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) August 27, 1998
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of August 1, 1998,
providing for the issuance of REMIC Multi-Class
Pass-Through Certificates, Series 1998-13)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
----------------------------------------------------------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
Three Executive Campus
Cherry Hill, New Jersey 08002
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including
area code (609) 661-6100
--------------
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
General.
On August 27, 1998, GE Capital Mortgage Services, Inc. ("GECMSI")
offered to investors certain classes of its REMIC Multi-Class
Pass-Through Certificates, Series 1998-13 (the "Certificates")
evidencing beneficial ownership interests in a trust fund (the
"Trust Fund"). The assets of the Trust Fund consist primarily of
a pool ("Pool 1998-13") of conventional, one- to four-family
residential loans (the "Mortgage Loans"). Capitalized terms used
herein and not otherwise defined shall have the meanings assigned
to them in the Prospectus dated May 26, 1998 as supplemented by
the Prospectus Supplement dated August 24, 1998.
The original principal balance of each Class of the Certificates
is as follows:
Class A1 $51,008,000.00
Class A2 $29,552,000.00
Class A3 $110,000,000.00
Class A4 $100,000,000.00
Class A5 $21,901,000.00
Class A6 $40,997,000.00
Class A7 $20,000,000.00
Class A8 $30,000,000.00
Class A9 $32,615,223.00
Class A10 $35,317,777.00
Class A11 $0.00
Class A12 $64,958,597.00
Class A13 $16,841,118.00
Class A14 $57,922,000.00
Class A15 $75,604,991.00
Class A16 $11,513,000.00
Class A17 $4,715,570.00
Class A18 $3,372,724.00
Class A19 $19,134,000.00
Class A20 $36,642,750.00
Class A21 $12,214,250.00
Class A22 $27,794,118.00
Class A23 $7,205,882.00
Class A24 $38,395,000.00
Class A25 $12,453,750.00
Class A26 $4,151,250.00
Class B1 $7,213,000.00
Class B2 $4,057,000.00
Class B3 $3,606,500.00
Class B4 $1,803,000.00
Class B5 $2,705,155.62
Class M $16,680,000.00
Class PO $1,238,414.03
Class R $100.00
Class RL $100.00
----------------
Total : $901,613,269.65
2
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The initial Junior Percentage and initial Senior Percentage for
Pool 1998-13 are approximately 4.01% and 95.99%, respectively.
The "Bankruptcy Loss Amount," the "Fraud Loss Amount" and the
"Special Hazard Loss Amount" for Pool 1998-13 as of the initial
issuance of the Certificates are $319,370.00, $9,016,133.00 and
$9,016,133.00, respectively, representing approximately .0400%,
1.0000%, and 1.0000%, respectively, of the aggregate Scheduled
Principal Balances of the Mortgage Loans as of August 1, 1998
(the "Cut-off Date").
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1998-13
- ------------
Pool 1998-13 consists primarily of fixed-rate, fully-amortizing
conventional Mortgage Loans evidenced by Mortgage Notes which
have original maturities of 20 to 30 years and an aggregate
outstanding Scheduled Principal Balance as of the Cut-off Date,
after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of
$901,613,269.65.
The interest rates (the "Mortgage Rates") borne by the 2707
Mortgage Loans conveyed by GECMSI to Pool 1998-13 range from
6.3750% to 8.6250% and the weighted average Mortgage Rate as of
the Cut-off Date is 7.3505% per annum (all weighted averages in
this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the
principal balances of the Mortgage Loans in Pool 1998-13 ranged
from $227,200.00 to $1,447,500.00, and, as of the Cut-off Date,
the average outstanding Scheduled Principal Balance of the
Mortgage Loans in Pool 1998-13 is $333,067.33, after application
of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest
origination date of any Mortgage Loan in Pool 1998-13 is July
1992, and the latest scheduled maturity date of any such Mortgage
Loan is August 2028. The weighted average loan-to-value ratio of
the Mortgage Loans as of the Cut-off Date in Pool 1998-13 is
74.8505%.
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The Mortgage Loans in Pool 1998-13 have the following
characteristics as of the Cut-off Date.
a) The following table sets forth information, as of the
Cut-off Date, with respect to the Mortgage Rates borne by
the Mortgage Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
MORTGAGE # OF AS OF AGGREGATE
RATES LOANS CUT-OFF DATE BALANCE
-------- ----- ------------ ---------
6.3750% 3 $895,178.07 0.0993%
6.5000% 6 $2,178,045.40 0.2416%
6.6250% 9 $3,350,274.17 0.3716%
6.7500% 35 $12,039,880.75 1.3354%
6.8750% 107 $36,390,352.51 4.0361%
7.0000% 177 $59,971,405.21 6.6516%
7.0500% 3 $1,067,658.97 0.1184%
7.1000% 3 $1,233,101.78 0.1368%
7.1250% 259 $86,086,319.34 9.5480%
7.1500% 6 $1,908,580.79 0.2117%
7.2000% 14 $4,467,307.54 0.4955%
7.2500% 528 $176,147,939.70 19.5370%
7.3000% 9 $2,915,422.36 0.3234%
7.3500% 7 $2,914,911.59 0.3233%
7.3750% 485 $161,278,312.56 17.8877%
7.4000% 8 $2,593,308.91 0.2876%
7.4500% 14 $4,786,687.29 0.5309%
7.5000% 544 $180,868,507.52 20.0605%
7.5500% 15 $5,043,770.52 0.5594%
7.6000% 12 $3,608,392.27 0.4002%
7.6250% 236 $78,499,397.90 8.7065%
7.6500% 11 $3,927,870.12 0.4357%
7.7000% 4 $1,153,454.40 0.1279%
7.7500% 114 $36,075,333.84 4.0012%
7.8500% 1 $272,121.79 0.0302%
7.8750% 73 $23,005,654.42 2.5516%
8.0000% 16 $6,280,878.42 0.6966%
8.0500% 1 $319,673.35 0.0355%
8.1250% 3 $840,021.69 0.0932%
8.2500% 3 $1,238,169.67 0.1373%
8.6250% 1 $255,336.80 0.0283%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
4
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b) The following table sets forth information, as of the
Cut-off Date, with respect to the original principal
balances of the Mortgage Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
ORIGINAL # OF AS OF AGGREGATE
BALANCES LOANS CUT-OFF DATE BALANCE
-------- ----- ------------ ---------
$227,151 - 250,000 356 $85,916,218.67 9.5292%
$250,001 - 300,000 1,000 $274,999,957.67 30.5009%
$300,001 - 350,000 557 $180,872,007.23 20.0609%
$350,001 - 400,000 314 $117,643,687.91 13.0481%
$400,001 - 450,000 187 $79,511,136.05 8.8188%
$450,001 - 600,000 229 $115,302,161.83 12.7884%
$600,001 - 650,000 35 $22,468,485.89 2.4920%
$650,001 - 1,000,000+ 29 $24,899,614.40 2.7617%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
The largest outstanding Scheduled Principal Balance of any
Mortgage Loan, as of the Cut-off Date, in Pool 1998-13 is
$1,446,425.74.
The smallest outstanding Scheduled Principal Balance of any
Mortgage Loan, as of the Cut-off Date, in Pool 1998-13 is
$223,357.06.
c) The following table sets forth information, as of the
Cut-off Date, with respect to the years of origination of
the Mortgage Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
YEAR OF # OF AS OF AGGREGATE
ORIGINATION LOANS CUT-OFF DATE BALANCE
- ----------- ----- ------------ ---------
1992 2 $787,349.98 0.0873%
1993 1 $223,357.06 0.0248%
1994 1 $240,500.00 0.0267%
1995 2 $540,000.00 0.0599%
1996 3 $931,605.99 0.1033%
1997 15 $5,369,305.14 0.5955%
1998 2,683 $893,521,151.48 99.1025%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
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d) The following table sets forth information, as of the
Cut-off Date, with respect to the loan-to-value ratios of
the Mortgage Loans at origination in Pool 1998-13:
LOAN- AGGREGATE % OF
TO-VALUE BALANCES POOL BY
RATIO AT # OF AS OF AGGREGATE
ORIGINATION LOANS CUT-OFF DATE BALANCE
----------- ----- ------------ ---------
00.000 - 50.00 93 $34,633,371.15 3.8413%
50.001 - 60.00 156 $58,875,423.85 6.5300%
60.001 - 70.00 367 $135,570,859.10 15.0365%
70.001 - 75.00 407 $140,750,624.60 15.6110%
75.001 - 80.00 1,283 $416,726,409.63 46.2200%
80.001 - 85.00 45 $13,417,388.98 1.4882%
85.001 - 90.00 213 $63,972,988.38 7.0954%
90.001 - 95.00 143 $37,666,203.96 4.1776%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
e) The following table sets forth information, as of the
Cut-off Date, with respect to the type of Mortgaged
Properties securing the Mortgage Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
TYPE OF # OF AS OF AGGREGATE
DWELLING LOANS CUT-OFF DATE BALANCE
- -------- ----- ------------ ---------
Single-family
detached 2,461 $820,537,144.14 91.0077%
Single-family
attached 115 $37,060,750.21 4.1105%
Condominium 97 $29,817,290.61 3.3071%
2 - 4 Family Units 24 $9,880,216.97 1.0958%
Co-op 10 $4,317,867.72 0.4789%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
f) The following table sets forth information, as of the
Cut-off Date, with respect to the occupancy status of the
Mortgaged Properties securing the Mortgage Loans as
represented by the mortgagors at origination in Pool
1998-13:
AGGREGATE % OF
BALANCES POOL BY
# OF AS OF AGGREGATE
OCCUPANCY LOANS CUT-OFF DATE BALANCE
- --------- ----- ------------ ---------
Owner Occupied 2,656 $885,799,046.46 98.2460%
Vacation 39 $12,462,209.47 1.3822%
Investment 12 $3,352,013.72 0.3718%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
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g) The following table sets forth information, as of the
Cut-off Date, with respect to the geographic distribution of
the Mortgaged Properties securing the Mortgage Loans in Pool
1998-13:
AGGREGATE % OF
BALANCES POOL BY
# OF AS OF AGGREGATE
STATE LOANS CUT-OFF DATE BALANCE
- ----- ----- ------------ ---------
Alabama 3 $1,243,431.54 0.1379%
Arizona 32 $10,231,860.62 1.1348%
Arkansas 8 $2,633,549.92 0.2921%
California 1,348 $449,919,071.41 49.9014%
Colorado 54 $18,958,247.91 2.1027%
Connecticut 66 $23,198,352.62 2.5730%
Delaware 1 $323,884.30 0.0359%
District Of Columbia 16 $5,524,590.44 0.6127%
Florida 46 $16,056,719.11 1.7809%
Georgia 59 $19,162,685.01 2.1254%
Hawaii 1 $478,000.00 0.0530%
Illinois 88 $28,843,323.54 3.1991%
Indiana 5 $1,602,372.62 0.1777%
Iowa 1 $333,319.73 0.0370%
Kansas 3 $806,572.15 0.0895%
Kentucky 6 $2,524,154.60 0.2800%
Louisiana 12 $4,505,733.68 0.4997%
Maine 1 $470,000.00 0.0521%
Maryland 89 $28,687,213.85 3.1818%
Massachusetts 169 $56,745,717.74 6.2938%
Michigan 22 $7,569,974.18 0.8396%
Minnesota 17 $5,649,930.02 0.6266%
Missouri 10 $3,234,567.92 0.3588%
Nebraska 1 $839,344.71 0.0931%
Nevada 11 $3,101,917.79 0.3440%
New Hampshire 9 $2,839,257.16 0.3149%
New Jersey 135 $44,610,365.43 4.9478%
New Mexico 4 $1,097,387.71 0.1217%
New York 98 $34,746,571.22 3.8538%
North Carolina 26 $8,412,509.59 0.9331%
Ohio 18 $5,694,520.40 0.6316%
Oklahoma 2 $512,644.95 0.0569%
Oregon 13 $4,344,701.93 0.4819%
Pennsylvania 64 $21,352,496.36 2.3683%
Rhode Island 7 $2,294,482.70 0.2545%
South Carolina 6 $1,892,850.49 0.2099%
Tennessee 2 $697,967.25 0.0774%
Texas 54 $17,639,726.55 1.9565%
Utah 7 $2,741,697.23 0.3041%
Vermont 1 $247,639.86 0.0275%
Virginia 88 $26,214,910.26 2.9076%
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Washington 81 $26,503,292.87 2.9395%
Wisconsin 22 $6,860,908.95 0.7610%
Wyoming 1 $264,803.33 0.0294%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
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h) The following table sets forth information, as of the
Cut-off Date, with respect to the maturity dates of the
Mortgage Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
YEAR OF # OF AS OF AGGREGATE
MATURITY LOANS CUT-OFF DATE BALANCE
-------- ----- ------------ ---------
2018 15 $4,995,034.66 0.5540%
2023 6 $1,831,570.89 0.2031%
2025 1 $591,507.74 0.0656%
2026 5 $1,472,593.25 0.1633%
2027 12 $4,317,523.30 0.4789%
2028 2,668 $888,405,039.81 98.5351%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
The weighted average scheduled remaining term to maturity of the
Mortgage Loans in Pool 1998-13 calculated as of the Cut-off Date
is 359 months.
i) The following table sets forth information, as of the
Cut-off Date, with respect to the purpose of the Mortgage
Loans in Pool 1998-13:
AGGREGATE % OF
BALANCES POOL BY
PURPOSE # OF AS OF AGGREGATE
OF LOAN LOANS CUT-OFF DATE BALANCE
- ------- ----- ------------ ---------
Purchase 1,398 $454,423,103.81 50.4011%
Rate Term/Refinance 997 $337,023,677.48 37.3801%
Cash-out Refinance 312 $110,166,488.36 12.2188%
----- --------------- ---------
Total 2,707 $901,613,269.65 100.0000%
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS
AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of April 24, 1995, and
the related Terms Agreement, dated as of August 24, 1998,
for certain of the Series 1998-13 Certificates between GE
Capital Mortgage Services, Inc. and Paine Webber
Incorporated
4.1 The Pooling and Servicing Agreement for the Series 1998-13
Certificates, dated as of August 1, 1998, between GE
Capital Mortgage Services, Inc., as seller and servicer,
and State Street Bank and Trust Company, as trustee.
10
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SIGNATURES
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 thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By: /s/ Syed W. Ali
-----------------------------
Name: Syed W. Ali
Title: Vice President
Dated as of August 27, 1998
11
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SIGNATURES
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 thereunto duly authorized.
GE Capital Mortgage Services, Inc.
By:
-----------------------------
Name: Syed W. Ali
Title: Vice President
Dated as of August 27, 1998
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EXHIBIT INDEX
The exhibits are being filed herewith:
- -----------------------------------------------------------------
EXHIBIT NO. DESCRIPTION PAGE
- -----------------------------------------------------------------
1.1 The Underwriting Agreement, dated as
of April 24, 1995, and the related Terms
Agreement, dated as of August 24, 1998,
for certain of the Series 1998-13
Certificates between GE Capital
Mortgage Services, Inc.and Paine
Webber Incorporated.
4.1 The Pooling and Servicing Agreement
for the Series 1998-13 Certificates,
dated as of August 1, 1998, between GE
Capital Mortgage Services, Inc., as seller
and servicer, and State Street Bank and
Trust Company, as trustee.
- -----------------------------------------------------------------
EXECUTION
GE CAPITAL MORTGAGE SERVICES, INC.
PASS-THROUGH CERTIFICATES
(Issuable in Series)
UNDERWRITING AGREEMENT
PaineWebber Incorporated New York, New York
1285 Avenue of the Americas April 24, 1995
New York, New York 10019
Ladies and Gentlemen:
GE Capital Mortgage Services, Inc., a corporation
organized and existing under the laws of the State of New Jersey
(the "Company"), may offer for sale to you (the "Underwriter")
from time to time its Pass-Through Certificates evidencing
interests in pools of mortgage loans (the "Certificates"). The
Certificates may be issued in various series, and within each
series, in one or more classes, in one or more offerings on terms
determined at the time of sale (each such series, a "Series" and
each such class, a "Class"). Each Series of the Certificates will
be issued under a separate Pooling and Servicing Agreement (each,
a "Pooling and Servicing Agreement") to be dated as of the
respective cut-off date (each, a "Cut-off Date") between the
Company, as seller and servicer, and State Street Bank and Trust
Company, as trustee (the "Trustee"). Capitalized terms used but
not defined herein shall have the meanings given to them in the
related Pooling and Servicing Agreement.
The Certificates issued under each Pooling and
Servicing Agreement will represent the entire beneficial
ownership interest in a trust fund (the "Trust Fund") established
by such Pooling and Servicing Agreement. The assets of each Trust
Fund will consist primarily of a pool of conventional, fixed
rate, first lien, fully amortizing, one- to four-family
residential mortgage loans (the "Mortgage Loans") having the
original terms to maturity specified in the related Terms
Agreement referred to hereinbelow. If so specified in the related
Terms Agreement, one or more elections may be made to treat the
assets of each Trust Fund as a real estate mortgage investment
conduit (each, a "REMIC") for federal income tax purposes.
Whenever the Company determines to make an offering of
Certificates (each, a "Certificate Offering") pursuant to this
<PAGE>
Agreement through you, it will enter into an agreement with you
(the "Terms Agreement") providing for the sale of specified
Classes of Offered Certificates (as defined below) to, and the
purchase and public offering thereof by, you. Each such
Certificate Offering which the Company elects to make pursuant to
this Agreement shall be governed by this Agreement, as
supplemented by the related Terms Agreement. Each Terms
Agreement, which shall be substantially in the form of Exhibit A
hereto, shall specify, among other things, the Classes of
Certificates to be purchased by the Underwriter (the "Offered
Certificates"), the principal balance or balances of the Offered
Certificates, each subject to any stated variance, and the price
or prices at which such Offered Certificates are to be purchased
by the Underwriter from the Company.
1. Representations and Warranties. (a) The Company
represents and warrants to and agrees with the Underwriter, as of
the date of the related Terms Agreement, that:
(i) The registration statement specified in
the related Terms Agreement, on Form S-3, including a
prospectus, has been filed with the Securities and
Exchange Commission (the "Commission") for the
registration under the Securities Act of 1933, as
amended (the "Act"), of pass-through certificates
issuable in series, which registration statement has
been declared effective by the Commission. Such
registration statement, as amended to the date of the
related Terms Agreement, including any documents
incorporated by reference therein pursuant to Item 12
of Form S-3 under the Act which were filed under the
Securities Exchange Act of 1934, as amended (the
"Exchange Act"), on or before the effective date of the
Registration Statement, is hereinafter called the
"Registration Statement," and such prospectus, as such
prospectus is supplemented by a prospectus supplement
relating to the Offered Certificates of the related
Series, each in the form first filed after the date of
the related Terms Agreement pursuant to Rule 424(b)
under the Act, including any documents incorporated by
reference therein pursuant to Item 12 of Form S-3 under
the Act which were filed under the Exchange Act on or
before the date of such Prospectus Supplement (other
than any such incorporated documents that relate to
Collateral Term Sheets (as defined herein)) (such
prospectus supplement, including such incorporated
documents (other than those that relate to Collateral
Term Sheets), in the form first filed after the date of
the related Terms Agreement pursuant to Rule 424(b) is
hereinafter called the "Prospectus Supplement"), is
hereinafter called the "Prospectus". Any reference
herein to the terms "amend," "amendment" or
2
<PAGE>
"supplement" with respect to the Registration
Statement, the Prospectus or the Prospectus Supplement
shall be deemed to refer to and include the filing of
any document under the Exchange Act after the effective
date of the Registration Statement or the issue date of
the Prospectus or Prospectus Supplement, as the case
may be, deemed to be incorporated therein by reference
pursuant to Item 12 of Form S-3 under the Act.
(ii) The related Registration Statement, at
the time it became effective, and the prospectus
contained therein, and any amendments thereof and
supplements thereto filed prior to the date of the
related Terms Agreement, conformed in all material
respects to the requirements of the Act and the rules
and regulations of the Commission thereunder; on the
date of the related Terms Agreement and on each Closing
Date (as defined in Section 3 below), the related
Registration Statement and the related Prospectus, and
any amendments thereof and supplements thereto, will
conform in all material respects to the requirements of
the Act and the rules and regulations of the Commission
thereunder; such Registration Statement, at the time it
became effective, did not contain any untrue statement
of a material fact or omit to state a material fact
required to be stated therein or necessary to make the
statements therein not misleading; such Prospectus, on
the date of any filing pursuant to Rule 424(b) and on
each Closing Date, will not include any untrue
statement of a material fact or omit to state a
material fact necessary to make the statements therein,
in the light of the circumstances under which they are
made, not misleading; and the Detailed Description
referred to in such Prospectus, on each Closing Date
and the date of any filing thereof under cover of Form
8-K, will not include any untrue statement of a
material fact or omit to state any information which
such Prospectus states will be included in such
Detailed Description; provided, however, that the
Company makes no representations or warranties as to
the information contained in or omitted from (A) such
Registration Statement or such Prospectus (or any
supplement thereto) in reliance upon and in conformity
with written information furnished to the Company by or
on behalf of the Underwriter specifically for use in
the preparation thereof or (B) any Current Report (as
defined in Section 5(b) below), or in any amendment
thereof or supplement thereto, incorporated by
reference in such Registration Statement or such
Prospectus (or any amendment thereof or supplement
thereto).
3
<PAGE>
(iii) The Certificates of the related Series
will conform to the description thereof contained in
the related Prospectus; will each, if rated at the time
of issuance in one of the two highest rating categories
by a nationally recognized statistical rating
organization, be when issued a "mortgage related
security" as such term is defined in Section 3(a)(41)
of the Exchange Act, and will each on the related
Closing Date be duly and validly authorized, and, when
validly executed, countersigned, issued and delivered
in accordance with the related Pooling and Servicing
Agreement and sold to you as provided herein and in the
related Terms Agreement, will each be validly issued
and outstanding and entitled to the benefits of the
related Pooling and Servicing Agreement.
(iv) Neither the issuance nor sale of the
Certificates of the related Series nor the consummation
of any other of the transactions herein contemplated,
nor the fulfillment of the terms hereof or of the
related Terms Agreement, will conflict with any
statute, order or regulation applicable to the Company
of any court, regulatory body, administrative agency or
governmental body having jurisdiction over the Company
or with any organizational document of the Company or
any instrument or any agreement under which the Company
is bound or to which it is a party.
(v) This Agreement and the related
Terms Agreement have been duly authorized, executed and
delivered by the Company.
(vi) At or prior to the related Closing
Date, the Company will have entered into the related
Pooling and Servicing Agreement and, assuming the due
authorization, execution and delivery thereof by the
Trustee, such Pooling and Servicing Agreement (on such
Closing Date) will constitute the valid and binding
agreement of the Company enforceable in accordance with
its terms, subject as to enforceability, to bankruptcy,
insolvency, reorganization or other similar laws
affecting creditors' rights and to general principles
of equity (regardless of whether the enforceability of
such Pooling and Servicing Agreement is considered in a
proceeding in equity or at law).
2. Purchase and Sale. Subject to the execution of
the Terms Agreement for a particular Certificate Offering and
subject to the terms and conditions and in reliance upon the
representations and warranties set forth in this Agreement and
such Terms Agreement, the Company agrees to sell to the
4
<PAGE>
Underwriter, and the Underwriter agrees to purchase from the
Company, all, but not less than all, of the related Offered
Certificates at the purchase price therefor set forth in such
Terms Agreement (the "Purchase Price").
3. Delivery and Payment. Delivery of and payment for
the Offered Certificates of a Series shall be made at the offices
of Cleary, Gottlieb, Steen & Hamilton, New York, New York, at
10:00 A.M., New York City time, on the Closing Date specified in
the related Terms Agreement, which date and time may be postponed
by agreement between the Underwriter and the Company (such date
and time being herein called the "Closing Date"). Delivery of
such Offered Certificates shall be made to the Underwriter
against payment by the Underwriter of the Purchase Price thereof
to or upon the order of the Company by wire transfer in federal
or other immediately available funds or by check payable in
federal funds, as the Company shall specify no later than five
full business days prior to such Closing Date. Unless delivery is
made through the facilities of The Depository Trust Company, the
Offered Certificates shall be registered in such names and in
such authorized denominations as the Underwriter may request not
less than two full business days in advance of each Closing Date.
The Company agrees to notify the Underwriter at least
two business days before each Closing Date of the exact principal
balance evidenced by the Offered Certificates and to have such
Offered Certificates available for inspection, checking and
packaging in New York, New York, no later than 12:00 noon on the
business day prior to such Closing Date.
4. Offering by the Underwriter. It is understood that
the Underwriter proposes to offer the Offered Certificates of the
related Series for sale to the public as set forth in the related
Prospectus.
5. Agreements. The Company agrees with the
Underwriter that:
(a) The Company will cause the Prospectus as
supplemented by a Prospectus Supplement relating to the
Offered Certificates to be filed pursuant to Rule 424 under
the Act and will promptly advise the Underwriter when such
Prospectus as so supplemented has been so filed, and prior
to the termination of the Certificate Offering to which such
Prospectus relates also will promptly advise the Underwriter
(i) when any amendment to the related Registration Statement
specifically relating to such Offered Certificates shall
have become effective or any further supplement to such
Prospectus has been filed, (ii) of any request by the
Commission for any amendment of such Registration Statement
or Prospectus or for any additional information, (iii) of
the issuance by the Commission of any stop order suspending
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the effectiveness of such Registration Statement or the
institution or threatening of any proceeding for that
purpose and (iv) of the receipt by the Company of any
written notification with respect to the suspension of the
qualification of such Offered Certificates for sale in any
jurisdiction or the initiation or threatening of any
proceeding for such purpose. The Company will not file any
amendment of the related Registration Statement or
supplement to the related Prospectus (other than any
amendment or supplement specifically relating to one or more
Series of pass-through certificates other than the Series
that includes the related Offered Certificates) unless the
Company has furnished the Underwriter with a copy for its
review prior to filing. The Company will use its best
efforts to prevent the issuance of any such stop order and,
if issued, to obtain as soon as possible the withdrawal
thereof.
(b) The Company will cause any Computational
Materials and any Structural Term Sheets (each as defined in
Section 8 below) with respect to the Offered Certificates of
a Series that are delivered by the Underwriter to the
Company pursuant to Section 8 to be filed with the
Commission on a Current Report on Form 8-K (a "Current
Report") pursuant to Rule 13a-11 under the Exchange Act on
the business day immediately following the later of (i) the
day on which such Computational Materials and Structural
Term Sheets are delivered to counsel for the Company by the
Underwriter prior to 10:30 a.m. and (ii) the date on which
this Agreement is executed and delivered. The Company will
cause one Collateral Term Sheet (as defined in Section 9
below) with respect to the Offered Certificates of a Series
that is delivered by the Underwriter to the Company in
accordance with the provisions of Section 9 to be filed with
the Commission on a Current Report pursuant to Rule 13a-11
under the Exchange Act on the business day immediately
following the day on which such Collateral Term Sheet is
delivered to counsel for the Company by the Underwriter
prior to 10:30 a.m. In addition, if at any time prior to the
availability of the related Prospectus Supplement the
Underwriter has delivered to any prospective investor a
Collateral Term Sheet that reflects, in the reasonable
judgement of the Underwriter and the Company, a material
change in the characteristics of the Mortgage Loans for the
related Series from those on which a Collateral Term Sheet
with respect to the related Series previously filed with the
Commission was based, the Company will cause any such
Collateral Term Sheet that is delivered by the Underwriter
to the Company in accordance with the provisions of Section
9 to be filed with the Commission on a Current Report on the
business day immediately following the day on which such
Collateral Term Sheet is delivered to counsel for the
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<PAGE>
Company by the Underwriter prior to 10:30 a.m. In each case,
the Company will promptly advise the Underwriter when such
Current Report has been so filed. Each such Current Report
shall be incorporated by reference in the related Prospectus
and the related Registration Statement. Notwithstanding the
five preceding sentences, the Company shall have no
obligation to file any materials provided by the Underwriter
pursuant to Sections 8 and 9 which, in the reasonable
determination of the Company after making reasonable efforts
to consult with the Underwriter, are not required to be
filed pursuant to the Kidder Letters or the PSA Letter (each
as defined in Section 8 below), or which contain erroneous
information or contain any untrue statement of a material
fact or, when read in conjunction with the Prospectus and
Prospectus Supplement, omit to state a material fact
required to be stated therein or necessary to make the
statements therein not misleading; it being understood,
however, that the Company shall have no obligation to review
or pass upon the accuracy or adequacy of, or to correct, any
Computational Materials, Structural Term Sheets or
Collateral Term Sheets provided by the Underwriter to the
Company pursuant to Section 8 or Section 9 hereof.
(c) If, at any time when a prospectus relating to
the Offered Certificates of a Series is required to be
delivered under the Act, any event occurs as a result of
which the related Prospectus as then amended or supplemented
would include any untrue statement of a material fact or
omit to state any material fact necessary to make the
statements therein in light of the circumstances under which
they were made not misleading, or if it shall be necessary
at any time to amend or supplement the related Prospectus to
comply with the Act or the rules thereunder, the Company
promptly will prepare and file with the Commission, subject
to paragraph (a) of this Section 5, an amendment or
supplement which will correct such statement or omission or
an amendment which will effect such compliance; provided,
however, that the Company will not be required to file any
such amendment or supplement with respect to any
Computational Materials, Structural Term Sheets or
Collateral Term Sheets incorporated by reference in the
Prospectus other than any amendments or supplements of such
Computational Materials or Structural Term Sheets that are
furnished to the Company by the Underwriter pursuant to
Section 8(e) hereof or any amendments or supplements of such
Collateral Term Sheets that are furnished to the Company by
the Underwriter pursuant to Section 9(d) hereof which the
Company determines to file in accordance therewith.
(d) The Company will furnish to the Underwriter
and counsel for the Underwriter, without charge, as many
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<PAGE>
signed copies of the related Registration Statement
(including exhibits thereto) and, so long as delivery of a
prospectus by the Underwriter or dealer may be required by
the Act, as many copies of the related Prospectus and any
supplements thereto (other than exhibits to the related
Current Report) as the Underwriter may reasonably request.
(e) The Company will furnish such information,
execute such instruments and take such actions as may be
reasonably requested by the Underwriter to qualify the
Offered Certificates of a Series for sale under the laws of
such jurisdictions as the Underwriter may designate, to
maintain such qualifications in effect so long as required
for the distribution of such Offered Certificates and to
determine the legality of such Offered Certificates for
purchase by institutional investors; provided, however, that
the Company shall not be required to qualify to do business
in any jurisdiction where it is not qualified on the date of
the related Terms Agreement or to take any action which
would subject it to general or unlimited service of process
in any jurisdiction in which it is not, on the date of the
related Terms Agreement, subject to such service of process.
(f) So long as the Offered Certificates of a
Series are outstanding, the Company will furnish to the
Underwriter copies of the annual independent public
accountants' servicing report furnished to the Trustee
pursuant to Section 3.13 of the related Pooling and
Servicing Agreement.
(g) Whether or not the transactions contemplated
hereby and by the related Terms Agreement shall be
consummated, the Company shall be responsible for the
payment of any costs and expenses for which details are
submitted, in connection with the performance of its
obligations under this Agreement and the related Terms
Agreement, including, without limitation, (a) the cost and
expenses of printing or otherwise reproducing the related
Registration Statement or Prospectus, this Agreement, the
related Terms Agreement, the related Pooling and Servicing
Agreement and the Offered Certificates, and (b) the cost of
delivering the related Offered Certificates to the office of
the Underwriter, insured to the satisfaction of the
Underwriter (it being understood that, except as provided in
this paragraph (f) and in Section 7 hereof, the Underwriter
will pay all its own costs and expenses, including the fees
of Brown & Wood, counsel for the Underwriter, transfer taxes
on resale of any Offered Certificates by it, advertising
expenses connected with any offers that it may make, the
fees of KPMG Peat Marwick with respect to its letters
furnished pursuant to Section 6(i) of the Agreement and any
letter furnished pursuant to the last sentence of Section
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<PAGE>
6(h) hereof, the fees of any firm of public accountants
selected by the Underwriter with respect to their letter
furnished pursuant to Section 8(c) of the Agreement and any
other costs and expenses specified in the related Terms
Agreement as "Additional Expenses").
6. Conditions to the Obligations of the Underwriter.
The obligations of the Underwriter to purchase the Offered
Certificates of any Series shall be subject to the accuracy in
all material respects of the representations and warranties on
the part of the Company contained in this Agreement, as
supplemented by the related Terms Agreement, as of the respective
dates thereof and the related Closing Date, to the accuracy of
the statements of the Company made in any applicable officers'
certificates pursuant to the provisions hereof, to the
performance by the Company of its obligations under this
Agreement and such Terms Agreement and to the following
additional conditions applicable to the related Certificate
Offering:
(a) No stop order suspending the effectiveness of
the related Registration Statement shall have been issued
and no proceedings for that purpose shall have been
instituted or threatened.
(b) Cleary, Gottlieb, Steen & Hamilton, counsel
for the Company, shall have furnished to the Underwriter an
opinion, dated the related Closing Date, to the effect that:
(i) this Agreement and the related
Terms Agreement have been duly authorized, executed and
delivered by the Company;
(ii) the related Pooling and Servicing
Agreement has been duly authorized, executed and
delivered by the Company and is a legal, valid and
binding agreement of the Company enforceable against
the Company in accordance with its terms;
(iii) the issuance of the Certificates of the
related Series and sale of the related Offered
Certificates has been duly authorized by the Company
and the Certificates of such Series, when duly
countersigned by the Trustee in accordance with the
related Pooling and Servicing Agreement, will be
validly issued and outstanding and entitled to the
benefits of such Pooling and Servicing Agreement;
(iv) the related Pooling and Servicing
Agreement is not required to be qualified under the
Trust Indenture Act of 1939, as amended, and the trust
created thereunder is not required to be registered
9
<PAGE>
under the Investment Company Act of 1940, as amended;
(v) the related Registration Statement has
become effective under the Act, and, to the best of the
knowledge of such counsel, no stop order suspending the
effectiveness of such Registration Statement has been
issued and no proceedings for that purpose have been
instituted or are pending or contemplated by the
Commission under the Act; such Registration Statement
and the related Prospectus, and each amendment or
supplement thereto (except the financial statements and
schedules and other financial and statistical data
included therein and the documents incorporated by
reference therein) applicable to the related Offered
Certificates and the obligations of the Company
relating thereto, as of their respective effective or
issue dates, appeared on their face to be appropriately
responsive in all material respects to the requirements
of the Act and the rules and regulations thereunder;
and no information has come to the attention of such
counsel that causes it to believe that (A) such
Registration Statement (except any document
incorporated by reference therein), as of the date it
became effective, or such Registration Statement
(except as aforesaid, and except the financial
statements and schedules and statistical data included
therein and the documents incorporated by reference
therein) as of the date the most recent post-effective
amendment thereto, if any, became effective, contained
any untrue statement of a material fact or omitted to
state any material fact required to be stated therein
or necessary to make the statements therein not
misleading or (B) such Prospectus (except any document
incorporated by reference therein) or any amendment or
supplement thereto (except as aforesaid, and except the
financial statements and schedules and statistical data
included therein and the documents incorporated by
reference therein), as of their respective issue dates
or at the related Closing Date, contained or contains
any untrue statement of a material fact or omitted or
omits to state any material fact necessary in order to
make the statements therein, in light of the
circumstances under which they were made, not
misleading;
(vi) the statements set forth under the
heading "Description of the Certificates" in the
related Prospectus, insofar as such statements purport
to summarize certain provisions of the related Pooling
and Servicing Agreement and the related Offered
Certificates, provide a fair summary of such
provisions;
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<PAGE>
(vii) the statements in the related
Prospectus under the headings "Certain Legal Aspects of
the Mortgage Loans and Contracts -- The Mortgage
Loans", "Certain Federal Income Tax Consequences"
(insofar as they relate specifically to the purchase,
ownership and disposition of the related Offered
Certificates) and "ERISA Considerations" (insofar as
they relate specifically to the purchase, ownership and
disposition of such Offered Certificates), to the
extent that they constitute matters of law or legal
conclusions, provide a fair summary of such law or
conclusions;
(viii) assuming compliance with the provisions
of the related Pooling and Servicing Agreement, for
federal income tax purposes, (A) if any election is
made to treat the assets of the Trust Fund as a REMIC:
the related Trust Fund (and any specified subgrouping
therein) will qualify as a REMIC pursuant to Section
860D of the Internal Revenue Code of 1986, as amended
(the "Code"), each Class of Certificates of the related
Series, other than the related Residual Class or
Classes, will constitute a class of "regular interests"
in the related REMIC within the meaning of the Code,
and each Class of such Certificates specified in the
related Prospectus as a Class of Residual Certificates
will constitute the "residual interest" in the related
REMIC within the meaning of the Code; (B) if no such
REMIC election is made: the Trust Fund will be treated
as a "grantor trust"; and
(ix) assuming that some or all of the
Offered Certificates of the related Series shall be
rated at the time of issuance in one of the two highest
rating categories by a nationally recognized
statistical rating organization, each Offered
Certificate so rated will be at the time of issuance, a
"mortgage related security" as such term is defined in
Section 3(a)(41) of the Exchange Act.
Such opinion may express its reliance as to factual matters
on the representations and warranties made by, and on
certificates or other documents furnished by, officers of
the parties to this Agreement, the related Terms Agreement
or the related Pooling and Servicing Agreement. Such opinion
may assume the due authorization, execution and delivery of
the instruments and documents referred to therein by the
parties thereto other than the Company. Such opinion may be
qualified, insofar as it concerns the enforceability of the
documents referred to therein, to the extent that such
enforceability may be limited by bankruptcy, insolvency,
reorganization or other similar laws affecting the
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<PAGE>
enforcement of creditors' rights in general and by
general equity principles (regardless of whether such
enforcement is considered in a proceeding in equity or at
law). Such opinion may be further qualified as expressing no
opinion as to (x) the statements in the related Prospectus
under the heading "Certain Legal Aspects of the Mortgage
Loans and Contracts -- The Mortgage Loans" except insofar as
such statements relate to the laws of the State of New York
and the laws of the United States, and (y) the statements in
such Prospectus under the headings "ERISA Considerations"
and "Certain Federal Income Tax Consequences" except insofar
as such statements relate to the laws of the United States.
In addition, such opinion may be qualified as an opinion
only on the laws of the State of New York and the laws of
the United States.
(c) The General Counsel for the Company shall have
furnished to the Underwriter an opinion, dated the related
Closing Date, to the effect that:
(i) The Company has been duly incorporated
and is validly existing as a corporation in good
standing under the laws of the State of New Jersey,
with corporate power to own its properties, to conduct
its business as described in the related Prospectus and
to enter into and perform its obligations under this
Agreement, the related Terms Agreement, the related
Pooling and Servicing Agreement and the Certificates of
the related Series;
(ii) The Company has full power and
authority to sell and service the related Mortgage
Loans as contemplated herein and in the related Pooling
and Servicing Agreement;
(iii) No consent, approval, authorization or
order of any court or governmental agency or body is
required for the consummation by the Company of the
transactions contemplated herein or in the related
Pooling and Servicing Agreement, except such as may be
required under the blue sky laws of any jurisdiction
and such other approvals as have been obtained;
(iv) Neither the issuance of the
Certificates of the related Series nor delivery of the
related Offered Certificates, nor the consummation of
any other of the transactions contemplated in this
Agreement, the related Terms Agreement or the related
Pooling and Servicing Agreement, nor the fulfillment of
the terms of the related Certificates, the related
Pooling and Servicing Agreement, this Agreement or the
related Terms Agreement will conflict with or violate
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<PAGE>
any term or provision of the articles of incorporation
or by-laws of the Company or any statute, order or
regulation applicable to the Company of any court,
regulatory body, administrative agency or governmental
body having jurisdiction over the Company and will not
conflict with, result in a breach or violation or the
acceleration of or constitute a default under the terms
of any indenture or other agreement or instrument known
to such counsel to which the Company is a party or by
which it is bound; and
(v) There are no actions, proceedings or
investigations pending or, to the best knowledge of
such counsel, threatened before any court,
administrative agency or other tribunal (i) asserting
the invalidity of this Agreement, the related Terms
Agreement, the related Pooling and Servicing Agreement
or the related Certificates, (ii) seeking to prevent
the issuance of the Certificates of the related Series
or the consummation by the Company of any of the
transactions contemplated by this Agreement, such Terms
Agreement or such Pooling and Servicing Agreement, or
(iii) which might materially and adversely affect the
performance by the Company of its obligations under, or
the validity or enforceability of, this Agreement, such
Terms Agreement, such Pooling and Servicing Agreement
or the related Certificates.
In rendering her opinion such counsel may rely as to matters
of fact, to the extent deemed proper and as stated therein,
on certificates of responsible officers of the Company or
public officials. In addition, such opinion may be qualified
as an opinion only on the laws of the State of New Jersey.
(d) The Underwriter shall have received from Brown
& Wood, counsel for the Underwriter, such opinion or
opinions, dated the related Closing Date, with respect to
the issuance and sale of the Certificates of the related
Series, the related Registration Statement, the related
Prospectus and such other related matters as the Underwriter
may reasonably require, and the Company shall have furnished
to such counsel such documents as the Underwriter may
reasonably request for the purpose of enabling them to pass
upon such matters.
(e) The Company shall have furnished to the
Underwriter a certificate of the Company, signed by the
President or any Vice President and the Senior Vice
President-Finance or the principal financial or accounting
officer of the Company, dated the related Closing Date, to
the effect that the signers of such certificate have
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<PAGE>
carefully examined the related Registration Statement
(excluding any Current Reports and any other documents
incorporated by reference therein), the related Prospectus,
the Detailed Description referred to in such Prospectus
(excluding any related Current Report), this Agreement and
the related Terms Agreement and that:
(i) the representations and warranties of
the Company in this Agreement are true and correct in
all material respects on and as of the related Closing
Date with the same effect as if made on such Closing
Date, and the Company has complied with all the
agreements and satisfied all the conditions on its part
to be performed or satisfied at or prior to such
Closing Date;
(ii) no stop order suspending the
effectiveness of such Registration Statement has been
issued and no proceedings for that purpose have been
instituted or, to their knowledge, threatened; and
(iii) nothing has come to their attention
that would lead them to believe that such Registration
Statement (excluding any Current Report) contains any
untrue statement of a material fact or omits to state
any material fact required to be stated therein or
necessary to make the statements therein not
misleading, that the related Prospectus (excluding any
related Current Report) contains any untrue statement
of a material fact or omits to state a material fact
required to be stated therein or necessary to make the
statements therein, in the light of the circumstances
under which they were made, not misleading, or that the
Detailed Description referred to in such Prospectus
includes any untrue statement of a material fact or
omits to state any information which the Prospectus
states will be included in such Detailed Description.
(f) Peabody & Arnold, counsel for the Trustee,
shall have furnished to the Underwriter an opinion, dated
the related Closing Date, to the effect that:
(i) the Trustee has been duly incorporated
and is validly existing as a corporation in good
standing under the laws of the Commonwealth of
Massachusetts with corporate power to own its
properties and conduct its business as presently
conducted by it, to conduct business as a trustee and
to enter into and perform its obligations under the
related Pooling and Servicing Agreement;
(ii) the related Pooling and Servicing
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Agreement has been duly authorized, executed and
delivered by the Trustee and constitutes the legal,
valid and binding agreement of the Trustee enforceable
against the Trustee in accordance with its terms,
subject to bankruptcy, insolvency, fraudulent
conveyance, reorganization or other similar laws
affecting the enforcement of creditors' rights
generally and to judicial discretion, and general
principles of equity (regardless of whether enforcement
is sought in a proceeding in equity or at law);
(iii) the Trustee has duly accepted its
appointment as trustee under the related Pooling and
Servicing Agreement;
(iv) no consent, approval, authorization or
order of any Massachusetts or federal court or
government agency or body is required on the part of
the Trustee for the consummation of the transactions
contemplated in the related Pooling and Servicing
Agreement, except such as may be required under any
federal or state securities law; and
(v) the performance on the part of the
Trustee of any of the transactions contemplated in the
related Pooling and Servicing Agreement does not
conflict with or result in a breach or violation of any
term or provision of, or constitute a default under,
the Articles of Organization, as amended, or By-Laws of
the Trustee, or any Massachusetts or federal statute or
regulation applicable to the Trustee, or to such
counsel's knowledge, any indenture or other agreement
or instrument to which the Trustee is a party or by
which it is bound, or, to such counsel's knowledge, any
order of any state or federal court, regulatory body,
administrative agency or governmental body having
jurisdiction over the Trustee.
In addition, such counsel shall furnish to the Underwriter
such opinions as to the treatment of the Trust Fund for
purposes of Massachusetts tax law as are reasonably
satisfactory to the Underwriter.
(g) KPMG Peat Marwick shall have furnished to the
Underwriter a letter, dated as of the date of the related
Terms Agreement, in form and substance satisfactory to the
Underwriter, stating in effect that they have performed
certain specified procedures as a result of which they have
determined that such information as the Underwriter may
reasonably request of an accounting, financial or
statistical nature (which is limited to accounting,
financial or statistical information derived from the
15
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general accounting records of the Company) set forth in the
related Prospectus Supplement under the caption "Delinquency
and Foreclosure Experience of the Company" agrees with the
accounting records of the Company, excluding any questions
of legal interpretation.
(h) KPMG Peat Marwick shall have furnished to the
Underwriter a letter, dated as of the related Closing Date,
in form and substance satisfactory to the Underwriter,
stating in effect that they have performed certain specified
procedures as a result of which they have determined that
such information as the Underwriter may reasonably request
of an accounting, financial or statistical nature (which is
limited to accounting, financial or statistical information
derived from the general accounting records of the Company
and which is obtained from an analysis of a sample of the
Mortgage Loans included in the related pool) set forth in
the related Prospectus Supplement under the caption
"Description of the Mortgage Pool and the Mortgaged
Properties" or "Description of the Mortgage Pools and the
Mortgaged Properties", as the case may be, and in the
Detailed Description relating to such Prospectus Supplement
is mutually consistent and agrees with the accounting
records of the Company and, where applicable, the related
Mortgage Loan files of the Company, excluding any questions
of legal interpretation. In addition, if applicable, such
accountants shall have furnished to the Underwriter a
letter, dated as of the related Closing Date, which shall
include a statement or statements to the effect that based
upon the assumptions and methodology agreed to by the
Company (and which is consistent with the manner in which
any final PAC Balances, TAC Balances, Scheduled Balances,
Maximum and Minimum Scheduled Balances or any other
scheduled balances are to be calculated as set forth in the
related Prospectus), all of which shall be described by
reference in such letter, such accountants shall have
verified the mathematical accuracy of any final PAC Balances
Table, TAC Balances Table, Scheduled Balances Table, Maximum
or Minimum Scheduled Balances Table or other scheduled
balances table attached as an exhibit to the related Pooling
and Servicing Agreement.
(i) KPMG Peat Marwick shall have furnished to the
Underwriter and the Company a letter or letters, dated as of
the date of the related Terms Agreement, in form and
substance satisfactory to the Underwriter and the Company,
including, without limitation, statements, if applicable, to
the effect that:
(i) based upon the assumptions and
methodology set forth in the related Prospectus, all of
which shall be described by reference in such letter,
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<PAGE>
they recomputed the percentages of initial principal
balance outstanding as of each of the Distribution
Dates (as defined in such Prospectus) indicated and the
weighted average lives of each Class of Offered
Certificates at each of the indicated percentages of
the applicable Prepayment Assumption, and they compared
the recomputed percentages and weighted average lives
to the corresponding percentages and weighted average
lives set forth in the related tables and found them to
be in agreement;
(ii) based upon the assumptions and
methodology set forth in such Prospectus, all of which
shall be described by reference in such letter, they
have verified the mathematical accuracy of any
Scheduled Final Distribution Dates for the Offered
Certificates, PAC Balances, TAC Balances, Scheduled
Balances, Maximum and Minimum Scheduled Balances or any
other scheduled balances set forth in such Prospectus
for each indicated Distribution Date, and have verified
the mathematical accuracy of any initial Effective
Ranges of any PAC Certificates, Scheduled Certificates
or other scheduled Certificates set forth in such
Prospectus; and
(iii) based upon the assumptions and
methodology set forth in such Prospectus, all of which
shall be described by reference in such letter, they
have verified the mathematical accuracy of the pre-tax
yields to maturity and, if applicable, aggregate cash
flows of any Class of Certificates for which such
pre-tax yields and, if applicable, aggregate cash flows
are set forth in such Prospectus at the indicated
percentages of the Prepayment Assumption and, if
applicable, at the indicated values of COFI, LIBOR or
any other index, as applicable.
(j) The Offered Certificates of the related Series
shall have received the ratings specified in the related
Terms Agreement (the "Required Ratings").
(k) Prior to the related Closing Date, the Company
shall have furnished to the Underwriter such further
information, certificates and documents as the Underwriter
may reasonably request.
(l) If any Certificates of the related Series are
to be sold to any other underwriter and/or offered in
reliance upon an exemption from the registration
requirements of the Act, the sale at or prior to the related
Closing Date of such Certificates to the purchaser thereof
shall have occurred.
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(m) Subsequent to the date of the related Terms
Agreement, there shall not have been any change, or any
development involving a prospective change, in or affecting
the business or properties of the Company which the
Underwriter concludes in its judgment, after consultation
with the Company, materially impairs the investment quality
of the Offered Certificates of the related Series so as to
make it impractical or inadvisable to proceed with the
public offering or the delivery of such Offered Certificates
as contemplated by the related Prospectus.
If any of the conditions specified in this Section 6
shall not have been fulfilled in all material respects with
respect to the particular Offered Certificates of a Series when
and as provided in this Agreement and the related Terms
Agreement, or if any of the opinions and certificates mentioned
above or elsewhere in this Agreement and the related Terms
Agreement shall not be in all material respects reasonably
satisfactory in form and substance to the Underwriter and its
counsel, this Agreement (with respect to the related Offered
Certificates) and the related Terms Agreement and all obligations
of the Underwriter hereunder (with respect to the related Offered
Certificates) and thereunder may be canceled at, or at any time
prior to, the related Closing Date by the Underwriter. Notice of
such cancellation shall be given to the Company in writing, or by
telephone or telegraph confirmed in writing.
7. Indemnification and Contribution. (a) The Company
agrees to indemnify and hold harmless the Underwriter and each
person who controls the Underwriter within the meaning of the Act
or the Exchange Act against any and all losses, claims, damages
or liabilities, joint or several, to which they or any of them
may become subject under the Act, the Exchange Act, or other
Federal or state statutory law or regulation, at common law or
otherwise, insofar as such losses, claims, damages or liabilities
(or actions in respect thereof) arise out of or are based upon
any untrue statement or alleged untrue statement of a material
fact contained in the Registration Statement relating to the
Offered Certificates of the applicable Series as it became
effective or in any amendment or supplement thereof, or in such
Registration Statement or the related Prospectus, or in any
amendment thereof, or in the Detailed Description referred to in
such Prospectus or arise out of or are based upon the omission or
alleged omission (in the case of any Computational Materials and
ABS Term Sheets in respect of which the Company agrees to
indemnify the Underwriter, as set forth below, when such are read
in conjunction with the related Prospectus and Prospectus
Supplement) to state therein a material fact required to be
stated therein or necessary to make the statements therein not
misleading, and agrees to reimburse each such indemnified party
for any legal or other expenses reasonably incurred by them in
connection with investigating or defending any such loss, claim,
18
<PAGE>
damage, liability or action; provided, however, that (i) the
Company will not be liable in any such case to the extent that
any such loss, claim, damage or liability arises out of or is
based upon any such untrue statement or alleged untrue statement
or omission or alleged omission made therein (A) in reliance upon
and in conformity with written information furnished to the
Company as herein stated by or on behalf of the Underwriter
specifically for use in connection with the preparation thereof
or (B) in any Current Report or any amendment or supplement
thereof, except to the extent that any untrue statement or
alleged untrue statement therein or omission therefrom results
(or is alleged to have resulted) directly from an error (a
"Mortgage Pool Error") in the information concerning the
characteristics of the Mortgage Loans furnished by the Company to
the Underwriter in writing or by electronic transmission that was
used in the preparation of either (x) any Computational Materials
or ABS Term Sheets (as defined in Section 9 below) (or amendments
or supplements thereof) included in such Current Report (or
amendment or supplement thereof) or (y) any written or electronic
materials furnished to prospective investors on which the
Computational Materials (or amendments or supplements) were
based, (ii) such indemnity with respect to any Corrected
Statement (as defined below) in such Prospectus (or supplement
thereto) shall not inure to the benefit of the Underwriter (or
any person controlling the Underwriter) from whom the person
asserting any loss, claim, damage or liability purchased the
Certificates of the related Series that are the subject thereof
if such person did not receive a copy of a supplement to such
Prospectus at or prior to the confirmation of the sale of such
Certificates and the untrue statement or omission of a material
fact contained in such Prospectus (or supplement thereto) was
corrected (a "Corrected Statement") in such other supplement and
such supplement was furnished by the Company to the Underwriter
prior to the delivery of such confirmation, and (iii) such
indemnity with respect to any Mortgage Pool Error shall not inure
to the benefit of the Underwriter (or any person controlling the
Underwriter) from whom the person asserting any loss, claim,
damage or liability received any Computational Materials or ABS
Term Sheets (or any written or electronic materials on which the
Computational Materials are based) that were prepared on the
basis of such Mortgage Pool Error, if, prior to the time of
confirmation of the sale of the applicable Certificates to such
person, the Company notified the Underwriter in writing of the
Mortgage Pool Error or provided in written or electronic form
information superseding or correcting such Mortgage Pool Error
(in any such case, a "Corrected Mortgage Pool Error"), and the
Underwriter failed to notify such person thereof or to deliver to
such person corrected Computational Materials (or underlying
written or electronic materials) or ABS Term Sheets. This
indemnity agreement will be in addition to any liability which
the Company may otherwise have.
19
<PAGE>
(b) The Underwriter agrees to indemnify and hold
harmless the Company, each of its directors, each of its officers
who signs the Registration Statement relating to the Offered
Certificates of the applicable Series, and each person who
controls the Company within the meaning of the Act or the
Exchange Act to the same extent as the foregoing indemnities from
the Company to the Underwriter, but only with reference to (A)
written information furnished to the Company by or on behalf of
the Underwriter specifically for use in the preparation of the
documents referred to in the foregoing indemnity with respect to
the related Series, or (B) any Computational Materials or ABS
Term Sheets (or amendments or supplements thereof) furnished to
the Company by the Underwriter pursuant to Section 8 and
incorporated by reference in such Registration Statement or the
related Prospectus or any amendment or supplement thereof (except
that no such indemnity shall be available for any losses, claims,
damages or liabilities, or actions in respect thereof, resulting
from any Mortgage Pool Error, other than a Corrected Mortgage
Pool Error). This indemnity agreement will be in addition to any
liability which the Underwriter may otherwise have. The Company
acknowledges that the statements set forth in the second sentence
of the ante-penultimate paragraph, the first sentence of the
penultimate paragraph, and in the last paragraph appearing on the
cover page of the related Prospectus Supplement as such
statements relate to such Offered Certificates and the second
sentence of the first paragraph under the heading "Plan of
Distribution" in such Prospectus Supplement as such statements
relate to such Offered Certificates constitute the only
information furnished in writing by or on behalf of the
Underwriter for inclusion in the related Prospectus (other than
any Computational Materials or ABS Term Sheets (or amendments or
supplements thereof) furnished to the Company by the
Underwriter), and the Underwriter confirms that such statements
are correct.
(c) Promptly after receipt by an indemnified party
under Section 7 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be
made against the indemnifying party under this Section 7, notify
the indemnifying party in writing of the commencement thereof;
but the omission so to notify the indemnifying party will not
relieve it from any liability which it may have to any
indemnified party otherwise than under this Section 7. In case
any such action is brought against any indemnified party, and it
notifies the indemnifying party of the commencement thereof, the
indemnifying party will be entitled to participate therein, and
to the extent that it may elect by written notice delivered to
the indemnified party promptly after receiving the aforesaid
notice from such indemnified party, to assume the defense
thereof, with counsel satisfactory to such indemnified party;
provided, however, that if the defendants in any such action
include both the indemnified party and the indemnifying party and
20
<PAGE>
the indemnified party shall have reasonably concluded that there
may be legal defenses available to it and/or other indemnified
parties which are different from or additional to those available
to the indemnifying party, the indemnified party or parties shall
have the right to select separate counsel to assert such legal
defenses and to otherwise participate in the defense of such
action on behalf of such indemnified party or parties. Upon
receipt of notice from the indemnifying party to such indemnified
party of its election so to assume the defense of such action and
approval by the indemnified party of counsel, the indemnifying
party will not be liable to such indemnified party under this
Section 7 for any legal or other expenses subsequently incurred
by such indemnified party in connection with the defense thereof
unless (i) the indemnified party shall have employed separate
counsel in connection with the assertion of legal defenses in
accordance with the proviso to the next preceding sentence (it
being understood, however, that the indemnifying party shall not
be liable for the expenses of more than one separate counsel
approved by the indemnified party in the case of subparagraph (a)
or (b), representing the indemnified parties under subparagraph
(a) or (b), who are parties to such action), (ii) the
indemnifying party shall not have employed counsel satisfactory
to the indemnified party to represent the indemnified party
within a reasonable time after notice of commencement of the
action or (iii) the indemnifying party has authorized the
employment of counsel for the indemnified party at the expense of
the indemnifying party; and except that, if clause (i) or (iii)
is applicable, such liability shall be only in respect of the
counsel referred to in such clause (i) or (iii).
(d) If the indemnification provided for in paragraph
(a) or (b) of this Section 7 is due in accordance with its terms
but is for any reason held by a court to be unavailable from the
Company or the Underwriter, on grounds of policy or otherwise, or
if the indemnified party failed to give notice under paragraph
(c) of this Section 7 in respect of a claim otherwise subject to
indemnification in accordance with paragraph (a) or (b) of this
Section 7, the Company and the Underwriter shall contribute to
the aggregate losses, claims, damages and liabilities (including
legal and other expenses reasonably incurred in connection with
investigating or defending same) to which the Company and the
Underwriter may be subject, as follows:
(i) in the case of any losses, claims, damages and
liabilities (or actions in respect thereof) which do not
arise out of or are not based upon any untrue statement or
omission of a material fact in any Computational Materials
or ABS Term Sheets (or any amendments or supplements
thereof), in such proportion so that the Underwriter is
responsible for that portion represented by the difference
between the proceeds to the Company in respect of the
Offered Certificates appearing on the cover page of the
21
<PAGE>
Prospectus Supplement for the related Series and the total
proceeds received by the Underwriter from the sale of such
Offered Certificates (the "Underwriting Discount"), and the
Company is responsible for the balance; provided, however,
that in no case shall the Underwriter be responsible under
this subparagraph (i) for any amount in excess of such
Underwriting Discount applicable to the Offered Certificates
purchased by the Underwriter pursuant to this Agreement and
the related Terms Agreement; and
(ii) in the case of any losses, claims, damages and
liabilities (or actions in respect thereof) which arise out
of or are based upon any untrue statement or omission of a
material fact in any Computational Materials or ABS Term
Sheets (or any amendments or supplements thereof) or in any
written or electronic materials on which the Computational
Materials are based, in such proportion as is appropriate to
reflect the relative fault of the Company on the one hand
and the Underwriter on the other in connection with the
statements or omissions which resulted in such losses,
claims, damages or liabilities (or actions in respect
thereof) as well as any other relevant equitable
considerations. The relative fault shall be determined by
reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission
or alleged omission to state a material fact in such
Computational Materials or ABS Term Sheets (or any
amendments or supplements thereof or such written or
electronic materials) results from information prepared by
the Company on the one hand or the Underwriter on the other
and the parties' relative intent, knowledge, access to
information and opportunity to correct or prevent such
statement or omission.
Notwithstanding anything to the contrary in this Section 7(d), no
person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Act) shall be entitled to contribution
from any person who was not guilty of such fraudulent
misrepresentation. For purposes of this Section 7, each person
who controls the Underwriter within the meaning of either the Act
or the Exchange Act shall have the same rights to contribution as
the Underwriter, and each person who controls the Company within
the meaning of either the Act or the Exchange Act, each officer
of the Company who shall have signed the Registration Statement
and each director of the Company shall have the same rights to
contribution as the Company, subject in each case to the
immediately preceding sentence of this paragraph (d).
8. Computational Materials and Structural Term
Sheets. (a) Not later than 10:30 a.m., New York time, on the
business day before the date on which the Current Report relating
to the Offered Certificates of a Series is required to be filed
22
<PAGE>
by the Company with the Commission pursuant to Section 5(b)
hereof, the Underwriter shall deliver to the Company five
complete copies of all materials provided by the Underwriter to
prospective investors in such Offered Certificates which
constitute (i) "Computational Materials" within the meaning of
the no-action letter dated May 20, 1994 issued by the Division of
Corporation Finance of the Commission to Kidder, Peabody
Acceptance Corporation I, Kidder, Peabody & Co. Incorporated, and
Kidder Structured Asset Corporation and the no-action letter
dated May 27, 1994 issued by the Division of Corporation Finance
of the Commission to the Public Securities Association (together,
the "Kidder Letters"), the filing of which material is a
condition of the relief granted in such letter (such materials
being the "Computational Materials"), and (ii) "Structural Term
Sheets" within the meaning of the no-action letter dated February
17, 1995 issued by the Division of Corporation Finance of the
Commission to the Public Securities Association (the "PSA
Letter"), the filing of which material is a condition of the
relief granted in such letter (such materials being the
"Structural Term Sheets"). Each delivery of Computational
Materials and Structural Term Sheets to the Company pursuant to
this paragraph (a) shall be effected by delivering four copies of
such materials to counsel for the Company on behalf of the
Company at the address specified in Section 3 hereof and one copy
of such materials to the Company.
(b) The Underwriter represents and warrants to and
agrees with the Company, as of the date of the related Terms
Agreement and as of the Closing Date, that:
(i) the Computational Materials furnished to the
Company pursuant to Section 8(a) constitute (either in
original, aggregated or consolidated form) all of the
materials furnished to prospective investors by the
Underwriter prior to the time of delivery thereof to
the Company that are required to be filed with the
Commission with respect to the related Offered
Certificates in accordance with the Kidder Letters, and
such Computational Materials comply with the
requirements of the Kidder Letters;
(ii) the Structural Term Sheets furnished to the
Company pursuant to Section 8(a) constitute all of the
materials furnished to prospective investors by the
Underwriter prior to the time of delivery thereof to
the Company that are required to be filed with the
Commission as "Structural Term Sheets" with respect to
the related Offered Certificates in accordance with the
PSA Letter, and such Structural Term Sheets comply with
the requirements of the PSA Letter;
(iii) on the date any such Computational Materials
23
<PAGE>
or Structural Term Sheets with respect to such Offered
Certificates (or any written or electronic materials
furnished to prospective investors on which the
Computational Materials are based) were last furnished
to each prospective investor and on the date of
delivery thereof to the Company pursuant to Section
8(a) and on the related Closing Date, such
Computational Materials (or such other materials) or
Structural Term Sheets did not and will not include any
untrue statement of a material fact or, when read in
conjunction with the related Prospectus and Prospectus
Supplement, omit to state a material fact required to
be stated therein or necessary to make the statements
therein not misleading;
(iv) the Underwriter has not represented to any
prospective investor that any Computational Materials
or Structural Term Sheets with respect to any Series
were prepared or disseminated on behalf of the Company,
and, except as otherwise disclosed by the Underwriter
to the Company in writing prior to the date hereof, all
Computational Materials and Structural Term Sheets
furnished to prospective investors (and all written and
electronic materials furnished to prospective investors
on which the Computational Materials are based)
included a disclaimer to the effect set forth in
Section 8(d); and
(v) at the time any Computational Materials (or any
written or electronic materials furnished to
prospective investors on which the Computational
Materials are based) with respect to such Offered
Certificates were furnished to a prospective investor
and on the date of the related Terms Agreement, the
Underwriter possessed, and on the date of delivery of
such materials to the Company pursuant to this Section
8 and on the related Closing Date, the Underwriter will
possess, the capability, knowledge, expertise,
resources and systems of internal control necessary to
ensure that such Computational Materials conform to the
representations and warranties of the Underwriter
contained in subparagraphs (i) and (iii) above of this
paragraph (b).
Notwithstanding the foregoing, the Underwriter makes no
representation or warranty as to whether any Computational
Materials or Structural Term Sheets (or any written or electronic
materials on which the Computational Materials are based)
included or will include any untrue statement resulting directly
from any Mortgage Pool Error (except any Corrected Mortgage Pool
Error, with respect to materials prepared after the receipt by
the Underwriter from the Company of notice of such Corrected
24
<PAGE>
Mortgage Pool Error or materials superseding or correcting such
Corrected Mortgage Pool Error).
(c) The Underwriter shall cause a firm of public
accountants to furnish to the Company a letter, dated as of the
date on which the Underwriter delivers any Computational
Materials (which term shall be deemed to include, for purposes of
this paragraph (c), calculated statistical information delivered
to prospective investors in the form of a Structural Term Sheet)
to the Company pursuant to Section 8(a), in form and substance
satisfactory to the Company, stating in effect that they have
verified the mathematical accuracy of any calculations performed
by the Underwriter and set forth in such Computational Materials.
(d) The Underwriter acknowledges and agrees that the
Company has not authorized and will not authorize the
distribution of any Computational Materials (or any written or
electronic materials on which the Computational Materials are
based) or Structural Term Sheets to any prospective investor, and
agrees that any Computational Materials or Structural Term Sheets
with respect to any Series of Certificates furnished to
prospective investors from and after the date hereof shall
include a disclaimer in form satisfactory to the Company to the
effect that such materials have been prepared and disseminated
solely by and on behalf of the Underwriter, and that the Company
has not reviewed or participated in the preparation or
dissemination of such materials and is not responsible for the
contents or accuracy thereof. The Underwriter agrees that it will
not represent to prospective investors that any Computational
Materials or Structural Term Sheets were prepared or disseminated
on behalf of the Company.
(e) If, at any time when a prospectus relating to the
Offered Certificates of a Series is required to be delivered
under the Act, it shall be necessary to amend or supplement the
related Prospectus as a result of an untrue statement of a
material fact contained in any Computational Materials or
Structural Term Sheets provided by the Underwriter pursuant to
this Section 8 or the omission to state therein a material fact
required, when considered in conjunction with the related
Prospectus and Prospectus Supplement, to be stated therein or
necessary to make the statements therein, when read in
conjunction with the related Prospectus and Prospectus
Supplement, not misleading, or if it shall be necessary to amend
or supplement any Current Report relating to any Computational
Materials or Structural Term Sheets to comply with the Act or the
rules thereunder, the Underwriter promptly will prepare and
furnish to the Company for filing with the Commission an
amendment or supplement which will correct such statement or
omission or an amendment which will effect such compliance. The
Underwriter represents and warrants to the Company, as of the
date of delivery of such amendment or supplement to the Company,
25
<PAGE>
that such amendment or supplement will not include any untrue
statement of a material fact or, when read in conjunction with
the related Prospectus and Prospectus Supplement, omit to state a
material fact required to be stated therein or necessary to make
the statements therein not misleading. The Company shall have no
obligation to file such amendment or supplement if the Company
determines that (i) such amendment or supplement contains any
untrue statement of a material fact or, when read in conjunction
with the related Prospectus and Prospectus Supplement, omits to
state a material fact required to be stated therein or necessary
to make the statements therein not misleading; it being
understood, however, that the Company shall have no obligation to
review or pass upon the accuracy or adequacy of, or to correct,
any such amendment or supplement provided by the Underwriter to
the Company pursuant to this paragraph (e) or (ii) such filing is
not required under the Act.
9. Collateral Term Sheets. (a) Prior to the delivery of
any "Collateral Term Sheet" within the meaning of the PSA Letter,
the filing of which material is a condition of the relief granted
in such letter (such material being the "Collateral Term
Sheets"), to a prospective investor in any Offered Certificates,
the Underwriter shall, in order to facilitate the timely filing
of such material with the Commission, notify the Company and its
counsel by telephone of its intention to deliver such materials
and the approximate date on which the first such delivery of such
materials is expected to occur. Not later than 10:30 a.m., New
York time, on the business day immediately following the date on
which any Collateral Term Sheet was first delivered to a
prospective investor in such Offered Certificates, the
Underwriter shall deliver to the Company five complete copies of
all materials provided by the Underwriter to prospective
investors in such Offered Certificates which constitute
"Collateral Term Sheets." Each delivery of a Collateral Term
Sheet to the Company pursuant to this paragraph (a) shall be
effected by delivering four copies of such materials to counsel
for the Company on behalf of the Company at the address specified
in Section 3 hereof and one copy of such materials to the
Company. (Collateral Term Sheets and Structural Term Sheets are,
together, referred to herein as "ABS Term Sheets.") At the time
of each such delivery, the Underwriter shall indicate in writing
that the materials being delivered constitute Collateral Term
Sheets, and, if there has been any prior such delivery with
respect to the related Series, shall indicate whether such
materials differ in any material respect from any Collateral Term
Sheets previously delivered to the Company with respect to such
Series pursuant to this Section 9(a) as a result of the
occurrence of a material change in the characteristics of the
related Mortgage Loans.
(b) The Underwriter represents and warrants to and
agrees with the Company as of the date of the related Terms
26
<PAGE>
Agreement and as of the Closing Date, that:
(i) The Collateral Term Sheets furnished to
the Company pursuant to Section 9(a) constitute all of the
materials furnished to prospective investors by the
Underwriter prior to time of delivery thereof to the Company
that are required to be filed with the Commission as
"Collateral Term Sheets" with respect to the related Offered
Certificates in accordance with the PSA Letter, and such
Collateral Term Sheets comply with the requirements of the
PSA Letter;
(ii) On the date any such Collateral Term
Sheets with respect to such Offered Certificates were last
furnished to each prospective investor and on the date of
delivery thereof to the Company pursuant to Section 9(a) and
on the related Closing Date, such Collateral Term Sheets did
not and will not include any untrue statement of a material
fact or, when read in conjunction with the Prospectus and
Prospectus Supplement, omit to state a material fact
required to be stated therein or necessary to make the
statements therein not misleading; and
(iii) the Underwriter has not represented to
any prospective investor that any Collateral Term Sheets
with respect to any Series were prepared or disseminated on
behalf of the Company, and, except as otherwise disclosed by
the Underwriter to the Company in writing prior to the date
hereof, all Collateral Term Sheets previously furnished to
prospective investors included a disclaimer to the effect
set forth in Section 8(d).
Notwithstanding the foregoing, the Underwriter makes no
representation or warranty as to whether any Collateral Term
Sheet included or will include any untrue statement or material
omission resulting directly from any Mortgage Pool Error (except
any Corrected Mortgage Pool Error, with respect to materials
prepared after the receipt by the Underwriter from the Company of
notice of such Corrected Mortgage Pool Error or materials
superseding or correcting such Corrected Mortgage Pool Error).
(c) The Underwriter acknowledges and agrees that any
Collateral Term Sheets with respect to any Series of Certificates
furnished to prospective investors from and after the date hereof
shall include a disclaimer in form satisfactory to the Company to
the effect set forth in Section 8(d) hereof, and to the effect
that the information contained in such materials supersedes the
information contained in any prior Collateral Term Sheet with
respect to such Series of Offered Certificates and will be
superseded by the description of the related Mortgage Loans in
the related Prospectus Supplement and in the Detailed Description
relating to such Prospectus Supplement to be filed under cover of
27
<PAGE>
Form 8-K. The Underwriter agrees that it will not represent to
prosective investors that any Collateral Term Sheets were
prepared or disseminated on behalf of the Company.
(d) If, at any time when a prospectus relating to the
Offered Certificates of a Series is required to be delivered
under the Act, it shall be necessary to amend or supplement the
related Prospectus as a result of an untrue statement of a
material fact contained in any Collateral Term Sheets provided by
the Underwriter pursuant to this Section 9 or the omission to
state therein a material fact required, when considered in
conjunction with the related Prospectus and Prospectus
Supplement, to be stated therein or necessary to make the
statements therein, when read in conjunction with the related
Prospectus and Prospectus Supplement, not misleading, or if it
shall be necessary to amend or supplement any Current Report
relating to any Collateral Term Sheets to comply with the Act or
the rules thereunder, the Underwriter promptly will prepare and
furnish to the Company for filing with the Commission an
amendment or supplement which will correct such statement or
omission or an amendment which will effect such compliance. The
Underwriter represents and warrants to the Company, as of the
date of delivery of such amendment or supplement to the Company,
that such amendment or supplement will not include any untrue
statement of a material fact or, when read in conjunction with
the related Prospectus and Prospectus Supplement, omit to state a
material fact required to be stated therein or necessary to make
the statements therein not misleading. The Company shall have no
obligation to file such amendment or supplement if the Company
determines that (i) such amendment or supplement contains any
untrue statement of a material fact or, when read in conjunction
with the related Prospectus and Prospectus Supplement, omits to
state a material fact required to be stated therein or necessary
to make the statements therein not misleading; it being
understood, however, that the Company shall have no obligation to
review or pass upon the accuracy or adequacy of, or to correct,
any such amendment or supplement provided by the Underwriter to
the Company pursuant to this paragraph (d) or (ii) such filing is
not required under the Act.
10. Termination. This Agreement (with respect to a
particular Certificate Offering) and the related Terms Agreement
shall be subject to termination in the absolute discretion of the
Underwriter, by notice given to the Company prior to delivery of
and payment for the related Offered Certificates, if prior to the
related Closing Date (i) trading in securities generally on the
New York Stock Exchange shall have been suspended or materially
limited, (ii) a general moratorium on commercial banking
activities in New York shall have been declared by either federal
or New York State authorities, or (iii) there shall have occurred
any outbreak or material escalation of hostilities or other
calamity or crisis the effect of which on the financial markets
28
<PAGE>
of the United States is such as to make it, in the reasonable
judgment of the Underwriter, impracticable to market such Offered
Certificates.
11. Representations and Indemnities to Survive
Delivery. The agreements, representations, warranties,
indemnities and other statements of the Company or its officers
and of the Underwriter set forth in or made pursuant to this
Agreement and the related Terms Agreement will remain in full
force and effect, regardless of any investigation made by or on
behalf of the Underwriter or the Company or any of the officers,
directors or controlling persons referred to in Section 7 hereof,
and will survive delivery of and payment for the related Offered
Certificates. The provisions of Section 7 hereof shall survive
the termination or cancellation of this Agreement and the related
Terms Agreement.
12. Successors. This Agreement and the related Terms
Agreement will inure to the benefit of and be binding upon the
parties hereto and thereto and their respective successors and
the officers, directors and controlling persons referred to in
Section 7 hereof, and their successors and assigns, and no other
person will have any right or obligation hereunder or thereunder.
No purchaser of any Offered Certificate from the Underwriter
shall be deemed a successor or assign by reason of such purchase.
13. APPLICABLE LAW. THIS AGREEMENT AND THE RELATED
TERMS AGREEMENT WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS
MADE AND TO BE PERFORMED THEREIN.
14. Miscellaneous. This Agreement, as supplemented by
the related Terms Agreement, supersedes all prior and
contemporaneous agreements and understandings relating to the
subject matter hereof. This Agreement and the related Terms
Agreement or any term of each may not be changed, waived,
discharged or terminated except by an affirmative written
agreement made by the party against whom enforcement of the
change, waiver, discharge or termination is sought. The headings
in this Agreement and the related Terms Agreement are for
purposes of reference only and shall not limit or otherwise
affect the meaning hereof or thereof.
15. Notices. All communications hereunder will be in
writing and effective only on receipt, and, if sent to the
Underwriter, will be delivered to it at the address first above
written; or if sent to the Company, will be delivered to GE
Capital Mortgage Services, Inc., Three Executive Campus, Post
Office Box 5260, Cherry Hill, New Jersey 08002, Attention:
General Counsel.
If the foregoing is in accordance with your
29
<PAGE>
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Company and the Underwriter.
Very truly yours,
GE CAPITAL MORTGAGE SERVICES, INC.
By: ____________________________
Name:
Title:
The foregoing Agreement is hereby confirmed and accepted as of
the date first above written.
PAINEWEBBER INCORPORATED
By: _____________________________
Name:
Title:
30
<PAGE>
EXHIBIT A
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES ____-__
TERMS AGREEMENT
(to Underwriting Agreement,
dated April 24, 1995
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus [Date]
Cherry Hill, NJ 08034
PaineWebber Incorporated (the "Underwriter") agrees,
subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to
purchase such Classes of Series ____-__ Certificates specified in
Section 2(a) hereof (the "Offered Certificates"). This letter
supplements and modifies the Underwriting Agreement solely as it
relates to the purchase and sale of the Offered Certificates
described below. The Series ____-__ Certificates are registered
with the Securities and Exchange Commission by means of an
effective Registration Statement (No. 33-___). Capitalized terms
used and not defined herein have the meanings given them in the
Underwriting Agreement.
Section 1. The Mortgage Pool: The Series ____-__
Certificates shall evidence the entire beneficial ownership
interest in a mortgage pool (the "Mortgage Pool") of
conventional, fixed rate, fully amortizing one- to four-family
residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of ________ __, ____ (the "Cut-off
Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $[
] aggregate principal balance as of the Cutoff Date, subject
to [an upward or downward variance of up to [ ]%, the
precise aggregate principal balance to be determined by the
Company][a permitted variance such that the aggregate
Scheduled Principal Balance thereof will be not less than $[
] or greater than $[ ]].
(b) Original Terms to Maturity: The original term to
maturity of each Mortgage Loan included in the Mortgage Pool
shall be between ___ and ___ years.
A - 1
<PAGE>
Section 2. The Certificates: The Offered
Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued
with the following Class designations, interest rates and
principal balances, subject in the aggregate to the variance
referred to in Section 1(a)[and, as to any particular Class,
to an upward or downward variance of up to [ ]%]:
Class Principal Interest Class Purchase
Balance Rate Price Percentage
(b) The Offered Certificates shall have such other
characteristics as described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each
Class of the Offered Certificates shall be the Class Purchase
Price Percentage therefor (as set forth in Section 2(a) above) of
the initial Class Certificates Principal Balance thereof plus
accrued interest at the rate of [ ]% per annum from and including
the Cut-off Date up to, but not including, _________ __, ____
(the "Closing Date").
Section 4. Required Ratings: The Offered
Certificates shall have received Required Ratings of at least
[ ] from [ ].
Section 5. Tax Treatment: [One or more elections
will be made to treat the assets of the Trust Fund as a REMIC.]
[The Trust Fund will be treated as a "grantor trust" for federal
income tax purposes.]
[Section 6. Additional Expenses:]*
- --------------
* to be inserted if applicable.
A - 2
<PAGE>
If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
PAINEWEBBER INCORPORATED
By: ____________________________
Name:
Title:
The foregoing Agreement is hereby confirmed and accepted as of
the date first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By: ____________________________
Name:
Title:
A - 3
Execution
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES 1998-13
TERMS AGREEMENT
---------------
(to Underwriting Agreement,
dated April 24, 1995,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus August 24, 1998
Cherry Hill, NJ 08002
PaineWebber Incorporated (the "Underwriter") agrees,
subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to
purchase the Classes of Series 1998-13 Certificates specified in
Section 2(a) hereof (the "Offered Certificates"). This Terms
Agreement supplements and modifies the Underwriting Agreement
solely as it relates to the purchase and sale of the Offered
Certificates described below. The Series 1998-13 Certificates are
registered with the Securities and Exchange Commission by means
of an effective Registration Statement (No. 333-51151).
Capitalized terms used and not defined herein have the meanings
given them in the Underwriting Agreement.
Section 1. The Mortgage Pool: The Series 1998-13
Certificates shall evidence the entire beneficial ownership
interest in a mortgage pool (the "Mortgage Pool") of
conventional, fixed-rate, first-lien, fully-amortizing, one- to
four-family residential mortgage loans (the "Mortgage Loans")
having the following characteristics as of August 1, 1998 (the
"Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool:
$901,613,269.65 aggregate principal balance as of the Cut-off
Date, subject to a permitted variance such that the aggregate
original Certificate Principal Balance will be not less than
$855,000,000 or greater than $945,000,000.
(b) Original Terms to Maturity: The original term to
maturity of substantially all of the Mortgage Loans included in
the Mortgage Pool shall be between 20 and 30 years.
Section 2. The Certificates: The Offered Certificates
shall be issued as follows:
<PAGE>
(a) Classes: The Offered Certificates shall be issued
with the following Class designations, interest rates and
principal balances, subject in the aggregate to the variance
referred to in Section 1(a):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
----- ------- ---- ----------
Class A1 $51,008,000 6.75% 99.514340%
Class A2 29,552,000 6.75% 99.514340%
Class A3 110,000,000 6.75% 99.514340%
Class A4 100,000,000 6.75% 99.514340%
Class A5 21,901,000 6.75% 99.514340%
Class A6 40,997,000 6.25% 99.514340%
Class A7 20,000,000 6.25% 99.514340%
Class A8 30,000,000 6.25% 99.514340%
Class A9 32,615,223 6.25% 99.514340%
Class A10 35,317,777 (2) 99.514340%
Class A11 (1) (2) 99.514340%
Class A12 64,958,597 (2) 99.514340%
Class A13 16,841,118 (2) 99.514340%
Class A14 57,922,000 6.75% 99.514340%
Class A15 75,604,991 (2) 99.514340%
Class A16 11,513,000 (2) 99.514340%
Class A17 4,715,570 (2) 99.514340%
Class A18 3,372,724 (2) 99.514340%
Class A19 19,134,000 6.75% 99.514340%
Class A20 36,642,750 (2) 99.514340%
Class A21 12,214,250 (2) 99.514340%
Class A22 27,794,118 (2) 99.514340%
Class A23 7,205,882 (2) 99.514340%
Class A24 38,395,000 6.75% 99.514340%
Class A25 12,453,750 (2) 99.514340%
Class A26 4,151,250 (2) 99.514340%
Class R 100 6.75% 99.514340%
Class RL 100 6.75% 99.514340%
Class M 16,680,000 6.75% 99.735270%
Class B1 7,213,000 6.75% 99.024720%
Class B2 4,057,000 6.75% 96.731920%
- ----------------------
(1) The Class A11 Certificates are issued with an approximate
initial Notional Principal Balance of $35,317,777.
(2) Interest will accrue on the Class A10, Class A11, Class A12,
Class A13, Class A15, Class A16, Class A17, Class A18, Class A20,
Class A21, Class A22, Class A23, Class A25 and Class A26
Certificates at the respective rates described in the Prospectus.
2
<PAGE>
(b) The Offered Certificates shall have such other
characteristics as described in the related Prospectus.
Section 3. Purchase Price: The Purchase Price for each
Class of the Offered Certificates shall be the Class Purchase
Price Percentage therefor (as set forth in Section 2(a) above) of
the initial Class Certificate Principal Balance thereof plus
accrued interest at the initial interest rate per annum from and
including the Cut-off Date up to, but not including, August 27,
1998 (the "Closing Date").
Section 4. Required Ratings: The Offered Certificates,
other than the Class A11, Class A13, Class A16, Class A17, Class
A18, Class A21, Class A23, Class A26, Class M, Class B1 and Class
B2 Certificates, shall have received Required Ratings of at least
"AAA" from Fitch IBCA, Inc. ("Fitch") and Standard & Poor's
Rating Services, a division of The McGraw-Hill Companies, Inc.
("S&P"), respectively. The Class A11, Class A13, Class A16, Class
A17, Class A18, Class A21, Class A23 and Class A26 Certificates
shall have received Required Ratings of at least "AAA" by Fitch
and "AAAr" by S&P. The Class M, Class B1 and Class B2
Certificates shall have received Required Ratings of at least
"AA," "A" and "BBB," respectively, by Fitch.
Section 5. Tax Treatment: One or more elections will be
made to treat the assets of the Trust Fund as a REMIC.
Section 6. Additional Expenses: The Underwriter will
pay all expenses (e.g., shipping, postage and courier costs)
associated with the delivery of the Prospectus to prospective
investors and investors, other than the costs of delivery to the
Underwriter's facilities, provided, that if courier services
(other than overnight delivery services utilized in the ordinary
course of business) are required to ensure that the Prospectus is
delivered to investors on the day immediately preceding the
Closing Date, the Company will pay such courier expenses.
3
<PAGE>
If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
PAINEWEBBER INCORPORATED
By:/s/ Hugh Corcoran
-----------------------------
Name: Hugh Corcoran
Title: Senior Vice President
The foregoing Agreement
is hereby confirmed and
accepted as of the date
hereof.
GE CAPITAL MORTGAGE SERVICES, INC.
By: -----------------------------
Name:
Title:
EXECUTION
=================================================================
GE CAPITAL MORTGAGE SERVICES, INC.,
Seller and Servicer
and
STATE STREET BANK AND TRUST COMPANY,
Trustee
-------------
POOLING AND SERVICING AGREEMENT
Dated as of August 1, 1998
-------------
REMIC Multi-Class Pass-Through Certificates,
Series 1998-13
=================================================================
<PAGE>
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
Section 1.01. Definitions......................................1
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE
OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans....................35
Section 2.02. Acceptance by Trustee...........................38
Section 2.03. Representations and Warranties of the
Company; Mortgage Loan Repurchase...............39
Section 2.04. Execution of Certificates.......................45
Section 2.05. The REMICs......................................45
Section 2.06. Designations under the REMIC Provisions.........48
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer......................49
Section 3.02. Collection of Certain Mortgage Loan
Payments; Mortgage Loan Payment Record;
Certificate Account.............................53
Section 3.03. Collection of Taxes, Assessments and
Other Items.....................................55
Section 3.04. Permitted Debits to the Mortgage Loan
Payment Record..................................56
Section 3.05. Maintenance of the Primary Insurance Policies...57
Section 3.06. Maintenance of Hazard Insurance.................57
Section 3.07. Assumption and Modification Agreements..........58
Section 3.08. Realization Upon Defaulted Mortgage Loans.......59
Section 3.09. Trustee to Cooperate; Release of Mortgage
Files...........................................62
Section 3.10. Servicing Compensation; Payment of Certain
Expenses by the Company.........................62
Section 3.11. Reports to the Trustee; Certificate Account
Statements......................................63
Section 3.12. Annual Statement as to Compliance...............63
Section 3.13. Annual Independent Public Accountants'
Servicing Report................................63
Section 3.14. Access to Certain Documentation and
Information Regarding the Mortgage Loans........64
Section 3.15. Maintenance of Certain Servicing Policies.......64
Section 3.16. Optional Purchase of Defaulted Mortgage Loans...64
<PAGE>
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions...................................64
Section 4.02. Method of Distribution..........................69
Section 4.03. Allocation of Losses............................70
Section 4.04. Monthly Advances; Purchases of Defaulted
Mortgage Loans..................................72
Section 4.05. Statements to Certificateholders................73
Section 4.06. Servicer's Certificate..........................75
Section 4.07. Reports of Foreclosures and Abandonments
of Mortgaged Property...........................75
Section 4.08. Reduction of Base Servicing Fees by
Compensating Interest Payments..................75
Section 4.09. Surety Bond.....................................75
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates................................76
Section 5.02. Registration of Transfer and Exchange of
Certificates....................................80
Section 5.03. Mutilated, Destroyed, Lost or Stolen
Certificates....................................85
Section 5.04. Persons Deemed Owners...........................85
Section 5.05. Access to List of Certificateholders' Names
and Addresses...................................86
Section 5.06. Representation of Certain Certificateholders....86
Section 5.07. Determination of COFI...........................86
Section 5.08. Determination of LIBOR..........................87
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company........................88
Section 6.02. Merger or Consolidation of, or Assumption
of the Obligations of, the Company..............88
Section 6.03. Assignment......................................88
Section 6.04. Limitation on Liability of the Company
and Others......................................89
Section 6.05. The Company Not to Resign.......................89
ARTICLE VII
DEFAULT
Section 7.01. Events of Default...............................90
Section 7.02. Trustee to Act; Appointment of Successor........91
Section 7.03. Notification to Certificateholders..............92
ii
<PAGE>
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee...............................92
Section 8.02. Certain Matters Affecting the Trustee...........93
Section 8.03. Trustee Not Liable for Certificates or
Mortgage Loans..................................94
Section 8.04. Trustee May Own Certificates....................95
Section 8.05. The Company to Pay Trustee's Fees and
Expenses........................................95
Section 8.06. Eligibility Requirements for Trustee............95
Section 8.07. Resignation or Removal of Trustee...............95
Section 8.08. Successor Trustee...............................96
Section 8.09. Merger or Consolidation of Trustee..............96
Section 8.10. Appointment of Co-Trustee or Separate Trustee...97
Section 8.11. Compliance with REMIC Provisions; Tax Returns...98
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company
or Liquidation of All Mortgage Loans............98
Section 9.02. Additional Termination Requirements.............99
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment......................................100
Section 10.02. Recordation of Agreement.......................101
Section 10.03. Limitation on Rights of Certificateholders.....101
Section 10.04. Governing Law..................................102
Section 10.05. Notices........................................102
Section 10.06. Notices to the Rating Agencies.................103
Section 10.07. Severability of Provisions.....................103
Section 10.08. Certificates Nonassessable and Fully Paid......103
iii
<PAGE>
Exhibits
- --------
EXHIBIT A Forms of Certificates
EXHIBIT B Principal Balance Schedules
EXHIBIT C Mortgage Loans (including list of Cooperative Loans)
EXHIBIT D Form of Servicer's Certificate
EXHIBIT E Form of Transfer Certificate as to ERISA Matters for
Definitive ERISA-Restricted Certificates
EXHIBIT F Form of Residual Certificate Transferee Affidavit
EXHIBIT G Form of Residual Certificate Transferor Letter
EXHIBIT H Additional Servicer Compensation
EXHIBIT I Form of Investment Letter for Definitive Restricted
Certificates
EXHIBIT J Form of Distribution Date Statement
EXHIBIT K Form of Special Servicing and Collateral Fund
Agreement
EXHIBIT L Form of Lost Note Affidavit and Agreement
EXHIBIT M Schedule of Designated Loans
EXHIBIT N Schedule of Pledged Asset Mortgage Loans
EXHIBIT O Senior Principal Priorities
iv
<PAGE>
THIS POOLING AND SERVICING AGREEMENT, dated as of
August 1, 1998, between GE CAPITAL MORTGAGE SERVICES, INC., a
corporation organized and existing under the laws of the State of
New Jersey, and STATE STREET BANK AND TRUST COMPANY, a
Massachusetts banking corporation, as Trustee.
W I T N E S S E T H T H A T :
In consideration of the mutual agreements herein
contained, GE Capital Mortgage Services, Inc. and State Street
Bank and Trust Company agree as follows:
ARTICLE I
DEFINITIONS
Section 1.01. Definitions. Whenever used in this Agreement,
the following words and phrases, unless the context otherwise
requires, shall have the following meanings:
Accretion Directed Certificate: Any Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17 or Class
A18 Certificate.
Accretion Directed Component: None.
Accretion Termination Date: As to the Accrual
Certificates, the earlier of (i) the Cross-Over Date; and
(ii) the Distribution Date on which the Class Certificate
Principal Balance of each Class of Accretion Directed
Certificates has been reduced to zero.
Accrual Amount: As to any Class of Accrual
Certificates and any Accrual Component and each
Distribution Date through the related Accretion Termination
Date, the sum of (x) any amount of Accrued Certificate
Interest allocable to such Class or Component pursuant to
Section 4.01(a)(i) on such Distribution Date and (y) any
amount of Unpaid Class Interest Shortfall allocable to such
Class or Component pursuant to Section 4.01(a)(ii) on such
Distribution Date, to the extent that such amounts are
distributed to any Accretion Directed Certificates and any
Accretion Directed Components pursuant to Section 4.01(e).
As to any Class of Accrual Certificates and any Accrual
Component and each Distribution Date after the related
Accretion Termination Date, zero.
Accrual Certificates: Any Class A19 Certificate.
Accrual Component: None.
Accrued Certificate Interest: As to any Distribution
Date and any Class of Certificates (other than any Class of
Principal Only Certificates and any Class of Certificates
consisting of Specified Components), interest accrued
during the related Interest Accrual Period at the
applicable Certificate Interest Rate on the Class
Certificate Principal Balance (or, in the case of any Class
of Notional Certificates, on the aggregate Notional
Principal Balance) thereof immediately prior to such
Distribution Date,
<PAGE>
calculated on the basis of a 360-day year consisting of
twelve 30-day months. As to any Distribution Date and any
Specified Component (other than any Principal Only
Component), interest accrued during the related Interest
Accrual Period at the applicable Component Interest Rate on
the Component Principal Balance (or Notional Component
Principal Balance) thereof immediately prior to such
Distribution Date, calculated on the basis of a 360-day
year consisting of twelve 30-day months. As to any
Distribution Date and any Class of Certificates consisting
of Specified Components, the aggregate of Accrued
Certificate Interest on such Specified Components for such
Distribution Date.
Accrued Certificate Interest on each Class of
Certificates (other than any Class of Principal Only
Certificates and any Class of Certificates consisting of
Specified Components) and any Specified Component (other
than any Principal Only Component) shall be reduced by such
Class's or Specified Component's share of the amount of any
Net Interest Shortfall and Certificate Interest Losses for
such Distribution Date. Any Net Interest Shortfall and
Certificate Interest Losses shall be allocated among (x)
the Classes of Certificates (other than any Class of
Principal Only Certificates and any Class of Certificates
consisting of Specified Components) and (y) the Specified
Components (other than any Principal Only Component) of any
Component Certificate in proportion to the respective
amounts of Accrued Certificate Interest that would have
resulted absent such shortfall or losses.
Additional Collateral: With respect to any Mortgage
100SM Loan, the marketable securities held from time to
time as security for the repayment of such Mortgage 100SM
Loan and any related collateral. With respect to any Parent
PowerSM Loan, the third-party guarantee for such Parent
PowerSM Loan, together with (i) any marketable securities
held from time to time as security for the performance of
such guarantee and any related collateral or (ii) any
mortgaged property securing the performance of such
guarantee, the related home equity line of credit loan and
any related collateral.
Aggregate TAC Segment Balance: As to any Distribution
Date and any Class of Aggregate TAC Segment Certificates,
the balance designated as such for such Distribution Date
and such Class as set forth in the Principal Balance
Schedules.
Aggregate TAC Segment Certificates: The Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17 and
Class A18 Certificates.
Agreement: This Pooling and Servicing Agreement and
all amendments hereof and supplements hereto.
Allocable Share: (a) As to any Distribution Date and
amounts distributable pursuant to clauses (i) and (iii) of
the definition of Junior Optimal Principal Amount, and as
to each Class of Junior Certificates, the fraction,
expressed as a percentage, the numerator of which is the
Class Certificate Principal Balance of such Class and the
denominator of which is the aggregate Class Certificate
Principal Balance of the Junior Certificates.
2
<PAGE>
(b) As to any Distribution Date and amounts
distributable pursuant to clauses (ii), (iv) and (v) of the
definition of Junior Optimal Principal Amount, and as to
the Class M Certificates and each Class of Class B
Certificates for which the related Prepayment Distribution
Trigger has been satisfied on such Distribution Date, the
fraction, expressed as a percentage, the numerator of which
is the Class Certificate Principal Balance of such Class
and the denominator of which is the aggregate Class
Certificate Principal Balance of all such Classes. As to
any Distribution Date and each Class of Class B
Certificates for which the related Prepayment Distribution
Trigger has not been satisfied on such Distribution Date,
0%.
Amortization Payment: As to any REO Mortgage Loan and
any month, the payment of principal and accrued interest
due in such month in accordance with the terms of the
related Mortgage Note as contemplated by Section 3.08(b).
Amount Held for Future Distribution: As to each
Distribution Date, the total of all amounts credited to the
Mortgage Loan Payment Record as of the preceding
Determination Date on account of (i) Principal Prepayments,
Insurance Proceeds and Liquidation Proceeds received
subsequent to the preceding Prepayment Period applicable to
such receipts, and (ii) monthly payments of principal and
interest due subsequent to the preceding Due Date.
Anniversary Determination Date: The Determination Date
occurring in September of each year that the Certificates
are outstanding, commencing in September 1999.
Assignment of Proprietary Lease: With respect to a
Cooperative Loan, the assignment of the related Proprietary
Lease from the Mortgagor to the originator of the
Cooperative Loan.
Assumed Monthly Payment Reduction: As of any
Anniversary Determination Date and as to any Non-Primary
Residence Loan remaining in the Mortgage Pool whose
original principal balance was 80% or greater of the
Original Value thereof, the excess of (i) the Monthly
Payment thereof calculated on the assumption that the
Mortgage Rate thereon was equal to the weighted average (by
principal balance) of the Remittance Rates of all
Outstanding Mortgage Loans (the "Weighted Average Rate") as
of such Anniversary Determination Date over (ii) the
Monthly Payment thereof calculated on the assumption that
the Remittance Rate thereon was equal to the Weighted
Average Rate less 1.25% per annum.
Available Funds: As to each Distribution Date, an
amount equal to the sum of (i) all amounts credited to the
Mortgage Loan Payment Record pursuant to Section 3.02 as of
the preceding Determination Date, (ii) any Monthly Advance
and any Compensating Interest Payment for such Distribution
Date, (iii) the Purchase Price of any Defective Mortgage
Loans and Defaulted Mortgage Loans deposited in the
Certificate Account on the Business Day preceding such
Distribution Date (including any amounts deposited in the
Certificate Account in connection with any substitution of
a Mortgage Loan as specified in Section 2.03(b)), and (iv)
the purchase price of any defaulted Mortgage Loan
3
<PAGE>
purchased under an agreement entered into pursuant to
Section 3.08(e) as of the end of the preceding Prepayment
Period less the sum of (x) the Amount Held for Future
Distribution, (y) the amount of any Unanticipated Recovery
credited to the Mortgage Loan Payment Record pursuant to
clause (vi) of Section 3.02, and (z) amounts permitted to
be debited from the Mortgage Loan Payment Record pursuant
to clauses (i) through (vii) and (ix) of Section 3.04.
Bankruptcy Coverage Termination Date: The Distribution
Date upon which the Bankruptcy Loss Amount has been reduced
to zero or a negative number (or the Cross-Over Date, if
earlier).
Bankruptcy Loss Amount: As of any Determination Date
prior to the first Anniversary Determination Date, the
Bankruptcy Loss Amount shall equal $319,370, as reduced by
the aggregate amount of Deficient Valuations and Debt
Service Reductions since the Cut-off Date. As of any
Determination Date after the first Anniversary
Determination Date, other than an Anniversary Determination
Date, the Bankruptcy Loss Amount shall equal the Bankruptcy
Loss Amount on the immediately preceding Anniversary
Determination Date as reduced by the aggregate amount of
Deficient Valuations and Debt Service Reductions since such
preceding Anniversary Determination Date. As of any
Anniversary Determination Date, the Bankruptcy Loss Amount
shall equal the lesser of (x) the Bankruptcy Loss Amount as
of the preceding Determination Date as reduced by any
Deficient Valuations and Debt Service Reductions for the
preceding Distribution Date, and (y) the greater of (i) the
Fitch Formula Amount for such Anniversary Determination
Date and (ii) the Formula Amount for such Anniversary
Determination Date.
The Bankruptcy Loss Amount may be further reduced by
the Company (including accelerating the manner in which
such coverage is reduced) provided that prior to any such
reduction, the Company shall obtain written confirmation
from each Rating Agency that such reduction shall not
adversely affect the then-current rating assigned to the
related Classes of Certificates by such Rating Agency and
shall provide a copy of such written confirmation to the
Trustee.
Base Servicing Fee: As to any Mortgage Loan and
Distribution Date, an amount equal to the product of (i)
the Scheduled Principal Balance of such Mortgage Loan as of
the Due Date in the preceding calendar month and (ii) the
Base Servicing Fee Rate for such Mortgage Loan. The Base
Servicing Fee for any Distribution Date is subject to
adjustment pursuant to Section 3.08(d) (with respect to a
Realized Loss) or the definition of Interest Loss (with
respect to the interest portion of a Debt Service
Reduction).
Base Servicing Fee Rate: As to any Mortgage Loan, the
per annum rate identified as such for such Mortgage Loan
and set forth in the Mortgage Loan Schedule.
BBA: The British Bankers' Association.
BIF: The Bank Insurance Fund of the FDIC, or its
successor in interest.
4
<PAGE>
Book-Entry Certificate: Any Certificate registered in
the name of the Depository or its nominee, ownership of
which is reflected on the books of the Depository or on the
books of a person maintaining an account with such
Depository (directly or as an indirect participant in
accordance with the rules of such Depository). As of the
Closing Date, each Class of Certificates, other than the
Class B3, Class B4, Class B5, Class R, Class RL and Class
PO Certificates, constitutes a Class of Book-Entry
Certificates.
Book-Entry Nominee: As defined in Section 5.02(b).
Business Day: Any day other than a Saturday or a
Sunday, or a day on which banking institutions in New York
City or the city in which the Corporate Trust Office is
located are authorized or obligated by law or executive
order to be closed.
Buydown Funds: Funds contributed by the Mortgagor or
another source in order to reduce the interest payments
required from the Mortgagor for a specified period in
specified amounts.
Buydown Mortgage Loan: Any Mortgage Loan as to which
the Mortgagor pays less than the full monthly payment
specified in the Mortgage Note during the Buydown Period
and the difference between the amount paid by the Mortgagor
and the amount specified in the Mortgage Note is paid from
the related Buydown Funds.
Buydown Period: The period during which Buydown Funds
are required to be applied to the related Buydown Mortgage
Loan.
Certificate: Any one of the certificates signed and
countersigned by the Trustee in substantially the forms
attached hereto as Exhibit A.
Certificate Account: The trust account or accounts
created and maintained with the Trustee pursuant to Section
3.02 and which must be an Eligible Account.
Certificate Interest Loss: (i) On or prior to the
Cross-Over Date, any Interest Loss in respect of an Excess
Loss and (ii) after the Cross-Over Date, any Interest Loss,
in each case to the extent such Interest Loss is allocable
to the Certificates in accordance with Section 3.08(d)
(with respect to a Realized Loss) or the definition of
Interest Loss (with respect to the interest portion of a
Debt Service Reduction).
Certificate Interest Rate: With respect to any Class
of Certificates, other than the LIBOR Certificates, and as
of any Distribution Date, the per annum fixed rate
specified in Section 5.01(b). With respect to each Class of
LIBOR Certificates, the per annum variable rate at any time
at which interest accrues on the Certificates of such
Class, as determined pursuant to Section 5.01(e).
Certificate Owner: With respect to any Book-Entry
Certificate, the person who is the beneficial owner
thereof.
Certificate Principal Balance: As to any Certificate
other than a Notional Certificate, and as of any
Distribution Date, the Initial Certificate Principal
Balance of
5
<PAGE>
such Certificate (plus, in the case of any Accrual
Certificate, its Percentage Interest of any related Accrual
Amount for each previous Distribution Date) less the sum of
(i) all amounts distributed with respect to such
Certificate in reduction of the Certificate Principal
Balance thereof on previous Distribution Dates pursuant to
Section 4.01, (ii) any Realized Losses allocated to such
Certificate on previous Distribution Dates pursuant to
Section 4.03(b) and (c), and (iii) in the case of a
Subordinate Certificate, such Certificate's Percentage
Interest of the Subordinate Certificate Writedown Amount
allocated to such Certificate on previous Distribution
Dates. The Notional Certificates are issued without
Certificate Principal Balances.
Certificate Register and Certificate Registrar: The
register maintained and the registrar appointed pursuant to
Section 5.02.
Certificateholder or Holder: The person in whose name
a Certificate is registered in the Certificate Register,
except that, solely for the purposes of giving any consent
pursuant to this Agreement, a Certificate of any Class to
the extent that the Company or any affiliate is the
Certificate Owner or Holder thereof (except to the extent
the Company or any affiliate thereof shall be the
Certificate Owner or Holder of all Certificates of such
Class), shall be deemed not to be outstanding and the
Percentage Interest (or Voting Rights) evidenced thereby
shall not be taken into account in determining whether the
requisite amount of Percentage Interests (or Voting Rights)
necessary to effect any such consent has been obtained;
provided, however, that in determining whether the Trustee
shall be protected in relying on such consent only the
Certificates that the Trustee knows to be so held shall be
so disregarded.
Class: All Certificates bearing the same class
designation or any Lower Tier Interest.
Class B Certificate: Any Class B1, Class B2, Class B3,
Class B4 or Class B5 Certificate.
Class Certificate Principal Balance: As to any Class
of Certificates, other than any Class of Notional
Certificates, and as of any date of determination, the
aggregate of the Certificate Principal Balances of all
Certificates of such Class. The Class Certificate Principal
Balance of each such Class of Certificates as of the
Closing Date is specified in Section 5.01(b).
Class Interest Shortfall: As to any Distribution Date
and any Class of Certificates (other than any Class of
Principal Only Certificates or any Class consisting of
Specified Components) or any Specified Component, any
amount by which the amount distributed to Holders of such
Class of Certificates or in respect of such Specified
Component (or added to the Class Certificate Principal
Balance of any Class of Accrual Certificates or to the
Component Principal Balance of any Accrual Component
constituting a Specified Component) on such Distribution
Date is less than the Accrued Certificate Interest thereon
or in respect thereof for such Distribution Date. As to any
Distribution Date and any Class of Certificates consisting
of Specified Components, the sum of the Class Interest
Shortfalls for such Components on such date.
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Class PO Deferred Amount: As to any Distribution Date
on or prior to the Cross-Over Date, the aggregate of the
applicable PO Percentage of the principal portion of each
Realized Loss, other than any Excess Loss, to be allocated
to the Class PO Certificates on such Distribution Date or
previously allocated to the Class PO Certificates and not
yet paid to the Holders of the Class PO Certificates
pursuant to Section 4.01(a)(iv).
Closing Date: August 27, 1998.
Code: The Internal Revenue Code of 1986, as it may be
amended from time to time, any successor statutes thereto,
and applicable U.S. Department of the Treasury temporary or
final regulations promulgated thereunder.
COFI: The monthly weighted average cost of funds for
savings institutions the home offices of which are located
in Arizona, California, or Nevada that are member
institutions of the Eleventh Federal Home Loan Bank
District, as computed from statistics tabulated and
published by the Federal Home Loan Bank of San Francisco in
its monthly Information Bulletin.
COFI Certificates: None.
COFI Determination Date: As to each Interest Accrual
Period for any COFI Certificates, the last Business Day of
the calendar month preceding the commencement of such
Interest Accrual Period.
Company: GE Capital Mortgage Services, Inc., a
corporation organized and existing under the laws of the
State of New Jersey, or its successor in interest or, if
any successor servicer is appointed as herein provided,
then such successor servicer.
Compensating Interest Payment: With respect to any
Distribution Date, an amount equal to the aggregate of the
Interest Shortfalls described in clauses (a) and (b) of the
definition thereof with respect to such Distribution Date;
provided, however, that such amount shall not exceed the
lesser of (i) an amount equal to the product of (x) the
Pool Scheduled Principal Balance with respect to such
Distribution Date and (y) one-twelfth of 0.125%, and (ii)
the aggregate of the Base Servicing Fees that the Company
would be entitled to retain on such Distribution Date (less
any portion thereof paid as servicing compensation to any
Primary Servicer) without giving effect to any Compensating
Interest Payment.
Component: Any of the components of a Class of
Component Certificates having the designations and the
initial Component Principal Balances as follows:
Initial Component
Designation Principal Balance
----------- -----------------
N/A N/A
Component Certificate: None.
Component Interest Rate: None.
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Component Principal Balance: As of any Distribution
Date, and with respect to any Component, other than any
Notional Component, the initial Component Principal Balance
thereof (as set forth, as applicable, in the definition of
Component) (plus, in the case of any Accrual Component, any
related Accrual Amount for each previous Distribution Date)
less the sum of (x) all amounts distributed in reduction
thereof on previous Distribution Dates pursuant to Section
4.01 and (y) the amount of all Realized Losses allocated
thereto pursuant to Section 4.03(d).
Confirmatory Mortgage Note: With respect to any
Mortgage Loan, a note or other evidence of indebtedness
executed by the Mortgagor confirming its obligation under
the note or other evidence of indebtedness previously
executed by the Mortgagor upon the origination of the
related Mortgage Loan.
Cooperative: A private, cooperative housing
corporation organized in accordance with applicable state
laws which owns or leases land and all or part of a
building or buildings located in the relevant state,
including apartments, spaces used for commercial purposes
and common areas therein and whose board of directors
authorizes, among other things, the sale of Cooperative
Stock.
Cooperative Apartment: A dwelling unit in a
multi-dwelling building owned or leased by a Cooperative,
which unit the Mortgagor has an exclusive right to occupy
pursuant to the terms of one or more Proprietary Leases.
Cooperative Loans: Any of the Mortgage Loans made in
respect of a Cooperative Apartment, evidenced by a Mortgage
Note and secured by (i) a Security Agreement, (ii) the
related Cooperative Stock Certificate(s), (iii) an
assignment of the Proprietary Lease(s), (iv) financing
statements and (v) a stock power (or other similar
instrument), and in addition thereto, a recognition
agreement between the Cooperative and the originator of the
Cooperative Loan, each of which was transferred and
assigned to the Trustee pursuant to Section 2.01 and are
from time to time held as part of the Trust Fund. The
Mortgage Loans identified in Exhibit C hereto are
Cooperative Loans.
Cooperative Stock: With respect to a Cooperative Loan,
the single outstanding class of stock, partnership interest
or other ownership instrument in the related Cooperative.
Cooperative Stock Certificate: With respect to a
Cooperative Loan, the stock certificate(s) or other
instrument evidencing the related Cooperative Stock.
Corporate Trust Office: The principal office of the
Trustee at which at any particular time its corporate trust
business shall be administered, which office at the date of
the execution of this instrument is located at Two
International Place, Boston, Massachusetts 02110,
Attention: Corporate Trust Department.
Corresponding Class: With respect to any Class of
Lower Tier Interests, the Class or Classes of Certificates,
and with respect to any Class of Certificates, the Class or
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Classes of Lower Tier Interests, appearing opposite such
Class of Lower Tier Interests or Certificates in the table
included in Section 2.05(a).
Corresponding Component: With respect to any Class of
Lower Tier Interests, the Component or Components of a
Class of Certificates, and with respect to any Component or
Components of a Class of Certificates, the Class or Classes
of Lower Tier Interests, appearing opposite such Class of
Lower Tier Interests or Components in the table included in
Section 2.05(a).
Cross-Over Date: The first Distribution Date on which
the aggregate Class Certificate Principal Balance of the
Junior Certificates has been reduced to zero (giving effect
to all distributions on such Distribution Date).
Cut-off Date: August 1, 1998.
Debt Service Reduction: As to any Mortgage Loan and
any Determination Date, the excess of (a) the then current
Monthly Payment for such Mortgage Loan over (b) the amount
of the monthly payment of principal and interest required
to be paid by the Mortgagor as established by a court of
competent jurisdiction as a result of a proceeding
initiated by or against the related Mortgagor under the
Bankruptcy Code, as amended from time to time (11 U.S.C.).
Defaulted Mortgage Loan: With respect to any
Determination Date, a Mortgage Loan as to which the related
Mortgagor has failed to make unexcused payment in full of a
total of three or more consecutive installments of
principal and interest, and as to which such delinquent
installments have not been paid, as of the close of
business on the last Business Day of the month next
preceding the month of such Determination Date.
Defective Mortgage Loan: Any Mortgage Loan which is
required to be purchased by the Company (or which the
Company may replace with a substitute Mortgage Loan)
pursuant to Section 2.02 or 2.03(a).
Deficient Valuation: As to any Mortgage Loan and any
Determination Date, the excess of (a) the then outstanding
indebtedness under such Mortgage Loan over (b) the
valuation by a court of competent jurisdiction of the
related Mortgaged Property as a result of a proceeding
initiated by or against the related Mortgagor under the
Bankruptcy Code, as amended from time to time (11 U.S.C.),
pursuant to which such Mortgagor retained such Mortgaged
Property.
Definitive Certificate: Any Certificate, other than a
Book-Entry Certificate, issued in definitive, fully
registered form.
Definitive Restricted Junior Certificate: Any
Restricted Junior Certificate that is in the form of a
Definitive Certificate.
Depository: The initial Depository shall be The
Depository Trust Company, the nominee of which is CEDE &
Co. The Depository shall at all times be a "clearing
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<PAGE>
corporation" as defined in Section 8-102(3) of the Uniform
Commercial Code of the State of New York, as amended, or
any successor provisions thereto.
Depository Participant: A broker, dealer, bank or
other financial institution or other Person for which, from
time to time, the Depository effects book-entry transfers
and pledges of securities deposited with such Depository.
Designated Loan Closing Documents: With respect to any
Designated Loan, a Lost Note Affidavit substantially in the
form of Exhibit L, and an assignment of the related
Mortgage to the Trustee in recordable form (except for the
omission therein of recording information concerning such
Mortgage).
Designated Loans: None.
Designated Telerate Page: The Dow Jones Telerate
Service page 3750 (or such other page as may replace page
3750 on that service or such other service as may be
nominated by the BBA for the purpose of displaying the
Interest Settlement Rates).
Determination Date: With respect to any Distribution
Date, the fifth Business Day prior thereto.
Discount Mortgage Loan: Any Mortgage Loan with a Net
Mortgage Rate less than 6.75% per annum.
Disqualified Organization: Any of the following: (i)
the United States, any State or political subdivision
thereof, or any agency or instrumentality of any of the
foregoing (including but not limited to state pension
organizations); (ii) a foreign government, International
Organization or any agency or instrumentality of either of
the foregoing; (iii) an organization (except certain
farmers' cooperatives described in Code section 521) which
is exempt from tax imposed by Chapter 1 of the Code
(including the tax imposed by section 511 of the Code on
unrelated business taxable income); and (iv) a rural
electric and telephone cooperative described in Code
section 1381(a)(2)(C). The terms "United States," "State"
and "International Organization" shall have the meanings
set forth in Code section 7701 or successor provisions. A
corporation will not be treated as an instrumentality of
the United States or of any State or political subdivision
thereof for these purposes if all of its activities are
subject to tax and a majority of its board of directors is
not selected by such governmental unit.
Distribution Date: The 25th day of each calendar month
after the month of initial issuance of the Certificates,
or, if such 25th day is not a Business Day, the next
succeeding Business Day.
Distribution Date Statement: The statement referred to
in Section 4.05(a).
Document File: As defined in Section 2.01.
Due Date: The first day of the month of the related
Distribution Date.
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Eligible Account: An account that is either (i)
maintained with a depository institution the debt
obligations of which have been rated by each Rating Agency
in one of its two highest long-term rating categories and
has been assigned by S&P its highest short-term rating,
(ii) an account or accounts the deposits in which are fully
insured by either the BIF or the SAIF, (iii) an account or
accounts, in a depository institution in which such
accounts are insured by the BIF or the SAIF (to the limits
established by the FDIC), the uninsured deposits in which
accounts are either invested in Permitted Investments or
are otherwise secured to the extent required by the Rating
Agencies such that, as evidenced by an Opinion of Counsel
delivered to the Trustee, the Certificateholders have a
claim with respect to the funds in such account or a
perfected first security interest against any collateral
(which shall be limited to Permitted Investments) securing
such funds that is superior to claims of any other
depositors or creditors of the depository institution with
which such account is maintained, (iv) a trust account
maintained with the corporate trust department of a federal
or state chartered depository institution or of a trust
company with trust powers and acting in its fiduciary
capacity for the benefit of the Trustee hereunder or (v)
such account as will not cause either Rating Agency to
downgrade or withdraw its then-current rating assigned to
the Certificates, as evidenced in writing by the Rating
Agencies.
ERISA: The Employee Retirement Income Security Act of
1974, as amended.
ERISA-Restricted Certificate: Any Junior Certificate.
Event of Default: An event described in Section 7.01.
Excess Bankruptcy Loss: Any Deficient Valuation or
Debt Service Reduction, or portion thereof, (i) occurring
after the Bankruptcy Coverage Termination Date or (ii) if
on such date, in excess of the then-applicable Bankruptcy
Loss Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof,
(i) occurring after the Fraud Coverage Termination Date or
(ii) if on such date, in excess of the then-applicable
Fraud Loss Amount.
Excess Loss: Any Excess Bankruptcy Loss, Excess Fraud
Loss or Excess Special Hazard Loss.
Excess Special Hazard Loss: Any Special Hazard Loss,
or portion thereof, (i) occurring after the Special Hazard
Termination Date or (ii) if on such date, in excess of the
then-applicable Special Hazard Loss Amount.
FDIC: The Federal Deposit Insurance Corporation, or
its successor in interest.
FHLMC: The Federal Home Loan Mortgage Corporation or
its successor in interest.
Financial Intermediary: A broker, dealer, bank or
other financial institution or other Person that clears through
or maintains a custodial relationship with a Depository
Participant.
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<PAGE>
Fitch: Fitch IBCA, Inc. and its successors.
Fitch Formula Amount: As to each Anniversary
Determination Date, the greater of (i) $50,000 and (ii) the
product of (x) the greatest Assumed Monthly Payment
Reduction for any Non-Primary Residence Loan whose original
principal balance was 80% or greater of the Original Value
thereof, (y) the weighted average remaining term to
maturity (expressed in months) of all the Non-Primary
Residence Loans remaining in the Mortgage Pool as of such
Anniversary Determination Date, and (z) the sum of (A) one
plus (B) the number of all remaining Non-Primary Residence
Loans divided by the total number of Outstanding Mortgage
Loans as of such Anniversary Determination Date.
FNMA: The Federal National Mortgage Association or its
successor in interest.
Formula Amount: As to each Anniversary Determination
Date, the greater of (i) $100,000 and (ii) the product of
(x) 0.06% and (y) the Scheduled Principal Balance of each
Mortgage Loan remaining in the Mortgage Pool whose original
principal balance was 75% or greater of the Original Value
thereof.
Fraud Coverage Termination Date: The Distribution Date
upon which the related Fraud Loss Amount has been reduced
to zero or a negative number (or the Cross-Over Date, if
earlier).
Fraud Loss: Any Realized Loss attributable to fraud in
the origination of the related Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after
the Cut-off Date, (x) prior to the first anniversary of the
Cut-off Date, an amount equal to $9,016,133 minus the
aggregate amount of Fraud Losses that would have been
allocated to the Junior Certificates in accordance with
Section 4.03 in the absence of the Loss Allocation
Limitation since the Cut-off Date, and (y) from the first
to the fifth anniversary of the Cut-off Date, an amount
equal to (1) the lesser of (a) the Fraud Loss Amount as of
the most recent anniversary of the Cut-off Date and (b) 1%
(from the first to but excluding the third anniversaries of
the Cut-off Date) or 0.5% (from and including the third to
but excluding the fifth anniversaries of the Cut-off Date)
of the aggregate outstanding principal balance of all of
the Mortgage Loans as of the most recent anniversary of the
Cut-off Date minus (2) the Fraud Losses that would have
been allocated to the Junior Certificates in accordance
with Section 4.03 in the absence of the Loss Allocation
Limitation since the most recent anniversary of the Cut-off
Date. On or after the fifth anniversary of the Cut-off Date
the Fraud Loss Amount shall be zero.
Group I Final Distribution Date: The Distribution Date
on which the aggregate Certificate Principal Balance of the
Group I Senior Certificates is reduced to zero.
Group I Senior Certificate: Any Class A1, Class A2,
Class A3, Class A4, Class A5, Class A6, Class A7, Class A8,
Class A9, Class A10, Class A12, Class A13, Class A14, Class
A15, Class A16, Class A17, Class A18, Class A19, Class A20,
Class A21, Class R or Class RL Certificate.
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<PAGE>
Group II Senior Certificate: Any Class A22, Class A23,
Class A24, Class A25 and Class A26 Certificate.
Group II Senior Percentage: With respect to any
Distribution Date, the percentage (carried to six decimal
places) obtained by dividing (x) the aggregate Certificate
Principal Balance of the Group II Senior Certificates
immediately preceding such Distribution Date, by (y) the
aggregate Certificate Principal Balance of all the
Certificates (other than the Class PO Certificates)
immediately preceding such Distribution Date.
Group II Senior Prepayment Distribution Percentage: 0%
through the Distribution Date in August 2003; 30%
thereafter through the Distribution Date in August 2004;
40% thereafter through the Distribution Date in August
2005; 60% thereafter through the Distribution Date in
August 2006; 80% thereafter through the Distribution Date
in August 2007; and 100% thereafter.
Group II Senior Principal Distribution Amount: With
respect to any Distribution Date, the sum of (a) the total
of the amounts described in clauses (i) and (iii) of the
definition of Senior Optimal Principal Amount (without
application of the Senior Percentage or the Senior
Prepayment Percentage) for such date multiplied by the
Group II Senior Scheduled Distribution Percentage for such
date and (b) the total of the amounts described in clauses
(ii), (iv) and (v) of the definition of Senior Optimal
Principal Amount (without application of the Senior
Prepayment Percentage) for such date multiplied by the
product of (x) the Group II Senior Percentage for such date
and (y) the Group II Senior Prepayment Distribution
Percentage for such date; provided, however, that (i) on
the Group I Final Distribution Date, the Group II Senior
Principal Distribution Amount will be increased by any
portion of the Senior Optimal Principal Amount remaining
after distributions of principal have been made on the
Group I Senior Certificates and (ii) following the Group I
Final Distribution Date, the Group II Senior Principal
Distribution Amount will equal the Senior Optimal Principal
Amount.
Group II Senior Scheduled Distribution Percentage:
With respect to any Distribution Date through the
Distribution Date occurring in August 2003, 0%. For any
Distribution Date occurring after the Distribution Date
occurring in August 2003, the Group II Senior Percentage
for such Distribution Date. Notwithstanding the foregoing,
on any Distribution Date after the Group I Final
Distribution Date, the Group II Senior Scheduled
Distribution Percentage will equal the Senior Percentage.
Initial Certificate Principal Balance: With respect to
any Certificate, other than a Notional Certificate, the
Certificate Principal Balance of such Certificate or any
predecessor Certificate on the Closing Date.
Initial LIBOR Rate: 5.65625%
Insurance Proceeds: Proceeds paid pursuant to the
Primary Insurance Policies, if any, and amounts paid by any
insurer pursuant to any other insurance policy covering a
Mortgage Loan.
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Insured Expenses: Expenses covered by the Primary
Insurance Policies, if any, or any other insurance policy
or policies applicable to the Mortgage Loans.
Interest Accrual Period: With respect to any
Distribution Date and any Class of Certificates (other than
the LIBOR Certificates and any Class of Principal Only
Certificates) or Component, the one-month period ending on
the last day of the month preceding the month in which such
Distribution Date occurs. With respect to any Distribution
Date and the LIBOR Certificates, the one-month period
commencing on the 25th day of the preceding month and
ending on the 24th day of the month in which such
Distribution Date occurs. The Interest Accrual Period for
each Class of Lower Tier Interests shall be the Interest
Accrual Period for such Class of Lower Tier Interest's
Corresponding Class (or Classes).
Interest Loss: (i) With respect to any Realized Loss,
the excess of accrued and unpaid interest due on the
related Mortgage Loan over the amount allocated to interest
thereon in accordance with Section 3.08(d), and (ii) with
respect to any Debt Service Reduction and any calendar
month, the reduction in the amount of interest due on the
related Mortgage Loan during such month as a result of the
relevant bankruptcy proceeding.
The amount of any Interest Loss described in clause
(i) of the preceding paragraph will be allocated among the
Base Servicing Fee, the Supplemental Servicing Fee and the
Certificates in accordance with Section 3.08(d). The amount
of any Interest Loss described in clause (ii) of the
preceding paragraph will be allocated among the Base
Servicing Fee, the Supplemental Servicing Fee and the
Certificates in proportion to the amount of interest that
would have been allocated to the Base Servicing Fee at the
Base Servicing Fee Rate, the Supplemental Servicing Fee at
the Supplemental Servicing Fee Rate and interest at the
Remittance Rate, respectively, in the absence of the Debt
Service Reduction.
Interest Settlement Rate: With respect to any Interest
Accrual Period, the rate (expressed as a percentage per
annum) for one-month U.S. Dollar deposits reported by the
BBA at 11:00 a.m. London time on the related LIBOR
Determination Date and as it appears on the Designated
Telerate Page.
Interest Shortfall: With respect to any Distribution
Date and each Mortgage Loan that during the related
Prepayment Period was the subject of a Voluntary Principal
Prepayment or constitutes a Relief Act Mortgage Loan, an
amount determined as follows:
(A) partial principal prepayments: one month's
interest at the applicable Net Mortgage Rate on the
amount of such prepayment;
(B) principal prepayments in full received on or
after the sixteenth day of the month preceding the
month of such Distribution Date (or, in the case of
the first Distribution Date, on or after the Cut-off
Date) but on or before the last day of the month
preceding the month of such Distribution Date, the
difference between (i) one month's interest at the
applicable Net Mortgage Rate on the
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Scheduled Principal Balance of such Mortgage Loan
immediately prior to such prepayment and (ii) the
amount of interest for the calendar month of such
prepayment (adjusted to the applicable Net Mortgage
Rate) received at the time of such prepayment;
(C) principal prepayments in full received by the
Company (or of which the Company receives notice, in
the case of a Mortgage Loan serviced by a Primary
Servicer) on or after the first day but on or before
the fifteenth day of the month of such Distribution
Date: none; and
(D) Relief Act Mortgage Loans: As to any Relief
Act Mortgage Loan, the excess of (i) 30 days' interest
(or, in the case of a Principal Prepayment in full,
interest to the date of prepayment) on the Scheduled
Principal Balance thereof (or, in the case of a
Principal Prepayment in part, on the amount so
prepaid) at the related Net Mortgage Rate over (ii) 30
days' interest (or, in the case of a Principal
Prepayment in full, interest to the date of
prepayment) on such Scheduled Principal Balance (or,
in the case of a Principal Prepayment in part, on the
amount so prepaid) at the Net Mortgage Rate required
to be paid by the Mortgagor as limited by application
of the Relief Act.
For purposes of the definitions of Net Interest
Shortfall and Supplemental Servicing Fee, the amount of any
Interest Shortfall shall be allocated between the
Certificates and the Supplemental Servicing Fee in
proportion to the amount of interest that would have been
allocated to the Certificates (at the Remittance Rate) and
the Supplemental Servicing Fee (at the Supplemental
Servicing Fee Rate), respectively, in the absence of such
Interest Shortfall.
Junior Certificate: Any Class M or Class B
Certificate.
Junior Optimal Principal Amount: As to any
Distribution Date, an amount equal to the sum of the
following (but in no event greater than the aggregate
Certificate Principal Balance of the Junior Certificates
immediately prior to such Distribution Date):
(i) the Junior Percentage of the applicable Non-PO
Percentage of the principal portion of each Monthly Payment
due on the related Due Date on each Outstanding Mortgage
Loan as of such Due Date as specified in the amortization
schedule at the time applicable thereto (after adjustment
for previous Principal Prepayments and the principal
portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any
adjustment to such amortization schedule by reason of any
bankruptcy (other than as aforesaid) or similar proceeding
or any moratorium or similar waiver or grace period);
(ii) the Junior Prepayment Percentage of the
applicable Non-PO Percentage of all principal prepayments
in part received during the related Prepayment Period, and
100% of any Senior Optimal Principal Amount not distributed
to the Senior Certificates on such Distribution Date,
together with the Junior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal
Balance of each Mortgage
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Loan which was the subject of a Voluntary Principal
Prepayment in full during the related Prepayment Period;
(iii) the excess, if any, of (x) the applicable
Non-PO Percentage of the sum of (A) all Net Liquidation
Proceeds allocable to principal received during the related
Prepayment Period (other than in respect of Mortgage Loans
described in clause (B)) and (B) the principal balance of
each Mortgage Loan that was purchased by an insurer from
the Trustee during the related Prepayment Period pursuant
to the related Primary Insurance Policy, over (y) the
amount distributable pursuant to clause (iii) of the
definition of Senior Optimal Principal Amount on such
Distribution Date;
(iv) the Junior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal
Balance of each Mortgage Loan which was purchased on such
Distribution Date pursuant to Section 2.02, 2.03(a) or
3.16; and
(v) the Junior Prepayment Percentage of the applicable
Non-PO Percentage of the Substitution Amount for any
Mortgage Loan substituted during the month of such
Distribution Date.
For purposes of clause (ii) above, a Voluntary
Principal Prepayment in full with respect to a Mortgage Loan
serviced by a Primary Servicer shall be deemed to have been
received when the Company, as servicer, receives notice thereof.
After the Class Certificate Principal Balances of the
Junior Certificates have been reduced to zero, the Junior Optimal
Principal Amount shall be zero.
Junior Percentage: As to any Distribution Date, the
excess of 100% over the Senior Percentage for such
Distribution Date.
Junior Prepayment Percentage: As to any Distribution
Date, the excess of 100% over the Senior Prepayment
Percentage for such Distribution Date, except that (i)
after the aggregate Certificate Principal Balance of the
Senior Certificates other than the Class PO Certificates
has been reduced to zero, the Junior Prepayment Percentage
shall be 100%, and (ii) after the Cross-Over Date, the
Junior Prepayment Percentage shall be zero.
Latest Possible Maturity Date: August 25, 2030.
LIBOR: With respect to any Interest Accrual Period,
the per annum rate determined, pursuant to Section 5.08, on the
basis of the Interest Settlement Rate or as otherwise provided in
such Section.
LIBOR Certificate: Any Class A10, Class A11, Class
A12, Class A13, Class A15, Class A16, Class A17, Class A18,
Class A20, Class A21, Class A22, Class A23, Class A25 or
Class A26 Certificate.
LIBOR Determination Date: The second London Banking
Day immediately preceding the commencement of each Interest
Accrual Period for any LIBOR Certificates.
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Liquidated Mortgage Loan: Any defaulted Mortgage Loan
as to which the Company has determined that all amounts
which it expects to recover on behalf of the Trust Fund
from or on account of such Mortgage Loan have been
recovered, including any Mortgage Loan with respect to
which the Company determines not to foreclose upon the
related Mortgaged Property based on its belief that such
Mortgaged Property may be contaminated with or affected by
hazardous or toxic wastes, materials or substances.
Liquidation Expenses: Expenses which are incurred by
the Company in connection with the liquidation of any
defaulted Mortgage Loan and not recovered by the Company
under any Primary Insurance Policy for reasons other than
the Company's failure to comply with Section 3.05, such
expenses including, without limitation, legal fees and
expenses, and, regardless of when incurred, any
unreimbursed amount expended by the Company pursuant to
Section 3.03 or Section 3.06 respecting the related
Mortgage Loan and any related and unreimbursed Property
Protection Expenses.
Liquidation Proceeds: Cash (other than Insurance
Proceeds) received in connection with the liquidation of
any defaulted Mortgage Loan whether through judicial
foreclosure or otherwise.
Loan-to-Value Ratio: With respect to each Mortgage
Loan, the original principal amount of such Mortgage Loan,
divided by the Original Value of the related Mortgaged
Property.
London Banking Day: Any day on which banks are open
for dealing in foreign currency and exchange in London,
England.
Loss Allocation Limitation: As defined in Section
4.03(g).
Lower Tier Balance: As to each Class of Lower Tier
Interests and any Distribution Date, the initial Lower Tier
Balance thereof set forth or specified in Section 2.05(a)
(plus, in the case of any Class of Lower Tier Interests as
to which the Corresponding Class is a Class of Accrual
Certificates or includes one or more Accrual Components, an
amount equal to the Accrual Amount for such Corresponding
Class or each such Accrual Component for each previous
Distribution Date) less the sum of (i) the aggregate amount
of principal allocable thereto on previous Distribution
Dates pursuant to Section 2.05(c) and (ii) any Realized
Losses or Subordinate Certificate Writedown Amount
allocated thereto on previous Distribution Dates.
Lower Tier Interest: Any one of the Classes of regular
interests in the Lower Tier REMIC described as such in
Section 2.05(a).
Lower Tier Interest Rate: As to each Lower Tier
Interest, the applicable "Lower Tier Interest Rate," if
any, set forth in Section 2.05(a).
Lower Tier REMIC: One of the two separate REMICs
comprising the Trust Fund, the assets of which consist of
the assets and rights specified in clauses (i) through
(viii) and (x) of the definition of the term Trust Fund.
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MLCC: Merrill Lynch Credit Corporation, or its
successor in interest.
Monthly Advance: With respect to any Distribution
Date, the aggregate of the advances required to be made by
the Company pursuant to Section 4.04(a) (or by the Trustee
pursuant to Section 4.04(b)) on such Distribution Date, the
amount of any such Monthly Advance being equal to (a) the
aggregate of payments of principal and interest (adjusted
to the related Remittance Rate) on the Mortgage Loans that
were due on the related Due Date, without regard to any
arrangements entered into by the Company with the related
Mortgagors pursuant to Section 3.02(a)(ii), and delinquent
as of the close of business on the Business Day next
preceding the related Determination Date, less (b) the
amount of any such payments which the Company or the
Trustee, as applicable, in its reasonable judgment believes
will not be ultimately recoverable by it either out of late
payments by the Mortgagor, Net Liquidation Proceeds,
Insurance Proceeds, REO Proceeds or otherwise. With respect
to any Mortgage Loan, the portion of any such advance or
advances made with respect thereto.
Monthly Payment: The scheduled monthly payment on a
Mortgage Loan for any month allocable to principal or
interest on such Mortgage Loan.
Moody's: Moody's Investors Service, Inc. and its
successors.
Mortgage: The mortgage or deed of trust creating a
first lien on a fee simple interest or leasehold estate in
real property securing a Mortgage Note.
Mortgage 100SM Loan: A Mortgage Loan identified on
Exhibit N hereof that has a Loan-to-Value Ratio at
origination in excess of 80.00% and that is secured by
Additional Collateral and does not have a Primary Insurance
Policy.
Mortgage File: The mortgage documents listed in
Section 2.01 pertaining to a particular Mortgage Loan and
any additional documents required to be added to such
documents pursuant to this Agreement.
Mortgage Loan Payment Record: The record maintained by
the Company pursuant to Section 3.02(b).
Mortgage Loan Schedule: As of any date of
determination, the schedule of Mortgage Loans included in
the Trust Fund. The initial schedule of Mortgage Loans as
of the Cut-off Date is attached hereto as Exhibit C.
Mortgage Loans: As of any date of determination, each
of the mortgage loans identified on the Mortgage Loan
Schedule (as amended pursuant to Section 2.03(b)) delivered
and assigned to the Trustee pursuant to Section 2.01 or
2.03(b), and not theretofore released from the Trust Fund
by the Trustee.
Mortgage Note: With respect to any Mortgage Loan, the
note or other evidence of indebtedness (which may consist
of a Confirmatory Mortgage Note) evidencing the
indebtedness of a Mortgagor under such Mortgage Loan.
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Mortgage Pool: The aggregate of the Mortgage Loans
identified in the Mortgage Loan Schedule.
Mortgage Rate: The per annum rate of interest borne by
a Mortgage Loan as set forth in the related Mortgage Note.
Mortgaged Property: The underlying real property
securing the Mortgage Loan, or with respect to a
Cooperative Loan, the related Proprietary Lease and
Cooperative Stock.
Mortgagor: With respect to any Mortgage Loan, each
obligor on the related Mortgage Note.
Net Interest Shortfall: With respect to any
Distribution Date, the excess, if any, of the aggregate
Interest Shortfalls allocable to the Certificates (as
determined in accordance with the definition of Interest
Shortfall) for such Distribution Date over any Compensating
Interest Payment for such date.
Net Liquidation Proceeds: As to any Liquidated
Mortgage Loan, the sum of (i) any Liquidation Proceeds
therefor less the related Liquidation Expenses, and (ii)
any Insurance Proceeds therefor, other than any such
Insurance Proceeds applied to the restoration of the
related Mortgaged Property.
Net Mortgage Rate: With respect to any Mortgage Loan,
the related Mortgage Rate less the applicable Base
Servicing Fee Rate.
Non-Book-Entry Certificate: Any Certificate other than
a Book-Entry Certificate.
Non-Credit Loss: Any Fraud Loss, Special Hazard Loss
or Deficient Valuation.
Non-Discount Mortgage Loan: Any Mortgage Loan with a
Net Mortgage Rate greater than or equal to 6.75% per annum.
Non-permitted Foreign Holder: As defined in Section
5.02(b).
Non-PO Percentage: As to any Discount Mortgage Loan, a
fraction (expressed as a percentage), the numerator of
which is the Net Mortgage Rate of such Discount Mortgage
Loan and the denominator of which is 6.75%. As to any
Non-Discount Mortgage Loan, 100%.
Non-Primary Residence Loan: Any Mortgage Loan secured
by a Mortgaged Property that is (on the basis of
representations made by the Mortgagors at origination) a
second home or investor-owned property.
Nonrecoverable Advance: All or any portion of any
Monthly Advance or Monthly Advances previously made by the
Company (or the Trustee) which, in the reasonable judgment
of the Company (or, as applicable, the Trustee) will not be
ultimately recoverable from related Net Liquidation
Proceeds, Insurance Proceeds, REO
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Proceeds or otherwise. The determination by the Company
that it has made a Nonrecoverable Advance or that any
advance, if made, would constitute a Nonrecoverable
Advance, shall be evidenced by an Officer's Certificate of
the Company delivered to the Trustee and detailing the
reasons for such determination.
Non-U.S. Person: As defined in Section 4.02(c).
Notional Certificate: Any Class A11 Certificate.
Notional Component: None.
Notional Component Balance: None.
Notional Principal Balance: As to any Distribution
Date and the Class A11 Certificates, the Class Certificate
Principal Balance of the Class A10 Certificates for such
Distribution Date. As to any Distribution Date and any
Notional Certificate, such Notional Certificate's
Percentage Interest of the aggregate Notional Principal
Balance of the Notional Certificates of the same Class for
such Distribution Date.
Officer's Certificate: A certificate signed by the
President, a Senior Vice President or a Vice President of
the Company and delivered to the Trustee.
Opinion of Counsel: A written opinion of counsel, who
may be counsel for the Company; provided, however, that any
Opinion of Counsel with respect to the interpretation or
application of the REMIC Provisions or the status of an
account as an Eligible Account shall be the opinion of
independent counsel satisfactory to the Trustee.
Original Subordinate Principal Balance: As set forth
in the definition of Senior Prepayment Percentage.
Original Value: The value of the property underlying a
Mortgage Loan based, in the case of the purchase of the
underlying Mortgaged Property, on the lower of an appraisal
satisfactory to the Company or the sales price of such
property or, in the case of a refinancing, on an appraisal
satisfactory to the Company.
Outstanding Mortgage Loan: With respect to any Due
Date, a Mortgage Loan which, prior to such Due Date, was
not the subject of a Principal Prepayment in full, did not
become a Liquidated Mortgage Loan and was not purchased
pursuant to Section 2.02, 2.03(a) or 3.16 or replaced
pursuant to Section 2.03(b).
Outstanding Non-Discount Mortgage Loan: Any
Outstanding Mortgage Loan that is a Non-Discount Mortgage
Loan.
PAC Balance: As to any Distribution Date and any Class
of PAC Certificates and any PAC Component, the balance
designated as such for such Distribution Date and such
Class or Component as set forth in the Principal Balance
Schedules.
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PAC Certificate: Any Class A6, Class A7, Class A8,
Class A9, Class A10 or Class A14 Certificate.
PAC Component: None.
Parent PowerSM Loan: A Mortgage Loan identified on
Exhibit N hereto that has a Loan-to-Value Ratio at
origination in excess of 80.00%, that is supported by
Additional Collateral and does not have a Primary Insurance
Policy.
Pay-out Rate: With respect to any Class of
Certificates (other than any Class of Principal Only
Certificates) and any Distribution Date, the rate at which
interest is distributed on such Class on such Distribution
Date and which is equal to a fraction (expressed as an
annualized percentage) the numerator of which is the
Accrued Certificate Interest for such Class and
Distribution Date, and the denominator of which is the
Class Certificate Principal Balance (or, in the case of the
Notional Certificates, the Notional Principal Balance) of
such Class immediately prior to such Distribution Date.
Percentage Interest: With respect to any Certificate,
the percentage interest in the undivided beneficial
ownership interest in the Trust Fund evidenced by
Certificates of the same Class as such Certificate. With
respect to any Certificate, the Percentage Interest
evidenced thereby shall equal the Initial Certificate
Principal Balance (or, in the case of a Notional
Certificate, the initial Notional Principal Balance)
thereof divided by the aggregate Initial Certificate
Principal Balance (or, in the case of a Notional
Certificate, the aggregate initial Notional Principal
Balance) of all Certificates of the same Class.
Permitted Investments: One or more of the following;
provided, however, that no such Permitted Investment may
mature later than the Business Day preceding the
Distribution Date after such investment except as otherwise
provided in Section 3.02(e) hereof, provided, further, that
such investments qualify as "cash flow investments" as
defined in section 860G(a)(6) of the Code:
(i) obligations of, or guaranteed as to timely receipt
of principal and interest by, the United States or any
agency or instrumentality thereof when such obligations are
backed by the full faith and credit of the United States;
(ii) repurchase agreements on obligations specified in
clause (i) provided that the unsecured obligations of the
party agreeing to repurchase such obligations are at the
time rated by each Rating Agency in the highest long-term
rating category;
(iii) federal funds, certificates of deposit, time
deposits and banker's acceptances, of any U.S. depository
institution or trust company incorporated under the laws of
the United States or any state provided that the debt
obligations of such depository institution or trust company
at the date of acquisition thereof have been rated by each
Rating Agency in the highest long-term rating category;
(iv) commercial paper of any corporation incorporated
under the laws of the United States or any state thereof
which on the date of acquisition has the highest short term
rating of each Rating Agency; and
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(v) other obligations or securities that are
acceptable to each Rating Agency as a Permitted Investment
hereunder and will not, as evidenced in writing, result in
a reduction or withdrawal in the then current rating of the
Certificates.
