SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 29, 1999
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of April 1, 1999,
providing for the issuance of REMIC Multi-Class
Pass-Through Certificates, Series 1999-06)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
-------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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 April 29, 1999, GE Capital Mortgage Services, Inc. ("GECMSI") offered to
investors certain classes of its REMIC Mortgage Pass-Through Certificates,
Series 1999-06 (the "Certificates") evidencing beneficial ownership interests in
a trust fund (the "Trust Fund"). The assets of the Trust Fund consist primarily
of two pools ("Pool 1999-06-01" and "Pool 1999-06-02") 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 April 29, 1999 as supplemented by the Prospectus Supplement
dated April 22, 1999.
The original principal balance of each Class of the Certificates is as follows:
Class 1-A1 $95,940,000.00
Class 1-A2 $96,506,000.00
Class 1-A3 $8,497,000.00
Class 1-A4 $131,909,000.00
Class 1-A5 $62,400,000.00
Class 1-A6 $10,600,000.00
Class 1-A7 $1,071,571.00
Class 1-A8 $7,757,000.00
Class 1-A9 $6,568,500.00
Class 1-A10 $5,431,500.00
Class 1-A11 $771,429.00
Class 1-A12 $3,000,000.00
Class 2-A1 $171,397,000.00
Class 2-A2 $15,420,000.00
Class 2-A3 $27,000,000.00
Class 2-A5 $27,000,000.00
Class R $100.00
Class M $13,022,000.00
Class B1 $5,280,000.00
Class B2 $3,042,000.00
Class B3 $3,519,000.00
Class B4 $1,408,000.00
Class B5 $1,887,266.40
Total : $699,427,366.40
The initial Junior Percentage and initial Senior Percentage for Pool 1999-06 are
approximately 4.00% and 96.00%, respectively. The "Bankruptcy Loss Amount," the
"Fraud Loss Amount" and the "Special Hazard Loss Amount" for Pool 1999-06-01 as
of the initial issuance of the Certificates are $140,297.00, $4,515,823.00 and
$5,850,634.00, respectively, representing approximately .03%, 1.00%, and 1.30%,
respectively, of the aggregate Scheduled Principal Balances of the Mortgage
Loans in Pool 1999-06-02 as of April 1, 1999 (the "Cut-off Date"). The
"Bankruptcy Loss Amount," the "Fraud Loss Amount" and the "Special Hazard Loss
Amount" for Pool 1999-06-02 as of the initial issuance of the Certificates are
$100,000.00, $2,523,648.00 and $4,416,385.00, respectively, representing
approximately .04%, 1.00%, and 1.75%, respectively, of the aggregate Scheduled
Principal Balances of the Mortgage Loans in Pool 1999-06-02 as of the Cut-off
Date.
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1999-06-01
- ---------------
Pool 1999-06-01 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 $451,582,304.25.
The interest rates (the "Mortgage Rates") borne by the 1370 Mortgage Loans
conveyed by GECMSI to Pool 1999-06-01 range from 6.2500% to 9.5000% and the
weighted average Mortgage Rate as of the Cut-off Date is 7.1494% 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 1999-06-01 ranged from $19,350.00 to
$1,500,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-06-01 is $329,622.12, 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 1999-06-01 is March 1987, and the latest
scheduled maturity date of any such Mortgage Loan is April 2029. The weighted
average loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool
1999-06-01 is 73.0656%.
<PAGE>
The Mortgage Loans in Pool 1999-06-01 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
1999-06-01:
MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
6.2500% 4 $1,122,860.59 0.2487%
6.3750% 3 $938,012.23 0.2077%
6.5000% 19 $6,801,076.95 1.5061%
6.6250% 28 $9,763,326.30 2.1620%
6.7500% 78 $26,291,825.90 5.8222%
6.8750% 213 $74,534,423.89 16.5052%
6.9000% 1 $264,152.56 0.0585%
7.0000% 279 $93,064,013.89 20.6084%
7.1250% 182 $62,527,917.23 13.8464%
7.1500% 1 $343,312.09 0.0760%
7.2000% 1 $334,288.08 0.0740%
7.2500% 217 $74,679,430.90 16.5373%
7.2750% 1 $339,470.56 0.0752%
7.3750% 118 $38,332,841.09 8.4886%
7.5000% 85 $27,205,370.64 6.0245%
7.5500% 1 $892,492.71 0.1976%
7.6250% 44 $12,446,238.89 2.7561%
7.7500% 19 $4,667,445.11 1.0336%
7.8750% 8 $1,557,992.33 0.3450%
8.0000% 14 $2,705,475.88 0.5991%
8.1250% 5 $556,939.60 0.1233%
8.2500% 7 $1,391,180.33 0.3081%
8.3750% 4 $1,189,154.14 0.2633%
8.5000% 11 $2,511,086.71 0.5561%
8.6250% 6 $1,413,600.78 0.3130%
8.7500% 6 $1,518,813.76 0.3363%
8.8750% 7 $1,813,708.47 0.4016%
9.0000% 3 $1,030,030.61 0.2281%
9.1250% 1 $94,286.36 0.0209%
9.2500% 1 $207,280.14 0.0459%
9.3750% 2 $798,396.61 0.1768%
9.5000% 1 $245,858.92 0.0544%
Total 1,370 $451,582,304.25 100.0000%
<PAGE>
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
1999-06-01:
ORIGINAL # OF AGGREGATE BALANCES % OF POOL BY
BALANCES LOANS AS OF CUT-OFF DATE AGGREGATE BAL.
$ 0 - 227,150 95 $12,473,336.68 2.7621%
$227,151 - 250,000 67 $16,094,425.85 3.5640%
$250,001 - 300,000 469 $129,292,524.60 28.6309%
$300,001 - 350,000 323 $105,016,505.60 23.2552%
$350,001 - 400,000 178 $66,866,124.65 14.8071%
$400,001 - 450,000 88 $37,392,130.32 8.2803%
$450,001 - 600,000 117 $59,473,739.58 13.1701%
$600,001 - 650,000 22 $14,086,541.40 3.1194%
$650,001 - 1,500,000 + 11 $10,886,975.57 2.4109%
Total 1,370 $451,582,304.25 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-01 is $1,498,800.47.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-01 is $19,350.00.
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
1999-06-01:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
1987 1 $402,500.00 0.0891%
1990 1 $171,783.04 0.0380%
1991 2 $310,475.32 0.0688%
1992 29 $9,004,624.40 1.9940%
1995 1 $329,390.94 0.0729%
1996 1 $432,000.00 0.0957%
1998 169 $51,306,226.62 11.3614%
1999 1,166 $389,625,303.93 86.2801%
Total 1,370 $451,582,304.25 100.0000%
<PAGE>
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 1999-06-01:
LOAN-TO-VALUE
RATIO AT # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
00.000 - 50.00 65 $23,493,644.86 5.2025%
50.001 - 60.00 116 $40,587,706.28 8.9879%
60.001 - 70.00 220 $79,991,897.91 17.7137%
70.001 - 75.00 220 $73,419,978.32 16.2584%
75.001 - 80.00 563 $183,196,746.32 40.5678%
80.001 - 85.00 29 $7,893,412.82 1.7479%
85.001 - 90.00 106 $30,148,311.61 6.6761%
90.001 - 95.00 51 $12,850,606.13 2.8457%
Total 1,370 $451,582,304.25 100.0000%
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 1999-06-01:
TYPE OF # OF AGGREGATE BALANCES % OF POOL BY
DWELLING LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Single-family detached 1,279 $425,329,380.08 94.1865%
Single-family attached 16 $5,080,091.20 1.1250%
Condominium 48 $12,542,343.13 2.7774%
2 - 4 Family Units 23 $7,736,140.61 1.7131%
Co-op 4 $894,349.23 0.1980%
Total 1,370 $451,582,304.25 100.0000%
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
1999-06-01:
# OF AGGREGATE BALANCES % OF POOL BY
OCCUPANCY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Owner Occupied 1,322 $440,649,419.97 97.5790%
Vacation 32 $8,680,520.32 1.9222%
Investment 16 $2,252,363.96 0.4988%
Total 1,370 $451,582,304.25 100.0000%
<PAGE>
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 1999-06-01:
STATE # OF AGGREGATE BALANCES % OF POOL BY
LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Alabama 2 $724,799.17 0.1605%
Arizona 43 $13,586,309.36 3.0086%
Arkansas 2 $648,616.24 0.1436%
California 648 $225,689,018.51 49.9776%
Colorado 56 $17,616,456.06 3.9011%
Connecticut 22 $7,196,309.18 1.5936%
Delaware 3 $959,364.75 0.2124%
District Of Columbia 5 $1,745,498.41 0.3865%
Florida 53 $14,059,483.94 3.1134%
Georgia 66 $20,692,538.30 4.5822%
Hawaii 3 $662,959.02 0.1468%
Illinois 52 $16,608,958.78 3.6779%
Indiana 3 $756,993.25 0.1676%
Iowa 1 $118,787.73 0.0263%
Kentucky 3 $1,054,150.04 0.2334%
Louisiana 2 $462,672.36 0.1025%
Maine 1 $341,739.77 0.0757%
Maryland 16 $5,570,608.02 1.2336%
Massachusetts 53 $16,464,491.12 3.6460%
Michigan 7 $2,161,935.42 0.4787%
Minnesota 4 $1,771,495.19 0.3923%
Missouri 8 $2,593,842.71 0.5744%
Nevada 8 $2,925,977.66 0.6479%
New Hampshire 4 $1,430,569.20 0.3168%
New Jersey 84 $25,503,399.88 5.6476%
New Mexico 3 $835,176.59 0.1849%
New York 46 $14,266,807.75 3.1593%
North Carolina 5 $1,888,721.84 0.4182%
Ohio 4 $1,220,830.95 0.2703%
Oregon 21 $6,689,578.64 1.4814%
Pennsylvania 31 $10,505,663.22 2.3264%
Rhode Island 6 $1,978,000.00 0.4380%
South Carolina 5 $1,503,439.50 0.3329%
South Dakota 1 $419,326.27 0.0929%
Tennessee 3 $823,813.88 0.1824%
Texas 13 $3,880,488.00 0.8593%
Utah 7 $2,059,746.68 0.4561%
Vermont 3 $823,236.39 0.1823%
Virginia 30 $9,409,127.52 2.0836%
Washington 43 $13,931,372.95 3.0850%
Total 1,370 $451,582,304.25 100.0000%
<PAGE>
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 1999-06-01:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
MATURITY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
2019 15 $3,979,323.91 0.8812%
2020 1 $171,783.04 0.0380%
2022 30 $8,850,099.72 1.9598%
2023 1 $351,044.12 0.0777%
2024 6 $1,970,963.23 0.4365%
2027 2 $420,896.41 0.0932%
2028 80 $22,152,814.26 4.9056%
2029 1,235 $413,685,379.56 91.6080%
Total 1,370 $451,582,304.25 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 1999-06-01 calculated as of the Cut-off Date is 355 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 1999-06-01:
PURPOSE OF # OF AGGREGATE BALANCES % OF POOL BY
LOAN LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Purchase 482 $151,980,581.67 33.6551%
Rate Term/Refinance 637 $215,237,813.81 47.6631%
Cash-out Refinance 251 $84,363,908.77 18.6818%
Total 1,370 $451,582,304.25 100.0000%
<PAGE>
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1999-06-02
- ---------------
Pool 1999-06-02 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 $252,364,834.85.
The interest rates (the "Mortgage Rates") borne by the 741 Mortgage Loans
conveyed by GECMSI to Pool 1999-06-02 range from 6.2500% to 9.8750% and the
weighted average Mortgage Rate as of the Cut-off Date is 7.1719% 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 1999-06-02 ranged from $69,500.00 to
$1,100,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-06-02 is $340,573.33, 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 1999-06-02 is October 1991, and the latest
scheduled maturity date of any such Mortgage Loan is April 2029. The weighted
average loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool
1999-06-02 is 72.9605%.
<PAGE>
The Mortgage Loans in Pool 1999-06-02 have the following characteristics as of
the Cut-off Date.
b) 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
1999-06-02:
MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
6.2500% 2 $536,989.99 0.2128%
6.3750% 2 $694,206.43 0.2751%
6.5000% 12 $3,990,624.93 1.5813%
6.6250% 17 $5,474,393.43 2.1692%
6.7500% 40 $13,444,180.37 5.3273%
6.8750% 89 $30,580,305.13 12.1175%
7.0000% 160 $53,168,902.66 21.0682%
7.1250% 116 $40,087,328.46 15.8847%
7.2500% 95 $34,345,025.30 13.6093%
7.3750% 79 $27,569,122.30 10.9243%
7.5000% 68 $24,181,035.52 9.5818%
7.6250% 17 $5,628,191.73 2.2302%
7.7500% 8 $2,614,384.80 1.0360%
7.8750% 8 $2,332,427.37 0.9242%
8.0000% 3 $532,808.01 0.2111%
8.1250% 1 $307,798.53 0.1220%
8.2500% 3 $1,355,997.84 0.5373%
8.3750% 1 $336,134.67 0.1332%
8.5000% 6 $1,382,244.72 0.5477%
8.6250% 8 $2,259,691.78 0.8954%
8.7500% 2 $434,386.76 0.1721%
8.8750% 2 $618,253.19 0.2450%
9.0000% 1 $250,151.38 0.0991%
9.8750% 1 $240,249.55 0.0952%
Total 741 $252,364,834.85 100.0000%
<PAGE>
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
1999-06-02:
ORIGINAL # OF AGGREGATE BALANCES % OF POOL BY
BALANCES LOANS AS OF CUT-OFF DATE AGGREGATE BAL.
$ 0 - 227,150 35 $5,960,729.15 2.3619%
$227,151 - 250,000 41 $9,834,432.59 3.8969%
$250,001 - 300,000 249 $68,564,863.01 27.1691%
$300,001 - 350,000 158 $51,477,074.48 20.3979%
$350,001 - 400,000 102 $38,231,867.13 15.1494%
$400,001 - 450,000 61 $26,115,299.64 10.3482%
$450,001 - 600,000 70 $35,040,665.66 13.8849%
$600,001 - 650,000 18 $11,346,140.43 4.4959%
$650,001 - 1,000,000 + 7 $5,793,762.76 2.2958%
Total 741 $252,364,834.85 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-02 is $1,099,183.64.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-02 is $69,500.00.
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
1999-06-02:
YEAR OF # OF AGGREGATE BALANCES % OF POOL
ORIGINATION LOANS AS OF CUT-OFF DATE BY AGGREGATE BALANCE
1991 1 $240,249.55 0.0952%
1992 20 $5,624,690.94 2.2288%
1997 1 $333,719.39 0.1322%
1998 54 $19,395,809.28 7.6856%
1999 665 $226,770,365.69 89.8582%
Total 741 $252,364,834.85 100.0000%
<PAGE>
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 1999-06-02:
LOAN-TO-VALUE
RATIO AT # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
00.000 - 50.00 37 $14,153,970.09 5.6085%
50.001 - 60.00 48 $17,590,325.13 6.9702%
60.001 - 70.00 130 $46,096,611.13 18.2659%
70.001 - 75.00 139 $49,523,523.36 19.6238%
75.001 - 80.00 303 $100,855,730.86 39.9642%
80.001 - 85.00 15 $4,140,936.60 1.6409%
85.001 - 90.00 40 $12,261,574.75 4.8587%
90.001 - 95.00 29 $7,742,162.93 3.0678%
Total 741 $252,364,834.85 100.0000%
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 1999-06-02:
TYPE OF # OF AGGREGATE BALANCES % OF POOL BY
DWELLING LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Single-family detached 679 $232,671,241.74 92.1964%
Single-family attached 6 $2,264,605.07 0.8974%
Condominium 36 $10,100,268.58 4.0022%
2 - 4 Family Units 20 $7,328,719.46 2.9040%
Total 741 $252,364,834.85 100.0000%
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
1999-06-02:
# OF AGGREGATE BALANCES % OF POOL BY
OCCUPANCY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Owner Occupied 724 $248,210,554.98 98.3539%
Vacation 8 $2,111,872.26 0.8368%
Investment 9 $2,042,407.61 0.8093%
Total 741 $252,364,834.85 100.0000%
<PAGE>
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 1999-06-02:
# OF AGGREGATE BALANCES % OF POOL BY
STATE LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
California 741 $252,364,834.85 100.0000%
Total 741 $252,364,834.85 100.0000%
<PAGE>
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 1999-06-02:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
MATURITY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
2019 3 $823,546.53 0.3263%
2022 19 $4,978,371.05 1.9727%
2024 2 $560,832.74 0.2222%
2026 1 $646,319.89 0.2561%
2027 1 $333,719.39 0.1322%
2028 37 $13,366,570.50 5.2965%
2029 678 $231,655,474.75 91.7940%
Total 741 $252,364,834.85 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 1999-06-02 calculated as of the Cut-off Date is 356.4 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 1999-06-02:
PURPOSE OF # OF AGGREGATE BALANCES % OF POOL BY
LOAN LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Purchase 239 $78,200,258.25 30.9870%
Rate Term/Refinance 339 $116,925,979.95 46.3321%
Cash-out Refinance 163 $57,238,596.65 22.6809%
Total 741 $252,364,834.85 100.0000%
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of May 22, 1996, and the
related Terms Agreement, dated as of April 22, 1999, for certain
of the Series 1999-06 Certificates between GE Capital Mortgage
Services, Inc. and Lehman Brothers Inc.
4.1 The Pooling and Servicing Agreement for the Series 1999-06
Certificates, dated as of April 1, 1999, between GE Capital Mortgage
Services, Inc., as seller and servicer, and State Street Bank and Trust
Company, as trustee.
<PAGE>
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 April 29, 1999
<PAGE>
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 April 29, 1999
<PAGE>
EXHIBIT INDEX
The exhibits are being filed herewith:
EXHIBIT NO. DESCRIPTION PAGE
1.1 The Underwriting Agreement, dated
as of May 22, 1996, and the related
Terms Agreement, dated as of April
22, 1999, for certain of the Series
1999-06 Certificates between GE
Capital Mortgage Services, Inc. and
Lehman Brothers Inc..
The Pooling and Servicing Agreement for
4.1 the Series 1999-06 Certificates, dated
as of April 1, 1999, 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
Lehman Brothers Inc. New York, New York
American Express Tower May 22, 1996
Three World Financial Center
New York, New York 10285
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 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 "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).
(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 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").
The parties hereto agree that settlement for all securities sold
pursuant to this Agreement and the applicable Terms Agreement shall take
place on the settlement date agreed upon at the time of the related
transaction and set forth as the "Closing Date" in such Terms Agreement and
not as set forth in Rule 15c6-1(a) of the Exchange Act.
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 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 (each such filing of
such materials, 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 judgment 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 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 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 LLP with respect to its letters
furnished pursuant to Section 6(i) of this Agreement and any letter
furnished pursuant to the last sentence of Section 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
this Agreement, any other costs and expenses specified in the related
Terms Agreement as "Additional Expenses", and all expenses (e.g.,
shipping, postage and courier costs) associated with the delivery of
the related 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 such Prospectus is delivered to investors on the day immediately
preceding the related Closing Date, the Company will pay such courier
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 executed and delivered by the Company under the law of the
State of New York;
(ii) the related Pooling and Servicing Agreement has been
duly executed and delivered by the Company under the law of the
State of New York and is a legal, valid and binding agreement of
the Company enforceable against the Company in accordance with
its terms;
(iii) the Offered Certificates, when duly executed and
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 under the Investment Company Act of 1940, as
amended;
(v) such counsel confirms that (based solely upon telephone
confirmation from a representative of the Commission) the related
Registration Statement is effective under the Act and, to the
best of such counsel's knowledge, no stop order with respect
thereto has been issued, and no proceeding for that purpose has
been instituted or threatened by the Commission; such
Registration Statement (except the financial statements and
schedules and other financial and statistical data included
therein and the documents incorporated by reference therein, as
to which such counsel need express no view), at the time it
became effective and the related Prospectus (except the financial
statements and schedules and the other financial and statistical
data included therein, the documents incorporated by reference
therein and the information included in the second sentence of
the antepenultimate paragraph, the first sentence of the
penultimate paragraph, and the last paragraph of the cover page
of such Prospectus Supplement and in the second and fourth
sentences of the first paragraph under the heading "Plan of
Distribution" therein, as to which such counsel need express no
view), as of the date of the Prospectus Supplement 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 the financial statements and
schedules and the other financial and statistical data included
therein and the documents incorporated by reference therein, as
to which such counsel need express no view) at the time it became
effective, contained an untrue statement of a material fact or
omitted to state a material fact required to be stated therein or
necessary to make the statements therein not misleading or (B)
such Prospectus or any amendment or supplement thereto (except
the financial statements and schedules and the other financial
and statistical data included therein, the documents incorporated
by reference therein and the information included in the second
sentence of the antepenultimate paragraph, the first sentence of
the penultimate paragraph, and the last paragraph of the cover
page of such Prospectus Supplement and in the second and fourth
sentences of the first paragraph under the heading "Plan of
Distribution" therein, as to which such counsel need express no
view), as of the date of the Prospectus Supplement, or at the
related Closing Date, contained or contains an untrue statement
of a material fact or omitted or omits to state a material fact
necessary in order to make the statements therein, in the 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;
(vii) the statements set forth 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 all 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 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 law of the State of New York and the federal law
of the United States of America.
(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 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
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 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 LLP 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 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 LLP 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
Proper- ties" 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 LLP 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, 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.
(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 or ABS Term Sheets (in
each case, as defined herein) 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,
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
(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
any written or electronic materials on which the Computational Materials
are based) or ABS Term Sheets 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.
(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 or Section 9 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 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
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 distributed to prospective investors 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 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 that 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; and
(iii) on the date any such Computational Materials 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.
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 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 any
Computational Materials or Structural Term Sheets with respect to any
Series of Certificates furnished to prospective investors from and
after May 21, 1996 have been prepared and disseminated by the
Underwriter and not by or on behalf of the Company, and that such
materials included and shall include a disclaimer in form satisfactory
to the Company to the effect that such materials have been prepared
and disseminated by the Underwriter, and that the content and accuracy
of such materials have not been reviewed by 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, 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; provided, however, that the Underwriter makes no
representation or warranty as to whether any such amendment or
supplement will include any untrue statement resulting directly from
any Mortgage Pool Error (except any Corrected Mortgage Pool Error,
with respect to any such amendment or supplement 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). 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 the Offered Certificates that 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 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; and
(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.
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 will have been
prepared and disseminated by the Underwriter and not by or on behalf
of the Company, and that such materials 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 Form
8-K. The Underwriter agrees that it will not represent to prospective
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; provided, however, the Underwriter
makes no representation or warranty as to whether any such amendment
or supplement will include any untrue statement resulting directly
from any Mortgage Pool Error (except any Corrected Mortgage Pool
Error, with respect to any such amendment or supplement 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). 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 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, Cherry Hill, New Jersey 08002, Attention: General
Counsel.
<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
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.
LEHMAN BROTHERS INC.
By:______________________________
Name:
Title:
<PAGE>
EXHIBIT A
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES ____-__
TERMS AGREEMENT
(to Underwriting Agreement,
dated May 22, 1996
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus [Date]
Cherry Hill, NJ 08002
Lehman Brothers Inc. (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.
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 [
]%]:
Principal Interest Class Purchase
Class 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.
<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,
LEHMAN BROTHERS INC.
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:
<PAGE>
Execution
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES 1999-6
TERMS AGREEMENT
(to Underwriting Agreement,
dated May 22, 1996,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus April 22, 1999
Cherry Hill, NJ 08002
Lehman Brothers Inc. (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 1999-6 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 1999-6
Certificates are registered with the Securities and Exchange Commission by means
of an effective Registration Statement (Nos. 333-68951 and 333-68951-01).
Capitalized terms used and not defined herein have the meanings given them in
the Underwriting Agreement.
Section 1. The Mortgage Pools: The Series 1999-6 Certificates shall
evidence the entire beneficial ownership interest in two mortgage pools ("Pool
1" and "Pool 2," respectively, and each a "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
April 1, 1999 (the "Cut-off Date"):
(a) Aggregate Principal Amount of Pool 1: $451,582,304.25
aggregate principal balance as of the Cut-off Date, subject to a
permitted variance such that the aggregate original Certificate
Principal Balance of the Offered Certificates in Pool 1 will be not
less than $427,500,000 or greater than $472,500,000.
(b) Aggregate Principal Amount of Pool 2: $252,364,834.85
aggregate principal balance as of the Cut-off Date, subject to a
permitted variance such that the aggregate original Certificate
Principal Balance of the Offered Certificates in Pool 2 will be not
less than $237,500,000 or greater than $262,500,000.
(c) Original Terms to Maturity: The original term to maturity of
substantially all of the Mortgage Loans included in the Mortgage Pools
shall be between 20 and 30 years.
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):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
Class 1-A1 $95,940,000 6.10% 99.031250%
Class 1-A2 96,506,000 6.35% 99.031250%
Class 1-A3 8,497,000 6.60% 99.031250%
Class 1-A4 131,909,000 6.35% 99.031250%
Class 1-A5 62,400,000 (2) 99.031250%
Class 1-A6 10,600,000 6.75% 99.031250%
Class 1-A7 1,071,571 7.00% 99.031250%
Class 1-A8 7,757,000 7.00% 99.031250%
Class 1-A9 6,568,500 7.00% 99.031250%
Class 1-A10 5,431,500 7.00% 99.031250%
Class 1-A11 771,429 0.00% 99.031250%
Class 1-A12 3,000,000 6.75% 99.031250%
Class 2-A1 171,397,000 6.75% 98.796875%
Class 2-A2 15,420,000 6.75% 98.796875%
Class 2-A3 27,000,000 6.50% 98.796875%
Class 2-A4 (3) 0.22% 98.796875%
Class 2-A5 27,000,000 6.75% 98.796875%
Class 2-A6 (3) 0.03% 98.796875%
Class M 13,022,000 6.75% 97.328125%
Class B1 5,280,000 6.75% 95.968750%
Class B2 3,042,000 6.75% 89.875000%
Class R-RL 100 6.75% 99.031250%
- -------------
(1) The Class 1-A11 Certificates are principal-only Certificates and will not
accrue interest.
(2) Interest will accrue on the Class 1-A5 Certificates at a variable rate
as set forth in the Prospectus Supplement. The initial interest rate
for such Certificates will be 9.2340%.
(3) The Class 2-A4 and Class 2-A6 Certificates will each have a Notional
Principal Balance equal at all times to the Class Certificate Principal
Balance of the Class 2-A3 Certificates.
(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, April 29, 1999 (the
"Closing Date").
Section 4. Required Ratings: The Offered Certificates, other than Class
1-A5, Class 1-A11, Class 2-A4 and Class 2-A6 Certificates, shall have received
Required Ratings of at least "AAA" from each of Fitch IBCA, Inc. ("Fitch") and
Standard and Poor's Rating Services, a division of The McGraw-Hill Companies,
Inc. ("S&P"). The Class 1-A5, Class 1-A11, Class 2-A4 and Class 2-A6
Certificates shall have received Required Ratings of "AAA" from Fitch and "AAAr"
from S&P. The Class M, Class B1 and Class B2 Certificates shall have received
Required Ratings of "AA," "A" and "BBB," respectively, from 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. Rounding Account: On the Closing Date, the Underwriter shall
deliver to the Trustee by wire transfer or by certified check an amount equal to
$999.99 for deposit in each Rounding Account (as such term is defined in the
Prospectus Supplement).
<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,
LEHMAN BROTHERS INC.
By:______________________________________
Name:
Title:
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 April 1, 1999
______________________
GE Capital Mortgage Services, Inc.,
1999-6 Trust
===============================================================================
<PAGE>
Table of Contents
Page
----
ARTICLE I
DEFINITIONS
Section 1.01. Definitions....................................................1
Section 1.02. Construction..................................................39
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans..................................39
Section 2.02. Acceptance by Trustee.........................................43
Section 2.03. Representations and Warranties of the Company;
Mortgage Loan Repurchase......................................44
Section 2.04. Execution of Certificates.....................................50
Section 2.05. The REMICs; Designations under the REMIC Provisions...........51
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer....................................53
Section 3.02. Collection of Certain Mortgage Loan Payments;
Mortgage Loan Payment Records; Certificate Accounts...........57
Section 3.03. Collection of Taxes, Assessments and Other Items..............60
Section 3.04. Permitted Debits to the Mortgage Loan Payment Records.........60
Section 3.05. Maintenance of the Primary Insurance Policies.................61
Section 3.06. Maintenance of Hazard Insurance...............................62
Section 3.07. Assumption and Modification Agreements........................63
Section 3.08. Realization Upon Defaulted Mortgage Loans.....................63
Section 3.09. Trustee to Cooperate; Release of Mortgage Files...............66
Section 3.10. Servicing Compensation; Payment of Certain
Expenses by the Company.......................................67
Section 3.11. Reports to the Trustee; Certificate Account Statements........67
Section 3.12. Annual Statement as to Compliance.............................67
Section 3.13. Annual Independent Public Accountants' Servicing
Report........................................................67
Section 3.14. Access to Certain Documentation and Information
Regarding the Mortgage Loans..................................68
Section 3.15. Maintenance of Certain Servicing Policies.....................68
Section 3.16. Optional Purchase of Defaulted Mortgage Loans.................68
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions.................................................69
Section 4.02. Method of Distribution........................................77
Section 4.03. Allocation of Losses..........................................78
Section 4.04. Monthly Advances; Purchases of Defaulted
Mortgage Loans................................................81
Section 4.05. Statements to Certificateholders..............................82
Section 4.06. Servicer's Certificate........................................84
Section 4.07. Reports of Foreclosures and Abandonments of
Mortgaged Property............................................84
Section 4.08. Reduction of Servicing Fees by Compensating
Interest Payments///////......................................84
Section 4.09. Surety Bond...................................................84
Section 4.10. Distributions to Holders of Designated
Retail Certificates...........................................85
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates..............................................90
Section 5.02. Registration of Transfer and Exchange of
Certificates..................................................92
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.............97
Section 5.04. Persons Deemed Owners.........................................97
Section 5.05. Access to List of Certificateholders' Names and
Addresses.....................................................98
Section 5.06. Representation of Certain Certificateholders..................98
Section 5.07. Determination of COFI.........................................98
Section 5.08. Determination of LIBOR........................................99
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company.....................................100
Section 6.02. Merger or Consolidation of, or Assumption of the
Obligations of, the Company..................................100
Section 6.03. Assignment...................................................100
Section 6.04. Limitation on Liability of the Company and Others............101
Section 6.05. The Company Not to Resign....................................101
ARTICLE VII
DEFAULT
Section 7.01. Events of Default............................................102
Section 7.02. Trustee to Act; Appointment of Successor.....................103
Section 7.03. Notification to Certificateholders...........................104
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee............................................104
Section 8.02. Certain Matters Affecting the Trustee........................105
Section 8.03. Trustee Not Liable for Certificates or
Mortgage Loans...............................................106
Section 8.04. Trustee May Own Certificates.................................107
Section 8.05. The Company to Pay Trustee's Fees and Expenses...............107
Section 8.06. Eligibility Requirements for Trustee.........................107
Section 8.07. Resignation or Removal of Trustee............................107
Section 8.08. Successor Trustee............................................108
Section 8.09. Merger or Consolidation of Trustee...........................108
Section 8.10. Appointment of Co-Trustee or Separate Trustee................109
Section 8.11. Compliance with REMIC Provisions; Tax Returns................110
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or
Liquidation of All Mortgage Loans............................110
Section 9.02. Additional Termination Requirements..........................111
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment...................................................112
Section 10.02. Recordation of Agreement....................................113
Section 10.03. Limitation on Rights of Certificateholders..................113
Section 10.04. Governing Law...............................................114
Section 10.05. Notices.....................................................114
Section 10.06. Notices to the Rating Agencies..............................115
Section 10.07. Severability of Provisions..................................115
Section 10.08. Certificates Nonassessable and Fully Paid...................115
<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-1 Senior Principal Priorities (Pool 1)
EXHIBIT O-2 Senior Principal Priorities (Pool 2)
<PAGE>
THIS POOLING AND SERVICING AGREEMENT, dated as of April 1, 1999, 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 Termination Date: With respect to each Class of Accrual
Certificates and each Accrual Component, the earlier of (1) the Pool 1
Cross-Over Date or (2) the Distribution Date on which the Class Certificate
Principal Balance (or Component Principal Balance) of such Accrual
Certificate (or Accrual Component) is 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 Certificates (or in respect of any Components) pursuant to Section
4.01(g)(i) or (ii), as applicable. As to any Class of Accrual Certificates
and any Accrual Component and each Distribution Date after the related
Accretion Termination Date, zero.
Accrual Certificates: The Class 1-A6 Certificates.
Accrual Component: The Class 1-A5C Component.
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, 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 Interest
Losses, in each case, in respect of the related Mortgage Pool for such
Distribution Date. Any Net Interest Shortfall and Interest Losses in
respect of a Mortgage Pool shall be allocated among (x) the related Classes
of Certificates (other than any Class of Principal Only Certificates and
any Class of Certificates consisting of Specified Components) and (y) the
related 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.
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 for a Certificate Group, and as to each related
Junior Component, the fraction, expressed as a percentage, the numerator of
which is the Component Principal Balance of such Component and the
denominator of which is the aggregate Component Principal Balance of the
Junior Components of such Certificate Group.
(b) As to any Distribution Date and amounts distributable pursuant to
clauses (ii), (iv) and (v) of the definition of Junior Optimal Principal
Amount for a Certificate Group, and as to the Class M Component of such
Certificate Group and each of the Class B Components of such Certificate
Group 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 Component Principal Balance of
such Component and the denominator of which is the aggregate Component
Principal Balance of all Junior Components of such Certificate Group. As to
any Distribution Date and each Class of Class B Components 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 and
Mortgage Pool, the total of all amounts credited to the Mortgage Loan
Payment Record for such Mortgage Pool as of the preceding Determination
Date on account of (i) Principal Prepayments, Insurance Proceeds and
Liquidation Proceeds received in respect of such Mortgage Pool 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
May of each year that the Certificates are outstanding, commencing in May
2000.
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 any Mortgage Pool, and as to any Non-Primary Residence Loan
remaining in such 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 Net
Mortgage Rates of all Outstanding Mortgage Loans in such Mortgage Pool (the
"Weighted Average Rate") as of such Anniversary Determination Date over
(ii) the Monthly Payment thereof calculated on the assumption that the Net
Mortgage Rate thereon was equal to the Weighted Average Rate less 1.25% per
annum.
Available Funds: As to each Distribution Date and Mortgage Pool, an
amount equal to the sum of (i) all amounts credited to the Mortgage Loan
Payment Record for such Mortgage Pool pursuant to Section 3.02 as of the
preceding Determination Date, (ii) any Monthly Advance and any Compensating
Interest Payment in respect of such Mortgage Pool for such Distribution
Date, (iii) the Purchase Price of any Defective Mortgage Loans and
Defaulted Mortgage Loans in respect of such Mortgage Pool deposited in the
related Certificate Account on the Business Day preceding such Distribution
Date (including any amounts deposited in the related Certificate Account in
connection with any substitution of a Mortgage Loan in such Mortgage Pool
as specified in Section 2.03(b)), and (iv) the purchase price of any
defaulted Mortgage Loan in such Mortgage Pool 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 in respect of such Mortgage Pool, (y) the amount of any
Unanticipated Recovery credited to the Mortgage Loan Payment Record in
respect of such Mortgage Pool pursuant to clause (vi) of Section 3.02(b),
and (z) amounts permitted to be debited from the related Mortgage Loan
Payment Record pursuant to clauses (i) through (vii) and (ix) of Section
3.04.
Bankruptcy Coverage Termination Date: As to each Mortgage Pool, the
Distribution Date upon which the Bankruptcy Loss Amount for such Mortgage
Pool has been reduced to zero or a negative number (or the related
Cross-Over Date, if earlier).
Bankruptcy Loss Amount: As to each Determination Date prior to the
first Anniversary Determination Date, an amount equal to $140,297, in the
case of Pool 1, and $100,000, in the case of Pool 2, as reduced in each
case by the aggregate amount of Deficient Valuations and Debt Service
Reductions in respect of the applicable Mortgage Pool 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 for a Mortgage Pool shall equal the related
Bankruptcy Loss Amount on the immediately preceding Anniversary
Determination Date as reduced by the aggregate amount of Deficient
Valuations and Debt Service Reductions for such Mortgage Pool since such
preceding Anniversary Determination Date. As of any Anniversary
Determination Date, the Bankruptcy Loss Amount for a Mortgage Pool shall
equal the lesser of (x) the related Bankruptcy Loss Amount as of the
preceding Determination Date as reduced by any Deficient Valuations and
Debt Service Reductions for such Mortgage Pool for the preceding
Distribution Date, and (y) the greater of (i) the Fitch Formula Amount for
such Mortgage Pool for such Anniversary Determination Date and (ii) the
Formula Amount for such Mortgage Pool for such Anniversary Determination
Date.
The Bankruptcy Loss Amount for a Mortgage Pool 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.
BBA: The British Bankers' Association.
BIF: The Bank Insurance Fund of the FDIC, or its successor in
interest.
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-RL,
Class PO and Class S 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 Pool 1 Certificate Account or the Pool 2
Certificate Account, as the case may be.
Certificate Group: The Pool 1 Certificates or the Pool 2 Certificates,
as applicable.
Certificate Interest Rate: With respect to any Class of Certificates,
other than the Class 1-A5 and Class S Certificates or any LIBOR
Certificates, and as of any Distribution Date, the per annum rate specified
or described in Section 5.01(b). With respect to any 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(f). With respect to the Class 1-A5 and Class S Certificates,
interest accrues thereon on the basis of the Specified Components thereof.
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 such Certificate (plus, in the case of any
Accrual Certificate or any Certificate consisting of one or more Accrual
Components, 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 Junior Certificate which includes a Subordinate Component, such
Component's Percentage Interest of the Subordinate Component Writedown
Amount for the related Certificate Group allocated to such Component
pursuant to Section 4.03(f) 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 or Lower Tier Interests, as the case may be,
bearing the same class designation.
Class 2-A5 Percentage: With respect to any Distribution Date, the
percentage (carried to ten decimal places rounded up) obtained by dividing
(x) the aggregate Certificate Principal Balance of the Class 2-A5
Certificates immediately preceding such Distribution Date, by (y) the
aggregate Certificate Principal Balance of all the Pool 2 Senior
Certificates (other than the Class 2-PO Component) and the aggregate
Component Principal Balance of all the Pool 2 Junior Components immediately
preceding such Distribution Date; provided, however, that the Class 2-A5
Percentage for any Distribution Date shall not exceed 100%; and provided,
further, that on any Distribution Date after the Class Certificate
Principal Balance of the Class 2-A5 Certificates has been reduced to zero,
the Class 2-A5 Percentage for such Distribution Date shall be zero.
Class 2-A5 Prepayment Distribution Percentage: 0% through the
Distribution Date in April 2004; 30% thereafter through the Distribution
Date in April 2005; 40% thereafter through the Distribution Date in April
2006; 60% thereafter through the Distribution Date in April 2007; 80%
thereafter through the Distribution Date in April 2008; and 100%
thereafter.
Class 2-A5 Principal Distribution Amount: With respect to any
Distribution Date, the sum of (a) the aggregate of amounts described in
clauses (i) and (iii) of the definition of Senior Optimal Principal Amount
for Pool 2 on such date (without application of the Senior Percentage or
the Senior Prepayment Percentage, in each case for Pool 2) multiplied by
the Class 2-A5 Scheduled Distribution Percentage for such date and (b) the
aggregate of amounts described in clauses (ii), (iv) and (v) of the
definition of Senior Optimal Principal Amount for Pool 2 (without
application of the Senior Prepayment Percentage for Pool 2) for such date
multiplied by the product of (x) the Class 2-A5 Percentage for such date
and (y) the Class 2-A5 Prepayment Distribution Percentage for such date;
provided, however, that (i) on the Pool 2 Group I Final Distribution Date,
the Class 2-A5 Principal Distribution Amount will be increased by any
Senior Optimal Principal Amount for Pool 2 remaining after distributions of
principal have been made on the Pool 2 Group I Senior Certificates and (ii)
following the Pool 2 Group I Final Distribution Date, the Class 2-A5
Principal Distribution Amount will equal the Senior Optimal Principal
Amount for Pool 2.
Class 2-A5 Scheduled Distribution Percentage: With respect to any
Distribution Date through the Distribution Date in April 2004, 0%. The
Class 2-A5 Scheduled Distribution Percentage for any Distribution Date
after the Distribution Date in April 2004 will equal the Class 2-A5
Percentage for such Distribution Date. Notwithstanding the foregoing, on
any Distribution Date after the Pool 2 Group I Final Distribution Date, the
Class 2-A5 Scheduled Distribution Percentage will equal the Senior
Percentage for Pool 2.
Class B Certificate: Any Class B1, Class B2, Class B3, Class B4 or
Class B5 Certificate.
Class B Component: Any Class 1-B1, Class 2-B1, Class 1-B2, Class 2-B2,
Class 1-B3, Class 2-B3, Class 1-B4, Class 2-B4, Class 1-B5 or Class 2-B5
Component.
Class B1 Component: Either of the Class 1-B1 or Class 2-B1 Component.
Class B2 Component: Either of the Class 1-B2 or Class 2-B2 Component.
Class B3 Component: Either of the Class 1-B3 or Class 2-B3 Component.
Class B4 Component: Either of the Class 1-B4 or Class 2-B4 Component.
Class B5 Component: Either of the Class 1-B5 or Class 2-B5 Component.
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 pursuant to Section
4.01(a)(i) 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.
Class M Component: Either of the Class 1-M or Class 2-M Component.
Class PO Component: Either of the Class 1-PO or Class 2-PO Component.
Class PO Deferred Amount: As to any Distribution Date on or prior to
the related Cross-Over Date, the aggregate of the applicable PO Percentage
of the principal portion of each Realized Loss in respect of a Mortgage
Pool, other than any related Excess Loss, to be allocated to the Class PO
Component of the related Certificate Group on such Distribution Date or
previously allocated to such Component and not yet paid in respect of such
Component pursuant to Section 4.01(a)(iv) or 4.01(b)(iv), as applicable.
Class PO Principal Distribution Amount: As to any Distribution Date
and each Certificate Group, 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 in the related Mortgage Pool 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, each in respect of
such Mortgage Pool, subsequent to the related 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 in respect of the related
Mortgage Pool received during the related Prepayment Period, together with
the Scheduled Principal Balance (as reduced by any Deficient Valuation in
respect of such Mortgage Pool occurring on or prior to the related
Bankruptcy Coverage Termination Date) of each Mortgage Loan in the related
Mortgage Pool that was the subject of a Voluntary Principal Prepayment in
full during the related Prepayment Period;
(iii) the sum of (A) all Net Liquidation Proceeds in respect of the
related Mortgage Pool allocable to principal received in respect of each
Mortgage Loan in the related Mortgage Pool 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 in the related Mortgage Pool 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 in respect of such Mortgage Pool occurring on or prior to the
related Bankruptcy Coverage Termination Date) of each Mortgage Loan in the
related Mortgage Pool that 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 in the related
Mortgage Pool 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 in respect of such
Mortgage Pool occurring on or prior to the related 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.
Class S Component: Either of the Class 1-S or Class 2-S Component.
Closing Date: April 29, 1999.
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
and Mortgage Pool, 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 and Mortgage Pool; provided, however,
that such amount shall not exceed the lesser of (i) an amount equal to the
product of (x) the applicable Pool Scheduled Principal Balance with respect
to such Distribution Date and Mortgage Pool and (y) one-twelfth of 0.125%,
and (ii) the aggregate of the Servicing Fees that the Company would be
entitled to retain on such Distribution Date in respect of the Mortgage
Loans in such Mortgage Pool (less any portion thereof paid as servicing
compensation to any Primary Servicer) without giving effect to any related
Compensating Interest Payment.
Component: Any of the components of a Class of Component Certificates
having the designations, initial Component Principal Balances (or Notional
Component Balances) and Component Interest Rates as follows:
Designation Initial Component Component
----------- Principal Balance Interest Rate
or Notional -------------
Component Balance
-----------------
Class 1-A5A $15,146,362.96* 6.750%
Class 1-A5B 7,816,829.63* 6.750
Class 1-A5C 62,400,000.00 6.750
Class 1-M 8,354,000.00 6.750
Class 2-M 4,668,000.00 6.750
Class 1-B1 3,387,000.00 6.750
Class 2-B1 1,893,000.00 6.750
Class 1-B2 2,032,000.00 6.750
Class 2-B2 1,010,000.00 6.750
Class 1-B3 2,258,000.00 6.750
Class 2-B3 1,261,000.00 6.750
Class 1-B4 903,000.00 6.750
Class 2-B4 505,000.00 6.750
Class 1-B5 1,129,516.04 6.750
Class 2-B5 757,750.36 6.750
Class 1-PO 3,066,688.21 0.000
Class 2-PO 1,453,084.49 0.000
Class 1-S 316,460,149.52* 6.750**
Class 2-S 195,711,243.52* 6.750**
Class R 50.00 6.750
Class RL 50.00 6.750
--------------
* Notional Component Balance.
** The Strip Rate for the related Mortgage Pool.
Component Certificate: Any Class 1-A5, Class M, Class B1, Class B2,
Class B3, Class B4, Class B5, Class PO, Class S or Class R-RL Certificate.
Component Interest Rate: With respect to any Specified Component,
other than a Principal Only Component, and as of any Distribution Date, the
per annum rate specified for such Component in the definition of the term
"Component."
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, (y) the amount of all Realized Losses
allocated thereto pursuant to Section 4.03(d) and (z) any Subordinate
Component Writedown Amount previously allocated thereto.
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 as such 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 or Components, and with
respect to any Class of Certificates, the Class or Classes of Lower Tier
Interests, appearing opposite such Class of Lower Tier Interests or
Certificates in the table included in Section 2.05(a).
Cross-Over Date: Either of the Pool 1 Cross-Over Date or Pool 2
Cross-Over Date.
Cut-off Date: April 1, 1999.
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.).
Deceased Holder: With respect to a Holder of any Designated Retail
Certificate, as defined in Section 4.10(b).
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 corporation" as defined in Section 8-102(a)(5) 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: The Mortgage Loans listed in Exhibit M hereto.
Designated Retail Certificate: Any Class 1-A8 or Class 2-A3
Certificate.
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: As to either Mortgage Pool, 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.
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 Class 1-A12 or Junior Certificate.
Event of Default: An event described in Section 7.01.
Excess Bankruptcy Loss: As to each Mortgage Pool, any Deficient
Valuation or Debt Service Reduction, or portion thereof, in respect of a
Mortgage Loan in such Mortgage Pool, (i) occurring after the related
Bankruptcy Coverage Termination Date or (ii) if on such date, in excess of
the then-applicable Bankruptcy Loss Amount for such Mortgage Pool.
Excess Fraud Loss: As to each Mortgage Pool, any Fraud Loss, or
portion thereof, in respect of a Mortgage Loan in such Mortgage Pool, (i)
occurring after the related Fraud Coverage Termination Date or (ii) if on
such date, in excess of the then-applicable Fraud Loss Amount for such
Mortgage Pool.
Excess Loss: As to each Mortgage Pool, any related Excess Bankruptcy
Loss, Excess Fraud Loss or Excess Special Hazard Loss.
Excess Special Hazard Loss: As to each Mortgage Pool, any Special
Hazard Loss, or portion thereof, in respect of a Mortgage Loan in such
Mortgage Pool, (i) occurring after the related Special Hazard Termination
Date or (ii) if on such date, in excess of the then-applicable Special
Hazard Loss Amount for such Mortgage Pool.
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.
Fitch: Fitch IBCA, Inc. and its successors.
Fitch Formula Amount: As to each Anniversary Determination Date and
each Mortgage Pool, the greater of (i) $50,000 and (ii) the product of (x)
the greatest Assumed Monthly Payment Reduction for any Non-Primary
Residence Loan in such Mortgage Pool 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 such 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 in such Mortgage Pool divided by the
total number of Outstanding Mortgage Loans in such Mortgage Pool 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 and each
Mortgage Pool, 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 such Mortgage Pool whose original principal balance was 75% or
greater of the Original Value thereof.
Fraud Coverage Termination Date: As to each Mortgage Pool, the
Distribution Date upon which the related Fraud Loss Amount has been reduced
to zero or a negative number (or the related 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
and as to each Mortgage Pool, (x) prior to the first anniversary of the
Cut-off Date, an amount equal to $4,515,823, in the case of Pool 1, and
$2,523,648, in the case of Pool 2, minus in each case the aggregate amount
of Fraud Losses in respect of such Mortgage Pool that would have been
allocated to the related Junior Components in accordance with Section 4.03
in the absence of the applicable 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) such 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 in such Mortgage Pool as of the most
recent anniversary of the Cut-off Date minus (2) the Fraud Losses in
respect of such Mortgage Pool that would have been allocated to the related
Junior Components in accordance with Section 4.03 in the absence of the
applicable 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 for each Mortgage Pool shall be zero.
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: None.
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.
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 any Class of 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.
Interest Losses: With respect to any Mortgage Pool, the interest
portion of (i) on or prior to the related Cross-Over Date, any Excess
Losses and (ii) after the related Cross-Over Date, any Realized Losses and
Debt Service Reductions.
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 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.
Junior Certificate: Any Class M or Class B Certificate.
Junior Component: Any Class M or Class B Component.
Junior Optimal Principal Amount: As to any Distribution Date and each
Certificate Group, an amount equal to the sum of the following (but in no
event greater than the aggregate Component Principal Balance of the related
Junior Components immediately prior to such Distribution Date):
(i) the related 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 in the related
Mortgage Pool 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 in respect of such Mortgage Pool subsequent to the related
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 related Junior Prepayment Percentage of the applicable
Non-PO Percentage of all principal prepayments in part in respect of
the related Mortgage Pool received during the related Prepayment
Period, and 100% of any related Senior Optimal Principal Amount not
distributed to the related Senior Certificates on such Distribution
Date, together with the related Junior Prepayment Percentage of the
applicable Non-PO Percentage of the Scheduled Principal Balance of
each Mortgage Loan in the related Mortgage Pool that 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 in respect of the
related Mortgage Pool 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 in the related Mortgage Pool 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 for the related Certificate Group on such
Distribution Date;
(iv) the related Junior Prepayment Percentage of the applicable
Non-PO Percentage of the Scheduled Principal Balance of each Mortgage
Loan in the related Mortgage Pool that was purchased on such
Distribution Date pursuant to Section 2.02, 2.03(a) or 3.16; and
(v) the related Junior Prepayment Percentage of the applicable
Non-PO Percentage of the Substitution Amount for any Mortgage Loan in
the related Mortgage Pool 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 Component Principal Balances of the Junior Components of a
Certificate Group have been reduced to zero, the related Junior Optimal
Principal Amount shall be zero.
Junior Percentage: As to any Distribution Date and each Certificate
Group, the excess of 100% over the related Senior Percentage for such
Distribution Date.
Junior Prepayment Percentage: As to any Distribution Date and each
Certificate Group, the excess of 100% over the related Senior Prepayment
Percentage for such Distribution Date, except that (i) after the aggregate
Certificate Principal Balance (or Component Principal Balance) of the
related Senior Certificates other than, in the case of the Pool 1
Certificates, the Class 1-PO Component, and in the case of the Pool 2
Certificates, the Class 2-PO Component, have been reduced to zero, the
Junior Prepayment Percentage for such Certificate Group shall be 100%, and
(ii) after the related Cross-Over Date, the Junior Prepayment Percentage
for such Certificate Group shall be zero.
Latest Possible Maturity Date: With respect to either Mortgage Pool,
April 25, 2031.
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: None.
LIBOR Determination Date: The second London Banking Day immediately
preceding the commencement of each Interest Accrual Period for any LIBOR
Certificates.
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.
Living Holder: Any Certificate Owner of a Designated Retail
Certificate, other than a Deceased Holder.
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 Mortgage Pool and 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 an Accrual Component, an amount equal to
the Accrual Amount for such Corresponding Class for each previous
Distribution Date) less the sum of (i) aggregate amount of principal
allocable thereto on previous Distribution Dates pursuant to Section
2.05(a) and (ii) any Realized Losses or Subordinate Component Writedown
Amount allocated thereto on previous Distribution Dates.
Lower Tier Interest: As to each Mortgage Pool, 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 Mortgage Pool and each Lower Tier
Interest, the applicable "Lower Tier Interest Rate," if any, set forth in
Section 2.05(a) hereof.
Lower Tier REMIC: One of the two separate REMICs created pursuant to
Section 2.05 hereof, the assets of which consist of the assets and rights
specified in clauses (i) through (viii) of the definition of the term Trust
Fund.
MLCC: Merrill Lynch Credit Corporation, or its successor in interest.
Monthly Advance: With respect to any Distribution Date and each
Mortgage Pool, 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 in respect of such Mortgage Pool, the
amount of any such Monthly Advance being equal to (a) the aggregate of
payments of principal and interest (adjusted to the related Net Mortgage
Rate) on the Mortgage Loans in such Mortgage Pool 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 from such Mortgage Pool. 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: With respect to each Mortgage Pool, 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, identified by Mortgage Pool, 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.
Mortgage Pool: Either of Pool 1 or Pool 2, as applicable. For purposes
hereof, the Pool 1 Certificates and Pool 2 Certificates shall relate to
Pool 1 and Pool 2, respectively.
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 and any
Certificate Group, the excess, if any, of the aggregate Interest Shortfalls
allocable to the Certificates and Components of such Certificate Group (as
determined in accordance with the definition of Interest Shortfall) for
such Distribution Date over any related 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 Servicing Fee Rate.
Non-Book-Entry Certificate: Any Certificate other than a Book-Entry
Certificate.
Non-Discount Mortgage Loan: With respect to either Mortgage Pool, 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 in either Mortgage
Pool, 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) from each
Mortgage Pool 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 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 2-A4, Class 2-A6 or Class S
Certificate.