Notwithstanding the foregoing, Permitted Investments
shall not include "stripped securities" and investments
which contractually may return less than the purchase price
therefor.
Person: Any legal person, including any individual,
corporation, partnership, limited liability company, joint
venture, association, joint-stock company, trust,
unincorporated organization or government or any agency or
political subdivision thereof.
Plan: Any Person which is an employee benefit plan
subject to ERISA or a plan subject to section 4975 of the
Code.
Pledged Asset Loan-to-Value Ratio: With respect to any
Pledged Asset Mortgage Loan, (i) the original loan amount
less the portion of any required Additional Collateral
which is covered by the Surety Bond, divided by (ii) the
Original Value of the related Mortgaged Property.
Pledged Asset Mortgage Loan: Each Mortgage 100SM Loan
and Parent PowerSM Loan purchased from MLCC that is
supported by Additional Collateral and identified on
Exhibit N hereto.
Pledged Asset Mortgage Servicing Agreement: The
Pledged Asset Mortgage Servicing Agreement, dated as of
July 31, 1997 between MLCC and the Company.
PO Percentage: As to any Discount Mortgage Loan, a
fraction (expressed as a percentage), the numerator of
which is the excess of 6.75% over the Net Mortgage Rate of
such Discount Mortgage Loan and the denominator of which is
6.75%. As to any Non-Discount Mortgage Loan, 0%.
PO Principal Distribution Amount: As to any
Distribution Date, an amount equal to the sum of the
applicable PO Percentage of:
(i) the principal portion of each Monthly Payment
due on the related Due Date on each Outstanding Mortgage
Loan as of such Due Date as specified in the amortization
schedule at the time applicable thereto (after adjustments
for previous Principal Prepayments and the principal
portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any
adjustment to such amortization schedule by reason of any
bankruptcy (except as aforesaid) or similar proceeding or
any moratorium or similar waiver or grace period);
(ii) all principal prepayments in part received during
the related Prepayment Period, together with the Scheduled
Principal Balance (as reduced by any Deficient Valuation
occurring on or prior to the Bankruptcy Coverage
Termination Date) of each
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Mortgage Loan which was the subject of a Voluntary
Principal Prepayment in full during the related Prepayment
Period;
(iii) the sum of (A) all Net Liquidation Proceeds
allocable to principal received in respect of each Mortgage
Loan that became a Liquidated Mortgage Loan during the
related Prepayment Period (other than Mortgage Loans
described in clause (B)) and (B) the principal balance of
each Mortgage Loan purchased by an insurer from the Trustee
pursuant to the related Primary Insurance Policy, in each
case during the related Prepayment Period;
(iv) the Scheduled Principal Balance (as reduced by
any Deficient Valuation occurring on or prior to the
Bankruptcy Coverage Termination Date) of each Mortgage Loan
which was purchased on such Distribution Date pursuant to
Section 2.02, 2.03(a) or 3.16; and
(v) the Substitution Amount for any Mortgage Loan
substituted during the month of such Distribution Date; for
purposes of this clause (v), the definition of
"Substitution Amount" shall be modified to reduce the
Scheduled Principal Balance of the Mortgage Loan that is
substituted for by any Deficient Valuation occurring on or
prior to the Bankruptcy Coverage Termination Date.
For purposes of clause (ii) above, a Voluntary
Principal Prepayment in full with respect to a Mortgage
Loan serviced by a Primary Servicer shall be deemed to have
been received when the Company, as servicer, receives
notice thereof.
Pool Scheduled Principal Balance: With respect to any
Distribution Date, the aggregate Scheduled Principal
Balance of all the Mortgage Loans that were Outstanding
Mortgage Loans on the Due Date in the month next preceding
the month of such Distribution Date (or, in the case of the
first Distribution Date, the Cut-off Date; or, if so
specified, such other date).
Prepayment Assumption: The assumed fixed schedule of
prepayments on a pool of new mortgage loans with such
schedule given as a monthly sequence of prepayment rates,
expressed as annualized percent values. These values start
at 0.2% per year in the first month, increase by 0.2% per
year in each succeeding month until month 30, ending at
6.0% per year. At such time, the rate remains constant at
6.0% per year for the balance of the remaining term.
Multiples of the Prepayment Assumption are calculated from
this prepayment rate series.
Prepayment Assumption Multiple: 275% of the Prepayment
Assumption.
Prepayment Distribution Trigger: As of any
Distribution Date and as to each Class of Class B
Certificates, the related Prepayment Distribution Trigger
is satisfied if (x) the fraction, expressed as a
percentage, the numerator of which is the aggregate Class
Certificate Principal Balance of such Class and each Class
subordinate thereto, if any, on such Distribution Date, and
the denominator of which is the Pool Scheduled Principal
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<PAGE>
Balance for such Distribution Date, equals or exceeds (y)
such percentage calculated as of the Closing Date.
Prepayment Interest Excess: As to any Voluntary
Principal Prepayment in full received from the first day
through the fifteenth day of any calendar month (other than
the calendar month in which the Cut-off Date occurs), all
amounts paid in respect of interest on such Principal
Prepayment. For purposes of determining the amount of
Prepayment Interest Excess for any month, a Voluntary
Principal Prepayment in full with respect to a Mortgage
Loan serviced by a Primary Servicer shall be deemed to have
been received when the Company, as servicer, receives
notice thereof. All Prepayment Interest Excess shall be
retained by the Company, as servicer, as additional
servicing compensation.
Prepayment Period: With respect to any Distribution
Date and any Voluntary Principal Prepayment in part or
other Principal Prepayment other than a Voluntary Principal
Prepayment in full, the calendar month preceding the month
of such Distribution Date; with respect to any Distribution
Date and any Voluntary Principal Prepayment in full, the
period beginning on the sixteenth day of the calendar month
preceding the month of such Distribution Date (or, in the
case of the first Distribution Date, beginning on the
Cut-off Date) and ending on the fifteenth day of the month
in which such Distribution Date occurs.
Primary Insurance Policy: The certificate of private
mortgage insurance relating to a particular Mortgage Loan,
or an electronic screen print setting forth the information
contained in such certificate of private mortgage
insurance, including, without limitation, information
relating to the name of the mortgage insurance carrier, the
certificate number, the loan amount, the property address,
the effective date of coverage, the amount of coverage and
the expiration date of the policy. Each such policy covers
defaults by the Mortgagor, which coverage shall equal the
portion of the unpaid principal balance of the related
Mortgage Loan that exceeds 75% (or such lesser coverage
required or permitted by FNMA or FHLMC) of the Original
Value of the underlying Mortgaged Property.
Primary Servicer: Any servicer with which the Company
has entered into a servicing agreement, as described in
Section 3.01(f).
Principal Balance Schedules: Any principal balance
schedules attached hereto, if applicable, as Exhibit B,
setting forth the PAC Balances of any PAC Certificates and
PAC Components, the TAC Balances of any TAC Certificates
and TAC Components, the Scheduled Balances of any Scheduled
Certificates and Scheduled Components and the Aggregate TAC
Segment Balances of any Aggregate TAC Segment Certificates.
Principal Only Certificate: Any Class PO Certificate.
Principal Only Component: None.
Principal Prepayment: Any payment or other recovery of
principal on a Mortgage Loan (including, for this purpose,
any refinancing permitted by Section 3.01 and any
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REO Proceeds treated as such pursuant to Section 3.08(b))
which is received in advance of its scheduled Due Date and
is not accompanied by an amount of interest representing
scheduled interest for any month subsequent to the month of
prepayment.
Private Placement Memorandum: The private placement
memorandum relating to the Restricted Junior Certificates
dated August 24, 1998.
Prohibited Transaction Exemption: U.S. Department of
Labor Prohibited Transaction Exemption 90-36, 55 Fed. Reg.
25903, June 25, 1990.
Property Protection Expenses: With respect to any
Mortgage Loan, expenses paid or incurred by or for the
account of the Company in accordance with the related
Mortgage for (a) real estate property taxes and property
repair, replacement, protection and preservation expenses
and (b) similar expenses reasonably paid or incurred to
preserve or protect the value of such Mortgage to the
extent the Company is not reimbursed therefor pursuant to
the Primary Insurance Policy, if any, or any other
insurance policy with respect thereto.
Proprietary Lease: With respect to a Cooperative Loan,
the proprietary lease(s) or occupancy agreement with
respect to the Cooperative Apartment occupied by the
Mortgagor and relating to the related Cooperative Stock,
which lease or agreement confers an exclusive right to the
holder of such Cooperative Stock to occupy such apartment.
Purchase Price: With respect to any Mortgage Loan
required or permitted to be purchased hereunder from the
Trust Fund, an amount equal to 100% of the unpaid principal
balance thereof plus interest thereon at the applicable
Mortgage Rate from the date to which interest was last paid
to the first day of the month in which such purchase price
is to be distributed; provided, however, that if the
Company is the servicer hereunder, such purchase price
shall be net of unreimbursed Monthly Advances with respect
to such Mortgage Loan, and the interest component of the
Purchase Price may be computed on the basis of the
Remittance Rate for such Mortgage Loan.
QIB: A "qualified institutional buyer" as defined in
Rule 144A under the Securities Act of 1933, as amended.
Rating Agency: Any statistical credit rating agency,
or its successor, that rated any of the Certificates at the
request of the Company at the time of the initial issuance
of the Certificates. If such agency or a successor is no
longer in existence, "Rating Agency" shall be such
statistical credit rating agency, or other comparable
Person, designated by the Company, notice of which
designation shall be given to the Trustee. References
herein to the two highest long-term rating categories of a
Rating Agency shall mean such ratings without any
modifiers. As of the date of the initial issuance of the
Certificates, the Rating Agencies are Fitch and S&P; except
that for purposes of the Junior Certificates, other than
the Class B5 Certificates, Fitch shall be the sole Rating
Agency. The Class B5 Certificates are issued without
ratings.
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Realized Loss: Any (i) Deficient Valuation or (ii) as
to any Liquidated Mortgage Loan, (x) the unpaid principal
balance of such Liquidated Mortgage Loan plus accrued and
unpaid interest thereon at the Net Mortgage Rate through
the last day of the month of such liquidation less (y) the
related Liquidation Proceeds and Insurance Proceeds (as
reduced by the related Liquidation Expenses).
Record Date: The last Business Day of the month
immediately preceding the month of the related Distribution
Date.
Reference Banks: As defined in Section 5.08.
Relief Act: The Soldiers' and Sailors' Civil Relief
Act of 1940, as amended.
Relief Act Mortgage Loan: Any Mortgage Loan as to
which the Monthly Payment thereof has been reduced due to
the application of the Relief Act.
REMIC: A "real estate mortgage investment conduit"
within the meaning of section 860D of the Code.
REMIC Provisions: Provisions of the federal income tax
law relating to real estate mortgage investment conduits,
which appear at sections 860A through 860G of Part IV of
Subchapter M of Chapter 1 of the Code, and related
provisions, and U.S. Office of the Treasury temporary or
final regulations promulgated thereunder, as the foregoing
may be in effect from time to time, as well as provisions
of applicable state laws.
Remittance Rate: With respect to any Mortgage Loan,
the related Mortgage Rate less the sum of the applicable
Base Servicing Fee Rate and the Supplemental Servicing Fee
Rate.
REO Mortgage Loan: Any Mortgage Loan which is not a
Liquidated Mortgage Loan and as to which the related
Mortgaged Property is held as part of the Trust Fund.
REO Proceeds: Proceeds, net of any related expenses of
the Company, received in respect of any REO Mortgage Loan
(including, without limitation, proceeds from the rental of
the related Mortgaged Property).
Required Surety Payment: With respect to any Pledged
Asset Mortgage Loan that becomes a Liquidated Mortgage
Loan, the lesser of (i) the principal portion of the
Realized Loss with respect to such Mortgage Loan and (ii)
the excess, if any, of (a) the amount of Additional
Collateral required at origination with respect to such
Mortgage Loan which is covered by the Surety Bond over (b)
the net proceeds realized by MLCC from the liquidation of
the related Additional Collateral.
Reserve Fund: None.
Reserve Interest Rate: As defined in Section 5.08.
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<PAGE>
Residual Certificate: Any Class R or Class RL
Certificate.
Responsible Officer: When used with respect to the
Trustee, any officer or assistant officer assigned to and
working in the Corporate Trust Department of the Trustee
and, also, with respect to a particular matter, any other
officer to whom such matter is referred because of such
officer's knowledge of and familiarity with the particular
subject.
Restricted Certificate: Any Restricted Junior
Certificate or Class PO Certificate.
Restricted Junior Certificate: Any Class B3, Class B4
or Class B5 Certificate.
S&P: Standard & Poor's Ratings Services, a division of
The McGraw-Hill Companies, Inc., and its successors.
SAIF: The Savings Association Insurance Fund of the
FDIC, or its successor in interest.
Scheduled Balance: As to any Distribution Date and any
Class of Scheduled Certificates and any Scheduled
Component, the balance designated as such for such
Distribution Date and such Class or Component as set forth
in the Principal Balance Schedules.
Scheduled Certificate: Any Class A16 Certificate.
Scheduled Component: None.
Scheduled Principal Balance: As to any Mortgage Loan
and Distribution Date, the principal balance of such
Mortgage Loan as of the Due Date in the month next
preceding the month of such Distribution Date (or, if so
specified, such other date) as specified in the
amortization schedule at the time relating to such Mortgage
Loan (before any adjustment to such amortization schedule
by reason of any bankruptcy or similar proceeding or any
moratorium or similar waiver or grace period) after giving
effect to any previous Principal Prepayments, Deficient
Valuations incurred subsequent to the Bankruptcy Coverage
Termination Date, adjustments due to the application of the
Relief Act and the payment of principal due on such Due
Date, irrespective of any delinquency in payment by the
related Mortgagor. As to any Mortgage Loan and the Cut-off
Date, the "unpaid balance" thereof specified in the initial
Mortgage Loan Schedule.
Security Agreement: With respect to a Cooperative
Loan, the agreement creating a security interest in favor
of the originator in the related Cooperative Stock and
Proprietary Lease.
Senior Certificate: Any Certificate other than a
Junior Certificate.
Senior Certificate Principal Balance: As of any
Distribution Date, an amount equal to the sum of the
Certificate Principal Balances of the Senior Certificates
(other than any Class PO Certificates).
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Senior Optimal Principal Amount: As to any
Distribution Date, an amount equal to the sum of:
(i) the Senior Percentage of the applicable Non-PO
Percentage of the principal portion of each Monthly Payment
due on the related Due Date on each Outstanding Mortgage
Loan as of such Due Date as specified in the amortization
schedule at the time applicable thereto (after adjustments
for previous Principal Prepayments and the principal
portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any
adjustment to such amortization schedule by reason of any
bankruptcy (except as aforesaid) or similar proceeding or
any moratorium or similar waiver or grace period);
(ii) the Senior Prepayment Percentage of the
applicable Non-PO Percentage of all principal prepayments
in part received during the related Prepayment Period,
together with the Senior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal
Balance of each Mortgage Loan which was the subject of a
Voluntary Principal Prepayment in full during the related
Prepayment Period;
(iii) the lesser of (x) the Senior Percentage of the
applicable Non-PO Percentage of the sum of (A) the
Scheduled Principal Balance of each Mortgage Loan that
became a Liquidated Mortgage Loan (other than Mortgage
Loans described in clause (B)) during the related
Prepayment Period and (B) the Scheduled Principal Balance
of each Mortgage Loan that was purchased by an insurer from
the Trustee during the related Prepayment Period pursuant
to the related Primary Insurance Policy, as reduced in each
case by the Senior Percentage of the applicable Non-PO
Percentage of the principal portion of any Excess Losses
(other than Excess Bankruptcy Losses attributable to Debt
Service Reductions), and (y) the Senior Prepayment
Percentage of the applicable Non-PO Percentage of the sum
of (A) all Net Liquidation Proceeds allocable to principal
received in respect of each such Liquidated Mortgage Loan
(other than Mortgage Loans described in clause (B)) and (B)
the principal balance of each such Mortgage Loan purchased
by an insurer from the Trustee pursuant to the related
Primary Insurance Policy, in each case during the related
Prepayment Period;
(iv) the Senior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal
Balance of each Mortgage Loan which was purchased on such
Distribution Date pursuant to Section 2.02, 2.03(a) or
3.16; and
(v) the Senior Prepayment Percentage of the applicable
Non-PO Percentage of the Substitution Amount for any
Mortgage Loan substituted during the month of such
Distribution Date.
For purposes of clause (ii) above, a Voluntary
Principal Prepayment in full with respect to a Mortgage
Loan serviced by a Primary Servicer shall be deemed to have
been received when the Company, as servicer, receives
notice thereof.
Senior Percentage: As to any Distribution Date, the
lesser of (i) 100% and (ii) the percentage (carried to six
places rounded up) obtained by dividing the Senior
Certificate
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Principal Balance immediately prior to such Distribution
Date by an amount equal to the sum of the Certificate
Principal Balances of all the Certificates other than any
Class PO Certificates immediately prior to such
Distribution Date.
Senior Prepayment Percentage: For any Distribution
Date occurring prior to the fifth anniversary of the first
Distribution Date, 100%. For any Distribution Date
occurring on or after the fifth anniversary of the first
Distribution Date, an amount as follows:
(i) for any Distribution Date subsequent to August
2003 to and including the Distribution Date in August 2004,
the Senior Percentage for such Distribution Date plus 70%
of the Junior Percentage for such Distribution Date;
(ii) for any Distribution Date subsequent to August
2004 to and including the Distribution Date in August 2005,
the Senior Percentage for such Distribution Date plus 60%
of the Junior Percentage for such Distribution Date;
(iii) for any Distribution Date subsequent to August
2005 to and including the Distribution Date in August 2006,
the Senior Percentage for such Distribution Date plus 40%
of the Junior Percentage for such Distribution Date;
(iv) for any Distribution Date subsequent to August
2006 to and including the Distribution Date in August 2007,
the Senior Percentage for such Distribution Date plus 20%
of the Junior Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the Senior
Percentage for such Distribution Date.
Notwithstanding the foregoing, if on any Distribution
Date the Senior Percentage exceeds the Senior Percentage as
of the Closing Date, the Senior Prepayment Percentage for
such Distribution Date will equal 100%.
In addition, notwithstanding the foregoing, no
reduction of the Senior Prepayment Percentage below the
level in effect for the most recent prior period as set
forth in clauses (i) through (iv) above shall be effective
on any Distribution Date unless at least one of the
following two tests is satisfied:
Test I: If, as of the last day of the month preceding
such Distribution Date, (i) the aggregate Scheduled
Principal Balance of Mortgage Loans delinquent 60 days or
more (including for this purpose any Mortgage Loans in
foreclosure and REO Mortgage Loans) as a percentage of the
aggregate Class Certificate Principal Balance of the Junior
Certificates as of such date, does not exceed 50%, and (ii)
cumulative Realized Losses with respect to the Mortgage
Loans do not exceed (a) 30% of the aggregate Class
Certificate Principal Balance of the Junior Certificates as
of the Closing Date (the "Original Subordinate Principal
Balance") if such Distribution Date occurs between and
including September 2003 and August 2004, (b) 35% of the
Original Subordinate Principal Balance if such Distribution
Date occurs between and including September 2004 and August
2005, (c) 40% of the Original Subordinate Principal Balance
if such
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Distribution Date occurs between and including September
2005 and August 2006, (d) 45% of the Original Subordinate
Principal Balance if such Distribution Date occurs between
and including September 2006 and August 2007 and (e) 50% of
the Original Subordinate Principal Balance if such
Distribution Date occurs during or after September 2007; or
Test II: If, as of the last day of the month preceding
such Distribution Date, (i) the aggregate Scheduled
Principal Balance of Mortgage Loans delinquent 60 days or
more (including for this purpose any Mortgage Loans in
foreclosure and REO Mortgage Loans) averaged over the last
three months, as a percentage of the aggregate Scheduled
Principal Balance of Mortgage Loans averaged over the last
three months, does not exceed 4%, and (ii) cumulative
Realized Losses with respect to the Mortgage Loans do not
exceed (a) 10% of the Original Subordinate Principal
Balance if such Distribution Date occurs between and
including September 2003 and August 2004, (b) 15% of the
Original Subordinate Principal Balance if such Distribution
Date occurs between and including September 2004 and August
2005, (c) 20% of the Original Subordinate Principal Balance
if such Distribution Date occurs between and including
September 2005 and August 2006, (d) 25% of the Original
Subordinate Principal Balance if such Distribution Date
occurs between and including September 2006 and August
2007, and (e) 30% of the Original Subordinate Principal
Balance if such Distribution Date occurs during or after
September 2007.
Servicer's Certificate: A certificate, completed by
and executed on behalf of the Company by a Servicing
Officer in accordance with Section 4.06, substantially in
the form of Exhibit D hereto or in such other form as the
Company and the Trustee shall agree.
Servicing Fee: As to any Mortgage Loan and
Distribution Date, the sum of (a) the Base Servicing Fee
and (b) the Supplemental Servicing Fee.
Servicing Officer: Any officer of the Company involved
in, or responsible for, the administration and servicing of
the Mortgage Loans whose name appears on a list of
servicing officers attached to an Officer's Certificate
furnished to the Trustee by the Company, as such list may
from time to time be amended.
Single Certificate: A Certificate with an Initial
Certificate Principal Balance, or initial Notional
Principal Balance, of $1,000 or, in the case of a Class of
Certificates issued with an initial Class Certificate
Principal Balance or initial Notional Principal Balance of
less than $1,000, such lesser amount.
Special Hazard Loss: (i) A Realized Loss suffered by a
Mortgaged Property on account of direct physical loss,
exclusive of (a) any loss covered by a hazard policy or a
flood insurance policy required to be maintained in respect
of such Mortgaged Property under Section 3.06 and (b) any
loss caused by or resulting from:
(A) normal wear and tear;
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(B) conversion or other dishonest act on the part
of the Trustee, the Company or any of their agents or
employees; or
(C) errors in design, faulty workmanship or
faulty materials, unless the collapse of the property
or a part thereof ensues;
or (ii) any Realized Loss suffered by the Trust Fund
arising from or related to the presence or suspected
presence of hazardous wastes or hazardous substances on a
Mortgaged Property unless such loss to a Mortgaged Property
is covered by a hazard policy or a flood insurance policy
required to be maintained in respect of such Mortgaged
Property under Section 3.06.
Special Hazard Loss Amount: As of any Distribution
Date, an amount equal to $9,016,133 minus the sum of (i)
the aggregate amount of Special Hazard Losses that would
have been allocated to the Junior Certificates in
accordance with Section 4.03 in the absence of the Loss
Allocation Limitation and (ii) the Adjustment Amount (as
defined below) as most recently calculated. On each
anniversary of the Cut-off Date, the "Adjustment Amount"
shall be equal to the amount, if any, by which the amount
calculated in accordance with the preceding sentence
(without giving effect to the deduction of the Adjustment
Amount for such anniversary) exceeds the lesser of (x) the
greater of (A) the product of the Special Hazard Percentage
for such anniversary multiplied by the outstanding
principal balance of all the Mortgage Loans on the
Distribution Date immediately preceding such anniversary
and (B) twice the outstanding principal balance of the
Mortgage Loan which has the largest outstanding principal
balance on the Distribution Date immediately preceding such
anniversary, and (y) an amount calculated by the Company
and approved by each Rating Agency, which amount shall not
be less than $500,000.
Special Hazard Percentage: As of each anniversary of
the Cut-off Date, the greater of (i) 1.00% and (ii) the
largest percentage obtained by dividing (x) the aggregate
outstanding principal balance (as of the immediately
preceding Distribution Date) of the Mortgage Loans secured
by Mortgaged Properties located in a single, five-digit zip
code area in the State of California by (y) the outstanding
principal balance of all the Mortgage Loans as of the
immediately preceding Distribution Date.
Special Hazard Termination Date: The Distribution Date
upon which the Special Hazard Loss Amount has been reduced
to zero or a negative number (or the Cross-Over Date, if
earlier).
Specified Component: None.
Startup Day: As defined in Section 2.06(c).
Subordinate Certificates: As to any date of
determination, first, the Class B5 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero; second, the Class B4 Certificates until
the Class Certificate Principal Balance thereof has been
reduced to zero; third, the Class B3 Certificates until the
Class Certificate Principal
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Balance thereof has been reduced to zero; fourth, the Class
B2 Certificates until the Class Certificate Principal
Balance thereof has been reduced to zero; fifth, the Class
B1 Certificates until the Class Certificate Principal
Balance thereof has been reduced to zero; and sixth, the
Class M Certificates until the Class Certificate Principal
Balance thereof has been reduced to zero.
Subordinate Certificate Writedown Amount: As to any
Distribution Date, first, any amount distributed to the
Class PO Certificates on such Distribution Date pursuant to
Section 4.01(a)(iv) and second, after giving effect to the
application of clause first above, the amount by which (i)
the sum of the Class Certificate Principal Balances of all
the Certificates (after giving effect to the distribution
of principal and the application of Realized Losses in
reduction of the Certificate Principal Balances of the
related Certificates on such Distribution Date) exceeds
(ii) the Pool Scheduled Principal Balance on the first day
of the month of such Distribution Date less any Deficient
Valuations occurring on or prior to the Bankruptcy Coverage
Termination Date.
Substitution Amount: With respect to any Mortgage Loan
substituted pursuant to Section 2.03(b), the excess of (x)
the Scheduled Principal Balance of the Mortgage Loan that
is substituted for, over (y) the Scheduled Principal
Balance of the related substitute Mortgage Loan, each
balance being determined as of the date of substitution.
Supplemental Servicing Fee: As to any Mortgage Loan
and Distribution Date, an amount equal to the product of
(i) the Scheduled Principal Balance of such Mortgage Loan
as of the Due Date in the preceding calendar month and (ii)
the Supplemental Servicing Fee Rate for such Mortgage Loan.
The Supplemental Servicing Fee for any Distribution Date
shall be reduced by its allocable share of Interest
Shortfalls (as provided in the definition thereof) and any
Interest Losses (in accordance with Section 3.08(d)).
Supplemental Servicing Fee Rate: As to any Mortgage
Loan and Distribution Date, a fixed rate per annum equal to
the excess, if any, of the Net Mortgage Rate thereof over
6.75%.
Surety: Ambac Assurance Corporation, or its successors
in interest.
Surety Bond: The Limited Purpose Surety Bond (Policy
No. AB0039BE), dated February 28, 1996, issued by the
Surety for the benefit of certain beneficiaries, including
the Trustee for the benefit of the Holders of the
Certificates, but only to the extent that such Limited
Purpose Surety Bond covers any Pledged Asset Mortgage
Loans.
TAC Balance: As to any Distribution Date and any Class
of TAC Certificates and any TAC Component, the balance
designated as such for such Distribution Date and such
Class or Component as set forth in the Principal Balance
Schedules attached as Exhibit B hereto.
TAC Certificates: None.
TAC Component: None.
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Trigger Event: Any one or more of the following: (i)
if the Company is not a wholly-owned direct or indirect
subsidiary of General Electric Company or if General
Electric Capital Corporation shall not own (directly or
indirectly) at least two-thirds of the voting shares of the
capital stock of the Company, (ii) if the long-term senior
unsecured rating of General Electric Capital Corporation is
downgraded or withdrawn by Fitch or S&P below their two
highest rating categories, (iii) if General Electric
Capital Corporation is no longer obligated pursuant to the
terms of the support agreement, dated as of October 1,
1990, between General Electric Capital Corporation and the
Company, to maintain the Company's net worth or liquidity
(as such terms are defined therein) at the levels specified
therein, or if such support agreement, including any
amendment thereto, has been breached, terminated or
otherwise held to be unenforceable and (iv) if such support
agreement, including any amendment thereto, is amended or
modified.
Trust Fund: The corpus of the trust created by this
Agreement evidenced by the Certificates and consisting of:
(i) the Mortgage Loans;
(ii) all payments on or collections in respect of such
Mortgage Loans, except as otherwise described in the first
paragraph of Section 2.01, including the proceeds from the
liquidation of any Additional Collateral for any Pledged
Asset Mortgage Loan;
(iii) the obligation of the Company to deposit in the
Certificate Account the amounts required by Sections
3.02(d), 3.02(e) and 4.04(a), and the obligation of the
Trustee to deposit in the Certificate Account any amount
required pursuant to Section 4.04(b);
(iv) the obligation of the Company to purchase or
replace any Defective Mortgage Loan pursuant to Section
2.02 or 2.03;
(v) all property acquired by foreclosure or deed in
lieu of foreclosure with respect to any REO Mortgage Loan;
(vi) the proceeds of the Primary Insurance Policies,
if any, and the hazard insurance policies required by
Section 3.06, in each case, in respect of the Mortgage
Loans, and the Company's interest in the Surety Bond
transferred to the Trustee pursuant to Section 2.01;
(vii) the Certificate Account established pursuant to
Section 3.02(d);
(viii) the Eligible Account or Accounts, if any,
established pursuant to Section 3.02(e);
(ix) any collateral funds established to secure the
obligations of the Holder of the Class B4 and Class B5
Certificates, respectively, under any agreements entered
into between such holder and the Company pursuant to
Section 3.08(e); and
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(x) all rights of the Company as assignee under any
security agreements, pledge agreements or guarantees
relating to the Additional Collateral supporting any
Pledged Asset Mortgage Loan.
Trustee: The institution executing this Agreement as
Trustee, or its successor in interest, or if any successor
trustee is appointed as herein provided, then such
successor trustee so appointed.
Unanticipated Recovery: As defined in Section 4.01(e)
herein.
Uninsured Cause: Any cause of damage to property
subject to a Mortgage such that the complete restoration of
the property is not fully reimbursable by the hazard
insurance policies required to be maintained pursuant to
Section 3.06.
Unpaid Class Interest Shortfall: As to any
Distribution Date and any Class of Certificates (other than
any Class of Principal Only Certificates and any Class
consisting of Specified Components) or any Specified
Component (other than any Principal Only Component), the
amount, if any, by which the aggregate of the Class
Interest Shortfalls for such Class or in respect of such
Specified Component for prior Distribution Dates is in
excess of the aggregate amounts distributed on prior
Distribution Dates to Holders of such Class of Certificates
or in respect of such Specified Component (or added to the
Class Certificate Principal Balance of any Class of Accrual
Certificates, or to the Component Principal Balance of any
Accrual Component constituting a Specified Component)
pursuant to Section 4.01(a)(ii), in the case of the Senior
Certificates (other than any Class of Principal Only
Certificates) and any Specified Component thereof (other
than any Principal Only Component), Section 4.01(a)(vi), in
the case of the Class M Certificates, Section 4.01(a)(ix),
in the case of the Class B1 Certificates, Section
4.01(a)(xii), in the case of the Class B2 Certificates,
Section 4.01(a)(xv), in the case of the Class B3
Certificates, Section 4.01(a)(xviii), in the case of the
Class B4 Certificates, and Section 4.01(a)(xxi), in the
case of the Class B5 Certificates. As to any Class of
Certificates consisting of Specified Components and any
Distribution Date, the sum of the Unpaid Class Interest
Shortfalls for the Specified Components thereof on such
date.
Upper Tier REMIC: One of the two separate REMICs
comprising the Trust Fund, the assets of which consist of
the Lower Tier Interests.
Voluntary Principal Prepayment: With respect to any
Distribution Date, any prepayment of principal received
from the related Mortgagor on a Mortgage Loan.
Voting Rights: The portion of the voting rights of all
the Certificates that is allocated to any Certificate for
purposes of the voting provisions of Section 10.01. At all
times during the term of this Agreement, 99% of all Voting
Rights shall be allocated to the Classes of Certificates
(other than the Class A11 Certificates), and 1% shall be
allocated to Class A11 Certificates. Voting Rights shall be
allocated among the Classes (other than the Class A11
Certificates) (and among the Certificates within each Class
of Certificates) in proportion to their Class Certificate
Principal Balances (or Certificate Principal Balances or
Notional Principal Balances), as the case may be.
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ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans. (a) The
Company, concurrently with the execution and delivery of this
Agreement, does hereby transfer, assign, set-over and otherwise
convey to the Trustee without recourse (except as provided
herein) all the right, title and interest of the Company in and
to the Mortgage Loans, including all interest and principal
received by the Company on or with respect to the Mortgage Loans
(other than payments of principal and interest due and payable on
the Mortgage Loans on or before, and all Principal Prepayments
received before, the Cut-off Date).
In addition, with respect to any Pledged Asset
Mortgage Loan, the Company does hereby transfer, assign, set-over
and otherwise convey to the Trustee without recourse (except as
provided herein) (i) its rights as assignee under any security
agreements, pledge agreements or guarantees relating to the
Additional Collateral supporting any Pledged Asset Mortgage Loan,
(ii) its security interest in and to any Additional Collateral,
(iii) its right to receive payments in respect of any Pledged
Asset Mortgage Loan pursuant to the Pledged Asset Mortgage
Servicing Agreement, and (iv) its rights as beneficiary under the
Surety Bond in respect of any Pledged Asset Mortgage Loan.
(b) In connection with such transfer and assignment, the
Company does hereby deliver to the Trustee the following
documents or instruments with respect to:
(1) Each Mortgage Loan (other than any Cooperative
Loan or Designated Loan) so transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in
blank by the Company, including all intervening
endorsements showing a complete chain of endorsement from
the originator to the Company; provided, however, that if
such Mortgage Note is a Confirmatory Mortgage Note, such
Confirmatory Mortgage Note may be payable directly to the
Company or may show a complete chain of endorsement from
the named payee to the Company;
(ii) Any assumption and modification agreement;
(iii) An assignment in recordable form (which may be
included in a blanket assignment or assignments) of the
Mortgage to the Trustee; and
(2) Each Cooperative Loan (other than a Designated
Loan) so transferred and assigned:
(i) The Mortgage Note, endorsed without recourse in
blank by the Company and showing an unbroken chain of
endorsements from the originator to the Company; provided,
however, that if such Mortgage Note is a Confirmatory
Mortgage Note, such Confirmatory Mortgage Note may be
payable directly to the Company or may show a complete
chain of endorsement from the named payee to the Company;
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(ii) A counterpart of the Proprietary Lease and the
Assignment of Proprietary Lease executed in blank or to the
originator of the Cooperative Loan;
(iii) The related Cooperative Stock Certificate,
together with an undated stock power (or other similar
instrument) executed in blank;
(iv) A counterpart of the recognition agreement by the
Cooperative of the interests of the mortgagee with respect
to the related Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement,
and any continuation statements, filed by the originator of
such Cooperative Loan as secured party, each with evidence
of recording thereof, evidencing the interest of the
originator in the Cooperative Stock and the Proprietary
Lease;
(vii) If applicable, copies of the UCC-3 assignments
of the security interest described in clause (vi) above,
sent to the appropriate public office for filing, showing
an unbroken chain of title from the originator to the
Company, evidencing the security interest of the originator
in the Cooperative Stock and the Proprietary Lease;
(viii) An executed assignment (which may be a blanket
assignment for all Cooperative Loans) of the interest of
the Company in the Security Agreement, Assignment of
Proprietary Lease and the recognition agreement described
in clause (iv) above, showing an unbroken chain of title
from the originator to the Trustee; and
(ix) A UCC-3 assignment from the Company to the
Trustee of the security interest described in clause (vi)
above, in form suitable for filing, otherwise complete
except for filing information regarding the original UCC-1
if unavailable (which may be included in a blanket
assignment to the Trustee).
In instances where a completed assignment of the
Mortgage in recordable form cannot be delivered by the Company to
the Trustee in accordance with Section 2.01(b)(1)(iii) prior to
or concurrently with the execution and delivery of this
Agreement, due to a delay in connection with recording of the
Mortgage, the Company may, in lieu of delivering the completed
assignment in recordable form, deliver to the Trustee the
assignment in such form, otherwise complete except for recording
information.
(3) With respect to each Designated Loan, the Company
does hereby deliver to the Trustee the Designated Loan
Closing Documents.
(c) In connection with each Mortgage Loan transferred and
assigned to the Trustee, the Company shall deliver to the Trustee
the following documents or instruments as promptly as
practicable, but in any event within 30 days, after receipt by
the Company of all such documents and instruments for all of the
outstanding Mortgage Loans:
(i) the Mortgage with evidence of recording indicated
thereon (other than with respect to a Cooperative Loan);
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(ii) a copy of the title insurance policy (other than
with respect to a Cooperative Loan);
(iii) with respect to any Mortgage that has been
assigned to the Company, the related recorded intervening
assignment or assignments of Mortgage, showing a complete
chain of assignment from the originator to the Company
(other than with respect to a Cooperative Loan); and
(iv) with respect to any Cooperative Loan that has
been assigned to the Company, the related filed intervening
UCC-3 financing statements (not previously delivered
pursuant to Section 2.01(b)(2)(vii)), showing a complete
chain of assignment from the named originator to the
Company.
Pending such delivery, the Company shall retain in its files (a)
copies of the documents described in clauses (i) and (iii) of the
preceding sentence, without evidence of recording thereon, and
(b) title insurance binders with respect to the Mortgage Loans
(other than with respect to a Cooperative Loan). The Company
shall also retain in its files evidence of any primary mortgage
insurance relating to the Mortgage Loans during the period when
the related insurance is in force. Such evidence shall consist,
for each Mortgage Loan, of a certificate of private mortgage
insurance relating to such Mortgage Loan or an electronic screen
print setting forth the information contained in such certificate
of private mortgage insurance, including, without limitation,
information relating to the name of the mortgage insurance
carrier, the certificate number, the loan amount, the property
address, the effective date of coverage, the amount of coverage
and the expiration date of the policy. (The copies of the
Mortgage, intervening assignments of Mortgage, if any, title
insurance binder and the Primary Insurance Policy, if any,
described in the second and third preceding sentences are
collectively referred to herein as the "Document File" with
respect to each Mortgage Loan.) The Company shall advise the
Trustee in writing if such delivery to the Trustee shall not have
occurred on or before the first anniversary of the Closing Date.
The Company shall promptly furnish to the Trustee the documents
included in the Document Files (other than any such documents
previously delivered to the Trustee as originals or copies)
either (a) upon the written request of the Trustee or (b) when
the Company or the Trustee obtains actual notice or knowledge of
a Trigger Event. The Trustee shall have no obligation to request
delivery of the Document Files unless a Responsible Officer of
the Trustee has actual notice or knowledge of the occurrence of a
Trigger Event.
In the case of Mortgage Loans which have been prepaid
in full after the Cut-off Date and prior to the date of execution
and delivery of this Agreement, the Company, in lieu of
delivering the above documents to the Trustee, herewith delivers
to the Trustee a certification of a Servicing Officer of the
nature set forth in Section 3.09.
(d) The Company shall not be required to record the
assignments of the Mortgages referred to in Section
2.01(b)(1)(iii) or file the UCC-3 assignments referred to in
Section 2.01(b)(2)(ix) to the Trustee unless the Company or the
Trustee obtains actual notice or knowledge of the occurrence of
any Trigger Event; provided, however, that such recording or
filing shall not be required if the Company delivers to the
Trustee a letter from each Rating Agency to the effect that the
failure to take such action will not cause such Rating Agency to
reduce or withdraw its then current ratings of the Certificates.
The party obtaining actual notice
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or knowledge of any of such events shall give the other party
prompt written notice thereof. For purposes of the foregoing (as
well as for purposes of determining whether the Company shall be
required to deliver the Document Files to the Trustee following
the occurrence of a Trigger Event), the Company shall be deemed
to have knowledge of any such downgrading referred to in the
definition of Trigger Event if, in the exercise of reasonable
diligence, the Company has or should have had knowledge thereof.
As promptly as practicable subsequent to the Company's delivery
or receipt of such written notice, as the case may be, the
Company shall insert the recording or filing information in the
assignments of the Mortgages or UCC-3 assignments to the Trustee
and shall cause the same to be recorded or filed, at the
Company's expense, in the appropriate public office for real
property records or UCC financing statements, except that the
Company need not cause to be so completed and recorded any
assignment of mortgage which relates to a Mortgage Loan secured
by property in a jurisdiction under the laws of which, on the
basis of an Opinion of Counsel reasonably satisfactory to the
Trustee and satisfactory to each Rating Agency (as evidenced in
writing), recordation of such assignment is not necessary to
protect the Trustee against discharge of such Mortgage Loan by
the Company or any valid assertion that any Person other than the
Trustee has title to or any rights in such Mortgage Loan. In the
event that the Company fails or refuses to record or file the
assignment of Mortgages or UCC-3 financing statement in the
circumstances provided above, the Trustee shall record or cause
to be recorded or filed such assignment or UCC-3 financing
statement at the expense of the Company. In connection with any
such recording or filing, the Company shall furnish such
documents as may be reasonably necessary to accomplish such
recording or filing. Notwithstanding the foregoing, at any time
the Company may record or file, or cause to be recorded or filed,
the assignments of Mortgages or UCC-3 financing statement at the
expense of the Company.
Section 2.02. Acceptance by Trustee. Subject to the
examination hereinafter provided, the Trustee acknowledges
receipt of the Mortgage Notes, the assignments of the Mortgages
to the Trustee, the assumption and modification agreements, if
any, the documents specified in Section 2.01(b)(2) (subject to
any permitted delayed delivery of the documents described in
Section 2.01(c)(iv)), and the Designated Loan Closing Documents,
if any, delivered pursuant to Section 2.01, and declares that the
Trustee holds and will hold such documents and each other
document delivered to it pursuant to Section 2.01 in trust, upon
the trusts herein set forth, for the use and benefit of all
present and future Certificateholders. The Trustee agrees, for
the benefit of Certificateholders, to review each Mortgage File
within 45 days after (i) the execution and delivery of this
Agreement, in the case of the Mortgage Notes, the assignments of
the Mortgages to the Trustee, the assumption and modification
agreements, if any, the documents specified in Section 2.01(b)(2)
(subject to any permitted delayed delivery of the documents
described in Section 2.01(c)(iv)), and the Designated Loan
Closing Documents, if any, (ii) delivery to the Trustee after the
Closing Date of the Mortgage Notes and the assumption and
modification agreements, if any, with respect to each Designated
Loan, and (iii) delivery of the recorded Mortgages, title
insurance policies, recorded intervening assignments of Mortgage,
if any, and filed intervening UC 3 financing statements, if any,
with respect to any Cooperative Loan to ascertain that all
required documents set forth in Section 2.01 have been executed,
received and recorded, if applicable, and that such documents
relate to the Mortgage Loans identified in Exhibit C hereto. In
performing such examination, the Trustee may conclusively assume
the due execution and genuineness of any such document and the
genuineness of any signature thereon.
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It is understood that the scope of the Trustee's examination of
the Mortgage Files is limited solely to confirming, after receipt
of the documents listed in Section 2.01, that such documents have
been executed, received and recorded, if applicable, and relate
to the Mortgage Loans identified in Exhibit C to this Agreement.
If in the course of such review the Trustee finds (1) that any
document required to be delivered as aforesaid has not been
delivered, or (2) any such document has been mutilated, defaced
or physically altered without the borrower's authorization or
approval, or (3) based upon its examination of such documents,
the information with respect to any Mortgage Loan set forth on
Exhibit C is not accurate, the Trustee shall promptly so notify
the Company in writing, which shall have a period of 60 days
after receipt of such notice to correct or cure any such defect.
The Company hereby covenants and agrees that, if any such
material defect cannot be corrected or cured, the Company will on
a Distribution Date which is not later than the first
Distribution Date which is more than ten days after the end of
such 60-day period repurchase the related Mortgage Loan from the
Trustee at the Purchase Price therefor or replace such Mortgage
Loan pursuant to Section 2.03(b); provided, however, that if the
defect (or breach pursuant to Section 2.03(a)) is one that, had
it been discovered before the Startup Day, would have prevented
the Mortgage Loan from being a "qualified mortgage" within the
meaning of the REMIC Provisions, such defect or breach shall be
cured, or the related Mortgage Loan shall be repurchased or
replaced, on a Distribution Date which falls within 90 days of
the date of discovery of such defect or breach. The Purchase
Price for the repurchased Mortgage Loan, or any amount required
in respect of a substitution pursuant to Section 2.03(b), shall
be deposited by the Company in the Certificate Account pursuant
to Section 3.02(d) on the Business Day prior to the applicable
Distribution Date and, upon receipt by the Trustee of written
notification of such deposit signed by a Servicing Officer, the
Trustee shall release or cause to be released to the Company the
related Mortgage File and shall execute and deliver or cause to
be executed and delivered such instruments of transfer or
assignment, in each case without recourse, as shall be necessary
to vest in the Company any Mortgage Loan released pursuant
hereto. It is understood and agreed that the obligation of the
Company to repurchase or replace any Mortgage Loan as to which a
material defect in a constituent document exists shall constitute
the sole remedy respecting such defect available to
Certificateholders or the Trustee on behalf of
Certificateholders.
Upon receipt by the Trustee of the Mortgage Note with
respect to a Designated Loan that is not defective in accordance
with the fifth sentence of the preceding paragraph, the related
Lost Note Affidavit delivered pursuant to Section 2.01 shall be
void and the Trustee shall return it to the Company.
Section 2.03. Representations and Warranties of the
Company; Mortgage Loan Repurchase. (a) The Company hereby
represents and warrants to the Trustee that:
(i) The information set forth in Exhibit C hereto was
true and correct in all material respects at the date or
dates respecting which such information is furnished;
(ii) As of the date of the initial issuance of the
Certificates, other than with respect to Cooperative Loans,
each Mortgage is a valid and enforceable first lien on the
property securing the related Mortgage Note subject only to
(a) the lien of current real property taxes and
assessments, (b) covenants, conditions and restrictions,
rights of way, easements and other matters of public record
as of the date of recording of such
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Mortgage, such exceptions appearing of record being
acceptable to mortgage lending institutions generally in
the area wherein the property subject to the Mortgage is
located or specifically reflected in the appraisal obtained
in connection with the origination of the related Mortgage
Loan obtained by the Company and (c) other matters to which
like properties are commonly subject which do not
materially interfere with the benefits of the security
intended to be provided by such Mortgage;
(iii) Immediately prior to the transfer and assignment
herein contemplated, the Company had good title to, and was
the sole owner of, each Mortgage Loan and all action had
been taken to obtain good record title to each related
Mortgage. Each Mortgage Loan has been transferred free and
clear of any liens, claims and encumbrances;
(iv) As of the date of the initial issuance of the
Certificates, no payment of principal of or interest on or
in respect of any Mortgage Loan is 30 or more days past due
and none of the Mortgage Loans have been past due 30 or
more days more than once during the preceding 12 months;
(v) As of the date of the initial issuance of the
Certificates, other than with respect to Cooperative Loans,
there is no mechanics' lien or claim for work, labor or
material affecting the premises subject to any Mortgage
which is or may be a lien prior to, or equal or coordinate
with, the lien of such Mortgage except those which are
insured against by the title insurance policy referred to
in (x) below;
(vi) As of the date of the initial issuance of the
Certificates, other than with respect to Cooperative Loans,
there is no delinquent tax or assessment lien against the
property subject to any Mortgage;
(vii) As of the date of the initial issuance of the
Certificates, there is no valid offset, defense or
counterclaim to any Mortgage Note or Mortgage, including
the obligation of the Mortgagor to pay the unpaid principal
and interest on such Mortgage Note;
(viii) As of the date of the initial issuance of the
Certificates, the physical property subject to any Mortgage
(or, in the case of a Cooperative Loan, the related
Cooperative Apartment) is free of material damage and is in
good repair;
(ix) Each Mortgage Loan at the time it was made
complied in all material respects with applicable state and
federal laws, including, without limitation, usury, equal
credit opportunity and disclosure laws;
(x) Other than with respect to Cooperative Loans, a
lender's title insurance policy or binder, or other
assurance of title insurance customary in the relevant
jurisdiction therefor was issued on the date of the
origination of each Mortgage Loan and each such policy or
binder is valid and remains in full force and effect;
(xi) None of the Mortgage Loans constitute Pledged
Asset Mortgage Loans. The Loan-to-Value Ratio of each
Mortgage Loan was not more than 95%. As of the Cut-off
Date, no more than 13% of the Mortgage Loans by Scheduled
Principal Balance had
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Loan-to-Value Ratios of more than 80% and each such
Mortgage Loan is covered by a Primary Insurance Policy so
long as its then outstanding principal amount exceeds 80%
of the greater of (a) the Original Value and (b) the then
current value of the related Mortgaged Property as
evidenced by an appraisal thereof satisfactory to the
Company. Each Primary Insurance Policy is issued by a
private mortgage insurer acceptable to FNMA or FHLMC;
(xii) Each Mortgage Note is payable on the first day
of each month in self-amortizing monthly installments of
principal and interest, with interest payable in arrears,
over an original term of not more than thirty years. The
Mortgage Rate of each Mortgage Note of the related Mortgage
Loan was not less than 6.375% per annum and not greater
than 8.625% per annum. The Mortgage Rate of each Mortgage
Note is fixed for the life of the related Mortgage Loan;
(xiii) Other than with respect to Cooperative Loans,
the improvements on the Mortgaged Properties are insured
against loss under a hazard insurance policy with extended
coverage and conforming to the requirements of Section 3.06
hereof. As of the date of initial issuance of the
Certificates, all such insurance policies are in full force
and effect;
(xiv) As of the Cut-off Date, (i) no more than 8.25%
of the Mortgage Loans by Scheduled Principal Balance had a
Scheduled Principal Balance of more than $500,000 and up to
and including $750,000; (ii) no more than 2.00% of the
Mortgage Loans by Scheduled Principal Balance had a
Scheduled Principal Balance of more than $750,000 and up to
and including $1,000,000; and (iii) no more than 0.50% of
the Mortgage Loans by Scheduled Principal Balance had a
Scheduled Principal Balance of more than $1,000,000;
(xv) As of the Cut-off Date, no more than 1.00% of the
Mortgage Loans by Scheduled Principal Balance are secured
by Mortgaged Properties located in any one postal zip code
area;
(xvi) As of the Cut-off Date, at least 98% of the
Mortgage Loans by Scheduled Principal Balance are secured
by Mortgaged Properties determined by the Company to be the
primary residence of the Mortgagor. The basis for such
determination is the making of a representation by the
Mortgagor at origination that he or she intends to occupy
the underlying property;
(xvii) As of the Cut-off Date, at least 90.50% of the
Mortgage Loans by Scheduled Principal Balance are secured
by one-family detached residences;
(xviii) As of the Cut-off Date, no more than 3.50% of
the Mortgage Loans by Scheduled Principal Balance are
secured by condominiums and, as of the Cut-off Date, no
more than 1.25% of the Mortgage Loans by Scheduled
Principal Balance are secured by two- to four-family
residential properties. As to each condominium or related
Mortgage Loan, (a) the related condominium is in a project
that is on the FNMA or FHLMC approved list, (b) the related
condominium is in a project that, upon submission
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<PAGE>
of appropriate application, could be so approved by either
FNMA or FHLMC, (c) the related Mortgage Loan meets the
requirements for purchase by FNMA or FHLMC, (d) the related
Mortgage Loan is of the type that could be approved for
purchase by FNMA or FHLMC but for the principal balance of
the related Mortgage Loan or the pre-sale requirements or
(e) the related Mortgage Loan has been approved by a
nationally recognized mortgage pool insurance company for
coverage under a mortgage pool insurance policy issued by
such insurer. As of the Cut-off Date, no more than 0.50% of
the Mortgage Loans by Scheduled Principal Balance are
secured by condominiums located in any one postal zip code
area;
(xix) Other than with respect to Cooperative Loans, no
Mortgage Loan is secured by a leasehold interest in the
related Mortgaged Property and each Mortgagor holds fee
title to the related Mortgaged Property;
(xx) As of the Cut-off Date, no more than 0.25% of the
Mortgage Loans by Scheduled Principal Balance constituted
Buydown Mortgage Loans. The maximum Buydown Period for any
Buydown Mortgage Loan is three years, and the maximum
difference between the stated Mortgage Rate of any Buydown
Mortgage Loan and the rate paid by the related Mortgagor is
three percentage points. The portion of the interest rate
paid by the related Mortgagor will not increase by more
than one percentage point for each six month period.
(xxi) The original principal balances of the Mortgage
Loans range from $227,200 to $1,447,500;
(xxii) As of the Cut-off Date, no more than 1.50% of
the Mortgage Loans by Scheduled Principal Balance are
secured by second homes and no more than 0.50% of the
Mortgage Loans by Scheduled Principal Balance are secured
by investor-owned properties;
(xxiii) All appraisals have been prepared
substantially in accordance with the description contained
under the caption "The Trust Fund - The Mortgage Loans" in
the prospectus dated May 26, 1998, included in the
registration statement on Form S-3 (file no. 333-51151)
filed by the Company with the Securities and Exchange
Commission with respect to the offer and sale of certain
Classes of the Certificates;
(xxiv) No selection procedures, other than those
necessary to comply with the representations and warranties
set forth herein or the description of the Mortgage Loans
made in any disclosure document delivered to prospective
investors in the Certificates, have been utilized in
selecting the Mortgage Loans from the Company's portfolio
which would be adverse to the interests of the
Certificateholders;
(xxv) Other than with respect to Cooperative Loans, to
the best of the Company's knowledge, at origination no
improvement located on or being part of a Mortgaged
Property was in violation of any applicable zoning and
subdivision laws and ordinances;
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(xxvi) None of the Mortgage Loans is a temporary
construction loan. With respect to any Mortgaged Property
which constitutes new construction, the related
construction has been completed substantially in accordance
with the specifications therefor and any incomplete aspect
of such construction shall not be material or interfere
with the habitability or legal occupancy of the Mortgaged
Property. Mortgage Loan amounts sufficient to effect any
such completion are in escrow for release upon or in
connection with such completion or a performance bond or
completion bond is in place to provide funds for this
purpose and such completion shall be accomplished within
120 days after weather conditions permit the commencement
thereof;
(xxvii) As of the Closing Date, each Mortgage Loan is
a "qualified mortgage" as defined in Section 860G(a)(3) of
the Code;
(xxviii) As of the Closing Date, the Company possesses
the Document File with respect to each Mortgage Loan, and,
other than with respect to Cooperative Loans, the related
Mortgages and intervening assignment or assignments of
Mortgages, if any, have been delivered to a title insurance
company for recording;
(xxix) As of the Cut-Off Date, no more than 0.50% of
the Mortgage Loans, by Scheduled Principal Balance, are
Cooperative Loans. With respect to each Cooperative Loan:
(A) The Security Agreement creates a first
lien in the stock ownership and leasehold rights
associated with the related Cooperative
Apartment;
(B) The lien created by the related Security
Agreement is a valid, enforceable and subsisting
first priority security interest in the related
Cooperative Stock securing the related Mortgage
Note, subject only to (a) liens of the
Cooperative for unpaid assessments representing
the Mortgagor's pro rata share of the
Cooperative's payments for its blanket mortgage,
current and future real property taxes, insurance
premiums, maintenance fees and other assessments
to which like collateral is commonly subject and
(b) other matters to which like collateral is
commonly subject which do not materially
interfere with the benefits of the security
intended to be provided by the Security
Agreement. There are no liens against or security
interest in the Cooperative Stock relating to
such Cooperative Loan (except for unpaid
maintenance, assessments and other amounts owed
to the related Cooperative which individually or
in the aggregate do not have a material adverse
effect on such Cooperative Loan), which have
priority over the Trustee's security interest in
such Cooperative Stock;
(C) The Cooperative Stock that is pledged as
security for the Mortgage Loan is held by a
person as a "tenant-stockholder" within the
meaning of section 216 of the Code, the related
Cooperative that owns title to the related
cooperative apartment building is a "cooperative
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housing corporation" within the meaning of
section 216 of the Code, and such Cooperative is
in material compliance with applicable federal,
state and local laws which, if not complied with,
could have a material adverse effect on the
Mortgaged Property; and
(D) There is no prohibition against pledging
the Cooperative Stock or assigning the
Proprietary Lease; and
(xxx) With respect to each Mortgage Loan identified on
Exhibit C as having been originated or acquired under the
Company's Enhanced Streamlined Refinance program, the value
of the related Mortgaged Property, as of the date of such
origination or acquisition under the Company's Enhanced
Streamlined Refinance program, is no less than the value
thereof established at the time the mortgage loan that is
the subject of the refinancing was originated.
It is understood and agreed that the representations
and warranties set forth in this Section 2.03(a) shall survive
delivery of the respective Mortgage Files to the Trustee. Upon
discovery by either the Company or the Trustee of a breach of any
of the foregoing representations and warranties which materially
and adversely affects the interests of the Certificateholders in
the related Mortgage Loan, the party discovering such breach
shall give prompt written notice to the other. Subject to the
following sentence, within 60 days of its discovery or its
receipt of notice of breach, or, with the prior written consent
of a Responsible Officer of the Trustee, such longer period
specified in such consent, the Company shall cure such breach in
all material respects or shall repurchase such Mortgage Loan from
the Trustee or replace such Mortgage Loan pursuant to Section
2.03(b). Any such repurchase by the Company shall be accomplished
in the manner set forth in Section 2.02, subject to the proviso
of the third-to-last sentence thereof, and at the Purchase Price.
It is understood and agreed that the obligation of the Company to
repurchase or replace any Mortgage Loan as to which a breach
occurred and is continuing shall constitute the sole remedy
respecting such breach available to Certificateholders or the
Trustee on behalf of Certificateholders and such obligation of
the Company to repurchase or replace any such Mortgage Loan shall
not be assumed by any Person which may succeed the Company as
servicer hereunder, but shall continue as an obligation of the
Company. Notwithstanding the preceding sentence, if a breach of
the representation and warranty of the Company contained in
Section 2.03(a)(ix) occurs as a result of a violation of the
federal Truth in Lending Act, 15 U.S.C. ss. 1601 et seq., as
amended ("TILA") or any state truth-in lending or similar
statute, and the Trustee or the Trust Fund is named as a
defendant in a TILA suit or a suit under any such statutes in
respect of such violation and liability in respect thereof is
imposed upon the Trustee or the Trust Fund as assignees of the
related Mortgage Loan pursuant to Section 1641 of TILA, or any
analogous provision of any such statute, the Company shall
indemnify the Trustee and the Trust Fund from, and hold them
harmless against, any and all losses, liabilities, damages,
claims or expenses (including reasonable attorneys' fees) to
which the Trustee and the Trust Fund, or either of them, become
subject pursuant to TILA or any such statute, insofar as such
losses, damages, claims or expenses (including reasonable
attorneys' fees) result from such violation. The Company's
obligations under the preceding sentence shall not impair or
derogate from the Company's obligations to the Trustee under
Section 8.05.
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(b) If the Company is required to repurchase any Mortgage
Loan pursuant to Section 2.02 or 2.03(a), the Company may, at its
option, within the applicable time period specified in such
respective Sections, remove such Defective Mortgage Loan from the
terms of this Agreement and substitute one or more other mortgage
loans for such Defective Mortgage Loan, in lieu of repurchasing
such Defective Mortgage Loan, provided that no such substitution
shall occur more than two years after the Closing Date. Any
substitute Mortgage Loan shall (a) have a Scheduled Principal
Balance (together with that of any other Mortgage Loan
substituted for the same Defective Mortgage Loan) as of the first
Distribution Date following the month of substitution not in
excess of the Scheduled Principal Balance of the Defective
Mortgage Loan as of such date (the amount of any difference, plus
one month's interest thereon at the respective Remittance Rate,
to be deposited by the Company in the Certificate Account
pursuant to Section 2.02), (b) have a Mortgage Rate not less
than, and not more than one percentage point greater than, the
Mortgage Rate of the Defective Mortgage Loan, (c) have the same
Net Mortgage Rate as the Defective Mortgage Loan, (d) have a
remaining term to stated maturity not later than, and not more
than one year less than, the remaining term to stated maturity of
the Defective Mortgage Loan, (e) be, in the reasonable
determination of the Company, of the same type, quality and
character as the Defective Mortgage Loan as if the defect or
breach had not occurred, (f) have a ratio of its current
principal amount to its Original Value not greater than that of
the removed Mortgage Loan and (g) be, in the reasonable
determination of the Company, in compliance with the
representations and warranties contained in Section 2.03(a) as of
the date of substitution.
The Company shall amend the Mortgage Loan Schedule to
reflect the withdrawal of any Defective Mortgage Loan and the
substitution of a substitute Mortgage Loan therefor. Upon such
amendment the Company shall be deemed to have made as to such
substitute Mortgage Loan the representations and warranties set
forth in Section 2.03(a) as of the date of such substitution,
which shall be continuing as long as any Certificate shall be
outstanding or this Agreement has not been terminated, and the
remedies for breach of any such representation or warranty shall
be as set forth in Section 2.03(a). Upon such amendment, the
Trustee shall review the Mortgage File delivered to it relating
to the substitute Mortgage Loan, within the time and in the
manner and with the remedies specified in Section 2.02, except
that for purposes of this Section 2.03(b) (other than the
two-year period specified in the first sentence of the preceding
paragraph of this Section 2.03(b)), such time shall be measured
from the date of the applicable substitution.
Section 2.04. Execution of Certificates. The Trustee has
caused to be executed, countersigned and delivered to or upon the
order of the Company, in exchange for the Mortgage Loans, the
Certificates in authorized denominations evidencing the entire
ownership of the Trust Fund.
Section 2.05. The REMICs. (a) For federal income tax
purposes, the Trust Fund shall consist of two REMICs, the Lower
Tier REMIC and the Upper Tier REMIC. The Certificates, other than
the Class RL Certificate, shall be issued by the Upper Tier
REMIC, and the Class RL Certificate shall be issued by the Lower
Tier REMIC. The Lower Tier REMIC shall be evidenced by the Class
RL Certificate and the regular interests having the
characteristics and terms set forth in the following table, which
interests (other than the Class RL Certificate) shall be issued
by the Lower Tier REMIC to the Trustee. The Lower Tier Interests
and the proceeds
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thereof shall be assets of the Upper Tier REMIC.
Principal of and interest on the Lower Tier Interests shall be
allocated to the Corresponding Classes of Certificates (or
Components) in the manner set forth in the following table.
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Corresponding Class
of Certificates(1)
----------------------
Lower Tier Allocation Allocation
Lower Tier Initial Lower Interest of of
Interest Tier Balance Rate Principal Interest
- --------- ------------- ---------- ---------- ----------
A1 $51,008,000.00 6.75% A1 A1
A2 29,552,000.00 6.75 A2 A2
A3 110,000,000.00 6.75 A3 A3
A4 100,000,000.00 6.75 A4 A4
A5 21,901,000.00 6.75 A5 A5
A6 40,997,000.00 6.25 A6 A6
A7 20,000,000.00 6.25 A7 A7
A8 30,000,000.00 6.25 A8 A8
A9 32,615,223.00 6.25 A9 A9
A10 35,317,777.00 8.50 A10 (2)
A12 64,958,597.00 (3) A12 A12
A13 16,841,118.00 (3) A13 A13
A14 57,922,000.00 6.75 A14 A14
A15 75,604,991.00 (3) A15 A15
A16 11,513,000.00 (3) A16 A16
A17 4,715,570.00 (3) A17 A17
A18 3,372,724.00 (3) A18 A18
A19 19,134,000.00 6.75 A19 A19
A20 36,642,750.00 (3) A20 A20
A21 12,214,250.00 (3) A21 A21
A22 27,794,118.00 (3) A22 A22
A23 7,205,882.00 (3) A23 A23
A24 38,395,000.00 6.75 A24 A24
A25 12,453,750.00 (3) A25 A25
A26 4,151,250.00 (3) A26 A26
PO 1,238,414.03 0.00 PO N/A
M 16,680,000.00 6.75 M M
B1 7,213,000.00 6.75 B1 B1
B2 4,057,000.00 6.75 B2 B2
B3 3,606,500.00 6.75 B3 B3
B4 1,803,000.00 6.75 B4 B4
B5 2,705,155.62 6.75 B5 B5
R 100.00 6.75 R R
- --------------------------
(1) Unless otherwise indicated, the amount of interest and
principal allocable from a Lower Tier Interest to its
Corresponding Class or Classes of Certificates on any
Distribution Date shall be 100%.
(2) On each Distribution Date, interest accrued on Lower-Tier
Interest A10 for the applicable Interest Accrual Period
shall be allocated as follows: (x) an amount equal to the
Accrued Certificate Interest on the Corresponding Class
shall be allocated to such Class; and (y) the excess of such
amount shall be allocated to the Class A11 Certificates.
(3) The Certificate Interest Rates of Lower Tier Interests A12,
A13, A15, A16, A17, A18, A20, A21, A22, A23, A25 and A26
Certificates for each Interest Accrual Period shall equal
such rates for the Class A12,
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Class A13, Class A15, Class A16, Class A17, Class A18, Class
A20, Class A21, Class A22, Class A23, Class A25 and Class
A26 Certificates, respectively.
(b) The Lower Tier Interests shall be issued as
non-certificated interests. The Class RL Certificate shall be
issued in fully registered certificated form and shall be
executed and countersigned as provided in Section 5.01 hereof.
(c) For purposes of further identifying the terms of the
Lower Tier Interests, distributions of principal and interest on
each Class of Lower Tier Interests shall be considered to
correspond, in timing and aggregate amount, to the distributions
of principal and interest, respectively, made under Section 4.01
on the Corresponding Classes of Certificates or Components, and
allocations of losses on each Class of Lower Tier Interests shall
be considered to correspond, in timing and aggregate amount, to
the allocations of losses made under Section 4.03 on the
Corresponding Classes of Certificates or Components.
(d) On each Distribution Date, in addition to amounts
otherwise distributable thereon pursuant to Section 4.01, the
Trustee shall distribute to the holder of the Class RL
Certificate any amounts (other than the amounts described in
clauses (x) and (y) of the definition of Available Funds)
remaining in the Lower Tier REMIC after all amounts required to
be applied pursuant to Section 2.05(c) have been so applied. Any
distributions pursuant to this clause (d) shall not reduce the
Class Certificate Principal Balance of the Class RL Certificate.
Section 2.06. Designations under the REMIC Provisions. (a)
The Company hereby designates the Lower Tier Interests identified
in Section 2.05(a) above as "regular interests," and the Class RL
Certificate as the single class of "residual interests," in the
Lower Tier REMIC for purposes of the REMIC Provisions.
(b) The Company hereby designates the Classes of
Certificates identified in Section 5.01(b), other than the
Residual Certificates, as "regular interests," and the Class R
Certificate as the single class of "residual interests," in the
Upper Tier REMIC for purposes of the REMIC Provisions.
(c) The Closing Date will be the "Startup Day" for each of
the Upper Tier REMIC and Lower Tier REMIC for purposes of the
REMIC Provisions.
(d) The "tax matters person" with respect to the Upper Tier
REMIC for purposes of the REMIC Provisions shall be (i) the
Company, if the Company is the owner of a Class R Certificate, or
(ii) in any other case, the beneficial owner of the Class R
Certificate having the largest Percentage Interest of such Class;
provided, however, that such largest beneficial owner and, to the
extent relevant, each other holder of a Class R Certificate, by
its acceptance thereof irrevocably appoints the Company as its
agent and attorney-in-fact to act as "tax matters person" with
respect to the Upper Tier REMIC for purposes of the REMIC
Provisions.
The "tax matters person" with respect to the Lower
Tier REMIC for purposes of the REMIC Provisions shall be (i) the
Company, if the Company is the owner of a Class RL Certificate,
or (ii) in any other case, the beneficial owner of the Class RL
Certificate having the largest Percentage Interest of such Class;
provided, however, that such largest beneficial owner and, to the
extent relevant, each other holder of a Class RL Certificate, by
its acceptance thereof
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irrevocably appoints the Company as its agent and
attorney-in-fact to act as "tax matters person" with respect to
the Lower Tier REMIC for purposes of the REMIC Provisions.
(e) The "latest possible maturity date" of the regular
interests in the Upper Tier REMIC and Lower Tier REMIC is the
Latest Possible Maturity Date for purposes of section 860G(a)(1)
of the Code.
(f) In no event shall the assets described in clause (ix)
of the definition of the term Trust Fund constitute a part of the
Upper Tier REMIC or the Lower Tier REMIC.
(g) In the event that the Servicing Fee exceeds the amount
reasonable for such services (within the meaning of Treasury
Regulation 1.860D-1(b)(1)(ii)), the portion or portions of such
fee that can be measured as a fixed number of basis points on
some or all of the Mortgage Loans and can be treated as one or
more stripped coupons within the meaning of Treasury Regulation
1.860D-1(b)(2)(iii) shall be treated as such stripped coupons and
shall not be treated as a REMIC asset.
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer. (a) It is
intended that each of the Upper Tier REMIC and the Lower Tier
REMIC established hereunder shall constitute, and that the
affairs of the REMICs shall be conducted so as to qualify each of
the Upper Tier REMIC and the Lower Tier REMIC (other than any
collateral fund established under the agreement referred to in
Section 3.08(e)), as a "real estate mortgage investment conduit"
as defined in and in accordance with the REMIC Provisions. In
furtherance of such intention, the Company covenants and agrees
that it shall act as agent (and the Company is hereby appointed
to act as agent) on behalf of each of the Upper Tier REMIC and
the Lower Tier REMIC established hereunder and the respective
Holders of the Residual Certificates and that in such capacity it
shall:
(i) prepare and file, or cause to be prepared and
filed, in a timely manner, a U.S. Real Estate Mortgage
Investment Conduit Income Tax Return (Form 1066) and
prepare and file or cause to be prepared and filed with the
Internal Revenue Service and applicable state or local tax
authorities income tax or information returns for each
taxable year with respect to each of the Upper Tier REMIC
and the Lower Tier REMIC established hereunder, using the
calendar year as the taxable year and the accrual method of
accounting, containing such information and at the times
and in the manner as may be required by the Code or state
or local tax laws, regulations, or rules, and shall furnish
or cause to be furnished to Certificateholders the
schedules, statements or information at such times and in
such manner as may be required thereby;
(ii) within thirty days of the Closing Date, shall
furnish or cause to be furnished to the Internal Revenue
Service, on Form 8811 or as otherwise may be required by
the Code, the name, title, address, and telephone number of
the person that the holders of the Certificates may contact
for tax information relating thereto (and the Company shall
act as the representative of each of the Upper Tier REMIC
and the Lower Tier
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REMIC established hereunder for this purpose), together
with such additional information as may be required by such
Form, and shall update such information at the time or
times and in the manner required by the Code;
(iii) make or cause to be made an election, on behalf
of each of the Upper Tier REMIC and the Lower Tier REMIC
established hereunder, to be treated as a REMIC, and make
the appropriate designations, if applicable, in accordance
with Section 2.06 hereof on the federal tax return of the
Trust Fund for its first taxable year (and, if necessary,
under applicable state law);
(iv) prepare and forward, or cause to be prepared and
forwarded, to the Certificateholders and to the Internal
Revenue Service and, if necessary, state tax authorities,
all information returns or reports, or furnish or cause to
be furnished by telephone, mail, publication or other
appropriate method such information, as and when required
to be provided to them in accordance with the REMIC
Provisions, including without limitation, the calculation
of any original issue discount using the Prepayment
Assumption Multiple;
(v) provide information necessary for the computation
of tax imposed on the transfer of a Residual Certificate to
a Disqualified Organization, or an agent (including a
broker, nominee or other middleman) of a Disqualified
Organization, or a pass-through entity in which a
Disqualified Organization is the record holder of an
interest (the reasonable cost of computing and furnishing
such information may be charged to the Person liable for
such tax);
(vi) use its best reasonable efforts to conduct the
affairs of each of the Upper Tier REMIC and the Lower Tier
REMIC established hereunder at all times that any
Certificates are outstanding so as to maintain the status
thereof as a REMIC under the REMIC Provisions;
(vii) not knowingly or intentionally take any action
or omit to take any action that would cause the termination
of the REMIC status of either of the Upper Tier REMIC or
the Lower Tier REMIC or that would subject the Trust Fund
to tax, except for taxes for which the Company is required
to indemnify the Lower Tier REMIC pursuant to Section
3.01(c);
(viii) exercise reasonable care not to allow the
creation of any "interests" (A) in the Upper Tier REMIC
within the meaning of section 860D(a)(2) of the Code in
addition to the interests represented by the Classes of
Certificates identified in Section 5.01(b) other than the
Class RL Certificate, and (B) in the Lower Tier REMIC
within the meaning of Section 860D(a)(2) of the Code in
addition to the interests represented by the Lower Tier
Interests identified in Section 2.05(a) and the Class RL
Certificate;
(ix) exercise reasonable care not to allow the
occurrence of any "prohibited transactions" within the
meaning of section 860F of the Code, unless the Company
shall have provided an Opinion of Counsel to the Trustee
that such occurrence would not (a) result in a taxable
gain, (b) otherwise subject the Trust Fund to tax, or (c)
cause either of
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the Upper Tier REMIC or the Lower Tier REMIC established
hereunder to fail to qualify as a REMIC;
(x) exercise reasonable care not to allow the Trust
Fund to receive income from the performance of services or
from assets not permitted under the REMIC Provisions to be
held by a REMIC;
(xi) pay the amount of any federal or state tax,
including prohibited transaction taxes, taxes on certain
contributions to the Upper Tier REMIC or Lower Tier REMIC
after the Startup Day, and taxes on net income from
foreclosure property, imposed on the Trust Fund when and as
the same shall be due and payable (but such obligation
shall not prevent the Company or any other appropriate
Person from contesting any such tax in appropriate
proceedings and shall not prevent the Company from
withholding payment of such tax, if permitted by law,
pending the outcome of such proceedings);
(xii) ensure that federal, state or local income tax
or information returns shall be signed by the Trustee or
such other person as may be required to sign such returns
by the Code or state or local laws, regulations or rules;
and
(xiii) maintain such records relating to each of the
Upper Tier REMIC and the Lower Tier REMIC established
hereunder, including but not limited to the income,
expenses, individual Mortgage Loans (including Mortgaged
Property), other assets and liabilities thereof, and the
fair market value and adjusted basis of the property of
each determined at such intervals as may be required by the
Code, as may be necessary to prepare the foregoing returns,
schedules, statements or information.
The Company shall be entitled to be reimbursed
pursuant to Section 3.04 for any federal income taxes paid by it
pursuant to clause (xi) of the preceding sentence, except to the
extent that such taxes are imposed as a result of the bad faith,
misfeasance or negligence of the Company in the performance of
its obligations hereunder. The Company shall not be entitled to
be reimbursed for any taxes paid pursuant to the indemnification
provisions of Section 3.01(c) (except as provided therein). With
respect to any reimbursement of prohibited transaction taxes, the
Company shall inform the Trustee of the circumstances under which
such taxes were incurred.
(b) The Company shall service and administer the Mortgage
Loans and shall have full power and authority, acting alone or
through one or more Primary Servicers, to do any and all things
in connection with such servicing and administration which it may
deem necessary or desirable. Without limiting the generality of
the foregoing, the Company shall continue, and is hereby
authorized and empowered by the Trustee, to execute and deliver,
or file, as appropriate, on behalf of itself, the
Certificateholders and the Trustee or any of them, any and all
continuation statements, termination statements, instruments of
satisfaction or cancellation, or of partial or full release or
discharge and all other comparable instruments, with respect to
the Mortgage Loans and with respect to the properties subject to
the Mortgages. Without limitation of the foregoing, if the
Company in its individual capacity agrees to refinance any
Mortgage Loan upon the request of the related Mortgagor, the
Company, as servicer hereunder, may execute an instrument of
assignment in customary form to the Company in its individual
capacity. In
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connection with any such refinancing, the Trustee shall, upon
certification of a Servicing Officer to the effect that an amount
equal to the principal balance of the related Mortgage Loan
together with accrued and unpaid interest thereon at the
applicable Remittance Rate to the date of such certification has
been credited to the Mortgage Loan Payment Record, release the
related Mortgage File to the Company whereupon the Company may
cancel the related Mortgage Note. Upon request by the Company
after the execution and delivery of this Agreement, the Trustee
shall furnish the Company with any powers of attorney and other
documents necessary or appropriate to enable the Company to carry
out its servicing and administrative duties hereunder. Except as
otherwise provided herein, the Company shall maintain servicing
standards substantially equivalent to those required for approval
by FNMA or FHLMC. The Company shall not agree to any modification
of the material terms of any Mortgage Loan except as provided in
the second sentence of Section 3.02(a) and in Section 3.07. The
Company shall not release any portion of any Mortgaged Property
from the lien of the related Mortgage unless the related Mortgage
Loan would be a "qualified mortgage" within the meaning of the
REMIC Provisions following such release.
(c) [Intentionally Omitted.]
(d) The relationship of the Company (and of any successor
to the Company as servicer under this Agreement) to the Trustee
under this Agreement is intended by the parties to be that of an
independent contractor and not that of a joint venturer, partner
or agent.
(e) All costs incurred by the Company in effecting the
timely payment of taxes and assessments on the properties subject
to the Mortgage Loans shall not, for the purpose of calculating
monthly distributions to Certificateholders, be added to the
amount owing under the related Mortgage Loans, notwithstanding
that the terms of such Mortgage Loans so permit, and such costs
shall be recoverable by the Company to the extent permitted by
Section 3.04. The Company shall collect such amounts from the
Mortgagor and shall credit the Mortgage Loan Payment Record
accordingly.
(f) If the Company enters into a servicing agreement with
any servicer (a "Primary Servicer") pursuant to which such
Primary Servicer shall directly service certain Mortgage Loans
and the Company shall perform master servicing with respect
thereto, the Company shall not be released from its obligations
to the Trustee and Certificateholders with respect to the
servicing and administration of the Mortgage Loans in accordance
with the provisions of Article III hereof and such obligations
shall not be diminished by virtue of any such servicing agreement
or arrangement and the Company shall be obligated to the same
extent and under the same terms and conditions as if the Company
alone were servicing and administering the Mortgage Loans. Any
amounts received by a Primary Servicer in respect of a Mortgage
Loan shall be deemed to have been received by the Company whether
or not actually received by it. Any servicing agreement that may
be entered into and any transactions or services relating to the
Mortgage Loans involving a Primary Servicer in its capacity as
such shall be deemed to be between the Company and the Primary
Servicer alone, and the Trustee and the Certificateholders shall
have no claims, obligations, duties or liabilities with respect
thereto. Notwithstanding the foregoing, in the event the Company
has been removed as the servicer hereunder pursuant to Section
6.04 or Section 7.01, the Trustee or any successor servicer
appointed pursuant to Section 7.02 shall succeed to all of the
Company's rights and interests (but not to any obligations or
liabilities of
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the Company arising prior to the date of succession) under any
servicing agreement with any Primary Servicer in respect of the
Mortgage Loans, subject to the limitation on the Trustee's
responsibilities under Section 7.02.
(g) In no event shall any collateral fund established under
the agreement referred to in Section 3.08(e) constitute an asset
of any REMIC established hereunder.
Section 3.02. Collection of Certain Mortgage Loan Payments;
Mortgage Loan Payment Record; Certificate Account. (a) The
Company shall make reasonable efforts to collect all payments
called for under the terms and provisions of the Mortgage Loans,
and shall, to the extent such procedures shall be consistent with
this Agreement, follow such collection procedures as it follows
with respect to mortgage loans comparable to the Mortgage Loans
in its servicing portfolio. Consistent with the foregoing, the
Company may in its discretion (i) waive any late payment charge
or any assumption fees or other fees which may be collected in
the ordinary course of servicing such Mortgage Loan and (ii) if a
default on the Mortgage Loan has occurred or is reasonably
foreseeable, arrange at any time prior to foreclosure with a
Mortgagor a schedule for the payment of due and unpaid principal
and interest for a period extending not longer than two years
after the date that such schedule is arranged. Any arrangement of
the sort described in clause (ii) above shall not affect the
amount or timing of the Company's obligation to make Monthly
Advances with respect to any Mortgage Loan which Monthly Advances
shall be made pursuant to the original amortization schedule
applicable to such Mortgage Loan.
(b) The Company shall establish and maintain a Mortgage
Loan Payment Record in which the following payments on and
collections in respect of each Mortgage Loan shall as promptly as
practicable be credited by the Company for the account of the
Holders of the Certificates:
(i) All payments on account of principal, including
Principal Prepayments (other than (A) payments of principal
due and payable on the Mortgage Loans on or before, and all
Principal Prepayments received before, the Cut-off Date,
(B) in the case of a substitute Mortgage Loan, payments of
principal due and payable on such Mortgage Loan on or
before the Determination Date in the month of substitution,
and all Principal Prepayments received before the first day
of the month of substitution, and (C) in the case of a
replaced Mortgage Loan, payments of principal due and
payable on such Mortgage Loan after the Determination Date
in the month of substitution, and all Principal Prepayments
received in the month of substitution);
(ii) All payments (other than (A) those due and
payable on or before the Cut-off Date, (B) in the case of a
substitute Mortgage Loan, those due and payable on such
Mortgage Loan on or before the Determination Date in the
month of substitution, and (C) in the case of a replaced
Mortgage Loan, those due and payable on such Mortgage Loan
after the Determination Date in the month of substitution)
on account of interest at the applicable Remittance Rate on
the Mortgage Loan received from the related Mortgagor,
including any Buydown Funds applied with respect to
interest at the applicable Remittance Rate on any Buydown
Mortgage Loan;
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(iii) All Liquidation Proceeds received by the Company
with respect to such Mortgage Loan and the Purchase Price
for any Mortgage Loan purchased by the Company pursuant to
Sections 2.02, 2.03 and 3.16 (including any amounts
received in respect of a substitution of a Mortgage Loan);
(iv) All Insurance Proceeds (including, for this
purpose, any amounts required to be credited by the Company
pursuant to the last sentence of Section 3.06) received by
the Company for the benefit of the Trust Fund, other than
proceeds to be applied to the restoration or repair of the
property subject to the related Mortgage or released, or to
be released, to the related Mortgagor in accordance with
the normal servicing procedures of the Company;
(v) All REO Proceeds;
(vi) All Unanticipated Recoveries; and
(vii) All amounts received by the Company with respect
to any Pledged Asset Mortgage Loan pursuant to the
liquidation of any Additional Collateral or pursuant to any
recovery under the Surety Bond in accordance with Section
4.09.
The foregoing requirements respecting credits to the
Mortgage Loan Payment Record are exclusive, it being understood
that, without limiting the generality of the foregoing, the
Company need not enter in the Mortgage Loan Payment Record
collections, Liquidation Proceeds or Insurance Proceeds in
respect of Mortgage Loans which have been previously released
from the terms of this Agreement, amounts representing fees or
late charge penalties payable by Mortgagors, or amounts received
by the Company for the account of Mortgagors for application
towards the payment of taxes, insurance premiums, assessments and
similar items.
(c) Subject to subsection (e) below, until the Business Day
prior to each Distribution Date on which amounts are required to
be transferred to the Certificate Account pursuant to subsection
(d) of this Section 3.02, the Company may retain and commingle
such amounts with its own funds and shall be entitled to retain
for its own account any gain or investment income thereon, and
any such investment income shall not be subject to any claim of
the Trustee or Certificateholders. To the extent that the Company
realizes any net loss on any such investments, the Company shall
deposit in the Certificate Account an amount equal to such net
loss at the time the Company is required to deposit amounts in
the Certificate Account pursuant to subsection (d) of this
section 3.02. Any such deposit shall not increase the Company's
obligation under said subsection (d).
(d) The Trustee shall establish and maintain with the
Trustee in its corporate trust department a single separate trust
account designated in the name of the Trustee for the benefit of
the Holders of the Certificates issued hereunder (the
"Certificate Account") into which the Company shall transfer, not
later than 11:00 a.m. New York time on the Business Day prior to
each Distribution Date, an amount in next day funds equal to the
sum of Available Funds for such Distribution Date and any
Unanticipated Recoveries received in the calendar month preceding
the month of such Distribution Date. If the Trustee does not
receive such transfer by 2:00 p.m. on such Business Day, it shall
give the Company written notice thereof.
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(e) If the Company or a Responsible Officer of the Trustee
obtains actual notice of or knowledge of the occurrence of either
(x) any Trigger Event or (y) the downgrade by S&P of General
Electric Capital Corporation's short-term senior unsecured debt
rating below A-1+ then, notwithstanding subsection (c) above, the
Company shall promptly establish, and thereafter maintain, one or
more Eligible Accounts in the name of the Trustee and bearing a
designation indicating that amounts therein are held for the
benefit of the Trustee and the Certificateholders, into which the
Company and any Primary Servicer shall deposit within two
Business Days after receipt, all amounts otherwise required to be
credited to the Mortgage Loan Payment Record pursuant to Section
3.02(b); provided, however, that such action shall not be
required if the Company delivers to the Trustee a letter from
each Rating Agency to the effect that the failure to take such
action will not cause such Rating Agency to withdraw or reduce
its then current ratings of the Certificates. All amounts so
deposited shall be held in trust for the benefit of
Certificateholders. Amounts so deposited may be invested at the
written instruction of the Company in Permitted Investments in
the name of the Trustee maturing no later than the Business Day
preceding the Distribution Date following the date of such
investment; provided, however, that any such Permitted Investment
which is an obligation of State Street Bank and Trust Company, in
its individual capacity and not in its capacity as Trustee, may
mature on such Distribution Date; and, provided further, that no
such Permitted Investment shall be sold before the maturity
thereof if the sale thereof would result in the realization of
gain prior to maturity unless the Company has obtained an Opinion
of Counsel that such sale or disposition will not cause the Trust
Fund to be subject to the tax on prohibited transactions under
section 860F of the Code, or otherwise subject the Trust Fund to
tax or cause either of the Upper Tier REMIC or the Lower Tier
REMIC established hereunder to fail to qualify as a REMIC. The
Trustee shall maintain physical possession of all Permitted
Investments, other than Permitted Investments maintained in
book-entry form. The Company, as servicer, shall be entitled to
retain for its own account any gain or other income from
Permitted Investments, and neither the Trustee nor
Certificateholders shall have any right or claim with respect to
such income. The Company shall deposit an amount equal to any
loss realized on any Permitted Investment as soon as any such
loss is realized. If the provisions in this subsection (e) become
operable, references in this Agreement to the Mortgage Loan
Payment Record and credits and debits to such Record shall be
deemed to refer to Eligible Accounts and transfers to and
withdrawals from such Eligible Accounts. Any action which may be
necessary to establish the terms of an account pursuant to this
Section 3.02(e) may be taken by an amendment or supplement to
this Agreement or pursuant to a written order of the Company,
which amendment, supplement or order shall not require the
consent of Certificateholders, provided that the Company has
delivered to the Trustee a letter from each Rating Agency to the
effect that such amendment, supplement or order will not cause
such Rating Agency to withdraw or reduce its then current ratings
of the Certificates.
Section 3.03. Collection of Taxes, Assessments and Other
Items. Other than with respect to any Cooperative Loan, the
Company shall establish and maintain with one or more depository
institutions one or more accounts into which it shall deposit all
collections of taxes, assessments, private mortgage or hazard
insurance premiums or comparable items for the account of the
Mortgagors. As servicer, the Company shall effect the timely
payment of all such items for the account of Mortgagors.
Withdrawals from such account or accounts may be made only to
effect payment of taxes, assessments, private mortgage or
standard hazard insurance premiums or comparable items, to
reimburse the Company out of related collections for any
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payments made regarding taxes and assessments or for any
payments made pursuant to Section 3.05 regarding premiums on
Primary Insurance Policies and Section 3.06 regarding premiums on
standard hazard insurance policies, to refund to any Mortgagors
any sums determined to be overages, or to pay interest owed to
Mortgagors to the extent required by law.
Section 3.04. Permitted Debits to the Mortgage Loan Payment
Record. The Company (or any successor servicer pursuant to
Section 7.02) may, from time to time, make debits to the Mortgage
Loan Payment Record for the following purposes:
(i) To reimburse the Company or the applicable Primary
Servicer for Liquidation Expenses theretofore incurred in
respect of any Mortgage Loan in an amount not to exceed the
amount of the related Liquidation Proceeds credited to the
Mortgage Loan Payment Record pursuant to Section
3.02(b)(iii); provided that the Company or the applicable
Primary Servicer shall not be entitled to reimbursement for
Liquidation Expenses incurred after the initiation of
foreclosure proceedings in respect of any Defaulted
Mortgage Loan that is repurchased pursuant to Section 3.16;
(ii) To reimburse the Company or the applicable
Primary Servicer for Insured Expenses and amounts expended
by it pursuant to Section 3.08 in good faith in connection
with the restoration of property damaged by an Uninsured
Cause, in an amount not to exceed the amount of the related
Insurance Proceeds and Liquidation Proceeds (net of any
debits pursuant to clause (i) above) and amounts
representing proceeds of other insurance policies covering
the property subject to the related Mortgage credited to
the Mortgage Loan Payment Record pursuant to Section
3.02(b) (iii) and (iv);
(iii) To reimburse the Company to the extent permitted
by Sections 3.01(a) and 6.04;
(iv) To pay to the Company amounts received in respect
of any Defective Mortgage Loan or Defaulted Mortgage Loan
purchased by the Company to the extent that the
distribution of any such amounts on the Distribution Date
upon which the proceeds of such purchase are distributed
would make the total amount distributed in respect of any
such Mortgage Loan on such Distribution Date greater than
the Purchase Price therefor, net of any unreimbursed
Monthly Advances made by the Company;
(v) To reimburse the Company (or the Trustee, as
applicable) for Monthly Advances theretofore made in
respect of any Mortgage Loan to the extent of late
payments, REO Proceeds, Insurance Proceeds and Liquidation
Proceeds in respect of such Mortgage Loan;
(vi) To reimburse the Company from any Mortgagor
payment of interest or other recovery with respect to a
particular Mortgage Loan, to the extent not previously
retained by the Company, for unpaid Servicing Fees with
respect to such Mortgage Loan, subject to Section 3.08(d);
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(vii) To reimburse the Company (or the Trustee, as
applicable) for any Nonrecoverable Advance (which right of
reimbursement of the Trustee pursuant to this clause shall
be prior to such right of the Company);
(viii) To make transfers of funds to the Certificate
Account pursuant to Section 3.02(d); and
(ix) To deduct any amount credited to the Mortgage
Loan Payment Record in error.
The Company shall keep and maintain separate
accounting records, on a Mortgage Loan by Mortgage Loan basis,
for the purpose of accounting for debits to the Mortgage Loan
Payment Record pursuant to clauses (i), (ii), (iv), (v) and (vi)
of this Section 3.04; provided, however, that it is understood
and agreed that the records of such accounting need not be
retained by the Company for a period longer than the five most
recent fiscal years.
Section 3.05. Maintenance of the Primary Insurance
Policies. (a) The Company shall not take any action which would
result in non-coverage under any applicable Primary Insurance
Policy of any loss which, but for the actions of the Company,
would have been covered thereunder. To the extent coverage is
available, the Company shall keep or cause to be kept in full
force and effect each such Primary Insurance Policy until the
principal balance of the related Mortgage Note is 80% or less of
the greater of (i) the related Original Value and (ii) the then
current value of the property underlying the related Mortgage
Note as evidenced by an appraisal thereof satisfactory to the
Company; provided that no such Primary Insurance Policy need be
kept in effect if doing so would violate applicable law. The
Company shall not cancel or refuse to renew any such Primary
Insurance Policy applicable to a Mortgage Loan that is in effect
at the Closing Date and is required to be kept in force hereunder
unless the replacement Primary Insurance Policy for such canceled
or non-renewed policy is maintained with an insurer whose
claims-paying ability is acceptable to each Rating Agency for
mortgage pass-through certificates having ratings equal to or
better than the ratings then assigned to the Certificates by such
Rating Agency. The Company agrees to effect the timely payment of
the premium on each Primary Insurance Policy, and such costs not
otherwise recoverable shall be recoverable by the Company from
related Insurance Proceeds and Liquidation Proceeds pursuant to
Section 3.04.
(b) In connection with its activities as administrator and
servicer of the Mortgage Loans, the Company agrees to present, on
behalf of itself, the Trustee and the Certificateholders, claims
to the insurer under each Primary Insurance Policy and, in this
regard, to take such reasonable action as shall be necessary to
permit recovery under any Primary Insurance Policy respecting a
related defaulted Mortgage Loan. To the extent provided in
Section 3.02(b), any amounts collected by the Company under any
Primary Insurance Policy in respect of the Mortgage Loans
(including, without limitation, a Mortgage Loan purchased by a
related insurer) shall be credited to the Mortgage Loan Payment
Record.
Section 3.06. Maintenance of Hazard Insurance. The Company
shall cause to be maintained for each Mortgage Loan, other than a
Cooperative Loan, hazard insurance with a standard mortgagee
clause and with extended coverage in an amount which is at least
equal to the maximum insurable value of the improvements securing
such Mortgage Loan from time to
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time or the principal balance owing on such Mortgage Loan from
time to time, whichever is less. The Company shall also maintain
on property (other than Cooperative Apartments) acquired upon
foreclosure, or by deed in lieu of foreclosure, hazard insurance
with extended coverage in an amount which is at least equal to
the lesser of (i) the maximum insurable value from time to time
of the improvements which are a part of such property or (ii) the
unpaid principal balance of such Mortgage Loan at the time of
such foreclosure or deed in lieu of foreclosure plus accrued
interest and the good-faith estimate of the Company of related
Liquidation Expenses to be incurred in connection therewith. To
the extent provided in Section 3.02(b)(iv), amounts collected by
the Company under any such policies in respect of the Mortgage
Loans shall be credited to the Mortgage Loan Payment Record. Such
costs shall be recoverable by the Company pursuant to Sections
3.03 and 3.04. In cases in which property securing any Mortgage
Loan other than a Cooperative Loan is located in a federally
designated flood area, the hazard insurance to be maintained for
such Mortgage Loan shall include flood insurance. All such flood
insurance shall be in such amounts as are required under
applicable guidelines of FNMA. The Company shall be under no
obligation to require that any Mortgagor maintain earthquake or
other additional insurance and shall be under no obligation
itself to maintain any such additional insurance on property
acquired in respect of a Mortgage Loan, other than pursuant to
such applicable laws and regulations as shall at any time be in
force and as shall require such additional insurance. If the
Company shall obtain and maintain a blanket policy insuring
against hazard losses on all of the Mortgage Loans (whether or
not including Cooperative Loans), it shall conclusively be deemed
to have satisfied its obligations as set forth in the first
sentence of this Section 3.06, it being understood and agreed
that such policy may contain a deductible clause, in which case
the Company shall, in the event that there shall not have been
maintained on the related Mortgaged Property a policy complying
with the first sentence of this Section 3.06, and there shall
have been a loss which would have been covered by such policy,
credit to the Mortgage Loan Payment Record the amount not
otherwise payable under the blanket policy because of such
deductible clause.
Section 3.07. Assumption and Modification Agreements. (a)
In any case in which property subject to a Mortgage has been or
is about to be conveyed by the Mortgagor, the Company shall
exercise its right to accelerate the maturity of such Mortgage
Loan under any "due-on-sale" clause applicable thereto, unless in
the reasonable discretion of the Company, such exercise would
adversely affect or jeopardize coverage under the related Primary
Insurance Policy, if any; provided, however, that if the Company
is prevented, as provided in Section 3.07(b), from enforcing any
such clause, the Company is authorized to make or enter into an
assumption and modification agreement from or with the Person to
whom such property has been or is about to be conveyed, pursuant
to which such Person becomes liable under the Mortgage Note and
the Mortgagor remains liable thereon. In connection with any such
assumption and modification agreement, the Company shall apply
its then current underwriting standards to such Person. The
Company shall not make or enter into any such assumption and
modification agreement, however, unless (to the extent
practicable in the circumstances) it shall have received
confirmation of the continued effectiveness of any applicable
Primary Insurance Policy and hazard insurance policy. The Company
shall notify the Trustee that any assumption and modification
agreement has been completed by forwarding to the Trustee the
original copy thereof, which copy shall be added by the Trustee
to the related Mortgage File and shall, for all purposes, be
considered a part of such Mortgage File to the same extent as all
other documents
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and instruments constituting a part thereof. In connection with
any such agreement, the Mortgage Rate, mortgage term and any
other material term of such Mortgage Loan shall not be changed.
Any fee collected by the Company for entering into any such
agreement will be retained by the Company as additional servicing
compensation.
(b) Notwithstanding Section 3.07(a) or any other provision
of this Agreement, the Company shall not be deemed to be in
default, breach or any other violation of its obligations
hereunder by reason of any assumption of a Mortgage Loan, or
transfer of the property subject to a Mortgage without the
assumption thereof, by operation of law or any assumption or
transfer which the Company reasonably believes it may be
restricted by law from preventing, for any reason whatsoever.
Section 3.08. Realization Upon Defaulted Mortgage Loans.
(a) The Company shall foreclose upon or otherwise comparably
convert the ownership of properties securing such of the Mortgage
Loans as come into and continue in default and as to which no
satisfactory arrangements can be made for collection of
delinquent payments pursuant to Section 3.02. In connection with
such foreclosure or other conversion the Company shall,
consistent with Section 3.05, follow such practices and
procedures as it shall deem necessary or advisable and as shall
be normal and usual in its general mortgage servicing activities.
The foregoing is subject to the proviso that the Company shall
not be required to expend its own funds in connection with any
foreclosure or towards the restoration of any property unless it
shall determine (i) that such restoration or foreclosure will
increase the proceeds of liquidation of the Mortgage Loan to
Certificateholders after reimbursement to itself for such
expenses and (ii) that such expenses will be recoverable to it
either through Liquidation Proceeds or Insurance Proceeds.
Notwithstanding the foregoing, the Company shall not be entitled
to recover legal expenses incurred in connection with foreclosure
proceedings where the Mortgage Loan is reinstated and such
foreclosure proceedings are terminated prior to completion, other
than sums received from the Mortgagor for such expenses.
Notwithstanding anything to the contrary contained
herein, the Company shall be under no obligation to foreclose
upon or otherwise convert the ownership of any Mortgaged Property
which it believes may be contaminated with or affected by
hazardous or toxic wastes, materials or substances. The Company
may, but shall not be obligated to, make such determination on
the basis of a Phase I environmental assessment with respect to
the related Mortgaged Property. Neither the Trustee nor the
Company shall be liable to the Trust Fund or the
Certificateholders if, based on the Company's belief that such
contamination or effect exists, the Company does not foreclose
upon or otherwise convert the ownership of a Mortgaged Property.
In addition, neither the Trustee nor the Company shall be liable
to the Trust Fund or the Certificateholders if, based on the
Company's belief that no such contamination or effect exists, the
Company forecloses upon a Mortgaged Property and the Trustee or
its nominee on behalf of the Trust Fund takes title to such
Mortgaged Property, and thereafter such Mortgaged Property is
determined to be so contaminated or affected.
(b) In the event that title to any Mortgaged Property is
acquired in foreclosure or by deed in lieu of foreclosure, the
deed or certificate of sale shall be issued to the Trustee, or to
its nominee on behalf of the Trust Fund. Notwithstanding any such
acquisition of title and cancellation of the related Mortgage
Loan, such Mortgage Loan shall (except for purposes of
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Section 9.01) be considered to be an Outstanding Mortgage Loan
until such time as the Mortgaged Property shall be sold and such
Mortgage Loan becomes a Liquidated Mortgage Loan. Consistent with
the foregoing, for purposes of all calculations hereunder so long
as such Mortgage Loan shall be considered to be an Outstanding
Mortgage Loan, it shall be assumed that the related Mortgage Note
and its amortization schedule in effect on and after such
acquisition of title (after giving effect to any previous
Principal Prepayments and Deficient Valuations incurred
subsequent to the related Bankruptcy Coverage Termination Date
and before any adjustment thereto by reason of any bankruptcy
(other than as aforesaid) or any similar proceeding or any
moratorium or similar waiver or grace period) remain in effect
(notwithstanding that the indebtedness evidenced by such Mortgage
Note shall have been discharged), subject to adjustment to
reflect the application of REO Proceeds received in any month.
REO Proceeds received in any month shall be applied to the
payment of the installments of principal due and interest accrued
on the related REO Mortgage Loan in accordance with the terms of
such Mortgage Note. REO Proceeds received in any month in excess
of the Amortization Payment for such month due on an REO Mortgage
Loan shall be treated as a Principal Prepayment received in
respect of such Mortgage Loan.
(c) In the event that the Trust Fund acquires any Mortgaged
Property as aforesaid or otherwise in connection with a default
or imminent default on a Mortgage Loan, the Company shall dispose
of such Mortgaged Property prior to the close of the third
calendar year after the year of its acquisition by the Trust Fund
unless (a) the Trustee shall have been supplied with an Opinion
of Counsel to the effect that the holding by the Trust Fund of
such Mortgaged Property subsequent to such period (and specifying
the period beyond such period for which the Mortgaged Property
may be held) will not result in the imposition of taxes on
"prohibited transactions" of the Trust Fund as defined in section
860F of the Code, or cause either of the Upper Tier REMIC or the
Lower Tier REMIC established hereunder to fail to qualify as a
REMIC at any time that any Certificates are outstanding, in which
case the Trust Fund may continue to hold such Mortgaged Property
(subject to any conditions contained in such Opinion of Counsel),
or (b) the Trustee (at the Company's expense) or the Company
shall have applied for, not later than 61 days prior to the
expiration of such period, an extension of such period in the
manner contemplated by section 856(e)(3) of the Code, in which
case such period shall be extended by the time period permitted
by section 856(e)(3) of the Code. Notwithstanding any other
provision of this Agreement, no Mortgaged Property acquired by
the Trust Fund shall be rented (or allowed to continue to be
rented) or otherwise used for the production of income by or on
behalf of the Trust Fund or sold in such a manner or pursuant to
any terms that would (1) cause such Mortgaged Property to fail to
qualify at any time as "foreclosure property" within the meaning
of section 860G(a)(8) of the Code, (ii) subject the Trust Fund to
the imposition of any federal or state income taxes on "net
income from foreclosure property" with respect to such Mortgaged
Property within the meaning of section 860G(c) of the Code, or
(iii) cause the sale of such Mortgaged Property to result in the
receipt by the Trust Fund of any income from non-permitted assets
as described in section 860F(a)(2)(B) of the Code, unless the
Company has agreed to indemnify and hold harmless the Trust Fund
with respect to the imposition of any such taxes.
(d) Any collection of Insurance Proceeds or Liquidation
Proceeds will be applied in the following order of priority:
first, to reimburse the Company for any related unreimbursed
Liquidation Expenses and to reimburse the Company or the Trustee,
as applicable, for any
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related unreimbursed Monthly Advances; second, to accrued and
unpaid interest on the Mortgage Loan at the Mortgage Rate from
the date to which interest was last paid or advanced to the Due
Date prior to the Distribution Date on which such amounts are to
be distributed; and third, as a recovery of principal of the
Mortgage Loan. If the amount so allocated to interest is less
than the full amount of accrued and unpaid interest due on such
Mortgage Loan, the amount of such recovery will be allocated
among the Base Servicing Fee at the Base Servicing Fee Rate, the
Supplemental Servicing Fee at the Supplemental Servicing Fee Rate
and interest at the Remittance Rate in proportion to the amount
of such accrued interest which would have been allocated to each
such category in the absence of any shortfall. The resulting
Interest Loss shall be allocated among each such category in the
same proportion as described in the preceding sentence. The
portion so allocated to interest at the Remittance Rate shall be
allocated to the Certificates for purposes of making the
allocation specified in the definition of Certificate Interest
Loss.
(e) Notwithstanding anything to the contrary contained
herein, the Company shall have the right to enter into an
agreement substantially in the form of Exhibit K hereto with any
Person that is the Holder of 100% of the Class B5 Certificates
(provided that such form may be revised to delete the option on
the part of such Person to purchase a defaulted Mortgage Loan as
set forth in Section 2.02(f) thereof). Prior to entering into any
such agreement with any Person, the Company shall obtain a
certification from such Person to the effect that (1) such Person
is not an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of the Trustee and (ii) such Person will
not purchase any Certificates if such purchase would cause such
Person to hold more than a ten percent interest in the Mortgage
Pool. It is understood that the right of the Company to be
reimbursed for Monthly Advances and Nonrecoverable Advances under
this Agreement shall not be affected in any way by the provisions
of any such agreement. The Trustee hereby agrees to perform such
obligations as may be expressly required of it pursuant to the
provisions of such agreement and to promptly notify each party to
such agreement if a Responsible Officer of the Trustee (with
direct responsibility for administration of this Agreement)
becomes aware of any discussions, plans or events that might lead
to the Trustee's becoming an "affiliate" (within the meaning of
the Prohibited Transaction Exemption) of any Person with which
the Company has entered into such agreement, provided that the
contents of any such notification shall be kept confidential by
the parties to such agreement. The Company agrees to promptly
notify the Trustee upon entering into any such agreement. In
addition, the Company shall provide the Trustee with such
information as may be necessary for the Trustee to perform its
obligations thereunder, including written instructions, clearly
identifying the source, amount and application of funds to be
deposited or withdrawn from the Collateral Fund (as defined in
such agreement). The Trustee shall provide the Company with such
information concerning credits and debits to the Collateral Fund
on account of income, gains and losses realized from Collateral
Fund Permitted Investments (as defined in such agreement), and
costs associated with the purchase and sale thereof, as the
Company may request in order to prepare the instructions
described in the preceding sentence.
In addition, subject to the provisions of the
preceding paragraph, the Company shall have the right to enter
into an agreement substantially in the form of Exhibit K hereto
with the Person that is the Holder of 100% of the Class B4
Certificates, provided that (i) such Person is also the Holder of
100% of the Class B5 Certificates, (ii) such Person shall have no
rights under such agreement until the date on which the Class
Certificate Principal Balance of the Class
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B5 Certificates has been reduced to zero, and (iii) any rights of
such Person under such agreement shall terminate in the event
that such Person transfers, directly or indirectly, the Class B4
Certificates to any other Person.
Section 3.09. Trustee to Cooperate; Release of Mortgage
Files. Upon the payment in full of any Mortgage Loan, the Company
will immediately notify the Trustee by a certification (which
certification shall include a statement to the effect that all
amounts received in connection with such payment which are
required to be credited to the Mortgage Loan Payment Record
pursuant to Section 3.02 have been so credited) of a Servicing
Officer and shall request delivery to it of the Mortgage File. If
a Buydown Mortgage Loan is the subject of a Principal Prepayment
in full during the related Buydown Period, the related Buydown
Funds will be applied or returned to the Person entitled thereto
in accordance with the terms of such Buydown Mortgage Loan. Upon
receipt of such certification and request in form satisfactory to
the Trustee, the Trustee shall promptly, but in any event within
five Business Days, release the related Mortgage File to the
Company; provided, that the Trustee shall not be responsible for
any delay in the release of a Mortgage File resulting from acts
beyond its control, including without limitation, acts of God,
strikes, lockouts, riots, acts of war or terrorism, epidemics,
nationalization, governmental regulations imposed after the fact,
fire, communication line failures, computer viruses, power
failures, earthquakes or other disasters. Upon any such payment
in full, the Company is authorized to execute, pursuant to the
authorization contained in Section 3.01, an instrument of
satisfaction regarding such Mortgage, which instrument of
satisfaction shall be recorded by the Company if required by
applicable law and be delivered to the Person entitled thereto,
it being understood and agreed that no expenses incurred in
connection with such instrument of satisfaction shall be
reimbursed from amounts at the time credited to the Mortgage Loan
Payment Record. From time to time and as appropriate for the
servicing or foreclosure of any Mortgage Loan (including, without
limitation, collection under any Primary Insurance Policy), the
Trustee shall, upon request of the Company and delivery to the
Trustee of a receipt signed by a Servicing Officer, release the
related Mortgage File to the Company and shall execute such
documents as shall be necessary to the prosecution of any such
proceedings. Such receipt shall obligate the Company to return
the Mortgage File to the Trustee when the need therefor by the
Company no longer exists unless the Mortgage Loan shall be
liquidated, in which case, upon receipt of a certificate of a
Servicing Officer similar to that hereinabove specified, the
receipt shall be released by the Trustee to the Company.
Section 3.10. Servicing Compensation; Payment of Certain
Expenses by the Company. (a) As compensation for its activities
and obligations hereunder, the Company shall be entitled to
withhold and pay to itself out of each payment received by it on
account of interest on each Mortgage Loan (including the portion
of any Buydown Funds applied to the related Buydown Mortgage Loan
for the applicable period) an amount equal to the Servicing Fee.
The aggregate of the Servicing Fees payable to the Company on any
Distribution Date shall be reduced by the amount of any
Compensating Interest Payment for such Distribution Date.
Additional servicing compensation in the form of Prepayment
Interest Excess, assumption fees, modification fees, late payment
charges, interest income or gain with respect to amounts
deposited in the Certificate Account and invested by the Company
or otherwise shall be retained by the Company, subject to Section
3.10(b), if applicable. The Company shall be required to pay all
expenses incurred by it in connection with its activities
hereunder (including payment of Trustee fees and all other fees
and expenses not expressly stated hereunder to be for the account
of the Certificateholders) and
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shall not be entitled to reimbursement therefor except as
provided in Sections 3.01, 3.03, 3.04 and 3.08.
(b) The Company may, as a condition to granting any request
by a Mortgagor for any consent, modification, waiver or amendment
or any other matter or thing, the granting of which is in the
Company's discretion pursuant to the terms of the instruments
evidencing or securing the related Mortgage Loan and is permitted
by other sections of this Agreement, require (to the extent
permitted by applicable law) that such Mortgagor pay to it a
reasonable or customary fee in accordance with the schedule set
forth as Exhibit H (which may be amended from time to time by
provision of a revised schedule of such fees to the Trustee,
whereupon such revised schedule shall be deemed to be Exhibit H
hereunder) for the additional services performed in connection
with such request, together with any related costs and expenses
incurred by it. Such fees shall be additional servicing
compensation to the Company.
Section 3.11. Reports to the Trustee; Certificate Account
Statements. Not later than 15 days after each Distribution Date,
the Company shall forward to the Trustee a statement, certified
by a Servicing Officer, setting forth the status of the Mortgage
Loan Payment Record as of the close of business on such
Distribution Date and showing, for the period covered by such
statement, the aggregate of credits to the Mortgage Loan Payment
Record for each category of credit specified in Section 3.02 and
each category of debit specified in Section 3.04.
Section 3.12. Annual Statement as to Compliance. The
Company will deliver to the Trustee, on or before March 31 of
each year, beginning with March 31, 1999, an Officer's
Certificate stating that (a) a review of the activities of the
Company during the preceding calendar year and of its performance
under this Agreement has been made under such Officer's
supervision and (b) to the best of such Officer's knowledge,
based on such review, the Company has fulfilled all its material
obligations under this Agreement throughout such year, or, if
there has been a default in the fulfillment of any such
obligation, specifying each such default known to such Officer
and the nature and status thereof.
Section 3.13. Annual Independent Public Accountants'
Servicing Report. On or before March 31 of each year, beginning
with March 31, 1999, the Company shall:
(a) furnish to a firm of independent public accountants
(which may also render other services to the Company) a statement
substantially to the effect that the Company has complied in all
material respects with the minimum servicing standards set forth
in the Uniform Single Attestation Program for Mortgage Bankers
(the "Minimum Servicing Standards") with respect to the mortgage
loans in the Company's servicing portfolio (which may exclude
home equity loans) or, if there has been material noncompliance
with such servicing standards, containing a description of such
noncompliance; and
(b) at its expense cause such firm of independent public
accountants to furnish a report to the Trustee stating its
opinion as to the Company's assertion contained in the statement
delivered pursuant to Section 3.13(a), which opinion shall be
based on an examination conducted by such firm in accordance with
the standards established by the American Institute of Certified
Public Accountants, including examining, on a test basis,
evidence about the Company's compliance with the Minimum
Servicing Standards. Such opinion shall be to the effect that the
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Company has complied in all material respects with the Minimum
Servicing Standards with respect to the mortgage loan portfolio
described in the Company's statement delivered pursuant to
Section 3.13(a) hereof or if there has been material
noncompliance with the Minimum Servicing Standards, shall contain
a description of such noncompliance in accordance with applicable
accounting standards. In rendering such report, such firm may
rely, as to matters relating to direct servicing of Mortgage
Loans by any primary servicer, upon comparable reports of
independent public accountants with respect to such primary
servicer.
Section 3.14. Access to Certain Documentation and
Information Regarding the Mortgage Loans. To the extent permitted
by applicable law, the Company shall provide to the Trustee,
Certificateholders which are regulated insurance entities and the
applicable insurance regulatory agencies thereof,
Certificateholders which are federally insured savings and loan
associations, the Office of Thrift Supervision, the FDIC and the
supervisory agents and examiners thereof access to the
documentation regarding the Mortgage Loans required by applicable
regulations of the Office of Thrift Supervision or of such
insurance regulatory agencies, as the case may be, such access
being afforded without charge but only upon reasonable request
and during normal business hours at the offices of the Company.
Nothing in this Section 3.14 shall derogate from the obligation
of the Company to observe any applicable law prohibiting
disclosure of information regarding the Mortgagors and the
failure of the Company to provide access as provided in this
Section 3.14 as a result of such obligation shall not constitute
a breach of this Section 3.14.
Section 3.15. Maintenance of Certain Servicing Policies.
The Company shall during the term of its service as servicer
maintain in force (i) a policy or policies of insurance covering
errors and omissions in the performance of its obligations as
servicer hereunder and (ii) a fidelity bond in respect of its
officers, employees or agents. Each such policy or policies and
bond shall, together, comply with the requirements from time to
time of FNMA for persons performing servicing for mortgage loans
purchased by such association.
Section 3.16. Optional Purchase of Defaulted Mortgage
Loans. The Company shall have the right, but not the obligation,
to purchase any Defaulted Mortgage Loan for a price equal to the
Purchase Price therefor. Any such purchase shall be accomplished
as provided in Section 4.04(a) hereof.
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions. (a) On each Distribution Date,
the Trustee shall withdraw the Available Funds from the
Certificate Account and shall make distributions to Holders of
the Certificates as of the preceding Record Date in the following
order of priority, to the extent of the remaining Available
Funds:
(i) to each Class of Senior Certificates (other than
any Class of Principal Only Certificates), the Accrued
Certificate Interest thereon for such Distribution Date;
provided, however, that Accrued Certificate Interest on the
Class A19 Certificates for such Distribution Date shall be
applied in the manner provided in Section 4.01(e); and
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provided further, that any shortfall in available amounts
shall be allocated among such Classes in proportion to the
amount of Accrued Certificate Interest that would otherwise
be distributable thereto (or added to the balance thereof);
(ii) to each Class of Senior Certificates (other than
any Class of Principal Only Certificates), any related
Unpaid Class Interest Shortfall for such Distribution Date;
provided, however, that any Unpaid Class Interest Shortfall
for the Class A19 Certificates for such Distribution Date
shall be applied in the manner provided in Section 4.01(e);
and provided further, that any shortfall in available
amounts shall be allocated among such Classes in proportion
to the Unpaid Class Interest Shortfall for each such Class
on such Distribution Date;
(iii) to the Classes of Senior Certificates in
reduction of the Class Certificate Principal Balances
thereof, as set forth in Exhibit O hereto without regard to
the use therein of the word "approximate" or any derivation
thereof; provided, however, that (1) references to the "PAC
Balances Table, " "Scheduled Balances Table" or "Aggregate
TAC Segment Balances Table" shall mean the "Principal
Balance Schedules", (2) defined terms used in Exhibit O
shall have the meanings assigned thereto in Article I
hereof or, in the case of the term "Group I Senior
Principal Distribution Amount," as defined in Exhibit O and
(3) the term "Group II Principal Distribution Amount" shall
mean the "Group II Senior Principal Distribution Amount";
(iv) to the Class PO Certificates, any Class PO
Deferred Amount for such Distribution Date, up to an amount
not to exceed the Junior Optimal Principal Amount for such
Distribution Date, until the Class Certificate Principal
Balance of such Class has been reduced to zero; provided,
that any such amounts distributed to the Class PO
Certificates pursuant to this clause (iv) shall not reduce
the Class Certificate Principal Balance thereof;
(v) to the Class M Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(vi) to the Class M Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date;
(vii) to the Class M Certificates, in reduction of the
Class Certificate Principal Balance thereof, such Class's
Allocable Share of the Junior Optimal Principal Amount on
such Distribution Date;
(viii) to the Class B1 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(ix) to the Class B1 Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date;
(x) to the Class B1 Certificates, in reduction of the
Class Certificate Principal Balance thereof, such Class's
Allocable Share of the Junior Optimal Principal Amount on
such Distribution Date;
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(xi) to the Class B2 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(xii) to the Class B2 Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date;
(xiii) to the Class B2 Certificates, in reduction of
the Class Certificate Principal Balance thereof, such
Class's Allocable Share of the Junior Optimal Principal
Amount on such Distribution Date;
(xiv) to the Class B3 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(xv) to the Class B3 Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date;
(xvi) to the Class B3 Certificates, in reduction of
the Class Certificate Principal Balance thereof, such
Class's Allocable Share of the Junior Optimal Principal
Amount on such Distribution Date;
(xvii) to the Class B4 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(xviii) to the Class B4 Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date;
(xix) to the Class B4 Certificates, in reduction of
the Class Certificate Principal Balance thereof, such
Class's Allocable Share of the Junior Optimal Principal
Amount on such Distribution Date;
(xx) to the Class B5 Certificates, the Accrued
Certificate Interest thereon for such Distribution Date;
(xxi) to the Class B5 Certificates, any Unpaid Class
Interest Shortfall therefor on such Distribution Date; and
(xxii) to the Class B5 Certificates, in reduction of
the Class Certificate Principal Balance thereof, such
Class's Allocable Share of the Junior Optimal Principal
Amount on such Distribution Date.
Notwithstanding the foregoing, amounts otherwise distributable
pursuant to clauses (vii), (x), (xiii), (xvi), (xix) and (xxii)
on any Distribution Date shall be reduced, in inverse order of
priority, by any amount distributed pursuant to clause (iv) on
such date, such that such amount distributed pursuant to clause
(iv) on such date shall be applied first to reduce the amount
distributable pursuant to clause (xxii), and then, to the extent
of any excess, applied second, to reduce the amount distributable
pursuant to clause (xix), third, to reduce the amount
distributable pursuant to clause (xvi), fourth, to reduce the
amount distributable pursuant to clause (xiii), fifth,
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to reduce the amount distributable pursuant to clause (x) and
sixth, to reduce the amount distributable pursuant to clause
(vii).
(b) On each Distribution Date, the Trustee shall distribute
to the holder of the Class R Certificate any remaining amounts in
the Upper Tier REMIC for such Distribution Date after application
of all amounts described in clause (a) of this Section 4.01,
together with any Unanticipated Recoveries received by the
Company in the calendar month preceding the month of such
Distribution Date and not distributed on such Distribution Date
to the holders of outstanding Certificates of any other Class
pursuant to Section 4.01(e). Any distributions pursuant to this
clause (b) shall not reduce the Class Certificate Principal
Balance of the Class R Certificate.
(c) If on any Distribution Date the Class Certificate
Principal Balances of the Junior Certificates have each been
reduced to zero, the amount distributable to the Senior
Certificates other than the Class PO Certificates pursuant to
Section 4.01(a)(iii) for such Distribution Date and each
succeeding Distribution Date shall be allocated among such
Classes of Senior Certificates, pro rata, on the basis of their
respective Class Certificate Principal Balances immediately prior
to such Distribution Date, regardless of the priorities and
amounts set forth in Section 4.01(a)(iii).
(d) If on any Distribution Date (i) the Class Certificate
Principal Balance of the Class M Certificates or any Class of
Class B Certificates for which the related Prepayment
Distribution Trigger was satisfied on such Distribution Date is
reduced to zero and (ii) amounts distributable pursuant to
clauses (ii), (iv) and (v) of the Junior Optimal Principal Amount
remain undistributed on such Distribution Date after all amounts
otherwise distributable on such date pursuant to clauses (iv)
through (xxii) of Section 4.01(a) have been distributed, such
amounts shall be distributed on such Distribution Date to the
remaining Classes of Junior Certificates in order of priority,
such that no such distribution shall be made to any Class of
Junior Certificates while a prior such Class is outstanding.
(e) On each Distribution Date through the Accretion
Termination Date, all or a portion of the amounts allocable to
the Class A19 Certificates pursuant to clauses (a)(i) and (a)(ii)
of this Section 4.01 shall not be distributable to the Class A19
Certificates pursuant to such clauses but shall instead be (i)
added to the Class Certificate Principal Balance thereof to the
extent of the Accrual Amount for such Distribution Date, and (ii)
distributed to the following Classes of Certificates, before any
distributions are made pursuant to Section 4.01(a)(iii), in the
following order of priority; provided, however, that no amounts
distributed pursuant to priorities first through fifth below
shall exceed the amount necessary to reduce the aggregate Class
Certificate Principal Balance of the Aggregate TAC Segment
Certificates to the Aggregate TAC Segment Balance for such
Distribution Date:
first, concurrently, to the Class A12, Class A13 and
Class A14 Certificates, 27.6504277906%, 7.1686295376% and
65.1809426718%, respectively, of the Accrual Amount, up to
the amount necessary to reduce the Class Certificate
Principal Balance of the Class A14 Certificates to its PAC
Balance for such Distribution Date;
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second, concurrently, to the Class A12, Class A13,
Class A15 and Class A16 Certificates, 27.6504277906%,
7.1686295376%, 51.7613368075% and 13.4196058643%,
respectively, of the remaining Accrual Amount, up to the
amount necessary to reduce the Class Certificate Principal
Balance of the Class A16 Certificates to its Scheduled
Balance for such Distribution Date;
third, concurrently, to the Class A12, Class A13,
Class A15, Class A17 and Class A18 Certificates,
27.6504277906%, 7.1686295376%, 51.7613368075%,
7.8237871701% and 5.5958186942%, respectively, of the
remaining Accrual Amount, until the Class Certificate
Principal Balances of the Class A17 and Class A18
Certificates have each been reduced to zero;
fourth, concurrently, to the Class A12, Class A13,
Class A15 and Class A16 Certificates, 27.6504277906%,
7.1686295376%, 51.7613368075% and 13.4196058643%,
respectively, of the remaining Class A19 Accrual Amount,
without regard to the Scheduled Balance of the Class A16
Certificates for such Distribution Date, until the Class
Certificate Principal Balances of Class A15 and Class A16
Certificates have each been reduced to zero;
fifth, concurrently, to the Class A12, Class A13 and
Class A14 Certificates, approximately 27.6504277906%,
7.1686295376% and 65.1809426718%, respectively, of the
remaining Accrual Amount, without regard to the PAC Balance
of the Class A14 Certificates for such Distribution Date,
until the Class Certificate Principal Balance of each such
Class has been reduced to zero; and
sixth, to the Class A19 Certificates, as Accrued
Certificate Interest thereon.
On each Distribution Date occurring after the
Accretion Termination Date, amounts allocable to the Class A19
Certificates pursuant to clauses (a)(i) and (a)(ii) of this
Section 4.01 shall be distributable on such Distribution Date
pursuant to such clauses to Holders of the Class A19 Certificates
as Accrued Certificate Interest.
(f) In the event that in any calendar month the Company
recovers an amount (an "Unanticipated Recovery") in respect of
principal of a Mortgage Loan which had previously been allocated
as a Realized Loss to any Class of Certificates pursuant to
Section 4.03, on the Distribution Date in the next succeeding
calendar month the Trustee shall withdraw from the Certificate
Account and distribute to the holders of each outstanding Class
to which such Realized Loss had previously been allocated its
share (determined as described in the succeeding paragraph) of
such Unanticipated Recovery in an amount not to exceed the amount
of such Realized Loss previously allocated to such Class. When
the Class Certificate Principal Balance of a Class of
Certificates has been reduced to zero, the holders of such Class
shall not be entitled to any share of an Unanticipated Recovery,
and such Unanticipated Recovery shall be allocated among all
outstanding Classes of Certificates entitled thereto in
accordance with the preceding sentence, subject to the remainder
of this subsection (e). In the event that (1) any Unanticipated
Recovery remains undistributed in accordance with the preceding
sentence or (ii) the amount of an Unanticipated Recovery exceeds
the amount of the Realized Loss previously allocated to any
outstanding Classes with respect to the related Mortgage Loan, on
the applicable Distribution
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Date the Trustee shall distribute to the holders of all
outstanding Classes of the related Certificates to which Realized
Losses had previously been allocated and not reimbursed their pro
rata share (determined as described below) of such excess in an
amount not to exceed the aggregate amount of any Realized Loss
previously allocated to such Class with respect to any other
Mortgage Loan that has not been recovered in accordance with
Section 4.01(e). Any distributions made pursuant to this Section
4.01(e) shall not reduce the Class Certificate Principal Balance
of the related Certificate.
For purposes of the preceding paragraph, the share of
an Unanticipated Recovery allocable to any Class of Certificates
with respect to a Mortgage Loan shall be (i) with respect to the
Class PO Certificates, based on the applicable PO Percentage of
the principal portion of the Realized Loss previously allocated
thereto with respect to such Mortgage Loan (or all Mortgage Loans
for purposes of the next to last sentence of the preceding
paragraph), and (ii) with respect to any other Class of
Certificates, based on its pro rata share (in proportion to the
Class Certificate Principal Balances thereof with respect to such
Distribution Date) of the applicable Non-PO Percentage of the
principal portion of any such Realized Loss previously allocated
with respect to such Mortgage Loan (or Loans); provided, however,
that (i) the share of an Unanticipated Recovery allocable to a
Class PO Certificate with respect to any Mortgage Loan (or Loans)
shall be reduced by the aggregate amount previously distributed
to such Class on account of the applicable Class PO Deferred
Amount in respect of such Mortgage Loan (or Loans) and (ii) the
amount by which the distributions to the Class PO Certificates
have been so reduced shall be distributed to the Classes of
Certificates described in clause (ii) of the preceding paragraph
in the same proportion as described in such clause (ii). For
purposes of the preceding sentence, any Class PO Deferred Amount
distributed to a Class PO Certificate on previous Distribution
Dates shall be deemed to have been allocated in respect of the
Mortgage Loans as to which the applicable PO Percentage of the
principal portion of Realized Losses has previously been
allocated to such Class on a pro rata basis (based on the amount
of Realized Losses so allocated).
Section 4.02. Method of Distribution. (a) All distributions
with respect to each Class of Certificates on each Distribution
Date shall be made pro rata among the outstanding Certificates of
such Class, based on the Percentage Interest in such Class
represented by each Certificate. Payments to the
Certificateholders on each Distribution Date will be made by the
Trustee to the Certificateholders of record on the related Record
Date (other than as provided in Section 9.01 respecting the final
distribution) by check or money order mailed to a
Certificateholder at the address appearing in the Certificate
Register, or upon written request by such Certificateholder to
the Trustee made not later than the applicable Record Date, by
wire transfer to a U.S. depository institution acceptable to the
Trustee, or by such other means of payment as such
Certificateholder and the Trustee shall agree.
(b) Each distribution with respect to a Book-Entry
Certificate shall be paid to the Depository, which shall credit
the amount of such distribution to the accounts of its Depository
Participants in accordance with its normal procedures. Each
Depository Participant shall be responsible for disbursing such
distribution to the Certificate Owners that it represents and to
each Financial Intermediary for which it acts as agent. Each
Financial Intermediary shall be responsible for disbursing funds
to the Certificate Owners that it represents. All such credits
and disbursements with respect to a Book-Entry Certificate are to
be made by the Depository and the
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Depository Participants in accordance with the provisions of the
applicable Certificates. Neither the Trustee nor the Company
shall have any responsibility therefor except as otherwise
provided by applicable law.
(c) The Trustee shall withhold or cause to be withheld such
amounts as it reasonably determines are required by the Code
(giving full effect to any exemptions from withholding and
related certifications required to be furnished by
Certificateholders or Certificate Owners and any reductions to
withholding by virtue of any bilateral tax treaties and any
applicable certification required to be furnished by
Certificateholders or Certificate Owners with respect thereto)
from distributions to be made to Non-U.S. Persons. If the Trustee
reasonably determines that a more accurate determination of the
amount required to be withheld for a distribution can be made
within a reasonable period after the scheduled date for such
distribution, it may hold such distribution in trust for a holder
of a Residual Certificate until such determination can be made.
For the purposes of this paragraph, a "Non-U.S. Person" is (i) an
individual other than a citizen or resident of the United States,
(ii) a partnership, corporation or entity treated as a
partnership or corporation for U.S. federal income tax purposes
not formed under the laws of the United States, any state thereof
or the District of Columbia (unless, in the case of a
partnership, Treasury regulations provide otherwise), (iii) any
estate, the income of which is not subject to U.S. federal income
taxation, regardless of source, and (iv) any trust, other than a
trust that a court within the United States is able to exercise
primary supervision over the administration of the trust and one
or more U.S. Persons have the authority to control all
substantial decisions of the trust.
Section 4.03. Allocation of Losses. (a) On or prior to each
Determination Date, the Company shall determine the amount of any
Realized Loss in respect of each Mortgage Loan that occurred
during the immediately preceding calendar month.
(b) With respect to any Distribution Date, the principal
portion of each Realized Loss (other than any Excess Loss) shall
be allocated as follows:
(i) the applicable PO Percentage of the principal
portion of any such Realized Loss shall be allocated to the
Class PO Certificates until the Class Certificate Principal
Balance thereof has been reduced to zero; and
(ii) the applicable Non-PO Percentage of the principal
portion of any such Realized Loss shall be allocated in the
following order of priority:
first, to the Class B5 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero;
second, to the Class B4 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero;
third, to the Class B3 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero;
fourth, to the Class B2 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero;
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fifth, to the Class B1 Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero;
sixth, to the Class M Certificates until the
Class Certificate Principal Balance thereof has been
reduced to zero; and
seventh, to the Classes of Senior Certificates
other than the Class PO Certificates, pro rata, in
accordance with their Class Certificate Principal
Balances; provided, that any such loss allocated to
any Class of Accrual Certificates (and any Accrual
Component) shall be allocated (subject to Section
4.03(d)) on the basis of the lesser of (x) the Class
Certificate Principal Balance (or Component Principal
Balance) thereof immediately prior to the applicable
Distribution Date and (y) the Class Certificate
Principal Balance (or Component Principal Balance)
thereof on the Closing Date (as reduced by any
Realized Losses previously allocated thereto).
(c) With respect to any Distribution Date, the principal
portion of any Excess Loss (other than Excess Bankruptcy Losses
attributable to Debt Service Reductions) shall be allocated as
follows: (1) the PO Percentage of any such loss shall be
allocated to the Class PO Certificates, and (2) the Non-PO
Percentage of any such loss shall be allocated to each Class of
Certificates other than the Class PO Certificates, pro rata,
based on the respective Class Certificate Principal Balances
thereof; provided, that any such loss allocated to any Class of
Accrual Certificates (and any Accrual Component) shall be
allocated (subject to Section 4.03(d)) on the basis of the lesser
of (x) the Class Certificate Principal Balance (or Component
Principal Balance) thereof immediately prior to the applicable
Distribution Date and (y) the Class Certificate Principal Balance
(or Component Principal Balance) thereof on the Closing Date (as
reduced by any Realized Losses previously allocated thereto).
(d) Any Realized Losses allocated to a Class of
Certificates pursuant to Section 4.03(b) or (c) shall be
allocated among the Certificates of such Class in proportion to
their respective Certificate Principal Balances. In addition, any
Realized Losses allocated to any Class of Component Certificates
on a Distribution Date shall be allocated in reduction of the
Component Principal Balances of the related Components (other
than any Notional Component) in proportion to their respective
Component Principal Balances immediately prior to such
Distribution Date. Any allocation of Realized Losses pursuant to
this paragraph (d) shall be accomplished by reducing the
Certificate Principal Balance (or, in the case of any Component,
the Component Principal Balance) of the related Certificates (or
Components) on the related Distribution Date in accordance with
Section 4.03(e).
(e) Realized Losses allocated in accordance with this
Section 4.03 shall be allocated on the Distribution Date in the
month following the month in which such loss was incurred and, in
the case of the principal portion thereof, after giving effect to
distributions made on such Distribution Date, except that the
aggregate amount of Realized Losses to be allocated to the Class
PO Certificates on such Distribution Date will be taken into
account in determining distributions in respect of any Class PO
Deferred Amount for such date.
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(f) On each Distribution Date, the Company shall determine
the Subordinate Certificate Writedown Amount, if any. Any such
Subordinate Certificate Writedown Amount shall effect a
corresponding reduction in the Certificate Principal Balance of
the Subordinate Certificates, which reduction shall occur on such
Distribution Date after giving effect to distributions made on
such Distribution Date.
(g) Notwithstanding the foregoing, no such allocation of
any Realized Loss shall be made on a Distribution Date to a Class
of Certificates to the extent that such allocation would result
in the reduction of the aggregate Certificate Principal Balances
of all the Certificates as of such Distribution Date, after
giving effect to all distributions and prior allocations of
Realized Losses on such date, to an amount less than the
aggregate Scheduled Principal Balance of the Mortgage Loans as of
the first day of the month of such Distribution Date, less any
Deficient Valuations occurring on or prior to the Bankruptcy
Coverage Termination Date (such limitation, the "Loss Allocation
Limitation").
(h) Any allocation of a Realized Loss to a Class of
Certificates (or Component), or of any Subordinate Certificate
Writedown Amount to a Class of Subordinate Certificates, pursuant
to this Section 4.03 shall effect a corresponding allocation
thereof to the corresponding Class of Lower Tier Interests and,
in the case of the principal portion of any such Realized Loss
and any such Subordinate Certificate Writedown Amount, a
corresponding reduction in the related Lower Tier Balance
thereof.
Section 4.04. Monthly Advances; Purchases of Defaulted
Mortgage Loans. (a) The Company shall be required to make Monthly
Advances in the manner and to the extent provided herein. Prior
to the close of business on each Determination Date, the Company
shall determine (i) the amount of the Monthly Advance which it is
required to make on the related Distribution Date and (ii)
whether it has elected to purchase any Defaulted Mortgage Loan or
Loans on such Distribution Date. If the Company so elects to
purchase any Defaulted Mortgage Loans (or is required to purchase
any Mortgage Loan pursuant to Section 2.02 or 2.03(a)), no
Monthly Advance shall be required with respect thereto for the
month in which such purchase occurs. The Company shall include
information as to each of such determinations in the Servicer's
Certificate furnished by it to the Trustee in accordance with
Section 4.06 and shall be obligated to transfer to the
Certificate Account pursuant to Section 3.02(d) on or before
11:00 a.m. New York time on the Business Day next preceding the
following Distribution Date in next-day funds the respective
amounts applicable to such determinations appearing in such
Servicer's Certificate. Upon receipt by the Trustee of written
notification signed by a Servicing Officer of any such deposit
relating to the purchase by the Company of such a Mortgage Loan,
the Trustee shall release to the Company the related Mortgage
File and shall execute and deliver such instruments of transfer
or assignment, in each case without recourse, as shall be
necessary to vest in the Company any Mortgage Loan released
pursuant hereto.
(b) In the event that the Company transfers or expects to
transfer less than the Available Funds required to be deposited
by it pursuant to Section 3.02(d), the Company shall so notify
the Trustee no later than 9:00 a.m. on the Business Day preceding
the related Distribution Date, and the amount so transferred, if
any, shall be deemed to have been transferred first pursuant to
clause (i) of the definition of Available Funds, second pursuant
to clause (iii) of the definition of Available Funds, and third
pursuant to clause (ii) of the definition of Available
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Funds. Such notice shall specify each Mortgage Loan delinquent as
of the preceding Determination Date. In such event, the Trustee
shall make any Monthly Advance required to be made hereunder, in
the manner and to the extent required; provided, the Trustee
shall not be so obligated if prohibited by applicable law.
(c) In the event that the Company is succeeded hereunder as
servicer, the obligation to make Monthly Advances in the manner
and to the extent required by Section 4.04(a) shall be assumed by
the successor servicer (subject to Section 7.02).
Section 4.05. Statements to Certificateholders. Each month,
at least two Business Days prior to each Distribution Date, the
Company shall deliver to the Trustee for mailing to each
Certificateholder, and the Trustee shall mail to each
Certificateholder on such Distribution Date, a statement (each, a
"Distribution Date Statement") substantially in the form of
Exhibit J hereto, setting forth:
(i) The amount of such distribution to the
Certificateholders of each Class (and in respect of any
Component), other than any Notional Certificates (and any
Notional Component), allocable to principal, separately
identifying the aggregate amount of any Principal
Prepayments included therein (including, for this purpose,
the Scheduled Principal Balances of all Defaulted Mortgage
Loans and Defective Mortgage Loans purchased pursuant to
Section 2.02, 2.03(b) or 3.16, respectively, and any
amounts deposited pursuant to Section 2.03(b) in connection
with the substitution of any Mortgage Loans pursuant to
Section 2.02 or 2.03(a), the proceeds of which purchases or
substitutions are being distributed on such Distribution
Date);
(ii) The amount of such distribution to the
Certificateholders of each Class (other than any Class of
Principal Only Certificates) allocable to interest,
including any Accrual Amount added to the Class Certificate
Principal Balance or Component Principal Balance of any
Class of Accrual Certificates or any Accrual Components;
(iii) The amount of servicing compensation paid to the
Company during the month preceding the month of
distribution in respect of the Mortgage Loans and such
other customary information as the Company deems necessary
or desirable to enable Certificateholders to prepare their
tax returns;
(iv) The Pool Scheduled Principal Balance and the
aggregate number of the Mortgage Loans on the preceding Due
Date after giving effect to all distributions allocable to
principal made on such Distribution Date;
(v) The Class Certificate Principal Balance (or
Notional Principal Balance) of each Class, the Component
Principal Balance of each Component and the Certificate
Principal Balance (or Notional Principal Balance) of a
Single Certificate of each Class after giving effect to (i)
all distributions allocable to principal (or reductions in
the Notional Principal Balance, in the case of the Notional
Certificates, or the addition of any Accrual Amount, in the
case of any Class of Accrual Certificates) made on such
Distribution Date and (ii) the allocation of any Realized
Losses and any Subordinate Certificate Writedown Amount for
such Distribution Date;
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(vi) The Pay-out Rate applicable to each Class of
Certificates;
(vii) The book value and unpaid principal balance of
any real estate acquired on behalf of Certificateholders
through foreclosure, or grant of a deed in lieu of
foreclosure or otherwise, of any REO Mortgage Loan, and the
number of the related Mortgage Loans;
(viii) The aggregate Scheduled Principal Balances and
number of Mortgage Loans which, as of the close of business
on the last day of the month preceding the related
Distribution Date, were (a) delinquent as to a total of (x)
30-59 days, (y) 60-89 days and (z) 90 days or more, and (b)
in foreclosure;
(ix) The Scheduled Principal Balance of any Mortgage
Loan replaced pursuant to Section 2.03(b);
(x) The Certificate Interest Rates of any LIBOR
Certificates and any COFI Certificates applicable to the
Interest Accrual Period relating to such Distribution Date
and such Class;
(xi) The Senior Percentage, the Group II Senior
Percentage, the Group II Senior Scheduled Distribution
Percentage and the Junior Percentage for such Distribution
Date;
(xii) The Senior Prepayment Percentage, the Group II
Senior Prepayment Distribution Percentage and the Junior
Prepayment Percentage for such Distribution Date; and
(xiii) The amount of such distribution to the
Certificateholders of each Class allocable to Unanticipated
Recoveries.
In the case of information furnished pursuant to
clauses (i) through (iii) above, the amounts shall be expressed
as a dollar amount per Single Certificate.
In connection with any proposed transfer of a
Certificate that is purported to be made in reliance on Rule 144A
under the Securities Act, the Company shall be responsible for
furnishing such information as may be required thereunder to a
proposed transferee. In furtherance of the Company's obligations
hereunder, the Company hereby instructs the Trustee, at the
Company's expense and on its behalf, and the Trustee agrees, to
promptly make available to the proposed transferee, upon request
of the holder, (i) all statements furnished to Certificateholders
pursuant to this Section 4.05(a) on previous Distribution Dates,
(ii) all certificates furnished to the Trustee pursuant to
Section 4.06 in prior months, (iii) Officer's Certificates
furnished to the Trustee pursuant to Section 3.12 for the two
years preceding such request, (iv) reports of independent
accountants furnished to the Trustee pursuant to Section 3.13 for
the two years preceding such request, (v) a copy of the Private
Placement Memorandum relating to such Certificate, together with
any amendments or supplements thereto issued by the Company
(which copy shall be furnished to the Trustee by the Company),
and (vi) the Company's Current Report on Form 8-K, dated the
Closing Date, relating to the Mortgage Loans; provided, however,
that the Trustee shall in no event be required to make available
such
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statements or certificates pursuant to clauses (i) and (ii)
above relating to Distribution Dates occurring more than
twenty-four months preceding the month in which such request was
received; provided, further, however, that notwithstanding the
Trustee's agreement as aforesaid to provide such materials to a
proposed transferee, the Trustee does not assume, and shall not
thereby be deemed to have assumed, any responsibility for
compliance by the Company with Rule 144A (subject to the
Trustee's agreement set forth in the second sentence of this
paragraph) and shall be entitled to include a notice with such
statements or certificates to the effect that such materials have
not been prepared or assembled by the Trustee and that the
Trustee assumes no responsibility for the adequacy, sufficiency
or contents thereof. In connection with any such proposed
transfer, the Company shall make available to the proposed
holder, at the request of the related transferor, such additional
information, if any, as may be required to be delivered pursuant
to Rule 144A(d)(4).
Section 4.06. Servicer's Certificate. Each month, not later
than the second Business Day next preceding each Distribution
Date, the Company shall deliver to the Trustee a completed
Servicer's Certificate.
Section 4.07. Reports of Foreclosures and Abandonments of
Mortgaged Property. The Trustee (or the Company on behalf of the
Trustee) shall, in each year beginning after 1998, make the
reports of foreclosures and abandonments of any Mortgaged
Property as required by section 6050J of the Code. In order to
facilitate this reporting process, the Company, on or before
January 15th of each year, shall provide to the Trustee reports
relating to each instance occurring during the previous calendar
year in which the Company (i) on behalf of the Trustee acquires
an interest in a Mortgaged Property through foreclosure or other
comparable conversion in full or partial satisfaction of a
Mortgage Loan, or (ii) knows or has reason to know that a
Mortgaged Property has been abandoned. Reports from the Company
shall be in form and substance sufficient to meet the reporting
requirements imposed by section 6050J of the Code.
Section 4.08. Reduction of Base Servicing Fees by
Compensating Interest Payments. The aggregate amount of the Base
Servicing Fees subject to retention by the Company as servicer in
respect of any Distribution Date shall be reduced by the amount
of any Compensating Interest Payment for such Distribution Date.
Section 4.09. Surety Bond. (a) If a Required Surety Payment
is payable pursuant to the Surety Bond with respect to any
Pledged Asset Mortgage Loan, the Company shall so notify the
Trustee as soon as reasonably practicable and shall, on behalf of
the Trustee for the benefit of the Certificateholders, promptly
complete the notice in the form of Attachment 1 to the Surety
Bond and shall promptly submit such notice to the Surety as a
claim for a Required Surety Payment.
(b) Upon receipt of a Required Surety Payment from the
Surety on behalf of the Certificateholders, the Company shall
promptly credit the Mortgage Loan Payment Record and shall
distribute such Required Surety Payment, or the proceeds thereof,
in accordance with the provisions of Section 4.01.
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ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates. (a) The Certificates shall
be substantially in the forms set forth in Exhibit A hereto, as
applicable, and shall, on original issue, be executed by the
Trustee, not in its individual capacity but solely as Trustee,
and countersigned and delivered by the Trustee to or upon the
order of the Company as provided in Article II.
(b) The Certificates shall be issued in an aggregate
Initial Certificate Principal Balance of $901,613,269.65. Such
aggregate original principal balance shall be divided among the
Classes having the designations, Class Certificate Principal
Balances, Certificate Interest Rates and minimum denominations as
follows:
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Initial Class
Certificate Certificate
Principal Interest Minimum
Designation Balance Rate Denominations
- ----------- ------------- ----------- -------------
Class A1 $51,008,000.00 6.75% 25,000
Class A2 29,552,000.00 6.75 25,000
Class A3 110,000,000.00 6.75 25,000
Class A4 100,000,000.00 6.75 25,000
Class A5 21,901,000.00 6.75 25,000
Class A6 40,997,000.00 6.25 25,000
Class A7 20,000,000.00 6.25 25,000
Class A8 30,000,000.00 6.25 25,000
Class A9 32,615,223.00 6.25 25,000
Class A10 35,317,777.00 (2) 25,000
Class A11 (1) (2) 417,000
Class A12 64,958,597.00 (2) 25,000
Class A13 16,841,118.00 (2) 25,000
Class A14 57,922,000.00 6.75 25,000
Class A15 75,604,991.00 (2) 25,000
Class A16 11,513,000.00 (2) 25,000
Class A17 4,715,570.00 (2) 25,000
Class A18 3,372,724.00 (2) 25,000
Class A19 19,134,000.00 6.75 25,000
Class A20 36,642,750.00 (2) 25,000
Class A21 12,214,250.00 (2) 25,000
Class A22 27,794,118.00 (2) 25,000
Class A23 7,205,882.00 (2) 25,000
Class A24 38,395,000.00 6.75 25,000
Class A25 12,453,750.00 (2) 25,000
Class A26 4,151,250.00 (2) 25,000
Class PO 1,238,414.03 0.00 250,000
Class M 16,680,000.00 6.75 100,000
Class B1 7,213,000.00 6.75 100,000
Class B2 4,057,000.00 6.75 100,000
Class B3 3,606,500.00 6.75 250,000
Class B4 1,803,000.00 6.75 250,000
Class B5 2,705,155.62 6.75 250,000
Class R 100.00 6.75 100
Class RL 100.00 6.75 100
- ----------------------.
(1) The Class A11 Certificates are issued with an initial
Notional Principal Balance of $35,317,777.00.
(2) The Certificate Interest Rates of the Class A10, Class A11,
Class A12, Class A13, Class A15, Class A16, Class A17, Class
A18, Class A20, Class A21, Class A22, Class A23, Class A25
and Class A26 Certificates for each Interest Accrual Period
shall be determined as provided in Section 5.01(e).
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(c) The Certificates shall be issuable in registered form
only. The Book-Entry Certificates will be evidenced by one or
more certificates, beneficial ownership of which will be held in
the minimum dollar denominations in Certificate Principal Balance
or Notional Principal Balance, as applicable, specified in
Section 5.01(b), and integral multiples of $1,000 in excess
thereof. The Non-Book-Entry Certificates other than each Class of
the Residual Certificates shall each be issued in the minimum
dollar denominations in Certificate Principal Balance or Notional
Principal Balance, as applicable, specified in Section 5.01(b),
and integral multiples of $1,000 in excess thereof (and, if
necessary, in the amount of the remaining Class Certificate
Principal Balance or Notional Principal Balance, as applicable,
of each Class, in the case of one Certificate of such Class).
Each Class of the Residual Certificates shall be issued as a
single certificate evidencing the entire Class Certificate
Principal Balance of such Class and having a Percentage Interest
of 100%. If necessary, one Certificate of each Class of
Book-Entry Certificates may evidence an additional amount equal
to the remainder of the Class Certificate Principal Balance (or
Notional Principal Balance) of such Class.
(d) The Certificates shall be executed by manual or
facsimile signature on behalf of the Trustee by an authorized
officer under its seal, which may be in facsimile form and be
imprinted or otherwise reproduced thereon. Certificates bearing
the manual or facsimile signatures of individuals who were, at
the time when such signatures were affixed, authorized to sign on
behalf of the Trustee shall bind the Trustee, notwithstanding
that such individuals or any of them have ceased to be so
authorized prior to the authentication and delivery of such
Certificates or did not hold such offices at the date of such
Certificate. No Certificate shall be entitled to any benefit
under this Agreement, or be valid for any purpose, unless such
Certificate shall have been manually countersigned by the Trustee
substantially in the forms set forth in Exhibit A hereto, and
such countersignature upon any Certificate shall be conclusive
evidence, and the only evidence, that such Certificate has been
duly executed and delivered hereunder. All Certificates issued on
the Closing Date shall be dated the Closing Date; all
Certificates issued thereafter shall be dated the date of their
countersignature.
(e) During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A10 Certificates shall be
5.956250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A10 Certificates shall
be a per annum rate equal to the lesser of (i) 0.300% plus LIBOR
and (ii) 8.500000%, subject to a minimum rate of 0.300%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A11 Certificates shall be
2.543750% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A11 Certificates shall
be a per annum rate equal to the lesser of (i) 8.200% minus
LIBOR, and (ii) 8.200000%, subject to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A12 Certificates shall be
6.056250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A12 Certificates shall
be a per annum rate equal to the lesser of (i) 0.400% plus LIBOR
and (ii) 8.500000%, subject to a minimum rate of 0.400%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A13 Certificates shall be
9.425892% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A13 Certificates shall
be a per annum rate equal to the
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lesser of (i) 31.242857% minus the product of 3.857143 and LIBOR,
and (ii) 31.242857%, subject to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A15 Certificates shall be
6.156250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A15 Certificates shall
be a per annum rate equal to the lesser of (i) 0.500% plus LIBOR
and (ii) 8.500%, subject to a minimum rate of 0.500%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A16 Certificates shall be
9.040178% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A16 Certificates shall
be a per annum rate equal to the lesser of (i) 30.857143% minus
the product of 3.857143 and LIBOR, and (ii) 30.857143%, subject
to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A17 Certificates shall be
8.890105% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A17 Certificates shall
be a per annum rate equal to the lesser of (i) 46.311244% minus
the product of 6.615892 and LIBOR, and (ii) 46.311244%, subject
to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A18 Certificates shall be
9.250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A18 Certificates shall
be a per annum rate equal to the lesser of (i) 74.000000% minus
the product of 9.250000 and LIBOR, and (ii) 9.250000%, subject to
a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A20 Certificates shall be
6.456250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A20 Certificates shall
be a per annum rate equal to the lesser of (i) 0.800% plus LIBOR
and (ii) 9.000000%, subject to a minimum rate of 0.800%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A21 Certificates shall be
7.631250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A21 Certificates shall
be a per annum rate equal to the lesser of (i) 24.600000% minus
the product of 3.000000 and LIBOR, and (ii) 24.600000%, subject
to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A22 Certificates shall be
6.406250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A22 Certificates shall
be a per annum rate equal to the lesser of (i) 0.750% plus LIBOR
and (ii) 8.500000%, subject to a minimum rate of 0.750%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A23 Certificates shall be
8.075894% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A23 Certificates shall
be a per annum rate equal to the lesser of (i) 29.892859% minus
the product of 3.857143 and LIBOR, and (ii) 29.892859%, subject
to a minimum rate of 0.00%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A25 Certificates shall be
6.456250% per annum. For each subsequent Interest Accrual Period,
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the Certificate Interest Rate of the Class A25 Certificates shall
be a per annum rate equal to the lesser of (i) 0.800% plus LIBOR
and (ii) 9.000000%, subject to a minimum rate of 0.800%.
During the first Interest Accrual Period, the
Certificate Interest Rate of the Class A26 Certificates shall be
7.631250% per annum. For each subsequent Interest Accrual Period,
the Certificate Interest Rate of the Class A26 Certificates shall
be a per annum rate equal to the lesser of (i) 24.600000% minus
the product of 3.000000 and LIBOR, and (ii) 24.600000%, subject
to a minimum rate of 0.00%.
Section 5.02. Registration of Transfer and Exchange of
Certificates. (a) The Trustee shall cause to be kept at an office
or agency in the city in which the Corporate Trust Office of the
Trustee is located or in the City of New York, New York a
Certificate Register in which, subject to such reasonable
regulations as it may prescribe, the Trustee shall provide for
the registration of Certificates and of transfers and exchanges
of Certificates as herein provided. The Trustee shall initially
serve as Certificate Registrar for the purpose of registering
Certificates and transfers and exchanges of Certificates as
herein provided.
Subject to Sections 5.02(b) and 5.02(c), upon
surrender for registration of transfer of any Certificate at the
Corporate Trust Office, the Trustee shall execute, authenticate
and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of the same Class in
authorized denominations of a like Percentage Interest.
At the option of a Certificateholder, Certificates may
be exchanged for other Certificates of authorized denominations
of a like Class and Percentage Interest, upon surrender of the
Certificates to be exchanged at any such office or agency.
Whenever any Certificates are so surrendered for exchange the
Trustee shall execute, countersign and deliver the Certificates
which the Certificateholder making the exchange is entitled to
receive. Every Certificate presented or surrendered for
registration of transfer or exchange shall be accompanied by a
written instrument of transfer in form satisfactory to the
Trustee and the Certificate Registrar duly executed by the Holder
thereof or his attorney duly authorized in writing.
No service charge shall be made for any registration
of transfer or exchange of Certificates, but the Trustee may
require payment of a sum sufficient to cover any tax or
governmental charge that may be imposed in connection with any
transfer or exchange of Certificates.
All Certificates surrendered for registration of
transfer and exchange shall be canceled and subsequently
destroyed by the Trustee and a certificate of destruction shall
be delivered by the Trustee to the Company.
(b) No legal or beneficial interest in all or any portion
of the Residual Certificates may be transferred directly or
indirectly to (i) Disqualified Organization or an agent of a
Disqualified Organization (including a broker, nominee, or
middleman), (ii) an entity that holds REMIC residual securities
as nominee to facilitate the clearance and settlement of such
securities through electronic book-entry changes in accounts of
participating organizations (a "Book-Entry Nominee"), or (iii) an
individual, corporation, partnership or other person unless such
transferee (A) is not a Non-U.S. Person or (B) is a Non-U.S.
Person that holds a Residual Certificate in connection with the
conduct of a trade or business within the United States and has
furnished the
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transferor and the Trustee with an effective Internal Revenue
Service Form 4224 or (C) is a Non-U.S. Person that has delivered
to both the transferor and the Trustee an opinion of a nationally
recognized tax counsel to the effect that the transfer of a
Residual Certificate to it is in accordance with the requirements
of the Code and the regulations promulgated thereunder and that
such transfer of a Residual Certificate will not be disregarded
for federal income tax purposes (any such person who is not
covered by clause (A), (B) or (C) above being referred to herein
as a "Non-permitted Foreign Holder"), and any such purported
transfer shall be void and have no effect. The Trustee shall not
execute, and shall not authenticate and deliver, a Residual
Certificate in connection with any transfer thereof unless the
transferor shall have provided to the Trustee an affidavit,
substantially in the form attached as Exhibit F hereto, signed by
the transferee, to the effect that the transferee is not such a
Disqualified Organization, an agent (including a broker, nominee,
or middleman) for any entity as to which the transferee has not
received a substantially similar affidavit, a Book-Entry Nominee
or a Non-permitted Foreign Holder, which affidavit shall contain
the consent of the transferee to any such amendments of this
Agreement as may be required to further effectuate the foregoing
restrictions on transfer of the Residual Certificates to
Disqualified Organizations, Book-Entry Nominees or Non-permitted
Foreign Holders, and an agreement by the Transferee that it will
not transfer a Residual Certificate without providing to the
Trustee an affidavit substantially in the form attached as
Exhibit F hereto and a letter substantially in the form attached
as Exhibit G hereto. Such affidavit shall also contain the
statement of the transferee that (i) it does not have the
intention to impede the assessment or collection of any federal,
state or local taxes legally required to be paid with respect to
the Residual Certificates and (ii) it understands that it may
incur tax liabilities in excess of cash flows generated by a
Residual Certificate and that it intends to pay taxes associated
with holding a Residual Certificate as they become due.
The affidavit described in the preceding paragraph, if
not executed in connection with the initial issuance of the
Residual Certificates, shall be accompanied by a written
statement in the form attached as Exhibit G hereto, signed by the
transferor, to the effect that as of the time of the transfer,
the transferor has (i) no actual knowledge that the transferee is
a Disqualified Organization, Book-Entry Nominee or Non-permitted
Foreign Holder, (ii) no reason to believe that the transferee has
the intention to impede the assessment or collection of any
federal, state or local taxes legally required to be paid with
respect to a Residual Certificate, and (iii) conducted a
reasonable investigation and found that the transferee had
historically paid its debts as they came due and found no
significant evidence to indicate that the transferee will not
continue to pay its debts as they become due. The Residual
Certificates shall bear a legend referring to the foregoing
restrictions contained in this paragraph and the preceding
paragraph.
Upon notice to the Company that any legal or
beneficial interest in any portion of the Residual Certificates
has been transferred, directly or indirectly, to a Disqualified
Organization or agent thereof (including a broker, nominee, or
middleman) in contravention of the foregoing restrictions, (i)
such transferee shall be deemed to hold the Residual Certificate
in constructive trust for the last transferor who was not a
Disqualified Organization or agent thereof, and such transferor
shall be restored as the owner of such Residual Certificate as
completely as if such transfer had never occurred, provided that
the Company may, but is not required to, recover any
distributions made to such transferee with respect to the
Residual Certificate and return such recovery to the transferor,
and (ii) the Company agrees to furnish to the Internal Revenue
Service and to any transferor of the Residual Certificate or such
agent
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(within 60 days of the request therefor by the transferor or
agent) such information necessary to the application of section
860E(e) of the Code as may be required by the Code, including but
not limited to the present value of the total anticipated excess
inclusions with respect to the Residual Certificate (or portion
thereof) for periods after such transfer. At the election of the
Company, the cost to the Company of computing and furnishing such
information may be charged to the transferor or such agent
referred to above; however, the Company shall in no event be
excused from furnishing such information.
The restrictions on transfers of the Residual
Certificates set forth in the preceding three paragraphs shall
cease to apply to transfers (and the applicable portions of the
legend to the Residual Certificates may be deleted) after
delivery to the Trustee of an Opinion of Counsel to the effect
that the elimination of such restrictions will not cause either
of the Upper Tier REMIC or the Lower Tier REMIC established
hereunder to fail to qualify as a REMIC at any time that the
Certificates are outstanding.
No transfer of a Restricted Certificate shall be made
unless such transfer is made pursuant to an effective
registration statement under the Securities Act of 1933, as
amended (the "Act"), and any applicable state securities laws, in
each case as evidenced by an Officer's Certificate, or is exempt
from the registration requirements of the Act and any applicable
state securities laws. In the event of such registration, any
restrictive legends set forth in the form of the relevant
Restricted Certificate in Exhibit A hereto with respect to the
Act and state securities law restrictions shall be removed by the
Trustee upon request of the Holder thereof and automatically upon
exchange or registration of transfer thereof. As a condition to
any transfer that is to be made in reliance upon an exemption
from the Act and such laws of a (i) Class PO Certificate or (ii)
Restricted Junior Certificate to any person other than a QIB (as
certified by the proposed transferee in the form of assignment
attached to the related Certificate), either (x) the Trustee
shall require the transferee to execute an investment letter in
the form substantially as set forth in Exhibit I hereto or in
such other form as may be acceptable to the Trustee, certifying
as to the facts surrounding such transfer, or (y) in lieu of such
investment letter, the Trustee may accept a written Opinion of
Counsel (in form and substance acceptable to the Trustee) that
such proposed transfer may be made pursuant to an exemption from
the Act. As an additional condition to any transfer of a
Restricted Certificate, either (i) the transferor and the
transferee shall complete the form of assignment attached to the
Certificate proposed to be transferred, or (ii) the Trustee shall
have received the above-referenced Opinion of Counsel. The holder
of any Restricted Certificate desiring to effect the transfer
thereof to a person other than a QIB shall, and hereby agrees to,
comply with any applicable conditions set forth in the preceding
two sentences and indemnify the Trustee and the Company against
any liability that may result if the transfer thereof is not so
exempt or is not made in accordance with such federal and state
laws. Such agreement to so indemnify the Trustee and the Company
shall survive the termination of this Agreement. Notwithstanding
the foregoing, no Opinion of Counsel or investment letter shall
be required upon the original issuance of (i) the Restricted
Junior Certificates to the Initial Purchaser (as defined in the
Private Placement Memorandum) or its nominee and (ii) the Class
PO Certificates to the Company or upon any subsequent transfer of
any Class PO Certificate by the Company, provided that if any
Restricted Junior Certificates are, at the request of the Initial
Purchaser, registered in the name of its nominee, the Initial
Purchaser shall be deemed to acknowledge and agree with the
Company and the Trustee that no transfer of a beneficial interest
in such Certificates will be made without registering such
Certificates in the name of the
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transferee, which shall be a Person other than such nominee. Any
opinion or letter required pursuant to this paragraph shall not
be at the expense of the Trust Fund or the Trustee.
(c) (i) No transfer of an ERISA-Restricted Certificate in
the form of a Definitive Certificate shall be made to any Person
unless the Trustee has received (A) a certificate (substantially
in the form of Exhibit E or such other form as is acceptable to
the Company and the Trustee) from such transferee to the effect
that such transferee (i) is not a Plan or a Person that is using
the assets of a Plan to acquire such ERISA-Restricted Certificate
or (ii) is an insurance company investing assets of its general
account and the exemptions provided by Section III(a) of
Department of Labor Prohibited Transaction Class Exemption 95-60,
60 Fed. Reg. 35925 (July 12, 1995) (the "Exemptions") apply to
the transferee's acquisition and holding of any ERISA-Restricted
Certificate or (B) an opinion of counsel satisfactory to the
Trustee and the Company to the effect that the purchase and
holding of such a Certificate will not constitute or result in
the assets of the Trust Fund being deemed to be "plan assets"
subject to the prohibited transactions provisions of ERISA or
Section 4975 of the Code and will not subject the Trustee or the
Company to any obligation in addition to those undertaken in the
Agreement; provided, however, that the Trustee will not require
such certificate or opinion in the event that, as a result of a
change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and
holding of an ERISA-Restricted Certificate by a Plan or a Person
that is purchasing or holding such a Certificate with the assets
of a Plan will not constitute or result in a prohibited
transaction under ERISA or Section 4975 of the Code. The
preparation and delivery of the certificate and opinions referred
to above shall not be an expense of the Trust Fund, the Trustee
or the Company. Notwithstanding the foregoing, no opinion or
certificate shall be required for the initial issuance of the
ERISA-Restricted Certificates.
(ii) No transfer of a Residual Certificate shall be
made to any Person unless the Trustee has received a
certification (substantially in the form of paragraph 4 of
Exhibit F) from such transferee to the effect that, among other
things, such transferee is not a Plan or a Person that is using
the assets of a Plan to acquire any such Certificate. The
preparation and delivery of such certificate shall not be an
expense of the Trust Fund, the Trustee or the Company.
(d) Subject to Section 8.01(i) hereof, the Trustee may
conclusively rely upon any certificate, affidavit or opinion
delivered pursuant to Section 5.02(b) or (c). Any certificate or
affidavit required to be delivered by a transferee under this
Section 5.02 may be executed and delivered in the name of such
transferee by its attorney-in-fact duly authorized in writing in
form and substance satisfactory to the Trustee.
(e) Except as to any additional Certificate of any Class of
Book-Entry Certificates held in physical certificated form
pursuant to Section 5.02(g) or any Restricted Junior Certificate
of any Class of Book-Entry Certificates that is transferred to an
entity other than a QIB, the Book-Entry Certificates shall,
subject to Section 5.02(f), at all times remain registered in the
name of the Depository or its nominee and at all times: (i)
registration thereof may not be transferred by the Trustee except
to another Depository; (ii) the Depository shall maintain
book-entry records with respect to the Certificate Owners and
with respect to ownership and transfers of such Certificates;
(iii) ownership and transfers of registration of the Certificates
issued in book-entry form on the books of the Depository shall be
governed by applicable rules established
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by the Depository and the rights of Certificate Owners with
respect to Book-Entry Certificates shall be governed by
applicable law and agreements between such Certificate Owners and
the Depository, Depository Participants, and indirect
participating firms; (iv) the Depository may collect its usual
and customary fees, charges and expenses from its Depository
Participants; (v) the Trustee shall deal with the Depository,
Depository Participants and indirect participating firms as
authorized representatives of the Certificate Owners of the
Certificates issued in book-entry form for all purposes including
the making of payments due on the Book-Entry Certificates and
exercising the rights of Holders under this Agreement, and
requests and directions for and votes of such representatives
shall not be deemed to be inconsistent if they are made with
respect to different Certificate Owners; (vi) the Trustee may
rely and shall be fully protected in relying upon information
furnished by the Depository with respect to its Depository
Participants and furnished by the Depository Participants with
respect to indirect participating firms and persons shown on the
books of such indirect participating firms as direct or indirect
Certificate Owners; (vii) Certificate Owners shall not be
entitled to certificates for the Book-Entry Certificates and
(viii) the Trustee may establish a reasonable record date in
connection with solicitations of consents from or voting by
Certificateholders and give notice to the Depository of such
record date.
All transfers by Certificate Owners of Book-Entry
Certificates shall be made in accordance with the procedures
established by the Depository Participant or brokerage firm
representing such Certificate Owner. Each Depository Participant
shall only transfer Book-Entry Certificates of Certificate Owners
it represents or of brokerage firms for which it acts as agent in
accordance with the Depository's normal procedures. Except as
provided herein, the Trustee shall have no duty to monitor or
restrict the transfer of Certificates or interests therein, and
shall have no liability for any transfer, including any transfer
made through the book-entry facilities of the Depository or
between or among Depository Participants or Certificate Owners,
made in violation of applicable restrictions set forth herein,
except in the event of the failure of the Trustee to perform its
duties and fulfill its obligations under this Agreement.
(f) If (x)(i) the Company or the Depository advises the
Trustee in writing that the Depository is no longer willing,
qualified or able to properly discharge its responsibilities as
Depository, and (ii) the Trustee or the Company is unable to
locate a qualified successor, (y) the Company at its option
advises the Trustee in writing that it elects to terminate the
book-entry system through the Depository or (z) after the
occurrence of an Event of Default, Certificate Owners
representing not less than 51% of the aggregate Voting Rights
allocated to the Book-Entry Certificates together advise the
Trustee and the Depository through the Depository Participants in
writing that the continuation of a book-entry system through the
Depository is no longer in the best interests of the Certificate
Owners, the Trustee shall notify all Certificate Owners, through
the Depository, of the occurrence of any such event and of the
availability of Definitive Certificates to Certificate Owners
requesting the same. Upon surrender to the Trustee of such
Certificates by the Depository, accompanied by registration
instructions from the Depository for registration, the Trustee
shall issue the Definitive Certificates. Neither the Company nor
the Trustee shall be liable for any delay in delivery of such
instructions and may conclusively rely on, and shall be protected
in relying on, such instructions. Upon the issuance of Definitive
Certificates all references herein to obligations imposed upon or
to be performed by the Depository shall be deemed to be imposed
upon and performed by the Trustee, to the extent
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applicable with respect to such Definitive Certificates and the
Trustee shall recognize the Holders of the Definitive
Certificates as Certificateholders hereunder.
(g) On or prior to the Closing Date, there shall be
delivered to the Depository (or to State Street Bank and Trust
Company acting as custodian for the Depository pursuant to the
Depository's procedures) one certificate for each Class of
Book-Entry Certificates registered in the name of the
Depository's nominee, Cede & Co. The face amount of each such
Certificate shall represent 100% of the initial Class Certificate
Principal Balance thereof, except for such amount that does not
constitute an acceptable denomination to the Depository. An
additional Certificate of each Class of Book-Entry Certificates
may be issued evidencing such remainder and, if so issued, will
be held in physical certificated form by the Holders thereof.
Each Certificate issued in book-entry form shall bear the
following legend:
"Unless this Certificate is presented by an authorized
representative of The Depository Trust Company, a New York
corporation ("DTC"), to Issuer or its agent for registration of
transfer, exchange, or payment, and any certificate issued is
registered in the name of Cede & Co. or in such other name as
requested by an authorized representative of DTC (and any payment
is made to Cede & Co. or to such other entity as is requested by
an authorized representative of DTC), ANY TRANSFER, PLEDGE OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has
an interest herein."
Section 5.03. Mutilated, Destroyed, Lost or Stolen
Certificates. If (a) any mutilated Certificate is surrendered to
the Certificate Registrar, or the Certificate Registrar receives
evidence to its satisfaction of the destruction, loss or theft of
any Certificate and (b) there is delivered to the Company, the
Certificate Registrar and the Trustee such security or indemnity
as may be required by them to save each of them harmless, then,
in the absence of notice to the Certificate Registrar or the
Trustee that such Certificate has been acquired by a bona fide
purchaser, the Trustee shall execute, countersign and deliver, in
exchange for or in lieu of any such mutilated, destroyed, lost or
stolen Certificate, a new Certificate of like tenor, Class and
Percentage Interest. In connection with the issuance of any new
Certificate under this Section 5.03, the Trustee may require the
payment of a sum sufficient to cover any tax or other
governmental charge that may be imposed in relation thereto and
any other expenses (including the fees and expenses of the
Trustee and the Certificate Registrar) connected therewith. Any
duplicate Certificate issued pursuant to this Section 5.03 shall
constitute complete and indefeasible evidence of ownership in the
Trust Fund, as if originally issued, whether or not the lost,
stolen or destroyed Certificate shall be found at any time.
Section 5.04. Persons Deemed Owners. Prior to due
presentation of a Certificate for registration of transfer, the
Company, the Trustee, the Certificate Registrar and any agent of
the Company, the Trustee or the Certificate Registrar may treat
the person in whose name any Certificate is registered as the
owner of such Certificate for the purpose of receiving
distributions pursuant to Section 4.01 and for all other purposes
whatsoever, and neither the Company, the Trustee, the Certificate
Registrar nor any agent of the Company, the Trustee or the
Certificate Registrar shall be affected by any notice to the
contrary.
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Section 5.05. Access to List of Certificateholders' Names
and Addresses. The Certificate Registrar will furnish or cause to
be furnished to the Company, within 15 days after receipt by the
Certificate Registrar of request therefor from the Company in
writing, a list, in such form as the Company may reasonably
require, of the names and addresses of the Certificateholders as
of the most recent Record Date for payment of distributions to
Certificateholders. If three or more Certificateholders
(hereinafter referred to as "applicants") apply in writing to the
Trustee, and such application states that the applicants desire
to communicate with other Certificateholders with respect to
their rights under this Agreement or under the Certificates and
is accompanied by a copy of the communication which such
applicants propose to transmit, then the Trustee shall, within
five Business Days after the receipt of such application, afford
such applicants access during normal business hours to the most
recent list of Certificateholders held by the Trustee. If such
list is as of a date more than 90 days prior to the date of
receipt of such applicants' request, the Trustee shall promptly
request from the Certificate Registrar a current list as provided
above, and shall afford such applicants access to such list
promptly upon receipt. Every Certificateholder, by receiving and
holding a Certificate, agrees with the Certificate Registrar and
the Trustee that neither the Certificate Registrar nor the
Trustee shall be held accountable by reason of the disclosure of
any such information as to the names and addresses of the
Certificateholders hereunder, regardless of the source from which
such information was derived.
Section 5.06. Representation of Certain Certificateholders.
The fiduciary of any Plan which becomes a Holder of a
Certificate, by virtue of its acceptance of such Certificate,
will be deemed to have represented and warranted to the Trustee
and the Company that such Plan is an "accredited investor" as
defined in Rule 501(a)(1) of Regulation D promulgated by the
Securities and Exchange Commission under the Securities Act of
1933.
Section 5.07. Determination of COFI. (a) If the outstanding
Certificates include any COFI Certificates, then on each COFI
Determination Date the Trustee shall determine the value of COFI
on the basis of the most recently available Information Bulletin
referred to in the definition of "COFI". The establishment of
COFI by the Trustee and the Trustee's subsequent calculation of
the rates of interest applicable to the COFI Certificates for
each Interest Accrual Period shall (in the absence of manifest
error) be final and binding. During each Interest Accrual Period,
the Certificate Interest Rate for the COFI Certificates for the
current and immediately preceding Interest Accrual Period shall
be made available by the Trustee to Certificate Owners and
Certificateholders at the following telephone number: (617)
664-5500.
(b) The failure by the Federal Home Loan Bank of San
Francisco to publish COFI for a period of 65 calendar days will
constitute an "Alternative Rate Event" for purposes hereof. Upon
the occurrence of an Alternative Rate Event, the Company will
calculate the Certificate Interest Rates for the COFI
Certificates for the subsequent Interest Accrual Periods by
using, in place of COFI, (i) the replacement index, if any,
published or designated by the Federal Home Loan Bank of San
Francisco or (ii) if no replacement index is so published or
designated, an alternative index to be selected by the Company
that has performed, or that the Company expects to perform, in a
manner substantially similar to COFI. At the time an alternative
index is first selected by the Company, the Company shall
determine the average number of basis points, if any, by which
the alternative index differed from COFI for such period as the
Company, in its sole discretion, reasonably determines to reflect
fairly the long-term difference between COFI
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and the alternative index, and shall adjust the alternative index
by such average. The Company shall select a particular index as
an alternative only if it receives an Opinion of Counsel to the
effect that the selection of such index will not cause any REMIC
established hereunder to fail to qualify as a REMIC for federal
income tax purposes. In the absence of manifest error, the
selection of any alternative index as provided by this Section
5.07(b) shall be final and binding for each subsequent Interest
Accrual Period. Upon the occurrence of an Alternative Rate Event,
the Trustee shall have no responsibility for the determination of
any alternative index or the calculation of the Certificate
Interest Rates for the COFI Certificates.
(c) If at any time after the occurrence of an Alternative
Rate Event the Federal Home Loan Bank of San Francisco resumes
publication of COFI, the Certificate Interest Rates for the COFI
Certificates for each Interest Accrual Period commencing
thereafter will be calculated by reference to COFI.
Section 5.08. Determination of LIBOR. (a) If the
outstanding Certificates include any LIBOR Certificates, then on
each LIBOR Determination Date the Trustee shall determine LIBOR
for the related Interest Accrual Period as such rate equal to the
Interest Settlement Rate. If such rate does not appear on the
Designated Telerate Page as of 11:00 a.m., London time, on the
applicable LIBOR Determination Date:
(i) The Trustee will request the principal London
office of each Reference Bank (as defined in Section
5.08(e)) to provide such bank's offered quotation
(expressed as a percentage per annum) to prime banks in the
London interbank market for one-month U.S. Dollar deposits
as of 11:00 a.m., London time, on the applicable LIBOR
Determination Date.
(ii) If on any LIBOR Determination Date, two or more
of the Reference Banks provide such offered quotations,
LIBOR for the next Interest Accrual Period will be the
arithmetic mean of such offered quotations (rounding such
arithmetic mean upwards, if necessary, to the nearest whole
multiple of 1/16%). If on any LIBOR Determination Date only
one or none of the Reference Banks provide such offered
quotations, LIBOR for the next Interest Accrual Period will
be the rate per annum the Trustee determines to be the
arithmetic mean (rounding such arithmetic mean upwards, if
necessary, to the nearest whole multiple of 1/16%) of the
one-month Eurodollar lending rate that three major banks in
New York City selected by the Trustee are quoting as of
approximately 11:00 a.m., New York City time, on the first
day of the applicable Interest Accrual Period.
(iii) If on any LIBOR Determination Date the Trustee
is required but unable to determine LIBOR in the manner
provided in subparagraph (ii) of this Section 5.08(a),
LIBOR for the next Interest Accrual Period will be LIBOR as
determined on the previous LIBOR Determination Date, or, in
the case of the first LIBOR Determination Date, the Initial
LIBOR Rate.
(b) The establishment of LIBOR by the Trustee and the
Trustee's subsequent calculation of the Certificate Interest
Rates applicable to the LIBOR Certificates for the relevant
Interest Accrual Period, in the absence of manifest error, will
be final and binding.
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(c) Within five Business Days of the Trustee's calculation
of the Certificate Interest Rates of the LIBOR Certificates, the
Trustee shall furnish to the Company by telecopy (or by such
other means as the Trustee and the Company may agree from time to
time) such Certificate Interest Rates.
(d) The Trustee shall provide to Certificateholders who
inquire of it by telephone the Certificate Interest Rates of the
LIBOR Certificates for the current and immediately preceding
Interest Accrual Period.
(e) As used herein, "Reference Banks" shall mean no more
than four leading banks engaged in transactions in Eurodollar
deposits in the international Eurocurrency market (i) with an
established place of business in London, England, (ii) whose
quotations appear on the display designated "LIBO" on the Reuters
Monitor Money Rates Service (the "Reuters Screen LIBO Page") on
the applicable LIBOR Determination Date and (iii) which have been
designated as such by the Trustee and are able and willing to
provide such quotations to the Trustee on each LIBOR
Determination Date. The Reference Banks initially shall be:
Barclay's plc, Bank of Tokyo, National Westminster Bank and Trust
Company and Bankers Trust Company. If any of the initial
Reference Banks should be removed from the Reuters Screen LIBO
Page or in any other way fail to meet the qualifications of a
Reference Bank, or if such page is no longer published, the
Trustee, after consultation with the Company, shall use its best
efforts to designate alternate Reference Banks.
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company. The Company shall
be liable in accordance herewith only to the extent of the
obligations specifically imposed upon and undertaken by the
Company herein.
Section 6.02. Merger or Consolidation of, or Assumption of
the Obligations of, the Company. Any corporation into which the
Company may be merged or consolidated, or any corporation
resulting from any merger, conversion or consolidation to which
the Company shall be a party, or any corporation succeeding to
the business of the Company, or any corporation, more than 50% of
the voting stock of which is, directly or indirectly, owned by
General Electric Company, or any limited partnership, the sole
general partner of which is either the Company or a corporation,
more than 50% of the voting stock of which is owned, directly or
indirectly, by General Electric Company, which executes an
agreement of assumption to perform every obligation of the
Company hereunder, shall be the successor of the Company
hereunder, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything
herein to the contrary notwithstanding.
Section 6.03. Assignment. The Company may assign its rights
and delegate its duties and obligations as servicer under this
Agreement; provided, that (i) the purchaser or transferee
accepting such assignment or delegation is qualified to service
mortgage loans for FNMA or FHLMC, is reasonably satisfactory to
the Trustee and executes and delivers to the Trustee an
agreement, in form and substance reasonably satisfactory to the
Trustee, which contains an
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assumption by such purchaser or transferee of the due and
punctual performance and observance of each covenant and
condition to be performed or observed by the Company as servicer
hereunder from and after the date of such agreement and (ii) each
Rating Agency's rating of any Classes of Certificates in effect
immediately prior to such assignment or delegation would not be
qualified, downgraded or withdrawn as a result thereof. In the
case of any such assignment or delegation, the Company will be
released from its obligations as servicer hereunder except for
liabilities and obligations as servicer incurred prior to such
assignment or delegation.
Section 6.04. Limitation on Liability of the Company and
Others. Neither the Company nor any of the directors or officers
or employees or agents of the Company shall be under any
liability to the Trust Fund or the Certificateholders for any
action taken or for refraining from the taking of any action by
the Company pursuant to this Agreement, or for errors in
judgment; provided, however, that this provision shall not
protect the Company or any such person against any liability
which would otherwise be imposed by reason of willful
misfeasance, bad faith or gross negligence in the performance of
duties of the Company or by reason of reckless disregard of
obligations and duties of the Company hereunder. The Company and
any director or officer or employee or agent of the Company may
rely in good faith on any document of any kind prima facie
properly executed and submitted by any Person respecting any
matters arising hereunder. The Company and any director or
officer or employee or agent of the Company shall be indemnified
by the Trust Fund and held harmless against any loss, liability
or expense incurred in connection with any legal action relating
to this Agreement or the Certificates, other than any loss,
liability or expense related to any specific Mortgage Loan or
Mortgage Loans (except as any such loss, liability or expense
shall be otherwise reimbursable pursuant to this Agreement) and
any loss, liability or expense incurred by reason of willful
misfeasance, bad faith or gross negligence in the performance of
duties hereunder or by reason of reckless disregard of
obligations and duties hereunder. The Company shall be under no
obligation to appear in, prosecute or defend any legal action
which is not incidental to its duties to service the Mortgage
Loans in accordance with this Agreement and which in its opinion
may involve it in any expense or liability; provided, however,
that the Company may in its sole discretion undertake any such
action which it may deem necessary or desirable in respect of
this Agreement, and the rights and duties of the parties hereto
and the interests of the Certificateholders hereunder. In such
event, the legal expenses and costs of such action and any
liability resulting therefrom shall be expenses, costs and
liabilities of the Trust Fund and the Company shall be entitled
to be reimbursed therefor from amounts credited to the Mortgage
Loan Payment Record as provided by Section 3.04.
Section 6.05. The Company Not to Resign. Subject to the
provisions of Sections 6.02 and 6.03, the Company shall not
resign from the obligations and duties hereby imposed on it
except upon determination that the performance of its duties
hereunder is no longer permissible under applicable law. Any such
determination permitting the resignation of the Company shall be
evidenced by an Opinion of Counsel to such effect delivered to
the Trustee. No such resignation shall become effective until the
Trustee or a successor servicer shall have assumed the
responsibilities and obligations of the Company in accordance
with Section 7.02.
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ARTICLE VII
DEFAULT
Section 7.01. Events of Default. If any one of the
following events ("Events of Default") shall occur and be
continuing:
(i) Any failure by the Company to make any payment to
the Trustee of funds pursuant to Section 3.02(d) out of
which distributions to Certificateholders of any Class are
required to be made under the terms of the Certificates and
this Agreement which failure continues unremedied for a
period of three Business Days after the date upon which
written notice of such failure shall have been given to the
Company by the Trustee or to the Company and the Trustee by
Holders of Certificates of each Class affected thereby
evidencing, as to each such Class, Percentage Interests
aggregating not less than 25%; or
(ii) Failure on the part of the Company duly to
observe or perform in any material respect any other
covenants or agreements of the Company set forth in the
Certificates or in this Agreement, which covenants and
agreements (A) materially affect the rights of
Certificateholders and (B) continue unremedied for a period
of 60 days after the date on which written notice of such
failure, requiring the same to be remedied, shall have been
given to the Company by the Trustee, or to the Company and
the Trustee by the Holders of Certificates of each Class
affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 25%; or
(iii) The entry of a decree or order by a court or
agency or supervisory authority having jurisdiction in the
premises for the appointment of a conservator, receiver or
liquidator in any insolvency, readjustment of debt,
marshalling of assets and liabilities or similar
proceedings of or relating to the Company, or for the
winding up or liquidation of the Company's affairs, and the
continuance of any such decree or order unstayed and in
effect for a period of 60 consecutive days; or
(iv) The consent by the Company to the appointment of
a conservator or receiver or liquidator in any insolvency,
readjustment of debt, marshalling of assets and liabilities
or similar proceedings of or relating to the Company or of
or relating to substantially all of its property; or the
Company shall admit in writing its inability to pay its
debts generally as they become due, file a petition to take
advantage of any applicable insolvency or reorganization
statute, make an assignment for the benefit of its
creditors, or voluntarily suspend payment of its
obligations;
then, and in each and every such case, so long as an Event of
Default shall not have been remedied by the Company, either the
Trustee, or the Holders of Certificates of each Class affected
thereby evidencing, as to each such Class, Percentage Interests
aggregating not less than 51%, by notice then given in writing to
the Company (and to the Trustee if given by the
Certificateholders) may terminate all of the rights and
obligations of the Company as servicer under this Agreement. On
or after the receipt by the Company of such written notice, all
authority and power of the Company under this Agreement, whether
with respect to the
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Certificates or the Mortgage Loans or otherwise, shall pass to
and be vested in the Trustee pursuant to and under this Section
7.01; and, without limitation, the Trustee is hereby authorized
and empowered to execute and deliver, on behalf of the Company,
as attorney-in-fact or otherwise, any and all documents and other
instruments, and to do or accomplish all other acts or things
necessary or appropriate to effect the purposes of such notice of
termination, whether to complete the transfer and endorsement of
the Mortgage Loans and related documents, or otherwise,
including, without limitation, the recordation of the assignments
of the Mortgage Loans to it. The Company agrees to cooperate with
the Trustee in effecting the termination of the responsibilities
and rights of the Company hereunder, including, without
limitation, the transfer to the Trustee for the administration by
it of all cash amounts that shall at the time be held by the
Company and that have been or should have been credited by it to
the Mortgage Loan Payment Record, or that have been deposited by
the Company in the Certificate Account or are thereafter received
by the Company with respect to the Mortgage Loans. In addition to
any other amounts which are then, or, notwithstanding the
termination of its activities as servicer, may become, payable to
the Company under this Agreement, the Company shall be entitled
to receive out of any delinquent payment on account of interest
on a Mortgage Loan, due during the period prior to the notice
pursuant to this Section 7.01 which terminates the obligation and
rights of the Company hereunder and received after such notice,
that portion of such payment which it would have been entitled to
retain pursuant to Section 3.04(vi) if such notice had not been
given.
Section 7.02. Trustee to Act; Appointment of Successor. (a)
On and after the time the Company receives a notice of
termination pursuant to Section 7.01, the Trustee shall be the
successor in all respects to the Company in its capacity as
servicer under this Agreement and the transactions set forth or
provided for herein and shall succeed to all the rights of and be
subject to all the responsibilities, duties and liabilities
relating thereto placed on the Company in its capacity as
servicer by the terms and provisions hereof; provided, however,
that the responsibilities and duties of the Company pursuant to
Sections 2.02 and 2.03(a) and, if the Trustee is prohibited by
law or regulation from making Monthly Advances, the
responsibility to make Monthly Advances pursuant to Section 4.04,
shall not be the responsibilities, duties or obligations of the
Trustee; and provided further, that any failure of the Trustee to
perform such duties and responsibilities that is caused by the
Company's failure to cooperate with the Trustee as required by
Section 7.01 shall not be considered a default by the Trustee
hereunder. As compensation therefor, the Trustee shall, except as
provided in Section 7.01, be entitled to such compensation as the
Company would have been entitled to hereunder if no such notice
of termination had been given. Notwithstanding the above, the
Trustee may, if it shall be unwilling so to act, or shall, if it
is legally unable so to act, appoint, or petition a court of
competent jurisdiction to appoint, any established housing and
home finance institution approved to service mortgage loans for
either FNMA or FHLMC, having a net worth of not less than
$10,000,000, as the successor to the Company hereunder in the
assumption of all or any part of the responsibilities, duties or
liabilities of the Company hereunder. Pending appointment of a
successor to the Company pursuant to this Article VII, unless the
Trustee is prohibited by law from so acting, the Trustee shall
act in such capacity as hereinabove provided. In connection with
such appointment and assumption, the Trustee may make such
arrangements for the compensation of such successor out of
payments on Mortgage Loans as it and such successor shall agree;
provided, however, that no such compensation shall be in excess
of that permitted
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the Company hereunder. The Trustee and such successor shall take
such action, consistent with this Agreement, as shall be
necessary to effectuate any such succession.
(b) Any successor, including the Trustee, to the Company as
servicer pursuant to this Article VII shall during the term of
its service as servicer maintain in force (i) a policy or
policies of insurance covering errors and omissions in the
performance of its obligations as servicer hereunder, and (ii) a
fidelity bond in respect of its officers, employees and agents to
the same extent as the Company is so required pursuant to Section
3.15.
Section 7.03. Notification to Certificateholders. Upon any
termination or appointment of a successor to the Company pursuant
to this Article VII, the Trustee shall give prompt written notice
thereof to Certificateholders at their respective addresses
appearing in the Certificate Register.
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee. The Trustee, prior to the
occurrence of an Event of Default and after the curing of all
Events of Default which may have occurred, undertakes to perform
such duties and only such duties as are specifically set forth in
this Agreement. If an Event of Default has occurred (which has
not been cured), the Trustee shall exercise such of the rights
and powers vested in it by this Agreement, and use the same
degree of care and skill in their exercise, as a prudent person
would exercise or use under the circumstances in the conduct of
his or her own affairs.
The Trustee, upon receipt of all resolutions,
certificates, statements, opinions, reports, documents, orders or
other instruments furnished to the Trustee which are specifically
required to be furnished pursuant to any provision of this
Agreement, shall examine them to determine whether they conform
to the requirements of this Agreement.
No provision of this Agreement shall be construed to
relieve the Trustee from liability for its own negligent action,
its own negligent failure to act or its own misconduct; provided,
however, that:
(i) Prior to the occurrence of an Event of Default,
and after the curing of all such Events of Default which
may have occurred, the duties and obligations of the
Trustee shall be determined solely by the express
provisions of this Agreement, the Trustee shall not be
liable except for the performance of such duties and
obligations as are specifically set forth in this
Agreement, no implied covenants or obligations shall be
read into this Agreement against the Trustee and, in the
absence of bad faith on the part of the Trustee, the
Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed
therein, upon any certificates or opinions furnished to the
Trustee and conforming to the requirements of this
Agreement;
(ii) The Trustee shall not be personally liable for an
error of judgment made in good faith by a Responsible
Officer of the Trustee, unless it shall be proved that the
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Trustee was negligent in performing its duties in
accordance with the terms of this Agreement;
(iii) The Trustee shall not be personally liable with
respect to any action taken, suffered or omitted to be
taken by it in good faith in accordance with the direction
of the Holders of Certificates of each Class affected
thereby evidencing, as to each such Class, Percentage
Interests aggregating not less than 25%, relating to the
time, method and place of conducting any proceeding for any
remedy available to the Trustee, or exercising any trust or
power conferred upon the Trustee, under this Agreement; and
(iv) The Trustee shall not be charged with knowledge
of (A) any failure by the Company to comply with the
obligations of the Company referred to in clauses (i) and
(ii) of Section 7.01, (B) the rating downgrade referred to
in the definition of "Trigger Event" or (C) any failure by
the Company to comply with the obligations of the Company
to record the assignments of Mortgages referred to in
Section 2.01 unless a Responsible Officer of the Trustee at
the Corporate Trust Office obtains actual knowledge of such
failures, occurrence or downgrade or the Trustee receives
written notice of such failures, occurrence or downgrade
from the Company or the Holders of Certificates of each
Class affected thereby evidencing, as to each such Class,
Percentage Interests aggregating not less than 25%.
Subject to any obligation of the Trustee to make
Monthly Advances as provided herein, the Trustee shall not be
required to expend or risk its own funds or otherwise incur
financial liability in the performance of any of its duties
hereunder, or in the exercise of any of its rights or powers, if
there is reasonable ground for believing that the repayment of
such funds or adequate indemnity against such risk or liability
is not reasonably assured to it, and none of the provisions
contained in this Agreement shall in any event require the
Trustee to perform, or be responsible for the manner of
performance of, any of the obligations of the Company under this
Agreement, except during such time, if any, as the Trustee shall
be the successor to, and be vested with the rights, duties,
powers and privileges of, the Company in accordance with the
terms of this Agreement.
Section 8.02. Certain Matters Affecting the Trustee. Except
as otherwise provided in Section 8.01:
(i) The Trustee may conclusively rely and shall be
protected in acting or refraining from acting upon any
resolution, Officer's Certificate, certificate of auditors
or any other certificate, statement, instrument, opinion,
report, notice, request, consent, order, appraisal, bond or
other paper or document believed by it to be genuine and to
have been signed or presented by the proper party or
parties;
(ii) The Trustee may consult with counsel and any
Opinion of Counsel shall be full and complete authorization
and protection in respect of any action taken or suffered
or omitted by it hereunder in good faith and in accordance
with such Opinion of Counsel;
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(iii) The Trustee shall be under no obligation to
exercise any of the rights or powers vested in it by this
Agreement, or to institute, conduct or defend any
litigation hereunder or in relation hereto, at the request,
order or direction of any of the Certificateholders,
pursuant to the provisions of this Agreement, unless such
Certificateholders shall have offered to the Trustee
reasonable security or indemnity against the costs,
expenses and liabilities which may be incurred therein or
thereby; nothing contained herein shall, however, relieve
the Trustee of the obligations, upon the occurrence of an
Event of Default (which has not been cured), to exercise
such of the rights and powers vested in it by this
Agreement, and to use the same degree of care and skill in
their exercise as a prudent person would exercise or use
under the circumstances in the conduct of his or her own
affairs;
(iv) The Trustee shall not be personally liable for
any action taken, suffered or omitted by it in good faith
and believed by it to be authorized or within the
discretion or rights or powers conferred upon it by this
Agreement;
(v) Prior to the occurrence of an Event of Default and
after the curing of all Events of Default which may have
occurred, the Trustee shall not be bound to make any
investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion,
report, notice, request, consent, order, approval, bond or
other paper or documents, unless requested in writing so to
do by Holders of Certificates of each Class affected
thereby evidencing, as to each such Class, Percentage
Interests aggregating not less than 25%; provided, however,
that if the payment within a reasonable time to the Trustee
of the costs, expenses or liabilities likely to be incurred
by it in the making of such investigation is, in the
opinion of the Trustee, not reasonably assured to the
Trustee by the security afforded to it by the terms of this
Agreement, the Trustee may require reasonable indemnity
against such cost, expense or liability as a condition to
such proceeding. The reasonable expense of every such
investigation shall be paid by the Company or, if paid by
the Trustee, shall be reimbursed by the Company upon
demand. Nothing in this clause (v) shall derogate from the
obligation of the Company to observe any applicable law
prohibiting disclosure of information regarding the
Mortgagors; and
(vi) The Trustee may execute any of the trusts or
powers hereunder or perform any duties hereunder either
directly or by or through agents or attorneys or a
custodian.
Section 8.03. Trustee Not Liable for Certificates or
Mortgage Loans. The recitals contained herein and in the
Certificates (other than the signature and countersignature of
the Trustee on the Certificates) shall be taken as the statements
of the Company, and the Trustee assumes no responsibility for the
correctness of the same. The Trustee makes no representations as
to the validity or sufficiency of this Agreement or of the
Certificates (other than the signature and countersignature of
the Trustee on the Certificates) or of any Mortgage Loan or
related document. The Trustee shall not be accountable for the
use or application by the Company of any of the Certificates or
of the proceeds of such Certificates, or for the use or
application of any funds paid to the Company in respect of the
Mortgage Loans or deposited in or withdrawn from the Certificate
Account by the Company.
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Section 8.04. Trustee May Own Certificates. The Trustee in
its individual or any other capacity may become the owner or
pledgee of Certificates with the same rights as it would have if
it were not Trustee.
Section 8.05. The Company to Pay Trustee's Fees and
Expenses. The Company covenants and agrees to pay to the Trustee
from time to time, and the Trustee shall be entitled to,
reasonable compensation (which shall not be limited by any
provision of law in regard to the compensation of a trustee of an
express trust) for all services rendered by it in the execution
of the trusts hereby created and in the exercise and performance
of any of the powers and duties hereunder of the Trustee, and the
Company will pay or reimburse the Trustee upon its request for
all reasonable expenses, disbursements and advances (including
any Monthly Advances of the Trustee not previously reimbursed
thereto pursuant to Section 3.04) incurred or made by the Trustee
in accordance with any of the provisions of this Agreement
(including the reasonable compensation and the expenses and
disbursements of its counsel and of all persons not regularly in
its employ) except any such expense, disbursement or advance as
may arise from its negligence or bad faith or which is the
responsibility of Certificateholders hereunder. In addition, the
Company covenants and agrees to indemnify the Trustee from, and
hold it harmless against, any and all losses, liabilities,
damages, claims or expenses other than those resulting from the
negligence or bad faith of the Trustee. From time to time, the
Trustee may request that the Company debit the Mortgage Loan
Payment Record pursuant to Section 3.04 to reimburse the Trustee
for any Monthly Advances and Nonrecoverable Advances.
Section 8.06. Eligibility Requirements for Trustee. The
Trustee hereunder shall at all times be a corporation having its
principal office either in the State of New York or in the same
state as that in which the initial Trustee under this Agreement
has its principal office and organized and doing business under
the laws of such State or the United States of America,
authorized under such laws to exercise corporate trust powers,
having a combined capital and surplus of at least $50,000,000 and
subject to supervision or examination by federal or state
authority. If such corporation publishes reports of condition at
least annually, pursuant to law or to the requirements of the
aforesaid supervising or examining authority, then for the
purposes of this Section 8.06, the combined capital and surplus
of such corporation shall be deemed to be its combined capital
and surplus as set forth in its most recent report of condition
so published. The Trustee shall not be an affiliate of the
Company. In case at any time the Trustee shall cease to be
eligible in accordance with the provisions of this Section 8.06,
the Trustee shall resign immediately in the manner and with the
effect specified in Section 8.07.
Section 8.07. Resignation or Removal of Trustee. The
Trustee may at any time resign and be discharged from the trusts
hereby created by giving written notice thereof to the Company.
Upon receiving such notice of resignation, the Company shall
promptly appoint a successor Trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the
resigning Trustee and one copy to the successor Trustee. If no
successor Trustee shall have been so appointed and having
accepted appointment within 30 days after the giving of such
notice of resignation, the resigning Trustee may petition any
court of competent jurisdiction for the appointment of a
successor Trustee.
If the conditions in any of the following clauses (i),
(ii) or (iii) shall occur at any time, the Company may remove the
Trustee: (i) the Trustee shall cease to be eligible in
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accordance with the provisions of Section 8.06 and shall fail to
resign after written request therefor by the Company; (ii) the
Trustee shall be legally unable to act, or shall be adjudged a
bankrupt or insolvent, or a receiver of the Trustee or of its
property shall be appointed, or any public officer shall take
charge or control of the Trustee or of its property or affairs
for the purpose of rehabilitation, conservation or liquidation;
or (iii) the replacement of the Trustee with a successor Trustee
will enable the Company to avoid (and should, based on the
information included in the notice referred to below, result in
the avoidance of) a downgrading of the ratings assigned to the
Certificates by the Rating Agencies (whether or not other actions
could avoid such downgrading) and no Event of Default, as
provided by Section 7.01 hereof, shall have occurred or be
continuing; provided, however, that no action shall be taken
pursuant to this clause (iii) unless reasonable notice shall have
been provided to the Trustee, which notice shall set forth the
basis for any rating downgrade as contemplated by the Rating
Agencies and shall also indicate the manner in which such
proposed action is intended to avoid such downgrade. If it
removes the Trustee under the authority of the immediately
preceding sentence, the Company shall promptly appoint a
successor trustee by written instrument, in duplicate, one copy
of which instrument shall be delivered to the Trustee so removed
and one copy to the successor trustee.
Any resignation or removal of the Trustee and
appointment of a successor Trustee pursuant to any of the
provisions of this Section 8.07 shall not become effective until
acceptance of appointment by the successor Trustee as provided in
Section 8.08.
Section 8.08. Successor Trustee. Any successor Trustee
appointed as provided in Section 8.07 shall execute, acknowledge
and deliver to the Company and to its predecessor Trustee an
instrument accepting such appointment hereunder, and thereupon
the resignation or removal of the predecessor Trustee shall
become effective and such successor Trustee, without any further
act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor
hereunder, with like effect as if originally named as Trustee.
The predecessor Trustee shall deliver to the successor Trustee
all Mortgage Files and related documents and statements held by
it hereunder; and the Company and the predecessor Trustee shall
execute and deliver such instruments and do such other things as
may reasonably be required for fully and certainly vesting and
confirming in the successor Trustee all such rights, powers,
duties and obligations.
No successor Trustee shall accept appointment as
provided in this Section 8.08 unless at the time of such
acceptance such successor Trustee shall be eligible under the
provisions of Section 8.06.
Upon acceptance of appointment by a successor Trustee
as provided in this Section 8.08, the Company shall mail notice
of the succession of such Trustee hereunder to all holders of
Certificates at their addresses as shown in the Certificate
Register. If the Company fails to mail such notice within 10 days
after acceptance of appointment by the successor Trustee, the
successor Trustee shall cause such notice to be mailed at the
expense of the Company.
Section 8.09. Merger or Consolidation of Trustee. Any
corporation into which the Trustee may be merged or converted or
with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Trustee
shall be a party, or
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any corporation succeeding to the corporate trust business of the
Trustee, shall be the successor of the Trustee hereunder,
provided that such corporation shall be eligible under the
provisions of Section 8.06, without the execution or filing of
any paper or any further act on the part of any of the parties
hereto, anything herein to the contrary notwithstanding.
Section 8.10. Appointment of Co-Trustee or Separate
Trustee. Notwithstanding any other provisions of this Agreement,
at any time, for the purpose of meeting any legal requirements of
any jurisdiction in which any part of the Trust Fund or property
securing any Mortgage Note may at the time be located, the
Company and the Trustee acting jointly shall have the power and
shall execute and deliver all instruments to appoint one or more
Persons approved by the Trustee to act as co-trustee or
co-trustees, jointly with the Trustee, of all or any part of the
Trust Fund, or separate trustee or separate trustees of any part
of the Trust Fund, and to vest in such Person or Persons, in such
capacity and for the benefit of the Certificateholders, such
title to the Trust Fund, or any part thereof, and, subject to the
other provisions of this Section 8.10, such powers, duties,
obligations, rights and trusts as the Company and the Trustee may
consider necessary or desirable. If the Company shall not have
joined in such appointment within 15 days after the receipt by it
of a request so to do, or in case an Event of Default shall have
occurred and be continuing, the Trustee alone shall have the
power to make such appointment. No co-trustee or separate trustee
hereunder shall be required to meet the terms of eligibility as a
successor trustee under Section 8.06 and no notice to
Certificateholders of the appointment of any co-trustee or
separate trustee shall be required under Section 8.08.
Every separate trustee and co-trustee shall, to the
extent permitted by law, be appointed and act subject to the
following provisions and conditions:
(i) All rights, powers, duties and obligations
conferred or imposed upon the Trustee shall be conferred or
imposed upon and exercised or performed by the Trustee and
such separate trustee or co-trustee jointly (it being
understood that such separate trustee or co-trustee is not
authorized to act separately without the Trustee joining in
such act), except to the extent that under any law of any
jurisdiction in which any particular act or acts are to be
performed (whether as Trustee hereunder or as successor to
the Company hereunder), the Trustee shall be incompetent or
unqualified to perform such act or acts, in which event
such rights, powers, duties and obligations (including the
holding of title to the Trust Fund or any portion thereof
in any such jurisdiction) shall be exercised and performed
singly by such separate trustee or co-trustee, but solely
at the direction of the Trustee;
(ii) No trustee hereunder shall be held personally
liable by reason of any act or omission of any other
trustee hereunder; and
(iii) The Company and the Trustee acting jointly may
at any time accept the resignation of or remove any
separate trustee or co-trustee.
Any notice, request or other writing given to the
Trustee shall be deemed to have been given to each of the then
separate trustees and co-trustees, as effectively as if given to
each of them. Every instrument appointing any separate trustee or
co-trustee shall refer to this Agreement and the conditions of
this Article VIII. Each separate trustee and co-trustee, upon its
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acceptance of the trusts conferred, shall be vested with the
estates or property specified in its instrument of appointment,
either jointly with the Trustee or separately, as may be provided
therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating
to the conduct of, affecting the liability of, or affording
protection to, the Trustee. Every such instrument shall be filed
with the Trustee and a copy thereof given to the Company.
Any separate trustee or co-trustee may, at any time,
constitute the Trustee, its agent or attorney-in-fact, with full
power and authority, to the extent not prohibited by law, to do
any lawful act under or in respect of this Agreement on its
behalf and in its name. If any separate trustee or co-trustee
shall die, become incapable of acting, resign or be removed, all
of its estates, properties, rights, remedies and trusts shall
vest in and be exercised by the Trustee, to the extent permitted
by law, without the appointment of a new or successor trustee.
Section 8.11. Compliance with REMIC Provisions; Tax
Returns. The Trustee shall at all times act in such a manner in
the performance of its duties hereunder as shall be necessary to
prevent each of the Upper Tier REMIC and the Lower Tier REMIC
from failing to qualify as a REMIC and to prevent the imposition
of a tax on the Trust Fund or such REMICs established hereunder.
The Trustee, upon request, will furnish the Company with all such
information within its possession as may be reasonably required
in connection with the preparation of all tax returns of the
Trust Fund and any Reserve Fund, and shall, upon request, execute
such returns.
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or
Liquidation of All Mortgage Loans. Subject to Section 9.02, the
respective obligations and responsibilities of the Company and
the Trustee created hereby (other than the obligation of the
Trustee to make certain payments to Certificateholders after the
final Distribution Date and the obligation of the Trustee to send
certain notices as hereinafter set forth) shall terminate upon
the last action required to be taken by the Trustee on the final
Distribution Date pursuant to this Article IX following the
earlier of (a) the repurchase by the Company of all Mortgage
Loans and all REO Mortgage Loans remaining in the Trust Fund at a
price equal to the sum of (x) 100% of the unpaid principal
balance of each Mortgage Loan (other than any REO Mortgage Loans
described in the following clause) plus accrued and unpaid
interest thereon at the applicable Remittance Rate (less any
amounts constituting previously unreimbursed Monthly Advances) to
the first day of the month in which such purchase price is to be
distributed to Certificateholders and (y) the appraised value of
any REO Mortgage Loan (less the good faith estimate of the
Company of Liquidation Expenses to be incurred in connection with
its disposal thereof), such appraisal to be conducted by an
appraiser mutually agreed upon by the Company and the Trustee,
and (b) the later of the final payment or other liquidation (or
any Monthly Advance with respect thereto) of the last Mortgage
Loan remaining in the Trust Fund or the disposition of all
property acquired upon foreclosure or by deed in lieu of
foreclosure of any Mortgage Loan; provided, however, that in no
event shall the Trust Fund created hereby continue beyond the
expiration of 21 years from the death of the last survivor of the
descendants of Joseph P. Kennedy, the late ambassador of the
United States of America to the Court of St. James's, living on
the date of this Agreement.
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The right of the Company to repurchase all Mortgage Loans
pursuant to clause (a) above shall be conditioned upon the
aggregate of the Scheduled Principal Balance of the Outstanding
Mortgage Loans, at the time of any such repurchase, aggregating
less than 10 percent of the aggregate of the Scheduled Principal
Balance of the Mortgage Loans as of the Cut-off Date.
Notice of any termination, specifying the Distribution
Date upon which the Certificateholders may surrender their
Certificates to the Trustee for payment of the final distribution
and cancellation, shall be given promptly by the Trustee by
letter to Certificateholders mailed not earlier than the 15th day
and not later than the 25th day of the month next preceding the
month of such final distribution specifying (A) the Distribution
Date upon which final payment of the Certificates will be made
upon presentation and surrender of the Certificates at the office
of the Trustee therein designated, (B) the amount of any such
final payment and (C) that the Record Date otherwise applicable
to such Distribution Date is not applicable, payments being made
only upon presentation and surrender of the Certificates at the
office of the Trustee therein specified. The Trustee shall give
such notice to the Certificate Registrar at the time such notice
is given to Certificateholders. In the event such notice is given
in connection with the exercise by the Company of its right of
repurchase, the Company shall deposit in the Certificate Account
not later than 11:00 a.m. on the Business Day prior to the final
Distribution Date in next-day funds an amount equal to the price
described above. Upon presentation and surrender of the
Certificates, the Trustee shall cause to be distributed to
Certificateholders an amount equal to the price calculated as
above provided, any such repurchase being in lieu of the
distribution otherwise required to be made on the Distribution
Date upon which the repurchase is effected. Upon certification to
the Trustee by a Servicing Officer following such final deposit,
the Trustee shall promptly release to the Company the Mortgage
Files for the repurchased Mortgage Loans.
On the final Distribution Date, the Trustee shall
distribute amounts on deposit in the Certificate Account in
accordance with the applicable priorities provided by Section
4.01. Distributions on each Certificate shall be made on the
final Distribution Date in the manner specified in Section 4.02
but only upon presentation and surrender of the Certificates.
In the event that all of the Certificateholders shall
not surrender their Certificates for cancellation within six
months after the date specified in the above-mentioned written
notice, the Trustee shall give a second written notice to the
remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect
thereto. If within one year after the second notice all the
Certificates shall not have been surrendered for cancellation,
the Trustee may take appropriate steps, or may appoint an agent
to take appropriate steps, to contact the remaining
Certificateholders concerning surrender of their Certificates,
and the cost thereof shall be paid out of the funds and other
assets which remain subject hereto.
Section 9.02. Additional Termination Requirements. (a) In
the event the Company exercises its purchase option as provided
in Section 9.01, the Trust Fund and each of the Upper Tier REMIC
and the Lower Tier REMIC established hereunder shall be
terminated in accordance with the following additional
requirements, unless the Trustee has been supplied with an
Opinion of Counsel to the effect that the failure to comply with
the requirements of this Section 9.02 will not (i) result in the
imposition of taxes on "prohibited transactions" of either of the
Upper Tier REMIC or the Lower Tier REMIC as defined in section
860F of the Code, or (ii)
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cause either of the Upper Tier REMIC or the Lower Tier REMIC to
fail to qualify as a REMIC at any time that any Certificates are
outstanding:
(i) Within 90 days prior to the final Distribution
Date set forth in the notice given by the Trustee under
Section 9.01, the Company shall prepare and the Trustee
shall execute and adopt a plan of complete liquidation for
each of the Upper Tier REMIC and the Lower Tier REMIC
within the meaning of section 860F(a)(4)(A)(i) of the Code,
which shall be evidenced by such notice; and
(ii) Within 90 days after the time of adoption of such
a plan of complete liquidation, the Trustee shall sell all
of the assets of the Trust Fund to the Company for cash in
accordance with Section 9.01.
(b) By their acceptance of the Residual Certificates, the
Holders thereof hereby authorize the Trustee to adopt such a plan
of complete liquidation which authorization shall be binding on
all successor Holders of the Residual Certificates.
(c) On the final federal income tax return for each of the
Upper Tier REMIC and the Lower Tier REMIC established hereunder,
the Trustee will attach a statement specifying the date of the
adoption of the plan of liquidation.
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment. This Agreement may be amended
from time to time by the Company and the Trustee, without the
consent of any of the Certificateholders, to cure any ambiguity,
to correct or supplement any provisions herein or therein which
may be defective or inconsistent with any other provisions
herein, or to surrender any right or power herein conferred upon
the Company, or to add any other provisions with respect to
matters or questions arising under this Agreement, which shall
not be materially inconsistent with the provisions of this
Agreement; provided, however, that such action shall not, as
evidenced by an Opinion of Counsel, adversely affect in any
material respect the interests of any Certificateholder.
Notwithstanding the foregoing, without the consent of the
Certificateholders, the Trustee and the Company may at any time
and from time to time amend this Agreement to modify, eliminate
or add to any of its provisions to such extent as shall be
necessary or appropriate to maintain the qualification of each of
the Upper Tier REMIC and the Lower Tier REMIC as a REMIC under
the Code or to avoid or minimize the risk of the imposition of
any tax on the Trust Fund pursuant to the Code that would be a
claim against the Trust Fund at any time prior to the final
redemption of the Certificates, provided that the Trustee has
obtained an opinion of independent counsel (which opinion also
shall be addressed to the Company) to the effect that such action
is necessary or appropriate to maintain such qualification or to
avoid or minimize the risk of the imposition of such a tax.
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This Agreement may also be amended from time to time
by the Company and the Trustee with the consent of Holders of
Certificates evidencing (i) not less than 66% of the Voting
Rights of all the Certificates or (ii) Percentage Interests
aggregating not less than 66% of each Class affected by such
amendment, for the purpose of adding any provisions to or
changing in any manner or eliminating any of the provisions of
this Agreement, or of modifying in any manner the rights of the
Holders of Certificates; provided, however, that no such
amendment shall (a) reduce in any manner the amount of, or delay
the timing of, collections of payments on the Mortgage Loans or
distributions which are required to be made on any Certificate
without the consent of the Holder of such Certificate, (b)
adversely affect in any material respects the interests of the
Holders of any Class of Certificates in any manner other than as
described in (a), without the consent of the Holders of
Certificates evidencing Percentage Interests aggregating not less
than 66% of such Class, or (c) reduce the aforesaid percentages
of Certificates of any Class required to consent to any such
amendment, without the consent of the Holders of all Certificates
of such Class then outstanding. For purposes of this paragraph,
references to "Holder" or "Holders" shall be deemed to include,
in the case of any Class of Book-Entry Certificates, the related
Certificate Owners.
Notwithstanding any contrary provision of this
Agreement, the Trustee shall not consent to any amendment to this
Agreement unless it shall have first received an Opinion of
Counsel to the effect that such amendment will not subject the
Trust Fund to tax or cause either of the Upper Tier REMIC or the
Lower Tier REMIC to fail to qualify as a REMIC at any time that
any Certificates are outstanding.
Promptly after the execution of any such amendment or
consent the Trustee shall furnish written notification of the
substance of such amendment to each Certificateholder.
It shall not be necessary for the consent of
Certificateholders under this Section 10.01 to approve the
particular form of any proposed amendment, but it shall be
sufficient if such consent shall approve the substance thereof.
The manner of obtaining such consents and of evidencing the
authorization of the execution thereof by Certificateholders
shall be subject to such reasonable requirements as the Trustee
may prescribe.
Section 10.02. Recordation of Agreement. This Agreement is
subject to recordation in all appropriate public offices for real
property records in all the counties or other comparable
jurisdictions in which any or all of the properties subject to
the Mortgages are situated, and in any other appropriate public
recording office or elsewhere, such recordation to be effected by
the Company and at its expense on direction by the Trustee, but
only upon direction of the Trustee accompanied by an Opinion of
Counsel to the effect that such recordation materially and
beneficially affects the interests of Certificateholders.
For the purpose of facilitating the recordation of
this Agreement as herein provided and for other purposes, this
Agreement may be executed simultaneously in any number of
counterparts, each of which counterparts shall be deemed to be an
original, and such counterparts shall constitute but one and the
same instrument.
Section 10.03. Limitation on Rights of Certificateholders.
The death or incapacity of any Certificateholder shall not
operate to terminate this Agreement or the Trust Fund, nor
entitle
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such Certificateholder's legal representatives or heirs to claim
an accounting or to take any action or commence any proceeding in
any court for a partition or winding up of the Trust Fund, nor
otherwise affect the rights, obligations and liabilities of the
parties hereto or any of them.
No Certificateholder shall have any right to vote
(except as provided in Section 10.01) or in any manner otherwise
control the operation and management of the Trust Fund, or the
obligations of the parties hereto, nor shall anything herein set
forth, or contained in the terms of the Certificates, be
construed so as to constitute the Certificateholders from time to
time as partners or members of an association; nor shall any
Certificateholder be under any liability to any third person by
reason of any action taken by the parties to this Agreement
pursuant to any provision hereof.
No Certificateholder shall have any right by virtue or
by availing itself of any provisions of this Agreement to
institute any suit, action or proceeding in equity or at law upon
or under or with respect to this Agreement, unless such Holder
previously shall have given to the Trustee a written notice of
default and of the continuance thereof, as hereinbefore provided,
and unless also the Holders of Certificates of each Class
affected thereby evidencing, as to each such Class, Percentage
Interests aggregating not less than 25% shall have made written
request upon the Trustee to institute such action, suit or
proceeding in its own name as Trustee hereunder and shall have
offered to the Trustee such reasonable indemnity as it may
require against the costs, expenses and liabilities to be
incurred therein or thereby, and the Trustee, for 60 days after
its receipt of such notice, request and offer of indemnity, shall
have neglected or refused to institute any such action, suit or
proceeding; it being understood and intended, and being expressly
covenanted by each Certificateholder with every other
Certificateholder and the Trustee, that no one or more Holders of
Certificates shall have any right in any manner whatever by
virtue or by availing itself or themselves of any provisions of
this Agreement to affect, disturb or prejudice the rights of the
Holders of any other of the Certificates, or to obtain or seek to
obtain priority over or preference to any other such Holder, or
to enforce any right under this Agreement, except in the manner
herein provided and for the equal, ratable and common benefit of
all Certificateholders. For the protection and enforcement of the
provisions of this Section 10.03, each and every
Certificateholder and the Trustee shall be entitled to such
relief as can be given either at law or in equity.
Section 10.04. Governing Law. THIS AGREEMENT SHALL BE
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER
SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section 10.05. Notices. All demands, notices and
communications hereunder shall be in writing and shall be deemed
to have been duly given if personally delivered at or mailed by
certified mail, return receipt requested, (a) in the case of the
Company, to GE Capital Mortgage Services, Inc., 3 Executive
Campus, Cherry Hill, New Jersey 08002, Attention: General
Counsel, (b) in the case of the Trustee, to State Street Bank and
Trust Company, Corporate Trust Department, 225 Franklin Street,
Boston, Massachusetts 02110, (c) in the case of Fitch, to Fitch
IBCA, Inc., One State Street Plaza, New York, New York 10004,
Attention: Structured Finance Surveillance, and (d) in the case
of S&P, Standard and Poor's Ratings Services, 26 Broadway, 16th
Floor, New York, New York 10007, Attention: Mortgage-Backed
Securities, or, as to each
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<PAGE>
such Person, at such other address as shall be designated by such
Person in a written notice to each other named Person. Any notice
required or permitted to be mailed to a Certificateholder shall
be given by first class mail, postage prepaid, at the address of
such Holder as shown in the Certificate Register. Any notice so
mailed within the time prescribed in this Agreement shall be
conclusively presumed to have been duly given, whether or not the
Certificateholder receives such notice.
Section 10.06. Notices to the Rating Agencies. The Company
shall deliver written notice of the following events to each
Rating Agency promptly following the occurrence thereof: material
amendment to this Agreement; any Event of Default; any Trigger
Event; change in or termination of the Trustee; removal of the
Company or any successor servicer as servicer; repurchase or
replacement of any Defective Mortgage Loan pursuant to Section
2.03; and final payment to Certificateholders. In addition, the
Company shall deliver copies of the following documents to each
Rating Agency at the time such documents are required to be
delivered pursuant to this Agreement: monthly statements to
Certificateholders pursuant to Section 4.05, annual report of
independent accountants pursuant to Section 3.13 and annual
servicer compliance report pursuant to Section 3.12.
Notwithstanding the foregoing, the failure to deliver such
notices or copies shall not constitute an Event of Default under
this Agreement.
Section 10.07. Severability of Provisions. If any one or
more of the covenants, agreements, provisions or terms of this
Agreement shall be for any reason whatsoever held invalid, then
to the extent permitted by law such covenants, agreements,
provisions or terms shall be deemed severable from the remaining
covenants, agreements, provisions or terms of this Agreement and
shall in no way affect the validity or enforceability of the
other provisions of this Agreement or of the Certificates or the
rights of the Holders thereof.
Section 10.08. Certificates Nonassessable and Fully Paid.
It is the intention of the Trustee that Certificateholders shall
not be personally liable for obligations of the Trust Fund, that
the beneficial ownership interests represented by the
Certificates shall be nonassessable for any losses or expenses of
the Trust Fund or for any reason whatsoever, and that
Certificates upon execution, countersignature and delivery
thereof by the Trustee are and shall be deemed fully paid.
* * *
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IN WITNESS WHEREOF, the Company and the Trustee have
caused this Agreement to be duly executed by their respective
officers and their respective seals, duly attested, to be
hereunto affixed, all as of the day and year first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:_______________________________
Name:
Title:
[SEAL]
Attest:
By:__________________________
Name:
Title:
STATE STREET BANK AND
TRUST COMPANY,
as Trustee
By:_______________________________
Name:
Title:
[SEAL]
Attest:
By:_________________________
Name:
Title:
<PAGE>
State of New Jersey )
) ss.:
County of Camden )
On the day of August, 1998 before me, a notary
public in and for the State of New Jersey, personally appeared
_______________________, known to me who, being by me duly sworn,
did depose and say that he/she resides at ________________
___________________________________; that he/she is a(n)
_________________________ of GE Capital Mortgage Services, Inc.,
a corporation formed under the laws of the State of New Jersey,
one of the parties that executed the foregoing instrument; that
he/she knows the seal of said corporation; that the seal affixed
to said instrument is such corporate seal; that it was so affixed
by order of the Board of Directors of said corporation; and that
he/she signed his/her name thereto by like order.
____________________________
Notary Public
[Notarial Seal]
<PAGE>
The Commonwealth of Massachusetts )
) ss.:
County of Suffolk )
On the day of August, 1998 before me, a notary public
in and for the Commonwealth of Massachusetts, personally appeared
____________________, known to me who, being by me duly sworn,
did depose and say that he/she resides at __________________
_____________________________________________________________;
that he/she is a(n) __________________________________ of State
Street Bank and Trust Company, one of the parties that executed
the foregoing instrument; that he/she knows the seal of said
Bank; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors
of said Bank; and that he/she signed his/her name thereto by
order of the Board of Directors of said Bank.
____________________________
Notary Public
[Notarial Seal]
<PAGE>
EXHIBIT A
FORMS OF CERTIFICATES
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A1 Certificate
Principal Balance:
Class A1 $51,008,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPL3
September 25, 1998
2
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A1 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25, Class A26, Class R, Class RL, Class PO, Class M, Class
B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
3
<PAGE>
The Certificates are limited in right of payment to
certain payments on and collections in respect of the Mortgage
Loans, all as more specifically set forth in the Agreement. The
Certificateholder, by its acceptance of this Certificate, agrees
that it will look solely to the funds on deposit in the
Certificate Account for payment hereunder and that the Trustee in
its individual capacity is not personally liable to the
Certificateholders for any amount payable under this Certificate
or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain
exceptions therein provided, certain losses on the Mortgage Loans
resulting from defaults by Mortgagors will be borne by the
Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the
Holders of the other Classes of the Certificates.
This Certificate does not purport to summarize the
Agreement and reference is made to the Agreement for the
interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties
and immunities of the Trustee.
The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the
rights and obligations of the Company and the rights of the
Certificateholders under the Agreement at any time by the Company
and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined
in the Agreement. Any such consent by the Holder of this
Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent
is made upon this Certificate. The Agreement also permits the
amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
No transfer of any Class M, Class B1, Class B2, Class
B3, Class B4 or Class B5 Certificate which is in the form of a
Definitive Certificate shall be made to any Person unless the
Trustee has received (i) a certificate from such transferee to
the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Internal Revenue Code of 1986, as amended ("Section 4975") (a
"Plan") or a Person that is using the assets of a Plan to acquire
such Certificate or (y) is an insurance company investing assets
of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption
95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemption")
applies to such transferee's acquisition and holding of such
Certificate, or (ii) an opinion of counsel satisfactory to the
Trustee, which opinion shall not be an expense of the Trustee or
the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the
Trust Fund being deemed to be "plan assets" and subject to the
prohibited transaction provisions of ERISA or Section 4975 and
will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in
the event that, as a result of a change of law or otherwise,
counsel satisfactory to the Trustee has rendered an opinion to
the effect that the purchase and holding of a Class M, Class B1,
Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan
4
<PAGE>
or a Person that is purchasing or holding such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975.
No transfer of any Class R or Class RL Certificate
shall be made to any Person unless the Trustee has received a
certificate from such transferee to the effect that, among other
things, such transferee (x) is not an employee benefit plan
subject to ERISA or a Plan or a Person that is using the assets
of a Plan to acquire any such Class R or Class RL Certificate or
(y) is an insurance company investing assets of its general
account and the Exemption applies to such transferee's
acquisition and holding of any such Class R or Class RL
Certificate.
As provided in the Agreement, and subject to certain
limitations therein set forth, the transfer of this Certificate
is registerable in the Certificate Register of the Trustee upon
surrender of this Certificate for registration of transfer at the
office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the
City of New York, accompanied by a written instrument of transfer
in form satisfactory to the Company, the Trustee, and the
Certificate Registrar duly executed by the Holder hereof or such
Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized
denominations evidencing the same aggregate Percentage Interest
will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered
Certificates without coupons in denominations specified in the
Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for
new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by
the Holder surrendering the same.
No service charge will be made for any such
registration of transfer or exchange, but the Trustee may require
payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any
agent of the Trustee or the Certificate Registrar may treat the
Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Trustee, the Certificate
Registrar nor any such agent shall be affected by any notice to
the contrary.
The obligations and responsibilities created by the
Agreement, and the Trust Fund created thereby shall terminate
upon payment to the Certificateholders, or provision therefor, in
accordance with the Agreement following the earlier of (a) the
repurchase by the Company of all Mortgage Loans and all property
acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid
principal balance of each Mortgage Loan (other than a Mortgage
Loan described in clause (y)) plus accrued and unpaid interest
thereon at the rate provided for in the Agreement (less any
amounts representing previously unreimbursed Monthly Advances)
and (y) the appraised value of any property acquired in respect
of a Mortgage Loan determined as provided in the Agreement, and
(b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund and the disposition of all property
acquired
5
<PAGE>
upon foreclosure or by deed in lieu of foreclosure of any
Mortgage Loan. The right of the Company to repurchase all the
Mortgage Loans and property in respect of Mortgage Loans is
subject to the Pool Scheduled Principal Balance at the time of
repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise
of such right will result in early retirement of the
Certificates.
Unless this Certificate has been countersigned by the
Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any
purpose.
6
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this
Certificate to be duly executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
7
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- -----------------------------------------------------------------
- -----------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- -----------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain
distributions with respect to the Trust Fund and hereby
authorizes the transfer of registration of such interest to
assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to
issue a new Certificate of like Class and Percentage Interest, to
the above named assignee and deliver such Certificate to the
following address:
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
Dated:
------------------------
- -------------------------------------------
Signature by or on behalf of assignor
- ------------------------------
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company
or broker of the signatory who is a member of a signature
guarantee medallion program.
8
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
9
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A2 Certificate
Principal Balance:
Class A2 $29,552,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPM1
September 25, 1998
10
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A2 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
11
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
12
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A3 Certificate
Principal Balance:
Class A3 $110,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPN9
September 25, 1998
13
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A3 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
14
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
15
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A4 Certificate
Principal Balance:
Class A4 $100,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPP4
September 25, 1998
16
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A4 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
17
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
18
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A5 Certificate
Principal Balance:
Class A5 $21,901,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPQ2
September 25, 1998
19
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A5 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
20
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
21
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A6 Certificate
Principal Balance:
Class A6 $40,997,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPR0
September 25, 1998
22
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A6 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
23
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
24
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A7 Certificate
Principal Balance:
Class A7 $20,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPS8
September 25, 1998
25
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A7 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
26
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
27
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A8 Certificate
Principal Balance:
Class A8 $30,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPT6
September 25, 1998
28
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A8 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
29
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
30
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A9 Certificate
Principal Balance:
Class A9 $32,615,223
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPU3
September 25, 1998
31
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A9 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
32
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
33
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A10 Certificate
Principal Balance:
Class A10 $35,317,777
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPV1
September 25, 1998
34
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A10 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
35
<PAGE>
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
36
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A11 Notional
Class A11 Principal Balance
$35,317,777
Certificate Interest Initial Notional Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPW9
September 25, 1998
37
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A11 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
38
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
39
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A12 Certificate
Principal Balance:
Class A12 $64,958,597
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPX7
September 25, 1998
40
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A12 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
41
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
42
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A13 Certificate
Principal Balance:
Class A13 $16,841,118
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPY5
September 25, 1998
43
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A13 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
44
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
45
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A14 Certificate
Principal Balance:
Class A14 $57,922,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RPZ2
September 25, 1998
46
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A14 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
47
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
48
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A15 Certificate
Principal Balance:
Class A15 $75,604,991
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQA6
September 25, 1998
49
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A15 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
50
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
51
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A16 Certificate
Principal Balance:
Class A16 $11,513,000
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQB4
September 25, 1998
52
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A16 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
53
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
54
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A17 Certificate
Principal Balance:
Class A17 $4,715,570
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQC2
September 25, 1998
55
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A17 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
56
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
57
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A18 Certificate
Principal Balance:
Class A18 $3,372,724
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQD0
September 25, 1998
58
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A18 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
59
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
60
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A19 Certificate
Principal Balance:
Class A19 $19,134,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQE8
September 25, 1998
61
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A19 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
62
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
63
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A20 Certificate
Principal Balance:
Class A20 $36,642,750
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQF5
September 25, 1998
64
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A20 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
65
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
66
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A21 Certificate
Principal Balance:
Class A21 $12,214,250
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQG3
September 25, 1998
67
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A21 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
68
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
69
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A22 Certificate
Principal Balance:
Class A22 $27,794,118
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQH1
September 25, 1998
70
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A22 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
71
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
72
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A23 Certificate
Principal Balance:
Class A23 $7,205,882
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQJ7
September 25, 1998
73
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A23 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
74
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
75
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A24 Certificate
Principal Balance:
Class A24 $38,395,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQK4
September 25, 1998
76
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A24 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
77
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
78
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A25 Certificate
Principal Balance:
Class A25 $12,453,750
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQL2
September 25, 1998
79
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A25 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
80
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
81
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A26 Certificate
Principal Balance:
Class A26 $4,151,250
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQM0
September 25, 1998
82
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class A26 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
83
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS THE
"RESIDUAL INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE,
BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE
SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFERABILITY AS SET FORTH
IN THE AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT
TO THE TRANSFEROR AND THE TRUSTEE TO THE EFFECT THAT IT IS NOT A
DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE
SECTION 860E(e)(5), AN AGENT (INCLUDING A BROKER, NOMINEE OR
OTHER MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION, OR AN ENTITY
THAT HOLDS REMIC RESIDUAL SECURITIES AS NOMINEE TO FACILITATE THE
CLEARANCE AND SETTLEMENT OF SUCH SECURITIES THROUGH BOOK-ENTRY
CHANGES IN ACCOUNTS OF PARTICIPATING ORGANIZATIONS (A "BOOK-ENTRY
NOMINEE") AND TO HAVE AGREED TO SUCH AMENDMENTS TO THE AGREEMENT
AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE RESTRICTIONS ON
TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR
BOOK-ENTRY NOMINEES.
THE HOLDER OF THIS CLASS R CERTIFICATE, BY ACCEPTANCE HEREOF, IS
DEEMED TO HAVE IRREVOCABLY APPOINTED THE COMPANY (AS DEFINED
HEREIN) AS ITS AGENT AND ATTORNEY-IN-FACT TO ACT AS "TAX MATTERS
PERSON" OF THE UPPER-TIER REMIC TO PERFORM THE FUNCTIONS OF A
"TAX MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63
OF SUBTITLE F OF THE CODE, WITH RESPECT TO THE TRUST FUND.
84
<PAGE>
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
DISQUALIFIED ORGANIZATION, BOOK-ENTRY NOMINEE OR NON-PERMITTED
FOREIGN HOLDER, AS DEFINED IN THE AGREEMENT OR TO ANY EMPLOYEE
BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("SECTION
4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS OF A PLAN
TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER
RESTRICTIONS AS SET FORTH HEREIN.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class R Certificate
Principal Balance:
Class R $100.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP:36157RQN8
September 25, 1998
85
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class R Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25, Class A26, Class R, Class RL, Class PO, Class M, Class
B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
86
<PAGE>
The Certificates are limited in right of payment to
certain payments on and collections in respect of the Mortgage
Loans, all as more specifically set forth in the Agreement. The
Certificateholder, by its acceptance of this Certificate, agrees
that it will look solely to the funds on deposit in the
Certificate Account for payment hereunder and that the Trustee in
its individual capacity is not personally liable to the
Certificateholders for any amount payable under this Certificate
or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain
exceptions therein provided, certain losses on the Mortgage Loans
resulting from defaults by Mortgagors will be borne by the
Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the
Holders of the other Classes of the Certificates.
This Certificate does not purport to summarize the
Agreement and reference is made to the Agreement for the
interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties
and immunities of the Trustee.
The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the
rights and obligations of the Company and the rights of the
Certificateholders under the Agreement at any time by the Company
and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined
in the Agreement. Any such consent by the Holder of this
Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent
is made upon this Certificate. The Agreement also permits the
amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
No transfer of any Class M, Class B1, Class B2, Class
B3, Class B4 or Class B5 Certificate which is in the form of a
Definitive Certificate shall be made to any Person unless the
Trustee has received (i) a certificate from such transferee to
the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Internal Revenue Code of 1986, as amended ("Section 4975") (a
"Plan") or a Person that is using the assets of a Plan to acquire
such Certificate or (y) is an insurance company investing assets
of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption
95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemption")
applies to such transferee's acquisition and holding of such
Certificate, or (ii) an opinion of counsel satisfactory to the
Trustee, which opinion shall not be an expense of the Trustee or
the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the
Trust Fund being deemed to be "plan assets" and subject to the
prohibited transaction provisions of ERISA or Section 4975 and
will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in
the event that, as a result of a change of law or otherwise,
counsel satisfactory to the Trustee has rendered an opinion to
the effect that the purchase and holding of a Class M, Class B1,
Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan
87
<PAGE>
or a Person that is purchasing or holding such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975.
No transfer of any Class R or Class RL Certificate
shall be made to any Person unless the Trustee has received a
certificate from such transferee to the effect that, among other
things, such transferee (x) is not an employee benefit plan
subject to ERISA or a Plan or a Person that is using the assets
of a Plan to acquire any such Class R or Class RL Certificate or
(y) is an insurance company investing assets of its general
account and the Exemption applies to such transferee's
acquisition and holding of any such Class R or Class RL
Certificate.
As provided in the Agreement, and subject to certain
limitations therein set forth, the transfer of this Certificate
is registerable in the Certificate Register of the Trustee upon
surrender of this Certificate for registration of transfer at the
office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the
City of New York, accompanied by a written instrument of transfer
in form satisfactory to the Company, the Trustee, and the
Certificate Registrar duly executed by the Holder hereof or such
Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized
denominations evidencing the same aggregate Percentage Interest
will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered
Certificates without coupons in denominations specified in the
Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for
new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by
the Holder surrendering the same.
No service charge will be made for any such
registration of transfer or exchange, but the Trustee may require
payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any
agent of the Trustee or the Certificate Registrar may treat the
Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Trustee, the Certificate
Registrar nor any such agent shall be affected by any notice to
the contrary.
The obligations and responsibilities created by the
Agreement, and the Trust Fund created thereby shall terminate
upon payment to the Certificateholders, or provision therefor, in
accordance with the Agreement following the earlier of (a) the
repurchase by the Company of all Mortgage Loans and all property
acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid
principal balance of each Mortgage Loan (other than a Mortgage
Loan described in clause (y)) plus accrued and unpaid interest
thereon at the rate provided for in the Agreement (less any
amounts representing previously unreimbursed Monthly Advances)
and (y) the appraised value of any property acquired in respect
of a Mortgage Loan determined as provided in the Agreement, and
(b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund and the disposition of all property
acquired
88
<PAGE>
upon foreclosure or by deed in lieu of foreclosure of any
Mortgage Loan. The right of the Company to repurchase all the
Mortgage Loans and property in respect of Mortgage Loans is
subject to the Pool Scheduled Principal Balance at the time of
repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise
of such right will result in early retirement of the
Certificates.
Unless this Certificate has been countersigned by the
Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any
purpose.
89
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this
Certificate to be duly executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
90
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- -----------------------------------------------------------------
- -----------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- -----------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain
distributions with respect to the Trust Fund and hereby
authorizes the transfer of registration of such interest to
assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to
issue a new Certificate of like Class and Percentage Interest, to
the above named assignee and deliver such Certificate to the
following address:
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
Dated:
----------------------
- -------------------------------------
Signature by or on behalf of assignor
- ----------------------------
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company
or broker of the signatory who is a member of a signature
guarantee medallion program.
91
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS THE
"RESIDUAL INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL REVENUE CODE OF
1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE,
BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE
SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFERABILITY AS SET FORTH
IN THE AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT
TO THE TRANSFEROR AND THE TRUSTEE TO THE EFFECT THAT IT IS NOT A
DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE
SECTION 860E(e)(5), AN AGENT (INCLUDING A BROKER, NOMINEE OR
OTHER MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION, OR AN ENTITY
THAT HOLDS REMIC RESIDUAL SECURITIES AS NOMINEE TO FACILITATE THE
CLEARANCE AND SETTLEMENT OF SUCH SECURITIES THROUGH BOOK-ENTRY
CHANGES IN ACCOUNTS OF PARTICIPATING ORGANIZATIONS (A "BOOK-ENTRY
NOMINEE") AND TO HAVE AGREED TO SUCH AMENDMENTS TO THE AGREEMENT
AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE RESTRICTIONS ON
TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR
BOOK-ENTRY NOMINEES.
THE HOLDER OF THIS CLASS RL CERTIFICATE, BY ACCEPTANCE HEREOF, IS
DEEMED TO HAVE IRREVOCABLY APPOINTED THE COMPANY (AS DEFINED
HEREIN) AS ITS AGENT AND ATTORNEY-IN-FACT TO ACT AS "TAX MATTERS
PERSON" OF THE LOWER-TIER REMIC TO PERFORM THE FUNCTIONS OF A
"TAX MATTERS PARTNER" FOR PURPOSES OF SUBCHAPTER C OF CHAPTER 63
OF SUBTITLE F OF THE CODE, WITH RESPECT TO THE TRUST FUND.
92
<PAGE>
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
DISQUALIFIED ORGANIZATION, BOOK-ENTRY NOMINEE OR NON-PERMITTED
FOREIGN HOLDER, AS DEFINED IN THE AGREEMENT OR TO ANY EMPLOYEE
BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO SECTION
4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("SECTION
4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS OF A PLAN
TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE
TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN OTHER
RESTRICTIONS AS SET FORTH HEREIN.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class RL Certificate
Principal Balance:
Class RL $100.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP:36157RQP3
September 25, 1998
93
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class RL Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
94
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE "SECURITIES ACT"). ANY RESALE OR
TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION THEREOF UNDER
THE SECURITIES ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPT FROM
THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN
ACCORDANCE WITH SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
95
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class PO Certificate
Principal Balance:
Class PO $1,238,414.03
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing
Cut-off Date:
August 1, 1998
First Distribution Date:
September 25, 1998
96
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class PO Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25, Class A26, Class R, Class RL, Class PO, Class M, Class
B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
97
<PAGE>
The Certificates are limited in right of payment to
certain payments on and collections in respect of the Mortgage
Loans, all as more specifically set forth in the Agreement. The
Certificateholder, by its acceptance of this Certificate, agrees
that it will look solely to the funds on deposit in the
Certificate Account for payment hereunder and that the Trustee in
its individual capacity is not personally liable to the
Certificateholders for any amount payable under this Certificate
or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain
exceptions therein provided, certain losses on the Mortgage Loans
resulting from defaults by Mortgagors will be borne by the
Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the
Holders of the other Classes of the Certificates.
This Certificate does not purport to summarize the
Agreement and reference is made to the Agreement for the
interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties
and immunities of the Trustee.
The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the
rights and obligations of the Company and the rights of the
Certificateholders under the Agreement at any time by the Company
and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined
in the Agreement. Any such consent by the Holder of this
Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent
is made upon this Certificate. The Agreement also permits the
amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
No transfer of any Class M, Class B1, Class B2, Class
B3, Class B4 or Class B5 Certificate which is in the form of a
Definitive Certificate shall be made to any Person unless the
Trustee has received (i) a certificate from such transferee to
the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Internal Revenue Code of 1986, as amended ("Section 4975") (a
"Plan") or a Person that is using the assets of a Plan to acquire
such Certificate or (y) is an insurance company investing assets
of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Class
Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the
"Exemption") applies to such transferee's acquisition and holding
of such Certificate, or (ii) an opinion of counsel satisfactory
to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and
holding of such Certificate will not constitute or result in the
assets of the Trust Fund being deemed to be "plan assets" and
subject to the prohibited transaction provisions of ERISA or
Section 4975 and will not subject the Trustee or the Company to
any obligation in addition to those undertaken in the Agreement;
provided, however, that the Trustee will not require such
certificate or opinion in the event that, as a result of a change
of law or otherwise, counsel satisfactory to the Trustee has
rendered an opinion to the effect that the purchase and holding
of a Class M, Class B1, Class B2, Class B3, Class B4 or Class B5
Certificate by a Plan
98
<PAGE>
or a Person that is purchasing or holding such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975.
No transfer of any Class R or Class RL Certificate
shall be made to any Person unless the Trustee has received a
certificate from such transferee to the effect that, among other
things, such transferee (x) is not an employee benefit plan
subject to ERISA or a Plan or a Person that is using the assets
of a Plan to acquire any such Class R or Class RL Certificate or
(y) is an insurance company investing assets of its general
account and the Exemption applies to such transferee's
acquisition and holding of any such Class R or Class RL
Certificate.
As provided in the Agreement, and subject to certain
limitations therein set forth, the transfer of this Certificate
is registerable in the Certificate Register of the Trustee upon
surrender of this Certificate for registration of transfer at the
office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the
City of New York, accompanied by a written instrument of transfer
in form satisfactory to the Company, the Trustee, and the
Certificate Registrar duly executed by the Holder hereof or such
Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized
denominations evidencing the same aggregate Percentage Interest
will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered
Certificates without coupons in denominations specified in the
Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for
new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by
the Holder surrendering the same.
No service charge will be made for any such
registration of transfer or exchange, but the Trustee may require
payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any
agent of the Trustee or the Certificate Registrar may treat the
Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Trustee, the Certificate
Registrar nor any such agent shall be affected by any notice to
the contrary.
The obligations and responsibilities created by the
Agreement, and the Trust Fund created thereby shall terminate
upon payment to the Certificateholders, or provision therefor, in
accordance with the Agreement following the earlier of (a) the
repurchase by the Company of all Mortgage Loans and all property
acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid
principal balance of each Mortgage Loan (other than a Mortgage
Loan described in clause (y)) plus accrued and unpaid interest
thereon at the rate provided for in the Agreement (less any
amounts representing previously unreimbursed Monthly Advances)
and (y) the appraised value of any property acquired in respect
of a Mortgage Loan determined as provided in the Agreement, and
(b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund and the disposition of all property
acquired
99
<PAGE>
upon foreclosure or by deed in lieu of foreclosure of any
Mortgage Loan. The right of the Company to repurchase all the
Mortgage Loans and property in respect of Mortgage Loans is
subject to the Pool Scheduled Principal Balance at the time of
repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise
of such right will result in early retirement of the
Certificates.
Unless this Certificate has been countersigned by the
Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any
purpose.
100
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this
Certificate to be duly executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:____________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
101
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- -----------------------------------------------------------------
- -----------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- -----------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain
distributions with respect to the Trust Fund and hereby
authorizes the transfer of registration of such interest to
assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to
issue a new Certificate of like Class and Percentage Interest, to
the above named assignee and deliver such Certificate to the
following address:
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
Dated:
----------------------
- -------------------------------------
Signature by or on behalf of assignor
- ----------------------------
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company
or broker of the signatory who is a member of a signature
guarantee medallion program.
102
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE
AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
103
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class M Certificate
Principal Balance:
Class M $16,680,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQQ1
September 25, 1998
104
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class M Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25, Class A26, Class R, Class RL, Class PO, Class M, Class
B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
105
<PAGE>
The Certificates are limited in right of payment to
certain payments on and collections in respect of the Mortgage
Loans, all as more specifically set forth in the Agreement. The
Certificateholder, by its acceptance of this Certificate, agrees
that it will look solely to the funds on deposit in the
Certificate Account for payment hereunder and that the Trustee in
its individual capacity is not personally liable to the
Certificateholders for any amount payable under this Certificate
or the Agreement or, except as expressly provided in the
Agreement, subject to any liability under the Agreement.
As provided in the Agreement and with certain
exceptions therein provided, certain losses on the Mortgage Loans
resulting from defaults by Mortgagors will be borne by the
Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the
Holders of the other Classes of the Certificates.
This Certificate does not purport to summarize the
Agreement and reference is made to the Agreement for the
interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties
and immunities of the Trustee.
The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the
rights and obligations of the Company and the rights of the
Certificateholders under the Agreement at any time by the Company
and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined
in the Agreement. Any such consent by the Holder of this
Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent
is made upon this Certificate. The Agreement also permits the
amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
No transfer of any Class M, Class B1, Class B2, Class
B3, Class B4 or Class B5 Certificate which is in the form of a
Definitive Certificate shall be made to any Person unless the
Trustee has received (i) a certificate from such transferee to
the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Internal Revenue Code of 1986, as amended ("Section 4975") (a
"Plan") or a Person that is using the assets of a Plan to acquire
such Certificate or (y) is an insurance company investing assets
of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption
95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemption")
applies to such transferee's acquisition and holding of such
Certificate, or (ii) an opinion of counsel satisfactory to the
Trustee, which opinion shall not be an expense of the Trustee or
the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the
Trust Fund being deemed to be "plan assets" and subject to the
prohibited transaction provisions of ERISA or Section 4975 and
will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in
the event that, as a result of a change of law or otherwise,
counsel satisfactory to the Trustee has rendered an opinion to
the effect that the purchase and holding of a Class M, Class B1,
Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan
106
<PAGE>
or a Person that is purchasing or holding such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975.
No transfer of any Class R or Class RL Certificate
shall be made to any Person unless the Trustee has received a
certificate from such transferee to the effect that, among other
things, such transferee (x) is not an employee benefit plan
subject to ERISA or a Plan or a Person that is using the assets
of a Plan to acquire any such Class R or Class RL Certificate or
(y) is an insurance company investing assets of its general
account and the Exemption applies to such transferee's
acquisition and holding of any such Class R or Class RL
Certificate.
As provided in the Agreement, and subject to certain
limitations therein set forth, the transfer of this Certificate
is registerable in the Certificate Register of the Trustee upon
surrender of this Certificate for registration of transfer at the
office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the
City of New York, accompanied by a written instrument of transfer
in form satisfactory to the Company, the Trustee, and the
Certificate Registrar duly executed by the Holder hereof or such
Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized
denominations evidencing the same aggregate Percentage Interest
will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered
Certificates without coupons in denominations specified in the
Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for
new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by
the Holder surrendering the same.
No service charge will be made for any such
registration of transfer or exchange, but the Trustee may require
payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any
agent of the Trustee or the Certificate Registrar may treat the
Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Trustee, the Certificate
Registrar nor any such agent shall be affected by any notice to
the contrary.
The obligations and responsibilities created by the
Agreement, and the Trust Fund created thereby shall terminate
upon payment to the Certificateholders, or provision therefor, in
accordance with the Agreement following the earlier of (a) the
repurchase by the Company of all Mortgage Loans and all property
acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid
principal balance of each Mortgage Loan (other than a Mortgage
Loan described in clause (y)) plus accrued and unpaid interest
thereon at the rate provided for in the Agreement (less any
amounts representing previously unreimbursed Monthly Advances)
and (y) the appraised value of any property acquired in respect
of a Mortgage Loan determined as provided in the Agreement, and
(b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund and the disposition of all property
acquired
107
<PAGE>
upon foreclosure or by deed in lieu of foreclosure of any
Mortgage Loan. The right of the Company to repurchase all the
Mortgage Loans and property in respect of Mortgage Loans is
subject to the Pool Scheduled Principal Balance at the time of
repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise
of such right will result in early retirement of the
Certificates.
Unless this Certificate has been countersigned by the
Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any
purpose.
108
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this
Certificate to be duly executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
109
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- -----------------------------------------------------------------
- -----------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- -----------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain
distributions with respect to the Trust Fund and hereby
authorizes the transfer of registration of such interest to
assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to
issue a new Certificate of like Class and Percentage Interest, to
the above named assignee and deliver such Certificate to the
following address:
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
Dated:
----------------------
- -------------------------------------
Signature by or on behalf of assignor
- ----------------------------
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company
or broker of the signatory who is a member of a signature
guarantee medallion program.
110
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE
AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
111
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B1 Certificate
Principal Balance:
Class B1 $7,213,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQR9
September 25, 1998
112
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class B1 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
113
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE
AGREEMENT REFERRED TO HEREIN.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
114
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B2 Certificate
Principal Balance:
Class B2 $4,057,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP: 36157RQS7
September 25, 1998
115
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class B2 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
116
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT
REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR
THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES ("BLUE SKY
LAWS"), AND SUCH CERTIFICATE MAY NOT BE OFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM THE SELLER
REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN
EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (C) TO AN INSTITUTIONAL
ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND IN ACCORDANCE WITH ANY APPLICABLE BLUE SKY
LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF THE
EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
117
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B3 Certificate
Principal Balance:
Class B3 $3,606,500.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP:36157RQT5
September 25, 1998
118
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class B3 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25, Class A26, Class R, Class RL, Class PO, Class M, Class
B1, Class B2, Class B3, Class B4 and Class B5, herein called the
"Certificates").
The Certificates are limited in right of payment to
certain payments on and
119
<PAGE>
collections in respect of the Mortgage Loans, all as more
specifically set forth in the Agreement. The Certificateholder,
by its acceptance of this Certificate, agrees that it will look
solely to the funds on deposit in the Certificate Account for
payment hereunder and that the Trustee in its individual capacity
is not personally liable to the Certificateholders for any amount
payable under this Certificate or the Agreement or, except as
expressly provided in the Agreement, subject to any liability
under the Agreement.
As provided in the Agreement and with certain
exceptions therein provided, certain losses on the Mortgage Loans
resulting from defaults by Mortgagors will be borne by the
Holders of the Class M, Class B1, Class B2, Class B3, Class B4
and Class B5 Certificates before such losses will be borne by the
Holders of the other Classes of the Certificates.
This Certificate does not purport to summarize the
Agreement and reference is made to the Agreement for the
interests, rights and limitations of rights, benefits,
obligations and duties evidenced hereby, and the rights, duties
and immunities of the Trustee.
The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the
rights and obligations of the Company and the rights of the
Certificateholders under the Agreement at any time by the Company
and the Trustee with the consent of the Holders of Certificates
evidencing not less than 66% of all the Voting Rights as defined
in the Agreement. Any such consent by the Holder of this
Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any
Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent
is made upon this Certificate. The Agreement also permits the
amendment thereof, in certain limited circumstances, without the
consent of the Holders of any of the Certificates.
No transfer of any Class M, Class B1, Class B2, Class
B3, Class B4 or Class B5 Certificate which is in the form of a
Definitive Certificate shall be made to any Person unless the
Trustee has received (i) a certificate from such transferee to
the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Internal Revenue Code of 1986, as amended ("Section 4975") (a
"Plan") or a Person that is using the assets of a Plan to acquire
such Certificate or (y) is an insurance company investing assets
of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption
95-60, 60 Fed. Reg. 35925 (July 12, 1995) (the "Exemption")
applies to such transferee's acquisition and holding of such
Certificate, or (ii) an opinion of counsel satisfactory to the
Trustee, which opinion shall not be an expense of the Trustee or
the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the
Trust Fund being deemed to be "plan assets" and subject to the
prohibited transaction provisions of ERISA or Section 4975 and
will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in
the event that, as a result of a change of law or otherwise,
counsel satisfactory to the Trustee has rendered an opinion to
the effect that the purchase and holding of a Class M, Class B1,
Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan
120
<PAGE>
or a Person that is purchasing or holding such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975.
No transfer of any Class R or Class RL Certificate
shall be made to any Person unless the Trustee has received a
certificate from such transferee to the effect that, among other
things, such transferee (x) is not an employee benefit plan
subject to ERISA or a Plan or a Person that is using the assets
of a Plan to acquire any such Class R or Class RL Certificate or
(y) is an insurance company investing assets of its general
account and the Exemption applies to such transferee's
acquisition and holding of any such Class R or Class RL
Certificate.
As provided in the Agreement, and subject to certain
limitations therein set forth, the transfer of this Certificate
is registerable in the Certificate Register of the Trustee upon
surrender of this Certificate for registration of transfer at the
office or agency maintained by the Trustee in the city in which
the Corporate Trust Office of the Trustee is located or in the
City of New York, accompanied by a written instrument of transfer
in form satisfactory to the Company, the Trustee, and the
Certificate Registrar duly executed by the Holder hereof or such
Holder's attorney duly authorized in writing, and thereupon one
or more new Certificates of the same Class of authorized
denominations evidencing the same aggregate Percentage Interest
will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered
Certificates without coupons in denominations specified in the
Agreement. As provided in the Agreement and subject to certain
limitations therein set forth, Certificates are exchangeable for
new Certificates of the same Class of authorized denominations
evidencing the same aggregate Percentage Interest as requested by
the Holder surrendering the same.
No service charge will be made for any such
registration of transfer or exchange, but the Trustee may require
payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Trustee and the Certificate Registrar and any
agent of the Trustee or the Certificate Registrar may treat the
Person in whose name this Certificate is registered as the owner
hereof for all purposes, and neither the Trustee, the Certificate
Registrar nor any such agent shall be affected by any notice to
the contrary.
The obligations and responsibilities created by the
Agreement, and the Trust Fund created thereby shall terminate
upon payment to the Certificateholders, or provision therefor, in
accordance with the Agreement following the earlier of (a) the
repurchase by the Company of all Mortgage Loans and all property
acquired in respect of any Mortgage Loan remaining in the Trust
Fund at a price equal to the sum of (x) 100% of the unpaid
principal balance of each Mortgage Loan (other than a Mortgage
Loan described in clause (y)) plus accrued and unpaid interest
thereon at the rate provided for in the Agreement (less any
amounts representing previously unreimbursed Monthly Advances)
and (y) the appraised value of any property acquired in respect
of a Mortgage Loan determined as provided in the Agreement, and
(b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan
remaining in the Trust Fund and the disposition of all property
acquired
121
<PAGE>
upon foreclosure or by deed in lieu of foreclosure of any
Mortgage Loan. The right of the Company to repurchase all the
Mortgage Loans and property in respect of Mortgage Loans is
subject to the Pool Scheduled Principal Balance at the time of
repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise
of such right will result in early retirement of the
Certificates.
Unless this Certificate has been countersigned by the
Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any
purpose.
122
<PAGE>
IN WITNESS WHEREOF, the Trustee has caused this
Certificate to be duly executed under its official seal.
STATE STREET BANK AND TRUST
COMPANY, not in its individual
capacity but solely as Trustee
(SEAL)
By:___________________________
Name:
Title:
Countersigned:
By_______________________
Authorized Signatory of
STATE STREET BANK AND TRUST COMPANY,
not in its individual capacity but
solely as Trustee
Dated:___________________
123
<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s) and
transfer(s) unto
Please insert social security
or other identifying number of assignee
- -----------------------------------------------------------------
- -----------------------------------------------------------------
(Please print or typewrite name and address
including postal zip code of assignee)
- -----------------------------------------------------------------
this Certificate evidencing a Percentage Interest in certain
distributions with respect to the Trust Fund and hereby
authorizes the transfer of registration of such interest to
assignee on the Certificate Register of said Trust Fund.
I (we) further direct the Certificate Registrar to
issue a new Certificate of like Class and Percentage Interest, to
the above named assignee and deliver such Certificate to the
following address:
- -----------------------------------------------------------------
- -----------------------------------------------------------------
- -----------------------------------------------------------------
Dated:
----------------------
- -------------------------------------
Signature by or on behalf of assignor
- ----------------------------
*Signature Guaranteed*
*The signature hereon must be guaranteed by a bank, trust company
or broker of the signatory who is a member of a signature
guarantee medallion program.
124
<PAGE>
In connection with any transfer of this Certificate,
the undersigned registered holder hereof confirms that without
utilizing any general solicitation or general advertising:
(Check One) -
|_| (a) This Certificate is being transferred by
the undersigned to a person whom the
undersigned reasonably believes is a
"qualified institutional buyer" (as defined
in Rule 144A under the Securities Act of
1933, as amended) pursuant to the exemption
from registration under the Securities Act
of 1933, as amended, provided by Rule 144A
thereunder.
|_| (b) This Certificate is being transferred by
the undersigned to an institutional
"accredited investor" (as defined in Rule
501(a)(1), (2), (3) or (7) of Regulation D
under the Securities Act of 1933, as
amended) and that the undersigned has been
advised by the prospective purchaser that it
intends to hold this Certificate for
investment and not for distribution or
resale.
Dated (Signature)
- -------------------- ----------------------
If none of the foregoing boxes is checked, the Trustee shall not
be obligated to register this Certificate in the name of any
person other than the registered holder thereof unless and until
the conditions to any such transfer of registration set forth
herein, and in the Pooling and Servicing Agreement have been
satisfied.
TO BE COMPLETED BY PURCHASER IF (a) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is
a "qualified institutional buyer" (as defined in Rule 144A under
the Securities Act of 1933, as amended) and acknowledges that it
has received such information as the undersigned has requested
pursuant to Rule 144A or has determined not to request such
information and that it is aware that the registered holder is
relying upon the undersigned's foregoing representations in order
to claim the exemption from registration provided by Rule 144A,
and (ii) the undersigned (x) is not an employee benefit plan
subject to the Employee Retirement Income Security Act of 1974,
as amended, or a plan subject to Section 4975 of the Internal
Revenue Code of 1986, as amended, and is not using the assets of
any such employee benefit or other plan to acquire this
Certificate or (y) is an insurance company investing assets of
its general account and the exemptions provided by Section III(a)
of Department of Labor Prohibited Transaction Exemption 95-60, 60
Fed. Reg. 35925 (July 12, 1995), apply to the acquisition and
holding by the undersigned of this Certificate.
125
<PAGE>
Dated (Signature)
- -------------------- ----------------------
TO BE COMPLETED BY PURCHASER IF (b) ABOVE IS CHECKED:
The undersigned represents and warrants that (i) it is
an institutional "accredited investor" (as defined in Rule
501(a)(1), (2), (3) or (7) of Regulation D under the Securities
Act of 1933, as amended), and (ii) the undersigned (x) is not an
employee benefit plan subject to the Employee Retirement Income
Security Act of 1974, as amended, or a plan subject to Section
4975 of the Internal Revenue Code of 1986, as amended, and is not
using the assets of any such employee benefit or other plan to
acquire this Certificate or (y) is an insurance company investing
assets of its general account and the exemptions provided by
Section III(a) of Department of Labor Prohibited Transaction
Exemption 95-60, 60 Fed. Reg. 35925 (July 12, 1995), apply to the
acquisition and holding by the undersigned of this Certificate.
Dated (Signature)
- -------------------- ----------------------
126
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT
REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR
THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES ("BLUE SKY
LAWS"), AND SUCH CERTIFICATE MAY NOT BE OFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM THE SELLER
REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN
EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (C) TO AN INSTITUTIONAL
ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND IN ACCORDANCE WITH ANY APPLICABLE BLUE SKY
LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF THE
EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
127
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B4 Certificate
Principal Balance:
Class B4 $1,803,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP:36157RQU2
September 25, 1998
128
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class B4 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
129
<PAGE>
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF DISTRIBUTION TO CERTAIN
CLASSES OF THE CERTIFICATES AS SET FORTH HEREIN AND IN THE AGREEMENT
REFERRED TO HEREIN.
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR
THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES ("BLUE SKY
LAWS"), AND SUCH CERTIFICATE MAY NOT BE OFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED EXCEPT (A) TO A PERSON WHOM THE SELLER
REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE
MEANING OF RULE 144A UNDER THE SECURITIES ACT IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144A, (B) PURSUANT TO AN
EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (C) TO AN INSTITUTIONAL
ACCREDITED INVESTOR AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7)
OF REGULATION D UNDER THE SECURITIES ACT, IN EACH CASE IN A
TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE
SECURITIES ACT AND IN ACCORDANCE WITH ANY APPLICABLE BLUE SKY
LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF THE
EXEMPTION PROVIDED BY RULE 144 FOR RESALES OF THIS CERTIFICATE.
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET
FORTH IN THE AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE
CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE AT ANY TIME MAY
BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL BALANCE OF THIS
CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE
SERVICES, INC. OR THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION
5.02 OF THE AGREEMENT.
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE
MORTGAGE INVESTMENT CONDUIT" ("REMIC") (AS THOSE TERMS ARE
DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE
INTERNAL REVENUE CODE OF 1986, AS AMENDED
THIS CERTIFICATE MAY NOT BE PURCHASED BY OR TRANSFERRED TO ANY
EMPLOYEE BENEFIT PLAN SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR A PLAN SUBJECT TO
SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
("SECTION 4975") (A "PLAN") OR A PERSON THAT IS USING THE ASSETS
OF A PLAN TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED
HEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO CERTAIN
OTHER RESTRICTIONS AS SET FORTH HEREIN.
130
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-13
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B5 Certificate
Principal Balance:
Class B5 $2,705,155.62
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
August 1, 1998
First Distribution Date: CUSIP:36157RQV0
September 25, 1998
131
<PAGE>
THIS CERTIFIES THAT
is the registered owner of the Percentage Interest evidenced by
this Certificate (obtained by dividing the initial Certificate
Principal Balance of this Certificate by the aggregate initial
Certificate Principal Balance of all Class B5 Certificates, both
as specified above) in certain distributions with respect to the
Trust Fund, consisting primarily of a pool (the "Pool") of
conventional, fixed rate, one- to four-family mortgage loans (the
"Mortgage Loans"), sold and serviced by GE Capital Mortgage
Services, Inc., a corporation organized and existing under the
laws of the State of New Jersey (the "Company"). The Trust Fund
was created pursuant to a Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement"), between the Company and
State Street Bank and Trust Company, as trustee (the "Trustee"),
a summary of certain of the pertinent provisions of which is set
forth herein below. To the extent not defined herein, the terms
used herein have the meanings assigned in the Agreement. This
Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement
the Holder of this Certificate by virtue of the acceptance hereof
assents and by which such Holder is bound.
The Agreement requires the distribution on the 25th
day of each month or, if such 25th day is not a Business Day, the
Business Day immediately following (the "Distribution
Date"), commencing in September 1998, to the Person in whose name
this Certificate is registered at the close of business on the
last Business Day of the month immediately preceding the month of
such distribution (the "Record Date"), of an amount equal to the
product of the Percentage Interest evidenced by this Certificate
and the aggregate amount required to be distributed to Holders of
Certificates of the same Class as this Certificate pursuant to
the Agreement.
Distributions on this Certificate will be made by the
Trustee by check or money order mailed to the Person entitled
thereto at the address appearing in the Certificate Register or,
upon written request by the Certificateholder, by such other
means of payment as such Person and the Trustee shall agree.
Except as otherwise provided in the Agreement, the final
distribution on this Certificate will be made in the applicable
manner described above, after due notice by the Trustee of the
pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency maintained
for that purpose by the Trustee in New York, New York.
This Certificate is one of a duly authorized issue of
Certificates designated as REMIC Multi-Class Pass-Through
Certificates, Series 1998-13, issued in thirty-five Classes
(Class A1, Class A2, Class A3, Class A4, Class A5, Class A6,
Class A7, Class A8, Class A9, Class A10, Class A11, Class A12,
Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22, Class A23, Class A24,
Class A25,
132
<PAGE>
EXHIBIT B
PRINCIPAL BALANCE SCHEDULES
<PAGE>
APPENDIX A
PAC BALANCES TABLE
The PAC Balances set forth in the table below were calculated on the basis
of the Class Certificate Principal Balances of the PAC Certificates set forth on
the cover hereof, and the other assumptions described in 'Yield and Weighted
Average Life Considerations--Weighted Average Lives of the Certificates--PAC
Certificates' herein. If such Class Certificate Principal Balances are increased
or decreased in accordance with the variance permitted hereby, the applicable
balances set forth in the table below will be increased or decreased
substantially correspondingly. In such event, the final PAC Balances Table will
be calculated on or about the Closing Date on the basis of such revised Class
Certificate Principal Balances and on the basis of (1) the applicable
Structuring Range of the PAC Certificates, (2) the assumptions set forth in
clauses (i), (iv) through (viii), (x) and (xi) of the Modeling Assumptions and
(3) the characteristics of the Mortgage Loans included in the Mortgage Pool on
the Closing Date. The final PAC Balances Table will be set forth in the
Agreement, which will be filed as an exhibit to the Detailed Description.
<TABLE>
<CAPTION>
PAC BALANCES
-----------------------------------------------------------------------------------------------------
DISTRIBUTION DATE CLASS A6 CLASS A7 CLASS A8 CLASS A9 CLASS A10 CLASS A14
- ------------------------ -------------- -------------- -------------- -------------- -------------- --------------
<S> <C> <C> <C> <C> <C> <C>
Initial Balance......... $40,997,000.00 $20,000,000.00 $30,000,000.00 $32,615,223.00 $35,317,777.00 $57,922,000.00
September 1998.......... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 57,628,462.15
October 1998............ 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 57,073,649.39
November 1998........... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 56,439,054.21
December 1998........... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 55,724,852.57
January 1999............ 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 54,931,277.43
February 1999........... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 54,058,618.76
March 1999.............. 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 53,107,223.47
April 1999.............. 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 52,077,495.29
May 1999................ 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 50,969,894.52
June 1999............... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 49,784,937.80
July 1999............... 40,997,000.00 20,000,000.00 30,000,000.00 32,615,223.00 35,317,777.00 48,523,197.77
August 1999............. 39,918,773.67 20,000,000.00 30,000,000.00 32,615,223.00 35,009,712.34 48,088,900.16
September 1999.......... 38,686,105.85 20,000,000.00 30,000,000.00 32,615,223.00 34,657,521.55 47,708,558.96
October 1999............ 37,388,921.95 20,000,000.00 30,000,000.00 32,615,223.00 34,286,897.59 47,307,550.87
November 1999........... 36,027,751.25 20,000,000.00 30,000,000.00 32,615,223.00 33,897,991.68 46,886,224.11
December 1999........... 34,603,156.20 20,000,000.00 30,000,000.00 32,615,223.00 33,490,964.54 46,444,952.33
January 2000............ 33,115,732.08 20,000,000.00 30,000,000.00 32,615,223.00 33,065,986.23 45,984,134.21
February 2000........... 31,566,106.61 20,000,000.00 30,000,000.00 32,615,223.00 32,623,236.11 45,504,192.93
March 2000.............. 29,954,939.54 20,000,000.00 30,000,000.00 32,615,223.00 32,162,902.67 45,005,575.65
April 2000.............. 28,282,922.16 20,000,000.00 30,000,000.00 32,615,223.00 31,685,183.44 44,488,752.96
May 2000................ 26,550,776.91 20,000,000.00 30,000,000.00 32,615,223.00 31,190,284.81 43,954,218.26
June 2000............... 24,759,256.80 20,000,000.00 30,000,000.00 32,615,223.00 30,678,421.93 43,402,487.14
July 2000............... 22,909,144.94 20,000,000.00 30,000,000.00 32,615,223.00 30,149,818.56 42,834,096.67
August 2000............. 21,001,253.93 20,000,000.00 30,000,000.00 32,615,223.00 29,604,706.86 42,249,604.69
September 2000.......... 19,036,425.33 20,000,000.00 30,000,000.00 32,615,223.00 29,043,327.27 41,649,589.11
October 2000............ 17,015,529.05 20,000,000.00 30,000,000.00 32,615,223.00 28,465,928.35 41,034,647.03
November 2000........... 14,939,462.68 20,000,000.00 30,000,000.00 32,615,223.00 27,872,766.55 40,405,394.04
December 2000........... 12,809,150.88 20,000,000.00 30,000,000.00 32,615,223.00 27,264,106.05 39,762,463.27
January 2001............ 10,625,544.66 20,000,000.00 30,000,000.00 32,615,223.00 26,640,218.58 39,106,504.57
February 2001........... 8,453,012.77 20,000,000.00 30,000,000.00 32,615,223.00 26,019,495.20 38,458,811.50
March 2001.............. 6,291,498.95 20,000,000.00 30,000,000.00 32,615,223.00 25,401,919.84 37,819,298.03
April 2001.............. 4,140,947.25 20,000,000.00 30,000,000.00 32,615,223.00 24,787,476.51 37,187,878.82
May 2001................ 2,001,302.00 20,000,000.00 30,000,000.00 32,615,223.00 24,176,149.31 36,564,469.21
June 2001............... 0.00 19,953,801.57 29,953,703.87 32,580,225.39 23,567,922.43 35,948,985.23
July 2001............... 0.00 19,186,317.60 29,184,596.89 31,998,818.17 22,962,780.11 35,341,343.61
August 2001............. 0.00 18,422,725.86 28,419,390.35 31,420,359.50 22,360,706.71 34,741,461.73
September 2001.......... 0.00 17,663,006.58 27,658,064.47 30,844,834.42 21,761,686.66 34,149,257.64
October 2001............ 0.00 16,907,140.12 26,900,599.56 30,272,228.03 21,165,704.46 33,564,650.05
November 2001........... 0.00 16,155,106.94 26,146,976.03 29,702,525.55 20,572,744.71 32,987,558.35
December 2001........... 0.00 15,406,887.60 25,397,174.41 29,135,712.24 19,982,792.07 32,417,902.54
January 2002............ 0.00 14,662,462.75 24,651,175.31 28,571,773.45 19,395,831.31 31,855,603.31
February 2002........... 0.00 13,921,813.18 23,908,959.46 28,010,694.61 18,811,847.25 31,300,581.95
March 2002.............. 0.00 13,184,919.73 23,170,507.68 27,452,461.22 18,230,824.81 30,752,760.42
April 2002.............. 0.00 12,451,763.38 22,435,800.90 26,897,058.87 17,652,748.97 30,212,061.28
May 2002................ 0.00 11,722,325.19 21,704,820.15 26,344,473.22 17,077,604.82 29,678,407.72
June 2002............... 0.00 10,996,586.32 20,977,546.54 25,794,689.99 16,505,377.49 29,151,723.58
July 2002............... 0.00 10,274,528.06 20,253,961.32 25,247,694.99 15,936,052.22 28,631,933.26
August 2002............. 0.00 9,556,131.74 19,534,045.79 24,703,474.10 15,369,614.32 28,118,961.82
September 2002.......... 0.00 8,841,378.85 18,817,781.39 24,162,013.28 14,806,049.16 27,612,734.89
</TABLE>
S-68
<PAGE>
<TABLE>
<CAPTION>
PAC BALANCES
-----------------------------------------------------------------------------------------------------
DISTRIBUTION DATE CLASS A6 CLASS A7 CLASS A8 CLASS A9 CLASS A10 CLASS A14
- ------------------------ -------------- -------------- -------------- -------------- -------------- --------------
<S> <C> <C> <C> <C> <C> <C>
October 2002............ $ 0.00 $ 8,130,250.94 18,105,149.63 $23,623,298.57 $14,245,342.21 $27,113,178.71
November 2002........... 0.00 7,422,729.66 17,396,132.14 23,087,316.06 13,687,479.00 26,620,220.11
December 2002........... 0.00 6,718,796.77 16,690,710.62 22,554,051.94 13,132,445.15 26,133,786.52
January 2003............ 0.00 6,018,434.12 15,988,866.89 22,023,492.45 12,580,226.35 25,653,805.93
February 2003........... 0.00 5,321,623.66 15,290,582.87 21,495,623.92 12,030,808.36 25,180,206.93
March 2003.............. 0.00 4,628,347.42 14,595,840.54 20,970,432.74 11,484,177.02 24,712,918.68
April 2003.............. 0.00 3,938,587.55 13,904,622.01 20,447,905.38 10,940,318.24 24,251,870.90
May 2003................ 0.00 3,252,326.27 13,216,909.48 19,928,028.38 10,399,218.03 23,796,993.87
June 2003............... 0.00 2,569,545.91 12,532,685.22 19,410,788.34 9,860,862.43 23,348,218.45
July 2003............... 0.00 1,890,228.89 11,851,931.62 18,896,171.96 9,325,237.58 22,905,476.04
August 2003............. 0.00 1,214,357.71 11,174,631.16 18,384,165.97 8,792,329.71 22,468,698.58
September 2003.......... 0.00 589,686.26 10,548,638.70 17,910,946.32 8,299,791.56 22,067,360.53
October 2003............ 0.00 0.00 9,926,048.83 17,408,709.09 7,809,930.62 21,671,672.49
November 2003........... 0.00 0.00 9,306,844.54 16,322,723.35 7,322,733.48 21,281,568.07
December 2003........... 0.00 0.00 8,691,008.86 15,242,645.64 6,838,186.81 20,896,981.44
January 2004............ 0.00 0.00 8,078,524.95 14,168,446.39 6,356,277.34 20,517,847.28
February 2004........... 0.00 0.00 7,469,376.04 13,100,096.20 5,876,991.90 20,144,100.79
March 2004.............. 0.00 0.00 6,863,545.47 12,037,565.84 5,400,317.36 19,775,677.69
April 2004.............. 0.00 0.00 6,261,016.63 10,980,826.21 4,926,240.67 19,412,514.21
May 2004................ 0.00 0.00 5,661,773.06 9,929,848.40 4,454,748.86 19,054,547.07
June 2004............... 0.00 0.00 5,065,798.32 8,884,603.61 3,985,829.01 18,701,713.52
July 2004............... 0.00 0.00 4,473,076.12 7,845,063.25 3,519,468.29 18,353,951.28
August 2004............. 0.00 0.00 3,883,590.21 6,811,198.83 3,055,653.92 18,011,198.58
September 2004.......... 0.00 0.00 3,307,232.95 5,800,359.97 2,602,169.33 17,682,668.28
October 2004............ 0.00 0.00 2,734,018.34 4,795,032.83 2,151,157.42 17,358,919.80
November 2004........... 0.00 0.00 2,175,205.55 3,814,964.17 1,711,477.01 17,013,872.25
December 2004........... 0.00 0.00 1,634,639.03 2,866,896.57 1,286,152.99 16,638,557.25
January 2005............ 0.00 0.00 1,111,798.38 1,949,917.32 874,775.89 16,234,080.48
February 2005........... 0.00 0.00 606,177.31 1,063,138.48 476,947.35 15,801,515.67
March 2005.............. 0.00 0.00 117,283.28 205,696.19 92,279.85 15,341,905.53
April 2005.............. 0.00 0.00 0.00 0.00 0.00 14,036,145.19
May 2005................ 0.00 0.00 0.00 0.00 0.00 12,471,086.65
June 2005............... 0.00 0.00 0.00 0.00 0.00 10,917,307.77
July 2005............... 0.00 0.00 0.00 0.00 0.00 9,382,140.73
August 2005............. 0.00 0.00 0.00 0.00 0.00 7,871,112.58
September 2005.......... 0.00 0.00 0.00 0.00 0.00 6,490,927.14
October 2005............ 0.00 0.00 0.00 0.00 0.00 5,132,451.45
November 2005........... 0.00 0.00 0.00 0.00 0.00 3,795,367.61
December 2005........... 0.00 0.00 0.00 0.00 0.00 2,479,362.24
January 2006............ 0.00 0.00 0.00 0.00 0.00 1,184,126.35
February 2006........... 0.00 0.00 0.00 0.00 0.00 0.00
</TABLE>
S-69
<PAGE>
APPENDIX B
AGGREGATE TAC SEGMENT BALANCES TABLE
The Aggregate TAC Segment Balances set forth in the table below were
calculated on the basis of the Class Certificate Principal Balances of the
Aggregate TAC Segment Certificates set forth on the cover hereof and a constant
prepayment rate of 200% of the Prepayment Assumption. If such Class Certificate
Principal Balances are increased or decreased in accordance with the variance
permitted hereby, the applicable balances set forth in the table below will be
increased or decreased substantially correspondingly. In such event, the final
Aggregate TAC Segment Balances Table will be calculated on or about the Closing
Date on the basis of such revised Class Certificate Principal Balances of the
Aggregate TAC Segment Certificates and on the basis of (1) the characteristics
of the Mortgage Loans included in the Mortgage Pool on the Closing Date, and (2)
the assumptions set forth in clauses (i), (iv) through (viii), (x) and (xi) of
the Modeling Assumptions. The final Aggregate TAC Segment Balances Table will be
set forth in the Agreement, which will be filed as an exhibit to the Detailed
Description.
<TABLE>
<CAPTION>
DISTRIBUTION DATE AGGREGATE TAC SEGMENT BALANCES
- ---------------------------------------------------------------------------------- ------------------------------
<S> <C>
Initial Balance................................................................... $ 234,928,000.00
September 1998.................................................................... 234,096,431.35
October 1998...................................................................... 233,090,516.59
November 1998..................................................................... 231,910,583.87
December 1998..................................................................... 230,557,023.99
January 1999...................................................................... 229,030,404.79
February 1999..................................................................... 227,331,471.37
March 1999........................................................................ 225,461,146.05
April 1999........................................................................ 223,420,528.01
May 1999.......................................................................... 221,210,892.65
June 1999......................................................................... 218,833,690.60
July 1999......................................................................... 216,290,546.50
August 1999....................................................................... 214,969,548.37
September 1999.................................................................... 213,684,940.47
October 1999...................................................................... 212,323,240.41
November 1999..................................................................... 210,886,069.61
December 1999..................................................................... 209,375,169.99
January 2000...................................................................... 207,792,401.40
February 2000..................................................................... 206,139,738.71
March 2000........................................................................ 204,419,268.81
April 2000........................................................................ 202,633,187.21
May 2000.......................................................................... 200,783,794.51
June 2000......................................................................... 198,873,492.63
July 2000......................................................................... 196,904,780.76
August 2000....................................................................... 194,880,251.17
September 2000.................................................................... 192,802,584.78
October 2000...................................................................... 190,674,546.55
November 2000..................................................................... 188,498,980.66
December 2000..................................................................... 186,278,805.56
January 2001...................................................................... 184,017,008.80
February 2001..................................................................... 181,794,781.84
March 2001........................................................................ 179,611,609.03
April 2001........................................................................ 177,466,980.52
May 2001.......................................................................... 175,360,392.28
June 2001......................................................................... 173,291,345.94
July 2001......................................................................... 171,259,348.81
August 2001....................................................................... 169,263,913.77
September 2001.................................................................... 167,304,559.20
October 2001...................................................................... 165,380,808.98
November 2001..................................................................... 163,492,192.35
</TABLE>
S-70
<PAGE>
<TABLE>
<CAPTION>
DISTRIBUTION DATE AGGREGATE TAC SEGMENT BALANCES
- ---------------------------------------------------------------------------------- ------------------------------
<S> <C>
December 2001..................................................................... $ 161,638,243.92
January 2002...................................................................... 159,818,503.56
February 2002..................................................................... 158,032,516.37
March 2002........................................................................ 156,279,832.62
April 2002........................................................................ 154,560,007.66
May 2002.......................................................................... 152,872,601.92
June 2002......................................................................... 151,217,180.82
July 2002......................................................................... 149,593,314.70
August 2002....................................................................... 148,000,578.81
September 2002.................................................................... 146,438,553.20
October 2002...................................................................... 144,906,822.73
November 2002..................................................................... 143,404,976.95
December 2002..................................................................... 141,932,610.10
January 2003...................................................................... 140,489,321.04
February 2003..................................................................... 139,074,713.19
March 2003........................................................................ 137,688,394.48
April 2003........................................................................ 136,329,977.33
May 2003.......................................................................... 134,999,078.56
June 2003......................................................................... 133,695,319.35
July 2003......................................................................... 132,418,325.22
August 2003....................................................................... 131,167,725.94
September 2003.................................................................... 130,058,546.93
October 2003...................................................................... 128,974,215.47
November 2003..................................................................... 127,914,375.30
December 2003..................................................................... 126,878,674.24
January 2004...................................................................... 125,866,764.11
February 2004..................................................................... 124,878,300.75
March 2004........................................................................ 123,912,943.91
April 2004........................................................................ 122,970,357.22
May 2004.......................................................................... 122,050,208.18
June 2004......................................................................... 121,152,168.08
July 2004......................................................................... 120,275,911.99
August 2004....................................................................... 119,421,118.67
September 2004.................................................................... 118,623,260.76
October 2004...................................................................... 117,845,742.04
November 2004..................................................................... 117,048,334.23
December 2004..................................................................... 116,217,065.71
January 2005...................................................................... 115,353,423.14
February 2005..................................................................... 114,458,846.94
March 2005........................................................................ 113,534,732.63
April 2005........................................................................ 111,324,215.55
May 2005.......................................................................... 108,727,439.80
June 2005......................................................................... 106,159,327.15
July 2005......................................................................... 103,619,543.66
August 2005....................................................................... 101,107,758.88
September 2005.................................................................... 98,756,169.25
October 2005...................................................................... 96,430,147.95
November 2005..................................................................... 94,129,388.74
December 2005..................................................................... 91,853,588.63
January 2006...................................................................... 89,602,447.85
February 2006..................................................................... 87,375,669.86
March 2006........................................................................ 85,172,961.26
April 2006........................................................................ 82,994,031.80
May 2006.......................................................................... 80,838,594.30
June 2006......................................................................... 78,706,364.65
</TABLE>
S-71
<PAGE>
<TABLE>
<CAPTION>
DISTRIBUTION DATE AGGREGATE TAC SEGMENT BALANCES
- ---------------------------------------------------------------------------------- ------------------------------
<S> <C>
July 2006......................................................................... $ 76,597,061.78
August 2006....................................................................... 74,510,407.59
September 2006.................................................................... 72,566,714.78
October 2006...................................................................... 70,642,960.81
November 2006..................................................................... 68,738,901.33
December 2006..................................................................... 66,854,294.60
January 2007...................................................................... 64,988,901.44
February 2007..................................................................... 63,142,485.26
March 2007........................................................................ 61,314,811.98
April 2007........................................................................ 59,505,650.02
May 2007.......................................................................... 57,714,770.26
June 2007......................................................................... 55,941,946.05
July 2007......................................................................... 54,186,953.11
August 2007....................................................................... 52,449,569.60
September 2007.................................................................... 50,836,343.88
October 2007...................................................................... 49,237,892.30
November 2007..................................................................... 47,654,036.29
December 2007..................................................................... 46,084,599.13
January 2008...................................................................... 44,529,405.88
February 2008..................................................................... 42,988,283.35
March 2008........................................................................ 41,461,060.13
April 2008........................................................................ 39,947,566.52
May 2008.......................................................................... 38,447,634.53
June 2008......................................................................... 36,961,097.89
July 2008......................................................................... 35,487,791.96
August 2008....................................................................... 34,027,553.81
September 2008.................................................................... 32,580,222.09
October 2008...................................................................... 31,145,637.12
November 2008..................................................................... 29,723,640.78
December 2008..................................................................... 28,314,076.58
January 2009...................................................................... 26,916,789.54
February 2009..................................................................... 25,531,626.29
March 2009........................................................................ 24,158,434.94
April 2009........................................................................ 22,797,065.15
May 2009.......................................................................... 21,447,368.06
June 2009......................................................................... 20,109,196.30
July 2009......................................................................... 18,782,403.97
August 2009....................................................................... 17,466,846.61
September 2009.................................................................... 16,162,381.19
October 2009...................................................................... 14,868,866.11
November 2009..................................................................... 13,586,161.17
December 2009..................................................................... 12,314,127.54
January 2010...................................................................... 11,052,627.79
February 2010..................................................................... 9,801,525.81
March 2010........................................................................ 8,560,686.85
April 2010........................................................................ 7,329,977.50
May 2010.......................................................................... 6,109,265.62
June 2010......................................................................... 4,898,420.41
July 2010......................................................................... 3,697,312.33
August 2010....................................................................... 2,505,813.09
September 2010.................................................................... 1,323,795.70
October 2010...................................................................... 151,134.35
November 2010..................................................................... 0.00
</TABLE>
S-72
<PAGE>
EXHIBIT C
MORTGAGE LOANS
[Each Mortgage Loan shall be identified by loan
number, address of the Mortgaged Property and name of the
Mortgagor. The following details shall be set forth as to each
Mortgage Loan: (i) the principal balance at the time of its
origination, (ii) the Scheduled Principal Balance as of the
Cut-off Date, (iii) the interest rate borne by the Mortgage Note,
(iv) the scheduled monthly level payment of principal and
interest, (v) the Loan-To-Value ratio, (vi) the maturity date of
the Mortgage Note and (vii) the Base Servicing Fee Rate for such
Mortgage Loan. Cooperative Loans and Enhanced Streamlined
Refinance program loans shall be designated as such.]