Notional Component: Any Class 1-A5A, Class 1-A5B or Class S Component.
Notional Component Balance: As to any Distribution Date and the Class
1-A5A Component, (1) the sum of (a) 0.65% of the Class Certificate
Principal Balance of the Class 1-A1 Certificates on such Distribution Date,
(b) 0.40% of the Class Certificate Principal Balance of the Class 1-A2
Certificates on such Distribution Date and (c) 0.15% of the Class
Certificate Principal Balance of the Class 1-A3 Certificates on such
Distribution Date (2) divided by 6.75%. As to any Distribution Date and the
Class 1-A5B Component, 0.40% of the Class Certificate Principal Balance of
the Class 1-A4 Certificates on such Distribution Date divided by 6.75%. As
to any Distribution Date and any Class S Component, the aggregate Scheduled
Principal Balance of the Outstanding Non-Discount Mortgage Loans in the
related Mortgage Pool as of the Due Date in the month preceding such
Distribution Date.
Notional Principal Balance: As to any Distribution Date and the Class
S Certificates, the sum of the Notional Component Balances of the Class S
Components for such date. As to any Distribution Date and each of the Class
2-A4 and Class 2-A6 Certificates, the Class Certificate Principal Balance
of the Class 2-A3 Certificates for such 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.
PAC Certificate: The Class 1-A1, Class 1-A2 or Class 1-A3
Certificates.
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 or Component, the
percentage interest in the undivided beneficial ownership interest in the
Trust Fund evidenced by Certificates or Components of the same Class as
such Certificate or Component. With respect to any Certificate, the
Percentage Interest evidenced thereby shall equal the Initial Certificate
Principal Balance or the initial Component Principal Balance (or, in the
case of a Notional Certificate or Notional Component, the initial Notional
Principal Balance of such Certificate or Component) thereof divided by the
aggregate Initial Certificate Principal Balance or the initial Component
Principal Balance (or, in the case of a Notional Certificate or Notional
Component, the aggregate initial Notional Principal Balance of such
Certificate or Component) of all Certificates or Components 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
(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 Amended and Restated
Pledged Asset Mortgage Servicing Agreement, dated as of June 2, 1998,
between MLCC and the Company.
PO Percentage: As to any Discount Mortgage Loan in either Mortgage
Pool, 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%.
Pool 1: The aggregate of the Mortgage Loans identified in the Mortgage
Loan Schedule as Pool 1 Mortgage Loans.
Pool 1 Certificate: Any Pool 1 Senior Certificate, Pool 1 Junior
Component or Class 1-S Component.
Pool 1 Certificate Account: The trust account or accounts in respect
of Pool 1 created and maintained with the Trustee pursuant to Section 3.02
and which must be an Eligible Account.
Pool 1 Cross-Over Date: As to the Pool 1 Certificates, the first
Distribution Date on which the aggregate Component Principal Balance of the
Junior Components of the Pool 1 Certificates has been reduced to zero
(giving effect to all distributions on such Distribution Date).
Pool 1 Junior Component: Any Class 1-M, Class 1-B1, Class 1-B2, Class
1-B3, Class 1-B4 or Class 1-B5 Component.
Pool 1 Mortgage Loan: A Mortgage Loan identified as a Pool 1 Mortgage
Loan in the Mortgage Loan Schedule.
Pool 1 Senior Certificate: Any Class 1-A1, Class 1-A2, Class 1-A3,
Class 1-A4, Class 1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9,
Class 1-A10, Class 1-A11, Class 1-A12 or Class R-RL Certificate or the
Class 1-PO Component.
Pool 2: The aggregate of the Mortgage Loans identified in the Mortgage
Loan Schedule as Pool 2 Mortgage Loans.
Pool 2 Certificate: Any Pool 2 Senior Certificate, Pool 2 Junior
Component or Class 2-S Component.
Pool 2 Certificate Account: The trust account or accounts in respect
of Pool 2 created and maintained with the Trustee pursuant to Section 3.02
and which must be an Eligible Account.
Pool 2 Cross-Over Date: As to the Pool 2 Certificates, the first
Distribution Date on which the aggregate Component Principal Balance of the
Junior Components of the Pool 2 Certificates has been reduced to zero
(giving effect to all distributions on such Distribution Date).
Pool 2 Group I Final Distribution Date: The first Distribution Date on
which the aggregate Certificate Principal Balance of the Pool 2 Group I
Senior Certificates has been reduced to zero.
Pool 2 Group I Senior Certificate: Any Class 2-A1, Class 2-A2 or Class
2-A3 Certificate.
Pool 2 Group I Senior Principal Distribution Amount: As defined in
Section 4.01(b)(iii)(B).
Pool 2 Group II Senior Certificate: Any Class 2-A5 Certificate.
Pool 2 Junior Component: Any Class 2-M, Class 2-B1, Class 2-B2, Class
2-B3, Class 2-B4 or Class 2-B5 Component.
Pool 2 Mortgage Loan: A Mortgage Loan identified as a Pool 2 Mortgage
Loan in the Mortgage Loan Schedule.
Pool 2 Senior Certificate: Any Class 2-A1, Class 2-A2, Class 2-A3,
Class 2-A4, Class 2-A5 or Class 2-A6 Certificate or the Class 2-PO
Component.
Pool Scheduled Principal Balance: With respect to any Distribution
Date and each Mortgage Pool, the aggregate Scheduled Principal Balance of
all the Mortgage Loans in such Mortgage Pool 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: 250% of the Prepayment Assumption, in
the case of the Pool 1 Certificates, and 275% of the Prepayment Assumption,
in the case of the Pool 2 Certificates.
Prepayment Distribution Trigger: As of any Distribution Date and as to
each Class B Component, the related Prepayment Distribution Trigger is
satisfied if (x) the fraction, expressed as a percentage, the numerator of
which is the aggregate Component Principal Balance of such Component and
each Junior Component of the related Certificate Group subordinate thereto,
if any, on such Distribution Date, and the denominator of which is the Pool
Scheduled Principal Balance for the related Mortgage Pool 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 and the Scheduled Balances of any Scheduled
Certificates and Scheduled Components.
Principal Distribution Request: Any request for a distribution in
reduction of the Class Certificate Principal Balance of any Designated
Retail Certificate, submitted in writing to a Depository Participant or
Financial Intermediary (or, if such Designated Retail Certificate is no
longer represented by a Book-Entry Certificate, to the Trustee) by the
Certificate Owner (or Certificateholder) of such Designated Retail
Certificate pursuant to Section 4.10(c) or 4.10(g), as applicable.
Principal Only Certificate: Any Class 1-A11 or Class PO Certificate.
Principal Only Component: Either of the Class 1-PO or Class 2-PO
Components.
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 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 April 22, 1999.
Prohibited Transaction Exemption: U.S. Department of Labor Prohibited
Transaction Exemption 91-14, 56 Fed. Reg. 7413, February 22, 1991.
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 Net Mortgage Rate
for such Mortgage Loan.
QIB: A "qualified institutional buyer" as defined in Rule 144A under
the Securities Act of 1933, as amended.
Random Lot: With respect to any Distribution Date prior to the related
Cross-Over Date, if the amount available for distribution in reduction of
the Class Certificate Principal Balance of any Class of Designated Retail
Certificates on such Distribution Date exceeds the amount needed to honor
all Principal Distribution Requests with respect to such Class on such
date, the method by which the Depository will determine which Depository
Participants holding interests in such Class of Certificates will receive
payments of amounts distributable in respect of principal on such Class on
such Distribution Date, using its established random lot procedures or, if
such Class of Certificates is no longer represented by Book-Entry
Certificates, the method by which the Trustee will determine which
Certificates of such Class will receive payments of amounts distributable
in respect of principal on such Class on such Distribution Date, using its
own random lot procedures comparable to those used by the Depository.
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.
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. Department 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.
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.
Residual Certificate: Any Class R-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 Class PO or Class S Certificate or
Restricted Junior Certificate.
Restricted Junior Certificate: Any Class B3, Class B4 or Class B5
Certificate.
Rounding Account: With respect to each Class of Designated Retail
Certificates, the respective segregated, non-interest bearing Eligible
Account created and maintained therefor pursuant to Section 4.10.
Rounding Account Depositor: For each Rounding Account, Lehman Brothers
Inc.
Rounding Amount: With respect to any Class of Designated Retail
Certificates and each Distribution Date prior to the related Cross-Over
Date on which such Class of Certificates is entitled to a distribution in
reduction of the Class Certificate Principal Balance thereof, the amount,
if any, necessary to round the aggregate of such distribution (after giving
effect to any deposit into the related Rounding Account on such
Distribution Date) upward to the next higher integral multiple of $1,000.
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: None.
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 related 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 Pool 1 Senior Certificate or Pool 2 Senior
Certificate.
Senior Certificate Principal Balance: As of any Distribution Date and
as to each Certificate Group, an amount equal to the sum of the Certificate
Principal Balances of the Senior Certificates in such Certificate Group
(other than, in the case of the Pool 1 Certificates, the Class 1-PO
Component, and in the case of the Pool 2 Certificates, the Class 2-PO
Component).
Senior Optimal Principal Amount: As to any Distribution Date and each
Certificate Group, an amount equal to the sum of:
(i) the related 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 in the related Mortgage Pool 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 in respect of such
Mortgage Pool subsequent to the related 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 related Senior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part in respect of the related
Mortgage Pool received during the related Prepayment Period, together with
the related Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan in the
related Mortgage Pool which was the subject of a Voluntary Principal
Prepayment in full during the related Prepayment Period;
(iii) the lesser of (x) the related Senior Percentage of the
applicable Non-PO Percentage of the sum of (A) the Scheduled Principal
Balance of each Mortgage Loan in the related Mortgage Pool 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 in the related Mortgage Pool 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 related 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) in respect of the related
Mortgage Pool, and (y) the related 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 in the related Mortgage Pool (other than Mortgage Loans described in
clause (B)) and (B) the principal balance of each such Mortgage Loan in the
related Mortgage Pool purchased by an insurer from the Trustee pursuant to
the related Primary Insurance Policy, in each case during the related
Prepayment Period;
(iv) the related Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan in the
related Mortgage Pool which was purchased on such Distribution Date
pursuant to Section 2.02, 2.03(a) or 3.16; and
(v) the related Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan in the related
Mortgage Pool 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 and each Certificate
Group, the lesser of (i) 100% and (ii) the percentage (carried to six
places rounded up) obtained by dividing the Senior Certificate Principal
Balance for such Certificate Group immediately prior to such Distribution
Date by an amount equal to the sum of (x) the Certificate Principal
Balances of all the Senior Certificates in such Certificate Group other
than, in the case of the Pool 1 Certificates, the Class 1-PO Component, and
in the case of the Pool 2 Certificates, the Class 2-PO Component, and (y)
the aggregate of the Component Principal Balances of the Junior Components
in such Certificate Group, in each case, immediately prior to such
Distribution Date.
Senior Prepayment Percentage: As to each Certificate Group, for any
Distribution Date occurring prior to the fifth anniversary of the first
Distribution Date, 100%. As to each Certificate Group, 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 April 2004 to and
including the Distribution Date in April 2005, the related Senior
Percentage for such Distribution Date plus 70% of the related Junior
Percentage for such Distribution Date;
(ii) for any Distribution Date subsequent to April 2005 to and
including the Distribution Date in April 2006, the related Senior
Percentage for such Distribution Date plus 60% of the related Junior
Percentage for such Distribution Date;
(iii) for any Distribution Date subsequent to April 2006 to and
including the Distribution Date in April 2007, the related Senior
Percentage for such Distribution Date plus 40% of the related Junior
Percentage for such Distribution Date;
(iv) for any Distribution Date subsequent to April 2007 to and
including the Distribution Date in April 2008, the related Senior
Percentage for such Distribution Date plus 20% of the related Junior
Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the related Senior
Percentage for such Distribution Date.
Notwithstanding the foregoing, if on any Distribution Date the related
Senior Percentage exceeds the related Senior Percentage as of the Closing
Date, the Senior Prepayment Percentage for such Certificate Group for such
Distribution Date will equal 100%.
In addition, notwithstanding the foregoing, no reduction of the Senior
Prepayment Percentage for a Certificate Group 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 in the related Mortgage Pool is delinquent 60 days or
more (including for this purpose any Mortgage Loans in foreclosure and
REO Mortgage Loans) as a percentage of the aggregate Component
Principal Balance of the related Junior Components as of such date,
does not exceed 50%, and (ii) cumulative Realized Losses with respect
to the Mortgage Loans in the related Mortgage Pool do not exceed (a)
30% of the aggregate Component Principal Balance of the related Junior
Components as of the Closing Date (the "Original Subordinate Principal
Balance" for such Certificate Group) if such Distribution Date occurs
between and including May 2004 and April 2005, (b) 35% of the Original
Subordinate Principal Balance for such Certificate Group if such
Distribution Date occurs between and including May 2005 and April
2006, (c) 40% of the Original Subordinate Principal Balance for such
Certificate Group if such Distribution Date occurs between and
including May 2006 and April 2007, (d) 45% of the Original Subordinate
Principal Balance for such Certificate Group if such Distribution Date
occurs between and including May 2007 and April 2008 and (e) 50% of
the Original Subordinate Principal Balance for such Certificate Group
if such Distribution Date occurs during or after May 2008; 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 in the related Mortgage Pool 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 in the
related Mortgage Pool averaged over the last three months, does not
exceed 4%, and (ii) cumulative Realized Losses with respect to the
Mortgage Loans in the related Mortgage Pool do not exceed (a) 10% of
the Original Subordinate Principal Balance for such Certificate Group
if such Distribution Date occurs between and including May 2004 and
April 2005, (b) 15% of the Original Subordinate Principal Balance for
such Certificate Group if such Distribution Date occurs between and
including May 2005 and April 2006, (c) 20% of the Original Subordinate
Principal Balance for such Certificate Group if such Distribution Date
occurs between and including May 2006 and April 2007, (d) 25% of the
Original Subordinate Principal Balance for such Certificate Group if
such Distribution Date occurs between and including May 2007 and April
2008, and (e) 30% of the Original Subordinate Principal Balance for
such Certificate Group if such Distribution Date occurs during or
after May 2008.
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, 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 Servicing Fee Rate for such Mortgage Loan.
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.
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 Event Loss: Any Fraud Loss, Special Hazard Loss or, Deficient
Valuation.
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;
(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 $5,850,634, in the case of Pool 1, and $4,416,385, in the case of
Pool 2, minus, in each case, the sum of (i) the aggregate amount of Special
Hazard Losses in respect of such Mortgage Pool that would have been
allocated to the related Junior Components in accordance with Section 4.03
in the absence of the applicable Loss Allocation Limitation and (ii) the
related Adjustment Amount (as defined below) as most recently calculated.
On each anniversary of the Cut-off Date, the "Adjustment Amount" for each
Mortgage Pool shall be equal to the amount, if any, by which the amount
calculated in accordance with the preceding sentence for such Mortgage Pool
(without giving effect to the deduction of the related Adjustment Amount
for such anniversary) exceeds the lesser of (x) the greater of (A) the
product of the Special Hazard Percentage for such Mortgage Pool for such
anniversary multiplied by the outstanding principal balance of all the
Mortgage Loans in such Mortgage Pool on the Distribution Date immediately
preceding such anniversary and (B) twice the outstanding principal balance
of the Mortgage Loan in such Mortgage Pool that 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: With respect to each Mortgage Pool and 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 in such Mortgage Pool 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 in such
Mortgage Pool as of the immediately preceding Distribution Date.
Special Hazard Termination Date: With respect to each Mortgage Pool,
the Distribution Date upon which the Special Hazard Loss Amount for such
Mortgage Pool has been reduced to zero or a negative number (or the related
Cross-Over Date, if earlier).
Specified Component: Each Junior Component and the Class 1-A5A, Class
1-A5B, Class 1-A5C, Class 1-S, Class 2-S and Class R-RL Components.
Startup Day: As defined in Section 2.05(c).
Strip Rate: With respect to each Class S Component and any
Distribution Date, a variable rate per annum equal to the excess of (x) the
weighted average (by Scheduled Principal Balance) carried to six decimal
places, rounded down, of the Net Mortgage Rates of the Outstanding
Non-Discount Mortgage Loans in the related Mortgage Pool as of the Due Date
in the preceding calendar month (or the Cut-off Date, in the case of the
first Distribution Date) over (y) 6.75%; provided, however, that such
calculation shall not include any Mortgage Loan in such Mortgage Pool that
was the subject of a Voluntary Principal Prepayment in full received by the
Company (or of which the Company received notice, in the case of a Mortgage
Loan serviced by a Primary Servicer) on or after the first day but on or
before the 15th day of such preceding calendar month.
Subordinate Component: As to any date of determination and each
Certificate Group, first, the Class B5 Component of such Certificate Group
until the Component Principal Balance thereof has been reduced to zero;
second, the Class B4 Component of such Certificate Group until the
Component Principal Balance thereof has been reduced to zero; third, the
Class B3 Component of such Certificate Group until the Component Principal
Balance thereof has been reduced to zero; fourth, the Class B2 Component of
such Certificate Group until the Component Principal Balance thereof has
been reduced to zero; fifth, the Class B1 Component of such Certificate
Group until the Component Principal Balance thereof has been reduced to
zero; and sixth, the Class M Component of such Certificate Group until the
Component Principal Balance thereof has been reduced to zero.
Subordinate Component Writedown Amount: As to any Distribution Date
and each Certificate Group, first, any amount distributed to the Class PO
Component of such Certificate Group on such Distribution Date pursuant to
Section 4.01(a)(iv) or Section 4.01(b)(iv), as applicable, and second,
after giving effect to the application of the applicable portion of clause
first above, the amount by which (i) the sum of the Class Certificate
Principal Balances of all the Senior Certificates and Component Principal
Balances of the Junior Components of the related Certificate Group (after
giving effect to the distribution of principal and the application of
Realized Losses in reduction of the Certificate Principal Balances (or
Component Principal Balances) of the related Certificates (or Components)
on such Distribution Date) exceeds (ii) the Pool Scheduled Principal
Balance of the related Mortgage Pool on the first day of the month of such
Distribution Date less any Deficient Valuations occurring in respect of the
Mortgage Loans in such Mortgage Pool on or prior to the related 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.
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. For purposes hereof, the
TAC Balance schedule for each of the Class 1-A4 Certificates and Class
1-A5C Component shall be subdivided into two TAC Balance schedules, "TAC
Balance No. 1" and "TAC Balance No. 2," respectively; and the Class 1-A9
and Class 1-A10 Certificates shall in the aggregate pay to the "Class 1-A9,
Class 1-A10 Aggregate TAC Balance."
TAC Certificates: The Class 1-A4, Class 1-A8, Class 1-A9 and Class
1-A10 Certificates.
TAC Component: The Class 1-A5C Component.
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) (which collateral funds will not constitute a part of any
REMIC established hereunder); and
(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 (which rights will
not constitute a part of any REMIC established hereunder).
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(h) 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 (A)
Section 4.01(a)(ii), in the case of the Pool 1 Senior Certificates (other
than any Class of Principal Only Certificates) and any Specified Component
thereof (other than any Principal Only Component) and the Class 1-S
Component, Section 4.01(a)(vi), in the case of the Class 1-M Component,
Section 4.01(a)(ix), in the case of the Class 1-B1 Component, Section
4.01(a)(xii), in the case of the Class 1-B2 Component, Section 4.01(a)(xv),
in the case of the Class 1-B3 Component, Section 4.01(a)(xviii), in the
case of the Class 1-B4 Component, and Section 4.01(a)(xxi), in the case of
the Class 1-B5 Component and (B) Section 4.01(b)(ii), in the case of the
Pool 2 Senior Certificates (other than any Class of Principal Only
Certificates) and any Specified Component thereof (other than any Principal
Only Component) and the Class 2-S Component, Section 4.01(b)(vi), in the
case of the Class 2-M Component, Section 4.01(b)(ix), in the case of the
Class 2-B1 Component, Section 4.01(b)(xii), in the case of the Class 2-B2
Component, Section 4.01(b)(xv), in the case of the Class 2-B3 Component,
Section 4.01(b)(xviii), in the case of the Class 2-B4 Component, and
Section 4.01(b)(xxi), in the case of the Class 2-B5 Component. 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 created pursuant to
Section 2.05 hereof, the assets of which consist of the Lower Tier
Interests and the Rounding Accounts.
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, 97% of all Voting Rights shall be allocated to the Certificates
other than the Class 2-A4, Class 2-A6 and Class S Certificates, 1% of all
Voting Rights shall be allocated to the Class 2-A4 Certificates and 2% of
all Voting Rights shall be allocated to the Class S Certificates. The Class
2-A6 Certificates shall have no Voting Rights. Voting Rights allocated to
the Class S Certificates shall be allocated among the Certificates of such
Class in proportion to their Notional Principal Balances. Voting Rights
allocated to the other Classes of Certificates shall be allocated among
such Classes (and among the Certificates within each such Class) in
proportion to their Class Certificate Principal Balances (or Certificate
Principal Balances), as the case may be. With respect to any matters
relating exclusively to the Pool 1 Certificates or Pool 1 Mortgage Loans,
only Pool 1 Certificateholders will be entitled to vote with respect
thereto, and with respect to any matters relating exclusively to the Pool 2
Certificates or Pool 2 Mortgage Loans, only Pool 2 Certificateholders will
be entitled to vote with respect thereto. Voting Rights allocated to the
Certificateholders of one Mortgage Pool shall be allocated based on the
respective Certificate Principal Balances or Component Principal Balances
in proportion to the Scheduled Principal Balances of the Mortgage Loans of
such Mortgage Pool.
Section 1.02. Construction. Whenever used in this Agreement, the term
"related" or "applicable" when used in connection with a defined term shall
indicate, unless the context otherwise requires, that such defined term is being
used with respect to Pool 1 or Pool 2, as the case may be, or one or more
Classes or Components of Pool 1 Certificates or Pool 2 Certificates, as the case
may be, or Pool 1 Mortgage Loans or Pool 2 Mortgage Loans, as the case may be.
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). The Company acknowledges it has
sold all right, title and interest in and to the Mortgage Loans to the Trustee
to the extent provided above and that retention of record title of Mortgages
(subject to Section 2.01(d) of this Agreement) is for convenience only and that
the Company holds record title solely as custodian for the Trustee for benefit
of the Certificateholders. The Company agrees that it will take no action
inconsistent with ownership of the Mortgage Loans by the Trustee and will not
deliver any instrument of satisfaction or conveyance with respect to a Mortgage
or a Mortgage Loan, or convey or purport to convey any interest in a Mortgage
Loan, except in accordance with the terms and the intent of this Agreement.
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;
(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);
(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 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 the
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 UCC-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. 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 related 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 in
respect of the Mortgage Loans 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 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 in Pool 1 and none of the Mortgage
Loans in Pool 2 constitute Pledged Asset Mortgage Loans. The Loan-to-Value
Ratio of each Mortgage Loan (other than Pledged Asset Mortgage Loans) was
not more than 95.00%. Each Mortgage Loan that had, as of the Cut-off Date,
a Loan-to-Value Ratio of more than 80% 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. None of the Pledged
Asset Mortgage Loans is covered by a Primary Insurance Policy;
(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 6.250% per annum and not greater than 9.500% per annum,
in the case of Pool 1, and was not less than 6.250% per annum and not
greater than 9.875% per annum, in the case of Pool 2. 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 9.00% of the Mortgage
Loans in Pool 1 and no more than 11.00% of the Mortgage Loans in Pool 2, in
each case 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
1.25% of the Mortgage Loans in Pool 1 and no more than 1.00% of the
Mortgage Loans in Pool 2, in each case by Scheduled Principal Balance, had
a Scheduled Principal Balance of more than $750,000 and up to and including
$1,000,000; and (iii) 1.00% of the Mortgage Loans in Pool 1 and 0.50% of
the Mortgage Loans in Pool 2 had a Scheduled Principal Balance of more than
$1,000,000;
(xv) As of the Cut-off Date, no more than 1.50% of the Mortgage Loans
in Pool 1 and no more than 1.75% of the Mortgage Loans in Pool 2, in each
case 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 97.50% of the Mortgage Loans in
Pool 1 and at least 98.25% of the Mortgage Loans in Pool 2, in each case 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 94.25% of the Mortgage Loans in
Pool 1 and at least 92.00% of the Mortgage Loans in Pool 2, in each case by
Scheduled Principal Balance, are secured by one-family detached residences;
(xviii) As of the Cut-off Date, no more than 2.75% of the Mortgage
Loans in Pool 1 and no more than 4.25% of the Mortgage Loans in Pool 2, in
each case by Scheduled Principal Balance, are secured by condominiums and,
as of the Cut-off Date, no more than 1.75% of the Mortgage Loans in Pool 1
and no more than 3.00% of the Mortgage Loans in Pool 2, in each case 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 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 1.50% of the Mortgage Loans
in Pool 1 and no more than 1.75% of the Mortgage Loans in Pool 2, in each
case 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
in Pool 1 and no more than 0.50% of the Mortgage Loans in Pool 2, 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. Each Buydown Mortgage Loan has been fully funded;
(xxi) The original principal balances of the Mortgage Loans in Pool 1
range from $19,350 to $1,500,00, and the original principal balances of the
Mortgage Loan in Pool 2 range from $69,500 to $1,100,000;
(xxii)As of the Cut-off Date, no more than 2.00% of the Mortgage Loans
in Pool 1 and no more than 1.00% of the Mortgage Loans in Pool 2, in each
case by Scheduled Principal Balance, are secured by second homes, no more
than 0.75% of the Mortgage Loans in Pool 1 and no more than 1.00% of the
Mortgage Loans in Pool 2, in each case 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 Trusts -- The
Mortgage Loans" in the Company's prospectus dated April 22, 1999,
accompanying the Prospectus Supplement dated April 22, 1999, pursuant to
which certain Classes of the Certificates were publicly offered;
(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;
(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 0.25% of the Mortgage Loans
in Pool 1, by Scheduled Principal Balance, and none of the Mortgage Loans
in Pool 2 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
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.
(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
Net Mortgage Rate, to be deposited by the Company in the related 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 related Mortgage Loans, the Certificates in authorized
denominations evidencing the entire ownership of the Trust Fund.
Section 2.05. The REMICs; Designations under the REMIC Provisions. (a) For
federal income tax purposes, the Trust Fund shall consist of two REMICs, the
Lower Tier REMIC and the Upper Tier REMIC. The Lower Tier REMIC shall be
evidenced by the Class RL Component and the Lower Tier Interests having the
characteristics and terms set forth in the following table, which Lower Tier
Interests and the Class RL Component shall be issued by the Lower Tier REMIC.
The Lower Tier Interest shall be issued to the Trustee. The Lower Tier Interests
and the proceeds 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.
<TABLE>
<CAPTION>
Corresponding Class of
Certificates (or Components)1
---------------------------------------------
Lower-Tier Initial Lower Lower-Tier
Interest Tier Balance Interest Rate Allocation Allocation
-------- ------------ ------------- of of
Principal Interests
--------- ---------
<S> <C> <C> <C> <C>
1-A1 $95,940,000.00 6.75% 1-A1 (2)
1-A2 96,506,000.00 6.75 1-A2 (2)
1-A3 8,497,000.00 6.75 1-A3 (2)
1-A4 131,909,000.00 6.75 1-A4 (3)
1-A5C 62,400,000.00 6.75 1-A5C 1-A5C
1-A6 10,600,000.00 6.75 1-A6 1-A6
1-A7 1,071,571.00 7.00 1-A7 1-A7
1-A8 7,757,000.00 7.00 1-A8 1-A8
1-A9 6,568,500.00 7.00 1-A9 1-A9
1-A10 5,431,500.00 7.00 1-A10 1-A10
1-A11 771,429.00 0.00 1-A11 N/A
1-A12 3,000,000.00 6.75 1-A12 1-A12
1-PO 3,066,688.21 0.00 1-PO N/A
1-M 8,354,000.00 6.75 1-M 1-M
1-B1 3,387,000.00 6.75 1-B1 1-B1
1-B2 2,032,000.00 6.75 1-B2 1-B2
1-B3 2,258,000.00 6.75 1-B3 1-B3
1-B4 903,000.00 6.75 1-B4 1-B4
1-B5 1,129,516.04 6.75 1-B5 1-B5
1-S 316,460,149.52 (5) N/A 1-S
R 50.00 6.75 R-RL R-RL
2-A1 $171,397,000.00 6.75% 2-A1 2-A1
2-A2 15,420,000.00 6.75 2-A2 2-A2
2-A3 27,000,000.00 6.75 2-A3 (4)
2-A5 27,000,000.00 6.75 2-A5 2-A5
2-PO 1,453,084.49 0.00 2-PO N/A
2-M 4,668,000.00 6.75 2-M 2-M
2-B1 1,893,000.00 6.75 2-B1 2-B1
2-B2 1,010,000.00 6.75 2-B2 2-B2
2-B3 1,261,000.00 6.75 2-B3 2-B3
2-B4 505,000.00 6.75 2-B4 2-B4
2-B5 757,750.36 6.75 2-B5 2-B5
2-S 195,711,243.52 (5) N/A 2-S
</TABLE>
(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, the amount of interest accrued on each of Lower
Tier Interest 1-A1, 1-A2 and 1-A3 for the preceding Interest Accrual Period
shall be allocable as follows: (i) an amount equal to the Accrued
Certificate Interest on the Class of Certificates with the corresponding
alpha-numerical designation shall be allocated to such Class; (ii) the
remaining portion of the interest accrued on each such Lower Tier Interest
shall be allocable to the Class 1-A5A Component.
(3) On each Distribution Date, the amount of interest accrued on Lower Tier
Interest 1-A4 for the preceding Interest Accrual Period shall be allocable
as follows: (i) an amount equal to the Accrued Certificate Interest on the
Class of Certificates with the corresponding alpha-numerical designation
shall be allocated to such Class; (ii) the remaining portion of the
interest accrued on such Lower Tier Interest shall be allocable to the
Class 1-A5B Component.
(4) On each Distribution Date, the amount of interest accrued on Lower Tier
Interest 2-A3 for the preceding Interest Accrual Period shall be allocable
to the Class 2-A3, Class 2-A4 and Class 2-A6 Certificates, in each case, in
an amount equal to Accrued Certificate Interest for such Class on such
Distribution Date.
(5) The Strip Rate for the related Mortgage Pool.
(i) The Lower Tier Interests shall be issued as non-certificated
interests.
(ii) 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.
(iii) 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 R-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(a)(ii) have been so
applied.
(b) The Company hereby designates the Lower Tier Interests identified in
Section 2.05(a) above as "regular interests," and the Class RL Component as the
"residual interest," in the Lower Tier REMIC for purposes of the REMIC
Provisions. 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 Component as the "residual interest, "in the Upper
Tier REMIC for purposes of the REMIC Provisions.
(c) The Closing Date will be the "Startup Day" for each REMIC established
hereunder for purposes of the REMIC Provisions.
(d) The "tax matters person" with respect to each REMIC established
hereunder for purposes of the REMIC Provisions shall be (i) the Company, if the
Company is the owner of a Residual Certificate, or (ii) in any other case, the
beneficial owner of the Residual 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 Residual 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 each REMIC
established hereunder for purposes of the REMIC Provisions.
(e) The "latest possible maturity date" of the regular interests in each
REMIC established hereunder 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 (x) of the definition
of the term Trust Fund constitute a part of any REMIC established hereunder.
(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 an asset of any REMIC.
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer. (a) It is intended that each
REMIC established hereunder shall constitute, and that the affairs of each such
REMIC shall be conducted so as to qualify each of the Upper Tier REMIC and the
Lower Tier REMIC (in each case, 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 Lower Tier REMIC established hereunder, and the
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 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 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 REMIC
established hereunder, to be treated as a REMIC, and make the appropriate
designations, if applicable, in accordance with Section 2.05 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 applicable
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
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
REMIC or that would subject the Trust Fund to tax;
(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), 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 Component;
(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 any 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 each 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 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. 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 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 Net Mortgage Rate to the date of such certification has been credited
to the applicable 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 applicable 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 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 Records; Certificate Accounts. (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 no 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
for each Mortgage Pool in which the following payments on and collections in
respect of each Mortgage Loan in such Mortgage Pool shall as promptly as
practicable be credited by the Company for the account of the Holders of the
related 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 Net
Mortgage Rate on the Mortgage Loan received from the related Mortgagor,
including any Buydown Funds applied with respect to interest at the
applicable Net Mortgage Rate on any Buydown Mortgage Loan;
(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 in respect of the related Mortgage
Pool 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 each Mortgage Loan Payment
Record are exclusive, it being understood that, without limiting the generality
of the foregoing, the Company need not enter in either 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 related
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 related Certificate Account
an amount equal to such net loss at the time the Company is required to deposit
amounts in such 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 for each Mortgage
Pool designated in the name of the Trustee for the benefit of the Holders of the
related Certificates issued hereunder (each, a "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 in respect of such Mortgage Pool for such
Distribution Date and any Unanticipated Recoveries in respect of such Mortgage
Pool 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.
(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 respect of each Mortgage Pool, in the name of the Trustee
and bearing a designation indicating that amounts therein are held for the
benefit of the Trustee and the related 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 applicable
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 related Certificates. All amounts so deposited shall be held in
trust for the benefit of the related 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 each Mortgage Loan Payment Record and credits and debits to
such Record shall be deemed to refer to the related 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 related 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 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 Records. The
Company (or any successor servicer pursuant to Section 7.02) may, from time to
time, make debits to each Mortgage Loan Payment Record for the following
purposes (in each case as to the Mortgage Loans in the related Mortgage Pool):
(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 such 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
such 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);
(vii) To reimburse the Company (or the Trustee, as applicable) for any
Nonrecoverable Advance in respect of such Mortgage Pool (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 related Certificate Account
pursuant to Section 3.02(d);
(ix) To pay to the Company amounts received in respect of any Mortgage
Loan purchased by the Company pursuant to Section 9.01 to the extent that
the distribution of any such amounts on the final 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 specified in
clause (x) of the first sentence of Section 9.01; and
(x) To deduct any amounts credited to the related 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 related 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 related 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 applicable 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 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 applicable 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
applicable 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 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
of the related Certificate Group 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 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 any 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 any of the REMICs 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 (i) 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 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 between the
Servicing Fee and interest at the Net Mortgage 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.
(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 (i) 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 Trust Fund. 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 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 applicable 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 applicable 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 in respect of
the Mortgage Loans in a Mortgage Pool shall be reduced by the amount of any
Compensating Interest Payment in respect of such Mortgage Pool 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 a 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
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 each 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 each 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,
2000, 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, 2000, 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 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 in respect of Pool 1 from the Pool 1
Certificate Account and shall make distributions to Holders of the Pool 1
Certificates as of the preceding Record Date (and in respect of the various
Components) in the following order of priority, to the extent of the remaining
Available Funds in respect of Pool 1:
(i) to each Class of Pool 1 Senior Certificates (other than any Class
of Principal Only Certificates) and the Class 1-S Component, the Accrued
Certificate Interest thereon for such Distribution Date; provided, however,
that any Accrued Certificate Interest on the Class 1-A5C Component and the
Class 1-A6 Certificates for such Distribution Date shall be applied in the
manner provided in Section 4.01(g); and provided, further, that any
shortfall in available amounts shall be allocated among such Classes (or
Components) in proportion to the amount of Accrued Certificate Interest
that would otherwise be distributable thereto;
(ii) to each Class of Pool 1 Senior Certificates (other than any Class
of Principal Only Certificates) and the Class 1-S Component, any related
Unpaid Class Interest Shortfall for such Distribution Date; provided,
however, that any Accrued Certificate Interest on the Class 1-A5C Component
and the Class 1-A6 Certificates for such Distribution Date shall be applied
in the manner provided in Section 4.01(g); 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 (or
Component) on such Distribution Date;
(iii) to the Pool 1 Senior Certificates in reduction of the Class
Certificate Principal Balances (or Component Principal Balances) thereof,
as set forth in Exhibit O-1 hereto, without regard to the use of the word
"approximately" therein; provided, however, that defined terms used in
Exhibit O-1 shall have the meanings assigned thereto in Article I hereof;
(iv) to the Class 1-PO Component, any related Class PO Deferred Amount
for such Distribution Date, up to an amount not to exceed the Junior
Optimal Principal Amount for the related Certificate Group for such
Distribution Date, until the Component Principal Balance of such Component
has been reduced to zero; provided, that any such amounts distributed to
the Class 1-PO Component pursuant to this clause (iv) shall not reduce the
Component Principal Balance thereof;
(v) to the Class 1-M Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(vi) to the Class 1-M Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(vii) to the Class 1-M Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(viii)to the Class 1-B1 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(ix) to the Class 1-B1 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(x) to the Class 1-B1 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xi) to the Class 1-B2 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xii) to the Class 1-B2 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xiii)to the Class 1-B2 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xiv) to the Class 1-B3 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xv) to the Class 1-B3 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xvi) to the Class 1-B3 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xvii)to the Class 1-B4 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xviii) to the Class 1-B4 Component, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xix) to the Class 1-B4 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xx) to the Class 1-B5 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xxi) to the Class 1-B5 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date; and
(xxii)to the Class 1-B5 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group 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, 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 withdraw the Available
Funds in respect of Pool 2 from the Pool 2 Certificate Account and shall make
distributions to Holders of the Pool 2 Certificates as of the preceding Record
Date (and in respect of the various Components) in the following order of
priority, to the extent of the remaining Available Funds in respect of Pool 2:
(i) to each Class of Pool 2 Senior Certificates (other than any Class
of Principal Only Certificates) and the Class 2-S Component, the Accrued
Certificate Interest thereon for such Distribution Date; provided, however,
that any shortfall in available amounts shall be allocated among such
Classes (or Components) in proportion to the amount of Accrued Certificate
Interest that would otherwise be distributable thereto;
(ii) to each Class of Pool 2 Senior Certificates (other than any Class
of Principal Only Certificates) and the Class 2-S Component, any related
Unpaid Class Interest Shortfall for such Distribution Date; provided,
however, that any shortfall in available amounts shall be allocated among
such Classes in proportion to the Unpaid Class Interest Shortfall for each
such Class (or Component) on such Distribution Date;
(iii) to the Classes of Pool 2 Senior Certificates, other than the
Class 2-A4 and Class 2-A6 Certificates, in reduction of the Class
Certificate Principal Balances thereof, as set forth in Exhibit O-2 hereto,
without regard to the use of the word "approximately" therein; provided,
however, that defined terms used in Exhibit O-2 shall have the meanings
assigned thereto in Article I hereof;
(iv) to the Class 2-PO Component, any related Class PO Deferred Amount
for such Distribution Date, up to an amount not to exceed the Junior
Optimal Principal Amount for the related Certificate Group for such
Distribution Date, until the Component Principal Balance of such Component
has been reduced to zero; provided, that any such amounts distributed to
the Class 2-PO Component pursuant to this clause (iv) shall not reduce the
Component Principal Balance thereof;
(v) to the Class 2-M Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(vi) to the Class 2-M Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(vii) to the Class 2-M Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(viii)to the Class 2-B1 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(ix) to the Class 2-B1 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(x) to the Class 2-B1 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xi) to the Class 2-B2 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xii) to the Class 2-B2 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xiii)to the Class 2-B2 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xiv) to the Class 2-B3 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xv) to the Class 2-B3 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(xvi) to the Class 2-B3 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date; (xvii)to the Class 2-B4 Component, the Accrued
Certificate Interest thereon for such Distribution Date;
(xviii) to the Class 2-B4 Component, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xix) to the Class 2-B4 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group on such
Distribution Date;
(xx) to the Class 2-B5 Component, the Accrued Certificate Interest
thereon for such Distribution Date;
(xxi) to the Class 2-B5 Component, any Unpaid Class Interest Shortfall
therefor on such Distribution Date; and
(xxii)to the Class 2-B5 Component, in reduction of the Component
Principal Balance thereof, such Component's Allocable Share of the Junior
Optimal Principal Amount for the related Certificate Group 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, to reduce the
amount distributable pursuant to clause (x) and sixth, to reduce the amount
distributable pursuant to clause (vii).
(c) On each Distribution Date, the Trustee shall distribute to the holder
of the Class R-RL Certificate, any remaining amounts in the Upper Tier REMIC in
respect of either Mortgage Pool for such Distribution Date after application of
all amounts described in clauses (a) and (b) of this Section 4.01, as
applicable, together with any Unanticipated Recoveries in respect of either
Mortgage Pool 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 related Class pursuant to
Section 4.01(h). Any distributions pursuant to this clause (c) shall not reduce
the Class Certificate Principal Balance of the Residual Certificates.
(d) If on any Distribution Date the Component Principal Balances of the
Pool 1 Junior Components have each been reduced to zero, the amount
distributable to the Pool 1 Senior Certificates (other than the Class 1-PO
Component) pursuant to Section 4.01(a)(iii) for such Distribution Date and each
succeeding Distribution Date shall be allocated among such Classes of Pool 1
Senior Certificates, pro rata, on the basis of their respective Class
Certificate Principal Balances (or Component Principal Balances) immediately
prior to such Distribution Date, regardless of the priorities and amounts set
forth in Section 4.01(a)(iii).
If on any Distribution Date the Component Principal Balances of the Pool 2
Junior Components have each been reduced to zero, the amount distributable to
the Pool 2 Senior Certificates (other than the Class 2-PO Component) pursuant to
Section 4.01(b)(iii) for such Distribution Date and each succeeding Distribution
Date shall be allocated among such Classes of Pool 2 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(b)(iii).
(e) As to each Certificate Group, if on any Distribution Date (i) the
Component Principal Balance of the related Class M Component or any related
Class B Components 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 for such Certificate Group 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), in the case of the
Pool 1 Certificates, or Section 4.01(b), in the case of the Pool 2 Certificates,
have been distributed, such amounts shall be distributed on such Distribution
Date to the remaining Junior Components of such Certificate Group in order of
priority, such that no such distribution shall be made to any Junior Component
while a prior such Component of the related Certificate Group is outstanding.
(f) (i) On each Distribution Date prior to the related Cross-Over Date for
a Certificate Group, distributions in reduction of the Class Certificate
Principal Balances of any related Designated Retail Certificates will be made in
accordance with the provisions of Section 4.10.
With respect to any Class of Designated Retail Certificates, upon the
earlier of the related Cross-Over Date and the next Distribution Date after
the Distribution Date on which the Class Certificate Principal Balance of
such Class of Designated Retail Certificates has been reduced to zero, (x)
to the extent the balance of funds remaining in the related Rounding
Account is less than $999.99, the balance in such Rounding Account shall be
restored to $999.99 (or, if less, the sum of such remaining balance and the
amount so distributable) from Available Funds in respect of the related
Mortgage Pool otherwise available for distribution on all related
outstanding Classes or Components of Certificates and (y) such Rounding
Account shall be cleared and terminated, and the amounts therein shall be
distributed to the Class R-RL Certificates on such date (which distribution
shall not reduce the Class Certificate Principal Balance thereof).
(ii) As provided in Section 4.10(f), notwithstanding any provisions
herein to the contrary, on the related Cross-Over Date and on each
subsequent Distribution Date, distributions in reduction of the Class
Certificate Principal Balances of any Class of related Designated Retail
Certificates shall be made on a pro rata basis among the outstanding
Certificates of the respective Class, based on the Percentage Interest in
each such Class represented by each Certificate. The Trustee shall notify
the Depository prior to the first Distribution Date on which distributions
in respect of principal on any Class of Designated Retail Certificates are
to be made on a pro rata basis in accordance with the preceding sentence.
On the related Cross-Over Date and on each subsequent Distribution Date,
the Trustee shall not, and the Depository is not authorized to, make
distributions or payments in respect of any related Class of Designated
Retail Certificates in accordance with any Principal Distribution Request
or by Random Lot.
(g) (i) On each Distribution Date through the related Accretion Termination
Date, amounts allocable to the Class 1-A5C Component and to the Class 1-A6
Certificates pursuant to clauses (a)(i) and (a)(ii) of this Section 4.01 shall
not be distributable to the Class 1-A5C Component and to the Class 1-A6
Certificates pursuant to such clauses but shall instead be (x) added to the
respective Class Certificate Principal Balance or Component Principal Balance
thereof to the extent of the Accrual Amount for the related Class or Component
for such Distribution Date, and (y) distributed to the following Classes of
Certificates (or Components), in reduction of the Class Certificate Principal
Balances or Component Principal Balance thereof, before any distributions are
made pursuant to Section 4.01(a)(iii), in the following order of priority:
first, to the Class 1-A4 Certificates, up to the amount necessary to
reduce the Class Certificate Principal Balance of the Class 1-A4
Certificates to its TAC Balance No. 1 for such Distribution Date;
second, to the Class 1-A5C Component, up to the amount necessary to
reduce the Component Principal Balance of the Class 1-A5C Component to its
TAC Balance No. 1 for such Distribution Date;
third, to the Class 1-A6 Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
fourth, to the Class 1-A11 Certificates, 3.57143055556% of the
remaining Accrual Amount, until the Class Certificate Principal Balance
thereof has been reduced to zero;
fifth, to the Class 1-A8 Certificates, 37.2421132492% of the remaining
Accrual Amount, up to the amount necessary to reduce the Class Certificate
Principal Balance thereof to its TAC Balance for such Distribution Date;
sixth, sequentially to the Class 1-A9 and Class 1-A10 Certificates,
91.8022783949% of the remaining Accrual Amount, up to the amount necessary
to reduce the Class Certificate Principal Balances thereof to the Class
1-A9, Class 1-A10 Aggregate TAC Balance for such Distribution Date;
seventh, to the Class 1-A7 Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
eighth, to the Class 1-A8, Class 1-A9 and Class 1-A10 Certificates,
concurrently, as follows:
(1) 39.2620337096% of the amount distributable under this
priority eighth to the Class 1-A8 Certificates, without regard to its
TAC Balance for such Distribution Date, until the Class Certificate
Principal Balance thereof has been reduced to zero; and
(2) 60.7379662904% of the amount distributable under this
priority eighth, sequentially to the Class 1-A9 and Class 1-A10
Certificates, without regard to the Class 1-A9, Class 1-A10 Aggregate
TAC Balance for such Distribution Date, until the Class Certificate
Principal Balances thereof have each been reduced to zero;
ninth, to the Class 1-A4 Certificates, up to the amount necessary
to reduce the Class Certificate Principal Balance of the Class 1-A4
Certificates to its TAC Balance No. 2 for such Distribution Date;
tenth, to the Class 1-A5C Component, up to the amount necessary
to reduce the Component Principal Balance of the Class 1-A5C Component
to its TAC Balance No. 2 for such Distribution Date;
eleventh, to the Class 1-A4 Certificates, without regard to its
TAC Balance No. 1 or TAC Balance No. 2, until the Class Certificate
Principal Balance thereof has been reduced to zero; and
twelfth, to the Class 1-A5C Component, without regard to its TAC
Balance No. 1 or TAC Balance No. 2, until the Component Principal
Balance thereof has been reduced to zero.
(ii) On each Distribution Date occurring after the related
Accretion Termination Date, amounts allocable to the Class 1-A5C
Component and Class 1-A6 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
1-A5C Component and Class 1-A6 Certificates, respectively, as Accrued
Certificate Interest.
(h) 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
(or Component thereof) pursuant to Section 4.03, on the Distribution Date in the
next succeeding calendar month the Trustee shall withdraw from the related
Certificate Account and distribute to the holders of each outstanding Class (or
Component thereof) 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 (or Component thereof). When the Class
Certificate Principal Balance of a Class of Certificates or Component Principal
Balance of a Component has been reduced to zero, the holders of such Class or
Component shall not be entitled to any share of an Unanticipated Recovery, and
such Unanticipated Recovery shall be allocated among all outstanding Classes of
Certificates or Components thereof entitled thereto in accordance with the
preceding sentence, subject to the remainder of this subsection (h). In the
event that (i) 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 or Component thereof with respect to the related Mortgage Loan, on the
applicable Distribution Date the Trustee shall distribute to the holders of all
outstanding Classes of the Certificates or Components thereof 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 or
Component with respect to any other Mortgage Loan in the same Mortgage Pool that
has not been recovered in accordance with Section 4.01(h). Any amounts not
otherwise allocated to other Classes of Certificates shall be distributed to the
Holders of the Class R-RL Certificates. Any distributions made pursuant to this
Section 4.01(h) shall not reduce the Class Certificate Principal Balance or
Component Principal Balance of the related Certificate or Component.
For purposes of the preceding paragraph, the share of an Unanticipated
Recovery allocable to any Class of Certificates (or Component thereof) with
respect to a related 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 in the same Mortgage Pool for purposes of the next
to last sentence of the preceding paragraph), and (ii) with respect to any other
Class of Certificates or (Component thereof), based on its pro rata share (in
proportion to the Class Certificate Principal Balances or Component 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 the related Class PO
Component with respect to any Mortgage Loan (or Loans) shall be reduced by the
aggregate amount previously distributed to such Component 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 related Class PO Component
have been so reduced shall be distributed to the Classes of Certificates or
Components of the related Certificate Group 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
the related Class PO Component 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 Component on a pro rata basis (based on the amount of Realized
Losses so allocated).
Section 4.02. Method of Distribution. (a) Except as set forth in Section
4.10 in respect of any Designated Retail Certificates, 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.
Except as otherwise provided in Section 4.10(g), the Depository shall be
responsible for the allocation of the aggregate amount of distributions in
reduction of the Class Certificate Principal Balances of any Class of Designated
Retail Certificates among the Depository Participants in accordance with Section
4.10, and each Depository Participant (and each respective Financial
Intermediary for which such Depository Participant acts as agent) shall be
responsible for the allocation of the amount allocated thereto among the related
Certificate Owners. All such credits and disbursements with respect to a
Book-Entry Certificate are to be made by the Depository and the 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 in each Mortgage Pool 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) in respect of Pool 1 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 1-PO Component until the
Component 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 1-B5 Component until the Component Principal
Balance thereof has been reduced to zero;
second, to the Class 1-B4 Component until the Component Principal
Balance thereof has been reduced to zero;
third, to the Class 1-B3 Component until the Component Principal
Balance thereof has been reduced to zero;
fourth, to the Class 1-B2 Component until the Component Principal
Balance thereof has been reduced to zero;
fifth, to the Class 1-B1 Component until the Component Principal
Balance thereof has been reduced to zero;
sixth, to the Class 1-M Component until the Component Principal
Balance thereof has been reduced to zero; and
seventh, to the Classes of Pool 1 Senior Certificates other than
the Class 1-PO Component, pro rata, in accordance with their Class
Certificate Principal Balances (or Component 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); and provided, further, that all such
losses, other than Special Event Losses, that would otherwise be
allocable to the Class 1-A5 Certificates shall be allocable, first, to
the Class 1-A12 Certificates, until the Class Certificate Balance
thereof has been reduced to zero, and second, to the Class 1-A5
Certificates.
With respect to any Distribution Date, the principal portion of each
Realized Loss (other than any Excess Loss) in respect of Pool 2 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 2-PO Component until the
Component 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 2-B5 Component until the Component Principal
Balance thereof has been reduced to zero;
second, to the Class 2-B4 Component until the Component Principal
Balance thereof has been reduced to zero;
third, to the Class 2-B3 Component until the Component Principal
Balance thereof has been reduced to zero;
fourth, to the Class 2-B2 Component until the Component Principal
Balance thereof has been reduced to zero;
fifth, to the Class 2-B1 Component until the Component Principal
Balance thereof has been reduced to zero;
sixth, to the Class 2-M Component until the Component Principal
Balance thereof has been reduced to zero; and
seventh, to the Classes of Pool 2 Senior Certificates other than
the Class 2-PO Component, pro rata, in accordance with their Class
Certificate Principal Balances (or Component Principal Balances).
(c) With respect to any Distribution Date, the principal portion of any
Excess Loss (other than Excess Bankruptcy Losses attributable to Debt Service
Reductions) in respect of a Mortgage Pool shall be allocated as follows: (1) the
applicable PO Percentage of any such loss shall be allocated to the Class 1-PO
Component, in the case of Pool 1, and to the Class 2-PO Component, in the case
of Pool 2, and (2) the applicable Non-PO Percentage of any such loss shall be
allocated to each Class or Component of Pool 1 Certificates other than the Class
1-PO Component, in the case of Pool 1, and to each Class or Component of Pool 2
Certificates other than the Class 2-PO Component, in the case of Pool 2, pro
rata, based on the respective Class Certificate Principal Balances (or Component
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 in respect of Pool 1 to be allocated to the
Class 1-PO Component on such Distribution Date will be taken into account in
determining distributions in respect of any related Class PO Deferred Amount for
such date, and the aggregate amount of Realized Losses in respect of Pool 2 to
be allocated to the Class 2-PO Component on such Distribution Date will be taken
into account in determining distributions in respect of any related Class PO
Deferred Amount for such date.
(f) On each Distribution Date, the Company shall determine the Subordinate
Component Writedown Amount, if any, for each Mortgage Pool. Any such Subordinate
Component Writedown Amount shall effect a corresponding reduction in the
Certificate Principal Balance or Component Principal Balance of the Subordinate
Components of the related Certificate Group, 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 the principal
portion of any Realized Loss in respect of a Mortgage Pool shall be made on a
Distribution Date to a Class of Certificates (or Components) of the related
Certificate Group to the extent that such allocation would result in the
reduction of the aggregate Certificate Principal Balances (or Component
Principal Balances) of all the Certificates (or Components) as of such
Distribution Date, after giving effect to all distributions and prior
allocations of Realized Losses in respect of such Mortgage Pool on such date, to
an amount less than the aggregate Scheduled Principal Balance of the Mortgage
Loans in the related Mortgage Pool as of the first day of the month of such
Distribution Date, less any Deficient Valuations occurring on or prior to the
related Bankruptcy Coverage Termination Date (such limitation, the related "Loss
Allocation Limitation").