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007670631 MORTGAGORS: MORRISON JAMES
TREVINO ALBERT
REGION CODE ADDRESS : 19857 JOHN DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94546
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,653.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.99700
----------------------------------------------------------------
0 0007670672 MORTGAGORS: HOTTINGER SKI
HOTTINGER SUSAN
REGION CODE ADDRESS : 88 TOURMALINE AVE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 368,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,279.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,720.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/26
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.57800
----------------------------------------------------------------
0 0007670698 MORTGAGORS: MOSCARET JEFFREY
TESAURO VALERIE
REGION CODE ADDRESS : 621 NORUMBEGA DR.
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 322,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,208.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,280.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0007671340 MORTGAGORS: LAMPE PAUL
LAMPE KAREN
REGION CODE ADDRESS : 6570 E EDINBORO CIR
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 243,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,315.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0007675861 MORTGAGORS: LESSIG RUSSELL
LESSIG MARIA
REGION CODE ADDRESS : 505 JOHNSON STREET
01 CITY : SAUSALITO
STATE/ZIP : CA 94965
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,103.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.79600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,250.00
P & I AMT: 11,200.73
UPB AMT: 1,581,560.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007678444 MORTGAGORS: TRENTINI DARIO
TRENTINI DONNA
REGION CODE ADDRESS : 6 BRIDLE COURT
03 CITY : OYSTER BAY
STATE/ZIP : NY 11771
MORTGAGE AMOUNT : 570,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 567,608.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,833.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.10000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.10000 PRODUCT CODE : 002
LTV : 69.98700
----------------------------------------------------------------
0 0007678451 MORTGAGORS: MYERS PETER
MYERS GAYLE
REGION CODE ADDRESS : 17220 PINE AVENUE
03 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,358.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007678493 MORTGAGORS: SIESS ERIC
SIESS LORI
REGION CODE ADDRESS : 5614 RUBY PLACE
03 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,957.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.72500
----------------------------------------------------------------
0 0007678550 MORTGAGORS: GENDRON BLAKE
GENDRON KATHRYN
REGION CODE ADDRESS : 1340 CORAL DRIVE WEST
03 CITY : TACOMA
STATE/ZIP : WA 98466
MORTGAGE AMOUNT : 266,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,814.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.10000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.10000 PRODUCT CODE : 002
LTV : 73.32400
----------------------------------------------------------------
0 0007678592 MORTGAGORS: PASETSKY ALAN
MOTOLA RENEE
REGION CODE ADDRESS : 5 MACLEAN DRIVE
03 CITY : POUND RIDGE
STATE/ZIP : NY 10576
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,144.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,726.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.91800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,869,800.00
P & I AMT: 12,697.28
UPB AMT: 1,861,883.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007678626 MORTGAGORS: HAUPT LEE
ROSEN MICHAEL
REGION CODE ADDRESS : 5848 HARPER
03 CITY : CHICAGO
STATE/ZIP : IL 60637
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,635.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 61.53800
----------------------------------------------------------------
0 0007678642 MORTGAGORS: GELBER HOWARD
GELBER HILLARY
REGION CODE ADDRESS : 243 HEDGE LANE
03 CITY : HEWLETT HARBOR
STATE/ZIP : NY 11557
MORTGAGE AMOUNT : 485,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 484,270.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,374.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 77.60000
----------------------------------------------------------------
0 0007678667 MORTGAGORS: STAUBER STUART
STAUBER KERRY
REGION CODE ADDRESS : 4 BEAUMONT DRIVE
03 CITY : MELVILLE
STATE/ZIP : NY 11747
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,541.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.10500
----------------------------------------------------------------
0 0007678808 MORTGAGORS: FEIST JOSEPH
REGION CODE ADDRESS : 3620 EAGLE DRIVE
03 CITY : VERO BEACH
STATE/ZIP : FL 32963
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,567.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007678832 MORTGAGORS: BROWN JOSHUA
BROWN STEFANIE
REGION CODE ADDRESS : 21 INDIAN HILL ROAD
03 CITY : GREENWICH
STATE/ZIP : CT 06831
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,390.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 72.97200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,702,000.00
P & I AMT: 11,765.83
UPB AMT: 1,699,406.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007678857 MORTGAGORS: POMERANTZ LISA
POMERANTZ LANCE
REGION CODE ADDRESS : 140 OLD BROADWAY AVENUE
03 CITY : SAYVILLE
STATE/ZIP : NY 11782
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,620.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007678907 MORTGAGORS: VERSES NICHOLAS
VERSES MARY
REGION CODE ADDRESS : 24 OVERBROOK DRIVE
03 CITY : MILLWOOD
STATE/ZIP : NY 10546
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,153.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679012 MORTGAGORS: DERKACHT GREGORY
REGION CODE ADDRESS : 411 WEST ONTARIO STREET, UNIT 519
03 CITY : CHICAGO
STATE/ZIP : IL 60611
MORTGAGE AMOUNT : 469,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,900.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,283.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679095 MORTGAGORS: GILCHRIST ROBERT
GILCHRIST LORAINE
REGION CODE ADDRESS : 32 OLD TOWN LA
03 CITY : HUNTINGTON
STATE/ZIP : NY 11743
MORTGAGE AMOUNT : 252,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,419.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679137 MORTGAGORS: THORNHILL BEVERLY
WHYTE RUDYARD
REGION CODE ADDRESS : 4 GILMORE COURT
03 CITY : SCARSDALE
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 483,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 481,928.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,377.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.92500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,825,400.00
P & I AMT: 12,772.68
UPB AMT: 1,822,023.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679160 MORTGAGORS: THOMPSON BILL
THOMPSON WANDA
REGION CODE ADDRESS : 8448 LIBBY ROAD NORTHEAST
03 CITY : OLYMPIA
STATE/ZIP : WA 98506
MORTGAGE AMOUNT : 410,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,050.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,787.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 52.99300
----------------------------------------------------------------
0 0007679210 MORTGAGORS: EMMETT DONALD
EMMETT HEATHER
REGION CODE ADDRESS : 166 LITTLE NECK ROAD
03 CITY : CENTERPORT
STATE/ZIP : NY 11721
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679277 MORTGAGORS: TOLEDO EVELIO
TOLEDO MARIA
REGION CODE ADDRESS : 12985 CORONADO LN
03 CITY : NORTH MIAMI
STATE/ZIP : FL 33181
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,649.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 76.19000
----------------------------------------------------------------
0 0007679392 MORTGAGORS: SHEETS DAVID
SHEETS NANCY
REGION CODE ADDRESS : 8922 GREENVILLE AVENUE
03 CITY : DALLAS
STATE/ZIP : TX 75243
MORTGAGE AMOUNT : 262,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,151.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 73.62300
----------------------------------------------------------------
0 0007679475 MORTGAGORS: RAMEY JOHN
RAMEY LARA
REGION CODE ADDRESS : 11291 CARMEL CREEK ROAD
03 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,411.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,472,800.00
P & I AMT: 10,182.04
UPB AMT: 1,469,769.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679483 MORTGAGORS: GHIASI ALI
GAST KAREN
REGION CODE ADDRESS : 19947 LINDENBROOK LANE
03 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,493.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679491 MORTGAGORS: PARETI RICHARD
PARETI EILEEN
REGION CODE ADDRESS : 35 COUNTRY CLUB LANE
03 CITY : BRIARCLIFF MANOR
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,496.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 51.58700
----------------------------------------------------------------
0 0007679509 MORTGAGORS: AMIRVAND NADER
REGION CODE ADDRESS : 2141 LIANE LANE
03 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,126.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,178.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0007679517 MORTGAGORS: SHERIFF WILLIAM
SHERIFF NANCY
REGION CODE ADDRESS : 1495 FOX PATH COURT
03 CITY : HOFFMAN ESTATES
STATE/ZIP : IL 60194
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,005.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679525 MORTGAGORS: FRISBY DOUGLAS
FRISBY JANCI
REGION CODE ADDRESS : 1545 CALMAR COURT
03 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,496.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,700,400.00
P & I AMT: 11,837.95
UPB AMT: 1,697,617.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679533 MORTGAGORS: POLLOCK ROBERT
POLLOCK KAREN
REGION CODE ADDRESS : 3289 MANDEVILLE CANYON ROAD
03 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,248.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,531.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 36.33000
----------------------------------------------------------------
0 0007679541 MORTGAGORS: CONVERTINO FRANK
CONVERTINO JO
REGION CODE ADDRESS : 6917 COUNTRY CLUB DRIVE
03 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,652.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,658.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679558 MORTGAGORS: GREENLEE TERRILL
GREENLEE ZOE
REGION CODE ADDRESS : 1321 RANCHO ENCINITAS DRIVE
03 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 567,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 566,148.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,983.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 79.30000
----------------------------------------------------------------
0 0007679566 MORTGAGORS: IRBY ROBERT
IRBY LINDA
REGION CODE ADDRESS : 40 BAYHILLS DRIVE
03 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,410.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,810.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------
0 0007679574 MORTGAGORS: LEADER PATRICIA
REGION CODE ADDRESS : 1553 HAMILTON AVENUE
03 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,617.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 72.77700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,970,000.00
P & I AMT: 13,833.75
UPB AMT: 1,967,076.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679582 MORTGAGORS: POULSEN ERIK
POULSEN JENNIFER
REGION CODE ADDRESS : 681 CORTE VINA
03 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,553.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679590 MORTGAGORS: LOWE THOMAS
LOWE CHERI
REGION CODE ADDRESS : 5130 LAURETTE STREET
03 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,796.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679608 MORTGAGORS: PEGUES DARNELL
PEGUES DEBORAH
REGION CODE ADDRESS : 4200 DON ALEGRE PLACE
03 CITY : LOS ANGELES
STATE/ZIP : CA 90008
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,469.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679616 MORTGAGORS: ROCKEY KEVIN
ROCKEY EILEEN
REGION CODE ADDRESS : 23604 EVALYN AVENUE
03 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 298,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,565.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679640 MORTGAGORS: HANLEY PETER
HANLEY SUE
REGION CODE ADDRESS : 5000 N.W. 81 AVENUE
03 CITY : CORAL SPRINGS
STATE/ZIP : FL 33067
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,087.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,376,100.00
P & I AMT: 9,378.04
UPB AMT: 1,373,472.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679657 MORTGAGORS: GASPER MARK
GASPER CHERYL
REGION CODE ADDRESS : 2584 SE 9 STREET
03 CITY : POMPANO BEACH
STATE/ZIP : FL 33062
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,941.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.04700
----------------------------------------------------------------
0 0007679673 MORTGAGORS: KAZEMI ABI
KAZEMI MINOO
REGION CODE ADDRESS : 21795 OLIVE AVENUE
03 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,491.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,424.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 62.16200
----------------------------------------------------------------
0 0007679707 MORTGAGORS: PATLAN ENRIQUE
PATLAN MARTHA
REGION CODE ADDRESS : 704 VALLE VISTA DRIVE
03 CITY : SIERRA, MADRE,
STATE/ZIP : CA 91024
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,510.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679715 MORTGAGORS: YOKOMIZO SUZIE
REGION CODE ADDRESS : 12 CREST ROAD
03 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,437.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,452.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 69.80000
----------------------------------------------------------------
0 0007679756 MORTGAGORS: PLATTUS ANDREW
PLATTUS KATHLEEN
REGION CODE ADDRESS : 13013 ROSE AVENUE
03 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 283,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,652.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 63.47500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,620,100.00
P & I AMT: 11,305.32
UPB AMT: 1,617,033.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679772 MORTGAGORS: LEE CLARENCE
LEE GLORIA
REGION CODE ADDRESS : 2117 CHELSEA ROAD
03 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,430.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,483.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.85500
----------------------------------------------------------------
0 0007679780 MORTGAGORS: STUERMER MICHAEL
STUERMER MARGARET
REGION CODE ADDRESS : 17W343 HILLSIDE LN
03 CITY : HINSDALE
STATE/ZIP : IL 60521
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,699.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679798 MORTGAGORS: DICKEY ARLENE
LOCKREM MYRON
REGION CODE ADDRESS : 1967 CUMBRE DR
03 CITY : SAN PEDRO
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,541.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679814 MORTGAGORS: DE LA TORRE MICHAEL
DE LA TORRE LISA
REGION CODE ADDRESS : 578 JOOST AVENUE
03 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,748.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.16000
----------------------------------------------------------------
0 0007679830 MORTGAGORS: MILIOTO MARK
MILIOTO MARGARET
REGION CODE ADDRESS : 4185 WATKINS WAY
03 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,591.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,977.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,462,000.00
P & I AMT: 10,161.69
UPB AMT: 1,457,011.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679863 MORTGAGORS: FELTENSTEIN THOMAS
FELTENSTEIN MARY
REGION CODE ADDRESS : 315 SOUTHWOODS ROAD
03 CITY : PALM BEACH
STATE/ZIP : FL 33480
MORTGAGE AMOUNT : 587,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 587,007.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,070.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 69.98800
----------------------------------------------------------------
0 0007679871 MORTGAGORS: DARGENZIO ALFONSO
DARGENZIO ROSE
REGION CODE ADDRESS : 503 ANDOVER DRIVE
03 CITY : BURBANK
STATE/ZIP : CA 91504
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,452.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.16400
----------------------------------------------------------------
0 0007679897 MORTGAGORS: WOODARD ROBERT
WOODARD MERRILL
REGION CODE ADDRESS : 44 RENZ ROAD
03 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 487,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 486,951.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,360.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 62.52500
----------------------------------------------------------------
0 0007679905 MORTGAGORS: DAVID DONALD
DAVID SHIRLEY
REGION CODE ADDRESS : 20779 PELICAN LOOP
03 CITY : BODEGA BAY
STATE/ZIP : CA 95423
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,566.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,160.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.70000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.70000 PRODUCT CODE : 002
LTV : 72.14200
----------------------------------------------------------------
0 0007679921 MORTGAGORS: LAM THOAI
NGUYEN MY-LOAN
REGION CODE ADDRESS : 2240 VISTA VERDE DRIVE
03 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,606.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,992,600.00
P & I AMT: 13,824.45
UPB AMT: 1,989,584.56
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007679947 MORTGAGORS: REICH ROBERT
REICH BONNIE
REGION CODE ADDRESS : 3810 NE 27TH AVENUE
03 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,346.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007679970 MORTGAGORS: HEDRICK WILLIAM
REGION CODE ADDRESS : 1306 CORONA AVENUE
03 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 286,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,181.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 74.99600
----------------------------------------------------------------
0 0007679988 MORTGAGORS: MEADOR LUANN
MEADOR JAMES
REGION CODE ADDRESS : 9648 POPLAR COURT
03 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,425.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,740.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------
0 0007679996 MORTGAGORS: SCHULTHEIS WILLIAM
SCHULTHEIS PATRICIA
REGION CODE ADDRESS : 18986 MOUNT CASTLE CIRCLE
03 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,462.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 79.06900
----------------------------------------------------------------
0 0007680002 MORTGAGORS: WESTBERG R.M.
WESTBERG CLAIRE
REGION CODE ADDRESS : 27041 MISSION HILL DRIVE
03 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 371,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,463.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,632.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,795,600.00
P & I AMT: 12,529.02
UPB AMT: 1,792,879.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680010 MORTGAGORS: GARCIA FERNANDO
GARCIA ROBIN
REGION CODE ADDRESS : 3826 EDENWOOD DRIVE
03 CITY : SAN JOSE
STATE/ZIP : CA 95121
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,594.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680028 MORTGAGORS: SETAYESH MORTEZA
SETAYESH SHOREH
REGION CODE ADDRESS : 12914 GUACAMAYO COURT
03 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 555,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 554,173.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,880.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007680036 MORTGAGORS: MCCLELLAND PATRICK
MCCLELLAND AMY
REGION CODE ADDRESS : 1445 BENITO AVENUE
03 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 335,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,853.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,242.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.05000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.05000 PRODUCT CODE : 002
LTV : 46.90900
----------------------------------------------------------------
0 0007680044 MORTGAGORS: CASTILLO CLARENCE
CASTILLO YOLANDA
REGION CODE ADDRESS : 1232 LAUREL HILL DRIVE
03 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 496,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,888.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,468.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680051 MORTGAGORS: BITTERLIN CHRISTOPHER
BITTERLIN ROBIN
REGION CODE ADDRESS : 3716 SOUTHERNWOOD WAY
03 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,389.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.22900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,024,400.00
P & I AMT: 14,060.27
UPB AMT: 2,020,900.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680069 MORTGAGORS: GURMAN ARNON
GURMAN MICHELLE
REGION CODE ADDRESS : 6436 WEST LINDENHURST AVENUE
03 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,077.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
0 0007680077 MORTGAGORS: IRVIN BENJAMIN
JOHNSTON PEGGY
REGION CODE ADDRESS : 21881 HERMOSA AVE.
03 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,396.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.70000
----------------------------------------------------------------
0 0007680085 MORTGAGORS: HO VICKY
HO PATRICK
REGION CODE ADDRESS : 1324 ACADEMY COURT
03 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,575.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 46.94800
----------------------------------------------------------------
0 0007680101 MORTGAGORS: MARA RUBEN
MARA MARIA LOURDES
REGION CODE ADDRESS : 435 MILAGROSA CIRCLE
03 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,228.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,312.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680119 MORTGAGORS: SNELSON GREG
SNELSON TERRI
REGION CODE ADDRESS : 11125 BROADVIEW DRIVE
03 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,367.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,715.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 89.88700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,885,500.00
P & I AMT: 13,084.04
UPB AMT: 1,882,646.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680127 MORTGAGORS: WOLFE LARRY
WOLFE ARLENE
REGION CODE ADDRESS : 2225 BATAAN RD # A
03 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 298,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,855.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.50000
----------------------------------------------------------------
0 0007680135 MORTGAGORS: CURRY PAUL
CURRY SUSAN
REGION CODE ADDRESS : 32 MAPLE AVENUE
03 CITY : KENTFIELD
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 414,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,377.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,880.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 66.24000
----------------------------------------------------------------
0 0007680150 MORTGAGORS: BACIC MILO
REGION CODE ADDRESS : 2027 VAN KARAJAN DRIVE
03 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,312.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
0 0007680176 MORTGAGORS: BURLISON JAMES
BURLISON DEES
REGION CODE ADDRESS : 561 SILVER OAK LANE
03 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 254,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,531.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 74.98100
----------------------------------------------------------------
0 0007680184 MORTGAGORS: JUSTICE DIANA
REGION CODE ADDRESS : 5264 CASTLE HILLS DRIVE
03 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,415.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,400.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.05000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.05000 PRODUCT CODE : 002
LTV : 69.70800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,200.00
P & I AMT: 11,020.16
UPB AMT: 1,583,493.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680192 MORTGAGORS: ROTHSCHILLER CURTIS
ROTHSCHILLER DEBORAH
REGION CODE ADDRESS : 2236 VIA LOMA
03 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,216.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,342.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680200 MORTGAGORS: KADANER SEMYON
KADANER GALINA
REGION CODE ADDRESS : 714 BLACKFOOT CT
03 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,633.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 73.93900
----------------------------------------------------------------
0 0007680218 MORTGAGORS: WILDRICK MEADE
WILDRICK LORI
REGION CODE ADDRESS : 2502 AQUASANTA
03 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,800.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------
0 0007680226 MORTGAGORS: DAMRON EDWARD
DAMRON CAROLYN
REGION CODE ADDRESS : 151 OCEAN VIEW AVENUE
03 CITY : CARPINTERIA
STATE/ZIP : CA 93013
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,504.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,193.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 71.11100
----------------------------------------------------------------
0 0007680234 MORTGAGORS: KRAGEN GREG
KRAGEN CINDY
REGION CODE ADDRESS : 50 SADDLEBACK PLACE
03 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,263.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,618.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 58.95900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,699,000.00
P & I AMT: 11,787.16
UPB AMT: 1,695,416.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680242 MORTGAGORS: PHILLIPS CHRISTOPHER
REGION CODE ADDRESS : 5150 VELOZ AVENUE
03 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,433.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680259 MORTGAGORS: OBRINSKY ROBERT
SIMONE LUISA
REGION CODE ADDRESS : 1824 NEWFIELD AVENUE
03 CITY : STAMFORD
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,389.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.05000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.05000 PRODUCT CODE : 002
LTV : 78.94700
----------------------------------------------------------------
0 0007680291 MORTGAGORS: BARRANTES CARLOS
BARRANTES ANA
REGION CODE ADDRESS : 10763 FLAXTON STREET
03 CITY : CULVER CITY
STATE/ZIP : CA 90230
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,428.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 79.55500
----------------------------------------------------------------
0 0007680309 MORTGAGORS: AVILA CHRISTINE
REGION CODE ADDRESS : 2319 EAST ORANGE GROVE BOULEVARD
03 CITY : PASADENA
STATE/ZIP : CA 91104
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,509.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 78.04800
----------------------------------------------------------------
0 0007680325 MORTGAGORS: YAP VERONICA
YAP DAVID
REGION CODE ADDRESS : 28833 INDIAN VALLEY ROAD
03 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 392,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,924.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,651.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 77.74200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,845,600.00
P & I AMT: 12,647.47
UPB AMT: 1,842,685.32
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680358 MORTGAGORS: PO KIMBERLY
REGION CODE ADDRESS : 518 11TH STREET, UNIT #A
03 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,566.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 74.66600
----------------------------------------------------------------
0 0007680374 MORTGAGORS: WOOLMAN CRAIG
REGION CODE ADDRESS : 6089 MILLER LANE
03 CITY : LISLE
STATE/ZIP : IL 60532
MORTGAGE AMOUNT : 272,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,300.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,907.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.43100
----------------------------------------------------------------
0 0007680382 MORTGAGORS: WADSWORTH MARK
REGION CODE ADDRESS : 520 MANZANITA AVENUE
03 CITY : SIERRA MADRE
STATE/ZIP : CA 91024
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,516.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 79.39300
----------------------------------------------------------------
0 0007680390 MORTGAGORS: HARVEY ROY
HARVEY DEVREA
REGION CODE ADDRESS : 3920 VIA PALO VERDE LAGO
03 CITY : ALPINE
STATE/ZIP : CA 91901
MORTGAGE AMOUNT : 349,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,346.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 69.98000
----------------------------------------------------------------
0 0007680408 MORTGAGORS: LANDER PAUL
LANDER MERYL
REGION CODE ADDRESS : 4935 TOPEKA DRIVE
03 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,610.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 65.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,409,700.00
P & I AMT: 9,797.28
UPB AMT: 1,407,340.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680416 MORTGAGORS: YI RICHARD
SANFORD KIMBERLY
REGION CODE ADDRESS : 239 CYPRESS PARK
03 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 275,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,760.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,858.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680440 MORTGAGORS: BALL GERALD
REGION CODE ADDRESS : 455 KNOLLWOOD
03 CITY : AUBURN
STATE/ZIP : CA 95603
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,768.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680465 MORTGAGORS: SHEPHERD PAUL
SMITH MARGARET
REGION CODE ADDRESS : 135 TAIT AVENUE
03 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 773,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 772,489.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,278.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.47500
----------------------------------------------------------------
0 0007680473 MORTGAGORS: DESBRISAY CHARLES
DESBRISAY LILYANE
REGION CODE ADDRESS : 14920 PADERO CT
03 CITY : BAKERSFIELD
STATE/ZIP : CA 93306
MORTGAGE AMOUNT : 249,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,411.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 89.21400
----------------------------------------------------------------
0 0007680481 MORTGAGORS: GOOD PAUL
GOOD GERALDINE
REGION CODE ADDRESS : 751 RICHARDSON LANE
03 CITY : COTATI
STATE/ZIP : CA 94931
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,661.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,819,900.00
P & I AMT: 12,550.52
UPB AMT: 1,817,091.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680499 MORTGAGORS: MOOSIKI EFRAIM
MOOSIKI ROSARIO
REGION CODE ADDRESS : 2151 MALCOLM AVENUE
03 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,085.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,416.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007680507 MORTGAGORS: BENDETTI JOHN
BENDETTI SALLY
REGION CODE ADDRESS : 1853 PORT TAGGART PLACE
03 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,446.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 64.22018
----------------------------------------------------------------
0 0007680523 MORTGAGORS: LIVENSPARGER KIM
LIVENSPARGER PATRICIA
REGION CODE ADDRESS : 26075 DOUGHRTY PLACE
03 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,499.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.50500
----------------------------------------------------------------
0 0007680549 MORTGAGORS: MAZZI FRANK
REGION CODE ADDRESS : 1134 MESTRES DRIVE
03 CITY : PEBBLE BEACH
STATE/ZIP : CA 93953
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,549.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 69.51200
----------------------------------------------------------------
0 0007680556 MORTGAGORS: TAYLOR BERT
REGION CODE ADDRESS : 4784 MILLERTON ROAD
03 CITY : FRIANT
STATE/ZIP : CA 93626
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,590.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 51.88600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,591,600.00
P & I AMT: 10,999.01
UPB AMT: 1,589,172.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680572 MORTGAGORS: VALDEZ EDGARDO
VALDEZ DORA
REGION CODE ADDRESS : 3141 JULIAN AVENUE
03 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,513.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,121.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.04700
----------------------------------------------------------------
0 0007680580 MORTGAGORS: BOMAR ROBERT
BOMAR ROBIN
REGION CODE ADDRESS : 1084 ROSITA ROAD
03 CITY : DEL REY OAKS
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,245.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,742.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680598 MORTGAGORS: BIEDERMAN DANIEL
BIEDERMAN BEA
REGION CODE ADDRESS : 26831 WEST LIVE OAK COURT
03 CITY : CALABASAS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,628.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680606 MORTGAGORS: VITTHAL VIPAN
VITTHAL SURINDRA
REGION CODE ADDRESS : 3680 VIREO AVENUE
03 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,565.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------
0 0007680614 MORTGAGORS: HOZMAN ARON
REGION CODE ADDRESS : 1904 HARRIMAN LN #2
03 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,624.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,312,600.00
P & I AMT: 9,028.43
UPB AMT: 1,310,577.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680622 MORTGAGORS: WIEBE GERALD
WIEBE MARY
REGION CODE ADDRESS : 1674 GRIZILO DRIVE
03 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,547.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 78.35600
----------------------------------------------------------------
0 0007680630 MORTGAGORS: MAGNUS THOMAS
MAGNUS MARY-ANN
REGION CODE ADDRESS : 331 COLUMBUS STREET
03 CITY : EL GRANADA
STATE/ZIP : CA 94018
MORTGAGE AMOUNT : 274,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,936.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680648 MORTGAGORS: VALENTINE WILLIAM
VALENTINE GRETCHEN
REGION CODE ADDRESS : 910 WESTCLIFF DRIVE
03 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,186.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,547.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680655 MORTGAGORS: PAREDES ERNESTO
PAREDES JENIFER
REGION CODE ADDRESS : 518 ROSARIO DRIVE
03 CITY : SANTA BARBARA
STATE/ZIP : CA 93110
MORTGAGE AMOUNT : 279,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,461.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0007680663 MORTGAGORS: DEVLIN CHRISTOPHER
DEVLIN CYNTHIA
REGION CODE ADDRESS : 5384 BELARDO DRIVE
03 CITY : SAN DIEGO
STATE/ZIP : CA 92124
MORTGAGE AMOUNT : 242,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,496.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 76.25700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,602,800.00
P & I AMT: 11,002.55
UPB AMT: 1,598,628.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680671 MORTGAGORS: CLAWSON KINGSLEY
CLAWSON AUDREY
REGION CODE ADDRESS : 4000 VIA SALICE
03 CITY : SAN JOSE
STATE/ZIP : CA 95130
MORTGAGE AMOUNT : 599,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,015.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,215.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------
0 0007680705 MORTGAGORS: DAHLEN GREGORY
DAHLEN GREGORY
REGION CODE ADDRESS : 1821 LAGUNA STREET
03 CITY : SANTA BARBARA
STATE/ZIP : CA 93101
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,343.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,177.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 69.23000
----------------------------------------------------------------
0 0007680713 MORTGAGORS: ZICCARELLI EMIL
ZICCARELLI JOI
REGION CODE ADDRESS : 26423 OVID AVENUE
03 CITY : LOMITA
STATE/ZIP : CA 90717
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,579.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,033.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680721 MORTGAGORS: SANDER CLINTON
REGION CODE ADDRESS : 410 PACIFIC CIRCLE
03 CITY : NEWBURY PARK
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,593.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,908.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.50800
----------------------------------------------------------------
0 0007680739 MORTGAGORS: NAHABEDIAN HUTCH
NAHABEDIAN JESSICA
REGION CODE ADDRESS : 4017 W 234TH PL
03 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 236,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,841.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 74.98400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,847,100.00
P & I AMT: 12,970.26
UPB AMT: 1,844,372.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680747 MORTGAGORS: PEREZ ATANASIO
PEREZ MARSELINA
REGION CODE ADDRESS : 9630 NAPOLI PLACE
03 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,417.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 78.49400
----------------------------------------------------------------
0 0007680762 MORTGAGORS: HENCZ MARCIN
HENCZ KRYSTYNA
REGION CODE ADDRESS : 3626 PALM CANYON DRIVE
03 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,441.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.47500
----------------------------------------------------------------
0 0007680788 MORTGAGORS: HILLEMAN STEVEN
HILLEMAN HILLARY
REGION CODE ADDRESS : 105 EAST AVENIDA CORNELIO
03 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 230,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,149.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,595.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 74.35400
----------------------------------------------------------------
0 0007680796 MORTGAGORS: LOMBARDI STEVEN
LOMBARDI JUNE
REGION CODE ADDRESS : 2007 BELLE MONTI AVENUE
03 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,413.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,559.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.49500
----------------------------------------------------------------
0 0007680812 MORTGAGORS: LEAVITT ANDREW
LEAVITT KAREN
REGION CODE ADDRESS : 3240 OAK WOOD COURT
03 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 261,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,190.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,784.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.80400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,598,100.00
P & I AMT: 11,026.95
UPB AMT: 1,595,613.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680838 MORTGAGORS: ABDELMALEK ABDELMALEK
ABDELMALEK AIDA
REGION CODE ADDRESS : 698 ALICE ST
03 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,588.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,053.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.70000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.70000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680846 MORTGAGORS: DONALDSON JUDITH
REGION CODE ADDRESS : 502 SUNSET DRIVE
03 CITY : CAPITOLA
STATE/ZIP : CA 95010
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,608.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.56700
----------------------------------------------------------------
0 0007680853 MORTGAGORS: LU RUEY-PYNG
JIN SHIOW-LIAN
REGION CODE ADDRESS : 265 WEST CHARLESTON ROAD
03 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,476.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.27500
----------------------------------------------------------------
0 0007680879 MORTGAGORS: TALUNAS ANNAMARIE
REGION CODE ADDRESS : 29852 TRIUNFO DRIVE
03 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,600.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,820.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 69.21000
----------------------------------------------------------------
0 0007680887 MORTGAGORS: TURNER JAMES
TURNER ANITA
REGION CODE ADDRESS : 1207 WOODLAWN AVENUE
03 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,577.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,418,200.00
P & I AMT: 9,858.85
UPB AMT: 1,415,850.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680929 MORTGAGORS: SNIDER DIANA
REGION CODE ADDRESS : 18 VILLENEUVE
03 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,397.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,626.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.38100
----------------------------------------------------------------
0 0007680945 MORTGAGORS: ALEXANDER WILLIAM
ALEXANDER SHARON
REGION CODE ADDRESS : 262 DAVID LANE
03 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,440.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,185.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 62.20000
----------------------------------------------------------------
0 0007680952 MORTGAGORS: RICH DAVID
RICH JOYCE
REGION CODE ADDRESS : 6185 JACARANDA LANE
03 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,815.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007680960 MORTGAGORS: THOMAS SALLY
REGION CODE ADDRESS : 890 PALO VERDE AVENUE
03 CITY : LONG BEACH
STATE/ZIP : CA 90815
MORTGAGE AMOUNT : 298,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,638.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 69.32500
----------------------------------------------------------------
0 0007680978 MORTGAGORS: YANC JEFF
YANC EMINE
REGION CODE ADDRESS : 9548 NAPLES DRIVE
03 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,436.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,597,300.00
P & I AMT: 10,961.95
UPB AMT: 1,594,728.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007680986 MORTGAGORS: COE BUCKNER
POLICH JUDITH
REGION CODE ADDRESS : 31271 BROOKS STREET
03 CITY : LAGUNA BEACH
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 426,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,384.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,022.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 54.61500
----------------------------------------------------------------
0 0007680994 MORTGAGORS: RUSTAD VICTORIA
REGION CODE ADDRESS : 1008 FLAGLER LANE #2
03 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 253,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,302.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.46400
----------------------------------------------------------------
0 0007681000 MORTGAGORS: NGUYEN CATTIEN
NGUYEN VAN-ANH
REGION CODE ADDRESS : 843 ST KITTS CT
03 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 318,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,925.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,226.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681026 MORTGAGORS: ESPINOSA ANTONIO
ESPINOSA PETRICE
REGION CODE ADDRESS : 623 WOODLAND AVENUE
03 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,336.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,892.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.23000
----------------------------------------------------------------
0 0007681042 MORTGAGORS: BITTNER THOMAS
BITTNER SUSAN
REGION CODE ADDRESS : 119 SYRACUSE WALK
03 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 246,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,436.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 74.99200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,668,900.00
P & I AMT: 11,606.08
UPB AMT: 1,666,386.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681067 MORTGAGORS: KIRKEGAARD LANCE
WIGGINS LISA
REGION CODE ADDRESS : 6617 79TH STREET WEST
03 CITY : UNIVERSITY PLACE
STATE/ZIP : WA 98467
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,743.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.70000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.70000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681083 MORTGAGORS: CADDIS DAVID
LANGEVELD MICHELLE
REGION CODE ADDRESS : 28873 SELFRIDGE DRIVE
03 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 608,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,920.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,319.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681117 MORTGAGORS: NORDA LUIS
NORDA ISABEL
REGION CODE ADDRESS : 5415 COLLINS AVENUE, UNIT #506
03 CITY : MIAMI BEACH
STATE/ZIP : FL 33140
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,121.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.85000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.85000 PRODUCT CODE : 002
LTV : 73.15400
----------------------------------------------------------------
0 0007681125 MORTGAGORS: CARTER HAROLD
CARTER TERE
REGION CODE ADDRESS : 2703 SUMMERTREE LN
03 CITY : COLLEYVILLE
STATE/ZIP : TX 76034
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,570.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681133 MORTGAGORS: TUCKER TAMMY
REGION CODE ADDRESS : 3600 VIA PALOMINO
03 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 906,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 904,610.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,242.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.35000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.35000 PRODUCT CODE : 015
LTV : 69.69200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,321,700.00
P & I AMT: 16,275.62
UPB AMT: 2,317,965.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681141 MORTGAGORS: KUMAR ANANTASUBRAMANI
KUMAR ARUNDHATI
REGION CODE ADDRESS : 2 ORANGE GLEN CIRCLE
03 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,530.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681166 MORTGAGORS: RICHMOND WILLIAM
RICHMOND MARY
REGION CODE ADDRESS : 360 TRAVIS DRIVE
03 CITY : LOS OSOS
STATE/ZIP : CA 93402
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,574.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.26600
----------------------------------------------------------------
0 0007681174 MORTGAGORS: KING CHRIS
KING PATRICIA
REGION CODE ADDRESS : 34912 CAMINO CAPISTRANO
03 CITY : CAPISTRANO BEACH
STATE/ZIP : CA 92624
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,556.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.70000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.70000 PRODUCT CODE : 002
LTV : 73.80952
----------------------------------------------------------------
0 0007681190 MORTGAGORS: JOHNS LOUISE
KARKOS KIMBERLY
REGION CODE ADDRESS : 1294 CANDY COURT
03 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,557.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,107.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0007681208 MORTGAGORS: PILZ ULRICH
PILZ LILLIAN
REGION CODE ADDRESS : 1959 ANNETTE LANE
03 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,314.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,318.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 71.75500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,666,000.00
P & I AMT: 11,682.96
UPB AMT: 1,663,533.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681224 MORTGAGORS: PETRACCA STEVE
PETRACCA ELAINE
REGION CODE ADDRESS : 3900 QUIMBY ROAD
03 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 551,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 550,004.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,833.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 67.19500
----------------------------------------------------------------
0 0007681232 MORTGAGORS: PETERSON MICHAEL
LA ROCQUE JOHANNE
REGION CODE ADDRESS : 4617 MAYFIELD DR
03 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,535.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 66.06700
----------------------------------------------------------------
0 0007681265 MORTGAGORS: STOOKEY CHRIS
YAMASHIRO SANDRA
REGION CODE ADDRESS : 1091 SANTA ANA STREET
03 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,523.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681273 MORTGAGORS: HANER WILLIAM
HANER VICTORIA
REGION CODE ADDRESS : 1505 EAST OCEAN BOULEVARD
03 CITY : NEWPORT BEACH
STATE/ZIP : CA 92661
MORTGAGE AMOUNT : 431,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,589.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,089.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.99100
----------------------------------------------------------------
0 0007681299 MORTGAGORS: AGUILAR JOHN
AGUILAR BRIGITTE
REGION CODE ADDRESS : 25122 VIA PORTOLA
03 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,773.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 69.06900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,893,200.00
P & I AMT: 13,222.64
UPB AMT: 1,888,425.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681307 MORTGAGORS: LASTELIC JOHN
LASTELIC JOLEEN
REGION CODE ADDRESS : 1616 8TH AVENUE WEST
03 CITY : SEATTLE
STATE/ZIP : WA 98119
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,029.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.40000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.40000 PRODUCT CODE : 002
LTV : 49.33300
----------------------------------------------------------------
0 0007681331 MORTGAGORS: ALLEN GREGORY
ALLEN LILIANA
REGION CODE ADDRESS : 1151 WEST 16TH STREET
03 CITY : SAN PEDRO
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 273,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,092.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.93100
----------------------------------------------------------------
0 0007681364 MORTGAGORS: SHUMWAY LISA
REGION CODE ADDRESS : 848 HARVARD AVENUE
03 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,565.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 32.35200
----------------------------------------------------------------
0 0007681380 MORTGAGORS: WEST HOWARD
WEST LILLIAN
REGION CODE ADDRESS : 5728 MEDALLION COURT
03 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,559.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.93300
----------------------------------------------------------------
0 0007681398 MORTGAGORS: WITHAM CLYDE
WITHAM JULIA
REGION CODE ADDRESS : 30344 CLEAR WATER
03 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,717.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,657.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,594,500.00
P & I AMT: 11,067.54
UPB AMT: 1,590,964.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681422 MORTGAGORS: LAMB JEFFREY
LAMB JEANETTE
REGION CODE ADDRESS : 1070 LASSEN DRIVE
03 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,678.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,688.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.10000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.10000 PRODUCT CODE : 002
LTV : 33.68400
----------------------------------------------------------------
0 0007681430 MORTGAGORS: CHITTUM MARK
REGION CODE ADDRESS : 30263 SWAN POINT DRIVE
03 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 256,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,417.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.97800
----------------------------------------------------------------
0 0007681448 MORTGAGORS: MILLS THOMAS
EVANS JANICE
REGION CODE ADDRESS : 18 LOMMEL COURT
03 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,464.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,477.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681455 MORTGAGORS: LYNCH ALVIN
LYNCH ROSEMARY
REGION CODE ADDRESS : 1433 CAMINITO BATEA
03 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 445,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,929.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,100.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.45000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.45000 PRODUCT CODE : 002
LTV : 46.90500
----------------------------------------------------------------
0 0007681463 MORTGAGORS: HAMILTON VOLNEY
HAMILTON MARILYN
REGION CODE ADDRESS : 12613 BEDFORDSHIRE COURT
03 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,560.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.75000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,753,400.00
P & I AMT: 12,123.90
UPB AMT: 1,751,051.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007681497 MORTGAGORS: COOK CARLTON
COOK JANET
REGION CODE ADDRESS : 19542 HELENA CIRCLE
03 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,586.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007681521 MORTGAGORS: KRELLWITZ GERARD
KRELLWITZ SHERRY
REGION CODE ADDRESS : 805 SONORA CT
03 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,883.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.65000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.65000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007681539 MORTGAGORS: TESSLER IRWIN
TESSLER PEARL
REGION CODE ADDRESS : 3671 BUENA PARK DRIVE
03 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 476,340.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,229.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,265.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.30000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.30000 PRODUCT CODE : 002
LTV : 63.51200
----------------------------------------------------------------
0 0007681547 MORTGAGORS: DIAMOND NEIL
DIAMOND NORMA
REGION CODE ADDRESS : 24926 JIM BRIDGER RD
03 CITY : HIDDEN HILLS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,281.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 34.85714
----------------------------------------------------------------
0 0007681554 MORTGAGORS: LATHERS MERRILL
LATHERS FRANCES
REGION CODE ADDRESS : 690 NOBEL DR
03 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,853.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,079.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 73.62500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,623,340.00
P & I AMT: 11,238.12
UPB AMT: 1,619,835.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683618 MORTGAGORS: VOGEL BERNARD
VOGEL CAREN
REGION CODE ADDRESS : 26 LAKE MARIE LANE
01 CITY : BEDFORD
STATE/ZIP : NY 10507
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,820.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.82000
----------------------------------------------------------------
0 0007683626 MORTGAGORS: DOROFF STEPHEN
DOROFF ELAINE
REGION CODE ADDRESS : 8 STONE RIDGE ROAD
01 CITY : BEVERLY
STATE/ZIP : MA 01915
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,815.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683634 MORTGAGORS: HOWELL GEORGE
HOWELL LAURIE
REGION CODE ADDRESS : 107 DUDLEY ROAD
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,460.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,972.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 58.74100
----------------------------------------------------------------
0 0007683642 MORTGAGORS: RAMSEY PERRY
RAMSEY ELIZABETH
REGION CODE ADDRESS : 1156 NORTHRIDGE DRIVE
01 CITY : ERIE
STATE/ZIP : CO 80516
MORTGAGE AMOUNT : 278,651.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,449.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 86.48100
----------------------------------------------------------------
0 0007683659 MORTGAGORS: TOTORELLO JOHN
TOTORELLO EILEEN
REGION CODE ADDRESS : 3 CASTLE HILL LANE
01 CITY : HILLSBOROUGH
STATE/ZIP : NJ 08853
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,024.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 58.62069
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,529,651.00
P & I AMT: 10,867.03
UPB AMT: 1,520,570.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683667 MORTGAGORS: KUHN ROBERT
KUHN JACKIE
REGION CODE ADDRESS : 16665 ROSEWOOD COURT
01 CITY : BROOKFIELD
STATE/ZIP : WI 53005
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,643.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683675 MORTGAGORS: BEE MARK
BEE STEPHANIE
REGION CODE ADDRESS : 475 WHITE ASH DRIVE
01 CITY : GOLDEN
STATE/ZIP : CO 80403
MORTGAGE AMOUNT : 264,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,567.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.96800
----------------------------------------------------------------
0 0007683683 MORTGAGORS: TUOHY JOHN
TOUHY LORRAINE
REGION CODE ADDRESS : 1 RIDGE ACRES ROAD
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,374.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 25.80600
----------------------------------------------------------------
0 0007683691 MORTGAGORS: EDELS HOWARD
EDELS PENNY
REGION CODE ADDRESS : 10 BROADVIEW AVENUE
01 CITY : WARWICK
STATE/ZIP : RI 02889
MORTGAGE AMOUNT : 491,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,626.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,391.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.88200
----------------------------------------------------------------
0 0007683709 MORTGAGORS: MCCANN BARBARA
SCANZERA EUGENE
REGION CODE ADDRESS : 10451 NW 66TH STREET
01 CITY : PARKLAND
STATE/ZIP : FL 33076
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,735.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.62500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,770,400.00
P & I AMT: 12,090.56
UPB AMT: 1,766,946.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683717 MORTGAGORS: MACDONALD JAMES
MACDONALD ERICA
REGION CODE ADDRESS : 1312 WEST WELLINGTON
01 CITY : CHICAGO
STATE/ZIP : IL 60657
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,437.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,643.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007683725 MORTGAGORS: HARTLEY JAMES
HARTLEY NANCY
REGION CODE ADDRESS : 20919 EDGEWATER DRIVE
01 CITY : NOBLESVILLE
STATE/ZIP : IN 46060
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,618.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.56700
----------------------------------------------------------------
0 0007683741 MORTGAGORS: TUCKER TERRY
TUCKER SANDRA
REGION CODE ADDRESS : 833 NORTH SHORE DRIVE
01 CITY : ANNA MARIE
STATE/ZIP : FL 34216
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,419.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.43100
----------------------------------------------------------------
0 0007683758 MORTGAGORS: CARBONE MICHELE
REGION CODE ADDRESS : 1031 CHICAGO AVENUE
01 CITY : OAK PARK
STATE/ZIP : IL 60302
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,505.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683766 MORTGAGORS: WARD GARY
WARD LINDA
REGION CODE ADDRESS : 609 WELLINGTON ROAD
01 CITY : WINSTON SALEM
STATE/ZIP : NC 27106
MORTGAGE AMOUNT : 244,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,317.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,669.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.78400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,604,700.00
P & I AMT: 11,191.59
UPB AMT: 1,602,297.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683774 MORTGAGORS: COBERT RONALD
COBERT VIVIAN
REGION CODE ADDRESS : 1878 HUNTER MILL ROAD
01 CITY : VIENNA
STATE/ZIP : VA 22180
MORTGAGE AMOUNT : 264,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,175.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 44.10000
----------------------------------------------------------------
0 0007683782 MORTGAGORS: GURKIN JANET
GURKIN DAVID
REGION CODE ADDRESS : 9421 OCEAN DRIVE
01 CITY : EMERALD ISLE
STATE/ZIP : NC 28594
MORTGAGE AMOUNT : 397,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,393.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,741.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.26500
----------------------------------------------------------------
0 0007683808 MORTGAGORS: TRISTER JON
TRISTER NADIA
REGION CODE ADDRESS : 255 CRAWFORD STREET
01 CITY : NORTHBORO
STATE/ZIP : MA 01532
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,600.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.46100
----------------------------------------------------------------
0 0007683816 MORTGAGORS: RICHARDS JAMES
VALLIS STEPHANIE
REGION CODE ADDRESS : 398 OLMSTEAD HILL ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,782.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683824 MORTGAGORS: KENNY JOHN
KENNY JANET
REGION CODE ADDRESS : 9 TREMBLANT COURT
01 CITY : /TIMONIUMLE
STATE/ZIP : MA 21093
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,656.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.67100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,642,600.00
P & I AMT: 11,241.10
UPB AMT: 1,640,609.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683832 MORTGAGORS: REES DAVID
REGION CODE ADDRESS : 4862 N. SUMMIT RIDGE ROAD
01 CITY : TUCSON
STATE/ZIP : AZ 85718
MORTGAGE AMOUNT : 305,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,830.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.00000
----------------------------------------------------------------
0 0007683840 MORTGAGORS: HUNTER GREGORY
HUNTER KIMBERLY
REGION CODE ADDRESS : 3424 42ND AVENUE WEST
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,763.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.75000
----------------------------------------------------------------
0 0007683857 MORTGAGORS: YEDDIS PHILLIP
YEDDIS FRANCINE
REGION CODE ADDRESS : 4011 SOUTH HUDSON WAY
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80110
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,374.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.73200
----------------------------------------------------------------
0 0007683865 MORTGAGORS: BIRG JOHN
BIRG GERALDINE
REGION CODE ADDRESS : 3715 COLLINS ROAD
01 CITY : OAKLAND
STATE/ZIP : MI 48363
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,557.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.74200
----------------------------------------------------------------
0 0007683873 MORTGAGORS: BREWER DEAN
BREWER MELINDA
REGION CODE ADDRESS : 1225 OAKHURST DRIVE
01 CITY : BROOMFIELD
STATE/ZIP : CO 80020
MORTGAGE AMOUNT : 285,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,853.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,599,850.00
P & I AMT: 10,992.80
UPB AMT: 1,597,378.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683881 MORTGAGORS: BAKER ALICE
BAKER RUSSEL
REGION CODE ADDRESS : 25 EAST CIRCLE DRIVE
01 CITY : SEDONA
STATE/ZIP : AR 86336
MORTGAGE AMOUNT : 239,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,017.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683899 MORTGAGORS: SMITH DARRYL
SMITH DOROTHY
REGION CODE ADDRESS : 2816 N. HARRISON STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,877.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683907 MORTGAGORS: STRIEBICH DAVID
BRENNAN BETH
REGION CODE ADDRESS : 9113 OLD OREGON INLET ROAD
01 CITY : NAGS HEAD
STATE/ZIP : NC 27959
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,506.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.22100
----------------------------------------------------------------
0 0007683923 MORTGAGORS: HAMILTON ROBERT
HAMILTON SANDRA
REGION CODE ADDRESS : 8695 EAST CHARTER OAK DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AR 85260
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,615.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.61100
----------------------------------------------------------------
0 0007683949 MORTGAGORS: SELINFREUND MICHAEL
REGION CODE ADDRESS : 15554 EAST PRENTICE LANE
01 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 452,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,492.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,084.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,638,800.00
P & I AMT: 11,383.92
UPB AMT: 1,636,509.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007683956 MORTGAGORS: BORN RICHARD
BORN DIANE
REGION CODE ADDRESS : 1082 HUNTERS PATH
01 CITY : LANCASTER
STATE/ZIP : PA 17601
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,525.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.06300
----------------------------------------------------------------
0 0007683964 MORTGAGORS: SUGG PHILIP
SUGG JANICE
REGION CODE ADDRESS : 325 LINCOLN STREET
01 CITY : LONGMONT
STATE/ZIP : CO 80501
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,821.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007683972 MORTGAGORS: FRANKLIN ELLIS
FRANKLIN PATRICIA
REGION CODE ADDRESS : 9445 N LONGFEATHER
01 CITY : FOUNTAIN HILLS
STATE/ZIP : AR 85268
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.60500
----------------------------------------------------------------
0 0007683998 MORTGAGORS: SAFIAN JUDITH
DEMERS BRIAN
REGION CODE ADDRESS : 105 BROADMEADOW ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,558.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.24700
----------------------------------------------------------------
0 0007684004 MORTGAGORS: MASTERS CHARLES
MASTERS CAROL
REGION CODE ADDRESS : 3772 BRANTLEY PLACE CIRCLE
01 CITY : APOPKA
STATE/ZIP : FL 32703
MORTGAGE AMOUNT : 307,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,010.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,397,250.00
P & I AMT: 9,482.50
UPB AMT: 1,395,687.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684012 MORTGAGORS: JONES ELIZABETH
JONES GREG
REGION CODE ADDRESS : 8031 NE 151ST CT
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 282,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,919.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,950.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0007684020 MORTGAGORS: YESKO MICHAEL
YESKO JOANNE
REGION CODE ADDRESS : 16821 YORKSHIRE
01 CITY : LIVONIA
STATE/ZIP : MI 48154
MORTGAGE AMOUNT : 261,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,789.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------
0 0007684038 MORTGAGORS: KAIVO DENNIS
KAIVO CHERYL
REGION CODE ADDRESS : 6937 HOWARD LANE
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55346
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,267.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,192.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684046 MORTGAGORS: HARRITY PHILLIP
HARRITY LAURA
REGION CODE ADDRESS : 19080 ALTA VISTA DRIVE
01 CITY : BROOKFIELD
STATE/ZIP : WI 53045
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,688.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684053 MORTGAGORS: SOLBERG-DANIELS DEIDRE
DANIELS MICHAEL
REGION CODE ADDRESS : 35835 SOUTH CABALLERO DRIVE
01 CITY : WICKENBURG
STATE/ZIP : AZ 85390
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,390.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,706,300.00
P & I AMT: 11,894.36
UPB AMT: 1,704,055.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 42
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684061 MORTGAGORS: KANTOR STEVE
KANTOR AILEEN
REGION CODE ADDRESS : 7706 OLD CHESTER ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,779.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.32400
----------------------------------------------------------------
0 0007684079 MORTGAGORS: MAGEE MACON
MAGEE LAURA
REGION CODE ADDRESS : 2 MAINSTONE ROAD
01 CITY : NATICK
STATE/ZIP : MA 01760
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,542.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.17000
----------------------------------------------------------------
0 0007684087 MORTGAGORS: FEYRER-MELK STEVEN
FEYRER-MELK ANNE-MARIE
REGION CODE ADDRESS : 6335 EAST ALTA HACIENDA DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AR 85251
MORTGAGE AMOUNT : 337,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,336.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684095 MORTGAGORS: HAY PETER
HAY ELIZABETH
REGION CODE ADDRESS : 5 BERWICK ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,547.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.76900
----------------------------------------------------------------
0 0007684103 MORTGAGORS: DUPUIS JOSEE
KOLACZYK ERIC
REGION CODE ADDRESS : 111 FAIRWAY DRIVE
01 CITY : NEWTON
STATE/ZIP : MA 02165
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,963.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,576,800.00
P & I AMT: 10,889.14
UPB AMT: 1,575,168.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 43
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684111 MORTGAGORS: ROBERTS SCOTT
ROBERTS SHARON
REGION CODE ADDRESS : 555 EAST GILL WAY
01 CITY : SUPERIOR
STATE/ZIP : CO 80027
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,783.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.72400
----------------------------------------------------------------
0 0007684137 MORTGAGORS: COLLURA SALVATORE
COLLURA MICHELLE
REGION CODE ADDRESS : W290 N3920 DRY CREEK COURT
01 CITY : PEWAUKEE
STATE/ZIP : WI 53072
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,760.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.75000
----------------------------------------------------------------
0 0007684145 MORTGAGORS: HAMER MAUREEN
REGION CODE ADDRESS : 93 CUTLER FARM ROAD
01 CITY : SUDBURY
STATE/ZIP : MA 01776
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,258.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,890.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.48400
----------------------------------------------------------------
0 0007684152 MORTGAGORS: JOSEPH INNOCENT
JAMES SINDHUT
REGION CODE ADDRESS : 2616 GOLF ISLAND ROAD
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,197.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,246.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684178 MORTGAGORS: HALAS STEPHEN
HALAS MARILYNN
REGION CODE ADDRESS : 20 CROSSBOW LANE
01 CITY : EASTON
STATE/ZIP : CT 06612
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,714.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 52.81600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,896,000.00
P & I AMT: 12,799.28
UPB AMT: 1,893,714.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 44
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684186 MORTGAGORS: PAUL RONALD
PAUL JOLYNE
REGION CODE ADDRESS : 23320 SOUTHEAST 14TH COURT
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,607.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0007684194 MORTGAGORS: REGAN ROBERT
CLARK CYNTHIA
REGION CODE ADDRESS : 9549 MONTICELLO AVENUE
01 CITY : EVANSTON
STATE/ZIP : IL 60203
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,739.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.16400
----------------------------------------------------------------
0 0007684202 MORTGAGORS: OHMART THOMAS
OHMART MICHELLE
REGION CODE ADDRESS : 7512 S. GARTNER ROAD
01 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 262,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,609.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.08800
----------------------------------------------------------------
0 0007684210 MORTGAGORS: SHERRY JAMES
SHERRY RUTH
REGION CODE ADDRESS : 7312 ISLAND GREEN DRIVE
01 CITY : BOULDER
STATE/ZIP : CO 80301
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,424.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.65300
----------------------------------------------------------------
0 0007684228 MORTGAGORS: HIRSCH JUDY
REGION CODE ADDRESS : 680 NORTH LAKE SHORE DRIVE #2200
01 CITY : CHICAGO
STATE/ZIP : IL 60611
MORTGAGE AMOUNT : 297,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,757.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,078.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,539,300.00
P & I AMT: 10,694.28
UPB AMT: 1,537,138.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 45
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684236 MORTGAGORS: LEIN LAWRENCE
LEIN JAYNE
REGION CODE ADDRESS : LAMBS LANE
01 CITY : CRESSKILL
STATE/ZIP : NJ 07626
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,505.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,489.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------
0 0007684244 MORTGAGORS: ORTON CHARLES
ORTON MARLENE
REGION CODE ADDRESS : 4754 146TH PLACE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,465.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.68400
----------------------------------------------------------------
0 0007684251 MORTGAGORS: KUSSOW GARY
KUSSOW LAURIE
REGION CODE ADDRESS : 281 SOUTH LAKE STREET
01 CITY : ELKHART LAKE
STATE/ZIP : WI 53020
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,547.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684269 MORTGAGORS: FIOCCA JULIANNE
BUOB MICHAEL
REGION CODE ADDRESS : 3 NORTH CHESTNUT COURT
01 CITY : HAWTHORN WOODS
STATE/ZIP : IL 60047
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.42200
----------------------------------------------------------------
0 0007684277 MORTGAGORS: MENDENHALL RONALD
MENDENHALL CUC
REGION CODE ADDRESS : 15804 N. CABRILLO DRIVE
01 CITY : FOUNTAIN HILLS
STATE/ZIP : AZ 85268
MORTGAGE AMOUNT : 313,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,688.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,163.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,917,200.00
P & I AMT: 13,293.20
UPB AMT: 1,914,984.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 46
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684285 MORTGAGORS: SCHOETTLE EKKEHARD
SCHOETTLE ELIZABETH
REGION CODE ADDRESS : 635 SOUTH BEVERLY
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.58800
----------------------------------------------------------------
0 0007684293 MORTGAGORS: TRUJILLO STEPHEN
TRUJILLO DONNA
REGION CODE ADDRESS : 2345 SPOTSWOOD PLACE
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,723.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.93200
----------------------------------------------------------------
0 0007684301 MORTGAGORS: VESLING DOUGLAS
VESLING DEBORAH
REGION CODE ADDRESS : 3675 HEATHERSTONE RIDGE
01 CITY : SUN PRAIRIE
STATE/ZIP : WI 53590
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,647.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.64000
----------------------------------------------------------------
0 0007684319 MORTGAGORS: SMITH ROBIN
SMITH STEPHEN
REGION CODE ADDRESS : 8 THORNTON ROAD
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,803.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.09500
----------------------------------------------------------------
0 0007684327 MORTGAGORS: ABISSO STEPHEN
ABISSO KATHY
REGION CODE ADDRESS : 33 FARRWOOD DRIVE
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,597.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,433,000.00
P & I AMT: 9,903.64
UPB AMT: 1,431,531.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 47
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684335 MORTGAGORS: EVANS DALLAS
REGION CODE ADDRESS : 2254 WEST LAKE SAMMAMISH PARKWAY S.
01 CITY : BELLEVUE
STATE/ZIP : WA 98008
MORTGAGE AMOUNT : 517,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 516,190.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,526.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.85700
----------------------------------------------------------------
0 0007684343 MORTGAGORS: WEARS PETER
PALMER MARGARET
REGION CODE ADDRESS : 17 WINDWARD COURT
01 CITY : BALD HEAD ISLAND
STATE/ZIP : NC 28461
MORTGAGE AMOUNT : 311,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,876.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684350 MORTGAGORS: JACKSON EMILY
HOGAN PATRICIA
REGION CODE ADDRESS : 907 23RD AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98112
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,321.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.97200
----------------------------------------------------------------
0 0007684368 MORTGAGORS: BENACK EDWARD
BENACK ELIZABETH
REGION CODE ADDRESS : 18143 154TH AVENUE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,732.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.12000
----------------------------------------------------------------
0 0007684376 MORTGAGORS: KEHE ERIC
KEHE TAMMY
REGION CODE ADDRESS : 3274 BEECH COURT
01 CITY : GOLDEN
STATE/ZIP : CO 80401
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,817.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.78200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,716,200.00
P & I AMT: 11,952.78
UPB AMT: 1,713,939.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 48
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684384 MORTGAGORS: HALL CLARK
HALL PATRICIA
REGION CODE ADDRESS : 3505 WEST OCEAN DRIVE
01 CITY : EMERALD ISLE
STATE/ZIP : NC 28594
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,577.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.88800
----------------------------------------------------------------
0 0007684392 MORTGAGORS: FELDMAN STUART
FELDMAN JOHANNA
REGION CODE ADDRESS : 1561 SPINNAKER LANE
01 CITY : CHARLESTON
STATE/ZIP : SC 29407
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,374.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.05400
----------------------------------------------------------------
0 0007684400 MORTGAGORS: HUMBLE ROBERT
HUMBLE ALICE
REGION CODE ADDRESS : 2738 PLANTATION ROAD
01 CITY : CHARLOTTE
STATE/ZIP : NC 28270
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,405.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684418 MORTGAGORS: MARKUSEN THOMAS
MARKUSEN MARY
REGION CODE ADDRESS : 42002 NORTH DEER TRAIL ROAD
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,805.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684426 MORTGAGORS: COHEN JOSEPH
REGION CODE ADDRESS : 100 NEPTUNE AVENUE
01 CITY : DEAL
STATE/ZIP : NJ 07723
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,778.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,603,200.00
P & I AMT: 11,055.06
UPB AMT: 1,600,940.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 49
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684434 MORTGAGORS: SHASHO ELLIOT
REGION CODE ADDRESS : 1523 EAST 4TH ST
01 CITY : BROOKLYN
STATE/ZIP : NY 11230
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,744.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684442 MORTGAGORS: FLAHERTY KATHLEEN
REGION CODE ADDRESS : 3 BRAEBURN ROAD
01 CITY : CHELMSFORD
STATE/ZIP : MA 01824
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,824.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.51500
----------------------------------------------------------------
0 0007684459 MORTGAGORS: PALEGA GREG
REGION CODE ADDRESS : 6224 NORTH BRADLEY OVERLOOK
01 CITY : WILMINGTON
STATE/ZIP : NC 28403
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,374.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684467 MORTGAGORS: SLOAN DAVID
SLOAN CARI
REGION CODE ADDRESS : 677 HILL ROAD
01 CITY : BOXBOROUGH
STATE/ZIP : MA 01719
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,668.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99499
----------------------------------------------------------------
0 0007684475 MORTGAGORS: SLONE WALTER
SLONE SUSAN
REGION CODE ADDRESS : 25 KINGS ROW
01 CITY : N. READING
STATE/ZIP : MA 01864
MORTGAGE AMOUNT : 281,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,036.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,446,750.00
P & I AMT: 9,988.39
UPB AMT: 1,445,647.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 50
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684483 MORTGAGORS: JOHNSON WILLIAM
JOHNSON LEANOR
REGION CODE ADDRESS : 8280 EAST CAPTAIN DREYFUS AVENUE
01 CITY : SCOTTSDALE
STATE/ZIP : AR 85260
MORTGAGE AMOUNT : 458,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,400.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,163.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.48700
----------------------------------------------------------------
0 0007684491 MORTGAGORS: PASCENTE JULIE
REGION CODE ADDRESS : 3828 EAST PALO VERDE LANE
01 CITY : PHOENIX
STATE/ZIP : AR 85028
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,673.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,076.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684509 MORTGAGORS: POHLMAN RONALD
QUINN MARGARET
REGION CODE ADDRESS : 600 WOODS RD
01 CITY : DAYTON
STATE/ZIP : OH 45419
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,755.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007684517 MORTGAGORS: BUNDY CRAIG
BUNDY SHARON
REGION CODE ADDRESS : 745 JONQUIL PLACE
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,727.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,566.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.96000
----------------------------------------------------------------
0 0007684525 MORTGAGORS: PARRISH LARRY
PARRISH ANNETTE
REGION CODE ADDRESS : 340 INCA PARKWAY
01 CITY : BOULDER
STATE/ZIP : CO 80303
MORTGAGE AMOUNT : 260,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,506.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.67300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,855,800.00
P & I AMT: 12,936.90
UPB AMT: 1,854,063.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 51
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684533 MORTGAGORS: COOK MICHAEL
REGION CODE ADDRESS : 3900 MOUNTAIN MEADOW LANE
01 CITY : JACKSON
STATE/ZIP : WY 83001
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,803.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.81100
----------------------------------------------------------------
0 0007684541 MORTGAGORS: RADDOCK DANIEL
RADDOCK ELIZABETH
REGION CODE ADDRESS : 44 STANTON STREET, UNIT 2
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 416,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,015.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,738.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684558 MORTGAGORS: LIPPIELLO PATRICK
LIPPIELLO DIANE
REGION CODE ADDRESS : 1233 ARBORETUM DRIVE
01 CITY : LEWISVILLE
STATE/ZIP : NC 27023
MORTGAGE AMOUNT : 239,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,313.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.82100
----------------------------------------------------------------
0 0007684566 MORTGAGORS: HOLDEN JAMES
HOLDEN MARY
REGION CODE ADDRESS : 4031 FAIRWAY DRIVE
01 CITY : KESWICK
STATE/ZIP : VA 22947
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.29100
----------------------------------------------------------------
0 0007684582 MORTGAGORS: BROOKS JEFFREY
BROOKS CECILIA
REGION CODE ADDRESS : 29 RIVERDALE ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,483.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,169.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,743,300.00
P & I AMT: 11,805.07
UPB AMT: 1,741,224.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 52
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684590 MORTGAGORS: MOSS OTIS
MOSS EDWINA
REGION CODE ADDRESS : 87 HASKELL DRIVE
01 CITY : BRATENAHL
STATE/ZIP : OH 44108
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,678.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.97400
----------------------------------------------------------------
0 0007684608 MORTGAGORS: WOODRUFF PAUL
WOODRUFF PAMELA
REGION CODE ADDRESS : 21035 OAK LANE
01 CITY : GREENWOOD
STATE/ZIP : MN 55331
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,515.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.26800
----------------------------------------------------------------
0 0007684616 MORTGAGORS: NAGEL JUDY
REGION CODE ADDRESS : 4438 OAK RIDGE COURT
01 CITY : DEPERE
STATE/ZIP : WI 54115
MORTGAGE AMOUNT : 257,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,608.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.65700
----------------------------------------------------------------
0 0007684624 MORTGAGORS: RANDALL DEBORAH
REGION CODE ADDRESS : 4825 ESSEX AVENUE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,667.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,132.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.76600
----------------------------------------------------------------
0 0007684640 MORTGAGORS: FELDMAN A.
FELDMAN DEBORAH
REGION CODE ADDRESS : 674 MAYFAIR LANE
01 CITY : CARMEL
STATE/ZIP : IN 46032
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,695.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.79400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,694,200.00
P & I AMT: 11,710.49
UPB AMT: 1,692,166.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 53
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684657 MORTGAGORS: ADEME MAURICE
ADEME JULIE
REGION CODE ADDRESS : 1741 FERNWOOD LANE
01 CITY : ALGONQUIN
STATE/ZIP : IL 60102
MORTGAGE AMOUNT : 252,954.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,766.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------
0 0007684665 MORTGAGORS: MILLER BRUCE
MILLER GAIL
REGION CODE ADDRESS : 6339 LAODICEA DRIVE
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,126.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,626.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007684673 MORTGAGORS: ANDERSON KURT
CHUN KYUNG
REGION CODE ADDRESS : 5704 125TH LANE NORTHEAST
01 CITY : KIRKLAND
STATE/ZIP : WA 98033
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,741.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.37000
----------------------------------------------------------------
0 0007684681 MORTGAGORS: CONN MELVIN
CONN RHODA
REGION CODE ADDRESS : 11115 WHITEHAWK STREET
01 CITY : PLANTATION
STATE/ZIP : FL 33324
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,746.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684707 MORTGAGORS: BENEDICT WALTER
BENEDICT NANCY
REGION CODE ADDRESS : 14415 51ST AVENUE N.
01 CITY : PLYMOUTH
STATE/ZIP : MI 55446
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,480.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.92400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,491,454.00
P & I AMT: 10,329.78
UPB AMT: 1,489,861.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 54
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684715 MORTGAGORS: SCOTT L
REGION CODE ADDRESS : 580 N.W. 108TH AVENUE
01 CITY : PLANTATION
STATE/ZIP : FL 33324
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,327.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.89600
----------------------------------------------------------------
0 0007684723 MORTGAGORS: BURK MICHAEL
BURK LAURIE
REGION CODE ADDRESS : 10102 LAKESTONE PLACE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 402,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,093.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,779.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684731 MORTGAGORS: ROTTER RICHARD
ROTTER MARTHA
REGION CODE ADDRESS : LOT 54 THE HIGHLANDS
01 CITY : SEATTLE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 575,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 574,562.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,971.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.60600
----------------------------------------------------------------
0 0007684749 MORTGAGORS: HAWKES THOMAS
HAWKES CHRISTINE
REGION CODE ADDRESS : 13275 E. SORREL LANE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,748.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.73900
----------------------------------------------------------------
0 0007684756 MORTGAGORS: STROMSDORFER JASON
STROMSDORFER DEBORAH
REGION CODE ADDRESS : 3116 SUMMIT VIEW PLACE
01 CITY : WILDWOOD
STATE/ZIP : MO 63038
MORTGAGE AMOUNT : 388,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,211.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,716.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.28500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,005,900.00
P & I AMT: 13,861.09
UPB AMT: 2,003,944.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 55
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684764 MORTGAGORS: BALDWIN HILLEL
BALDWIN JENNIFER
REGION CODE ADDRESS : 5091 NORTH AVENIDA DE CASTILLA
01 CITY : TUCSON
STATE/ZIP : AZ 85718
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 584,554.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,040.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.48100
----------------------------------------------------------------
0 0007684772 MORTGAGORS: MC QUEEN JEFFREY
MC QUEEN KIMBERLEY
REGION CODE ADDRESS : 4139 EAST COLTER STREET
01 CITY : PHOENIX
STATE/ZIP : AR 85018
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,984.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,956.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684780 MORTGAGORS: KNEIDING RICKARD
KNEIDING PATRICIA
REGION CODE ADDRESS : 44506 MUIRFIELD DRIVE
01 CITY : CANTON TOWNSHIP
STATE/ZIP : MI 48188
MORTGAGE AMOUNT : 246,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,076.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,764.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 65.84200
----------------------------------------------------------------
0 0007684798 MORTGAGORS: PAIGE ANTHONY
SMITH DONNA
REGION CODE ADDRESS : 117 CROSS FOXES DRIVE
01 CITY : FORT WASHINGTON
STATE/ZIP : MD 20744
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,769.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.29500
----------------------------------------------------------------
0 0007684806 MORTGAGORS: MELANSON JOSEPH
REGION CODE ADDRESS : 340 BUNKER HILL STREET UNIT # 1E
01 CITY : CHARLESTOWN
STATE/ZIP : MA 02129
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,552.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,667,450.00
P & I AMT: 11,440.28
UPB AMT: 1,665,937.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 56
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684814 MORTGAGORS: YANCEY ROBIN
YANCEY PAMELA
REGION CODE ADDRESS : 2741 NE 24 STREET
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 239,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,502.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684822 MORTGAGORS: GRABLE GRANT
GRABLE MICHELLE
REGION CODE ADDRESS : 126 VERNE CIRCLE
01 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007684830 MORTGAGORS: FREED DONALD
FREED DEBRA
REGION CODE ADDRESS : 8301 MUIRHEAD CIRCLE
01 CITY : BOYNTON BEACH
STATE/ZIP : FL 33437
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,784.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.33300
----------------------------------------------------------------
0 0007684848 MORTGAGORS: BURGIO DON
REGION CODE ADDRESS : 9434 FELLOWS CREEK DRIVE
01 CITY : PLYMOUTH TOWNSHIP
STATE/ZIP : MI 48170
MORTGAGE AMOUNT : 354,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,586.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,481.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
0 0007684855 MORTGAGORS: HAYAKAWA HOWARD
HAYAKAWA TALLEY
REGION CODE ADDRESS : 6115-159TH STREET SOUTHEAST
01 CITY : SNOHOMISH
STATE/ZIP : WA 98296
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,331.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.50000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,422,550.00
P & I AMT: 9,916.14
UPB AMT: 1,418,971.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 57
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684863 MORTGAGORS: NOONAN WILLIAM
NOONAN CELIA
REGION CODE ADDRESS : 18273 EAST DORADO AVENUE
01 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,641.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,623.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 92.17400
----------------------------------------------------------------
0 0007684871 MORTGAGORS: HEYDARI VICTORIA
HEYDARI KAMBIZ
REGION CODE ADDRESS : 52 WOODLAWN AVENUE
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,734.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.16600
----------------------------------------------------------------
0 0007684889 MORTGAGORS: KLINKEL THOMAS
REGION CODE ADDRESS : 6241 N. VENTANA VIEW PLACE
01 CITY : TUCSON
STATE/ZIP : AR 85750
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,749.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,108.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.28300
----------------------------------------------------------------
0 0007684897 MORTGAGORS: STENSEL H.
STENSEL VICTORIA
REGION CODE ADDRESS : 7631 EAST MERCER WAY
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,750.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.33300
----------------------------------------------------------------
0 0007684905 MORTGAGORS: MCCALL WILLIAM
MCCALL RAMONA
REGION CODE ADDRESS : 1110 LEAH DRIVE
01 CITY : CARY
STATE/ZIP : IL 60013
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,804.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.78900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,450,000.00
P & I AMT: 9,856.98
UPB AMT: 1,448,680.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 58
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684913 MORTGAGORS: MATERNE GERALD
MATERNE LORENE
REGION CODE ADDRESS : 29 SUNRISE WAY
01 CITY : THE BLUFF'S
STATE/ZIP : LA 70748
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,731.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684921 MORTGAGORS: WALKER ROGER
WALKER PATRICIA
REGION CODE ADDRESS : 6345 EAST ARABIAN WAY
01 CITY : PARADISE
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,483.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.51800
----------------------------------------------------------------
0 0007684939 MORTGAGORS: NOCAR JEROME
NOCAR CHRISTINE
REGION CODE ADDRESS : 3121 LAWNDALE ROAD
01 CITY : FINKSBURG
STATE/ZIP : MA 21048
MORTGAGE AMOUNT : 480,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,142.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,359.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.14500
----------------------------------------------------------------
0 0007684947 MORTGAGORS: EDWARDS LUTHER
EDWARDS DEBORAH
REGION CODE ADDRESS : 6301 OLD ORCHARD DRIVE
01 CITY : WILMINGTON
STATE/ZIP : NC 28403
MORTGAGE AMOUNT : 234,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,121.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.09200
----------------------------------------------------------------
0 0007684954 MORTGAGORS: ROWLANDS JAMISON
ROWLANDS LEE
REGION CODE ADDRESS : 767 YORKSHIRE COURT
01 CITY : COPLEY
STATE/ZIP : OH 44321
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,724,800.00
P & I AMT: 11,755.15
UPB AMT: 1,723,190.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 59
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007684962 MORTGAGORS: WEGHER JAMES
WEGHER KATHRYN
REGION CODE ADDRESS : 5321 SOUTH NELSON STREET
01 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,593.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684970 MORTGAGORS: FOX THOMAS
FOX ROBERTA
REGION CODE ADDRESS : 4 SHEFFIELD COURT
01 CITY : LINCOLNSHIRE
STATE/ZIP : IL 60069
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,657.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007684988 MORTGAGORS: KING JAMES
REGION CODE ADDRESS : 725 WESTON HILLS DRIVE
01 CITY : BROOKFIELD
STATE/ZIP : WI 53045
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,656.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,121.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007684996 MORTGAGORS: FITCH EDWARD
FITCH MARYBETH
REGION CODE ADDRESS : 218 SOUTH KENSINGTON AVENUE
01 CITY : LA GRANGE
STATE/ZIP : IL 60525
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,688.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.74000
----------------------------------------------------------------
0 0007685001 MORTGAGORS: AARDAL TENA
DAVIS WILLIAM
REGION CODE ADDRESS : 9314 60TH AVENUE WEST
01 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,493.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,904,000.00
P & I AMT: 13,128.36
UPB AMT: 1,902,087.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 60
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685019 MORTGAGORS: LARSON BRADLEY
LARSON BEVERLY
REGION CODE ADDRESS : 671 EAST ENCINAS AVENUE
01 CITY : GILBERT
STATE/ZIP : AZ 85234
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,762.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685027 MORTGAGORS: FOSTER MARK
FOSTER JOAN
REGION CODE ADDRESS : 1885 EAST 10225 SOUTH
01 CITY : SANDY
STATE/ZIP : UT 84092
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,794.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685035 MORTGAGORS: TARI ERAN
TARI SIGAL
REGION CODE ADDRESS : 3055 6TH STREET
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,812.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685043 MORTGAGORS: CALLIS MICHAEL
CALLIS LAUREL
REGION CODE ADDRESS : 8931 OLD OREGON INLET ROAD
01 CITY : NAGS HEAD
STATE/ZIP : NC 27959
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,975.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685050 MORTGAGORS: HECKENLAIBLE STEVEN
REGION CODE ADDRESS : 4456 WEST LAKE HARRIET PARKWAY
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55410
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,270.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.44400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,419,700.00
P & I AMT: 9,785.39
UPB AMT: 1,418,615.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 61
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685084 MORTGAGORS: MEYER MITCHELL
MEYER PATRICIA
REGION CODE ADDRESS : 6412 WESTPORT DR
02 CITY : WILMINGTON
STATE/ZIP : NC 28409
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685092 MORTGAGORS: KASTNER ROBERT
REGION CODE ADDRESS : 122 BEAGLE TRAIL
02 CITY : WILMINGTON
STATE/ZIP : NC 28409
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,319.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007685100 MORTGAGORS: DENSOCK ROBERT
BENEDICT-DENSOCK LAURA
REGION CODE ADDRESS : 3328 SUEMAC COURT
02 CITY : MONROVIA
STATE/ZIP : MD 21770
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,782.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685118 MORTGAGORS: BOSSINGER STEVEN
BOSSINGER CARRIE
REGION CODE ADDRESS : RD 2 BOX 348
02 CITY : HOLLIDAYSBURG
STATE/ZIP : PA 16648
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,798.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.01000
----------------------------------------------------------------
0 0007685126 MORTGAGORS: THOMAS MARK
THOMAS SUSAN
REGION CODE ADDRESS : 3112 DARBY RD
02 CITY : KESWICK
STATE/ZIP : VA 22947
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,463.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.84400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,673,000.00
P & I AMT: 11,571.62
UPB AMT: 1,671,118.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 62
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685134 MORTGAGORS: WATKINS KEVIN
WATKINS CHERYL
REGION CODE ADDRESS : 344 RIDGE AVENUE
02 CITY : WRIGHTSTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,385.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,488.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.61600
----------------------------------------------------------------
0 0007685142 MORTGAGORS: HENDRIX GREGORY
HENDRIX KATHLEEN
REGION CODE ADDRESS : 23 FOUNDERS WAY LOT 10
02 CITY : DOWNINGTON
STATE/ZIP : PA 19335
MORTGAGE AMOUNT : 274,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,550.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
0 0007685159 MORTGAGORS: CLOUTIER PAUL
CLOUTIER JANE
REGION CODE ADDRESS : 4 KNAPTON ST
02 CITY : BARRINGTON
STATE/ZIP : RI 02806
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685175 MORTGAGORS: POREMBA MICHAEL
POREMBA MARY
REGION CODE ADDRESS : 1691 CRESCENT KNOLLS GL
02 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 255,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,489.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0007685183 MORTGAGORS: BENOWITZ GERALD
BENOWITZ SANDRA
REGION CODE ADDRESS : 5008 MCGILL WAY
02 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,726.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,675.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.73900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,850.00
P & I AMT: 10,595.87
UPB AMT: 1,532,964.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 63
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685191 MORTGAGORS: WECHSELBERGER ANTHONY
WECHSELBERGER DARLENE
REGION CODE ADDRESS : 3447 BERNARDO LN
02 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,710.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.43100
----------------------------------------------------------------
0 0007685209 MORTGAGORS: RIVERS CAREY
REGION CODE ADDRESS : 1635 35TH STREET NW
02 CITY : WASHINGTON
STATE/ZIP : DC 20007
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,444.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,808.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685217 MORTGAGORS: MELE ROCCO
MELE CATHY
REGION CODE ADDRESS : 5106 N AVENIDA DE CASTILLA
02 CITY : TUCSON
STATE/ZIP : AZ 85718
MORTGAGE AMOUNT : 363,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,723.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.78000
----------------------------------------------------------------
0 0007685225 MORTGAGORS: SANGAR VIJAY
SANGAR KIRAN
REGION CODE ADDRESS : 10208 CROSS HAVEN CT
02 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 423,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,338.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,885.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685233 MORTGAGORS: KOZLOWSKI GLEN
KOZLOWSKI JULIE
REGION CODE ADDRESS : 18095 TIMBER LANE
02 CITY : WILDWOOD
STATE/ZIP : IL 60030
MORTGAGE AMOUNT : 242,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,264.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.86600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,820,600.00
P & I AMT: 12,791.31
UPB AMT: 1,818,482.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 64
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685241 MORTGAGORS: RIZZO SANTO
RIZZO SHARON
REGION CODE ADDRESS : 2331 INDIAN RIDGE DR
02 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,653.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,142.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.32800
----------------------------------------------------------------
0 0007685258 MORTGAGORS: DYSART BARRY
DYSART DONNA
REGION CODE ADDRESS : 6409 GREGORY CT
02 CITY : SPRINGFIELD
STATE/ZIP : VA 22152
MORTGAGE AMOUNT : 230,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,506.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0007685266 MORTGAGORS: GOUDY WAYMAN
GOUDY DARLENE
REGION CODE ADDRESS : 1217 MILL RUN
02 CITY : CHESAPEAKE
STATE/ZIP : VA 23322
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,748.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685274 MORTGAGORS: MOORE-DUNCAN LANNA
REGION CODE ADDRESS : 49 TAMARACK DRIVE
02 CITY : SUCCASUNNA
STATE/ZIP : NJ 07876
MORTGAGE AMOUNT : 264,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,163.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------
0 0007685282 MORTGAGORS: CALDERON EDUARDO
CALDERON YOLANDA
REGION CODE ADDRESS : 2825 SECRETARIAT RD
02 CITY : TOLEDO
STATE/ZIP : OH 43606
MORTGAGE AMOUNT : 365,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,928.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,493.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,630,700.00
P & I AMT: 11,266.14
UPB AMT: 1,628,999.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 65
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685308 MORTGAGORS: BARRON JOSEPH
BARRON CYNTHIA
REGION CODE ADDRESS : 25224 TERRENO DR
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,819.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.67200
----------------------------------------------------------------
0 0007685316 MORTGAGORS: BAXTER DAWN
REGION CODE ADDRESS : 3260 HUNTINGTON
02 CITY : WESTON
STATE/ZIP : FL 33332
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,812.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685324 MORTGAGORS: LANGLINAIS ERIC
LANGLINAIS ROANNE
REGION CODE ADDRESS : 232 EMILY CIRCLE
02 CITY : LAFAYETTE
STATE/ZIP : LA 70508
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,662.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0007685332 MORTGAGORS: RUBIN MARK
REGION CODE ADDRESS : 5920 HILTON STREET
02 CITY : PLANO
STATE/ZIP : TX 75093
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,528.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685340 MORTGAGORS: JOHANSEN MARK
JOHANSEN LAURA
REGION CODE ADDRESS : 5239 EDMONDSON AVENUE
02 CITY : DALLAS
STATE/ZIP : TX 75209
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,398.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,471,900.00
P & I AMT: 10,080.31
UPB AMT: 1,470,221.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 66
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685357 MORTGAGORS: COOK MATTHEW
COOK JULIE
REGION CODE ADDRESS : 15918 OAK ISLAND DRIVE
02 CITY : TOMBALL
STATE/ZIP : TX 77375
MORTGAGE AMOUNT : 256,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,497.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,752.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------
0 0007685373 MORTGAGORS: POWELL NORMAN
REGION CODE ADDRESS : 4551 COLLEGE AVENUE
02 CITY : ELLICOTT
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,857.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,159.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685381 MORTGAGORS: NIX KEENAN
REGION CODE ADDRESS : 226 EASTLAKE DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30317
MORTGAGE AMOUNT : 322,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,278.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,338.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007685399 MORTGAGORS: CHADHA ANJANA
CHADHA BRIJ
REGION CODE ADDRESS : LOT 1 CRESCENT PL
02 CITY : MONROE
STATE/ZIP : CT 06468
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,109.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,580.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0007685407 MORTGAGORS: KAYE NEVA
KAYE SCOTT
REGION CODE ADDRESS : 12040 NW 10 ST
02 CITY : CORAL SPRINGS
STATE/ZIP : FL 33071
MORTGAGE AMOUNT : 354,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,258.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,450.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,473,200.00
P & I AMT: 10,281.48
UPB AMT: 1,471,001.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 67
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685423 MORTGAGORS: AZZARA MICHAEL
AZZARA CYNTHIA
REGION CODE ADDRESS : 12920 BUCKEYE DR
02 CITY : DARNESTOWN
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.94700
----------------------------------------------------------------
0 0007685431 MORTGAGORS: MARCUM STANTON
MARCUM LEANNE
REGION CODE ADDRESS : 1215 ELDEMERE RD
02 CITY : LEXINGTON
STATE/ZIP : KY 40502
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.85500
----------------------------------------------------------------
0 0007685449 MORTGAGORS: MC GRAA JEFFREY
MC GRAA KAREN
REGION CODE ADDRESS : 290 LAKE SHERWOOD DR
02 CITY : THOUSAND OAKS
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,311.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685456 MORTGAGORS: GRENKE BRUCE
GRENKE JAN
REGION CODE ADDRESS : 4957 VALLEY ORCHARD CT
02 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,581.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,798.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.75000
----------------------------------------------------------------
0 0007685464 MORTGAGORS: MOHLMAN ROBERT
MOHLMAN KRISTIN
REGION CODE ADDRESS : 8815 WORTHINGTON CIR
02 CITY : INDIANAPOLIS
STATE/ZIP : IN 46278
MORTGAGE AMOUNT : 411,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,687.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,838.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.16700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,001,000.00
P & I AMT: 13,808.66
UPB AMT: 1,999,129.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 68
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685472 MORTGAGORS: HOLLINS H.
REGION CODE ADDRESS : 6762 SW SHERWOOD COURT
02 CITY : TOPEKA
STATE/ZIP : KS 66614
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,617.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.90 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685480 MORTGAGORS: MCNULTY MARK
MCNULTY SALLIE
REGION CODE ADDRESS : 119 MAPLE DRIVE
02 CITY : LOS ALAMOS
STATE/ZIP : NM 87544
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,756.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685506 MORTGAGORS: PUROHIT AMUL
PUROHIT PARUL
REGION CODE ADDRESS : 331 LADUE WOODS DRIVE
02 CITY : CREVE COEUR
STATE/ZIP : MO 63141
MORTGAGE AMOUNT : 396,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,512.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,808.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685514 MORTGAGORS: JOHNSON LISA
JOHNSON DANIEL
REGION CODE ADDRESS : 6 DEER CREEK WOODS
02 CITY : LADUE
STATE/ZIP : MO 68124
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,374.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.24400
----------------------------------------------------------------
0 0007685522 MORTGAGORS: BISBEY CARY
BISBEY KATHARINA
REGION CODE ADDRESS : 1225 HORSESHOE BEND ROAD
02 CITY : LAKE OZARK
STATE/ZIP : MO 65049
MORTGAGE AMOUNT : 256,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,271.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.76 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 94.99300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,701,900.00
P & I AMT: 12,004.61
UPB AMT: 1,699,532.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 69
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685530 MORTGAGORS: BYRNE STEVEN
BYRNE STEPHANIE
REGION CODE ADDRESS : 7003 BRIDGEPOINTE BLVD
02 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,088.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685548 MORTGAGORS: LEE CHARLES
LEE MERLE
REGION CODE ADDRESS : 17220 ALDERSYDE DR
02 CITY : SHAKER HTS
STATE/ZIP : OH 44120
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,767.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,032.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.67900
----------------------------------------------------------------
0 0007685555 MORTGAGORS: CARLEY JOHN
CIMINO PATRICIA
REGION CODE ADDRESS : 501 OVERHILL DR
02 CITY : EDGEWATER
STATE/ZIP : MD 21037
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,473.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.29400
----------------------------------------------------------------
0 0007685563 MORTGAGORS: FINSTON MATTHEW
FINSTON SUSAN
REGION CODE ADDRESS : 3514 30TH ST NW
02 CITY : WASHINGTON
STATE/ZIP : DC 20008
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,386.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685571 MORTGAGORS: ROBINSON CHARLES
REGION CODE ADDRESS : 9405 ELSMERE COURT
02 CITY : BETHESDA
STATE/ZIP : MD 20814
MORTGAGE AMOUNT : 340,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,534.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,324.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,500,000.00
P & I AMT: 10,163.65
UPB AMT: 1,498,250.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 70
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685589 MORTGAGORS: OGLE ROBERT
OGLE TERESA
REGION CODE ADDRESS : 14503 RODDY RD
02 CITY : THURMONT
STATE/ZIP : MD 21788
MORTGAGE AMOUNT : 232,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,331.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,645.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.00200
----------------------------------------------------------------
0 0007685597 MORTGAGORS: BURKOSKY FRANK
BURKOSKY SANDRA
REGION CODE ADDRESS : 32765 BRIGHTON PK
02 CITY : SOLON
STATE/ZIP : OH 44139
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,730.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,633.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 53.14200
----------------------------------------------------------------
0 0007685605 MORTGAGORS: STEWART DENNIS
STEWART JOYCE
REGION CODE ADDRESS : 6 RUFFED GROUSE CT
02 CITY : TOWSON
STATE/ZIP : MD 21286
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,527.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.51000
----------------------------------------------------------------
0 0007685613 MORTGAGORS: BISSELLE ROBERT
BISSELLE MARION
REGION CODE ADDRESS : 19037 FESTIVAL DR
02 CITY : BOYDS
STATE/ZIP : MD 20841
MORTGAGE AMOUNT : 253,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,892.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
0 0007685621 MORTGAGORS: LOUCHIEY COREY
REGION CODE ADDRESS : 9960 HIGH FALLS POINTE
02 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 421,965.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,304.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,878.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,539,565.00
P & I AMT: 10,614.73
UPB AMT: 1,537,786.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 71
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685639 MORTGAGORS: DORSEY HATTIE
REGION CODE ADDRESS : 4405 PARK CENTER DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30331
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,732.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,431.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685647 MORTGAGORS: WINLAND VIRGIL
REGION CODE ADDRESS : 4691 SMOTHERS RD
02 CITY : WESTERVILLE
STATE/ZIP : OH 43081
MORTGAGE AMOUNT : 479,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,644.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,349.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.64000
----------------------------------------------------------------
0 0007685654 MORTGAGORS: IMPELLIZZERI LEN
IMPELLIZZERI MELINDA
REGION CODE ADDRESS : 8512 WESTOVER DR
02 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,725.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.65000
----------------------------------------------------------------
0 0007685662 MORTGAGORS: MANSFIELD WILLIAM
MANSFIELD GLORIA
REGION CODE ADDRESS : 332 WYE ROAD
02 CITY : QUEENSTOWN
STATE/ZIP : MD 21658
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,646.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,204.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685670 MORTGAGORS: JOHNSON RICHARD
REGION CODE ADDRESS : 13037 PORTSMOUTH
02 CITY : CARMEL
STATE/ZIP : IN 46032
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,807.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,925,000.00
P & I AMT: 13,390.22
UPB AMT: 1,923,556.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 72
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685688 MORTGAGORS: CHAPMAN RICK
CHAPMAN VICKIE
REGION CODE ADDRESS : 3825 WAGGONER ROAD
02 CITY : BLACKLICK
STATE/ZIP : OH 43004
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,793.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007685696 MORTGAGORS: DILL ALONZO
MOSCARILLO CHARLES
REGION CODE ADDRESS : 3731 JENIFER ST NW
02 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,721.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007685712 MORTGAGORS: CRAWFORD CHARLES
REGION CODE ADDRESS : 4553 BORDEAUX AVE
02 CITY : DALLAS
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,328.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.57600
----------------------------------------------------------------
0 0007685720 MORTGAGORS: DARNELL BRIAN
DARNELL KENDRA
REGION CODE ADDRESS : 1602 JOHN WORTHINGTON WAY
02 CITY : CROWNSVILLE
STATE/ZIP : MD 21032
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 597,966.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,941.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------
0 0007685738 MORTGAGORS: DORSETT MICHAEL
DORSETT MARIA
REGION CODE ADDRESS : 60 GROVEFIELD LANE
02 CITY : OWINGS
STATE/ZIP : MD 20736
MORTGAGE AMOUNT : 253,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,276.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,953,200.00
P & I AMT: 13,220.24
UPB AMT: 1,949,086.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 73
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685746 MORTGAGORS: MORENO KIMBERLY
MORENO GEORGE
REGION CODE ADDRESS : 400 PLEASANT VIEW CIR
02 CITY : BLACKSBURG
STATE/ZIP : VA 24060
MORTGAGE AMOUNT : 238,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,722.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------
0 0007685753 MORTGAGORS: BORTNER LARRY
BORTNER JANICE
REGION CODE ADDRESS : 2308 TUFTON RIDGE RD
02 CITY : REISTERSTOWN
STATE/ZIP : MD 21136
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,667.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,132.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685761 MORTGAGORS: SCHAFFER LAWRENCE
SCHAFFER PAMELA
REGION CODE ADDRESS : 1581 KESWICK PLACE
02 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 262,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,862.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.06500
----------------------------------------------------------------
0 0007685779 MORTGAGORS: BLADES REGINALD
BLADES LAURA
REGION CODE ADDRESS : 11329 WILLOWBROOK DRIVE
02 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,556.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685787 MORTGAGORS: TRIMPIN ANDY
TRIMPIN PATRICIA
REGION CODE ADDRESS : 780 MARSTON CT
02 CITY : MILLERSVILLE
STATE/ZIP : MD 21108
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,806.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,570.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,483,350.00
P & I AMT: 10,291.79
UPB AMT: 1,481,615.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 74
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685795 MORTGAGORS: SIMONS GRANT
SIMONS SUNISA
REGION CODE ADDRESS : 1549 COMANCHE ROAD
02 CITY : ARNOLD
STATE/ZIP : MD 21012
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,536.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0007685803 MORTGAGORS: LARKIN JAMES
LARKIN JUDITH
REGION CODE ADDRESS : 19 HEATHER WAY
02 CITY : NEWTOWN SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.71000
----------------------------------------------------------------
0 0007685811 MORTGAGORS: NIETO ZOILO
REGION CODE ADDRESS : 790 NORMAN ROAD
02 CITY : RIDGEFIELD
STATE/ZIP : NJ 07657
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,343.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685829 MORTGAGORS: SOBECK MICHAEL
SOBECK MARIE
REGION CODE ADDRESS : 391 WARRENVILLE RD
02 CITY : GREEN BROOK
STATE/ZIP : NJ 08812
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,002.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,082.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685837 MORTGAGORS: BANVILLE RICHARD
BANVILLE LAURIE
REGION CODE ADDRESS : 6 DOGWOOD LANE
02 CITY : DUNSTABLE
STATE/ZIP : MA 01827
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,029.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,571,400.00
P & I AMT: 11,063.66
UPB AMT: 1,569,912.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 75
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685845 MORTGAGORS: QUAGLIERI DAVID
CIRELLA BETH
REGION CODE ADDRESS : 18 SPRUCE RD
02 CITY : NORTH READING
STATE/ZIP : MA 01864
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,513.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.58000
----------------------------------------------------------------
0 0007685852 MORTGAGORS: PERLMAN ERIC
PERLMAN LAURA
REGION CODE ADDRESS : 185 DODDS LA
02 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,634.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,315.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.84600
----------------------------------------------------------------
0 0007685860 MORTGAGORS: O'HARE KEVIN
MILLER O'HARE CAROLYN
REGION CODE ADDRESS : 6 NORMAN RD
02 CITY : UPPER MONTCLAIR
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 232,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,639.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685894 MORTGAGORS: GATNIK RICHARD
GATNIK LAURIE
REGION CODE ADDRESS : 121 BEACH STREET
02 CITY : BOSTON
STATE/ZIP : MA 02111
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,587.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.48300
----------------------------------------------------------------
0 0007685902 MORTGAGORS: SPALLONE EDWARD
MCKIGNEY-SPALLONE DIANE
REGION CODE ADDRESS : 82 WOODBRIDGE AVE
02 CITY : METUCHEN
STATE/ZIP : NJ 08840
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,988.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,850.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,581,000.00
P & I AMT: 11,004.56
UPB AMT: 1,579,363.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 76
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685910 MORTGAGORS: ALLHOFF THOMAS
ALLHOFF KAREN
REGION CODE ADDRESS : 6515 SOLOMONS ISLAND ROAD
02 CITY : ST. LEONARD
STATE/ZIP : MD 20685
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,753.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.52267
----------------------------------------------------------------
0 0007685928 MORTGAGORS: OLSON THOMAS
OLSON MARGARET
REGION CODE ADDRESS : 5417 RADEL COURT
02 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 282,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,157.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007685936 MORTGAGORS: ZIEGELMAN ALLAN
ZIEGELMAN JEANNEMARIE
REGION CODE ADDRESS : 861 NE 76TH STREET
02 CITY : BOCA RATON
STATE/ZIP : FL 33487
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,619.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 37.50000
----------------------------------------------------------------
0 0007685951 MORTGAGORS: NOWAK JOSEPH
NOWAK MARY
REGION CODE ADDRESS : 611 WATERSTONE
02 CITY : MUSKEGON
STATE/ZIP : MI 49441
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,774.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,201.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.04700
----------------------------------------------------------------
0 0007685969 MORTGAGORS: HOFFMAN DAVID
HOFFMAN KATHRYN
REGION CODE ADDRESS : 11616 STRATHMORE COURT
02 CITY : DUNLAP
STATE/ZIP : IL 61525
MORTGAGE AMOUNT : 304,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,874.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.20900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,506,000.00
P & I AMT: 10,276.13
UPB AMT: 1,503,180.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 77
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007685977 MORTGAGORS: OBRIEN DANIEL
OBRIEN CONSTANCE
REGION CODE ADDRESS : 1807 HACKBERRY
02 CITY : BLOOMINGTON
STATE/ZIP : IL 61704
MORTGAGE AMOUNT : 425,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,476.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,940.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007685985 MORTGAGORS: SALEMI TONY
SALEMI HARRIET
REGION CODE ADDRESS : 4705 SAWGRASS DRIVE EAST
02 CITY : ANN ARBOR
STATE/ZIP : MI 48108
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,766.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.96000
----------------------------------------------------------------
0 0007685993 MORTGAGORS: MUI WING
MUI NIM
REGION CODE ADDRESS : 462 WEST OAKWOOD DRIVE
02 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 50.42000
----------------------------------------------------------------
0 0007686009 MORTGAGORS: PERRETT LEE
REGION CODE ADDRESS : 2770 CARMON ON WESLEY
02 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,966.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.52900
----------------------------------------------------------------
0 0007686017 MORTGAGORS: HEILBRUNN MARK
HEILBRUNN ANGELA
REGION CODE ADDRESS : 205 EUCLID AVENUE
02 CITY : SEATTLE
STATE/ZIP : WA 98122
MORTGAGE AMOUNT : 303,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,330.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,787,550.00
P & I AMT: 12,341.67
UPB AMT: 1,783,867.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 78
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686025 MORTGAGORS: OENBRINK STEPHEN
REGION CODE ADDRESS : 35 RIVER DR
02 CITY : TEQUESTA
STATE/ZIP : FL 33469
MORTGAGE AMOUNT : 357,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,253.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 68.09500
----------------------------------------------------------------
0 0007686041 MORTGAGORS: WHITE DANIEL
SAVIGNAC NANETTE
REGION CODE ADDRESS : 2527 NORTH SHEFFIELD UNIT 4C
02 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,118.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.99400
----------------------------------------------------------------
0 0007686058 MORTGAGORS: WILDER WILLIAM
WILDER MAURA
REGION CODE ADDRESS : 180 DAMON ROAD
02 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,665.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 84.28500
----------------------------------------------------------------
0 0007686066 MORTGAGORS: KEOWN MARCUS
KEOWN MARY
REGION CODE ADDRESS : 1719 PARK AVENUE
02 CITY : RICHMOND
STATE/ZIP : VA 23220
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,810.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.23500
----------------------------------------------------------------
0 0007686074 MORTGAGORS: ADKINS NOVIS
ADKINS JUDY
REGION CODE ADDRESS : 5525 PINE WOOD FOREST
02 CITY : ST. LOUIS
STATE/ZIP : MO 63128
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,759.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,437,000.00
P & I AMT: 10,210.50
UPB AMT: 1,435,608.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 79
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686082 MORTGAGORS: HANSELMAN THEODORE
HANSELMAN CAROLANN
REGION CODE ADDRESS : 60 CHASE ROAD
02 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,810.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686090 MORTGAGORS: LIPINSKI JAMES
REGION CODE ADDRESS : 665 KARA ROAD
02 CITY : GRAFTON
STATE/ZIP : WI 53024
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,766.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.57600
----------------------------------------------------------------
0 0007686108 MORTGAGORS: BARRY JUDITH
BARRY JOHN
REGION CODE ADDRESS : 5 RUSSET LN
02 CITY : LYNNFIELD
STATE/ZIP : MA 01940
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,784.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.97900
----------------------------------------------------------------
0 0007686116 MORTGAGORS: MELUGIN MICHAEL
HANSON-MELUGIN PAMELA
REGION CODE ADDRESS : W309 N1721 GREYWOOD LANE
02 CITY : DELAFIELD
STATE/ZIP : WI 53018
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,758.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.28500
----------------------------------------------------------------
0 0007686124 MORTGAGORS: EVANS DAVID
EVANS PATRICIA
REGION CODE ADDRESS : W290 N3070 HILLCREST DRIVE
02 CITY : DELAFIELD
STATE/ZIP : WI 53072
MORTGAGE AMOUNT : 341,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,878.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,357.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.89600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,535,400.00
P & I AMT: 10,735.18
UPB AMT: 1,533,998.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 80
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686132 MORTGAGORS: ZORN DANIEL
ZORN CYNTHIA
REGION CODE ADDRESS : 3 BERKSHIRE STREET
02 CITY : NORFORK
STATE/ZIP : MA 02056
MORTGAGE AMOUNT : 340,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,075.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007686140 MORTGAGORS: PIAZZA JEFFREY
PIAZZA JEAN
REGION CODE ADDRESS : 82 WOODSIDE AVENUE
02 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,399.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686165 MORTGAGORS: HOLLEN KENNETH
HOLLEN MEREDITH
REGION CODE ADDRESS : 8540 RYEWOOD TRAIL
02 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80919
MORTGAGE AMOUNT : 438,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,080.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,030.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007686173 MORTGAGORS: THOR ERIC
THOR JANET
REGION CODE ADDRESS : 13641 S. 33RD ST.
02 CITY : PHOENIX
STATE/ZIP : AZ 85044
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,751.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,258.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.12500
----------------------------------------------------------------
0 0007686181 MORTGAGORS: COFFEEN PAUL
COFFEEN MARJORY
REGION CODE ADDRESS : 7416 KENSHIRE LN
02 CITY : DALLAS
STATE/ZIP : TX 75230
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,402.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,744,000.00
P & I AMT: 11,876.24
UPB AMT: 1,741,708.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 81
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686199 MORTGAGORS: BATES GARY
BATES VICKIE
REGION CODE ADDRESS : 5852 SOUTH DANUBE CIRCLE
02 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,636.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,582.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686207 MORTGAGORS: FLYNN CHARLES
REGION CODE ADDRESS : 1412 HYDE PARK ROAD
02 CITY : SANTA FE
STATE/ZIP : NM 87501
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,814.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 38.75900
----------------------------------------------------------------
0 0007686215 MORTGAGORS: SLYTER JEFFREY
SLYTER JOANNE
REGION CODE ADDRESS : 7298 WEST 96TH AVENUE
02 CITY : BROOMFIELD
STATE/ZIP : CO 80021
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,602.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0007686223 MORTGAGORS: CHRISTIANIAN JIRAIR
CHRISTIANIAN ALINE
REGION CODE ADDRESS : 2085 STONY HILL ROAD
02 CITY : BOULDER
STATE/ZIP : CO 80303
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,452.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.35700
----------------------------------------------------------------
0 0007686231 MORTGAGORS: WHITFIELD MARK
SMITH GINGER
REGION CODE ADDRESS : 11730 EAST POWERS LANE
02 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,496.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,468,000.00
P & I AMT: 10,271.23
UPB AMT: 1,466,002.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 82
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686249 MORTGAGORS: ALBANO MARTIN
ALBANO MARY
REGION CODE ADDRESS : 245 ROCKWOOD DR
02 CITY : SOUTHINGTON
STATE/ZIP : CT 06489
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,817.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.74100
----------------------------------------------------------------
0 0007686256 MORTGAGORS: HETTINGER LEE
HETTINGER BRIDGET
REGION CODE ADDRESS : 303 WEST NOYES STREET
02 CITY : ARLINGTON HEIGHTS
STATE/ZIP : IL 60005
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,807.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------
0 0007686264 MORTGAGORS: JACKSON THOMAS
JACKSON MARTHA
REGION CODE ADDRESS : 9716 N 117TH WAY
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 316,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,165.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,212.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686272 MORTGAGORS: MCCASLIN RONALD
MCCASLIN DONA
REGION CODE ADDRESS : 1505 ROANOKE ROAD
02 CITY : KELLER
STATE/ZIP : TX 76262
MORTGAGE AMOUNT : 640,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 639,525.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,474.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686280 MORTGAGORS: GIARDULLO JERRY
GIAUDULLO DIANE
REGION CODE ADDRESS : 6285 CANTERBURY DRIVE
02 CITY : HUDSON
STATE/ZIP : OH 44236
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,534.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.84600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,772,400.00
P & I AMT: 12,388.48
UPB AMT: 1,770,849.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 83
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686298 MORTGAGORS: GRABER GREGORY
GRABER KELLY
REGION CODE ADDRESS : W281 N4853 THEODORE'S COVE
02 CITY : MERTON
STATE/ZIP : WI 53072
MORTGAGE AMOUNT : 264,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,203.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686306 MORTGAGORS: WALSH JOSEPH
WALSH HEATHER
REGION CODE ADDRESS : 1202 SOUTHWIND COURT
02 CITY : ANNAPOLIS
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 247,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,711.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0007686314 MORTGAGORS: BEACH JEFFREY
BEACH BESSIE
REGION CODE ADDRESS : 1616 MARMOT LANE
02 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,714.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.70100
----------------------------------------------------------------
0 0007686322 MORTGAGORS: TUCKER JULIA
TUCKER BRUCE
REGION CODE ADDRESS : 6881 N. VISTA DEL PUEBLO
02 CITY : TUCSON
STATE/ZIP : AZ 85750
MORTGAGE AMOUNT : 509,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,202.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,476.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686330 MORTGAGORS: TEYTELBAUM RENATA
REGION CODE ADDRESS : 2221 DONATO DRIVE
02 CITY : BELLEAIR BEACH
STATE/ZIP : FL 33786
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,740.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.86900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,746,900.00
P & I AMT: 12,074.60
UPB AMT: 1,745,572.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 84
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686348 MORTGAGORS: SMALL KATIE
SMALL ERNIE
REGION CODE ADDRESS : 5070 N OCEAN BLVD UNIT 12A
02 CITY : SINGER ISLAND
STATE/ZIP : FL 33404
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,314.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007686355 MORTGAGORS: BREARLEY DAVID
BREARLEY CAROL
REGION CODE ADDRESS : 4060 PALMER COURT
02 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,807.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.70500
----------------------------------------------------------------
0 0007686363 MORTGAGORS: SCHULTE STEVEN
SCHULTE CAROLINA
REGION CODE ADDRESS : W258 S10625 HORSESHOE LANE
02 CITY : MUKWONAGO
STATE/ZIP : WI 53149
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,006.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686371 MORTGAGORS: REIFENBERG ROBERT
REIFENBERG JANIE
REGION CODE ADDRESS : 1056 PAWNEE RD
02 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 473,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 472,640.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,266.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.00000
----------------------------------------------------------------
0 0007686389 MORTGAGORS: PEMBERTON MARK
DEFRIESE ALICE
REGION CODE ADDRESS : 4182 EAST LA ESPALDA
02 CITY : TUCSON
STATE/ZIP : AZ 85718
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,758.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.94100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,572,700.00
P & I AMT: 10,971.43
UPB AMT: 1,571,526.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 85
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007686397 MORTGAGORS: LINDEMER PHILLIP
LINDEMER IRENE
REGION CODE ADDRESS : 7725 SOUTH FOREST STREET
02 CITY : LITTLETON
STATE/ZIP : CO 80122
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,586.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0007686405 MORTGAGORS: SHAPIRO MARTI
SHAPIRO EVAN
REGION CODE ADDRESS : 8382 EGRET MEADOW LANE
02 CITY : WEST PALM BEACH
STATE/ZIP : FL 33412
MORTGAGE AMOUNT : 435,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,877.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,042.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.93300
----------------------------------------------------------------
0 0007686413 MORTGAGORS: MULLINS R.
MULLINS TAWANNA
REGION CODE ADDRESS : 6761 EAST EXPOSITION AVENUE
02 CITY : DENVER
STATE/ZIP : CO 80224
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.33333
----------------------------------------------------------------
0 0007686421 MORTGAGORS: MERIDETH ROBERT
LIVERMAN DIANA
REGION CODE ADDRESS : 2933 EAST HAWTHORNE STREET
02 CITY : TUCSON
STATE/ZIP : AZ 85716
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,808.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0007686439 MORTGAGORS: WILLIAMS REBECCA
REGION CODE ADDRESS : 268 BRISTLECONE WAY
02 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 648,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,542.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,642.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,924,200.00
P & I AMT: 13,471.51
UPB AMT: 1,922,567.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 86
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0007687544 MORTGAGORS: GORDON AARON
BLAKE DONNA
REGION CODE ADDRESS : 100 SOUTH CLERMONT STREET
02 CITY : DENVER
STATE/ZIP : CO 80246
MORTGAGE AMOUNT : 592,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 591,507.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,169.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/25
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.40000
----------------------------------------------------------------
0 0030773840 MORTGAGORS: GUARINO BRUCE
GUARINO GINA
REGION CODE ADDRESS : 6872 CHARTWELL DRIVE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 581,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 574,358.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,164.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/27
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0030840466 MORTGAGORS: HAUSSMANN TRUDY
REGION CODE ADDRESS : 4503 SEASHORE DR
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 649,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 642,317.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,768.74 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/27
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 61.31100
----------------------------------------------------------------
0 0030880348 MORTGAGORS: MILLER STEVEN
MILLER JENNIFER
REGION CODE ADDRESS : 4012 PAMAY DRIVE
01 CITY : MECHANICSBURG
STATE/ZIP : PA 17055
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,861.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,608.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.67500
----------------------------------------------------------------
0 0030909865 MORTGAGORS: ARLT JOSEPH
ARLT KAREN
REGION CODE ADDRESS : 1497 BRIDGE PT TRAIL
01 CITY : SUFFOLK
STATE/ZIP : VA 23432
MORTGAGE AMOUNT : 257,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,336.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.04 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 07/01/27
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,310,650.00
P & I AMT: 16,712.66
UPB AMT: 2,291,381.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 87
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0030960918 MORTGAGORS: SOARES CHRISTOPHER
HICKEY DENISE
REGION CODE ADDRESS : 2828 CARRIAGEDALE ROW
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 433,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,670.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,990.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.44900
----------------------------------------------------------------
0 0031074008 MORTGAGORS: WOOD PHILIP
WOOD FLORENCE
REGION CODE ADDRESS : 4 RING NECK ROAD
01 CITY : REMSENBURG
STATE/ZIP : NY 11960
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.57300
----------------------------------------------------------------
0 0031106644 MORTGAGORS: CRAVER JOSEPH
CRAVER LESLIE
REGION CODE ADDRESS : 3303 ZOLA STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,357.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/23
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.88372
----------------------------------------------------------------
0 0031166341 MORTGAGORS: HANFORD S
HANFORD WENDY
REGION CODE ADDRESS : LOT #2 JOHNNYCAKE LANE
01 CITY : IVORYTON
STATE/ZIP : CT 06442
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 91.18600
----------------------------------------------------------------
0 0031178205 MORTGAGORS: NATALONI KAREN
REGION CODE ADDRESS : 1239 FOLKSTONE WAY
01 CITY : CHERRY HILL
STATE/ZIP : NJ 08034
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,423.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,646,000.00
P & I AMT: 11,343.91
UPB AMT: 1,631,451.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 88
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031181357 MORTGAGORS: GRAVES ROBERT
GRAVES DIANA
REGION CODE ADDRESS : 9042 NE 33RD STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 268,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,891.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/26
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.74285
----------------------------------------------------------------
0 0031195415 MORTGAGORS: FERNANDEZ JOHN
FERNANDEZ JOY
REGION CODE ADDRESS : 67 OVERLEA NORTH
01 CITY : MASSAPEQUA PARK
STATE/ZIP : NY 11762
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,909.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,973.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.10700
----------------------------------------------------------------
0 0031226376 MORTGAGORS: PODMAJERSKY DAVID
PODMAJERSKY CHERYL
REGION CODE ADDRESS : 123 BERNARD DRIVE
01 CITY : TWP. OF MIDDLETOWN
STATE/ZIP : NJ 07748
MORTGAGE AMOUNT : 263,240.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,240.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031227200 MORTGAGORS: MARSHALL DAVID
REGION CODE ADDRESS : 2 BAYCREST WAY
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 267,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,186.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97400
----------------------------------------------------------------
0 0031230857 MORTGAGORS: GENTILE KEITH
GENTILE CAROLYN
REGION CODE ADDRESS : 10 SUPEREME COURT
01 CITY : SWAMPSCOTT
STATE/ZIP : MA 01907
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,594.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 68.57100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,574,240.00
P & I AMT: 10,995.65
UPB AMT: 1,562,822.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 89
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031234404 MORTGAGORS: FINGOLD DIANE
HOWARD PAUL
REGION CODE ADDRESS : 15 ARDMORE RD
01 CITY : NEWTON
STATE/ZIP : MA 02165
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,371.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------
0 0031239775 MORTGAGORS: SMITH VINCENT
SMITH ROSE
REGION CODE ADDRESS : 9 GATE VIEW ROAD
01 CITY : WAYNE
STATE/ZIP : PA 19444
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,556.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 93.47826
----------------------------------------------------------------
0 0031240443 MORTGAGORS: ENGLE-ZODEL KERRY
ZODEL RICK
REGION CODE ADDRESS : 225 LOGAN AVENUE
01 CITY : WYMOSSING
STATE/ZIP : PA 19610
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,342.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031241755 MORTGAGORS: KIBBEE JEFFERSON
KIBBEE ZANNE
REGION CODE ADDRESS : 6332 BALLANTINE PLACE
01 CITY : OAK PARK
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 401,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,890.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,740.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031254113 MORTGAGORS: CARMAN DAVID
CARMAN MARY
REGION CODE ADDRESS : 21366 SPARROW PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,992.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,780,800.00
P & I AMT: 12,360.03
UPB AMT: 1,774,152.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 90
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031256860 MORTGAGORS: PARCELL DONALD
PARCELL KAREN
REGION CODE ADDRESS : 104 ST CLAIRE AVENUE
01 CITY : SPRING LAKE
STATE/ZIP : NJ 07762
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.11400
----------------------------------------------------------------
0 0031257611 MORTGAGORS: MARTIN SHARON
WAN DAISY
REGION CODE ADDRESS : 3820 RENO ROAD NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20008
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,219.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.89400
----------------------------------------------------------------
0 0031265481 MORTGAGORS: REBECK RAYMOND
REBECK ALICE
REGION CODE ADDRESS : 711 MONTGOMERY ROAD
01 CITY : NESHANIC STATION
STATE/ZIP : NJ 08853
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,358.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,170.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031276165 MORTGAGORS: GALLARDO MARIO
GALLARDO MARY
REGION CODE ADDRESS : 1395 VINCENZO DRIVE
01 CITY : DOVER TOWNSHIP
STATE/ZIP : NJ 08753
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,827.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 88.03600
----------------------------------------------------------------
0 0031277973 MORTGAGORS: KEITH KENNETH
KEITH LISA
REGION CODE ADDRESS : 712 CAMELOT PARKWAY
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 266,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,904.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99399
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,044,300.00
P & I AMT: 14,106.22
UPB AMT: 2,039,482.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 91
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031278658 MORTGAGORS: SCHLANK JOAN
REGION CODE ADDRESS : 178 SAYRES PATH
01 CITY : WAINSCOTT
STATE/ZIP : NY 11975
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,901.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 51.25000
----------------------------------------------------------------
0 0031293608 MORTGAGORS: DOSKOW JEFFREY
DOSKOW KAREN
REGION CODE ADDRESS : 315 WYCHWOOD ROAD
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 590,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 590,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,175.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.72900
----------------------------------------------------------------
0 0031301328 MORTGAGORS: HOCHBERG ERIC
HOCHBERG AMY
REGION CODE ADDRESS : 10 DONNA DRIVE
01 CITY : UPPER BROOKVILLE
STATE/ZIP : NY 11771
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,805.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,591.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031304835 MORTGAGORS: STAMER DAVID
STAMER MITZI
REGION CODE ADDRESS : 51 POND HILLS COURT
01 CITY : LAGRANGE
STATE/ZIP : NY 12569
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,478.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.58600
----------------------------------------------------------------
0 0031306897 MORTGAGORS: NAREA LEONEL
DENAREA ROXANNA
REGION CODE ADDRESS : 48 LONG NECK POINT ROAD
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 528,782.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,660.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.92200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,400,000.00
P & I AMT: 16,777.31
UPB AMT: 2,397,067.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 92
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031307036 MORTGAGORS: COSTANZO LOUIS
COSTANZO JENNIFER
REGION CODE ADDRESS : 702 PUMPHREY FARM DRIVE
01 CITY : MILLERSVILLE
STATE/ZIP : MD 21108
MORTGAGE AMOUNT : 268,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,540.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031308570 MORTGAGORS: DUNN GORDON
MC GRATH JULIE
REGION CODE ADDRESS : 1073 GLENNWOOD ROAD
01 CITY : WINDHAM
STATE/ZIP : NH 03087
MORTGAGE AMOUNT : 265,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------
0 0031321219 MORTGAGORS: SACCONE MICHAEL
DOUGLAS SUSAN
REGION CODE ADDRESS : 6371 BERRYBUSH COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 286,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,942.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,977.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.79200
----------------------------------------------------------------
0 0031322472 MORTGAGORS: JAIN ARVIND
JAIN RENU
REGION CODE ADDRESS : 5934 LAUREL CREEK DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,304.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.21000
----------------------------------------------------------------
0 0031323678 MORTGAGORS: ALTAMURA GEORGE
ALTAMURA JACQUELINE
REGION CODE ADDRESS : 4250 SIVERADO TRAIL
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 9.67700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,770,400.00
P & I AMT: 11,989.10
UPB AMT: 1,765,947.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 93
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031329378 MORTGAGORS: WELSH DEAN
FORDHAM JUDY
REGION CODE ADDRESS : 6654 CURLEW TERRACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,856.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,051.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.15700
----------------------------------------------------------------
0 0031334295 MORTGAGORS: PATTERSON STEPHEN
PATTERSON JEAN
REGION CODE ADDRESS : 10509 SIDEBURN COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22032
MORTGAGE AMOUNT : 279,992.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,778.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99771
----------------------------------------------------------------
0 0031343643 MORTGAGORS: ELLIOTT JAMES
ELLIOTT SUSAN
REGION CODE ADDRESS : 5166 BRITTEN LANE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,744.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.79200
----------------------------------------------------------------
0 0031344179 MORTGAGORS: BORNSTEIN SCOTT
BORNSTEIN SHANI
REGION CODE ADDRESS : 22751 SWEET MEADOW
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,566.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,180.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.97435
----------------------------------------------------------------
0 0031344625 MORTGAGORS: HALLBERG DARYL
HALLBERG TAMRA
REGION CODE ADDRESS : 15341 IRON CANYON ROAD
01 CITY : CANYON COUNTRY
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,624.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.46100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,576,992.00
P & I AMT: 10,865.47
UPB AMT: 1,572,946.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 94
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031344732 MORTGAGORS: SILBERT SCOTT
SILBERT DENI
REGION CODE ADDRESS : 175 WEST 93RD STREET #8FG
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,185.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 47.65600
----------------------------------------------------------------
0 0031348881 MORTGAGORS: RAINES TIMOTHY
RAINES LISA
REGION CODE ADDRESS : 20759 QUIET BROOK PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 261,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,635.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,742.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
0 0031353121 MORTGAGORS: DAVIS STEVEN
DAVIS CARYN
REGION CODE ADDRESS : 5109 BRITTEN LANE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 270,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,094.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98816
----------------------------------------------------------------
0 0031358161 MORTGAGORS: WARREN JONATHAN
MCKOY CARLENE
REGION CODE ADDRESS : 12360 IONA SOUND DR
01 CITY : BRISTOW
STATE/ZIP : VA 20136
MORTGAGE AMOUNT : 253,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031364714 MORTGAGORS: EDWARDS MARC
WILSON MARLENE
REGION CODE ADDRESS : 527 MOUNTAIN ROAD
01 CITY : WEST HARTFORD
STATE/ZIP : CT 06117
MORTGAGE AMOUNT : 539,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 538,360.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,726.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.41400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,630,550.00
P & I AMT: 11,188.21
UPB AMT: 1,628,890.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 95
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031365166 MORTGAGORS: DAVIS WILLIAM
DAVIS CHRISTA
REGION CODE ADDRESS : 11 CREST VIEW LANE
01 CITY : SPARTA, TWP OF
STATE/ZIP : NJ 07871
MORTGAGE AMOUNT : 469,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,279.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.53700
----------------------------------------------------------------
0 0031368087 MORTGAGORS: CLARKE HAROLD
CLARKE ANNE
REGION CODE ADDRESS : 9 PINNACLE DRIVE
01 CITY : NEWTOWN
STATE/ZIP : CT 06470
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 88.64100
----------------------------------------------------------------
0 0031370026 MORTGAGORS: GILINSKY MICHAEL
REGION CODE ADDRESS : 1053 BEAUMONT ROAD
01 CITY : BERWYN
STATE/ZIP : PA 19312
MORTGAGE AMOUNT : 233,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,608.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031371313 MORTGAGORS: MANCAO RAMON
JARIOL MARIA
REGION CODE ADDRESS : 6344 SOFT THUNDER TRAIL
01 CITY : COLUMBIA
STATE/ZIP : MD 21045
MORTGAGE AMOUNT : 286,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,687.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,006.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99500
----------------------------------------------------------------
0 0031371321 MORTGAGORS: PURDY GARY
WOODS SUSANNE
REGION CODE ADDRESS : 18922 SAINT ALBERT DRIVE
01 CITY : BROOKEVILLE
STATE/ZIP : MD 20833
MORTGAGE AMOUNT : 238,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,004.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,584.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,900.00
P & I AMT: 10,997.52
UPB AMT: 1,586,300.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 96
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031373293 MORTGAGORS: GOYAL RAVINDRA
GOYAL NIRMAL
REGION CODE ADDRESS : 4609 BRIGHTWOOD RD
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.96500
----------------------------------------------------------------
0 0031377450 MORTGAGORS: QUIGLEY GENEVA
REGION CODE ADDRESS : 43 HUDSON CIRCLE
01 CITY : HOUSTON
STATE/ZIP : TX 77024
MORTGAGE AMOUNT : 315,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,842.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.68750
----------------------------------------------------------------
0 0031380744 MORTGAGORS: MCLEOD JAMES
MCLEOD NANCY
REGION CODE ADDRESS : 1131 RUSHING PARC DRIVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35244
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,688.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.96900
----------------------------------------------------------------
0 0031383185 MORTGAGORS: AVINO JOSEPH
AVINO GINA
REGION CODE ADDRESS : 23 PIERSON COURT
01 CITY : MAHWAH
STATE/ZIP : NJ 07430
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,235.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,477.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.08600
----------------------------------------------------------------
0 0031387111 MORTGAGORS: CHAMUDES OSCAR
REGION CODE ADDRESS : 160 WEST 66TH STREET # 25B
01 CITY : NEW YORK
STATE/ZIP : NY 10023
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,455.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,654.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,604,200.00
P & I AMT: 11,187.66
UPB AMT: 1,601,987.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 97
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031387129 MORTGAGORS: FRIEDBERG SUSAN
REGION CODE ADDRESS : 213 WEST 70TH ST. #1
01 CITY : NEW YORK
STATE/ZIP : NY 10023
MORTGAGE AMOUNT : 605,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 605,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,230.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 46.53800
----------------------------------------------------------------
0 0031387426 MORTGAGORS: GRAHAM CHARLES
GRAHAM CHERYL
REGION CODE ADDRESS : 3644 WINFIELD LN
01 CITY : WASHINGTON
STATE/ZIP : DC 20007
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,110.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,076.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.05200
----------------------------------------------------------------
0 0031394356 MORTGAGORS: YUSKEVICH JEFFREY
YUSKEVICH SUSAN
REGION CODE ADDRESS : 212 BRIDLEMERE AVENUE
01 CITY : INTERLAKEN
STATE/ZIP : NJ 07712
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,292.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031394851 MORTGAGORS: HANSEN LARRY
HANSEN GEORGIA
REGION CODE ADDRESS : 53 PLEASANT RUN ROAD
01 CITY : READINGTON TOWNSHIP
STATE/ZIP : NJ 08822
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 472,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,219.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031395684 MORTGAGORS: LAWRENCE GARY
LAWRENCE LINDA
REGION CODE ADDRESS : 5805 SCENIC BAY COURT
01 CITY : ARLINGTON
STATE/ZIP : TX 76013
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,697.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,646.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,078,000.00
P & I AMT: 14,383.16
UPB AMT: 2,076,099.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 98
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031400187 MORTGAGORS: EWING MARTIN
EWING SHARON
REGION CODE ADDRESS : 3579 AVENIDA PANTERA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 650,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,040.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,719.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 015
LTV : 79.99900
----------------------------------------------------------------
0 0031402159 MORTGAGORS: BERKOOZ GAL
BERKOOZ CORRY
REGION CODE ADDRESS : 34 JANET ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 421,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,336.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031402555 MORTGAGORS: ATLEE WILLIAM
ATLEE KELLEY
REGION CODE ADDRESS : 102 PEREGRINE LANE
01 CITY : DOWNINGTOWN
STATE/ZIP : PA 19335
MORTGAGE AMOUNT : 282,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,853.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.99300
----------------------------------------------------------------
0 0031407224 MORTGAGORS: LEBOWITZ MICHAEL
LEBOWITZ MARILYN
REGION CODE ADDRESS : 211 CENTRAL PARK WEST
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,117.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,403.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 015
LTV : 30.30300
----------------------------------------------------------------
0 0031407935 MORTGAGORS: SHARMA SREENIDHI
SHARMA CAROLINE
REGION CODE ADDRESS : 120 ROBINSON ROAD
01 CITY : BOXBOROUGH
STATE/ZIP : MA 01719
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,342.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.13600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,689,550.00
P & I AMT: 18,265.69
UPB AMT: 2,685,595.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 99
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031411036 MORTGAGORS: ELBE THOMAS
ELBE LINDA
REGION CODE ADDRESS : 105 CHESTNUT STREET
01 CITY : GARDEN CITY
STATE/ZIP : NY 11530
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,078.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031418379 MORTGAGORS: BATEMAN MICHAEL
BATEMAN SUZANNE
REGION CODE ADDRESS : 34 W 30TH STREET
01 CITY : AVALON
STATE/ZIP : NJ 08247
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,978.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,688.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031422934 MORTGAGORS: GASSEL ROBERT
GASSEL FLAVIA
REGION CODE ADDRESS : 255 WEST 84TH ST. #10C
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.54300
----------------------------------------------------------------
0 0031425531 MORTGAGORS: KEELER ROBERT
KEELER ELIZABETH
REGION CODE ADDRESS : 5124 ROYAL CREST DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75229
MORTGAGE AMOUNT : 361,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,688.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,498.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.33333
----------------------------------------------------------------
0 0031427511 MORTGAGORS: PRATT JOSEPH
LEWIS KIMBERLY
REGION CODE ADDRESS : 9 NORTHWOODS ROAD
01 CITY : RADNOR
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 403,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,682.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,553,500.00
P & I AMT: 10,689.52
UPB AMT: 1,550,945.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 100
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031428030 MORTGAGORS: ROJAS KENDALL
REGION CODE ADDRESS : 3921 WOODCLIFF ROAD
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91403
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,156.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031428295 MORTGAGORS: SLOATE PAUL
ROWAN AMY
REGION CODE ADDRESS : 830 GREAT SPRINGS ROAD
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,245.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.85300
----------------------------------------------------------------
0 0031430986 MORTGAGORS: SMITH-ROGERS FONTELLA
REGION CODE ADDRESS : 10871 CONSTITUTION ROAD
01 CITY : WALDORF
STATE/ZIP : MD 20603
MORTGAGE AMOUNT : 239,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,044.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------
0 0031431398 MORTGAGORS: JACOBS SOL
JACOBS KAREN
REGION CODE ADDRESS : 20 APPLETON ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,342.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031438161 MORTGAGORS: FISCH JOHN
FISCH MELISSA
REGION CODE ADDRESS : 17 ENGLISH SADDLE COURT
01 CITY : PARKTON
STATE/ZIP : MD 21120
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,870.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,436,300.00
P & I AMT: 9,865.19
UPB AMT: 1,432,914.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 101
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031440589 MORTGAGORS: PORTER WILLIAM
REGION CODE ADDRESS : 108 HAWTHORNE LANE
01 CITY : CHARLOTTESVILLE
STATE/ZIP : VA 22911
MORTGAGE AMOUNT : 245,520.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,927.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,654.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 86.14700
----------------------------------------------------------------
0 0031441389 MORTGAGORS: NITKIN TODD
NITKIN JANET
REGION CODE ADDRESS : 15008 WHITETAIL WAY
01 CITY : DARNESTOWN
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 370,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,318.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,559.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.04800
----------------------------------------------------------------
0 0031445521 MORTGAGORS: CLARK DAVID
CLARK DEBORAH
REGION CODE ADDRESS : 11012 SOUTH WHITETAIL LANE
01 CITY : OLATHE
STATE/ZIP : KS 66061
MORTGAGE AMOUNT : 272,811.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,138.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
0 0031450646 MORTGAGORS: SAYDE RICHARD
BRAKO ANNE
REGION CODE ADDRESS : 675 WEST STREET
01 CITY : CARLISLE
STATE/ZIP : MA 01741
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,381.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 32.05100
----------------------------------------------------------------
0 0031455637 MORTGAGORS: THOMAS CLIFFORD
THOMAS LORI
REGION CODE ADDRESS : 394 STEWART AVENUE
01 CITY : GARDEN CITY
STATE/ZIP : NY 11530
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,313.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,588,931.00
P & I AMT: 10,846.12
UPB AMT: 1,583,078.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 102
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031460165 MORTGAGORS: FASO SALVATORE
FASO VELLA
REGION CODE ADDRESS : 380 WEST WALNUT AVENUE
01 CITY : ROSELLE
STATE/ZIP : IL 60172
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,307.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.74100
----------------------------------------------------------------
0 0031461064 MORTGAGORS: ROMANO ANTHONY
ROMANO ELAINE
REGION CODE ADDRESS : 6026 SHELTER BAY AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,422.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031462526 MORTGAGORS: VARVIL DONALD
VARVIL CHERYL
REGION CODE ADDRESS : 1235 ELK RUN RD/P.O. BOX 1518
01 CITY : SILVERTHORNE
STATE/ZIP : CO 80498
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,903.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,172.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.22834
----------------------------------------------------------------
0 0031462617 MORTGAGORS: LEE JAMES
ALLEN TERRYL
REGION CODE ADDRESS : 01 VIA GAVILAN
01 CITY : EDGEWOOD
STATE/ZIP : NM 87015
MORTGAGE AMOUNT : 245,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,999.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031462690 MORTGAGORS: MULCH RAY
MULCH VERONICA
REGION CODE ADDRESS : 26060 N. 82ND STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,665.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.82300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,622,400.00
P & I AMT: 11,347.72
UPB AMT: 1,617,374.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 103
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031462732 MORTGAGORS: SUNDBERG STEPHEN
SUNDBERG JOAN
REGION CODE ADDRESS : 5008 BEACH DRIVE, SW
01 CITY : SEATTLE
STATE/ZIP : WA 98136
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,811.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 40.32200
----------------------------------------------------------------
0 0031463250 MORTGAGORS: JENKINS RICHARD
PELLEGRINI-JENKINS JULIE
REGION CODE ADDRESS : 101 HAWTHORN PLACE
01 CITY : MANDEVILLE
STATE/ZIP : LA 70471
MORTGAGE AMOUNT : 243,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,870.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 83.42400
----------------------------------------------------------------
0 0031463698 MORTGAGORS: LOHMAN JESSE
LOHMAN MARIE
REGION CODE ADDRESS : 6311 GRAND OAK DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : LA 71301
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,022.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.44400
----------------------------------------------------------------
0 0031468226 MORTGAGORS: NEUSTADTER MARK
REGION CODE ADDRESS : 415 N. LANCASTER AVE
01 CITY : MARGATE
STATE/ZIP : NJ 08402
MORTGAGE AMOUNT : 255,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,941.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,808.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031468275 MORTGAGORS: SHEEHAN MARK
KIEFER FRANCINE
REGION CODE ADDRESS : 4607 BRANDYWINE STREET NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,509.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,314,300.00
P & I AMT: 9,001.51
UPB AMT: 1,310,155.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 104
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031469604 MORTGAGORS: EBERT ROBERT
EBERT COLETTE
REGION CODE ADDRESS : 7 RAMAPO TRAIL
01 CITY : HARRISON
STATE/ZIP : NY 10528
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,991.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 45.18500
----------------------------------------------------------------
0 0031477110 MORTGAGORS: LEMA JOHN
REGION CODE ADDRESS : 10637 ROYS HILL LANE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 229,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,049.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98996
----------------------------------------------------------------
0 0031480965 MORTGAGORS: LEVITT CARRIE
GUISER GARY
REGION CODE ADDRESS : 114 OLD BELDEN HILL ROAD
01 CITY : NORWALK
STATE/ZIP : CT 06850
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,211.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.82600
----------------------------------------------------------------
0 0031483449 MORTGAGORS: RUBINOWITZ MICHAEL
RUBINOWITZ ELLEN
REGION CODE ADDRESS : 9 COBBLERS LANE
01 CITY : DIX HILLS
STATE/ZIP : NY 11746
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,424.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031484082 MORTGAGORS: SMITH DANIEL
SMITH LORI
REGION CODE ADDRESS : 3030 SAN MIGUEL COURT
01 CITY : CONCORD
STATE/ZIP : CA 94518
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,878.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,609.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.73384
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,455,150.00
P & I AMT: 9,855.23
UPB AMT: 1,450,554.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 105
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031484371 MORTGAGORS: BEEBE JOE
BEEBE JO ANN
REGION CODE ADDRESS : 4565 WEST AVENUE M-14
01 CITY : LANCASTER AREA
STATE/ZIP : CA 93536
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,674.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031484660 MORTGAGORS: KUHN WILLIAM
KUHN EMILY
REGION CODE ADDRESS : 332 DELANCEY STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19106
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------
0 0031491863 MORTGAGORS: SOUILAH ABDELKRIM
GEORGE SUSAN
REGION CODE ADDRESS : 2164 MONTICELLO ROAD
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,701.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,612.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.92500
----------------------------------------------------------------
0 0031491947 MORTGAGORS: JAKUBOWSKI CEZARY
JAKUBOWSKI EVA
REGION CODE ADDRESS : 21722 TIMBER RIDGE
01 CITY : KILDEER
STATE/ZIP : IL 60047
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.90000
----------------------------------------------------------------
0 0031492218 MORTGAGORS: GILBERT E.
SUND JUDY
REGION CODE ADDRESS : 100 RIVERSIDE DRIVE 11C
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.14200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,911,000.00
P & I AMT: 13,285.39
UPB AMT: 1,909,985.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 106
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031492374 MORTGAGORS: ROMANO CHARLES
ROMANO NANCY
REGION CODE ADDRESS : 59 FAIRMOUNT ROAD WEST
01 CITY : TEWKSBURY TOWNSHIP
STATE/ZIP : NJ 07830
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,015.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031492994 MORTGAGORS: GLADSTONE LAWRENCE
GLADSTONE JODI
REGION CODE ADDRESS : 3 WRIGHT DRIVE
01 CITY : DIX HILLS
STATE/ZIP : NY 11746
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,726.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031493265 MORTGAGORS: FISHER JACQUELINE
REGION CODE ADDRESS : 1541 SOUTH PATTON AVENUE
01 CITY : SAN PEDRO AREA
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,962.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.87300
----------------------------------------------------------------
0 0031493539 MORTGAGORS: BIELECKI EDWARD
GLEESON THERESA
REGION CODE ADDRESS : 14257 CLUBHOUSE ROAD
01 CITY : GAINESVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 236,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
0 0031495708 MORTGAGORS: GUTOWSKI RICHARD
GUTOWSKI KATHLEEN
REGION CODE ADDRESS : 33 HOLLOW TREE RIDGE ROAD
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,627.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 52.63100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,457,000.00
P & I AMT: 10,109.04
UPB AMT: 1,455,131.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 107
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031496631 MORTGAGORS: MELITO CHRISTOPHER
MELITO ELIZABETH
REGION CODE ADDRESS : 112 WARREN STREET
01 CITY : SOMERS
STATE/ZIP : NY 10589
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,616.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.23 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031496961 MORTGAGORS: MCGUIRE FRANK
MCGUIRE DONNA
REGION CODE ADDRESS : 147 ASH STREET
01 CITY : HOPKINTON
STATE/ZIP : MA 01748
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,031.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031497498 MORTGAGORS: BUTTENWIESER PETER
UPTON SUSAN
REGION CODE ADDRESS : 1125 PARK AVENUE # 5D
01 CITY : NEW YORK
STATE/ZIP : NY 10128
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.69600
----------------------------------------------------------------
0 0031498173 MORTGAGORS: MCCAW CLINTON
MCCAW SUSAN
REGION CODE ADDRESS : 24209 NORTH 87TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 303,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,069.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031498942 MORTGAGORS: BILHARTZ LYMAN
BILHARTZ JANET
REGION CODE ADDRESS : 4449 SHADY HILL
01 CITY : DALLAS
STATE/ZIP : TX 75229
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,375.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,191.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.40000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,561,950.00
P & I AMT: 11,011.41
UPB AMT: 1,560,093.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 108
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031501364 MORTGAGORS: HURST JON
HURST JAN
REGION CODE ADDRESS : 99 GROVER STREET
01 CITY : BEVERLY
STATE/ZIP : MA 01915
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,077.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.55000
----------------------------------------------------------------
0 0031503147 MORTGAGORS: NEILL CATHERINE
DREXEL CATHERINE
REGION CODE ADDRESS : 4821 WELLINGTON DRIVE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,801.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.23300
----------------------------------------------------------------
0 0031504335 MORTGAGORS: FISHER WILLIAM
MCDONOUGH MARGO
REGION CODE ADDRESS : 3001 ROSEMONT DRIVE
01 CITY : LANDENBERG
STATE/ZIP : PA 19350
MORTGAGE AMOUNT : 305,486.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,971.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,006.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 92.37400
----------------------------------------------------------------
0 0031506066 MORTGAGORS: MASLUK DANIEL
MASLUK ANGELA
REGION CODE ADDRESS : 1077 GREEN VALLEY ROAD
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 429,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,939.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,963.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.60800
----------------------------------------------------------------
0 0031506132 MORTGAGORS: GATTO JOSEPH
GATTO SHAWN
REGION CODE ADDRESS : 55 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 296,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,462.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,576,186.00
P & I AMT: 10,785.91
UPB AMT: 1,574,175.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 109
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031507163 MORTGAGORS: DRELL STEVEN
DRELL SHARON
REGION CODE ADDRESS : 20516 HIAWATHA STREET
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 424,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,460.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,861.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031508781 MORTGAGORS: MURRAY JAMES
MURRAY MINDY
REGION CODE ADDRESS : 56 ORCHARD STREET
01 CITY : MILLIS
STATE/ZIP : MA 02054
MORTGAGE AMOUNT : 275,120.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,925.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.54300
----------------------------------------------------------------
0 0031509060 MORTGAGORS: HOFFMAN GREGORY
HOFFMAN ROSEMARIE
REGION CODE ADDRESS : 5676 SCENIC MEADOWS LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 513,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 513,318.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,374.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.95500
----------------------------------------------------------------
0 0031513799 MORTGAGORS: PINKUS SCOTT
ROSENWALD CINDY
REGION CODE ADDRESS : 3510-3512 MEADOWLARK DRIVE
01 CITY : HUNTINGDON VALLEY
STATE/ZIP : PA 19006
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,292.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,321.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.04500
----------------------------------------------------------------
0 0031514193 MORTGAGORS: SUMA EDWARD
SUMA LISA
REGION CODE ADDRESS : 14910 KISHWAUKEE VALLEY ROAD
01 CITY : WOODSTOCK
STATE/ZIP : IL 60098
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.93900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,955,670.00
P & I AMT: 13,373.29
UPB AMT: 1,953,997.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 110
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031516545 MORTGAGORS: REID DENNIS
REID KATHLEEN
REGION CODE ADDRESS : 893 HILLTOP TERRACE
01 CITY : FRANKLIN LAKES
STATE/ZIP : NJ 07417
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,616.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.02531
----------------------------------------------------------------
0 0031519036 MORTGAGORS: MIX RONALD
MIX LISA
REGION CODE ADDRESS : 4605 BRIGHTWOOD ROAD
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 305,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,678.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,165.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------
0 0031520307 MORTGAGORS: TAVASOLI KEYHAN
NADJMI MOZHGAN
REGION CODE ADDRESS : 6872 CALLE TANIA
01 CITY : CAMRILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,050.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031520463 MORTGAGORS: EDELBERG GALE
REGION CODE ADDRESS : 401 CORTES CIRCLE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 498,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,969.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,402.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031522014 MORTGAGORS: BEKKER P.
BEKKER H.