(h) Any allocation of a Realized Loss to a Certificate (or Component), or
of any Subordinate Component Writedown Amount to a Component, pursuant to this
Section 4.03 shall effect a corresponding allocation thereof to the
Corresponding Class of Lower Tier Interests.
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 related
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 in respect of a Mortgage Pool 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
for such Mortgage Pool, second pursuant to clause (iii) of the definition of
Available Funds for such Mortgage Pool, and third pursuant to clause (ii) of the
definition of Available Funds for such Mortgage Pool. 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 for each Mortgage Pool and
the aggregate number of the Mortgage Loans in each Mortgage Pool 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 or Accrual Component) made on such Distribution Date and (ii)
the allocation of any Realized Losses and any Subordinate Component
Writedown Amount for such Distribution Date;
(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, separately identified as to each Mortgage
Pool;
(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, separately identified as to each Mortgage Pool;
(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, any COFI
Certificates and the Class S Certificates applicable to the Interest
Accrual Period relating to such Distribution Date and such Class;
(xi) The Senior Percentage for Pool 1, the Class 2-A5 Percentage, the
Class 2-A5 Scheduled Distribution Percentage for Pool 2, the Senior
Percentage for Pool 2, the Junior Percentage for Pool 1 and the Junior
Percentage for Pool 2 for such Distribution Date;
(xii) The Senior Prepayment Percentage for Pool 1, the Senior
Prepayment Percentage for Pool 2, the Class 2-A5 Prepayment Distribution
Percentage, the Junior Prepayment Percentage for Pool 1 and the Junior
Prepayment Percentage for Pool 2 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 of the related Certificate Group 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
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 1999, 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 Servicing Fees by Compensating Interest
Payments. The aggregate amount of the Servicing Fees subject to retention by the
Company as servicer in respect of any Distribution Date and either Mortgage Pool
shall be reduced by the amount of any Compensating Interest Payment for such
Distribution Date and such Mortgage Pool.
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 related 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 such amount to the
related Mortgage Loan Payment Record.
Section 4.10. Distributions to Holders of Designated Retail Certificates.
(a) Except as provided in subsections (d) and (f) below, on each Distribution
Date on which distributions in reduction of the Class Certificate Principal
Balance of a Class of Designated Retail Certificates are made, such
distributions will be made in the following order of priority:
(i) first, in respect of any Principal Distribution Request by the
personal representative of a Deceased Holder of such Class of Certificates,
a surviving tenant by the entirety, a surviving joint tenant, a surviving
tenant in common or such other Person empowered to act on behalf of such
Deceased Holder upon his or her death, in an amount up to but not exceeding
$25,000 in the case of the Class 1-A8 Certificates, or $100,000, in the
case of the Class 2-A3 Certificates, per request; and
(ii) second, in respect of any Principal Distribution Request by a
Living Holder of such Class of Certificates, in an amount up to but not
exceeding $10,000 per request.
Thereafter, distributions in respect of such Class submitted on behalf of
each Deceased Holder will be made as provided in clause (i) above up to a second
$25,000 in the case of the Class 1-A8 Certificates, or $100,000, in the case of
the Class 2-A3 Certificates, per request and distributions in respect of such
Class submitted on behalf of each Living Holder will be made as provided in
clause (ii) above up to a second $10,000 per request. This sequence of
priorities will be repeated until all such requests have been honored to the
extent of amounts available for distribution in reduction of the Class
Certificate Principal Balance of such Class of Designated Retail Certificates.
Principal Distribution Requests presented on behalf of Deceased Holders in
accordance with the provisions of clause (i) above will be accepted in the order
of their receipt by the Depository. Principal Distribution Requests presented in
accordance with the provisions of clause (ii) above will be accepted in the
order of their receipt by the Depository after all requests presented in
accordance with clause (i) have been honored. All Principal Distribution
Requests with respect to any Distribution Date shall be made in accordance with
Section 4.10(c) below and must be received by the Depository no later than the
close of business on the related Record Date. Principal Distribution Requests
that are received by the Depository after the related Record Date and requests,
in either case, for distributions timely received but not accepted with respect
to any Distribution Date, will be treated as Principal Distribution Requests on
the next succeeding Distribution Date, and each succeeding Distribution Date
thereafter, until each such request is accepted or is withdrawn as provided in
Section 4.10(c). Requests on behalf of Deceased Holders that are not so
withdrawn shall retain their order of priority, all in accordance with the
procedures of the Depository and the Trustee. Upon the transfer of beneficial
ownership of any Designated Retail Certificate, any Principal Distribution
Request previously submitted with respect to such Certificate will be deemed to
have been withdrawn only upon the receipt by the Trustee of notification of such
withdrawal using a form required by the Depository.
Principal Distribution Requests for a Class of Designated Retail
Certificates will be applied, in the aggregate, in an amount equal to the
portion of the related Available Funds distributable to such Class of
Certificates pursuant to Section 4.01(a), plus any amounts available for
distribution from the related Rounding Account pursuant to Section 4.10(e),
provided that the aggregate distribution in reduction of the Class Certificate
Principal Balance of any Class of Designated Retail Certificates on any
Distribution Date shall be made in an integral multiple of $1,000, subject to
Section 4.10(f).
(b) A "Deceased Holder" is a beneficial owner of a Designated Retail
Certificate who was living at the time such interest was acquired and whose
authorized personal representative, surviving tenant by the entirety, surviving
joint tenant or surviving tenant in common or other Person empowered to act on
behalf of such beneficial owner upon his or her death, causes to be furnished to
the Trustee a certified copy of the death certificate of such Deceased Holder,
evidence of such person's status as an authorized representative of the Deceased
Holder, such as surviving tenant (whether by the entirety, joint tenancy or
tenancy in common), which evidence shall be satisfactory to the Trustee, and any
additional evidence of death required by and satisfactory to the Trustee and any
tax waivers requested by the Trustee. Designated Retail Certificates
beneficially owned by tenants by the entirety, joint tenants or tenants in
common will be considered to be beneficially owned by a single owner. The death
of a tenant by the entirety, joint tenant or tenant in common will be deemed to
be the death of the beneficial owner, and any Designated Retail Certificates so
beneficially owned will be eligible for priority with respect to distributions
in reduction of the Class Certificate Principal Balance of such Class of
Certificates, subject to the limitations contained in this Section 4.10.
Designated Retail Certificates beneficially owned by a trust will be considered
to be beneficially owned by each beneficiary of the trust to the extent of such
beneficiary's beneficial interest therein, but in no event will a trust's
beneficiaries collectively be deemed to be beneficial owners of a number of
individual Designated Retail Certificates greater than the number of individual
Designated Retail Certificates of which such trust is the beneficial owner. The
death of a beneficiary of a trust will be deemed to be the death of a beneficial
owner of the Designated Retail Certificates beneficially owned by the trust to
the extent of such beneficiary's beneficial interest in such trust. The death of
an individual who was a tenant by the entirety, joint tenant or tenant in common
in a tenancy that is the beneficiary of a trust will be deemed to be the death
of the beneficiary of the trust. The death of a person who, immediately prior to
his or her death, was entitled to substantially all of the beneficial ownership
interest in a Designated Retail Certificate will be deemed to be the death of
the beneficial owner of such Certificate regardless of the registration of
ownership of such Certificate, if such beneficial ownership interest can be
established to the satisfaction of the Trustee. The Trustee's decision regarding
whether a Deceased Holder's beneficial interest is substantial for purposes of
the preceding sentence shall be conclusive and binding. Such beneficial interest
will be deemed to exist in typical cases of street name or nominee ownership,
ownership by a trustee, ownership under the Uniform Gifts to Minors Act and
community property or other joint ownership arrangements between a husband and
wife. Beneficial interests shall include the power to sell, transfer or
otherwise dispose of a Designated Retail Certificate, and the right to receive
the proceeds therefrom, as well as interest and distributions in reduction of
the Certificate Principal Balance of such Certificates payable with respect
thereto. The Trustee shall not be under any duty to determine independently the
occurrence of the death of any beneficial owner. The Trustee may rely entirely
upon documentation delivered to it in establishing the eligibility of any
beneficial owner to receive the priority accorded Deceased Holders in Section
4.10(a). Expenses incurred by the Trustee in an effort to determine the
beneficial ownership interest with respect to any Principal Distribution Request
presented on behalf of a Deceased Holder, including, without limitation,
attorneys fees, shall be paid by the Person presenting such Principal
Distribution Request.
(c) Requests for distributions in reduction of the Certificate Principal
Balance of a Class of Designated Retail Certificate must be made by delivering a
Principal Distribution Request therefor to the Depository Participant or
Financial Intermediary that maintains the account evidencing the beneficial
owner's interest in such Certificate. Such Depository Participant or Financial
Intermediary should in turn make the request of the Depository (or, in the case
of an Financial Intermediary, such Financial Intermediary should notify the
related Depository Participant of such request, which Depository Participant
should make the request of the Depository) on a form required by the Depository
and provided to the Depository Participant. In the case of a request on behalf
of a Deceased Holder, a certified copy of the death certificate and any
additional appropriate evidence of death and any tax waivers must be forwarded
to the Trustee under separate cover. Any such requests of Deceased Holders that
are incomplete may not be honored by the Trustee and, if not honored, will lose
their priority and must be resubmitted in proper form. Upon receipt of such
Principal Distribution Request, the Depository will date and time stamp such
request and forward such request to the Trustee. Such requests will be honored
on any Distribution Date only to the extent that they are received by the
Depository on or before the Record Date for such Distribution Date. The
Depository may establish such procedures as it deems fair and equitable to
establish the order of receipt of requests for such distributions received by it
on the same day. Principal Distribution Requests delivered to the Depository
after the Record Date for a particular Distribution Date and requests received
in a timely manner but not accepted with respect to a particular Distribution
Date will be treated as Principal Distribution Requests for the next succeeding
Distribution Date and each succeeding Distribution Date thereafter until each
request is accepted or is withdrawn as provided below. In the case of Principal
Distribution Requests on behalf of Living Holders, the Depository will establish
a new order of priority for each Distribution Date. This order will apply both
to previously unsatisfied Principal Distribution Requests and to newly submitted
requests. A Principal Distribution Request submitted on behalf of a Living
Holder who later dies will become entitled to the priority of a newly submitted
request on behalf of a Deceased Holder upon satisfaction of the requirements set
forth above for requests of a Deceased Holder. Such priority will be effective
for each subsequent Distribution Date if the Trustee has received a certified
copy of the death certificate for such Deceased Holder and any additional
appropriate evidence of death and any requested tax waivers by the last business
day of the preceding calendar month. Each Principal Distribution Request
submitted by a beneficial owner of a Designated Retail Certificate will be held
by the Depository until such request has been accepted or has been withdrawn in
writing as provided herein. Neither the Trustee nor the Company shall be liable
for any delay in delivery of Principal Distribution Requests or Withdrawals (as
defined below) of such requests by the Depository, a Depository Participant or
any Financial Intermediary.
In the event that any Principal Distribution Requests are rejected by the
Trustee for failure to comply with the requirements of this Section 4.10, the
Trustee shall return such requests to the appropriate Depository Participant
with a copy to the Depository with an explanation as to the reason for such
rejection.
The Trustee shall maintain a list of those Depository Participants
representing the Certificate Owners of Designated Retail Certificates that have
submitted Principal Distribution Requests, together with the order of receipt
and the amounts of such requests. The Trustee shall notify the Depository and
the appropriate Depository Participants as to which requests should be honored
on each Distribution Date. Requests shall be honored by the Depository in
accordance with the procedures, and subject to the priorities and limitations,
described in this Section 4.10. The exact procedures to be followed by the
Trustee and the Depository for purposes of determining such priorities and
limitations shall be those established from time to time by the Trustee or the
Depository, as the case may be. The decisions of the Trustee and the Depository
concerning such matters shall be final and binding on all affected Persons.
Any beneficial owner of a Designated Retail Certificate that has made a
Principal Distribution Request may withdraw its request by so notifying in
writing the Depository Participant or Financial Intermediary that maintains such
beneficial owner's account (each such withdrawal, a "Withdrawal"). The
Depository Participant should forward the Withdrawal to the Depository on a form
required by the Depository. In the event that such account is maintained by a
Financial Intermediary, such Financial Intermediary should notify the related
Depository Participant which in turn should forward the Withdrawal of such
request, on a form required by the Depository, to the Depository. If such
Withdrawal has not been received by the Depository and forwarded to the Trustee
on or before the Record Date for the next Distribution Date, the previously made
Principal Distribution Request will be irrevocable with respect to the making of
distributions in reduction of the Certificate Principal Balance of such
Designated Retail Certificate on such Distribution Date.
(d) To the extent, if any, that amounts available for distribution in
reduction of the Class Certificate Principal Balance of a Class of Designated
Retail Certificates on a Distribution Date pursuant to Section 4.01(a) exceed
the dollar amount of Principal Distribution Requests that have been received in
respect of such Class by the related Record Date, as provided in Section 4.10(c)
above, distributions in reduction of the Class Certificate Principal Balance of
such Class of Certificates will be made by mandatory distributions on a Random
Lot basis, in integral multiples equal to $1,000, in reduction thereof without
regard to whether such Certificate Owners have submitted Principal Distribution
Requests. The Trustee shall notify the Depository of the aggregate amount of the
mandatory distribution by Random Lot in reduction of the Class Certificate
Principal Balance of such Designated Retail Certificates to be made on the next
Distribution Date. The Depository shall then allocate such aggregate amount
among its Depository Participants on a Random Lot basis. Each Depository
Participant and, in turn, each Financial Intermediary, will then select, in
accordance with its own procedures, Designated Retail Certificates of such Class
from among those held in its accounts to receive mandatory distributions in
reduction of the Class Certificate Principal Balance of such Certificates, such
that the total amount so selected is equal to the aggregate amount of such
mandatory distributions allocated to such Depository Participant by the
Depository and to such Financial Intermediary by its related Depository
Participant, as the case may be. Depository Participants and Financial
Intermediaries that hold a Class of Designated Retail Certificates selected for
mandatory distributions in reduction of the Class Certificate Principal Balance
thereof should provide notice of such mandatory distributions to the affected
Certificate Owners.
(e) On the Closing Date, a separate Rounding Account shall be established
with the Trustee for each Class of Designated Retail Certificates and the
Rounding Account Depositor for such Rounding Account shall cause to be initially
deposited the sum of $999.99 in each such Rounding Account. On each Distribution
Date on which a distribution is to be made in reduction of the Class Certificate
Principal Balance of a Class of Designated Retail Certificates pursuant to
Section 4.01(a), funds on deposit in the related Rounding Account shall be, to
the extent needed, withdrawn by the Trustee and applied to round upward to an
integral multiple of $1,000 the aggregate distribution in reduction of the Class
Certificate Principal Balance to be made on such Class of Certificates. Rounding
of such distribution on such Class of Designated Retail Certificates shall be
accomplished, on the first such Distribution Date, by withdrawing from the
related Rounding Account the amount of funds, if any, needed to round the amount
otherwise available for such distribution in reduction of the Class Certificate
Principal Balance of such Certificates upward to the next integral multiple of
$1,000. On each succeeding Distribution Date on which distributions in reduction
of the Class Certificate Principal Balance of such Class of Designated Retail
Certificates are to be made pursuant to Section 4.01(a), the aggregate amount of
such distributions allocable to such Certificates shall be applied first to
repay any funds withdrawn from the related Rounding Account and not previously
repaid, and then the remainder of such allocable amount, if any, shall be
similarly rounded upward to the next integral multiple of $1,000 and applied as
distributions in reduction of the Class Certificate Principal Balance of the
related Class of Certificates; this process shall continue on succeeding
principal Distribution Dates prior to the related Cross-Over Date until the
Class Certificate Principal Balance of each such Class of Certificates has been
reduced to zero. Each Rounding Account shall be maintained as a non-interest
bearing account; the Rounding Accounts shall not be assets of the Trust Fund,
but shall be an asset in the Upper Tier REMIC.
(f) Notwithstanding any provisions herein to the contrary, on each
Distribution Date coinciding with or after the related Cross-Over Date, all
distributions in reduction of the Class Certificate Principal Balance of any
Class of Designated Retail Certificates will be made among the Holders and
Certificate Owners of such Class of Certificates, pro rata, based on their
Certificate Principal Balances, and will not be made in integral multiples of
$1,000 or pursuant to requested distributions or mandatory distributions by
Random Lot.
(g) In the event that Definitive Certificates representing any Class of
Designated Retail Certificates are issued pursuant to Section 5.02(f), all
requests for distributions or withdrawals of such requests relating to such
Class must be submitted to the Trustee, and the Trustee shall perform the
functions described in Section 4.10(a) through (d) using its own procedures,
which procedures shall, to the extent practicable, be consistent with the
procedures described in Section 4.10(a) through (d).
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 Pool 1 Certificates and the Pool 2 Certificates shall be issued in
aggregate Initial Certificate Principal Balance of $703,947,139.10. 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:
<PAGE>
Initial Class
Certificate Certificate
Principal Interest Minimum
Designation Balance Rate Denominations
- ----------- ------- ---- -------------
Class 1-A1 $95,940,000.00 6.10% $ 25,000
Class 1-A2 96,506,000.00 6.35 25,000
Class 1-A3 8,497,000.00 6.60 25,000
Class 1-A4 131,909,000.00 6.35 25,000
Class 1-A5 62,400,000.00 (1) 25,000
Class 1-A6 10,600,000.00 6.75 25,000
Class 1-A7 1,071,571.00 7.00 25,000
Class 1-A8 7,757,000.00 7.00 1,000
Class 1-A9 6,568,500.00 7.00 25,000
Class 1-A10 5,431,500.00 7.00 25,000
Class 1-A11 771,429.00 0.00 25,000
Class 1-A12 3,000,000.00 6.75 25,000
Class 2-A1 171,397,000.00 6.75 25,000
Class 2-A2 15,420,000.00 6.75 25,000
Class 2-A3 27,000,000.00 6.50 1,000
Class 2-A4 (2) 0.22 (3)
Class 2-A5 27,000,000.00 6.75 25,000
Class 2-A6 (2) 0.03 (4)
Class PO 4,519,772.70 0.00 (5)
Class M 13,022,000.00 6.75 100,000
Class B1 5,280,000.00 6.75 100,000
Class B2 3,042,000.00 6.75 100,000
Class B3 3,519,000.00 6.75 500,000
Class B4 1,408,000.00 6.75 500,000
Class B5 1,887,266.40 6.75 500,000
Class S (6) (6) (7)
Class R-RL 100.00 6.75 100
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(1) Interest will accrue on each Component of the Class 1-A5 Certificates
during each Interest Accrual Period at the applicable interest rate set
forth in the definition of "Component" on the Component Principal
Balance or Notional Component Balance, as applicable, of such
Component. The amount of interest that will accrue on the Class 1-A5
Certificates during each Interest Accrual Period will equal the sum of
the interest accrued during such Interest Accrual Period on each
Component of the Class 1-A5 Certificates.
(2) Each of the Class 2-A4 and Class 2-A6 Certificates are issued with an
initial Notional Principal Balance of $27,000,000.00.
(3) The Class 2-A4 Certificates will be issued in a minimum Notional Principal
Balance of $2,900,000.
(4) The Class 2-A6 Certificates will be issued as a single Certificate
evidencing the entire Notional Principal Balance of such Class.
(5) The Class PO Certificates will be issued as a single Certificate
evidencing the entire Class Certificate Principal Balance of such
Class.
(6) The Class S Certificates are issued with an initial Notional Principal
Balance of $512,171,393.04. Interest will accrue on each Component of
the Class S Certificates at the applicable Strip Rate for such
Component.
(7) The Class S Certificates will be issued in a minimum Notional Principal
Balance of $1,250,000.
(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 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 (or $1,000,000 in the case of
the Class S Certificates) 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). The
Residual Certificate 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 and the Class S 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) The Strip Rate for each Class S Component for each Interest Accrual
Period shall be determined by the Company and included in the Servicer's
Certificate for the related Distribution Date.
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) a 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 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 (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 any 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 or Class S
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 or Class S Certificates to the
Company or upon any subsequent transfer of any Class PO or Class S 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 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 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 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.
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 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.
(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 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 applicable
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.
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 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 Records, 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 the Mortgage Loans as it and
such successor shall agree; provided, however, that no such compensation shall
be in excess of that permitted 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 the 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 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;
(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.
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 a Mortgage Loan Payment Record pursuant to Section 3.04 to
reimburse the Trustee for any related 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 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 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 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
Lower Tier REMIC from failing to qualify as a REMIC and to prevent the
imposition of a tax on the Trust Fund or the 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) as of
the first day of the month in which such purchase price is to be distributed to
Certificateholders plus accrued and unpaid interest thereon at the applicable
Net Mortgage Rate (less any amounts constituting related 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. 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 all 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 related 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 related 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 the REMICs 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 any such REMIC as defined in section 860F of the
Code, or (ii) cause the Upper Tier REMIC or 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 such REMICs 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 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 or
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.
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 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 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, 10th Floor, New York, New York 10004, Attention:
Residential Mortgage Surveillance, or, as to each 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.
* * *
<PAGE>
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 April, 1999 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 April, 1999 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 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A1 Certificate
Principal Balance:
Class 1-A1 $95,940,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.10% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RP58
May 25, 1999
<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
1-A1 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: __________
<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.
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A2 Certificate
Principal Balance:
Class 1-A2 $96,506,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.35% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RP66
May 25, 1999
<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
1-A2 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A3 Certificate
Principal Balance:
Class 1-A3 $8,497,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.60% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RP74
May 25, 1999
<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
1-A3 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A4 Certificate
Principal Balance:
Class 1-A4 $131,909,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.35% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RP82
May 25, 1999
<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
1-A4 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A5 Certificate
Principal Balance:
Class 1-A5 $62,400,000
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RP90
May 25, 1999
<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
1-A5 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A6 Certificate
Principal Balance:
Class 1-A6 $10,600,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ24
May 25, 1999
<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
1-A6 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A7 Certificate
Principal Balance:
Class 1-A7 $1,071,571
Certificate Interest Initial Certificate Principal
Rate per annum: 7.00% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ32
May 25, 1999
<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
1-A7 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A8 Certificate
Principal Balance:
Class 1-A8 $7,757,000
Certificate Interest Initial Certificate Principal
Rate per annum: 7.00% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ40
May 25, 1999
<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
1-A8 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A9 Certificate
Principal Balance:
Class 1-A9 $6,568,500
Certificate Interest Initial Certificate Principal
Rate per annum: 7.00% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ57
May 25, 1999
<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
1-A9 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A10 Certificate
Principal Balance:
Class 1-A10 $5,431,500
Certificate Interest Initial Certificate Principal
Rate per annum: 7.00% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ65
May 25, 1999
<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
1-A10 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A11 Certificate
Principal Balance:
Class 1-A11 $771,429
Certificate Interest Initial Certificate Principal
Rate per annum: none Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ73
May 25, 1999
<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
1-A11 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 1-A12 Certificate
Principal Balance:
Class 1-A12 $3,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RQ81
May 25, 1999
<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
1-A12 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A1 Certificate
Principal Balance:
Class 2-A1 $171,397,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RR80
May 25, 1999
<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
2-A1 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A2 Certificate
Principal Balance:
Class 2-A2 $15,420,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RR98
May 25, 1999
<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
2-A2 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A3 Certificate
Principal Balance:
Class 2-A3 $27,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RS22
May 25, 1999
<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
2-A3 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<PAGE>
PRINCIPAL WILL NOT BE DISTRIBUTABLE IN RESPECT OF THIS CERTIFICATE. INTEREST IS
CALCULATED ON THIS CERTIFICATE BASED ON THE NOTIONAL PRINCIPAL BALANCE HEREOF,
WHICH IS EQUAL TO THE CLASS CERTIFICATE PRINCIPAL BALANCES OF OTHER CLASSES OF
CERTIFICATES. ACCORDINGLY, THE NOTIONAL PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL 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 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A4 Certificate
Notional Balance:
Class 2-A4 $27,000,000
Certificate Interest Initial Certificate Notional
Rate per annum: 0.22% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RS30
May 25, 1999
<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
2-A4 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A5 Certificate
Principal Balance:
Class 2-A5 $27,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RS48
May 25, 1999
<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
2-A5 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<PAGE>
PRINCIPAL WILL NOT BE DISTRIBUTABLE IN RESPECT OF THIS CERTIFICATE. INTEREST IS
CALCULATED ON THIS CERTIFICATE BASED ON THE NOTIONAL PRINCIPAL BALANCE HEREOF,
WHICH IS EQUAL TO THE CLASS CERTIFICATE PRINCIPAL BALANCES OF OTHER CLASSES OF
CERTIFICATES. ACCORDINGLY, THE NOTIONAL PRINCIPAL BALANCE OF THIS CERTIFICATE AT
ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL 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 MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class 2-A6 Certificate
Notional Balance:
Class 2-A6 $27,000,000
Certificate Interest Initial Certificate Notional
Rate per annum: 0.03% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RS71
May 25, 1999
<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
2-A6 Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool
2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $13,022,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RR23
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: ___________
<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.
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $5,280,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RR31
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $3,042,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP: 36157RR48
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $ 3,519,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP:36157RR56
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: _____________
<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.
<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.
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)
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $1,408,000.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP:36157RR64
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $1,887,266.40
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP:36157RR72
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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
<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-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 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.
<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.
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class R-RL Certificate
Principal Balance:
Class R-RL $100.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP:36157RQ99
May 25, 1999
<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-RL Certificates, both as specified above) in certain distributions with
respect to the Trust Fund, consisting primarily of two pools ("Pool 1" and "pool
2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: ___________
<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.
<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).
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools 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 $4,519,772.70
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing
Cut-off Date:
April 1, 1999
First Distribution Date:
May 25, 1999
<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 two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 Class 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: ______________
<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.
<PAGE>
PRINCIPAL WILL NOT BE DISTRIBUTABLE IN RESPECT OF THIS CERTIFICATE. INTEREST IS
CALCULATED ON THIS CERTIFICATE BASED ON THE CLASS S NOTIONAL PRINCIPAL BALANCE,
WHICH, AS OF ANY DISTRIBUTION DATE, IS EQUAL TO THE AGGREGATE SCHEDULED
PRINCIPAL BALANCE OF THE OUTSTANDING NON-DISCOUNT MORTGAGE LOANS AS SET FORTH IN
THE AGREEMENT (AS DEFINED HEREIN). CONSEQUENTLY, THE NOTIONAL PRINCIPAL BALANCE
OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL 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).
<PAGE>
REMIC MORTGAGE PASS-THROUGH CERTIFICATE, SERIES 1999-6
evidencing a beneficial ownership interest in a
trust fund which consists primarily of two pools of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R Initial Class S Certificate
Principal Balance:
Class S $512,171,393.04
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
Cut-off Date:
April 1, 1999
First Distribution Date: CUSIP:36157RS63
May 25, 1999
<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
S Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of two pools ("Pool 1" and "Pool 2") 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 April 1, 1999 (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 May 1999, 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 Mortgage Pass-Through Certificates, Series 1999-6, issued in
twenty-seven Classes (Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4, Class
1-A5, Class 1-A6, Class 1-A7, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11,
Class 1-A12, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class S, Class R-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
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 1-A12, 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
1-A12, Class M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate
by a Plan 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-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-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-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 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 the Mortgage Loans is subject to the aggregate Scheduled Principal
Balance of both Pool 1 and Pool 2 at the time of repurchase being less than 10
percent of the aggregate Scheduled Principal Balance of both Pool 1 and Pool 2
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.
The Holders of the Pool 1 Certificates shall be entitled to distributions
solely from amounts collected on the Pool 1 Mortgage Loans, and the Holders of
the Pool 2 Certificates shall be entitled to distributions solely from amounts
collected on the Pool 2 Mortgage Loans. Consequently, Certificateholders must
look solely to the assets of the Mortgage Pool relating to their Certificates
for distributions.
<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: __________
<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.
<PAGE>
EXHIBIT B
PRINCIPAL BALANCE SCHEDULES
Aggregate Pool 1
Distribution Date PAC Balance
- ----------------- ----------------
Initial Balance................................... $200,943,000.00
May 1999.......................................... 200,943,000.00
June 1999......................................... 200,943,000.00
July 1999......................................... 200,943,000.00
August 1999....................................... 200,943,000.00
September 1999.................................... 200,943,000.00
October 1999...................................... 200,943,000.00
November 1999..................................... 200,943,000.00
December 1999..................................... 200,943,000.00
January 2000...................................... 200,943,000.00
February 2000..................................... 200,943,000.00
March 2000........................................ 200,943,000.00
April 2000........................................ 199,303,241.57
May 2000.......................................... 197,576,374.60
June 2000......................................... 195,763,234.32
July 2000......................................... 193,864,746.86
August 2000....................................... 191,881,926.70
September 2000.................................... 189,815,834.52
October 2000...................................... 187,667,591.63
November 2000..................................... 185,438,390.11
December 2000..................................... 183,129,648.46
January 2001...................................... 180,742,662.33
February 2001..................................... 178,278,912.44
March 2001........................................ 175,740,172.51
September 2001..................................... 159,086,638.98
October 2001....................................... 156,180,411.49
November 2001...................................... 153,293,442.03
December 2001...................................... 150,425,607.05
January 2002....................................... 147,576,783.77
February 2002...................................... 144,746,850.25
March 2002......................................... 141,935,685.33
April 2002......................................... 139,143,168.65
May 2002........................................... 136,369,180.63
June 2002.......................................... 133,613,602.48
July 2002.......................................... 130,876,316.19
August 2002........................................ 128,157,204.50
September 2002..................................... 125,456,150.95
October 2002....................................... 122,773,039.81
November 2002...................................... 120,107,756.15
December 2002...................................... 117,460,185.74
January 2003....................................... 114,830,215.14
February 2003...................................... 112,217,731.64
March 2003......................................... 109,622,623.27
April 2003......................................... 107,044,778.78
May 2003........................................... 104,484,087.66
June 2003.......................................... 101,940,440.14
July 2003.......................................... 99,413,727.14
August 2003........................................ 96,903,840.32
September 2003..................................... 94,410,672.02
October 2003....................................... 91,934,115.33
November 2003...................................... 89,474,064.01
December 2003...................................... 87,030,412.52
January 2004....................................... 84,603,056.02
February 2004...................................... 82,191,890.35
March 2004......................................... 79,796,812.05
April 2004......................................... 77,417,718.32
May 2004........................................... 75,087,240.76
June 2004.......................................... 72,772,397.84
July 2004.......................................... 70,473,088.39
August 2004........................................ 68,189,211.93
September 2004..................................... 65,920,668.60
October 2004....................................... 63,667,359.22
November 2004...................................... 61,429,185.24
December 2004...................................... 59,206,048.76
January 2005....................................... 56,997,852.50
February 2005...................................... 54,804,499.84
March 2005......................................... 52,625,894.76
<PAGE>
Aggregate Pool 1
Distribution Date PAC Balance
- ----------------- ----------------
April 2005......................................... $50,474,497.16
May 2005........................................... 48,435,209.67
June 2005.......................................... 46,461,233.48
July 2005.......................................... 44,550,560.80
August 2005........................................ 42,701,244.42
September 2005..................................... 40,911,395.86
October 2005....................................... 39,179,183.64
November 2005...................................... 37,502,831.59
December 2005...................................... 35,880,617.16
January 2006....................................... 34,310,869.84
February 2006...................................... 32,791,969.62
March 2006......................................... 31,322,345.45
April 2006......................................... 29,900,473.77
May 2006........................................... 28,599,451.86
June 2006.......................................... 27,340,867.18
July 2006.......................................... 26,123,386.73
August 2006........................................ 24,945,718.41
September 2006..................................... 23,806,609.78
October 2006....................................... 22,704,846.90
November 2006...................................... 21,639,253.10
December 2006...................................... 20,608,687.91
January 2007....................................... 19,612,045.94
February 2007...................................... 18,648,255.81
March 2007......................................... 17,716,279.14
April 2007......................................... 16,815,109.53
May 2007........................................... 16,002,931.23
June 2007.......................................... 15,217,023.00
July 2007.......................................... 14,456,553.88
August 2007........................................ 13,720,718.72
September 2007..................................... 13,008,737.45
October 2007....................................... 12,319,854.24
November 2007...................................... 11,653,336.82
December 2007...................................... 11,008,475.73
January 2008....................................... 10,384,583.60
February 2008...................................... 9,780,994.52
March 2008......................................... 9,197,063.32
April 2008......................................... 8,632,164.98
May 2008........................................... 8,129,297.07
June 2008.......................................... 7,641,818.19
July 2008.......................................... 7,169,262.09
August 2008........................................ 6,711,176.56
September 2008..................................... 6,267,122.96
October 2008....................................... 5,836,675.87
<PAGE>
Aggregate Pool 1
Distribution Date PAC Balance
- ----------------- ----------------
November 2008...................................... $5,419,422.66
December 2008...................................... 5,014,963.11
January 2009....................................... 4,622,909.05
February 2009...................................... 4,242,884.00
March 2009......................................... 3,874,522.82
April 2009......................................... 3,517,471.34
May 2009........................................... 3,171,386.10
June 2009.......................................... 2,835,933.94
July 2009.......................................... 2,510,791.78
August 2009........................................ 2,195,646.25
September 2009..................................... 1,890,193.43
October 2009....................................... 1,594,138.57
November 2009...................................... 1,307,195.81
December 2009...................................... 1,029,087.91
January 2010....................................... 759,545.98
February 2010...................................... 498,309.26
March 2010......................................... 245,124.85
April 2010 and thereafter.......................... 0.00
<PAGE>
Pool 1 TAC Balances Table
The TAC Balances set forth in the table below were calculated on the basis
of the Class Certificate Principal Balances of the Pool 1 TAC Certificates and
the Class 1-AS Certificates set forth in the summary of this prospectus
supplement and the following constant prepayment rates (each, a "TAC Prepayment
Assumption").
(1) 227% of the Prepayment Assumption in the case of the Class 1 -A4 TAC
Balance No. 1 schedule;
(2) 500% of the Prepayment Assumption in the case of the Class l-A4 TAC Balance
No. 2 schedule;
(3) 250% of the Prepayment Assumption in the case of the Class 1-AS TAC
Component Balance No. 1 schedule;
(4) 750% of the Prepayment Assumption in the case of the Class 1-AS TAC
Component Balance No. 2 schedule;
(5) 800% of the Prepayment Assumption in the case of the Class 1-A8 TAC Balance
schedule; and
(6) 800% of the Prepayment Assumption in the case of the Class l-A9, Class
1-A10 Aggregate TAC Balance schedule for the Class l-A9 and Class 1-A10
Certificates.
If the Class Certificate Principal Balance of any class of the Pool 1 TAC
Certificates or the Component Principal Balance of the Class 1-A5 Accrual
Component is 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 Pool 1 TAC
Balances Table will be calculated on or about April 29, 1999 on the basis of
such revised Class Certificate Principal Balances or Component Principal Balance
and the actual characteristics of the Pool 1 mortgage loans and on the basis of
(1) the related TAC Prepayment Assumption and (2) the assumptions set forth in
clauses (1), (4) through (8), (11) and (12) of the Pool 1 Modeling Assumptions.
The final Pool 1 TAC Balances Table will be set forth in the Agreement, which
will be filed as an exhibit to the definitive description of the Pool I mortgage
loans filed on a Current Report on Form 8-K.
<PAGE>
<TABLE>
<CAPTION>
Class 1-A5
Class 1-A5 TAC Class 1-A9,
Class 1-A4 Class 1-A4 TAC Component Component Class 1-A10
TAC Balance TAC Balance Balance Balance Class 1-A8 Aggregate
No. 1 No. 2 No. 1 No. 2 TAC Balance TAC Balance
----- ----- ----- ----- ----------- -----------
Distribution Date
<S> <C> <C> <C> <C> <C> <C>
Initial Balance....... $131,909,000.00 $131,909,000.00 $62,400,000.00 $62,400,000.00 $7,757,000.00 $12,000,000.00
May 1999.............. 130,615,001.27 130,615,001.27 62,696,151.61 62,696,151.61 7,757,000.00 12,000,000.00
June 1999............. 129,152,417.99 129,152,417.99 62,977,665.70 62,977,665.70 7,757,000.00 12,000,000.00
July 1999............. 127,521,636.26 127,521,636.26 63,244,569.55 63,244,569.55 7,757,000.00 12,000,000.00
August 1999........... 125,723,136.49 125,723,136.49 63,496,931.46 63,496,931.46 7,757,000.00 12,000,000.00
September 1999........ 123,757,593.28 123,757,593.28 63,734,861.00 63,734,861.00 7,752,195.47 11,992,567.44
October 1999.......... 121,625,875.48 121,625,875.48 63,958,509.12 63,958,509.12 6,572,691.13 10,167,886.23
November 1999......... 119,329,046.03 119,329,046.03 64,168,068.23 64,168,068.23 5,258,525.36 8,134,885.18
December 1999......... 116,868,361.33 116,868,361.33 64,363,772.03 64,363,772.03 3,813,253.12 5,899,063.74
January 2000.......... 114,245,270.27 114,245,270.27 64,545,895.30 64,545,895.30 2,241,258.61 3,467,204.24
February 2000......... 111,461,412.87 111,461,412.87 64,714,753.57 64,714,753.57 547,743.61 847,353.79
March 2000............ 108,518,618.57 108,518,618.57 64,870,702.60 64,709,719.77 0.00 0.00
April 2000............ 107,058,662.54 107,058,662.54 65,014,137.78 59,996,353.91 0.00 0.00
May 2000.............. 105,531,096.49 105,531,096.49 65,145,493.40 55,010,189.81 0.00 0.00
June 2000............. 103,937,468.72 103,937,468.72 65,265,241.80 49,771,598.70 0.00 0.00
July 2000............. 102,279,478.76 102,279,478.76 65,373,898.81 44,302,758.27 0.00 0.00
August 2000........... 100,558,971.67 100,558,971.67 65,472,021.88 38,627,503.82 0.00 0.00
September 2000........ 98,777,900.05 98,777,900.05 65,560,200.87 32,771,002.96 0.00 0.00
October 2000.......... 96,938,333.14 93,804,822.39 65,639,059.50 29,893,203.87 0.00 0.00
November 2000......... 95,042,461.70 88,684,006.28 65,709,255.90 26,979,631.97 0.00 0.00
December 2000......... 93,092,718.36 83,433,648.66 65,771,508.60 24,043,745.26 0.00 0.00
January 2001.......... 91,091,490.51 78,067,350.01 65,826,531.24 21,103,517.19 0.00 0.00
February 2001......... 89,041,366.10 72,599,489.40 65,875,087.14 18,177,455.34 0.00 0.00
March 2001............ 86,945,210.46 67,045,421.74 65,918,004.90 15,284,622.03 0.00 0.00
April 2001............ 84,806,018.85 61,420,913.42 65,956,144.00 12,444,064.24 0.00 0.00
May 2001.............. 82,626,813.41 55,741,752.59 65,990,370.88 9,674,423.56 0.00 0.00
June 2001............. 80,410,891.95 50,024,536.78 66,021,613.11 6,994,437.61 0.00 0.00
July 2001............. 78,161,925.22 44,286,914.47 66,050,878.85 4,422,964.50 0.00 0.00
August 2001........... 75,886,219.79 38,554,912.39 66,079,752.29 1,984,101.31 0.00 0.00
September 2001........ 73,607,997.48 32,912,500.38 66,113,740.12 0.00 0.00 0.00
October 2001.......... 71,354,871.93 27,451,031.00 66,158,993.38 0.00 0.00 0.00
November 2001......... 69,139,024.05 22,207,081.51 66,218,151.77 0.00 0.00 0.00
December 2001......... 66,959,831.49 17,173,516.02 66,290,988.07 0.00 0.00 0.00
January 2002.......... 64,816,679.98 12,343,416.23 66,377,279.40 0.00 0.00 0.00
February 2002......... 62,708,963.22 7,710,074.95 66,476,807.14 0.00 0.00 0.00
March 2002............ 60,636,082.76 3,266,989.76 66,589,356.89 0.00 0.00 0.00
April 2002............ 58,597,447.91 0.00 66,714,718.37 0.00 0.00 0.00
May 2002.............. 56,592,475.61 0.00 66,852,685.38 0.00 0.00 0.00
June 2002............. 54,620,590.39 0.00 67,003,055.70 0.00 0.00 0.00
July 2002............. 52,681,224.22 0.00 67,165,631.08 0.00 0.00 0.00
August 2002........... 50,773,816.43 0.00 67,340,217.13 0.00 0.00 0.00
September 2002........ 48,897,813.62 0.00 67,526,623.27 0.00 0.00 0.00
October 2002.......... 47,052,669.56 0.00 67,724,662.68 0.00 0.00 0.00
November 2002......... 45,237,845.09 0.00 67,934,152.23 0.00 0.00 0.00
December 2002......... 43,452,808.04 0.00 68,154,912.43 0.00 0.00 0.00
January 2003.......... 41,697,033.13 0.00 68,386,767.34 0.00 0.00 0.00
February 2003......... 39,970,001.89 0.00 68,629,544.58 0.00 0.00 0.00
March 2003............ 38,271,202.57 0.00 68,883,075.19 0.00 0.00 0.00
April 2003............ 36,600,130.02 -0.00 69,147,193.64 0.00 0.00 0.00
May 2003.............. 34,956,285.66 0.00 69,421,737.75 0.00 0.00 0.00
June 2003............. 33,339,177.35 0.00 69,706,548.61 0.00 0.00 0.00
July 2003............. 31,748,319.33 0.00 70,001,470.59 0.00 0.00 0.00
August 2003........... 30,183,232.11 0.00 70,306,351.23 0.00 0.00 0.00
September 2003........ 28,643,442.42 0.00 70,621,041.23 0.00 0.00 0.00
October 2003.......... 27,128,483.11 0.00 70,945,394.35 0.00 0.00 0.00
November 2003......... 25,637,893.07 0.00 71,279,267.41 0.00 0.00 0.00
December 2003......... 24,171,217.16 0.00 71,622,520.22 0.00 0.00 0.00
January 2004.......... 22,728,006.10 0.00 71,975,015.54 0.00 0.00 0.00
February 2004......... 21,307,816.44 0.00 72,336,619.02 0.00 0.00 0.00
March 2004............ 19,910,210.47 0.00 72,707,199.14 0.00 0.00 0.00
April 2004............ 18,534,756.11 0.00 73,086,627.22 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Class 1-A5
Class 1-A5 TAC Class 1-A9,
Class 1-A4 Class 1-A4 TAC Component Component Class 1-A10
TAC Balance TAC Balance Balance Balance Class 1-A8 Aggregate
No. 1 No. 2 No. 1 No. 2 TAC Balance TAC Balance
----- ----- ----- ----- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
May 2004.............. $17,209,595.26 $0.00 $73,481,475.25 $0.00 $0.00 $0.00
June 2004............. 15,905,507.11 0.00 73,884,853.83 0.00 0.00 0.00
July 2004............. 14,622,076.76 0.00 74,296,642.73 0.00 0.00 0.00
August 2004........... 13,358,894.67 0.00 74,714,561.35 0.00 0.00 0.00
September 2004........ 12,115,556.59 0.00 75,134,830.75 0.00 0.00 0.00
October 2004.......... 10,891,663.48 0.00 75,557,464.18 0.00 0.00 0.00
November 2004......... 9,686,821.46 0.00 75,982,474.91 0.00 0.00 0.00
December 2004......... 8,500,641.71 0.00 76,409,876.33 0.00 0.00 0.00
January' 2005......... 7,332,740.44 0.00 76,839,681.89 0.00 0.00 0.00
February 2005......... 6,182,738.78 0.00 77,271,905.10 0.00 0.00 0.00
March 2005............ 5,050,262.78 0.00 77,706,559.57 0.00 0.00 0.00
April 2005............ 3,922,388.00 0.00 78,143,658.96 0.00 0.00 0.00
May 2005.............. 2,733,005.40 0.00 78,583,217.04 0.00 0.00 0.00
June 2005............. 1,508,990.81 0.00 79,025,247.64 0.00 0.00 0.00
July 2005............. 251,904.64 0.00 79,469,764.66 0.00 0.00 0.00
August 2005........... 0.00 0.00 79,336,148.02 0.00 0.00 0.00
September 2005........ 0.00 0.00 78,537,523.33 0.00 0.00 0.00
October 2005.......... 0.00 0.00 77,717,042.30 0.00 0.00 0.00
November 2005......... 0.00 0.00 76,875,971.52 0.00 0.00 0.00
December 2005......... 0.00 0.00 76,015,530.92 0.00 0.00 0.00
January 2006.......... 0.00 0.00 75,136,895.21 0.00 0.00 0.00
February 2006......... 0.00 0.00 74,241,195.36 0.00 0.00 0.00
March 2006............ 0.00 0.00 73,329,520.01 0.00 0.00 0.00
April 2006............ 0.00 0.00 72,402,916.87 0.00 0.00 0.00
May 2006.............. 0.00 0.00 71,426,981.38 0.00 0.00 0.00
June 2006............. 0.00 0.00 70,439,856.93 0.00 0.00 0.00
July 2006............. 0.00 0.00 69,442,426.52 0.00 0.00 0.00
August 2006........... 0.00 0.00 68,435,538.43 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Class 1-A5
Class 1-A5 TAC Class 1-A9,
Class 1-A4 Class 1-A4 TAC Component Component Class 1-A10
TAC Balance TAC Balance Balance Balance Class 1-A8 Aggregate
No. 1 No. 2 No. 1 No. 2 TAC Balance TAC Balance
----- ----- ----- ----- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
September 2006 $ 0.00 $ 0.00 $67,420,007.32 $ 0.00 $ 0.00 $ 0.00
October 2006 0.00 0.00 66,396,615.34 0.00 0.00 0.00
November 2006 0.00 0.00 65,366,113.26 0.00 0.00 0.00
December 2006 0.00 0.00 64,329,221.46 0.00 0.00 0.00
January 2007 0.00 0.00 63,286,631.01 0.00 0.00 0.00
February 2007 0.00 0.00 62,239,004.59 0.00 0.00 0.00
March 2007 0.00 0.00 61,186,977.48 0.00 0.00 0.00
April 2007 ~ 0.00 0.00 60,131,158.48 0.00 0.00 0.00
May 2007 0.00 0.00 59,047,839.91 0.00 0.00 0.00
June 2007 0.00 0.00 57,963,716.80 0.00 0.00 0.00
July 2007 0.00 0.00 56,879,250.16 0.00 0.00 0.00
August 2007 0.00 0.00 55,794,880.18 0.00 0.00 0.00
September 2007 0.00 0.00 54,711,027.03 0.00 0.00 0.00
October 2007 0.00 0.00 53,628,091.49 0.00 0.00 0.00
November 2007 0.00 0.00 52,546,455.67 0.00 0.00 0.00
December 2007 0.00 0.00 51,266,483.66 0.00 0.00 0.00
January 2008 0.00 0.00 50,388,522.16 0.00 0.00 0.00
February 2008 0.00 0.00 49,312,901.09 0.00 0.00 0.00
March 2008 0.00 0.00 48,239,934.18 0.00 0.00 0.00
April 2008 0.00 0.00 47,169,919.59 0.00 0.00 0.00
May 2008 0.00 0.00 46,089,533.83 0.00 0.00 0.00
June 2008 0.00 0.00 45,014.270.25 0.00 0.00 0.00
July 2008 0.00 0.00 43,944,297.60 0.00 0.00 0.00
August 2008 0.00 0.00 42,879,774.64 0.00 0.00 0.00
September 2008 0.00 0.00 41,820,850.47 0.00 0.00 0.00
October 2008 0.00 0.00 40,767,664.90 0.00 0.00 0.00
November 2008 0.00 0.00 39,720,348.79 0.00 0.00 0.00
December 2008 0.00 0.00 38,679,024.38 0.00 0.00 0.00
January 2009 0.00 0.00 37,643,805.61 0.00 0.00 0.00
February 2009 0.00 0.00 36,614,798.42 0.00 0.00 0.00
March 2009 0.00 0.00 35,592,101.05 0.00 0.00 0.00
April 2009 0.00 0.00 34,575,804.36 0.00 0.00 0.00
May 2009 0.00 0.00 33,565,992.06 0.00 0.00 0.00
June 2009 0.00 0.00 32,562,741.02 0.00 0.00 0.00
July 2009 0.00 0.00 31,566,121.51 0.00 0.00 0.00
August 2009 0.00 0.00 30,576,197.47 0.00 0.00 0.00
September 2009 0.00 0.00 29,593,026.75 0.00 0.00 0.00
October 2009 0.00 0.00 28,616,661.32 0.00 0.00 0.00
November 2009 0.00 0.00 27,647,147.55 0.00 0.00 0.00
December 2009 0.00 0.00 26,684,526.38 0.00 0.00 0.00
January' 2010 0.00 0.00 25,728,833.58 0.00 0.00 0.00
February 2010 0.00 0.00 24,780,099.93 0.00 0.00 0.00
March 2010 0.00 0.00 23,838,351.40 0.00 0.00 0.00
April 2010 0.00 0.00 22,903,356.90 0.00 0.00 0.00
May 2010 0.00 0.00 21,737,830.27 0.00 0.00 0.00
June 2010 0.00 0.00 20,586,678.45 0.00 0.00 0.00
July 2010 0.00 0.00 19,449,686.47 0.00 0.00 0.00
August 2010 0.00 0.00 18,326,642.21 0.00 0.00 0.00
September 2010 0.00 0.00 17,217,336.41 0.00 0.00 0.00
October 2010 0.00 0.00 16,121,562.61 0.00 0.00 0.00
November 2010 0.00 0.00 15,039,117.10 0.00 0.00 0.00
December 2010 0.00 0.00 13,969,798.90 0.00 0.00 0.00
January 2011 0.00 0.00 12,913,409.71 0.00 0.00 0.00
February 2011 0.00 0.00 11,869,753.89 0.00 0.00 0.00
March 2011 0.00 0.00 10,838,638.41 0.00 0.00 0.00
April 2011 0.00 0.00 9,819,872.80 0.00 0.00 0.00
May 2011 0.00 0.00 8,813,269.15 0.00 0.00 0.00
June 2011 0.00 0.00 7,818,642.06 0.00 0.00 0.00
July 2011 0.00 0.00 6,835,808.57 0.00 0.00 0.00
August 2011 0.00 0.00 5,864,588.19 0.00 0.00 0.00
September 2011 0.00 0.00 4,904,802.81 0.00 0.00 0.00
October 2011 0.00 0.00 3,956,276.71 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Class 1-A5
Class 1-A5 TAC Class 1-A9,
Class 1-A4 Class 1-A4 TAC Component Component Class 1-A10
TAC Balance TAC Balance Balance Balance Class 1-A8 Aggregate
No. 1 No. 2 No. 1 No. 2 TAC Balance TAC Balance
----- ----- ----- ----- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
November 2011 $ 0.00 $ 0.00 $ 3,018,836.50 $ 0.00 $ 0.00 $ 0.00
December 2011 0.00 0.00 2,092,311.09 0.00 0.00 0.00
January 2012 0.00 0.00 1,176,531.66 0.00 0.00 0.00
February 2012 0.00 0.00 271,331.64 0.00 0.00 0.00
March 2012 and 0.00 0.00 0.00 0.00 0.00 0.00
thereafter
</TABLE>
<PAGE>
Pool 1 PAC Balances Table
The Aggregate Pool 1 PAC Balances set forth in the table below were
calculated on the basis of the Class Certificate Principal Balances of the Class
1-Al, Class l-A2 and Class 1 -A3 Certificates set forth in the summary of this
prospectus supplement, and the other assumptions described in "Yield and
Weighted Average Life Considerations -Weighted Average Lives of the Pool 1
Certificates - Pool 1 PAC Certificates" in this Annex 1.
If such Class Certificate Principal Balances are increased or decreased in
accordance with the variance permitted hereby relating to Pool 1, the applicable
balances set forth in the table below will be increased or decreased
substantially correspondingly. In such event, the final Pool 1 PAC Balances
Table will be calculated on or about April 29, 1999 on the basis of such revised
Class Certificate Principal Balances and the actual characteristics of the Pool
1 mortgage loans and on the basis of (1) the Structuring Range of the Pool 1 PAC
Certificates and (2) the assumptions set forth in clauses (1), (4) through (8),
(11) and (12) of the Pool 1 Modeling Assumptions. The final Pool 1 PAC Balances
Table will be set forth in the Agreement, which will be filed as an exhibit to
the definitive description of the Pool 1 mortgage loans filed on a Current
Report on Form 8-K.