REGION CODE ADDRESS : 4083 EAST CRESTHAVEN DRIVE
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 512,481.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.63636
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,898,650.00
P & I AMT: 12,983.67
UPB AMT: 1,883,797.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 111
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031525611 MORTGAGORS: MARTINEZ SCOTT
DAVIS-MARTINEZ VICKI
REGION CODE ADDRESS : 7055 FOXBORO CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 278,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,864.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,898.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97300
----------------------------------------------------------------
0 0031527690 MORTGAGORS: CHAN SIDNEY
CHAN PAULA
REGION CODE ADDRESS : 19 PRINCETON OVAL
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,772.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.06800
----------------------------------------------------------------
0 0031527831 MORTGAGORS: HOLZER DORON
HOLZER JUDITH
REGION CODE ADDRESS : 30 DEAN RD UNIT #2D
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,784.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.47400
----------------------------------------------------------------
0 0031528409 MORTGAGORS: LA MAIRE JAMES
LA MAIRE LORI
REGION CODE ADDRESS : 39 DRYDEN ROAD
01 CITY : BERNARDS TWP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,767.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.21500
----------------------------------------------------------------
0 0031528789 MORTGAGORS: GERSTENFELD HEIDI
DAVIS JOSEPH
REGION CODE ADDRESS : 728-732 SOUTH PLYMOUTH BOULEVARD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90005
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,400.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,506,300.00
P & I AMT: 10,326.86
UPB AMT: 1,504,589.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 112
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031531205 MORTGAGORS: MCLAUGHLIN PATRICK
MCLAUGHLIN JENNIFER
REGION CODE ADDRESS : 43 SOUTH VIA LUCIA LANE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 433,975.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031531213 MORTGAGORS: SMITH LAWRENCE
SMITH CHERYL
REGION CODE ADDRESS : 25919 WEST FRANKLIN LANE
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,418.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.10100
----------------------------------------------------------------
0 0031531494 MORTGAGORS: O'HARA RICHARD
O'HARA MARY
REGION CODE ADDRESS : 1328 CARRINGTON COURT
01 CITY : QUINCY
STATE/ZIP : IL 62301
MORTGAGE AMOUNT : 234,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,203.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,539.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031531726 MORTGAGORS: O'NEILL ROBERT
O'NEILL KAREN
REGION CODE ADDRESS : 3005 ROSE ARBOR COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22031
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,402.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031532674 MORTGAGORS: JOHNS MICHAEL
JOHNS SHERRY
REGION CODE ADDRESS : 2250 PEACHLEAF COURT
01 CITY : LONGWOOD
STATE/ZIP : FL 32779
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,797.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,485,700.00
P & I AMT: 10,069.71
UPB AMT: 1,482,797.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 113
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031533326 MORTGAGORS: KAM JOEL
KAM CASSIE
REGION CODE ADDRESS : 10619 ASHTON AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,125.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.76600
----------------------------------------------------------------
0 0031534241 MORTGAGORS: HALL GARY
HALL KATHLEEN
REGION CODE ADDRESS : 6701 214TH AVE NE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,780.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.21800
----------------------------------------------------------------
0 0031534308 MORTGAGORS: KENNEDY DANIEL
KENNEDY RUTH
REGION CODE ADDRESS : 9 ASHWOOD DRIVE
01 CITY : NORTH READING
STATE/ZIP : MA 01864
MORTGAGE AMOUNT : 311,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,500.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,100.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------
0 0031535461 MORTGAGORS: COUFAL GERALD
COUFAL JUDY
REGION CODE ADDRESS : 5796 EAST GLENSTONE DRIVE
01 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,310.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,608.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.12200
----------------------------------------------------------------
0 0031536204 MORTGAGORS: ROWE JOHN
ROWE KATRINA
REGION CODE ADDRESS : 404 SOUTH GRANADOS AVENUE
01 CITY : SOLANO BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,628.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,370.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,750.00
P & I AMT: 11,762.90
UPB AMT: 1,702,346.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 114
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031538077 MORTGAGORS: THUMM STEVE
THUMM JANINE
REGION CODE ADDRESS : 103 SOUTH LONGFELLOW DRIVE
01 CITY : WEST WINDSOR TOWNSHIP
STATE/ZIP : NJ 08550
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,740.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,533.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.74500
----------------------------------------------------------------
0 0031538218 MORTGAGORS: PRITCHETT EDWIN
REGION CODE ADDRESS : 170 HIGH BLUFF COURT
01 CITY : DULUTH
STATE/ZIP : GA 30155
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,478.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.68400
----------------------------------------------------------------
0 0031539026 MORTGAGORS: FINE MICHAEL
REGION CODE ADDRESS : 105 W. KIRKLAND AVENUE
01 CITY : BRANT BEACH
STATE/ZIP : NJ 08008
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,118.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031539075 MORTGAGORS: WADINA MARK
WADINA RONDA
REGION CODE ADDRESS : 1319 WEST CHIPPEWA TRAIL
01 CITY : MOSINEE
STATE/ZIP : WI 54455
MORTGAGE AMOUNT : 392,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,101.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,710.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031539778 MORTGAGORS: HEFNER JOE
HEFNER SHIRLEY
REGION CODE ADDRESS : 1129 DEBRA DRIVE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,959.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 72.84400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,610,400.00
P & I AMT: 11,300.97
UPB AMT: 1,608,399.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 115
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031540917 MORTGAGORS: KENDALL GREGORY
REGION CODE ADDRESS : 16500 FITZPATRICK LANE
01 CITY : OCCIDENTAL
STATE/ZIP : CA 95465
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,791.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031541618 MORTGAGORS: HOLDEN LAURAINE
HOLDEN CHAUNCEY
REGION CODE ADDRESS : 15 RIVER MEADOW DRIVE
01 CITY : WEST NEWBURY
STATE/ZIP : MA 01985
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.00000
----------------------------------------------------------------
0 0031541691 MORTGAGORS: TYRIE DAVID
TYRIE SALLY
REGION CODE ADDRESS : 2 MEADOWCROFT ROAD
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,894.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031543614 MORTGAGORS: RAMS THOMAS
SOGA NADINE
REGION CODE ADDRESS : 2302 HALLS GROVE ROAD
01 CITY : GAMBRILLS
STATE/ZIP : MD 21054
MORTGAGE AMOUNT : 299,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,731.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031543663 MORTGAGORS: RAYMOND GEORGE
SULLIVAN BARBARA
REGION CODE ADDRESS : 11471 MEATH DRIVE
01 CITY : FAIRFAX
STATE/ZIP : VA 22030
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,754.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,100.00
P & I AMT: 10,498.67
UPB AMT: 1,531,171.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 116
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031545775 MORTGAGORS: DEBORD ERIC
DEBORD MARYBETH
REGION CODE ADDRESS : 514 WARREN COURT
01 CITY : HINSDALE
STATE/ZIP : IL 60521
MORTGAGE AMOUNT : 586,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 585,648.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,151.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031546344 MORTGAGORS: LAREW ANDREW
REGION CODE ADDRESS : 115 FERN STREET
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,780.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031547177 MORTGAGORS: ANDERSON RANDY
ANDERSON VALERIE
REGION CODE ADDRESS : 20505 127TH STREET S.E.
01 CITY : SNOHOMISH
STATE/ZIP : WA 98290
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,796.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.90400
----------------------------------------------------------------
0 0031547839 MORTGAGORS: DRUEDING DAVID
STABILE SUSAN
REGION CODE ADDRESS : 43 MOREWOOD OAKS
01 CITY : PORT WASHINGTON
STATE/ZIP : NY 11050
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031548779 MORTGAGORS: SUNSERI PETER
REGION CODE ADDRESS : 2598 COTTLE AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,156.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,732.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.38400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,800,300.00
P & I AMT: 12,557.47
UPB AMT: 1,798,181.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 117
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031549132 MORTGAGORS: PEYREBRUNE PAUL
PEYREBRUNE SHAREN
REGION CODE ADDRESS : 64 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 353,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,967.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,379.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031549256 MORTGAGORS: HEREDIA SERGIO
HEREDIA IRMA
REGION CODE ADDRESS : 1662 ESTATES COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 231,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,318.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,680.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031549579 MORTGAGORS: CAIN SCOTT
CAIN PATRICIA
REGION CODE ADDRESS : 7 CONSCIENCE CIRCLE
01 CITY : SETAUKET
STATE/ZIP : NY 11733
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,777.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 92.11300
----------------------------------------------------------------
0 0031550825 MORTGAGORS: ERB EVELYN
REGION CODE ADDRESS : 79 FAIRVIEW FARM ROAD
01 CITY : REDDING
STATE/ZIP : CT 06896
MORTGAGE AMOUNT : 826,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 826,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,704.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------
0 0031550858 MORTGAGORS: THEUER JOHN
THEUER JANE
REGION CODE ADDRESS : 5809 APPALOOSA PLACE
01 CITY : ROCKLIN
STATE/ZIP : CA 95677
MORTGAGE AMOUNT : 231,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,619.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,934,850.00
P & I AMT: 13,363.68
UPB AMT: 1,933,682.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 118
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031555246 MORTGAGORS: DOMBROW RUTH
REGION CODE ADDRESS : 333 WEST 56 STREET # 2B
01 CITY : NEW YORK
STATE/ZIP : NY 10019
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031556954 MORTGAGORS: LEACHMAN DAVID
REGION CODE ADDRESS : 68 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 368,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,505.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,484.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
0 0031557184 MORTGAGORS: SMITH JENNIFER
SCHLEGEL DAVID
REGION CODE ADDRESS : 30 EGLANTINE AVENUE
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.78300
----------------------------------------------------------------
0 0031557952 MORTGAGORS: KRIEG GARY
KRIEG CATHERINE
REGION CODE ADDRESS : 15600 SWEETWATER CIRCLE
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55347
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,121.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.68100
----------------------------------------------------------------
0 0031558844 MORTGAGORS: LIBBY RICHARD
LIBBY SARA
REGION CODE ADDRESS : 9 PRIDES PARK
01 CITY : HAMILTON
STATE/ZIP : MA 01936
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,594.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,547.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,705,400.00
P & I AMT: 11,670.70
UPB AMT: 1,704,699.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 119
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031559016 MORTGAGORS: JOHNSON WILLIAM
JOHNSON SANDRA
REGION CODE ADDRESS : 91 STEWART ROAD
01 CITY : SHORT HILLS
STATE/ZIP : NJ 07078
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,625.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,531.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 45.90900
----------------------------------------------------------------
0 0031559149 MORTGAGORS: KATZ DAVID
COHEN CATHI
REGION CODE ADDRESS : 10488 HUNTING HILLS PLACE
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,642.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,791.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------
0 0031559784 MORTGAGORS: CECCONI JOHN
CECCONI NANCY
REGION CODE ADDRESS : 24 SOTELO AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,492.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.55800
----------------------------------------------------------------
0 0031560196 MORTGAGORS: DUNPHY JAMES
DUNPHY KIMBERLY
REGION CODE ADDRESS : 7 YVONNE LANE
01 CITY : METHUEN
STATE/ZIP : MA 01844
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,095.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031560733 MORTGAGORS: LALLY TIMOTHY
LALLY KIMBERLY
REGION CODE ADDRESS : 9420 SADDLEBROOK COURT
01 CITY : FREDERICK
STATE/ZIP : MD 21701
MORTGAGE AMOUNT : 236,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,069,750.00
P & I AMT: 14,203.30
UPB AMT: 2,067,956.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 120
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031561152 MORTGAGORS: CLARK JOSEPH
CLARK JOANNE
REGION CODE ADDRESS : 5 ELM LANE
01 CITY : RUMSON
STATE/ZIP : NJ 07760
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,200.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,737.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 71.42800
----------------------------------------------------------------
0 0031561228 MORTGAGORS: BEAUBIEN RICHARD
BEAUBIEN VALERIE
REGION CODE ADDRESS : 202 STILL RIVER ROAD
01 CITY : BOLTON
STATE/ZIP : MA 01740
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,467.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031561277 MORTGAGORS: HEWITT FRANK
HEWITT JEANNE
REGION CODE ADDRESS : 3869 HIDDEN TRAIL DRIVE
01 CITY : JAMUL
STATE/ZIP : CA 91935
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,136.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.84600
----------------------------------------------------------------
0 0031562770 MORTGAGORS: PERRY MICHAEL
PERRY RUTH
REGION CODE ADDRESS : 10805 DUROY COURT
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,615.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031564867 MORTGAGORS: PATTERSON SHAWN
PATTERSON ELIZABETH
REGION CODE ADDRESS : 10196 HARMONY CIRCLE
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55347
MORTGAGE AMOUNT : 273,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,371.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.05263
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,137,800.00
P & I AMT: 14,514.82
UPB AMT: 2,134,791.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 121
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031565393 MORTGAGORS: LAWTER LOUISE
LAWTER JAMES
REGION CODE ADDRESS : 475 PRINCE WILLIAM COURT
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 316,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,252.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.31000
----------------------------------------------------------------
0 0031565435 MORTGAGORS: HAAN DAVID
HAAN ANDREA
REGION CODE ADDRESS : 534 TELNER STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19118
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,508.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.27700
----------------------------------------------------------------
0 0031566987 MORTGAGORS: YOUSE RONALD
YOUSE MARY SUSAN
REGION CODE ADDRESS : 59 AVALON ROAD
01 CITY : TRENTON
STATE/ZIP : NJ 08638
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,822.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.82000
----------------------------------------------------------------
0 0031567126 MORTGAGORS: KRAMER STEPHINE
REGION CODE ADDRESS : 4240 CERRITOS AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90807
MORTGAGE AMOUNT : 285,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,335.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031567282 MORTGAGORS: SISTRUNK ROBERT
SISTRUNK MARY
REGION CODE ADDRESS : 27045 ESWARD DR
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 332,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,416.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.97297
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,780,450.00
P & I AMT: 12,159.43
UPB AMT: 1,778,335.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 122
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031567316 MORTGAGORS: RICHARDSON IVAN
GOMEZ DOLORES
REGION CODE ADDRESS : 262 JASMINE WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 386,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,252.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,771.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.98200
----------------------------------------------------------------
0 0031568231 MORTGAGORS: SCHNEIDER DAVID
REGION CODE ADDRESS : 60 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 352,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,324.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,405.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------
0 0031569577 MORTGAGORS: JOHNSON FRANZ
JOHNSON CINDY
REGION CODE ADDRESS : 3270 RIM ROAD
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,449.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031569726 MORTGAGORS: SMITH ROBERT
SMITH DONNA
REGION CODE ADDRESS : 111 WEST CLAY CREEK LANE
01 CITY : KENNETT SQUARE
STATE/ZIP : PA 19348
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,565.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031570211 MORTGAGORS: CHUANG KEVIN
PECORA THONGSAI
REGION CODE ADDRESS : 10754 INSPIRATION CICRLE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 254,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,638,350.00
P & I AMT: 11,380.30
UPB AMT: 1,636,541.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 123
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031571953 MORTGAGORS: REED WILLIAM
REED GLADYS
REGION CODE ADDRESS : 9703 OVERVIEW COURT
01 CITY : FORT WASHINGTON
STATE/ZIP : MD 20744
MORTGAGE AMOUNT : 258,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,512.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98400
----------------------------------------------------------------
0 0031572449 MORTGAGORS: NANDA RAJAN
NANDA HILLARY
REGION CODE ADDRESS : 25 GARDEN STREET
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,728.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,758.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 60.15600
----------------------------------------------------------------
0 0031572928 MORTGAGORS: ORIGLIO LARRY
ODENWALD MARK
REGION CODE ADDRESS : 1927 BILTMORE STREET N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20009
MORTGAGE AMOUNT : 369,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,921.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,585.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0031574684 MORTGAGORS: BOGARD DAVID
BOGARD STEFNI
REGION CODE ADDRESS : 8 SARATOGA STREET
01 CITY : LIDO BEACH
STATE/ZIP : NY 11561
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,713.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.63600
----------------------------------------------------------------
0 0031574718 MORTGAGORS: MOSS JANE
REGION CODE ADDRESS : 417 RIVERSIDE DRIVE
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,984.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 67.56000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,640,450.00
P & I AMT: 11,487.63
UPB AMT: 1,638,875.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 124
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031575129 MORTGAGORS: ORTON DARRELL
ORTON JUNE
REGION CODE ADDRESS : 721 NE EAST DEVILS LAKE ROAD
01 CITY : LINCOLN CITY
STATE/ZIP : OR 97367
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,207.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.17 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 11/01/26
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031575194 MORTGAGORS: HOFFMANN GEORGE
HOFFMANN WILLETTE
REGION CODE ADDRESS : 1 LARI LANE
01 CITY : SHELTER ISLAND
STATE/ZIP : NY 11965
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,216.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 45.28500
----------------------------------------------------------------
0 0031575368 MORTGAGORS: BARBARA DOMINIC
BARBARA ELYSE
REGION CODE ADDRESS : 11 PICARDY LANE
01 CITY : LAUREL HOLLOW
STATE/ZIP : NY 11791
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,728.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031575400 MORTGAGORS: BIEGEL CHARLES
BIEGEL SHARON
REGION CODE ADDRESS : 43432 COLTER COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 233,520.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,333.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,573.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031575814 MORTGAGORS: MEDICA JAMES
MEDICA KIMBERLY
REGION CODE ADDRESS : 2334 N. VAN BUREN COURT
01 CITY : ARLINGTON
STATE/ZIP : VA 22205
MORTGAGE AMOUNT : 284,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,166.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,920.00
P & I AMT: 10,568.06
UPB AMT: 1,519,436.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 125
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031577497 MORTGAGORS: GREEN KENNETH
GREEN DEBRA
REGION CODE ADDRESS : 7223 FAIRWAY AVENUE SE
01 CITY : SNOQUALAMIE
STATE/ZIP : WA 98065
MORTGAGE AMOUNT : 242,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,419.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------
0 0031578958 MORTGAGORS: PERACCHIO JOHN
PERACCHIO SUSAN
REGION CODE ADDRESS : 6 LAUREN COURT
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.82900
----------------------------------------------------------------
0 0031579014 MORTGAGORS: COLEMAN RICHARD
COLEMAN SHAY
REGION CODE ADDRESS : 204 LONGWOOD AVENUE
01 CITY : CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,771.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031580038 MORTGAGORS: KISCH ALEXANDER
KISCH HELENA
REGION CODE ADDRESS : 117 W. 77TH ST #1/2A
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,144.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 61.53800
----------------------------------------------------------------
0 0031580301 MORTGAGORS: CHIOSTRI RICHARD
CHIOSTRI JUDITH
REGION CODE ADDRESS : 6361 SOFT THUNDER TRAIL
01 CITY : COLUMBIA
STATE/ZIP : MD 21045
MORTGAGE AMOUNT : 241,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,066.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,628.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,708,250.00
P & I AMT: 11,760.37
UPB AMT: 1,707,006.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 126
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031580830 MORTGAGORS: MA CHIH-LIANG
REGION CODE ADDRESS : 905 SUNROSE TERRACE #201
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,845.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.58 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 81.00000
----------------------------------------------------------------
0 0031581150 MORTGAGORS: CLARK W
CLARK LORI
REGION CODE ADDRESS : 19810 N E 55TH PLACE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,658.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,216.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031581903 MORTGAGORS: FLANAGAN STEVEN
FLANAGAN COLLEEN
REGION CODE ADDRESS : 3309 MILLER HEIGHTS ROAD
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,760.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031582430 MORTGAGORS: JACOBUS T.
JACOBUS CHARLENE
REGION CODE ADDRESS : 10520 NORTH HADDONSTONE PLACE
01 CITY : MEQUON
STATE/ZIP : WI 53092
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,731.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.82900
----------------------------------------------------------------
0 0031582596 MORTGAGORS: BREEDY GLENDON
REGION CODE ADDRESS : 4 CREST LANE
01 CITY : WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,790.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.92100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,590,000.00
P & I AMT: 10,986.20
UPB AMT: 1,588,786.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 127
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031582695 MORTGAGORS: SOLIS ARMANDO
SOLIS FELISA
REGION CODE ADDRESS : 18821 STEFANI AVENUE
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,605.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.10400
----------------------------------------------------------------
0 0031583115 MORTGAGORS: STAFMAN MICHAEL
FOLLMER VIRGINIA
REGION CODE ADDRESS : 345 CAROL COURT
01 CITY : HIGHLAND PARK
STATE/ZIP : IL 60035
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,480.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,533.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.91000
----------------------------------------------------------------
0 0031583206 MORTGAGORS: BALTER BRADLEY
REGION CODE ADDRESS : 44 DANA STREET UNIT 2
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02138
MORTGAGE AMOUNT : 328,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,673.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,384.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 89.86300
----------------------------------------------------------------
0 0031583529 MORTGAGORS: MESSING DANIEL
MESSING NOEMI
REGION CODE ADDRESS : 336 CENTRAL PARK WEST #8E
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 30.00000
----------------------------------------------------------------
0 0031583784 MORTGAGORS: ELZARKI MAGDA
ELDEFRAWY MOSTAFA
REGION CODE ADDRESS : 212 HERMITAGE DRIVE
01 CITY : RADNOR
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 322,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,284.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,574,600.00
P & I AMT: 11,153.28
UPB AMT: 1,573,459.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 128
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031583933 MORTGAGORS: CAMPBELL MICHAEL
CAMPBELL ANN
REGION CODE ADDRESS : 6891 AVALON AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75214
MORTGAGE AMOUNT : 281,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,886.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,941.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.23800
----------------------------------------------------------------
0 0031584196 MORTGAGORS: ROSE DAVID
REGION CODE ADDRESS : 204 BILLINGS FARM LANE
01 CITY : CANTON
STATE/ZIP : GA 30114
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,616.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031584923 MORTGAGORS: SAMMAK MOHAMMAD
SAMMAK SHAHIN
REGION CODE ADDRESS : 623 LYNDALE COURT
01 CITY : PAOLI
STATE/ZIP : PA 19301
MORTGAGE AMOUNT : 310,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031585045 MORTGAGORS: CARROLL STEVEN
CARROLL KATHY
REGION CODE ADDRESS : 3459 HILL FOREST TRAIL
01 CITY : ACWORTH
STATE/ZIP : GA 30101
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,128.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,246.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.99900
----------------------------------------------------------------
0 0031585250 MORTGAGORS: KAY JAMES
KAY ANNE
REGION CODE ADDRESS : 286 PICNIC STREET
01 CITY : BOXBOROUGH
STATE/ZIP : MA 01719
MORTGAGE AMOUNT : 383,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,600.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,618.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,067,800.00
P & I AMT: 14,179.29
UPB AMT: 2,066,031.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 129
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031585359 MORTGAGORS: PACCIORETTI THOMAS
HOYT VIRGINIA
REGION CODE ADDRESS : 1324 PINE STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,649.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,424.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.30400
----------------------------------------------------------------
0 0031585524 MORTGAGORS: ERICKSON JOSEPH
ERICKSON BARBARA
REGION CODE ADDRESS : 1593 LONG POINT ROAD
01 CITY : PASADENA
STATE/ZIP : MD 21122
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,541.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031585854 MORTGAGORS: REITER TIMOTHY
REITER MELINDA
REGION CODE ADDRESS : 600 BALTIC CIRCLE #624
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 248,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,124.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------
0 0031585987 MORTGAGORS: HENDERSON BARRY
HENDERSON JULIE
REGION CODE ADDRESS : 140 SHADOW LANE
01 CITY : LYMAN
STATE/ZIP : SC 29365
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,794.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031586514 MORTGAGORS: CHOA SUSAN
REGION CODE ADDRESS : 2257 HIGHLAND VISTA DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 754,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 753,426.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,207.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 79.36800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,945,300.00
P & I AMT: 13,574.55
UPB AMT: 1,942,536.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 130
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031586688 MORTGAGORS: ANTEBI SONNY
REGION CODE ADDRESS : 1974 EAST 21ST STREET
01 CITY : BROOKLYN
STATE/ZIP : NY 11229
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,792.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031586696 MORTGAGORS: TASCHE CHRISTIAN
TASCHE VALERIE
REGION CODE ADDRESS : 18214 SUNSET WAY
01 CITY : EDMONDS
STATE/ZIP : WA 98026
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,603.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031586860 MORTGAGORS: CONSTANTINO ALYSON
CONSTANTINO LIGAYA
REGION CODE ADDRESS : 17205 LONGLEAF DRIVE
01 CITY : BOWIE
STATE/ZIP : MD 20716
MORTGAGE AMOUNT : 267,354.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,955.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031587025 MORTGAGORS: KAESS PAUL
KAESS LAURIN
REGION CODE ADDRESS : 52 BLACKBERRY DRIVE
01 CITY : STAMFORD
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,757.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,464.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 72.57300
----------------------------------------------------------------
0 0031587306 MORTGAGORS: MORALES CRUZ
MORALES GLORIA
REGION CODE ADDRESS : 30 TANGLEWOOD COURT
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,747.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.71500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,471,354.00
P & I AMT: 10,258.60
UPB AMT: 1,469,855.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 131
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031587355 MORTGAGORS: STEERS JOHN
STEERS CAROL
REGION CODE ADDRESS : 2321 HIDDEN BROOK ROAD
01 CITY : FINKSBURG
STATE/ZIP : MD 21048
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,422.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031588072 MORTGAGORS: WILSON LAURA
REGION CODE ADDRESS : 2249 N MAGNOLIA AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031588726 MORTGAGORS: BLOOM MARK
BLOOM DEENA
REGION CODE ADDRESS : 4260 NORTH HILLS DRIVE
01 CITY : HOLLYWOOD
STATE/ZIP : FL 33021
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,795.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.90200
----------------------------------------------------------------
0 0031589203 MORTGAGORS: CLEAVES DANIEL
CLEAVES JANET
REGION CODE ADDRESS : 11 FAIRVIEW AVENUE
01 CITY : CITY OF SUMMIT
STATE/ZIP : NJ 07901
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.98900
----------------------------------------------------------------
0 0031589294 MORTGAGORS: TARR ADAM
TARR JULIE
REGION CODE ADDRESS : 276 APPLETREE POINT
01 CITY : BURLINGTON
STATE/ZIP : VT 05401
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,639.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,709,000.00
P & I AMT: 11,933.30
UPB AMT: 1,706,857.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 132
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031589385 MORTGAGORS: BRANTON CHRISTOPHER
BRANTON SUSAN
REGION CODE ADDRESS : 1111 SUSQUEHANNA ROAD
01 CITY : ABINGTON TOWNSHIP
STATE/ZIP : PA 19046
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,249.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,452.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031589401 MORTGAGORS: BORGHI ANTHONY
BORGHI LORETTA
REGION CODE ADDRESS : 7 BRISTOL LANE
01 CITY : EAST WALPOLE
STATE/ZIP : MA 02032
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,793.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 69.76744
----------------------------------------------------------------
0 0031589625 MORTGAGORS: REDMOND MICHAEL
REDMOND CARLA
REGION CODE ADDRESS : 1433 S. PRAIRIE AVENUE #L
01 CITY : CHICAGO
STATE/ZIP : IL 60605
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,315.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.97100
----------------------------------------------------------------
0 0031591274 MORTGAGORS: ANDREAS DAVID
REGION CODE ADDRESS : 180 TURN OF RIVER RD #13A
01 CITY : STAMFORD
STATE/ZIP : CT 06905
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031591365 MORTGAGORS: WHITE JAY
WHITE LINDA
REGION CODE ADDRESS : 102 WINDSONG DRIVE
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 283,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,650.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,440,100.00
P & I AMT: 9,970.56
UPB AMT: 1,439,208.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 133
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031591829 MORTGAGORS: MULLINER JEFFREY
MULLINER SANDRA
REGION CODE ADDRESS : 6245 WINDHAM HILL RUN
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22315
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,302.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,928.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 93.96500
----------------------------------------------------------------
0 0031592124 MORTGAGORS: WINKLER LOTHAR
WINKLER BEATRIZ
REGION CODE ADDRESS : 24 SKYVIEW LANE
01 CITY : STONYBROOK
STATE/ZIP : NY 11790
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,541.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.69200
----------------------------------------------------------------
0 0031592744 MORTGAGORS: HALIBOZEK BRIAN
HALIBOZEK CARLA
REGION CODE ADDRESS : 24 JUHASZ ROAD
01 CITY : NORWALK
STATE/ZIP : CT 06854
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,144.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031592850 MORTGAGORS: MIYOSHI MITZI
SHEARS NIKKI
REGION CODE ADDRESS : 1901 KRAMERIA STREET
01 CITY : DENVER
STATE/ZIP : CO 80220
MORTGAGE AMOUNT : 260,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,751.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0031592876 MORTGAGORS: FLEMING JOHN
FLEMING MARY
REGION CODE ADDRESS : 6426 NORTH WAYNE
01 CITY : CHICAGO
STATE/ZIP : IL 60626
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,811.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.62500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,277,950.00
P & I AMT: 9,183.29
UPB AMT: 1,276,552.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 134
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031592918 MORTGAGORS: WYNN ALAN
WYNN JULENE
REGION CODE ADDRESS : 1209 CASCADE VIEW LANE SE
01 CITY : SALEM
STATE/ZIP : OR 97306
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,733.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,243.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------
0 0031592991 MORTGAGORS: LONG RICHARD
LONG MAUREEN
REGION CODE ADDRESS : 12 WINDING LANE
01 CITY : BERNARDS TWP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031593205 MORTGAGORS: TRUJILLO KENNETH
TRUJILLO MICHELLE
REGION CODE ADDRESS : 12106 FAULKNER DRIVE
01 CITY : OWINGS MILLS
STATE/ZIP : MD 21117
MORTGAGE AMOUNT : 307,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,565.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031593239 MORTGAGORS: FISCHER DAVID
KASSETT JOY
REGION CODE ADDRESS : 6416 31ST PLACE N. W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,733.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,604.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031593361 MORTGAGORS: REYNOLDS M
REYNOLDS KAREN
REGION CODE ADDRESS : 7760 ROYAL SYDNEY DRIVE
01 CITY : GAINESVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,543,200.00
P & I AMT: 10,602.53
UPB AMT: 1,542,433.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 135
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031593395 MORTGAGORS: DETOURNILLON PHILIP
DETOURNILLON DENISE
REGION CODE ADDRESS : 9400 W BAY HARBOR DRIVE
01 CITY : BAY HARBOR ISLANDS
STATE/ZIP : FL 33154
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,668.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,899.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 81.73000
----------------------------------------------------------------
0 0031593403 MORTGAGORS: MARTIN RANDI
REGION CODE ADDRESS : 5422 PINE STREET
01 CITY : BELLAIRE
STATE/ZIP : TX 77401
MORTGAGE AMOUNT : 532,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 532,114.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,769.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.29700
----------------------------------------------------------------
0 0031593973 MORTGAGORS: HELLAWELL PETER
HELLAWELL KAREN
REGION CODE ADDRESS : 39 SHERBROOK DRIVE
01 CITY : ROCKAWAY
STATE/ZIP : NJ 07866
MORTGAGE AMOUNT : 259,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,702.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031594237 MORTGAGORS: DENIKE DANIEL
DENIKE APRIL
REGION CODE ADDRESS : 3350 58TH AVENUE
01 CITY : SEATTLE
STATE/ZIP : WA 98116
MORTGAGE AMOUNT : 377,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,509.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,572.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031594609 MORTGAGORS: CLOUSTON ROBERT
CLOUSTON GERALDINE
REGION CODE ADDRESS : 3343 NORTH 140TH STREET
01 CITY : OMAHA
STATE/ZIP : NE 68164
MORTGAGE AMOUNT : 840,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 839,344.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,730.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,434,500.00
P & I AMT: 16,766.10
UPB AMT: 2,432,339.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 136
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031595267 MORTGAGORS: HERBERT JILL
REGION CODE ADDRESS : 305 WEST 98TH ST. #7BN
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 431,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,941.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031595283 MORTGAGORS: BAGNOLI JOSEPH
GREENBAUM-BAGNOLI LISA
REGION CODE ADDRESS : 14109 - 177TH AVENUE NORTHEAST
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 263,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,044.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031595382 MORTGAGORS: WESTON MARK
WESTON DENISE
REGION CODE ADDRESS : 195 WALDEN WAY
01 CITY : SOUTH KINGSTOWN
STATE/ZIP : RI 02879
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.85200
----------------------------------------------------------------
0 0031595721 MORTGAGORS: SPARKS MICHAEL
SPARKS BRENDA
REGION CODE ADDRESS : 455 UPSHIRE CIRCLE
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,407.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031596075 MORTGAGORS: WALDMAN MICHAEL
WALDMAN MILLA
REGION CODE ADDRESS : 216 SUMMIT AVENUE UNIT C-2
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,797.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,553,100.00
P & I AMT: 10,715.79
UPB AMT: 1,552,251.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 137
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031596141 MORTGAGORS: O'BRIEN JAMES
O'BRIEN DONNA
REGION CODE ADDRESS : 31 MONUMENT AVENUE
01 CITY : CHARLESTOWN
STATE/ZIP : MA 02129
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.77300
----------------------------------------------------------------
0 0031596216 MORTGAGORS: MCARTHUR WARREN
MCARTHUR TINA
REGION CODE ADDRESS : 347 NORTH ACACIA AVENUE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,560.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031596224 MORTGAGORS: DECROCE ROSEMARY
MOVSON JONATHAN
REGION CODE ADDRESS : 381 WAYLAND AVENUE
01 CITY : PROVIDENCE
STATE/ZIP : RI 02906
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 84.19500
----------------------------------------------------------------
0 0031596240 MORTGAGORS: KRENTZMAN ROBERT
KRENTZMAN LILY
REGION CODE ADDRESS : 11 TRIPHAMMER ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.77500
----------------------------------------------------------------
0 0031596539 MORTGAGORS: LEVAN DANIEL
LEVAN LESLIE
REGION CODE ADDRESS : 23 BATCHELDER ROAD
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 369,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,325.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,584.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,572,600.00
P & I AMT: 11,455.96
UPB AMT: 1,571,886.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 138
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031596612 MORTGAGORS: MANSFIELD JOSEPH
MANSFIELD EVELYN
REGION CODE ADDRESS : 17 MILLBURN AVENUE
01 CITY : BELLE MEAD
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,802.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.92700
----------------------------------------------------------------
0 0031597107 MORTGAGORS: SERVAIS PATRICIA
WHELAN THOMAS
REGION CODE ADDRESS : 23 SHADE STREET
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.78900
----------------------------------------------------------------
0 0031597461 MORTGAGORS: LARKING STUART
LARKING LISA
REGION CODE ADDRESS : 1732 REED STREET
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,994.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031597560 MORTGAGORS: SMITH GORDON
SMITH JANET
REGION CODE ADDRESS : 21032 COCOBANA LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,807.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.66600
----------------------------------------------------------------
0 0031597602 MORTGAGORS: DOBRZYKOWSKI KENNETH
DOBRZYKOWSKI LAURA
REGION CODE ADDRESS : 4116 ALFAFA TERRACE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,817.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,536.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,286,200.00
P & I AMT: 8,850.76
UPB AMT: 1,285,421.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 139
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031597768 MORTGAGORS: DONOVAN DENNIS
DONOVAN KARLA
REGION CODE ADDRESS : 5571 QUEEN VICTORIA COURT
01 CITY : BURKE
STATE/ZIP : VA 22015
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,813.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,516.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031597784 MORTGAGORS: KAUFMAN JOHN
KAUFMAN DEBORAH
REGION CODE ADDRESS : 315 PRINCEHOUSE LANE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,102.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,712.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.54100
----------------------------------------------------------------
0 0031597859 MORTGAGORS: PAINTER MICHAEL
PAINTER ELAINE
REGION CODE ADDRESS : 815 TREMONT DRIVE
01 CITY : DOWNINGTOWN
STATE/ZIP : PA 19335
MORTGAGE AMOUNT : 256,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,114.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.98900
----------------------------------------------------------------
0 0031598097 MORTGAGORS: WAIN JOHN
WAIN COLLETTE
REGION CODE ADDRESS : 1 BLACK ROCKS ROAD
01 CITY : GEORGETOWN
STATE/ZIP : ME 04548
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,286.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.30700
----------------------------------------------------------------
0 0031598139 MORTGAGORS: DUNN DANIEL
DUNN KATHLEEN
REGION CODE ADDRESS : 13922 CLARENDON POINTE COURT
01 CITY : HUNTERSVILLE
STATE/ZIP : NC 28078
MORTGAGE AMOUNT : 405,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,975.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,730.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.95100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,009,600.00
P & I AMT: 14,060.81
UPB AMT: 2,008,005.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 140
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031598253 MORTGAGORS: GREASER GREGORY
GREASER ALICE
REGION CODE ADDRESS : 7711 WOODHALL AVENUE
01 CITY : WEST HILLS
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,553.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031598360 MORTGAGORS: BRABAZON JOHN
BARROWS CHRISTINA
REGION CODE ADDRESS : 19 RICKER CIRCLE
01 CITY : SOUTH HAMILTON
STATE/ZIP : MA 01982
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,836.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031598626 MORTGAGORS: VAN GELDER RAYMOND
VAN GELDER LISA
REGION CODE ADDRESS : 261 SAN TROPEZ DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 231,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,297.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------
0 0031598675 MORTGAGORS: TORTOLANO ANTHONY
TORTOLANO LORI
REGION CODE ADDRESS : 135 NEW RD
01 CITY : EXETER
STATE/ZIP : RI 02822
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,766.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031599210 MORTGAGORS: SWANSON SIDNEY
SWANSON PATRICIA
REGION CODE ADDRESS : 429 CARONA PLACE
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,747.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,406,250.00
P & I AMT: 9,667.89
UPB AMT: 1,405,365.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 141
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031599236 MORTGAGORS: HOFMEISTER DAVID
HOFMEISTER PATRICIA
REGION CODE ADDRESS : 4287 ARCADIA DRIVE
01 CITY : AUBURN HILLS
STATE/ZIP : MI 48326
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031599277 MORTGAGORS: MILESKI STEVEN
KELLY ELIZABETH
REGION CODE ADDRESS : 12940 CADGWITH COVE
01 CITY : HUNTERSVILLE
STATE/ZIP : NC 28078
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,802.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031599475 MORTGAGORS: ELLIS SCOTT
ELLIS RANDY
REGION CODE ADDRESS : 21 FRESH MEADOW ROAD
01 CITY : WESTON
STATE/ZIP : CT 06883
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.14400
----------------------------------------------------------------
0 0031599806 MORTGAGORS: MC CORMICK SLOAN
REGION CODE ADDRESS : LOT 1/APN 027-112-19/ 9TH AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,214.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.30 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 12/01/26
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 74.30300
----------------------------------------------------------------
0 0031599822 MORTGAGORS: ROMAGNA MARK
ROMAGNA JULIE
REGION CODE ADDRESS : 28 PILGRAM DRIVE
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,767.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.74400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,455,000.00
P & I AMT: 10,249.94
UPB AMT: 1,452,307.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 142
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031599954 MORTGAGORS: PLATTMAN STEPHEN
PLATTMAN ROBIN
REGION CODE ADDRESS : 58 RIDGE DRIVE
01 CITY : BERKELEY HEIGHTS TWP.
STATE/ZIP : NJ 07922
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031600133 MORTGAGORS: SPEERS MARK
SPEERS PAULA
REGION CODE ADDRESS : 187 GROVE ST
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 41.93500
----------------------------------------------------------------
0 0031600166 MORTGAGORS: GARRISON PATRICK
REGION CODE ADDRESS : 4624 CASCO AVENUE
01 CITY : EDINA
STATE/ZIP : MN 55424
MORTGAGE AMOUNT : 300,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,915.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,047.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.27900
----------------------------------------------------------------
0 0031600273 MORTGAGORS: MACHES BRUCE
MACHES SUSAN
REGION CODE ADDRESS : 11475 WILLAPA COVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 377,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,612.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,610.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.98700
----------------------------------------------------------------
0 0031600323 MORTGAGORS: D'ESPOSITO GREG
RUNNELS KERITH
REGION CODE ADDRESS : 2627 169TH AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98008
MORTGAGE AMOUNT : 278,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,188.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,902,450.00
P & I AMT: 12,949.32
UPB AMT: 1,901,716.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 143
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031600406 MORTGAGORS: BOBEK FRANK
BOBEK CATHERINE
REGION CODE ADDRESS : 522 WISNER
01 CITY : PARK RIDGE
STATE/ZIP : IL 60068
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,148.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,366.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031600414 MORTGAGORS: PIRE TIMOTHY
PIRE JANE
REGION CODE ADDRESS : 700 SHEFFIELD
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,709.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,740.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.73900
----------------------------------------------------------------
0 0031600570 MORTGAGORS: STREISAND JAMES
STREISAND ANNE
REGION CODE ADDRESS : 31 MAYNARD FARM CIRCLE
01 CITY : SUDBURY
STATE/ZIP : CA 01776
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,663.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.00000
----------------------------------------------------------------
0 0031602436 MORTGAGORS: BAQUET BENNETT
BAQUET RAMONA
REGION CODE ADDRESS : 110 EAST PECK BOULEVARD
01 CITY : LAFAYETTE
STATE/ZIP : LA 70508
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,702.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 91.74300
----------------------------------------------------------------
0 0031603012 MORTGAGORS: FEINBERG GEOFFREY
LISTER JULIE
REGION CODE ADDRESS : 46 GORHAM AVENUE
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,475.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,461.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,782,400.00
P & I AMT: 12,242.57
UPB AMT: 1,780,699.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 144
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031603020 MORTGAGORS: ELLNER DAVID
ELLNER KIMBERLY
REGION CODE ADDRESS : 513 FAIRMONT AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,523.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031603368 MORTGAGORS: PLATT LUCAS
THOMAS VALERIE
REGION CODE ADDRESS : 31 1/2 SOUTH ELLIOT PLACE
01 CITY : BROOKLYN
STATE/ZIP : NY 11217
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,777.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.33300
----------------------------------------------------------------
0 0031603806 MORTGAGORS: BONK TODD
BONK SUSAN
REGION CODE ADDRESS : 4112 ROSE PARADE DRIVE
01 CITY : MODESTO
STATE/ZIP : CA 95357
MORTGAGE AMOUNT : 238,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,081.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.98200
----------------------------------------------------------------
0 0031604010 MORTGAGORS: MARKLE LINDA
REGION CODE ADDRESS : 18621 PARKRIDGE LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 254,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,601.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.96900
----------------------------------------------------------------
0 0031604291 MORTGAGORS: RAYMOND CRAIG
BOISVERT KATHLEEN
REGION CODE ADDRESS : 134 AYER ROAD
01 CITY : HARVARD
STATE/ZIP : MA 01451
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,780.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 84.99500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,409,050.00
P & I AMT: 9,854.77
UPB AMT: 1,407,764.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 145
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031604465 MORTGAGORS: BOVERMAN DANIEL
BOVERMAN JENNIFER
REGION CODE ADDRESS : 11285 SW WALKER RD
01 CITY : PORTLAND
STATE/ZIP : OR 97225
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,782.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.94900
----------------------------------------------------------------
0 0031604507 MORTGAGORS: WARNER ROBERT
WARNER JACKIE
REGION CODE ADDRESS : 1620 EDNA COURT
01 CITY : TRACY
STATE/ZIP : CA 95376
MORTGAGE AMOUNT : 291,890.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,644.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,917.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 85.85000
----------------------------------------------------------------
0 0031604523 MORTGAGORS: BARRETT BETTIE
REGION CODE ADDRESS : 4029 SUNRIDGE ROAD
01 CITY : PEBBLE BEACH
STATE/ZIP : CA 93953
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 458,862.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,060.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.87300
----------------------------------------------------------------
0 0031604549 MORTGAGORS: BASS RICHARD
WHITEHILL DEBORAH
REGION CODE ADDRESS : 121 CHINABERRY LANE
01 CITY : UPPER PROVIDENCE TOWNSHIP
STATE/ZIP : PA 19426
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.87200
----------------------------------------------------------------
0 0031604630 MORTGAGORS: SISAM DAVID
SISAM JULIE
REGION CODE ADDRESS : 460 AUDUBON ST
01 CITY : NEW ORLEANS
STATE/ZIP : LA 70118
MORTGAGE AMOUNT : 649,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,006.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.70600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,951,840.00
P & I AMT: 13,364.85
UPB AMT: 1,949,296.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 146
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031604788 MORTGAGORS: TANG WEI-WU
CHANG HSIAO-LUN
REGION CODE ADDRESS : 13727 VALLEY OAK CIRCLE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 272,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,592.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,884.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.95300
----------------------------------------------------------------
0 0031604911 MORTGAGORS: COFFMAN THOMAS
COFFMAN JUDY
REGION CODE ADDRESS : 3632 TRAIL 23 STREET
01 CITY : DURHAM
STATE/ZIP : NC 27707
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031605025 MORTGAGORS: COOPER GREGORY
LOTTS-COOPER HEATHER
REGION CODE ADDRESS : 16425 38TH AVENUE NORTH
01 CITY : PLYMOUTH
STATE/ZIP : MN 55446
MORTGAGE AMOUNT : 270,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031605041 MORTGAGORS: SONMORE TIM
SONMORE JENNIE
REGION CODE ADDRESS : 417 DRIFTWOOD COURT
01 CITY : COPLEY
STATE/ZIP : OH 44321
MORTGAGE AMOUNT : 242,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,356.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------
0 0031605082 MORTGAGORS: BAKI MOHAMMAD
BAKI KATHERINE
REGION CODE ADDRESS : 15 BENNINGTON DRIVE
01 CITY : LAWRENCE
STATE/ZIP : NJ 08648
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,285.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,345,400.00
P & I AMT: 9,252.22
UPB AMT: 1,344,784.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 147
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031605140 MORTGAGORS: STEINBERG IRA
STEINBERG STEFANI
REGION CODE ADDRESS : 17 THE TULIPS
01 CITY : ROSLYN ESTATES
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,720.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031605322 MORTGAGORS: STEWART MARIE
REGION CODE ADDRESS : 140 CHARLES STREET APT 3A
01 CITY : NEW YORK
STATE/ZIP : NY 10014
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,797.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031605421 MORTGAGORS: ABRAHAM HENRY
BELDING CAROL
REGION CODE ADDRESS : 19 DIANA LN
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031605488 MORTGAGORS: KRAUS MICHAEL
KRAUS DIANE
REGION CODE ADDRESS : 86 EASTOVER ROAD
01 CITY : STAMFORD
STATE/ZIP : CT 06905
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,785.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.46600
----------------------------------------------------------------
0 0031605934 MORTGAGORS: TUORINIEMI ROBERT
REGION CODE ADDRESS : 10402 DALEBROOKE LANE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 249,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,559.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,592,750.00
P & I AMT: 10,841.67
UPB AMT: 1,592,065.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 148
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031605959 MORTGAGORS: LEBRON JOSE
ELLIOTT RAMONA
REGION CODE ADDRESS : 5409 LAMBETH ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20814
MORTGAGE AMOUNT : 315,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,407.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031606106 MORTGAGORS: WALKER JAMES
WALKER CHARLENE
REGION CODE ADDRESS : 4047 S. CLOVERDALE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90008
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,132.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.00000
----------------------------------------------------------------
0 0031606213 MORTGAGORS: VALUM ARNE
VALUM ANNE
REGION CODE ADDRESS : 10 VIA BABERA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 252,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,933.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031606528 MORTGAGORS: POLYMEROS JOHN
POLYMEROS CHERYL
REGION CODE ADDRESS : 20 RIVER BEND DRIVE
01 CITY : NATICK
STATE/ZIP : MA 01760
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031606536 MORTGAGORS: BUSTER DENNIS
BUSTER CHERYL
REGION CODE ADDRESS : 27556 PASEO TALAVERA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,839.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,359,600.00
P & I AMT: 9,562.56
UPB AMT: 1,358,580.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 149
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031606635 MORTGAGORS: RISEN KENNETH
RISEN LORETTA
REGION CODE ADDRESS : 2204 RISA DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 312,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,056.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,130.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.22800
----------------------------------------------------------------
0 0031606668 MORTGAGORS: RAVICHANDRAN ARUNACHALAM
RAVICHANDRAN AMEETA
REGION CODE ADDRESS : 5314 MAPLE VALLEY COURT
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 252,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,642.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
0 0031606684 MORTGAGORS: VERAFLOR SAMUEL
VERAFLOR CHRISTINA
REGION CODE ADDRESS : 1360 SANTA LUCIA AVENUE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,675.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.60300
----------------------------------------------------------------
0 0031606742 MORTGAGORS: AYADI BILL
HINCKLEY JOYCE
REGION CODE ADDRESS : 613 TOPSAIL ARCH
01 CITY : COROLLA
STATE/ZIP : NC 27927
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.56500
----------------------------------------------------------------
0 0031606890 MORTGAGORS: GORHAM STEPHEN
GORHAM ANNA
REGION CODE ADDRESS : 4501 TRAILS END
01 CITY : FT. COLLINS
STATE/ZIP : CO 80526
MORTGAGE AMOUNT : 287,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,630.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.62900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,388,000.00
P & I AMT: 9,576.71
UPB AMT: 1,386,777.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 150
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031607120 MORTGAGORS: DECKER KENNETH
DENISON WENDY
REGION CODE ADDRESS : 11643 EAST IDA AVENUE
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,769.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.75600
----------------------------------------------------------------
0 0031607344 MORTGAGORS: MURPHY ISABEL
REGION CODE ADDRESS : 10 MARTIN ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02481
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.37000
----------------------------------------------------------------
0 0031607484 MORTGAGORS: DOEHLERT CHRISTOPHER
FLOR CHRISTY
REGION CODE ADDRESS : 25 THOMAS NEWTON DRIVE
01 CITY : WESTBOROUGH
STATE/ZIP : MA 01581
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.48052
----------------------------------------------------------------
0 0031607633 MORTGAGORS: DEBIASE ROBERT
QUINTERO SANDRA
REGION CODE ADDRESS : 6 BOXWOOD ROAD
01 CITY : FARMINGTON
STATE/ZIP : CT 06032
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,719.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031607674 MORTGAGORS: MARINO ANTHONY
MARINO VICTORIA
REGION CODE ADDRESS : 1000 SOUTH WISTERIA DRIVE
01 CITY : MALVERN
STATE/ZIP : PA 19355
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.69200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,508,000.00
P & I AMT: 10,300.78
UPB AMT: 1,507,236.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 151
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031607872 MORTGAGORS: WU RANDY
WU SHERRY
REGION CODE ADDRESS : 20829 BROKEN BIT DRIVE
01 CITY : LOS ANGELES COUNTY
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,367.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.43000
----------------------------------------------------------------
0 0031607922 MORTGAGORS: HARRIS DENNY
HARRIS JANE
REGION CODE ADDRESS : 18609 FOUNDRY RD
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031607930 MORTGAGORS: METCALF RAYMOND
METCALF LOUISE
REGION CODE ADDRESS : 3092 BIANCA CIRCLE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,765.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031608045 MORTGAGORS: RUSSELL BRIAN
REGION CODE ADDRESS : 6 MARATHON DRIVE
01 CITY : WOOLWICH
STATE/ZIP : NJ 08085
MORTGAGE AMOUNT : 354,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,102.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031608383 MORTGAGORS: SCHWARZE DAVID
YATES ROBERTA
REGION CODE ADDRESS : 7748 SILVERADO TRAIL
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,358.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.47100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,664,400.00
P & I AMT: 11,206.12
UPB AMT: 1,662,322.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 152
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031608524 MORTGAGORS: DELGLEIZE FRED
DELGLEIZE SUSAN
REGION CODE ADDRESS : 6112 PALISADE DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,672.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031608722 MORTGAGORS: GRAYSON BARCLAY
GRAYSON NICOLE
REGION CODE ADDRESS : 5120 SW HEWETT BOULEVARD
01 CITY : PORTLAND
STATE/ZIP : OR 97221
MORTGAGE AMOUNT : 740,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 739,053.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,559.38 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 015
LTV : 56.92307
----------------------------------------------------------------
0 0031608789 MORTGAGORS: ETZEL STEVEN
ETZEL MICHELLE
REGION CODE ADDRESS : 53 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 297,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,850.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031608961 MORTGAGORS: FILIPPELLI GREGG
FILIPPELLI CHRISTEL
REGION CODE ADDRESS : 12621 ARENA COURT
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 278,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,737.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.98900
----------------------------------------------------------------
0 0031609696 MORTGAGORS: ARGUILEZ LAWRENCE
ARGUILEZ ROSA
REGION CODE ADDRESS : 998 ROSAL COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 239,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,353.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,593.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,806,850.00
P & I AMT: 12,766.82
UPB AMT: 1,804,667.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 153
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031609787 MORTGAGORS: SANDOVAL MOSES
SANDOVAL WILLIE
REGION CODE ADDRESS : 841 WEST 126TH COURT
01 CITY : WESTMINSTER
STATE/ZIP : CO 80234
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,437.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 92.45200
----------------------------------------------------------------
0 0031609910 MORTGAGORS: FUCARILE JOSEPH
FUCARILE FAITH
REGION CODE ADDRESS : 9 TANGLEWOOD DRIVE
01 CITY : CHELMSFORD
STATE/ZIP : MA 01824
MORTGAGE AMOUNT : 244,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.99200
----------------------------------------------------------------
0 0031610009 MORTGAGORS: MCCLUSKEY EUGENE
MCCLUSKEY MARYELLEN
REGION CODE ADDRESS : 2413 SEMINOLE COURT
01 CITY : RIVERWOODS
STATE/ZIP : IL 60015
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,516.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.83100
----------------------------------------------------------------
0 0031610041 MORTGAGORS: LOMBARDI DOUGLAS
TRUJILLO DANA
REGION CODE ADDRESS : 14136 - 174TH PLACE NORTHEAST
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,411.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031610348 MORTGAGORS: BROWN CHESTER
BROWN CAROL
REGION CODE ADDRESS : 101 OAKMONT DRIVE
01 CITY : MOORESTOWN
STATE/ZIP : NJ 08057
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,480.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,392,700.00
P & I AMT: 9,680.43
UPB AMT: 1,390,945.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 154
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031610363 MORTGAGORS: BEAL JEFF
BEAL JOAN
REGION CODE ADDRESS : 5713 COLODNY DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,741.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.74100
----------------------------------------------------------------
0 0031610793 MORTGAGORS: GAVINO REY
GAVINO JOY
REGION CODE ADDRESS : 14 LAS BALAS
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 282,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,855.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------
0 0031610876 MORTGAGORS: OLSON ERICK
OLSON CLAUDIA
REGION CODE ADDRESS : 2118 143RD PLACE SOUTHEAST
01 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 496,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,438.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,383.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031610942 MORTGAGORS: IANNINI ROBERT
REGION CODE ADDRESS : 19 BROOK ROAD
01 CITY : MOUNT VERNON
STATE/ZIP : NH 03057
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.03700
----------------------------------------------------------------
0 0031610959 MORTGAGORS: MCNEIL MARK
MCNEIL ROBIN
REGION CODE ADDRESS : 12643 WEST RANCHO ESTATES PLACE
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 236,358.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,173.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,612.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,574,408.00
P & I AMT: 10,808.06
UPB AMT: 1,572,209.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 155
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031611031 MORTGAGORS: LEVINE-ZYCH JESSICA
ZYCH KEVIN
REGION CODE ADDRESS : 37 SALEM ROAD
01 CITY : WESTON
STATE/ZIP : CT 06883
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,977.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031611064 MORTGAGORS: WATERSTON DAVID
WATERSTON ELIN
REGION CODE ADDRESS : 16 LAKESHORE DRIVE
01 CITY : SOUTH SALEM
STATE/ZIP : NY 10590
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,824.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031611080 MORTGAGORS: CROGHAN GREGORY
CROGHAN BARBARA
REGION CODE ADDRESS : 8529 FOREST STREET
01 CITY : ANNANDALE
STATE/ZIP : VA 22003
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031611189 MORTGAGORS: BORIS JEFFREY
BORIS SATOKO
REGION CODE ADDRESS : 3 APOLLO ROAD
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,200.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.41100
----------------------------------------------------------------
0 0031611247 MORTGAGORS: MC MULLAN LAURA
MC MULLAN JAMES
REGION CODE ADDRESS : 8 NORTH OAK COURT
01 CITY : MADISON
STATE/ZIP : NJ 07940
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,402,200.00
P & I AMT: 9,587.95
UPB AMT: 1,401,003.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 156
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031611411 MORTGAGORS: BATSHAW MARK
BATSHAW KAREN
REGION CODE ADDRESS : 3315 HIGHLAND PLACE N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20008
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,531.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,093.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.29100
----------------------------------------------------------------
0 0031611437 MORTGAGORS: GILBERT GEORGE
MIKULKA ALBERTA
REGION CODE ADDRESS : 2330 BLAINE DRIVE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.71200
----------------------------------------------------------------
0 0031611502 MORTGAGORS: STRAND PAUL
STRAND KAY
REGION CODE ADDRESS : 8202 TYNDALE COVE
01 CITY : AUSTIN
STATE/ZIP : TX 78733
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.15000
----------------------------------------------------------------
0 0031611783 MORTGAGORS: STARR CHARLES
REGION CODE ADDRESS : 1860 FUMIA PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 331,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,010.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.24641
----------------------------------------------------------------
0 0031611916 MORTGAGORS: WEINSTEIN BRUCE
REGION CODE ADDRESS : 16 AUGUSTA RD
01 CITY : MILTON
STATE/ZIP : MA 02186
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,805.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.15400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,723,250.00
P & I AMT: 11,859.12
UPB AMT: 1,721,927.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 157
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031612336 MORTGAGORS: BROWN MITCH
BROWN JANICE
REGION CODE ADDRESS : 9702 SOUTH HILBY ROAD
01 CITY : SPOKANE
STATE/ZIP : WA 99223
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,748.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,203.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.39805
----------------------------------------------------------------
0 0031612427 MORTGAGORS: BORANIAN MARK
BORANIAN SUSAN
REGION CODE ADDRESS : 23261 BURBANK BOULEVARD
01 CITY : LOS ANGELES
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 256,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,005.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 43.42300
----------------------------------------------------------------
0 0031612450 MORTGAGORS: O'DONOGHUE FINBAR
REGION CODE ADDRESS : 62 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 308,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,609.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031612617 MORTGAGORS: BOND DOUGLAS
BOND ROSE
REGION CODE ADDRESS : 238 PICKETTS WAY
01 CITY : ACWORTH
STATE/ZIP : GA 30101
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,597.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.90300
----------------------------------------------------------------
0 0031612625 MORTGAGORS: HARACZ WILLIAM
HARACZ CHRISTINA
REGION CODE ADDRESS : 14 HOLLY LANE
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.93100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,455,050.00
P & I AMT: 9,895.49
UPB AMT: 1,453,959.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 158
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031612831 MORTGAGORS: RAMKISSOON WINSTON
RAMKISSOON SUMINTRA
REGION CODE ADDRESS : 1 REDMOND COURT
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031613144 MORTGAGORS: BERGER GARRET
BERGER BONNY
REGION CODE ADDRESS : 19 LOUISE DRIVE
01 CITY : EAST BRUNSWICK
STATE/ZIP : NJ 08850
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,657.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------
0 0031613250 MORTGAGORS: NEARING VIVIENNE
MENDOZA SARA
REGION CODE ADDRESS : 6 DUKE DRIVE
01 CITY : EAST HAMPTON
STATE/ZIP : NY 11937
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,817.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.84 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031613383 MORTGAGORS: SOLTA JOZSEF
PAPAI AGNES
REGION CODE ADDRESS : 902 VALLEY ROAD
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------
0 0031613540 MORTGAGORS: JAYARAM RAMESH
JAYARAM PRABHA
REGION CODE ADDRESS : 1 POPLAR DRIVE
01 CITY : PLAINSBORO
STATE/ZIP : NJ 08536
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,514.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 89.82000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,542,000.00
P & I AMT: 10,904.76
UPB AMT: 1,540,331.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 159
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031613557 MORTGAGORS: GEISKER DAVID
GEISKER SUSAN
REGION CODE ADDRESS : 19 SUNCLIFF STREET
01 CITY : TARRYTOWN
STATE/ZIP : NY 10591
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.00000
----------------------------------------------------------------
0 0031613565 MORTGAGORS: KHADEM VANDA
SAKHITAB FARHANG
REGION CODE ADDRESS : 33 WOLCOTT ROAD EXTENSION
01 CITY : BROOKLINE
STATE/ZIP : MA 02167
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,969.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.50400
----------------------------------------------------------------
0 0031613599 MORTGAGORS: LARKIN TERI
REGION CODE ADDRESS : 983 BLOSSOM DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,170.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,008.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031613656 MORTGAGORS: BRICKWEDEL KEN
BRICKWEDEL MONICA
REGION CODE ADDRESS : 1832 ALTAIR AVENUE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 395,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,877.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,698.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.62264
----------------------------------------------------------------
0 0031613805 MORTGAGORS: SCHOENFIELD DAVID
REGION CODE ADDRESS : 2220 RINGSMITH DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30345
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,561.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,794,900.00
P & I AMT: 12,280.94
UPB AMT: 1,793,609.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 160
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031614241 MORTGAGORS: FEGAN KEVIN
FEGAN HAZEL
REGION CODE ADDRESS : 16749 VILLAGE LANE
01 CITY : DALLAS
STATE/ZIP : TX 75248
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,593.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031614258 MORTGAGORS: HELMUTH PHILLIP
REGION CODE ADDRESS : 19535 KNOLLCREST DRIVE
01 CITY : (COVINA AREA) LOS ANGELES
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,810.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.94500
----------------------------------------------------------------
0 0031614290 MORTGAGORS: ROMERO MICHAEL
ROMERO PATRICIA
REGION CODE ADDRESS : 12 EAST LONE HOLLOW
01 CITY : SANDY
STATE/ZIP : UT 84092
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.62600
----------------------------------------------------------------
0 0031614324 MORTGAGORS: OLIVER MARVIN
OLIVER NOVE
REGION CODE ADDRESS : 3345 VAN TASSEL WAY
01 CITY : DUARTE
STATE/ZIP : CA 91010
MORTGAGE AMOUNT : 237,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,419.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,641.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031614381 MORTGAGORS: REILLY ROBERT
REILLY DEBBIE
REGION CODE ADDRESS : 152 WOODCLIFF BLVD
01 CITY : MORGANVILLE
STATE/ZIP : NJ 07751
MORTGAGE AMOUNT : 236,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,283.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 93.42500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,325,050.00
P & I AMT: 9,183.96
UPB AMT: 1,324,105.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 161
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031614431 MORTGAGORS: BENSON MARK
REINGOLD SHEILA
REGION CODE ADDRESS : 17 KENILWORTH ST
01 CITY : NEWTOWN
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 484,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 483,622.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,301.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031614621 MORTGAGORS: ALLRED SHARLEEN
REGION CODE ADDRESS : 5171 FELICIA
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 245,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,510.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031614720 MORTGAGORS: BASON LEE
BASON JANE
REGION CODE ADDRESS : 3227 INNSBRUCK CIRCLE
01 CITY : COLLEGE STATION
STATE/ZIP : TX 77845
MORTGAGE AMOUNT : 270,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,394.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.32 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031614738 MORTGAGORS: SHINOHARA YUJI
REGION CODE ADDRESS : 1452 POINT LOMA WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,788.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.88800
----------------------------------------------------------------
0 0031614746 MORTGAGORS: PACAK PATRICK
LORELEI-PACAK MELISSA
REGION CODE ADDRESS : 5012 LABURCH LANE
01 CITY : ANNANDALE
STATE/ZIP : VA 22003
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,803.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.93600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,517,450.00
P & I AMT: 10,513.48
UPB AMT: 1,514,118.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 162
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031614753 MORTGAGORS: HILSCHER ERIC
HILSCHER ELIZABETH
REGION CODE ADDRESS : 201 ROCK MILLS ROAD
01 CITY : WOODVILLE
STATE/ZIP : VA 22749
MORTGAGE AMOUNT : 265,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,824.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031614779 MORTGAGORS: HAYS ROBERT
HAYS STEPHANIE
REGION CODE ADDRESS : 6333 S. SICILY WAY
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 322,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,204.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,227.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 88.94300
----------------------------------------------------------------
0 0031614787 MORTGAGORS: RUDDY DAVID
ZOLLER JEANNE
REGION CODE ADDRESS : 1737 LA PORTE DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 287,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,486.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031614845 MORTGAGORS: SWAIM JEFFREY
SWAIM KRISTIE
REGION CODE ADDRESS : 1627 RANCHO HILLS DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,408.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031614902 MORTGAGORS: CHEN VINCENT
HUANG WENDY
REGION CODE ADDRESS : 32741 SOUTH BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 276,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,275.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,397,200.00
P & I AMT: 9,675.23
UPB AMT: 1,394,199.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 163
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031615032 MORTGAGORS: MCLAIN ANDREW
MCLAIN LISA
REGION CODE ADDRESS : 4000 BEVERLY ROAD
01 CITY : ROCKVILLE
STATE/ZIP : MD 20853
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.58800
----------------------------------------------------------------
0 0031615081 MORTGAGORS: MALONEY JAMES
MALONEY KELLY
REGION CODE ADDRESS : 311 WEST THORNAPPLE LANE
01 CITY : MEQUON
STATE/ZIP : WI 53092
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,993.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031615115 MORTGAGORS: DIBUONO JOSEPH
MOSHER MICHELE
REGION CODE ADDRESS : 48 HERITAGE ROAD
01 CITY : EAST LYME
STATE/ZIP : CT 06333
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031615123 MORTGAGORS: KAPPES CHRISTOPHER
KAPPES PAULA
REGION CODE ADDRESS : 1320 CREST RD
01 CITY : GREEN OAKS,
STATE/ZIP : IL 60048
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.32100
----------------------------------------------------------------
0 0031615149 MORTGAGORS: SNYDER ROBERT
SNYDER JOAN
REGION CODE ADDRESS : 21692 GELDEN ROAD
01 CITY : LAKE VILLA
STATE/ZIP : IL 60046
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.29400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,390,400.00
P & I AMT: 9,503.74
UPB AMT: 1,389,713.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 164
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031615230 MORTGAGORS: STEADMAN JOHN
NEUMANN VICKI
REGION CODE ADDRESS : 5779 KILLDEER PLACE
01 CITY : CARMEL
STATE/ZIP : IN 46033
MORTGAGE AMOUNT : 282,769.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,564.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------
0 0031615685 MORTGAGORS: MAYOKA MARK
MAYOKA TINAMARIE
REGION CODE ADDRESS : 183 HARBOR ROAD
01 CITY : COLD SPRING HARBOR
STATE/ZIP : NY 11724
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.05400
----------------------------------------------------------------
0 0031615719 MORTGAGORS: SINGLETARY WILLIAM
SINGLETARY SUZANNE
REGION CODE ADDRESS : 254 KENT ROAD
01 CITY : WYNNEWOOD
STATE/ZIP : PA 19096
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,695.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,204.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031615743 MORTGAGORS: SERAFINI TITO
POSTNER MARYA
REGION CODE ADDRESS : 2249 BUNKER HILL DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 401,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,309.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,842.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031615750 MORTGAGORS: WERNY MARK
WERNY LISA
REGION CODE ADDRESS : 35 SUMMERHILL LANE
01 CITY : PHOENIXVILLE
STATE/ZIP : PA 19460
MORTGAGE AMOUNT : 272,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,837.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,899,169.00
P & I AMT: 13,213.16
UPB AMT: 1,898,369.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 165
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031615917 MORTGAGORS: GECK FRANK
GECK DORIS
REGION CODE ADDRESS : 12 LAWRENCE SPRING DRIVE
01 CITY : MILLSTONE TWP.
STATE/ZIP : NJ 08510
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,789.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.33900
----------------------------------------------------------------
0 0031616147 MORTGAGORS: BREAN MITCHELL
REGION CODE ADDRESS : 1260 LUNETA DRIVE
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.75000
----------------------------------------------------------------
0 0031616337 MORTGAGORS: CHAPPELL MARCHELLE
REGION CODE ADDRESS : 1510 S BERNARDO AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,764.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.26400
----------------------------------------------------------------
0 0031616568 MORTGAGORS: FITZGERALD MICHAEL
FITZGERALD CLAUDIA
REGION CODE ADDRESS : 209 DUBLIN WOODS DRIVE
01 CITY : CARY
STATE/ZIP : NC 27513
MORTGAGE AMOUNT : 239,960.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,960.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031616576 MORTGAGORS: SANIGA JOSEF
SANIGA ELIZABETH
REGION CODE ADDRESS : 73 CHESTER HILL ROAD
01 CITY : WARWICK
STATE/ZIP : NY 10940
MORTGAGE AMOUNT : 349,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,006.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,294.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,429,260.00
P & I AMT: 9,625.11
UPB AMT: 1,428,520.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 166
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031616592 MORTGAGORS: MARSHALL GLENN
MARSHALL JULIE
REGION CODE ADDRESS : 36 PAULIN BOULEVARD
01 CITY : LEONIA
STATE/ZIP : NJ 07605
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031616600 MORTGAGORS: MCCUTCHEN MATTHEW
MCCUTCHEN DIANA
REGION CODE ADDRESS : 1915 CURTIS AVENUE #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 315,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,653.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031616857 MORTGAGORS: MORTON SARAH
REGION CODE ADDRESS : 249 SOUTH MAIN STREET
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031617038 MORTGAGORS: YEE CURTIS
NGUYEN TRUC
REGION CODE ADDRESS : 412 COMPASS DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031617160 MORTGAGORS: LOVE RENEE
LOVE JOHN
REGION CODE ADDRESS : 1022 SOUTH LEOPARD ROAD
01 CITY : BERWYN
STATE/ZIP : PA 19312
MORTGAGE AMOUNT : 625,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 625,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,316.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.96400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,008,900.00
P & I AMT: 13,896.92
UPB AMT: 2,008,653.56
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 167
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031617277 MORTGAGORS: DELIBERT ARTHUR
DELIBERT ANNE
REGION CODE ADDRESS : 11 WINDERMERE COURT
01 CITY : N. BETHESDA
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 475,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,155.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,365.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.91500
----------------------------------------------------------------
0 0031617582 MORTGAGORS: COHEN MICHAEL
COHEN SUSAN
REGION CODE ADDRESS : 3500 DAUPHINE AVE
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------
0 0031617673 MORTGAGORS: DOVER MARK
DOVER SUSAN
REGION CODE ADDRESS : 519 HILLCREST DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : LA 71301
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,306.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.58800
----------------------------------------------------------------
0 0031617681 MORTGAGORS: DEMPSKI ROBERT
DEMPSKI JANET
REGION CODE ADDRESS : 1943 WINDSOR COURT
01 CITY : MEXICO
STATE/ZIP : MO 65265
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,357.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,723.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.23800
----------------------------------------------------------------
0 0031617715 MORTGAGORS: GUNTHER DAVID
BRODSKY BARI-SUE
REGION CODE ADDRESS : 16 KINNAIRD STREET
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02139
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,895,100.00
P & I AMT: 13,057.01
UPB AMT: 1,893,513.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 168
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031617798 MORTGAGORS: SACHS STEPHEN
REGION CODE ADDRESS : 3400 PRARIE AVENUE
01 CITY : MIAMI BEACH
STATE/ZIP : FL 33140
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,794.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031617806 MORTGAGORS: WALTON BRUCE
DUBOE GAIL
REGION CODE ADDRESS : 4704 CAMINITO EVA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 294,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,570.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99100
----------------------------------------------------------------
0 0031618143 MORTGAGORS: SLUSARCHUK CHERYL
GULSTENE KEVIN
REGION CODE ADDRESS : 3206 HARTZELL
01 CITY : EVANSTON
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,386.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031618184 MORTGAGORS: MC ROBERTS MICHAEL
REGION CODE ADDRESS : 585 S. LOS COYOTES DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,646.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,204.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031618259 MORTGAGORS: BISHOP RONALD
BRONEY-BISHOP PAMELA
REGION CODE ADDRESS : 15410 NORTHWEST ANDALUSIAN WAY
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.69700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,626,400.00
P & I AMT: 11,176.40
UPB AMT: 1,625,611.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 169
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031618630 MORTGAGORS: APPLEMAN LAWRENCE
APPLEMAN CHERYL
REGION CODE ADDRESS : 11 MADISON AVENUE
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02140
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031618697 MORTGAGORS: FORDES WILLIAM
FORDES TARYN
REGION CODE ADDRESS : 2308 27TH STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,616.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.19000
----------------------------------------------------------------
0 0031618721 MORTGAGORS: JANSSEN JENNIFER
REGION CODE ADDRESS : 3025 SILVER CREEK ESTATES
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,627.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.26087
----------------------------------------------------------------
0 0031618903 MORTGAGORS: DEANGELO MICHAEL
DEANGELO DAYLE
REGION CODE ADDRESS : 10 GARD COURT
01 CITY : GREENWICH
STATE/ZIP : CT 06831
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031618911 MORTGAGORS: BROWNING DOUGLAS
BROWNING JANET
REGION CODE ADDRESS : 4049 LOMAR DRIVE
01 CITY : MT AIRY
STATE/ZIP : MD 21771
MORTGAGE AMOUNT : 250,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,609.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,564,800.00
P & I AMT: 10,816.21
UPB AMT: 1,563,618.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 170
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031618929 MORTGAGORS: CLOGG MOLLY
REGION CODE ADDRESS : 1218 HOLLENBECK AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,793.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98200
----------------------------------------------------------------
0 0031618994 MORTGAGORS: BARRY JOHN
BARRY LILLIAN
REGION CODE ADDRESS : 9 WASHBROOK ROAD
01 CITY : NEWTOWN
STATE/ZIP : CT 06470
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.66000
----------------------------------------------------------------
0 0031619018 MORTGAGORS: WETMORE DIANA
WETMORE GALE
REGION CODE ADDRESS : 15 TANAGER STREET
01 CITY : ARLINGTON
STATE/ZIP : MA 02174
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031619091 MORTGAGORS: RODERICK MICHAEL
RODERICK MIRIELA
REGION CODE ADDRESS : 2 CORNELL WAY
01 CITY : MONTCLAIR
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,817.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031619356 MORTGAGORS: CABRERA JAY
CABRERA SUSAN
REGION CODE ADDRESS : 403 MAIN STREET #703N
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94105
MORTGAGE AMOUNT : 483,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 482,632.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,335.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,511,200.00
P & I AMT: 10,409.79
UPB AMT: 1,510,443.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 171
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031619463 MORTGAGORS: BARRETT WILLIAM
BARRETT ERIKA
REGION CODE ADDRESS : 6760 NORTH PLACITA ACEBO
01 CITY : TUCSON
STATE/ZIP : AZ 85750
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,493.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.50300
----------------------------------------------------------------
0 0031619554 MORTGAGORS: WANERSTRAND TOMAS
DREVER ANDREA
REGION CODE ADDRESS : 15462 141ST PLACE SE
01 CITY : RENTON
STATE/ZIP : WA 98058
MORTGAGE AMOUNT : 255,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,960.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,784.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98400
----------------------------------------------------------------
0 0031619570 MORTGAGORS: KEARNEY WILLIAM
KEARNEY JUDITH
REGION CODE ADDRESS : 3350 LAURIE BROOK DRIVE
01 CITY : BINGHAMTON
STATE/ZIP : NY 13903
MORTGAGE AMOUNT : 285,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,737.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031619703 MORTGAGORS: MCGANN JAMES
MCGANN COLLEEN
REGION CODE ADDRESS : 6119 SOUTH POTOMAC WAY
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,480.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031619729 MORTGAGORS: YINGST JOHN
YINGST SHARON
REGION CODE ADDRESS : 720 FALLING ROCKS COURT
01 CITY : ROSWELL
STATE/ZIP : GA 30076
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,352.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.58800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,506,700.00
P & I AMT: 10,385.76
UPB AMT: 1,505,531.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 172
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031619737 MORTGAGORS: EDMONSON MICHAEL
EDMONSON KIMBERLY
REGION CODE ADDRESS : 7220 RIVERSIDE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30328
MORTGAGE AMOUNT : 339,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,035.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,314.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031619885 MORTGAGORS: BREWER JOHN
BIELSKI SUSAN
REGION CODE ADDRESS : 26 KENNEBAGO AVENUE
01 CITY : VINEYARD HAVEN
STATE/ZIP : MA 02568
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,299.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 42.77400
----------------------------------------------------------------
0 0031619950 MORTGAGORS: MCKENNY VERNARD
MCKENNY AURORA
REGION CODE ADDRESS : 5111 QUEEN PALM TERRACE NE
01 CITY : ST PETERSBURG
STATE/ZIP : FL 33703
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,823.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,791.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 69.44400
----------------------------------------------------------------
0 0031620164 MORTGAGORS: SMITH WILLIAM
REGION CODE ADDRESS : 28 KNOLLCROFT ROAD
01 CITY : BASKING RIDGE
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 471,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,823.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,174.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031620180 MORTGAGORS: DAY DANIEL
DAY JANEANN
REGION CODE ADDRESS : 1821 GALATEA TERRACE
01 CITY : CORONA DEL MAR
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 837,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 836,978.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,856.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 67.00800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,155,600.00
P & I AMT: 14,893.45
UPB AMT: 2,153,959.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 173
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031620248 MORTGAGORS: CHANG SHELDON
REGION CODE ADDRESS : 30 ROLLING LANE
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,671.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,090.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0031620461 MORTGAGORS: SISTO JOSEPH
SISTO JANICE
REGION CODE ADDRESS : 185 CHANNEL VIEW
01 CITY : WARWICK
STATE/ZIP : RI 02889
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,753.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 56.66600
----------------------------------------------------------------
0 0031620511 MORTGAGORS: SUTTON JOHN
SUTTON SHARON
REGION CODE ADDRESS : 1111 GALLOWAY STREET
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,802.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 45.61400
----------------------------------------------------------------
0 0031620586 MORTGAGORS: MELTON GREGORY
MELTON GIOVANNA
REGION CODE ADDRESS : 12302 CALIFA STREET
01 CITY : VALLEY VILLAGE AREA
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 345,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.34400
----------------------------------------------------------------
0 0031620594 MORTGAGORS: DOLAN GEORGE
DOLAN JODI
REGION CODE ADDRESS : 9 RIDGE ROAD
01 CITY : HOPKINTON
STATE/ZIP : MA 01748
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.48800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,657,500.00
P & I AMT: 11,423.41
UPB AMT: 1,656,728.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 174
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031620628 MORTGAGORS: GATLEY DENNIS
GATLEY KATIE
REGION CODE ADDRESS : 44936 HICKORY LANDING ROAD
01 CITY : HOLLYWOOD
STATE/ZIP : MD 20636
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,820.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,569.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.78400
----------------------------------------------------------------
0 0031620677 MORTGAGORS: WACHTELHAUSEN ROBERTA
REGION CODE ADDRESS : 15 WOODSIDE CIRCLE
01 CITY : HARTFORD
STATE/ZIP : CT 06105
MORTGAGE AMOUNT : 253,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031620727 MORTGAGORS: RICE DANIEL
RICE SOPHIA
REGION CODE ADDRESS : 19 LEDGE WAY
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/26
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.00000
----------------------------------------------------------------
0 0031620784 MORTGAGORS: BRACKMAN ROBERTA
PAGE DAVID
REGION CODE ADDRESS : 11 TUXEDO ROAD
01 CITY : GLENRIDGE BOROUGH
STATE/ZIP : NJ 07028
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,176.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.86700
----------------------------------------------------------------
0 0031620842 MORTGAGORS: SMITH DANIEL
SMITH SUSAN
REGION CODE ADDRESS : 1 WELLFORD LANE
01 CITY : MILLERSVILLE
STATE/ZIP : MD 21108
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.35100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,350,800.00
P & I AMT: 9,208.33
UPB AMT: 1,350,391.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 175
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031620941 MORTGAGORS: FISIY CYPRIAN
REGION CODE ADDRESS : 3499 PAUL STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22311
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,814.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0031620982 MORTGAGORS: PETRUSKA SCOTT
PETRUSKA ELIZABETH
REGION CODE ADDRESS : 9 WALPOLE STREET
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031621063 MORTGAGORS: LUXFORD FRED
LUXFORD SALLY
REGION CODE ADDRESS : 3232 KEVIN COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,743.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,607.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031621089 MORTGAGORS: KEMP JOHN
REGION CODE ADDRESS : 2555 PA AVENUE NW #609
01 CITY : WASHINGTON
STATE/ZIP : DC 20037
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,553.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031621246 MORTGAGORS: ROBBINS PETER
ROBBINS LAURA
REGION CODE ADDRESS : 3237 NAVY DRIVE
01 CITY : OAK HILL
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 378,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,516.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.37700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,642,300.00
P & I AMT: 11,417.53
UPB AMT: 1,641,410.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 176
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031621501 MORTGAGORS: ORLANDO GINO
REGION CODE ADDRESS : 15223 LEDGEWOOD DRIVE
01 CITY : REDDING
STATE/ZIP : CA 96001
MORTGAGE AMOUNT : 382,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,930.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0031621519 MORTGAGORS: COBB MATTHEW
COBB LORI
REGION CODE ADDRESS : 26021 NE 27TH DRIVE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,585.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,874.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031621527 MORTGAGORS: PHAM-LU NGAN
LU TRIET
REGION CODE ADDRESS : 14018 EAGLE CHASE CIRCLE
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 297,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,950.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,952.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031621626 MORTGAGORS: RIDLON RAY
SEVIER-RIDLON TERRI
REGION CODE ADDRESS : 16120 LOOSE CREEK ROAD
01 CITY : JAMUL
STATE/ZIP : CA 91935
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 61.68200
----------------------------------------------------------------
0 0031621709 MORTGAGORS: AUDIBERT JAMES
AUDIBERT JANE
REGION CODE ADDRESS : 30 DALE DRIVE
01 CITY : SUMMIT
STATE/ZIP : NJ 07901
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,729.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.99100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,614,500.00
P & I AMT: 11,061.17
UPB AMT: 1,613,195.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 177
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031621758 MORTGAGORS: BUDDE NEIL
EDWARDS VIRGINIA
REGION CODE ADDRESS : 6 ROUNDTOP ROAD
01 CITY : TEWKSBURY TOWNSHIP
STATE/ZIP : NJ 08858
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,710.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------
0 0031621824 MORTGAGORS: HERNANDEZ LEONARDO
HERNANDEZ LEYLA
REGION CODE ADDRESS : 8 KALMAN COURT
01 CITY : WARREN TOWNSHIP
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,758.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.28500
----------------------------------------------------------------
0 0031622095 MORTGAGORS: BALADAD RENATO
BALADAD NORMA
REGION CODE ADDRESS : 996 ROSAL COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 241,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,261.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
0 0031622160 MORTGAGORS: FORSYTH MARGARET
FORSYTH DOUGLAS
REGION CODE ADDRESS : 65 GRANITE STREET
01 CITY : ASHLAND
STATE/ZIP : OR 97504
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,783.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.26829
----------------------------------------------------------------
0 0031622178 MORTGAGORS: HUGHES THOMAS
HUGHES ELIZABETH
REGION CODE ADDRESS : 4 WINTHROP ROAD
01 CITY : PORT WASHINGTON
STATE/ZIP : NY 11050
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,480.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,617,650.00
P & I AMT: 11,277.69
UPB AMT: 1,616,715.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 178
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031622269 MORTGAGORS: WOLTERS SCOTT
WOLTERS CATHERINE
REGION CODE ADDRESS : 7708 ROCIO STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,300.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031622418 MORTGAGORS: MARCOGLIESE JAMES
MARCOGLIESE JUDY
REGION CODE ADDRESS : 8 BALLANTINE ROAD
01 CITY : MENDHAM TOWNSHIP
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,991.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031622525 MORTGAGORS: RISTUBEN KENNETH
RISTUBEN SANDRA
REGION CODE ADDRESS : 8450 WOOD THRUSH WAY
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,712.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031622566 MORTGAGORS: LAPLANTE PHILLIP
LAPLANTE NANCY
REGION CODE ADDRESS : 1 QUAKER LN
01 CITY : GLENS MILLS
STATE/ZIP : PA 19342
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031622582 MORTGAGORS: MORSE DIANE
JONES THOMAS
REGION CODE ADDRESS : 207 S MAIN ST
01 CITY : W HARTFORD
STATE/ZIP : CT 06107
MORTGAGE AMOUNT : 289,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,616,250.00
P & I AMT: 11,078.01
UPB AMT: 1,615,576.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 179
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031622590 MORTGAGORS: SHAPIRO JONATHAN
REGION CODE ADDRESS : 69 MYRTLE ST
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,772.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.48200
----------------------------------------------------------------
0 0031622608 MORTGAGORS: GALLAGHER THOMAS
GALLAGHER BONNIE
REGION CODE ADDRESS : 4165 CHRISTY WAY
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.78100
----------------------------------------------------------------
0 0031622616 MORTGAGORS: SCHNEIDER ADAM
SCHNEIDER HOLLY
REGION CODE ADDRESS : 8413 ASMARA DRIVE
01 CITY : AUSTIN
STATE/ZIP : TX 78750
MORTGAGE AMOUNT : 288,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,830.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031622723 MORTGAGORS: SCHAUERMANN KEITH
REGION CODE ADDRESS : 123 GARDEN HILL DRIVE
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031622830 MORTGAGORS: FERRELL MICHAEL
WOLFSON WENDY
REGION CODE ADDRESS : 8307 CRESTRIDGE ROAD
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,535.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,473,550.00
P & I AMT: 10,071.17
UPB AMT: 1,473,127.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 180
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031622897 MORTGAGORS: HOPE STEVEN
HOPE SHARI
REGION CODE ADDRESS : 27 DUXBURY ROAD
01 CITY : GREAT NECK
STATE/ZIP : NY 11023
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,175.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,033.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031622996 MORTGAGORS: MONTENA WADE
MONTENA CYNTHIA
REGION CODE ADDRESS : 5 TAMMY TERRACE
01 CITY : KINNELON (BORO)
STATE/ZIP : NJ 07405
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.68300
----------------------------------------------------------------
0 0031623010 MORTGAGORS: ARREDONDO MANUEL
ARREDONDO MILAGROS
REGION CODE ADDRESS : 35707 SHERIDAN COURT
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,794.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031623077 MORTGAGORS: STRID SCOTT
STRID BARBARA
REGION CODE ADDRESS : 90 WESTBURY
01 CITY : AVON
STATE/ZIP : CT 06001
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,726.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.45100
----------------------------------------------------------------
0 0031623309 MORTGAGORS: DEROCHER ROBERT
DEROCHER MARY
REGION CODE ADDRESS : 18 REVERE LANE LOT 62
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 306,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,210.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,594,850.00
P & I AMT: 10,922.95
UPB AMT: 1,594,181.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 181
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031623333 MORTGAGORS: SAPORITO JERRY
SAPORITO RHENDA
REGION CODE ADDRESS : 209 STELLA STREET
01 CITY : METAIRIE
STATE/ZIP : LA 70005
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,619.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------
0 0031623341 MORTGAGORS: SHERRY DOUGLAS
REGION CODE ADDRESS : 920 BROADWAY AVENUE E.
01 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031623572 MORTGAGORS: GAUTRAUD RICHARD
GAUTRAUD PEGGY
REGION CODE ADDRESS : 20 K SUMMERHILL DRIVE
01 CITY : CALIFORNIA
STATE/ZIP : KY 41007
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,103.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.82400
----------------------------------------------------------------
0 0031623598 MORTGAGORS: ROSELANDO JAMES
ROSELANDO VINCENZA
REGION CODE ADDRESS : 2 THOMAS CIRCLE
01 CITY : STONEHAM
STATE/ZIP : MA 02180
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.12000
----------------------------------------------------------------
0 0031623606 MORTGAGORS: SJODIN KEITH
SJODIN MARY
REGION CODE ADDRESS : 1101 SUGARBUSH LANE
01 CITY : WACONIA
STATE/ZIP : MN 55387
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,802.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,875,000.00
P & I AMT: 12,824.96
UPB AMT: 1,874,421.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 182
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031623614 MORTGAGORS: GONIPROW ALEXANDER
REGION CODE ADDRESS : 4418 WINDING OAK DRIVE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,793.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.31500
----------------------------------------------------------------
0 0031623762 MORTGAGORS: SHADALLAH STEVEN
SHADALLAH CELESTE
REGION CODE ADDRESS : 65 HOOKER FARM ROAD
01 CITY : SALEM
STATE/ZIP : NH 03079
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,319.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 66.28700
----------------------------------------------------------------
0 0031623796 MORTGAGORS: SKAPARS Z.
SKAPARS KATHLEEN
REGION CODE ADDRESS : 2 TOWER DR
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.07200
----------------------------------------------------------------
0 0031623838 MORTGAGORS: DANZI JOSEPH
DANZI BETTY
REGION CODE ADDRESS : 17807 OSPREY POINTE PL
01 CITY : TAMPA
STATE/ZIP : FL 33647
MORTGAGE AMOUNT : 315,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,960.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031623911 MORTGAGORS: WOLK PETER
BRECKMAN RISA
REGION CODE ADDRESS : 16 OAK HILL ROAD
01 CITY : MILLBURN
STATE/ZIP : NJ 07078
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,331.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,165.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.50000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,431,200.00
P & I AMT: 9,909.77
UPB AMT: 1,429,904.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 183
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031623937 MORTGAGORS: DOUGHERTY JOHN
MOHUN CARRIE
REGION CODE ADDRESS : 233 PASA ROBLES AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,524.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.40000
----------------------------------------------------------------
0 0031624067 MORTGAGORS: LAUREN DEBORAH
REGION CODE ADDRESS : 31602 SEA SHADOWS WAY
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------
0 0031624141 MORTGAGORS: YARIN DAVID
YARIN LISA
REGION CODE ADDRESS : 3 SUNSET ROAD
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,233.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031624224 MORTGAGORS: WILSON BRAD
WILSON MARJORIE
REGION CODE ADDRESS : 1645 LACHINE DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 484,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 484,041.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,307.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031624364 MORTGAGORS: KOREN YUVAL
KAPLOWITZ MOLLY
REGION CODE ADDRESS : 1414-1416 18TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,665.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,836,800.00
P & I AMT: 12,481.79
UPB AMT: 1,834,996.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 184
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031624489 MORTGAGORS: DEMEO JOHN
DEMEO AMORY
REGION CODE ADDRESS : 6 PREMIER DRIVE
01 CITY : LONDONBERRY
STATE/ZIP : NH 03050
MORTGAGE AMOUNT : 370,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,524.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.01100
----------------------------------------------------------------
0 0031624513 MORTGAGORS: PINKER STEVEN
SUBBIAH ILAVENIL
REGION CODE ADDRESS : 11 CHAUNCY STREET UNIT #A
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02138
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.42200
----------------------------------------------------------------
0 0031624562 MORTGAGORS: QUINZII RENATO
QUINZII ANNA
REGION CODE ADDRESS : 1830 TETON PASS STREET
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,791.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031624596 MORTGAGORS: KWIATKOWSKI FERNANDO
KWIATKOWSKI WENDY
REGION CODE ADDRESS : 3645 BRANT STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92103
MORTGAGE AMOUNT : 418,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 417,689.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,922.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.61900
----------------------------------------------------------------
0 0031624711 MORTGAGORS: DUKE WILLIAM
DUKE LEILANI
REGION CODE ADDRESS : 1030 GLENHAVEN DRIVE
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 433,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,678.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,027.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.61500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,009,800.00
P & I AMT: 13,907.97
UPB AMT: 2,008,684.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 185
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031624851 MORTGAGORS: CURRY-ALLEN DONALD
CURRY-ALLEN CAROLYN
REGION CODE ADDRESS : 1545 EAST LEMON AVENUE
01 CITY : BRADBURY
STATE/ZIP : CA 91010
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,389.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,204.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 54.97500
----------------------------------------------------------------
0 0031625189 MORTGAGORS: NAGEL NADINE
GUIRL DAVID
REGION CODE ADDRESS : 1490 EAST STANDISH PLACE
01 CITY : BAYSIDE
STATE/ZIP : WI 53217
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,753.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031625320 MORTGAGORS: SAHAREK JOHN
REGION CODE ADDRESS : 7 WINDSOR DR
01 CITY : FOXBORO
STATE/ZIP : MA 02035
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,084.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,248.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031625361 MORTGAGORS: GAGNIER JAMES
GAGNIER KAREN
REGION CODE ADDRESS : 501 LYNMERE RD
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 30.09000
----------------------------------------------------------------
0 0031625494 MORTGAGORS: KOSMOSKI JON
KOSMOSKI NANCY
REGION CODE ADDRESS : 5535 BUCKHOLLOW DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,796.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.27200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,658,600.00
P & I AMT: 11,539.18
UPB AMT: 1,657,023.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 186
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031625635 MORTGAGORS: BELCHER CHARLES
BELCHER JAYNE
REGION CODE ADDRESS : 410 DOE CREEK COURT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 233,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,963.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,570.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031625650 MORTGAGORS: PAPLIE RALPH
PAPLIE ANNE
REGION CODE ADDRESS : 2 COUNTY ESTATES ROAD
01 CITY : WESTHAMPTON
STATE/ZIP : NY 11977
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,726.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031625866 MORTGAGORS: HUGHES JAMES
REGION CODE ADDRESS : 9604 STATE RT 7, LOT 13, ROMAN HARB
01 CITY : PROCTORVILLE
STATE/ZIP : OH 45669
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,752.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.65100
----------------------------------------------------------------
0 0031626104 MORTGAGORS: PULEO PETER
PULEO ROBIN
REGION CODE ADDRESS : 1690 FIELDVIEW LANE
01 CITY : BETHLEHEM
STATE/ZIP : PA 18015
MORTGAGE AMOUNT : 847,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 846,305.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,635.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 70.00000
----------------------------------------------------------------
0 0031626252 MORTGAGORS: TIMMONS ROBERT
TIMMONS LINDA
REGION CODE ADDRESS : 7011 ORCHARD HILL COURT
01 CITY : COLLEYVILLE
STATE/ZIP : TX 76034
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,708.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,368.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,146,150.00
P & I AMT: 14,568.25
UPB AMT: 2,144,456.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 187
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031626286 MORTGAGORS: SHIROKE MARK
SHIROKE JAMI
REGION CODE ADDRESS : 50 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 352,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,775.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99000
----------------------------------------------------------------
0 0031626542 MORTGAGORS: EHA MICHAEL
EHA RAMONA
REGION CODE ADDRESS : 353 PINEBROOK ROAD
01 CITY : BEDFORD
STATE/ZIP : NY 10506
MORTGAGE AMOUNT : 515,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 515,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,648.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 60.64700
----------------------------------------------------------------
0 0031626591 MORTGAGORS: DEL PRIORE LUCIAN
DEL PRIORE SUSAN
REGION CODE ADDRESS : 49 PHEASANT RUN ROAD
01 CITY : BASKING RIDGE
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 544,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 544,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,711.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031626674 MORTGAGORS: PARTLOW JACK
PARTLOW SANDRA
REGION CODE ADDRESS : 908 ENDERBY DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22032
MORTGAGE AMOUNT : 249,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,110.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031626682 MORTGAGORS: ISSING GREGORY
ISSING ANNETTE
REGION CODE ADDRESS : 13939 LEETON CIRCLE
01 CITY : CHANTILLY
STATE/ZIP : VA 22021
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 84.50900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,936,350.00
P & I AMT: 13,293.03
UPB AMT: 1,935,885.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 188
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031626690 MORTGAGORS: BENDER MICHAEL
BENDER THERESA
REGION CODE ADDRESS : 716 HUNTSMAN PLACE
01 CITY : HERNDON
STATE/ZIP : VA 20170
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,752.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031626781 MORTGAGORS: GOLDMAN JAY
SNYDER ELEANOR
REGION CODE ADDRESS : 2865 BRYANT STREET
01 CITY : SAN FRADNCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 290,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,467.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031626815 MORTGAGORS: FLOYD MARK
FLOYD BEVERLY
REGION CODE ADDRESS : 3011 ELLA LEE LN
01 CITY : HOUSTON
STATE/ZIP : TX 77000
MORTGAGE AMOUNT : 506,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 505,568.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,714.69 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031626880 MORTGAGORS: PELLICORO PAUL
REGION CODE ADDRESS : 1 LINCOLN PLAZA #41U
01 CITY : NEW YORK
STATE/ZIP : NY 10023
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,759.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031627003 MORTGAGORS: ALPER BRUCE
ALPER DEBRA
REGION CODE ADDRESS : 4027 PICARDY DRIVE
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 463,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,159.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,872,150.00
P & I AMT: 12,966.46
UPB AMT: 1,870,747.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 189
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031627011 MORTGAGORS: DELMORE COURTNEY
DELMORE MICHELLE
REGION CODE ADDRESS : 10 COSTA LANE
01 CITY : REDDING
STATE/ZIP : CT 06896
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,753.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031627060 MORTGAGORS: VAWTER VINCENT
VAWTER KIMBERLY
REGION CODE ADDRESS : 23430 NE 21ST STREET
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 290,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,871.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031627102 MORTGAGORS: FARRAND STEPHAN
FARRAND PAMELA
REGION CODE ADDRESS : 10404 DALEBROOKE LANE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 240,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,716.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.76800
----------------------------------------------------------------
0 0031627193 MORTGAGORS: PETERSEN ANNKATRIN
JAPPELLI ROBERTO
REGION CODE ADDRESS : 437 EAST CLIFF STREET
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,667.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,255.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.60000
----------------------------------------------------------------
0 0031627383 MORTGAGORS: ERICKSON BERNARD
ERICKSON SARA
REGION CODE ADDRESS : 2101 26TH ST SO.
01 CITY : ST CLOUD
STATE/ZIP : MN 56301
MORTGAGE AMOUNT : 298,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,828.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,621,300.00
P & I AMT: 11,256.80
UPB AMT: 1,619,837.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 190
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031627466 MORTGAGORS: PERROTTI MICHAEL
CLEMENTE ANTHONY
REGION CODE ADDRESS : 15168 HOLIDAY WAY
01 CITY : SYLMAR
STATE/ZIP : CA 91342
MORTGAGE AMOUNT : 257,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,913.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98897
----------------------------------------------------------------
0 0031627516 MORTGAGORS: PLEWE MICHAEL
XIONG YIFENG
REGION CODE ADDRESS : 4711 CAMINITO EVA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97900
----------------------------------------------------------------
0 0031627524 MORTGAGORS: VON PLATO ALEXANDRA
MORIARTY PATRICK
REGION CODE ADDRESS : 925 MERION SQUARE ROAD
01 CITY : GLADWYNE
STATE/ZIP : PA 19035
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031627789 MORTGAGORS: BOGACZ JOSEPH
BOGACZ AUDREY
REGION CODE ADDRESS : 301 ABBOTSFORD COURT
01 CITY : GLEN ELLYN
STATE/ZIP : IL 60137
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,830.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.34700
----------------------------------------------------------------
0 0031627912 MORTGAGORS: KREBSER JOHN
GUTHRIE SHEILA
REGION CODE ADDRESS : 3700 ALAMEDA DE LAS PULGAS
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,760.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.90300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,370,600.00
P & I AMT: 9,511.70
UPB AMT: 1,370,004.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 191
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031627938 MORTGAGORS: CLOPECK JEFFREY
CLOPECK COLLEEN
REGION CODE ADDRESS : 46 LEDGETREE ROAD
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,449.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.75000
----------------------------------------------------------------
0 0031627995 MORTGAGORS: HIGHT BRIAN
HIGHT EDEN
REGION CODE ADDRESS : 5406 WILMA STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,801.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031628035 MORTGAGORS: BERMAN PETER
BERMAN SUZANNE
REGION CODE ADDRESS : 7300 HYANNIS
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 239,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0031628043 MORTGAGORS: PAPIANOU MATTHEW
WATSON DEBORAH
REGION CODE ADDRESS : 85 BROOK STREET
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.10700
----------------------------------------------------------------
0 0031628118 MORTGAGORS: REESE JONATHAN
REESE JUDITH
REGION CODE ADDRESS : 6 FRANKLIN RODGERS ROAD
01 CITY : HINGHAM
STATE/ZIP : MA 02043
MORTGAGE AMOUNT : 382,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,671.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.45500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,750.00
P & I AMT: 10,833.18
UPB AMT: 1,522,551.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 192
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031628126 MORTGAGORS: CHARRETTE JAMES
CHARRETTE MARTHA
REGION CODE ADDRESS : 4618 VALLECITO LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,755.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031628274 MORTGAGORS: HOSAIN MARIA
REGION CODE ADDRESS : 25815 DURRWOOD COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,772.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.61900
----------------------------------------------------------------
0 0031628332 MORTGAGORS: SEDAGHAT NAFISEH
REGION CODE ADDRESS : 22301 BUTTERFIELD AVENUE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,324.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,983.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031628340 MORTGAGORS: WIEBEN DOUGLAS
WIEBEN ELLEEN
REGION CODE ADDRESS : 1037 SHOAL CREEK COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,311.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.53100
----------------------------------------------------------------
0 0031628381 MORTGAGORS: PRICE-HUGHES STEPHEN
PRICE-HUGHES JENNIFER
REGION CODE ADDRESS : 1151 23RD STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 311,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,736.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,605,700.00
P & I AMT: 11,096.15
UPB AMT: 1,603,899.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 193
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031628761 MORTGAGORS: KAPLUN YURI
BLUMENTAL-KAPLUN EUGENIA
REGION CODE ADDRESS : 51 STARVIEW WAY
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.96800
----------------------------------------------------------------
0 0031628795 MORTGAGORS: MARDIS ANN
REGION CODE ADDRESS : 35 LATHROP LANE
01 CITY : EDWARDS
STATE/ZIP : CO 80632
MORTGAGE AMOUNT : 315,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,904.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.23800
----------------------------------------------------------------
0 0031628845 MORTGAGORS: SHUGART PATRICK
BROECKER PENNIE
REGION CODE ADDRESS : 38254 MILLSTONE DRIVE
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,760.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031628894 MORTGAGORS: SMITH BRETT
SMITH SANDRA
REGION CODE ADDRESS : 54 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,777.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.76500
----------------------------------------------------------------
0 0031628944 MORTGAGORS: SCOLIERE MICHAEL
SCOLIERE NANCY
REGION CODE ADDRESS : 4603 GWYNEDD COURT
01 CITY : DUBLIN
STATE/ZIP : OH 43017
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.87500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,446,650.00
P & I AMT: 9,841.07
UPB AMT: 1,445,942.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 194
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031628969 MORTGAGORS: RICHARDS THOMAS
RICHARDS DIANE
REGION CODE ADDRESS : 3 SCARBOROUGH ROAD
01 CITY : SIMSBURY
STATE/ZIP : CT 06070
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,709.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.07400
----------------------------------------------------------------
0 0031629009 MORTGAGORS: FARRAR PETER
FARRAR PATTI
REGION CODE ADDRESS : 12 CHURCHHILL ROAD
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.70900
----------------------------------------------------------------
0 0031629066 MORTGAGORS: ROSIN RICHARD
KERNS - ROSIN SUSAN
REGION CODE ADDRESS : 42 BURNING BUSH DRIVE
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.61100
----------------------------------------------------------------
0 0031629173 MORTGAGORS: LEAHY WILLIAM
LEAHY KATHLEEN
REGION CODE ADDRESS : 195 NEHOIDEN STREET
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 65.11000
----------------------------------------------------------------
0 0031629215 MORTGAGORS: REDER WALTER
REDER BARBARA
REGION CODE ADDRESS : 2101 MEANDER ROAD
01 CITY : GRANBURY
STATE/ZIP : TX 76049
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,485,000.00
P & I AMT: 10,285.65
UPB AMT: 1,484,709.32
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 195
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031629256 MORTGAGORS: SCHULTZ ALAN
SCHULTZ MICHELLE
REGION CODE ADDRESS : 3220 BLUE BIRD CIRCLE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 303,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,869.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,093.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031629272 MORTGAGORS: SANBORN EDWARD
SANBORN DIANN
REGION CODE ADDRESS : 46 RIVERSIDE STREET
01 CITY : DANVERS
STATE/ZIP : MA 01923
MORTGAGE AMOUNT : 256,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,045.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------
0 0031629298 MORTGAGORS: HENDRICK HARRY
HENDRICK DONNA
REGION CODE ADDRESS : 970 SOUTH CLOVERDALE DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 258,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,098.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
0 0031629488 MORTGAGORS: PATTERSON JAMES
REGION CODE ADDRESS : 4545 FREMONT AVENUE SOUTH
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55409
MORTGAGE AMOUNT : 769,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 768,943.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,446.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 64.12500
----------------------------------------------------------------
0 0031629595 MORTGAGORS: PIERSON JEFFREY
PIERSON LINDA
REGION CODE ADDRESS : 2 HEXHAM
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,440.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,215.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 46.42800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,237,300.00
P & I AMT: 15,376.95
UPB AMT: 2,235,397.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 196
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031629611 MORTGAGORS: GOLDICK NORMAN
GOLDICK CAROLE
REGION CODE ADDRESS : 41 BEDELL ROAD
01 CITY : SOMERS
STATE/ZIP : NY 10589
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031629736 MORTGAGORS: TAYLOR DOUGLAS
MCCUSKER MICHELLE
REGION CODE ADDRESS : 13 CEDAR LANE
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,202.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031630056 MORTGAGORS: TUTTLE MICHAEL
TUTTLE JODI
REGION CODE ADDRESS : 3065 HOLLYRIDGE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,557.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031630064 MORTGAGORS: MCLEISH DARIN
MCLEISH THERESA
REGION CODE ADDRESS : 12 BRONCO STREET
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 245,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,058.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031630130 MORTGAGORS: GASKINS JOSEPH
GASKINS SUZANNE
REGION CODE ADDRESS : 15 E TEAL POINT ROAD
01 CITY : EARLEVILLE
STATE/ZIP : MD 21919
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,791.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.75000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,345,400.00
P & I AMT: 9,327.75
UPB AMT: 1,344,611.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 197
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031630296 MORTGAGORS: FREED ALYNE
FREED RICHARD
REGION CODE ADDRESS : 191 PRESIDENTIAL BLVD #PH-1004
01 CITY : BALA CYNWYD
STATE/ZIP : PA 19004
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031630320 MORTGAGORS: MONETTI KATHLEEN
MONETTI LUIGI
REGION CODE ADDRESS : 20 FOX FIRE LANE
01 CITY : CLINTON
STATE/ZIP : NJ 08809
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031630411 MORTGAGORS: SHELTON PETER
SHELTON LORI
REGION CODE ADDRESS : 2154 NEWPORT PLACE,NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20037
MORTGAGE AMOUNT : 237,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,014.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031630486 MORTGAGORS: MARTIN FINLA
REGION CODE ADDRESS : 5605 VIA DEL COLLADO
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,705.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.14000
----------------------------------------------------------------
0 0031630502 MORTGAGORS: MOZHI T
MOZHI MALATHI
REGION CODE ADDRESS : 7572 VOGELS WAY
01 CITY : SPRINGFEILD
STATE/ZIP : VA 22153
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,155.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,407,700.00
P & I AMT: 9,759.04
UPB AMT: 1,406,875.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 198
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031630510 MORTGAGORS: DAVIDSON THOMAS
NEWELL PATRICIA
REGION CODE ADDRESS : 638 PRAIRIE AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,775.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031630569 MORTGAGORS: PARLES RICHARD
REGION CODE ADDRESS : 619 STEAMBOAT ROAD
01 CITY : GREENWICH
STATE/ZIP : CT 06830
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,236.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 29.41100
----------------------------------------------------------------
0 0031630692 MORTGAGORS: WEBBER GARY
BAKER-WEBER PAMELA
REGION CODE ADDRESS : 266 EAST FOXBORO STREET
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 247,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,628.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.96700
----------------------------------------------------------------
0 0031630700 MORTGAGORS: DE ST AUBIN EDWARD
DE ST AUBIN JANE
REGION CODE ADDRESS : 2274 LITTLEBROOKE DRIVE
01 CITY : DUNWOODY
STATE/ZIP : GA 30338
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,767.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,032.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.46600
----------------------------------------------------------------
0 0031630726 MORTGAGORS: HOLLANDER MICHAEL
HOBBS JANNA
REGION CODE ADDRESS : 65 VERNON STREET
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,637,900.00
P & I AMT: 11,205.10
UPB AMT: 1,636,679.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 199
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031630734 MORTGAGORS: CARNICELLI GALEN
CARNICELLI SHERRY
REGION CODE ADDRESS : 17120 OAK LEAF DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 427,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,182.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------
0 0031630882 MORTGAGORS: SOFIA MARK
SOFIA CINDY
REGION CODE ADDRESS : 16 CANDEUB COURT
01 CITY : MANALAPAN
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.73300
----------------------------------------------------------------
0 0031631112 MORTGAGORS: HERBERT JOHN
HERBERT ELIZABETH
REGION CODE ADDRESS : 23 WEST CEDAR STREET
01 CITY : BOSTON
STATE/ZIP : MA 02108
MORTGAGE AMOUNT : 842,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 842,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,887.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 48.11400
----------------------------------------------------------------
0 0031631146 MORTGAGORS: NAZEMI ABBAS
ROLLINS PAMELA
REGION CODE ADDRESS : 15250 BLACKBERRY HILL ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,440.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,215.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 46.42800
----------------------------------------------------------------
0 0031631211 MORTGAGORS: POLONSKY S
POLONSKY MARY VIRGINIA
REGION CODE ADDRESS : 25793 PLANTING FIELD DRIVE
01 CITY : SOUTH RIDING
STATE/ZIP : VA 20152
MORTGAGE AMOUNT : 312,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,433.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.45100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,485,650.00
P & I AMT: 17,275.21
UPB AMT: 2,484,056.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 200
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031631435 MORTGAGORS: WEBSTER MICHAEL
WEBSTER CAROL
REGION CODE ADDRESS : 18 HERTFORD
01 CITY : NEWPORT COAST (AREA)
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 333,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,927.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,388.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.29200
----------------------------------------------------------------
0 0031631708 MORTGAGORS: KLEIN ERIC
KLEIN JOANNE
REGION CODE ADDRESS : 15 NEWELL ROAD
01 CITY : NEWELL
STATE/ZIP : MA 02466
MORTGAGE AMOUNT : 273,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.70700
----------------------------------------------------------------
0 0031631724 MORTGAGORS: DESIMONE JOHN
DESIMONE LINDA
REGION CODE ADDRESS : 702 WATERS EDGE DRIVE
01 CITY : PENHOOK
STATE/ZIP : VA 24137
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.30137
----------------------------------------------------------------
0 0031631906 MORTGAGORS: STREIFFER RICHARD
STREIFFER ANN
REGION CODE ADDRESS : 5929 COLISEUM STREET
01 CITY : NEW ORLEANS
STATE/ZIP : LA 70115
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,786.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.33300
----------------------------------------------------------------
0 0031632052 MORTGAGORS: BERKOWITZ DAVID
IMBERMAN FLAURIE
REGION CODE ADDRESS : 3382 KENNETH DRIVE
01 CITY : PALO ALTO
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,697.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,190.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.15200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,568,900.00
P & I AMT: 11,117.19
UPB AMT: 1,567,911.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 201
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031632417 MORTGAGORS: YOO MAN
YOO HYE
REGION CODE ADDRESS : 5301 CORTOLANE DRIVE
01 CITY : LA CRESCENTA
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,783.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031632516 MORTGAGORS: RAMANI VASANT
RAMANI RAMA
REGION CODE ADDRESS : 1507 ROGUE STREET
01 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 238,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,214.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,626.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.96200
----------------------------------------------------------------
0 0031632698 MORTGAGORS: TOWLE STEVEN
GEORGE ANNA
REGION CODE ADDRESS : 206 SOUTH BAYVIEW AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 304,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,568.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,105.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031632987 MORTGAGORS: SMITH RONALD
REGION CODE ADDRESS : 17473 BERKSHIRE DRIVE
01 CITY : JEFFERSONTON
STATE/ZIP : VA 22724
MORTGAGE AMOUNT : 282,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,205.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,047.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.99400
----------------------------------------------------------------
0 0031633167 MORTGAGORS: EGAN JAMES
EGAN TINA
REGION CODE ADDRESS : 46 HUNT DRIVE
01 CITY : STOUGHTON
STATE/ZIP : MA 02072
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.66000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,361,600.00
P & I AMT: 9,438.39
UPB AMT: 1,360,570.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 202
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031633209 MORTGAGORS: RIVEIRE CHARLES
RIVEIRE ELIZABETH
REGION CODE ADDRESS : 3086 CANTER WAY
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 258,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,848.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------
0 0031633381 MORTGAGORS: BOROS PETER
BOROS SUSAN
REGION CODE ADDRESS : 3 WESTLAND DRIVE
01 CITY : GLEN COVE
STATE/ZIP : NY 11542
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031633415 MORTGAGORS: MURRIN BARRY
REGION CODE ADDRESS : 1014 F STREET
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,812.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.18700
----------------------------------------------------------------
0 0031633613 MORTGAGORS: MARKFIELD LINDA
REGION CODE ADDRESS : 5835 MITCHELL ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30328
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,077.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,275.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031633647 MORTGAGORS: GENTILE AMILCARE
XIE XIAO
REGION CODE ADDRESS : 2650 BASIL LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,407.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,679.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.58000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,650.00
P & I AMT: 10,523.00
UPB AMT: 1,533,146.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 203
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031633829 MORTGAGORS: REIMER THOMAS
REIMER LINDA
REGION CODE ADDRESS : 1334 SUNSET DRIVE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 305,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,384.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031634074 MORTGAGORS: DANCEY TERRENCE
REGION CODE ADDRESS : 7 WHITESHORE
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,276.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,077.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 58.99700
----------------------------------------------------------------
0 0031634314 MORTGAGORS: HERMS HENRY
HERMS JENNIFER
REGION CODE ADDRESS : 221 WOODCLIFF BLVD.
01 CITY : MORGANVILLE
STATE/ZIP : NJ 07751
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.93900
----------------------------------------------------------------
0 0031634447 MORTGAGORS: HAMMAN MICHAEL
REGION CODE ADDRESS : 67 & 69 SAINT JOSEPH AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,748.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.71700
----------------------------------------------------------------
0 0031634470 MORTGAGORS: GROCH JOEL
GROCH DEBRA
REGION CODE ADDRESS : 23336 CALIFA STREET
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,762.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,179,600.00
P & I AMT: 15,245.10
UPB AMT: 2,178,171.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 204
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031634512 MORTGAGORS: ZIELKE JOEL
ZIELKE KAREN
REGION CODE ADDRESS : W258 S4927 RED CLOVER DRIVE
01 CITY : WAUKESHA
STATE/ZIP : WI 53186
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.11700
----------------------------------------------------------------
0 0031634546 MORTGAGORS: JERRY ROBERT
JERRY LISA
REGION CODE ADDRESS : 2409 SPARKLEBERRY
01 CITY : COLUMBIA
STATE/ZIP : MO 65201
MORTGAGE AMOUNT : 344,560.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,256.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031634561 MORTGAGORS: NINH KELVIN
HUA NADINE
REGION CODE ADDRESS : 2780 TIMMONS
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,804.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,838.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.14200
----------------------------------------------------------------
0 0031634660 MORTGAGORS: BLEIGH TIMOTHY
BLEIGH CHRISTINA
REGION CODE ADDRESS : 15561 LORI ANNE LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 396,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,405.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,773.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
0 0031634728 MORTGAGORS: COCOZZA MICHAEL
COCOZZA TERRY
REGION CODE ADDRESS : 43244 PRESTON COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 315,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,115.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.77100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,559,610.00
P & I AMT: 10,681.58
UPB AMT: 1,558,582.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 205
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031634801 MORTGAGORS: SMITH DAVID
SMITH LORI
REGION CODE ADDRESS : 23726 SARDA ROAD
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.13900
----------------------------------------------------------------
0 0031635204 MORTGAGORS: DIGRANDE JOSEPH
DIGRANDE JENNIFER
REGION CODE ADDRESS : 752 SYCAMORE AVENUE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031635352 MORTGAGORS: BASHIR RAOUL
FISHER-BASHIR SHERYL
REGION CODE ADDRESS : 54 ROCKY BROOK RD
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031635428 MORTGAGORS: BOND LOWELL
BOND JANE
REGION CODE ADDRESS : 4705 LAUREL DRIVE
01 CITY : HARRISBURG
STATE/ZIP : PA 17110
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.75300
----------------------------------------------------------------
0 0031635436 MORTGAGORS: BIGLEY FRANCIS
BIGLEY NANCY
REGION CODE ADDRESS : 42 HIGH POINT RD
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 568,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 568,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,826.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,830,600.00
P & I AMT: 12,503.19
UPB AMT: 1,830,600.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 206
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031635444 MORTGAGORS: CODEVILLA DAVIS
CODEVILLA JACQUELINE
REGION CODE ADDRESS : 9705 RHAPSODY DRIVE
01 CITY : VIENNA
STATE/ZIP : VA 22181
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,889.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031635469 MORTGAGORS: POEMER ROBERT
POERMER ANNEMARIE
REGION CODE ADDRESS : 10 TALMADGE DRIVE
01 CITY : MONROE TOWNSHIP
STATE/ZIP : NJ 08831
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.27200
----------------------------------------------------------------
0 0031635493 MORTGAGORS: SYKES W.
REGION CODE ADDRESS : 2016 OCEAN FRONT
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 1,250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,249,048.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 8,633.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 56.81800
----------------------------------------------------------------
0 0031635642 MORTGAGORS: ANGELICH MICHAEL
ANGELICH TERRI
REGION CODE ADDRESS : 225 VIA LA CIRCULA
01 CITY : TORRANCE
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031635725 MORTGAGORS: HABER JEROLD
HABER MARCIA
REGION CODE ADDRESS : 2133 GRANDEUR DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.64700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,392,250.00
P & I AMT: 16,570.28
UPB AMT: 2,390,938.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 207
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031635881 MORTGAGORS: EDWARDS-CHALFIN LISA
REGION CODE ADDRESS : 9 OAK TRAIL ROAD
01 CITY : ENGLEWOOD
STATE/ZIP : NJ 07631
MORTGAGE AMOUNT : 458,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,676.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,281.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 88.93200
----------------------------------------------------------------
0 0031635907 MORTGAGORS: VANTINE MICHELLE
REGION CODE ADDRESS : 4725 NORTH TEE PEE LANE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89129
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.12300
----------------------------------------------------------------
0 0031636079 MORTGAGORS: BOINAY PAUL
BOINAY MARGUERITE
REGION CODE ADDRESS : CAMP ROAD
01 CITY : MOULTONBORO
STATE/ZIP : NH 03254
MORTGAGE AMOUNT : 371,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,717.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,562.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031636301 MORTGAGORS: SIEVERT KEVIN
SIEVERT LORI
REGION CODE ADDRESS : 4208 RED OAK CIRCLE
01 CITY : PARKER
STATE/ZIP : TX 75002
MORTGAGE AMOUNT : 286,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,865.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031636392 MORTGAGORS: WALSH DANIEL
WALSH SHELBY
REGION CODE ADDRESS : 2396 MANZANITA LANE
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,660,100.00
P & I AMT: 11,506.63
UPB AMT: 1,659,025.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 208
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031636657 MORTGAGORS: CASSIDY GENE
CASSIDY DOTTIE
REGION CODE ADDRESS : 4562 WEST GAVIN LANE
01 CITY : LIBERTYVILLE
STATE/ZIP : IL 60048
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.08900
----------------------------------------------------------------
0 0031636780 MORTGAGORS: MARTIN JAMES
MARTIN MARY
REGION CODE ADDRESS : 17942 SUN KNOLL DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,793.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031636798 MORTGAGORS: JONES CAROLINE
REGION CODE ADDRESS : TORRES STREET, 4TH N.E. OF 5TH AVE.
01 CITY : CARMEL
STATE/ZIP : CA 93921
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,719.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031636970 MORTGAGORS: PORTER SHERRI
REGION CODE ADDRESS : 15457 SE 67TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.53200
----------------------------------------------------------------
0 0031637002 MORTGAGORS: MAGEE JOSEPH
MAGEE DARYN
REGION CODE ADDRESS : 519 PROSPECT AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 411,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.11100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,567,000.00
P & I AMT: 10,793.12
UPB AMT: 1,566,321.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 209
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031637044 MORTGAGORS: CHRISTENSEN ALLEN
CHRISTENSEN NANCY
REGION CODE ADDRESS : 1645 SERPA DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637085 MORTGAGORS: NOBLE JOHN
NOBLE JENNIFER
REGION CODE ADDRESS : 16 STERLING ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 512,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 512,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,579.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637143 MORTGAGORS: DODSON LANCE
DODSON NANCY
REGION CODE ADDRESS : 20207 29TH AVENUE SE
01 CITY : BOTHELL
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 259,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,102.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------
0 0031637192 MORTGAGORS: GOODBAN RICHARD
GOODBAN LENA
REGION CODE ADDRESS : 8 KINGS COURT
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637325 MORTGAGORS: HARMAN MARY
REGION CODE ADDRESS : 2275 CAPISTRANO DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.29400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,643,300.00
P & I AMT: 11,415.60
UPB AMT: 1,643,102.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 210
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031637341 MORTGAGORS: SIMMS HARRY
BRATT-SIMMS SUSANNA
REGION CODE ADDRESS : 1330 BARLOW LANE
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 338,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,315.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,224.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.10200
----------------------------------------------------------------
0 0031637432 MORTGAGORS: GELPI PETER
ANDERSON-PLATT CAROLINE
REGION CODE ADDRESS : 7219 LEDROIT CT SW
01 CITY : SEATTLE
STATE/ZIP : WA 98136
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,609.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637473 MORTGAGORS: BLACKMAN M.
BLACKMAN MELINDA
REGION CODE ADDRESS : 6200 VORLICH LANE
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,754.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637499 MORTGAGORS: MARTINEZ LORENZO
MARTINEZ ERIKA
REGION CODE ADDRESS : 2722 BROOKHILL AVENUE
01 CITY : LA CRESCENTA,
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 272,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,032.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031637622 MORTGAGORS: NICHOLS PETER
WILDEMAN BONNIE
REGION CODE ADDRESS : 3060 ORION DRIVE
01 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80906
MORTGAGE AMOUNT : 245,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,992.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/27
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,636,050.00
P & I AMT: 10,953.60
UPB AMT: 1,634,704.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 211
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031637655 MORTGAGORS: OSTERMAN STEPHEN
OSTERMAN MONICA
REGION CODE ADDRESS : 12 LAFAYETTE CIRCLE
01 CITY : WELLESLEY
STATE/ZIP : MA 02481
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.77000
----------------------------------------------------------------
0 0031637747 MORTGAGORS: CHAU DENISE
CHAU ARLENE
REGION CODE ADDRESS : 25557 CRESTFIELD DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 336,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,817.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0031637796 MORTGAGORS: HENSLEY PATRICIA
HENSLEY RONALD
REGION CODE ADDRESS : 385 WATERVILLE ROAD
01 CITY : AVON
STATE/ZIP : CT 06001
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031637838 MORTGAGORS: TAYLOR WILLIAM
TAYLOR JOLINDA
REGION CODE ADDRESS : 12 HESPERUS CIRCLE
01 CITY : GLOUCESTER
STATE/ZIP : MA 01930
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.17900
----------------------------------------------------------------
0 0031637903 MORTGAGORS: STARZ DAVID
STARZ CYNTHIA
REGION CODE ADDRESS : 1376 LORRAINE PLACE
01 CITY : SCHAUMBURG
STATE/ZIP : IL 60173
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.58800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,656,100.00
P & I AMT: 11,239.09
UPB AMT: 1,655,817.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 212
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031638042 MORTGAGORS: YOUNG JOANN
SHEEHY SUSAN
REGION CODE ADDRESS : 591 ALPHA DRIVE
01 CITY : SOUTH LAKE TAHOE
STATE/ZIP : CA 96150
MORTGAGE AMOUNT : 333,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,502.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,333.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.16666
----------------------------------------------------------------
0 0031638059 MORTGAGORS: RESING GEORGE
THOMAS PAULA
REGION CODE ADDRESS : 4645 APTOS COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,414.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031638182 MORTGAGORS: CHASE ANDREW
CHASE ANDREA
REGION CODE ADDRESS : 1018 TREMONT ST
01 CITY : DUXBURY
STATE/ZIP : MA 02332
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,634.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,192.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.65500
----------------------------------------------------------------
0 0031638216 MORTGAGORS: ZILBERMAN OLEG
WEILER MICHELLE
REGION CODE ADDRESS : 86 MOLINO AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,731.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031638448 MORTGAGORS: BRYAN TAFT
BRYAN NANCY
REGION CODE ADDRESS : 1116 WAGON RIDGE RD
01 CITY : RALEIGH
STATE/ZIP : NC 27614
MORTGAGE AMOUNT : 327,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,259.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.80400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,722,550.00
P & I AMT: 11,878.04
UPB AMT: 1,721,483.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 213
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031638778 MORTGAGORS: HILLANBRAND THOMAS
HILLANBRAND LAURA
REGION CODE ADDRESS : 164 KNOLL DRIVE
01 CITY : COLLEGEVILLE
STATE/ZIP : PA 19426
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,773.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,580.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 75.75700
----------------------------------------------------------------
0 0031638794 MORTGAGORS: BISCOTTI LAUREN
BISCOTTI ANTHONY
REGION CODE ADDRESS : 5 ROBINWOOD ROAD
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031638802 MORTGAGORS: HAMILTON WILLIAM
BLOCK DEBRA
REGION CODE ADDRESS : 1258 BEACON STREET
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031638828 MORTGAGORS: SWAMY GITANJALI
SARMA SANJAY
REGION CODE ADDRESS : 67 HURD ROAD
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 306,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031638950 MORTGAGORS: JARMAN SCOTT
JARMAN DEBRA
REGION CODE ADDRESS : 2619 200TH AVENUE EAST
01 CITY : SUMNER
STATE/ZIP : WA 98390
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,740.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,109.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.27100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,439,000.00
P & I AMT: 9,520.10
UPB AMT: 1,438,514.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 214
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031639008 MORTGAGORS: SAKAGUCHI JAMES
SAKAGUCHI JULIE
REGION CODE ADDRESS : 3496 PASEO ANCHO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,963.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031639107 MORTGAGORS: LESS MICHAEL
LESS ANN
REGION CODE ADDRESS : 316 60TH STREET
01 CITY : BURR RIDGE
STATE/ZIP : IL 60521
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,604.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,591.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.73600
----------------------------------------------------------------
0 0031639123 MORTGAGORS: CREWS MICHAEL
CREWS KAREN
REGION CODE ADDRESS : 14943 STRAUB HILL LANE
01 CITY : CHESTERFIELD
STATE/ZIP : MO 63017
MORTGAGE AMOUNT : 325,261.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,261.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,218.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.40000
----------------------------------------------------------------
0 0031639131 MORTGAGORS: WRIGHT JAMES
WRIGHT JOAN
REGION CODE ADDRESS : 1811 EAST SUNVIEW DRIVE
01 CITY : ORANGE
STATE/ZIP : CA 92865
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,613.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031639164 MORTGAGORS: ZAMBORELLI TIMOTHY
ZAMBORELLI CYNTHIA
REGION CODE ADDRESS : 501 LE JEAN WAY
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,679,461.00
P & I AMT: 11,601.14
UPB AMT: 1,678,441.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 215
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031639206 MORTGAGORS: LEWIS TODD
O'REILLY-LEWIS MEGAN
REGION CODE ADDRESS : 70 TULIP LANE
01 CITY : PALO ALTO
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,664.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,160.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.96900
----------------------------------------------------------------
0 0031639271 MORTGAGORS: MALLEN DANIEL
MALLEN CINDY
REGION CODE ADDRESS : 331 31ST AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 276,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,444.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66200
----------------------------------------------------------------
0 0031639404 MORTGAGORS: CHARNEY DAVID
REGION CODE ADDRESS : 127 DAVENPORT DRIVE
01 CITY : YARDVILLE
STATE/ZIP : NJ 08620
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 82.22200
----------------------------------------------------------------
0 0031639461 MORTGAGORS: DEMERITT DUSTIN
DEMERITT LISA
REGION CODE ADDRESS : 12560 PORTADA PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,571.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,876.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031639545 MORTGAGORS: COOPER BRADLEY
COOPER MICHELLE
REGION CODE ADDRESS : 5020 BONNIE WAY
01 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 256,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,540,200.00
P & I AMT: 10,770.74
UPB AMT: 1,539,481.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 216
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031639628 MORTGAGORS: LONGENECKER BRIAN
LONGENECKER ELLEN
REGION CODE ADDRESS : 179 PIPERS HILL ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 354,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,230.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,448.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.91200
----------------------------------------------------------------
0 0031639644 MORTGAGORS: EDGAR JOHN
EDGAR MARY
REGION CODE ADDRESS : 13704 PRINCESS ANNE WAY
01 CITY : PHOENIX
STATE/ZIP : MD 21131
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,788.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031639651 MORTGAGORS: SHAUGNESSY WILLIAM
SHAUGNESSY MARYBETH
REGION CODE ADDRESS : 102 ST JOHNS ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 300,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.31300
----------------------------------------------------------------
0 0031639677 MORTGAGORS: PERUGINI ANTHONY
PERUGINI PATRICIA
REGION CODE ADDRESS : 6 COUNTRY CLUB ROAD
01 CITY : EASTCHESTER
STATE/ZIP : NY 10709
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,620.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,200.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.37000
----------------------------------------------------------------
0 0031639685 MORTGAGORS: DAVARPANAH HAMID
KERMANI MINA
REGION CODE ADDRESS : 4233 ALEMAN DRIVE
01 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,594.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.77700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,734,600.00
P & I AMT: 11,855.14
UPB AMT: 1,733,334.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 217
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031639768 MORTGAGORS: JONES DONALD
JONES BARBARA
REGION CODE ADDRESS : 3726 N. RANDOLPH STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,619.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,329.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031639818 MORTGAGORS: COLE LEONARD
COLE CAROLYN
REGION CODE ADDRESS : 2399 GILLINGHAM CIRCLE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,756.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031639859 MORTGAGORS: PATRICK THOMAS
SOLARCZYK-PATRICK RACHEL
REGION CODE ADDRESS : 26721 BRANDON
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031640063 MORTGAGORS: LARSON DAVID
LARSON JULIE
REGION CODE ADDRESS : 5327 BROOK BANK
01 CITY : DOWNERS GROVE
STATE/ZIP : IL 60515
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031640105 MORTGAGORS: HASLETT LAWRENCE
HASLETT CORINNE
REGION CODE ADDRESS : 5611 SONOMA ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 243,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,509.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.64700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,681,900.00
P & I AMT: 11,469.02
UPB AMT: 1,680,886.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 218
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031640170 MORTGAGORS: ZINOVIEV-WESTPHAL VICTORIA
WESTPHAL ERIC
REGION CODE ADDRESS : 172 JOCKEY HOLLOW ROAD
01 CITY : MONROE
STATE/ZIP : CT 06468
MORTGAGE AMOUNT : 246,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031640287 MORTGAGORS: SPANJERS ARNOLD
REGION CODE ADDRESS : 10738 INSPIRATION CIRCLE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 465,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,214.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
0 0031640337 MORTGAGORS: DE BENEDICTIS RICHARD
REGION CODE ADDRESS : 5449 S. RIM STREET
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 593,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 592,581.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,248.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 53.90900
----------------------------------------------------------------
0 0031640444 MORTGAGORS: SACCONE MICHAEL
SACCONE ROSANNE
REGION CODE ADDRESS : 1925 PACIFIC AVE #4
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94109
MORTGAGE AMOUNT : 526,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 526,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,677.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.09700
----------------------------------------------------------------
0 0031640469 MORTGAGORS: MALEH PAUL
MALEH KIM
REGION CODE ADDRESS : 14 BIRCH RD
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 426,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,013.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,151.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/23
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.82800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,257,500.00
P & I AMT: 15,953.78
UPB AMT: 2,256,595.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 219
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031641236 MORTGAGORS: GALEWICK VINCENT
REGION CODE ADDRESS : 440 NORTH EQUESTRIAN DRIVE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 702,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 701,479.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,908.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 36.94700
----------------------------------------------------------------
0 0031641244 MORTGAGORS: STEPPAT LARRY
STEPPAT ANA
REGION CODE ADDRESS : 8730 GLENIRA AVENUE
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.55200
----------------------------------------------------------------
0 0031641293 MORTGAGORS: SLUSAREK JAMES
SLUSAREK JOY
REGION CODE ADDRESS : 214 SPRUCE STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19106
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031641392 MORTGAGORS: MARCUS DENNIS
MARCUS RONDA
REGION CODE ADDRESS : 576 FIRESTONE PLACE
01 CITY : MARTINEZ
STATE/ZIP : GA 30907
MORTGAGE AMOUNT : 429,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,931.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.52000
----------------------------------------------------------------
0 0031641400 MORTGAGORS: AHMAD KHALID
AHMAD VERONICA
REGION CODE ADDRESS : 884 PUESTA DEL SOL
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,764.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,060.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.89000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,053,700.00
P & I AMT: 14,207.80
UPB AMT: 2,052,720.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 220
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031641467 MORTGAGORS: YAMADA FRANK
YAMADA EDNA
REGION CODE ADDRESS : 2312 VIA RIVERA
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 432,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,470.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,989.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031641590 MORTGAGORS: LEBLANC PHILIP
LEBLANC NOREEN
REGION CODE ADDRESS : 3 WARWICK CIRCLE
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.09500
----------------------------------------------------------------
0 0031641673 MORTGAGORS: DANSKIN SAMUEL
DANSKIN KATHERINE
REGION CODE ADDRESS : 23 DUNLIN LANE
01 CITY : ALISO VIEJO
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 347,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,135.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,399.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031641756 MORTGAGORS: ATHIS FRANK
BUCHANAN DONNA
REGION CODE ADDRESS : 1164 KATELLA STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,723.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,250.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.58800
----------------------------------------------------------------
0 0031641889 MORTGAGORS: CORRIGAN TIMOTHY
REGION CODE ADDRESS : 8 SUNRISE DRIVE
01 CITY : AVON
STATE/ZIP : CT 06001
MORTGAGE AMOUNT : 294,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,843,500.00
P & I AMT: 12,589.11
UPB AMT: 1,842,629.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 221
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031641954 MORTGAGORS: JOERGENS LISA
WHALEN MICHELE
REGION CODE ADDRESS : 161 WATCHUNG AVENUE
01 CITY : CHATHAM BOROUGH
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031642002 MORTGAGORS: KALISH ROBERT
KALISH SUSAN
REGION CODE ADDRESS : 177 VALENTINE STREET
01 CITY : NEWTON
STATE/ZIP : MA 02465
MORTGAGE AMOUNT : 382,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.19500
----------------------------------------------------------------
0 0031642093 MORTGAGORS: ESPIRITU ANTHONY
ESPIRITU KRISTIN
REGION CODE ADDRESS : 1858 WALNUT DRIVE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 489,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,646.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,461.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.98500
----------------------------------------------------------------
0 0031642143 MORTGAGORS: MANGIBIN JUNIUS
MANGIBIN LUZVIMINDA
REGION CODE ADDRESS : 74 EDGEMAR STREET
01 CITY : DALY CITY
STATE/ZIP : CA 94014
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.20800
----------------------------------------------------------------
0 0031642168 MORTGAGORS: JOHNSON KURT
JOHNSON DEBRA
REGION CODE ADDRESS : 39220 CALLE CONEJO
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 296,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,686,100.00
P & I AMT: 11,803.45
UPB AMT: 1,685,746.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 222
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031642184 MORTGAGORS: WELLES ROBERT
REGION CODE ADDRESS : 4395 MAYPAN DR
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,519.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031642267 MORTGAGORS: BOSLEY SIMON
BIANCHI ALMARINA
REGION CODE ADDRESS : 37532 SUMMER HOLLY COMMON
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 304,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,911.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,050.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99510
----------------------------------------------------------------
0 0031642416 MORTGAGORS: MURDY WILLIAM
MURDY MARY
REGION CODE ADDRESS : 5110 SAN FELIPE #363 W
01 CITY : HOUSTON
STATE/ZIP : TX 77056
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,687.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.79400
----------------------------------------------------------------
0 0031642473 MORTGAGORS: GAUDUTIS DONALD
GEORGE MARLEEN
REGION CODE ADDRESS : 12531 RIDGEGATE DRIVE
01 CITY : HERNDON
STATE/ZIP : VA 20170
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.71000
----------------------------------------------------------------
0 0031642556 MORTGAGORS: HARVEY MARK
REGION CODE ADDRESS : 715 LEYLAND DRIVE
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,814.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,542,150.00
P & I AMT: 10,620.22
UPB AMT: 1,540,933.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 223
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031642739 MORTGAGORS: BENBOW ANDREW
BENBOW ANNE
REGION CODE ADDRESS : 94 GRAND PAVILION BOULEVARD
01 CITY : ISLE OF PALMS
STATE/ZIP : SC 29451
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,769.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031642747 MORTGAGORS: BERINGER GEOFFREY
BERINGER DANA
REGION CODE ADDRESS : 55 ROTON AVENUE
01 CITY : NORWALK (ROWAYTON)
STATE/ZIP : CT 06853
MORTGAGE AMOUNT : 431,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,089.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031642788 MORTGAGORS: PETERS EDWARD
REGION CODE ADDRESS : 2450 ARMSTRONG AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 275,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,085.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.96700
----------------------------------------------------------------
0 0031642804 MORTGAGORS: MILLER STEPHEN
ROOK MARY
REGION CODE ADDRESS : 7724 EMERSON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,807.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.71400
----------------------------------------------------------------
0 0031642861 MORTGAGORS: LYNCH PATRICK
LYNCH PENNY
REGION CODE ADDRESS : 7051 ARGONNE BLVD
01 CITY : NEW ORLEANS
STATE/ZIP : LA 70124
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.63900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,581,500.00
P & I AMT: 11,005.32
UPB AMT: 1,580,616.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 224
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031642960 MORTGAGORS: EDELSTEIN BARRY
EDELSTEIN BROOKE
REGION CODE ADDRESS : 1100 GREEN VALLEY ROAD
01 CITY : BRYN MAHR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.81800
----------------------------------------------------------------
0 0031643018 MORTGAGORS: OVAL JOHN
OVAL MICHELLE
REGION CODE ADDRESS : 460 C AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 42.85700
----------------------------------------------------------------
0 0031643059 MORTGAGORS: GREEN ANDREW
GREEN AMY
REGION CODE ADDRESS : 22 KEENE STREET
01 CITY : PROVIDENCE
STATE/ZIP : RI 02906
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.86900
----------------------------------------------------------------
0 0031643091 MORTGAGORS: BERENGUER MARIA
SORGE HEINZ
REGION CODE ADDRESS : 49 SANDY HOLLOW ROAD
01 CITY : PORT WASHINGTON
STATE/ZIP : NY 11050
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031643190 MORTGAGORS: SHIH ANDREW
SHIH VICTORIA
REGION CODE ADDRESS : 16 FLINTLOCK ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.11570
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,809,250.00
P & I AMT: 12,369.06
UPB AMT: 1,809,020.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 225
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031643240 MORTGAGORS: KENT SHANE
REGION CODE ADDRESS : 112 BAINBRIDGE STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19147
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,652.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031643257 MORTGAGORS: DWYER RAYMOND
DWYER BRIGITTE
REGION CODE ADDRESS : 37550 VIA ELDORADO
01 CITY : TEMECULA AREA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,750.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.09700
----------------------------------------------------------------
0 0031643299 MORTGAGORS: VAN CATHERINE
REGION CODE ADDRESS : 660 SOUTH ABERDEEN STREET
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,007.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,024.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031643307 MORTGAGORS: RICCI LOUIS
RICCI LAURA
REGION CODE ADDRESS : 2 GRIZZLY BEAR CIRCLE
01 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031643406 MORTGAGORS: GOLDMAN JACOB
GOLDMAN GERTRUD
REGION CODE ADDRESS : 22 RIMANI DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,801.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.15000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,504,700.00
P & I AMT: 10,436.20
UPB AMT: 1,504,060.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 226
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031643562 MORTGAGORS: HAYSLETT DAVID
HAYSLETT JANET
REGION CODE ADDRESS : 1083 LAUREL LANE
01 CITY : PEBBLE BEACH
STATE/ZIP : CA 93953
MORTGAGE AMOUNT : 403,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,783.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.08600
----------------------------------------------------------------
0 0031643729 MORTGAGORS: SHNEIDERMAN AMIRAM
SHNEIDERMAN REBECCA
REGION CODE ADDRESS : 72 STRAND, #2
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 294,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,675.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.90800
----------------------------------------------------------------
0 0031643737 MORTGAGORS: SCOTT WILLIAM
SCOTT HILARY
REGION CODE ADDRESS : 6203 PARK ROAD
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 248,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,051.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,672.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.56700
----------------------------------------------------------------
0 0031643786 MORTGAGORS: KRAVETS SERGEI
MAJKA-KRAVETS ZDZISLAWA
REGION CODE ADDRESS : 24132 W ROYAL WORLINGTON
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,731.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,827.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 83.87096
----------------------------------------------------------------
0 0031643794 MORTGAGORS: MAASS JAMES
REGION CODE ADDRESS : 27102 CALLE DEL CID
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,963.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,068.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,639,350.00
P & I AMT: 11,388.88
UPB AMT: 1,638,422.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 227
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031643844 MORTGAGORS: ASTA JOSEPH
ASTA CINDY
REGION CODE ADDRESS : 21 CARRIAGE TRAIL
01 CITY : MONTGOMERY TWNSHP.
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 300,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,393.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031643919 MORTGAGORS: TIRRITO JOHN
TIRRITO JOANNE
REGION CODE ADDRESS : 7 CHESTNUT PARK COURT
01 CITY : NEW CITY
STATE/ZIP : NY 10956
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031643927 MORTGAGORS: BALES RANDLE
BALES BONNIE
REGION CODE ADDRESS : 7430 SILVER PINE DRIVE
01 CITY : SPRINGFIELD
STATE/ZIP : VA 22153
MORTGAGE AMOUNT : 270,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031644073 MORTGAGORS: VIGIL HENRY
REGION CODE ADDRESS : 39101 NORTHEAST HOOD CANAL DRIVE
01 CITY : HANSVILLE
STATE/ZIP : WA 98340
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,701.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,612.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.92307
----------------------------------------------------------------
0 0031644115 MORTGAGORS: HERINGES JOSEPH
HERINGES KIMBERLY
REGION CODE ADDRESS : 753 VIA VAQUERO
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,475,150.00
P & I AMT: 10,170.87
UPB AMT: 1,474,442.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 228
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031644339 MORTGAGORS: DESMOND ANGELA
REGION CODE ADDRESS : 4439 WESTOVER PLACE
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,724.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031644453 MORTGAGORS: KANE ANNE
REGION CODE ADDRESS : 18 MERION ROAD
01 CITY : MERION
STATE/ZIP : PA 19066
MORTGAGE AMOUNT : 264,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,503.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,850.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031644628 MORTGAGORS: EDGREN CHRISTOPHER
EDGREN AMI
REGION CODE ADDRESS : 9 INDIAN MEADOW DRIVE
01 CITY : NORTHBOROUGH
STATE/ZIP : MA 01532
MORTGAGE AMOUNT : 234,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031644677 MORTGAGORS: GLICKMAN MITCHELL
GLICKMAN KERRI
REGION CODE ADDRESS : 3834 PERHAM DRIVE
01 CITY : CULVER CITY
STATE/ZIP : CA 90232
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,800.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.82400
----------------------------------------------------------------
0 0031644792 MORTGAGORS: LILIENFELD ARMIN
LILIENFELD CHRISTINE
REGION CODE ADDRESS : 29 WALLIS ROAD
01 CITY : BROOKLINE
STATE/ZIP : MA 02167
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.34700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,417,600.00
P & I AMT: 9,657.21
UPB AMT: 1,416,928.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 229
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031644800 MORTGAGORS: CUNNINGHAM KEVIN
CUNNINGHAM JENNIFER
REGION CODE ADDRESS : 100 (LOT 15) OVERLOOK DRIVE
01 CITY : GROTON
STATE/ZIP : MA 01450
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.04800
----------------------------------------------------------------
0 0031645252 MORTGAGORS: KOSHY MATHEW
MATHEW MERCIE
REGION CODE ADDRESS : 5 DESIREE COURT
01 CITY : BEDMINSTER
STATE/ZIP : NJ 07921
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0031645336 MORTGAGORS: RUFO PAUL
GAULI-RUFO LORRAINE
REGION CODE ADDRESS : 78 ELMWOOD ROAD
01 CITY : CEDAR GROVE
STATE/ZIP : NJ 07009
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031645344 MORTGAGORS: ADELSOHN HERMAN
ADELSOHN SUZANNE
REGION CODE ADDRESS : 2505 HARRIMAN LANE UNIT "A"
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,764.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,300.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 82.27800
----------------------------------------------------------------
0 0031645450 MORTGAGORS: PIZZO PHILLIP
PIZZO MARGARET
REGION CODE ADDRESS : 5 CATLIN ROAD
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 647,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,525.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,007,250.00
P & I AMT: 13,941.06
UPB AMT: 2,007,014.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 230
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031645484 MORTGAGORS: COHN MICHAEL
COHN LORI
REGION CODE ADDRESS : 2 FOX HILL DRIVE WEST
01 CITY : WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031645583 MORTGAGORS: MOSTYN WILLIAM
MOSTYN SANDRA
REGION CODE ADDRESS : 52 VINCENT DRIVE
01 CITY : MARSHFIELD
STATE/ZIP : MA 02050
MORTGAGE AMOUNT : 280,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.63000
----------------------------------------------------------------
0 0031645658 MORTGAGORS: PFISTER MICHAEL
CUNNINGHAM-PFISTER JANET
REGION CODE ADDRESS : 515 MEADOW LANE
01 CITY : KING OF PRUSSIA
STATE/ZIP : PA 19406
MORTGAGE AMOUNT : 268,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,174.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.98600
----------------------------------------------------------------
0 0031645666 MORTGAGORS: BASS ANDREW
BASS HELAINE
REGION CODE ADDRESS : 44 SLOCUM CRESCENT
01 CITY : FOREST HILLS
STATE/ZIP : NY 11375
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,769.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.44400
----------------------------------------------------------------
0 0031645740 MORTGAGORS: SMITH CLIFFORD
SMITH BARBARA
REGION CODE ADDRESS : 239 GREAT PLAIN AVENUE
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,487,700.00
P & I AMT: 10,224.68
UPB AMT: 1,487,243.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 231
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031645765 MORTGAGORS: AZIZIAN ROBBI
AZIZIAN DAVOUD
REGION CODE ADDRESS : 2006 CAMDEN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,787.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.13000
----------------------------------------------------------------
0 0031645831 MORTGAGORS: COX GARY
COX DANIELLE
REGION CODE ADDRESS : 4501 WAYNE ROAD
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 474,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 473,648.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,314.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.92300
----------------------------------------------------------------
0 0031645880 MORTGAGORS: ULIAN THOMAS
ULIAN LAURETTE
REGION CODE ADDRESS : 19 GRAYSTONE LANE
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 840,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 840,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,588.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------
0 0031645906 MORTGAGORS: MORRISON ROBERT
MORRISON AMY
REGION CODE ADDRESS : 3729 LANDA STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.21000
----------------------------------------------------------------
0 0031645930 MORTGAGORS: VAUGHN SHARON
FERRONE STEPHEN
REGION CODE ADDRESS : 220 SAVANNAH COURT
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 32.14200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,290,000.00
P & I AMT: 15,650.50
UPB AMT: 2,289,435.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 232
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031646037 MORTGAGORS: HOWE WILLIAM
HOPPE BETH
REGION CODE ADDRESS : 10 ROBINSON STREET
01 CITY : DARIEN,
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 468,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,452.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,277.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031646086 MORTGAGORS: WILD JOHN
REDMOND KATHLEEN
REGION CODE ADDRESS : 202 WATERSIDE DRIVE
01 CITY : N FALMOUTH
STATE/ZIP : MA 02536
MORTGAGE AMOUNT : 363,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,930.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,539.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031646110 MORTGAGORS: KASHCHY JOHN
KASHCHY FRANCINE
REGION CODE ADDRESS : 5133 BRENTWOOD FARM DRIVE
01 CITY : FAIRFAX
STATE/ZIP : VA 22030
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,592.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031646201 MORTGAGORS: CONROY DAVID
REGION CODE ADDRESS : 4N157 FOX MILL BOULEVARD
01 CITY : ST. CHARLES
STATE/ZIP : IL 60175
MORTGAGE AMOUNT : 265,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,697.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,836.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.20500
----------------------------------------------------------------
0 0031646284 MORTGAGORS: HARTZ ROBERT
HARTZ SHELLEY
REGION CODE ADDRESS : 7 BARON WAY
01 CITY : LITTLETON
STATE/ZIP : MA 01460
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.46666
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,596,500.00
P & I AMT: 10,994.35
UPB AMT: 1,595,680.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 233
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031646466 MORTGAGORS: CHAPPEL ROSS
CHAPPEL KAREN
REGION CODE ADDRESS : 5902 MADRA AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92120
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031646482 MORTGAGORS: DAVIS BRETT
DAVIS JANICE
REGION CODE ADDRESS : 10104 WEATHERWOOD COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,657.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,883.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.51700
----------------------------------------------------------------
0 0031646540 MORTGAGORS: JACKSON BARRY
JACKSON DOROTHY
REGION CODE ADDRESS : 20 WYNDMOOR DRIVE
01 CITY : MORRIS TOWNSHIP
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
0 0031646565 MORTGAGORS: MERKLINGER JOHN
MERKLINGER KAREN
REGION CODE ADDRESS : 90 LAMBART DRIVE
01 CITY : SPARTA
STATE/ZIP : NJ 07871
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,595.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031646698 MORTGAGORS: DUDA JAMES
WATERS SUSAN
REGION CODE ADDRESS : 3147 FERNCREEK LANE
01 CITY : ESCONDIDO
STATE/ZIP : CA 92027
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,386.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,543,600.00
P & I AMT: 10,486.29
UPB AMT: 1,543,044.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 234
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031646763 MORTGAGORS: HEBERLE MICHAEL
HEBERLE SARAH
REGION CODE ADDRESS : 14013 EAGLE CHASE CIRCLE
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 261,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
0 0031646805 MORTGAGORS: PHILLIPSON DOUGLAS
ZEIN NADA
REGION CODE ADDRESS : 14148 BAHAMA COVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.21700
----------------------------------------------------------------
0 0031646847 MORTGAGORS: ROTELLA THOMAS
ROTELLA STACEY
REGION CODE ADDRESS : 17711 CRICKET HILL DRIVE
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 243,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,050.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
0 0031646888 MORTGAGORS: GUTTENPLAN STEVEN
GUTTENPLAN KAREN
REGION CODE ADDRESS : 7516 DETWILLER DRIVE
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 415,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,802.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031646904 MORTGAGORS: DOW WILLIAM
DOW O'DINA
REGION CODE ADDRESS : 1209 PINEHURST ROAD
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,481,750.00
P & I AMT: 9,871.24
UPB AMT: 1,481,304.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 235
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031646946 MORTGAGORS: MORELAND LESTER
MORELAND DOROTHY
REGION CODE ADDRESS : 42441 JUNIPER DRIVE
01 CITY : BIG BEAR LAKE
STATE/ZIP : CA 92315
MORTGAGE AMOUNT : 485,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,349.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.35200
----------------------------------------------------------------
0 0031646961 MORTGAGORS: TAYLOR RUSSELL
TAYLOR KIMBERLY
REGION CODE ADDRESS : 10744 INSPIRATION CIRCLE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 419,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,793.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031647050 MORTGAGORS: CAVAGNERO ALFRED
CAVAGNERO LESLIE
REGION CODE ADDRESS : 4104 PORTILLA PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.94200
----------------------------------------------------------------
0 0031647076 MORTGAGORS: HEWSON JOHN
HEWSON GENEVIEVE
REGION CODE ADDRESS : 80 FAWN HILL ROAD
01 CITY : UPPER SADDLE RIVER
STATE/ZIP : NJ 07458
MORTGAGE AMOUNT : 559,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,673.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031647217 MORTGAGORS: ROTH DOUGLAS
WINIARSKI-ROTH CATHERINE
REGION CODE ADDRESS : 43406 TURNBERRY ISLE COURT
01 CITY : LEESBURG
STATE/ZIP : VA 20176
MORTGAGE AMOUNT : 356,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,671.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,435.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,121,050.00
P & I AMT: 14,273.12
UPB AMT: 2,120,531.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 236
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031647241 MORTGAGORS: VELUVOLU MADANMOHAN
RAO MALATHY
REGION CODE ADDRESS : 746 RIDGE ROAD
01 CITY : KINNELON
STATE/ZIP : NJ 07405
MORTGAGE AMOUNT : 374,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,589.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.99400
----------------------------------------------------------------
0 0031647407 MORTGAGORS: FERNANDEZ MIGUEL
FERNANDEZ JANET
REGION CODE ADDRESS : 2515 MONTCLAIRE CIRCLE
01 CITY : WESTON
STATE/ZIP : FL 33327
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,142.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,826.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.51400
----------------------------------------------------------------
0 0031647456 MORTGAGORS: BROWN JACK
BROWN DOROTHY
REGION CODE ADDRESS : 18759 MEADOWLAND COURT
01 CITY : PENN VALLEY
STATE/ZIP : CA 95946
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,701.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031647571 MORTGAGORS: WRIGHT DENNIS
REGION CODE ADDRESS : 2276 MARK WEST SPRINGS ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,768.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031647605 MORTGAGORS: DOHERTY GEORGE
DOHERTY LAUREN
REGION CODE ADDRESS : 63 CENTRE STREET
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.34000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,921,900.00
P & I AMT: 13,916.38
UPB AMT: 1,920,512.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 237
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031647647 MORTGAGORS: MATA LEONARD
MATA ANGELICA
REGION CODE ADDRESS : 458 TRAM PLACE
01 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 246,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------
0 0031647662 MORTGAGORS: FITZPATRICK PHILIP
FITZPATRICK ELYSE
REGION CODE ADDRESS : 1974 ROHN ROAD
01 CITY : ESCONDIDO
STATE/ZIP : CA 92025
MORTGAGE AMOUNT : 265,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,697.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,836.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------
0 0031648066 MORTGAGORS: DEGONIA DONALD
REGION CODE ADDRESS : 185 BURNSIDE AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,792.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.58500
----------------------------------------------------------------
0 0031648090 MORTGAGORS: GILHUYS DANIEL
GILHUYS LAURA
REGION CODE ADDRESS : 25338 BANI AVENUE
01 CITY : LOMITA
STATE/ZIP : CA 90717
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,822.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031648124 MORTGAGORS: GONZALES DON
GONZALES TAMMY
REGION CODE ADDRESS : 41 FOREST DRIVE
01 CITY : MANSFIELD
STATE/ZIP : TX 76063
MORTGAGE AMOUNT : 252,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,512.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,266,500.00
P & I AMT: 8,749.63
UPB AMT: 1,265,724.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 238
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031648140 MORTGAGORS: BALSZ DAVID
BALSZ ANGELA
REGION CODE ADDRESS : 918 AVENIDA SALVADOR
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,526.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.27200
----------------------------------------------------------------
0 0031648157 MORTGAGORS: LEE KAREN
NIEMAN ALLEN
REGION CODE ADDRESS : 10618 NORTHEAST 117TH PLACE
01 CITY : KIRKLAND
STATE/ZIP : WA 98034
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,230.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031648181 MORTGAGORS: SCANLAN JEFFREY
SCANLAN KARIN
REGION CODE ADDRESS : 2901 70TH AVENUE SOUTHEAST
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,712.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.92400
----------------------------------------------------------------
0 0031648256 MORTGAGORS: CUNEO MICHAEL
CUNEO SHERRELL
REGION CODE ADDRESS : 2330 N EDGEMONT STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90027
MORTGAGE AMOUNT : 423,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,756.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,886.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031648280 MORTGAGORS: RHI SANG
RHI HAE
REGION CODE ADDRESS : 30 BREGMORE AISLE
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 346,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,142.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,422.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,793,100.00
P & I AMT: 12,204.57
UPB AMT: 1,789,368.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 239
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031648355 MORTGAGORS: SIBIK LARRY
LINSE JILL
REGION CODE ADDRESS : 5894 OTTER RIDGE CIRCLE
01 CITY : WHITE BEAR TOWNSHIP
STATE/ZIP : MN 55110
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031648363 MORTGAGORS: ROBINSON JOHN
REGION CODE ADDRESS : 105 WRIGHTS CIRCLE
01 CITY : NORTH WALES
STATE/ZIP : PA 19454
MORTGAGE AMOUNT : 285,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,221.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.95700
----------------------------------------------------------------
0 0031648694 MORTGAGORS: PICKERT LAWRENCE
PICKERT DESIREE
REGION CODE ADDRESS : 1768 KRPAN DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 284,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,138.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031648702 MORTGAGORS: WATSON MICHAEL
WATSON KAREN
REGION CODE ADDRESS : 713 SANDS WAY
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 276,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,005.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99700
----------------------------------------------------------------
0 0031648710 MORTGAGORS: MIZINSKI MICHAEL
MIZINSKI CHERYL
REGION CODE ADDRESS : 335 CANYON FALLS DRIVE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.82400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,378,100.00
P & I AMT: 9,607.45
UPB AMT: 1,377,365.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 240
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031648744 MORTGAGORS: CABURIAN EDGAR
CABURIAN AMELITA
REGION CODE ADDRESS : 11304 CHAPEL ROAD
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 288,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,189.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 93.03200
----------------------------------------------------------------
0 0031648801 MORTGAGORS: SULZER KENNETH
FERREIRA LISA
REGION CODE ADDRESS : 2928 WICKLOW ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 608,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,501.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,045.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031649239 MORTGAGORS: WITKOWSKI BRIEN
WITKOWSKI LORRAINE
REGION CODE ADDRESS : 6777 SPRING MEADOWS LANE
01 CITY : PLYMOUTH
STATE/ZIP : MI 48170
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,684.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.45200
----------------------------------------------------------------
0 0031649247 MORTGAGORS: CHUNG HYUN
CHUNG IN
REGION CODE ADDRESS : 2724 WYCKERSHAM PLACE
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 254,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,051.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031649270 MORTGAGORS: SCALERA PETER
SCALERA JANA
REGION CODE ADDRESS : 26991 CALLE ESPERANZA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.66700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,834,650.00
P & I AMT: 12,576.73
UPB AMT: 1,832,502.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 241
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031649429 MORTGAGORS: ROSTAIN ANTHONY
GOLDFARB MICHELE
REGION CODE ADDRESS : 1026 W. CLIVEDEN STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19119
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,194.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031649452 MORTGAGORS: STOOTS BRADLEY
STOOTS KIMBERLY
REGION CODE ADDRESS : 11728 S ALLEGHENY AVENUE
01 CITY : TULSA
STATE/ZIP : OK 74137
MORTGAGE AMOUNT : 276,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,094.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031649478 MORTGAGORS: BELL MITCHELL
BELL BONNIE
REGION CODE ADDRESS : 44 BLANCO
01 CITY : FOOTHILL RANCH AREA
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 308,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,015.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,129.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031649817 MORTGAGORS: REGUERO MELODIE
REGION CODE ADDRESS : 58 ASHCREST
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,765.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,472.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.94500
----------------------------------------------------------------
0 0031649866 MORTGAGORS: HILD RANDALL
HILD DEBBIE
REGION CODE ADDRESS : 2 NORTH ENCINO
01 CITY : SOUTH LAGUNA
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,869.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,398.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,755,950.00
P & I AMT: 12,126.42
UPB AMT: 1,754,145.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 242
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031649890 MORTGAGORS: HIRNEISE GERALD
HIRNEISE HOLLY
REGION CODE ADDRESS : 23952 CARAVEL PLACE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,282.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031649932 MORTGAGORS: MCDONALD DAVID
MCDONALD BARBARA
REGION CODE ADDRESS : 4504 CREEKMEADOW DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75287
MORTGAGE AMOUNT : 292,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,477.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031650062 MORTGAGORS: FELICE J.