<PAGE>
Aggregate Pool 1
Distribution Date PAC Balance
- ----------------- ----------------
April 2001........................................ $173,128,336.93
May 2001.......................................... 170,445,297.96
June 2001......................................... 167,693,267.63
July 2001......................................... 164,874,918.88
August 2001....................................... 161,996,310.36
<PAGE>
<PAGE>
EXHIBIT C - SUPPLEMENT
SCHEDULE OF COOPERATIVE LOANS
SERIES 1999-06
LOAN NO. CUT-OFF DATE PRINCIPLE BALANCE BORROWER NAME
- -------- ------------------------------ -------------
7735160 $ 351,044.12 Thomas
7739758 $ 290,711.62 Galasso
7783558 $ 102,868.03 Greene
31857014 $ 149,725.46 Wilkis
<PAGE>
EXHIBIT C
MORTGAGE LOANS
POOL 1
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004818233 MORTGAGORS: TURNER GLENN
LLOYD-TURNER JONI
REGION CODE ADDRESS : 8730 SW 45TH BLVD
01 CITY : GAINESVILLE
STATE/ZIP : FL 32608
MORTGAGE AMOUNT : 260,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,858.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,193.79 OUTSIDE CONV DATE :
LIFETIME RATE : 9.50000 MATURITY DATE : 06/01/22
CURRENT INT RATE: 9.50000 PRODUCT CODE : 002
LTV : 89.96551
----------------------------------------------------------------------------
0 0004863155 MORTGAGORS: KUSHNER ALAN
KUSHNER SUSAN
REGION CODE ADDRESS : 100 MOUNT GREY ROAD
01 CITY : SETAUKET
STATE/ZIP : NY 11733
MORTGAGE AMOUNT : 232,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 216,188.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.90 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 01/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 55.32142
----------------------------------------------------------------------------
0 0004907630 MORTGAGORS: COHEN STEPHEN
COHEN ARLENE
REGION CODE ADDRESS : 1152 ST. ANDREWS ROAD
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,771.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.71 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 64.10256
----------------------------------------------------------------------------
0 0004919114 MORTGAGORS: MARINI MARCO
REGION CODE ADDRESS : 280 GLENRIDGE ROAD
01 CITY : KEY BISCAYNE
STATE/ZIP : FL 33149
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 94,286.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.26 OUTSIDE CONV DATE :
LIFETIME RATE : 9.12500 MATURITY DATE : 01/01/22
CURRENT INT RATE: 9.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004948139 MORTGAGORS: PANARESE JOHN
PANARESE KATHERINE
REGION CODE ADDRESS : 4 ALBERT AVENUE
01 CITY : NEW ROCHELLE
STATE/ZIP : NY 10804
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,292.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.09 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 62.06800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,472,250.00
P & I AMT: 11,691.75 UPB AMT: 1,236,398.23
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004948147 MORTGAGORS: PANARESE JOSEPH
PANARESE ANTIONETTA
REGION CODE ADDRESS : 5 FOX RUN ROAD
01 CITY : BRIARCLIFF MANOR
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,830.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,921.87 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 61.78861
----------------------------------------------------------------------------
0 0004955092 MORTGAGORS: RAVELO LUZ
REGION CODE ADDRESS : 298 MASHTA DRIVE
01 CITY : MIAMI
STATE/ZIP : FL 33149
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,960.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.96 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0004965364 MORTGAGORS: STRAUSS WILLIAM
STRAUSS JANET
REGION CODE ADDRESS : 75 LIMERICK ROAD
01 CITY : TRUMBULL
STATE/ZIP : CT 06611
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,096.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,339.20 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 72.59259
----------------------------------------------------------------------------
0 0004967345 MORTGAGORS: SYPHAX JOHN
REGION CODE ADDRESS : 907 M STREET N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20001
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,404.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.83 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 77.64127
----------------------------------------------------------------------------
0 0004973897 MORTGAGORS: ALLEN DALE
ALLEN PHYLLIS
REGION CODE ADDRESS : 845 CLOVER DRIVE
01 CITY : UPPER GWYNEDD TOWNSHIP
STATE/ZIP : PA 19454
MORTGAGE AMOUNT : 215,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,506.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.47 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 79.98444
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,461,950.00
P & I AMT: 11,337.33 UPB AMT: 1,357,799.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004977666 MORTGAGORS: MACKAY JOSEPH
MACKAY ROSEMARY
REGION CODE ADDRESS : 54 TUNBRIDGE ROAD
01 CITY : HAVERFORD TOWNSHIP
STATE/ZIP : PA 19041
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,578.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,042.63 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 55.86206
----------------------------------------------------------------------------
0 0004987111 MORTGAGORS: NICODEMUS FREDRICK
NICODEMUS E.
REGION CODE ADDRESS : 36 LAKE DRIVE
01 CITY : NEW MILFORD
STATE/ZIP : CT 06776
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,123.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,386.94 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 75.94936
----------------------------------------------------------------------------
0 0005241294 MORTGAGORS: RUBENSTEIN JORDAN
RUBENSTEIN ROSEMARY
REGION CODE ADDRESS : 3990 SPRING BOULEVARD
03 CITY : EUGENE
STATE/ZIP : OR 97405
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,892.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,661.03 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0005274337 MORTGAGORS: HARRINGTON JEREMIAH
HARRINGTON NOREEN
REGION CODE ADDRESS : L117 BLK 214 SOUTH RD
01 CITY : HARRISON
STATE/ZIP : NY 10528
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,888.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,071.19 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 07/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005287180 MORTGAGORS: MARROTT PRANNATH
MARROTT SANDRA
REGION CODE ADDRESS : 90 KENILWORTH ROAD
01 CITY : MOUNTAIN LAKES
STATE/ZIP : NJ 07046
MORTGAGE AMOUNT : 266,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,661.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.59 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 77.27536
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,812,600.00
P & I AMT: 14,235.38 UPB AMT: 1,693,143.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005303714 MORTGAGORS: OTT ROBERT
OTT DONNA
REGION CODE ADDRESS : 15 BIRCH RUN AVENUE
01 CITY : DENVILLE TWP.
STATE/ZIP : NJ 07834
MORTGAGE AMOUNT : 214,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 201,582.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.86 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 71.07615
----------------------------------------------------------------------------
0 0005326889 MORTGAGORS: JAVICH ALEX
JAVICH ELLA
REGION CODE ADDRESS : 4 VERITY LANE
01 CITY : ROSLYN
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,082.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,500.84 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 07/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 67.69200
----------------------------------------------------------------------------
0 0005374574 MORTGAGORS: ELEFF STANLEY
ELEFF BONNIE
REGION CODE ADDRESS : 13707 ATTLEY PLACE
01 CITY : TAMPA
STATE/ZIP : FL 33624
MORTGAGE AMOUNT : 220,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 207,280.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.00 OUTSIDE CONV DATE :
LIFETIME RATE : 9.25000 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005379953 MORTGAGORS: STRONG JONATHAN
STRONG PAULA
REGION CODE ADDRESS : 29 WESTMINSTER COURT
01 CITY : WEST WINDSOR
STATE/ZIP : NJ 08550
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,113.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,214.48 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005398268 MORTGAGORS: PARK DALLEY
PARK YUH SOOK
REGION CODE ADDRESS : 752 SHOSHONE TRAIL
01 CITY : FRANKLIN LAKES
STATE/ZIP : NJ 07417
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,222.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,419.65 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,588,150.00
P & I AMT: 12,656.83 UPB AMT: 1,452,280.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005399951 MORTGAGORS: RAZDAN SUBASH
RAZDAN RAJ
REGION CODE ADDRESS : 4059 KESWICK DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30339
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,809.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.42 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0005406905 MORTGAGORS: CAPRIO RALPH
CAPRIO ROBIN
REGION CODE ADDRESS : 26 EAST SADDLE RIVER ROAD
01 CITY : SADDLE RIVER
STATE/ZIP : NJ 07458
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 597,545.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,940.47 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 76.02339
----------------------------------------------------------------------------
0 0005426242 MORTGAGORS: BARRETT CHARLES
BARRETT SUSAN
REGION CODE ADDRESS : 69 STONY LANE
01 CITY : MILLBURN TOWNSHIP
STATE/ZIP : NJ 07078
MORTGAGE AMOUNT : 224,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 210,335.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.25 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0005427125 MORTGAGORS: PALUMBO FRANK
PALUMBO NANCI
REGION CODE ADDRESS : 300 CALLECITA PLACE
01 CITY : SANTA FE
STATE/ZIP : NM 87501
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,040.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.36 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 05/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005428123 MORTGAGORS: LEMBECK BETSY
GARBER DONALD
REGION CODE ADDRESS : 128 COOPER AVE
01 CITY : UPPER MONTCLAIR, ESSEX
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,919.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,491.28 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 09/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,730,000.00
P & I AMT: 13,521.78 UPB AMT: 1,582,650.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005430475 MORTGAGORS: GARCIA PETE
GARCIA ISABEL
REGION CODE ADDRESS : 7720 SW 89 AVENUE
01 CITY : MIAMI
STATE/ZIP : FL 33173
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 202,916.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.98 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 07/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 86.40000
----------------------------------------------------------------------------
0 0005435581 MORTGAGORS: HYMOWITZ IRA
HYMOWITZ SARA
REGION CODE ADDRESS : 5 BEAUMONT DR
01 CITY : CLARKSTOWN
STATE/ZIP : NY 10956
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,961.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,306.74 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 88.23529
----------------------------------------------------------------------------
0 0005439054 MORTGAGORS: SCHMITZ JOHN
SCHMITZ MARY
REGION CODE ADDRESS : 20 3RD STREET, N.E.
01 CITY : WASHINGTON
STATE/ZIP : DC 20002
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,322.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,568.17 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 78.58823
----------------------------------------------------------------------------
0 0005442108 MORTGAGORS: BONDIETTI DAVID
BONDIETTI KIP
REGION CODE ADDRESS : 1634 N.W. POTTERS COURT
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 223,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 191,270.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,701.42 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 79.98928
----------------------------------------------------------------------------
0 0005517917 MORTGAGORS: EDWARDS ROBERT
REGION CODE ADDRESS : 1742 WEST WESLEY ROAD N.W.
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 575,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 542,356.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,782.56 OUTSIDE CONV DATE :
LIFETIME RATE : 9.37500 MATURITY DATE : 07/01/22
CURRENT INT RATE: 9.37500 PRODUCT CODE : 002
LTV : 66.86046
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,648,850.00
P & I AMT: 13,096.87 UPB AMT: 1,527,828.25
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007694300 MORTGAGORS: ADAMSON LAEL
ADAMSON MICHAEL
REGION CODE ADDRESS : 4926 CRESTMOOR DR
01 CITY : DES MOINES
STATE/ZIP : IA 50310
MORTGAGE AMOUNT : 119,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 118,787.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 846.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007706286 MORTGAGORS: BROWN BRUCE
REGION CODE ADDRESS : 7860 NW 11 PLACE
01 CITY : PLANTATION
STATE/ZIP : FL 33322
MORTGAGE AMOUNT : 76,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 76,356.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 550.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007706443 MORTGAGORS: ENYART PAULA
REGION CODE ADDRESS : 2251 STEPHEN LONG DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30305
MORTGAGE AMOUNT : 185,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 183,199.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.30824
----------------------------------------------------------------------------
0 0007706450 MORTGAGORS: MOORE RANDOLPH
REGION CODE ADDRESS : 2387 LAKE RIDGE TERRACE
01 CITY : LAWRENCEVILE
STATE/ZIP : GA 30043
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,344.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.13300
----------------------------------------------------------------------------
0 0007706534 MORTGAGORS: ZUCKERMAN IRA
ZUCKERMAN GINGER
REGION CODE ADDRESS : 1418 LANTANA DRIVE
01 CITY : WESTON
STATE/ZIP : FL 33326
MORTGAGE AMOUNT : 306,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,002.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,116.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.34757
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 980,800.00
P & I AMT: 6,748.99 UPB AMT: 971,690.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007706575 MORTGAGORS: RYAN DAVID
REGION CODE ADDRESS : 5002 BARRINGTON DRIVE
01 CITY : ALBANY
STATE/ZIP : GA 31707
MORTGAGE AMOUNT : 275,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,466.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,902.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99827
----------------------------------------------------------------------------
0 0007706930 MORTGAGORS: GALAZZO LOUIS
GALAZZO TERESA
REGION CODE ADDRESS : 621 PINE FOREST DRIVE
01 CITY : BRANDON
STATE/ZIP : FL 33511
MORTGAGE AMOUNT : 68,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 67,159.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 481.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007720063 MORTGAGORS: FRIEDMAN RICHARD
FRIEDMAN LESLIE
REGION CODE ADDRESS : 3453 MAPLEWOOD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 367,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,207.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,536.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007730740 MORTGAGORS: ALLEN BRIAN
ALLEN SHERI
REGION CODE ADDRESS : 3361 SW MILLER DRIVE
01 CITY : GRESHAM
STATE/ZIP : OR 97080
MORTGAGE AMOUNT : 186,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 185,337.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,255.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007735160 MORTGAGORS: THOMAS DAVID
EGRI MARIANNE
REGION CODE ADDRESS : 245 WEST 104TH STREET #6A
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 353,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,044.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,612.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/23
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.42100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,250,500.00
P & I AMT: 8,787.74 UPB AMT: 1,242,215.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007739758 MORTGAGORS: GALASSO VINCENT
GALASSO MARGARET
REGION CODE ADDRESS : 19C & 19D 353 EAST 72ND STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10021
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,711.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007744287 MORTGAGORS: LOBUONO FRANK
LOBUONO ROSA
REGION CODE ADDRESS : 1200 N. NASHUA TERRACE
01 CITY : INVERNESS
STATE/ZIP : FL 34453
MORTGAGE AMOUNT : 100,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 99,263.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 694.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 57.80300
----------------------------------------------------------------------------
0 0007744691 MORTGAGORS: HAMILTON MICHAEL
HAMILTON BONNIE
REGION CODE ADDRESS : 777 MAPLE AVENUE
01 CITY : ELMIRA
STATE/ZIP : NY 14904
MORTGAGE AMOUNT : 48,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 47,696.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 360.12 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 250
LTV : 74.61500
----------------------------------------------------------------------------
0 0007744980 MORTGAGORS: NUR FADEELAH
HASAN NAOMI
REGION CODE ADDRESS : 16615 BURNSIDE AVENUE
01 CITY : CLEVELAND
STATE/ZIP : OH 44110
MORTGAGE AMOUNT : 76,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 75,688.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 557.67 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 95.00000
----------------------------------------------------------------------------
0 0007748924 MORTGAGORS: DIXON RONALD
DIXON CAROL
REGION CODE ADDRESS : 871 SKINNER GULCH ROAD
03 CITY : LOVELAND
STATE/ZIP : CO 80538
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,672.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,282.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 842,900.00
P & I AMT: 5,961.23 UPB AMT: 838,032.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007752116 MORTGAGORS: HARMS NORRIS
REGION CODE ADDRESS : 7439 PIERCE STREET
03 CITY : ARVADA
STATE/ZIP : CO 80003
MORTGAGE AMOUNT : 104,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 102,912.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 982.27 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 73.23943
----------------------------------------------------------------------------
0 0007752819 MORTGAGORS: MINICK-DODGE ALECIA
REGION CODE ADDRESS : 338 RAVENSCROFT DRIVE
03 CITY : GOLETA
STATE/ZIP : CA 93117
MORTGAGE AMOUNT : 246,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,517.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0007753601 MORTGAGORS: HASE MARGARET
REGION CODE ADDRESS : 6031 WEST 129TH STREET
03 CITY : PALOS HEIGHTS
STATE/ZIP : IL 60463
MORTGAGE AMOUNT : 97,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 97,084.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 698.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 43.52600
----------------------------------------------------------------------------
0 0007753841 MORTGAGORS: FOSTER MARTHA
REGION CODE ADDRESS : 2770 SOUTH UTICA STREET
03 CITY : DENVER
STATE/ZIP : CO 80236
MORTGAGE AMOUNT : 92,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 92,538.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 697.93 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 65.01049
----------------------------------------------------------------------------
0 0007757529 MORTGAGORS: GORSKI RONALD
FLANDERS-GORSKI LISA
REGION CODE ADDRESS : 12317 FIGTREE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,795.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,691.85 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: 1,069,150.00
P & I AMT: 7,838.30 UPB AMT: 1,062,848.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007765191 MORTGAGORS: RUAN ANNA
REGION CODE ADDRESS : 16 TAYLOR STREET
01 CITY : QUINCY
STATE/ZIP : MA 02170
MORTGAGE AMOUNT : 149,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,079.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 995.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.96700
----------------------------------------------------------------------------
0 0007775554 MORTGAGORS: LOBEL FREDERICK
REGION CODE ADDRESS : 13082 MINDANAO WAY, UNIT #60
01 CITY : LOS ANGELES
STATE/ZIP : CA 90292
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,152.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,771.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.90000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 6.90000 PRODUCT CODE : 002
LTV : 67.25000
----------------------------------------------------------------------------
0 0007775562 MORTGAGORS: DAVIS WILLIAM
REGION CODE ADDRESS : 4627 ORRINGTON ROAD
01 CITY : CORONA DEL MAR
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 900,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 892,492.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,323.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.55000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.55000 PRODUCT CODE : 015
LTV : 68.28500
----------------------------------------------------------------------------
0 0007775687 MORTGAGORS: GUSKI WILLIAM
GUSKI BARBARA
REGION CODE ADDRESS : 36 HICKORY PASS
01 CITY : BEDFORD
STATE/ZIP : NY 10506
MORTGAGE AMOUNT : 335,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,288.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,280.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.20000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.20000 PRODUCT CODE : 002
LTV : 69.97916
----------------------------------------------------------------------------
0 0007777758 MORTGAGORS: MANKO STEVEN
REGION CODE ADDRESS : 3000 NE 53RD STREET
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 344,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,312.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.15000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.15000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,999,300.00
P & I AMT: 13,699.56 UPB AMT: 1,983,324.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007780182 MORTGAGORS: PALMER BRAD
PALMER DEE
REGION CODE ADDRESS : 1400 AMBER ROAD #43
01 CITY : PARK CITY
STATE/ZIP : UT 84060
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,393.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.00000
----------------------------------------------------------------------------
0 0007783558 MORTGAGORS: GREENE CAROL
REGION CODE ADDRESS : 25 MINETTA LANE 6J
01 CITY : NEW YORK
STATE/ZIP : NY 10012
MORTGAGE AMOUNT : 104,999.99 OPTION TO CONVERT :
UNPAID BALANCE : 102,868.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 846.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/19
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 65.62400
----------------------------------------------------------------------------
0 0007786650 MORTGAGORS: KAPLAN MICHAEL
WALSH AMY
REGION CODE ADDRESS : 33 CLINTON AVENUE
01 CITY : WESTPORT
STATE/ZIP : CT 06880
MORTGAGE AMOUNT : 323,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,633.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,315.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.35000
----------------------------------------------------------------------------
0 0007789258 MORTGAGORS: KASTURY VEERA
KASTURY PADMA
REGION CODE ADDRESS : 3262 PALMO COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 363,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,344.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,477.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.95861
----------------------------------------------------------------------------
0 0007793052 MORTGAGORS: ANGUITA JUAN
REGION CODE ADDRESS : 6847 SUNRISE COURT
01 CITY : CORAL GABLE
STATE/ZIP : FL 33133
MORTGAGE AMOUNT : 574,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 571,677.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,867.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,703,949.99
P & I AMT: 11,813.22 UPB AMT: 1,694,917.28
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007793458 MORTGAGORS: AGRAWAL AJAY
AGRAWAL SARIKA
REGION CODE ADDRESS : 5691 178TH AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,286.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,370.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 67.18900
----------------------------------------------------------------------------
0 0007799174 MORTGAGORS: HANNON ZIYAD
HANNON YOLANDA
REGION CODE ADDRESS : 1 ROSSMOOR DRIVE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94132
MORTGAGE AMOUNT : 459,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,767.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,170.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.64700
----------------------------------------------------------------------------
0 0007799679 MORTGAGORS: FLORENCE DONNA
REGION CODE ADDRESS : 144 BEVERLY ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30309
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,128.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,259.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799687 MORTGAGORS: MC CULLOUGH JOHN
MC CULLOUGH MARY
REGION CODE ADDRESS : 303 BRITON PARK COURT
01 CITY : DULUTH
STATE/ZIP : GA 30155
MORTGAGE AMOUNT : 312,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,524.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.10900
----------------------------------------------------------------------------
0 0007799695 MORTGAGORS: PULLIAM RAY
PULLIAM LINDA
REGION CODE ADDRESS : 1424 HATTIESBURG COURT
01 CITY : GRAYSON
STATE/ZIP : GA 30017
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,531.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,775,050.00
P & I AMT: 11,746.37 UPB AMT: 1,768,237.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007799703 MORTGAGORS: KINNEY RAYMOND
KINNEY JANICE
REGION CODE ADDRESS : 3840 LAFAYETTE PLACE
01 CITY : GAINESVILLE
STATE/ZIP : GA 30506
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,811.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799711 MORTGAGORS: MC CARTHY DAVID
REGION CODE ADDRESS : 300 MERRITT DRIVE
01 CITY : ROSWELL
STATE/ZIP : GA 30076
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,541.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.46000
----------------------------------------------------------------------------
0 0007799729 MORTGAGORS: CORCORAN BRETT
REGION CODE ADDRESS : 2361 MAYFIELD WAY COURT
01 CITY : BUFORD
STATE/ZIP : GA 30519
MORTGAGE AMOUNT : 273,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.72303
----------------------------------------------------------------------------
0 0007799737 MORTGAGORS: MILLER JACK
MILLER CATHY
REGION CODE ADDRESS : 1040 VINTAGE CLUB DRIVE
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,596.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799745 MORTGAGORS: BRIDGES WILLIAM
REGION CODE ADDRESS : 124 RIVERVIEW DRIVE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 342,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,922.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,249.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,610,950.00
P & I AMT: 10,668.70 UPB AMT: 1,608,872.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007799752 MORTGAGORS: WILLIS LARRY
REGION CODE ADDRESS : 14485 MORNING MOUNTAIN WAY
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 365,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,198.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.32976
----------------------------------------------------------------------------
0 0007799760 MORTGAGORS: BORTNICK BRIAN
CHANCE SUSAN
REGION CODE ADDRESS : 810 BROOKRIDGE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,438.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,449.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.67400
----------------------------------------------------------------------------
0 0007799778 MORTGAGORS: LAXSON JOHN
LAXSON MICHEL
REGION CODE ADDRESS : 1195 PINE RIDGE ROAD NE
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,774.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799794 MORTGAGORS: KENNEDY JAN
KENNEDY JULIA
REGION CODE ADDRESS : 2414 BAY VILLAGE COURT
01 CITY : PALM BEACH
STATE/ZIP : FL 33410
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,531.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.77200
----------------------------------------------------------------------------
0 0007799802 MORTGAGORS: HOFF ROBERT
HOFF LOUISE
REGION CODE ADDRESS : 735 REGISTRY LANE
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 578,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 577,399.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,847.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99972
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,856,150.00
P & I AMT: 12,387.17 UPB AMT: 1,853,342.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007799810 MORTGAGORS: WILLIAMS TODD
WILLIAMS CELIA
REGION CODE ADDRESS : 6150 WEATHERLY DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30328
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,469.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.77700
----------------------------------------------------------------------------
0 0007799836 MORTGAGORS: JONES FRANK
JONES MARIFAE
REGION CODE ADDRESS : 14 BERKELEY ROAD
01 CITY : AVONDALE ESTATES
STATE/ZIP : GA 30002
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,541.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.92400
----------------------------------------------------------------------------
0 0007799844 MORTGAGORS: LANDRY DANIEL
LANDRY ELAINE
REGION CODE ADDRESS : 3373 GLEN DEVON LANE
01 CITY : BERKELEY LAKE
STATE/ZIP : GA 30136
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,796.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799851 MORTGAGORS: MAISANO ANTHONY
REGION CODE ADDRESS : 1005 COLD HARBOR DRIVE
01 CITY : ROSWELL
STATE/ZIP : GA 30075
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 : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.97000
----------------------------------------------------------------------------
0 0007799869 MORTGAGORS: SCOTT III HUGH
SCOTT MARGARET
REGION CODE ADDRESS : 3609 CLOUDLAND DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,404.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.69200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,452,000.00
P & I AMT: 9,607.88 UPB AMT: 1,449,689.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007799877 MORTGAGORS: WILEY THOMAS
WILEY NANCY
REGION CODE ADDRESS : 7217 NW 62ND TERRACE
01 CITY : PARKLAND
STATE/ZIP : FL 33067
MORTGAGE AMOUNT : 336,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,259.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,269.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799885 MORTGAGORS: HOLOBACH MARK
HOLOBACH DARCY
REGION CODE ADDRESS : 1015 TOWNE LAKE HILLS E.
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 275,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,135.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799893 MORTGAGORS: MCKINNON WILLIAM
REGION CODE ADDRESS : 1934 CASTLEWAY LANE NE
01 CITY : ATLANTA
STATE/ZIP : GA 30345
MORTGAGE AMOUNT : 298,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,009.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 59.46200
----------------------------------------------------------------------------
0 0007799901 MORTGAGORS: BUSHY DAVID
BUSHY LISA
REGION CODE ADDRESS : 4240 RIDGEHURST DRIVE
01 CITY : SMYRNA
STATE/ZIP : GA 30080
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,552.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007799919 MORTGAGORS: RICHARDSON SCOTT
RICHARDSON MEGHAN
REGION CODE ADDRESS : 4515 CRESTWICKE POINTE
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 518,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 517,568.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,701,300.00
P & I AMT: 11,367.71 UPB AMT: 1,698,525.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007799927 MORTGAGORS: RASMUSSEN WILLIAM
RASMUSSEN DANNIE
REGION CODE ADDRESS : 330 COACH HOUSE LANE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 308,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,292.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.76700
----------------------------------------------------------------------------
0 0007799935 MORTGAGORS: WORSHAM LARRY
REGION CODE ADDRESS : 315 SPINDLE COURT
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 298,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,461.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 93.98900
----------------------------------------------------------------------------
0 0007799943 MORTGAGORS: MCALISTER ROBERT
MCALISTER JILL
REGION CODE ADDRESS : 224 PINELAND ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,804.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007799992 MORTGAGORS: ROERIG HOWARD
MASHAW SUSAN
REGION CODE ADDRESS : 729 CORONADO DRIVE
01 CITY : SEDALIA
STATE/ZIP : CO 80135
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,775.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,547.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800014 MORTGAGORS: CHILDERS GARY
CHILDERS MARKETTA
REGION CODE ADDRESS : 3317 LACOSTE DRIVE
01 CITY : JONESBORO
STATE/ZIP : AR 72404
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,134.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,776,750.00
P & I AMT: 12,035.14 UPB AMT: 1,773,467.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007800048 MORTGAGORS: SPROSTY DALE
REGION CODE ADDRESS : 18400 MEANDER DRIVE
01 CITY : GRAYSLAKE
STATE/ZIP : IL 60030
MORTGAGE AMOUNT : 254,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,860.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.99400
----------------------------------------------------------------------------
0 0007800311 MORTGAGORS: WALLACE WILLIAM
WALLACE BRENDA
REGION CODE ADDRESS : 576 PATTY DRIVE
01 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,545.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.52300
----------------------------------------------------------------------------
0 0007800329 MORTGAGORS: WILKINSON GEORGE
WILKINSON SUSAN
REGION CODE ADDRESS : 10310 NORTH 135TH WAY
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,976.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,524.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.66100
----------------------------------------------------------------------------
0 0007800345 MORTGAGORS: CAGGIANO GREGORY
CAGGIANO SUSAN
REGION CODE ADDRESS : 0508-0510 SOUTH FRENCH STREET
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 239,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,964.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800477 MORTGAGORS: ERICKSON ELVIN
ERICKSON KARIN
REGION CODE ADDRESS : 15 AMBERLY ROAD
01 CITY : SEDONA
STATE/ZIP : AZ 86336
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,763.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,286,500.00
P & I AMT: 8,556.44 UPB AMT: 1,283,111.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007800667 MORTGAGORS: MORRIS RAYMOND
MORRIS JANET
REGION CODE ADDRESS : 6273 SOUTH LAKE GULCH ROAD
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,507.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800709 MORTGAGORS: WELCH MICHAEL
WELCH JANET
REGION CODE ADDRESS : 7706 SOUTH HUDSON COURT
01 CITY : LITTLETON
STATE/ZIP : CO 80122
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,511.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.20000
----------------------------------------------------------------------------
0 0007800741 MORTGAGORS: HEINEMANN SCOTT
HEINEMANN REBECCA
REGION CODE ADDRESS : 3574 SKI HILL RD
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,172.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800758 MORTGAGORS: MORRIS RICHARD
MCGINNIS CHRISTOPHER
REGION CODE ADDRESS : 1062 CHILDERS ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 279,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,999.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,791.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 73.61800
----------------------------------------------------------------------------
0 0007800766 MORTGAGORS: CHRISTENSEN ERIC
CHRISTENSEN GAIL
REGION CODE ADDRESS : 3171 NELSON ROAD
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,619.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,206.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,683,150.00
P & I AMT: 11,145.57 UPB AMT: 1,678,810.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007800840 MORTGAGORS: CATALA EDGAR
CATALA MERCEDES
REGION CODE ADDRESS : 57 FALCON CREST ROAD
01 CITY : MIDDLEBURY
STATE/ZIP : CT 06762
MORTGAGE AMOUNT : 367,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,583.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,446.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.95600
----------------------------------------------------------------------------
0 0007800949 MORTGAGORS: REHBEIN ROBYN
REGION CODE ADDRESS : 3114 EAST SQUAW PEAK CIRCLE
01 CITY : PHOENIX
STATE/ZIP : AZ 85016
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,438.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.94600
----------------------------------------------------------------------------
0 0007800964 MORTGAGORS: WHEELER FRANK
REGION CODE ADDRESS : 11750 NORTH 108TH WAY
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 273,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,342.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007800972 MORTGAGORS: ROSS RICHARD
ROSS MARY
REGION CODE ADDRESS : 200 HAMILTON WAY
01 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 277,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,438.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.96000
----------------------------------------------------------------------------
0 0007800980 MORTGAGORS: MCALLISTER JOHN
MCALLISTER CAROL
REGION CODE ADDRESS : 12227 CALFEE GULCH ROAD
01 CITY : CONIFER
STATE/ZIP : CO 80433
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,376.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,430.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.51800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,638,800.00
P & I AMT: 10,947.99 UPB AMT: 1,635,179.43
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007800998 MORTGAGORS: WALTER ROBERT
WALTER SANDRA
REGION CODE ADDRESS : 7101 ANDREA LANE
01 CITY : MORRISON
STATE/ZIP : CO 80465
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,422.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------------------
0 0007801046 MORTGAGORS: MC BURNETT CYNTHIA
FREEMAN MILLIE
REGION CODE ADDRESS : 1315 WEST WESLEY ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,010.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801202 MORTGAGORS: ANDREWS DONALD
ANDREWS CAROL
REGION CODE ADDRESS : 475 WHITTER LANE
01 CITY : NORTHFIELD
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 335,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,112.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801210 MORTGAGORS: BOUTSIKAKIS GEORGIA
REGION CODE ADDRESS : 3820 CRESTWOOD
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------------------
0 0007801236 MORTGAGORS: SOMMER VINCENT
NEUENS JOHNA
REGION CODE ADDRESS : 2229 WEST LINCOLN
01 CITY : MOUNT PROSPECT
STATE/ZIP : IL 60056
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,157.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,895,600.00
P & I AMT: 12,742.52 UPB AMT: 1,892,210.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801293 MORTGAGORS: SCHAFFNER TIMOTHY
SCHAFFNER MARSHA
REGION CODE ADDRESS : 7461 BLUE HERON WAY
01 CITY : WEST PALM B
STATE/ZIP : FL 33412
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,504.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.56353
----------------------------------------------------------------------------
0 0007801319 MORTGAGORS: THOLE ANTHONY
THOLE DENISE
REGION CODE ADDRESS : 10140 QUARRY HILL PLACE
01 CITY : PARKER
STATE/ZIP : CO 80134
MORTGAGE AMOUNT : 358,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,924.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,415.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.62500
----------------------------------------------------------------------------
0 0007801327 MORTGAGORS: MCINTYRE GARY
MCINTYRE DONNA
REGION CODE ADDRESS : 3474 DEER CREEK DRIVE
01 CITY : PARKER
STATE/ZIP : CO 80138
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,525.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.54600
----------------------------------------------------------------------------
0 0007801343 MORTGAGORS: SHULER EDWARD
SHULER ANSLEY
REGION CODE ADDRESS : 14930 EAST ABERDEEN AVENUE
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,615.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.78900
----------------------------------------------------------------------------
0 0007801350 MORTGAGORS: BARLOW ANITA
BARLOW THOMAS
REGION CODE ADDRESS : 14 FALCON HILLS DRIVE
01 CITY : HIGHLANDS R
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,465.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.90400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,550,700.00
P & I AMT: 10,522.14 UPB AMT: 1,547,035.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801368 MORTGAGORS: ZOLLARS JOHN
ZOLLARS KAREN
REGION CODE ADDRESS : 1542 HIGH STREET
01 CITY : DENVER
STATE/ZIP : CO 80218
MORTGAGE AMOUNT : 309,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,915.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,110.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0007801376 MORTGAGORS: EDDLEMAN RAY
EDDLEMAN JUDITH
REGION CODE ADDRESS : 2505 OUTLOOK TRAIL
01 CITY : BROOMFIELD
STATE/ZIP : CO 80020
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,326.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801384 MORTGAGORS: CRANE RODERICK
CRANE CYNTHIA
REGION CODE ADDRESS : 7625 BERKSHIRE LANE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 85.42700
----------------------------------------------------------------------------
0 0007801392 MORTGAGORS: VANHEES ROBERT
GRECKY MARIA
REGION CODE ADDRESS : 7139 RUSSELL COURT
01 CITY : ARVADA
STATE/ZIP : CO 80007
MORTGAGE AMOUNT : 279,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,428.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,838.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007801400 MORTGAGORS: SMITH THOMAS
REGION CODE ADDRESS : 7317 DIDRICKSON COURT
01 CITY : FORT COLLIN
STATE/ZIP : CO 80525
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,566.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.80900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,619,300.00
P & I AMT: 10,888.72 UPB AMT: 1,616,965.45
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801426 MORTGAGORS: LITTLEFORD JOHN
LITTLEFORD CLAUDIA
REGION CODE ADDRESS : 8000 EAST PONDEROSA DRIVE
01 CITY : PARKER
STATE/ZIP : CO 80138
MORTGAGE AMOUNT : 640,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 638,946.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,474.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801434 MORTGAGORS: DENNIN ANNA-CRISTINA
DENNIN THOMAS
REGION CODE ADDRESS : 741 SOUTH VINE STREET
01 CITY : DENVER
STATE/ZIP : CO 80209
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,609.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,389.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801442 MORTGAGORS: ZIZZO NINO
MAGGIORE-ZIZZO MELISSA
REGION CODE ADDRESS : 7961 GRADO EL TUPELO
01 CITY : CARLSBAD
STATE/ZIP : GA 92009
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801459 MORTGAGORS: MILLS RONALD
MILLS ELIZABETH
REGION CODE ADDRESS : 10416 NORTH 101 ST, STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85258
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.47600
----------------------------------------------------------------------------
0 0007801467 MORTGAGORS: THURSTON BRIAN
BARRETT-THURSTON JAIME
REGION CODE ADDRESS : 5332 EAST PARADISE DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 284,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,654.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,847.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.98700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,949,100.00
P & I AMT: 13,195.77 UPB AMT: 1,946,418.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801475 MORTGAGORS: LEWIS ROBERT
LEWIS AMY
REGION CODE ADDRESS : 9048 EAST CAMINO DEL SANTO
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85260
MORTGAGE AMOUNT : 271,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,264.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007801483 MORTGAGORS: WINTERICH RICHARD
WINTERICH LYNN
REGION CODE ADDRESS : 11326 EAST SORREL LANE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,438.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0007801491 MORTGAGORS: COWGILL HERBERT
COWGILL JOANN
REGION CODE ADDRESS : 1220 NORTH WENTWORTH ROAD
01 CITY : TUCSON
STATE/ZIP : AZ 85749
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,976.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007801517 MORTGAGORS: LEPPIEN RAYMOND
LEPPIEN KELLY
REGION CODE ADDRESS : 1101 EAST WARNER ROAD #139
01 CITY : TEMPE
STATE/ZIP : AZ 85284
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,240.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,853.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.27900
----------------------------------------------------------------------------
0 0007801632 MORTGAGORS: WILSON DARRYL
WILSON SALLY
REGION CODE ADDRESS : 38164 BLACOW ROAD
01 CITY : FREMONT
STATE/ZIP : GA 94536
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,597.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,642,200.00
P & I AMT: 10,970.01 UPB AMT: 1,639,517.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801640 MORTGAGORS: COSTA EDWARD
BERG KAREN
REGION CODE ADDRESS : 321 GERMAINE AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : GA 95065
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,306.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.10300
----------------------------------------------------------------------------
0 0007802028 MORTGAGORS: EGAN WILLIAM
EGAN MARIE
REGION CODE ADDRESS : 18182 RIVER OAKS DR
01 CITY : JUPITER
STATE/ZIP : FL 33458
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.07400
----------------------------------------------------------------------------
0 0007802341 MORTGAGORS: MARTIN WILLIAM
MARTIN KELLI
REGION CODE ADDRESS : 1325 COVENTRY LANE
01 CITY : VERO BEACH
STATE/ZIP : FL 32967
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,714.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,315.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.27272
----------------------------------------------------------------------------
0 0007802366 MORTGAGORS: IWANSKI GREGORY
IWANSKI FRANETTE
REGION CODE ADDRESS : 501 CELEBRATION AVENUE
01 CITY : CELEBRATION
STATE/ZIP : FL 34747
MORTGAGE AMOUNT : 245,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,098.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,631.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.18000
----------------------------------------------------------------------------
0 0007802374 MORTGAGORS: STROH SCOTT
STROH NANCY
REGION CODE ADDRESS : 935 HYACINTH DRIVE
01 CITY : DELRAY BEACH
STATE/ZIP : FL 33483
MORTGAGE AMOUNT : 479,940.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,574.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,314.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,627,740.00
P & I AMT: 11,015.76 UPB AMT: 1,626,201.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007802382 MORTGAGORS: JUBA DANIEL
JUBA PAMELA
REGION CODE ADDRESS : 1828 COMMODORE POINT DRIVE
01 CITY : ORANGE PARK
STATE/ZIP : FL 32073
MORTGAGE AMOUNT : 339,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,669.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.87340
----------------------------------------------------------------------------
0 0007802390 MORTGAGORS: MURRAY ROBERT
MURRAY ANN
REGION CODE ADDRESS : 2741 NE 12TH STREET
01 CITY : POMPANO BEACH
STATE/ZIP : FL 33062
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,360.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,518.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/19
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802416 MORTGAGORS: SMITH CECILIA
REGION CODE ADDRESS : 5430 DUNWOODY MILL COURT
01 CITY : DUNWOODY
STATE/ZIP : GA 30338
MORTGAGE AMOUNT : 252,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,394.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802424 MORTGAGORS: CHAPMAN CLYDE
JACKSON-CHAPMAN DIANE
REGION CODE ADDRESS : 517 MONTEAGLE TRACE
01 CITY : STONE MOUNTAIN
STATE/ZIP : GA 30087
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,388.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,474.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802432 MORTGAGORS: THORNTON MICHAEL
THORNTON JACQUELINE
REGION CODE ADDRESS : 5028 TOWNE LAKE HILLS NORTH
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 316,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,291.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,134.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,608,800.00
P & I AMT: 11,144.83 UPB AMT: 1,606,104.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007802440 MORTGAGORS: WHITELAW ROBERT
HORNBECK KENNETH
REGION CODE ADDRESS : 1858 WINDEMERE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,371.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,360.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802457 MORTGAGORS: BRAMAN ROBERT
KNOTTS THERESE
REGION CODE ADDRESS : 2925 ASHEBROOKE DRIVE
01 CITY : MARIETTA
STATE/ZIP : GA 30068
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,714.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802465 MORTGAGORS: FUTCH DON
REGION CODE ADDRESS : 4075 ROXBURGH DRIVE
01 CITY : ROSWELL
STATE/ZIP : GA 30076
MORTGAGE AMOUNT : 341,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,326.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802473 MORTGAGORS: ELLIN RICHARD
ELLIN JANICE
REGION CODE ADDRESS : 8140 JETT FERRY ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,123.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,416.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.39628
----------------------------------------------------------------------------
0 0007802515 MORTGAGORS: STEPHENSON DON
STEPHENSON YVONNE
REGION CODE ADDRESS : 2303 NORTH ROAD 1 EAST
01 CITY : CHINO VALLEY
STATE/ZIP : AZ 86323
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,789.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,790,800.00
P & I AMT: 11,884.22 UPB AMT: 1,788,326.06
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007802556 MORTGAGORS: CONSTANTINE DOMINIC
CONSTANTINE GRACE
REGION CODE ADDRESS : 1606 FAR HILLS DRIVE
01 CITY : BARTLETT
STATE/ZIP : IL 60103
MORTGAGE AMOUNT : 288,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,220.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,018.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.01200
----------------------------------------------------------------------------
0 0007802598 MORTGAGORS: DEMIDOVICH CARL
SHURNAS ELIZABETH
REGION CODE ADDRESS : 1337 HIGH STREET
01 CITY : DENVER
STATE/ZIP : CO 80218
MORTGAGE AMOUNT : 425,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,577.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,903.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802739 MORTGAGORS: KRAUSE DOUGLAS
KRAUSE PEGGY
REGION CODE ADDRESS : 2614 LARKSPUR LANE
01 CITY : VAIL
STATE/ZIP : CO 81657
MORTGAGE AMOUNT : 246,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,765.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007802754 MORTGAGORS: FORNATTO ROBERT
FORNATTO MARY
REGION CODE ADDRESS : 413 RIDGEWOOD AVENUE
01 CITY : GLEN ELLYN
STATE/ZIP : IL 60137
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,494.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.20500
----------------------------------------------------------------------------
0 0007802762 MORTGAGORS: RUSSOTTO MICHAEL
RUSSOTTO CYNTHIA
REGION CODE ADDRESS : 1841 MATTHEWS COURT
01 CITY : BATAVIA
STATE/ZIP : IL 60510
MORTGAGE AMOUNT : 317,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,124.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,578,200.00
P & I AMT: 10,659.49 UPB AMT: 1,573,182.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007802796 MORTGAGORS: NOVOTNY DAVID
NOVOTNY ERIN
REGION CODE ADDRESS : 18253 NORTH 15TH PLACE
01 CITY : PHOENIX
STATE/ZIP : AZ 85022
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,672.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.99000
----------------------------------------------------------------------------
0 0007802804 MORTGAGORS: CHRISTOFFERSEN PHILIP
CHRISTOFFERSEN BONNIE
REGION CODE ADDRESS : 6320 EAGLE HARBOR DRIVE NORTHEAST
01 CITY : BAINBRIDGE ISLAND
STATE/ZIP : WA 98110
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,373.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007802846 MORTGAGORS: OUKSEL ARIS
REGION CODE ADDRESS : 419 ELMWOOD AVENUE
01 CITY : OAK PARK
STATE/ZIP : IL 60302
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,969.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007802853 MORTGAGORS: OLEA VICTOR
OLEA ELIZABETH
REGION CODE ADDRESS : 1809 WEST THUNDERHILL DRIVE
01 CITY : PHOENIX
STATE/ZIP : AZ 85045
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,471.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98700
----------------------------------------------------------------------------
0 0007802895 MORTGAGORS: DIAMENT MICHAEL
TANKOOS JENINE
REGION CODE ADDRESS : 2181 LONG RIDGE ROAD
01 CITY : STAMFORD
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,085.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,679,250.00
P & I AMT: 11,278.87 UPB AMT: 1,674,572.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007802903 MORTGAGORS: O'SHAUGHNESSY DANIEL
O'SHAUGHNESSY TRACI
REGION CODE ADDRESS : 3416 CURLING POND COURT
01 CITY : CRYSTAL LAKE
STATE/ZIP : IL 60012
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,283.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.48400
----------------------------------------------------------------------------
0 0007802994 MORTGAGORS: DEBLANC DONALD
DEBLANC STEPHANIE
REGION CODE ADDRESS : 14464 SW TEWKESBURY DRIVE
01 CITY : TIGARD
STATE/ZIP : GA 97224
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,771.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007803042 MORTGAGORS: MCCRORY DUANE
MCCRORY ANNE
REGION CODE ADDRESS : 34 RAFELLA DRIVE
01 CITY : MALVERN
STATE/ZIP : PA 19355
MORTGAGE AMOUNT : 269,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,456.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------------------
0 0007803067 MORTGAGORS: DANNELS PAUL
DANNELS BONNIE
REGION CODE ADDRESS : 23 OAK RIDGE DRIVE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 305,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,345.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.24600
----------------------------------------------------------------------------
0 0007803125 MORTGAGORS: DEW JAMES
DEW MIMI
REGION CODE ADDRESS : 16485 NORTH 109TH WAY
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 449,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,243.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,949.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 88.15600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,623,000.00
P & I AMT: 10,868.81 UPB AMT: 1,620,099.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007803133 MORTGAGORS: ROSSMAN BETH
REGION CODE ADDRESS : 4725 EAST CALLE DEL NORTE
01 CITY : PHOENIX
STATE/ZIP : AZ 85018
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,956.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007803158 MORTGAGORS: JESSE JAY
JESSE NORMA
REGION CODE ADDRESS : 29725 SOUTH SUNSET TRAIL
01 CITY : CONIFER
STATE/ZIP : CO 80433
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,569.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007803166 MORTGAGORS: BLACKWELL REX
BLACKWELL PEGGY
REGION CODE ADDRESS : 11401 HIAWATHA LANE
01 CITY : INDIAN HEAD
STATE/ZIP : IL 60525
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,553.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
0 0007803216 MORTGAGORS: WALKER KEVIN
COLLINS DEBRA
REGION CODE ADDRESS : 3477 OLD PACIFIC HIGHWAY S
01 CITY : KELSO
STATE/ZIP : WA 98626
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,328.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007803273 MORTGAGORS: MARTIN JOHN
MARTIN CAMILLE
REGION CODE ADDRESS : 2105 EAST STEPHENS ROAD
01 CITY : GILBERT
STATE/ZIP : AZ 85296
MORTGAGE AMOUNT : 266,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,450.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.36200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,348,900.00
P & I AMT: 9,158.53 UPB AMT: 1,344,858.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007803281 MORTGAGORS: WEDERATH DAVID
WEDERATH LYDIA
REGION CODE ADDRESS : 21376 EAST NICHOLS PLACE
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,306.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,807.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.93700
----------------------------------------------------------------------------
0 0007803307 MORTGAGORS: ROSS WILLIAM
ROSS KAREN
REGION CODE ADDRESS : 2900 NORTH AVENDIA DE LA COLINA
01 CITY : TUCSON
STATE/ZIP : AZ 85749
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,011.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,562.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.82600
----------------------------------------------------------------------------
0 0007803331 MORTGAGORS: DAMASHEK RONALD
DAMASHEK LINDA
REGION CODE ADDRESS : 1318 JUDSON AVENUE
01 CITY : EVANSTON
STATE/ZIP : GA 60201
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007803364 MORTGAGORS: GUINN PAMELA
GUINN ROBERT
REGION CODE ADDRESS : 5604 - 125TH LANE NORTHEAST
01 CITY : KIRKLAND
STATE/ZIP : WA 98033
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,455.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 33.87000
----------------------------------------------------------------------------
0 0007803380 MORTGAGORS: VESELY JAN
VESELY HANA
REGION CODE ADDRESS : 6028 EAST ANDERSON DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 270,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,476.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.74100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,697,900.00
P & I AMT: 11,362.40 UPB AMT: 1,694,755.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007803398 MORTGAGORS: ZORETICH MICHAEL
ZORETICH LAURA
REGION CODE ADDRESS : 2199 AVALON DRIVE
01 CITY : BUFFALO GROVE
STATE/ZIP : IL 60089
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,058.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.71400
----------------------------------------------------------------------------
0 0007803406 MORTGAGORS: JONES RODNEY
JONES BONNIE
REGION CODE ADDRESS : 21911 NE 147TH STREET
01 CITY : BRUSH PRAIRIE
STATE/ZIP : WA 98606
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,382.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,123.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.17200
----------------------------------------------------------------------------
0 0007803422 MORTGAGORS: MCKENNA JOSEPH
MCKENNA CAROL
REGION CODE ADDRESS : 8744 GOLDEN FIELDS LANE
01 CITY : LOVELAND
STATE/ZIP : CO 80538
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,467.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.55500
----------------------------------------------------------------------------
0 0007803448 MORTGAGORS: SANTANGELO JAY
SANTANGELO CHERYL
REGION CODE ADDRESS : 7810 WEST OXFORD CIRCLE
01 CITY : DENVER
STATE/ZIP : CO 80235
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,348.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007803513 MORTGAGORS: DUSHEK JAMES
DUSHEK MADELON
REGION CODE ADDRESS : 905 SOUTH SEMINARY AVENUE
01 CITY : PARK RIDGE
STATE/ZIP : IL 60068
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,398.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,822,500.00
P & I AMT: 12,460.11 UPB AMT: 1,819,655.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007803547 MORTGAGORS: HA OK
HA EUN
REGION CODE ADDRESS : 888 SHEEHAN AVE
01 CITY : GLEN ELLYN
STATE/ZIP : IL 60137
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,542.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007803620 MORTGAGORS: MILLER STEPHEN
MILLER MICHELE
REGION CODE ADDRESS : 14263 212TH DRIVE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0007803711 MORTGAGORS: RACCONE NANCY
REGION CODE ADDRESS : 5 JEFFERSON DRIVE
01 CITY : EAST GRANBY
STATE/ZIP : CT 06026
MORTGAGE AMOUNT : 255,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,205.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.59200
----------------------------------------------------------------------------
0 0007803745 MORTGAGORS: HUBERTY WILLIAM
HUBERTY CONNIE
REGION CODE ADDRESS : 39 WEST 062 DEAN LANE
01 CITY : ST. CHARLES
STATE/ZIP : IL 60175
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,054.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007803901 MORTGAGORS: RUBINOFF HARRY
ENGELMAN JUDITH
REGION CODE ADDRESS : 11046 NORTH 50TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,307.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,710,500.00
P & I AMT: 11,601.12 UPB AMT: 1,707,484.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007803935 MORTGAGORS: SKINNER RUSSELL
SKINNER MELISSA
REGION CODE ADDRESS : 4801 DELAWARE DRIVE
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,531.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.42800
----------------------------------------------------------------------------
0 0007804016 MORTGAGORS: NICKELS BRADLEY
NICKELS SARA
REGION CODE ADDRESS : 5442 EAST MURIEL DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 305,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,109.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,058.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007804024 MORTGAGORS: GRIBBIN B.