FELICE KATHLEEN
REGION CODE ADDRESS : 297 ST. ALBANS AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,285.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.26700
----------------------------------------------------------------
0 0031650450 MORTGAGORS: LIU HAO-CHIH
PAN YU-JUNG
REGION CODE ADDRESS : 9176 MC ELWEE RIVER CIRCLE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,803.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031650476 MORTGAGORS: JAFFEE LAWRENCE
JAFFEE ARLENE
REGION CODE ADDRESS : 32395 LAKE PLEASANT DRIVE
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,725.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.80900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,514,600.00
P & I AMT: 10,478.46
UPB AMT: 1,513,691.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 243
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031650484 MORTGAGORS: BIDDLE RAY
BIDDLE DARRELYN
REGION CODE ADDRESS : 12140 SMOKIE LANE
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,819.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,582.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031650559 MORTGAGORS: MCNUTT SCOTT
MCNUTT MARIE
REGION CODE ADDRESS : 7 VANARSDALE CIRCLE
01 CITY : MILLSTONE
STATE/ZIP : NJ 08535
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.75200
----------------------------------------------------------------
0 0031650575 MORTGAGORS: PURPURA DON
REGION CODE ADDRESS : 5047 VIA ISABELLA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,705.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,578.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031650583 MORTGAGORS: MEHM EDWARD
MEHM MARGOT
REGION CODE ADDRESS : 138 CHERRY STREET
01 CITY : WENHAM
STATE/ZIP : MA 01984
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.68100
----------------------------------------------------------------
0 0031650609 MORTGAGORS: LEE DAVID
LEE JOAN
REGION CODE ADDRESS : 409 E. SCOTT PLACE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.13900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,644,000.00
P & I AMT: 11,260.39
UPB AMT: 1,643,134.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 244
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031650617 MORTGAGORS: BUNKER DANA
BUNKER LISA
REGION CODE ADDRESS : 1041 EVEREST COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,649.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,300.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031650625 MORTGAGORS: HUMMEL JOHN
HUMMEL RUTH
REGION CODE ADDRESS : 521 FINDERS WAY
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 232,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,585.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 93.10000
----------------------------------------------------------------
0 0031650765 MORTGAGORS: LOPEZ OSCAR
LOPEZ ELIZABETH
REGION CODE ADDRESS : 10219 STRONG AVENUE
01 CITY : WHITTIER AREA
STATE/ZIP : CA 90601
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,814.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031651003 MORTGAGORS: LEON MARIA
REGION CODE ADDRESS : 288 RIVERCREEK DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 238,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,214.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,626.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031651011 MORTGAGORS: HANNA JOHN
HANNA VIRGINIA
REGION CODE ADDRESS : 247 FISALIA COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,712.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,610.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.06700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,553,150.00
P & I AMT: 10,767.84
UPB AMT: 1,551,976.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 245
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031651094 MORTGAGORS: GARIBALDI MARK
REGION CODE ADDRESS : 565 CRAIG ROAD
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,529.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 54.16600
----------------------------------------------------------------
0 0031651219 MORTGAGORS: BROWN DAVID
BROWN JAYE
REGION CODE ADDRESS : 4877 JEWELL TERRACE
01 CITY : PALM HARBOR
STATE/ZIP : FL 34685
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,200.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031651276 MORTGAGORS: ROSS WARREN
ROSS TAMARA
REGION CODE ADDRESS : 20 TAFT AVENUE
01 CITY : MAYNARD
STATE/ZIP : MA 01754
MORTGAGE AMOUNT : 267,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
0 0031651359 MORTGAGORS: WEINBERGER STEPHEN
WEINBERGER CHRISTINE
REGION CODE ADDRESS : 2 CAPTAIN FORBUSH LANE
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,076.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.25000
----------------------------------------------------------------
0 0031651466 MORTGAGORS: SOLAIMANPOUR RASOOL
ZAHIRI MENRNAZ
REGION CODE ADDRESS : 5905 PISTOIA WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 429,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,304.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,114.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,906,400.00
P & I AMT: 13,474.26
UPB AMT: 1,905,434.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 246
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031651482 MORTGAGORS: COOPER KELLY
COOPER WILLIAM
REGION CODE ADDRESS : 73 POND STREET
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 46.15300
----------------------------------------------------------------
0 0031651516 MORTGAGORS: KOERBER DIRK
KOERBER HANNELORE
REGION CODE ADDRESS : 4580 POE AVE
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,581.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,798.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.34200
----------------------------------------------------------------
0 0031651532 MORTGAGORS: JORDAN ROBERT
FREEMAN NANCY
REGION CODE ADDRESS : 15 MEMEL DRIVE
01 CITY : THORNTON
STATE/ZIP : PA 19373
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.77777
----------------------------------------------------------------
0 0031651615 MORTGAGORS: ARENA DARCEY
REGION CODE ADDRESS : 1041 LINCOLN COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,604.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031651748 MORTGAGORS: LEVINE DANIEL
LEVINE MARY
REGION CODE ADDRESS : 1442 CARLTON SQUARE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 699,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 698,481.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,887.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 77.66600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,088,000.00
P & I AMT: 14,473.77
UPB AMT: 2,086,667.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 247
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031651839 MORTGAGORS: GRANUM O
GRANUM NOREEN
REGION CODE ADDRESS : 603 MARIAN SQUARE
01 CITY : OAK BROOK
STATE/ZIP : IL 60523
MORTGAGE AMOUNT : 516,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,453.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,607.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.88200
----------------------------------------------------------------
0 0031651987 MORTGAGORS: KNOOP MICHAEL
KNOOP LAURA
REGION CODE ADDRESS : 304 VAN NESTE ROAD
01 CITY : FLEMINGTON
STATE/ZIP : NJ 08822
MORTGAGE AMOUNT : 309,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,275.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,190.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.35400
----------------------------------------------------------------
0 0031652043 MORTGAGORS: LELE SURENDRA
LELE MITRA
REGION CODE ADDRESS : 21763 REGNART COURT
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 557,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 556,586.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,894.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.87400
----------------------------------------------------------------
0 0031652100 MORTGAGORS: PARK CHANG
REGION CODE ADDRESS : 12346 HIGH GLEN WAY
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,305.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,973.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031652258 MORTGAGORS: SINGLE RANDALL
REGION CODE ADDRESS : 10358 MISSISSIPPI AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 469,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,260.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,323.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,127,600.00
P & I AMT: 14,990.72
UPB AMT: 2,124,882.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 248
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031652266 MORTGAGORS: PRIMEAU CHARLES
PRIMEAU LAURIE
REGION CODE ADDRESS : 3304 YONGE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 320,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,073.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,294.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 62.19400
----------------------------------------------------------------
0 0031652308 MORTGAGORS: ZEPP ERIC
ZEPP KATRINA
REGION CODE ADDRESS : 500 PROVINE ROAD
01 CITY : MC KINNEY
STATE/ZIP : TX 75070
MORTGAGE AMOUNT : 273,207.33 OPTION TO CONVERT :
UNPAID BALANCE : 273,207.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,863.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.15600
----------------------------------------------------------------
0 0031652316 MORTGAGORS: PAPPAS NICHOLAS
PAPPAS ANNE
REGION CODE ADDRESS : 11926 WINDOM PEAK WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031652324 MORTGAGORS: POWERS WILLIAM
REGION CODE ADDRESS : 4821 LOMITAS DR
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 304,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,862.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.97000
----------------------------------------------------------------
0 0031652332 MORTGAGORS: SCHOELLER E.
SCHOELLER MARGARET
REGION CODE ADDRESS : 1436 HIDDEN MESA VIEW DR
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.46600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,447,607.33
P & I AMT: 9,934.63
UPB AMT: 1,447,144.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 249
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031652407 MORTGAGORS: KRIDLE WESLEY
KRIDLE PENNY
REGION CODE ADDRESS : 5630 AVENIDA ANTIGUA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,809.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.68200
----------------------------------------------------------------
0 0031652423 MORTGAGORS: HAUSMAN STEVE
HAUSMAN MICHELE
REGION CODE ADDRESS : 24017 ARMINTA STREET
01 CITY : WEST HILLS
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,944.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,150.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031652456 MORTGAGORS: TUCKER RICK
REGION CODE ADDRESS : 69 NORTH BRIARWOOD LANE
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,386.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031652480 MORTGAGORS: MICHAELIS W
MICHAELIS ROBIN
REGION CODE ADDRESS : 5463 LUPINE STREET
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 305,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,643.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99700
----------------------------------------------------------------
0 0031652506 MORTGAGORS: PARKS BRIAN
PARKS MARGUERITE
REGION CODE ADDRESS : 2532 14TH AVENUE WEST
01 CITY : SEATTLE
STATE/ZIP : WA 98119
MORTGAGE AMOUNT : 246,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,407.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.34300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,410,300.00
P & I AMT: 9,586.85
UPB AMT: 1,409,190.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 250
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031652621 MORTGAGORS: HONG LOI
HONG YEN
REGION CODE ADDRESS : 3352-3354-3356 WALNUT GROVE AVENUE
01 CITY : ROSEMEAD
STATE/ZIP : CA 91770
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,689.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031652639 MORTGAGORS: PHILLIPS JAMES
TOUCHSTONE PEGGY
REGION CODE ADDRESS : 828 WILADONDA DRIVE
01 CITY : LA CANADA-FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 471,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,832.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,214.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031652647 MORTGAGORS: PECKITT GUY
REGION CODE ADDRESS : 1620 LAWRENCE ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,729.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,552.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.27700
----------------------------------------------------------------
0 0031652704 MORTGAGORS: SARMIENTO MICHAEL
SARMIENTO DOLORES
REGION CODE ADDRESS : 2326 ROCK CREST GLEN
01 CITY : ESCONDIDO
STATE/ZIP : CA 92026
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,806.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.90900
----------------------------------------------------------------
0 0031652738 MORTGAGORS: SMITH EDWARD
SMITH JULIA
REGION CODE ADDRESS : 112 QUEEN STREET
01 CITY : CAPE MAY
STATE/ZIP : NJ 08204
MORTGAGE AMOUNT : 276,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,853.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,781,600.00
P & I AMT: 12,318.50
UPB AMT: 1,777,911.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 251
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031652761 MORTGAGORS: ZWINGER STEVEN
ZWINGER SUSAN
REGION CODE ADDRESS : 13957 PEQUOT DRIVE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,538.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------
0 0031652894 MORTGAGORS: JACKSON NORBERT
REGION CODE ADDRESS : 919 SOUTHERS CIRCLE
01 CITY : SUWANEE
STATE/ZIP : GA 30174
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,230.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031652944 MORTGAGORS: MYERS DAVID
MYERS DEANNE
REGION CODE ADDRESS : 2833 VIA VICTORIA
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,795.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.92000
----------------------------------------------------------------
0 0031653140 MORTGAGORS: MEHTA KAMAL
MEHTA RAJESHRI
REGION CODE ADDRESS : 5441 EMERYWOOD DRIVE
01 CITY : BUENA PARK
STATE/ZIP : CA 90621
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,273.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031653173 MORTGAGORS: HYMES LAWRENCE
HYMES ELAINE
REGION CODE ADDRESS : 4604 GLENCOE AVENUE #7
01 CITY : MARINA DEL REY AREA
STATE/ZIP : CA 90292
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,799.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.52400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,806,000.00
P & I AMT: 12,406.59
UPB AMT: 1,805,303.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 252
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031653249 MORTGAGORS: VOPARIL KURT
VOPARIL MARIA
REGION CODE ADDRESS : 784 SOUTHFIELD ROAD
01 CITY : BIRMINGHAM
STATE/ZIP : MI 48009
MORTGAGE AMOUNT : 418,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,922.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.13000
----------------------------------------------------------------
0 0031653330 MORTGAGORS: SCHLABACH KEVIN
SCHLABACH MARY
REGION CODE ADDRESS : 3331 CRANMORE CHASE
01 CITY : MARIETTA
STATE/ZIP : GA 30066
MORTGAGE AMOUNT : 301,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,675.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,110.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031653371 MORTGAGORS: GORMAN ELEANOR
REGION CODE ADDRESS : 4706 PARK ENCINO LANE UNIT 124
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,782.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031653629 MORTGAGORS: LONG DANA
HALL-LONG BETHANY
REGION CODE ADDRESS : 127 ST AUGUSTINE COURT
01 CITY : MIDDLETOWN
STATE/ZIP : DE 19709
MORTGAGE AMOUNT : 324,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,884.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,156.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------
0 0031653660 MORTGAGORS: KORNAHRENS GARY
KORNAHRENS SANDRA
REGION CODE ADDRESS : 627 GETTYSBURG
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,066.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,031.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/18
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,591,550.00
P & I AMT: 11,345.47
UPB AMT: 1,590,409.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 253
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031653686 MORTGAGORS: KRAFT EMIL
REGION CODE ADDRESS : 2848 NORTHEAST 117TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98125
MORTGAGE AMOUNT : 254,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,906.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.83100
----------------------------------------------------------------
0 0031653694 MORTGAGORS: CHAVEZ THOMAS
CHAVEZ JILL
REGION CODE ADDRESS : 358 SOUTH JENNIFER LANE
01 CITY : ORANGE
STATE/ZIP : CA 92669
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,655.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 92.94100
----------------------------------------------------------------
0 0031653876 MORTGAGORS: BOBBISH LAURY
BARANKO GEORGE
REGION CODE ADDRESS : 9404 SEVEN LOCKS ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 242,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,210.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031653918 MORTGAGORS: TUCKER JERRY
SIMPSON TERESA
REGION CODE ADDRESS : 10687 CELEO LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031654015 MORTGAGORS: MARTELLA BENJAMIN
MARTELLA MARY
REGION CODE ADDRESS : 160 ARBOR LANE
01 CITY : MOSS BEACH
STATE/ZIP : CA 94038
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,705.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,672.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,450,100.00
P & I AMT: 10,035.47
UPB AMT: 1,449,078.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 254
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654098 MORTGAGORS: KLASHMAN DAVID
NORRIS WENDY
REGION CODE ADDRESS : 28631 QUAILHILL DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90745
MORTGAGE AMOUNT : 386,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,512.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,704.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.93800
----------------------------------------------------------------
0 0031654106 MORTGAGORS: MCDERMOTT MARGARET
REGION CODE ADDRESS : 39 COVE ROAD
01 CITY : BELVEDERE
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 501,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 501,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,462.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.13793
----------------------------------------------------------------
0 0031654148 MORTGAGORS: BASSOK YEHUDA
BASSOK MARIA
REGION CODE ADDRESS : 2238 12TH AVENUE W
01 CITY : SEATTLE
STATE/ZIP : WA 98119
MORTGAGE AMOUNT : 316,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,242.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.54100
----------------------------------------------------------------
0 0031654189 MORTGAGORS: SALIGMAN MARTIN
SALIGMAN SHEELAGH
REGION CODE ADDRESS : 3469 MCLAUGHLIN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,758.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,107.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.02700
----------------------------------------------------------------
0 0031654197 MORTGAGORS: LAKE CHARLES
DOMENICI-LAKE PAULA
REGION CODE ADDRESS : 4411 N. 19TH STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,932.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,865,050.00
P & I AMT: 12,942.46
UPB AMT: 1,864,254.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 255
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654262 MORTGAGORS: O'SHEA JAMES
KIM MICHELLE
REGION CODE ADDRESS : 5305 RUETTE DE MER
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 354,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,730.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,445.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.12900
----------------------------------------------------------------
0 0031654353 MORTGAGORS: ROBERTSON DAVID
ROBERTSON LISA
REGION CODE ADDRESS : 2373 EMERSON STREET
01 CITY : SUMMERLAND
STATE/ZIP : CA 93067
MORTGAGE AMOUNT : 372,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,930.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.62300
----------------------------------------------------------------
0 0031654361 MORTGAGORS: WHITE DAVID
SHAW LAUREN
REGION CODE ADDRESS : 3906 PEARCE ROAD
01 CITY : AUSTIN
STATE/ZIP : TX 78730
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.88100
----------------------------------------------------------------
0 0031654395 MORTGAGORS: KOTANI SHUNZO
KOTANI AKEMI
REGION CODE ADDRESS : 1940 VETERAN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 341,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,953.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,415.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 69.63200
----------------------------------------------------------------
0 0031654437 MORTGAGORS: YAZDAN FRED
YAZDAN SIMIN
REGION CODE ADDRESS : 58 FEATHER RIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 315,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,353.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.99400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,653,000.00
P & I AMT: 11,512.19
UPB AMT: 1,651,762.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 256
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654569 MORTGAGORS: NARDILLA JOYCE
NARDILLA GARY
REGION CODE ADDRESS : 6 SOUNDCREST LANE
01 CITY : LLOYD NECK
STATE/ZIP : NY 11743
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,426.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.59200
----------------------------------------------------------------
0 0031654627 MORTGAGORS: HISS ROBERT
RIFFE MARY
REGION CODE ADDRESS : 273 ADAMS STREET
01 CITY : MILTON
STATE/ZIP : MA 02186
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.84000
----------------------------------------------------------------
0 0031654650 MORTGAGORS: ABBETT JOHN
RESNICK WENDY
REGION CODE ADDRESS : 1605 BAYWINDS LANE
01 CITY : SARASOTA
STATE/ZIP : FL 34231
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.18100
----------------------------------------------------------------
0 0031654668 MORTGAGORS: SHIM JAMES
SHIM SUN
REGION CODE ADDRESS : 841 CLARION DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 382,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,716.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,671.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.21400
----------------------------------------------------------------
0 0031654676 MORTGAGORS: GARDNER SCOTT
GARDNER SHERRY
REGION CODE ADDRESS : 5304 GETHA LANE
01 CITY : SACHSE
STATE/ZIP : TX 75048
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,815.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.23300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,045,000.00
P & I AMT: 14,059.67
UPB AMT: 2,044,532.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 257
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654692 MORTGAGORS: MITCHELL ROBERT
REGION CODE ADDRESS : 882 NORTH BROOKSHADE PARKWAY
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,768.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.29300
----------------------------------------------------------------
0 0031654734 MORTGAGORS: EVERETT MARK
REGION CODE ADDRESS : 2258 TALMADGE STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90027
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031654783 MORTGAGORS: CAMPBELL CHRISTINE
STONE PENELOPE
REGION CODE ADDRESS : 3418 EAST HOWELL STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98122
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031654825 MORTGAGORS: ARREQUIN JOHN
ARREQUIN CARMEN
REGION CODE ADDRESS : 4645 FARREY PINES DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,002.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99300
----------------------------------------------------------------
0 0031654833 MORTGAGORS: ORLER ANTHONY
ORLER KIRSTEN
REGION CODE ADDRESS : 22514 LINDA DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 379,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,889.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,522.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,539,400.00
P & I AMT: 10,458.53
UPB AMT: 1,538,187.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 258
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654858 MORTGAGORS: SNYDER DANIEL
SNYDER JULIE
REGION CODE ADDRESS : 9424 CHARRICK DRIVE
01 CITY : TUJUNGA AREA
STATE/ZIP : CA 91042
MORTGAGE AMOUNT : 268,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,650.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031654866 MORTGAGORS: LYON ERIC
LYON ANNETTE
REGION CODE ADDRESS : 5585 EAST SEASIDE WALK
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,681.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,783.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.98100
----------------------------------------------------------------
0 0031654874 MORTGAGORS: LEE JAMES
LEE JOSHUA
REGION CODE ADDRESS : 142 N LUCERNE BOULEVARD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90004
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,268.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,261.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031654882 MORTGAGORS: CANNADY PHILLIP
CANNADY DENA
REGION CODE ADDRESS : 4985 BIXLER ROAD
01 CITY : BYRON
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,285.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.52700
----------------------------------------------------------------
0 0031654890 MORTGAGORS: BUFFINGTON CARLA
REGION CODE ADDRESS : 4827 HARBORD DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,782.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.79400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,571,850.00
P & I AMT: 10,927.31
UPB AMT: 1,570,668.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 259
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031654916 MORTGAGORS: DEWITT MICHAEL
REGION CODE ADDRESS : 285 MONROE STREET
01 CITY : DENVER
STATE/ZIP : CO 80206
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 584,543.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,990.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.24100
----------------------------------------------------------------
0 0031654957 MORTGAGORS: REAK DAVID
REAK LAURA
REGION CODE ADDRESS : 26031 N PALOMINO TRAIL
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,443.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031654973 MORTGAGORS: MARTINEZ JESSE
MARTINEZ CHRISTINA
REGION CODE ADDRESS : 1990 SAN JUAN ROAD
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,794.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031655087 MORTGAGORS: CROMPTON JOHN
REGION CODE ADDRESS : 411 CARMEL AVENUE
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 379,270.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,951.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,491.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031655103 MORTGAGORS: SCHRAM JEFFREY
SCHRAM ANDREA
REGION CODE ADDRESS : 3722 THUNDER WAY
01 CITY : MARIETTA
STATE/ZIP : GA 30066
MORTGAGE AMOUNT : 281,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,424.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,897.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,881,920.00
P & I AMT: 12,624.54
UPB AMT: 1,880,713.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 260
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031655293 MORTGAGORS: WOODS DANIEL
WOODS LESLIE
REGION CODE ADDRESS : 1837 CASTILLO COURT
01 CITY : SAN LUIS OBISPO
STATE/ZIP : CA 93405
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,201.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,919.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031655301 MORTGAGORS: BENFIELD STEVEN
BENFIELD LEANNE
REGION CODE ADDRESS : 1007 LANSFAIRE CROSSING
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 232,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,568.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,587.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031655392 MORTGAGORS: LAM SAM
MOMTAZI SARA
REGION CODE ADDRESS : 19 DEL SONTERRA
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,823.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031655590 MORTGAGORS: BENNETT DAVID
BENNETT LAURA
REGION CODE ADDRESS : 1490 NORTHWOODS CIRCLE
01 CITY : DEERFIELD
STATE/ZIP : IL 60015
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.60200
----------------------------------------------------------------
0 0031655665 MORTGAGORS: HECHT ROBERT
HECHT MICHELE
REGION CODE ADDRESS : 15 MESA RD
01 CITY : SYOSSETT
STATE/ZIP : NY 11791
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,813.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.94100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,413,250.00
P & I AMT: 9,905.02
UPB AMT: 1,412,406.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 261
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031655889 MORTGAGORS: JONES ROBERT
JONES CHRISTINE
REGION CODE ADDRESS : 211 BARNESTON ROAD
01 CITY : GLENMOORE
STATE/ZIP : PA 19345
MORTGAGE AMOUNT : 239,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,721.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031656028 MORTGAGORS: SMITH RICK
SMITH RENEE
REGION CODE ADDRESS : 140 MARIE LOUISE LANE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,537.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,165.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656085 MORTGAGORS: YOUNG KEVIN
YOUNG ROSE
REGION CODE ADDRESS : 1433 STERLING ROAD
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,716.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,774.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656093 MORTGAGORS: CHASSE JEFFREY
CHASSE KRYSTYNA
REGION CODE ADDRESS : 6033 ASHLEY COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,800.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.55200
----------------------------------------------------------------
0 0031656101 MORTGAGORS: HENDERSON RICHARD
HENDERSON VICTORIA
REGION CODE ADDRESS : 12855 CAMINITO DE LAS OLAS
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 301,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,776.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,104.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.53000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,645,900.00
P & I AMT: 11,399.48
UPB AMT: 1,644,553.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 262
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031656135 MORTGAGORS: AMMONS SONNY
AMMONS LENARD
REGION CODE ADDRESS : 2416 PING DRIVE
01 CITY : HENDERSON
STATE/ZIP : NV 89014
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,807.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0031656234 MORTGAGORS: PRENTICE JERALD
REGION CODE ADDRESS : 534 VALLEY STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 316,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,359.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,186.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.28900
----------------------------------------------------------------
0 0031656267 MORTGAGORS: PAYNE JAMES
REGION CODE ADDRESS : 212 SPYGLASS DRIVE
01 CITY : COPPELL
STATE/ZIP : TX 75019
MORTGAGE AMOUNT : 283,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,879.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031656499 MORTGAGORS: THEIN PETER
REGION CODE ADDRESS : 27457 HIDDEN COVE ROAD
01 CITY : COLD SPRINGS
STATE/ZIP : MN 55230
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,766.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656523 MORTGAGORS: WRENCH CAROLYNN
WRENCH STEPHEN
REGION CODE ADDRESS : 8801 162ND LANE NW
01 CITY : RAMSEY
STATE/ZIP : MN 55303
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,503,700.00
P & I AMT: 10,274.63
UPB AMT: 1,502,811.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 263
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031656598 MORTGAGORS: BROWN ERIC
BROWN LISA
REGION CODE ADDRESS : 21 TUBWRECK DRIVE
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,569.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656622 MORTGAGORS: CROSS WARREN
CROSS DAWN
REGION CODE ADDRESS : 3708 LAKE TERRACE DRIVE
01 CITY : ELK GROVE
STATE/ZIP : CA 95758
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,678.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.97795
----------------------------------------------------------------
0 0031656630 MORTGAGORS: BACH DAVID
BACH KELLY
REGION CODE ADDRESS : 17754 STEADING ROAD
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55347
MORTGAGE AMOUNT : 253,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.32600
----------------------------------------------------------------
0 0031656739 MORTGAGORS: DE ROSA ANTHONY
DE ROSA MARIANNE
REGION CODE ADDRESS : 280 CAMBRIDGE ROAD
01 CITY : HILLSDALE
STATE/ZIP : NJ 07642
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656754 MORTGAGORS: DAIGNEAU PHILLIP
DAIGNEAU SANDRA
REGION CODE ADDRESS : 614 VALLEY DRIVE
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,414,950.00
P & I AMT: 9,595.81
UPB AMT: 1,414,404.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 264
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031656804 MORTGAGORS: SAUER MARK
SAUER VICTORIA
REGION CODE ADDRESS : 4634 BUTTE ROAD
01 CITY : RICHMOND
STATE/ZIP : VA 23235
MORTGAGE AMOUNT : 496,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 495,641.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,510.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656978 MORTGAGORS: BALLANTINE PERCY
REGION CODE ADDRESS : 181 THREE MILE ROAD
01 CITY : HANOVER
STATE/ZIP : NH 03755
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,673.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,076.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031656986 MORTGAGORS: BANAT PETER
BANAT HELENA
REGION CODE ADDRESS : 19 WINDING BROOK DRIVE
01 CITY : STRATHAM
STATE/ZIP : NH 03885
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,735.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.47300
----------------------------------------------------------------
0 0031657067 MORTGAGORS: RAWLINS DANIEL
RAWLINS LORI
REGION CODE ADDRESS : 725 AVE B
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,771.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.07600
----------------------------------------------------------------
0 0031657133 MORTGAGORS: ESTACIO RAYMOND
YASUI ROBIN
REGION CODE ADDRESS : 2309 ASH STREET
01 CITY : DENVER
STATE/ZIP : CO 80207
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,712.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,993,000.00
P & I AMT: 13,831.46
UPB AMT: 1,991,798.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 265
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031657141 MORTGAGORS: CENTONZE CAROL
BOBBY LISA
REGION CODE ADDRESS : 52 CHERI LANE
01 CITY : FAIRFIELD
STATE/ZIP : NJ 07004
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,798.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.06700
----------------------------------------------------------------
0 0031657174 MORTGAGORS: PATEL BHARET
PATEL DEEPTIKA
REGION CODE ADDRESS : 2450 RIDGEWAY ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,648.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031657190 MORTGAGORS: LEE KELVIN
LEE GISELE
REGION CODE ADDRESS : 11746 WOODBINE STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,818.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031657224 MORTGAGORS: EMRICH RICHARD
EMRICH MARY
REGION CODE ADDRESS : 351 LAUREL LANE
01 CITY : HAVERFORD
STATE/ZIP : PA 19041
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,690.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031657257 MORTGAGORS: MA JING
REGION CODE ADDRESS : 19300 EMPTY SADDLE ROAD
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,770.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,000.00
P & I AMT: 11,141.92
UPB AMT: 1,630,726.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 266
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031657265 MORTGAGORS: AYERS M
AYERS KARA
REGION CODE ADDRESS : 11798 ALDERBROOK STREET
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 260,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,551.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------
0 0031657273 MORTGAGORS: PHELAN SEAN
PHELAN MARGARET
REGION CODE ADDRESS : 5005 RAVENSWORTH ROAD
01 CITY : ANNANDALE
STATE/ZIP : VA 22003
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,783.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.04600
----------------------------------------------------------------
0 0031657281 MORTGAGORS: EHRET PATRICK
EHRET LORI
REGION CODE ADDRESS : 705 E. HARTWELL AVENUE A/K/A LANE
01 CITY : WYNDMOOR
STATE/ZIP : PA 19038
MORTGAGE AMOUNT : 263,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031657323 MORTGAGORS: SPIVA STEVE
SPIVA CHRISTINE
REGION CODE ADDRESS : 4 ASHLAND WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 320,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,269.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 61.06600
----------------------------------------------------------------
0 0031657505 MORTGAGORS: CROCKETT LEE
SCHNITMAN HARRIET
REGION CODE ADDRESS : 20 WALNUT ROAD
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 524,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,559.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,442.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,652,600.00
P & I AMT: 11,314.65
UPB AMT: 1,651,745.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 267
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031657562 MORTGAGORS: SHORT SHARON
REGION CODE ADDRESS : 4641 SEQUOYAH ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94605
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,243.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031657612 MORTGAGORS: TAMOR RICHARD
TAMOR JOVITA
REGION CODE ADDRESS : 318 ANDERSON ROAD
01 CITY : ALAMEDA
STATE/ZIP : CA 94502
MORTGAGE AMOUNT : 355,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,336.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.91000
----------------------------------------------------------------
0 0031657620 MORTGAGORS: CHAPLEAU MARK
CHAPLEAU JULIE
REGION CODE ADDRESS : 29 CHRISTOPHER DRIVE
01 CITY : GRAFTON
STATE/ZIP : MA 01519
MORTGAGE AMOUNT : 259,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98100
----------------------------------------------------------------
0 0031657703 MORTGAGORS: FRIEDMAN BRADLEY
REGION CODE ADDRESS : 3624 BELL AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 331,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,421.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031657760 MORTGAGORS: CHAN JESS
REGION CODE ADDRESS : 2712 NORTH ARDMORE AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,634.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,192.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,752,100.00
P & I AMT: 11,874.01
UPB AMT: 1,751,199.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 268
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031657786 MORTGAGORS: GRAHAM MARK
GRAHAM GILLIAN
REGION CODE ADDRESS : 41 SUNRISE LANE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.25400
----------------------------------------------------------------
0 0031657869 MORTGAGORS: PANKAU ANTHONY
REGION CODE ADDRESS : 3641 MAPLEKNOLL PLACE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,768.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031657877 MORTGAGORS: MEYER BARRY
MEYER ANGELA
REGION CODE ADDRESS : 3998 LUX COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,399.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031657885 MORTGAGORS: SANDSTEDE HENRY
SANDSTEDE MARGARETE
REGION CODE ADDRESS : 8275 EL PASEO GRANDE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 584,543.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,990.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
0 0031657984 MORTGAGORS: KAMDAR POURAN
REGION CODE ADDRESS : 4343 CORTE AL FRESCO
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,696,600.00
P & I AMT: 11,744.47
UPB AMT: 1,695,711.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 269
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658008 MORTGAGORS: DORING DETLEV
SCHLUNEGGER PAULA
REGION CODE ADDRESS : 265 OAKDALE AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,638.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,280.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.28200
----------------------------------------------------------------
0 0031658081 MORTGAGORS: STEELE ANNICK
REGION CODE ADDRESS : 125 VASONA OAKS DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.61400
----------------------------------------------------------------
0 0031658180 MORTGAGORS: KOMODROMOS COSTAS
KOMODROMOS DIANE
REGION CODE ADDRESS : 42 NANCY DRIVE
01 CITY : ASHLAND
STATE/ZIP : MA 01721
MORTGAGE AMOUNT : 245,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.96700
----------------------------------------------------------------
0 0031658206 MORTGAGORS: MACNEIL LAWRENCE
REGION CODE ADDRESS : 9 QUAIL WAY
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,688.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.93700
----------------------------------------------------------------
0 0031658313 MORTGAGORS: GILLESPIE DAVID
GILLESPIE SINCLAIR
REGION CODE ADDRESS : 4312 FOXCROFT ROAD
01 CITY : CHARLOTTE
STATE/ZIP : NC 28211
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.56756
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,940,500.00
P & I AMT: 13,174.57
UPB AMT: 1,939,826.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 270
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658354 MORTGAGORS: CASEY WILLIAM
DELISLE JENNIFER
REGION CODE ADDRESS : 4036 NORTH AVERS
01 CITY : CHICAGO
STATE/ZIP : IL 60618
MORTGAGE AMOUNT : 263,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031658370 MORTGAGORS: DARWAZEH BASSAM
DARWAZEH MUNA
REGION CODE ADDRESS : 24692 AVENIDA RIVIERA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,807.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,030.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.34800
----------------------------------------------------------------
0 0031658404 MORTGAGORS: SHAW PATRICIA
REGION CODE ADDRESS : 2816 FAIRFIELD STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92110
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,256.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,979.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031658479 MORTGAGORS: MANDRELL BRENT
MANDRELL TAMARA
REGION CODE ADDRESS : 1373 CIMARRON DRIVE
01 CITY : SANTA YNEZ
STATE/ZIP : CA 93460
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,760.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031658495 MORTGAGORS: BRUCE MURRAY
BRUCE JANICE
REGION CODE ADDRESS : 1181 LAUREL STREET
01 CITY : BERKELEY
STATE/ZIP : CA 94708
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,417,750.00
P & I AMT: 9,740.74
UPB AMT: 1,417,074.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 271
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658529 MORTGAGORS: EVERSON JAY
EVERSON REBECCA
REGION CODE ADDRESS : 276 SORRENTO WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031658602 MORTGAGORS: FIORITO STANLEY
REGION CODE ADDRESS : 2486 MAR EAST
01 CITY : BELVEDERE TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 413,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,887.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 49.16600
----------------------------------------------------------------
0 0031658628 MORTGAGORS: BRUNNER JEFFREY
REGION CODE ADDRESS : 227 CULPER COURT
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 454,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,020.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031658636 MORTGAGORS: MASSONI JACK
REGION CODE ADDRESS : 161 ROUTE 37
01 CITY : NEW FAIRFIELD
STATE/ZIP : CT 06812
MORTGAGE AMOUNT : 334,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,551.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,340.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031658651 MORTGAGORS: STANCL WILLIAM
STANCL NANCY
REGION CODE ADDRESS : 3287 NW 62 LANE
01 CITY : BOCA RATON
STATE/ZIP : FL 33496
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,695.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,849,800.00
P & I AMT: 12,724.78
UPB AMT: 1,849,247.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 272
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658719 MORTGAGORS: BEEZLEY RANDALL
BEEZLEY CHRISTINE
REGION CODE ADDRESS : 321 VIA SAN SABATIAN
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.00000
----------------------------------------------------------------
0 0031658826 MORTGAGORS: SNOW JOANNE
NAGELBERG HENRY
REGION CODE ADDRESS : 12 OLD BRIDLE PATH
01 CITY : LAWRENCEVILLE
STATE/ZIP : NJ 08648
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.13900
----------------------------------------------------------------
0 0031658859 MORTGAGORS: MANN NORMAN
MANN HONEY
REGION CODE ADDRESS : 9 CHERRYWOOD LANE
01 CITY : MANHASSET
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 41.35000
----------------------------------------------------------------
0 0031658867 MORTGAGORS: BURNS GARY
BURNS JOANNE
REGION CODE ADDRESS : 22118 DARDENNE STREET
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.16400
----------------------------------------------------------------
0 0031658875 MORTGAGORS: BECKER CRAIG
REGION CODE ADDRESS : 1702 PEPPERVINE WAY
01 CITY : SUGAR LAND
STATE/ZIP : TX 77479
MORTGAGE AMOUNT : 335,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,674.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,817,950.00
P & I AMT: 12,336.49
UPB AMT: 1,817,674.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 273
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658909 MORTGAGORS: HASNA CHARLES
HASNA YVONNE
REGION CODE ADDRESS : 2980 EAST OAK PARK LANE
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84117
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,628.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.52900
----------------------------------------------------------------
0 0031658925 MORTGAGORS: ABRAHAMSSON JAN
ABRAHAMSSON SAMANTHA
REGION CODE ADDRESS : 2538 CALLE JADE
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,739.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 59.37500
----------------------------------------------------------------
0 0031658941 MORTGAGORS: PATTERSON JOHN
PATTERSON KATHRYN
REGION CODE ADDRESS : 401 HOPPER AVENUE
01 CITY : RIDGEWOOD
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,609.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031658966 MORTGAGORS: BECKMAN KATHLEEN
POSTOL THEODORE
REGION CODE ADDRESS : 47 WENDELL STREET #3
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02138
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,718.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 50.47600
----------------------------------------------------------------
0 0031658974 MORTGAGORS: BERMAN ROGER
BERMAN BRIDGET
REGION CODE ADDRESS : 11 SAGAMORE ROAD
01 CITY : MAPLEWOOD
STATE/ZIP : NJ 07040
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,751,000.00
P & I AMT: 12,004.86
UPB AMT: 1,750,368.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 274
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031658990 MORTGAGORS: TAIT JOSEPH
TAIT DENISE
REGION CODE ADDRESS : 2019 VIA VINA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,790.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------
0 0031659063 MORTGAGORS: EVANS JAMES
REGION CODE ADDRESS : 701 CALLE DULCE
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,524.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031659113 MORTGAGORS: TURK MICHAEL
REGION CODE ADDRESS : 3559 RIVIERA DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 506,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 505,855.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031659121 MORTGAGORS: BROYLES KATHERINE
REGION CODE ADDRESS : 2614 JALMIA DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 487,680.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,318.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,409.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.99800
----------------------------------------------------------------
0 0031659139 MORTGAGORS: ROGERS DOUGLAS
ROGERS BARBARA
REGION CODE ADDRESS : 167 TOTEM ROAD
01 CITY : LOUISVILLE
STATE/ZIP : KY 40207
MORTGAGE AMOUNT : 517,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 517,054.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,075,180.00
P & I AMT: 14,089.10
UPB AMT: 2,073,543.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 275
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031659170 MORTGAGORS: RUSSELL RANDOLPH
RUSSELL JEMIE
REGION CODE ADDRESS : 784 NORGATE AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,781.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,055.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.56500
----------------------------------------------------------------
0 0031659196 MORTGAGORS: ARONSON JONATHAN
ARONSON SHANNON
REGION CODE ADDRESS : 22 MT VERNON AVENUE
01 CITY : SUMMIT
STATE/ZIP : NJ 07901
MORTGAGE AMOUNT : 235,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,604.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031659279 MORTGAGORS: NANJAPPA BALA
NANJAPPA ANUJA
REGION CODE ADDRESS : 9 PLYMOUTH
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 263,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031659287 MORTGAGORS: YOKOYAMA GARY
LEOW AMELIA
REGION CODE ADDRESS : 4434 PAHOA AVENUE
01 CITY : HONOLULU
STATE/ZIP : HI 96816
MORTGAGE AMOUNT : 478,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,140.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.11400
----------------------------------------------------------------
0 0031659337 MORTGAGORS: BECKWITH RANDY
BECKWITH COREY
REGION CODE ADDRESS : 27222 TRINIDAD COURT
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 286,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.21400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,556,800.00
P & I AMT: 10,598.36
UPB AMT: 1,556,581.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 276
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031659410 MORTGAGORS: CLICK MARY
REGION CODE ADDRESS : A-73 SURFSIDE AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90743
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,743.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.07692
----------------------------------------------------------------
0 0031659485 MORTGAGORS: BADLER DAVID
BADLER TERESA
REGION CODE ADDRESS : 60 STUYVESANT DRIVE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,414.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------
0 0031659550 MORTGAGORS: JUN SUNG
REGION CODE ADDRESS : 3060 SURRY STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90027
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------
0 0031659832 MORTGAGORS: EASLER JAMES
EASLER CHRISTINE
REGION CODE ADDRESS : 110 BRAEBURN DR
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,820.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.71200
----------------------------------------------------------------
0 0031659915 MORTGAGORS: DAVIDSON TRACEY
DAVIDSON JAMES
REGION CODE ADDRESS : 129 HUNTINGTON ROAD
01 CITY : BERNARDS TOWNSHIP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 321,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,726,300.00
P & I AMT: 11,801.39
UPB AMT: 1,725,256.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 277
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031660244 MORTGAGORS: DILLARD DWAYNE
DILLARD CATHERINE
REGION CODE ADDRESS : 11620 CANDY ROSE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 291,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,365.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,040.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 91.19035
----------------------------------------------------------------
0 0031660277 MORTGAGORS: VELASTEGUI CARLOS
VELASTEGUI SUSAN
REGION CODE ADDRESS : 12599 ARENA CT
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 237,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,364.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------
0 0031660285 MORTGAGORS: POHL MICHAEL
REGION CODE ADDRESS : 5265 LEMONA AVENUE
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91411
MORTGAGE AMOUNT : 266,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 91.98200
----------------------------------------------------------------
0 0031660319 MORTGAGORS: EDMUNDS DANIEL
EDMUNDS CAROL
REGION CODE ADDRESS : 909 WEATHERLY HILLS BLVD
01 CITY : FARRAGUT
STATE/ZIP : TN 37922
MORTGAGE AMOUNT : 338,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,967.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,452.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031660343 MORTGAGORS: GOLDEN MATTHEW
GOLDEN DEBORAH
REGION CODE ADDRESS : 1 CANNING LANE
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 256,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,791.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.61900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,390,500.00
P & I AMT: 9,724.11
UPB AMT: 1,389,647.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 278
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031660418 MORTGAGORS: CATLETT PAMELA
REGION CODE ADDRESS : 174 SOUTHWOOD DRIVE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94112
MORTGAGE AMOUNT : 238,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,622.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,669.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031660426 MORTGAGORS: CRONIN ROBERT
SMALL CARLA
REGION CODE ADDRESS : 3 HELEN ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 375,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.62700
----------------------------------------------------------------
0 0031660558 MORTGAGORS: MARCHAND BRETT
MORRISON CYNTHIA
REGION CODE ADDRESS : 32 GREEN HILL LANE
01 CITY : WYNNEWOOD
STATE/ZIP : PA 19096
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031660566 MORTGAGORS: TRITCHLER JAMES
REGION CODE ADDRESS : 2580 ARMSTRONG AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,374.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,950.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031660673 MORTGAGORS: FLEMING THOMAS
FLEMING MARTHA
REGION CODE ADDRESS : 7070 SURFBIRD CIRCLE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,273.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.82400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,500,800.00
P & I AMT: 10,267.09
UPB AMT: 1,499,770.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 279
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031660731 MORTGAGORS: PEERA DENNIS
PEERA ALBERTA
REGION CODE ADDRESS : 32 CENTENNIAL WAY
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.17000
----------------------------------------------------------------
0 0031660822 MORTGAGORS: KIRCHMANN JEFFREY
KIRCHMANN LINDA
REGION CODE ADDRESS : 124 ELENA CIRCLE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,798.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031660848 MORTGAGORS: KATZ STEVEN
KATZ SHIRLEY
REGION CODE ADDRESS : 16736 RAYEN STREET (NORTHRIDGE AREA
01 CITY : LOS ANGELES
STATE/ZIP : CA 91343
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,655.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.84615
----------------------------------------------------------------
0 0031660954 MORTGAGORS: RACKAGES VAN
RACKAGES ROXANN
REGION CODE ADDRESS : 1085 HOMESTEAD AVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.39200
----------------------------------------------------------------
0 0031661028 MORTGAGORS: CATENACCI HENRY
CATENACCI KATHARINA
REGION CODE ADDRESS : 3 KIRKVIEW CIRCLE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,927.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,597.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.92400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,631,000.00
P & I AMT: 11,111.38
UPB AMT: 1,629,380.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 280
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031661044 MORTGAGORS: STEVENS DENNIS
STEVENS CLAIRE
REGION CODE ADDRESS : 46 CURTISS PLACE
01 CITY : MAPLEWOOD
STATE/ZIP : NJ 07040
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,595.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.64900
----------------------------------------------------------------
0 0031661051 MORTGAGORS: GEEVERS CORNELIUS
GEEVERS LINDA
REGION CODE ADDRESS : 20 HAWTHORNE DRIVE
01 CITY : WEST WINDSOR
STATE/ZIP : NJ 08550
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,164.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.64900
----------------------------------------------------------------
0 0031661085 MORTGAGORS: HULL JEFFREY
HULL WENDY
REGION CODE ADDRESS : 1720 MONTICELLO ROAD
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 382,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,608.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.98000
----------------------------------------------------------------
0 0031661093 MORTGAGORS: HOOD NICANDRA
REGION CODE ADDRESS : 2614 REPPERT COURT
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 558,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,949.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.20400
----------------------------------------------------------------
0 0031661176 MORTGAGORS: LEWIS CRISTINA
REGION CODE ADDRESS : 1114 ALBERTA PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92103
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.51200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,759,400.00
P & I AMT: 12,214.64
UPB AMT: 1,758,159.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 281
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031661416 MORTGAGORS: HOFFMAN ROBERT
CANIN LISA
REGION CODE ADDRESS : 1037 SAN ANSELMO AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031661457 MORTGAGORS: BROWN MICHAEL
BROWN EUGENIE
REGION CODE ADDRESS : 6081 PALO ALTO DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.78700
----------------------------------------------------------------
0 0031661465 MORTGAGORS: MARINICH JOSEPH
MARINICH MARSHA
REGION CODE ADDRESS : 7623 TRAMMEL ROAD
01 CITY : ANNANDALE
STATE/ZIP : VA 22003
MORTGAGE AMOUNT : 369,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031661473 MORTGAGORS: SMITH GERIANNE
BREWSTER GREGORY
REGION CODE ADDRESS : 601 RIDGE
01 CITY : EVANSTON
STATE/ZIP : IL 60202
MORTGAGE AMOUNT : 265,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031661531 MORTGAGORS: GELZHINSKY ELENA
GELZHINSKY LEVKO
REGION CODE ADDRESS : 35 INDIAN RIDGE ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,807.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,480,800.00
P & I AMT: 10,148.35
UPB AMT: 1,480,607.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 282
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031661572 MORTGAGORS: PHILLIPS BRUCE
PHILLIPS SHARON
REGION CODE ADDRESS : 4474 SHADY POINT PLACE
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 357,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,349.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99293
----------------------------------------------------------------
0 0031661663 MORTGAGORS: FEHELEY DANIEL
FEHELEY EMMA
REGION CODE ADDRESS : 8 ELIZABETH ROAD
01 CITY : HOPKINTON
STATE/ZIP : MA 01748
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,073.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.53100
----------------------------------------------------------------
0 0031661754 MORTGAGORS: TSATSULIN MIKHAIL
KOROBOCHKIN MARINA
REGION CODE ADDRESS : 111 BROOKLINE STREET
01 CITY : NEWTON
STATE/ZIP : MA 02467
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 92.30700
----------------------------------------------------------------
0 0031661895 MORTGAGORS: ANDERSON WILLLIAM
ANDERSON SHAWNA
REGION CODE ADDRESS : 911 BARR AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92103
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031661911 MORTGAGORS: LECHNER STEPHEN
LECHNER ANNEMARIE
REGION CODE ADDRESS : 289 N. ALMENAR DRIVE
01 CITY : GREENBRAE
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,454.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.57800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,733,650.00
P & I AMT: 11,932.72
UPB AMT: 1,733,349.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 283
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031661929 MORTGAGORS: ZAWOLKOW GEOFFREY
MOLACAVAGE MARY
REGION CODE ADDRESS : 1819 EATON AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 357,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,469.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.66100
----------------------------------------------------------------
0 0031661937 MORTGAGORS: PAIESKI KENNETH
PAIESKI PRISCILLA
REGION CODE ADDRESS : 71 CHERRY HILLS FARM
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80110
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 699,453.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,775.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 63.69400
----------------------------------------------------------------
0 0031661952 MORTGAGORS: LARKIN GARY
LARKIN LESA
REGION CODE ADDRESS : 9522 MALASANA COURT
01 CITY : LAS VEGAS
STATE/ZIP : NV 89117
MORTGAGE AMOUNT : 335,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,851.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,343.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.97200
----------------------------------------------------------------
0 0031662059 MORTGAGORS: PARK THOMAS
PARK CORA
REGION CODE ADDRESS : 21 GREENVIEW DRIVE
01 CITY : YARDVILLE
STATE/ZIP : NJ 08620
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,771.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.28185
----------------------------------------------------------------
0 0031662331 MORTGAGORS: LANDERS MARK
LANDERS MICHELLE
REGION CODE ADDRESS : 26 CHASEVIEW ROAD
01 CITY : FAIRPORT
STATE/ZIP : NY 14450
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,304.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,771.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,928,100.00
P & I AMT: 13,215.25
UPB AMT: 1,926,881.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 284
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031662513 MORTGAGORS: FORBES CAROL
FORBES GUS
REGION CODE ADDRESS : 8546 COROLLA LANE
01 CITY : CHARLOTTE
STATE/ZIP : NC 28277
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,812.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.66900
----------------------------------------------------------------
0 0031662596 MORTGAGORS: LOHR WILLIAM
LOHR MANUELA
REGION CODE ADDRESS : 6801 CORDER LANE
01 CITY : LORTON
STATE/ZIP : VA 22079
MORTGAGE AMOUNT : 254,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,685.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,674.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031662604 MORTGAGORS: REVAK DANIEL
REGION CODE ADDRESS : 11097 INDIAN LORE COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92127
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031662646 MORTGAGORS: SWEENEY DONALD
SWEENEY CHRISTINE
REGION CODE ADDRESS : 5 SHADY NOOK LANE
01 CITY : LYNNFIELD
STATE/ZIP : MA 01940
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/23
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.80000
----------------------------------------------------------------
0 0031662679 MORTGAGORS: ELASHMAWY OSAMA
REGION CODE ADDRESS : 8438 SUNVIEW DRIVE
01 CITY : EL CAJON
STATE/ZIP : CA 92021
MORTGAGE AMOUNT : 237,405.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,405.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,404,305.00
P & I AMT: 9,708.95
UPB AMT: 1,403,903.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 285
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031662687 MORTGAGORS: GAETANO JAMES
GAETANO DEBRA
REGION CODE ADDRESS : 37200 WILLOW LANE
01 CITY : GURNEE
STATE/ZIP : IL 60031
MORTGAGE AMOUNT : 241,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,129.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 92.36300
----------------------------------------------------------------
0 0031662703 MORTGAGORS: NYCE GLEN
NYCE MARIA
REGION CODE ADDRESS : 5 LUKE STREET
01 CITY : WRENTHAM
STATE/ZIP : MA 02093
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.58500
----------------------------------------------------------------
0 0031662794 MORTGAGORS: BAIRD GORDON
BAIRD LISA
REGION CODE ADDRESS : 70 WASHINGTON STREET
01 CITY : SHERBORN
STATE/ZIP : MA 01770
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,701.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,707.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031662810 MORTGAGORS: HAYNES JEFFREY
REGION CODE ADDRESS : 7146 E LAGO DR
01 CITY : CORAL GABLES
STATE/ZIP : FL 33143
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,492.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.88400
----------------------------------------------------------------
0 0031662943 MORTGAGORS: ABRAMS DAVID
ABRAMS RISA
REGION CODE ADDRESS : 4 ASHLEY ROAD
01 CITY : SOUTHBOROUGH
STATE/ZIP : MA 01772
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,788.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.85700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,818,300.00
P & I AMT: 12,568.52
UPB AMT: 1,817,112.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 286
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031662950 MORTGAGORS: SANDS DANIEL
SANDS LIBERA
REGION CODE ADDRESS : 56 SOLON STREET
01 CITY : NEWTON
STATE/ZIP : MA 02461
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.21300
----------------------------------------------------------------
0 0031663115 MORTGAGORS: MAYFIELD PATRICIA
REGION CODE ADDRESS : 1267 HANOVER LANE
01 CITY : VENTURA
STATE/ZIP : CA 93001
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,786.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031663156 MORTGAGORS: PERRY PATRICK
TING HSIAO-LING
REGION CODE ADDRESS : 6868 NORTH WILLARD AVENUE
01 CITY : SAN GABRIEL
STATE/ZIP : CA 91775
MORTGAGE AMOUNT : 293,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,271.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.67700
----------------------------------------------------------------
0 0031663248 MORTGAGORS: MILTON MICHAEL
MILTON DARLENE
REGION CODE ADDRESS : 3586 WHITEHALL CT.
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031663255 MORTGAGORS: HOWARD BRUCE
HOWARD THU-HA
REGION CODE ADDRESS : 1509 MERRIMAN DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 91202
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,707.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,465.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.38400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,532,500.00
P & I AMT: 10,412.07
UPB AMT: 1,531,764.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 287
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031663289 MORTGAGORS: INSKEEP RICHARD
REGION CODE ADDRESS : 1408 STRATFIELD CIRCLE
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,748.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.50000
----------------------------------------------------------------
0 0031663305 MORTGAGORS: CROW JASON
BURBANK KATHY
REGION CODE ADDRESS : 520 NORTH KEYSTONE STREET
01 CITY : BURBANK
STATE/ZIP : CA 91506
MORTGAGE AMOUNT : 244,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,896.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031663479 MORTGAGORS: CURRIE FRANCIS
JOHNSON PATRICIA
REGION CODE ADDRESS : 1 BALBOA AVENUE
01 CITY : INVERNESS
STATE/ZIP : CA 94937
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 41.17600
----------------------------------------------------------------
0 0031663594 MORTGAGORS: LAVINE CHARLES
LAVINE JANICE
REGION CODE ADDRESS : 8101 VICKSBURG AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,809.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.69600
----------------------------------------------------------------
0 0031663677 MORTGAGORS: MARKS STEVE
REGION CODE ADDRESS : 1560 STANFORD AVENUE
01 CITY : BATON ROUGE
STATE/ZIP : LA 70808
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,791.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.10500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,597,150.00
P & I AMT: 10,828.81
UPB AMT: 1,596,454.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 288
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031663727 MORTGAGORS: MOTAMED ARMAND
KAI YOSHIMI
REGION CODE ADDRESS : 4200 CARTESTAN CIRCLE
01 CITY : LOS ANGELES (PALOS VERDES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 486,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 486,101.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,236.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.75400
----------------------------------------------------------------
0 0031663784 MORTGAGORS: TROUB ALLEN
WELCH PETER
REGION CODE ADDRESS : 4689 EAST TALMADGE DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,082.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.69300
----------------------------------------------------------------
0 0031663909 MORTGAGORS: BUNGER WILLIAM
BUNGER EVELYN
REGION CODE ADDRESS : 3229 RICHELE COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,799.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.74300
----------------------------------------------------------------
0 0031664055 MORTGAGORS: HALPER ORRIN
REGION CODE ADDRESS : 610 MILDRED AVE
01 CITY : VENICE
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.66600
----------------------------------------------------------------
0 0031664162 MORTGAGORS: TAYLOR ROBERT
TAYLOR COLLEEN
REGION CODE ADDRESS : 2015 OLD DOMINION WAY
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 417,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,812.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.11500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,718,900.00
P & I AMT: 11,465.77
UPB AMT: 1,717,700.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 289
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031664311 MORTGAGORS: DAVIS PARKE
DAVIS DIANNE
REGION CODE ADDRESS : 7715 BAMBY DRIVE
01 CITY : CUMMING
STATE/ZIP : GA 30041
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,823.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.77700
----------------------------------------------------------------
0 0031664659 MORTGAGORS: DZERA BARBARA
DZERA BARBARA
REGION CODE ADDRESS : 34 WESTMONT DRIVE
01 CITY : LIVINGSTON
STATE/ZIP : NJ 07039
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.73500
----------------------------------------------------------------
0 0031664741 MORTGAGORS: GOLDBERG LEE
GOLDBERG PATRICE
REGION CODE ADDRESS : 120 POINT VIEW PKWY
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,884.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.17000
----------------------------------------------------------------
0 0031664782 MORTGAGORS: DICKESON DAVID
DICKESON FRANCINE
REGION CODE ADDRESS : 1502 SANDMONT COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95661
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,787.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.40200
----------------------------------------------------------------
0 0031664832 MORTGAGORS: ROTER RICHARD
KIELING JEAN
REGION CODE ADDRESS : 19836 DINA PLACE
01 CITY : (CHATWORTH AREA) LOS ANGE
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,654.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,645,000.00
P & I AMT: 11,696.45
UPB AMT: 1,644,265.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 290
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031664907 MORTGAGORS: FURMAN BETHANY
FURMAN DANIEL
REGION CODE ADDRESS : 74 ROBINWOOD AVENUE
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,818.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.93300
----------------------------------------------------------------
0 0031665011 MORTGAGORS: VROON DAVID
VROON JOYCE
REGION CODE ADDRESS : 545 MT VERNON HWY, NW
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 359,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,812.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,419.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.80000
----------------------------------------------------------------
0 0031665052 MORTGAGORS: GUTIERREZ DANIEL
GUTIERREZ TINA
REGION CODE ADDRESS : 19325 STRAUSS
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78256
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,821.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031665060 MORTGAGORS: RUTHERFORD JOHN
RUTHERFORD PATRICIA
REGION CODE ADDRESS : 324 GARCIA AVENUE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031665136 MORTGAGORS: VILLANUEVA CRISTINA
VILLANUEVA RODOLFO
REGION CODE ADDRESS : 5677 VIA SALERNO
01 CITY : GOLETA
STATE/ZIP : CA 93117
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,527,100.00
P & I AMT: 10,615.41
UPB AMT: 1,526,452.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 291
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031665185 MORTGAGORS: JUMONVILLE JOHN
JUMONVILLE LYDIA
REGION CODE ADDRESS : 7608 DORNOCH LANE
01 CITY : DALLAS
STATE/ZIP : TX 75248
MORTGAGE AMOUNT : 243,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,619.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031665201 MORTGAGORS: KAGEI JOJI
KAGEI DEBORAH
REGION CODE ADDRESS : 30430 SOUTH CALLE LA RESOLANA
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,628.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,247.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.55500
----------------------------------------------------------------
0 0031665227 MORTGAGORS: BUTTORFF C
BUTTORFF LESLIE
REGION CODE ADDRESS : 107 GLENMOOR DRIVE
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80110
MORTGAGE AMOUNT : 1,447,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,446,425.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 10,121.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 74.62500
----------------------------------------------------------------
0 0031665235 MORTGAGORS: SMERLING ROBERT
REGION CODE ADDRESS : 43 BOREN LANE
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.90283
----------------------------------------------------------------
0 0031665292 MORTGAGORS: MACPHEE KATHLEEN
REGION CODE ADDRESS : 33 FARRWOOD ROAD
01 CITY : WINDHAM
STATE/ZIP : NH 03087
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,823.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,848,850.00
P & I AMT: 19,568.20
UPB AMT: 2,847,227.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 292
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031665367 MORTGAGORS: NOSOV DMITRI
NOSOV SVETLANA
REGION CODE ADDRESS : 30 COLUMBIA AVE #2
01 CITY : NEWTON
STATE/ZIP : MA 02164
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.48900
----------------------------------------------------------------
0 0031665375 MORTGAGORS: HAYMOND ALVIN
HAYMOND SHIRLEY
REGION CODE ADDRESS : 2857 MANTIS DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 332,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,021.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,409.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.26700
----------------------------------------------------------------
0 0031665383 MORTGAGORS: YEAST DAVIS
YEAST SALLY
REGION CODE ADDRESS : 572 OAK VALLEY DRIVE
01 CITY : FRONTENAC
STATE/ZIP : MO 63131
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031665524 MORTGAGORS: ROONEY THOMAS
ROONEY CARRIE
REGION CODE ADDRESS : 638 BRIARWOOD COURT
01 CITY : ORADELL
STATE/ZIP : NJ 07649
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,775.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031665532 MORTGAGORS: LEDERER PATRICIA
LEDERER MATTHEW
REGION CODE ADDRESS : 610 MAIN STREET
01 CITY : NORWELL
STATE/ZIP : MA 02061
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,191.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,528,150.00
P & I AMT: 10,442.17
UPB AMT: 1,527,483.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 293
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031665540 MORTGAGORS: TORNAY KEN
TORNAY VICKY
REGION CODE ADDRESS : 106 FEATHER FALLS CIRCLE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 232,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,882.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.66600
----------------------------------------------------------------
0 0031665631 MORTGAGORS: YANOFF SEYMOUR
YANOFF JUDITH
REGION CODE ADDRESS : 24 WHEELHOUSE LANE
01 CITY : MASHPEE
STATE/ZIP : MA 02649
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,280.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------
0 0031665649 MORTGAGORS: CRISTALDI ALFRED
CRISTALDI HELEN
REGION CODE ADDRESS : 66 PHEASANT LANE
01 CITY : HAMPSTEAD
STATE/ZIP : NH 03841
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031665656 MORTGAGORS: BRAKONIECKI JAMES
BRAKONIECKI LUCY
REGION CODE ADDRESS : 76 LAMBERTS COVE ROAD
01 CITY : VINEYARD HAVEN
STATE/ZIP : MA 02568
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,211.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.80900
----------------------------------------------------------------
0 0031665706 MORTGAGORS: POLSTER CARRIE
JONGSMA THOMAS
REGION CODE ADDRESS : 828 PUEBLO DRIVE
01 CITY : FRANKLIN LAKES
STATE/ZIP : NJ 07417
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.94500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,765,050.00
P & I AMT: 12,553.63
UPB AMT: 1,764,680.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 294
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031665771 MORTGAGORS: ZITO FRED
ZITO KELLY
REGION CODE ADDRESS : 1695 GLENDOLA ROAD
01 CITY : WALL
STATE/ZIP : NJ 07719
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 92.52100
----------------------------------------------------------------
0 0031665789 MORTGAGORS: GUZEMAN GAIL
OULIGIAN CHARLES
REGION CODE ADDRESS : 85 GROSVENOR ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031665813 MORTGAGORS: MIUMI MIKE
MIUMI JOANNE
REGION CODE ADDRESS : 10724 INSPIRATION CIRCLE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 277,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.61900
----------------------------------------------------------------
0 0031665854 MORTGAGORS: MACDONALD DONALD
MACDONALD ROBIN
REGION CODE ADDRESS : 653 ELM ROAD
01 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------
0 0031665862 MORTGAGORS: MEIER KERRY
MEIER KATHRYN
REGION CODE ADDRESS : 45380 TAOS COVE
01 CITY : INDIAN WELLS
STATE/ZIP : CA 92210
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,643.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.84600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,578,400.00
P & I AMT: 10,968.03
UPB AMT: 1,578,043.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 295
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031665870 MORTGAGORS: VAUGHAN JOHN
VAUGHAN NANCY
REGION CODE ADDRESS : 1315 ANTIGUA WAY
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 442,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,981.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031665920 MORTGAGORS: SATRIANO SHERRY
SATRIANO LISA
REGION CODE ADDRESS : 28850 SELFRIDGE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,680.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.30600
----------------------------------------------------------------
0 0031666035 MORTGAGORS: PRESSMAN JEFFREY
KOLLISCH NANCY
REGION CODE ADDRESS : 16867 CAMINO LAGO DE CRISTAL
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 33.33300
----------------------------------------------------------------
0 0031666068 MORTGAGORS: LYMAN JAN
REGION CODE ADDRESS : 324 4TH STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,748.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 46.80800
----------------------------------------------------------------
0 0031666084 MORTGAGORS: TARDE GERARD
TARDE M
REGION CODE ADDRESS : 1720 FENCE ROW DRIVE
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.77800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,232,500.00
P & I AMT: 15,090.11
UPB AMT: 2,231,929.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 296
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031666241 MORTGAGORS: CAMPBELL DOUGLAS
CAMPBELL KATHY
REGION CODE ADDRESS : 741 MONTCLAIR DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031666324 MORTGAGORS: MALLEPALLI RAMESH
PUTTA VANDANA
REGION CODE ADDRESS : 20 BERKSHIRE WAY
01 CITY : EAST BRUNSWICK
STATE/ZIP : NJ 08816
MORTGAGE AMOUNT : 246,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,766.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 93.66200
----------------------------------------------------------------
0 0031666548 MORTGAGORS: RUBEN JOEL
RUBEN REGINA
REGION CODE ADDRESS : 1324 9TH STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 468,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,134.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,196.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.78700
----------------------------------------------------------------
0 0031666563 MORTGAGORS: KHASGIWALE NIRANJAN
KHASGIWALE AMISHA
REGION CODE ADDRESS : 3366 LA COSTA WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 328,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,187.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031666662 MORTGAGORS: PISANO GREGORY
VALIENZI SHARON
REGION CODE ADDRESS : 456 AVENIDA DE DIAMANTE
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,794.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,200.00
P & I AMT: 10,672.88
UPB AMT: 1,559,445.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 297
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031666670 MORTGAGORS: O'BRIEN KEVIN
O'BRIEN JEANINE
REGION CODE ADDRESS : 106 INDIAN HILL ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.18600
----------------------------------------------------------------
0 0031666787 MORTGAGORS: KATZ STEVEN
KATZ ELAINE
REGION CODE ADDRESS : 28 HAMMERSMITH LANE
01 CITY : AVON
STATE/ZIP : CT 06001
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.75000
----------------------------------------------------------------
0 0031666852 MORTGAGORS: DIENER DAVID
REGION CODE ADDRESS : 37 GROVE STREET
01 CITY : MILLIS
STATE/ZIP : MA 02054
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,802.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031666860 MORTGAGORS: SAMUELS MITCHELL
SAMUELS LISA
REGION CODE ADDRESS : 2992 BIRKDALE
01 CITY : WESTON
STATE/ZIP : FL 33332
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,015.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.45900
----------------------------------------------------------------
0 0031666894 MORTGAGORS: BANERJEE PRADIP
BANERJEE MUNGLU
REGION CODE ADDRESS : 141 CHRISTOPHER DRIVE
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.64100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,003,000.00
P & I AMT: 13,650.03
UPB AMT: 2,002,392.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 298
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031666928 MORTGAGORS: ALINI ROBERTO
ALINI OYAS
REGION CODE ADDRESS : 4344 DIAVILA AVENUE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,395.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031666969 MORTGAGORS: SHIEH MIKE
SHIEH MEI
REGION CODE ADDRESS : 43504 SOUTHERLAND WAY
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,796.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 58.41500
----------------------------------------------------------------
0 0031667009 MORTGAGORS: COLBURN PETER
COLBURN LOU
REGION CODE ADDRESS : 241 WALKER VALLEY ROAD
01 CITY : CASTROVILLE
STATE/ZIP : CA 95012
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,817.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031667090 MORTGAGORS: COMITO JOHN
COMITO DEANNE
REGION CODE ADDRESS : 907 PLEASANT HILL ROAD
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,752.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.26300
----------------------------------------------------------------
0 0031667108 MORTGAGORS: COOK WILLIAM
COOK ILENE
REGION CODE ADDRESS : 2812 BELLE HOLLOW COURT
01 CITY : GLENWOOD
STATE/ZIP : MD 21738
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,246.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.07300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,604,600.00
P & I AMT: 11,206.01
UPB AMT: 1,603,762.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 299
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031667132 MORTGAGORS: MARDER KATHLEEN
MARDER JULIAN
REGION CODE ADDRESS : 1646 HIGHLAND AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91202
MORTGAGE AMOUNT : 426,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,475.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031667173 MORTGAGORS: GASPER GEORGE
GASPER JULIE
REGION CODE ADDRESS : 5821 MASTERSON DRIVE
01 CITY : PLANO
STATE/ZIP : TX 75093
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.15800
----------------------------------------------------------------
0 0031667199 MORTGAGORS: SAHOTA KASHMIR
SAHOTA HARINDER
REGION CODE ADDRESS : 43067 SCOFIELD COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 284,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,089.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.80400
----------------------------------------------------------------
0 0031667264 MORTGAGORS: CRANE ROBERT
VAIL-CRANE JACQUELYN
REGION CODE ADDRESS : 5561 171ST AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,616.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,356.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.77000
----------------------------------------------------------------
0 0031667306 MORTGAGORS: ICE CHRISTOPHER
PALME DIANE
REGION CODE ADDRESS : 1009 WALNUT ST
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,842,600.00
P & I AMT: 12,624.74
UPB AMT: 1,841,680.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 300
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031667322 MORTGAGORS: SERRIERE VIANNEY
SERRIERE SHARON
REGION CODE ADDRESS : 958 FOYE DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.77700
----------------------------------------------------------------
0 0031667363 MORTGAGORS: LAGAZO RODGER
LAGAZO ANGELINA
REGION CODE ADDRESS : 2025 SECA STREET
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 232,227.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,058.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.99979
----------------------------------------------------------------
0 0031667389 MORTGAGORS: COUNTER ERIK
REGION CODE ADDRESS : 1411 BIRCH AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------
0 0031667447 MORTGAGORS: NOVISOFF REED
NOVISOFF ANNA
REGION CODE ADDRESS : 2961 INVERNESS DRIVE
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,811.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.56900
----------------------------------------------------------------
0 0031667827 MORTGAGORS: STROO HANS
STROO NICOLA
REGION CODE ADDRESS : 6072 JUDWICK CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 275,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,924.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.67800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,256,427.00
P & I AMT: 8,744.04
UPB AMT: 1,256,070.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 301
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031667868 MORTGAGORS: BORDEAUX DARREN
BORDEAUX KAREN
REGION CODE ADDRESS : 1010 SOUTH JOSEPHINE STREET
01 CITY : DENVER
STATE/ZIP : CO 80209
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,786.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031667900 MORTGAGORS: FUNG ALBERT
CHUA-FUNG GEORGINA
REGION CODE ADDRESS : 76 ROSSI AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 532,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 531,595.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,674.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.23500
----------------------------------------------------------------
0 0031668049 MORTGAGORS: MITOLA JOHN
MITOLA MICHELE
REGION CODE ADDRESS : 2303 CONGRESS ST
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031668056 MORTGAGORS: TOWNSEND ROBERT
TOWNSEND DIANE
REGION CODE ADDRESS : 93 DOS RIOS PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,944.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,150.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031668288 MORTGAGORS: MARKS LEE
MARKS MARGARET
REGION CODE ADDRESS : 728 EAST GREEN LANE
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 278,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,593.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,949.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.54300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,722,000.00
P & I AMT: 11,810.58
UPB AMT: 1,720,919.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 302
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031668387 MORTGAGORS: MAREK S
MAREK CHRISTINE
REGION CODE ADDRESS : 237 ST. ANDREWS DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 294,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,120.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.58750
----------------------------------------------------------------
0 0031668403 MORTGAGORS: CHRISTENSEN BETTY
SALLSTROM LEIF
REGION CODE ADDRESS : 20 MANTI TERRACE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,729.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,451.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.39200
----------------------------------------------------------------
0 0031668478 MORTGAGORS: DONNELL JAMES
DONNELL KRISTEN
REGION CODE ADDRESS : 562 GLORIETA
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,784.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.45200
----------------------------------------------------------------
0 0031668528 MORTGAGORS: BAXTER TOM
REGION CODE ADDRESS : 6329 IMBLER COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,191.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031668999 MORTGAGORS: SCHINDLER ANITA
REGION CODE ADDRESS : 1740 20TH STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94107
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,597.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 52.42800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,706,350.00
P & I AMT: 12,277.08
UPB AMT: 1,705,635.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 303
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031669005 MORTGAGORS: ELIASSEN BRIAN
TWEDELL TERESA
REGION CODE ADDRESS : 3735 DENAIR STREET
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 268,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,635.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031669039 MORTGAGORS: COOPERSTONE MARTIN
COOPERSTONE PAULA
REGION CODE ADDRESS : 19520 HALSTED STREET
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91324
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669096 MORTGAGORS: KAUFMANN MICHAEL
KAUFMANN MARY
REGION CODE ADDRESS : 400 CARDINAL HILL LANE
01 CITY : POWELL
STATE/ZIP : OH 43065
MORTGAGE AMOUNT : 336,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,269.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669104 MORTGAGORS: KAYNE MARK
REGION CODE ADDRESS : 19539 NASHVILLE STREET
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,330.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,357.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669120 MORTGAGORS: KINGSLAND SCOTT
KINGSLAND JENNIFER
REGION CODE ADDRESS : 16 VIENNE
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 382,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,565.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,676.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,774,100.00
P & I AMT: 12,079.30
UPB AMT: 1,773,331.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 304
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031669294 MORTGAGORS: MURPHY SEAN
MURPHY JULIE
REGION CODE ADDRESS : 1441 LAYMAN STREET
01 CITY : MC LEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,700.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669328 MORTGAGORS: CHENKIN LAURENCE
CHENKIN SANDRA
REGION CODE ADDRESS : 90 CHAPMAN STREET
01 CITY : CANTON
STATE/ZIP : MA 02021
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669369 MORTGAGORS: KONDERSKI STEFAN
KONDERSKI YVONNE
REGION CODE ADDRESS : 23799 MONTEREY SALINAS HWY # 41
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,313.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,626.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031669559 MORTGAGORS: REAGAN JOHN
REGION CODE ADDRESS : 3635 BRACH WAY
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 255,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,519.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669575 MORTGAGORS: NGO KHOI
DO JOSEPHINE
REGION CODE ADDRESS : 136 SAGE HILLS ROAD
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,675.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 88.01400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,389,420.00
P & I AMT: 9,574.01
UPB AMT: 1,388,208.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 305
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031669666 MORTGAGORS: HUTTER STEPHEN
HUTTER LAURA
REGION CODE ADDRESS : 347 GRIST MILL DRIVE
01 CITY : BERNARDS
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.30600
----------------------------------------------------------------
0 0031669740 MORTGAGORS: DUMOND HARRY
WEBB JAMIE
REGION CODE ADDRESS : 11648 FUERTE DRIVE
01 CITY : EL CAJON
STATE/ZIP : CA 92020
MORTGAGE AMOUNT : 238,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,631.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,710.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031669963 MORTGAGORS: KARTZ MICHAEL
KARTZ PAMELA
REGION CODE ADDRESS : 885 JUSTICE COURT
01 CITY : TRACY
STATE/ZIP : CA 95376
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,318.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031669989 MORTGAGORS: BLAIR JEFFREY
BLAIR VICTORIA
REGION CODE ADDRESS : 25921 WHITE ALDER LANE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,818.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.94000
----------------------------------------------------------------
0 0031669997 MORTGAGORS: BENNETT MICHAEL
BENNETT MIRIAM
REGION CODE ADDRESS : 5346 NELSON PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 333,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,508.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,394,050.00
P & I AMT: 9,727.16
UPB AMT: 1,393,276.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 306
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031670003 MORTGAGORS: FRITZ PAUL
FRITZ CAROL
REGION CODE ADDRESS : 5388 PASEO ORLANDO
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93111
MORTGAGE AMOUNT : 299,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,377.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.99300
----------------------------------------------------------------
0 0031670052 MORTGAGORS: VARGAS ROGER
VARGAS SUSAN
REGION CODE ADDRESS : 4020 OLD BARN ROAD
01 CITY : HEALDSBURG
STATE/ZIP : CA 95448
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670060 MORTGAGORS: LENNOX BRIAN
REGION CODE ADDRESS : 20509 NICKIE LANE
01 CITY : SANTA CLARITA,
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670094 MORTGAGORS: CHAKRAVARTHI RAGHUVEER
RAGHUVEER SMITHA
REGION CODE ADDRESS : 421 GLENMOOR CIRCLE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670144 MORTGAGORS: ALLISON JOHN
ALLISON DIANE
REGION CODE ADDRESS : 2051 LONGDEN CIRCLE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,573.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,459.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.88600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,810,800.00
P & I AMT: 12,274.37
UPB AMT: 1,810,151.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 307
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031670151 MORTGAGORS: ESTRADA RAUL
ESTRADA CONNIE
REGION CODE ADDRESS : 428 DANA STREET
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,800.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.57500
----------------------------------------------------------------
0 0031670193 MORTGAGORS: MELILLI SALVATORE
MELILLI MARY
REGION CODE ADDRESS : 1110 W. WOLFRAM STREET
01 CITY : CHICAGO
STATE/ZIP : IL 60657
MORTGAGE AMOUNT : 318,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,201.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670227 MORTGAGORS: SALVADOR ARIEL
SALVADOR ROWENA
REGION CODE ADDRESS : 1390 DOGWOOD WAY
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 235,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,416.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,607.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031670243 MORTGAGORS: MELTZER BART
REGION CODE ADDRESS : 530 SANTA MARGUARITA DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,756.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670284 MORTGAGORS: NAMVARI SHAHRAM
NAMVARI FARAHNAZ
REGION CODE ADDRESS : 380 SAN JUAN PLACE
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,958.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,425,600.00
P & I AMT: 9,729.59
UPB AMT: 1,424,731.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 308
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031670318 MORTGAGORS: GLIKSMAN SAM
GLIKSMAN DEBORAH
REGION CODE ADDRESS : 2604 MANNING AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,739.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 58.06400
----------------------------------------------------------------
0 0031670458 MORTGAGORS: CLARK GEORGIANNE
REGION CODE ADDRESS : 2B 143RD STREET
01 CITY : OCEAN CITY
STATE/ZIP : MD 21842
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,710.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0031670755 MORTGAGORS: WIEGMAN ALBERT
MORRIS SUSAN
REGION CODE ADDRESS : 16 FRAMAR ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.72300
----------------------------------------------------------------
0 0031670763 MORTGAGORS: LAKEWAY SHIRL
LAKEWAY LISA
REGION CODE ADDRESS : 40860 OAK BUCKET LANE
01 CITY : LEESBURG
STATE/ZIP : VA 20175
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,370.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031670847 MORTGAGORS: BROWN SHELBY
BROWN JULIA
REGION CODE ADDRESS : 5304 EAST HELENA DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 284,362.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,362.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,687,962.00
P & I AMT: 11,664.68
UPB AMT: 1,687,182.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 309
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031670920 MORTGAGORS: HOJNICKI CHESTER
HOJNICKI CATHERINE
REGION CODE ADDRESS : 66 SHORT ROCK ROAD
01 CITY : SOUTHBURY
STATE/ZIP : CT 06488
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 72.97200
----------------------------------------------------------------
0 0031671076 MORTGAGORS: LERNER MAY
LERNER RICHARD
REGION CODE ADDRESS : 11 OLDFIELD DRIVE
01 CITY : SHERBORN
STATE/ZIP : MA 01770
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.00000
----------------------------------------------------------------
0 0031671332 MORTGAGORS: JONES L. JANINE
REGION CODE ADDRESS : 12153 MAXWELLTON ROAD (STUDIO CITY
01 CITY : LOS ANGELES
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,764.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,216.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.72093
----------------------------------------------------------------
0 0031671381 MORTGAGORS: LESTER CHARLES
LESTER JACQUELYN
REGION CODE ADDRESS : 79600 ST.MARGARET'S BAY
01 CITY : BERMUDA DUNES
STATE/ZIP : CA 92201
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,563.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,820.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.24100
----------------------------------------------------------------
0 0031671407 MORTGAGORS: ENRIQUEZ VIVIAN
GARCIA ROSA
REGION CODE ADDRESS : 1229 S. CASTELLO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,971.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.56100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,875,000.00
P & I AMT: 12,871.73
UPB AMT: 1,874,327.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 310
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031671654 MORTGAGORS: LEVY CRAIG
SHAHA ADRIENNE
REGION CODE ADDRESS : 10824 ANDORA AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 285,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,020.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.27800
----------------------------------------------------------------
0 0031671670 MORTGAGORS: HARPER SCOTT
REGION CODE ADDRESS : 623 S. PITT STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,463.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031671746 MORTGAGORS: STRAND KURT
STRAND LEEANN
REGION CODE ADDRESS : 521 RYAN COURT
01 CITY : WESTMONT
STATE/ZIP : IL 60559
MORTGAGE AMOUNT : 364,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,519.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031671753 MORTGAGORS: NICCOLSON CANDACE
NICCOLSON J. CRAIG
REGION CODE ADDRESS : 34832 CANDICE COURT
01 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,756.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031671761 MORTGAGORS: O'BRIEN KELLY
O'BRIEN KIMBERLY
REGION CODE ADDRESS : 2300 EAST KENSINGTON BOULEVARD
01 CITY : SHOREWOOD
STATE/ZIP : WI 53211
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 84.05700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,600,300.00
P & I AMT: 11,134.82
UPB AMT: 1,600,056.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 311
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031671910 MORTGAGORS: MATHERS JAMES
REGION CODE ADDRESS : 3902 TALLY HO DRIVE
01 CITY : IRVING
STATE/ZIP : TX 75062
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,744.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031672108 MORTGAGORS: VALLION ROBERT
VALLION SUZANNE
REGION CODE ADDRESS : 1450 FRENCHMAN'S BEND
01 CITY : MONROE
STATE/ZIP : LA 71201
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,577.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,557.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031672207 MORTGAGORS: PHILLIPS JOHN
PHILLIPS ELEANOR
REGION CODE ADDRESS : 1702 WASHINGTON AVENUE
01 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,813.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031672256 MORTGAGORS: MARTIN LINDA
REGION CODE ADDRESS : 2223 11TH AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031672579 MORTGAGORS: HOGAN JAMES
HOGAN ANN
REGION CODE ADDRESS : 198 SURMONT CT
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 395,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,741.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 42.47800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,783,050.00
P & I AMT: 12,229.24
UPB AMT: 1,781,877.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 312
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031672611 MORTGAGORS: MURRAY JAMES
MURRAY KATHY
REGION CODE ADDRESS : 1618 IRVINE AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031672678 MORTGAGORS: WEST LLOYD
WEST ELIZABETH
REGION CODE ADDRESS : 504 CONTADA CIRCLE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,821.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.68800
----------------------------------------------------------------
0 0031672744 MORTGAGORS: STRAIN PAUL
STRAIN DIANA
REGION CODE ADDRESS : 5075 GREENHAVEN STREET
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,625.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,531.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 86.32400
----------------------------------------------------------------
0 0031672785 MORTGAGORS: NEVINS WENDELL
NEVINS DEBRA
REGION CODE ADDRESS : 840 TALBOT DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 236,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,620.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,651.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98300
----------------------------------------------------------------
0 0031672827 MORTGAGORS: FAHEY CHRISTOPHER
REGION CODE ADDRESS : 93 CANOE TREE STREET
01 CITY : MARSHFIELD
STATE/ZIP : MA 02050
MORTGAGE AMOUNT : 287,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,920.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,539,070.00
P & I AMT: 10,643.52
UPB AMT: 1,537,772.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 313
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031672918 MORTGAGORS: EVANS DOUGLAS
LICHTMAN JOANNE
REGION CODE ADDRESS : 3623 SHANNON ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90027
MORTGAGE AMOUNT : 344,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,408.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.55500
----------------------------------------------------------------
0 0031673130 MORTGAGORS: WEHNER CLARENCE
WEHNER CAROL
REGION CODE ADDRESS : 1111 PARK AVENUE
01 CITY : PETOSKEY
STATE/ZIP : MI 49770
MORTGAGE AMOUNT : 900,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 898,659.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,292.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 69.23000
----------------------------------------------------------------
0 0031673270 MORTGAGORS: GEORGE EDWARD
GEORGE MARLENE
REGION CODE ADDRESS : 18207 SETTLEMENT WAY
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78258
MORTGAGE AMOUNT : 237,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------
0 0031673429 MORTGAGORS: WILLIAMS DAVID
WILLIAMS KAREN
REGION CODE ADDRESS : 102 CREIGHTON WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.48800
----------------------------------------------------------------
0 0031673478 MORTGAGORS: SELNA MICHAEL
SELNA MARJA
REGION CODE ADDRESS : 6284 FORESTER DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,558.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,448.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.02800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,353,950.00
P & I AMT: 16,070.33
UPB AMT: 2,352,168.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 314
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031673668 MORTGAGORS: SHUTTS DAVID
SHUTTS MONICA
REGION CODE ADDRESS : 21686 CALLE ALCAZAR
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,796.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,063.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031673700 MORTGAGORS: WYCKOFF RAYMONA
REGION CODE ADDRESS : 1010 COLLEGE AVENUE
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------
0 0031673791 MORTGAGORS: POULIN PATRICK
POULIN MARLENA
REGION CODE ADDRESS : 6034 SOLEDAD MOUNTAIN ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,783.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.27900
----------------------------------------------------------------
0 0031673817 MORTGAGORS: KIM KIL
REGION CODE ADDRESS : 622 NORTH GOWER STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90004
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,314.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,815.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031673932 MORTGAGORS: ENRIGHT LAURIEANN
REGION CODE ADDRESS : 19300 HATTERAS STREET
01 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,748.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,444,500.00
P & I AMT: 10,015.94
UPB AMT: 1,443,408.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 315
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031673940 MORTGAGORS: TSYLOV LEV
TSYLOV SOFIA
REGION CODE ADDRESS : 627 37TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,805.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.75000
----------------------------------------------------------------
0 0031674013 MORTGAGORS: RUTLAND ROBERT
RUTLAND JUDY
REGION CODE ADDRESS : 165 JUPITER HILLS POINTE
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 507,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 506,191.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,970.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.45000
----------------------------------------------------------------
0 0031674047 MORTGAGORS: MENIGOZ ALAN
MENIGOZ MELINDA
REGION CODE ADDRESS : 10469 GARDEN HIGHWAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95837
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.28700
----------------------------------------------------------------
0 0031674062 MORTGAGORS: BANIHASHEMI SHAHRIYAR
BANIHASHEMI NEDA
REGION CODE ADDRESS : 272 SOUTH LASKY DRIVE NO. 203
01 CITY : BEVERLY HILL
STATE/ZIP : CA 90212
MORTGAGE AMOUNT : 316,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,276.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,267.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.14800
----------------------------------------------------------------
0 0031674070 MORTGAGORS: DACQUISTO PETER
DACQUISTO KENDRA
REGION CODE ADDRESS : 5372 OLD PIRATE LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 281,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,986.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,627,350.00
P & I AMT: 11,857.32
UPB AMT: 1,625,759.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 316
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031674161 MORTGAGORS: DUTTON PAUL
DUTTON JULIE
REGION CODE ADDRESS : 422 SOUTH LA ESPERANZA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,816.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.68000
----------------------------------------------------------------
0 0031674195 MORTGAGORS: HERNANDEZ MARTIN
MARTINEZ TERRI
REGION CODE ADDRESS : 2108 LIMEWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,310.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031674237 MORTGAGORS: KWASNOWSKI JAMES
LAMONTAGNE ROCHELLE
REGION CODE ADDRESS : 5214 HILLVIEW LANE
01 CITY : ORLANDO
STATE/ZIP : FL 32819
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031674344 MORTGAGORS: DUSTRUD W
HEINZEN GAYLE
REGION CODE ADDRESS : 11981 TIFFANY LANE
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55344
MORTGAGE AMOUNT : 264,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,398.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98758
----------------------------------------------------------------
0 0031674393 MORTGAGORS: DOOLEY TERRYL
DOOLEY CONNI
REGION CODE ADDRESS : 11440 HESPERIAN CIRCLE
01 CITY : GOLD RIVER
STATE/ZIP : CA 95670
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,814.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 83.07600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,301,100.00
P & I AMT: 9,130.81
UPB AMT: 1,300,339.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 317
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031674468 MORTGAGORS: SILVERMAN EDWARD
SILVERMAN BETH
REGION CODE ADDRESS : 16482 DORADO DRIVE
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 457,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,040.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.70900
----------------------------------------------------------------
0 0031674666 MORTGAGORS: ANTONIO ADELAIDA
REGION CODE ADDRESS : 636 CAMBRIDGE DRIVE
01 CITY : BURBANK
STATE/ZIP : CA 91504
MORTGAGE AMOUNT : 297,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,030.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031674708 MORTGAGORS: WEISS STEVEN
WEISS REBECCA
REGION CODE ADDRESS : 353 NORTH CITRUS AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,767.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,188.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.60000
----------------------------------------------------------------
0 0031674757 MORTGAGORS: BROKER TERRANCE
BROKER JULIE
REGION CODE ADDRESS : 9 OAK POINT DRIVE SOUTH
01 CITY : BAYVILLE
STATE/ZIP : NY 11709
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,756.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031674922 MORTGAGORS: PAREJA VICTOR
PAREJA FRANCIS
REGION CODE ADDRESS : 4 KINGSBRIDGE ROAD
01 CITY : EDISON
STATE/ZIP : NJ 08817
MORTGAGE AMOUNT : 239,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,627,000.00
P & I AMT: 11,205.13
UPB AMT: 1,626,524.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 318
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031674955 MORTGAGORS: HAWK J. GARY
LYNCH JANE
REGION CODE ADDRESS : 13328 PANTERA ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,740.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.22200
----------------------------------------------------------------
0 0031675010 MORTGAGORS: GLEICH WILLIAM
ELLSWORTH-GLEICH LINDA
REGION CODE ADDRESS : 2817 RIACHUELO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.42400
----------------------------------------------------------------
0 0031675093 MORTGAGORS: DRECHSLER HOWARD
DRECHSLER TERRI
REGION CODE ADDRESS : 919 CALLE HERMOSA
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,806.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031675176 MORTGAGORS: MILLER RENEE
REGION CODE ADDRESS : 1690 PALISADES DRIVE, UNIT #24
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,726.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031675234 MORTGAGORS: PUKLAVETZ JAMES
REGION CODE ADDRESS : 4506 AVENIDA DE LAS FLORES
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,984.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,414,250.00
P & I AMT: 9,692.08
UPB AMT: 1,413,257.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 319
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031675341 MORTGAGORS: MC MILLEN ANITA
STEPHENS PETER
REGION CODE ADDRESS : 16703 74TH PLACE WEST
01 CITY : EDMONDS
STATE/ZIP : WA 98206
MORTGAGE AMOUNT : 298,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,161.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031675366 MORTGAGORS: RAYO MICHAEL
RAYO BARBARA
REGION CODE ADDRESS : 1853 TEWKSBURY ROAD
01 CITY : COLUMBUS
STATE/ZIP : OH 43221
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,817.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.54500
----------------------------------------------------------------
0 0031675416 MORTGAGORS: PINILLI FLORANTE
PINILLI EVELYN
REGION CODE ADDRESS : 5 RIVER DELL
01 CITY : OAKLAND
STATE/ZIP : NJ 07436
MORTGAGE AMOUNT : 298,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,861.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,008.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99248
----------------------------------------------------------------
0 0031675655 MORTGAGORS: NARAYANAN RAMASAMY
RAMASAMY JANAKI
REGION CODE ADDRESS : 19901 AHWANEE LANE
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,784.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031675671 MORTGAGORS: HANSEN PETER
HANSEN KATHY
REGION CODE ADDRESS : 3822 JASON CIRCLE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 352,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,231.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,434.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,471,000.00
P & I AMT: 10,056.25
UPB AMT: 1,469,856.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 320
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031675812 MORTGAGORS: SNOW WILLIAM
SNOW JOAN
REGION CODE ADDRESS : 4764 LA VILLA MARINA #H
01 CITY : LOS ANGELES
STATE/ZIP : CA 90292
MORTGAGE AMOUNT : 240,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,687.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,542.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 83.06800
----------------------------------------------------------------
0 0031675853 MORTGAGORS: OWENS MARK
OWENS DOROTHY
REGION CODE ADDRESS : 315 11TH STREET
01 CITY : SEAL BEACH
STATE/ZIP : CA 90704
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,526.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.60900
----------------------------------------------------------------
0 0031675911 MORTGAGORS: JOHNSON MARK
REGION CODE ADDRESS : 17552 PUTNEY CIRCLE
01 CITY : HUNTINGTON BEACH, CA
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,775.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.94500
----------------------------------------------------------------
0 0031675994 MORTGAGORS: ROOKE ANDREW
ROOKE JULIANN
REGION CODE ADDRESS : 404 NORTH LAUREL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 329,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,755.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,300.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.41100
----------------------------------------------------------------
0 0031676000 MORTGAGORS: STRAUB THOMAS
STRAUB LINDA
REGION CODE ADDRESS : 1740 OYSTER POINT WAY
01 CITY : PALM HARBOR
STATE/ZIP : FL 34683
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,548.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,470,900.00
P & I AMT: 10,065.91
UPB AMT: 1,469,293.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 321
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031676059 MORTGAGORS: ZHAO CHARLES
ZHU CATHERINE
REGION CODE ADDRESS : 1122 SOUTH 9TH AVENUE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,668.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,125.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.82100
----------------------------------------------------------------
0 0031676174 MORTGAGORS: LEVINSON GREGORY
LEVINSON CONSUELO
REGION CODE ADDRESS : 23725 TIARA STREET
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 286,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,687.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,006.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031676257 MORTGAGORS: BERGLOFF ANDREW
BERGLOFF AIDA
REGION CODE ADDRESS : 764 AVENUE B
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,549.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.83900
----------------------------------------------------------------
0 0031676307 MORTGAGORS: CROFT STEVEN
CROFT DONNA
REGION CODE ADDRESS : 608 NORTHWOOD TRAIL
01 CITY : SOUTHLAKE
STATE/ZIP : TX 76092
MORTGAGE AMOUNT : 288,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,274.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0031676448 MORTGAGORS: GLICKMAN JOEL
GLICKMAN IRENE
REGION CODE ADDRESS : 449 N HIGHLAND AVENUE
01 CITY : MERION STATION
STATE/ZIP : PA 19066
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,617,400.00
P & I AMT: 11,183.65
UPB AMT: 1,616,179.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 322
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031676562 MORTGAGORS: MALLORY JAMES
MALLORY BETSY
REGION CODE ADDRESS : 5169 DEER RUN RIDGE
01 CITY : BIG CANOE
STATE/ZIP : GA 30143
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------
0 0031676570 MORTGAGORS: BRUZA JOHN
KARLAWISH JASON
REGION CODE ADDRESS : 2017 MT VERNON STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19130
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,156.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031676596 MORTGAGORS: HAUSER TIMOTHY
HAUSER KATHRYN
REGION CODE ADDRESS : 2053 VAN TUYL PLACE
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22043
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,814.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031676612 MORTGAGORS: MAY MICHAEL
MAY IVONNE
REGION CODE ADDRESS : 7106 MATTHEW MILLS ROAD
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031676653 MORTGAGORS: NUSS ANTHONY
NUSS TERI
REGION CODE ADDRESS : 8511 WALNUT DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 248,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,156.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.17900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,343,100.00
P & I AMT: 9,223.07
UPB AMT: 1,341,904.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 323
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031676679 MORTGAGORS: SHORT RAYMOND
SHORT CONNIE
REGION CODE ADDRESS : 209 WEST AVENIDA CORDOBA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.61900
----------------------------------------------------------------
0 0031677073 MORTGAGORS: STRANGE MICHAEL
PAGE ALEXANDRA
REGION CODE ADDRESS : 13601 DEL PONIENTE ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 746,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 745,166.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,281.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 75.00000
----------------------------------------------------------------
0 0031677081 MORTGAGORS: PAIK YOUNG
REGION CODE ADDRESS : 3247 TULIPWOOD LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 237,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,414.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677107 MORTGAGORS: ZIOLKOWSKI BLAINE
GAFA BEVERLY
REGION CODE ADDRESS : 28615 EAGLETON STREET
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,665.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.12900
----------------------------------------------------------------
0 0031677115 MORTGAGORS: SANTOS ANTHONY
SANTOS SHONDA
REGION CODE ADDRESS : 7215 VIA CARMELA
01 CITY : SAN JOSE
STATE/ZIP : CA 95139
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,788,850.00
P & I AMT: 12,475.08
UPB AMT: 1,787,246.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 324
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031677156 MORTGAGORS: KAY ALEX
KAY LORI
REGION CODE ADDRESS : 6378 BERNADETTE LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92120
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,877.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677180 MORTGAGORS: MACDONALD STEVEN
MACDONALD SYBIL
REGION CODE ADDRESS : 6381 LINDENHURST AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,581.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.91100
----------------------------------------------------------------
0 0031677255 MORTGAGORS: BROWN WILLIAM
JOSOFF JAMES
REGION CODE ADDRESS : 1667 WAYNECREST DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 33.68400
----------------------------------------------------------------
0 0031677271 MORTGAGORS: GOLDENBERG RICHARD
REGION CODE ADDRESS : 2851 MOTOR AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 648,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,059.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,586.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677297 MORTGAGORS: GORDON LAURA
GORDON ISSAC
REGION CODE ADDRESS : 29200 DEEP SHADOW DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 231,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,255.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,619.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,830,000.00
P & I AMT: 12,846.69
UPB AMT: 1,827,773.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 325
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031677305 MORTGAGORS: GORMLY DONALD
GORMLY NANCY
REGION CODE ADDRESS : 5452 SHARON LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,599.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677313 MORTGAGORS: GRAUBART JEFFREY
GRAUBART LINDA
REGION CODE ADDRESS : 1795 WARWICK ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 536,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 535,777.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,936.65 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 78.32100
----------------------------------------------------------------
0 0031677339 MORTGAGORS: GREEN KEITH
GREEN BARBARA
REGION CODE ADDRESS : 5706 EMERSON COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 389,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,406.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,686.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677446 MORTGAGORS: MCGEEHAN MICHAEL
MCGEEHAN ANN
REGION CODE ADDRESS : 612 CEDAR LANE
01 CITY : VILLANOVA
STATE/ZIP : PA 19085
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,802.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031677495 MORTGAGORS: SNEDEKER JAMES
SNEDEKER DIANE
REGION CODE ADDRESS : 532 ORADELL AVENUE
01 CITY : ORADELL
STATE/ZIP : NJ 07649
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,717.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,760.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,851,500.00
P & I AMT: 13,133.05
UPB AMT: 1,849,302.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 326
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031677529 MORTGAGORS: BATHEY BALAKRISHNAN
BATHEY MEERA
REGION CODE ADDRESS : 32 HENRY J DRIVE
01 CITY : TEWKSBURY
STATE/ZIP : MA 01876
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031677867 MORTGAGORS: LARSEN PHILLIP
LARSEN DONNA
REGION CODE ADDRESS : 7540 ALPATH ROAD
01 CITY : NEW ALBANY
STATE/ZIP : OH 43054
MORTGAGE AMOUNT : 278,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,897.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.49000
----------------------------------------------------------------
0 0031677941 MORTGAGORS: VAN BEBBER TERRY
VAN BEBBER ANN
REGION CODE ADDRESS : 1421 EL MIRADERO AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 331,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,289.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031677990 MORTGAGORS: MADISON WILLIAM
MADISON KATHLEEN
REGION CODE ADDRESS : 16807 AMERICA CUP RD
01 CITY : CORNELIUS
STATE/ZIP : NC 28031
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031678121 MORTGAGORS: GEORGE GEORGE
GEORGE JOANN
REGION CODE ADDRESS : 12618 SONORA ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,812.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.06200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,404,900.00
P & I AMT: 9,747.57
UPB AMT: 1,404,712.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 327
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031678154 MORTGAGORS: GRADE GLEN
GRADE DIANE
REGION CODE ADDRESS : 2021 SHERER LANE
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,795.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.85700
----------------------------------------------------------------
0 0031678212 MORTGAGORS: FLICK PAUL
FLICK SARA
REGION CODE ADDRESS : 1342 LA PERESA DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,289.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.85900
----------------------------------------------------------------
0 0031678220 MORTGAGORS: JAURELGUT JESUS
ORTEGA ELSA
REGION CODE ADDRESS : 2000 ROSE AVENUE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 363,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,916.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,477.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031678238 MORTGAGORS: LONGWELL KATHLEEN
REGION CODE ADDRESS : 75 SELBORNE DRIVE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 41.93500
----------------------------------------------------------------
0 0031678246 MORTGAGORS: LUTTRELL GARY
REGION CODE ADDRESS : 15133 DE LA PENA CIRCLE
01 CITY : RANCHO MURIETTA
STATE/ZIP : CA 95683
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,745.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,600,700.00
P & I AMT: 11,141.63
UPB AMT: 1,599,500.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 328
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031678352 MORTGAGORS: TAYLOR M
REGION CODE ADDRESS : 38233 CALLE DE LOBO
01 CITY : MURRIETA
STATE/ZIP : CA 92562
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.82700
----------------------------------------------------------------
0 0031678527 MORTGAGORS: PLINE JENNIFER
OETTGEN HANS
REGION CODE ADDRESS : 86 WESTGATE ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.35900
----------------------------------------------------------------
0 0031678568 MORTGAGORS: DOYLE STEPHEN
LE DREW SANDRA
REGION CODE ADDRESS : 340 TUSCANY COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 418,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,181.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,890.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.66500
----------------------------------------------------------------
0 0031678576 MORTGAGORS: WASSERMAN STEPHEN
SOODIK LYNN
REGION CODE ADDRESS : 409 LINCOLN BOULEVARD
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 880,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 879,346.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,153.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 59.66100
----------------------------------------------------------------
0 0031678592 MORTGAGORS: MARQUEZ RONALD
SILVAS FRED
REGION CODE ADDRESS : 102 RED SHALE COURT
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 236,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,617.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 83.67400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,440,300.00
P & I AMT: 16,908.39
UPB AMT: 2,439,145.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 329
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031678709 MORTGAGORS: HARRINGTON JAMES
HARRINGTON LAURA
REGION CODE ADDRESS : 837 LOUDAN LANE
01 CITY : NEWTOWN SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.54500
----------------------------------------------------------------
0 0031678733 MORTGAGORS: ROSSO R
ROSSO ROSANNA
REGION CODE ADDRESS : 8731 ARBOR STREET
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 250,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031678766 MORTGAGORS: KING MICHAEL
KING KELLY
REGION CODE ADDRESS : 111 LEEK'S LOT WAY
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,682.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,574.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031678824 MORTGAGORS: JANUSZ DAVID
JANUSZ LOREE
REGION CODE ADDRESS : 28422 VIA DEL SERENO
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,460.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,353.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.40900
----------------------------------------------------------------
0 0031678873 MORTGAGORS: MELNICOE RICHARD
MELNICOE OLETA
REGION CODE ADDRESS : 4217 BOXELDER PLACE
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 315,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,794.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,124.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,647,700.00
P & I AMT: 11,052.00
UPB AMT: 1,646,337.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 330
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031678881 MORTGAGORS: PASATIERI THOMAS
REGION CODE ADDRESS : 4806 LA GAMA WAY
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93111
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,735.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 49.57900
----------------------------------------------------------------
0 0031678949 MORTGAGORS: VILLAVECES JAMES
ALTPETER RITA
REGION CODE ADDRESS : 928 HIGH POINT DRIVE
01 CITY : VENTURA
STATE/ZIP : CA 93003
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,611.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031679020 MORTGAGORS: SUTHERLAND BILL
WALKE-SUTHERLAND MARY
REGION CODE ADDRESS : 11651 SHADOWGLEN ROAD
01 CITY : EL CAJON
STATE/ZIP : CA 92020
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,762.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.08500
----------------------------------------------------------------
0 0031679038 MORTGAGORS: CHUA MARIA
REGION CODE ADDRESS : 524 MARINE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,142.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.89900
----------------------------------------------------------------
0 0031679046 MORTGAGORS: MARELICH GREGORY
LIU LISA
REGION CODE ADDRESS : 1508 OCEANO WAY
01 CITY : DAVIS
STATE/ZIP : CA 95616
MORTGAGE AMOUNT : 336,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,259.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,269.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,517,800.00
P & I AMT: 10,479.75
UPB AMT: 1,516,369.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 331
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031679061 MORTGAGORS: HOFFMAN KEITH
HOFFMAN LAURIE
REGION CODE ADDRESS : 1410 GOLDEN BELL COURT
01 CITY : DOWNERS GROVE
STATE/ZIP : IL 60515
MORTGAGE AMOUNT : 236,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,574.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031679145 MORTGAGORS: HACKETT JOHN
HACKETT NORA
REGION CODE ADDRESS : 75 SHERMAN STREET
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031679293 MORTGAGORS: FAVARO BERNARD
FAVARO AMY
REGION CODE ADDRESS : 150 BEVERLY STREET
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94043
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,945.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99647
----------------------------------------------------------------
0 0031679335 MORTGAGORS: MILLER VERNON
MILLER MARSHA
REGION CODE ADDRESS : 23224 W SAVORY PLACE
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.36300
----------------------------------------------------------------
0 0031679459 MORTGAGORS: MC CREEDY CAROLINA
MC CREEDY JOHN
REGION CODE ADDRESS : 330 BRANCH AVENUE
01 CITY : FREEPORT
STATE/ZIP : NY 11520
MORTGAGE AMOUNT : 234,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,342.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.68 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 85.27200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,337,600.00
P & I AMT: 9,276.31
UPB AMT: 1,336,801.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 332
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031679491 MORTGAGORS: SCHNEIDER JAMES
GREENBERG AMY
REGION CODE ADDRESS : 2006 WEST POTOMAC AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60622
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.22200
----------------------------------------------------------------
0 0031679541 MORTGAGORS: UMBERGER CHARLES
UMBERGER JUDITH
REGION CODE ADDRESS : 1220 SAN REMO AVENUE
01 CITY : MIAMI
STATE/ZIP : FL 33146
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,707.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,652.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.14200
----------------------------------------------------------------
0 0031679558 MORTGAGORS: MALTZ JORDAN
MALTZ JENNIFER
REGION CODE ADDRESS : 2245 LILAC LANE
01 CITY : JAMISON
STATE/ZIP : PA 18929
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031679681 MORTGAGORS: RUBENSTEIN STEVEN
REGION CODE ADDRESS : 4745 HOLBIRD AVENUE
01 CITY : CHARLESTON
STATE/ZIP : SC 29405
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,185.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031679715 MORTGAGORS: HANSEN THOMAS
HANSEN MINSOOK
REGION CODE ADDRESS : 3412 SARATOGA DRIVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,399,500.00
P & I AMT: 9,601.05
UPB AMT: 1,396,892.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 333
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031679798 MORTGAGORS: KINSLER WARREN
KINSLER KAY
REGION CODE ADDRESS : 144 WHITE OAK DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,616.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,113.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031679863 MORTGAGORS: SUSSMAN STEVE
SUSSMAN KAREN
REGION CODE ADDRESS : 26561 AVENIDA VERONICA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,413.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031679889 MORTGAGORS: SHANNON RALPH
SHANNON SUSAN
REGION CODE ADDRESS : 10 RIVERSIDE LANE
01 CITY : EASTON
STATE/ZIP : CT 06612
MORTGAGE AMOUNT : 442,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,871.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031679921 MORTGAGORS: MADHAR MANDEEP
MADHAR SURESHINDER
REGION CODE ADDRESS : 24142 KATHY AVENUE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 277,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,989.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031680093 MORTGAGORS: VEYSADA LAWRENCE
VEYSADA KAREN
REGION CODE ADDRESS : 37 CATALINA COURT
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,795.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,708,600.00
P & I AMT: 11,519.31
UPB AMT: 1,707,614.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 334
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031680184 MORTGAGORS: WINSTON STUART
WINSTON NANCY
REGION CODE ADDRESS : 3055 COTTONTAIL COURT
01 CITY : ANN ARBOR
STATE/ZIP : MI 48103
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.18100
----------------------------------------------------------------
0 0031680234 MORTGAGORS: LOHNER THOMAS
LOHNER KIMBERLY
REGION CODE ADDRESS : 925 STONEHEDGE DRIVE
01 CITY : ADDISON
STATE/ZIP : IL 60101
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.28500
----------------------------------------------------------------
0 0031680309 MORTGAGORS: CLEMSON GAYE
REGION CODE ADDRESS : 403 LOMA AVENUE
01 CITY : CAPITOLA
STATE/ZIP : CA 95010
MORTGAGE AMOUNT : 321,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,967.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031680366 MORTGAGORS: MORSHEAD IAN
MORSHEAD HOOSHIK
REGION CODE ADDRESS : 27557 CUNNINGHAM DRIVE
01 CITY : (VALENCIA AREA) SANTA CLA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,723.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.27900
----------------------------------------------------------------
0 0031680499 MORTGAGORS: KEMPH JOHN
KEMPH CONSTANCE
REGION CODE ADDRESS : 3328 PANORAMA BROOK DRIVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35216
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,742.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.51800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,617,200.00
P & I AMT: 11,116.45
UPB AMT: 1,616,433.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 335
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031680887 MORTGAGORS: TAYLOR JAMES
MCCRANEY NANCY
REGION CODE ADDRESS : 4282 EAST MERCER WAY
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,697.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,646.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031680945 MORTGAGORS: DATWYLER JOHN
USUI JILL
REGION CODE ADDRESS : 3732 BARRY AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031680986 MORTGAGORS: HICKEY GLENN
HICKEY ZENA
REGION CODE ADDRESS : 3464 CAMINO LARGO
01 CITY : CARLSBAD
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 363,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,887.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,570.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.11200
----------------------------------------------------------------
0 0031680994 MORTGAGORS: SARICA DOMINIC
BOERNER ELIZABETH
REGION CODE ADDRESS : 3252 JUDY LANE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.74000
----------------------------------------------------------------
0 0031681026 MORTGAGORS: JOHNSON WILLIAM
JOHNSON DE ANNA
REGION CODE ADDRESS : 86 N WEST STREET
01 CITY : BELLBROOK
STATE/ZIP : OH 45305
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,800.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,667,150.00
P & I AMT: 11,518.85
UPB AMT: 1,666,384.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 336
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031681109 MORTGAGORS: PATEL BHAVESH
PATEL SHAMOLI
REGION CODE ADDRESS : 9 HARVEST LANE
01 CITY : TWP. OF FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,516.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.79100
----------------------------------------------------------------
0 0031681117 MORTGAGORS: HUTCHISON ROBERT
HUTCHISON MARY
REGION CODE ADDRESS : 4010 WHITMAN AVE N
01 CITY : SEATTLE
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031681133 MORTGAGORS: REITZEL MICHAEL
REGION CODE ADDRESS : 9305 GLENLAKE DRIVE
01 CITY : AUSTIN
STATE/ZIP : TX 78731
MORTGAGE AMOUNT : 326,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,227.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.55300
----------------------------------------------------------------
0 0031681141 MORTGAGORS: DOYLE DENNIS
DOYLE LYNN
REGION CODE ADDRESS : 29342 KINGLET COURT
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,785.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031681422 MORTGAGORS: NICHOLS JUDITH
REGION CODE ADDRESS : 785 9TH STREET
01 CITY : LAKE OSWEGO
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 320,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,353.92 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,606,300.00
P & I AMT: 11,160.44
UPB AMT: 1,606,085.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 337
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031681612 MORTGAGORS: WILKINS LLOYD
WILKINS ETSU
REGION CODE ADDRESS : 53 ROLLINGWOOD DRIVE
01 CITY : ROLLING HILLS ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,632.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,099.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.63247
----------------------------------------------------------------
0 0031681653 MORTGAGORS: PROMISEL SCOTT
PROMISEL ROBERTA
REGION CODE ADDRESS : 1841 MONTEREY BLVD.,1840 BAY VIEW D
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 371,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,460.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,535.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.44700
----------------------------------------------------------------
0 0031681760 MORTGAGORS: SEXTON MARVIN
SEXTON JUDY
REGION CODE ADDRESS : 2550 S STEAMBOAT BLVD
01 CITY : STEAMBOAT SPRINGS
STATE/ZIP : CO 80477
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 34.09000
----------------------------------------------------------------
0 0031681778 MORTGAGORS: HYDER JOHN
HYDER GAYLE
REGION CODE ADDRESS : 15226 MOONGLOW DR.