CAMPEAU PAUL
REGION CODE ADDRESS : 3100 SOUTH MOUNT BAKER BOULEVARD
01 CITY : SEATTLE
STATE/ZIP : WA 98144
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,058.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0007804065 MORTGAGORS: COLE STEVEN
REGION CODE ADDRESS : 8846 SW FIRVIEW PLACE
01 CITY : BEAVERTON
STATE/ZIP : OR 97007
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,700.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.81500
----------------------------------------------------------------------------
0 0007804107 MORTGAGORS: DEUTSCH DANIEL
DEUSTCH JUDITH
REGION CODE ADDRESS : 1 OCEAN HAMLET
01 CITY : BETHANY BEACH
STATE/ZIP : DE 19930
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,604,100.00
P & I AMT: 10,729.33 UPB AMT: 1,602,096.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007804115 MORTGAGORS: CURRAN ROBERT
CURRAN NANCY
REGION CODE ADDRESS : 19705 SPRING RIDGE DRIVE
01 CITY : WEST LINN
STATE/ZIP : OR 97068
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,487.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007804131 MORTGAGORS: BARTELL THAD
BARTELL LORETTA
REGION CODE ADDRESS : 700 NORTH DOBSON ROAD #22
01 CITY : CHANDLER
STATE/ZIP : AZ 85224
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,637.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,940.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.55500
----------------------------------------------------------------------------
0 0007804149 MORTGAGORS: WRIGHT EDWARD
WRIGHT JACQUELINE
REGION CODE ADDRESS : 2241 SALT MYRTLE LANE
01 CITY : ORANGE PARK
STATE/ZIP : FL 32073
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,550.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007804172 MORTGAGORS: DAVIDSON DAVID
DAVIDSON SHERYL
REGION CODE ADDRESS : 3398 VELVET ASH
01 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,579.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.52100
----------------------------------------------------------------------------
0 0007804180 MORTGAGORS: KLOTNIA PAUL
REGION CODE ADDRESS : 5822 EAST BERNEIL LANE
01 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 642,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 641,846.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,166.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,893,400.00
P & I AMT: 12,418.50 UPB AMT: 1,891,101.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007804222 MORTGAGORS: BICKMORE BRYAN
REGION CODE ADDRESS : 1611 N PROM
01 CITY : SEASIDE
STATE/ZIP : OR 97138
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.04000
----------------------------------------------------------------------------
0 0007804289 MORTGAGORS: FLYNN THOMAS
MC CULLOUGH-FLYNN HEIDI
REGION CODE ADDRESS : 23416 SW 65TH AVENUE
01 CITY : TUALATIN
STATE/ZIP : OR 97062
MORTGAGE AMOUNT : 358,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,910.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,385.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.27600
----------------------------------------------------------------------------
0 0007804297 MORTGAGORS: BELGARDE CHARLES
BELGARDE GLENNA
REGION CODE ADDRESS : 408 HORSESHOE DRIVE
01 CITY : GRANTS PASS
STATE/ZIP : OR 97526
MORTGAGE AMOUNT : 293,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,868.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007804347 MORTGAGORS: BOLGARD SPENCER
BOLGARD NANCY
REGION CODE ADDRESS : 1744 TOWNE DRIVE
01 CITY : EAST GOSHEN TOWNSHIP
STATE/ZIP : PA 19380
MORTGAGE AMOUNT : 335,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,775.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,287.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.97600
----------------------------------------------------------------------------
0 0007804362 MORTGAGORS: GU HONGMAN
REGION CODE ADDRESS : 3639 SW CULLEN BOULEVARD
01 CITY : PORTLAND
STATE/ZIP : OR 97221
MORTGAGE AMOUNT : 301,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,028.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,056.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,688,700.00
P & I AMT: 11,312.42 UPB AMT: 1,686,270.05
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007804370 MORTGAGORS: DORIS LEON
DORIS LORETTA
REGION CODE ADDRESS : 9188 NORTH 108TH PLACE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 328,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,237.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,213.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007804388 MORTGAGORS: KINZER DAVID
REGION CODE ADDRESS : 1212 WEST ISLAND DRIVE
01 CITY : CHANDLER
STATE/ZIP : AZ 85248
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,319.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.31500
----------------------------------------------------------------------------
0 0007804446 MORTGAGORS: GIUSTI FURIE
GIUSTI SHEILA
REGION CODE ADDRESS : 22141 EAST QUARTO PLACE
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,456.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007804487 MORTGAGORS: CHILTON MITCHELL
CHILTON JACQUELINE
REGION CODE ADDRESS : 1512 EAST PALOMINO DRIVE
01 CITY : TEMPE
STATE/ZIP : AZ 85284
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007804503 MORTGAGORS: VISOCKY JOHN
VISOCKY NANCY
REGION CODE ADDRESS : 30084 ARENA DRIVE
01 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,986.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.00800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,724,500.00
P & I AMT: 11,605.32 UPB AMT: 1,721,739.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007804529 MORTGAGORS: MCNEEL MORGAN
REGION CODE ADDRESS : 130 MARIETTA COUNTRY CLUB DRIVE
01 CITY : KENNESAW
STATE/ZIP : GA 30144
MORTGAGE AMOUNT : 343,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,155.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.25800
----------------------------------------------------------------------------
0 0007804677 MORTGAGORS: DICKMAN FREDERICK
REGION CODE ADDRESS : 5385 JARMAN STREET
01 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80906
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,979.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.24600
----------------------------------------------------------------------------
0 0007804743 MORTGAGORS: GUTHRIE STEPHEN
GUTHRIE JUDITH
REGION CODE ADDRESS : 5285 W. RED ROCK DRIVE
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,399.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007804776 MORTGAGORS: MAKARECHI SHAHDAD
MAKARECHI MAUREEN
REGION CODE ADDRESS : 100 N. OCEAN DRIVE
01 CITY : SOUTH BETHANY
STATE/ZIP : DE 19930
MORTGAGE AMOUNT : 308,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,304.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007804867 MORTGAGORS: ODELL SANDRA
REGION CODE ADDRESS : 9051 GULFSHORE DRIVE #703
01 CITY : NAPLES
STATE/ZIP : FL 34108
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,293.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.55500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,453,600.00
P & I AMT: 9,936.58 UPB AMT: 1,443,133.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 42
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007804891 MORTGAGORS: HOBBS RANDALL
HOBBS SHARRI
REGION CODE ADDRESS : 1428 BRINTON'S BRIDGE ROAD
01 CITY : CHADDS FORD
STATE/ZIP : PA 19317
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,395.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,492.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.47600
----------------------------------------------------------------------------
0 0007804917 MORTGAGORS: SMITH KATHLEEN
REGION CODE ADDRESS : 735 CORONADO AVENUE
01 CITY : CORAL GABLE
STATE/ZIP : FL 33143
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,467.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.54800
----------------------------------------------------------------------------
0 0007805104 MORTGAGORS: HARDY JOHN
HARDY LINDA
REGION CODE ADDRESS : 681 STONE FIELD LOOP
01 CITY : HEATHROW
STATE/ZIP : FL 32746
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.94700
----------------------------------------------------------------------------
0 0007805187 MORTGAGORS: GRAY JOHN
GRAY OLIVIA
REGION CODE ADDRESS : 105 FARMSTEAD COURT
01 CITY : HOCKESSIN
STATE/ZIP : DE 19707
MORTGAGE AMOUNT : 281,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,363.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.84900
----------------------------------------------------------------------------
0 0031462351 MORTGAGORS: REEG THOMAS
REEG SUZANNE
REGION CODE ADDRESS : 6711 FIELDSTONE DRIVE
01 CITY : BURR RIDGE
STATE/ZIP : IL 60521
MORTGAGE AMOUNT : 552,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 551,435.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,767.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99965
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,843,900.00
P & I AMT: 12,501.77 UPB AMT: 1,841,204.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 43
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031484744 MORTGAGORS: GALLAGHER WILLIAM
GALLAGHER ALEXIA
REGION CODE ADDRESS : 6005 OAKBURY LANE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.46800
----------------------------------------------------------------------------
0 0031573702 MORTGAGORS: BRIGHT DOREEN
REGION CODE ADDRESS : 441 TRYTHALL ROAD
01 CITY : ELVERSON
STATE/ZIP : PA 19470
MORTGAGE AMOUNT : 200,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 138,654.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,432.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031584188 MORTGAGORS: PENTON CHARLES
PENTON ANTOINETTE
REGION CODE ADDRESS : 527 NORTH LAKE COVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35242
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.07400
----------------------------------------------------------------------------
0 0031587397 MORTGAGORS: MAZZA ANTHONY
REGION CODE ADDRESS : 49 ARBORFIELD WAY
01 CITY : LAKE GROVE
STATE/ZIP : NY 11755
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031596299 MORTGAGORS: PARENTI MARIETTA
REGION CODE ADDRESS : 1605 NORTH VINE STREET
01 CITY : CHICAGO
STATE/ZIP : IL 60614
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,634,700.00
P & I AMT: 11,051.27 UPB AMT: 1,573,067.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 44
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031610645 MORTGAGORS: HILL PHILIP
REGION CODE ADDRESS : 211 SANTA ANA AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0031630098 MORTGAGORS: CURTIS CORTEZ
CURTIS FELICIA
REGION CODE ADDRESS : 10 S. 601 GARFIELD
01 CITY : BURR RIDGE
STATE/ZIP : IL 60521
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,687.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 72.53800
----------------------------------------------------------------------------
0 0031647795 MORTGAGORS: CERVANTES CRISNOEL
CERVANTES ROBIN
REGION CODE ADDRESS : 2009 TALLY HO DRIVE
01 CITY : WALL
STATE/ZIP : NJ 07719
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031649254 MORTGAGORS: ROSENBLUM JEFFREY
ROSENBLUM RHONDA
REGION CODE ADDRESS : LOT # 25 HORSESHOE TRAIL
01 CITY : EDGEHILL,CHESTER SPRINGS
STATE/ZIP : PA 19425
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,108.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 70.54800
----------------------------------------------------------------------------
0 0031679137 MORTGAGORS: NOVAK HOWARD
NOVAK JANICE
REGION CODE ADDRESS : 71 GOLF COURSE ROAD
01 CITY : WILLISTON
STATE/ZIP : VT 05495
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 82.06500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,895,000.00
P & I AMT: 12,343.72 UPB AMT: 1,894,401.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 45
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031687817 MORTGAGORS: STEIN JAIME
STEIN LETICIA
REGION CODE ADDRESS : 4003 EASTON BEND COURT
01 CITY : SUGAR LAND
STATE/ZIP : TX 77479
MORTGAGE AMOUNT : 274,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,925.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0031730591 MORTGAGORS: ATWATER BRUCE
ATWATER JOYCE
REGION CODE ADDRESS : 4826 ADELE COURT
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,875.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.48500
----------------------------------------------------------------------------
0 0031737059 MORTGAGORS: LOEHR LINDA
REGION CODE ADDRESS : 1171 YOST STREET
01 CITY : AURORA
STATE/ZIP : CO 80011
MORTGAGE AMOUNT : 81,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 80,529.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 594.35 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0031749476 MORTGAGORS: CONDON BRIAN
CONDON SUSANNE
REGION CODE ADDRESS : LOT 156A BONNIE'S WAY
01 CITY : HAMPSTEAD
STATE/ZIP : NH 03841
MORTGAGE AMOUNT : 300,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.98800
----------------------------------------------------------------------------
0 0031750813 MORTGAGORS: MASCARI SALVATORE
MASCARI MICHELE
REGION CODE ADDRESS : 12 NOBLE VICTORY COURT
01 CITY : EDGEWATER
STATE/ZIP : MD 21037
MORTGAGE AMOUNT : 294,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,209,600.00
P & I AMT: 8,144.29 UPB AMT: 1,205,780.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 46
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031759657 MORTGAGORS: CHINN PATRICIA
REGION CODE ADDRESS : 1906 TORREY DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32818
MORTGAGE AMOUNT : 55,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 54,689.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 384.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 53.97400
----------------------------------------------------------------------------
0 0031759715 MORTGAGORS: JACOBS THOMAS
REGION CODE ADDRESS : 18 BRAMLEY HILL ROAD
01 CITY : WINDHAM
STATE/ZIP : NH 03087
MORTGAGE AMOUNT : 403,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,755.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.88671
----------------------------------------------------------------------------
0 0031768211 MORTGAGORS: QUELER SIDNEY
QUELER TERRI
REGION CODE ADDRESS : 58 MORTON STREET
01 CITY : NEEDHAM
STATE/ZIP : MA 02194
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,383.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,890.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.34564
----------------------------------------------------------------------------
0 0031803554 MORTGAGORS: ABREGO RALPH
ABREGO DOLORES
REGION CODE ADDRESS : 2101 BLACK ISLAND STREET UNIT 101
01 CITY : LAS VEGAS
STATE/ZIP : NV 89128
MORTGAGE AMOUNT : 73,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 73,462.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 554.06 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 89.94900
----------------------------------------------------------------------------
0 0031813298 MORTGAGORS: SHIPLEY PHYLLIS
REGION CODE ADDRESS : 4423 KINGS LAKE COURT,
01 CITY : CHATTANOOGA,
STATE/ZIP : TN 37416
MORTGAGE AMOUNT : 81,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 81,216.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 550.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 884,800.00
P & I AMT: 6,135.38 UPB AMT: 882,652.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 47
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031813561 MORTGAGORS: RODRIGUEZ ALBERT
RODRIGUEZ JOANNA
REGION CODE ADDRESS : GREENRIDGE ROAD,
01 CITY : JACKSONVILLE,
STATE/ZIP : FL 32207
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,940.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031813686 MORTGAGORS: JOHNSON ED
JOHNSON MARIA
REGION CODE ADDRESS : 600 HAMIL ROAD
01 CITY : GRIFFIN
STATE/ZIP : GA 30223
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,948.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031813744 MORTGAGORS: LOFINK RAYMOND
LOFINK DIANE
REGION CODE ADDRESS : 923 BROKEN ARROW COVE,
01 CITY : COLLIERVILLE,
STATE/ZIP : TN 38017
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,984.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,858.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.05600
----------------------------------------------------------------------------
0 0031813751 MORTGAGORS: HANSEN ALAN
REGION CODE ADDRESS : 273 HERON LAKE COURT,
01 CITY : LAWRENCEVILLE,
STATE/ZIP : GA 30043
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,460.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,583.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99073
----------------------------------------------------------------------------
0 0031814882 MORTGAGORS: WEINER SCOTT
WEINER LINDA
REGION CODE ADDRESS : 6 WICKS LANE
01 CITY : HEAD OF THE HARBOR
STATE/ZIP : NY 11780
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,653.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,706.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.03448
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,526,000.00
P & I AMT: 10,305.50 UPB AMT: 1,518,987.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 48
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031823776 MORTGAGORS: D'ANGELO VINCENT
D'ANGELO MARY
REGION CODE ADDRESS : 142 SKYLINE DRIVE
01 CITY : MILLINGTON
STATE/ZIP : NJ 07946
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031842982 MORTGAGORS: PENSKY ANDREW
PENSKY BETH
REGION CODE ADDRESS : 19 CROSSBROOK LANE
01 CITY : WEST CALDWELL
STATE/ZIP : NJ 07006
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031847445 MORTGAGORS: HARKLEROAD DAVID
HARKLEROAD ANN
REGION CODE ADDRESS : 850 MERLIN WAY
01 CITY : DEXTER
STATE/ZIP : MI 48130
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 464,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,126.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.31600
----------------------------------------------------------------------------
0 0031855398 MORTGAGORS: ZICCARDI KIM
REGION CODE ADDRESS : 100 WINNE COMAC CIRCLE
01 CITY : KINGS PARK
STATE/ZIP : NY 11754
MORTGAGE AMOUNT : 165,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 164,871.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,125.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 72.36800
----------------------------------------------------------------------------
0 0031857014 MORTGAGORS: WILKIS ELSA
REGION CODE ADDRESS : 321 WEST 78TH STREET #7D
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 150,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,725.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,153.37 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 8.50000 PRODUCT CODE : 250
LTV : 23.80900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,447,000.00
P & I AMT: 9,881.57 UPB AMT: 1,446,596.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 49
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031861784 MORTGAGORS: LAFAVORS WILLIAM
LAFAVORS BARBARA
REGION CODE ADDRESS : 11004 HIDDEN FOX COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 351,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,525.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,399.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031866924 MORTGAGORS: ZIPPERET MARK
ZIPPERET CAROL
REGION CODE ADDRESS : 27143 SUNNYRIDGE ROAD
01 CITY : PALOS VERDES PENNINSULA A
STATE/ZIP : CA 90274
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0031871056 MORTGAGORS: BURNHAM ALBERT
BURNHAM PATRICIA
REGION CODE ADDRESS : 409 SUMMIT DRIVE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 492,947.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,293.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 39.60000
----------------------------------------------------------------------------
0 0031873128 MORTGAGORS: KELLERMAN HILLEL
KELLERMAN RUTH
REGION CODE ADDRESS : 27877 HAMILTAIR DRIVE
01 CITY : LAKE ARROWHEAD
STATE/ZIP : CA 92352
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 46.51100
----------------------------------------------------------------------------
0 0031874225 MORTGAGORS: KEITH LEE
REGION CODE ADDRESS : 141 S. LOMBARD AVENUE
01 CITY : LOMBARD
STATE/ZIP : IL 60149
MORTGAGE AMOUNT : 102,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 102,131.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 749.91 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,949,000.00
P & I AMT: 13,054.21 UPB AMT: 1,945,774.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 50
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031880701 MORTGAGORS: SHI WEI
GAO YUJUN
REGION CODE ADDRESS : 6426 GALWAY DRIVE
01 CITY : CLARKSVILLE
STATE/ZIP : MD 21029
MORTGAGE AMOUNT : 242,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,596.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,595.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031886682 MORTGAGORS: BEAVER ROBERT
REGION CODE ADDRESS : 464 N. HWY 143, #309B
01 CITY : BRIAN HEAD
STATE/ZIP : UT 84719
MORTGAGE AMOUNT : 31,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 31,398.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 236.65 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0031889751 MORTGAGORS: KAHLON ROGELIO
KAHLON ROGELIA
REGION CODE ADDRESS : 486 FULTON COURT,
01 CITY : WEST NEW YORK
STATE/ZIP : NJ 07093
MORTGAGE AMOUNT : 341,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,402.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,418.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.64300
----------------------------------------------------------------------------
0 0031891880 MORTGAGORS: GENTILE DOMINICK
GENTILE CYNTHIA
REGION CODE ADDRESS : 5923 RHODE ISLAND DRIVE
01 CITY : DALE CITY
STATE/ZIP : VA 22193
MORTGAGE AMOUNT : 209,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 208,311.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,374.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98400
----------------------------------------------------------------------------
0 0031892136 MORTGAGORS: ROTHROCK JUDITH
UNGER PHILLIP
REGION CODE ADDRESS : 9 LOGAN COURT
01 CITY : MENDHAM
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,507.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,489.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.26800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,475,150.00
P & I AMT: 10,113.55 UPB AMT: 1,472,215.03
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 51
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031892342 MORTGAGORS: GIROUX MICHAEL
GIROUX LAUREN
REGION CODE ADDRESS : 10206 BUCKMEADOW LANE
01 CITY : DAMASCUS
STATE/ZIP : MD 20872
MORTGAGE AMOUNT : 279,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,720.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0031907959 MORTGAGORS: KAISER GARY
KAISER PATRICIA
REGION CODE ADDRESS : 10126 SPRINGSTONE DRIVE
01 CITY : MCCORDSVILLE
STATE/ZIP : IN 46055
MORTGAGE AMOUNT : 276,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,278.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.75400
----------------------------------------------------------------------------
0 0031908601 MORTGAGORS: WATKINS ROBERT
WATKINS MARLA
REGION CODE ADDRESS : 96 BAYPORT COURT
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,051.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031909161 MORTGAGORS: BRIGHT JOSEPH
BRIGHT BRENDA
REGION CODE ADDRESS : 17753 WESTHAMPTON WOODS DRIVE
01 CITY : WILDWOOD
STATE/ZIP : MO 63005
MORTGAGE AMOUNT : 264,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,828.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,784.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98710
----------------------------------------------------------------------------
0 0031909401 MORTGAGORS: ANDRES JOSHUA
ANDRES EDNA
REGION CODE ADDRESS : 1214 SEASIDE WAY
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,289.48 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 : 75.34200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,456,350.00
P & I AMT: 9,774.34 UPB AMT: 1,452,169.05
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 52
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031909591 MORTGAGORS: MOSQUEDA PAUL
MOSQUEDA DONNA
REGION CODE ADDRESS : 1573 EAST LA QUINTA DRIVE
01 CITY : FRESNO
STATE/ZIP : CA 93720
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,257.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031909716 MORTGAGORS: MURPHY F
REGION CODE ADDRESS : 25 MEYER ROAD
01 CITY : EDISON
STATE/ZIP : NJ 08817
MORTGAGE AMOUNT : 140,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 139,898.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 990.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031909807 MORTGAGORS: WANG MITCHELL
WANG PATRICIA
REGION CODE ADDRESS : 10 VITALE LANE
01 CITY : FOOTHILL RANCH AREA
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,708.33 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 : 93.75000
----------------------------------------------------------------------------
0 0031910334 MORTGAGORS: PETERS JEROME
PETERS BRENDA
REGION CODE ADDRESS : 2945 TIMBER WOOD WAY
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,544.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.53800
----------------------------------------------------------------------------
0 0031911472 MORTGAGORS: PAYNE THOMAS
PAYNE JOANN
REGION CODE ADDRESS : 2471 N. GENEVA TERRACE
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 353,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.78300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,403,500.00
P & I AMT: 9,732.58 UPB AMT: 1,398,408.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 53
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031912082 MORTGAGORS: ESSEX PAUL
ESSEX TARA
REGION CODE ADDRESS : 9 TELURA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,491.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031913007 MORTGAGORS: BUNCH SANDRA
REGION CODE ADDRESS : 3754 SCENIC DRIVE
01 CITY : MOBILE
STATE/ZIP : AL 36605
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,799.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.12700
----------------------------------------------------------------------------
0 0031913122 MORTGAGORS: INGLE RANDALL
INGLE KELLY
REGION CODE ADDRESS : 18801 LAKE PLACID LANE
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 282,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,418.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0031914427 MORTGAGORS: PERRY STANTON
PERRY KELLEY
REGION CODE ADDRESS : 22781 CHANNEL VIEW
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 993,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 992,412.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,944.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 49.65700
----------------------------------------------------------------------------
0 0031914526 MORTGAGORS: FOXMAN ALAN
SWANSON LINDA
REGION CODE ADDRESS : 3 HERITAGE COURT
01 CITY : COLD SPRING HARBOR
STATE/ZIP : NY 11724
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,723.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,242.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.40740
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,121,000.00
P & I AMT: 14,492.29 UPB AMT: 2,116,845.71
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 54
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031915135 MORTGAGORS: REYNOLDS BENJAMIN
DOWNES ROBERT
REGION CODE ADDRESS : 223 FILBERT STREET
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,766.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.07692
----------------------------------------------------------------------------
0 0031915374 MORTGAGORS: AZAR MOHAMMAD
AZAR MOHAMMAD
REGION CODE ADDRESS : 7 TIOGA PLACE
01 CITY : IRVINE
STATE/ZIP : CA 92602
MORTGAGE AMOUNT : 256,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,381.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.98700
----------------------------------------------------------------------------
0 0031915820 MORTGAGORS: LUTTRELL HEATHER
REGION CODE ADDRESS : 1565 MCALLISTER STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,196.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917735 MORTGAGORS: BARCLAY BRADFORD
BARCLAY CHRISTINE
REGION CODE ADDRESS : 1671 SIERRA ALTA DRIVE
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,526.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.70900
----------------------------------------------------------------------------
0 0031917859 MORTGAGORS: BARNES WAYNE
PARDINAS-BARNES PATRICIA
REGION CODE ADDRESS : 496 SANTA CECELIA
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,293.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,860.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.78500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,483,300.00
P & I AMT: 9,999.76 UPB AMT: 1,480,165.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 55
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031919533 MORTGAGORS: KEFALAS JAY
KEFALAS CAROLYN
REGION CODE ADDRESS : 3052 LEES AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 206,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 206,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,459.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0031920283 MORTGAGORS: FONG CLARK
YEE MARIA
REGION CODE ADDRESS : 1622 28TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,172.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031921026 MORTGAGORS: LANE PETER
BORNEMEIER BARBARA
REGION CODE ADDRESS : 50 JERSEY STREET
01 CITY : DENVER
STATE/ZIP : CO 80220
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,746.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.26800
----------------------------------------------------------------------------
0 0031921935 MORTGAGORS: ASHOO HAITHAM
REGION CODE ADDRESS : 1531 ALAMO WAY
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 584,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 583,759.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,838.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031922057 MORTGAGORS: PANNUNZIO JAMES
REGION CODE ADDRESS : 630 DEBORAH DRIVE
01 CITY : FRANKLIN TOWNSHIP
STATE/ZIP : OH 44319
MORTGAGE AMOUNT : 102,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 102,540.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 807.16 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.75000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,465,500.00
P & I AMT: 9,865.36 UPB AMT: 1,464,469.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 56
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031922735 MORTGAGORS: KATES LARRY
REGION CODE ADDRESS : 958 WAVERLY HEIGHTS DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,475.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.55500
----------------------------------------------------------------------------
0 0031922859 MORTGAGORS: MURRAY-DEIDRICK MARIA
REGION CODE ADDRESS : 11500 NW 6TH STREET
01 CITY : PLANTATION
STATE/ZIP : FL 33325
MORTGAGE AMOUNT : 296,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,552.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,020.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031923816 MORTGAGORS: PEARL JEFFREY
PEARL ERIKA
REGION CODE ADDRESS : 26654 SE 18TH STREET
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 366,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,147.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,440.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031924186 MORTGAGORS: HANDLER SCOTT
LARSON MARION
REGION CODE ADDRESS : 11 MATTHEW LANE
01 CITY : STERLING
STATE/ZIP : MA 01564
MORTGAGE AMOUNT : 291,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,405.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.78082
----------------------------------------------------------------------------
0 0031924772 MORTGAGORS: WACHS GARY
REGION CODE ADDRESS : 37469 GLENGROVE
01 CITY : FARMINGTON HILLS
STATE/ZIP : MI 48331
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,566.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,520,600.00
P & I AMT: 10,143.52 UPB AMT: 1,516,146.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 57
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031925076 MORTGAGORS: DEMOS MARIA
REGION CODE ADDRESS : 33 THOROUGHBRED DRIVE
01 CITY : BRANCHBURG
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 304,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,103.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031925589 MORTGAGORS: LOFTIS G.
LOFTIS RANELLE
REGION CODE ADDRESS : 10920 EATONVILLE HWY,
01 CITY : EATONVILLE
STATE/ZIP : WA 93828
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,532.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031925951 MORTGAGORS: MOAZZAM M
HABIBIAN MINA
REGION CODE ADDRESS : 3845 BANFIELD LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 359,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,882.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,243.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 79.99012
----------------------------------------------------------------------------
0 0031927080 MORTGAGORS: SCHNEPPER DAVID
KUSEL NORMA
REGION CODE ADDRESS : 15752 KAVIN LANE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,755.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 35.51200
----------------------------------------------------------------------------
0 0031927585 MORTGAGORS: HEINE WALTER
REGION CODE ADDRESS : 22414 RAMONA COURT
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 311,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,248.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 43.91500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,511,600.00
P & I AMT: 9,816.18 UPB AMT: 1,509,918.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 58
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031928245 MORTGAGORS: ARORA ARUN
ARORA ELIZABETH
REGION CODE ADDRESS : 819 HAIGHT STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 562,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 562,082.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,933.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031930423 MORTGAGORS: STERN RONALD
STERN BETH
REGION CODE ADDRESS : 514 MAITLAND AVENUE
01 CITY : TEANECK
STATE/ZIP : NJ 07666
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,058.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 40.28197
----------------------------------------------------------------------------
0 0031932064 MORTGAGORS: HENCH JOHN
HENCH PAMELA
REGION CODE ADDRESS : LOTS 7 & 8 MARTIN HILLS,
01 CITY : HILLSBOROUGH
STATE/ZIP : NC 27278
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,629.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,689.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.69600
----------------------------------------------------------------------------
0 0031932254 MORTGAGORS: ABRIL NORBERT
REGION CODE ADDRESS : 1838 SEA VISTA PLACE
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,257.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 93.77900
----------------------------------------------------------------------------
0 0031933278 MORTGAGORS: FORGUE WESLEY
FORGUE JANET
REGION CODE ADDRESS : 2060 WINGATE DRIVE
01 CITY : POWELL
STATE/ZIP : OH 43065
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,957.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,379.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.18700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,332,500.00
P & I AMT: 15,726.18 UPB AMT: 2,328,985.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 59
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031933468 MORTGAGORS: RADSTROM RON
RADSTROM YOSHIMI
REGION CODE ADDRESS : 2311 LIVE OAK MEADOWS ROAD
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,661.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 49.79100
----------------------------------------------------------------------------
0 0031933781 MORTGAGORS: BUTLER JOHN
MARJORAM BUTLER JENNIFER
REGION CODE ADDRESS : 8542 E HEATHERVIEW LANE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 267,236.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,796.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031936099 MORTGAGORS: BLAKE MATTHEW
BLAKE ROSA
REGION CODE ADDRESS : 159 CHURCH PLACE
01 CITY : IRVINE
STATE/ZIP : CA 92602
MORTGAGE AMOUNT : 273,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,205.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98700
----------------------------------------------------------------------------
0 0031936537 MORTGAGORS: CHECK KENNETH
CHECK ALICE
REGION CODE ADDRESS : 379 PHOTINIA LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 395,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,811.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,764.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.31400
----------------------------------------------------------------------------
0 0031936776 MORTGAGORS: YOUNG KAREN
REGION CODE ADDRESS : 13807 ROCKINGHAM ROAD
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 277,860.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,120.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,453,346.00
P & I AMT: 9,902.16 UPB AMT: 1,450,595.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 60
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031937790 MORTGAGORS: ROFEL LISA
TREVISAN GRACIELA
REGION CODE ADDRESS : 51 BRADFORD STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 296,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,613.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031937808 MORTGAGORS: GARDNER NED
GARDNER MONICA
REGION CODE ADDRESS : 22615 MIRANDA STREET
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,421.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.42372
----------------------------------------------------------------------------
0 0031937857 MORTGAGORS: DOBBS STEVEN
DOBBS PILAR
REGION CODE ADDRESS : 4254 CHESTNUT AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90807
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,265.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------------------
0 0031938426 MORTGAGORS: WALTER WILLIAM
WALTER KATHLEEN
REGION CODE ADDRESS : 3961 STRICKLAND MINE ROAD
01 CITY : PLACERVILLE
STATE/ZIP : CA 95667
MORTGAGE AMOUNT : 254,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,921.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.24600
----------------------------------------------------------------------------
0 0031938616 MORTGAGORS: PITTMAN THOMAS
CLOSSON-PITTMAN TERESA
REGION CODE ADDRESS : 225 MONROE PLACE
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,937.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,403,400.00
P & I AMT: 9,461.59 UPB AMT: 1,400,158.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 61
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031938749 MORTGAGORS: FIRENZE KARIN
TESSENDORFF CRAIG
REGION CODE ADDRESS : 823 CORDILLERAS AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,571.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.32500
----------------------------------------------------------------------------
0 0031938764 MORTGAGORS: JUAREZ DOLORES
JUAREZ JIMY
REGION CODE ADDRESS : 2801 VALLEY VIEW ROAD
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 280,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,078.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------------------
0 0031938939 MORTGAGORS: TAYEK JOHN
REGION CODE ADDRESS : 32 PONY LANE
01 CITY : ROLLING HILLS ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,196.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,110.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031939655 MORTGAGORS: KAPLAN ROBERT
KAPLAN SUSAN
REGION CODE ADDRESS : 11336 BASKERVILLE ROAD
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 461,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,812.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,029.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.79200
----------------------------------------------------------------------------
0 0031940786 MORTGAGORS: GETCHELL ADAM
GETCHELL BARBARA
REGION CODE ADDRESS : 6 STERN STREET
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,157.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,703,550.00
P & I AMT: 11,321.49 UPB AMT: 1,698,816.72
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 62
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031940844 MORTGAGORS: SULLIVAN DENNIS
SULLIVAN MICHELLE
REGION CODE ADDRESS : 1315 11TH COURT SW,
01 CITY : NORTH BEND
STATE/ZIP : WA 98045
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,307.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.83800
----------------------------------------------------------------------------
0 0031941537 MORTGAGORS: LODUCA CHARLES
LODUCA MAXINE
REGION CODE ADDRESS : 57-59 HARVARD STREET
01 CITY : MALDEN
STATE/ZIP : MA 02148
MORTGAGE AMOUNT : 87,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 86,943.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 645.97 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.12500 PRODUCT CODE : 250
LTV : 35.51000
----------------------------------------------------------------------------
0 0031942105 MORTGAGORS: TSUGAWA LESLIE
TSUGAWA LISA
REGION CODE ADDRESS : 2121 ALGAROBA STREET, #905
01 CITY : HONOLULU
STATE/ZIP : HI 96826
MORTGAGE AMOUNT : 50,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 49,959.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 332.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 38.16700
----------------------------------------------------------------------------
0 0031943087 MORTGAGORS: IZQUIERDO LUIS
IZQUIERDO VICKI
REGION CODE ADDRESS : 2854 EAST APPALACHIAN COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 261,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,330.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.78500
----------------------------------------------------------------------------
0 0031943731 MORTGAGORS: WILCOX STEVE
WILCOX ANNE
REGION CODE ADDRESS : 3 CENTAURUS WAY
01 CITY : COTO DE CAZA AREA
STATE/ZIP : CA 92679
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.49500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 992,750.00
P & I AMT: 6,718.47 UPB AMT: 991,287.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 63
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031943913 MORTGAGORS: MUNICH JOHN
MUNICH CINDY
REGION CODE ADDRESS : 2109 STILLWATER POINT CT,
01 CITY : CHESTERFIELD,
STATE/ZIP : MO 63005
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031943947 MORTGAGORS: PAGE ROBERT
PAGE SHEILA
REGION CODE ADDRESS : 5495 VIA DIANZA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92687
MORTGAGE AMOUNT : 346,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,630.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 86.55000
----------------------------------------------------------------------------
0 0031943988 MORTGAGORS: HINSEN GREI
REGION CODE ADDRESS : 1138 CRATER HILL DRIVE
01 CITY : NASHVILLE
STATE/ZIP : TN 37215
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,613.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,140.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031944143 MORTGAGORS: MC CULLOUGH JERRY
MC CULLOUGH MAGGIE
REGION CODE ADDRESS : 15 COBBLE CREEK RD.
01 CITY : VICTOR
STATE/ZIP : NY 14564
MORTGAGE AMOUNT : 421,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,403.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,016.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.24700
----------------------------------------------------------------------------
0 0031945561 MORTGAGORS: ZOECKLER CRAIG
REGION CODE ADDRESS : 7128 36TH AVENUE NORTH
01 CITY : ST PETERSBURG
STATE/ZIP : FL 33710
MORTGAGE AMOUNT : 55,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 55,079.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 390.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,630,400.00
P & I AMT: 11,114.00 UPB AMT: 1,628,727.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 64
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031946064 MORTGAGORS: BARANCHO JOHN
BARANCHO ALLISON
REGION CODE ADDRESS : 237 ARDMORE AVENUE,
01 CITY : HERMOSA BEACH,
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,533.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 55.10200
----------------------------------------------------------------------------
0 0031947062 MORTGAGORS: CRONIN WILLIAM
CRONIN EILEEN
REGION CODE ADDRESS : 34 SUMMIT TERRACE
01 CITY : DOBBS FERRY
STATE/ZIP : NY 10522
MORTGAGE AMOUNT : 342,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,886.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.64600
----------------------------------------------------------------------------
0 0031947229 MORTGAGORS: ROUNSAVELLE RICHARD
WAGNER KRISTEN
REGION CODE ADDRESS : 5625 VIA DEL COLLADO
01 CITY : TORRANCE
STATE/ZIP : CA 52727
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,379.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,607.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.62100
----------------------------------------------------------------------------
0 0031947856 MORTGAGORS: BROCK STANLEY
BROCK MARGARET
REGION CODE ADDRESS : 27022 MARBELLA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,510.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.50000
----------------------------------------------------------------------------
0 0031948599 MORTGAGORS: SWANSON LEE
SWANSON KATHLEEN
REGION CODE ADDRESS : 568 HIGH DRIVE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 498,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,917.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,193.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 71.25700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,796,250.00
P & I AMT: 11,813.33 UPB AMT: 1,793,227.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 65
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031948706 MORTGAGORS: BURTON JOHN
BURTON STEPHANIE
REGION CODE ADDRESS : 28831 AVENIDA DEL CABALLO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,154.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.76100
----------------------------------------------------------------------------
0 0031949399 MORTGAGORS: PETSINGER MICHAEL
PETSINGER MARIBELLE
REGION CODE ADDRESS : 782 WEST HONEYSUCKLE DRIVE
01 CITY : CHANDLER
STATE/ZIP : AZ 85248
MORTGAGE AMOUNT : 261,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,485.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99700
----------------------------------------------------------------------------
0 0031949548 MORTGAGORS: ROBERTO RONALD
ROBERTO MARY
REGION CODE ADDRESS : 63 THUNDERHEAD PLACE
01 CITY : MAHWAH TOWNSHIP
STATE/ZIP : NJ 07430
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 66.38600
----------------------------------------------------------------------------
0 0031949753 MORTGAGORS: ROBINSON KAREN
STAPPENBECK DAVID
REGION CODE ADDRESS : 659 JERSEY AVENUE
01 CITY : JERSEY CITY
STATE/ZIP : NJ 07302
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,314.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,632.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031950983 MORTGAGORS: FITZMAURICE ROBERT
FITZMAURICE SONYA
REGION CODE ADDRESS : 579 SCARANGELLA COURT
01 CITY : RIVER VALE
STATE/ZIP : NJ 07675
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,494,050.00
P & I AMT: 9,942.18 UPB AMT: 1,492,154.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 66
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031952252 MORTGAGORS: PAPE EDWARD
PAPE KIM
REGION CODE ADDRESS : 22546 LEMON STREET
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 249,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,687.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,679.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031952310 MORTGAGORS: HERNANDEZ MARTIN
HERNANDEZ SANDRA
REGION CODE ADDRESS : 210 COASTLINE DRIVE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,337.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.64800
----------------------------------------------------------------------------
0 0031952328 MORTGAGORS: AMIRIEH MORAD
AMIRIEH GUITA
REGION CODE ADDRESS : 3835 SAPPHIRE DRIVE
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,911.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,927.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.69600
----------------------------------------------------------------------------
0 0031952674 MORTGAGORS: NICKEL ROBERT
NICKEL RITA
REGION CODE ADDRESS : 356 WOOD ROSE COURT
01 CITY : WINDSOR
STATE/ZIP : CA 95492
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,773.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.26087
----------------------------------------------------------------------------
0 0031953631 MORTGAGORS: MONROE JERRY
MONROE VIVIAN
REGION CODE ADDRESS : 31597 TABLE ROCK
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 1,500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,495,874.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 10,232.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 68.33700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,713,300.00
P & I AMT: 18,260.73 UPB AMT: 2,706,584.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 67
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031953854 MORTGAGORS: HOLLIMAN RONALD
REGION CODE ADDRESS : 2001 NORTH SYCAMORE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 316,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,066.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,079.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.28900
----------------------------------------------------------------------------
0 0031954050 MORTGAGORS: AFFINITO MICHAEL
AFFINITO ELAINE
REGION CODE ADDRESS : 2426 SIMPSON
01 CITY : EVANSTON
STATE/ZIP : IL 60201
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.77700
----------------------------------------------------------------------------
0 0031954118 MORTGAGORS: LLOYD WILLIAM
TRACEY LIZANNE
REGION CODE ADDRESS : 464 20TH STREET
01 CITY : AVALON
STATE/ZIP : NJ 08202
MORTGAGE AMOUNT : 298,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,178.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,086.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031955156 MORTGAGORS: NORD GARY
NORD CYNTHIA
REGION CODE ADDRESS : 781 RUEDA AVENUE
01 CITY : BIG BEAR LAKE
STATE/ZIP : CA 92315
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,188.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031955339 MORTGAGORS: CARLSON GLENN
CARLSON BEVERLY
REGION CODE ADDRESS : 25359 GOLD HILLS DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,695.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,474.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,715,000.00
P & I AMT: 11,586.14 UPB AMT: 1,713,128.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 68
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031955578 MORTGAGORS: BAUR STEVEN
VON BERNEWITZ CARLA ANNE
REGION CODE ADDRESS : 2522 NORTH 24TH STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031955610 MORTGAGORS: MAGALLANES RUBEN
MAGALLANES ISABEL
REGION CODE ADDRESS : 746 EAST 1ST AVENUE, UNITS 1-4,
01 CITY : MESA
STATE/ZIP : AZ 85204
MORTGAGE AMOUNT : 108,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 107,932.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 820.88 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.37500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031955925 MORTGAGORS: CHAVEZ JOSE
REGION CODE ADDRESS : 4830 SOUTH HONORE
01 CITY : CHICAGO
STATE/ZIP : IL 60609
MORTGAGE AMOUNT : 67,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 67,370.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 523.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/19
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 84.37500
----------------------------------------------------------------------------
0 0031956113 MORTGAGORS: NGUYEN JEFF
NGUYEN CHRISTINE
REGION CODE ADDRESS : 23 GREENPARK TERRACE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 431,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,537.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.99400
----------------------------------------------------------------------------
0 0031956261 MORTGAGORS: STACK GINA
REGION CODE ADDRESS : 3682 BERRYFIELD COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 339,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,634.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,318.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,267,300.00
P & I AMT: 8,656.11 UPB AMT: 1,266,219.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 69
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031956568 MORTGAGORS: HICKEY JOHN
HICKEY CLAUDIA
REGION CODE ADDRESS : 13623 RYTON RIDGE LANE
01 CITY : GAINESVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 276,013.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,781.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99982
----------------------------------------------------------------------------
0 0031956691 MORTGAGORS: BRULE' PIERRE
ANDERSON-BRULE' PAMELA
REGION CODE ADDRESS : 1676 FAIRWOOD AVE.
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,430.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031957053 MORTGAGORS: FRASER CHRISTIE
RIPPLE EDWARD
REGION CODE ADDRESS : 365 BRETANO WAY
01 CITY : GREENBRAE
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,440.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.20000
----------------------------------------------------------------------------
0 0031957327 MORTGAGORS: DOUGLAS ELEANOR
REGION CODE ADDRESS : 5 NURSERY COURT
01 CITY : NORWALK
STATE/ZIP : CT 06850
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,766.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.35200
----------------------------------------------------------------------------
0 0031957426 MORTGAGORS: TAYLOR PAMELA
REGION CODE ADDRESS : 5000 SOUTH SUNNYMEADE CIRCLE
01 CITY : SIOUX FALLS
STATE/ZIP : SD 57108
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,326.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,706,013.00
P & I AMT: 11,588.27 UPB AMT: 1,703,745.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 70
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031957699 MORTGAGORS: CARUSO FRANK
CARUSO NANCY
REGION CODE ADDRESS : 120 RIDGEDALE AVENUE
01 CITY : FLORHAM PARK
STATE/ZIP : NJ 07932
MORTGAGE AMOUNT : 205,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 205,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,468.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 59.42000
----------------------------------------------------------------------------
0 0031957889 MORTGAGORS: MARQUEZ RONALD
REGION CODE ADDRESS : 102 RED SHALE COURT
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,344.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.25000
----------------------------------------------------------------------------
0 0031958135 MORTGAGORS: LOPIN CHRIS
LOPIN LORI
REGION CODE ADDRESS : 236 BUTTERFIELD ROAD
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.66600
----------------------------------------------------------------------------
0 0031958184 MORTGAGORS: LOWE JOHN
LOWE DOROTHY
REGION CODE ADDRESS : 3739 APPIAN STREET
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,460.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031958424 MORTGAGORS: ATIEH ZAID
SEIKALY LANA
REGION CODE ADDRESS : 307 NORTHEAST 151ST STREET,
01 CITY : SHORELINE,
STATE/ZIP : WA 98155
MORTGAGE AMOUNT : 142,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 142,388.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 972.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.51200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,272,500.00
P & I AMT: 8,654.28 UPB AMT: 1,270,675.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 71
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031958499 MORTGAGORS: SWANSEY EDWARD
SWANSEY PAULA
REGION CODE ADDRESS : 12507 INVERNESS DRIVE
01 CITY : CHESTER
STATE/ZIP : VA 23836
MORTGAGE AMOUNT : 276,547.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,308.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------------------
0 0031958846 MORTGAGORS: REHM BRIAN
REHM MARION
REGION CODE ADDRESS : 1491 LAS BRISAS DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 251,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,225.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031959513 MORTGAGORS: ROMANO C.
ROMANO PATRICIA
REGION CODE ADDRESS : 3 POND VIEW LANE
01 CITY : TITUSVILLE
STATE/ZIP : NJ 08560
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,758.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.33300
----------------------------------------------------------------------------
0 0031959653 MORTGAGORS: GOLDMAN JEFFREY
REGION CODE ADDRESS : 10 OLYMPIC LANE
01 CITY : NORTH ANDOVER
STATE/ZIP : MA 01845
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031959661 MORTGAGORS: RHODES TRAVIS
RHODES RACHEL
REGION CODE ADDRESS : 182 ELM STREET
01 CITY : EASTON
STATE/ZIP : MA 02356
MORTGAGE AMOUNT : 350,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,058.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,539.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.97400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,734,447.00
P & I AMT: 12,200.78 UPB AMT: 1,733,593.21
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 72
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031960008 MORTGAGORS: LANDIS JEFFREY
LANDIS GRETA
REGION CODE ADDRESS : 1328 SOUTH FEDERAL STREET #P
01 CITY : CHICAGO
STATE/ZIP : IL 60605
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031960289 MORTGAGORS: MACISAAC DONALD
MACISAAC SOONTAREE
REGION CODE ADDRESS : 8-10 EDWIN STREET
01 CITY : BARRINGTON
STATE/ZIP : RI 02806
MORTGAGE AMOUNT : 90,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 90,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 660.38 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 56.25000
----------------------------------------------------------------------------
0 0031960412 MORTGAGORS: GUENTHNER DENNIS
REGION CODE ADDRESS : 22 ROSLYN ROAD
01 CITY : LAKE CARMEL
STATE/ZIP : NY 10512
MORTGAGE AMOUNT : 112,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 111,916.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 783.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031960669 MORTGAGORS: RUSSO LINDA
REGION CODE ADDRESS : 30 PUEBLO COURT
01 CITY : MARLBORO
STATE/ZIP : NJ 07745
MORTGAGE AMOUNT : 247,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,216.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 79.98965
----------------------------------------------------------------------------
0 0031960842 MORTGAGORS: LEVIN STEVEN
LEVIN HEIDI
REGION CODE ADDRESS : 5528 NW 79 WAY
01 CITY : PARKLAND
STATE/ZIP : FL 33067
MORTGAGE AMOUNT : 313,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,055.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.02700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,050,700.00
P & I AMT: 7,299.77 UPB AMT: 1,050,188.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 73
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031961923 MORTGAGORS: MARSALA GASPER
REGION CODE ADDRESS : 317 BEACON ST UNIT 4
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 177,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 176,765.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,386.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/19
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0031962111 MORTGAGORS: EBY WAYNE
EBY WENDY
REGION CODE ADDRESS : 224 TOWN AND COUNTRY DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,411.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 46.76800
----------------------------------------------------------------------------
0 0031962137 MORTGAGORS: JETELINA IVO
JETELINA IMELDA
REGION CODE ADDRESS : 1256 MONTCOURSE LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 364,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,999.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,363.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.22800
----------------------------------------------------------------------------
0 0031962350 MORTGAGORS: GARDNER JAMES
REGION CODE ADDRESS : 5689 BRAVO TORO LANE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95401
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,753.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 43.23500
----------------------------------------------------------------------------
0 0031963176 MORTGAGORS: SALAMA FRANCE
SALAMA NEVINE
REGION CODE ADDRESS : 5729 WHITECLIFF DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,659.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.70900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,505,550.00
P & I AMT: 10,142.88 UPB AMT: 1,502,588.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 74
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031963291 MORTGAGORS: BELINSKY PETER
BELINSKY GABRIELA
REGION CODE ADDRESS : 18682 BEN LOMOND LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,610.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031963507 MORTGAGORS: SCHNEEMAN ERIC
SCHNEEMAN KATHY
REGION CODE ADDRESS : 868 BLUFF CIRCLE
01 CITY : MENDOTA HEIGHTS
STATE/ZIP : MN 55118
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,641.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031964166 MORTGAGORS: ARBUCKLE BARRY
ARBUCKLE GINA
REGION CODE ADDRESS : 25162 FAIRGREEN
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,553.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031964216 MORTGAGORS: ROBINSON LONNIE
ROBINSON ANNA
REGION CODE ADDRESS : 5352 FAIRWEATHER COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 349,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,977.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,382.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0031964257 MORTGAGORS: VECCHIA PHYLLIS
REGION CODE ADDRESS : 231 119TH STREET
01 CITY : STONE HARBOR
STATE/ZIP : NJ 08247
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,633.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,206.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.93197
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,847,250.00
P & I AMT: 12,721.28 UPB AMT: 1,845,416.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 75
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031964265 MORTGAGORS: ABRAMOWICZ DAVID
ABRAMOWICZ DEBORAH
REGION CODE ADDRESS : 26 ALLENBY DR.
01 CITY : FORT SALONGA
STATE/ZIP : NY 11768
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 61.90400
----------------------------------------------------------------------------
0 0031964356 MORTGAGORS: HAFT ALAN
HAFT STACEY
REGION CODE ADDRESS : 1731 SOUTH CANFIELD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,694.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,391.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.53200
----------------------------------------------------------------------------
0 0031964398 MORTGAGORS: NORMAN WILLIAM
NORMAN DE ANNA
REGION CODE ADDRESS : 11045 NEW AVENUE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 377,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,282.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,480.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031964604 MORTGAGORS: SINGER STEVEN
SINGER LAURIE
REGION CODE ADDRESS : 68 WARDELL DRIVE
01 CITY : NEW CANAAN
STATE/ZIP : CT 06840
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031964687 MORTGAGORS: COUSART MELISSA
REGION CODE ADDRESS : 34335 PLATINUM TERRACE
01 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,279.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.91600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,664,100.00
P & I AMT: 11,019.71 UPB AMT: 1,662,722.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 76
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031965296 MORTGAGORS: BOIES SUSAN
REGION CODE ADDRESS : 1100 JOHN STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,491.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.74100
----------------------------------------------------------------------------
0 0031965361 MORTGAGORS: CAMPHOUSE JOHN
CAMPHOUSE ERIN
REGION CODE ADDRESS : 5166 FINEHILL AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,504.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.36300
----------------------------------------------------------------------------
0 0031965585 MORTGAGORS: ROBINSON DARYL
ROBINSON WENDOLYN
REGION CODE ADDRESS : 10101 EL CAPITAN DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,062.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.85700
----------------------------------------------------------------------------
0 0031965767 MORTGAGORS: COYNE THOMAS
COYNE RUTH
REGION CODE ADDRESS : 860 CALLE SANTA CRUZ
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,573.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,867.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.77800
----------------------------------------------------------------------------
0 0031965973 MORTGAGORS: COFFIN PETER
COFFIN MARIANNE
REGION CODE ADDRESS : 71 WEST LANE
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,710,500.00
P & I AMT: 11,615.21 UPB AMT: 1,708,632.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 77
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031966013 MORTGAGORS: BONECUTTER JOHN
BONECUTTER TINA
REGION CODE ADDRESS : 10 TIGUA COURT
01 CITY : SANDIA PARK
STATE/ZIP : NM 87047
MORTGAGE AMOUNT : 325,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,339.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,193.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031966021 MORTGAGORS: GOLDSMITH CARL
REGION CODE ADDRESS : 2539 BRICKFIELD COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
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 : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 48.00900
----------------------------------------------------------------------------
0 0031966278 MORTGAGORS: WOODLOCK DONALD
WOODLOCK AGNES
REGION CODE ADDRESS : 57 WHITNEY AVENUE
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.37500
----------------------------------------------------------------------------
0 0031966492 MORTGAGORS: WINSTANLEY CARTER
WINSTANLEY MELISSA
REGION CODE ADDRESS : 363 BARRETTS MILL ROAD
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,242.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.24000
----------------------------------------------------------------------------
0 0031966542 MORTGAGORS: KALISH LOUIS
KALISH BETTY
REGION CODE ADDRESS : 2005 WINSTED WAY
01 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 384,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,877.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,523.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,875,300.00
P & I AMT: 12,388.68 UPB AMT: 1,874,372.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 78
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031966773 MORTGAGORS: MUNRO STEVE
MUNRO JOANNE
REGION CODE ADDRESS : 421 SOUTH OAK GROVE CIRCLE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 286,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,325.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,908.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031966781 MORTGAGORS: STURMAN PEGGY
STURMAN DONALD
REGION CODE ADDRESS : 5611 DOORN LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,646.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031966849 MORTGAGORS: KORAN GREGORY
KORAN EDITH
REGION CODE ADDRESS : 1194 TRES NINOS CORTE
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,766.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031967201 MORTGAGORS: CITRENBAUM DANIEL
RAPKIN RANDI
REGION CODE ADDRESS : 40 DERWEN ROAD
01 CITY : BALA CYNWYD
STATE/ZIP : PA 19004
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,035.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.00000
----------------------------------------------------------------------------
0 0031967243 MORTGAGORS: WARMINGTON ERIN
REGION CODE ADDRESS : 411 POINSETTIA AVENUE
01 CITY : CORONA DEL MAR
STATE/ZIP : CA 92660
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.82900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,483,900.00
P & I AMT: 10,084.50 UPB AMT: 1,482,190.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 79
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031967367 MORTGAGORS: JEE DAN
JEE LUCY
REGION CODE ADDRESS : 718 TIFFANY TERRACE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,745.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.86900
----------------------------------------------------------------------------
0 0031967631 MORTGAGORS: GNUTTI RONALD
GNUTTI ELSA
REGION CODE ADDRESS : 5 SHADY LAWN DRIVE
01 CITY : BOROUGH OF MADISON
STATE/ZIP : NJ 07940
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.48500
----------------------------------------------------------------------------
0 0031967722 MORTGAGORS: BORUKHOV EDWARD
BORUKHOV JANET
REGION CODE ADDRESS : 6 GREAT MEADOW ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02459
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,621.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 55.55500
----------------------------------------------------------------------------
0 0031967854 MORTGAGORS: LEHRMAN LAWRENCE
LEHRMAN LISA
REGION CODE ADDRESS : 88 PRINCETON OVAL
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 258,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,598.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.93700
----------------------------------------------------------------------------
0 0031967946 MORTGAGORS: KEEFE TIMOTHY
KEEFE NORA
REGION CODE ADDRESS : 8 RALEIGH ROAD
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 466,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,139.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.56000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,565,800.00
P & I AMT: 10,558.17 UPB AMT: 1,565,343.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 80
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031967961 MORTGAGORS: LUKAS KRISTINA
LUKAS KEVIN
REGION CODE ADDRESS : 30 GREENWOOD LANE
01 CITY : WALTHAM
STATE/ZIP : MA 02451
MORTGAGE AMOUNT : 274,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,870.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.12000
----------------------------------------------------------------------------
0 0031968001 MORTGAGORS: THOMPSON JAMES
THOMPSON JANE
REGION CODE ADDRESS : 12 PROSPECT STREET
01 CITY : WINCHESTER
STATE/ZIP : MA 01890
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.17100
----------------------------------------------------------------------------
0 0031968035 MORTGAGORS: HEDMAN ERIC
HEDMAN JUDITH
REGION CODE ADDRESS : 31 BRACKETT STREET
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 264,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,693.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.66200
----------------------------------------------------------------------------
0 0031968217 MORTGAGORS: REDLICH ROY
REDLICH JENNIFER
REGION CODE ADDRESS : 503 CENTRAL AVENUE
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,528.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.88600
----------------------------------------------------------------------------
0 0031968266 MORTGAGORS: GOOD KEITH
GOOD DENISE
REGION CODE ADDRESS : 615 -617 8TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 416,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,473.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,843.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,735,900.00
P & I AMT: 11,728.93 UPB AMT: 1,734,895.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 81
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031968415 MORTGAGORS: MINAHAN CHRISTINE
REGION CODE ADDRESS : 11444 HARRISBURG ROAD
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.23900
----------------------------------------------------------------------------
0 0031968670 MORTGAGORS: MILLER MICHAEL
REGION CODE ADDRESS : 233 ENGINEHOUSE CIRCLE
01 CITY : GLENBROOK
STATE/ZIP : NV 89413
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,963.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,891.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031968720 MORTGAGORS: REINERT SANDRA
REGION CODE ADDRESS : 16 HOWARD STREET
01 CITY : BABYLON
STATE/ZIP : NY 11702
MORTGAGE AMOUNT : 171,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 171,250.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,213.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0031968811 MORTGAGORS: BANKS JULIE
REGION CODE ADDRESS : 5175 KELLER RIDGE DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,726.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,222.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.40300
----------------------------------------------------------------------------
0 0031969181 MORTGAGORS: RUSSELL CLAUDIA
KELLEY BRIAN
REGION CODE ADDRESS : 385 RIDGE AVENUE
01 CITY : WINNETKA
STATE/ZIP : IL 60093
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,665,500.00
P & I AMT: 11,078.52 UPB AMT: 1,663,727.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 82
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031969413 MORTGAGORS: HYSON ROBERT
HYSON BARBARA
REGION CODE ADDRESS : 4278 SAYOKO CIRCLE,
01 CITY : SAN JOSE,
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,042.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031969751 MORTGAGORS: RAWLS DEBORAH
REGION CODE ADDRESS : 1720 LOVETTS POND LANE
01 CITY : VIRGINIA BEACH
STATE/ZIP : VA 23454
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,772.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.44100
----------------------------------------------------------------------------
0 0031970171 MORTGAGORS: MUNIN ROBERT
MUNIN KAREN
REGION CODE ADDRESS : 26 CEDAR MEADOW LANE
01 CITY : MEDIA
STATE/ZIP : PA 19063
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031970338 MORTGAGORS: BABOOMIAN EDWIN
BABOOMIAN MARAL
REGION CODE ADDRESS : 1541 WEST KENNETH ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91201
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031970437 MORTGAGORS: SCHUEPBACH CHRISTOPHER
SCHUEPBACH NANCY
REGION CODE ADDRESS : 90 TAMALPAIS ROAD
01 CITY : FAIRFAX
STATE/ZIP : CA 94930
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,021.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.66600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,466,000.00
P & I AMT: 9,848.07 UPB AMT: 1,464,636.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 83
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031970452 MORTGAGORS: ALEXANDER JOHN
LASALA CHRISTINE
REGION CODE ADDRESS : 35 HIGH RIDGE HOLLOW
01 CITY : AVON
STATE/ZIP : CT 06001
MORTGAGE AMOUNT : 321,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,164.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031970577 MORTGAGORS: KRIMPER RONALD
PEITZMAN FAYE
REGION CODE ADDRESS : 530 NORTH LAUREL CIRLCE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------------------
0 0031970759 MORTGAGORS: HU QI
CHENG HUA
REGION CODE ADDRESS : 1 MILLPOND COURT
01 CITY : RANDOLPH
STATE/ZIP : NJ 07869
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031970841 MORTGAGORS: HUDSON DANIEL
HUDSON ANNABELLE
REGION CODE ADDRESS : 101 DANIEL DRIVE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,157.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.74000
----------------------------------------------------------------------------
0 0031970932 MORTGAGORS: BOHN MARC
BOHN CAROLINE
REGION CODE ADDRESS : 31 HANCOCK STREET
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.65800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,946,300.00
P & I AMT: 12,963.49 UPB AMT: 1,944,961.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 84
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031971021 MORTGAGORS: HAHN STEPHEN
HAHN LOTA
REGION CODE ADDRESS : 21 SWEETBRIAR LANE
01 CITY : GLEN MILLS
STATE/ZIP : PA 19342
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031971096 MORTGAGORS: FRANCE SCOTT
FRANCE KITTIE
REGION CODE ADDRESS : 118 KORTNEY DRIVE
01 CITY : ALEDO
STATE/ZIP : TX 76087
MORTGAGE AMOUNT : 405,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,467.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,699.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031971138 MORTGAGORS: GROGAN RICHARD
GROGAN JOYCE
REGION CODE ADDRESS : 8 BARBARA DRIVE
01 CITY : RANDOLPH TOWNSHIP
STATE/ZIP : NJ 07869
MORTGAGE AMOUNT : 370,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,011.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.20000
----------------------------------------------------------------------------
0 0031971179 MORTGAGORS: LOVENTHAL SCOTT
LOVENTHAL ELLEN
REGION CODE ADDRESS : 7 GRAYMOOR ROAD
01 CITY : LIVINGSTON
STATE/ZIP : NJ 07039
MORTGAGE AMOUNT : 456,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,084.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,075.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0031971211 MORTGAGORS: DWYER ANDREW
DWYER LISA
REGION CODE ADDRESS : 725 MARK WESLEY LANE
01 CITY : BALLWIN
STATE/ZIP : MO 63021
MORTGAGE AMOUNT : 296,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,162.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.81800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,008,950.00
P & I AMT: 13,572.44 UPB AMT: 2,007,352.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 85
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031971245 MORTGAGORS: MUELLER KENT
MUELLER SUZANNE
REGION CODE ADDRESS : 932 ELMWOOD AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.80000
----------------------------------------------------------------------------
0 0031971302 MORTGAGORS: STREICKER MELINDA
BURDA JAMES
REGION CODE ADDRESS : 700 LARAMIE AVENUE
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 318,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,147.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.11600
----------------------------------------------------------------------------
0 0031971310 MORTGAGORS: SCHWARTZ ANDREW
REGION CODE ADDRESS : 1784 OLD BRIAR ROAD
01 CITY : HIGHLAND PARK
STATE/ZIP : IL 60035
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.40200
----------------------------------------------------------------------------
0 0031971468 MORTGAGORS: CARTER SCOTT
CARTER JULIA
REGION CODE ADDRESS : 2227 EWING AVENUE
01 CITY : EVANSTON
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031971492 MORTGAGORS: DUCA JAMES
DUCA DAWN
REGION CODE ADDRESS : 4530 PARAMONT PLACE
01 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80920
MORTGAGE AMOUNT : 260,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,081.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.74300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,472,600.00
P & I AMT: 9,824.64 UPB AMT: 1,472,381.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 86
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031971831 MORTGAGORS: BROWN JASON
REGION CODE ADDRESS : 1111B RUSSELL DRIVE,
01 CITY : HIGHLAND BEACH
STATE/ZIP : FL 33487
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031971856 MORTGAGORS: MARA MARK
MARA PATRICIA
REGION CODE ADDRESS : 5373 E. SAHUARO DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.12000
----------------------------------------------------------------------------
0 0031971906 MORTGAGORS: HOCKER KENNETH
REGION CODE ADDRESS : 1160 ROSEDALE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 174,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 174,144.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,339.84 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.50000 PRODUCT CODE : 250
LTV : 85.00000
----------------------------------------------------------------------------
0 0031972045 MORTGAGORS: CANFIELD JOHN
NOBLE GEORGIA
REGION CODE ADDRESS : 3511 SEA LEDGE LANE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93109
MORTGAGE AMOUNT : 1,500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,498,800.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 10,105.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 68.18180
----------------------------------------------------------------------------
0 0031972797 MORTGAGORS: FARNSWORTH SCOTT
FARNSWORTH SARAH
REGION CODE ADDRESS : 3182 POND MIST WAY
01 CITY : OAK HILL WAY
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 398,376.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,376.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,550.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,643,626.00
P & I AMT: 17,770.98 UPB AMT: 2,642,091.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 87
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031972813 MORTGAGORS: GORMAN ROBERT
GORMAN CHERYL
REGION CODE ADDRESS : 30 PAAG LANE
01 CITY : LITTLE SILVER
STATE/ZIP : NJ 07739
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.51613
----------------------------------------------------------------------------
0 0031972995 MORTGAGORS: OLSON ALLAN
REGION CODE ADDRESS : 533 BENTON STREET
01 CITY : LACONNER
STATE/ZIP : WA 98257
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031973100 MORTGAGORS: MCDONELL DANIEL
HAHN LINDSAY
REGION CODE ADDRESS : 6556 WEST PONCHARTRAIN BOULEVARD
01 CITY : CHICAGO
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031973183 MORTGAGORS: RIZZUTO ROBERT
RIZZUTO MARIBEL
REGION CODE ADDRESS : 75 SUNSET ROAD
01 CITY : PEQUANNOCK
STATE/ZIP : NJ 07444
MORTGAGE AMOUNT : 175,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 174,866.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,208.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0031973274 MORTGAGORS: FRASER WILLIAM
REGION CODE ADDRESS : 25 BRETTON ROAD
01 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,460,500.00
P & I AMT: 9,831.39 UPB AMT: 1,460,366.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 88
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031973449 MORTGAGORS: REICH DAVID
CHURCHILL MADELEINE
REGION CODE ADDRESS : 444 ELDRIDGE AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 576,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 575,504.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,735.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.91100
----------------------------------------------------------------------------
0 0031973506 MORTGAGORS: STUBAN STEVEN
STUBAN SANDRA
REGION CODE ADDRESS : 3521 LAUREL LEAF LANE
01 CITY : FAIRFAX
STATE/ZIP : VA 22031
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,764.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031973597 MORTGAGORS: POWERS DENNIS
POWERS KRISTEN
REGION CODE ADDRESS : 21 COOKS FARM ROAD
01 CITY : MONTVILLE
STATE/ZIP : NJ 07045
MORTGAGE AMOUNT : 387,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,640.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.00000
----------------------------------------------------------------------------
0 0031973605 MORTGAGORS: DIPPE MARK
REGION CODE ADDRESS : 1931 CANYON DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,519.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031973654 MORTGAGORS: TEICH JONATHAN
TEICH NANCY
REGION CODE ADDRESS : 6 GRACE ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02459
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.79300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,927,000.00
P & I AMT: 12,832.18 UPB AMT: 1,925,788.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 89
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031973720 MORTGAGORS: JOHNSTON JOHN
HETELEKIDIS STELLA
REGION CODE ADDRESS : 34 STEARNS STREET
01 CITY : NEWTON
STATE/ZIP : MA 02459
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,405.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.50800
----------------------------------------------------------------------------
0 0031974017 MORTGAGORS: HERSCHMAN STEVEN
HERSCHMAN LORI
REGION CODE ADDRESS : 21 GRAVERSHAM DRIVE
01 CITY : MARLBORO
STATE/ZIP : NJ 07746
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,596.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.97900
----------------------------------------------------------------------------
0 0031974033 MORTGAGORS: WISE NANCY
REGION CODE ADDRESS : 6 BONITA STREET
01 CITY : SAUSALITO
STATE/ZIP : CA 94965
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,569.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.65000
----------------------------------------------------------------------------
0 0031975139 MORTGAGORS: HARROUN JAMES
HARROUN JEANNETTE
REGION CODE ADDRESS : 1073 CHLOE COURT,
01 CITY : CONCORD,
STATE/ZIP : CA 94518
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.78200
----------------------------------------------------------------------------
0 0031975188 MORTGAGORS: GOLDSTEIN BATSHEVA
CHASE ANDREW
REGION CODE ADDRESS : 161 BEAUFOREST DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 270,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,375.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,435,750.00
P & I AMT: 9,809.99 UPB AMT: 1,433,345.33
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 90
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031975386 MORTGAGORS: MONTELONGO KENNETH
MONTELONGO NICHELLE
REGION CODE ADDRESS : 677 ROBINSON WAY
01 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 290,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,868.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031975725 MORTGAGORS: VON WIEDENFIELD PAUL
VON WIEDENFIELD LYNN
REGION CODE ADDRESS : 1436 SANDPIPER SPIT
01 CITY : RICHMOND
STATE/ZIP : CA 94801
MORTGAGE AMOUNT : 322,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,248.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,200.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.00000
----------------------------------------------------------------------------
0 0031975840 MORTGAGORS: BECKLEY JULIE
REGION CODE ADDRESS : 29102 DEAN STREET
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,645.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,874.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031975956 MORTGAGORS: SOTELO MICHAEL
SOTELO LORI
REGION CODE ADDRESS : 9015 SOUTHEAST 59TH STREET
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,754.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.00000
----------------------------------------------------------------------------
0 0031976004 MORTGAGORS: WHITNEY MARK
WHITNEY DANIELA
REGION CODE ADDRESS : 996 STARLIGHT LANE
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
MORTGAGE AMOUNT : 245,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,856.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,581,850.00
P & I AMT: 10,599.12 UPB AMT: 1,580,373.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 91
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031976111 MORTGAGORS: DRAPER ERIC
DRAPER MARIE
REGION CODE ADDRESS : 7 RED ROCK LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,473.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031976145 MORTGAGORS: RIBONS MICHAEL
RIBONS ELIZABETH
REGION CODE ADDRESS : 6040 ELBA PLACE
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,516.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031976194 MORTGAGORS: DODGE KATHY
REGION CODE ADDRESS : 8007 CAMPION DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,507.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.94900
----------------------------------------------------------------------------
0 0031976699 MORTGAGORS: WRAY WILLIAM
WRAY NANCY
REGION CODE ADDRESS : 93 CARA COURT
01 CITY : NORTH KINGSTOWN
STATE/ZIP : RI 02852
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031976731 MORTGAGORS: HAMBURG MARK
REGION CODE ADDRESS : 1626 2ND STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,494.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,485,000.00
P & I AMT: 9,906.58 UPB AMT: 1,482,991.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 92
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031976756 MORTGAGORS: ROBERTS MICHAEL
ROBERTS MARGARET
REGION CODE ADDRESS : 13641 MALENA DR
01 CITY : TUSTIN
STATE/ZIP : CA 92780
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,584.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031976988 MORTGAGORS: TOMASEK JAMES
TOMASEK MARY
REGION CODE ADDRESS : 6922 MANHATTAN DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,519.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
0 0031977176 MORTGAGORS: QUIRK FRANK
QUIRK ALISON
REGION CODE ADDRESS : 338 PRINCE ROGERS WAYE
01 CITY : MARSHFIELD
STATE/ZIP : MA 02050
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.50000
----------------------------------------------------------------------------
0 0031977192 MORTGAGORS: SALINAS JEFFREY
REGION CODE ADDRESS : 2218 CANYON ROAD
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,375.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
0 0031977382 MORTGAGORS: PEARSON PAUL
PEARSON LAURA
REGION CODE ADDRESS : APRIL HILL WAY (LOT 5)
01 CITY : HARLEYSVILLE
STATE/ZIP : PA 19438
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,691.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.73200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,577,000.00
P & I AMT: 10,524.76 UPB AMT: 1,575,171.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 93
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031977523 MORTGAGORS: TATHAM CURTIS
TATHAM MOLLY
REGION CODE ADDRESS : 1137 WALNUT LANE
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031977606 MORTGAGORS: SCHULMAN DEAN
SCHULMAN VIRGINIA
REGION CODE ADDRESS : 1228 AERIE DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84060
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 33.33300
----------------------------------------------------------------------------
0 0031977796 MORTGAGORS: ZAN JORDAN
REGION CODE ADDRESS : 124 NORMANDY COURT
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 402,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,686.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,742.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.88600
----------------------------------------------------------------------------
0 0031977804 MORTGAGORS: GOODMAN MICHAEL
GOODMAN JANICE
REGION CODE ADDRESS : 4 RUSSELL MILLS ROAD
01 CITY : PLYMOUTH
STATE/ZIP : MA 02360
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.00000
----------------------------------------------------------------------------
0 0031977812 MORTGAGORS: JONES NEIL
REGION CODE ADDRESS : 26029 O'HARA LANE
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,784.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,588,000.00
P & I AMT: 10,611.41 UPB AMT: 1,587,266.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 94
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031977820 MORTGAGORS: BOMZER BARRY
REGION CODE ADDRESS : 29 NEEDHAMDALE ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02194
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031977838 MORTGAGORS: RUSSELL GREGORY
RUSSELL ELLEN
REGION CODE ADDRESS : 60 INDIAN HILL ROAD
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.06900
----------------------------------------------------------------------------
0 0031977879 MORTGAGORS: SZYMANSKI HENRY
REGION CODE ADDRESS : 34842 N 80TH WAY
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85262
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,672.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.56500
----------------------------------------------------------------------------
0 0031978083 MORTGAGORS: MAHONEY SCOTT
MAHONEY ROSEMARIE
REGION CODE ADDRESS : 9879 LA CIENEGA STREET
01 CITY : LAS VEGAS
STATE/ZIP : NV 89123
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------------------
0 0031978323 MORTGAGORS: ROJAS RAYMOND
ROJAS LOLA
REGION CODE ADDRESS : 1120 CABRILLO AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,092.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.69500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,696,000.00
P & I AMT: 11,610.63 UPB AMT: 1,694,547.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 95
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031978331 MORTGAGORS: LAWRENCE JAMES
KEEGAN KATHLEEN
REGION CODE ADDRESS : 1 PATRIOT DRIVE
01 CITY : WASHINGTON TOWNSHIP
STATE/ZIP : NJ 08691
MORTGAGE AMOUNT : 338,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,281.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0031978455 MORTGAGORS: FIORE FRANK
FIORE ESTHER
REGION CODE ADDRESS : 1665 CLEAR CREEK DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,598.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0031978729 MORTGAGORS: SNIGORENKO NIKOLAY
SNIGORENKO ZINAIDA
REGION CODE ADDRESS : 1250-1252 35TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 486,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,276.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,398.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.52900
----------------------------------------------------------------------------
0 0031978984 MORTGAGORS: DANG TRUNG
NGUYEN VI
REGION CODE ADDRESS : 6953 PORT ROWAN DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,773.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.45200
----------------------------------------------------------------------------
0 0031979024 MORTGAGORS: WHITE HOWARD
FARO ANNAMARIE
REGION CODE ADDRESS : 95 LAIDLEY STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,732.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 51.04000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,683,650.00
P & I AMT: 11,437.95 UPB AMT: 1,682,031.12
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 96
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031979123 MORTGAGORS: MAYO STEVEN
MAYO CHINDARAT
REGION CODE ADDRESS : 8075 CANYON CREEK CIRCLE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,535.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031979230 MORTGAGORS: OWEN GUY
OWEN MINOR
REGION CODE ADDRESS : 2811 CORTE ESMERALDA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,737.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.20000
----------------------------------------------------------------------------
0 0031979479 MORTGAGORS: JANISCH CAROLYN
JANISCH JOHN
REGION CODE ADDRESS : 12131 SOUTHEAST 16TH PLACE
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,931.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,096.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031979693 MORTGAGORS: VISKER DERRIK
VISKER DANAY
REGION CODE ADDRESS : 192 OLD FARMERS ROAD
01 CITY : LONG VALLEY
STATE/ZIP : NJ 07853
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,725.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.40200
----------------------------------------------------------------------------
0 0031979792 MORTGAGORS: FOGWELL NORMAN
FOGWELL KAREN
REGION CODE ADDRESS : 2873 BROOKSIDE DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 435,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,825.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,822.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,655,400.00
P & I AMT: 11,119.19 UPB AMT: 1,654,030.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 97
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031979818 MORTGAGORS: FIRESTONE EZRA
FIRESTONE MIRIAM
REGION CODE ADDRESS : 1244 EAST 28TH STREET
01 CITY : BROOKLYN
STATE/ZIP : NY 11210
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031979875 MORTGAGORS: BUTLER JAMES
REGION CODE ADDRESS : 5485 LINGER LONGER ROAD
01 CITY : CUMMING
STATE/ZIP : GA 30041
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031979891 MORTGAGORS: SAUNDERS NANCY
REGION CODE ADDRESS : 1813 ORANGETREE LANE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,785.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.38000
----------------------------------------------------------------------------
0 0031980022 MORTGAGORS: WATT CHRISTINE
REGION CODE ADDRESS : 12858 LANTANA AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.37600
----------------------------------------------------------------------------
0 0031980071 MORTGAGORS: CORWIN BRUCE
CORWIN KATHRYN
REGION CODE ADDRESS : 298 BRIDGE STREET
01 CITY : HAMILTON
STATE/ZIP : MA 01982
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,622,000.00
P & I AMT: 11,016.34 UPB AMT: 1,621,033.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 98
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031980154 MORTGAGORS: RAEBURN ROY
RAEBURN CHARMION
REGION CODE ADDRESS : 10 OLD CHESTER ROAD
01 CITY : ESSEX FELLS
STATE/ZIP : NJ 07021
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.81400
----------------------------------------------------------------------------
0 0031980162 MORTGAGORS: RICHARD STEPHEN
REGION CODE ADDRESS : 53 PRESTON DRIVE
01 CITY : SOMERVILLE
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 165,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 165,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,182.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0031980212 MORTGAGORS: MC CLINTOCK DONALD
MC CLINTOCK TAMISE
REGION CODE ADDRESS : 2955 ARDILLA ROAD
01 CITY : ATASCADERO
STATE/ZIP : CA 93422
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.28900
----------------------------------------------------------------------------
0 0031980295 MORTGAGORS: HUBER LOUIS
HUBER KATHLEEN
REGION CODE ADDRESS : 983 LA CRESTA PLACE
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,453.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.62500
----------------------------------------------------------------------------
0 0031980337 MORTGAGORS: GALLARDO MARIO
GALLARDO MARY ROSE
REGION CODE ADDRESS : 1395 VINCENZO DRIVE
01 CITY : TOMS RIVER
STATE/ZIP : NJ 08753
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,660.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.96732
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,855,000.00
P & I AMT: 12,551.15 UPB AMT: 1,854,214.01
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 99
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031980410 MORTGAGORS: MELTZER DAVID
MELTZER JULIE
REGION CODE ADDRESS : 11663 SPRUCE RUN DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,126.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,726.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.28500
----------------------------------------------------------------------------
0 0031980576 MORTGAGORS: WONG ANTHONY
LIN ANNE
REGION CODE ADDRESS : 44341 CLUBHOUSE DRIVE
01 CITY : EL MACERO
STATE/ZIP : CA 95618
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.72600
----------------------------------------------------------------------------
0 0031980626 MORTGAGORS: MOORE RICHARD
MOORE KAREE
REGION CODE ADDRESS : 768 HOLBERTSON CT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,475.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.93401
----------------------------------------------------------------------------
0 0031981327 MORTGAGORS: HADDAD JEAN
HADDAD AYDA
REGION CODE ADDRESS : 8025 DUNBARTON AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.33300
----------------------------------------------------------------------------
0 0031981392 MORTGAGORS: CHILDS JOSEPH
REGION CODE ADDRESS : 380 HEALD ROAD
01 CITY : CARLISLE
STATE/ZIP : MA 01741
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,705,000.00
P & I AMT: 11,585.82 UPB AMT: 1,702,478.99
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 100
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031981467 MORTGAGORS: DUNER BRUCE
DUNER GAIL
REGION CODE ADDRESS : 2226 MCCHARLES
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,575.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.28500
----------------------------------------------------------------------------
0 0031981483 MORTGAGORS: DES ROSIERS JAMES
DES ROSIERS TAMIE
REGION CODE ADDRESS : 23267 WEST SORREL COURT
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,500.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031981566 MORTGAGORS: JOSEPH DAVID
JOSEPH GRETCHEN
REGION CODE ADDRESS : 7401 FRANKLIN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 347,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,928.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,311.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.96400
----------------------------------------------------------------------------
0 0031981848 MORTGAGORS: ROSEN RICHARD
ROSIN SUSAN
REGION CODE ADDRESS : 42 BURNING BUSH DRIVE
01 CITY : BOXFORD
STATE/ZIP : MA 01921
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.82300
----------------------------------------------------------------------------
0 0031982069 MORTGAGORS: GIRARD KRISTINE
REGION CODE ADDRESS : 2 EAGLE LANE
01 CITY : BEVERLY
STATE/ZIP : MA 01915
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.43925
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,552,500.00
P & I AMT: 10,529.43 UPB AMT: 1,551,004.45
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 101
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031982267 MORTGAGORS: LEDDY THOMAS
LEDDY AMY
REGION CODE ADDRESS : 32 HALLETTHILL ROAD
01 CITY : WESTON
STATE/ZIP : MA 02193
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.09091
----------------------------------------------------------------------------
0 0031982671 MORTGAGORS: DODGE JOHN
DODGE SUZANNE
REGION CODE ADDRESS : LOT 64, SABINE DRIVE
01 CITY : CEDAR CREEK
STATE/ZIP : TX 78612
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,796.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.48700
----------------------------------------------------------------------------
0 0031982846 MORTGAGORS: BOUDREAU MICHAEL
STAFFORD JULIENE
REGION CODE ADDRESS : 6 NORTH RIDING DRIVE
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031982911 MORTGAGORS: PETRAS GREGORY
PETRAS GRAYCE
REGION CODE ADDRESS : 141 WINTERGREEN LANE
01 CITY : GROTON
STATE/ZIP : MA 01450
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,100.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031983059 MORTGAGORS: TUCKNESS DAVID
TUCKNESS CHRYSTAL
REGION CODE ADDRESS : 612 CHELSEA CROSSING
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,304.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,281.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.76300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,546,400.00
P & I AMT: 10,261.12 UPB AMT: 1,543,501.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 102
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031983240 MORTGAGORS: BARAZSU DAVID
BARAZSU JULIE
REGION CODE ADDRESS : 5071 PARIS WAY
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,493.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031983323 MORTGAGORS: HOPKINS-GOODALL MARGARET
GOODALL DAVID
REGION CODE ADDRESS : 207 LIDO PLACE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,470.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,325.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.27500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.27500 PRODUCT CODE : 002
LTV : 72.96100
----------------------------------------------------------------------------
0 0031983448 MORTGAGORS: LEE SHEN
LEE YAN-HWA
REGION CODE ADDRESS : 4325 WINTERGREEN
01 CITY : TROY
STATE/ZIP : MI 48098
MORTGAGE AMOUNT : 299,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.98100
----------------------------------------------------------------------------
0 0031984016 MORTGAGORS: SCRIBNER JAY
SCRIBNER CARROLL
REGION CODE ADDRESS : 21 ALLEN STREET
01 CITY : BASKING RIDGE
STATE/ZIP : NJ 07920
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031984024 MORTGAGORS: SIN KING
SIN SUSAN
REGION CODE ADDRESS : 323 CANTERBURY LANE
01 CITY : WYCKOFF
STATE/ZIP : NJ 07481
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 39.34400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,467,500.00
P & I AMT: 10,005.64 UPB AMT: 1,466,464.16
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 103
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031984073 MORTGAGORS: RICHARD ANDREW
RICHARD CHARLOTTE
REGION CODE ADDRESS : 6731 HIGHWAY 301
01 CITY : TRENTON
STATE/ZIP : GA 30752
MORTGAGE AMOUNT : 67,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 67,460.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 525.01 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 93.75000
----------------------------------------------------------------------------
0 0031984099 MORTGAGORS: LEE MICHELLE
REGION CODE ADDRESS : 329 E. CALLE LAURELES
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93105
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031984214 MORTGAGORS: DANIEL JOHN
DANIEL KAREN
REGION CODE ADDRESS : 578 WEST HACIENDA AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,568.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031984263 MORTGAGORS: WOEPSE ROBERT
WOEPSE SANDRA
REGION CODE ADDRESS : 26 COLUMBUS
01 CITY : IRVINE
STATE/ZIP : CA 92620
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 81.92700
----------------------------------------------------------------------------
0 0031984305 MORTGAGORS: DIAMOND STEVEN
DIAMOND VIRGINIA
REGION CODE ADDRESS : 1622 CLUB DRIVE
01 CITY : DOUGLAS
STATE/ZIP : GA 31533
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.75400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,229,500.00
P & I AMT: 8,492.36 UPB AMT: 1,228,345.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 104
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031984487 MORTGAGORS: VOULGAROPOULOS MENELAOS
GREEN SHERYL
REGION CODE ADDRESS : 18225 MAINSAIL POINTE DR
01 CITY : CORNELIUS
STATE/ZIP : NC 28031
MORTGAGE AMOUNT : 880,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 879,860.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,784.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 58.70600
----------------------------------------------------------------------------
0 0031984701 MORTGAGORS: GROVE THOMAS
GROVE RANELLE
REGION CODE ADDRESS : 1630 VIA TULIPAN
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
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 : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.87400
----------------------------------------------------------------------------
0 0031985088 MORTGAGORS: CLEAVES JOHN
REGION CODE ADDRESS : 245 LONG COVE DRIVE
01 CITY : HILTON HEAD ISLAND
STATE/ZIP : SC 29938
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,362.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031985161 MORTGAGORS: LEEDER TERRY
LEEDER MORAG
REGION CODE ADDRESS : 1829 ORANGETREE LANE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,713.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,603.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.69100
----------------------------------------------------------------------------
0 0031985179 MORTGAGORS: SIMPSON DAMON
SIMPSON PAMELA
REGION CODE ADDRESS : 30024 - 118TH AVENUE SOUTHEAST
01 CITY : AUBURN
STATE/ZIP : WA 98042
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,790.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,101,200.00
P & I AMT: 14,102.32 UPB AMT: 2,099,282.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 105
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031985195 MORTGAGORS: FOLTZ DAVID
CARVAJAL ROXANE
REGION CODE ADDRESS : 1465 LA PERLA AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90815
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,549.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,659.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.80100
----------------------------------------------------------------------------
0 0031985211 MORTGAGORS: DE ST.AUBIN MARK
REGION CODE ADDRESS : 4530 DALMER ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30342
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.93600
----------------------------------------------------------------------------
0 0031985831 MORTGAGORS: SHEIKHOLESLAMI KHOSROW
SHEIKHOLESLAMI NOOSHIN
REGION CODE ADDRESS : 27100 MESABA DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 424,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,343.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,789.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.33800
----------------------------------------------------------------------------
0 0031985922 MORTGAGORS: PEZZINI JOHN
PEZZINI DANIELLE
REGION CODE ADDRESS : 900 KIRKCREST ROAD
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,060.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.38000
----------------------------------------------------------------------------
0 0031986698 MORTGAGORS: BAIZ MARK
BAIZ SUZANNE
REGION CODE ADDRESS : 28550 SOUTH MONTEREINA DRIVE
01 CITY : RANCHO PALOS VERDES,
STATE/ZIP : CA 90275
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.82900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,969,700.00
P & I AMT: 13,068.90 UPB AMT: 1,967,448.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 106
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031986771 MORTGAGORS: SCHOPF MICHAEL
SCHOPF SILA
REGION CODE ADDRESS : 11 LAKESIDE PLACE
01 CITY : HIGHLAND PARK
STATE/ZIP : IL 60035
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.72300
----------------------------------------------------------------------------
0 0031986797 MORTGAGORS: CARROLL ELIZABETH
REGION CODE ADDRESS : 818 LONG POND RD
01 CITY : PLYMOUTH
STATE/ZIP : MA 02360
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.73900
----------------------------------------------------------------------------
0 0031986847 MORTGAGORS: SULLIVAN BERNARD
SULLIVAN MICHELE
REGION CODE ADDRESS : 2485 WHITNEY AVE
01 CITY : SUMMERLAND
STATE/ZIP : CA 93067
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 464,589.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,977.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 64.13700
----------------------------------------------------------------------------
0 0031986904 MORTGAGORS: BRUK VLADISLAV
KLEYMAN LARISA
REGION CODE ADDRESS : 920 PALMER ROAD
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,747.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031987159 MORTGAGORS: PLASSE LAURA
REGION CODE ADDRESS : 7906 MCCONNELL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,042.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.33600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,670,500.00
P & I AMT: 10,974.94 UPB AMT: 1,669,379.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 107
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031987183 MORTGAGORS: KRENTZ RICHARD
PIERRON MICHELE
REGION CODE ADDRESS : 446 LOCH LOMOND COURT
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,685.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,367.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.33000
----------------------------------------------------------------------------
0 0031987217 MORTGAGORS: SOLODKY ALEXANDER
SOLODKY IZABELLA
REGION CODE ADDRESS : 3125 CABRILLO STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031987274 MORTGAGORS: HELMKE MICHELLE
COTTER JAMES
REGION CODE ADDRESS : 4500 2ND STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22203
MORTGAGE AMOUNT : 193,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 193,045.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,301.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031987308 MORTGAGORS: TERNYNCK RENAUD
SUTER RACHEL
REGION CODE ADDRESS : 272-272 STATES STREET,
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 437,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,158.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,984.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031987365 MORTGAGORS: HAIGHT KEVIN
HAIGHT MICHELLE
REGION CODE ADDRESS : 270 AMBERWOOD DRIVE
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,717.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,634,950.00
P & I AMT: 11,007.97 UPB AMT: 1,633,328.45
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 108
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031987407 MORTGAGORS: FELDE PATRICK
FELDE MIRANDA
REGION CODE ADDRESS : 12510 MANIFESTO PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031987449 MORTGAGORS: OVERSTREET NEIL
OVERSTREET CLAUDIA
REGION CODE ADDRESS : 21835 EAST CHESTNUT COURT
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,473.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031987472 MORTGAGORS: OLANO ROMEO
OLANO CAROLYN
REGION CODE ADDRESS : 3645 NORWOOD AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,268.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.81000
----------------------------------------------------------------------------
0 0031987514 MORTGAGORS: FLEMING EDWARD
ISRAEL SANDRA
REGION CODE ADDRESS : 909 CYPRESS RIDGE LANE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89134
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,102.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0031987670 MORTGAGORS: COBURN WILLIAM
COBURN ANN
REGION CODE ADDRESS : 2104 BLUFF
01 CITY : BOULDER
STATE/ZIP : CO 80304
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,678.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,516.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 250
LTV : 58.92300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,510,000.00
P & I AMT: 10,174.23 UPB AMT: 1,508,327.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 109
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031987738 MORTGAGORS: ALDERTON MELDAH
ALDERTON REGINALD
REGION CODE ADDRESS : 503 MACON COURT
01 CITY : WILMINGTON
STATE/ZIP : NC 28412
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,296.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0031987761 MORTGAGORS: IRISH LEON
SIMON KARLA
REGION CODE ADDRESS : 1410 HOPKINS STREET, N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20036
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,346.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,185.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031987928 MORTGAGORS: BLOCKER ROBERT
ROBERSON KIM
REGION CODE ADDRESS : 1176 HAMPTON HALL DR.
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.41368
----------------------------------------------------------------------------
0 0031987993 MORTGAGORS: WRIGHT WILLIAM
WRIGHT LORRAINE
REGION CODE ADDRESS : 20661 5TH STREET #1
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,648.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031988314 MORTGAGORS: ROHRLICH TED
SIEGEL HELENE
REGION CODE ADDRESS : 1944 ROSALIA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90027
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,428.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,226.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 84.75000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,743,500.00
P & I AMT: 11,799.07 UPB AMT: 1,741,719.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 110
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031988421 MORTGAGORS: KUTSAL MEHMET
KUTSAL LYNN
REGION CODE ADDRESS : 5012 UNION MINE DRIVE
01 CITY : ANTIOCH
STATE/ZIP : CA 94509
MORTGAGE AMOUNT : 264,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,096.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.79400
----------------------------------------------------------------------------
0 0031988561 MORTGAGORS: CARSON JANE
REGION CODE ADDRESS : 1611 N. CLEVELAND
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031989353 MORTGAGORS: SNYDER MICHAEL
REGION CODE ADDRESS : AIRPORT ROAD
01 CITY : WARREN
STATE/ZIP : VT 05674
MORTGAGE AMOUNT : 148,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 148,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,047.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031989437 MORTGAGORS: VERABIAN GREGORY
VERABIAN STEPHANIE
REGION CODE ADDRESS : 12742 STANWOOD DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031989692 MORTGAGORS: FOSTER BLAIR
FOSTER CAROL
REGION CODE ADDRESS : 232 FIRST AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 361,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,718.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,462.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.57100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,323,500.00
P & I AMT: 9,066.17 UPB AMT: 1,322,380.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 111
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031989718 MORTGAGORS: MATTHEWS GARRETT
REGION CODE ADDRESS : 25 TEMPLE STREET, UNIT 4
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 184,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 183,719.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,270.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.31000
----------------------------------------------------------------------------
0 0031989734 MORTGAGORS: BEGOS DENNIS
BEGOS DEBORAH
REGION CODE ADDRESS : 6 WABANKI WAY
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.77777
----------------------------------------------------------------------------
0 0031990096 MORTGAGORS: FOERSTER MICHAEL
FOERSTER CLAUDIA
REGION CODE ADDRESS : 25 FORREST ROAD
01 CITY : RANDOLPH, TWP. OF
STATE/ZIP : NJ 07869
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0031990153 MORTGAGORS: YBARRA ANTHONY
YBARRA SUZANNE
REGION CODE ADDRESS : 602/640 WEST IOWA AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031990195 MORTGAGORS: SNYDER ERIC
SNYDER MARSHA
REGION CODE ADDRESS : 683 VIA MADERA
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,361.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,418,600.00
P & I AMT: 9,735.23 UPB AMT: 1,417,852.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 112
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031990211 MORTGAGORS: DEVOL HOWARD
DEVOL CHARLENE
REGION CODE ADDRESS : 4318 WOODWAY STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 204,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 204,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,374.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031990765 MORTGAGORS: EVERHART WILLIAM
EVERHART APRIL
REGION CODE ADDRESS : 8715 BANYAN STREET
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91701
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,709.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031990807 MORTGAGORS: RUHL STEVEN
RUHL KAREN
REGION CODE ADDRESS : 12682 VIA COLMENAR
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.75000
----------------------------------------------------------------------------
0 0031991219 MORTGAGORS: SAG YURIY
SAG BELLA
REGION CODE ADDRESS : 2070 20TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,761.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.63400
----------------------------------------------------------------------------
0 0031991300 MORTGAGORS: TERBIETEN LEO
MARRA PATRICIA
REGION CODE ADDRESS : 10 RIDGEWAY LANE
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,358,000.00
P & I AMT: 9,204.18 UPB AMT: 1,356,761.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 113
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031991326 MORTGAGORS: LORGE MARK
LORGE ANNA
REGION CODE ADDRESS : 631 LOMBARDY LANE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,235.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.80900
----------------------------------------------------------------------------
0 0031991383 MORTGAGORS: KWITNICKI STEPHEN
KWITNICKI DIANE
REGION CODE ADDRESS : 111 PERSHING BLVD
01 CITY : LAVALLETTE
STATE/ZIP : NJ 08735
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.79600
----------------------------------------------------------------------------
0 0031991409 MORTGAGORS: CABALQUINTO SANTIAGO
CABALQUINTO DIGNA
REGION CODE ADDRESS : 19765 BUCKEYE MEADOW LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 268,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,145.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.62600
----------------------------------------------------------------------------
0 0031991920 MORTGAGORS: DAGGETT GREGORY
REGION CODE ADDRESS : 2801 JOAQUIN DRIVE
01 CITY : BURBANK
STATE/ZIP : CA 91501
MORTGAGE AMOUNT : 344,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,775.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,176.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 66.87300
----------------------------------------------------------------------------
0 0031991953 MORTGAGORS: TRAN BAC
TRAN TUYET-NGA
REGION CODE ADDRESS : 4 SEABRIDGE ROAD
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,491.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.68100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,656,000.00
P & I AMT: 11,003.18 UPB AMT: 1,653,021.77
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 114
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031991987 MORTGAGORS: JAMMAL TALAL
REGION CODE ADDRESS : 6600 LUCAS VALLEY ROAD
01 CITY : NICASIO
STATE/ZIP : CA 94946
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,238.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,200.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 43.18100
----------------------------------------------------------------------------
0 0031992126 MORTGAGORS: FOLTZ JOHN
FOLTZ JUDITH
REGION CODE ADDRESS : 363 NORTH MYRTLE AVENUE
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,209.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------------------
0 0031992407 MORTGAGORS: BURDITT MICHAEL
BURDITT JACQUELINE
REGION CODE ADDRESS : 4286 HEATHERDALE COURT
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,548.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.29400
----------------------------------------------------------------------------
0 0031992472 MORTGAGORS: CONLEY MATT
CONLEY JEANEEN
REGION CODE ADDRESS : 509 BOBBY'S LANE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 289,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,423.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,928.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.39200
----------------------------------------------------------------------------
0 0031992597 MORTGAGORS: ANDERSON DAVID
ANDERSON CYNTHIA
REGION CODE ADDRESS : 70 ELDERWOOD
01 CITY : ALISO VIEJO AREA
STATE/ZIP : CA 92656
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.20500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,692,900.00
P & I AMT: 11,538.32 UPB AMT: 1,690,181.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 115
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031992621 MORTGAGORS: FRANCL ROBERT
REGION CODE ADDRESS : 4478 STUART STREET
01 CITY : DENVER
STATE/ZIP : CO 80212
MORTGAGE AMOUNT : 71,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 71,357.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 555.35 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0031992753 MORTGAGORS: BAYYARI SHARIF
BAYYARI MARIA
REGION CODE ADDRESS : 922 CORRIENTE POINTE DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,108.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,888.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.15100
----------------------------------------------------------------------------
0 0031992928 MORTGAGORS: MILLER JENNIFER
REGION CODE ADDRESS : 13424 GALEWOOD STREET
01 CITY : SHERMAN OAKS AREA
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 299,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,571.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.91900
----------------------------------------------------------------------------
0 0031992944 MORTGAGORS: JOHNSON BURT
BOWER-JOHNSON CAROL
REGION CODE ADDRESS : 15 MELLEN LANE
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.03000
----------------------------------------------------------------------------
0 0031993017 MORTGAGORS: RADOVILSKY JOSEPH
LYPIAVKA YELENA
REGION CODE ADDRESS : 1711 38TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 297,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,678.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,082.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.47500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,589,100.00
P & I AMT: 10,955.38 UPB AMT: 1,587,716.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 116
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031993116 MORTGAGORS: OKUPNIK MARK
OKUPNIK ANNA
REGION CODE ADDRESS : 2426 36TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 306,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,765.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.52500
----------------------------------------------------------------------------
0 0031993207 MORTGAGORS: GORDON DARRELL
GORDON KAREN
REGION CODE ADDRESS : 1408 HIGHLAND ROAD
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,197.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.51938
----------------------------------------------------------------------------
0 0031993397 MORTGAGORS: VU PETER
REGION CODE ADDRESS : 6526 UNIVERSITY WAY
01 CITY : BUENA PARK
STATE/ZIP : CA 90622
MORTGAGE AMOUNT : 313,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,167.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,191.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99500
----------------------------------------------------------------------------
0 0031993439 MORTGAGORS: AMATO LEONARD
BAISLEY LINDA
REGION CODE ADDRESS : 470 PROSPECT TERRACE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 928,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 927,220.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,096.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 80.00000
----------------------------------------------------------------------------
0 0031993454 MORTGAGORS: ALLEN WILLIAM
ALLEN SANJA
REGION CODE ADDRESS : 5204 ELKHEART COURT
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 166,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 166,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,109.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,214,450.00
P & I AMT: 14,881.16 UPB AMT: 2,212,151.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 117
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031994080 MORTGAGORS: MCMICHAEL JOSEPH
OWENS ERIN
REGION CODE ADDRESS : 201 SURREY ROAD,
01 CITY : SOUTHAMPTON,
STATE/ZIP : PA 18966
MORTGAGE AMOUNT : 161,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 161,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,101.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 95.00000
----------------------------------------------------------------------------
0 0031994171 MORTGAGORS: WEHNER ROBERT
SCHMIDT JACQUELINE
REGION CODE ADDRESS : 5646 SOUTH WASHINGTON AVENUE
01 CITY : HINSDALE
STATE/ZIP : IL 60521
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.85100
----------------------------------------------------------------------------
0 0031994205 MORTGAGORS: THOMAS DEBRA
REGION CODE ADDRESS : 80 MILLTOWN ROAD
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 276,925.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,925.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031995111 MORTGAGORS: VANNI JOHN
VANNI BERNICE
REGION CODE ADDRESS : 3 VALLEY VIEW DRIVE
01 CITY : NEWTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,707.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.52100
----------------------------------------------------------------------------
0 0031995202 MORTGAGORS: D'AGOSTINO PHILIP
D'AGOSTINO LAURA
REGION CODE ADDRESS : 24946 GOLDEN VISTA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,774.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.39300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,425,425.00
P & I AMT: 9,536.43 UPB AMT: 1,424,627.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 118
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031995327 MORTGAGORS: KACZOR JANET
MOKARRY VICTOR
REGION CODE ADDRESS : 1108 SPRUCE STREET
01 CITY : WINNETKA
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 556,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,745.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031995566 MORTGAGORS: CRONKRITE MARK
CRONKRITE JACQUELINE
REGION CODE ADDRESS : 719 NORTH PAULINA AVENUE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.72500
----------------------------------------------------------------------------
0 0031995756 MORTGAGORS: ROTH ANDREW
REGION CODE ADDRESS : 261 ASHMORE AVENUE
01 CITY : TRENTON
STATE/ZIP : NJ 08611
MORTGAGE AMOUNT : 19,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 19,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 150.51 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0031995764 MORTGAGORS: SHEEHY DANIEL
SHEEHY JULIE
REGION CODE ADDRESS : 3131 ZANE GREY TERRACE
01 CITY : ALTADENA AREA
STATE/ZIP : CA 91001
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.63600
----------------------------------------------------------------------------
0 0031995798 MORTGAGORS: KRIVOPALTSEV EUGENE
KRIVOPALTSEV LUDMILA
REGION CODE ADDRESS : 6259 BALSAMO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 278,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,682.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,902.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.89400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,529,250.00
P & I AMT: 10,321.61 UPB AMT: 1,528,486.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 119
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031995830 MORTGAGORS: ADAMSON GREG
ADAMSON YVONNE
REGION CODE ADDRESS : 1009 WESTWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031995921 MORTGAGORS: TANG PETER
NG SHIRLEY
REGION CODE ADDRESS : 1941 ABREU WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 257,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,855.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.98900
----------------------------------------------------------------------------
0 0031996036 MORTGAGORS: ENGLAND BOONE
ENGLAND CHERIE
REGION CODE ADDRESS : 4025 CALLE ISABELLE
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,499.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.18100
----------------------------------------------------------------------------
0 0031996085 MORTGAGORS: COFFEE DEMETRI
COFFEE SONJA
REGION CODE ADDRESS : 5299 TALLGRASS WAY
01 CITY : KENNESAW
STATE/ZIP : GA 30152
MORTGAGE AMOUNT : 341,811.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,811.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,302.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 79.99900
----------------------------------------------------------------------------
0 0031996226 MORTGAGORS: DONAHUE JAMES
DONAHUE ANITA
REGION CODE ADDRESS : 26435 LA TRAVIATA
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,812.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.08900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,528,111.00
P & I AMT: 10,351.55 UPB AMT: 1,524,697.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 120
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031996374 MORTGAGORS: WEAVER THOMAS
WEAVER DIANE
REGION CODE ADDRESS : 4929 SAN JACINTO CIRCLE
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,442.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,871.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 79.57500
----------------------------------------------------------------------------
0 0031996424 MORTGAGORS: UCHIYAMA ROBERT
UCHIYAMA SUSAN
REGION CODE ADDRESS : 25535 BAKER PLACE
01 CITY : STEVENSON RANCH AREA
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,543.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.42800
----------------------------------------------------------------------------
0 0031996580 MORTGAGORS: NGUYEN LAM
LY TIEN
REGION CODE ADDRESS : 13610 SMALLWOOD COURT
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 307,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,328.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031996796 MORTGAGORS: JOHNSON NAPOLEON
JOHNSON PHYLLIS
REGION CODE ADDRESS : 6650 SHENANDOAH AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90056
MORTGAGE AMOUNT : 339,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,742.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,257.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 82.75600
----------------------------------------------------------------------------
0 0031996804 MORTGAGORS: CHAMPAGNE LARRY
CHAMPAGNE BEVERLY
REGION CODE ADDRESS : 5770 FLORIMONT COURT
01 CITY : RENO
STATE/ZIP : NV 89511
MORTGAGE AMOUNT : 667,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 666,479.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,550.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 71.72000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,884,900.00
P & I AMT: 12,428.98 UPB AMT: 1,882,536.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 121
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031996952 MORTGAGORS: ADAMS GREGORY
ADAMS MELINDA
REGION CODE ADDRESS : 122 EAST MAPLE STREET
01 CITY : HINSDALE
STATE/ZIP : IL 60521
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.38300
----------------------------------------------------------------------------
0 0031997158 MORTGAGORS: HOLBERT CHARLES
ROSE LISA
REGION CODE ADDRESS : 1642 FELDSPAR COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 328,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,660.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,183.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.30300
----------------------------------------------------------------------------
0 0031997174 MORTGAGORS: ALLEN JOHN
ALLEN JEANNE
REGION CODE ADDRESS : 5964 SEARL TERRACE
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 491,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,797.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,267.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031998156 MORTGAGORS: RUD MAYER
RUD VICTORIA
REGION CODE ADDRESS : 4521 PARK CORDERO
01 CITY : CALABASAS
STATE/ZIP : CA 91302
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.60300
----------------------------------------------------------------------------
0 0031998198 MORTGAGORS: TAVARES ANTONIO
TAVARES ELIZABETH
REGION CODE ADDRESS : 13347 CRISTALLINA WAY
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.93700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,769,400.00
P & I AMT: 11,937.32 UPB AMT: 1,767,976.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 122
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031998388 MORTGAGORS: TOMPKINS KENNETH
TOMPKINS KIMBERLY
REGION CODE ADDRESS : 1644 BAY POINT DRIVE
01 CITY : VIRGINA BEACH
STATE/ZIP : VA 23454
MORTGAGE AMOUNT : 792,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 791,334.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,202.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 79.20000
----------------------------------------------------------------------------
0 0031998453 MORTGAGORS: KOERNER KELLY
REGION CODE ADDRESS : 7839 11TH AVENUE NORTHEAST
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 259,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,997.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031998461 MORTGAGORS: HARRIS ASA
HARRIS PATRICIA
REGION CODE ADDRESS : 1905 ABREU WAY
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 305,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,798.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,031.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97600
----------------------------------------------------------------------------
0 0031998644 MORTGAGORS: ARENDT BILLY
ARENDT CYNTHIA
REGION CODE ADDRESS : #11 BELLE VISTA CT
01 CITY : LAKE OZARK
STATE/ZIP : MO 65049
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,727.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031998727 MORTGAGORS: BARCOTT FRANK
BARCOTT CAROLYN
REGION CODE ADDRESS : 6446 SAN ANDRES AVENUE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,552.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,960,500.00
P & I AMT: 13,020.68 UPB AMT: 1,958,411.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 123
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031998891 MORTGAGORS: RANDOLPH LINDSEY
RANDOLPH JOYCE
REGION CODE ADDRESS : 5391 COVEY CREEK CIRCLE
01 CITY : STOCKTON
STATE/ZIP : CA 95207
MORTGAGE AMOUNT : 334,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,950.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,225.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.70500
----------------------------------------------------------------------------
0 0031999121 MORTGAGORS: HATHARASINGHE ROHAN
HATHARASINGHE PADMA
REGION CODE ADDRESS : 29927 QUAIL RUN DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,624.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 54.34780
----------------------------------------------------------------------------
0 0031999360 MORTGAGORS: TELLES PAUL
REGION CODE ADDRESS : 2448 BROOKHAVEN DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 323,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,668.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,150.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031999477 MORTGAGORS: HOLDEN NICHOLAS
HOLDEN VALERIE
REGION CODE ADDRESS : 7680 EAST BIG CANYON DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 272,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,393.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,907.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.77700
----------------------------------------------------------------------------
0 0031999493 MORTGAGORS: FRIEDMAN ZOLTAN
FRIEDMAN ROSE
REGION CODE ADDRESS : 108 110 SOUTH HARPER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,289.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,874.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.24300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,612,500.00
P & I AMT: 10,926.75 UPB AMT: 1,607,926.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 124
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031999527 MORTGAGORS: CHARR HENRI
CHARR AGNES
REGION CODE ADDRESS : 22745 PERA ROAD,WOODLAND HILLS AREA
01 CITY : LOS ANGELES
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,081.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.32500
----------------------------------------------------------------------------
0 0031999642 MORTGAGORS: MUCKLIN DANIEL
MUCKLIN KATHLEEN
REGION CODE ADDRESS : 5731 CUNEO COURT
01 CITY : SANTA ROSA AREA
STATE/ZIP : CA 95401
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,607.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.42800
----------------------------------------------------------------------------
0 0032000010 MORTGAGORS: GREGG ROBERT
GREGG POLLY
REGION CODE ADDRESS : 237 CALLAWASSIE DR.
01 CITY : OKATIE,
STATE/ZIP : SC 29910
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.43100
----------------------------------------------------------------------------
0 0032000093 MORTGAGORS: NEWTON ROBERT
NEWTON JENNIFER
REGION CODE ADDRESS : 2803 CORTE ESMERALDA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,383.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032000119 MORTGAGORS: ZURCHER RAYMOND
ZURCHER SHELLEY
REGION CODE ADDRESS : 1904 TOULOUSE LANE
01 CITY : BAKERSFIELD
STATE/ZIP : CA 93311
MORTGAGE AMOUNT : 296,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,613.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,582,600.00
P & I AMT: 10,661.81 UPB AMT: 1,580,373.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 125
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032000127 MORTGAGORS: SLIVKA HELGA
REGION CODE ADDRESS : 566 CHAPMAN DRIVE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 405,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,433.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,695.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 45.77400
----------------------------------------------------------------------------
0 0032000135 MORTGAGORS: DROBNICK LOUIS
DROBNICK BETSEY
REGION CODE ADDRESS : 33450 DECKER SCHOOL ROAD
01 CITY : CALABASAS AREA, LOS ANGEL
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 616,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 615,935.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,104.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.94210
----------------------------------------------------------------------------
0 0032000424 MORTGAGORS: ATWELL WILLIAM
ATWELL MICHELE
REGION CODE ADDRESS : 6936 EDGEWATER LANE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 308,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,593.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99600
----------------------------------------------------------------------------
0 0032000457 MORTGAGORS: COLLINS JOHN
COLLINS ANNALEA
REGION CODE ADDRESS : 3400 SAMUEL PLACE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,387.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,215.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0032000507 MORTGAGORS: DUREN ROBERT
DUREN CAROL
REGION CODE ADDRESS : 60 SOUTH PASSAIC AVENUE
01 CITY : CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 298,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.62300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,975,000.00
P & I AMT: 13,078.43 UPB AMT: 1,972,200.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 126
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032000622 MORTGAGORS: CONWAY THOMAS
REGION CODE ADDRESS : 3123 N SUBIDA CIRCLE
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,832.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.09004
----------------------------------------------------------------------------
0 0032000655 MORTGAGORS: KNOX BARTON
KNOX MITZI
REGION CODE ADDRESS : 82 SOUTH MARLAND ROAD
01 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80906
MORTGAGE AMOUNT : 494,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,052.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,286.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.67700
----------------------------------------------------------------------------
0 0032000861 MORTGAGORS: SWAN JOSEPH
REGION CODE ADDRESS : 736 GOULD AVENUE #6
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,721.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032000952 MORTGAGORS: RANDOLPH CHERYL
RANDOLPH WENDELL
REGION CODE ADDRESS : 7774 WEST GLENN DRIVE
01 CITY : GLENDALE
STATE/ZIP : AZ 85303
MORTGAGE AMOUNT : 29,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 29,230.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 214.63 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0032001125 MORTGAGORS: CHARBONNET ROBERT
CHARBONNET DOLORES
REGION CODE ADDRESS : 1181 GREENBROOK DRIVE,
01 CITY : DANVILLE,
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 325,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,015.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,275.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.00400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,622,750.00
P & I AMT: 11,025.09 UPB AMT: 1,611,851.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 127
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032001141 MORTGAGORS: LEFKOWITS DONALD
LEFKOWITS LAURA
REGION CODE ADDRESS : 5639 MONTVIEW BLVD
01 CITY : DENVER
STATE/ZIP : CO 80207
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.74000
----------------------------------------------------------------------------
0 0032001158 MORTGAGORS: PITTMAN GREGORY
PITTMAN ANGELA
REGION CODE ADDRESS : 2372 SEABORN PL.