01 CITY : SAN DIEGO
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031681810 MORTGAGORS: BERNSTEIN LOUIS
FUTCH PATSY
REGION CODE ADDRESS : 5308 BRIAR TREE DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75248
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,852.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,819,750.00
P & I AMT: 12,470.03
UPB AMT: 1,818,873.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 338
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031681869 MORTGAGORS: DASSA RON
DASSA DIANE
REGION CODE ADDRESS : 3297 MIDVALE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90034
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,718.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.40000
----------------------------------------------------------------
0 0031681877 MORTGAGORS: JAVANMARD MOHAMMAD
SHAHANGIAN BITA
REGION CODE ADDRESS : 18413 CHATHAM LANE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,803.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 72.84500
----------------------------------------------------------------
0 0031682032 MORTGAGORS: MCKAY DONALD
MCKAY SUZANNE
REGION CODE ADDRESS : 39 PELHAM ROAD
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 259,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,997.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031682073 MORTGAGORS: BOEZINGER WILLIAM
BOEZINGER CATHERINE
REGION CODE ADDRESS : 2045 GREENLEAF STREET
01 CITY : SANTA ANA
STATE/ZIP : CA 92706
MORTGAGE AMOUNT : 241,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.96700
----------------------------------------------------------------
0 0031682081 MORTGAGORS: BOHNETT DEBRA
REGION CODE ADDRESS : 10437 SARAH STREET
01 CITY : TOLUCA LAKE AREA
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,695.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,094.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,563,900.00
P & I AMT: 10,964.97
UPB AMT: 1,562,914.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 339
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031682107 MORTGAGORS: SWIFT PAUL
SWIFT KELLY
REGION CODE ADDRESS : 6602 WEST 98TH DRIVE
01 CITY : WESTMINSTER
STATE/ZIP : CO 80021
MORTGAGE AMOUNT : 248,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98900
----------------------------------------------------------------
0 0031682263 MORTGAGORS: SCHINDLER MICHAEL
SCHINDLER KERRY
REGION CODE ADDRESS : 19 CIDER MILL LANE
01 CITY : HUNTINGTON
STATE/ZIP : NY 11743
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 91.34900
----------------------------------------------------------------
0 0031682289 MORTGAGORS: CHOE MYUNG-AE
REGION CODE ADDRESS : 26024 OHARA LANE
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 303,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,524.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031682305 MORTGAGORS: SIMONDI MICHAEL
REGION CODE ADDRESS : 1655 HILLCREST DRIVE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.21000
----------------------------------------------------------------
0 0031682438 MORTGAGORS: HOEKENDORF EUGENE
REGION CODE ADDRESS : 3400 CARNATION AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90026
MORTGAGE AMOUNT : 299,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,566.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.38000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,440,100.00
P & I AMT: 9,990.65
UPB AMT: 1,439,444.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 340
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031682529 MORTGAGORS: ROBICHAUX PAUL
ROBICHAUX PAMELA
REGION CODE ADDRESS : 6112 MONTGOMERY COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,607.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,984.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.82700
----------------------------------------------------------------
0 0031682644 MORTGAGORS: FATEMA SHAHRIN
CHOWDHURY SHUEB
REGION CODE ADDRESS : 42-32 JUDGE STREET
01 CITY : ELMHURST
STATE/ZIP : NY 11373
MORTGAGE AMOUNT : 366,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,054.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,687.78 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031682719 MORTGAGORS: SANTOS VALMIR
SANTOS ROSIMEIRE
REGION CODE ADDRESS : 362 AIRMOUNT AVE
01 CITY : RAMSEY
STATE/ZIP : NJ 07446
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,767.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031682768 MORTGAGORS: KRISHNA ANITHA
SESHADRI KRISHNA
REGION CODE ADDRESS : 2 HAWTHORN DR
01 CITY : PLAINSBORO
STATE/ZIP : NJ 08536
MORTGAGE AMOUNT : 233,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,658.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,555.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 83.85700
----------------------------------------------------------------
0 0031683022 MORTGAGORS: ROCCO JOSEPH
ROCCO DOMENIQUE
REGION CODE ADDRESS : 24664 CORDILLERA DRIVE
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 556,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,887.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,717,150.00
P & I AMT: 12,005.15
UPB AMT: 1,716,087.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 341
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683089 MORTGAGORS: HEDDE MARC
HEDDE CHERYL
REGION CODE ADDRESS : 24911 BUCKSKIN DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,751.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,647.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.03900
----------------------------------------------------------------
0 0031683113 MORTGAGORS: SPILLMAN ERIC
SPILLMAN LORI
REGION CODE ADDRESS : 9817 OCCIDENTAL RD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,704.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 73.73100
----------------------------------------------------------------
0 0031683170 MORTGAGORS: KRUSE TIMOTHY
KRUSE KAREN
REGION CODE ADDRESS : 1N101 SIEFERT COURT
01 CITY : WINFIELD
STATE/ZIP : IL 60190
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,659.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683188 MORTGAGORS: ROBBINS ROBERT
ROBBINS TERESA
REGION CODE ADDRESS : 1464 COLUMBINE WAY
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,384.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 82.60800
----------------------------------------------------------------
0 0031683204 MORTGAGORS: CROW PATRICK
CROW GINA
REGION CODE ADDRESS : 7651 PECOS DRIVE
01 CITY : SLOUGHHOUSE
STATE/ZIP : CA 95683
MORTGAGE AMOUNT : 321,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,132.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,494,800.00
P & I AMT: 10,391.38
UPB AMT: 1,492,173.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 342
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683220 MORTGAGORS: OUSLEY T
OUSLEY MARY
REGION CODE ADDRESS : 829 BERTRAM STREET
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 561,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,372.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,974.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------
0 0031683246 MORTGAGORS: HAYWORTH GARY
HAYWORTH LAVONNE
REGION CODE ADDRESS : 7320 RANCHO VERDE LANE
01 CITY : LOOMIS
STATE/ZIP : CA 95650
MORTGAGE AMOUNT : 256,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,018.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.41100
----------------------------------------------------------------
0 0031683279 MORTGAGORS: O'CONNOR DANIEL
O'CONNOR KRISTI
REGION CODE ADDRESS : 911 41ST STREET
01 CITY : SACRAMENTO
STATE/ZIP : CA 95819
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,829.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683287 MORTGAGORS: EADS STANTON
EADS ROSEMARY
REGION CODE ADDRESS : 705 KNOCKNABOUL WAY
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,793.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683329 MORTGAGORS: COFFIN JOHN
SCHEMBRI SUZANNE
REGION CODE ADDRESS : 702 ENDSLIEGH COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,770.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.58600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,659,200.00
P & I AMT: 11,671.58
UPB AMT: 1,656,785.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 343
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683394 MORTGAGORS: JOHNSON GRANT
JOHNSON LAURA
REGION CODE ADDRESS : 1601 ARKELL RD
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,804.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683493 MORTGAGORS: MURILLO VICTOR
MURILLO MARTHA
REGION CODE ADDRESS : 10929 GRENACHE WAY
01 CITY : ELK GROVE
STATE/ZIP : CA 95624
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,438.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,739.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031683501 MORTGAGORS: FUJITA JOHN
FUJITA PATRICIA
REGION CODE ADDRESS : 1301 S HELBERTA AVE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,778.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683519 MORTGAGORS: PETTIT TIMOTHY
REGION CODE ADDRESS : 2 HERMOSA PLACE
01 CITY : WOODLAND
STATE/ZIP : CA 95695
MORTGAGE AMOUNT : 293,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,494.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,979.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.55700
----------------------------------------------------------------
0 0031683568 MORTGAGORS: MERNA DENNIS
MERNA THAO
REGION CODE ADDRESS : 1216 ACACIA AVENUE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,297.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,477,450.00
P & I AMT: 10,160.62
UPB AMT: 1,473,812.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 344
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683576 MORTGAGORS: HILL PHIL
HILL PATRICIA
REGION CODE ADDRESS : 175 RUBY AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 346,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,536.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.80100
----------------------------------------------------------------
0 0031683584 MORTGAGORS: BECK EARL
BECK BEVERLY
REGION CODE ADDRESS : 246 AMERICAN RIVER
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,777.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,180.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683600 MORTGAGORS: LE HANH
CHENG JADE
REGION CODE ADDRESS : 611 NORTH 18TH STREET
01 CITY : MONTEBELLO
STATE/ZIP : CA 90640
MORTGAGE AMOUNT : 318,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,613.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,229.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.71200
----------------------------------------------------------------
0 0031683618 MORTGAGORS: HERRERA GABRIEL
HERRERA LAURENCE
REGION CODE ADDRESS : 30741 OXFORD WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 267,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,500.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.01300
----------------------------------------------------------------
0 0031683675 MORTGAGORS: OLSON RONALD
OLSON HEIDI
REGION CODE ADDRESS : 21755 SUTHERLAND DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,684.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,755.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.81400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,645,600.00
P & I AMT: 11,434.26
UPB AMT: 1,644,111.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 345
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683717 MORTGAGORS: HALAL WILLIAM
HALAL CAROL
REGION CODE ADDRESS : 3342 MAUD STREET, N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,655.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.60600
----------------------------------------------------------------
0 0031683733 MORTGAGORS: SIGMAN ALAN
REGION CODE ADDRESS : 5640 GREENBUSH AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91401
MORTGAGE AMOUNT : 245,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,279.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.34500
----------------------------------------------------------------
0 0031683758 MORTGAGORS: SLAUGHTER WILLIAM
PERRY RAIN
REGION CODE ADDRESS : 12486 SISAR RD
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 353,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,046.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031683766 MORTGAGORS: MULCAHY MICHAEL
MULCAHY MARLENE
REGION CODE ADDRESS : 24 BEEHOLM ROAD
01 CITY : REDDING
STATE/ZIP : CT 06896
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.18700
----------------------------------------------------------------
0 0031683774 MORTGAGORS: CRICKMORE ROBERT
CLAIREBORNE SANDRA
REGION CODE ADDRESS : 27388 OAK SUMMIT ROAD
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 242,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,719.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.22800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,742,200.00
P & I AMT: 11,665.71
UPB AMT: 1,740,281.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 346
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031683790 MORTGAGORS: TEPPER CARY
REGION CODE ADDRESS : 8735 RIDGE ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 399,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,555.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,593.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------
0 0031683840 MORTGAGORS: CHOE JOONG
CHOE CONNIE
REGION CODE ADDRESS : 2528 WHITTIER DRIVE
01 CITY : LA CRESCENTA AREA
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,803.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031683923 MORTGAGORS: MCCRACKEN JOHNNY
MCCRACKEN ANNETTE
REGION CODE ADDRESS : 9709 ORTANO LANE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 347,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,428.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,371.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.38300
----------------------------------------------------------------
0 0031684186 MORTGAGORS: LEE TONY
LEE SUSAN
REGION CODE ADDRESS : 19920 AHWANEE LANE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 67.57400
----------------------------------------------------------------
0 0031684236 MORTGAGORS: DUBOIS JOHN
REGION CODE ADDRESS : 6304 STONEHAM LANE
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,711.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.91600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,650,600.00
P & I AMT: 11,354.35
UPB AMT: 1,649,499.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 347
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031684244 MORTGAGORS: STEMMERMAN JEFFREY
STEMMERMAN CAROL
REGION CODE ADDRESS : 3620 PONTIAC DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.66600
----------------------------------------------------------------
0 0031684277 MORTGAGORS: GROGAN THOMAS
GROGAN GAIL
REGION CODE ADDRESS : 3 SANDPOINT DRIVE
01 CITY : RICHMOND
STATE/ZIP : CA 94804
MORTGAGE AMOUNT : 241,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
0 0031684350 MORTGAGORS: KOTEEN GLENN
REGION CODE ADDRESS : 1421 RUTHERFORD DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 529,576.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,570.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.51500
----------------------------------------------------------------
0 0031684384 MORTGAGORS: BRECK JOSEPH
BRODY-BRECK LISA
REGION CODE ADDRESS : 221 ST DAVIDS COURT
01 CITY : ST DAVIDS
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 423,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,957.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.03600
----------------------------------------------------------------
0 0031684442 MORTGAGORS: HINRICHS KURT
COOPER LYNN
REGION CODE ADDRESS : 5622 167TH PLACE SE
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 300,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,671.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,078.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.99300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,755,350.00
P & I AMT: 12,027.40
UPB AMT: 1,754,697.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 348
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031684566 MORTGAGORS: ROGERS RICHARD
ROGERS MARY
REGION CODE ADDRESS : 1225 OGARD RANCH ROAD
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 363,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,536.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,359.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.24400
----------------------------------------------------------------
0 0031684632 MORTGAGORS: AHUMADA JIM
AHUMADA GAIL
REGION CODE ADDRESS : 85 SAN SEBASTIAN
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 254,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031684673 MORTGAGORS: HALLER ANDREW
REGION CODE ADDRESS : 404 SPRING GARDEN LANE
01 CITY : WEST CONSHOHOCKEN
STATE/ZIP : PA 19428
MORTGAGE AMOUNT : 299,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031684731 MORTGAGORS: WILLIAMS THOMAS
CHRISTIANSEN LYNNE
REGION CODE ADDRESS : 1342 TRESTLE GLEN RD
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,951.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.42500
----------------------------------------------------------------
0 0031684780 MORTGAGORS: COCHRAN JAMES
REGION CODE ADDRESS : 707 COVE DRIVE
01 CITY : BIG BEAR LAKE
STATE/ZIP : CA 92315
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.89100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,513,950.00
P & I AMT: 10,082.34
UPB AMT: 1,511,637.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 349
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031684798 MORTGAGORS: WILSON DEBORAH
HOADLEY WILLIAM
REGION CODE ADDRESS : 1958 HARVARD AVENUE EAST #305
01 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 437,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,948.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031684962 MORTGAGORS: SEESKIN KENNETH
WASSERMAN BRONNA
REGION CODE ADDRESS : 2965 GRANT STREET
01 CITY : EVANSTON
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.40000
----------------------------------------------------------------
0 0031685043 MORTGAGORS: SMITH PETER
SMITH ROSA
REGION CODE ADDRESS : 6824 CORTE DE FLORES
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------
0 0031685167 MORTGAGORS: GREELY JAMES
REGION CODE ADDRESS : 7625 TREERIDGE COURT
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 319,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,494.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.29100
----------------------------------------------------------------
0 0031685233 MORTGAGORS: WILLIAMS CHARLES
REGION CODE ADDRESS : 11 NORTH CASTAWAYS
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 588,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 587,506.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,862.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,987,350.00
P & I AMT: 13,344.72
UPB AMT: 1,986,600.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 350
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031685266 MORTGAGORS: ETSEKSON DONALD
ETSEKSON DEANNE
REGION CODE ADDRESS : 2721 60TH AVENUE SOUTHEAST
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 750,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 015
LTV : 54.54500
----------------------------------------------------------------
0 0031685290 MORTGAGORS: LEE JUNG
REGION CODE ADDRESS : 979 VISTA GRANDE
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.27200
----------------------------------------------------------------
0 0031685449 MORTGAGORS: TURNER DEANNA
REGION CODE ADDRESS : 3000 WASHINGTON STREET
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,810.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031685456 MORTGAGORS: HENDERSHOTT KURT
HENDERSHOTT AIMEE
REGION CODE ADDRESS : 6 KINGSTON ROAD
01 CITY : KENSINGTON
STATE/ZIP : CA 94707
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031685472 MORTGAGORS: TAMAYO ROMAN
DOWLIN-TAMAYO ROBERTA
REGION CODE ADDRESS : 1768 MORNING TERRACE DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,798.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,872,200.00
P & I AMT: 12,514.59
UPB AMT: 1,871,808.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 351
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031685787 MORTGAGORS: PERKINS SAMUEL
PERKINS DEBORAH
REGION CODE ADDRESS : 5351 RAVEN CREEK CT
01 CITY : LEXINGTON
STATE/ZIP : KY 40515
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,508.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,297.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031685811 MORTGAGORS: WHITE GARRY
WHITE CAROL
REGION CODE ADDRESS : 5428 EAST SUNCREST ROAD
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,188.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.37200
----------------------------------------------------------------
0 0031685886 MORTGAGORS: ISHIKAWA KEIZO
ISHIKAWA NAI-LEN
REGION CODE ADDRESS : 818 MONTEREY ROAD
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031685910 MORTGAGORS: HUM HONG
HUM BERNA
REGION CODE ADDRESS : 1726 MATHEWS AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.49100
----------------------------------------------------------------
0 0031685928 MORTGAGORS: YOUNG MARC
REGION CODE ADDRESS : 2110 KENILWORTH AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 322,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,148.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,199.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,037,400.00
P & I AMT: 13,867.63
UPB AMT: 2,036,247.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 352
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031685936 MORTGAGORS: GEUVJEHIZIAN RAFFI
GEUVJEHIZIAN ELSA
REGION CODE ADDRESS : 1101 GLENWOOD ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91202
MORTGAGE AMOUNT : 274,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.76700
----------------------------------------------------------------
0 0031685969 MORTGAGORS: BADER THOMAS
BADER LINDA
REGION CODE ADDRESS : 1048 SUMMERSONG COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.80000
----------------------------------------------------------------
0 0031685993 MORTGAGORS: GARZA KEVIN
GARZA ADRIENNE
REGION CODE ADDRESS : 1732 HILLSDALE AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 251,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,913.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031686009 MORTGAGORS: BENNING JURGEN
BENNING ADI
REGION CODE ADDRESS : 7623 STONEWOOD COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,752.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031686017 MORTGAGORS: LOGAN GEORGE
LOGAN LEZLI
REGION CODE ADDRESS : 136 LOMA ALTA AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.45400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,398,500.00
P & I AMT: 9,610.15
UPB AMT: 1,398,066.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 353
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031686108 MORTGAGORS: MCCLOSKEY KEVIN
MCCLOSKEY DEBORAH
REGION CODE ADDRESS : 3147 PROMONTORY WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,869.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031686140 MORTGAGORS: WOLF PETER
WOLF KATHLEEN
REGION CODE ADDRESS : 6151 N. LEMONT
01 CITY : CHICAGO
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.40900
----------------------------------------------------------------
0 0031686157 MORTGAGORS: GABREL RYSZARD
GABREL JADWIGA
REGION CODE ADDRESS : 2846 LEANNE COURT
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,659.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,589.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 63.78800
----------------------------------------------------------------
0 0031686181 MORTGAGORS: KOKINAKOS CHRISTOS
KOKINAKOS STELLA
REGION CODE ADDRESS : 6543 NEWPORT LAKE CIRCLE
01 CITY : BOCA BATON
STATE/ZIP : FL 33496
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.16600
----------------------------------------------------------------
0 0031686199 MORTGAGORS: LUBAS MARK
LUBAS JEAN
REGION CODE ADDRESS : 37 VILLAGE WAY
01 CITY : BRANCHBURG TOWNSHIP
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.27000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,887,000.00
P & I AMT: 13,143.79
UPB AMT: 1,885,529.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 354
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031686249 MORTGAGORS: GREGG ANDREW
GREGG KIMBERLY
REGION CODE ADDRESS : 43 SUNSET HILL ROAD
01 CITY : REDDING
STATE/ZIP : CT 06896
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,787.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031686454 MORTGAGORS: DAVIS TODD
DAVIS CATHERINE
REGION CODE ADDRESS : 4174 REMILLARD COURT
01 CITY : PLEASANTON,
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 558,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,335.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,906.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031686462 MORTGAGORS: RIEBLING CHARLES
RIEBLING THERESA
REGION CODE ADDRESS : 2065 MOUNT HEBRON DRIVE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031686470 MORTGAGORS: ALVAREZ RAFAEL
KAIDO-ALVAREZ KIMBERLY
REGION CODE ADDRESS : 7306 RANCHO MOLINO TRAIL
01 CITY : FORESTVILLE
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,330.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------
0 0031686496 MORTGAGORS: MASON ROBERT
MASON GLORIA
REGION CODE ADDRESS : 2001 DAY VALLEY ROAD
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 670,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 670,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,570.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 78.82300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,114,750.00
P & I AMT: 14,626.15
UPB AMT: 2,113,453.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 355
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031686520 MORTGAGORS: DAVIS ROGER
MASON VIRGINIA
REGION CODE ADDRESS : 1054 RANCHO LINDO DRIVE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 327,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,986.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.97400
----------------------------------------------------------------
0 0031686546 MORTGAGORS: FLORIO DALE
FLORIO LESLIE
REGION CODE ADDRESS : 87 HIGH RIDGE ROAD
01 CITY : SKILLMAN
STATE/ZIP : NJ 08558
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,575.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 24.00000
----------------------------------------------------------------
0 0031686637 MORTGAGORS: KIM YOUNG
KIM JEANNIE
REGION CODE ADDRESS : 4191 AMBERFIELD CIRCLE
01 CITY : NORCROSS
STATE/ZIP : GA 30092
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031686793 MORTGAGORS: SADA MARK
HARWAY ELANA
REGION CODE ADDRESS : 1009 GOLDENROD LANE
01 CITY : SAN LUIS OBISPO
STATE/ZIP : CA 93401
MORTGAGE AMOUNT : 300,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,865.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,047.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031686884 MORTGAGORS: JACKSON CHRISTOPHER
JACKSON JULIE
REGION CODE ADDRESS : 9591 PENWOOD WAY
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,449.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.53800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,431,550.00
P & I AMT: 10,045.07
UPB AMT: 1,429,876.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 356
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031686967 MORTGAGORS: WARE CARL
WARE KIM
REGION CODE ADDRESS : 1038 SANTA QUETA
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,173.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,222.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.14600
----------------------------------------------------------------
0 0031687015 MORTGAGORS: BIDOU ANDREW
BIDOU SUZANNE
REGION CODE ADDRESS : 1827 SINCLAIR DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,383.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
0 0031687056 MORTGAGORS: BULCKE PIETER
CARREMANS MARIA
REGION CODE ADDRESS : 2399 MCCREA ROAD
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,441.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031687064 MORTGAGORS: TOMPERT MICHAEL
TOMPERT CLAUDIA
REGION CODE ADDRESS : 216 FULTON STREET
01 CITY : PALO ALTO
STATE/ZIP : CA 94301
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,978.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,857.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------
0 0031687130 MORTGAGORS: STACK ROBERT
STACK CINDY
REGION CODE ADDRESS : 15100 TAYLOR ROAD
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,503.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.54100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,717,000.00
P & I AMT: 11,591.83
UPB AMT: 1,712,482.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 357
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687148 MORTGAGORS: BLANCHAR MICHAEL
REGION CODE ADDRESS : 1321 OAKLAWN AVENUE
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,111.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------
0 0031687163 MORTGAGORS: VOSWINKEL PATRICK
VOSWINKEL EUNICE
REGION CODE ADDRESS : 575 LAKE MEDLOCK DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,016.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031687304 MORTGAGORS: KRAL DAVID
REGION CODE ADDRESS : 2101 BEACH ST # 105
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94123
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,390.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031687312 MORTGAGORS: ALTIERI MICHAEL
ALTIERI MARGARET
REGION CODE ADDRESS : 1211 OLD STABLE ROAD
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,799.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 59.16600
----------------------------------------------------------------
0 0031687353 MORTGAGORS: RIECKELMAN HARRY
RIECKELMAN LORI
REGION CODE ADDRESS : 6423 79TH STREET
01 CITY : CABIN JOHN
STATE/ZIP : MD 20818
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,798.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 50.27000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,366,350.00
P & I AMT: 9,448.24
UPB AMT: 1,365,115.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 358
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687387 MORTGAGORS: ANDERSON WARREN
ANDERSON TERUNESH
REGION CODE ADDRESS : 4609 NW BLAGDEN TERRACE
01 CITY : WASHINGTON
STATE/ZIP : DC 20011
MORTGAGE AMOUNT : 237,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,373.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.86700
----------------------------------------------------------------
0 0031687395 MORTGAGORS: FROELICH JEROME
REGION CODE ADDRESS : 368 BROW DRIVE
01 CITY : CLOUDLAND
STATE/ZIP : GA 30731
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,611.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031687403 MORTGAGORS: PLASKO ROBERT
PLASKO WENDY
REGION CODE ADDRESS : 5726 HOLLY LANE
01 CITY : JUPITER
STATE/ZIP : FL 33458
MORTGAGE AMOUNT : 349,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,953.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,384.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031687452 MORTGAGORS: ERBEN RANDALL
ERBEN AMY
REGION CODE ADDRESS : 3310 RIVER ROAD
01 CITY : AUSTIN
STATE/ZIP : TX 78703
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,740.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.82300
----------------------------------------------------------------
0 0031687460 MORTGAGORS: HINTON JOHNNY
HINTON ALMA
REGION CODE ADDRESS : 111 HECK ANDREWS WAY
01 CITY : APEX
STATE/ZIP : NC 27502
MORTGAGE AMOUNT : 298,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,170.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,483,700.00
P & I AMT: 10,196.31
UPB AMT: 1,481,849.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 359
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687494 MORTGAGORS: CLARE PETER
REGION CODE ADDRESS : 5406 ALBERMARLE STREET
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,569.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031687502 MORTGAGORS: MCMILLAN JOSEPH
REGION CODE ADDRESS : 115 HERITAGE DRIVE
01 CITY : AUSTIN
STATE/ZIP : TX 78737
MORTGAGE AMOUNT : 260,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,886.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031687577 MORTGAGORS: CHAIM NISSIM
CHAIM SCARLET
REGION CODE ADDRESS : 415 N FLORES STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 245,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,134.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,716.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 46.76190
----------------------------------------------------------------
0 0031687635 MORTGAGORS: SCHNEIDER WENDY
REGION CODE ADDRESS : 7789 SKYHILL DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,797.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.75 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 73.80900
----------------------------------------------------------------
0 0031687676 MORTGAGORS: ZUBROWSKI GEORGE
ZUBROWSKI JOLANTA
REGION CODE ADDRESS : 933 SHERIDAN ROAD
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,810.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,993.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 64.70500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,600.00
P & I AMT: 11,235.55
UPB AMT: 1,614,198.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 360
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687734 MORTGAGORS: LOGAN GARY
LOGAN PAMELA
REGION CODE ADDRESS : 8169 WAR GLORY PLACE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 760,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 760,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,314.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 69.09000
----------------------------------------------------------------
0 0031687742 MORTGAGORS: MINK M.
MINK KATHLEEN
REGION CODE ADDRESS : 1211 WOODSIDE PARKWAY
01 CITY : SILVER SPRING
STATE/ZIP : MD 20910
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,782.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031687775 MORTGAGORS: HALL WALTER
HALL SHERRY
REGION CODE ADDRESS : 427 WINGED FOOT DRIVE
01 CITY : MCDONOUGH
STATE/ZIP : GA 30253
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,782.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.92800
----------------------------------------------------------------
0 0031687809 MORTGAGORS: WIACEK VITOL
WIACEK KATHLEEN
REGION CODE ADDRESS : 3943 LAS OLIVAS LANE
01 CITY : GLENDALE
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 262,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,600.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,815.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.63600
----------------------------------------------------------------
0 0031687841 MORTGAGORS: HODNETT JOHN
HODNETT CYNTHIA
REGION CODE ADDRESS : 2131 MEADOW BROOK COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,727.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,566.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.26300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,947,800.00
P & I AMT: 13,586.11
UPB AMT: 1,945,892.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 361
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687874 MORTGAGORS: REZNIK RANDAL
REZNIK JANET
REGION CODE ADDRESS : 6715 LAKEHURST AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75230
MORTGAGE AMOUNT : 318,210.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,955.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,143.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.14600
----------------------------------------------------------------
0 0031687890 MORTGAGORS: LEWIS LEO
LEWIS PAULETTE
REGION CODE ADDRESS : 8327 JOE RODGERS ROAD
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,792.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.40200
----------------------------------------------------------------
0 0031687908 MORTGAGORS: MUMFORD JOHN
MUMFORD KAREN
REGION CODE ADDRESS : 3609 DORADO COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22031
MORTGAGE AMOUNT : 296,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,718.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.12900
----------------------------------------------------------------
0 0031687932 MORTGAGORS: LEZADA JOHN
LEZADA NADINE
REGION CODE ADDRESS : 5145 SEASIDE COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 299,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.41600
----------------------------------------------------------------
0 0031687957 MORTGAGORS: TELLO JOHN
TELLO JANE
REGION CODE ADDRESS : 634 MEADE DRIVE, SW
01 CITY : LEESBURG
STATE/ZIP : VA 20175
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,794.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.23100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,443,710.00
P & I AMT: 9,872.77
UPB AMT: 1,442,588.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 362
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031687965 MORTGAGORS: MCENULTY FRANK
MCENULTY CHERYL
REGION CODE ADDRESS : 3261 JULIAN AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,809.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.06300
----------------------------------------------------------------
0 0031687973 MORTGAGORS: LAKHANI KARIM
REGION CODE ADDRESS : 21 JAYSTONE COURT
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,803.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031687981 MORTGAGORS: WOMACK JAMES
WOMACK MICHELLE
REGION CODE ADDRESS : 5740 COLODNY DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,775.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,111.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.77100
----------------------------------------------------------------
0 0031687999 MORTGAGORS: JOHNSON KELLER
PETTY SUSAN
REGION CODE ADDRESS : 5012 STILL MEADOW DRIVE
01 CITY : FORT WORTH
STATE/ZIP : TX 76132
MORTGAGE AMOUNT : 258,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,593.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031688005 MORTGAGORS: VANN DAVID
VANN JODI
REGION CODE ADDRESS : 155 HIGHLAND POINT
01 CITY : NEWNAN
STATE/ZIP : GA 30265
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,619.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,329.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,563,800.00
P & I AMT: 10,763.15
UPB AMT: 1,562,601.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 363
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031688021 MORTGAGORS: SINGH RICHARD
SINGH ELIZABETH
REGION CODE ADDRESS : 1842 FUMIA PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 329,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,955.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99339
----------------------------------------------------------------
0 0031688047 MORTGAGORS: POTTS CHRISTOPHER
POTTS SU
REGION CODE ADDRESS : 1123 OLIVE LANE
01 CITY : LA CANADA-FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 307,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,617.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.57000
----------------------------------------------------------------
0 0031688070 MORTGAGORS: MOHANTY MIHIR
SHYU SHARON
REGION CODE ADDRESS : 18890 WOODLEIGH COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,517.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.90400
----------------------------------------------------------------
0 0031688088 MORTGAGORS: SMITH MALCOLM
SMITH ANN
REGION CODE ADDRESS : 6617 CASTLE PINES DRIVE
01 CITY : PLANO
STATE/ZIP : TX 75075
MORTGAGE AMOUNT : 318,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,644.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------
0 0031688104 MORTGAGORS: BOYLE TIMOTHY
BOYLE NADINE
REGION CODE ADDRESS : 4340 ELDER AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,411.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.00311
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,859,400.00
P & I AMT: 12,919.90
UPB AMT: 1,857,147.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 364
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031688112 MORTGAGORS: FORSTER ROBERT
FORSTER NANCY
REGION CODE ADDRESS : 1461 HARRINGTON PARK DRIVE
01 CITY : JACKSONVILLE
STATE/ZIP : FL 32225
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,760.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031688146 MORTGAGORS: NABITY JEFFREY
NABITY RONDA
REGION CODE ADDRESS : 137 MEADOW HILL ROAD
01 CITY : FORT WORTH
STATE/ZIP : TX 76108
MORTGAGE AMOUNT : 255,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,140.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031688187 MORTGAGORS: EMERY JONATHON
EMERY REBECCA
REGION CODE ADDRESS : 800 SOUTH CANYON GARDEN LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 401,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,959.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,840.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031688229 MORTGAGORS: TERRIZZANO FRANCISCO
TERRIZZANO LYNN
REGION CODE ADDRESS : 6132 YEADON WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,816.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.41200
----------------------------------------------------------------
0 0031688294 MORTGAGORS: OTTO GARY
OTTO HANNA
REGION CODE ADDRESS : 523 MARINE AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 347,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,898.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,457.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 57.85800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,950.00
P & I AMT: 10,487.53
UPB AMT: 1,521,575.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 365
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031688377 MORTGAGORS: FRANK ANDREW
WATKINS ELIZABETH
REGION CODE ADDRESS : 2715 SHASTA ROAD
01 CITY : BERKELEY
STATE/ZIP : CA 94708
MORTGAGE AMOUNT : 401,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,671.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.95327
----------------------------------------------------------------
0 0031688385 MORTGAGORS: MOORE TIMOTHY
MOORE ELIZABETH
REGION CODE ADDRESS : 31 HIGHRIDGE CIRCLE
01 CITY : FRANKLIN
STATE/ZIP : MA 02038
MORTGAGE AMOUNT : 427,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,690.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,022.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
0 0031688518 MORTGAGORS: LIU MEL
REGION CODE ADDRESS : 901 VOLANTE DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------
0 0031688575 MORTGAGORS: HITTLE TED
HITTLE DEBBIE
REGION CODE ADDRESS : 19546 GERMAIN STREET
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,248.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
0 0031688591 MORTGAGORS: GUZZO ROBERT
FINKE-GUZZO LISA
REGION CODE ADDRESS : 1021 W BAY AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92661
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 452,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,121.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,918,000.00
P & I AMT: 13,158.36
UPB AMT: 1,917,139.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 366
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031688682 MORTGAGORS: GIBBONS VINCENT
GIBBONS MARCELLINA
REGION CODE ADDRESS : 227 E LOCKWOOD
01 CITY : WEBSTER GROVES
STATE/ZIP : MO 63119
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,793.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.00000
----------------------------------------------------------------
0 0031688716 MORTGAGORS: TAVACKOLI FERAIDOON
FARAHANI FARIDEH
REGION CODE ADDRESS : 1223 REDMOND AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 307,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031688724 MORTGAGORS: CHOI KEO
REGION CODE ADDRESS : 1522 SUNNY CREST DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,307.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031688732 MORTGAGORS: PARK LAWRENCE
PARK KAY
REGION CODE ADDRESS : 5334 ANGELES CREST HIGHWAY
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 441,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,655.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,008.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031688823 MORTGAGORS: SWARTZ D
REGION CODE ADDRESS : 7623 GREENWOOD COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,715.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.83300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,643,700.00
P & I AMT: 11,359.64
UPB AMT: 1,642,672.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 367
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031688914 MORTGAGORS: BLOCH HOWARD
BLOCH DORIS
REGION CODE ADDRESS : 6406 KILKENNY LANE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 330,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,050.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,336.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.50700
----------------------------------------------------------------
0 0031688989 MORTGAGORS: TRIMM DIANE
REGION CODE ADDRESS : 476 HILLANDELL DRIVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35244
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,656.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 67.70800
----------------------------------------------------------------
0 0031688997 MORTGAGORS: REGALADO MICHAEL
REGALADO AMY
REGION CODE ADDRESS : 1385 AVONREA ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 431,840.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,840.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,019.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689003 MORTGAGORS: MANCA CHARLES
REGION CODE ADDRESS : 118 ACACIA COURT
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,230.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.80800
----------------------------------------------------------------
0 0031689011 MORTGAGORS: SHAH SUNIL
SHAH SONAL
REGION CODE ADDRESS : 3636 HERMOSA PLACE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,352.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.88000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,217,390.00
P & I AMT: 15,638.85
UPB AMT: 2,217,120.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 368
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031689029 MORTGAGORS: SUE FRANK
CADUCOY LINDA
REGION CODE ADDRESS : 9827 CARRARA COURT
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,900.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.25000
----------------------------------------------------------------
0 0031689045 MORTGAGORS: THANG KEVIN
THANG KEIKO
REGION CODE ADDRESS : 4124 STONE CANYON AVENUE
01 CITY : SHERMAN OAKS AREA LOS ANG
STATE/ZIP : CA 91403
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,697.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,646.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689060 MORTGAGORS: GOEI STEPHEN
GOEI GIN
REGION CODE ADDRESS : 1870 ALHAMBRA ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,663.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689086 MORTGAGORS: TROY MARK
STEIN MICHELE
REGION CODE ADDRESS : 4194 HAYVENHURST DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 471,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,032.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,215.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.94300
----------------------------------------------------------------
0 0031689094 MORTGAGORS: SELBO TODD
SELBO PATRICIA
REGION CODE ADDRESS : 40 MONTE VISTA
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 243,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,319.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.05800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,791,400.00
P & I AMT: 12,305.71
UPB AMT: 1,789,612.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 369
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031689110 MORTGAGORS: THYBERG GREGORY
THYBERG KATHLEEN
REGION CODE ADDRESS : 2155 EL MOLINO AVENUE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 417,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 417,090.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,918.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.42600
----------------------------------------------------------------
0 0031689136 MORTGAGORS: FONG DENNIS
FONG SHIRLEY
REGION CODE ADDRESS : 580 CATALINA ROAD
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,745.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 49.33300
----------------------------------------------------------------
0 0031689151 MORTGAGORS: HERRERA STEVEN
HERRERA DARLENE
REGION CODE ADDRESS : 721 ALIENTO WAY
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,779.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,076.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031689169 MORTGAGORS: SOPER MATTHEW
SOPER ANGELA
REGION CODE ADDRESS : 4216 KEYSTONE AVENUE
01 CITY : CULVER CITY
STATE/ZIP : CA 90232
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689177 MORTGAGORS: SEAT DR. NORMAN
SEAT KELLY
REGION CODE ADDRESS : 32911 ARROWHEAD DRIVE
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,750.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,441.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 83.13200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,619,400.00
P & I AMT: 11,202.86
UPB AMT: 1,618,169.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 370
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031689193 MORTGAGORS: SCHROEDER LAWRENCE
SCHROEDER LAUREL
REGION CODE ADDRESS : 830 NORTH GRAND AVENUE
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,775.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.29400
----------------------------------------------------------------
0 0031689219 MORTGAGORS: MAPHIS GEORGE
MAPHIS RITA
REGION CODE ADDRESS : 20057 TERRACE COURT
01 CITY : SAUGUS
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 261,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,601.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.72500
----------------------------------------------------------------
0 0031689235 MORTGAGORS: SCOTT GARY
SCOTT SUSAN
REGION CODE ADDRESS : 12395 SPRING CREEK ROAD
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,801.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.27200
----------------------------------------------------------------
0 0031689250 MORTGAGORS: TURNER KEVIN
TURNER ENID
REGION CODE ADDRESS : 6584 OAK FOREST DRIVE
01 CITY : AGOURA AREA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,789.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.88888
----------------------------------------------------------------
0 0031689268 MORTGAGORS: TODD JEFF
TODD RACHEL
REGION CODE ADDRESS : 11918 MCDONALD STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90230
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,823.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.58800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,335,500.00
P & I AMT: 9,274.76
UPB AMT: 1,333,790.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 371
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031689276 MORTGAGORS: SHERIDAN FRANK
SHERIDAN GINA
REGION CODE ADDRESS : 3272 LOMA ALTA DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 364,155.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,884.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,546.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.86500
----------------------------------------------------------------
0 0031689375 MORTGAGORS: BROOKS RONALD
BROOKS PHYLLIS
REGION CODE ADDRESS : 400 RIVERSIDE AVENUE
01 CITY : BEN LOMOND
STATE/ZIP : CA 95005
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,819.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031689409 MORTGAGORS: MURPHY THOMAS
REGION CODE ADDRESS : 4918 BILOXI AVENUE
01 CITY : NORTH HOLLYWOOD
STATE/ZIP : CA 91601
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,798.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689433 MORTGAGORS: ROSE RICHARD
ROSE MARSHA
REGION CODE ADDRESS : 7299 WEST 85TH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689466 MORTGAGORS: CLARK WILLIAM
CLARK LORI
REGION CODE ADDRESS : 13 KING EIDER LANE
01 CITY : ALISO VIEJO
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,004.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,432,655.00
P & I AMT: 9,948.62
UPB AMT: 1,432,002.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 372
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031689672 MORTGAGORS: PURYEAR JOHN
PURYEAR MARGARET
REGION CODE ADDRESS : 6620 OAK SPRINGS DRIVE
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.88500
----------------------------------------------------------------
0 0031689698 MORTGAGORS: HENDLER STACEY
ROSS ROGER
REGION CODE ADDRESS : 1834 FLOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 263,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,744.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------
0 0031689797 MORTGAGORS: MCGRATH JOHN
MCGRATH MONICA
REGION CODE ADDRESS : 7017 SONORA COURT
01 CITY : VENTURA
STATE/ZIP : CA 93003
MORTGAGE AMOUNT : 320,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,673.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,359.95 OUTSIDE CONV DATE :
LIFETIME RATE : 8.05000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.05000 PRODUCT CODE : 002
LTV : 94.98516
----------------------------------------------------------------
0 0031689847 MORTGAGORS: HANNAY DONALD
HANNAY JOAN
REGION CODE ADDRESS : 6570 WINDFLOWER DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 321,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,021.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,247.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031689854 MORTGAGORS: ALTMAN STEVEN
REGION CODE ADDRESS : 20 MARSHALL STREET UNIT 20-3
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.60800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,503,550.00
P & I AMT: 10,457.58
UPB AMT: 1,502,438.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 373
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690019 MORTGAGORS: ABAD BELINDA
NICHOLS JOSEPH
REGION CODE ADDRESS : 6350 BLACKBERRY COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 240,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,409.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------
0 0031690118 MORTGAGORS: DAS LEANN
DAS PRANTA
REGION CODE ADDRESS : 4708 AMIENS AVENUE
01 CITY : FREMONT,
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690126 MORTGAGORS: EARL KENNON
REGION CODE ADDRESS : 2301 CASTILIAN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 343,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,403.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031690183 MORTGAGORS: BLANCHARD JANIS
BEAVERS SCOTT
REGION CODE ADDRESS : 2305 HOWARD AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,665.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,714.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690191 MORTGAGORS: BELL KENNETH
BELL TINA
REGION CODE ADDRESS : 2615 PRINDLE ROAD
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,780.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 56.12200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,547,550.00
P & I AMT: 10,629.73
UPB AMT: 1,546,654.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 374
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690209 MORTGAGORS: BROCKETT CHARLES
REGION CODE ADDRESS : 2804/2818 SOUTH PECK AVENUE
01 CITY : SAN PEDRO
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,737.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.74500
----------------------------------------------------------------
0 0031690225 MORTGAGORS: KNEBL EDWARD
KNEBL TINA
REGION CODE ADDRESS : 17952 EAST ALTA DRIVE
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,119.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,213.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 87.53500
----------------------------------------------------------------
0 0031690241 MORTGAGORS: BADANO GREGORY
REGION CODE ADDRESS : 1057 SLATE DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95405
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,605.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690266 MORTGAGORS: RANA SUSAN
REGION CODE ADDRESS : 56 ROMER AVE
01 CITY : PLEASANTVILLE
STATE/ZIP : NY 10570
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,825.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 81.31400
----------------------------------------------------------------
0 0031690274 MORTGAGORS: CIOS ADAM
CIOS BOZENA
REGION CODE ADDRESS : 1234 S LINCOLN AVE
01 CITY : PARK RIDGE
STATE/ZIP : IL 60068
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,763.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.80400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,000.00
P & I AMT: 11,126.78
UPB AMT: 1,612,051.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 375
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690282 MORTGAGORS: MURPHY PATRICK
MURPHY BARBARA
REGION CODE ADDRESS : 2910 GLENEAGLES POINTE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,795.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.62600
----------------------------------------------------------------
0 0031690308 MORTGAGORS: MCKAY JAMES
MCKAY MARCIA
REGION CODE ADDRESS : 8601 IRON GATE CT
01 CITY : FORT WORTH
STATE/ZIP : TX 76179
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,815.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.05100
----------------------------------------------------------------
0 0031690332 MORTGAGORS: TOMA MARY
REGION CODE ADDRESS : 4045 WEST COLUMBIA AVENUE
01 CITY : LINCOLNWOOD
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,772.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,139.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031690340 MORTGAGORS: FLYER MITCHELL
REGION CODE ADDRESS : 571 NORTH MARQUETTE STREET
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,232.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 52.63100
----------------------------------------------------------------
0 0031690399 MORTGAGORS: FOUTS DAVID
FOUTS REBECCA
REGION CODE ADDRESS : 1009 WATERLINE DR
01 CITY : WAKE FOREST
STATE/ZIP : NC 27587
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,781.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.27800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,314,000.00
P & I AMT: 8,970.68
UPB AMT: 1,312,397.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 376
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690407 MORTGAGORS: PRESSWOOD RON
PRESSWOOD MARGARET
REGION CODE ADDRESS : 3390 SAXONY GLEN
01 CITY : MARIETTA
STATE/ZIP : GA 30066
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,728.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.75900
----------------------------------------------------------------
0 0031690456 MORTGAGORS: LAPP MICHAEL
LAPP DEBRA
REGION CODE ADDRESS : 7680 GRANADA
01 CITY : BUENA PARK
STATE/ZIP : CA 90621
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031690498 MORTGAGORS: PARKER JEFFREY
PARKER DIANNE
REGION CODE ADDRESS : 6735 KINGS HARBOR DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,628.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690506 MORTGAGORS: POLLITT F
REGION CODE ADDRESS : 6000 STONEHENGE PLACE NORTH
01 CITY : BETHESDA
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 238,080.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,898.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,644.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690514 MORTGAGORS: EVRON UZI
EVRON ANAT
REGION CODE ADDRESS : 21 CRAMPTON AVENUE
01 CITY : GREAT NECK
STATE/ZIP : NY 11021
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,601.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.65200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,130.00
P & I AMT: 10,960.77
UPB AMT: 1,585,107.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 377
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690563 MORTGAGORS: LAPRETA ANTHONY
LAPRETA JOYCE
REGION CODE ADDRESS : 153 GRAVEL HILL ROAD
01 CITY : THE TOWNSHIP OF MANALAPAN
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,731.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690688 MORTGAGORS: SEHGAL VIVEK
REGION CODE ADDRESS : 3716 NORTH WAYNE
01 CITY : CHICAGO
STATE/ZIP : IL 60613
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,555.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031690829 MORTGAGORS: DRAPER CLARE
DRAPER LAURA
REGION CODE ADDRESS : 262 RUMSON ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30305
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031690894 MORTGAGORS: AZBILL CHRIS
STEWART-AZBILL KATHRYN
REGION CODE ADDRESS : 16935 KETOCTIN CHURCH ROAD
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 240,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.42700
----------------------------------------------------------------
0 0031690910 MORTGAGORS: MCGREW ROBERT
REGION CODE ADDRESS : 1810 NORTHRIDGE RD
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,673.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,800.00
P & I AMT: 11,120.72
UPB AMT: 1,632,205.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 378
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031690936 MORTGAGORS: BELLUOMINI DENNIS
REGION CODE ADDRESS : 5584 QUEEN VICTORIA COURT
01 CITY : BURKE
STATE/ZIP : VA 22015
MORTGAGE AMOUNT : 231,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,522.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031690951 MORTGAGORS: FUJIOKA GLENN
FUJIOKA JEANIE
REGION CODE ADDRESS : 1815 VIA PALOMARES
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031690977 MORTGAGORS: KRAMER CHARLES
REGION CODE ADDRESS : 1436 NORTH CHESTER AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91104
MORTGAGE AMOUNT : 313,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,086.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031691017 MORTGAGORS: SLIFKIN-MCCLURE ELISE
REGION CODE ADDRESS : 8316 REGIS WAY
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,192.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031691033 MORTGAGORS: CAMPBELL JEFFREY
CAMPBELL MELISSA
REGION CODE ADDRESS : 2125 TIMBERRIDGE CT.
01 CITY : WEST BLOOMFIELD TWP
STATE/ZIP : MI 48322
MORTGAGE AMOUNT : 243,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,527.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,345,700.00
P & I AMT: 9,139.89
UPB AMT: 1,345,120.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 379
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031691041 MORTGAGORS: EVANS MICHAEL
EVANS PARAMJIT
REGION CODE ADDRESS : 26 DONNA ROAD
01 CITY : BILLERICA
STATE/ZIP : MA 01821
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,771.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031691363 MORTGAGORS: JOHNSON J
JOHNSON CONNIE
REGION CODE ADDRESS : 25478 NELLIE GAIL ROAD
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 498,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,621.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,439.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.52600
----------------------------------------------------------------
0 0031691371 MORTGAGORS: MCCLOSKEY WILLIAM
MCCLOSKEY MARGARET
REGION CODE ADDRESS : 24632 MENDOCINO COURT,
01 CITY : LAGUNA HILLS,
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.76400
----------------------------------------------------------------
0 0031691389 MORTGAGORS: FROMME STEPHEN
FROMME KAREN
REGION CODE ADDRESS : 9 COVERED BRIDGE ROAD
01 CITY : THE TOWNSHIP OF RARITAN
STATE/ZIP : NJ 08822
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,507.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 72.10800
----------------------------------------------------------------
0 0031691413 MORTGAGORS: CHECHILE FRANCESCO
CHECHILE LISA
REGION CODE ADDRESS : 9 PFIZER ROAD
01 CITY : THE BOROUGH OF PEAPACK-GL
STATE/ZIP : NJ 07934
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,477.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.09300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,644,500.00
P & I AMT: 11,023.86
UPB AMT: 1,641,378.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 380
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031691488 MORTGAGORS: LIDDELL WINGHAM
REGION CODE ADDRESS : 100 SAUSALITO BLVD
01 CITY : SAUSALITO
STATE/ZIP : CA 94965
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,709.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,361.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.80000
----------------------------------------------------------------
0 0031691512 MORTGAGORS: JAHN FREDERICK
BAMBERY-JAHN MARGARET
REGION CODE ADDRESS : 5 FRANKLIN DRIVE
01 CITY : THE TOWNSHIP OF FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 369,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,719.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031691538 MORTGAGORS: NURDIN MARK
NURDIN ROBIN
REGION CODE ADDRESS : 2692 RIVERWOOD TRAIL
01 CITY : FORT WORTH
STATE/ZIP : TX 76109
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.68800
----------------------------------------------------------------
0 0031691611 MORTGAGORS: MARVEL GREG
MARVEL DONNA
REGION CODE ADDRESS : 125 CLOVER HILL COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,762.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031691827 MORTGAGORS: BECERRA FRANK
SLINKARD VIRGINIA
REGION CODE ADDRESS : 1247 23RD STREET UNIT "D"
01 CITY : SANTA MONICA
STATE/ZIP : CA 90404
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,620,000.00
P & I AMT: 11,126.20
UPB AMT: 1,619,190.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 381
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031691843 MORTGAGORS: MORGAN SIDNEY
WEST TRACY
REGION CODE ADDRESS : 431-10TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 487,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 486,610.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,281.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.30100
----------------------------------------------------------------
0 0031692023 MORTGAGORS: BANAAG JEROME
BONDOC-BANAAG REBECCA
REGION CODE ADDRESS : 32756 SOUTH BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,107.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031692205 MORTGAGORS: ENNS ELBERT
ENNS LORNA
REGION CODE ADDRESS : 13774 FOREST PARK CIRCLE
01 CITY : PENN VALLEY
STATE/ZIP : CA 95946
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.91600
----------------------------------------------------------------
0 0031692288 MORTGAGORS: STATON JOHN
STATON MARGARET
REGION CODE ADDRESS : 320 HILLSIDE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 56.69200
----------------------------------------------------------------
0 0031692411 MORTGAGORS: WONG THOMAS
WONG ALICE
REGION CODE ADDRESS : 933 HIGH COUNTRY DRIVE
01 CITY : GLENDORA AREA
STATE/ZIP : CA 91740
MORTGAGE AMOUNT : 417,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,790.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.59900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,877,600.00
P & I AMT: 12,976.98
UPB AMT: 1,876,508.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 382
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031692429 MORTGAGORS: HAY SHAHDAD
HAY AFSANEH
REGION CODE ADDRESS : 216 SOUTH LE DOUX ROAD
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,812.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.40000
----------------------------------------------------------------
0 0031692445 MORTGAGORS: POSTON STEVE
POSTON VICKI
REGION CODE ADDRESS : 18121 EAST SANTA CLARA AVENUE
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,699.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.66600
----------------------------------------------------------------
0 0031692460 MORTGAGORS: HERNANDEZ PATRICIA
REGION CODE ADDRESS : 2565 BOLAR AVENUE
01 CITY : HACIENDA HEIGHTS AREA
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,827.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.65000
----------------------------------------------------------------
0 0031692544 MORTGAGORS: SAFADY HARRY
SAFADY HELEN
REGION CODE ADDRESS : 1041 CLIFFORD LANE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,160.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.46600
----------------------------------------------------------------
0 0031692650 MORTGAGORS: VALDEZ CHARLES
SCHUELE DONNA
REGION CODE ADDRESS : 23058 CALIFA STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,807.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,030.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.77700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,320,900.00
P & I AMT: 9,341.75
UPB AMT: 1,320,146.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 383
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031692668 MORTGAGORS: DORE' CRAIG
VALOROSE SHEILA
REGION CODE ADDRESS : 1101 VIA ROBLE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,733.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,708.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031692700 MORTGAGORS: SMITH BARRY
SMITH DEBORAH
REGION CODE ADDRESS : 111 TUSCANY WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,656.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031692718 MORTGAGORS: CHRISTENSEN DENNIS
CHRISTENSEN PAMELA
REGION CODE ADDRESS : 913 SPRING STREET
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,567.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031692866 MORTGAGORS: MOORE ROBERT
MOORE DELLA
REGION CODE ADDRESS : 10215 MANTOVA COURT
01 CITY : SACRAMENTO
STATE/ZIP : CA 95829
MORTGAGE AMOUNT : 248,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,898.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.38400
----------------------------------------------------------------
0 0031692874 MORTGAGORS: MARTINELLI MICHAEL
MARTINELLI MARY
REGION CODE ADDRESS : 3515 COLLEGE AVENUE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,498.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.55400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,718,250.00
P & I AMT: 12,047.01
UPB AMT: 1,716,354.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 384
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031692882 MORTGAGORS: DIRKIN ALAN
DIRKIN AUDREY
REGION CODE ADDRESS : 1131 HUGO REID DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,307.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.84600
----------------------------------------------------------------
0 0031692890 MORTGAGORS: TANIMOTO CRAIG
REGION CODE ADDRESS : 835 NOWITA PLACE
01 CITY : VENICE
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,869.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031692908 MORTGAGORS: KVAMMEN KENNETH
KVAMMEN ELIZABETH
REGION CODE ADDRESS : 452 GAVIOTA
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 270,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,299.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.13333
----------------------------------------------------------------
0 0031692916 MORTGAGORS: BOALS BRIAN
BOALS JODI
REGION CODE ADDRESS : 54 PARKCREST
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 311,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,168.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.93300
----------------------------------------------------------------
0 0031692924 MORTGAGORS: MANDICH JEROME
MANDICH ANNA
REGION CODE ADDRESS : 18141 FIELDBURY LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,276.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,108.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.30700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,442,900.00
P & I AMT: 10,088.98
UPB AMT: 1,440,921.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 385
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031692932 MORTGAGORS: WIPPICH DAVID
WIPPICH SUSAN
REGION CODE ADDRESS : 1143 CALBORO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95117
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031692957 MORTGAGORS: OTTAIANO RIC
REGION CODE ADDRESS : 45 MUIRFIELD
01 CITY : DOVE CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,728.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,559.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.05200
----------------------------------------------------------------
0 0031692965 MORTGAGORS: PARK TED
PARK MARY
REGION CODE ADDRESS : 37075 MARONDI DRIVE
01 CITY : CALIMESA
STATE/ZIP : CA 92320
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.71200
----------------------------------------------------------------
0 0031692973 MORTGAGORS: BERTEA JEFFREY
BERTEA PAMELA
REGION CODE ADDRESS : 4420 VIA PINZON
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,660.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031692981 MORTGAGORS: RADDIE MICHAEL
RADDIE TERESA
REGION CODE ADDRESS : 30 CROWN COURT
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,622.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,060.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.19300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,793,000.00
P & I AMT: 12,259.12
UPB AMT: 1,791,606.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 386
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031692999 MORTGAGORS: TORRES CARLOS
TORRES GEORGIE
REGION CODE ADDRESS : 14121 CHAGALL AVENUE
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,364.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031693005 MORTGAGORS: BLACKSCHLEGER JANIS
REGION CODE ADDRESS : 4661 PALMERO DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90065
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,796.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,063.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031693070 MORTGAGORS: OBERMEYER STEVEN
OBERMEYER PAULA
REGION CODE ADDRESS : 23 VIA SILLA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,808.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.96400
----------------------------------------------------------------
0 0031693088 MORTGAGORS: MANDICHAK JOSEPH
MANDICHAK ANNE
REGION CODE ADDRESS : 27836 TRELLIS WAY
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 257,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,693.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
0 0031693120 MORTGAGORS: LOUGHNEY LISA
REGION CODE ADDRESS : 1950 GOUGH STREET # 304
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94109
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,963.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,068.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,367,700.00
P & I AMT: 9,315.05
UPB AMT: 1,366,627.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 387
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031693138 MORTGAGORS: YOUNG WILLIAM
SPROUSE SHARON
REGION CODE ADDRESS : 14862 INDIAN PEAK LANE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,741.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.24700
----------------------------------------------------------------
0 0031693146 MORTGAGORS: CASTANEDA SALVADOR
CASTANEDA REBECCA
REGION CODE ADDRESS : 1932 PINE STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,303.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.13953
----------------------------------------------------------------
0 0031693195 MORTGAGORS: COPELAN JAMES
KOPANSKI JANICE
REGION CODE ADDRESS : 27832 RON RIDGE DRIVE
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 283,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,672.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98400
----------------------------------------------------------------
0 0031693203 MORTGAGORS: HOPPER DEBORAH
REGION CODE ADDRESS : 7431 WESTCLIFF DRIVE
01 CITY : WEST HILLS
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,470.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 51.80000
----------------------------------------------------------------
0 0031693211 MORTGAGORS: MENDELSOHN DAVID
MENDELSOHN STEPHANIE
REGION CODE ADDRESS : 3000 SANTA CLARA AVENUE
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,686.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,845.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,566,400.00
P & I AMT: 10,883.75
UPB AMT: 1,564,874.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 388
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031693229 MORTGAGORS: CHO TAEYOUNG
CHO SO
REGION CODE ADDRESS : 1298 QUAIL CREEK CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.12000
----------------------------------------------------------------
0 0031693245 MORTGAGORS: PHILLIPS TONI
REGION CODE ADDRESS : 4080 MURIETTA AVENUE
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 412,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,477.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,816.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031693278 MORTGAGORS: SON JOHN
SON MI
REGION CODE ADDRESS : 5195 CANYON CREST DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.07200
----------------------------------------------------------------
0 0031693286 MORTGAGORS: HELLER LOUIS
HELLER FERN
REGION CODE ADDRESS : 2298 EDGEMEER LAKE CIRCLE
01 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 456,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,114.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------
0 0031693302 MORTGAGORS: CLERKE DENNIS
CLERKE LYNDA
REGION CODE ADDRESS : 7523 SOLANO STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,840.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 77.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,736,400.00
P & I AMT: 11,944.84
UPB AMT: 1,735,684.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 389
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031693328 MORTGAGORS: HAYTER PAUL
REGION CODE ADDRESS : 653 LOLA LANE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,815.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 56.61600
----------------------------------------------------------------
0 0031693336 MORTGAGORS: BRANSCUM JAMES
BRANSCUM SABINE
REGION CODE ADDRESS : 2330 NORTH FLOWER STREET
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,295.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031693344 MORTGAGORS: CORFINO JON
CORFINO JUDI
REGION CODE ADDRESS : 25597 VIA VELADOR
01 CITY : VALENCIA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 457,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,124.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,043.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031693351 MORTGAGORS: LANG BRUCE
LANG KELLY
REGION CODE ADDRESS : 210 TURNBERRY ROAD
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 381,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,710.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,631.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.55300
----------------------------------------------------------------
0 0031693393 MORTGAGORS: CHELLAPPA DAVID
CHELLAPPA SHELIA
REGION CODE ADDRESS : 86 OLD MILL DRIVE
01 CITY : MEDIA
STATE/ZIP : PA 19063
MORTGAGE AMOUNT : 371,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,563.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,746,200.00
P & I AMT: 12,035.21
UPB AMT: 1,745,146.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 390
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031693427 MORTGAGORS: RAY KENNETH
RAY CAROL
REGION CODE ADDRESS : 3288 RIDGE VIEW TRAIL
01 CITY : FENTON
STATE/ZIP : MI 48430
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,372.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.15700
----------------------------------------------------------------
0 0031693450 MORTGAGORS: ROSS BLAKE
ROSS DEBRA
REGION CODE ADDRESS : 6265 SALINE-WATERWORKS RD.
01 CITY : SALINE
STATE/ZIP : MI 48176
MORTGAGE AMOUNT : 248,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,130.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.64700
----------------------------------------------------------------
0 0031693468 MORTGAGORS: PHELPS TIMOTHY
PHELPS KRISTIN
REGION CODE ADDRESS : 218 BELL COURT
01 CITY : SCHENECTADY
STATE/ZIP : NY 12303
MORTGAGE AMOUNT : 304,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,223.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,158.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.97200
----------------------------------------------------------------
0 0031693617 MORTGAGORS: GOLDBERG LAWRENCE
GOLDBERG LAUREN
REGION CODE ADDRESS : 50 MT. VERNON STREET, UNIT #2
01 CITY : ARLINGTON
STATE/ZIP : MA 02476
MORTGAGE AMOUNT : 242,910.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,910.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031693641 MORTGAGORS: SCHANK ROGER
REGION CODE ADDRESS : 166 EVERGLADES AVENUE
01 CITY : PALM BEACH
STATE/ZIP : FL 33480
MORTGAGE AMOUNT : 880,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 880,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,457.13 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,936,310.00
P & I AMT: 13,761.49
UPB AMT: 1,934,635.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 391
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031693658 MORTGAGORS: HANAVAN SHARON
BROADSTON ROBERT
REGION CODE ADDRESS : 115 OAKWOOD PLACE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,719.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031693740 MORTGAGORS: GRAFFIUS GLEN
BALBONI JENNIFER
REGION CODE ADDRESS : 223 FLORENCE DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,783.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.13000
----------------------------------------------------------------
0 0031693757 MORTGAGORS: HIGGINS THOMAS
HIGGINS SHARON
REGION CODE ADDRESS : 2462 GLEN CANYON ROAD
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,740.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.15800
----------------------------------------------------------------
0 0031693765 MORTGAGORS: DACOSTA JOHN
DACOSTA CHRYSA
REGION CODE ADDRESS : 13 PARSONAGE LANE
01 CITY : TOPSFIELD
STATE/ZIP : MA 01983
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.15300
----------------------------------------------------------------
0 0031694078 MORTGAGORS: GRASS JOSEPH
HANSON KAAREN
REGION CODE ADDRESS : 357 LENNOX AVENUE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,150.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,298.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.43137
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,812,000.00
P & I AMT: 12,499.87
UPB AMT: 1,810,394.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 392
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031694110 MORTGAGORS: HOWLAND CHARLES
REGION CODE ADDRESS : 4182 CESAR CHAVEZ STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,251.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.42000
----------------------------------------------------------------
0 0031694136 MORTGAGORS: BURROW SAMUEL
BURROW SUSAN
REGION CODE ADDRESS : 5927 LAURIUM ROAD
01 CITY : CHARLOTTE
STATE/ZIP : NC 28226
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031694243 MORTGAGORS: GANGI ROBERT
GANGI HEIDI
REGION CODE ADDRESS : 3256 BEAUDRY TERRACE
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.54500
----------------------------------------------------------------
0 0031694326 MORTGAGORS: SCALLON PATRICK
SCALLON PAMELA
REGION CODE ADDRESS : 32191 WEEDING WILLOW STREEET
01 CITY : TRABUCO CANYON (AREA)
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 329,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.51700
----------------------------------------------------------------
0 0031694334 MORTGAGORS: MCCONNELL JEFFREY
REGION CODE ADDRESS : 1520 GATES AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.07200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,974,450.00
P & I AMT: 13,592.27
UPB AMT: 1,974,450.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 393
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031694466 MORTGAGORS: BERSHON JAMES
BERSHON BARBARA
REGION CODE ADDRESS : 41328 BRETON BEACH ROAD
01 CITY : LEONARDTOWN
STATE/ZIP : MD 20650
MORTGAGE AMOUNT : 420,813.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,484.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,870.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.95900
----------------------------------------------------------------
0 0031694581 MORTGAGORS: RICHARDS FRANKLIN
RICHARDS CYNTHIA
REGION CODE ADDRESS : 8801 BELMART ROAD
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 990,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 990,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,753.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 58.92800
----------------------------------------------------------------
0 0031694607 MORTGAGORS: CANNADY ERIC
CANNADY KATHERINE
REGION CODE ADDRESS : 7544 PENOBSCOT DRIVE
01 CITY : CANOGA PARK AREA
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.46500
----------------------------------------------------------------
0 0031694631 MORTGAGORS: MODIN JOHN
MODIN MEGAN
REGION CODE ADDRESS : 116 COLT ROAD
01 CITY : SUMMIT
STATE/ZIP : NJ 07901
MORTGAGE AMOUNT : 516,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 516,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,520.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031694664 MORTGAGORS: GREENBAUM TOBA
REGION CODE ADDRESS : 17802 BLACK STALLION WAY
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,808.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.76829
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,481,813.00
P & I AMT: 16,926.15
UPB AMT: 2,481,292.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 394
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031694805 MORTGAGORS: DUIMOVICH DAVID
DUIMOVICH DANA
REGION CODE ADDRESS : 6086 PALOMAR CIRCLE
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,019.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.73700
----------------------------------------------------------------
0 0031694870 MORTGAGORS: JOHNSON JAY
REGION CODE ADDRESS : 5536 NORTH CAMELBACK CANYON DRIVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85018
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,560.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.78900
----------------------------------------------------------------
0 0031694896 MORTGAGORS: BANKS-BINICI JOHN
BANKS-BINICI KATRINA
REGION CODE ADDRESS : 37 WAYSIDE ROAD
01 CITY : WESTBOROUGH
STATE/ZIP : MA 01581
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,956.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031694904 MORTGAGORS: CAPRIO MICHAEL
REGION CODE ADDRESS : 4559 BEN AVENUE
01 CITY : LOS ANGELES STUDIO CITY A
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.47000
----------------------------------------------------------------
0 0031694987 MORTGAGORS: CROFTON KEVIN
CROFTON CAMILLA
REGION CODE ADDRESS : 6345 RUNNING SPRINGS ROAD
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,594.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,547.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,601,600.00
P & I AMT: 10,967.09
UPB AMT: 1,600,574.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 395
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031694995 MORTGAGORS: KELLY CHARLES
KELLY GRACE
REGION CODE ADDRESS : 2720 IVAN COURT
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031695083 MORTGAGORS: DINKOVSKI BORIS
DINKOVSKI VICTORIA
REGION CODE ADDRESS : 3935 VIA REPOSO
01 CITY : RANCHO SANTE FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 477,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,338.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.40000
----------------------------------------------------------------
0 0031695208 MORTGAGORS: GRADEL GREGORY
GRADEL MARY JO
REGION CODE ADDRESS : 229 BAKER AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,438.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031695224 MORTGAGORS: BATOR MICHAEL
O'CONNELL-BATOR BIANCA
REGION CODE ADDRESS : 131 CLAREWILL AVENUE
01 CITY : UPPER MONTCLAIR
STATE/ZIP : NJ 07042
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,679.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.81500
----------------------------------------------------------------
0 0031695372 MORTGAGORS: MILLER DAVID
MILLER BETH
REGION CODE ADDRESS : 1740 CENTRAL AVE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,886,700.00
P & I AMT: 12,828.33
UPB AMT: 1,886,700.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 396
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031695398 MORTGAGORS: VERCOE DERRICK
VERCOE LORRIE
REGION CODE ADDRESS : 3685 NEWCREST POINT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,731.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031695430 MORTGAGORS: EZELL RONALD
EZELL LAURA
REGION CODE ADDRESS : 24323 MT CHARLIE ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95033
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,676.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031695455 MORTGAGORS: JARRETT DIANE
COPELAND SETH
REGION CODE ADDRESS : 950 LANDMARK DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------
0 0031695489 MORTGAGORS: MC NAUGHTON KEVIN
MC NAUGHTON JOYCE
REGION CODE ADDRESS : 12340 JEREMY PLACE
01 CITY : GRANADA HILLS
STATE/ZIP : CA 91344
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,723.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.74000
----------------------------------------------------------------
0 0031695497 MORTGAGORS: PHAM BILLY
PHAM THAO
REGION CODE ADDRESS : 1878 FUMIA PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,870.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.90993
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,698,000.00
P & I AMT: 11,523.40
UPB AMT: 1,696,002.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 397
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031695554 MORTGAGORS: MC GEEHON CARL
MC GEEHON LAURA
REGION CODE ADDRESS : 6360 BLACKBERRY COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 281,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,037.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.84200
----------------------------------------------------------------
0 0031695646 MORTGAGORS: BALL ROBERT
REGION CODE ADDRESS : 3027 CASTLE ST & 3028 W WINDSOR AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031695661 MORTGAGORS: MIZNER MARK
MIZNER AMY
REGION CODE ADDRESS : 95 DEER PATH LANE
01 CITY : WESTON
STATE/ZIP : MA 02193
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 530,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,615.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.38700
----------------------------------------------------------------
0 0031695778 MORTGAGORS: HERNANDEZ SALVADOR
HERNANDEZ ANA
REGION CODE ADDRESS : 6340 BLACKBERRY COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 291,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,907.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.46 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 89.99500
----------------------------------------------------------------
0 0031695869 MORTGAGORS: FRIEDMANN RICHARD
FRIEDMANN YRENA
REGION CODE ADDRESS : 6571 WINDFLOWER DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 403,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,369.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,749.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98507
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,805,800.00
P & I AMT: 12,421.54
UPB AMT: 1,804,314.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 398
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031695885 MORTGAGORS: DARE GREGORY
DARE VIVIAN
REGION CODE ADDRESS : 32764 SOUTH BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 267,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,710.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.96600
----------------------------------------------------------------
0 0031695901 MORTGAGORS: BULATAO RAUL
DIZON JUN
REGION CODE ADDRESS : 1920 FUMIA PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 255,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,670.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.99000
----------------------------------------------------------------
0 0031695992 MORTGAGORS: STONE JACK
STONE DIANE
REGION CODE ADDRESS : 1485 WINDSOR COURT
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 250,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,713.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98700
----------------------------------------------------------------
0 0031696008 MORTGAGORS: TSUI SCOTT
WEN ANGELA
REGION CODE ADDRESS : 40295 CANYON HEIGHTS DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,733.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.91600
----------------------------------------------------------------
0 0031696040 MORTGAGORS: LOCKE ALAN
GROVES KIMBERLY
REGION CODE ADDRESS : 14478 GLORIETTA DRIVE
01 CITY : SHERMAN OAKS (AREA) LOS A
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,904.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,254.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,449,500.00
P & I AMT: 9,986.78
UPB AMT: 1,447,732.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 399
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031696263 MORTGAGORS: ANGLIM ANTHONY
ANGLIM VIRGINIA
REGION CODE ADDRESS : 27177 SOUTH LILLEGARD COURT
01 CITY : TRACY
STATE/ZIP : CA 95376
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,743.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.85700
----------------------------------------------------------------
0 0031696339 MORTGAGORS: SNIFFEN RODNEY
KNOX JOY
REGION CODE ADDRESS : 1208 RUCKER AVENUE
01 CITY : EVERETT
STATE/ZIP : WA 98201
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031696362 MORTGAGORS: MORRIS JOHN
MAHONEY CATHLEEN
REGION CODE ADDRESS : 6530 BRADLEY BOULEVARD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,738.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 25.76900
----------------------------------------------------------------
0 0031696370 MORTGAGORS: SETZLER MONTIA
SETZLER ROMA
REGION CODE ADDRESS : 14345 CITRUS PARK CIRCLE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92503
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,815.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031696388 MORTGAGORS: ATKIN FRANK
STREETER PAMELA
REGION CODE ADDRESS : 26845 FOND DU LAC ROAD
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 312,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,050.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,104.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.06300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,479,050.00
P & I AMT: 10,112.62
UPB AMT: 1,478,097.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 400
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031696404 MORTGAGORS: RAFFETY CARY
REGION CODE ADDRESS : 31902 CAMINO DEL CIELO
01 CITY : TRABUCO CANYON (AREA)
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 265,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,497.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 88.56600
----------------------------------------------------------------
0 0031696479 MORTGAGORS: ROUS GREG
STACK-ROUS MARDEE
REGION CODE ADDRESS : 3602 LANG RANCH PARKWAY
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 334,360.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,099.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,280.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031696552 MORTGAGORS: PRESTON GARY
PRESTON CHRISTY
REGION CODE ADDRESS : 6845 STARLINE STREET
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 250,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,710.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.06896
----------------------------------------------------------------
0 0031696719 MORTGAGORS: KORTE ROGER
MOSQUERA DORIS
REGION CODE ADDRESS : 2744 GOLDFIELD PLACE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,609.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,669.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031696750 MORTGAGORS: LINDSEY T.
LINDSEY CAROLE
REGION CODE ADDRESS : 3536 TWIN LAKE RIDGE
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 46.82600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,427,660.00
P & I AMT: 9,846.80
UPB AMT: 1,427,006.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 401
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031696917 MORTGAGORS: CASSELLA JOSEPH
CASSELLA LISA
REGION CODE ADDRESS : 11869 BARRANCA ROAD
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,042.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.41500
----------------------------------------------------------------
0 0031697303 MORTGAGORS: CHANG JESSICA
REGION CODE ADDRESS : 20533 CRESTLINE DRIVE
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 69.75000
----------------------------------------------------------------
0 0031697337 MORTGAGORS: DIXON KEVIN
DIXON RITA
REGION CODE ADDRESS : 6668 COLLEGE HEIGHTS DRIVE
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 237,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,577.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031697410 MORTGAGORS: HAWKEY MICHAEL
HAWKEY JOANNE
REGION CODE ADDRESS : 329 CAMINO DEL POSTIGO
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031697444 MORTGAGORS: CAMPAGNA MICHAEL
CAMPAGNA BARBARA
REGION CODE ADDRESS : 1503 AVENIDA DE NOGALES
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.41800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,736,150.00
P & I AMT: 11,803.12
UPB AMT: 1,736,150.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 402
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031697469 MORTGAGORS: HERRERA ROGER
HERRERA FAYE
REGION CODE ADDRESS : 15 PIKES PEAK DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.38775
----------------------------------------------------------------
0 0031697584 MORTGAGORS: CORCORAN WAYNE
CORCORAN PATRICIA
REGION CODE ADDRESS : 2433 WEST SPRUCE DRIVE
01 CITY : CHANDLER
STATE/ZIP : AZ 85248
MORTGAGE AMOUNT : 294,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99100
----------------------------------------------------------------
0 0031697592 MORTGAGORS: SWEETNAM MICHAEL
WERTLAKE MARILEE
REGION CODE ADDRESS : 2305 ARBORETUM DRIVE
01 CITY : MADISON
STATE/ZIP : WI 53713
MORTGAGE AMOUNT : 299,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031697683 MORTGAGORS: MEDRANO CHARLES
MEDRANO MELISSA
REGION CODE ADDRESS : 2518 AQUA VISTA BLVD
01 CITY : FT LAUDERDALE
STATE/ZIP : FL 33301
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.42600
----------------------------------------------------------------
0 0031698178 MORTGAGORS: NELSON WILLAM
NELSON PATRICIA
REGION CODE ADDRESS : 17850 GROUSE LANE
01 CITY : SUNRIVER
STATE/ZIP : OR 97707
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,374.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.22600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,593,750.00
P & I AMT: 10,818.15
UPB AMT: 1,593,124.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 403
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031698194 MORTGAGORS: PROSNIEWSKI MARK
PROSNIEWSKI JOAN
REGION CODE ADDRESS : 989 LA COSTA #1
01 CITY : BARTLETT
STATE/ZIP : IL 60103
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,613.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698210 MORTGAGORS: SCHULZ DENISE
REGION CODE ADDRESS : 1924 FLETCHER AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,364.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031698533 MORTGAGORS: CALDWELL BRIAN
CALDWELL DEBRA
REGION CODE ADDRESS : 842 AVENUE C
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 349,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031698566 MORTGAGORS: MEADOWS MICHAEL
MEADOWS CHRISTINE
REGION CODE ADDRESS : 3212 OAK HOLLOW DRIVE
01 CITY : PLANO
STATE/ZIP : TX 75093
MORTGAGE AMOUNT : 439,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,897.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,184.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698574 MORTGAGORS: DOCTORS JEROME
DOCTORS TINA
REGION CODE ADDRESS : 22445 LIBERTY BELL ROAD
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 395,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,715,050.00
P & I AMT: 11,898.66
UPB AMT: 1,712,976.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 404
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031698582 MORTGAGORS: SWEENEY JEFFREY
SWEENEY CANDICE
REGION CODE ADDRESS : 3569 ROCKY RIDGE BLVD
01 CITY : SPARKS
STATE/ZIP : NV 89431
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,805.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.88700
----------------------------------------------------------------
0 0031698616 MORTGAGORS: CHOAT ARTHUR
CALKINS LEILANI
REGION CODE ADDRESS : 3967 EAST MARYLAND STREET
01 CITY : BELLINGHAM
STATE/ZIP : WA 98226
MORTGAGE AMOUNT : 339,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,936.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,367.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/27
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.68800
----------------------------------------------------------------
0 0031698624 MORTGAGORS: LEON LUIS
LEON BERNICE
REGION CODE ADDRESS : 3424 OAKES DRIVE
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 256,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,604.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698707 MORTGAGORS: HASKELL JEFFREY
HASKELL DEVON
REGION CODE ADDRESS : 2042 SANTA ANA AVENUE #D
01 CITY : (COSTA MESA AREA), ORANGE
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,801.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 81.93500
----------------------------------------------------------------
0 0031698780 MORTGAGORS: DEGIORGIO CHRISTOPHER
DEGIORGIO JUDY
REGION CODE ADDRESS : 27318 SHELBURNE DRIVE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,189.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.37600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,369,700.00
P & I AMT: 9,416.82
UPB AMT: 1,368,338.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 405
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031698806 MORTGAGORS: STURGIS STEPHEN
STURGIS SHELLEY
REGION CODE ADDRESS : 3740 DEER TRAIL DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,628.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698814 MORTGAGORS: PIMENTEL KEN
REGION CODE ADDRESS : 1734 TERRACE DRIVE
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,829.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,930.50 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 49.05600
----------------------------------------------------------------
0 0031698830 MORTGAGORS: BONINI RONALD
BONINI UTE
REGION CODE ADDRESS : 1608 VIA AMENO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 353,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,324.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698897 MORTGAGORS: HERRMANNSDOERFER AXEL
HERRMANNSDOERFER ANN
REGION CODE ADDRESS : 91 CHANCELLOR PLACE
01 CITY : GUILDERLAND
STATE/ZIP : NY 12084
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,946.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031698905 MORTGAGORS: GRANBERRY JAMES
GAINES WANDA
REGION CODE ADDRESS : 10 BRIDLE PATH
01 CITY : SHREWSBURY
STATE/ZIP : MA 01545
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,243.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,600.00
P & I AMT: 11,964.05
UPB AMT: 1,702,972.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 406
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031698921 MORTGAGORS: BENTZ DALE
REGION CODE ADDRESS : 24230 DRY CANYON COLD CREEK RD
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,812.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 31.50000
----------------------------------------------------------------
0 0031698947 MORTGAGORS: WOODLEY WILLIAM
WOODLEY AMY
REGION CODE ADDRESS : 5274 ALDAMA STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90042
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,558.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031698970 MORTGAGORS: MCKEAN MICHEAL
MCKEAN SANDRA
REGION CODE ADDRESS : 38 BUCKSKIN LANE
01 CITY : ROLLING MILLS
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,650.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,056.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031698988 MORTGAGORS: MOLLOY WILLIAM
MOLLOY PATRICIA
REGION CODE ADDRESS : 1094 NORTH SAN MARCOS ROAD
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93111
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.29200
----------------------------------------------------------------
0 0031699002 MORTGAGORS: YAU DENGWEI
YAU TZEFUNG
REGION CODE ADDRESS : 20302 BLAUER DRIVE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,268.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,229.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 42.85700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,546,750.00
P & I AMT: 10,696.62
UPB AMT: 1,545,072.32
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 407
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031699010 MORTGAGORS: BROOKS THOMAS
BROOKS LINDA
REGION CODE ADDRESS : 1218 SHELL AVE
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,188.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.60000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.60000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031699028 MORTGAGORS: JEN LYNDON
REGION CODE ADDRESS : 607 CAMBRIDGE DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------
0 0031699044 MORTGAGORS: MARLIN KELLY
MARLIN GAIL
REGION CODE ADDRESS : 1908 PINE STREET
01 CITY : HUNTINGDON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,207.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,952.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 61.93100
----------------------------------------------------------------
0 0031699051 MORTGAGORS: MITTUR SHYAMASUNDAR
MITTUR VIDYA
REGION CODE ADDRESS : 28696 RANCHO GRANDE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,743.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.06500
----------------------------------------------------------------
0 0031699077 MORTGAGORS: DELLY ALEXANDER
DELLY SHARON
REGION CODE ADDRESS : 1075 ATKINSON LANE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,625.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 46.15300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,000.00
P & I AMT: 10,770.74
UPB AMT: 1,556,540.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 408
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031699085 MORTGAGORS: JOHNSON VERNON
JOHNSON JOAN
REGION CODE ADDRESS : 7061 VALLEY GREEN CIRCLE
01 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,576.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,985.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.69800
----------------------------------------------------------------
0 0031699127 MORTGAGORS: KIM TUYEN
NGUYEN MARY
REGION CODE ADDRESS : 16821 STONEHAVEN CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,576.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031699135 MORTGAGORS: DUNN DAVID
DUNN CAROLYN
REGION CODE ADDRESS : 33 HILLRISE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 357,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,306.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,379.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031699176 MORTGAGORS: WILSON DARYL
WILSON WANDA
REGION CODE ADDRESS : 10268 PENROSE STREET
01 CITY : SUN VALLEY (AREA)
STATE/ZIP : CA 91352
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,310.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031699184 MORTGAGORS: SCHMIDT TODD
SCHMIDT JACQUELINE
REGION CODE ADDRESS : 1481 GILCROSS WAY
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 353,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,324.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,907,700.00
P & I AMT: 13,211.16
UPB AMT: 1,906,518.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 409
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031699192 MORTGAGORS: GERSKOWITZ GARRY
REGION CODE ADDRESS : 20450 VIA ZARAGOZA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 356,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,007.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,370.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031699242 MORTGAGORS: HEGARTY KEVIN
HEGARTY ELAINE
REGION CODE ADDRESS : 3383 PUTTING GREEN COURT
01 CITY : OCEANSIDE
STATE/ZIP : CA 92056
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,331.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031699390 MORTGAGORS: HOM KENNETH
ASARI-HOM CHRISTINE
REGION CODE ADDRESS : 55 ELDERWOOD
01 CITY : ALISO VIEJO
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,981.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031699515 MORTGAGORS: WILSON JEFF
WILSON DENA
REGION CODE ADDRESS : 16332 NORTHEAST 198TH STREET
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 310,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,701.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031699531 MORTGAGORS: WHITEMAN JOHN
WHITEMAN JODI
REGION CODE ADDRESS : 21725 NORTHEAST 105TH PLACE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 471,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,372.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,178.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,664,700.00
P & I AMT: 11,335.94
UPB AMT: 1,663,395.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 410
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031699648 MORTGAGORS: ROBERTSON BRUCE
ROBERTSON CECILIA
REGION CODE ADDRESS : 2345 CASA GRANDE STREET
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 233,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,554.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031699671 MORTGAGORS: AMAN ROBERT
AMAN JULIANN
REGION CODE ADDRESS : 2840 WEST FOX CHASE CIRCLE
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031699739 MORTGAGORS: SHOKOUHI FARSHID
REGION CODE ADDRESS : 5524 LE FRANC DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,759.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031699747 MORTGAGORS: CHUA DESMOND
CHUA JANE
REGION CODE ADDRESS : 1211 RIBBON STREET
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.07400
----------------------------------------------------------------
0 0031699754 MORTGAGORS: MILLER STEVEN
LA MOUNTAINE DIANE
REGION CODE ADDRESS : 4321 CAMBRIDGE WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 285,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,743.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.43000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,423,550.00
P & I AMT: 9,726.23
UPB AMT: 1,422,879.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 411
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031699812 MORTGAGORS: MACLEAN DEBRA
REGION CODE ADDRESS : 5820 ETTINGTON DRIVE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0031699887 MORTGAGORS: MEIXNER STEVEN
MEIXNER CYNTHIA
REGION CODE ADDRESS : 3900 GLENRIDGE DRIVE
01 CITY : SHERMAN OAKS AREA, LOS AN
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031699895 MORTGAGORS: DIEBEL DANIEL
DIEBEL THERESE
REGION CODE ADDRESS : 1439 KNOLLWOOD LANE
01 CITY : MENDOTA HEIGHTS
STATE/ZIP : MN 55118
MORTGAGE AMOUNT : 333,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,302.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.74000
----------------------------------------------------------------
0 0031700107 MORTGAGORS: VELAMPALAYAM RAMESH
GOPALKRISHANAN JAYA
REGION CODE ADDRESS : 1074 CHIPMAN DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031700115 MORTGAGORS: SCHNEER DAVID
SCHNEER KATHLEEN
REGION CODE ADDRESS : 333 DOE RUN CIRCLE
01 CITY : HENDERSON
STATE/ZIP : NV 89012
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,784.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,620,350.00
P & I AMT: 11,077.49
UPB AMT: 1,620,134.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 412
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031700255 MORTGAGORS: CHANEY JOHN
CHANEY MALL
REGION CODE ADDRESS : 2429 LANDINGS CIRCLE
01 CITY : BRADENTON
STATE/ZIP : FL 34209
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.20400
----------------------------------------------------------------
0 0031700271 MORTGAGORS: RICKS RAY
REGION CODE ADDRESS : 622 22ND STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,571.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.20600
----------------------------------------------------------------
0 0031700446 MORTGAGORS: HALL KEVIN
HALL LINDA
REGION CODE ADDRESS : 1755 CHESHIRE ST
01 CITY : CHESHIRE
STATE/ZIP : CT 06410
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,834.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.36700
----------------------------------------------------------------
0 0031700636 MORTGAGORS: GRANDELL DAVID
REGION CODE ADDRESS : 16240 SOUTH 14TH DRIVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85045
MORTGAGE AMOUNT : 277,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,653.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
0 0031700685 MORTGAGORS: WHITE BROOKE
REGION CODE ADDRESS : 1323 WELLINGTON AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,711.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.72300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,420,850.00
P & I AMT: 9,981.39
UPB AMT: 1,419,770.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 413
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031700727 MORTGAGORS: BOURDAIS FREDERIC
BOURDAIS ALEXANDRA
REGION CODE ADDRESS : 1630 WEST 22ND STREET
01 CITY : SAN PEDRO AREA LOS ANGELE
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,774.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.36800
----------------------------------------------------------------
0 0031700776 MORTGAGORS: MC CALL MICHAEL
MC CALL SHERRI
REGION CODE ADDRESS : 7871 EAST MARGARET COURT
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 227,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,009.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,492.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031700891 MORTGAGORS: PARKER RAYMOND
PARKER DOLORES
REGION CODE ADDRESS : 1038 VIA CORDOVA
01 CITY : SAN PEDRO
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031700958 MORTGAGORS: MAJURE W.
MAJURE KIMBERLY
REGION CODE ADDRESS : 13614 YELLOW POPLAR DRIVE
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.64800
----------------------------------------------------------------
0 0031700990 MORTGAGORS: CHATWIN JEREMY
HIGGINS LYNN
REGION CODE ADDRESS : 131 GETCHELL STREET
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,755.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,383,200.00
P & I AMT: 9,330.95
UPB AMT: 1,382,539.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 414
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031701063 MORTGAGORS: LANAHAN DEANN
REGION CODE ADDRESS : 7760 OVERLOOK HILLS LN
01 CITY : CINCINNATI
STATE/ZIP : OH 45244
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031701097 MORTGAGORS: VRABEL PETER
VRABEL LINDA
REGION CODE ADDRESS : 2084 SHILOH AVENUE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.56400
----------------------------------------------------------------
0 0031701139 MORTGAGORS: VERMILLION DALE
VERMILLION LAUREL
REGION CODE ADDRESS : 37351 FOX HILL DRIVE
01 CITY : WADSWORTH
STATE/ZIP : IL 60083
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------
0 0031701170 MORTGAGORS: SNOW SEPTEMBER
GITTLESON DAVID
REGION CODE ADDRESS : 792 SAN PABLO AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 261,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701212 MORTGAGORS: NAZEMI MOHAMMED
NAZEMI GOLNAZ
REGION CODE ADDRESS : 104 JAMIE COURT
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 59.64900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,651,600.00
P & I AMT: 11,271.15
UPB AMT: 1,651,600.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 415
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031701238 MORTGAGORS: HART PETER
HART PAMELA
REGION CODE ADDRESS : 1423 CARLOS AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,520.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,351.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.78651
----------------------------------------------------------------
0 0031701329 MORTGAGORS: FARROW ANTHONY
FARROW SUE
REGION CODE ADDRESS : 3520 RIDGECREST DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,695.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------
0 0031701345 MORTGAGORS: JUNG COLIN
JUNG MAY
REGION CODE ADDRESS : 1544 NORLAND DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------
0 0031701360 MORTGAGORS: CROWTHER RICHARD
LEONARD DONNA
REGION CODE ADDRESS : 205 FOUNTAIN AVE
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 242,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,515.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.88800
----------------------------------------------------------------
0 0031701394 MORTGAGORS: RILEY KENNETH
RILEY LYNDA
REGION CODE ADDRESS : 1790 BLACKFORD LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,763.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.19800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,890,700.00
P & I AMT: 13,111.38
UPB AMT: 1,889,272.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 416
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031701410 MORTGAGORS: BOJMAN MURRAY
BOJMAN LINDA
REGION CODE ADDRESS : 11939 AVENIDA CONSENTIDO
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,164.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701584 MORTGAGORS: CASTILE JAMES
CASTILE AUDREY
REGION CODE ADDRESS : 1133 FIRST STREET UNIT 119
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,756.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,378.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701626 MORTGAGORS: GOULARTE MARK
GOULARTE BARBARA
REGION CODE ADDRESS : 9956 BRUNSWICK COURT
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,799.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701634 MORTGAGORS: TORABZADEH SEYED
TORABZADEH SYEDD
REGION CODE ADDRESS : 2591 SOUTH WESTGAGE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 248,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,915.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.89100
----------------------------------------------------------------
0 0031701659 MORTGAGORS: NOLD BRADLEY
NOLD COLLETTE
REGION CODE ADDRESS : 4137 ASHBROOK CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,771.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,442,500.00
P & I AMT: 9,991.80
UPB AMT: 1,441,408.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 417
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031701675 MORTGAGORS: PIKE GARY
REGION CODE ADDRESS : 132 HAMERTON STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,767.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701683 MORTGAGORS: HELGESEN PAUL
HELGESEN JANE
REGION CODE ADDRESS : 390 WEST 40TH STREET
01 CITY : SAN PEDRO
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,684.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,756.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701691 MORTGAGORS: SHARP GREGORY
SHARP TERRIE
REGION CODE ADDRESS : 1941 NORTHWEST 96TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,783.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 92.66600
----------------------------------------------------------------
0 0031701790 MORTGAGORS: DOWELL ERIC
DOWELL LISA
REGION CODE ADDRESS : 9791 GARRETT CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,753.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701824 MORTGAGORS: KRAPF JULIA
KRAPF ALEXANDER
REGION CODE ADDRESS : 110 ICE POND ROAD
01 CITY : CARLISLE
STATE/ZIP : MA 01741
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.87200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,674,000.00
P & I AMT: 11,413.83
UPB AMT: 1,672,988.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 418
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031701865 MORTGAGORS: BEAL WALTER
LIBASCI JOAN
REGION CODE ADDRESS : 81 SALISBURY AVENUE
01 CITY : GARDEN CITY
STATE/ZIP : NY 11530
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031701873 MORTGAGORS: KAPLAN STEVEN
KAPLAN CAROL
REGION CODE ADDRESS : 9 ARNOLDALE ROAD
01 CITY : W HARTFORD
STATE/ZIP : CT 06119
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------
0 0031701923 MORTGAGORS: LONGANO MICHAEL
LONGANO CARLA
REGION CODE ADDRESS : 11424 SADDLEWOOD LANE
01 CITY : CONCORD TOWNSHIP
STATE/ZIP : OH 44077
MORTGAGE AMOUNT : 304,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.18000
----------------------------------------------------------------
0 0031702210 MORTGAGORS: SELWYN BERNARD
SELWYN VIVIAN
REGION CODE ADDRESS : 1693 WOODS DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 26.00000
----------------------------------------------------------------
0 0031702301 MORTGAGORS: NORTH LAWRENCE
PESKETT MELANIE
REGION CODE ADDRESS : 4508 BELFORT AVENUE
01 CITY : HIGHLAND PARK
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,547,300.00
P & I AMT: 10,433.43
UPB AMT: 1,547,300.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 419
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031702335 MORTGAGORS: KNUTSON KRISTOFER
KNUTSON JULIE
REGION CODE ADDRESS : 14911 147TH AVENUE E
01 CITY : ORTING
STATE/ZIP : WA 98360
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031702426 MORTGAGORS: STEED EMMET
STEED DIANNE
REGION CODE ADDRESS : 1616 SAN ANTONIO AVENUE
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 381,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,695.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,566.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.57100
----------------------------------------------------------------
0 0031702590 MORTGAGORS: CIESLA ROBERT
REGION CODE ADDRESS : 14 PATRA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.32000
----------------------------------------------------------------
0 0031702657 MORTGAGORS: VAN MATRE WILLIAM
VAN MATRE KAREN MARIE
REGION CODE ADDRESS : 9466 HENDERSON WAY
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,054.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.88321
----------------------------------------------------------------
0 0031702830 MORTGAGORS: MILATA PAUL
MILATA DANIELLE
REGION CODE ADDRESS : 501 CASINO AVENUE
01 CITY : CRANFORD
STATE/ZIP : NJ 07016
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,815.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,622,000.00
P & I AMT: 10,933.86
UPB AMT: 1,621,287.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 420
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031702913 MORTGAGORS: SUTTER JOHN
SUTTER LINDA
REGION CODE ADDRESS : 3075 HIGHLANDS COURT
01 CITY : TAHOE CITY
STATE/ZIP : CA 96145
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.50000
----------------------------------------------------------------
0 0031703234 MORTGAGORS: SCHWALM DAVID
SCHWALM KAREN
REGION CODE ADDRESS : 234 EAST VINEDO LANE
01 CITY : TEMPE
STATE/ZIP : AZ 85284
MORTGAGE AMOUNT : 305,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,656.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,159.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------
0 0031703267 MORTGAGORS: NAGATA TED
NAGATA YEIKO
REGION CODE ADDRESS : 1233 NORTH OAK FOREST ROAD
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84103
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,032.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 40.62500
----------------------------------------------------------------
0 0031703283 MORTGAGORS: MACWILLIAM PAYSON
MACWILLIAM KELLY
REGION CODE ADDRESS : 6126 EAST CALLE CAMELIA
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85251
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,400.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031703325 MORTGAGORS: WEBER SANFORD
WEBER MARCY
REGION CODE ADDRESS : 6260 BROMLEY COURT
01 CITY : WEST BLOOMFIELD
STATE/ZIP : MI 48322
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,193.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,868,300.00
P & I AMT: 13,089.61
UPB AMT: 1,865,283.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 421
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031703473 MORTGAGORS: LOTTES RICHARD
REGION CODE ADDRESS : 16 ASPEN TREE LANE
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,589.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031703515 MORTGAGORS: SNEAD JOHN
SNEAD CAROLYN
REGION CODE ADDRESS : 1170 SAPPHIRE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,815.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031703549 MORTGAGORS: HALL RANDALL
REGION CODE ADDRESS : 1017 GREENTREE
01 CITY : BLOOMFIELD HILLS
STATE/ZIP : MI 48304
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,523.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.53800
----------------------------------------------------------------
0 0031703598 MORTGAGORS: MYER RAYMOND
MYER VALERIE
REGION CODE ADDRESS : 1239 BAJADA DRIVE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93109
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,669.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,111.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.46400
----------------------------------------------------------------
0 0031703655 MORTGAGORS: EINSEL CRAIG
EINSEL SUSAN
REGION CODE ADDRESS : 309 EAST STREET
01 CITY : VIENNA
STATE/ZIP : VA 22180
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,608,000.00
P & I AMT: 11,058.62
UPB AMT: 1,606,597.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 422
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031703812 MORTGAGORS: PAILET DEVAN
SPAR MYLES
REGION CODE ADDRESS : 1077 & 1079 SOUTH ALFRED STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
MORTGAGE AMOUNT : 399,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,859.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031703838 MORTGAGORS: PRICE JEWEL
REGION CODE ADDRESS : 1001 SOUTH HIGHLAND AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90019
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,716.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,774.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031703846 MORTGAGORS: MORRIS MICHAEL
FLYNN CATHERINE
REGION CODE ADDRESS : 12244 HUSTON STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 289,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,564.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 70.60900
----------------------------------------------------------------
0 0031703853 MORTGAGORS: LYONS STEVEN
VON BARGEN NOELLE
REGION CODE ADDRESS : 415 BROOKS STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 282,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,390.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.38200
----------------------------------------------------------------
0 0031703887 MORTGAGORS: SHERMAN ROBERT
SHERMAN AMELIA
REGION CODE ADDRESS : 15 EMPTY SADDLE ROAD
01 CITY : ROLLING HILLS
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,734.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,597.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 45.87500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,730,300.00
P & I AMT: 12,037.89
UPB AMT: 1,728,605.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 423
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031703903 MORTGAGORS: BARNES CHRISTOPHER
GARCIA-BARNES NENITA
REGION CODE ADDRESS : 1133 COLONIAL LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 274,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,996.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,917.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.67700
----------------------------------------------------------------
0 0031703911 MORTGAGORS: STRIETER DALE
IUES BRENDA
REGION CODE ADDRESS : 3261 CAPE DE ORO DRIVE
01 CITY : LOS ALAMITOS AREA
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,294.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031703978 MORTGAGORS: VAN HOOMISSEN PAUL
VAN HOOMISSEN DEBORAH
REGION CODE ADDRESS : 29492 THACKERY DRIVE
01 CITY : LAGUNA NIGEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 237,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,915.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,617.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031703986 MORTGAGORS: HOWARD JOHN
REGION CODE ADDRESS : 519 DALE DRIVE
01 CITY : INCLINE VILLAGE
STATE/ZIP : NV 89450
MORTGAGE AMOUNT : 276,820.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,614.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.07800
----------------------------------------------------------------
0 0031703994 MORTGAGORS: SCHULHOF MICHAEL
REGION CODE ADDRESS : 6689 EAST OAK FOREST DRIVE
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,818.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.38400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,310,620.00
P & I AMT: 9,123.66
UPB AMT: 1,309,638.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 424
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031704000 MORTGAGORS: OVIEDO FRANK
HIGUERA MICHELE
REGION CODE ADDRESS : 501 HERONDO STREET # 48
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,819.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031704042 MORTGAGORS: BLIZZARD STEVEN
BLIZZARD DEBORAH
REGION CODE ADDRESS : 12 HEATHERWOOD
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,790.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.75000
----------------------------------------------------------------
0 0031704059 MORTGAGORS: MCGINLEY DANIEL
MCGINLEY CYNTHIA
REGION CODE ADDRESS : 2085 SOUTH LOS ROBLES AVENUE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,783.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031704075 MORTGAGORS: MCLEAN CHARLES
MCLEAN LINDA
REGION CODE ADDRESS : 30608 EL SUENO DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 354,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,236.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,478.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.77700
----------------------------------------------------------------
0 0031704091 MORTGAGORS: LEVINE JEFF
LEVINE LUZ
REGION CODE ADDRESS : 10579 DEER CANYON DRIVE
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91737
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,816.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.57100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,424,500.00
P & I AMT: 9,980.87
UPB AMT: 1,423,446.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 425
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031704109 MORTGAGORS: ZELMAN MICHELLE
REGION CODE ADDRESS : 4047 ELLENITA AVE
01 CITY : LOS ANGELES TARZANA AREA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 307,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,171.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.66600
----------------------------------------------------------------
0 0031704117 MORTGAGORS: COMPEAN JOSEPH
COMPEAN BETTY JO
REGION CODE ADDRESS : 2012 BROOKE LANE
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,782.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.71400
----------------------------------------------------------------
0 0031704125 MORTGAGORS: PETERSON SHERI
MCCOY DONNA
REGION CODE ADDRESS : 20695 VIA MARISA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92687
MORTGAGE AMOUNT : 379,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,503.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031704141 MORTGAGORS: PLETT ANDERS
PLETT TAMMY
REGION CODE ADDRESS : 25992 ARRIBA LINDA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,783.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.08200
----------------------------------------------------------------
0 0031704166 MORTGAGORS: CURTIS BERNARD
CURTIS THERESA
REGION CODE ADDRESS : 930 FOXGLOVE COURT
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,790.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.21700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,526,200.00
P & I AMT: 10,511.37
UPB AMT: 1,525,031.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 426
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031704232 MORTGAGORS: SHEETZ ROYCE
SHEETZ RENEE
REGION CODE ADDRESS : 1842 AVENIDA JOSEFA
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,808.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.10400
----------------------------------------------------------------
0 0031704281 MORTGAGORS: LEVI LYNNE
ROSS ROLAND
REGION CODE ADDRESS : 133 LAKE MERCED HILL SOUTH
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94132
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,799.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031704299 MORTGAGORS: LAPORTE MARK
LAPORTE PATRICE
REGION CODE ADDRESS : W311 N4959 OLD STEEPLE COURT
01 CITY : HARTLAND
STATE/ZIP : WI 53029
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.51800
----------------------------------------------------------------
0 0031704307 MORTGAGORS: JOHNSON JAMES
JOHNSON LINDA
REGION CODE ADDRESS : 9 HIGH BLUFF
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,786.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.02900
----------------------------------------------------------------
0 0031704349 MORTGAGORS: BALDWINSON RONALD
BALDWINSON SALLY
REGION CODE ADDRESS : 4047 NICE COURT
01 CITY : OXNARD
STATE/ZIP : CA 93035
MORTGAGE AMOUNT : 342,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,933.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.88900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,455,200.00
P & I AMT: 10,089.99
UPB AMT: 1,454,327.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 427
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031704356 MORTGAGORS: COLLARD JAMES
REGION CODE ADDRESS : 24712 MANDEVILLE DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,530.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.04000
----------------------------------------------------------------
0 0031704364 MORTGAGORS: SALTAMACHIO PETER
REGION CODE ADDRESS : 2214 WILLOWBROOK ST
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,819.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 68.21900
----------------------------------------------------------------
0 0031704398 MORTGAGORS: NAY DANIEL
NAY DORRINE
REGION CODE ADDRESS : 30147 VIA BORICA
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------
0 0031704588 MORTGAGORS: CAPPER MARK
CAPPER LISA
REGION CODE ADDRESS : 125 W AVENIDA VALENCIA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,434.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031704638 MORTGAGORS: YELLEN ROBERT
YELLEN JEANNE
REGION CODE ADDRESS : 5731 MALACHITE AVENUE
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91737
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,533,000.00
P & I AMT: 10,590.62
UPB AMT: 1,532,600.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 428
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031704695 MORTGAGORS: SANTA JAMES
SANTA CARMELITA
REGION CODE ADDRESS : 889 LAKE VILLAGE DRIVE
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,299.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031704802 MORTGAGORS: PETERS ROBERT
SHUGRUE MARY
REGION CODE ADDRESS : 89 DUDLEY ROAD
01 CITY : SUDBURY
STATE/ZIP : MA 01776
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031704810 MORTGAGORS: MINORE MONICA
REGION CODE ADDRESS : 138 ALEXANDER AVENUE
01 CITY : MONTCLAIR
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 284,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,161.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031704828 MORTGAGORS: FAIGIN ARNOLD
FAIGIN DERETTA
REGION CODE ADDRESS : 25682 WESTON DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031704984 MORTGAGORS: EDELSTEIN ROBERT
REGION CODE ADDRESS : 1343 CENTENNIAL ROAD
01 CITY : PENN VALLEY
STATE/ZIP : PA 19072
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.44000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,680,800.00
P & I AMT: 11,360.66
UPB AMT: 1,680,360.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 429
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031705056 MORTGAGORS: BROMLEY SHIRLEE
WEBSTER ELLEN
REGION CODE ADDRESS : 55 SOUTHWIND CIRCLE
01 CITY : RICHMOND
STATE/ZIP : CA 94804
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031705221 MORTGAGORS: NIXON THOMAS
NIXON STACEY
REGION CODE ADDRESS : 2431 PINEHURST COURT
01 CITY : DISCOVERY BAY
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 291,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,444.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,089.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031705296 MORTGAGORS: SNOKE LAURA
ORRETT EDWARD
REGION CODE ADDRESS : 220 SHERMAN CANAL,
01 CITY : LOS ANGELES
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 545,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,857.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.24100
----------------------------------------------------------------
0 0031705320 MORTGAGORS: RINGGOLD MITCHELL
RINGGOLD LEIGH
REGION CODE ADDRESS : 6588 LEYLAND PARK DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.74100
----------------------------------------------------------------
0 0031705346 MORTGAGORS: GOLDEN JAMES
GOLDEN S.
REGION CODE ADDRESS : 134 DEFOREST ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.11100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,778,650.00
P & I AMT: 12,304.94
UPB AMT: 1,778,444.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 430
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031705783 MORTGAGORS: WATKINS WADE
WATKINS DENISE
REGION CODE ADDRESS : 2331 RUSTIC GATE WAY
01 CITY : HACIENDA HEIGHTS AREA
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031705965 MORTGAGORS: GIARDINELLI JOHN
GIARDINELLI KRISTY
REGION CODE ADDRESS : 30076 WHITE WAKE DRIVE
01 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,732.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------
0 0031706146 MORTGAGORS: GARNER THOMAS
NICOLL MONA
REGION CODE ADDRESS : 3923 CAMELLIA LANE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93110
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,414.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031706187 MORTGAGORS: LIU LI
CHANG NING
REGION CODE ADDRESS : 897 ADONIS COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,578.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.47300
----------------------------------------------------------------
0 0031706245 MORTGAGORS: YOUNG TIMOTHY
REGION CODE ADDRESS : 1225 SANDERS COURT
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,782.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,416,600.00
P & I AMT: 9,835.73
UPB AMT: 1,415,508.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 431
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031706260 MORTGAGORS: FOLEY FRANCIS
FOLEY MARY ANN
REGION CODE ADDRESS : 18 WYNDCLIFF DRIVE
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,817.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 46.60194
----------------------------------------------------------------
0 0031706294 MORTGAGORS: ROBICHAUD STEPHEN
ROBICHAUD DIANA
REGION CODE ADDRESS : 17 BOYLSTON AVENUE
01 CITY : PRINCETON
STATE/ZIP : MA 01541
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,795.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.96600
----------------------------------------------------------------
0 0031706302 MORTGAGORS: WESTERN SAMUEL
WESTERN LAURA
REGION CODE ADDRESS : 4337 SOUTH WANDER LANE
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84124
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,797.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.67500
----------------------------------------------------------------
0 0031706351 MORTGAGORS: DAVIS ALLAN
REGION CODE ADDRESS : 15849 RANCHO VALENCIA WAY
01 CITY : VALLEY CENTER
STATE/ZIP : CA 92003
MORTGAGE AMOUNT : 240,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,625.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031706369 MORTGAGORS: LAFFERTY MICHAEL
REGION CODE ADDRESS : 4749 EAST INDIAN BEND DRIVE
01 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,430.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,774.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,421,800.00
P & I AMT: 9,976.31
UPB AMT: 1,420,466.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 432
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031706500 MORTGAGORS: JACKSON KEITH
JACKSON VICKIE
REGION CODE ADDRESS : 2351 EAST AUTUMN RIDGE DRIVE
01 CITY : SANDY
STATE/ZIP : UT 84092
MORTGAGE AMOUNT : 455,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,822.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,187.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------
0 0031706567 MORTGAGORS: JAFFERY SHEHLA
KHALIL IMRAN
REGION CODE ADDRESS : 46402 MORNINGTON ROAD
01 CITY : CANTON
STATE/ZIP : MI 48188
MORTGAGE AMOUNT : 267,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,551.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031706609 MORTGAGORS: MARTINEZ PAUL
MARTINEZ LISA
REGION CODE ADDRESS : 1657 CURTIS AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,344.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031706617 MORTGAGORS: SCOTT KEVIN
SCOTT ARLENE
REGION CODE ADDRESS : 3810 142ND PLACE NORTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98007
MORTGAGE AMOUNT : 344,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.57000
----------------------------------------------------------------
0 0031706963 MORTGAGORS: REITER LAURA
REITER LAWRENCE
REGION CODE ADDRESS : 29 PARKWAY ROAD
01 CITY : BRIARCLIFF MANOR
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,388.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,705,750.00
P & I AMT: 11,893.69
UPB AMT: 1,703,818.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 433
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031706971 MORTGAGORS: SOMMER RICHARD
REGION CODE ADDRESS : 66 CLARENDON AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 634,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 633,480.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,218.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.67000
----------------------------------------------------------------
0 0031707003 MORTGAGORS: CHATTERJEE AMITABHA
REGION CODE ADDRESS : 18 EAST LAWN DRIVE
01 CITY : HOLMDEL
STATE/ZIP : NJ 07733
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.60800
----------------------------------------------------------------
0 0031707011 MORTGAGORS: HECKEL JAMES
HECKEL JANIS
REGION CODE ADDRESS : 5055 ROCKHAMPTON COURT
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,716.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,774.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031707094 MORTGAGORS: LIN HANZHENG
MAO SUHONG
REGION CODE ADDRESS : 1646 CORTE DE MEDEA
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,771.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.29700
----------------------------------------------------------------
0 0031707102 MORTGAGORS: LEMKE MYRNIE
LEMKE DAVID
REGION CODE ADDRESS : 665 HIGHLAND AVENUE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 368,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,626.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,040,900.00
P & I AMT: 13,985.26
UPB AMT: 2,039,594.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 434
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031707128 MORTGAGORS: WALSH TOM
WALSH DIANE
REGION CODE ADDRESS : 32 MANZANO COURT
01 CITY : NOVATO
STATE/ZIP : CA 94945
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,775.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031707144 MORTGAGORS: BANNER RICHARD
BANNER SIMONE
REGION CODE ADDRESS : 270 SOUTH MOHLER DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,696.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,461.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.92307
----------------------------------------------------------------
0 0031707235 MORTGAGORS: MODLESKI TANIA
REGION CODE ADDRESS : 8273 ROMAINE STREET
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,808.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.72727
----------------------------------------------------------------
0 0031707318 MORTGAGORS: CELECIA ROBERT
CELECIA DALLAS
REGION CODE ADDRESS : 833 SUMMIT DR
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,672.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.04300
----------------------------------------------------------------
0 0031707326 MORTGAGORS: URBAN JEFFREY
URBAN LYNN
REGION CODE ADDRESS : 5088 FALLHAVEN LANE
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 514,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,462.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,832,000.00
P & I AMT: 12,371.28
UPB AMT: 1,830,952.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 435
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031707359 MORTGAGORS: MERCER TIMOTHY
MERCER EVELYN
REGION CODE ADDRESS : 5 PATRICK CT
01 CITY : HOUSTON
STATE/ZIP : TX 77024
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 41.66600
----------------------------------------------------------------
0 0031707383 MORTGAGORS: ANDREW JOHN
ANDREW SHARON
REGION CODE ADDRESS : 20384 WINFIELD PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,778.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.72600
----------------------------------------------------------------
0 0031707425 MORTGAGORS: ANBARCI KEMAL
ANBARCI MELANIE
REGION CODE ADDRESS : 341 RISHELL DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94619
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,801.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031707441 MORTGAGORS: MITCHELL TIMOTHY
MITCHELL MARGIE
REGION CODE ADDRESS : 315 WEST FRIAR TUCK LANE
01 CITY : HOUSTON
STATE/ZIP : TX 77024
MORTGAGE AMOUNT : 916,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 915,767.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,174.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 65.00000
----------------------------------------------------------------
0 0031707474 MORTGAGORS: YOUNG PHILIP
YOUNG SUSAN
REGION CODE ADDRESS : 4807 ALIANO DRIVE
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,292.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,109.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,120,000.00
P & I AMT: 14,555.87
UPB AMT: 2,118,365.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 436
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031707490 MORTGAGORS: ZHANG ZHIHONG
WANG DONGMING
REGION CODE ADDRESS : 12003 HOLLY LEAF COURT
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,724.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031707607 MORTGAGORS: SINGER GORDON
REGION CODE ADDRESS : 14380 FAIRVIEW LANE
01 CITY : GOLDEN
STATE/ZIP : CO 80401
MORTGAGE AMOUNT : 378,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,368.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,647.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.94000
----------------------------------------------------------------
0 0031707623 MORTGAGORS: PEMBERTON STEPHEN
PEMBERTON JULIE
REGION CODE ADDRESS : 9405 SOUTH LARK SPARROW DR.
01 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031707649 MORTGAGORS: JAMES BRUCE
BOSS JEFFERY
REGION CODE ADDRESS : 13611 FAIRMONT WAY
01 CITY : TUSTIN
STATE/ZIP : CA 92780
MORTGAGE AMOUNT : 263,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------
0 0031707698 MORTGAGORS: LEAVITT BRADLEY
LEAVITT DOREEN
REGION CODE ADDRESS : 2585 BARCELONA DRIVE
01 CITY : PISMO BEACH
STATE/ZIP : CA 93449
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,798.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,201.30 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 69.44400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,250.00
P & I AMT: 11,036.73
UPB AMT: 1,585,492.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 437
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031707722 MORTGAGORS: BUBLIK VLADIMIR
BUBLIK GALINA
REGION CODE ADDRESS : 322 NORTH ORLANDO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,770.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,243.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.04500
----------------------------------------------------------------
0 0031707748 MORTGAGORS: MAY DOUGLAS
REGION CODE ADDRESS : 15442 DUNCAN HILL RD
01 CITY : SPARKS
STATE/ZIP : MD 21152
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,787.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031707771 MORTGAGORS: LAVELLE JOHN
REGION CODE ADDRESS : 37189 N THOROUGHBRED DRIVE
01 CITY : WADSWORTH
STATE/ZIP : IL 60083
MORTGAGE AMOUNT : 349,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,240.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,443.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.54500
----------------------------------------------------------------
0 0031707805 MORTGAGORS: GRANT ADRIAN
GRANT ELVIRA
REGION CODE ADDRESS : 119 MILLRICH DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 509,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 508,631.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,602.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.86600
----------------------------------------------------------------
0 0031707821 MORTGAGORS: FOLTZ JOHN
FOLTZ JUDITH
REGION CODE ADDRESS : 363 NORTH MYRTLE AVENUE
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,755.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,777,500.00
P & I AMT: 12,453.07
UPB AMT: 1,776,185.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 438
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031707854 MORTGAGORS: ABLER DUANE
ABLER ALICE
REGION CODE ADDRESS : 9719 ORCAS AVE
01 CITY : SUNLAND
STATE/ZIP : CA 91040
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,564.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031707888 MORTGAGORS: GOLSHANI BENJAMIN
REGION CODE ADDRESS : 16103 SANDY LANE
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,604.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,591.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.33333
----------------------------------------------------------------
0 0031707938 MORTGAGORS: OSTROM K
OSTROM CYNTHIA
REGION CODE ADDRESS : 26809 52ND LANE SOUTH
01 CITY : KENT
STATE/ZIP : WA 98032
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,762.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.71800
----------------------------------------------------------------
0 0031707946 MORTGAGORS: CLOGG JAY
CLOGG LORI
REGION CODE ADDRESS : 12924 BUCKEYE DRIVE
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,778.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.00000
----------------------------------------------------------------
0 0031708100 MORTGAGORS: NEVE DAVID
NEVE JULIE
REGION CODE ADDRESS : 4555 BEAVER AVE
01 CITY : DES MOINES
STATE/ZIP : IA 50310
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,319.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,191.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.58100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,664,350.00
P & I AMT: 11,263.07
UPB AMT: 1,663,029.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 439
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031708134 MORTGAGORS: MILLER WILLIAM
MILLER PAMELA
REGION CODE ADDRESS : 2589 CIRCULO HERMOSA
01 CITY : LAKE HAVASU CITY
STATE/ZIP : AZ 86406
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,636.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708159 MORTGAGORS: ESTRELLA GUSTAVO
ESTRELLA SYLVIA
REGION CODE ADDRESS : 2455 PALOMA STREET
01 CITY : PASADENA
STATE/ZIP : CA 91104
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,824.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------
0 0031708191 MORTGAGORS: PEEL L
PEEL DENISE
REGION CODE ADDRESS : 10400 MASTERS TERRACE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 509,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,092.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,432.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.38400
----------------------------------------------------------------
0 0031708514 MORTGAGORS: BANKS DANIEL
BANKS KIMBERLY
REGION CODE ADDRESS : 4820 KNIGHTSWOOD WAY
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,814.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708522 MORTGAGORS: TOGNOTTI ANTHONY
TOGNOTTI SUSAN
REGION CODE ADDRESS : 218 ARROYO DRIVE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,796.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.68700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,495,500.00
P & I AMT: 10,261.86
UPB AMT: 1,494,163.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 440
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031708548 MORTGAGORS: BOZEK JOHN
MOXON ELIZABETH
REGION CODE ADDRESS : 1133 CURTIS STREET
01 CITY : ALBANY
STATE/ZIP : CA 94706
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,785.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708555 MORTGAGORS: FLATBUSH MICHAEL
FLATBUSH ELIZABETH
REGION CODE ADDRESS : 7400 HILLSBORO AVENUE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 274,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,480.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,850.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.54700
----------------------------------------------------------------
0 0031708605 MORTGAGORS: KRUSE JOY
REGION CODE ADDRESS : 2160 PACIFIC AVENUE, #1
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,793.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.76100
----------------------------------------------------------------
0 0031708613 MORTGAGORS: STEINBRICK PETER
STEINBRICK GAIL
REGION CODE ADDRESS : 9873 MILTON CIRCLE
01 CITY : CYPRESS
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,803.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.12600
----------------------------------------------------------------
0 0031708621 MORTGAGORS: STARK HARRY
REGION CODE ADDRESS : 663 ENSENADA AVE
01 CITY : BERKELEY
STATE/ZIP : CA 94707
MORTGAGE AMOUNT : 240,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,602.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,320,500.00
P & I AMT: 8,989.88
UPB AMT: 1,319,464.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 441
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031708639 MORTGAGORS: KLEIN JEFFREY
KLEIN MELLISSA
REGION CODE ADDRESS : 4240 CANYON CREST ROAD WEST
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,768.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,876.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.04200
----------------------------------------------------------------
0 0031708647 MORTGAGORS: PEGUERO ALFRED
PEGUERO JONNA
REGION CODE ADDRESS : 72 HARVARD DRIVE
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,657.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,883.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708670 MORTGAGORS: WATSON E.
CASSEL GERALD
REGION CODE ADDRESS : 530 AVALON AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94112
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708712 MORTGAGORS: REILLY DAVID
REILLY MIRENA
REGION CODE ADDRESS : 12 LINCOLN LANE
01 CITY : SUDBURY
STATE/ZIP : MA 01776
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,538.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708738 MORTGAGORS: PALMERO JOHN
DAVISON STEVEN
REGION CODE ADDRESS : 4101 LINDEN AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90807
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,719.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,822,000.00
P & I AMT: 12,473.56
UPB AMT: 1,821,145.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 442
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031708746 MORTGAGORS: WOESNER STEPHEN
WOESNER RUTH
REGION CODE ADDRESS : 13321 ETON PLACE
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,981.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708753 MORTGAGORS: BUDDINE LINDA
BUDDINE RICHARD
REGION CODE ADDRESS : 981 NORTH SONORA CIRCLE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 354,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,636.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,481.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------
0 0031708761 MORTGAGORS: KIM KEE
KIM SUN
REGION CODE ADDRESS : 521 WEST SAINT ANDREWS AVENUE
01 CITY : LA HABRA
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,275.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.56400
----------------------------------------------------------------
0 0031708795 MORTGAGORS: SMITH MARK
SMITH KRISTIN
REGION CODE ADDRESS : 2702 LA GOLONDRINA STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,808.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708837 MORTGAGORS: KENDZIOR ROBERT
REGION CODE ADDRESS : 4653 LAKE POINT CIRCLE
01 CITY : LONG GROVE
STATE/ZIP : IL 60047
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.94500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,491,600.00
P & I AMT: 10,333.21
UPB AMT: 1,490,701.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 443
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031708845 MORTGAGORS: SCHUHMANN CHARLES
SCHUHMANN RUSHEAN
REGION CODE ADDRESS : 29 VIENNE
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 359,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,962.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------
0 0031708902 MORTGAGORS: BANG ILYOUNG
BANG HELEN
REGION CODE ADDRESS : 3851 HEATHER STREET
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,563.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031708928 MORTGAGORS: ROMANO WILLIAM
ROMANO DEANNA
REGION CODE ADDRESS : 4588 VIA DEL PRADO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 237,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,214.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,619.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.96000
----------------------------------------------------------------
0 0031708944 MORTGAGORS: SCHELL JESSE
SCHELL NYRA
REGION CODE ADDRESS : 701 EAST ELWOOD AVE
01 CITY : BURBANK
STATE/ZIP : CA 91501
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,817.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709025 MORTGAGORS: DOBBELAER THOMAS
DOBBELAER SHARON
REGION CODE ADDRESS : 4005 SUN HILL CT
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,623.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,400,650.00
P & I AMT: 9,653.36
UPB AMT: 1,399,558.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 444
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031709090 MORTGAGORS: PAYNE BRIAN
JUE LESLIE
REGION CODE ADDRESS : 857 WILDWOOD TRAIL
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,724.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709124 MORTGAGORS: AKINS JOHN
AKINS SHEILA
REGION CODE ADDRESS : 2417 6TH STREET
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709181 MORTGAGORS: DODSON MICHAEL
REGION CODE ADDRESS : 1101 GREEN STREET #402
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94109
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,852.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709264 MORTGAGORS: HOFFMAN WILLIAM
HOFFMAN CAMILLE
REGION CODE ADDRESS : 5875 ASSISI COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 458,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,651.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,163.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.87200
----------------------------------------------------------------
0 0031709348 MORTGAGORS: LOIBEN THEODORE
LOIBEN SUSAN
REGION CODE ADDRESS : 340 CARLISLE AVENUE
01 CITY : DEERFIELD
STATE/ZIP : IL 60015
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,729.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,458.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,830,000.00
P & I AMT: 12,516.05
UPB AMT: 1,829,105.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 445
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031709405 MORTGAGORS: PATEL ATUL
PATEL TORAL
REGION CODE ADDRESS : 2836 WOODSIDE TERRACE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 589,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 588,962.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,121.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.44200
----------------------------------------------------------------
0 0031709470 MORTGAGORS: ANTIGNAS DEBRA
NAUGLE ALEC
REGION CODE ADDRESS : 9245 SKYLINE BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,175.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709504 MORTGAGORS: LOVELL JEFFREY
LOVELL DEBORAH
REGION CODE ADDRESS : 6439 ST PATRICK LANE
01 CITY : HARTFORD
STATE/ZIP : WI 53027
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,287.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031709512 MORTGAGORS: BLOOMQUIST CANDACE
LEWIS JAMES
REGION CODE ADDRESS : 24 CENTURY LANE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,757.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.85700
----------------------------------------------------------------
0 0031709546 MORTGAGORS: NELSON MARK
REGION CODE ADDRESS : 1401 CAMINO TASSAJARA
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,767.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,777,550.00
P & I AMT: 12,435.75
UPB AMT: 1,775,949.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 446
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031709553 MORTGAGORS: HUDSON LOREN
HUDSON DEBORAH
REGION CODE ADDRESS : 1575 RIEBLI ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031709579 MORTGAGORS: RIRIE CRAIG
RIRIE BECKY
REGION CODE ADDRESS : 141 WEST 2600 NORTH
01 CITY : PLEASANT GROVE
STATE/ZIP : UT 84062
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,622.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.10600
----------------------------------------------------------------
0 0031709603 MORTGAGORS: BOYCE MERRILL
BOYCE SIMA
REGION CODE ADDRESS : 7 WILKINS COURT
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,062.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.05600
----------------------------------------------------------------
0 0031709900 MORTGAGORS: FRANCIS ANDREW
FRANCIS ANNE
REGION CODE ADDRESS : 16550 NORTH 108TH ST.
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 252,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.12000
----------------------------------------------------------------
0 0031709975 MORTGAGORS: MCKERNAN EDWARD
REGION CODE ADDRESS : 5430 CHELSEN WOOD DRIVE
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,810.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,874,750.00
P & I AMT: 12,919.72
UPB AMT: 1,873,194.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 447
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031710114 MORTGAGORS: SODERLUND INGRID
REGION CODE ADDRESS : 138 REED STREET
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031710387 MORTGAGORS: PASSY VICTOR
PASSY JUDITH
REGION CODE ADDRESS : 1008 NORTH CHEYENNE STREET
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 433,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,961.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,955.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------
0 0031710551 MORTGAGORS: GRULLON KENNETH
CENTENO-GRULLON JEANIFER
REGION CODE ADDRESS : 714 NORTH POND COURT
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 349,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,840.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,440.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031710593 MORTGAGORS: SVENDSEN PREBEN
REGION CODE ADDRESS : 3337 CORTE VERSO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,734.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031710692 MORTGAGORS: ARGUELLES JOHN
ARGUELLES TANYA
REGION CODE ADDRESS : 5356 ENTRADA OLEANDROS
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,900.00
P & I AMT: 11,369.05
UPB AMT: 1,654,037.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 448
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031710700 MORTGAGORS: ORNELAS GARY
ORNELAS ROBERTA
REGION CODE ADDRESS : 8447 E. BISCAYNE WAY
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 265,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,742.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.96400
----------------------------------------------------------------
0 0031710718 MORTGAGORS: ADIELE GEORGE
ADIELE FELICIA
REGION CODE ADDRESS : 1220 VIA BLAIRO CIRCLE
01 CITY : CORONA
STATE/ZIP : CA 91719
MORTGAGE AMOUNT : 271,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,343.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98800
----------------------------------------------------------------
0 0031710726 MORTGAGORS: RICE REYNARD
RICE KAREN
REGION CODE ADDRESS : 202 SOUTH FAIRFIELD LANE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 271,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,888.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.97300
----------------------------------------------------------------
0 0031710833 MORTGAGORS: CATUDUL JAMES
ALEXANDER KATHRYN
REGION CODE ADDRESS : 30 MARILYN RD
01 CITY : MILTON
STATE/ZIP : MA 02186
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031710890 MORTGAGORS: ROBINSON ROBERT
ROBINSON NORA
REGION CODE ADDRESS : 2016 SCOWERS COURT
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 267,385.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,176.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,341,585.00
P & I AMT: 9,175.06
UPB AMT: 1,340,750.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 449
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031710940 MORTGAGORS: MOLNER DAVID
MOLNER MARYANN
REGION CODE ADDRESS : 21888 STRAWBERRY LANE
01 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,817.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031710981 MORTGAGORS: FRANKLIN MARTIN
SHACKFORD KAREN
REGION CODE ADDRESS : 244 FINE AVENUE
01 CITY : SONOMA
STATE/ZIP : CA 95476
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,292.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,186.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 83.75000
----------------------------------------------------------------
0 0031711013 MORTGAGORS: EVANS CHARLES
CORNISH ELIZABETH
REGION CODE ADDRESS : 441 TEE COURT
01 CITY : HEALDSBURG
STATE/ZIP : CA 95448
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.29900
----------------------------------------------------------------
0 0031711039 MORTGAGORS: MADDEN RAY
REGION CODE ADDRESS : 644 "C" STREET NE
01 CITY : WASHINGTON
STATE/ZIP : DC 20002
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,838.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.04 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031711047 MORTGAGORS: MAK TOM
MAK JOAN
REGION CODE ADDRESS : 62 BURL TREE
01 CITY : THE SEA RANCH
STATE/ZIP : CA 95497
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,811.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.17600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,373,500.00
P & I AMT: 9,643.24
UPB AMT: 1,372,486.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 450
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031711229 MORTGAGORS: PIKE-BAKY MEREDITH
BAKY NABIL
REGION CODE ADDRESS : 80 GOLDEN HINDE BLVD.,
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,769.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.62300
----------------------------------------------------------------
0 0031711435 MORTGAGORS: EASSON STUART
REGION CODE ADDRESS : 800 GRAHAM HILL ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.81200
----------------------------------------------------------------
0 0031711450 MORTGAGORS: GRONAU KURT
GRAHAM SHIRLEY
REGION CODE ADDRESS : 0288 SUN KING DRIVE
01 CITY : GLENWOOD SPRINGS
STATE/ZIP : CO 81601
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,762.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,407.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031711484 MORTGAGORS: GAVIGLIO B
GAVIGLIO WINNONA
REGION CODE ADDRESS : 25191 NORTHRUP DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,576.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031711708 MORTGAGORS: RYAN JEFFREY
RYAN GERALDINE
REGION CODE ADDRESS : 1475 LAWRENCE ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,517.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,832,750.00
P & I AMT: 12,861.85
UPB AMT: 1,831,627.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 451
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031711716 MORTGAGORS: VINNECOUR KEITH
VINNECOUR PATRICIA
REGION CODE ADDRESS : 7329 EASTHAVEN LANE
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,731.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.98600
----------------------------------------------------------------
0 0031711732 MORTGAGORS: ALKEMA GRACIA
HENDRIX CHARLES
REGION CODE ADDRESS : 32214 OAKSHORE DRIVE
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,721.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 45.07200
----------------------------------------------------------------
0 0031712896 MORTGAGORS: LEVEY KENNETH
LEVEY APRIL
REGION CODE ADDRESS : 943 WILD GINGER TRAIL
01 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031712953 MORTGAGORS: PLOWMAN KENNETH
PLOWMAN SUZANNE
REGION CODE ADDRESS : 12 LITTLE CREEK COURT
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.39800
----------------------------------------------------------------
0 0031713225 MORTGAGORS: BENGSTON BILLY
AL WENDY
REGION CODE ADDRESS : 805 HAMPTON DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,384.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.33300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,748,250.00
P & I AMT: 11,999.09
UPB AMT: 1,747,702.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 452
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031713480 MORTGAGORS: KRUEGER DANIEL
KRUEGER JUDY
REGION CODE ADDRESS : 289AA SAN BENANCIO ROAD
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 274,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,871.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031713498 MORTGAGORS: THIEL LAURA
ROSVOLD KRISTIAN
REGION CODE ADDRESS : 304 MISSION AVENUE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031713522 MORTGAGORS: MANALAYSAY GLORIA
MANALAYSAY LEANDRO
REGION CODE ADDRESS : 1770 32ND AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,024.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.44400
----------------------------------------------------------------
0 0031713589 MORTGAGORS: DION DAVID
DION KAREN
REGION CODE ADDRESS : 112 WELDON FARM ROAD
01 CITY : ROWLEY
STATE/ZIP : MA 01969
MORTGAGE AMOUNT : 296,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,718.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.98484
----------------------------------------------------------------
0 0031713621 MORTGAGORS: KEENAN SUSAN
REGION CODE ADDRESS : 550 HIGHLAND DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,787.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 50.51700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,406,350.00
P & I AMT: 9,807.70
UPB AMT: 1,405,906.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 453
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031713811 MORTGAGORS: BADKOUBEI SIAMAK
BADKOUBEI FARAHNAZ
REGION CODE ADDRESS : 14 PRIMROSE #47
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,074.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031713910 MORTGAGORS: JIMENEZ JESUS
JIMENEZ MARTHA
REGION CODE ADDRESS : 5676 JUNIPER STREET
01 CITY : CHINO
STATE/ZIP : CA 91710
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,812.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,576.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031714314 MORTGAGORS: HANSIL PAUL
HANSIL JANICE
REGION CODE ADDRESS : 4129 NOBLEMAN POINT
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031714587 MORTGAGORS: SIEGEL MARTIN
SIEGEL CAROL
REGION CODE ADDRESS : 420 EBERHART GULCH COURT
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031714926 MORTGAGORS: BLADOW KEVIN
BLADOW MICHELLE
REGION CODE ADDRESS : 155 ZINFANDEL CIRCLE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,564.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,540,250.00
P & I AMT: 10,433.40
UPB AMT: 1,539,887.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 454
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031715378 MORTGAGORS: THOMSON LAURENCE
THOMSON CAROL
REGION CODE ADDRESS : 2037 WEST 35TH STREET
01 CITY : SAN PEDRO
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,085.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.56300
----------------------------------------------------------------
0 0031715485 MORTGAGORS: PHILOGENE PEDRO
PHILOGENE MARIE
REGION CODE ADDRESS : 9930 BAGPIPE COURT
01 CITY : BRISTOW
STATE/ZIP : VA 20136
MORTGAGE AMOUNT : 259,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,680.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------
0 0031715766 MORTGAGORS: BRUCE ALAN
HENNESSEY BRUCE SHEILA
REGION CODE ADDRESS : 124 OXFORD DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,734.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,503.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.82608
----------------------------------------------------------------
0 0031715824 MORTGAGORS: GREPO GERMAN
GREPO MARIA
REGION CODE ADDRESS : 29062 CANYON VISTA DRIVE
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 256,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,955.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.15400
----------------------------------------------------------------
0 0031715832 MORTGAGORS: POLICH BONITA
REGION CODE ADDRESS : 1526 MAGNOLIA BLVD W.
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 42.75800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,485,300.00
P & I AMT: 10,206.60
UPB AMT: 1,484,839.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 455
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031715865 MORTGAGORS: GOUGH FRANCIS
GOUGH SUSAN
REGION CODE ADDRESS : 27 MOUNTAIN VIEW AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,668.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,367.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 72.53000
----------------------------------------------------------------
0 0031715899 MORTGAGORS: NENDZA ROBERT
NENDZA JULIE
REGION CODE ADDRESS : 17487 CALLE CABALLERIA
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,726.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 85.50000
----------------------------------------------------------------
0 0031715923 MORTGAGORS: BISHOP BEVERLY
BISHOP DANIEL
REGION CODE ADDRESS : 431 HOBART AVE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.20000
----------------------------------------------------------------
0 0031715931 MORTGAGORS: DOMASIN GREGORY
JOHNSON KATHLEEN
REGION CODE ADDRESS : 8 WRANGLER COURT
01 CITY : TRUBUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031716004 MORTGAGORS: HEIDEMAN THOMAS
HEIDEMAN JONI
REGION CODE ADDRESS : 20109 SALTEE AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 359,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,632.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,424.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,779,920.00
P & I AMT: 12,141.15
UPB AMT: 1,779,026.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 456
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031716038 MORTGAGORS: GUITON TIMOTHY
GUITON CHRISTINE
REGION CODE ADDRESS : 30 FLORES
01 CITY : FOOTHILL RANCH (AREA)
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,797.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,056.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.77700
----------------------------------------------------------------
0 0031716046 MORTGAGORS: STUTZMAN JAMES
STUTZMAN SANDRA
REGION CODE ADDRESS : 362 LAGUNA TERRACE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,723.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.74000
----------------------------------------------------------------
0 0031716087 MORTGAGORS: HOAG KIM
HOAG RENI
REGION CODE ADDRESS : 1825 ELEVADO AVENUE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 397,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,289.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,712.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031716186 MORTGAGORS: MONTANTE RICHARD
MONTANTE MARGARET
REGION CODE ADDRESS : 101 RED CEDAR ROAD #25
01 CITY : INCLINE VILLAGE
STATE/ZIP : NV 89451
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.38700
----------------------------------------------------------------
0 0031716210 MORTGAGORS: BRYAN MARK
REGION CODE ADDRESS : 2828 MIDVALE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,750.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,684,600.00
P & I AMT: 11,562.72
UPB AMT: 1,683,560.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 457
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031716244 MORTGAGORS: CASSIDY SHAUN
CASSIDY SUSAN
REGION CODE ADDRESS : 11953 BRIARVALE LANE
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,743.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 36.31500
----------------------------------------------------------------
0 0031716319 MORTGAGORS: WEINBERG JEFF
WEINBERG MICHELLE
REGION CODE ADDRESS : 26 SAPPHIRE DR,
01 CITY : WEST WINDSOR TWP
STATE/ZIP : NJ 08648
MORTGAGE AMOUNT : 346,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,671.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,391.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.94500
----------------------------------------------------------------
0 0031716442 MORTGAGORS: BOLANO MADONNA
BOLANO GABRIEL
REGION CODE ADDRESS : 32703 RED MAPLE STREET
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,471.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98100
----------------------------------------------------------------
0 0031716533 MORTGAGORS: SHARIFI MOHAMMAD
SHARIFI NAZIFA
REGION CODE ADDRESS : 32721 BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 296,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,429.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------
0 0031716608 MORTGAGORS: GUZMAN CASSANDRA
REGION CODE ADDRESS : 10 TUMBLEWEED STREET
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 281,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,230.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,557,200.00
P & I AMT: 10,810.67
UPB AMT: 1,555,547.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 458
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031716707 MORTGAGORS: ALI FAZAL
ALI SHARMINA
REGION CODE ADDRESS : 11638 CANDY ROSE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 315,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,455.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
0 0031716731 MORTGAGORS: TURNER COLIN
TURNER MARIE-CLAIRE
REGION CODE ADDRESS : 525 SADDLEBACK CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 242,225.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,045.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------
0 0031716749 MORTGAGORS: SWIFT JOHN
REGION CODE ADDRESS : 141 WHELAN COURT
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94043
MORTGAGE AMOUNT : 277,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,244.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,939.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
0 0031716756 MORTGAGORS: TAN WEY
CHOW JOSEPHINE
REGION CODE ADDRESS : 32719 RED MAPLE STREET
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 249,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,587.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.30651
----------------------------------------------------------------
0 0031716772 MORTGAGORS: PUN PHILIP
REGION CODE ADDRESS : 336 WHISMAN STATION DRIVE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94043
MORTGAGE AMOUNT : 269,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,327.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99845
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,355,325.00
P & I AMT: 9,398.32
UPB AMT: 1,353,659.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 459
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031716798 MORTGAGORS: MC KEAN ROBERT
MC KEAN CORINNE
REGION CODE ADDRESS : 1912 GATES AVE # B
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031716830 MORTGAGORS: DAVIS ANDRE
REGION CODE ADDRESS : 8030 MAMMOTH
01 CITY : ROHNERT PARK
STATE/ZIP : CA 94928
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031716913 MORTGAGORS: CASPERSON SABRINA
BONFIGLI JERRY
REGION CODE ADDRESS : 4590 PEARL DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,814.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031716954 MORTGAGORS: LAUREL REY
LAUREL ELAINE
REGION CODE ADDRESS : 32748 SOUTH BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 239,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,875.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,632.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------
0 0031716996 MORTGAGORS: SANFORD DAVID
REGION CODE ADDRESS : 32711 RED MAPLE STREET
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 322,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,854.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,336.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,378,750.00
P & I AMT: 9,654.80
UPB AMT: 1,377,510.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 460
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031717176 MORTGAGORS: TREMBLAY JEFFREY
TREMBLAY CHERYL
REGION CODE ADDRESS : 27 LOWERY LANE
01 CITY : MENDHAM BORO
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.92800
----------------------------------------------------------------
0 0031717192 MORTGAGORS: FAJNOR DAVID
FAJNOR ANA
REGION CODE ADDRESS : 111 SNYDER AVENUE
01 CITY : AROMAS
STATE/ZIP : CA 95004
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031717770 MORTGAGORS: BYE LARRY
BYE JANET
REGION CODE ADDRESS : 3266 ERIE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92117
MORTGAGE AMOUNT : 269,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031717820 MORTGAGORS: BRANSCOMBE KENNETH
REGION CODE ADDRESS : 286 DOGWOOD WALK LANE
01 CITY : NORCROSS
STATE/ZIP : GA 30071
MORTGAGE AMOUNT : 293,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.24000
----------------------------------------------------------------
0 0031717903 MORTGAGORS: MCCORMICK DAVID
MCCORMICK EMMA
REGION CODE ADDRESS : 5 PIONEER COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 244,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,159.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,666.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,481,000.00
P & I AMT: 10,124.88
UPB AMT: 1,480,809.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 461
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031717911 MORTGAGORS: WILLIAMS RICHARD
ALO TINA
REGION CODE ADDRESS : 32671 RED MAPLE STREET
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 268,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,529.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.50100
----------------------------------------------------------------
0 0031717937 MORTGAGORS: HOBAN JOSEPH
HOBAN CAROL
REGION CODE ADDRESS : JUNIPERO AVE 4TH SE OF 10TH AVE
01 CITY : CARMEL
STATE/ZIP : CA 93921
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,105.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,928.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031717945 MORTGAGORS: HAMMER GARY
HAMMER XENIA
REGION CODE ADDRESS : 861 SHARON COURT
01 CITY : PALO ALTO
STATE/ZIP : CA 94301
MORTGAGE AMOUNT : 527,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 526,798.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,641.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.99400
----------------------------------------------------------------
0 0031717960 MORTGAGORS: RAMOS REGAN
RAMOS NANCY
REGION CODE ADDRESS : 338 ST MARTIN DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,590.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.71093
----------------------------------------------------------------
0 0031717978 MORTGAGORS: OLIVAS DAVID
OLIVAS MICHELLE
REGION CODE ADDRESS : 3126 HAWKCREST CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 427,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,675.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,949.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.11400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,791,750.00
P & I AMT: 12,276.75
UPB AMT: 1,789,698.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 462
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031717986 MORTGAGORS: MACBETH KEITH
REGION CODE ADDRESS : 17077 LOS ROBLES WAY
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,177.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.69000
----------------------------------------------------------------
0 0031717994 MORTGAGORS: CROOME VALERIE
REGION CODE ADDRESS : 124 SOURH HELBERTA AVENUE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 242,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,674.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.48400
----------------------------------------------------------------
0 0031718000 MORTGAGORS: MC DUELL PAUL
MC DUELL CYNTHIA
REGION CODE ADDRESS : 21661 TURTLE DOVE STREET
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.44400
----------------------------------------------------------------
0 0031718018 MORTGAGORS: GATLIN PAUL
GATLIN LAURA
REGION CODE ADDRESS : 26725 BROOKEN AVENUE
01 CITY : CANYON COUTRY (AREA)
STATE/ZIP : CA 91351
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718026 MORTGAGORS: BENSON HOWARD
BENSON MONICA
REGION CODE ADDRESS : 3435 STONERIDGE COURT
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.44400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,627,500.00
P & I AMT: 11,117.40
UPB AMT: 1,627,265.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 463
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718034 MORTGAGORS: KLEIN ERIC
REGION CODE ADDRESS : 4531 PESCADERO AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718059 MORTGAGORS: MORRIS DANNY
MORRIS KRISTY
REGION CODE ADDRESS : 26905 ABBEY GLEN DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92687
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,739.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.92500
----------------------------------------------------------------
0 0031718067 MORTGAGORS: BASETVAT KAMBIZ
TALEBI HOURI
REGION CODE ADDRESS : 27647 SADDLE ROAD
01 CITY : ROLLING HILLS ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,757.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,203.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.87200
----------------------------------------------------------------
0 0031718075 MORTGAGORS: SHUMAKER ROBERT
SHUMAKER ELIZABETH
REGION CODE ADDRESS : 25866 VICAR WAY
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,808.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,610.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.85000
----------------------------------------------------------------
0 0031718083 MORTGAGORS: SCHROFF EDMUND
SCHROFF LINDA
REGION CODE ADDRESS : 3480 MOLINARI ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,520.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,351.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 51.01200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,790,000.00
P & I AMT: 12,322.58
UPB AMT: 1,788,826.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 464
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718091 MORTGAGORS: PUGSLEY KENNETH
HENSON-PUGSLEY SINDIE
REGION CODE ADDRESS : 1342 DISCOVERY BAY BLVD
01 CITY : DISCOVERY BAY
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 278,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,687.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.68500
----------------------------------------------------------------
0 0031718109 MORTGAGORS: LEFNER DELVIN
LEFNER SUSAN
REGION CODE ADDRESS : 43 HIGH BLUFF
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,760.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------
0 0031718133 MORTGAGORS: HANKS DOUGLAS
HANKS CLAIRE
REGION CODE ADDRESS : 849 GUANAJUATO DRIVE
01 CITY : CLAREMONT
STATE/ZIP : CA 91711
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,806.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718240 MORTGAGORS: DECASTRO JOHN
CASH CAROLYN
REGION CODE ADDRESS : 1366 THE BY WAY
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 331,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,414.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.77200
----------------------------------------------------------------
0 0031718257 MORTGAGORS: HESS PREETI
HESS J
REGION CODE ADDRESS : 5395 COTTAGE FARM ROAD
01 CITY : ALPHARETTA
STATE/ZIP : GA 30202
MORTGAGE AMOUNT : 240,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,602.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,414,400.00
P & I AMT: 9,547.18
UPB AMT: 1,413,271.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 465
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718273 MORTGAGORS: HANKINS JEFFERY
HANKINS ARLENE
REGION CODE ADDRESS : 717 GREENWOOD LANE
01 CITY : PEACHTREE CITY
STATE/ZIP : GA 30269
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,386.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718315 MORTGAGORS: SIMONSON STEWART
SIMONSON SUZANNE
REGION CODE ADDRESS : 12620 SILVER FOX COURT
01 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 255,455.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,255.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,742.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031718323 MORTGAGORS: COLLINI MARK
REGION CODE ADDRESS : 5410 THORNAPPLE LANE
01 CITY : ACWORTH
STATE/ZIP : GA 30101
MORTGAGE AMOUNT : 250,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,199.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718349 MORTGAGORS: HILES RUSSELL
HILES CYNTHIA
REGION CODE ADDRESS : 479 SOUTH BEVERWIL DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90212
MORTGAGE AMOUNT : 649,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,393.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,433.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.31600
----------------------------------------------------------------
0 0031718356 MORTGAGORS: KOBAYASHI DON
KOBAYASHI RUTH
REGION CODE ADDRESS : 1416 NEWPORTER WAY
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 407,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,658.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,673.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.60300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,836,355.00
P & I AMT: 12,403.28
UPB AMT: 1,834,893.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 466
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718372 MORTGAGORS: STERLING KEN
STERLING JANE
REGION CODE ADDRESS : 1740 CLEAR VIEW RD
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93101
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,785.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.57142
----------------------------------------------------------------
0 0031718380 MORTGAGORS: QUILICI RANDY
QUILICI ROXANNE
REGION CODE ADDRESS : 350 PLATEAU AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,719.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.82200
----------------------------------------------------------------
0 0031718398 MORTGAGORS: BELLEW JAMES
WEBB JULIE
REGION CODE ADDRESS : 16465 OAK GLEN AVENUE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 392,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,178.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,611.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.49300
----------------------------------------------------------------
0 0031718414 MORTGAGORS: SCHMIDT DONALD
SCHMIDT SANDRA
REGION CODE ADDRESS : 3868 RIVIERA DRIVE 4A
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.54500
----------------------------------------------------------------
0 0031718422 MORTGAGORS: GALVAN EUGENE
GALVAN SONIA
REGION CODE ADDRESS : 28292 SAN MARCOS
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,269.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.76900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,623,000.00
P & I AMT: 10,954.90
UPB AMT: 1,621,706.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 467
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718430 MORTGAGORS: GUERRERO MARCO
GUERRERO DORA
REGION CODE ADDRESS : 15650 CONDESA DRIVE
01 CITY : WHITTIER
STATE/ZIP : CA 90603
MORTGAGE AMOUNT : 299,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,454.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,993.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031718455 MORTGAGORS: BROOKS JUANITA
REGION CODE ADDRESS : 5543 CHELSEA AVENUE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 462,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 461,657.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,230.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.00000
----------------------------------------------------------------
0 0031718471 MORTGAGORS: LEONE THOMAS
REGION CODE ADDRESS : 12572 CLOUDESLY DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,731.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.94100
----------------------------------------------------------------
0 0031718489 MORTGAGORS: KUONG FERNANDO
KUONG SARAH
REGION CODE ADDRESS : 28561 MURRELET DR
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 298,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,429.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 64.23600
----------------------------------------------------------------
0 0031718505 MORTGAGORS: GRANT JOHN
GRANT KAREN
REGION CODE ADDRESS : 2769 ANGEL CIRCLE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,289.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.90600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,643,900.00
P & I AMT: 10,994.34
UPB AMT: 1,642,563.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 468
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718539 MORTGAGORS: COLLINSWORTH KEN
REGION CODE ADDRESS : 4 ASHBURY TERRACE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 28.57100
----------------------------------------------------------------
0 0031718547 MORTGAGORS: TADEMY LALITA
REGION CODE ADDRESS : 719 VINE STREET
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 347,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,029.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,369.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 45.39800
----------------------------------------------------------------
0 0031718562 MORTGAGORS: VUJOVICH GARY
VUJOVICH JENNIFER
REGION CODE ADDRESS : 925 ESCONDIDO COURT
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,624.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,166.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.36300
----------------------------------------------------------------
0 0031718588 MORTGAGORS: DALY KEVIN
DALY REBECCA
REGION CODE ADDRESS : 4354 MANCHESTER AVENUE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,762.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.44800
----------------------------------------------------------------
0 0031718604 MORTGAGORS: MOSS DAVID
REGION CODE ADDRESS : 8541 HUNTS POINT LANE
01 CITY : BELLEVUE
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,747.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 42.86000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,722,300.00
P & I AMT: 11,608.27
UPB AMT: 1,720,923.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 469
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718612 MORTGAGORS: BROWN DONALD
BROWN CAROLE
REGION CODE ADDRESS : 1231 THOMAS DRIVE
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 387,120.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,818.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,640.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718646 MORTGAGORS: LAW JAMES
LAW FRANCES
REGION CODE ADDRESS : 6702 SAN ANSELMO WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,793.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.29500
----------------------------------------------------------------
0 0031718661 MORTGAGORS: YAMAGUCHI STEPHEN
KUBODERA YUMI
REGION CODE ADDRESS : 5007 MARION AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,763.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,067.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.94700
----------------------------------------------------------------
0 0031718679 MORTGAGORS: DAVIS LEON
DAVIS CYNTHIA
REGION CODE ADDRESS : 21450 ARROWHEAD LANE
01 CITY : SARATOGA
STATE/ZIP : CA 95770
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,638.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.87830
----------------------------------------------------------------
0 0031718737 MORTGAGORS: HU ANDREW
HAN CHUN
REGION CODE ADDRESS : 32737 BELAMI LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 294,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,208.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97751
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,660,570.00
P & I AMT: 11,107.69
UPB AMT: 1,659,222.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 470
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718745 MORTGAGORS: YAM IRENE
VALDEZ CLYDE
REGION CODE ADDRESS : 1 COHEN COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 244,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,204.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,646.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------
0 0031718752 MORTGAGORS: POAGE ROBERT
REGION CODE ADDRESS : 3865 CLOVER VALLEY RD
01 CITY : ROCKLIN
STATE/ZIP : CA 95677
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,600.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.36500
----------------------------------------------------------------
0 0031718760 MORTGAGORS: O'DONLEY LOREN
O'DONLEY TERESA
REGION CODE ADDRESS : 503 SIDESADDLE CIRCLE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 301,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,564.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,058.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.38900
----------------------------------------------------------------
0 0031718802 MORTGAGORS: PRINCETON H
PRINCETON SANDRA
REGION CODE ADDRESS : 1791 MUSCAT PLACE
01 CITY : HANFORD
STATE/ZIP : CA 93230
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,661.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,438.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031718844 MORTGAGORS: CHIERUZZI DAVID
CHIERUZZI MARIA
REGION CODE ADDRESS : 3138 EMERALD AVENUE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 255,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,940.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,781,350.00
P & I AMT: 12,210.28
UPB AMT: 1,779,971.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 471
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031718877 MORTGAGORS: KOCONIS PETER
KOCONIS BRIDGET
REGION CODE ADDRESS : 1423 WEST GLENLAKE
01 CITY : CHICAGO
STATE/ZIP : IL 60660
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.93000
----------------------------------------------------------------
0 0031718893 MORTGAGORS: PETERSEN JAMES
PETERSEN PAMELA
REGION CODE ADDRESS : 2586 FIR PARK WAY
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,542.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.33300
----------------------------------------------------------------
0 0031718901 MORTGAGORS: ENGLER LAWRENCE
ENGLER FIONA
REGION CODE ADDRESS : 8129 REGIS WAY
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.93000
----------------------------------------------------------------
0 0031718919 MORTGAGORS: LAWRENCE DAVID
REGION CODE ADDRESS : 311 WHITES LANDING
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 403,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,200.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,821.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031718950 MORTGAGORS: RUGG DOUGLAS
REGION CODE ADDRESS : 4539 ORRINGTON ROAD
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,652.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,035.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 35.60000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,689,500.00
P & I AMT: 11,612.79
UPB AMT: 1,688,396.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 472
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719024 MORTGAGORS: WALLACE BRIAN
WALLACE LASHUN
REGION CODE ADDRESS : 29673 HOLIDAY STREET
01 CITY : HAYWARD
STATE/ZIP : CA 94544
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,164.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031719040 MORTGAGORS: PONTIOUS NED
PONTIOUS RENEE
REGION CODE ADDRESS : 21115 SE 213TH ST
01 CITY : MAPLE VALLEY
STATE/ZIP : WA 98038
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,791.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.95500
----------------------------------------------------------------
0 0031719099 MORTGAGORS: BUTTS HOWARD
BUTTS GAYLE
REGION CODE ADDRESS : 700 DORAL COURT
01 CITY : MIDLAND
STATE/ZIP : TX 79705
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,452.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.91600
----------------------------------------------------------------
0 0031719107 MORTGAGORS: RUTLEDGE RICHARD
RUTLEDGE TEHNAZ
REGION CODE ADDRESS : 3045 MADEIRA AVENUE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,783.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.57600
----------------------------------------------------------------
0 0031719123 MORTGAGORS: MENDIZABAL CARLOS
MENDIZABAL MAUDIE
REGION CODE ADDRESS : 23581 LAS COLINAS COURT
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,820.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,670,400.00
P & I AMT: 11,369.81
UPB AMT: 1,668,192.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 473
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719131 MORTGAGORS: SILVESTRI PARDO
SILVESTRI DENISE
REGION CODE ADDRESS : 2425 BERKSHIRE WAY
01 CITY : PLACENTIA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 227,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,569.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.31800
----------------------------------------------------------------
0 0031719156 MORTGAGORS: BAER STEVEN
REGION CODE ADDRESS : 930 17TH STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 419,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,681.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,893.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.88000
----------------------------------------------------------------
0 0031719198 MORTGAGORS: SANTANGELO RICHARD
SANTANGELO MARTI
REGION CODE ADDRESS : 2075 LOS ENCINOS ROAD
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 351,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031719206 MORTGAGORS: TOMLINSON DONNA
TOMLINSON JERRY
REGION CODE ADDRESS : 78 MONSERRAT AVENUE
01 CITY : FOOTHILL RANCH
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,806.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.94100
----------------------------------------------------------------
0 0031719214 MORTGAGORS: NEWBROUGH JOHN
NEWBROUGH DEBRA
REGION CODE ADDRESS : 707 CALLE DULCE
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,766.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.82900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,800.00
P & I AMT: 10,756.01
UPB AMT: 1,560,053.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 474
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719222 MORTGAGORS: YEE BARTLEY
YEE JANE
REGION CODE ADDRESS : 2041 SOUTH AUGUSTA COURT
01 CITY : LA HABRA
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,783.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.64100
----------------------------------------------------------------
0 0031719230 MORTGAGORS: KHOSHO FRANCIS
KHOSHO BERNADETTE
REGION CODE ADDRESS : 15159 SKYRIDGE ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 331,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,935.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031719248 MORTGAGORS: CASILLIAN RAMONCITO
CASILLIAN JODY
REGION CODE ADDRESS : 8521 WAVE CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031719263 MORTGAGORS: SCHANTZ KEVIN
SCHANTZ CYTNHIA
REGION CODE ADDRESS : 410 ALCALA LANE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93108
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,629.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,240.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.85700
----------------------------------------------------------------
0 0031719271 MORTGAGORS: NEILSON ROY
NEILSON KRISTY
REGION CODE ADDRESS : 11502 SUMAC LANE
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,712.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.11700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,744,200.00
P & I AMT: 11,945.33
UPB AMT: 1,743,060.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 475
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719289 MORTGAGORS: MARTINEZ MARK
MARTINEZ MICHELLE
REGION CODE ADDRESS : 834 SYCAMORE DRIVE
01 CITY : SAN GABRIEL
STATE/ZIP : CA 91775
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,728.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.18400
----------------------------------------------------------------
0 0031719297 MORTGAGORS: MAGLAQUE PETER
REGION CODE ADDRESS : 3835 VIA REPOSO
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92091
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,727.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,380.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.43100
----------------------------------------------------------------
0 0031719313 MORTGAGORS: NOZAKI STACEY
REGION CODE ADDRESS : 218 8TH STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,760.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031719339 MORTGAGORS: LAURENS JOSEPH
REGION CODE ADDRESS : 501 HERONDO STREET 59
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.41900
----------------------------------------------------------------
0 0031719347 MORTGAGORS: THOMASON MAGGIE
SLEPKO BRIAN
REGION CODE ADDRESS : 211 ST GERMAIN LANE
01 CITY : PLEASANT HILL
STATE/ZIP : CA 94523
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,813.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.07600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,494,000.00
P & I AMT: 10,252.61
UPB AMT: 1,493,030.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 476
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719354 MORTGAGORS: ROOKS MICHAEL
ROOKS NAOMI
REGION CODE ADDRESS : 137 LARCH ROAD
01 CITY : BRIARCLIFF MANOR
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,772.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 86.89000
----------------------------------------------------------------
0 0031719362 MORTGAGORS: OBOYLE KEVIN
OBOYLE CARRIE
REGION CODE ADDRESS : 18345 LAMSON RD.