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.53800
----------------------------------------------------------------------------
0 0032001240 MORTGAGORS: FISHER KURT
FISHER NOELLE
REGION CODE ADDRESS : 7401 SEDGEFIELD AVENUE,
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 258,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,095.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.86400
----------------------------------------------------------------------------
0 0032001281 MORTGAGORS: CHRESTIONSON KEITH
CHRESTIONSON CINDY
REGION CODE ADDRESS : 681 OLD JONAS HILL ROAD
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,649.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,177.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032001307 MORTGAGORS: DAMICO JOSEPH
DAMICO CHRISTINE
REGION CODE ADDRESS : 1416 CARLOS AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,157.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.07400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,118,500.00
P & I AMT: 14,146.09 UPB AMT: 2,116,493.06
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 128
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032001455 MORTGAGORS: ISCOVE WENDY
REGION CODE ADDRESS : 11621 ADDISON STREET
01 CITY : (NORTH HOLLYWOOD AREA) LO
STATE/ZIP : CA 91601
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032001489 MORTGAGORS: SAPP JUDITH
SAPP JOHN
REGION CODE ADDRESS : 111 WEST STREET
01 CITY : PORTLAND
STATE/ZIP : ME 04102
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032001745 MORTGAGORS: ELLIOTT MARC
HELMINK MERI-JO
REGION CODE ADDRESS : 2348 MAKSABA TRAIL
01 CITY : MACATAWA
STATE/ZIP : MI 49434
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,315.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032001828 MORTGAGORS: CHIOU RUEYBIN
CHIOU PREEYADA
REGION CODE ADDRESS : 843 CALLE PORTILLA
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,084.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.64800
----------------------------------------------------------------------------
0 0032002289 MORTGAGORS: NUCCIO TONY
NUCCIO INOCENCIA
REGION CODE ADDRESS : 2682 CLARELLEN STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,502.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.26500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,535,000.00
P & I AMT: 10,461.02 UPB AMT: 1,533,626.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 129
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032002339 MORTGAGORS: TORRES HECTOR
METZ BARBARA
REGION CODE ADDRESS : 6207 SEACREST VIEW ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92121
MORTGAGE AMOUNT : 290,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,471.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.73700
----------------------------------------------------------------------------
0 0032002388 MORTGAGORS: LEM JOHN
JENKINS-LEM LISA
REGION CODE ADDRESS : 4930 EASTBOURNE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,988.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,941.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.28600
----------------------------------------------------------------------------
0 0032002396 MORTGAGORS: HEIL MARK
HEIL JACQUELINE
REGION CODE ADDRESS : 12010 AVONETTE COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 309,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,753.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.42600
----------------------------------------------------------------------------
0 0032002487 MORTGAGORS: LEE JAMES
LEE JOSEPHINE
REGION CODE ADDRESS : 442 TILLER LANE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 342,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,276.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,367.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.41600
----------------------------------------------------------------------------
0 0032002776 MORTGAGORS: GONZALES MICHEAL
REGION CODE ADDRESS : 12237 PEVERO AVENUE
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,581.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.15900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,817,000.00
P & I AMT: 12,220.83 UPB AMT: 1,814,072.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 130
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032002784 MORTGAGORS: KUTA MELISSA
REGION CODE ADDRESS : 8670 EAST WINDSONG DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,486.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.08600
----------------------------------------------------------------------------
0 0032002867 MORTGAGORS: SALAZAR ADRIAN
SALAZAR ANDREA
REGION CODE ADDRESS : 3442 COLONIAL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032002909 MORTGAGORS: ROWE WILLIE
ROWE DORRIS
REGION CODE ADDRESS : 5236 VERONICA STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90008
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,370.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,548.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.95800
----------------------------------------------------------------------------
0 0032003006 MORTGAGORS: DOMAHIDY ELIZABETH
DOMAHIDY GEORGE
REGION CODE ADDRESS : 13608 SOUTHEAST 55TH PLACE
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,738.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032003089 MORTGAGORS: BIANCHI ANTHONY
BIANCHI PAULINE
REGION CODE ADDRESS : 3914 SAN AUGUSTINE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,771.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,556,000.00
P & I AMT: 10,357.07 UPB AMT: 1,553,932.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 131
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032003097 MORTGAGORS: NICHELSON STEVEN
REGION CODE ADDRESS : 583-585 SANCHEZ STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 370,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,875.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 44.63800
----------------------------------------------------------------------------
0 0032003238 MORTGAGORS: BOND SPENCER
BOND KATHTLEEN
REGION CODE ADDRESS : 428 EAST COALVILLE WAY
01 CITY : DRAPER
STATE/ZIP : UT 84020
MORTGAGE AMOUNT : 193,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 193,356.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,352.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 78.34000
----------------------------------------------------------------------------
0 0032003337 MORTGAGORS: SHELTON WANDA
REGION CODE ADDRESS : 301 NORTH BAY FRONT
01 CITY : BALBOA ISLAND
STATE/ZIP : CA 92662
MORTGAGE AMOUNT : 645,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 644,533.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,565.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 39.09000
----------------------------------------------------------------------------
0 0032003360 MORTGAGORS: SINCLAIR WILLIAM
REGION CODE ADDRESS : 512 AND 512 1/2 DAHLIA AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.76600
----------------------------------------------------------------------------
0 0032003717 MORTGAGORS: AXENROTH HERBERT
AXENROTH LINDA
REGION CODE ADDRESS : 9377 GRACKLE AVENUE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,722.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.87687
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,965,000.00
P & I AMT: 13,381.86 UPB AMT: 1,962,077.89
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 132
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032003766 MORTGAGORS: HAINES JEFFREY
REGION CODE ADDRESS : 71741 COUNTY ROAD 25
01 CITY : NEW PARIS
STATE/ZIP : IN 46553
MORTGAGE AMOUNT : 173,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 173,714.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,185.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032003824 MORTGAGORS: DION RONALD
RIEGER GINA
REGION CODE ADDRESS : 1678 LOWER GRAND AVENUE,
01 CITY : PIEDMONT,
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,568.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.61100
----------------------------------------------------------------------------
0 0032003840 MORTGAGORS: HAMM RICHARD
HAMM LLANA
REGION CODE ADDRESS : 19227 EAST LOMITA AVENUE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 639,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 638,422.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,201.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.14600
----------------------------------------------------------------------------
0 0032003857 MORTGAGORS: YUAN STEVEN
YUAN SALLY
REGION CODE ADDRESS : 2163 32ND AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,310.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032003881 MORTGAGORS: SEVCIK SCOTT
SEVCIK DARCI
REGION CODE ADDRESS : 5506 INDIAN HILLS DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 303,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,200.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,020.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.98500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,680,050.00
P & I AMT: 11,248.59 UPB AMT: 1,677,215.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 133
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032003923 MORTGAGORS: DAIL KATHY
DAIL KELVIN
REGION CODE ADDRESS : 127 NORTH CANYON BOULEVARD
01 CITY : MONROVIA
STATE/ZIP : CA 91016
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,572.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.28500
----------------------------------------------------------------------------
0 0032003956 MORTGAGORS: SHIELDS EIKO
REGION CODE ADDRESS : 3253 TARECO DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,542.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.51700
----------------------------------------------------------------------------
0 0032004046 MORTGAGORS: HALL MAXWELL
HALL ALISON
REGION CODE ADDRESS : 6 PHILLIPS ROAD
01 CITY : SUDBURY
STATE/ZIP : MA 01776
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,773.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.37700
----------------------------------------------------------------------------
0 0032004053 MORTGAGORS: BAKER THOAMS
BAKER JULIE
REGION CODE ADDRESS : 9848 RATHBURN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,269.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.14200
----------------------------------------------------------------------------
0 0032004079 MORTGAGORS: GAULT GEOFFREY
GAULT LISA
REGION CODE ADDRESS : 15051 LARGA VISTA DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 553,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 552,675.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,870.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.18700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,658,500.00
P & I AMT: 11,249.58 UPB AMT: 1,655,834.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 134
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004087 MORTGAGORS: HISHINUMA BRIAN
HISHINUMA MARY
REGION CODE ADDRESS : 3640 SOUTH CABRILLO AVENUE
01 CITY : SAN PEDRO
STATE/ZIP : CA 90731
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.93600
----------------------------------------------------------------------------
0 0032004095 MORTGAGORS: BUTTERBAUGH GARY
BUTTERBAUGH CHERYLE
REGION CODE ADDRESS : 5142 EAST CALDERWOOD STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90815
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,549.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.11100
----------------------------------------------------------------------------
0 0032004103 MORTGAGORS: DOBROWSKI ALVIN
DOBROWSKI GAIL
REGION CODE ADDRESS : 6227 MALAGA COURT
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,457.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.51000
----------------------------------------------------------------------------
0 0032004129 MORTGAGORS: GROB PAUL
GROB LORRAINE
REGION CODE ADDRESS : 4632 EAST BRADFORD AVENUE
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,494.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.94900
----------------------------------------------------------------------------
0 0032004137 MORTGAGORS: EPSTEIN NORMAN
EPSTEIN SANDRA
REGION CODE ADDRESS : 26834 HOT SPRINGS AVENUE
01 CITY : CALABASAS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 339,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,177.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,545,750.00
P & I AMT: 10,327.10 UPB AMT: 1,543,226.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 135
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004145 MORTGAGORS: GRIFFITH KEVIN
GRIFFITH CATHERINE
REGION CODE ADDRESS : 164 LESSAY
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 297,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,240.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032004152 MORTGAGORS: CAMERON DONALD
CAMERON DIANA
REGION CODE ADDRESS : 145 SILVER HILLS RD
01 CITY : INVERNESS
STATE/ZIP : CA 94937
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,547.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.00000
----------------------------------------------------------------------------
0 0032004160 MORTGAGORS: CAMBRIA LISA
REGION CODE ADDRESS : 982 TEMPLE HILLS DRIVE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,492.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.21700
----------------------------------------------------------------------------
0 0032004186 MORTGAGORS: COUDERC RICHARD
COUDERC ANNE
REGION CODE ADDRESS : 3132 CUNNINGHAM LAKE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00900
----------------------------------------------------------------------------
0 0032004244 MORTGAGORS: SCHAFER RANDY
SCHAFER FARIDEH
REGION CODE ADDRESS : 32812 PARKSIDE WAY
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 284,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,457.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,576,700.00
P & I AMT: 10,410.26 UPB AMT: 1,569,268.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 136
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004269 MORTGAGORS: HEINTZ MATTHEW
HEINTZ CHRISTIN
REGION CODE ADDRESS : 203 MARK TWAIN COURT
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,552.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.00000
----------------------------------------------------------------------------
0 0032004319 MORTGAGORS: BOLLES WILHELM
BOLLES KATHY
REGION CODE ADDRESS : 2514 HOWARD GROVE ROAD
01 CITY : DAVIDSONVILLE
STATE/ZIP : MD 21035
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,680.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.42100
----------------------------------------------------------------------------
0 0032004327 MORTGAGORS: O'GRYZEK RICHARD
O'GRYZEK CARMELLA
REGION CODE ADDRESS : 287 NORTH STREET
01 CITY : MEDFIELD
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/19
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 47.48600
----------------------------------------------------------------------------
0 0032004459 MORTGAGORS: SHANBERG ALAN
SHANBERG REBA
REGION CODE ADDRESS : 1509 EMERALD BAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 21.73900
----------------------------------------------------------------------------
0 0032004509 MORTGAGORS: AMIRI FREIDUN
REGION CODE ADDRESS : 32731 OLYMPIAD COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,093.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,904.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,710,600.00
P & I AMT: 11,513.27 UPB AMT: 1,708,906.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 137
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004616 MORTGAGORS: ZEHMER JAMES
ZEHMER PRISCILLA
REGION CODE ADDRESS : 3132 QUAIL RUN RD
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 276,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,978.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.70600
----------------------------------------------------------------------------
0 0032004657 MORTGAGORS: SCHLIEBUS MARK
SCHLIEBUS CHERYL
REGION CODE ADDRESS : 20 SNYDER WAY
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,585.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032004673 MORTGAGORS: JENG JOHN
JENG JENNIFER
REGION CODE ADDRESS : 9459 MALER ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
MORTGAGE AMOUNT : 280,440.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,967.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032004749 MORTGAGORS: ROBERTS DONALD
ROBERTS JOANNE
REGION CODE ADDRESS : 575 SAN MARIO DRIVE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,242.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.89400
----------------------------------------------------------------------------
0 0032004756 MORTGAGORS: RUBIN DAVID
RUBIN TONIA
REGION CODE ADDRESS : 178 VISTA GRANDE
01 CITY : GREENBRAE
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,463.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,339.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 47.97200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,481,840.00
P & I AMT: 10,047.00 UPB AMT: 1,479,236.42
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 138
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004764 MORTGAGORS: REES THOMAS
REGION CODE ADDRESS : 2370 ROSCOMARE ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,295.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.64600
----------------------------------------------------------------------------
0 0032004798 MORTGAGORS: PINARD DONALD
PINARD JOCELYN
REGION CODE ADDRESS : 259 AVILA STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94123
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 453,511.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,110.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.08600
----------------------------------------------------------------------------
0 0032004855 MORTGAGORS: KOLENDICH JOHN
KOLENDICH KATHLEEN
REGION CODE ADDRESS : 32822 ROSEMONT DRIVE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,450.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032004863 MORTGAGORS: KAMBE MARTHA
DENNIS DOUGLAS
REGION CODE ADDRESS : 704 PANCHITA WAY
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 565,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 564,137.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,902.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.32500
----------------------------------------------------------------------------
0 0032004889 MORTGAGORS: LEE KWAN
LEE SEON
REGION CODE ADDRESS : 911 LAS ROSAS DRIVE
01 CITY : WEST COVINA
STATE/ZIP : CA 91791
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,413.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.27200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,179,000.00
P & I AMT: 14,855.41 UPB AMT: 2,173,808.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 139
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004905 MORTGAGORS: LUBIN JANE
REGION CODE ADDRESS : 2317 SHARON ROAD
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,583.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 53.11800
----------------------------------------------------------------------------
0 0032004939 MORTGAGORS: SHOEMAKER BRUCE
SHOEMAKER JANE
REGION CODE ADDRESS : 541 DOROTHY DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92831
MORTGAGE AMOUNT : 494,075.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,282.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,328.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.68900
----------------------------------------------------------------------------
0 0032004947 MORTGAGORS: O'CONNOR MARK
REGION CODE ADDRESS : 376 AND 378 LOMA TERRACE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 387,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,908.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,676.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.19600
----------------------------------------------------------------------------
0 0032004954 MORTGAGORS: CRAMER KYLE
CRAMER CHANDRA
REGION CODE ADDRESS : 761 STRAWBERRY HILL DRIVE
01 CITY : GLENCOE
STATE/ZIP : IL 60022
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032004962 MORTGAGORS: VISSER ARLAN
VISSER AURA
REGION CODE ADDRESS : 2109 SLEEPY HOLLOW ROAD
01 CITY : ESCONDIDO
STATE/ZIP : CA 92026
MORTGAGE AMOUNT : 362,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,589.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,379.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.07400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,862,775.00
P & I AMT: 12,482.00 UPB AMT: 1,860,364.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 140
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004970 MORTGAGORS: PELLICER TOM
VAN DER WERFF DIANNA
REGION CODE ADDRESS : 439 APRIL WAY
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,579.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.11700
----------------------------------------------------------------------------
0 0032004988 MORTGAGORS: PINCEK DAVID
PINCEK NICOLE
REGION CODE ADDRESS : 20222 MCKINLEY LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,464.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,089.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.50000
----------------------------------------------------------------------------
0 0032005001 MORTGAGORS: TAN WRISNEY
ROSSI ROBERT
REGION CODE ADDRESS : 29140 OAKPATH DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,790.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.34800
----------------------------------------------------------------------------
0 0032005035 MORTGAGORS: WILLIAMS BILL
WILLIAMS BONITA
REGION CODE ADDRESS : 13346 RIDGECREST LN
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,568.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.41700
----------------------------------------------------------------------------
0 0032005043 MORTGAGORS: PAUL TIMOTHY
PAUL MICHELLE
REGION CODE ADDRESS : 1228 EAST BRUCE AVENUE
01 CITY : GILBERT
STATE/ZIP : AZ 85234
MORTGAGE AMOUNT : 131,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 130,895.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 882.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 86.18400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,229,200.00
P & I AMT: 8,207.74 UPB AMT: 1,227,297.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 141
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032005068 MORTGAGORS: VARSOVIA JAIME
VARSOVIA CRONICA
REGION CODE ADDRESS : 6375 GOLDEN GATE DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,477.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.64100
----------------------------------------------------------------------------
0 0032005084 MORTGAGORS: WAKEFIELD JAMES
WAKEFIELD SHERRI
REGION CODE ADDRESS : 27850 MOUNT HOOD WAY
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,456.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 55.81800
----------------------------------------------------------------------------
0 0032005118 MORTGAGORS: STRICK PHILIP
STRICK CAROLYN
REGION CODE ADDRESS : 28841 HEDGEROW
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,319.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.33300
----------------------------------------------------------------------------
0 0032005159 MORTGAGORS: HETTICK RICHARD
HETTICK JEANNE
REGION CODE ADDRESS : 3705 LONE DOVE LANE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,453.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.31900
----------------------------------------------------------------------------
0 0032005241 MORTGAGORS: SMITH W.
FRANKLIN-SMITH TRACY
REGION CODE ADDRESS : 1504 S.STATE STREET
01 CITY : CHICAGO
STATE/ZIP : IL 60605
MORTGAGE AMOUNT : 311,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.36800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,002,900.00
P & I AMT: 13,318.06 UPB AMT: 2,000,607.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 142
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032005621 MORTGAGORS: KLEINFELDER BRAD
KLEINFELDER LISA
REGION CODE ADDRESS : 1321 254TH PLACE SE
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.72500
----------------------------------------------------------------------------
0 0032005639 MORTGAGORS: KING FREDERICK
KING MARY
REGION CODE ADDRESS : 105 PELICAN DRIVE
01 CITY : ANNA MARIA ISLAND
STATE/ZIP : FL 34216
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,006.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.53300
----------------------------------------------------------------------------
0 0032005662 MORTGAGORS: SALGADO KENNETH
TORMEY-SALGADO JENNIFER
REGION CODE ADDRESS : 55 DECLARATION
01 CITY : IRVINE
STATE/ZIP : CA 92602
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,774.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032005670 MORTGAGORS: WOLF JOSEPH
WOLF JEANMARIE
REGION CODE ADDRESS : 2324 LEHIGH PARKWAY NORTH
01 CITY : ALLENTOWN
STATE/ZIP : PA 18103
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.57300
----------------------------------------------------------------------------
0 0032005704 MORTGAGORS: FERENCZY WILLIAM
FERENCZY DELPHINE
REGION CODE ADDRESS : 6142 LA PINTURA DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,677.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,928.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.53300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,755,000.00
P & I AMT: 11,950.58 UPB AMT: 1,753,837.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 143
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032005738 MORTGAGORS: HEIDRICK PAUL
LEMM-HEIDRICK JODY
REGION CODE ADDRESS : 202 AVENIDA DE LA RIVIERA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 306,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,078.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.81250
----------------------------------------------------------------------------
0 0032005803 MORTGAGORS: LEAHY J.
FEUERMAN LAUREN
REGION CODE ADDRESS : 4340 EAST MERCER WAY
01 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 406,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.76700
----------------------------------------------------------------------------
0 0032005969 MORTGAGORS: LESCH PHILIP
LESCH DONNA
REGION CODE ADDRESS : 2292 NORTH WISTERIA LANE
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,327.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,933.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.35400
----------------------------------------------------------------------------
0 0032005977 MORTGAGORS: ANGEL DIEGO
ANGEL LENKE
REGION CODE ADDRESS : 7122 OBELISCO CIRCLE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,197.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,126.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032006157 MORTGAGORS: DICKEY BRENT
DICKEY DONELLE
REGION CODE ADDRESS : 16460 OAK VIEW CIRCLE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 451,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,639.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,965.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.23300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,069,800.00
P & I AMT: 13,861.49 UPB AMT: 2,067,342.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 144
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032006173 MORTGAGORS: HEAD JACK
HEAD JULIE
REGION CODE ADDRESS : 9 RUE ST. CLOUD
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,390.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,755.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.00000
----------------------------------------------------------------------------
0 0032006306 MORTGAGORS: BRUMBACH HENRY
BRUMBACH BEATRIX
REGION CODE ADDRESS : 235 ADDISON COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 258,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,885.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.55900
----------------------------------------------------------------------------
0 0032006538 MORTGAGORS: SULLIVAN JOHN
SULLIVAN ARLENE
REGION CODE ADDRESS : 58 CANDLEBERRY LANE
01 CITY : HARVARD
STATE/ZIP : MA 01451
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/19
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.00400
----------------------------------------------------------------------------
0 0032006629 MORTGAGORS: NOONAN WILLIAM
NOONAN KATHLEEN
REGION CODE ADDRESS : 5 BERKLEY RD.
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0032006702 MORTGAGORS: ROCKOFF STEPHEN
ROCKOFF BETH
REGION CODE ADDRESS : 17 DRIFTWOOD DRIVE
01 CITY : LIVINGSTON
STATE/ZIP : NJ 07039
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,623,300.00
P & I AMT: 11,150.59 UPB AMT: 1,622,276.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 145
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032006744 MORTGAGORS: BALDWIN ROGER
BALDWIN MARILYN
REGION CODE ADDRESS : 8025 EAST 2ND AVENUE
01 CITY : MESA
STATE/ZIP : AZ 85208
MORTGAGE AMOUNT : 51,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 51,268.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 394.45 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.50000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0032006835 MORTGAGORS: BURNS JENNY
REGION CODE ADDRESS : 3830 VIA PASATIEMPO
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92091
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032006850 MORTGAGORS: SPACH JOHN
SPACH JEAN
REGION CODE ADDRESS : 3284 RUNNING TRAILS AVENUE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 321,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,661.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,169.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0032007007 MORTGAGORS: AZZIZZO ANTHONY
AZZIZZO LISA
REGION CODE ADDRESS : 215 FAIRVIEW PLACE
01 CITY : PARSIPPANY TROYHILLS
STATE/ZIP : NJ 07054
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032007031 MORTGAGORS: MACE STEPHEN
REGION CODE ADDRESS : 7270 SHEFFIELD PLACE
01 CITY : CUMMING
STATE/ZIP : GA 30040
MORTGAGE AMOUNT : 284,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,666.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,220,650.00
P & I AMT: 8,262.69 UPB AMT: 1,219,906.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 146
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032007056 MORTGAGORS: LEVEY KENNETH
LEVEY BLANCA
REGION CODE ADDRESS : 2 DIAMOND COURT
01 CITY : WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,956.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.06800
----------------------------------------------------------------------------
0 0032007122 MORTGAGORS: ADEE R.
GEFROH RANAE
REGION CODE ADDRESS : 21 GRANDVIEW TERRACE
01 CITY : RAMSEY
STATE/ZIP : NJ 07446
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.69600
----------------------------------------------------------------------------
0 0032007247 MORTGAGORS: MCINALLY MATTHEW
MCINALLY TAMMY
REGION CODE ADDRESS : 170 VIA PASITO
01 CITY : VENTURA
STATE/ZIP : CA 93003
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,448.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032007528 MORTGAGORS: KODAMA GREG
REGION CODE ADDRESS : 2208 RUHLAND AVENUE #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 296,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,258.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.07800
----------------------------------------------------------------------------
0 0032007551 MORTGAGORS: OBNAMIA REYNALDO
OBNAMIA-GARCIA MELINDA
REGION CODE ADDRESS : 931 NORTH ZIEGLER WAY
01 CITY : PLACENTIA
STATE/ZIP : CA 92670
MORTGAGE AMOUNT : 313,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,909.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.34100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,654,100.00
P & I AMT: 11,234.34 UPB AMT: 1,652,615.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 147
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032007627 MORTGAGORS: MCCRACKEN KEVIN
MCCRACKEN DEE DEE
REGION CODE ADDRESS : 231 LIGHTHOUSE VIEW
01 CITY : STEVENSVILLE
STATE/ZIP : MD 21666
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0032007973 MORTGAGORS: GLOVER DUANE
GLOVER ANITA
REGION CODE ADDRESS : 311 ELDER AVENUE
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 343,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,735.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.27300
----------------------------------------------------------------------------
0 0032008047 MORTGAGORS: DOTSON KAVIN
REGION CODE ADDRESS : 6145 WOOSTER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90056
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,741.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032008104 MORTGAGORS: BRAY ROBERT
BRAY RUTH
REGION CODE ADDRESS : 450 GATEWOOD TERRACE
01 CITY : SIERRA MADRE
STATE/ZIP : CA 91024
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.69400
----------------------------------------------------------------------------
0 0032008161 MORTGAGORS: NANTROUP JOHN
NANTROUP SHERRY
REGION CODE ADDRESS : 368 CHEERFUL COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,710.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,259.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.08000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,920,300.00
P & I AMT: 12,767.64 UPB AMT: 1,918,973.23
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 148
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032008179 MORTGAGORS: KESHEHRIM FARIBA
BEHNAM KAMRAN
REGION CODE ADDRESS : 888 NORTH NORMAN PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 467,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,626.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 38.91600
----------------------------------------------------------------------------
0 0032008286 MORTGAGORS: WILLIAMSON LAURA
WALL GERALD
REGION CODE ADDRESS : 1170 BUCKNAM COURT
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,766.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,039.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.66600
----------------------------------------------------------------------------
0 0032008377 MORTGAGORS: DESSEL DENNIS
NAUGHTEN DESSEL ANNETTE
REGION CODE ADDRESS : 440 PURRINGTON ROAD
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,745.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.90200
----------------------------------------------------------------------------
0 0032008419 MORTGAGORS: WAUGH ANDREW
WAUGH ALBY
REGION CODE ADDRESS : 19 MAGNOLIA AVENUE
01 CITY : MANCHESTER
STATE/ZIP : MA 01944
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,181.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,883.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/24
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 56.18300
----------------------------------------------------------------------------
0 0032008427 MORTGAGORS: KIM DON
KIM SUK
REGION CODE ADDRESS : 1514 FRONTERO AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,192.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,083.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,902,500.00
P & I AMT: 13,143.46 UPB AMT: 1,900,512.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 149
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032008526 MORTGAGORS: LUSK ROBERT
LUSK ELIZABETH
REGION CODE ADDRESS : 665 LAGUNA DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,689.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032008583 MORTGAGORS: ETHEREDGE SCOTT
ETHEREDGE JAMIE
REGION CODE ADDRESS : 2194 BLOSSOM CREST WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,577.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.87700
----------------------------------------------------------------------------
0 0032008617 MORTGAGORS: GLUSHON ROBERT
GLUSHON SUZI
REGION CODE ADDRESS : 17605 CORINTHIAN DRIVE
01 CITY : ENCINO
STATE/ZIP : CA 91316
MORTGAGE AMOUNT : 558,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 557,666.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,860.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.61800
----------------------------------------------------------------------------
0 0032008674 MORTGAGORS: SCHNEIDER DAVID
SCHNEIDER CORINNE
REGION CODE ADDRESS : 6121 GLEN HARBOR DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.22000
----------------------------------------------------------------------------
0 0032008682 MORTGAGORS: OSBORN J.
OSBORN CHRISTINE
REGION CODE ADDRESS : 33 BELL CANYON ROAD
01 CITY : BELL CANYON
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,846.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,342.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.59200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,961,950.00
P & I AMT: 13,398.65 UPB AMT: 1,958,580.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 150
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032008773 MORTGAGORS: JACOBI ROBERT
JACOBI TERRI
REGION CODE ADDRESS : 4700 SAN JACINTO TERRACE
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 261,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,684.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.05200
----------------------------------------------------------------------------
0 0032008799 MORTGAGORS: WIMBERLY JOHN
WIMBERLY SUSAN
REGION CODE ADDRESS : 2402 SADDLEBACK DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,398.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 43.10300
----------------------------------------------------------------------------
0 0032008849 MORTGAGORS: REIMER ANDREW
YBERG-REIMER NANCY
REGION CODE ADDRESS : 2038 HOLMBY AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 618,955.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,072.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032008948 MORTGAGORS: JALALI FARIDEH
REGION CODE ADDRESS : 754 NORTH LEMON HILL TRAIL
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,658.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032008971 MORTGAGORS: EYLER CHARLES
SALTSMAN NANCY
REGION CODE ADDRESS : 578 SOUTH K STREET
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,334.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.42000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,776,550.00
P & I AMT: 11,885.56 UPB AMT: 1,773,031.60
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 151
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032008997 MORTGAGORS: RYAN JOHN
REGION CODE ADDRESS : 128 WOOD STREET #2
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,175.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032009003 MORTGAGORS: WOOD PATRICIA
REGION CODE ADDRESS : 6387 CARDENO DRIVE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,136.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,321.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.84900
----------------------------------------------------------------------------
0 0032009045 MORTGAGORS: POLLINGER HAROLD
POLLINGER DORIS
REGION CODE ADDRESS : 243 CALLE NEBLINA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,349.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.46300
----------------------------------------------------------------------------
0 0032009136 MORTGAGORS: SMITH KIRK
SMITH BRIAN
REGION CODE ADDRESS : 703 MAROON AVENUE
01 CITY : CRESTED BUTTE
STATE/ZIP : CO 81224
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,702.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,257.91 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032009144 MORTGAGORS: GRIFFITH HARRY
GRIFFITH KRISTINA
REGION CODE ADDRESS : 4636 E. CHAPAROSA WAY
01 CITY : PHOENIX
STATE/ZIP : AZ 85331
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.04800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,744,000.00
P & I AMT: 12,058.58 UPB AMT: 1,741,107.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 152
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032009441 MORTGAGORS: BUNGARD ALBERT
BUNGARD SANDRA
REGION CODE ADDRESS : 207 WEDGEFIELD CROSSING
01 CITY : SAVANNAH
STATE/ZIP : GA 31405
MORTGAGE AMOUNT : 309,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,032.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99400
----------------------------------------------------------------------------
0 0032009748 MORTGAGORS: WALSH MATTHEW
REGION CODE ADDRESS : 33 MITCHELL AVENUE
01 CITY : TWP. OF CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.86800
----------------------------------------------------------------------------
0 0032009771 MORTGAGORS: JOYCE JAMES
JOYCE BECKY
REGION CODE ADDRESS : 2174 MORNING SUN LANE
01 CITY : NAPLES
STATE/ZIP : FL 34119
MORTGAGE AMOUNT : 167,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 167,512.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,115.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 79.85400
----------------------------------------------------------------------------
0 0032009839 MORTGAGORS: CHANG PETER
REGION CODE ADDRESS : 8980 OLD SOUTHWICKPASS
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 514,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,338.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.68300
----------------------------------------------------------------------------
0 0032009938 MORTGAGORS: MEEHAN SEAN
MEEHAN KIMBERLY
REGION CODE ADDRESS : 3 SIGTIM ROAD
01 CITY : LITTLE FALLS
STATE/ZIP : NJ 07424
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,642,850.00
P & I AMT: 10,903.69 UPB AMT: 1,642,483.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 153
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032009946 MORTGAGORS: VILLEGAS FRANCISCO
VILLEGAS MIREYA
REGION CODE ADDRESS : 35 EDINBURG CIRCLE
01 CITY : OLD BRIDGE
STATE/ZIP : NJ 08857
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,278.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.59300
----------------------------------------------------------------------------
0 0032009961 MORTGAGORS: FIORELLI WILLIAM
FIORELLI DARLEEN
REGION CODE ADDRESS : 14 BERKSHIRE COURT
01 CITY : CLINTON TOWNSHIP,
STATE/ZIP : NJ 08833
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,761.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.63400
----------------------------------------------------------------------------
0 0032010092 MORTGAGORS: FOUTTS WILLIAM
REGION CODE ADDRESS : 3789 TORREY VIEW COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 267,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,430.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.52800
----------------------------------------------------------------------------
0 0032010118 MORTGAGORS: ADMAS RONALD
ADAMS KATHLEEN
REGION CODE ADDRESS : 610 CALLE REAL
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,473.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032010134 MORTGAGORS: PATTON ROBERT
PATTON KATHRYN
REGION CODE ADDRESS : 28821 GARNET HILL COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,733.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.71200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,502,150.00
P & I AMT: 10,093.33 UPB AMT: 1,500,678.19
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 154
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032010142 MORTGAGORS: JOHNS RICHARD
REGION CODE ADDRESS : 35365 VIA CERRO VISTA
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 377,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,278.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.83100
----------------------------------------------------------------------------
0 0032010217 MORTGAGORS: BAPTISTE DAVID
BAPTISTE TIFFANY
REGION CODE ADDRESS : 1131 STONEY CREEK DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,774.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032010324 MORTGAGORS: SCOTT PATRICIA
REGION CODE ADDRESS : 1037 WHARF INDIGO
01 CITY : MOUNT PLEASANT
STATE/ZIP : SC 29464
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,079.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,718.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.10447
----------------------------------------------------------------------------
0 0032010381 MORTGAGORS: MURPHY MICHAEL
MURPHY HONG
REGION CODE ADDRESS : 2103 CAMINO DE LOS ROBLES
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,915.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.05400
----------------------------------------------------------------------------
0 0032010456 MORTGAGORS: CLARK ROBERT
CLARK LILLIAN
REGION CODE ADDRESS : 969 STEINWAY AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.77500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,722,900.00
P & I AMT: 11,577.72 UPB AMT: 1,719,815.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 155
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032010480 MORTGAGORS: ALQUIST CHARLES
ALQUIST LINDA
REGION CODE ADDRESS : 2224 VIA DEL PARISO
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,731.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032010514 MORTGAGORS: MICALLEF ANDREW
MICALLEF JULIE
REGION CODE ADDRESS : 11 MOSS GLEN UNIT 6
01 CITY : IRVINE
STATE/ZIP : CA 92612
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0032010613 MORTGAGORS: CONSTANTINO ROBERT
CONSTANTINO MARYANN
REGION CODE ADDRESS : 127 ALMENDRAL AVENUE
01 CITY : ATHERTON
STATE/ZIP : CA 94027
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,243.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,060.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 23.58900
----------------------------------------------------------------------------
0 0032010662 MORTGAGORS: PAULEY LINDA
PAULEY BILLY
REGION CODE ADDRESS : 13312 EAST VILLA PRAK STREET
01 CITY : CHANDLER
STATE/ZIP : AZ 85249
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,700.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.65900
----------------------------------------------------------------------------
0 0032010696 MORTGAGORS: NIELSEN MARK
NIELSEN GAIL
REGION CODE ADDRESS : 1153 RIESLING CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,379.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,771,000.00
P & I AMT: 11,751.71 UPB AMT: 1,768,850.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 156
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032010746 MORTGAGORS: TUN BARRY
AYE SWE
REGION CODE ADDRESS : 2759 TROVATA COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 488,980.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,135.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,171.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0032010795 MORTGAGORS: JOCHHEIM CHRIS
JOCHHEIM JODY
REGION CODE ADDRESS : 5251 LARCHWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,564.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.71400
----------------------------------------------------------------------------
0 0032010803 MORTGAGORS: BONLIE JAMES
BONLIE GAIL
REGION CODE ADDRESS : 1155 RIESLING CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032010860 MORTGAGORS: FRENI SALLY
BERGERON PETER
REGION CODE ADDRESS : 21 OAK TERRACE
01 CITY : BELLINGHAM
STATE/ZIP : MA 02019
MORTGAGE AMOUNT : 113,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,050.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 771.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 85.00000
----------------------------------------------------------------------------
0 0032010886 MORTGAGORS: PREZIOSO JUAN
PREZIOSO MAGDALENA
REGION CODE ADDRESS : 24508 EBELDEN AVENUWE
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91321
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,528.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,507,030.00
P & I AMT: 10,001.03 UPB AMT: 1,504,714.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 157
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032010910 MORTGAGORS: CHOU JOHN
CHOU DEANNA
REGION CODE ADDRESS : 7828 OLIVE COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
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 : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.21800
----------------------------------------------------------------------------
0 0032010944 MORTGAGORS: GRANILLO CHRISTOPHER
GRANILLO LINDA
REGION CODE ADDRESS : 1839 CHANTILLY LANE
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 296,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,913.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.18400
----------------------------------------------------------------------------
0 0032011033 MORTGAGORS: PACHT HARVEY
PACHT JENNA
REGION CODE ADDRESS : 137 SOUTH FULLER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.14200
----------------------------------------------------------------------------
0 0032011066 MORTGAGORS: ALISOBHANI JALAL
ALISOBHANI AFSANEH
REGION CODE ADDRESS : 1524 KEEL DRIVE
01 CITY : CORONA DEL MAR (AREA, NEW
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 595,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 594,021.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,958.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032011082 MORTGAGORS: HURST MICHAEL
HURST SUSAN
REGION CODE ADDRESS : 214 CANYON LAKES PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.42000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,836,150.00
P & I AMT: 12,350.02 UPB AMT: 1,833,964.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 158
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032011165 MORTGAGORS: ARCHAMBAULT WILLIAM
ARCHAMBAULT SALLY
REGION CODE ADDRESS : 3374 SPRIG COURT
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,555.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032011207 MORTGAGORS: SIMONS D.
REGION CODE ADDRESS : 1330 NEPTUNE AVENUE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,419.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,624.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 27.63600
----------------------------------------------------------------------------
0 0032011322 MORTGAGORS: BARRETT GREGORY
BARRETT PAMELA
REGION CODE ADDRESS : 2717 SILVER CLOUD DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84060
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.32200
----------------------------------------------------------------------------
0 0032011447 MORTGAGORS: DEEM HAROLD
REGION CODE ADDRESS : 22495 PIN TAIL DR
01 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 248,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,774.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032011595 MORTGAGORS: O'BRIEN KERRY
REGION CODE ADDRESS : 1311 4TH STREET
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,219.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,132.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 70.85100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,725,900.00
P & I AMT: 11,516.09 UPB AMT: 1,721,968.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 159
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032011603 MORTGAGORS: DELAURENTIS MICHAEL
DELAURENTIS HELEN
REGION CODE ADDRESS : 8015 COBBLE COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,196.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,082.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.47600
----------------------------------------------------------------------------
0 0032011678 MORTGAGORS: ADRIAN DEBRA
REGION CODE ADDRESS : 2914 PEARL PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 281,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,869.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,870.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
0 0032012312 MORTGAGORS: BUEHNER-COLDREY MICHAEL
BUEHNER-COLDREY JAYE
REGION CODE ADDRESS : 731 E.DURANT #4
01 CITY : ASPEN
STATE/ZIP : CO 81611
MORTGAGE AMOUNT : 374,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,950.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,521.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032012809 MORTGAGORS: SARLO MICHAEL
REGION CODE ADDRESS : 8203 ZITOLA TERRACE
01 CITY : PLAYA DEL REY
STATE/ZIP : CA 90293
MORTGAGE AMOUNT : 362,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,390.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,378.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.92000
----------------------------------------------------------------------------
0 0032012817 MORTGAGORS: FILBIN MICHAEL
FILBIN BELINDA
REGION CODE ADDRESS : 13195 WATSONVILLE ROAD
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,749.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.71400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,601,550.00
P & I AMT: 10,607.45 UPB AMT: 1,599,156.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 160
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032012833 MORTGAGORS: MANUELE KENNETH
MANUELE LISA
REGION CODE ADDRESS : 15290 SYCAMORE AVENUE #A
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,390.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.46100
----------------------------------------------------------------------------
0 0032012841 MORTGAGORS: BAHMANYAR G
GHAMKHARI MAHROKH
REGION CODE ADDRESS : 5701 OSTIN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,531.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
0 0032012858 MORTGAGORS: SMITH STEPHEN
FAVRIN SELINA
REGION CODE ADDRESS : 6 SUGARBUSH,
01 CITY : ALISO VIEJO AREA,
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 285,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,280.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.28700
----------------------------------------------------------------------------
0 0032012866 MORTGAGORS: CAVAROZZI CHRISTOPHER
CAVAROZZI KAREN
REGION CODE ADDRESS : 540 LIVE OAK CIRCLE DRIVE
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 402,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,938.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,678.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032012874 MORTGAGORS: BANGLOY, TRUSTEE ELMER
BANGLOY, TRUSTEE LORIE
REGION CODE ADDRESS : 1900 WOODHOLLY COURT
01 CITY : GLENDALE
STATE/ZIP : CA 91207
MORTGAGE AMOUNT : 495,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,026.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,378.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.90000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,848,550.00
P & I AMT: 12,414.02 UPB AMT: 1,842,166.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 161
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032012890 MORTGAGORS: SHAHNAZARIAN KHATCHADOUR
SHAHNAZARIAN NEVART
REGION CODE ADDRESS : 11436 PALA MESA DR
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,249.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.50000
----------------------------------------------------------------------------
0 0032012908 MORTGAGORS: YOUNESSIAN MICHAEL
REGION CODE ADDRESS : 65 ARROYO SECO
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,483.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.07700
----------------------------------------------------------------------------
0 0032012916 MORTGAGORS: WARREN THOMAS
WARREN MISTELLE
REGION CODE ADDRESS : 101 MARANATHA DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 39659
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,508.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032012924 MORTGAGORS: UNDERWOOD ARCH
UNDERWOOD PAMELA
REGION CODE ADDRESS : 15376 RUNNING DEER TRAIL
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 301,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,504.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.04200
----------------------------------------------------------------------------
0 0032012932 MORTGAGORS: WAUMANS MARK
WAUMANS KATHERINE
REGION CODE ADDRESS : 2430 BYRON PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,513.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,571,000.00
P & I AMT: 10,593.23 UPB AMT: 1,567,259.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 162
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032012940 MORTGAGORS: SCHMIDT PHILIP
SCHMIDT KAREN
REGION CODE ADDRESS : 14 TREMOUNT WAY
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 312,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,841.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,131.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.50400
----------------------------------------------------------------------------
0 0032012957 MORTGAGORS: RADETSKY DEAN
RADETSKY CHERYL
REGION CODE ADDRESS : 438 MEDIAN WAY
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 599,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,262.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,087.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032012965 MORTGAGORS: MOVASSAGHI ANGELA
REGION CODE ADDRESS : 121 NORTH ALMONT DRIVE #103
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,408.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032012973 MORTGAGORS: NELSON DAVID
DESMOND MARY
REGION CODE ADDRESS : 846 AVENUE C
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,600.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29\
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.71000
----------------------------------------------------------------------------
0 0032012981 MORTGAGORS: ANZALONE STEPHEN
ANZALONE KIMBERLY
REGION CODE ADDRESS : 16436 E LA CHIQUITA AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95035
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 : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 21.69400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,866,600.00
P & I AMT: 12,797.75 UPB AMT: 1,863,636.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 163
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032012999 MORTGAGORS: OVANESSIAN GREGORY
OVANESSIAN ROOBINA
REGION CODE ADDRESS : 3358 MARISMA STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,563.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.76100
----------------------------------------------------------------------------
0 0032013005 MORTGAGORS: MC MAHON ROBERT
MC MAHON JOANNE
REGION CODE ADDRESS : 31024 ALISO CIRCLE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 514,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 513,334.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,594.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.12600
----------------------------------------------------------------------------
0 0032013013 MORTGAGORS: BARGE RICHARD
REGION CODE ADDRESS : 871-873 ASHBURY STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 391,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,417.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,733.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.40700
----------------------------------------------------------------------------
0 0032013047 MORTGAGORS: BARNES ROBERT
BARNES JOAN
REGION CODE ADDRESS : 24068 W. REGENTS PARK CIRCLE
01 CITY : VALENCIA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 361,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,278.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,432.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.08300
----------------------------------------------------------------------------
0 0032013054 MORTGAGORS: FELDIS JOHN
FELDIS MARJORIE
REGION CODE ADDRESS : 2212 MARMONDA DRIVE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.90000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,939,100.00
P & I AMT: 13,401.70 UPB AMT: 1,934,999.85
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 164
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013062 MORTGAGORS: GREELEY LOUISE
REGION CODE ADDRESS : 16 SWIFT COURT
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 241,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,240.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.11900
----------------------------------------------------------------------------
0 0032013070 MORTGAGORS: HASHEM MEHRZAD
HASHEM MEHRDAD
REGION CODE ADDRESS : 17634 PALORA STREET
01 CITY : ENCINO
STATE/ZIP : CA 91316
MORTGAGE AMOUNT : 418,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 417,312.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,780.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032013104 MORTGAGORS: KORNBLUM HARLEY
CRANDALL CAROLYN
REGION CODE ADDRESS : 2400 BANYAN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,411.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,761.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 51.09900
----------------------------------------------------------------------------
0 0032013120 MORTGAGORS: HOWE DOUGLAS
HOWE DEBRA
REGION CODE ADDRESS : 6041 JASONWOOD DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,104.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,319.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.91300
----------------------------------------------------------------------------
0 0032013146 MORTGAGORS: KOFFLER WILLIAM
KOFFLER ROBERTA
REGION CODE ADDRESS : 314 SOUTH NARDO AVENUE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,267.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,315.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,874,600.00
P & I AMT: 12,866.83 UPB AMT: 1,871,336.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 165
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013161 MORTGAGORS: LOUIE PEARL
REGION CODE ADDRESS : 153 14TH AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,031.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032013187 MORTGAGORS: KARRIS ADRIAN
KARRIS BETTY
REGION CODE ADDRESS : 1166 DUNSYRE DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,488.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,230.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 42.19300
----------------------------------------------------------------------------
0 0032013211 MORTGAGORS: CHAN JOSEPH
CHAN HELENA
REGION CODE ADDRESS : 2228 OCEANSIDE WAY
01 CITY : SAN LEANDRO
STATE/ZIP : CA 94579
MORTGAGE AMOUNT : 267,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,438.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,710.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0032013245 MORTGAGORS: TOOMEY MARTIN
TOOMEY LEARDICE
REGION CODE ADDRESS : 471 MONTORI COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 469,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,839.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.20950
----------------------------------------------------------------------------
0 0032013252 MORTGAGORS: KRETSCHMER PAUL
KRETSCHMER JENNIFER
REGION CODE ADDRESS : 1019 YOSEMITE DRIVE
01 CITY : PACIFICA
STATE/ZIP : CA 94044
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,247.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.56250
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,653,750.00
P & I AMT: 11,053.02 UPB AMT: 1,650,046.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 166
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013286 MORTGAGORS: BOEHLER KAREN
BOEHLER BROOK
REGION CODE ADDRESS : 17694 CHATEAU COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,494.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.45940
----------------------------------------------------------------------------
0 0032013302 MORTGAGORS: NIIRO JON
REGION CODE ADDRESS : 2825 PLAZA DEL AMO #106
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,793.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.75000
----------------------------------------------------------------------------
0 0032013393 MORTGAGORS: YOUNG LELAH
YOUNG ALVIN
REGION CODE ADDRESS : 4874O FLAGSTAFF COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,678.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032013419 MORTGAGORS: MEROLA KENNETH
MEROLA DANA
REGION CODE ADDRESS : 6334 AQUARIUS AVENUE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,126.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.73529
----------------------------------------------------------------------------
0 0032013435 MORTGAGORS: MILLER KENNETH
MILLER ROBYN
REGION CODE ADDRESS : 3412 BOWFIN AVENUE SAN PEDRO (AREA)
01 CITY : LOS ANGELES
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,524.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.94871
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,422,000.00
P & I AMT: 9,658.95 UPB AMT: 1,419,617.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 167
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013450 MORTGAGORS: REINSCH RONALD
REGION CODE ADDRESS : 6529 VISTA DEL MAR
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 505,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,575.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,317.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 50.50000
----------------------------------------------------------------------------
0 0032013492 MORTGAGORS: COLGROVE NEIL
REGION CODE ADDRESS : 2153 VIA TECA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 332,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,520.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,186.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98077
----------------------------------------------------------------------------
0 0032013500 MORTGAGORS: COOKE ROBERT
COOKE MICHELE
REGION CODE ADDRESS : 420 CAMILLE CIRCLE #16
01 CITY : SAN JOSE
STATE/ZIP : CA 95134
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032013534 MORTGAGORS: CARDOZA JASON
CARDOZA LORI
REGION CODE ADDRESS : 111 MILLS PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 245,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,943.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.98530
----------------------------------------------------------------------------
0 0032013591 MORTGAGORS: KAY KRISTOPHER
KAY TAMRA
REGION CODE ADDRESS : 5212 CHABLIS CIRCE
01 CITY : IRVINE
STATE/ZIP : CA 92604
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.92200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,699,100.00
P & I AMT: 11,313.12 UPB AMT: 1,697,528.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 168
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013617 MORTGAGORS: LAMBERT ROBERT
LAMBERT PATRICIA
REGION CODE ADDRESS : 7241 WHITEHALL LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,580.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,047.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------------------
0 0032013633 MORTGAGORS: CARRENO NICOLAS
CARRENO STELLA
REGION CODE ADDRESS : 348 PALISADES DRIVE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93109
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,022.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.23800
----------------------------------------------------------------------------
0 0032013690 MORTGAGORS: BARSHAY SCOTT
PENN RACHEL
REGION CODE ADDRESS : 854 SANTA BARBARA ROAD
01 CITY : BERKELEY
STATE/ZIP : CA 94707
MORTGAGE AMOUNT : 419,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,164.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,826.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.66100
----------------------------------------------------------------------------
0 0032013716 MORTGAGORS: KIAFAR ALI
KIAFAR JINOUS
REGION CODE ADDRESS : 16566 PARK LANE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,139.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,751.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.70500
----------------------------------------------------------------------------
0 0032013724 MORTGAGORS: MAH MEADINE
REGION CODE ADDRESS : 1050 LELAND DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,989,000.00
P & I AMT: 13,218.30 UPB AMT: 1,986,693.03
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 169
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013740 MORTGAGORS: SARKISSIAN VAHE
SARKISSIAN SUSAN
REGION CODE ADDRESS : 1308 CALLE CECELIA
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 339,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,628.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032013773 MORTGAGORS: SLAKOFF STUART
SLAKOFF CARRIE
REGION CODE ADDRESS : 23335 HAPPY VALLEY DRIVE
01 CITY : NEWHALL
STATE/ZIP : CA 91321
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,384.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,397.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.49400
----------------------------------------------------------------------------
0 0032013781 MORTGAGORS: WALKER JAMES
WALKER CHRISTINE
REGION CODE ADDRESS : 50 ST.LUKE COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,557.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,930.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.19200
----------------------------------------------------------------------------
0 0032013807 MORTGAGORS: BRADFORD BERNARD
BRADFORD GAIL
REGION CODE ADDRESS : 8 DAMARA
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,512.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032013823 MORTGAGORS: CANTER PAUL
CARTER JUNE
REGION CODE ADDRESS : 3962 TARRYBRAE TERRACE
01 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,399.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.36300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,656,200.00
P & I AMT: 11,033.14 UPB AMT: 1,653,482.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 170
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013831 MORTGAGORS: KATZ AVISHAY
KATZ MAAYAN
REGION CODE ADDRESS : 2642 RAMONA STREET
01 CITY : PALO ALTA
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 640,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 638,973.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,311.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.56300
----------------------------------------------------------------------------
0 0032013849 MORTGAGORS: JORY IAN
REGION CODE ADDRESS : 861 12TH COURT
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,526.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.83100
----------------------------------------------------------------------------
0 0032013872 MORTGAGORS: SHAPIRO ALAN
SHAPIRO MAUREEN
REGION CODE ADDRESS : 513 HILLGREEN DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90212
MORTGAGE AMOUNT : 485,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 484,202.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,226.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 51.05200
----------------------------------------------------------------------------
0 0032013880 MORTGAGORS: VISBAL JONATHAN
REGION CODE ADDRESS : 3008 HILLSIDE DRIVE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,177.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 38.46100
----------------------------------------------------------------------------
0 0032014060 MORTGAGORS: STOUT CHARLES
STOUT KAREN
REGION CODE ADDRESS : 5502 SUN CLOUD COURT
01 CITY : CONCORD
STATE/ZIP : CA 94521
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,528.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,193,000.00
P & I AMT: 14,620.53 UPB AMT: 2,189,408.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 171
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032014078 MORTGAGORS: BULOTTI JAMES
BULOTTI JENNIFER
REGION CODE ADDRESS : 864 BROWN DRIVE
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 386,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,495.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,633.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032014151 MORTGAGORS: RICHARDT RANDAL
RICHARDT JOCELYN
REGION CODE ADDRESS : 1141 MOUNTAIN QUAIL CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.59700
----------------------------------------------------------------------------
0 0032014334 MORTGAGORS: PATEL BABOOLAL
PATEL GITABEN
REGION CODE ADDRESS : 231 ROSILIE STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,225.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032014409 MORTGAGORS: O'CONNOR JOSEPH
O'CONNOR CLAUDIA
REGION CODE ADDRESS : 10 RED ROCK LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.58800
----------------------------------------------------------------------------
0 0032014425 MORTGAGORS: GOKBUDAK BRENT
GOLDEN TRACY
REGION CODE ADDRESS : 4141 COLDSTREAM TERRACE,(TAZANA ARE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,691.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,410.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.96000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,694,850.00
P & I AMT: 11,440.93 UPB AMT: 1,692,703.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 172
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032014466 MORTGAGORS: FOX MICHAEL
FOX NANCY
REGION CODE ADDRESS : 32444 MICHIGAN AVENUE
01 CITY : ACTON AREA
STATE/ZIP : CA 93510
MORTGAGE AMOUNT : 255,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,890.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.71800
----------------------------------------------------------------------------
0 0032014482 MORTGAGORS: GILBERT DAVID
GILBERT GAYE
REGION CODE ADDRESS : 25212 MAMMOTH CIRCLE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,742.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.46100
----------------------------------------------------------------------------
0 0032014508 MORTGAGORS: BRONSON MITCHELL
BRONSON SHERRY
REGION CODE ADDRESS : 3118 PUENTE STREET
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,791.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.37500
----------------------------------------------------------------------------
0 0032014540 MORTGAGORS: TULLY STEPHEN
TULLY MARY
REGION CODE ADDRESS : 1142 PEMBROKE LANE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,546.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,680.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/24
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.25100
----------------------------------------------------------------------------
0 0032014631 MORTGAGORS: BLACK PATRICK
BLACK KELLY
REGION CODE ADDRESS : 2 CAMEO COURT
01 CITY : IRVINE
STATE/ZIP : CA 92602
MORTGAGE AMOUNT : 291,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,961.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,481,300.00
P & I AMT: 10,015.04 UPB AMT: 1,479,933.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 173
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032014649 MORTGAGORS: BAIRD MICHAEL
BAIRD LESLIE
REGION CODE ADDRESS : 45045 CALLE CUESTA
01 CITY : TEMECULA
STATE/ZIP : CA 92590
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,455.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032014656 MORTGAGORS: DERYLO JOHN
REGION CODE ADDRESS : 25500 LOMA PRIETA AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95031
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,499.22 ANNUAL RATE ADJUST:\
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.74500
----------------------------------------------------------------------------
0 0032014664 MORTGAGORS: SULLIVAN CHRISTOPHER
SULLIVAN HELENA
REGION CODE ADDRESS : 4948 VALLEY WILLOW WAY
01 CITY : ELK GROVE
STATE/ZIP : CA 95758
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,556.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.37500
----------------------------------------------------------------------------
0 0032014672 MORTGAGORS: THOMAS FREDERICK
THOMAS SANDRA
REGION CODE ADDRESS : 589 EQUESTRIAN WAY
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,327.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.63040
----------------------------------------------------------------------------
0 0032014722 MORTGAGORS: JAMES GREGORY
JAMES ARLENE
REGION CODE ADDRESS : 63 GARDEN GROVE DRIVE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,480,000.00
P & I AMT: 10,006.79 UPB AMT: 1,477,625.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 174
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032014888 MORTGAGORS: SHEIK SHARF
SHEIK IQBAL
REGION CODE ADDRESS : 7109 EAST DRAKE DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,773.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032015224 MORTGAGORS: COATAR JOSEPH
COATAR M.