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94546
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,022.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031719388 MORTGAGORS: FAY ROBERT
FAY LISA
REGION CODE ADDRESS : 12415 GRAINWOOD WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,751.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,169.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.95300
----------------------------------------------------------------
0 0031719412 MORTGAGORS: RASCH STEVEN
BOGAR SUSAN
REGION CODE ADDRESS : 918 HARTZELL STREET
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 391,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,787.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.10900
----------------------------------------------------------------
0 0031719438 MORTGAGORS: ERAZO ARNOLD
ERAZO SONIA
REGION CODE ADDRESS : 54 BALLANTREE
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 244,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,685.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,537,500.00
P & I AMT: 10,456.74
UPB AMT: 1,536,018.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 477
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719453 MORTGAGORS: FLOREK KENNETH
REGION CODE ADDRESS : 30802 CALLE MORAGA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,797.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.51100
----------------------------------------------------------------
0 0031719461 MORTGAGORS: KAEHLER THEODORE
KAEHLER LORI
REGION CODE ADDRESS : 1248 SUNDALE ROAD
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,603.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.33300
----------------------------------------------------------------
0 0031719487 MORTGAGORS: GACHINA JOHN
ISHIMARU-GACHINA H.
REGION CODE ADDRESS : 453 ROSITA AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 413,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,677.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.68900
----------------------------------------------------------------
0 0031719537 MORTGAGORS: STORM ANNE
REGION CODE ADDRESS : 1981 PORT EDWARD CIRCLE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 257,556.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,355.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 38.15600
----------------------------------------------------------------
0 0031719552 MORTGAGORS: KOLLMANN JEFFREY
KOLLMANN JODY
REGION CODE ADDRESS : 536 BARCELONA DRIVE
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,368.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,445,156.00
P & I AMT: 9,772.23
UPB AMT: 1,444,198.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 478
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031719578 MORTGAGORS: RAY BRUCE
RAY COLLEEN
REGION CODE ADDRESS : 29791 RUNNING DEER LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,755.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031719628 MORTGAGORS: SCHLESINGER MICHAEL
SCHLESINGER KATHRYN
REGION CODE ADDRESS : 313 VISTA BAYA
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,809.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.37600
----------------------------------------------------------------
0 0031719669 MORTGAGORS: NOORIAN HAMID
REGION CODE ADDRESS : 25012 EATON LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031719693 MORTGAGORS: ENGELKING GARY
ENGELKING LINDA
REGION CODE ADDRESS : 21158 BANK MILL ROAD
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 544,542.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,580.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 51.90400
----------------------------------------------------------------
0 0031720584 MORTGAGORS: LEMKE WILLIAM
LEW NINA
REGION CODE ADDRESS : 19401 DONORA AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 263,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,939.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,772.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,638,150.00
P & I AMT: 10,989.36
UPB AMT: 1,636,828.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 479
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031720808 MORTGAGORS: CURTIN KEVIN
CURTIN JANET
REGION CODE ADDRESS : 45 HILTON AVENUE
01 CITY : GARDEN CITY
STATE/ZIP : NY 11530
MORTGAGE AMOUNT : 402,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,745.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
0 0031720832 MORTGAGORS: RASNER TIMOTHY
RASNER KRISTEN
REGION CODE ADDRESS : 27 SAW MILL ROAD
01 CITY : TOWNSHIP OF WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031720865 MORTGAGORS: BREITSTEIN MORRIS
REGION CODE ADDRESS : 14 FRIENDLY LANE
01 CITY : JERICHO
STATE/ZIP : NY 11753
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,770.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.66600
----------------------------------------------------------------
0 0031720899 MORTGAGORS: BORAH MICHAEL
BORAH NANCY
REGION CODE ADDRESS : 2556 22ND AVENUE
01 CITY : SAN FRANCISO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,802.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031720964 MORTGAGORS: SPISAK GREGORY
SPISAK DIANE
REGION CODE ADDRESS : 201 AUBURN STREET
01 CITY : EAST WILLISTON
STATE/ZIP : NY 11596
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,262.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,234.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,546,000.00
P & I AMT: 10,694.49
UPB AMT: 1,545,139.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 480
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031721020 MORTGAGORS: VANDERLIP ROBERT
YANTIS MARCHELE
REGION CODE ADDRESS : 9417 CHERRY HILLS LANE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,783.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031721061 MORTGAGORS: RAJAGOPAL SRINIVASAN
RAJAGOPAL SUDHA
REGION CODE ADDRESS : 20363 CLARIDGE COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 497,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,432.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.47000
----------------------------------------------------------------
0 0031721194 MORTGAGORS: LEVAGGI MARC
KELLEY MARY
REGION CODE ADDRESS : 125 FOXWOOD ROAD
01 CITY : PORTOLA VALLEY
STATE/ZIP : CA 94028
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.91800
----------------------------------------------------------------
0 0031721244 MORTGAGORS: STILLER MARK
STILLER NICOLE
REGION CODE ADDRESS : 23 ROUNDUP ROAD
01 CITY : BELL CANYON
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031721392 MORTGAGORS: KWOK ANTHONY
KWOK YOUNG
REGION CODE ADDRESS : 14578 TERRACE HILL LANE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 251,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.84100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,848,500.00
P & I AMT: 12,619.29
UPB AMT: 1,848,283.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 481
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031721509 MORTGAGORS: MICHELSEN FREDERICK
MICHELSEN GAIL
REGION CODE ADDRESS : 14122 BRENAN WAY
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 302,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.24400
----------------------------------------------------------------
0 0031721525 MORTGAGORS: ROBBINS ERIC
ROBBINS KRISTINE
REGION CODE ADDRESS : 24976 OXFORD DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031721632 MORTGAGORS: BURSON STEVEN
BURSON LORRIE
REGION CODE ADDRESS : 150 OAK CREEK BOULEVARD
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031721913 MORTGAGORS: CAMPBELL WALTER
SIME JANE
REGION CODE ADDRESS : 19 BROOKE DRIVE
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,188.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.30400
----------------------------------------------------------------
0 0031721939 MORTGAGORS: ROGER JOSEPH
ROGER ANNALISA
REGION CODE ADDRESS : 3 PALM COURT
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
MORTGAGE AMOUNT : 315,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.80000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,722,100.00
P & I AMT: 12,039.25
UPB AMT: 1,722,100.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 482
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031721962 MORTGAGORS: CHAN TAK SHUN
CHAN JENNETT
REGION CODE ADDRESS : 1041 BELDER DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------
0 0031721970 MORTGAGORS: ANDERSON DAVID
ANDERSON SWAN
REGION CODE ADDRESS : 26640 LIGHTFOOT PLACE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031722176 MORTGAGORS: MCCAFFERTY TERENCE
MCCAFFERTY SUSANNE
REGION CODE ADDRESS : 1204 PEPPERWOOD SPRINGS WAY
01 CITY : BEL AIR
STATE/ZIP : MD 21014
MORTGAGE AMOUNT : 259,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,492.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97100
----------------------------------------------------------------
0 0031723166 MORTGAGORS: CHANSKY HOWARD
REGION CODE ADDRESS : 3500 EAST HURON STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98122
MORTGAGE AMOUNT : 437,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 436,388.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,099.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031723265 MORTGAGORS: EHRIG FRANK
MARTINEZ LAURA
REGION CODE ADDRESS : 1138 17TH AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98112
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 472,187.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,362.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.37000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,927,550.00
P & I AMT: 13,393.04
UPB AMT: 1,923,068.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 483
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031723273 MORTGAGORS: NUNAN LARRY
NUNAN SUSAN
REGION CODE ADDRESS : 161 EXETER AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 46.61600
----------------------------------------------------------------
0 0031723281 MORTGAGORS: MURRAY VERNE
MURRAY MELODY
REGION CODE ADDRESS : 2382 CABALLO RANCHERO DRIVE
01 CITY : DIABLO
STATE/ZIP : CA 94538
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,896.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 45.98900
----------------------------------------------------------------
0 0031723299 MORTGAGORS: BLAUSTEIN MELVIN
BLAUSTEIN MARILYN
REGION CODE ADDRESS : 70 CASCADE DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 481,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 481,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,285.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723380 MORTGAGORS: KEYWORTH CLAUDIA
REGION CODE ADDRESS : 6812 SOUTH MILLER STREET
01 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 270,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,593.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,870.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723398 MORTGAGORS: LANDIES GORDON
LANDIES BARBARA
REGION CODE ADDRESS : 35 KRISTIN MARIE COURT
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,663.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 36.86600
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,892,400.00
P & I AMT: 12,742.86
UPB AMT: 1,891,857.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 484
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031723414 MORTGAGORS: MORET HAROLD
MORET RENELL
REGION CODE ADDRESS : 3516 CRESTWOLD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031723455 MORTGAGORS: SAPITOWICZ THOMAS
SAPITOWICZ POLLY
REGION CODE ADDRESS : 280 SUNDIAL DRIVE
01 CITY : PAWLEYS ISLAND
STATE/ZIP : SC 29585
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,077.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031723471 MORTGAGORS: CAPRIO ALFRED
CAPRIO SHERI
REGION CODE ADDRESS : 27354 BLUERIDGE DRIVE
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,798.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,124.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.12800
----------------------------------------------------------------
0 0031723513 MORTGAGORS: BARRON PATRICIA
BARRON CHARLES
REGION CODE ADDRESS : 7395 CANTER RUN
01 CITY : CUMMING
STATE/ZIP : GA 30130
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,343.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723521 MORTGAGORS: BOLAND MARTIN
BOLAND KATHLEEN
REGION CODE ADDRESS : 9851 SOUTH VERDE LOMAS CIRCE
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,031.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.54400
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,553,500.00
P & I AMT: 10,688.98
UPB AMT: 1,552,219.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 485
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031723539 MORTGAGORS: PENROD JEFF
PENROD DEBRA
REGION CODE ADDRESS : 785 BARRACUDA WAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723570 MORTGAGORS: HADDIX SHEREE
REGION CODE ADDRESS : 623 23RD STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,447.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.58546
----------------------------------------------------------------
0 0031723687 MORTGAGORS: HUANG JACKSON
HUANG SUE
REGION CODE ADDRESS : 777 OAKGLADE DRIVE
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723711 MORTGAGORS: HECHT CALVIN
REGION CODE ADDRESS : 601 VIA PROMONTORIO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,960.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.78900
----------------------------------------------------------------
0 0031723729 MORTGAGORS: RAMOS ARMANDO
HOOD-RAMOS FAYE
REGION CODE ADDRESS : 2643 W 232ND STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.05500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,776,000.00
P & I AMT: 12,122.85
UPB AMT: 1,775,447.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 486
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031723745 MORTGAGORS: HAYWOOD KENT
HAYWOOD TERRI
REGION CODE ADDRESS : 6525 SOUTH SHERBOURNE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90056
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------
0 0031723760 MORTGAGORS: PICARD TOM
PICARD KAREN
REGION CODE ADDRESS : 20 FAIRDAWN
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,474.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723786 MORTGAGORS: TIGHE LAURENCE
TIGHE CYNTHIA
REGION CODE ADDRESS : 10016 14TH AVENUE NORTHWEST
01 CITY : SEATTLE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,917.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031723901 MORTGAGORS: FLEMING-WOOD SIMON
FLEMING-WOOD SHANNON
REGION CODE ADDRESS : 754 MANDANA BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724156 MORTGAGORS: ASHMAN JASON
ASHMAN TRICIA
REGION CODE ADDRESS : 171 H AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 409,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,759.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,641,000.00
P & I AMT: 11,128.97
UPB AMT: 1,640,517.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 487
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031724206 MORTGAGORS: THOMPSON TODD
MARGOLIES-THOMPSON SHELBY
REGION CODE ADDRESS : 8172 MOLLER RANCH DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 326,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,013.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,309.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031724230 MORTGAGORS: NEALY CARSON
NEALY SARA
REGION CODE ADDRESS : 11125 INDIAN WOODS DRIVE #14C
01 CITY : INDIAN HEAD PARK
STATE/ZIP : IL 60525
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,610.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724248 MORTGAGORS: MATHIESEN THOMAS
STARR GREGORY
REGION CODE ADDRESS : 3761 VICTOR AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94619
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724255 MORTGAGORS: GOLDFARB LEWIS
GOLDFARB RUTH
REGION CODE ADDRESS : 1783 ALEXANDER DR
01 CITY : BLOOMFIELD HILLS
STATE/ZIP : MI 48302
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,269.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.20000
----------------------------------------------------------------
0 0031724271 MORTGAGORS: SETTEDUCATI ROBERT
REGION CODE ADDRESS : 547 PRINCETON AVENUE
01 CITY : BRICK
STATE/ZIP : NJ 08774
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,329.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.23000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,613,450.00
P & I AMT: 11,204.62
UPB AMT: 1,611,223.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 488
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031724305 MORTGAGORS: SONNABEND JACQUELINE
REGION CODE ADDRESS : 30 KODAYA ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02168
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,553.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 44.44400
----------------------------------------------------------------
0 0031724404 MORTGAGORS: ZUCKER ROBERT
REGION CODE ADDRESS : 15575 DEERCROSS COURT
01 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80921
MORTGAGE AMOUNT : 251,632.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,257.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724438 MORTGAGORS: KAPLAN HARVEY
ZUCKER AUDREY
REGION CODE ADDRESS : 37 KNOWLES STREET
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 322,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,562.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,254.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724446 MORTGAGORS: PRYOR DONALD
MERCER-PRYOR DIANA
REGION CODE ADDRESS : 4261 WOODLANDS LANE
01 CITY : ORCHARD LAKE
STATE/ZIP : MI 48323
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,858.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,734.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/18
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 71.12000
----------------------------------------------------------------
0 0031724453 MORTGAGORS: SCHECHTER MARC
SCHECHTER SUSAN
REGION CODE ADDRESS : 1760 N PINE
01 CITY : BIRMINGHAM
STATE/ZIP : MI 48009
MORTGAGE AMOUNT : 382,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,658.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,738.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,232.00
P & I AMT: 11,584.14
UPB AMT: 1,577,889.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 489
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031724495 MORTGAGORS: HOSKINS RICHARD
KARST-HOSKINS KAREN
REGION CODE ADDRESS : 3195 CANTARA CIRCLE
01 CITY : SPARKS
STATE/ZIP : NV 89436
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,732.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------
0 0031724545 MORTGAGORS: MOORE SCOTT
MOORE DIANE
REGION CODE ADDRESS : 6743 NORTH LOLITA
01 CITY : CHICAGO
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,103.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.92000
----------------------------------------------------------------
0 0031724552 MORTGAGORS: COOK WILLIAM
REGION CODE ADDRESS : 10984 SILVER LAKE ROAD
01 CITY : SOUTH LYON
STATE/ZIP : MI 48178
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,425.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,016.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724578 MORTGAGORS: LEHMAN DENNIS
KUCHTA KATHLEEN
REGION CODE ADDRESS : 5918 TOMLINSON DRIVE
01 CITY : MCHENRY
STATE/ZIP : IL 60050
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,600.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031724586 MORTGAGORS: MACK ROBERT
MACK JUDITH
REGION CODE ADDRESS : 16 WYNCREST CIRCLE
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,440.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,629.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,705,000.00
P & I AMT: 12,029.18
UPB AMT: 1,702,303.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 490
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031725443 MORTGAGORS: BIERMAN MICHAEL
REGION CODE ADDRESS : 507 WOODSTOCK WAY
01 CITY : SANTA CLARA
STATE/ZIP : CA 95054
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031725468 MORTGAGORS: FURR JAMES
MULLIN PATRICIA
REGION CODE ADDRESS : 565 CRINGLE DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 362,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,237.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,565.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.74200
----------------------------------------------------------------
0 0031725542 MORTGAGORS: STEVENS GREGORY
STEVENS SHERRY
REGION CODE ADDRESS : 543 GRANITE HILLS STREET
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.56500
----------------------------------------------------------------
0 0031725559 MORTGAGORS: HOLM RON
HOLM JEANNE
REGION CODE ADDRESS : 199 N. CANON AVENUE
01 CITY : SIERRA MADRE
STATE/ZIP : CA 91024
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.20000
----------------------------------------------------------------
0 0031725575 MORTGAGORS: BOEHM CECILIA
REGION CODE ADDRESS : 12 TAMAL AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,680.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.30500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,470,000.00
P & I AMT: 10,075.92
UPB AMT: 1,469,503.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 491
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031725666 MORTGAGORS: MOORE F
MOORE CYDNA
REGION CODE ADDRESS : 812 CALLE DULCINEA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,899.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.79700
----------------------------------------------------------------
0 0031725682 MORTGAGORS: VENTURA DANIEL
VENTURA CATHY
REGION CODE ADDRESS : 4846 EAST STETSON LANE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 424,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,068.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,895.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------
0 0031725690 MORTGAGORS: KAYE RICHARD
KAYE DIANE
REGION CODE ADDRESS : 26608 SOUTHEAST 18TH STREET
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,519.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 68.49500
----------------------------------------------------------------
0 0031725708 MORTGAGORS: LA FRAMBOISE ROBERT
NOONAN JOYCE
REGION CODE ADDRESS : 3507 NORTHWEST 67TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 343,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,764.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031725716 MORTGAGORS: SCHULTE TED
WYNER-SCHULTE LYSA
REGION CODE ADDRESS : 8 ARBELLA
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,714.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,405.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,800,200.00
P & I AMT: 12,402.46
UPB AMT: 1,796,067.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 492
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031725930 MORTGAGORS: RATCLIFF JAMES
REGION CODE ADDRESS : 5469 EAST SUNCREST ROAD
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 404,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,184.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,759.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.31300
----------------------------------------------------------------
0 0031725955 MORTGAGORS: SHOW MICHAEL
SHOW LORI
REGION CODE ADDRESS : 3036 PADDINGTON ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,777.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.29000
----------------------------------------------------------------
0 0031726102 MORTGAGORS: HEATH CARL
REGION CODE ADDRESS : 2325 MINOR AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,708.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031726128 MORTGAGORS: DENTON STEPHANIA
DENTON KENNETH
REGION CODE ADDRESS : 26104 NORTHEAST 27TH DRIVE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 297,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,838.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031726144 MORTGAGORS: MAHDI HANIBAL
KUNAISH SOUSAN
REGION CODE ADDRESS : 119 QUAY STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.61500
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,541,600.00
P & I AMT: 10,550.91
UPB AMT: 1,538,008.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 493
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031726300 MORTGAGORS: THORNTON JOHN
REGION CODE ADDRESS : 10824 DUROY COURT
01 CITY : TUSTIN
STATE/ZIP : CA 92680
MORTGAGE AMOUNT : 264,510.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,510.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031726375 MORTGAGORS: ADAMS LONNIE
JACOBSON-ADAMS ARDELLE
REGION CODE ADDRESS : 48 PELICAN COURT
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031726391 MORTGAGORS: BUFFA PETER
BUFFA SHARYN
REGION CODE ADDRESS : 2824 NEVIS CIRCLE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.23500
----------------------------------------------------------------
0 0031727399 MORTGAGORS: LAWERENCE CLYDE
REGION CODE ADDRESS : 615 LOMA PRIETA DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.88200
----------------------------------------------------------------
0 0031727415 MORTGAGORS: JONES JERRY
JONES JANET
REGION CODE ADDRESS : 24060 ROYAL WORLINGTON DRIVE
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,636.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.52900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,321,510.00
P & I AMT: 9,117.50
UPB AMT: 1,321,146.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 494
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031727449 MORTGAGORS: BERGGREN KENNETH
BERGGREN KATHERINE
REGION CODE ADDRESS : 25206 NORTH CAYUGA TRAIL
01 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,452.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031727472 MORTGAGORS: GIBSON TERRANCE
GIBSON JO
REGION CODE ADDRESS : 2600 SW 178TH AVENUE
01 CITY : ALOHA
STATE/ZIP : OR 97006
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,821.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031727548 MORTGAGORS: SULLIVAN DANIEL
SULLIVAN DIANA
REGION CODE ADDRESS : 1571 SELBY ROAD
01 CITY : NAPERVILLE
STATE/ZIP : IL 60563
MORTGAGE AMOUNT : 253,365.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,365.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031727613 MORTGAGORS: GRADY VIRGINIA
GRADY MARY
REGION CODE ADDRESS : 2000 IVY STREET
01 CITY : DENVER
STATE/ZIP : CO 80207
MORTGAGE AMOUNT : 382,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,639.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.21200
----------------------------------------------------------------
0 0031727621 MORTGAGORS: RIZZO JAMES
MAGUIRE ANN
REGION CODE ADDRESS : 20530 DORSET LANE
01 CITY : BROOKFIELD
STATE/ZIP : WI 53045
MORTGAGE AMOUNT : 300,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,676.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,103.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,544,465.00
P & I AMT: 10,680.59
UPB AMT: 1,543,515.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 495
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031727662 MORTGAGORS: HARNISH STEVEN
HARNISH MARY
REGION CODE ADDRESS : 4115 BEVERLY RD
01 CITY : ROCKVILLE
STATE/ZIP : MD 20853
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------
0 0031727787 MORTGAGORS: REGENSTREIF MITCHELL
REGENSTREIF ELLEN
REGION CODE ADDRESS : 652 12TH STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,094.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.14200
----------------------------------------------------------------
0 0031727845 MORTGAGORS: NOVOM ANDREW
NOVOM PRISCILLA
REGION CODE ADDRESS : 26409 ASHFORK PLACE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031727902 MORTGAGORS: EDDY STEPHEN
EDDY TRACY
REGION CODE ADDRESS : 412 CHESTERFIELD
01 CITY : FRANKLIN
STATE/ZIP : TN 37064
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031727936 MORTGAGORS: NILSON DAVID
NILSEN KRISTEN
REGION CODE ADDRESS : 2721 EAST 1ST STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 493,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,197.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.88000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,967,000.00
P & I AMT: 13,378.28
UPB AMT: 1,966,726.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 496
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031727985 MORTGAGORS: HUFFMAN STEVE
HUFFMAN CHRISTINE
REGION CODE ADDRESS : 27656 ESLA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 337,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,360.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031728520 MORTGAGORS: BOYD JAMES
MORRIS MARYBETH
REGION CODE ADDRESS : 5538 MERRIMAC AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75206
MORTGAGE AMOUNT : 255,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------
0 0031728819 MORTGAGORS: COOLMAN DON
COOLMAN ERIN
REGION CODE ADDRESS : 215 SAN JUAN AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.83300
----------------------------------------------------------------
0 0031729163 MORTGAGORS: FAWLEY REECE
GUILFOYLE KAREN
REGION CODE ADDRESS : 121 CLARITA PLACE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 469,875.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,875.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,205.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0031729189 MORTGAGORS: KERN BRADLEY
KERN ERICCA
REGION CODE ADDRESS : 2627 MARSH DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,720.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,563,775.00
P & I AMT: 10,723.98
UPB AMT: 1,563,775.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 497
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031729197 MORTGAGORS: DYKES BARBARA
DYKES MARGARET
REGION CODE ADDRESS : 6021 35TH PLACE NORTHWEST
01 CITY : SEATTLE
STATE/ZIP : WA 98107
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031729247 MORTGAGORS: MOTTA JAMES
MOTTA MARTHA
REGION CODE ADDRESS : 27402 SOUTHEAST 22ND WAY,
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 351,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,487.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.25274
----------------------------------------------------------------
0 0031729288 MORTGAGORS: MAGILL ANDREW
MAGILL KARI
REGION CODE ADDRESS : 23006 SOUTHEAST 40TH PLACE
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.41100
----------------------------------------------------------------
0 0031729361 MORTGAGORS: EMERY RICHARD
EMERY KATHY
REGION CODE ADDRESS : 8710 EAST WOODLAND PARK DRIVE
01 CITY : SPOKANE
STATE/ZIP : WA 99217
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031729460 MORTGAGORS: GORMAN TIMOTHY
GORMAN LINDA
REGION CODE ADDRESS : 17550 156TH PLACE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.62700
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,609,500.00
P & I AMT: 10,986.97
UPB AMT: 1,609,500.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 498
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031729569 MORTGAGORS: FRANK GARY
BOSSERT REBECCA
REGION CODE ADDRESS : 2049 BYWOOD DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94602
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,782.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.36300
----------------------------------------------------------------
0 0031729585 MORTGAGORS: BREAUX GARY
BREAUX NANCY
REGION CODE ADDRESS : 9148 SKYLINE BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.86200
----------------------------------------------------------------
0 0031729619 MORTGAGORS: COLE RUSSELL
COLE CAROLYN
REGION CODE ADDRESS : 1008 CARTER DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,559.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.20000
----------------------------------------------------------------
0 0031729684 MORTGAGORS: GRINDSTAFF DOUGLAS
CHACON JENNIFER
REGION CODE ADDRESS : 32662 COPPERCREST DRIVE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.76900
----------------------------------------------------------------
0 0031729726 MORTGAGORS: CHANG ANTHONY
CHANG SAENGKHAM
REGION CODE ADDRESS : 2632 ELMDALE PLACE
01 CITY : PALO ALTO
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.03800
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,651,000.00
P & I AMT: 11,491.68
UPB AMT: 1,651,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 499
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031729734 MORTGAGORS: GONZALEZ NESTOR
GONZAZLEZ ESTHER
REGION CODE ADDRESS : 918 LANEWOOD COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.89300
----------------------------------------------------------------
0 0031729742 MORTGAGORS: HAMMANN JEFFEREY
REGION CODE ADDRESS : 1724 REED STREET
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 293,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.32400
----------------------------------------------------------------
0 0031729791 MORTGAGORS: HUANG OSCAR
REGION CODE ADDRESS : 1600 OLD MILL ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,935.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 48.57100
----------------------------------------------------------------
0 0031729817 MORTGAGORS: MICHAELS PETER
MICHAELS CATHERINE
REGION CODE ADDRESS : 343 MAGNOLIA AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.18100
----------------------------------------------------------------
0 0031729841 MORTGAGORS: ROWE JOHN
ROWE KATHRYN
REGION CODE ADDRESS : 28629 NORTH ENROSE AVENUE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.71000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,689,500.00
P & I AMT: 11,682.46
UPB AMT: 1,689,500.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 500
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031729858 MORTGAGORS: STICHT THOMAS
STICHT JANICE
REGION CODE ADDRESS : 2062 VALLEY VIEW BOULEVARD
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.34100
----------------------------------------------------------------
0 0031729874 MORTGAGORS: KIPP WILLIAM
KIPP SANDRA
REGION CODE ADDRESS : 16410 PENSWIFT COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 233,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,672.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,615.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------
0 0031729890 MORTGAGORS: SHEPHERD JAY
SHEPHERD SHERYL
REGION CODE ADDRESS : 7620 EAST CEDAR CREEK WAY
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031729916 MORTGAGORS: JANSSON MATS
JANSSON TERESA
REGION CODE ADDRESS : 3715 COUNTRY CLUB DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031730054 MORTGAGORS: WALLACE JANETTE
CHURCH FREDERICK
REGION CODE ADDRESS : 555 SIERRA STREET
01 CITY : MOSS BEACH
STATE/ZIP : CA 94038
MORTGAGE AMOUNT : 273,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,992.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,489,050.00
P & I AMT: 10,179.15
UPB AMT: 1,488,664.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 501
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031730088 MORTGAGORS: ALLEN DAVID
ALLEN MAUDELLA
REGION CODE ADDRESS : 23712 N 80TH WAY
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 329,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,494.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------
0 0031730104 MORTGAGORS: CHRISTIE NORMAN
CHRISTIE HALINA
REGION CODE ADDRESS : 10795 NW LA CASSEL CREST LANE
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,331.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,165.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.48000
----------------------------------------------------------------
0 0031730138 MORTGAGORS: CHALMERS RIVES
CHALMERS ANN
REGION CODE ADDRESS : 15671 PEACH HILL RD
01 CITY : SARATOGA
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 640,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 639,047.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,474.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 24.15000
----------------------------------------------------------------
0 0031730179 MORTGAGORS: BRACHMAN DAVID
BRACHMAN SUSAN
REGION CODE ADDRESS : 2221 E CINNEBAR AVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,699.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.44800
----------------------------------------------------------------
0 0031730278 MORTGAGORS: WANG WEI-CHUNG
CHEN KUEI-LING
REGION CODE ADDRESS : 10110 LAKESTONE PLACE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 419,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,414.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,827.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99352
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,100,700.00
P & I AMT: 14,635.96
UPB AMT: 2,096,986.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 502
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031730575 MORTGAGORS: FARD SARKIS
FARD VARA DAVID
REGION CODE ADDRESS : 9531 BOTHWELL RD.
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91324
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,704.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,887.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031730799 MORTGAGORS: RESNECK-SANNES LARRY
RESNECK-SANNES HELEN
REGION CODE ADDRESS : 209 WEEKS AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.68800
----------------------------------------------------------------
0 0031731615 MORTGAGORS: STEWART PATRICK
STEWART VIRGINIA
REGION CODE ADDRESS : 7905 SARGENT AVENUE
01 CITY : WHITTIER
STATE/ZIP : CA 90602
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.37600
----------------------------------------------------------------
0 0031731623 MORTGAGORS: HARLOW JOHN
REGION CODE ADDRESS : 1325 WOODLAND LAKE DR
01 CITY : SNELLVILLE
STATE/ZIP : GA 30078
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,984.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/18
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.74600
----------------------------------------------------------------
0 0031731631 MORTGAGORS: MCGUIRE MARK
TAYLOR PATRICIA
REGION CODE ADDRESS : 2014 TERRACE DRIVE
01 CITY : SIGNAL HILLS
STATE/ZIP : CA 90806
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 86.40000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,535,500.00
P & I AMT: 10,911.76
UPB AMT: 1,534,189.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 503
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031731649 MORTGAGORS: MCMAINS ROBERT
MCMAINS ALTA
REGION CODE ADDRESS : 8501 IDYLWOOD VALLEY PLACE
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 497,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,202.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,352.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031731672 MORTGAGORS: JAMERSON RUSSELL
JAMERSON BRENDA
REGION CODE ADDRESS : 6540 MANET COURT
01 CITY : WOODBRIDGE
STATE/ZIP : VA 22193
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,774.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031731763 MORTGAGORS: BONI WILLIAM
REGION CODE ADDRESS : 11 WEST BOULDER CREEK ROAD
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.66200
----------------------------------------------------------------
0 0031731813 MORTGAGORS: GUINEY PATRICK
GUINEY SUSAN
REGION CODE ADDRESS : 20704 DE FOREST STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91634
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.80000
----------------------------------------------------------------
0 0031731821 MORTGAGORS: WEICKHARDT GEORGE
WEICKHARDT JOAN
REGION CODE ADDRESS : 122 MONTE AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 649,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,433.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.32100
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,149,550.00
P & I AMT: 14,808.57
UPB AMT: 2,148,926.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 504
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031731847 MORTGAGORS: BINGHAM STEPHEN
BINGHAM SANAE
REGION CODE ADDRESS : 6260 EAST VISTA STREET,
01 CITY : LONG BEACH,
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031731854 MORTGAGORS: WITT JAMES
CISTON-WITT MELANIE
REGION CODE ADDRESS : 1504 FRANKFORT STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92110
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------
0 0031731862 MORTGAGORS: SOLOWAY MARK
SOLOWAY LYNN
REGION CODE ADDRESS : 19 PATRICIA ROAD
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,735.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.20000
----------------------------------------------------------------
0 0031731870 MORTGAGORS: WARREN KENYA
JONES VAUGHN
REGION CODE ADDRESS : 20100 LOUNSBERRY ROAD
01 CITY : PERRIS
STATE/ZIP : CA 92570
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031731904 MORTGAGORS: HALES TED
HALES GEORGIANNA
REGION CODE ADDRESS : 30542 MARBELLA VISTA
01 CITY : SAN JAUN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 449,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,025.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 40.08900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,614,750.00
P & I AMT: 10,946.29
UPB AMT: 1,614,750.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 505
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031731912 MORTGAGORS: BRISBY MARK
BRISBY JOYCE
REGION CODE ADDRESS : 415 CALLE ALAMO,
01 CITY : SANTA BARBARA,
STATE/ZIP : CA 93105
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.50400
----------------------------------------------------------------
0 0031732027 MORTGAGORS: DORGAN WILLIAM
DORGAN MARY
REGION CODE ADDRESS : 47 PELICAN DRIVE
01 CITY : AVALON
STATE/ZIP : NJ 08202
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 38.46100
----------------------------------------------------------------
0 0031732050 MORTGAGORS: URETSKY ALBERT
REGION CODE ADDRESS : 67 ALHAMBRA ROAD
01 CITY : MASSAPEQUA
STATE/ZIP : NY 11758
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,634.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0031732209 MORTGAGORS: GRAMBIHLER RICHARD
GRAMBIHLER HOLLY
REGION CODE ADDRESS : 1625 46TH AVENUE SW
01 CITY : SEATTLE
STATE/ZIP : WA 98116
MORTGAGE AMOUNT : 494,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,726.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,373.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.31300
----------------------------------------------------------------
0 0031732266 MORTGAGORS: STRUKHOFF ROGER
STRUKHOFF CAROL
REGION CODE ADDRESS : 453 ST. REGIS DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,793,500.00
P & I AMT: 12,470.00
UPB AMT: 1,790,688.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 506
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031732290 MORTGAGORS: MIHELICH MICHAEL
SCECINA M
REGION CODE ADDRESS : 7035 HAWARDEN DRIVE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 365,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,915.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,491.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031732340 MORTGAGORS: BOYD MARK
BOYD STEPHANIE
REGION CODE ADDRESS : 601 AVENUE D
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,728.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.18300
----------------------------------------------------------------
0 0031733512 MORTGAGORS: MIXON KENT
MIXON NANCY
REGION CODE ADDRESS : 2820 FOOTHILL ROAD
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93105
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.97000
----------------------------------------------------------------
0 0031733561 MORTGAGORS: SCACCO DENNIS
REGION CODE ADDRESS : 1751 10TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,780.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031733579 MORTGAGORS: BAILEY ANDREW
PURCELL LAUREN
REGION CODE ADDRESS : 5167 NORTHWAY ROAD
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,670.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,220.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,653,200.00
P & I AMT: 11,091.91
UPB AMT: 1,652,095.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 507
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031733819 MORTGAGORS: SCHODOLSKI VINCENT
CAREY T.
REGION CODE ADDRESS : 1532 RAMONA AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031733850 MORTGAGORS: SABBAH FRED
SABBAH MARY
REGION CODE ADDRESS : 11021 COZYCROFT AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 382,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0031733868 MORTGAGORS: HARRIGAN SCOTT
HARRIGAN CYNTHIA
REGION CODE ADDRESS : 2410 BAYSIDE PLACE
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031734015 MORTGAGORS: LONGENECKER BRUCE
LONGENECKER SUSAN
REGION CODE ADDRESS : 182 APPLEGATE DRIVE
01 CITY : WEST CHESTER
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,950.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.69600
----------------------------------------------------------------
0 0031735160 MORTGAGORS: GARRIGUS JANIS
GARRIGUS DAVID
REGION CODE ADDRESS : 1808 ALICE DRIVE
01 CITY : PENNGROVE
STATE/ZIP : CA 94951
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,540,700.00
P & I AMT: 10,646.07
UPB AMT: 1,540,700.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 508
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031735228 MORTGAGORS: GROPPER CRAIG
GROPPER MICHELLE
REGION CODE ADDRESS : 10414 MOORPARK STREET
01 CITY : TOLUCA LAKE
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,928.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031736143 MORTGAGORS: LAWRENCE DAVID
LAWRENCE CAMILLE
REGION CODE ADDRESS : 11343 BROADVIEW DRIVE
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,016.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031736168 MORTGAGORS: FLORENDO WILLIAM
FLORENDO BESSIE
REGION CODE ADDRESS : 21306 ALVAR PLACE
01 CITY : CARSON
STATE/ZIP : CA 90745
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.93000
----------------------------------------------------------------
0 0031737562 MORTGAGORS: HOLLAR JEFFREY
HOLLAR LISA
REGION CODE ADDRESS : 6306 CARSON PASS WAY
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 244,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------
0 0031737794 MORTGAGORS: GALBRAITH RICHARD
GALBRAITH KIMBERLEE
REGION CODE ADDRESS : 4790 ALAMO STREET
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,603,950.00
P & I AMT: 11,242.09
UPB AMT: 1,603,950.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 509
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031737844 MORTGAGORS: HERBERT ERIC
HERBERT FRANCES
REGION CODE ADDRESS : 1616 SMILEY HEIGHTS DRIVE
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,761.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.00000
----------------------------------------------------------------
0 0031737851 MORTGAGORS: COHEN BRUCE
COHEN EVE
REGION CODE ADDRESS : 33 WOLFE GRADE
01 CITY : KENTFIELD
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 576,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 576,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,027.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.20600
----------------------------------------------------------------
0 0031737869 MORTGAGORS: LEE JONATHAN
REGION CODE ADDRESS : 830 NORTH GATE ROAD
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,461.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031737877 MORTGAGORS: COLINO ANTHONY
MCDONALD GARY
REGION CODE ADDRESS : 4274 24TH STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.11700
----------------------------------------------------------------
0 0031737943 MORTGAGORS: BALELO ANTHONY
BALELO PAULINE
REGION CODE ADDRESS : 75 BLAISDELL WAY
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 238,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,666.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 83.94300
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,876,400.00
P & I AMT: 13,120.08
UPB AMT: 1,876,400.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 510
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031737950 MORTGAGORS: WALSH JOHN
WALSH HEDY
REGION CODE ADDRESS : 2144 BRIDGEGATE COURT
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 312,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,184.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.10000
----------------------------------------------------------------
0 0031737984 MORTGAGORS: BLAKE DANIEL
BLAKE JODEAN
REGION CODE ADDRESS : 3N426 HICKORY KNOLL LANE
01 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,606.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.41900
----------------------------------------------------------------
0 0031738008 MORTGAGORS: PORRINO PETER
PORRINO ANN
REGION CODE ADDRESS : 3305 JEREMY COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.60600
----------------------------------------------------------------
0 0031738016 MORTGAGORS: NAGAMI GLEN
NAGAMI COLETTE
REGION CODE ADDRESS : 28281 RANCHO GRANDE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 318,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,227.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.94100
----------------------------------------------------------------
0 0031738032 MORTGAGORS: METCALFE MARK
METCALFE KAREN
REGION CODE ADDRESS : 11 WINDGATE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.23200
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,400.00
P & I AMT: 10,862.95
UPB AMT: 1,560,006.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 511
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031738289 MORTGAGORS: MARIETTI STEVEN
MARIETTI JOY
REGION CODE ADDRESS : 11205-6 CARMEL CREEK ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.87400
----------------------------------------------------------------
0 0031739758 MORTGAGORS: KODAVERDIAN LEVIK
KODAVERDIAN SHAKEH
REGION CODE ADDRESS : 1732 WABASSO WAY
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031739923 MORTGAGORS: HEDBLOM MARY
BERG KEITH
REGION CODE ADDRESS : W17 OAKDALE LANE
01 CITY : MUNDELEIN
STATE/ZIP : IL 60060
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,208.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,908.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0031740376 MORTGAGORS: MATEVOSIAN EDWARD
REGION CODE ADDRESS : 3132 CHADNEY DRIVE
01 CITY : GLENDALE,
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 280,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.10000
----------------------------------------------------------------
0 0031742216 MORTGAGORS: SCHALLER GIDEON
ANGULO MERCEDES
REGION CODE ADDRESS : 17824 NORTHEAST 12TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98008
MORTGAGE AMOUNT : 248,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,306,450.00
P & I AMT: 8,875.63
UPB AMT: 1,306,058.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 512
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0031745664 MORTGAGORS: EVRARD RICHARD
EVRARD PEGGY
REGION CODE ADDRESS : 8341 CEDAR STREET
01 CITY : PRAIRIE VILLAGE
STATE/ZIP : KS 66207
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,816.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070040001 MORTGAGORS: LEGUNN RICHARD
LEGUNN VIVIEN
REGION CODE ADDRESS : 70 BIRCH DR
01 CITY : EAST HILLS
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 448,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,349.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,060.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.50365
----------------------------------------------------------------
0 0070051958 MORTGAGORS: RAMOS JOSEPH
RAMOS CHRISTINE
REGION CODE ADDRESS : 35 ABBEY ROAD
01 CITY : MANHASSET
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 431,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,943.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.17431
----------------------------------------------------------------
0 0070062427 MORTGAGORS: GALANTE STEVEN
GALANTE CORINNE
REGION CODE ADDRESS : 16 STAFFORD ROAD
01 CITY : LYNNFIELD
STATE/ZIP : MA 01940
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,698.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,640.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.36364
----------------------------------------------------------------
0 0070082672 MORTGAGORS: ABRAHAM LISA
ABRAHAM SOL
REGION CODE ADDRESS : 155 EAST 34TH ST
01 CITY : NEW YORK
STATE/ZIP : NY 10016
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,821,200.00
P & I AMT: 12,539.97
UPB AMT: 1,820,364.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 513
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070084025 MORTGAGORS: CREFELD DONNA
SINICOLA FRANK
REGION CODE ADDRESS : 6 NURSERY LANE
01 CITY : RYE
STATE/ZIP : NY 10580
MORTGAGE AMOUNT : 240,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,955.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------
0 0070098116 MORTGAGORS: BARMON WARD
BARMON KATHLEEN
REGION CODE ADDRESS : 9225 LAUREL OAK DRIVE
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.84211
----------------------------------------------------------------
0 0070101118 MORTGAGORS: REILLY SEAN
REILLY BRENDA
REGION CODE ADDRESS : 905 STEVENS AVENUE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
MORTGAGE AMOUNT : 282,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.55556
----------------------------------------------------------------
0 0070129614 MORTGAGORS: FRIEDENTHAL ROY
REGION CODE ADDRESS : 44 EDELWEISS LN.
01 CITY : VOORHEES
STATE/ZIP : NJ 08043
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.67347
----------------------------------------------------------------
0 0070129838 MORTGAGORS: PASTORELLE PETER
PASTORELLE THERESA
REGION CODE ADDRESS : 9 DRIFTWOOD LANE
01 CITY : COLTS NECK
STATE/ZIP : NJ 07722
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.14456
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,489,300.00
P & I AMT: 10,581.03
UPB AMT: 1,489,300.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 514
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070133574 MORTGAGORS: BOENKER DARRELL
BOENKER SUZANNE
REGION CODE ADDRESS : 5306 OAKDALE CREEK COURT
01 CITY : SPRING
STATE/ZIP : TX 77379
MORTGAGE AMOUNT : 273,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.91667
----------------------------------------------------------------
0 0070148697 MORTGAGORS: ORCHANIAN ASADOUR
ORCHANIAN ZHANNA
REGION CODE ADDRESS : 65 VALDEZ AVENUE
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94112
MORTGAGE AMOUNT : 251,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.26000
----------------------------------------------------------------
0 0070156617 MORTGAGORS: LLOYD RUSSELL
LLOYD ELLEN
REGION CODE ADDRESS : 5315 EAST COUNTY ROAD 142
01 CITY : ELIZABETH
STATE/ZIP : CO 80107
MORTGAGE AMOUNT : 330,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,282.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.44712
----------------------------------------------------------------
0 0070169198 MORTGAGORS: CHAMBERS JACK
CHAMBERS GEORGIA
REGION CODE ADDRESS : 6509 CASTLE PINES ROAD
01 CITY : FORT WORTH
STATE/ZIP : TX 76132
MORTGAGE AMOUNT : 272,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,039.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.59459
----------------------------------------------------------------
0 0070173935 MORTGAGORS: HABERMAN LOUIS
HABERMAN LYNN
REGION CODE ADDRESS : 1 ARDEN ROAD
01 CITY : DENVILLE
STATE/ZIP : NJ 07834
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,710.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,624.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,507,400.00
P & I AMT: 10,411.27
UPB AMT: 1,505,850.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 515
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070177134 MORTGAGORS: CORCORAN GROVER
CORCORAN CAROL
REGION CODE ADDRESS : 14591 SACRED HEART LANE
01 CITY : WATERFORD
STATE/ZIP : VA 22190
MORTGAGE AMOUNT : 299,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.02804
----------------------------------------------------------------
0 0070177571 MORTGAGORS: VARLACK CHARLESWOR
VARLACK HILARY
REGION CODE ADDRESS : 54 VALENTINE ROAD
01 CITY : SHOREHAM
STATE/ZIP : NY 11786
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070189907 MORTGAGORS: WOOD KEITH
WOOD STACY
REGION CODE ADDRESS : 1009 SW WESTWOOD DRIVE
01 CITY : PORTLAND
STATE/ZIP : OR 97201
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,813.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.03226
----------------------------------------------------------------
0 0070199377 MORTGAGORS: MARTIN PHYLLIS
REGION CODE ADDRESS : 305 WEST MASONIC VIEW
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22301
MORTGAGE AMOUNT : 255,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.23529
----------------------------------------------------------------
0 0070200530 MORTGAGORS: GALVIN THOMAS
FOX JANET
REGION CODE ADDRESS : 214 BEACH 145TH STREET
01 CITY : NEPONSIT
STATE/ZIP : NY 11697
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.64407
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,272,550.00
P & I AMT: 8,749.85
UPB AMT: 1,272,363.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 516
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070203401 MORTGAGORS: HOPKINS G
SOLTANI MEHRI
REGION CODE ADDRESS : 3564 MAPLEWOOD AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 254,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/23
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.03030
----------------------------------------------------------------
0 0070212576 MORTGAGORS: VIGNOVICH FRED
VIGNOVICH BARBARA
REGION CODE ADDRESS : 6917 STETHEM COURT
01 CITY : MANASSAS
STATE/ZIP : VA 22111
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0070213103 MORTGAGORS: THORNE DARRYL
FORBES THORN NATASHA
REGION CODE ADDRESS : 17732 DEER ISLAND CIRCLE
01 CITY : WINTER GARD
STATE/ZIP : FL 34787
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070214788 MORTGAGORS: BROOKS JOSEPH
BROOKS SHARON
REGION CODE ADDRESS : 31 STEEPLECHASE DRIVE
01 CITY : HOLLAND
STATE/ZIP : PA 18966
MORTGAGE AMOUNT : 275,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.20896
----------------------------------------------------------------
0 0070217815 MORTGAGORS: WHIPPLE RICHARD
WHIPPLE LINDA
REGION CODE ADDRESS : 9946 RALEIGH STREET
01 CITY : WESTMINSTER
STATE/ZIP : CO 80030
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.80952
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,319,100.00
P & I AMT: 9,080.22
UPB AMT: 1,319,100.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 517
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070219845 MORTGAGORS: ARAT RONALD
KOEHLER BEVERLY
REGION CODE ADDRESS : 42 FORGEHILL ROAD
01 CITY : LEBANON
STATE/ZIP : NJ 08826
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,919.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,609.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 86.29630
----------------------------------------------------------------
0 0070222849 MORTGAGORS: MC KONE ROBERT
MC KONE SUSAN
REGION CODE ADDRESS : 207 EAST HAYWARD AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85020
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,305.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0070230073 MORTGAGORS: SCHULMAN GARY
SCHULMAN NANCY
REGION CODE ADDRESS : 6 BERRIAN ROAD
01 CITY : STAMFORD
STATE/ZIP : CT 06905
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,745.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.76190
----------------------------------------------------------------
0 0070233994 MORTGAGORS: PHILLIPS ROBERT
PHILLIPS MICHELLE
REGION CODE ADDRESS : 57 NORTH VIEW ROAD
01 CITY : LITITZ
STATE/ZIP : PA 17543
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.25581
----------------------------------------------------------------
0 0070234661 MORTGAGORS: ANGRES ROBERT
REGION CODE ADDRESS : 695 SADDLEHORN DRIVE
01 CITY : INCLINE VIL
STATE/ZIP : NV 89451
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,758.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 49.24242
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,470,500.00
P & I AMT: 10,233.45
UPB AMT: 1,467,729.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 518
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070235981 MORTGAGORS: WHITE GEORGE
WHITE PATRICIA
REGION CODE ADDRESS : 8 DRINKING BROOK ROAD
01 CITY : SOUTH BRUNS
STATE/ZIP : NJ 08852
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,513.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.40187
----------------------------------------------------------------
0 0070238555 MORTGAGORS: BOGGS R
BOGGS KATHLEEN
REGION CODE ADDRESS : 3238 MUIRFIELD
01 CITY : COLORADO SP
STATE/ZIP : CO 80907
MORTGAGE AMOUNT : 404,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,199.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,828.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.55932
----------------------------------------------------------------
0 0070238738 MORTGAGORS: GASSLER JAMES
GASSLER LAURA
REGION CODE ADDRESS : 20856 CARDIFF COURT
01 CITY : ASHBURN
STATE/ZIP : VA 22011
MORTGAGE AMOUNT : 241,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,623.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 92.69231
----------------------------------------------------------------
0 0070241476 MORTGAGORS: MEANDZIJA BORISLAV
MEANDZIJA CYNTHIA
REGION CODE ADDRESS : 115 UNDERHILL ROAD
01 CITY : HAMDEN
STATE/ZIP : CT 06517
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.13559
----------------------------------------------------------------
0 0070242706 MORTGAGORS: HORNE ROBERT
HORNE SUSAN
REGION CODE ADDRESS : 1429 HAGUE DRIVE
01 CITY : LEESBURG
STATE/ZIP : VA 22075
MORTGAGE AMOUNT : 291,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 92.55556
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,524,050.00
P & I AMT: 10,594.93
UPB AMT: 1,523,262.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 519
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070243928 MORTGAGORS: BRASHIER CLIFTON
REGION CODE ADDRESS : 4561 COLUMNS DRIVE
01 CITY : MARIETTA
STATE/ZIP : GA 30067
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,740.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 25.92593
----------------------------------------------------------------
0 0070244538 MORTGAGORS: KIM SUNG
KIM KWI
REGION CODE ADDRESS : 1020 TIMBER LANE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 442,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,130.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.01493
----------------------------------------------------------------
0 0070248190 MORTGAGORS: COHEN MATTHEW
COHEN JENNIFER
REGION CODE ADDRESS : 746 THE PARKWAY
01 CITY : MAMARONECK
STATE/ZIP : NY 10543
MORTGAGE AMOUNT : 439,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,865.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,033.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070249255 MORTGAGORS: KAPINOS STEVEN
KAPINOS DEBORAH
REGION CODE ADDRESS : 7515 WHITESTONE DRIVE
01 CITY : TALL TIMBER
STATE/ZIP : MD 20690
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.04878
----------------------------------------------------------------
0 0070254362 MORTGAGORS: MILLER MARK
MILLER LAURA
REGION CODE ADDRESS : 949 HILLCREST ROAD
01 CITY : RIDGEWOOD
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,775.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.84496
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,963,500.00
P & I AMT: 13,624.48
UPB AMT: 1,962,906.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 520
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070254669 MORTGAGORS: GROSSER PERRY
GROSSER DOROTHY
REGION CODE ADDRESS : 17 ROCKY RIDGE ROAD
01 CITY : WEST HARRIS
STATE/ZIP : NY 10604
MORTGAGE AMOUNT : 264,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.02500
----------------------------------------------------------------
0 0070257779 MORTGAGORS: VINZE AJAY
VINZE AMITA
REGION CODE ADDRESS : 756 EAST VERBENA DRIVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,451.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.81159
----------------------------------------------------------------
0 0070259247 MORTGAGORS: KRAUSS ELIZABETH
KRAUSS DAVID
REGION CODE ADDRESS : 8316 VINA DEL SOL DRIVE N
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,817.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070262282 MORTGAGORS: REJAN JEFFREY
TIDBALL LISA
REGION CODE ADDRESS : 51 BLACK BIRCH LANE
01 CITY : SCARSDALE
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 08/01/23
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 65.82524
----------------------------------------------------------------
0 0070266556 MORTGAGORS: SUSSER MATTHEW
SUSSER ALLISON
REGION CODE ADDRESS : 64 SUGARLOAF MOUNTAIN ROAD
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 236,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,575.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,344,900.00
P & I AMT: 9,244.21
UPB AMT: 1,344,168.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 521
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070267083 MORTGAGORS: PEEK BARRY
ROBINSON PATRICIA
REGION CODE ADDRESS : 39 FRESH POND ROAD
01 CITY : Sag Harbor
STATE/ZIP : NY 11963
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.67000
----------------------------------------------------------------
0 0070269451 MORTGAGORS: WARD JUSTIN
CARVER ANNE
REGION CODE ADDRESS : 420 TIMBER BRANCH PARKWAY
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22302
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,884.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.12994
----------------------------------------------------------------
0 0070271440 MORTGAGORS: QUIRK JOSEPH
REGION CODE ADDRESS : 800 OCEAN DRIVE
01 CITY : JUNO BEACH
STATE/ZIP : FL 33408
MORTGAGE AMOUNT : 313,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,527.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.47312
----------------------------------------------------------------
0 0070272372 MORTGAGORS: DEL MONACO MICHELE
DEL MONACO PATRICIA
REGION CODE ADDRESS : 43 WARWICK ROAD
01 CITY : NEW FAIRFIE
STATE/ZIP : CT 06812
MORTGAGE AMOUNT : 244,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.33951
----------------------------------------------------------------
0 0070272802 MORTGAGORS: BUONOCORE RONALD
BUONOCORE LAURA
REGION CODE ADDRESS : 6 PINE HILL ROAD
01 CITY : KINNELON
STATE/ZIP : NJ 08705
MORTGAGE AMOUNT : 252,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.23188
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,530,000.00
P & I AMT: 11,031.75
UPB AMT: 1,530,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 522
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070274329 MORTGAGORS: PIERCE MARTIN
LAUDER ANNE
REGION CODE ADDRESS : 6123 SCENIC AVENUE
01 CITY : Los Angeles
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.60000
----------------------------------------------------------------
0 0070275417 MORTGAGORS: MANGEL BARRY
REGION CODE ADDRESS : 90 WING MILL ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,948.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------
0 0070278551 MORTGAGORS: KIMBROUGH JAMES
KIMBROUGH LINDA
REGION CODE ADDRESS : 8260 ALTADENA STREET
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 229,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,588.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.00000
----------------------------------------------------------------
0 0070278957 MORTGAGORS: D'AGNOLO OTTO
D'AGNOLO GEORGIANNA
REGION CODE ADDRESS : 16428 SOUTH 4TH STREET
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,640.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.39683
----------------------------------------------------------------
0 0070280219 MORTGAGORS: BECKER WILLIAM
MERRYFIELD B MELINDA
REGION CODE ADDRESS : 637 REITHE AVENUE
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 251,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 61.31707
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,360,350.00
P & I AMT: 9,723.23
UPB AMT: 1,360,350.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 523
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070283338 MORTGAGORS: ARNOLD THOMAS
BOYD SANDRA
REGION CODE ADDRESS : 6043 SHAFFER DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.79003
----------------------------------------------------------------
0 0070283379 MORTGAGORS: GREWAL SATWANT
REGION CODE ADDRESS : 1294 TWEED COURT
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 380,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,625.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.03000
----------------------------------------------------------------
0 0070283874 MORTGAGORS: MISCHINSKI PAUL
MISCHINSKI EILEEN
REGION CODE ADDRESS : 1050 FIELDWOOD LANE
01 CITY : WINSTON SAL
STATE/ZIP : NC 27106
MORTGAGE AMOUNT : 404,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,793.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.93333
----------------------------------------------------------------
0 0070284609 MORTGAGORS: MEYER RALPH
MEYER JANICE
REGION CODE ADDRESS : 716 LAKE POINT DRIVE
01 CITY : CHANHASSEN
STATE/ZIP : MN 55317
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.03371
----------------------------------------------------------------
0 0070285978 MORTGAGORS: BILLINGS BRADLEY
BILLINGS JANICE
REGION CODE ADDRESS : 755 WEST SUNSET DRIVE
01 CITY : REDLANDS
STATE/ZIP : CA 92373
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.18182
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,757,650.00
P & I AMT: 12,084.54
UPB AMT: 1,757,650.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 524
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070286398 MORTGAGORS: AVERETT DONALD
AVERETT EUTHA
REGION CODE ADDRESS : 6135 STEGEN DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 245,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.21127
----------------------------------------------------------------
0 0070287933 MORTGAGORS: MERRILL STEPHEN
MERRILL DENICE
REGION CODE ADDRESS : 31302 AVENIDA MADRID
01 CITY : SAN JUAN CA
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 366,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,533.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.68182
----------------------------------------------------------------
0 0070289178 MORTGAGORS: KHANNA SUMANT
KHANNA ANNE
REGION CODE ADDRESS : 161 HURLBUTT STREET
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070292909 MORTGAGORS: KOSLOW MARC
KOSLOW KAREN
REGION CODE ADDRESS : 5142 SHERIER PLACE NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 388,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.43750
----------------------------------------------------------------
0 0070293535 MORTGAGORS: CRABB PHILIP
REGION CODE ADDRESS : 261 CALLIOPE STREET
01 CITY : Laguna Beach
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,300.00
P & I AMT: 11,190.62
UPB AMT: 1,654,300.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 525
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070294228 MORTGAGORS: KEAYS DOUGLAS
KEAYS JEAN
REGION CODE ADDRESS : 6 BIRCH HILL ROAD
01 CITY : WESTON
STATE/ZIP : CT 06883
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.51613
----------------------------------------------------------------
0 0070296595 MORTGAGORS: SHEEHAN VINCENT
SHEEHAN GLORIA
REGION CODE ADDRESS : 178 HAMILTON RD.
01 CITY : Rockville Centre
STATE/ZIP : NY 11570
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,683.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,873.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070297114 MORTGAGORS: SEEM GARY
SEEM LAUREN
REGION CODE ADDRESS : 111 MERCER STREET
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 303,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,096.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.22472
----------------------------------------------------------------
0 0070297692 MORTGAGORS: BURKE RANDY
BURKE SUSAN
REGION CODE ADDRESS : 8834 250TH AVENUE NE
01 CITY : Redmond
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0070298187 MORTGAGORS: MINASIAN ARMEN
MINASIAN LINDA
REGION CODE ADDRESS : 13908 SUNSET DRIVE
01 CITY : WHITTIER
STATE/ZIP : CA 90602
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.41935
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,525,600.00
P & I AMT: 10,490.91
UPB AMT: 1,525,283.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 526
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070298542 MORTGAGORS: ARMANDO JOHN
REGION CODE ADDRESS : 625 BUDD AVENUE
01 CITY : Campbell
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.39000
----------------------------------------------------------------
0 0070300280 MORTGAGORS: NISHIWAKI MITSUYASU
NISHIWAKI MEI
REGION CODE ADDRESS : 346 HURLBUTT ST
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 450,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,075.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.72414
----------------------------------------------------------------
0 0070304779 MORTGAGORS: GOULD GEORGE
REGION CODE ADDRESS : 6101 PUERTO DRIVE
01 CITY : Rancho Murieta
STATE/ZIP : CA 95683
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070305032 MORTGAGORS: KOSTELANCIK DAVID
KOSTELANCIK PATRICIA
REGION CODE ADDRESS : 7722 BRIDLE PATH LANE
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.16854
----------------------------------------------------------------
0 0070305974 MORTGAGORS: SHOLDER CRAIG
SHOLDER TAMARA
REGION CODE ADDRESS : 24922 Oxford Drive
01 CITY : Laguna Niguel
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,400.00
P & I AMT: 10,431.64
UPB AMT: 1,534,400.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 527
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070306063 MORTGAGORS: KIM RAYMOND
REGION CODE ADDRESS : 1300 12TH
01 CITY : Manhattan Beach
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.29000
----------------------------------------------------------------
0 0070306287 MORTGAGORS: LI JOHN
ZHOU WEN
REGION CODE ADDRESS : 1691 DALEHURST AVENUE
01 CITY : Los Altos
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.43000
----------------------------------------------------------------
0 0070306451 MORTGAGORS: GOLDSTEIN STEVEN
GOLDSTEIN SHARI
REGION CODE ADDRESS : 4 lakeview rd
01 CITY : Westport
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 298,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.28000
----------------------------------------------------------------
0 0070306519 MORTGAGORS: KRAUSS STEVEN
PITERA ROBERT
REGION CODE ADDRESS : 7344 SWAGGER ROAD
01 CITY : Point Pleasant
STATE/ZIP : PA 18950
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,796.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.18000
----------------------------------------------------------------
0 0070306576 MORTGAGORS: PASKO STEVEN
REGION CODE ADDRESS : 47 ANNFIELD COURT
01 CITY : Staten Island
STATE/ZIP : NY 10304
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 550,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,035.71 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 55.56000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,893,700.00
P & I AMT: 13,318.29
UPB AMT: 1,893,496.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 528
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070306725 MORTGAGORS: CARPENTER GEOFFREY
CARPENTER NANCY
REGION CODE ADDRESS : 590 NW SAINT HELENS AVENUE
01 CITY : Portland
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070306808 MORTGAGORS: INEL SINAN
INEL AYLIN
REGION CODE ADDRESS : 27 MAST ST.
01 CITY : Marina Del Rey
STATE/ZIP : CA 90292
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070306923 MORTGAGORS: SUNKU RAVINDRA
SUNKU ROOPA
REGION CODE ADDRESS : 2586 WINDSOR COURT
01 CITY : Union City
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,516.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070307137 MORTGAGORS: HANNON JOHN
HANNON BEVERLY
REGION CODE ADDRESS : 600 CRABTREE MEADOW LANE
01 CITY : SEVERNA PAR
STATE/ZIP : MD 21146
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.52381
----------------------------------------------------------------
0 0070307194 MORTGAGORS: SEHGAL ROHIT
SEHGAL SEEMA
REGION CODE ADDRESS : 473 HUNTER LANE
01 CITY : Fremont
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 476,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.61000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,590,000.00
P & I AMT: 10,764.15
UPB AMT: 1,590,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 529
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070307210 MORTGAGORS: HAKEMAN JEFFREY
HAKEMAN JUDITH
REGION CODE ADDRESS : 1508 EAST FOREST OAKS
01 CITY : FRESNO
STATE/ZIP : CA 93720
MORTGAGE AMOUNT : 252,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.26027
----------------------------------------------------------------
0 0070307715 MORTGAGORS: BAKER DAVID
BAKER CARISE
REGION CODE ADDRESS : 11 CLAREMONT LANE
01 CITY : Coto De Caza
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 62.31000
----------------------------------------------------------------
0 0070308200 MORTGAGORS: SANDLER MARK
SANDLER LORI
REGION CODE ADDRESS : 70 CASCADE COURT
01 CITY : Stamford
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.59000
----------------------------------------------------------------
0 0070308580 MORTGAGORS: SULLIVAN JOHN
SULLIVAN ANNE MARIE
REGION CODE ADDRESS : 17823 DONMETZ STREET
01 CITY : GRANADA HILLS
STATE/ZIP : CA 91344
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.00000
----------------------------------------------------------------
0 0070308689 MORTGAGORS: ATHAS MARK
ATHAS MYRLYNE
REGION CODE ADDRESS : 933 INSPIRATION LANE
01 CITY : Escondido
STATE/ZIP : CA 92025
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.15000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,503,550.00
P & I AMT: 10,423.38
UPB AMT: 1,503,550.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 530
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070308820 MORTGAGORS: GETOOR RONALD
REGION CODE ADDRESS : 2836 SUGARMAN WAY
01 CITY : La Jolla
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.33000
----------------------------------------------------------------
0 0070308911 MORTGAGORS: LIVINGSTON DAVID
LIVINGSTON LEE
REGION CODE ADDRESS : 45753 STANFORD COURT
01 CITY : Fremont
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.42000
----------------------------------------------------------------
0 0070308952 MORTGAGORS: DEVILLE GREG
DEVILLE BARBARA
REGION CODE ADDRESS : 16 CELONOVA PLACE
01 CITY : Foothill Ranch
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,142.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.77000
----------------------------------------------------------------
0 0070308960 MORTGAGORS: STERNSHEIN LAWRENCE
STERNSHEIN COLLEEN
REGION CODE ADDRESS : 226 SOUTH WILLAMAN DRIVE
01 CITY : Beverly Hills
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.40000
----------------------------------------------------------------
0 0070309091 MORTGAGORS: PRUGPICHAILERS PONGCHAI
PRUGPICHAILERS CHUANPIT
REGION CODE ADDRESS : 9128 WAGNER RIVER CIRCLE
01 CITY : Fountain Valley
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.92000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,833,500.00
P & I AMT: 12,787.79
UPB AMT: 1,833,500.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 531
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070309117 MORTGAGORS: HERZ RICHARD
HERZ JUDITH
REGION CODE ADDRESS : 1555 VINEYARD DRIVE
01 CITY : Los Altos
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.29000
----------------------------------------------------------------
0 0070309125 MORTGAGORS: LANDIS RONALD
LANDIS LYDIA
REGION CODE ADDRESS : 3558 BALLANTYNE
01 CITY : Pleasanton
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 270,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.71000
----------------------------------------------------------------
0 0070309273 MORTGAGORS: LIVNE ALON
LIVNE PATRICIA
REGION CODE ADDRESS : 77 RALPH AVE
01 CITY : White Plains
STATE/ZIP : NY 10606
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.43000
----------------------------------------------------------------
0 0070309364 MORTGAGORS: PEZZELLA RICHARD
PEZZELLA LISA
REGION CODE ADDRESS : 2 IVY WAY
01 CITY : Port Washington
STATE/ZIP : NY 11050
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------
0 0070310412 MORTGAGORS: PUJJI SANJEEVAN
PUJJI ANURADHA
REGION CODE ADDRESS : 2391 E. MEADOW GLEN DRIVE
01 CITY : La Verne
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 344,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,224.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,579,350.00
P & I AMT: 10,702.92
UPB AMT: 1,579,074.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 532
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070310818 MORTGAGORS: VAN DYKE JAMES
VAN DYKE MARY
REGION CODE ADDRESS : 3367 ARBOR DR.
01 CITY : Pleasanton
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 361,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,374.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.31000
----------------------------------------------------------------
0 0070311741 MORTGAGORS: EVANS MICHAEL
EVANS MARGARET
REGION CODE ADDRESS : 8207 FOREST DRIVE NORTHEAST
01 CITY : Seattle
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.90000
----------------------------------------------------------------
0 0070311857 MORTGAGORS: YARBORO JOHN
YARBORO LAURA
REGION CODE ADDRESS : 374 CURIE DRIVE
01 CITY : San Jose
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.28000
----------------------------------------------------------------
0 0070312137 MORTGAGORS: JONES JERRY
JONES JULIE
REGION CODE ADDRESS : 10 GREEN TREE WAY
01 CITY : Scotts Valley
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 331,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.67000
----------------------------------------------------------------
0 0070312145 MORTGAGORS: DRAKE J.
DRAKE MARYLYN
REGION CODE ADDRESS : 2619 LINDENTREE LANE
01 CITY : Santa Clara
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.76000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,500.00
P & I AMT: 11,071.39
UPB AMT: 1,615,500.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 533
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070312285 MORTGAGORS: DANDIYA ROHIT
DANDIYA BHARATI
REGION CODE ADDRESS : 3172 CASSEECKEY ISLAND DR
01 CITY : Jupiter
STATE/ZIP : FL 33477
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,505.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,489.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 40.63000
----------------------------------------------------------------
0 0070312509 MORTGAGORS: ARROYO JOSE
TORRES MERCEDES
REGION CODE ADDRESS : 3 HATTERAS CT
01 CITY : GREENSBORO
STATE/ZIP : NC 27455
MORTGAGE AMOUNT : 361,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,405.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070312517 MORTGAGORS: CHAFFIN BARRY
CHAFFIN JANET
REGION CODE ADDRESS : 18471 VIA BONITA
01 CITY : Monte Sereno
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 516,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 516,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,522.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.75000
----------------------------------------------------------------
0 0070312616 MORTGAGORS: OWENS LARRY
OWENS DEBRA
REGION CODE ADDRESS : 19631 DORADO DRIVE
01 CITY : Trabuco Canyon
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 274,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.54000
----------------------------------------------------------------
0 0070312798 MORTGAGORS: KING TED
KING ELIZABETH
REGION CODE ADDRESS : 7914 CALLE JALISCO
01 CITY : Carlsbad
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,102,150.00
P & I AMT: 14,307.28
UPB AMT: 2,101,655.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 534
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070313077 MORTGAGORS: SWART MARK
SWART NONETTE
REGION CODE ADDRESS : 5329 E. TISBURY COURT
01 CITY : Anaheim
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,601.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.92000
----------------------------------------------------------------
0 0070313234 MORTGAGORS: MILLER STEVEN
MILLER JUDITH
REGION CODE ADDRESS : 2382 WHITECHAPEL PLACE
01 CITY : Thousand Oaks
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.68000
----------------------------------------------------------------
0 0070313689 MORTGAGORS: SHANY EHUD
SHANY YAEL
REGION CODE ADDRESS : 5042 CHATEAU CIRCLE
01 CITY : Irvine
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 262,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.53000
----------------------------------------------------------------
0 0070313895 MORTGAGORS: FREEMAN JODY
KRAKOW LISA
REGION CODE ADDRESS : 609 N. LAUREL
01 CITY : Los Angeles
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,759.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070313903 MORTGAGORS: PARENTI DINO
REGION CODE ADDRESS : 3452 CROMWELL PLACE
01 CITY : San Diego
STATE/ZIP : CA 92116
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,379.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.22000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,962,450.00
P & I AMT: 13,400.92
UPB AMT: 1,962,450.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 535
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070314224 MORTGAGORS: PERSICHETTI JOHN
PERSICHETTI KAREN
REGION CODE ADDRESS : 2240 RANCH VIEW PLACE
01 CITY : Thousand Oaks
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.25000
----------------------------------------------------------------
0 0070314380 MORTGAGORS: KANE MICHAEL
LAM CATHY
REGION CODE ADDRESS : 2318 HEATHER LANE
01 CITY : Newport Beach
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------
0 0070314471 MORTGAGORS: WEISS MICHAEL
WEISS ALLISON
REGION CODE ADDRESS : 5812 EL CANON AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.52000
----------------------------------------------------------------
0 0070314638 MORTGAGORS: BROWN ROGER
BROWN LISA
REGION CODE ADDRESS : 2727 SOUTH AVERILL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0070314653 MORTGAGORS: BARNHART JAMES
BARNHART HILLARY
REGION CODE ADDRESS : 1531 NORLAND DRIVE
01 CITY : Sunnyvale
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.25000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,683,200.00
P & I AMT: 11,658.65
UPB AMT: 1,683,200.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 536
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070314703 MORTGAGORS: TOMS LARRY
TOMS BONNIE
REGION CODE ADDRESS : 1425 PLEASANT OAKS PLACE
01 CITY : Thousand Oaks
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,735.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070314711 MORTGAGORS: FOURCHER FREDRIC
FOURCHER ADRIANA
REGION CODE ADDRESS : 507 LARKSPUR AVENUE
01 CITY : Corona Del Mar
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,301.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.20000
----------------------------------------------------------------
0 0070315312 MORTGAGORS: WALTERS JAMES
WALTERS KATHLEEN
REGION CODE ADDRESS : 366 LANG COURT
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/23
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 81.66667
----------------------------------------------------------------
0 0070315353 MORTGAGORS: WETZEL RICHARD
WETZEL DOMINIQUE
REGION CODE ADDRESS : 9572 ONSET CIRCLE
01 CITY : Huntington Beach
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070315585 MORTGAGORS: STEWART MORSE
REGION CODE ADDRESS : 26 BRIARWOOD ROAD
01 CITY : Lake Oswego
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,771,000.00
P & I AMT: 12,240.39
UPB AMT: 1,771,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 537
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070315817 MORTGAGORS: KOTRAPPA VIJAYENDRA
KOTRAPPA KAVITHA
REGION CODE ADDRESS : 2396 NORTHVIEW CIRCLE
01 CITY : La Verne
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 432,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,913.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070317417 MORTGAGORS: RAFFERTY FRANK
REGION CODE ADDRESS : 6 ERIKA LANE
01 CITY : BROOMALL
STATE/ZIP : PA 19008
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 67.87476
----------------------------------------------------------------
0 0070319314 MORTGAGORS: CRONIC JASON
CRONIC SAMANTHA
REGION CODE ADDRESS : 112 MIDLAND AVENUE
01 CITY : Rye
STATE/ZIP : NY 10580
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.81000
----------------------------------------------------------------
0 0070319942 MORTGAGORS: MILLER MATHEW
MILLER LAURA
REGION CODE ADDRESS : 6622 SKYFARM DRIVE
01 CITY : San Jose
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,555.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.16000
----------------------------------------------------------------
0 0070319983 MORTGAGORS: WINTER ERIC
WINTER KATHERINE
REGION CODE ADDRESS : 22 SHERIDAN ROAD
01 CITY : Oakland
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,144.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.59000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,027,400.00
P & I AMT: 13,745.71
UPB AMT: 2,027,400.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 538
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070319991 MORTGAGORS: FORSYTHE ROBERT
REGION CODE ADDRESS : 248 MONACO DRIVE
01 CITY : Redwood City
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.62000
----------------------------------------------------------------
0 0070324587 MORTGAGORS: TELLERS ANTHONY
TELLERS RITA
REGION CODE ADDRESS : 1622 PASEO CARMEL
01 CITY : San Dimas
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.60000
----------------------------------------------------------------
0 0070324835 MORTGAGORS: BEVILAQUA VICTOR
REGION CODE ADDRESS : 17 WOODLAND RD
01 CITY : West Caldwell
STATE/ZIP : NJ 07006
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,396.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070325824 MORTGAGORS: CASSANI PAUL
CASSANI ALEXANDRIA
REGION CODE ADDRESS : 1241 RIPPEY STREET
01 CITY : El Cajon
STATE/ZIP : CA 92020
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070326103 MORTGAGORS: RASOR GREGG
RASOR PATRICIA
REGION CODE ADDRESS : 6658 EASTVIEW DRive
01 CITY : LANTANA
STATE/ZIP : FL 33462
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.19000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,502,000.00
P & I AMT: 10,287.02
UPB AMT: 1,502,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 539
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070326111 MORTGAGORS: GAFFNEY MICHAEL
GAFFNEY LUCILLE
REGION CODE ADDRESS : 29 SOUTH DRIVE
01 CITY : Plandome
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 48.00000
----------------------------------------------------------------
0 0070326467 MORTGAGORS: HATAMI FEREIDOON
REGION CODE ADDRESS : 25851 ELDERBROOK LANE
01 CITY : Laguna Hills
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,593.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.38000
----------------------------------------------------------------
0 0070329305 MORTGAGORS: WHITE RONALD
WHITE COLLEEN
REGION CODE ADDRESS : 27311 VIA AMISTOSO
01 CITY : Mission Viejo
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------
0 0070330014 MORTGAGORS: BEGG WILLIAM
BEGG JUDITH
REGION CODE ADDRESS : 3899 VENTURA CANYON AVENUE
01 CITY : Sherman Oaks
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.57000
----------------------------------------------------------------
0 0070335831 MORTGAGORS: SHOLL RICHARD
SHOLL VERONICA
REGION CODE ADDRESS : 1606 N. ANGELUS AVE.
01 CITY : Los Angeles
STATE/ZIP : CA 90026
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.57000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,875,000.00
P & I AMT: 12,767.74
UPB AMT: 1,875,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 540
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070336128 MORTGAGORS: HOFFBAUER KARL
HOFFBAUER VIRGINIA
REGION CODE ADDRESS : 3432 CASABLANCA WAY
01 CITY : Fallbrook
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,555.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.51000
----------------------------------------------------------------
0 0070336904 MORTGAGORS: STEPHENS MICHELLE
REGION CODE ADDRESS : 3632 EQUESTRIAN COURT
01 CITY : Edmond
STATE/ZIP : OK 73013
MORTGAGE AMOUNT : 236,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0070338801 MORTGAGORS: SPITZ MITCHELL
REGION CODE ADDRESS : 603 S SYCAMORE AVENUE
01 CITY : Los Angeles
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 349,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,411.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070338876 MORTGAGORS: DURAND MARCEL
DURAND HEATHER
REGION CODE ADDRESS : 25602 DEL NORTE
01 CITY : Laguna Niguel
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.24000
----------------------------------------------------------------
0 0070339429 MORTGAGORS: SCHROETER MARTIN
SCHROETER BARBARA
REGION CODE ADDRESS : 330 HICKORY LANE
01 CITY : HADDONFIELD
STATE/ZIP : NJ 08033
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.94269
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,483,750.00
P & I AMT: 10,134.88
UPB AMT: 1,483,750.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 541
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070340047 MORTGAGORS: FISSEL BRETT
FISSEL CHRISTINE
REGION CODE ADDRESS : 1025 ALMSHOUSE ROAD
01 CITY : Warrington
STATE/ZIP : PA 18976
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------
0 0070343124 MORTGAGORS: MCCARTHY J.
MCCARTHY KRISTEN
REGION CODE ADDRESS : 28 rockland ave
01 CITY : Larchmont
STATE/ZIP : NY 10538
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,110.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.29000
----------------------------------------------------------------
0 0070348164 MORTGAGORS: CARR CHARLES
CARR JULIE
REGION CODE ADDRESS : 28161 CAMELLIA COURT
01 CITY : Laguna Niguel
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.27000
----------------------------------------------------------------
0 0070349931 MORTGAGORS: KOEHLER PERRY
KOEHLER PAULA
REGION CODE ADDRESS : 225 NORTHBROOK WAY
01 CITY : Greenville
STATE/ZIP : SC 29615
MORTGAGE AMOUNT : 367,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,508.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
0 0070357017 MORTGAGORS: MELNICK BROOKE
TAFF MARK
REGION CODE ADDRESS : 10902 BELLS RIDGE DR
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.56000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,797,650.00
P & I AMT: 12,241.63
UPB AMT: 1,797,650.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 08/01/98
P.O. BOX 5260 TMS AG0004981330 01 02 03
PAGE: 542
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------
0 0070358270 MORTGAGORS: SERPAN MICHAEL
SERPAN JENNIFER
REGION CODE ADDRESS : 15 SIERRA RIDGE COURT
01 CITY : Danville
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------
0 0070361621 MORTGAGORS: BURN BONNIE
REGION CODE ADDRESS : 311 PROSPECT STREET
01 CITY : La Jolla
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 2
LOAN AMT: 652,250.00
P & I AMT: 4,418.03
UPB AMT: 652,250.00
0 TOTAL NUM OF LOANS: 2707
LOAN AMT: 902,440,573.33
P & I AMT: 6,224,917.32
UPB AMT: 901,613,269.65
<PAGE>
EXHIBIT D
FORM OF SERVICER'S CERTIFICATE
_________________, ______
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1998-13
Pursuant to the Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement") between GE Capital
Mortgage Services, Inc. (the "Company"), and State Street Bank
and Trust Company (the "Trustee"), governing the Certificates
referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the
Determination Date for this month:
A. Mortgage Loan Information:
(1) Aggregate Scheduled Monthly Payments:
(a) Principal $________
(b) Interest $________
(c) Total $________
(2) Aggregate Monthly Payments received and
Monthly Advances made this Month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(3) Aggregate Principal Prepayments in part
received and applied in the applicable
Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(4) Aggregate Principal Prepayments in full
received in the applicable Prepayment
Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
<PAGE>
(5) Aggregate Insurance Proceeds (including
purchases of Mortgage Loans by primary
mortgage insurers) for prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(6) Aggregate Liquidation Proceeds for
prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(7) Aggregate Purchase Prices for Defaulted
and Modified Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(8) Aggregate Purchase Prices (and
substitution adjustments) for Defective
Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(9) Pool Scheduled Principal Balance: $________
(10) Available Funds: $________
(11) Realized Losses for prior month: $________
(12) Aggregate Realized Losses and Debt
Service Reductions:
(a) Deficient Valuations $________
(b) Special Hazard Losses $________
(c) Fraud Losses $________
(d) Excess Bankruptcy Losses $________
(e) Excess Special Hazard Losses $________
(f) Excess Fraud Losses $________
(g) Debt Service Reductions $________
(13) Compensating Interest Payment: $________
D-2
<PAGE>
(14) Accrued Certificate Interest, Unpaid Class
Interest Shortfalls and Pay-out Rate:
Class A1 $__________ $__________ ____%
Class A2 $__________ $__________ ____%
Class A3 $__________ $__________ ____%
Class A5 $__________ $__________ ____%
Class A6 $__________ $__________ ____%
Class A7 $__________ $__________ ____%
Class A8 $__________ $__________ ____%
Class A9 $__________ $__________ ____%
Class A10 $__________ $__________ ____%
Class A11 $__________ $__________ ____%
Class A12 $__________ $__________ ____%
Class A13 $__________ $__________ ____%
Class A14 $__________ $__________ ____%
Class A15 $__________ $__________ ____%
Class A16 $__________ $__________ ____%
Class A17 $__________ $__________ ____%
Class A18 $__________ $__________ ____%
Class A19 $__________ $__________ ____%
Class A20 $__________ $__________ ____%
Class A21 $__________ $__________ ____%
Class A22 $__________ $__________ ____%
Class A23 $__________ $__________ ____%
Class A24 $__________ $__________ ____%
Class A25 $__________ $__________ ____%
Class A26 $__________ $__________ ____%
Class M $__________ $__________ ____%
Class B1 $__________ $__________ ____%
Class B2 $__________ $__________ ____%
Class B3 $__________ $__________ ____%
Class B4 $__________ $__________ ____%
Class B5 $__________ $__________ ____%
Class R $__________ $__________ ____%
Class RL $__________ $__________ ____%
(15) Accrual Amount:
Class A19 $__________
(16) Principal distributable:
Class A1 $__________
Class A2 $__________
D-3
<PAGE>
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class A23 $__________
Class A24 $__________
Class A25 $__________
Class A26 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
Class RL $__________
(17) Additional distributions to the Class RL
Certificates pursuant to Sections 2.05(d) and
the Class R Certificates pursuant to
Section 4.01(b):
Class RL $__________
Class R $__________
(18) Distributions Allocable to Unanticipated
Recoveries:
D-4
<PAGE>
Class A1 __________
Class A2 __________
Class A3 __________
Class A4 __________
Class A5 __________
Class A6 __________
Class A7 __________
Class A8 __________
Class A9 __________
Class A10 __________
Class A12 __________
Class A13 __________
Class A14 __________
Class A15 __________
Class A16 __________
Class A17 __________
Class A18 __________
Class A19 __________
Class A20 __________
Class A21 __________
Class A22 __________
Class A23 __________
Class A24 __________
Class A25 __________
Class A26 __________
Class PO __________
Class M __________
Class B1 __________
Class B2 __________
Class B3 __________
Class B4 __________
Class B5 __________
Class R __________
Class RL __________
B. Other Amounts:
1. Senior Percentage for such
Distribution Date: _____________%
2. Senior Prepayment Percentage
for such Distribution Date: _____________%
D-5
<PAGE>
3. Junior Percentage for such
Distribution Date: _____________%
4. Junior Prepayment Percentage
for such Distribution Date: _____________%
5. Group II Senior Percentage
for such Distribution Date: _____________%
6. Group II Senior Scheduled
Distribution Percentage for
such Distribution Date: _____________%
7. Group II Senior Prepayment
Distribution Percentage
for such Distribution Date: _____________%
8. Subordinate Certificate
Writedown Amount for such
Distribution Date: $_____________
9. Prepayment Distribution
Triggers satisfied: Yes No
Class B1 _____ _____
Class B2 _____ _____
Class B3 _____ _____
Class B4 _____ _____
Class B5 _____ _____
10. Base Servicing Fee: $___________
11. Supplemental Servicing Fee: $___________
Capitalized terms used in this Certificate shall have
the same meanings as in the Agreement.
D-6
<PAGE>
EXHIBIT E
FORM OF TRANSFER CERTIFICATE AS TO ERISA MATTERS FOR
DEFINITIVE ERISA-RESTRICTED CERTIFICATES
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
Boston, Massachusetts 02110
[NAME OF OFFICER] ______________________ hereby certifies that:
1. That he [she] is [title of officer] _______________ of
[name of Investor] _______________________________________ (the
"Investor"), a ________________________________ [description of
type of entity] duly organized and existing under the laws of the
[State of ____________] [United States], on behalf of which he
[she] makes this affidavit.
2. The Investor (i) is not, and on ________________ [insert
date of transfer of Certificate to Investor] will not be, and on
such date will not be investing the funds of, an employee benefit
plan subject to the Employee Retirement Income Security Act of
1974, as amended ("ERISA") or a plan subject to Section 4975 of
the Code or (ii) is an insurance company investing assets of its
general account and the exemptions provided by Section III(a) of
Department of Labor Prohibited Transaction Class Exemption 95-60,
60 Fed. Reg. 35925 (July 12, 1995) (the "Exemptions") apply to
the Investor's acquisition and holding or any ERISA-Restricted
Certificate.
3. The Investor hereby acknowledges that under the terms of
the Pooling and Servicing Agreement (the "Agreement") between
State Street Bank and Trust Company, as Trustee and GE Capital
Mortgage Services, Inc., dated as of August 1, 1998, no transfer
of any ERISA-Restricted Certificate shall be permitted to be made
to any person unless the Trustee has received (i) a certificate
from such transferee to the effect that (x) such transferee is
not an employee benefit plan subject to ERISA or a plan subject
to Section 4975 of the Code (a "Plan") and is not using the
assets of any such employee benefit or other plan to acquire any
such Certificate or (y) such transferee is an insurance company
investing assets of its general account and the Exemptions apply
to such transferee's acquisition and holding of any such
Certificate or (ii) an opinion of counsel satisfactory to the
Trustee to the effect that the purchase and holding of any such
Certificate will not constitute or result in the assets of the
Trust Fund created by the Agreement being deemed to be "plan
assets" and subject to the prohibited transaction provisions of
ERISA or Section 4975 of the Code and will not subject the
Trustee or the Company to any obligation in addition to those
undertaken in the Agreement (provided, however, that the Trustee
<PAGE>
will not require such certificate or opinion in the event that,
as a result of change of law or otherwise, counsel satisfactory
to the Trustee has rendered an opinion to the effect that the
purchase and holding of any such Certificate by a Plan or a
Person that is purchasing or holding any such Certificate with
the assets of a Plan will not constitute or result in a
prohibited transaction under ERISA or Section 4975 of the Code).
[4. The ERISA-Restricted Certificates shall be registered
in the name of ______________________________________________ as
nominee for the Investor.] IN WITNESS WHEREOF, the Investor has
caused this instrument to be executed on its behalf, pursuant to
authority of its Board of Directors, by its [title of officer]
__________________ and its corporate seal to be hereunder
attached, attested by its [Assistant] Secretary, this ____ day of
_________, 199_.
__________________________________
[name of Investor]
By:_______________________________
Name:
Title:
The undersigned hereby
acknowledges that it is holding
and will hold the ERISA-Restricted
Certificates at the exclusive
direction of and as nominee of
the Investor named above.
_______________________________
[name of nominee]
By:____________________________
Name:
Title:
E-2
<PAGE>
EXHIBIT F
FORM OF RESIDUAL CERTIFICATE TRANSFEREE AFFIDAVIT
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], _________________ being first duly sworn,
deposes and says:
1. That he [she] is [title of officer] __________________
of [name of Purchaser] _________________________________________
(the "Purchaser"), a _________________ ____________________
[description of type of entity] duly organized and existing under
the laws of the [State of __________] [United States], on behalf
of which he [she] makes this affidavit.
2. That the Purchaser's Taxpayer Identification Number is
[ ].
3. That the Purchaser is not a "disqualified organization"
within the meaning of Section 860E(e)(5) of the Internal Revenue
Code of 1986, as amended (the "Code") and will not be a
"disqualified organization" as of [date of transfer], and that
the Purchaser is not acquiring a Residual Certificate (as defined
below) for the account of, or as agent (including a broker,
nominee, or other middleman) for, any person or entity from which
it has not received an affidavit substantially in the form of
this affidavit. For these purposes, a "disqualified organization"
means the United States, any state or political subdivision
thereof, any foreign government, any international organization,
any agency or instrumentality of any of the foregoing (other than
an instrumentality if all of its activities are subject to tax
and a majority of its board of directors is not selected by such
governmental entity), any cooperative organization furnishing
electric energy or providing telephone service to persons in
rural areas as described in Code Section 1381(a)(2)(C), or any
organization (other than a farmers' cooperative described in Code
Section 521) that is exempt from federal income tax unless such
organization is subject to the tax on unrelated business income
imposed by Code Section 511. As used herein, "Residual
Certificate" means any Certificate designated as a "Class R
Certificate" or "Class RL Certificate" of GE Capital Mortgage
Services, Inc.'s REMIC Multi-Class Pass-Through Certificates,
Series 1998-13.
4. That the Purchaser is not, and on __________ [insert
date of transfer of Residual Certificate to Purchaser] will not
be, and is not and on such date will not be investing the assets
of, an employee benefit plan subject to the Employee Retirement
Income Security Act of 1974, as amended ("ERISA"), or a plan
subject to Code Section 4975 or a person or entity that is using
the assets of any employee benefit plan or other plan to acquire
a Residual Certificate.
<PAGE>
5. That the Purchaser hereby acknowledges that under the
terms of the Pooling and Servicing Agreement (the "Agreement")
between State Street Bank and Trust Company, as Trustee, and GE
Capital Mortgage Services, Inc., dated as of August 1, 1998, no
transfer of the Residual Certificates shall be permitted to be
made to any person unless the Trustee has received a certificate
from such transferee to the effect that such transferee is not an
employee benefit plan subject to ERISA or a plan subject to
Section 4975 of the Code and is not using the assets of any
employee benefit plan or other plan to acquire Residual
Certificates.
6. That the Purchaser does not hold REMIC residual
securities as nominee to facilitate the clearance and settlement
of such securities through electronic book-entry changes in
accounts of participating organizations (such entity, a
"Book-Entry Nominee").
7. That the Purchaser does not have the intention to impede
the assessment or collection of any federal, state or local taxes
legally required to be paid with respect to such Residual
Certificate.
8. That the Purchaser will not transfer a Residual
Certificate to any person or entity (i) as to which the Purchaser
has actual knowledge that the requirements set forth in paragraph
3, paragraph 6 or paragraph 10 hereof are not satisfied or that
the Purchaser has reason to believe does not satisfy the
requirements set forth in paragraph 7 hereof, and (ii) without
obtaining from the prospective Purchaser an affidavit
substantially in this form and providing to the Trustee a written
statement substantially in the form of Exhibit G to the
Agreement.
9. That the Purchaser understands that, as the holder of a
Residual Certificate, the Purchaser may incur tax liabilities in
excess of any cash flows generated by the interest and that it
intends to pay taxes associated with holding such Residual
Certificate as they become due.
10. That the Purchaser (i) is not a Non-U.S. Person or (ii)
is a Non-U.S. Person that holds a Residual Certificate in
connection with the conduct of a trade or business within the
United States and has furnished the transferor and the Trustee
with an effective Internal Revenue Service Form 4224 or successor
form at the time and in the manner required by the Code or (iii)
is a Non-U.S. Person that has delivered to both the transferor
and the Trustee an opinion of a nationally recognized tax counsel
to the effect that the transfer of such Residual Certificate to
it is in accordance with the requirements of the Code and the
regulations promulgated thereunder and that such transfer of a
Residual Certificate will not be disregarded for federal income
tax purposes. "Non-U.S. Person" means an individual, corporation,
partnership or other person other than a citizen or resident of
the United States, a corporation, partnership or other entity
created or organized in or under the laws of the United States or
any political subdivision thereof, or an estate or trust that is
subject to U.S. federal income tax regardless of the source of
its income.
11. That the Purchaser agrees to such amendments of the
Pooling and Servicing Agreement as may be required to further
effectuate the restrictions on transfer of any Residual
F-2
<PAGE>
Certificate to such a "disqualified organization," an agent
thereof, a Book-Entry Nominee, or a person that does not satisfy
the requirements of paragraph 7 and paragraph 10 hereof.
12. That the Purchaser consents to the designation of the
Company as its agent to act as "tax matters person" of the Upper
Tier REMIC or Lower Tier REMIC, as applicable, pursuant to the
Pooling and Servicing Agreement.
F-3
<PAGE>
IN WITNESS WHEREOF, the Purchaser has caused this
instrument to be executed on its behalf, pursuant to authority of
its Board of Directors, by its [title of officer] this _____ day
of __________, 19__.
_________________________________
[name of Purchaser]
By:______________________________
Name:
Title:
Personally appeared before me the above-named [name of officer]
________________, known or proved to me to be the same person who
executed the foregoing instrument and to be the [title of
officer] _________________ of the Purchaser, and acknowledged to
me that he [she] executed the same as his [her] free act and deed
and the free act and deed of the Purchaser.
Subscribed and sworn before me this _____ day of __________,
19__.
NOTARY PUBLIC
______________________________
COUNTY OF_____________________
STATE OF______________________
My commission expires the _____ day of __________, 19__.
F-4
<PAGE>
EXHIBIT G
[LETTER FROM TRANSFEROR OF RESIDUAL CERTIFICATE]
___________________
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass-Through
Certificates, Series 1998-13
Ladies and Gentlemen:
_______________________ (the "Transferor") has
reviewed the attached affidavit of _____________________________
(the "Transferee"), and has no actual knowledge that such
affidavit is not true and has no reason to believe that the
information contained in paragraph 7 thereof is not true, and has
no reason to believe that the Transferee has the intention to
impede the assessment or collection of any federal, state or
local taxes legally required to be paid with respect to a
Residual Certificate. In addition, the Transferor has conducted a
reasonable investigation at the time of the transfer and found
that the Transferee had historically paid its debts as they came
due and found no significant evidence to indicate that the
Transferee will not continue to pay its debts as they become due.
Very truly yours,
___________________________
Name:
Title:
<PAGE>
EXHIBIT H
ADDITIONAL SERVICER COMPENSATION
QUALIFIED ADMINISTRATIVE EXPENSES
(Conventional, Non-Conforming Loans)
Assumption Fees $550 - $800
Late Charges Per Loan Documents
Appraisal/Inspection Fees Reasonable and Customary
Charges
Partial Release Fees $300
Easements $150
Insufficient Funds Charges $15
Document Requests (copies of
loan file documents, additional
pay-off quotations, amortization
schedules, payment histories) $0
Modification Fees Reasonable and Customary
Charges
<PAGE>
EXHIBIT I
FORM OF INVESTMENT LETTER FOR
DEFINITIVE RESTRICTED CERTIFICATES
___________________
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass Through
Certificates, Series 1998-13
Ladies and Gentlemen:
1. The undersigned, a [title of officer] _____________
of [name of Investor] _________________________________________
(the "Investor"), a ______________ ___________________
[description of type of entity] duly organized and existing under
the laws of the [State of __________________] [United States],
hereby certifies as follows:
2. The Investor hereby acknowledges that under the
terms of the Pooling and Servicing Agreement between State Street
Bank and Trust Company, as Trustee, and GE Capital Mortgage
Services, Inc. (the "Company"), dated as of August 1, 1998 (the
"Agreement"), no transfer of a Restricted Certificate may be made
unless such transfer is exempt from the registration requirements
of the Securities Act of 1933, as amended (the "Securities Act"),
and any applicable state securities laws, or is made in
accordance with the Securities Act and such laws.
3. The Investor understands that (a) the Restricted
Certificates have not been and will not be registered or
qualified under the Securities Act, or the securities laws of any
state, (b) neither the Company nor the Trustee is required, and
neither intends, to so register or qualify the Restricted
Certificates, (c) the Restricted Certificates cannot be resold
unless (i) they are registered and qualified under the Securities
Act and the applicable state securities laws or (ii) such sale is
exempt from the requirements of the Securities Act, (d) the
Agreement contains restrictions regarding the transfer of the
Restricted Certificates and (e) the Restricted Certificates will
bear a legend to the foregoing effect.
<PAGE>
4. The Investor is acquiring the Restricted
Certificates for its own account for investment only and not with
a view to or for sale or other transfer in connection with any
distribution of the Restricted Certificates in any manner that
would violate the Securities Act or any applicable state
securities laws.
5. The Investor (a) is a substantial, sophisticated
institutional investor having such knowledge and experience in
financial and business matters, and in particular in such matters
related to securities similar to the Restricted Certificates,
such that it is capable of evaluating the merits and risks of
investment in the Restricted Certificates, (b) is able to bear
the economic risks of such an investment and (c) is an
"accredited investor" within the meaning of Rule 501(a)(1), (2),
(3) or (7) promulgated pursuant to the Securities Act.
6. The Investor will not authorize nor has it
authorized any person to (a) offer, pledge, sell, dispose of or
otherwise transfer any Restricted Certificate, any interest in
any Restricted Certificate or any other similar security to any
person in any manner, (b) solicit any offer to buy or to accept a
pledge, disposition or other transfer of any Restricted
Certificate, any interest in any Restricted Certificate or any
other similar security from any person in any manner, (c)
otherwise approach or negotiate with respect to any Restricted
Certificate, any interest in any Restricted Certificate or any
other similar security with any person in any manner, (d) make
any general solicitation by means of general advertising or in
any other manner, or (e) take any other action that would
constitute a distribution of any Restricted Certificate under the
Securities Act, that would render the disposition of any
Restricted Certificate a violation of Section 5 of the Securities
Act or any state securities law, or that could require
registration or qualification pursuant thereto. Neither the
Investor nor anyone acting on its behalf has offered the
Restricted Certificates for sale or made any general solicitation
by means of general advertising or in any other manner with
respect to the Restricted Certificates. The Investor will not
sell or otherwise transfer any of the Restricted Certificates,
except in compliance with the provisions of the Agreement.
7. If an Investor in a Restricted Certificate sells or
otherwise transfers any such Certificate to a transferee other
than a "qualified institutional buyer" under Rule 144A of the
Securities Act, such Investor will obtain (a) from any subsequent
purchaser the same certifications, representations, warranties
and covenants contained in the foregoing paragraphs and in this
paragraph or (b) an opinion of counsel in form and substance
satisfactory to the Trustee pursuant to the Agreement.
8. The Investor hereby indemnifies the Trustee and the
Company against any liability that may result if the Investor's
transfer of a Restricted Certificate (or any portion thereof) is
not exempt from the registration requirements of the Securities
Act and any applicable state securities laws or is not made in
accordance with such federal and state laws. Such indemnification
of the Trustee and the Company shall survive the termination of
the Agreement.
[9. The Restricted Certificates shall be registered in
the name of _____________________________ as nominee for the
Investor.]
I-2
<PAGE>
IN WITNESS WHEREOF, the Investor has caused this
instrument to be executed on its behalf, pursuant to authority of
its Board of Directors, by its [title of officer] _____________
this _____ day of __________, 19__.
_________________________________
[name of Investor]
By:______________________________
Name:
Title:
The undersigned hereby
acknowledges that it is holding
and will hold the Restricted
Certificates at the exclusive
direction of and as nominee
of the Investor named above.
_____________________________
[name of nominee]
By:__________________________
Name:
Title:
I-3
<PAGE>
EXHIBIT J
FORM OF DISTRIBUTION DATE STATEMENT
_________________, ______
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1998-13
Pursuant to the Pooling and Servicing Agreement dated
as of August 1, 1998 (the "Agreement") between GE Capital
Mortgage Services, Inc. (the "Company"), and State Street Bank
and Trust Company (the "Trustee"), governing the Certificates
referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the
Determination Date for this month:
The amounts below are for a Single Certificate of
$1,000:
(1) Amount of distribution allocable to principal:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class A23 $__________
Class A24 $__________
Class A25 $__________
<PAGE>
Class A26 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
Class RL $__________
(2) Aggregate principal prepayments included in
distribution:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class A23 $__________
Class A24 $__________
Class A25 $__________
Class A26 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
J-2
<PAGE>
Class B5 $__________
Class R $__________
Class RL $__________
(3) Amount of distribution allocable to interest;
Pay-out Rate:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class A18 $__________ ____%
Class A19 $__________ ____%
Class A20 $__________ ____%
Class A21 $__________ ____%
Class A22 $__________ ____%
Class A23 $__________ ____%
Class A24 $__________ ____%
Class A25 $__________ ____%
Class A26 $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
Class RL $__________ ____%
(4) Accrual Amount:
Class A19 $__________
(5) Amount of distribution allocable to Unanticipated
Recoveries:
J-3
<PAGE>
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class A18 $__________ ____%
Class A19 $__________ ____%
Class A20 $__________ ____%
Class A21 $__________ ____%
Class A22 $__________ ____%
Class A23 $__________ ____%
Class A24 $__________ ____%
Class A25 $__________ ____%
Class A26 $__________ ____%
Class PO $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
Class RL $__________ ____%
(6) Servicing Compensation: $__________
The amounts below are for the aggregate of all
Certificates:
(7) Pool Scheduled Principal
Balance; number of
Mortgage Loans: $__________ __________
J-4
<PAGE>
(8) Class Certificate Principal Balance (or Notional
Principal Balance) of each Class; Certificate
Principal Balance (or Notional Principal Balance)
of Single Certificate of each Class:
Single
Certificate
Class Balance Balance
----- ------- -------
Class A1 $__________ $__________
Class A2 $__________ $__________
Class A3 $__________ $__________
Class A4 $__________ $__________
Class A5 $__________ $__________
Class A6 $__________ $__________
Class A7 $__________ $__________
Class A8 $__________ $__________
Class A9 $__________ $__________
Class A10 $__________ $__________
Class A11 $__________ $__________
Class A12 $__________ $__________
Class A13 $__________ $__________
Class A14 $__________ $__________
Class A15 $__________ $__________
Class A16 $__________ $__________
Class A17 $__________ $__________
Class A18 $__________ $__________
Class A19 $__________ $__________
Class A20 $__________ $__________
Class A21 $__________ $__________
Class A22 $__________ $__________
Class A23 $__________ $__________
Class A24 $__________ $__________
Class A25 $__________ $__________
Class A26 $__________ $__________
Class PO $__________ $__________
Class M $__________ $__________
Class B1 $__________ $__________
Class B2 $__________ $__________
Class B3 $__________ $__________
Class B4 $__________ $__________
Class B5 $__________ $__________
J-5
<PAGE>
Class R $__________ $__________
Class RL $__________ $__________
(9) Book value of real
estate acquired on
behalf of Certificate-
holders; number of
related Mortgage Loans: $__________ __________
(10) Aggregate Scheduled
Principal Balance and
number of delinquent
Mortgage Loans:
30-59 days delinquent $__________ __________
60-89 days delinquent $__________ __________
90 or more days delinquent $__________ __________
In foreclosure $__________ __________
(11) Aggregate Scheduled
Principal Balance
and number of replaced
Mortgage Loans: $__________ __________
(12) Aggregate Scheduled
Principal Balance and
number of modified
Mortgage Loans: $__________ __________
(13) Senior Percentage for
such Distribution Date: __________%
(14) Senior Prepayment
Percentage for such
Distribution Date: __________%
(15) Group II Senior
Percentage for such
Distribution Date: __________%
(16) Group II Senior
Scheduled Distribution
Percentage for such
Distribution Date: __________%
(17) Group II Senior
Prepayment Distribution
Percentage for such
Distribution Date: __________%
(18) Junior Percentage for
such Distribution Date: __________%
(19) Junior Prepayment
Percentage for such
Distribution Date: __________%
J-6
<PAGE>
Capitalized terms used in this Statement shall have
the same meanings as in the Agreement.
J-7
<PAGE>
EXHIBIT K
FORM OF SPECIAL SERVICING
AND COLLATERAL FUND AGREEMENT
This SPECIAL SERVICING AND COLLATERAL FUND AGREEMENT
(the "Agreement") is made and entered into as of
____________________, 199_, between GE Capital Mortgage Services,
Inc. (the "Company") and _____________________________ (the
"Purchaser").
PRELIMINARY STATEMENT
___________________________ or an affiliate thereof is
the holder of the entire interest in REMIC Multi-Class
Pass-Through Certificates, Series 199_-__, Class B_ (the "Class
B_ Certificates"). The Class B_ Certificates were issued pursuant
to a Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of ________ 1, 199_ between the Company (in
its capacity as servicer thereunder, the "Servicer") and State
Street Bank and Trust Company as Trustee.
____________________________ or an affiliate thereof
intends to resell all of the Class B_ Certificates directly to
the Purchaser on or promptly after the date hereof.
In connection with such sale, the parties hereto have
agreed that the Company, as Servicer, will engage in certain
special servicing procedures relating to foreclosures for the
benefit of the Purchaser, and that the Purchaser will deposit
funds in a collateral fund to cover any losses attributable to
such procedures as well as all advances and costs in connection
therewith, as set forth herein.
[The parties hereto have further agreed that the
Purchaser will have no rights, and the Company will have no
obligations under this Agreement until the Class Certificate
Principal Balance of the REMIC Multi-Class Pass-Through
Certificates, Series 199_-__, Class B5 (the "Class B5
Certificates") has been reduced to zero, and any Special
Servicing and Collateral Fund Agreement in respect of such Class
between the Company and the Purchaser has been terminated.]
In consideration of the mutual agreements herein
contained, the receipt and sufficiency of which are hereby
acknowledged, the Company and the Purchaser agree that the
following provisions shall become effective and shall be binding
on and enforceable by the Company and the Purchaser upon the
acquisition by the Purchaser of the Class B_ Certificates.
<PAGE>
ARTICLE I
DEFINITIONS
Section 1.01. Defined Terms. Whenever used in this
Agreement, the following words and phrases, unless the context
otherwise requires, shall have the following meanings:
Business Day: Any day other than (i) a Saturday or a
Sunday of (ii) a day on which banking institutions in New York
City or Boston, Massachusetts are required or authorized by law
or executive order to be closed.
Collateral Fund: The fund established and maintained
pursuant to Section 3.01 hereof.
Collateral Fund Permitted Investments: Either (i)
obligations of, or obligations fully guaranteed as to principal
and interest by, the United States, or any agency or
instrumentality thereof, provided such obligations are backed by
the full faith and credit of the United States, (ii) repurchase
agreements on obligations specified in clause (i) provided that
the unsecured obligations of the party agreeing to repurchase
such obligations are at the time rated by each Rating Agency in
the highest long-term rating category, (iii) federal funds,
certificates of deposit, time deposits and banker's acceptances
of any U.S. depository institution or trust company incorporated
under the laws of the United States or any state provided that
the debt obligations of such depository institution or trust
company at the date of acquisition thereof have been rated by
each Rating Agency in the highest long-term rating category, (iv)
commercial paper of any corporation incorporated under the laws
of the United States or any state thereof which on the date of
acquisition has the highest short term rating of each Rating
Agency, and (v) other obligations or securities that are
acceptable to each Rating Agency as a Collateral Fund Permitted
Investment hereunder and will not, as evidenced in writing,
result in a reduction or withdrawal in the then current rating of
the Certificates and, for each of the preceding clauses, the
maturity thereof shall be not later than the earlier to occur of
(A) 30 days from the date of the related investment and (B) the
Business Day preceding the next succeeding Distribution Date.
Commencement of Foreclosure: The first official action
required under local law in order to commence foreclosure
proceedings or to schedule a trustee's sale under a deed of
trust, including (i) in the case of a mortgage, any filing or
service of process necessary to commence an action to foreclose,
or (ii) in the case of a deed of trust, the posting, publishing,
filing or delivery of a notice of sale, but not including in
either case (x) any notice of default, notice of intent to
foreclose or sell or any other action prerequisite to the actions
specified in (i) or (ii) above and, upon the consent of the
Purchaser which will be deemed given unless expressly withheld
within two Business Days of notification, (y) the acceptance of a
deed-in-lieu of foreclosure (whether in connection with a sale of
the related property or otherwise) or (z) initiation and
completion of a short pay-off.
Current Appraisal: With respect to any Mortgage Loan
as to which the Purchaser has made an Election to Delay
Foreclosure, an appraisal of the related Mortgaged Property
K-2
<PAGE>
obtained by the Purchaser as nearly contemporaneously as
practicable to the time of the Purchaser's election, prepared
based on the Company's customary requirements for such
appraisals.
Election to Delay Foreclosure: Any election by the
Purchaser to delay the Commencement of Foreclosure, made in
accordance with Section 2.02(b).
Election to Foreclose: Any election by the Purchaser
to proceed with the Commencement of Foreclosure, made in
accordance with Section 2.03(a).
Required Collateral Fund Balance: As of any date of
determination, an amount equal to the aggregate of all amounts
previously required to be deposited in the Collateral Fund
pursuant to Section 2.02(d) (after adjustments for all
withdrawals and deposits prior to such date pursuant to Section
2.02(e)) and Section 2.03(b) (after adjustment for all
withdrawals and deposits prior to such date pursuant to Section
2.03(c)) and Section 3.02, reduced by all withdrawals therefrom
prior to such date pursuant to Section 2.02(g) and Section
2.03(d).
Section 1.02. Definitions Incorporated by Reference.
All capitalized terms not otherwise defined in this Agreement
shall have the meanings assigned in the Pooling and Servicing
Agreement.
ARTICLE II
SPECIAL SERVICING PROCEDURES
Section 2.01. Reports and Notices.
(a) In connection with the performance of its duties under
the Pooling and Servicing Agreement relating to the realization
upon defaulted Mortgage Loans, the Company as Servicer shall
provide to the Purchaser the following notices and reports:
(i) Within five Business Days after each Distribution
Date (or included in or with the monthly statements to
Certificateholders pursuant to the Pooling and Servicing
Agreement), the Company, as Servicer, shall provide to the
Purchaser a report, using the same methodology and
calculations in its standard servicing reports, indicating
for the Trust Fund the number of Mortgage Loans that are
(A) thirty days, (B) sixty days, (C) ninety days or more
delinquent or (D) in foreclosure, and indicating for each
such Mortgage Loan the loan number and outstanding
principal balance.
(ii) Prior to the Commencement of Foreclosure in
connection with any Mortgage Loan, the Company shall
provide the Purchaser with a notice (sent by facsimile
transmission) of such proposed and imminent foreclosure,
stating the loan number and the aggregate amount owing
under the Mortgage Loan. Such notice may be provided to the
Purchaser in the form of a copy of a referral letter from
the Company to an attorney
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requesting the institution of foreclosure or a copy of a
request to foreclose received by the Company from the
related primary servicer which has been approved by the
Company.
(b) If requested by the Purchaser, the Company shall make
its servicing personnel available (during their normal business
hours) to respond to reasonable inquiries, in writing by
facsimile transmission, by the Purchaser in connection with any
Mortgage Loan identified in a report under subsection (a)(i) or
(a)(ii) which has been given to the Purchaser, provided, that (1)
the Company shall only be required to provide information that is
readily accessible to its servicing personnel and is
non-confidential and (2) the Company shall respond within five
Business Days orally or in writing by facsimile transmission.
(c) In addition to the foregoing, the Company shall provide
to the Purchaser such information as the Purchaser may reasonably
request concerning each Mortgage Loan that is at least sixty days
delinquent and each Mortgage Loan which has become real estate
owned, through the final liquidation thereof, provided, that the
Company shall only be required to provide information that is
readily accessible to its servicing personnel and is
non-confidential.
Section 2.02. Purchaser's Election to Delay Foreclosure
Proceedings.
(a) The Purchaser shall be deemed to direct the Company
that in the event that the Company does not receive written
notice of the Purchaser's election pursuant to subsection (b)
below within 24 hours (exclusive of any intervening non-Business
Days) of transmission of the notice provided by the Company under
Section 2.01(a)(ii) subject to extension as set forth in Section
2.02(b), the Company may proceed with the Commencement of
Foreclosure in respect of such Mortgage Loan in accordance with
its normal foreclosure policies without further notice to the
Purchaser. Any foreclosure that has been initiated may be
discontinued (i) without notice to the Purchaser if the Mortgage
Loan has been brought current or if a refinancing or prepayment
occurs with respect to the Mortgage Loan (including by means of a
short payoff approved by the Company) or (ii) with notice to the
Purchaser if the Company has reached the terms of a forbearance
agreement with the borrower. In such latter case the Company may
complete such forbearance agreement unless instructed otherwise
by the Purchaser within two Business Days of notification.
(b) In connection with any Mortgage Loan with respect to
which a notice under Section 2.01(a)(ii) has been given to the
Purchaser, the Purchaser may elect to instruct the Company to
delay the Commencement of Foreclosure until such time as the
Purchaser determines that the Company may proceed with the
Commencement of Foreclosure. Such election must be evidenced by
written notice received within 24 hours (exclusive of any
intervening non-Business Days) of transmission of the notice
provided by the Company under Section 2.01(a)(ii). The Purchaser
shall send a copy of such notice of election to each Rating
Agency as soon as practicable thereafter. Such 24-hour period
shall be extended for no longer than an additional four Business
Days after the receipt of the information if the Purchaser
requests additional information related to such foreclosure
within such 24-hour period; provided, however, that the Purchaser
will have at least one Business Day to make such election
following its receipt of any requested additional information.
Any such additional information shall (i) not be confidential in
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<PAGE>
nature and (ii) be obtainable by the Company from existing
reports, certificates or statements or otherwise be readily
accessible to its servicing personnel. The Purchaser agrees that
it has no right to deal with the mortgagor. However, if the
Company's normal foreclosure policies include acceptance of a
deed-in-lieu of foreclosure or short payoff, the Purchaser will
be notified and given two Business Days to respond.
(c) With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, the
Purchaser shall obtain a Current Appraisal as soon as
practicable, and shall provide the Company with a copy of such
Current Appraisal.
(d) Within two Business Days of making any Election to
Delay Foreclosure, the Purchaser shall remit by wire transfer to
the Trustee, for deposit in the Collateral Fund, an amount, as
calculated by the Company, equal to the sum of (i) 125% of the
greater of the Scheduled Principal Balance of the Mortgage Loan
and the value shown in the Current Appraisal referred to in
subsection (c) above (or, if such Current Appraisal has not yet
been obtained, the Company's estimate thereof, in which case the
required deposit under this subsection shall be adjusted upon
obtaining such Current Appraisal), and (ii) three months'
interest on the Mortgage Loan at the applicable Mortgage Rate. If
any Election to Delay Foreclosure extends for a period in excess
of three months (such excess period being referred to herein as
the "Excess Period"), the Purchaser shall remit by wire transfer
in advance to the Trustee for deposit in the Collateral Fund the
amount of each additional month's interest, as calculated by the
Company, equal to interest on the Mortgage Loan as the applicable
Mortgage Rate for the Excess Period. The terms of this Agreement
will no longer apply to the servicing of any Mortgage Loan upon
the failure of the Purchaser to deposit the above amounts
relating to the Mortgage Loan within two Business Days of (i) the
Election to Delay Foreclosure or (ii) the beginning of the
related Excess Period, as the case may be.
(e) With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, the Company
or the Trustee may withdraw from the Collateral Fund from time to
time amounts necessary to reimburse the Company for all related
Monthly Advances and Liquidation Expenses thereafter made by the
Company as Servicer in accordance with the Pooling and Servicing
Agreement. To the extent that the amount of any such Liquidation
Expense is determined by the Company based on estimated costs,
and the actual costs are subsequently determined to be higher,
the Company or the Trustee may withdraw the additional amount
from the Collateral Fund to reimburse the Company. In the event
that the Mortgage Loan is brought current by the mortgagor, the
amounts so withdrawn from the Collateral Fund shall be
redeposited therein as and to the extent that reimbursement
therefor from amounts paid by the mortgagor is not prohibited
pursuant to the Pooling and Servicing Agreement as of the date
hereof. Except as provided in the preceding sentence, amounts
withdrawn from the Collateral Fund to cover Monthly Advances and
Liquidation Expenses shall not be redeposited therein or
otherwise reimbursed to the Purchaser. If and when any such
Mortgage Loan is brought current by the mortgagor, all amounts
remaining in the Collateral Fund in respect of such Mortgage Loan
(after adjustment for all previous withdrawals and deposits
pursuant to this
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<PAGE>
subsection and after reimbursement to the Servicer for all
related Monthly Advances) shall be released to the Purchaser.
(f) With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, the Company
shall continue to service the Mortgage Loan in accordance with
its customary procedures (other than the delay in Commencement of
Foreclosure as provided herein). If and when, following such
election, the Purchaser shall notify the Company that it believes
that it is appropriate to do so, the Company shall proceed with
the Commencement of Foreclosure; provided that, in any event, if
the Mortgage Loan is not brought current by the mortgagor by the
time the loan becomes 6 months delinquent, the Purchaser's
election shall no longer be effective, unless the Purchaser shall
have purchased the related Mortgage Loan promptly following (and
in any event not later than the third Business Day after) the end
of such 6-month period in the manner provided in the following
two sentences, and the Company shall be entitled to proceed with
the Commencement of Foreclosure. Any purchase of such Mortgage
Loan by the Purchaser pursuant to the preceding sentence shall be
at a purchase price equal to the unpaid principal balance of the
Mortgage Loan plus accrued interest at the Mortgage Rate from the
date last paid by the mortgagor. Such purchase price shall be
deposited by the Purchaser into the Collateral Fund in
immediately available funds on the Business Day which is the date
of purchase and the Purchaser shall instruct the Trustee (with
notice to the Company) to withdraw such amount therefrom on such
Business Day and remit the same to the Trust Fund for application
as Liquidation Proceeds pursuant to the Pooling and Servicing
Agreement. Following such withdrawal, all amounts remaining in
the Collateral Fund in respect of such Mortgage Loan (after
adjustment for all previous withdrawals and deposits pursuant to
this Agreement and after reimbursement to the Servicer for all
related Monthly Advances) shall be released to the Purchaser.
(g) Upon the occurrence of a liquidation with respect to
any Mortgage Loan as to which the Purchaser made an Election to
Delay Foreclosure and as to which the Company proceeded with the
Commencement of Foreclosure in accordance with subsection (f)
above, the Company shall calculate the amount, if any, by which
the value shown on the Current Appraisal obtained under
subsection (c) exceeds the actual sales price obtained for the
related Mortgaged Property (net of Liquidation Expenses and
unreimbursed Monthly Advances related to the extended foreclosure
period), and the Company or the Trustee shall withdraw the amount
of such excess from the Collateral Fund and shall remit the same
to the Trust Fund for application as additional Liquidation
Proceeds pursuant to the Pooling and Servicing Agreement. After
making such withdrawal, all amounts remaining in the Collateral
Fund in respect of such Mortgage Loan (after adjustment for all
withdrawals and deposits pursuant to subsection (e) and after
reimbursement to the Servicer for all related Monthly Advances)
shall be released to the Purchaser.
Section 2.03. Purchaser's Election to Commence Foreclosure
Proceedings.
(a) In connection with any Mortgage Loan identified in a
report under Section 2.01(a)(i)(B), the Purchaser may elect to
instruct the Company to proceed with the
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<PAGE>
Commencement of Foreclosure as soon as practicable. Such election
must be evidenced by written notice received by the Company by
5:00 p.m., New York City time, on the third Business Day
following the delivery of such report under Section 2.01(a)(i).
(b) Within two Business Days of making any Election to
Foreclose, the Purchaser shall remit to the Trustee, for deposit
in the Collateral Fund, an amount, as calculated by the Company,
equal to 125% of the current Scheduled Principal Balance of the
Mortgage Loan and three months' interest on the Mortgage Loan at
the applicable Mortgage Rate. If and when any such Mortgage Loan
is brought current by the mortgagor, all amounts in the
Collateral Fund in respect of such Mortgage Loan (after
adjustment for all withdrawals and deposits pursuant to
subsection (c) below) shall be released to the Purchaser. The
terms of this Agreement will no longer apply to the servicing of
any Mortgage Loan upon the failure of the Purchaser to deposit
the above amounts relating to the Mortgage Loan within two
Business Days of the Election to Foreclose.
(c) With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Foreclose, the Company shall
continue to service the Mortgage Loan in accordance with its
customary procedures. In connection therewith, the Company shall
have the same rights to make withdrawals for Monthly Advances and
Liquidation Expenses from the Collateral Fund as are provided
under Section 2.02(e), and the Company shall make reimbursements
thereto to the limited extent provided under such subsection. The
Company shall not be required to proceed with the Commencement of
Foreclosure if (i) the same is stayed as a result of the
mortgagor's bankruptcy or is otherwise barred by applicable law,
or to the extent that all legal conditions precedent thereto have
not yet been complied with, or (ii) the Company believes there is
a breach of representations or warranties by the Company, which
may result in a repurchase or substitution of such Mortgage Loan,
or (iii) the Company has or expects to have the right under the
Pooling and Servicing Agreement to purchase the defaulted
Mortgage Loan and intends to exercise such right or (iv) the
Company reasonably believes the Mortgaged Property may be
contaminated with or affected by hazardous wastes or hazardous
substances (and the Company supplies the Purchaser with
information supporting such belief) or (v) the same is prohibited
by or is otherwise inconsistent with the provisions of the
Pooling and Servicing Agreement. Any foreclosure that has been
initiated may be discontinued (i) without notice to the Purchaser
if the Mortgage Loan has been brought current or if a refinancing
or prepayment occurs with respect to the Mortgage Loan (including
by means of a short payoff approved by the Purchaser) or (ii)
with notice to the Purchaser if the Company has reached the terms
of a forbearance agreement unless instructed otherwise by the
Purchaser within two Business Days of notification.
(d) Upon the occurrence of a liquidation with respect to
any Mortgage Loan as to which the Purchaser made an Election to
Foreclose and as to which the Company proceeded with the
Commencement of Foreclosure in accordance with subsection (c)
above, the Company shall calculate the amount, if any, by which
the Scheduled Principal Balance of the Mortgage Loan at the time
of liquidation (plus all unreimbursed Monthly Advances and
Liquidation Expenses in connection therewith other than those
previously paid from the Collateral Fund) exceeds the actual
sales price obtained for the related Mortgaged Property, and the
Company or the Trustee
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<PAGE>
shall withdraw the amount of such excess from the Collateral Fund
and shall remit the same to the Trust Fund for application as
additional Liquidation Proceeds pursuant to the Pooling and
Servicing Agreement. After making such withdrawal, all amounts
remaining in the Collateral Fund (after adjustment for all
withdrawals and deposits pursuant to subsection (c) above and
after reimbursement to the Servicer for all related Monthly
Advances) in respect of such Mortgage Loan shall be released to
the Purchaser.
Section 2.04. Termination.
(a) With respect to all Mortgage Loans included in the
Trust Fund, the Purchaser's right to make any Election to Delay
Foreclosure or any Election to Foreclose and the Company's
obligations under Section 2.01 shall terminate on the earliest to
occur of the following: (i) at such time as the Class Certificate
Principal Balance of the Class B_ Certificates has been reduced
to zero, (ii) if the greater of (x) 43% (or such lower or higher
percentage that represents the Company's actual loss experience
with respect to the Mortgage Loans in the related pool) of the
aggregate principal balance of all Mortgage Loans that are in
foreclosure or are more than 90 days delinquent on a contractual
basis and the aggregate book value of REO properties or (y) the
aggregate amount that the Company estimates through its normal
servicing practices will be required to be withdrawn from the
Collateral Fund with respect to Mortgage Loans as to which the
Purchaser has made an Election to Delay Foreclosure or an
Election to Foreclose exceeds (z) the then-current Class
Certificate Principal Balance of the Class B_ Certificates, or
(iii) upon any transfer by the Purchaser of any interest (other
than the minority interest therein, but only if the transferee
provides written acknowledgment to the Company of the Purchaser's
right hereunder and that such transferee will have no rights
hereunder) in the Class B_ Certificates [or in the Class B5
Certificates] (whether or not such transfer is registered under
the Pooling and Servicing Agreement), including any such transfer
in connection with a termination of the Trust Fund. Unless
earlier terminated as set forth herein, this Agreement and the
respective rights, obligations and responsibilities of the
Purchaser and the Company hereunder shall terminate immediately
upon (x) the later to occur of (i) the final liquidation of the
last Mortgage Loan as to which the Purchaser made any Election to
Delay Foreclosure or any Election to Foreclose and the withdrawal
of all remaining amounts in the Collateral Fund as provided
herein and (ii) ten (10) Business Days' notice or (y) the
occurrence of any event that results in the Purchaser becoming an
"affiliate" of the Trustee within the meaning of the Prohibited
Transaction Exemption (as defined in the Pooling and Servicing
Agreement).
(b) The Purchaser's rights pursuant to Section 2.02 or 2.03
of this Agreement shall terminate with respect to a Mortgage Loan
as to which the Purchaser has exercised its rights under Section
2.02 or 2.03 hereof, upon Purchaser's failure to deposit any
amounts required pursuant to Section 2.02(d) or 2.03(b) after one
Business Day's notice of such failure.
Section 2.05. Notification. The Purchaser shall promptly
notify the Trustee and the Company if such Purchaser becomes
aware of any discussions, plans or events that might lead to such
Person's becoming an "affiliate" (within the meaning of the
Prohibited Transaction
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<PAGE>
Exemption) of the Trustee, provided that the contents of any such
notification shall be kept confidential by the parties to this
Agreement.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.01. Collateral Fund. Upon payment by the
Purchaser of the initial amount required to be deposited in the
Collateral Fund pursuant to Article II, the Company shall request
the Trustee to establish and maintain with the Trustee a
segregated account entitled "REMIC Multi-Class Pass-Through
Certificates 199_-__ Collateral Fund, for the benefit of GE
Capital Mortgage Services, Inc. and State Street Bank and Trust
Company on behalf of Certificateholders, as secured parties" (the
"Collateral Fund"). Amounts held in the Collateral Fund shall
continue to be the property of the Purchaser, subject to the
first priority security interest granted hereunder for the
benefit of such secured parties, until withdrawn from the
Collateral Fund pursuant to the Section 2.02 or 2.03 hereof.
Upon the termination of this Agreement and the
liquidation of all Mortgage Loans as to which the Purchaser has
made any Election to Delay Foreclosure or any Election to
Foreclose pursuant to Section 2.04 hereof, the Company shall
distribute to the Purchaser all amounts remaining in the
Collateral Fund together with any investment earnings thereon
(after giving effect to all withdrawals therefrom permitted under
this Agreement).
The Purchaser shall not take or direct the Company or
the Trustee to take any action contrary to any provision of the
Pooling and Servicing Agreement. In no event shall the Purchaser
(i) take or cause the Trustee or the Company to take any action
that could cause any REMIC established under the Pooling and
Servicing Agreement to fail to qualify as a REMIC or cause the
imposition on any such REMIC of any "prohibited transaction" or
"prohibited contribution" taxes or (ii) cause the Trustee or the
Company to fail to take any action necessary to maintain the
status of any such REMIC as a REMIC.
Section 3.02. Collateral Fund Permitted Investments. The
Company shall, at the written direction of the Purchaser, direct
the Trustee to invest the funds in the Collateral Fund in the
name of the Trustee in Collateral Fund Permitted Investments.
Such direction shall not be changed more frequently then
quarterly. In the absence of any direction, the Company shall
direct the Trustee select such investments in accordance with the
definition of Collateral Fund Permitted Investments in its
discretion
All income and gain realized from any investment as
well as any interest earned on deposits in the Collateral Fund
(net of any losses on such investments) and any payments of
principal made in respect of any Collateral Fund Permitted
Investment shall be deposited in the Collateral Fund upon
receipt. All costs and realized losses associated with the
purchase and sale of Collateral Fund Permitted Investments shall
be borne by the Purchaser and the amount of net realized losses
shall be promptly deposited by the Purchaser in the Collateral
Fund. The Company shall periodically (but not more frequently
than monthly) direct the Trustee to
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<PAGE>
distribute to the Purchaser upon request an amount of cash, to
the extent cash is available therefor in the Collateral Fund,
equal to the amount by which the balance of the Collateral Fund,
after giving effect to all other distributions to be made from
the Collateral Fund on such date, exceeds the Required Collateral
Fund Balance. Any amounts so distributed shall be released from
the lien and security interest of this Agreement.
Section 3.03. Grant of Security Interest. In order to
secure the obligations of the Purchaser hereunder to the Company
and the Trustee for the benefit of Certificateholders (other than
its obligations under Section 4.10), the Purchaser hereby grants
to the Company and to the Trustee for the benefit of the
Certificateholders a security interest in and lien on all of the
Purchaser's right, title and interest, whether now owned or
hereafter acquired, in and to: (1) the Collateral Fund, (2) all
amounts deposited in the Collateral Fund and Collateral Fund
Permitted Investments in which such amounts are invested (and the
distributions and proceeds of such investments) and (3) all cash
and non-cash proceeds of any of the foregoing, including proceeds
of the voluntary or involuntary conversion thereof (all of the
foregoing collectively, the "Collateral").
The Purchaser acknowledges the lien on and security
interest in the Collateral for the benefit of the Company and the
Trustee on behalf of the Certificateholders. The Purchaser shall
take all actions requested by the Company or the Trustee as may
be reasonably necessary to perfect the security interest created
under this Agreement in the Collateral and cause it to be prior
to all other security interests and liens, including the
execution and delivery to the Company or at its direction the
Trustee for filing of appropriate financing statements in
accordance with applicable law.
Section 3.04. Collateral Shortfalls. In the event that
amounts on deposit in the Collateral Fund at any time are
insufficient to cover any withdrawals therefrom that the Company
or the Trustee is then entitled to make hereunder, the Purchaser
shall be obligated to pay such amounts to the Company or the
Trustee immediately upon demand. Such obligation shall constitute
a general corporate obligation of the Purchaser. The failure to
pay such amounts within two Business Days of such demand (except
for amounts to cover interest on a Mortgage Loan pursuant to
Sections 2.02(d) and 2.03(b)), shall cause an immediate
termination of the Purchaser's right to make any Election to
Delay Foreclosure or Election to Foreclose and the Company's
obligations under this Agreement with respect to all Mortgage
Loans to which such insufficiencies relate, without the necessity
of any further notice or demand on the part of the Company.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.01. Amendment. This Agreement may be amended from
time to time by the Company and the Purchaser by written
agreement signed by the Company and the Purchaser provided that
no such amendment shall have a material adverse effect on the
holders of other Classes of Certificates.
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<PAGE>
Section 4.02. Counterparts. This Agreement may be executed
simultaneously in any number of counterparts, each of which
counterparts shall be deemed to be an original, and such
counterparts shall constitute but one and the same instrument.
Section 4.03. Governing Law. This Agreement shall be
construed in accordance with the laws of the State of New York
and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.
Section 4.04. Notices. All demands, notices and direction
hereunder shall be in writing or by telecopy and shall be deemed
effective upon receipt to:
(a) in the case of the Company, with respect to notices
pursuant to Sections 2.02 and 2.03 hereto,
GE Capital Mortgage Services, Inc.
2000 West Loop South
Suite 1917
Houston, Texas 77027
Attention: Mark Pendergrass
Telephone: (713) 964-4207
Facsimile: (713) 964-4100
with respect to all other notices pursuant to this
Agreement,
GE Capital Mortgage Services, Inc.
Three Executive Campus
Cherry Hill, New Jersey 08002
Attention: General Counsel
Telephone: (609) 661-6515
Facsimile: (609) 661-6875
or such other address as may hereafter be furnished in
writing by the Company, or
(b) in the case of the Purchaser, with respect to notices
pursuant to Section 2.01,
________________________________
________________________________
________________________________
Attention:______________________
Telephone:______________________
Facsimile:______________________
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<PAGE>
with respect to all other notices pursuant to this
Agreement,
________________________________
________________________________
________________________________
Attention:______________________
Telephone:______________________
Facsimile:______________________
or such other address as may hereafter be furnished in
writing by the Purchaser, or
(c) in the case of the Trustee,
State Street Bank and Trust Company
Corporate Trust Department
Two International Place, Fifth Floor
Boston, Massachusetts 02110
Attention: Karen Beard
Telephone: (617) 664-5465
Facsimile: (617) 664-5367
Section 4.05. Severability of Provisions. If any one or
more of the covenants, agreements, provisions or terms of this
Agreement shall be for any reason whatsoever, including
regulatory, held invalid, then such covenants, agreements,
provisions or terms shall be deemed severable from the remaining
covenants, agreements, provisions or terms of this Agreement and
shall in no way affect the validity or enforceability of the
other provisions of this Agreement.
Section 4.06. Successor and Assigns. The provisions of this
Agreement shall be binding upon and inure to the benefit of the
parties hereto and the respective successors and assigns of the
parties hereto; provided, however, that the rights under this
Agreement cannot be assigned by the Purchaser without the consent
of the Company.
Section 4.07. Article and Section Headings. The article and
section headings herein are for convenience of reference only and
shall not limit or otherwise affect the meaning hereof.
Section 4.08. Third Party Beneficiaries. The Trustee on
behalf of Certificateholders is the intended third party
beneficiary of this Agreement.
Section 4.09. Confidentiality. The Purchaser agrees that
all information supplied by or on behalf of the Company pursuant
to Section 2.01 or 2.02, including individual account
information, is the property of the Company and the Purchaser
agrees to use such information solely for the purposes set forth
in this Agreement and to hold such information confidential and
not to disclose such information.
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<PAGE>
Section 4.10. Indemnification. The Purchaser agrees to
indemnify and hold harmless the Company against any and all
losses, claims, damages or liabilities to which it may be
subject, insofar as such losses, claims, damages or liabilities
(or actions in respect thereof) arise out of or are based upon
actions taken by the Company in accordance with the provisions of
this Agreement and which actions conflict or are alleged to
conflict with the Company's obligations under the Pooling and
Servicing Agreement. The Purchaser hereby agrees to reimburse the
Company on demand for the reasonable legal or other expenses
incurred by it in connection with investigating or defending any
such loss, claim, damage, liability or action.
[Section 4.11. Delayed Effectiveness. The Purchaser agrees
that, notwithstanding any other provision of this Agreement, the
Purchaser shall have no rights hereunder, and the Company shall
have no obligations hereunder, until the Class Certificate
Principal Balance of the Class B5 Certificates has been reduced
to zero and any Special Servicing and Collateral Fund Agreement
between the Company and the Purchaser relating to such Class B5
Certificates has been terminated.]
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<PAGE>
IN WITNESS WHEREOF, the Company and the Purchaser have
caused their names to be signed hereto by their respective
officers thereunto duly authorized, all as of the day and year
first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:_______________________________
Name:
Title:
[PURCHASER]
By:_______________________________
Name:
Title:
Acknowledged and agreed to:
STATE STREET BANK AND TRUST COMPANY
By:_____________________________
Name:
Title:
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<PAGE>
EXHIBIT L
FORM OF LOST NOTE AFFIDAVIT AND AGREEMENT
I, _________________________________________, being
duly sworn, do hereby state under oath that:
1. I am a duly elected ______________________ of GE Capital
Mortgage Services, Inc. (the "Company") and am duly authorized to
make this affidavit.
2. This affidavit is being delivered in connection with the
transfer of the Mortgage Loan described in Paragraph 3 hereof by
the Company pursuant to the Pooling and Servicing Agreement dated
as of [date] between the Company, Seller and Servicer, and State
Street Bank and Trust Company, Trustee, relating to the Company's
REMIC Multi-Class Pass-Through Certificates, Series [____]
("Agreement"). Such Mortgage Loan constitutes a Designated Loan.
3. The Company is the payee under the following described
Mortgage Note ("Mortgage Note") which evidences the obligation of
the borrower(s) to repay the Mortgage Loan:
Loan Number: ___________________________________
Mortgage Note Date:_____________________________
Borrower(s): ___________________________________
Original Payee (if not the Company): ___________
Original Amount:________________________________
Mortgage Rate: _________________________________
Address of Mortgaged Property: _________________
________________________________________________
4. The Company is the lawful owner of the Mortgage Note and
has not cancelled, altered, assigned or hypothecated the Mortgage
Note.
5. A thorough and diligent search for the executed original
Mortgage Note was undertaken and was unsuccessful.
6. Attached hereto is a true and correct copy of the
Mortgage Note.
7. The Mortgage Note has not been endorsed by the Company
in any manner inconsistent with its transfer of the Mortgage Loan
under the Agreement.
8. Without limiting the generality of the rights and
remedies of the Trustee contained in the Agreement, the Company
hereby confirms and agrees that in the event the inability to
produce the executed original Mortgage Note results in a breach
of the representations and warranties appearing in Agreement
subsections 2.03(a)(ii) (the validity and enforceability of the
<PAGE>
lien created by the Mortgage Loan) or (x) (no valid offset,
defense or counterclaim to any Mortgage Note or Mortgage), the
Company shall repurchase the Mortgage Loan at the Purchase Price
and otherwise in accordance with Section 2.03(b) of the
Agreement. In addition, the Company covenants and agrees to
indemnify the Trustee and the Trust Fund from and hold them
harmless against any and all losses, liabilities, damages, claims
or expenses (other than those resulting from negligence or bad
faith of the Trustee) arising from the Company's failure to have
delivered the Mortgage Note to the Trustee, including without
limitation any such losses, liabilities, damages, claims or
expenses arising from any action to enforce the indebtedness
evidenced by the Mortgage Note or any claim by any third party
who is the holder of such indebtedness by virtue of possession of
the Mortgage Note.
9. In the event that the Company locates the executed
original Mortgage Note, it shall promptly provide the Mortgage
Note to the Trustee.
10. Capitalized terms not otherwise defined herein shall
have the meanings given them in the Agreement.
Date: _______________________
_____________________________
(signature)
_____________________________
(print name)
_____________________________
(print title)
L-2
<PAGE>
State of New Jersey )
)ss:
)
On this ____________________day of ___________, 199__,
before me appeared ____________________________, to me personally
known, who acknowledged the execution of the foregoing and who,
having been duly sworn states that he/she is a/the
______________________________of GE Capital Mortgage Services,
Inc., that any representations therein contained are true, that
this Lost Note Affidavit was signed and sealed on behalf of GE
Capital Mortgage Services, Inc. and that this Lost Note Affidavit
is the free act and deed of GE Capital Mortgage Services, Inc.
____________________________
(Notary Public)
[Notarial Seal]
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<PAGE>
EXHIBIT M
SCHEDULE OF DESIGNATED LOANS
None
<PAGE>
EXHIBIT N
SCHEDULE OF PLEDGED ASSET MORTGAGE LOANS
None
<PAGE>
EXHIBIT O
SENIOR PRINCIPAL PRIORITIES
None