REGION CODE ADDRESS : 20701 THORNWOOD DR
01 CITY : OLYPMIA FIELDS
STATE/ZIP : IL 60461
MORTGAGE AMOUNT : 172,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 172,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,247.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032015265 MORTGAGORS: GLOVER DON
GLOVER VICKI
REGION CODE ADDRESS : 650 NORTHWEST 76TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 198,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 198,598.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,372.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 73.61100
----------------------------------------------------------------------------
0 0032015638 MORTGAGORS: LIVSTONE MITCHELL
LIVSTONE LISA
REGION CODE ADDRESS : 55 GAGE ROAD
01 CITY : BEDFORD
STATE/ZIP : NH 03110
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,604.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032015679 MORTGAGORS: RODRIGUEZ FEDERICO
REGION CODE ADDRESS : 1676 CARRIAGE BROOKE DRIVE
01 CITY : WELLINGTON
STATE/ZIP : FL 33414
MORTGAGE AMOUNT : 113,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 903.85 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.87500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,166,350.00
P & I AMT: 7,901.52 UPB AMT: 1,165,971.94
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 175
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032015752 MORTGAGORS: JOHNSON CARROLL
JOHNSON KATHLEEN
REGION CODE ADDRESS : 3148 SAINT CHARLES PLACE
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21043
MORTGAGE AMOUNT : 258,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,448.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,764.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.47500
----------------------------------------------------------------------------
0 0032015893 MORTGAGORS: ROSE PATRICK
ROSE MAUREEN
REGION CODE ADDRESS : 6 MOUNTAINBROOK
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 413,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,161.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,751.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.28972
----------------------------------------------------------------------------
0 0032015968 MORTGAGORS: VILLEGAS ALCIRA
PABON FREDY
REGION CODE ADDRESS : 40 MITCHELL PLACE
01 CITY : GREENWICH
STATE/ZIP : CT 06831
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,588.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.01300
----------------------------------------------------------------------------
0 0032015984 MORTGAGORS: ROMERO ROBERT
KOERING-ROMERO JILL
REGION CODE ADDRESS : 725 COAST RANGE DRIVE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 276,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,589.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032016040 MORTGAGORS: GOODIN DOUGLAS
VIOLICH-GOODIN CARMEN
REGION CODE ADDRESS : 278 ALVARADO ROAD
01 CITY : BERKELEY
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,640.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,259.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.63600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,650,950.00
P & I AMT: 11,275.82 UPB AMT: 1,649,839.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 176
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032016156 MORTGAGORS: GOMEZ GILBERT
GOMEZ ROBERTA
REGION CODE ADDRESS : 137 ANDERSON DRIVE
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 264,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,065.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.97600
----------------------------------------------------------------------------
0 0032016172 MORTGAGORS: SPENCER GREGORY
SPENCER CATHLEEN
REGION CODE ADDRESS : 17390 TRESTLE PASS ROAD
01 CITY : BOULDER CREEK
STATE/ZIP : CA 95006
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,700.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.40000
----------------------------------------------------------------------------
0 0032016388 MORTGAGORS: FONG GARY
FONG ROBERTA
REGION CODE ADDRESS : 20414 GLENWOOD DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 276,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,979.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,860.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.05400
----------------------------------------------------------------------------
0 0032016404 MORTGAGORS: MOLONEY JAMES
MOLONEY FLORENCE
REGION CODE ADDRESS : 1224 SESAME COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.81400
----------------------------------------------------------------------------
0 0032016487 MORTGAGORS: JEWELL GLORIA
REGION CODE ADDRESS : 1264 ANACAPA WAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 529,128.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,526.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.29700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,777,700.00
P & I AMT: 11,879.52 UPB AMT: 1,775,325.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 177
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032016495 MORTGAGORS: DESOTO KELLEY
DESOTO CHRISTOPHER
REGION CODE ADDRESS : 113 LOIRE COURT
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 265,022.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,804.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0032016503 MORTGAGORS: ROBERTS ANTHONY
ROBERTS SYLVIA
REGION CODE ADDRESS : 1825 SAPHIRE WAY
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,552.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.18700
----------------------------------------------------------------------------
0 0032016529 MORTGAGORS: NEVARES ERNEST
NEVARES SHARON
REGION CODE ADDRESS : 13219 IRONBARK WAY
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,200.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.22222
----------------------------------------------------------------------------
0 0032016537 MORTGAGORS: DERANGO GREG
SIPPLE SANDRA
REGION CODE ADDRESS : 50 SUNNY OAKS DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,057.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0032016545 MORTGAGORS: LEFFLER LARRY
LEFFLER KATHY
REGION CODE ADDRESS : 665 COLDBROOK PLACE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,441,522.00
P & I AMT: 9,780.84 UPB AMT: 1,439,336.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 178
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032016560 MORTGAGORS: PETERSON BRYAN
PETERSON KATHLEEN
REGION CODE ADDRESS : 6 HARVEST COURT
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,236.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.36500
----------------------------------------------------------------------------
0 0032016578 MORTGAGORS: THOMAS GREGORY
THOMAS LESLIE
REGION CODE ADDRESS : 837 WINDSOR HILLS CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,919.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.49300
----------------------------------------------------------------------------
0 0032016602 MORTGAGORS: GARCIA JOHN
GARCIA STEPHANIE
REGION CODE ADDRESS : 3660 CIENEGA DRIVE
01 CITY : BONITA
STATE/ZIP : CA 91902
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,517.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.00000
----------------------------------------------------------------------------
0 0032016644 MORTGAGORS: HOWE LAWRENCE
HOWE ARLENE
REGION CODE ADDRESS : 4165 TAMBOR ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032016842 MORTGAGORS: MEYER MARK
MEYER COURTNEY
REGION CODE ADDRESS : 1340 UNIVERSITY AVENUE
01 CITY : PALO ALTO
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,738.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,461.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,702,500.00
P & I AMT: 11,788.83 UPB AMT: 1,700,016.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 179
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032016875 MORTGAGORS: NELSON RONALD
NELSON PAULA
REGION CODE ADDRESS : 16618 OAK VIEW COURT
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 431,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,610.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,724.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 61.57100
----------------------------------------------------------------------------
0 0032016883 MORTGAGORS: WEBER ROBERT
WEBER DAWN
REGION CODE ADDRESS : 2408 NORTH OLIVE LANE
01 CITY : SANTA ANA
STATE/ZIP : CA 92706
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,787.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.28500
----------------------------------------------------------------------------
0 0032016891 MORTGAGORS: KREMS STEVEN
MACKINNON LESLEY
REGION CODE ADDRESS : 740 HAVERFORD AVENUE
01 CITY : PACIFIC PALISADES AREA
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,386.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,391.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.30400
----------------------------------------------------------------------------
0 0032017154 MORTGAGORS: KANE EDWARD
KANE ELIZABETH
REGION CODE ADDRESS : 1728 BUTLER PIKE
01 CITY : AMBLER
STATE/ZIP : PA 19002
MORTGAGE AMOUNT : 275,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,484.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0032017576 MORTGAGORS: PATEL JAYANTILAL
PATEL KALA
REGION CODE ADDRESS : 6812 EDDINGHILL DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 469,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,105.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,084.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.25000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,793,200.00
P & I AMT: 11,742.54 UPB AMT: 1,791,374.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 180
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032017634 MORTGAGORS: KENDALL RAYMOND
KENDALL LISE
REGION CODE ADDRESS : 3811 SKYFARM DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 342,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,936.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 41.51500
----------------------------------------------------------------------------
0 0032017741 MORTGAGORS: WILKINSON HOWARD
WILKINSON CAROLYN
REGION CODE ADDRESS : 19525 HIGH BLUFF LANE
01 CITY : BARHAMSVILLE
STATE/ZIP : VA 23011
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,705.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032017873 MORTGAGORS: ARBUES RICHARD
ARBUES KATHI JO
REGION CODE ADDRESS : 25902 FAIRCOURT LANE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
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 : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.63636
----------------------------------------------------------------------------
0 0032017907 MORTGAGORS: GIANNINI HORACE
REGION CODE ADDRESS : 89 LINCOLN DRIVE
01 CITY : SAUSALITO
STATE/ZIP : CA 94965
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 : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.34000
----------------------------------------------------------------------------
0 0032017949 MORTGAGORS: AU JAMES
WRIGHT CAROLYN
REGION CODE ADDRESS : 1836 MIRABELLA DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 316,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,892.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,183.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,771,650.00
P & I AMT: 12,179.84 UPB AMT: 1,769,438.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 181
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032017964 MORTGAGORS: APARICIO GABRIEL
APARICIO MARGARET
REGION CODE ADDRESS : 1570 VAN PATTEN DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,763.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032017998 MORTGAGORS: LUDWIG STEPHEN
LUDWIG DANA
REGION CODE ADDRESS : 147 CORLISS DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,644.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,991.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032018020 MORTGAGORS: CLARK TERESA
REGION CODE ADDRESS : 3093 PORTER CREEK ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 40.83300
----------------------------------------------------------------------------
0 0032018087 MORTGAGORS: PEPYS TIFFANY
REGION CODE ADDRESS : 604 POINSETTIA AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,229.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,686.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 64.39300
----------------------------------------------------------------------------
0 0032018111 MORTGAGORS: WECKER ROBERT
WECKER VIRGINIA
REGION CODE ADDRESS : 1036 WEST 37TH STREET
01 CITY : SAN PEDRO AREA
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,363.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,770,000.00
P & I AMT: 11,690.02 UPB AMT: 1,767,818.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 182
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032018145 MORTGAGORS: BANIANI MOHAMMAD
BANIANI SOHEILA
REGION CODE ADDRESS : 18314 BAYLOR AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,720.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,107.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0032018152 MORTGAGORS: ROSETE RODOLFO
ROSETE NIEVES
REGION CODE ADDRESS : 1235 FLEMING AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 335,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,463.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.02300
----------------------------------------------------------------------------
0 0032018178 MORTGAGORS: CULATON RODRIGO
CULATON ERLINDA
REGION CODE ADDRESS : 145 VIENNA DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,764.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.27600
----------------------------------------------------------------------------
0 0032018194 MORTGAGORS: BRIDGE DONALD
BRIDGE JAN
REGION CODE ADDRESS : 13431 MONTSERRAT COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 299,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,248.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.86600
----------------------------------------------------------------------------
0 0032018285 MORTGAGORS: HANKINSON RAYMOND
HANKINSON LAURIE
REGION CODE ADDRESS : 47 SEASIDE COURT
01 CITY : MARGATE CITY
STATE/ZIP : NJ 08402
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,412.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,580,000.00
P & I AMT: 10,465.96 UPB AMT: 1,576,610.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 183
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032018293 MORTGAGORS: WEINSTEIN EDWARD
REGION CODE ADDRESS : 5 WATERSIDE CIRCLE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 391,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,887.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,635.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032018327 MORTGAGORS: MCGUIRE MICHAEL
MORTON CYNTHIA
REGION CODE ADDRESS : 1082 ARDMORE AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,775.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 46.14100
----------------------------------------------------------------------------
0 0032018343 MORTGAGORS: HALL DENNIS
HALL LESLIE
REGION CODE ADDRESS : 3875 MELISSA LANE,
01 CITY : CASTRO VALLEY,
STATE/ZIP : CA 94546
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.55700
----------------------------------------------------------------------------
0 0032018384 MORTGAGORS: TAFLINGER CORRINE
REGION CODE ADDRESS : 22086 ELSBERRY WAY
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 259,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,047.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.81400
----------------------------------------------------------------------------
0 0032018400 MORTGAGORS: SWEENEY STEVEN
SWEENEY CYNTHIA
REGION CODE ADDRESS : 25514 VERONICA LANE
01 CITY : LOMITA
STATE/ZIP : CA 90717
MORTGAGE AMOUNT : 306,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,042.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.54400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,582,750.00
P & I AMT: 10,721.74 UPB AMT: 1,581,496.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 184
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032018418 MORTGAGORS: GARBIZO GARY
GARBIZO KAY
REGION CODE ADDRESS : 1110 DRAKE ROAD
01 CITY : ARCADIA
STATE/ZIP : CA 91007
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0032018434 MORTGAGORS: PARK ROBERT
PARK DIANE
REGION CODE ADDRESS : 151 CREST ROAD
01 CITY : NOVATO
STATE/ZIP : CA 94945
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,604.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,868.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 71.68000
----------------------------------------------------------------------------
0 0032018442 MORTGAGORS: BASSO MICHAEL
BASSO THERESA
REGION CODE ADDRESS : 24932 AVENIDA LIBRE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,776.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.87800
----------------------------------------------------------------------------
0 0032018483 MORTGAGORS: FITZGERALD GARRET
FITZGERALD CATHERINE
REGION CODE ADDRESS : 730 CHURCH ROAD
01 CITY : WAYNE
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 636,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 636,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,397.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.67000
----------------------------------------------------------------------------
0 0032018509 MORTGAGORS: ESTRELLA WANDA
ESTRELLA ELENA
REGION CODE ADDRESS : 949 FARRAGUT DRIVE
01 CITY : TEANECK
STATE/ZIP : NJ 07666
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,920,700.00
P & I AMT: 12,874.28 UPB AMT: 1,919,629.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 185
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032019028 MORTGAGORS: SORGE PASQUAL
SORGE MYRTLE
REGION CODE ADDRESS : 4419 HARBOR BEACH BOULEVARD
01 CITY : BRIGATINE
STATE/ZIP : NJ 08203
MORTGAGE AMOUNT : 84,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 84,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 601.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0032019051 MORTGAGORS: BAKER JOHN
BAKER SHERRY
REGION CODE ADDRESS : 6331 WEST 98TH DRIVE
01 CITY : WESTMINSTER
STATE/ZIP : CO 80021
MORTGAGE AMOUNT : 277,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,889.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99600
----------------------------------------------------------------------------
0 0032019135 MORTGAGORS: KAO KENNETH
KAO JAMES
REGION CODE ADDRESS : 438-438 1/2 DAHLIA PLACE
01 CITY : CORONA DEL MAR AREA
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,613.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,140.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032019192 MORTGAGORS: TRIMBLE DARRELL
TRIMBLE LISA
REGION CODE ADDRESS : 813 TUNBRIDGE ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,645.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,772.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.93900
----------------------------------------------------------------------------
0 0032019275 MORTGAGORS: COX ROBERT
CUTTS SUZANNE
REGION CODE ADDRESS : 60 HARTFORD STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,696.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.38000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,635,100.00
P & I AMT: 10,988.25 UPB AMT: 1,633,843.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 186
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032019283 MORTGAGORS: MEKSTO THOMAS
MEKSTO SHERI
REGION CODE ADDRESS : 3663 BAYONNE DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,596.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,273.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032019325 MORTGAGORS: TRASKY VICTOR
TRASKY DONNA
REGION CODE ADDRESS : 7 NEW JERSEY AVENUE
01 CITY : JACKSON
STATE/ZIP : NJ 08527
MORTGAGE AMOUNT : 139,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 139,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,012.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 250
LTV : 93.06600
----------------------------------------------------------------------------
0 0032019333 MORTGAGORS: CANUP ERIC
CANUP CYNTHIA
REGION CODE ADDRESS : 27 CAPRICORN AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,662.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032019341 MORTGAGORS: LIU KENT
CHEN ANN
REGION CODE ADDRESS : 4532 MACKINAW STREET
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,777.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.24000
----------------------------------------------------------------------------
0 0032019374 MORTGAGORS: GODDARD WILLIAM
GODDARD LAURAN
REGION CODE ADDRESS : 1775 PHEASANT RUN TERRACE
01 CITY : BRENTWOOD
STATE/ZIP : CA 94513
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,440.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,521,600.00
P & I AMT: 10,270.12 UPB AMT: 1,520,078.06
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 187
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032019473 MORTGAGORS: CARSTEN BRIAN
REGION CODE ADDRESS : 9775 N. SILVER CREEK RD.
01 CITY : PARK CITY
STATE/ZIP : UT 84098
MORTGAGE AMOUNT : 353,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,003.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.08900
----------------------------------------------------------------------------
0 0032019606 MORTGAGORS: COIMBRA RAUL
COIMBRA SANDRA
REGION CODE ADDRESS : 10790 CARRILLON COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,572.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032019614 MORTGAGORS: ORANGE SCOTT
BERGER BETH
REGION CODE ADDRESS : 22608 NE 20TH PLACE
01 CITY : REDMOND
STATE/ZIP : WA 98053
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 93.75000
----------------------------------------------------------------------------
0 0032019796 MORTGAGORS: ELSEMAN SVEN
ELSEMAN DEANNE
REGION CODE ADDRESS : 8632 E SUNNYWALK LANE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 269,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,306.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0032019960 MORTGAGORS: SAWAYA EUGENE
SAWAYA LANA
REGION CODE ADDRESS : 6621 PAGEANT DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,467.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.28500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,857,850.00
P & I AMT: 12,379.97 UPB AMT: 1,856,349.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 188
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032019986 MORTGAGORS: HIGGINS DOUGLAS
REGION CODE ADDRESS : 12350 LAKE FOREST DRIVE
01 CITY : AZLE
STATE/ZIP : TX 76020
MORTGAGE AMOUNT : 102,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 102,202.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 769.30 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032019994 MORTGAGORS: LEW HENRY
IWATA DIANE
REGION CODE ADDRESS : 1771 29TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032020018 MORTGAGORS: RAHM RICHARD
RAHM MIHO
REGION CODE ADDRESS : 18 WOODCREST DRIVE
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,672.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,654.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032020026 MORTGAGORS: PLEDGER JOHN
HICKS-PLEDGER JULIA
REGION CODE ADDRESS : 54 SPRING LANE
01 CITY : FAIRFAX
STATE/ZIP : CA 94930
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,505.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032020042 MORTGAGORS: CRAGO STEPHEN
CRAGO KAREN
REGION CODE ADDRESS : 10113 NORTH PONDEROSA DRIVE
01 CITY : FRESNO
STATE/ZIP : CA 93720
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,738.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.75000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,408,400.00
P & I AMT: 9,540.37 UPB AMT: 1,406,903.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 189
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020067 MORTGAGORS: MULA BHAGAVATHI
MULA BRENDA
REGION CODE ADDRESS : 3039 VIN GRANDE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
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 : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.36800
----------------------------------------------------------------------------
0 0032020083 MORTGAGORS: HARRIS MICHAEL
HARRIS JANINE
REGION CODE ADDRESS : 1615 OAK TREE LANE
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,726.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.03300
----------------------------------------------------------------------------
0 0032020109 MORTGAGORS: PERRY MARK
PERRY CANDY
REGION CODE ADDRESS : 7770 COVENTRY DRIVE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 367,345.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,345.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,413.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.46900
----------------------------------------------------------------------------
0 0032020117 MORTGAGORS: KRAVITZ DAVID
KRAVITZ ELLEN
REGION CODE ADDRESS : 2944 ALPINE WAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,479.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.66600
----------------------------------------------------------------------------
0 0032020166 MORTGAGORS: RASCHE WILLIAM
RASCHE LISA
REGION CODE ADDRESS : 1048 KAREN WAY
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,727.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.91500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,619,345.00
P & I AMT: 10,687.33 UPB AMT: 1,617,807.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 190
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020216 MORTGAGORS: BOWES CANDACE
REGION CODE ADDRESS : 29221 HEATHER CLIFF RD #15,
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 325,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,151.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,139.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.97200
----------------------------------------------------------------------------
0 0032020240 MORTGAGORS: HEBDING MILES
REGION CODE ADDRESS : 8016 EAST TARMA STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,490.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 86.11100
----------------------------------------------------------------------------
0 0032020257 MORTGAGORS: RIVERA MARCELO
REGION CODE ADDRESS : 2467 OAK PARK WAY #104
01 CITY : ORLANDO
STATE/ZIP : FL 32822
MORTGAGE AMOUNT : 40,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 40,672.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 298.64 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 84.96800
----------------------------------------------------------------------------
0 0032020299 MORTGAGORS: GARCIA MIGUEL
SCHOLZ CATHY
REGION CODE ADDRESS : 10345 KEOKUK AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,538.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.28500
----------------------------------------------------------------------------
0 0032020315 MORTGAGORS: STAUFFER WILLIAM
STAUFFER GERALDINE
REGION CODE ADDRESS : 172 MILL ROAD
01 CITY : EVESHAM TOWNSHIP
STATE/ZIP : NJ 08053
MORTGAGE AMOUNT : 129,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 129,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,059.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/19
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 68.25300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,079,400.00
P & I AMT: 7,359.71 UPB AMT: 1,077,852.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 191
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020323 MORTGAGORS: EVENSEN CRAIG
EVENSEN SUSAN
REGION CODE ADDRESS : 32235 FALL RIVER ROAD
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,524.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.33300
----------------------------------------------------------------------------
0 0032020349 MORTGAGORS: BROWN LESLIE
MARTIN-BROWN TERRY
REGION CODE ADDRESS : 5550 WEST 61ST STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90056
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,447.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.19000
----------------------------------------------------------------------------
0 0032020356 MORTGAGORS: BARRETO ROGER
BARRETO JANET
REGION CODE ADDRESS : 29216 MIRA VISTA
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.54500
----------------------------------------------------------------------------
0 0032020364 MORTGAGORS: KLOSKOWSKI EDWARD
KLOSKOWSKI KERRY
REGION CODE ADDRESS : 11 ELISHIA DRIVE
01 CITY : ALLENTOWN
STATE/ZIP : NJ 08501
MORTGAGE AMOUNT : 288,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,624.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.99200
----------------------------------------------------------------------------
0 0032020372 MORTGAGORS: WONG ARTHUR
WONG SANDY
REGION CODE ADDRESS : 2708 CAMDEN PLACE
01 CITY : ROWLAND HEIGHTS
STATE/ZIP : CA 91748
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.58600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,578,350.00
P & I AMT: 10,558.12 UPB AMT: 1,576,264.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 192
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020380 MORTGAGORS: PRICE JAY
STAHL PAULA
REGION CODE ADDRESS : 13615 DONNER PASS ROAD
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,312.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,581.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 48.24200
----------------------------------------------------------------------------
0 0032020406 MORTGAGORS: PICKETT JAMES
PICKETT LISA
REGION CODE ADDRESS : 20671 PAISLEY LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 340,490.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,196.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.00000
----------------------------------------------------------------------------
0 0032020422 MORTGAGORS: HALLBERG NIKLAS
REGION CODE ADDRESS : 2098 CRESCENT DRIVE
01 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,549.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,659.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.82900
----------------------------------------------------------------------------
0 0032020455 MORTGAGORS: WHITE THEODORE
WHITE JUTTA
REGION CODE ADDRESS : 45 LA PURISIMA
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,528.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032020489 MORTGAGORS: ABELING ANTHONY
ABELING PATRICIA
REGION CODE ADDRESS : 1771 VIA LADERA
01 CITY : LA HABRA HEIGHTS
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 270,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,278.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.25900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,838,990.00
P & I AMT: 12,088.07 UPB AMT: 1,836,865.16
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 193
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020513 MORTGAGORS: SEABOCK MICHAEL
SEABOCK BECKY
REGION CODE ADDRESS : 342 FOX HILLS DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.82000
----------------------------------------------------------------------------
0 0032020521 MORTGAGORS: BRANDON CECIL
STRAUSSMAN-BRANDON JOAN
REGION CODE ADDRESS : 71 FERGUSON ROAD
01 CITY : WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,368.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.39700
----------------------------------------------------------------------------
0 0032020547 MORTGAGORS: BEAL RICHARD
BEAL CINDYLU
REGION CODE ADDRESS : 112 CAMBRIDGE DRIVE
01 CITY : BERKELEY HEIGHTS
STATE/ZIP : NJ 07922
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,267.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.13800
----------------------------------------------------------------------------
0 0032020562 MORTGAGORS: ELSENBAUMER RONALD
ELSENBAUMER LINDA
REGION CODE ADDRESS : 2325 STONE BRIDGE DR
01 CITY : ARLINGTON
STATE/ZIP : TX 76006
MORTGAGE AMOUNT : 275,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,968.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032020588 MORTGAGORS: BOCK JOHN
CONLON MEGAN
REGION CODE ADDRESS : 4212 N. DAMEN AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60618
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,317,950.00
P & I AMT: 8,873.36 UPB AMT: 1,316,372.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 194
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032021024 MORTGAGORS: AAVIK MARTIN
AAVIK DALA
REGION CODE ADDRESS : 4535 N. SEELEY AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60625
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.69565
----------------------------------------------------------------------------
0 0032021081 MORTGAGORS: MEYER DONALD
MEYER D
REGION CODE ADDRESS : 7884 E HENDRICKS COUNTY RD
01 CITY : MOORESVILLE
STATE/ZIP : IN 46158
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.39500
----------------------------------------------------------------------------
0 0032021255 MORTGAGORS: MANDEL LEE
MANDEL RANDI
REGION CODE ADDRESS : 10505 BERMUDA DRIVE
01 CITY : COOPER CITY
STATE/ZIP : FL 33026
MORTGAGE AMOUNT : 289,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,518.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,952.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032021693 MORTGAGORS: ALFERA ROBERT
ALFERA MARSHA
REGION CODE ADDRESS : 6427 EAST NORMANDIE CIRCLE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,777.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.64700
----------------------------------------------------------------------------
0 0032021743 MORTGAGORS: LOFTUS PETER
BRUNETTA LESLIE
REGION CODE ADDRESS : 27-29 ROBERTS ROAD UNIT 29
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02138
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.82910
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,427,750.00
P & I AMT: 9,548.69 UPB AMT: 1,427,295.66
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 195
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032021875 MORTGAGORS: GERARDO RICHARD
REGION CODE ADDRESS : 1930 LAUREL CANYON BOULEVARD,
01 CITY : LOS ANGELES,
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 494,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,207.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,328.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.30800
----------------------------------------------------------------------------
0 0032021883 MORTGAGORS: HAYES II TERRENCE
HAYES SANDRA
REGION CODE ADDRESS : 1648 MARALISA COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032021891 MORTGAGORS: FARISS PEGGIE
REGION CODE ADDRESS : 418 HELIOTROPE AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,990.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,659.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032021917 MORTGAGORS: SIMPSON OLIVIA
REGION CODE ADDRESS : 313 ANDORA LANE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,689.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,430.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.72300
----------------------------------------------------------------------------
0 0032021933 MORTGAGORS: METCALF ROBERT
REGION CODE ADDRESS : 562 THALIA STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 367,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,191.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,414.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.69100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,961,500.00
P & I AMT: 12,961.26 UPB AMT: 1,958,815.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 196
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032021941 MORTGAGORS: BENTINCK WILLIAM
BENTINCK HEATHER
REGION CODE ADDRESS : 109 WORCESTER LANE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,603.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,100.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.00000
----------------------------------------------------------------------------
0 0032021958 MORTGAGORS: SAY JEROME
SAY CAROLYN
REGION CODE ADDRESS : 2805 VIA RIVERA
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 507,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 506,863.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,290.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.47100
----------------------------------------------------------------------------
0 0032021974 MORTGAGORS: WILLIS PHILLIP
WILLIS DEBRA
REGION CODE ADDRESS : 39864 SAN MORENO CT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 323,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,334.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.37300
----------------------------------------------------------------------------
0 0032021982 MORTGAGORS: YABLOCHNIK SOLOMON
YABLOCHNIK RIMMA
REGION CODE ADDRESS : 3964 FREDONIA DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 375,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,284.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,467.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.60000
----------------------------------------------------------------------------
0 0032022006 MORTGAGORS: RIDEOUT DARRYL
BILLYARD ELIZABETH
REGION CODE ADDRESS : 5058 SEA MIST COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92121
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,785.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.05100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,940,500.00
P & I AMT: 12,754.50 UPB AMT: 1,938,871.11
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 197
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032022014 MORTGAGORS: CLAY DAVID
CLAY SARAH
REGION CODE ADDRESS : 145 MEADOWCROFT DRIVE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,746.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.21500
----------------------------------------------------------------------------
0 0032022022 MORTGAGORS: GORCZYCKI JAREK
GORCZYCKI MARIAN
REGION CODE ADDRESS : 13411 RAND DR.
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 264,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,075.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.43820
----------------------------------------------------------------------------
0 0032022030 MORTGAGORS: JACOBS BRADLEY
JACOBS SUSAN
REGION CODE ADDRESS : 393 SAINT MARTIN DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,349.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,535.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.82500
----------------------------------------------------------------------------
0 0032022063 MORTGAGORS: DASCHBACH HOWARD
DASCHBACH CLAIRE
REGION CODE ADDRESS : 16901 SOUTH PACIFC AVENUE
01 CITY : SUNSET BEACH
STATE/ZIP : CA 90742
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,760.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 29.53300
----------------------------------------------------------------------------
0 0032022287 MORTGAGORS: WALSH WILLIAM
WALSH HEIDI
REGION CODE ADDRESS : 80 YORK BROOK ROAD
01 CITY : CANTON
STATE/ZIP : MA 02021
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.82700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,519,500.00
P & I AMT: 10,121.62 UPB AMT: 1,517,932.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 198
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032022394 MORTGAGORS: GODOWN CLINTON
GODOWN JANE
REGION CODE ADDRESS : 611 WAKEFIELD COURT #102
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032022477 MORTGAGORS: KARCHEFSKI DAVID
KARCHEFSKI SUSAN
REGION CODE ADDRESS : 2305 EAST VISTA CANYON ROAD
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,779.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.85700
----------------------------------------------------------------------------
0 0032022535 MORTGAGORS: LOUGHRAN JAY
REGION CODE ADDRESS : 1477 CRESTHAVEN LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032022550 MORTGAGORS: RIERA JOSEPH
RIERA BARBARA
REGION CODE ADDRESS : 134 MARVIN AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 544,553.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,625.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 43.60000
----------------------------------------------------------------------------
0 0032022576 MORTGAGORS: COLLINS MARK
NIEVES-COLLINS MARY
REGION CODE ADDRESS : 12887 BAYWIND POINT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,540.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,725.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,919,000.00
P & I AMT: 12,838.36 UPB AMT: 1,917,443.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 199
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032022642 MORTGAGORS: ENGEL STEPHEN
MANN TRACI
REGION CODE ADDRESS : 2122 VETERAN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,698.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.75400
----------------------------------------------------------------------------
0 0032022964 MORTGAGORS: TRINIDAD MICHELLE
STILL RICKEY
REGION CODE ADDRESS : 96 VIA ROBLES
01 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,769.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.46500
----------------------------------------------------------------------------
0 0032023434 MORTGAGORS: NOCK TIMOTHY
BECKVERMIT KELLI
REGION CODE ADDRESS : 9774 MARSHALL WAY
01 CITY : WESTMINSTER
STATE/ZIP : CO 80021
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,297.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.98500
----------------------------------------------------------------------------
0 0032023467 MORTGAGORS: DONAHOE TIMOTHY
PHILLIPS DONAHOE KAREN
REGION CODE ADDRESS : 17318 QUESAN PLACE
01 CITY : ENCINO
STATE/ZIP : CA 91316
MORTGAGE AMOUNT : 539,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 537,484.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,264.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/19
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.61290
----------------------------------------------------------------------------
0 0032023541 MORTGAGORS: MYSOREWALA AMIN
REGION CODE ADDRESS : 6169 BULLARD DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,699.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,626.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.73900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,843,000.00
P & I AMT: 13,087.05 UPB AMT: 1,839,950.46
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 200
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032023558 MORTGAGORS: YOKOYAMA MARK
REGION CODE ADDRESS : 731 EAST HERMOSA DRIVE
01 CITY : FULLERTON
STATE/ZIP : CA 92835
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,627.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,884.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 86.22900
----------------------------------------------------------------------------
0 0032023574 MORTGAGORS: ASCHER PAMELA
REGION CODE ADDRESS : 925 NORTH BIG SKY LANE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 312,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,711.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,129.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.96624
----------------------------------------------------------------------------
0 0032023616 MORTGAGORS: KESSINGER GEORGE
REGION CODE ADDRESS : 42 CEDARLAKE
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,944.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032023640 MORTGAGORS: KAISER MONICA
CORNICELLI MARY
REGION CODE ADDRESS : 7850 SITIO COCO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,485.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,932.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0032023665 MORTGAGORS: KAUFMAN GREGORY
KAUFMAN PATRICIA
REGION CODE ADDRESS : 474 ENTERPRISE DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,692.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.29400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,527,600.00
P & I AMT: 10,310.18 UPB AMT: 1,525,461.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 201
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032023681 MORTGAGORS: FERRELL WILLIAM
FERRELL STUART
REGION CODE ADDRESS : 18 SHORE ROAD
01 CITY : WESTERLY
STATE/ZIP : RI 02891
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 : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 68.57100
----------------------------------------------------------------------------
0 0032023699 MORTGAGORS: SOUZA TODD
SOUZA KELLY
REGION CODE ADDRESS : 2750 SUMMERLAND ROAD
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,732.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 47.40800
----------------------------------------------------------------------------
0 0032023723 MORTGAGORS: WILLETT STEVEN
WILLETT LISA
REGION CODE ADDRESS : 2504 HAYWARD DRIVE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,074.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,791.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.04379
----------------------------------------------------------------------------
0 0032023749 MORTGAGORS: AFTERMAN PETER
AFTERMAN DIANA
REGION CODE ADDRESS : 24920 PASEO DEL RANCHO
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 643,929.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.09000
----------------------------------------------------------------------------
0 0032023764 MORTGAGORS: BOLDEN CHRISTINE
WERTZ LANGSTON
REGION CODE ADDRESS : 108 MYSTIC DRIVE
01 CITY : OSSINING
STATE/ZIP : NY 10562
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,788.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.72600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,904,000.00
P & I AMT: 12,862.03 UPB AMT: 1,896,524.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 202
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032023772 MORTGAGORS: HU LEON
YOUNG PEYRUU
REGION CODE ADDRESS : 790 PILGRIM LOOP
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 489,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,904.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,419.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.85462
----------------------------------------------------------------------------
0 0032023798 MORTGAGORS: PALLONE MARK
PALLONE DEBRA
REGION CODE ADDRESS : 11 SUDBERRY DRIVE
01 CITY : MORRIS TOWNSHIP
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,352.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.90300
----------------------------------------------------------------------------
0 0032023806 MORTGAGORS: HOLSCHER DAVID
HOLSCHER PHOEBE
REGION CODE ADDRESS : 2195 PARADISE DRIVE
01 CITY : TIBURON
STATE/ZIP : CA 94920
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.14200
----------------------------------------------------------------------------
0 0032023822 MORTGAGORS: CHERNEY SUSAN
REGION CODE ADDRESS : 2349 SOUTH BEVERLY GLEN BOULEVARD #
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,403.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.97167
----------------------------------------------------------------------------
0 0032023830 MORTGAGORS: ZAHLER VICTORIA
REGION CODE ADDRESS : 14815 BESTOR BOULEVARD
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,914.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,031.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 48.64864
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,826,000.00
P & I AMT: 12,480.90 UPB AMT: 1,822,290.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 203
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032023855 MORTGAGORS: MORENO THOMAS
MORENO PAULETTE
REGION CODE ADDRESS : 2187 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,167.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,561.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 71.71300
----------------------------------------------------------------------------
0 0032023863 MORTGAGORS: COMSTOCK SUSAN
REGION CODE ADDRESS : 142-144 DUNCAN STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 449,780.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,420.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,030.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.96333
----------------------------------------------------------------------------
0 0032023889 MORTGAGORS: YEAGER THOMAS
YEAGER MARGARET
REGION CODE ADDRESS : 1605 SOUTH RANGE COURT
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,779.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.12500
----------------------------------------------------------------------------
0 0032023897 MORTGAGORS: CHEN YAPING
LIU XI
REGION CODE ADDRESS : 138 GRANDVIEW STREET
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,972.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032023954 MORTGAGORS: LOZNER JERROLD
LOZNER BARBARA
REGION CODE ADDRESS : 59 DICKINSON ROAD
01 CITY : BERNARDS TOWNSHIP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 543,748.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,764.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 79.56204
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,769,630.00
P & I AMT: 11,738.59 UPB AMT: 1,767,087.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 204
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032024002 MORTGAGORS: CARFAGNA JOSEPH
NADLER JODI
REGION CODE ADDRESS : 38 HORIZON DRIVE
01 CITY : MENDHAM TOWNSHIP
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,875.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 70.54200
----------------------------------------------------------------------------
0 0032024127 MORTGAGORS: LIE LAURENSIUS
ISKANDAR DIANA
REGION CODE ADDRESS : 5858 GOLD CREEK DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,776.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 53.14800
----------------------------------------------------------------------------
0 0032024820 MORTGAGORS: MURILLO STEVE
O'BERRY PATRICIA
REGION CODE ADDRESS : 205 & 205 1/2 GULL STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 388,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,260.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.05100
----------------------------------------------------------------------------
0 0032024853 MORTGAGORS: CHONG RAYMOND
CHONG MONICA
REGION CODE ADDRESS : 5463 ORA STREET
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,662.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,843.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.62200
----------------------------------------------------------------------------
0 0032024879 MORTGAGORS: GOODSON JIMMY
LANE-GOODSON PATRICIA
REGION CODE ADDRESS : 2411 CLIFF ROAD
01 CITY : UPLAND
STATE/ZIP : CA 91784
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,780.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.28500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,826,900.00
P & I AMT: 12,110.22 UPB AMT: 1,825,480.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 205
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032024903 MORTGAGORS: KLACHKOVSKY LUDMILA
KLACHKOVSKY YAKOV
REGION CODE ADDRESS : 65 BALCETA AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,633.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0032024945 MORTGAGORS: GONCALVES MANUEL
GONCALVES MARIA
REGION CODE ADDRESS : 18571 CRYSTAL CANYON ROAD
01 CITY : SILVERADO AREA
STATE/ZIP : CA 92676
MORTGAGE AMOUNT : 421,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,145.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0032024986 MORTGAGORS: ANSARI MORTEZA
REGION CODE ADDRESS : 36146 SILVERADO PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 319,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,651.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032025017 MORTGAGORS: GRADILLAS DANIEL
GRADILLAS PATRICIA
REGION CODE ADDRESS : 1061 WATER VILLE LAKE ROAD
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 272,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,663.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 83.72300
----------------------------------------------------------------------------
0 0032025025 MORTGAGORS: JOE PETER
JOE MEE
REGION CODE ADDRESS : 16246 WINDPIPER ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 543,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 540,734.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,658.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.41300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,880,520.00
P & I AMT: 12,517.69 UPB AMT: 1,876,828.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 206
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032025207 MORTGAGORS: ROBB MICHAEL
REGION CODE ADDRESS : 308 SOUTH AMERICAN STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19106
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,734.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032025231 MORTGAGORS: CHAN WAN-YU
HEW MIN
REGION CODE ADDRESS : 613 CONTADORA STREET
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78258
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032025249 MORTGAGORS: MARSHALL STEPHEN
SLY CAROL
REGION CODE ADDRESS : 202 MASON TERRACE
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 296,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,071.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.35789
----------------------------------------------------------------------------
0 0032025306 MORTGAGORS: ALVARADO ROLAND
ALVARADO DOUGLASS
REGION CODE ADDRESS : 215 HAMILTONIAN DRIVE
01 CITY : RED BANK
STATE/ZIP : NJ 07701
MORTGAGE AMOUNT : 249,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,291.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/19
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.28500
----------------------------------------------------------------------------
0 0032025504 MORTGAGORS: BOWMAN DONALD
BOWMAN EILEEN
REGION CODE ADDRESS : 8204 45TH AVENUE NORTHEAST
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,480,950.00
P & I AMT: 10,145.76 UPB AMT: 1,480,226.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 207
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032025777 MORTGAGORS: MCDONALD JAMES
MCDONALD FRANCESCA
REGION CODE ADDRESS : 2180 16TH AVENUE
01 CITY : SAN FFANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,755.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.75000
----------------------------------------------------------------------------
0 0032025868 MORTGAGORS: SADAI JONATHAN
MCCLURE-SADAI PATRICIA
REGION CODE ADDRESS : 2300 PORT DURNESS PLACE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,667.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,503.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 54.36600
----------------------------------------------------------------------------
0 0032026056 MORTGAGORS: THORNTON WILLIAM
TUTTLE TERRESA
REGION CODE ADDRESS : 1008 CIMA DRIVE
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
MORTGAGE AMOUNT : 261,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,335.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,610.72 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
0 0032026270 MORTGAGORS: LEMASTERS W
LEMASTERS SHERRY
REGION CODE ADDRESS : 2701 POINT DEL MAR AVENUE
01 CITY : CORONA DEL MAR (AREA)
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 439,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,030.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,886.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.75800
----------------------------------------------------------------------------
0 0032026288 MORTGAGORS: GUENTHER CHARLES
REGION CODE ADDRESS : 350 BOULDER DRIVE
01 CITY : CLIO
STATE/ZIP : CA 96106
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,407.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,887.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,786,000.00
P & I AMT: 11,800.32 UPB AMT: 1,784,196.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 208
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032026296 MORTGAGORS: JENSEN JOHN
JENSEN GERALDINE
REGION CODE ADDRESS : 2864 BLOOMFIELD ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,734.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.35200
----------------------------------------------------------------------------
0 0032026361 MORTGAGORS: LIVINGSTON RORY
LIVINGSTON HEATHER
REGION CODE ADDRESS : 9280 SANTA MARGARITA ROAD
01 CITY : ATASCADERO
STATE/ZIP : CA 93422
MORTGAGE AMOUNT : 256,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,198.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,750.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.95300
----------------------------------------------------------------------------
0 0032026379 MORTGAGORS: WILSON CRAIG
WILSON MARY
REGION CODE ADDRESS : 25519 S GOLD RIDGE DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 266,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,691.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,820.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 49.42500
----------------------------------------------------------------------------
0 0032026387 MORTGAGORS: SALISBURY HUGH
SALISBURY ALICE
REGION CODE ADDRESS : 2357 PRINCE WAY
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,799.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032026684 MORTGAGORS: OLIVO HAROLD
OLIVO YOUNG
REGION CODE ADDRESS : 22031 CAROLINE DRIVE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.82900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,403,500.00
P & I AMT: 9,491.63 UPB AMT: 1,402,183.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 209
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032026700 MORTGAGORS: COOKE ANTONY
COOKE CAROLINE
REGION CODE ADDRESS : 10525 WOODBRIDGE STREET
01 CITY : TOLUCA LAKE
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 439,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,648.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,957.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.53800
----------------------------------------------------------------------------
0 0032026726 MORTGAGORS: DUNCAN KEITH
DUNCAN CINDY
REGION CODE ADDRESS : 1531 KINGSWOOD DRIVE
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 532,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 531,563.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,539.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.00000
----------------------------------------------------------------------------
0 0032026759 MORTGAGORS: NGUYEN TROUNG
NGUYEN LAN
REGION CODE ADDRESS : 1378 CARLTON PLACE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.00000
----------------------------------------------------------------------------
0 0032026924 MORTGAGORS: UNO CRAIG
UNO KELENE
REGION CODE ADDRESS : 24782 LARGO DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,153.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032027096 MORTGAGORS: MCCARRELL CATHLYN
MCCARRELL JEFFREY
REGION CODE ADDRESS : 1456 BEDFORD AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,987.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,933.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.18750
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,027,400.00
P & I AMT: 13,578.62 UPB AMT: 2,025,081.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 210
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032027112 MORTGAGORS: ALEXANDER IAN
ALEXANDER LISA
REGION CODE ADDRESS : 3409 HENDERSON CIRCLE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,942.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032027138 MORTGAGORS: HORSTMANN JENS
HORSTMANN MARTINA
REGION CODE ADDRESS : 3633 VIREO AVENUE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,056.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,057.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.35456
----------------------------------------------------------------------------
0 0032027179 MORTGAGORS: VAN GUNDY THOMAS
VAN GUNDY PRISCILLA
REGION CODE ADDRESS : 358 CONTRA COSTA AVENUE
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,093.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032027187 MORTGAGORS: MCCARTHY MICHAEL
MCCARTHY ELIZABETH
REGION CODE ADDRESS : 1019 PRUNE COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,332.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,601.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.71400
----------------------------------------------------------------------------
0 0032027385 MORTGAGORS: KENDALL PAUL
KENDALL VICKI
REGION CODE ADDRESS : 3217 N. KENMORE AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60657
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,712,000.00
P & I AMT: 11,559.27 UPB AMT: 1,708,423.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 211
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032027609 MORTGAGORS: OLSEN ANN
OLSEN RICHARD
REGION CODE ADDRESS : 25 SHORE RD.
01 CITY : GLOUCESTER
STATE/ZIP : MA 01930
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,741.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.99700
----------------------------------------------------------------------------
0 0032027757 MORTGAGORS: REDDEN THOMAS
REDDEN JACQUELINE
REGION CODE ADDRESS : 8406 GREEN ISLAND CIRCLE
01 CITY : LITTLETON
STATE/ZIP : CO 80124
MORTGAGE AMOUNT : 267,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.10600
----------------------------------------------------------------------------
0 0032027799 MORTGAGORS: SCHULTZE INGRID
REGION CODE ADDRESS : 20 OAK RIDGE ROAD
01 CITY : MONTGOMERY TOWNSHIP
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 267,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,118.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/19
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032027815 MORTGAGORS: CONNOLLY WILLIAM
NGUYEN CATHERINE
REGION CODE ADDRESS : 41 MAPLEWOOD AVENUE
01 CITY : MAPLEWOOD
STATE/ZIP : NJ 07040
MORTGAGE AMOUNT : 311,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,700.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,096.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032028276 MORTGAGORS: FISCHER GEOFFREY
FISCHER LESLIE
REGION CODE ADDRESS : 5117 SOPHIA AVENUE
01 CITY : ENCINO
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 301,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,452.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.35800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,448,400.00
P & I AMT: 9,944.93 UPB AMT: 1,445,913.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 212
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028326 MORTGAGORS: O'LEARY BRIAN
REGION CODE ADDRESS : 2820 LA VENTANA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 286,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,259.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 44.07600
----------------------------------------------------------------------------
0 0032028334 MORTGAGORS: GRIFFITH JAMES
GRIFFITH TAMARA
REGION CODE ADDRESS : 3 HEATHERWOOD
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,871.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,786.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.62700
----------------------------------------------------------------------------
0 0032028367 MORTGAGORS: DESMOND SEAN
DESMOND SUZI
REGION CODE ADDRESS : 2635 37TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 257,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,089.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.09600
----------------------------------------------------------------------------
0 0032028383 MORTGAGORS: CARLTON ROBERT
CARLTON BRENDA
REGION CODE ADDRESS : 8663 E. WINDSONG DRIVE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 329,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,623.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 87.99000
----------------------------------------------------------------------------
0 0032028391 MORTGAGORS: MCGEE DAVID
MCGEE MELINDA
REGION CODE ADDRESS : 5609 SLOAN PLACE
01 CITY : CALABASAS AREA
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 497,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 496,582.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 37.08900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,642,050.00
P & I AMT: 10,672.98 UPB AMT: 1,638,426.07
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 213
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028409 MORTGAGORS: BOW ROUTH
BOW JANET
REGION CODE ADDRESS : 5023 KINGSPINE
01 CITY : ROLLING HILLS ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,699.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,626.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.75700
----------------------------------------------------------------------------
0 0032028433 MORTGAGORS: SOKOLEC JILL
REGION CODE ADDRESS : 2616 HOLLYRIDGE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,722.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,520.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.07400
----------------------------------------------------------------------------
0 0032028458 MORTGAGORS: SNYDER CHRISTOPHER
SNYDER DIANA
REGION CODE ADDRESS : 83 BEAR PLACE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,720.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,187.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.18600
----------------------------------------------------------------------------
0 0032028474 MORTGAGORS: SCIARONI JEFF
SCHMIT SANDRA
REGION CODE ADDRESS : 16 HUMPHREY PLACE
01 CITY : OAKLAND
STATE/ZIP : CA 94610
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.63200
----------------------------------------------------------------------------
0 0032028698 MORTGAGORS: AYDELOTTE DEBORA
AYDELOTTE JOHN
REGION CODE ADDRESS : 724 MCDONALD AVENUE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,717.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,207.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,879,000.00
P & I AMT: 12,641.31 UPB AMT: 1,877,492.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 214
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028706 MORTGAGORS: ZONDERVAN KEVIN
REGION CODE ADDRESS : 6582 KENTWOOD BLUFFS DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.84600
----------------------------------------------------------------------------
0 0032028730 MORTGAGORS: HANN SCOTT
REGION CODE ADDRESS : 3210 PIEDRA LANE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 266,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,047.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,838.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032028763 MORTGAGORS: LINK-FLAIR CHANTAL
FLAIR MICHAEL
REGION CODE ADDRESS : 811 BREEZE PLACE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,757.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.46500
----------------------------------------------------------------------------
0 0032028797 MORTGAGORS: GRUNDY PAUL
GRUNDY THELMA
REGION CODE ADDRESS : 10117 CAMINO ELENA
01 CITY : ESCONDIDO AREA
STATE/ZIP : CA 92026
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,698.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,448.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032028888 MORTGAGORS: HAYMAN WILLIAM
HAYMAN ROSALIE
REGION CODE ADDRESS : 660 GREYLYN DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,657,250.00
P & I AMT: 11,154.83 UPB AMT: 1,655,921.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 215
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028896 MORTGAGORS: SON MI
REGION CODE ADDRESS : 16205 ALPINE PLACE
01 CITY : LA MIRADA
STATE/ZIP : CA 90638
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,779.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.93023
----------------------------------------------------------------------------
0 0032028904 MORTGAGORS: FONG GARY
PON JONI
REGION CODE ADDRESS : 255 VASQUEZ AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,632.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 66.57894
----------------------------------------------------------------------------
0 0032028912 MORTGAGORS: BERGER KENNETH
REGION CODE ADDRESS : 1095 GINGER LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,194.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.51923
----------------------------------------------------------------------------
0 0032028946 MORTGAGORS: CAREY DALE
CAREY NORMA
REGION CODE ADDRESS : 957 STONE BRIDGE TRAIL
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.37219
----------------------------------------------------------------------------
0 0032028953 MORTGAGORS: NGUYEN NAM
NGUYEN LINH
REGION CODE ADDRESS : 3362 AMERICUS DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 76.25826
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,385,000.00
P & I AMT: 9,375.69 UPB AMT: 1,383,177.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 216
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032029019 MORTGAGORS: KIYOHARA KAORU
BAPTISTE KENNETH
REGION CODE ADDRESS : 6093 HEDGECREST CIRCLE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 315,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,367.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0032029035 MORTGAGORS: POMPILIO FRANK
POMPILIO ELAINE
REGION CODE ADDRESS : 1168 VIA CARRANZA
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,911.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032029050 MORTGAGORS: MARGOLIN SCOTT
REGION CODE ADDRESS : 23303 SHADYCROFT AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,335.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029068 MORTGAGORS: LANG THOMAS
LANG TERESE
REGION CODE ADDRESS : 20318 MANSEL AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 335,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,931.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,258.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.18100
----------------------------------------------------------------------------
0 0032029217 MORTGAGORS: HAN HONG
HAN HAI
REGION CODE ADDRESS : 2931 CAROLWOOD LANE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,672.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.37600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,617,600.00
P & I AMT: 10,981.88 UPB AMT: 1,615,219.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 217
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032029480 MORTGAGORS: DILLEY PAUL
DILLEY MENG
REGION CODE ADDRESS : 22702 JUNIPER AVE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,724.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029498 MORTGAGORS: WIKANDER WILLIAM
WIKANDER JANET
REGION CODE ADDRESS : 2121 HADDEN ROAD
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,348.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.55000
----------------------------------------------------------------------------
0 0032029506 MORTGAGORS: D'COSTA RENAULD
D'COSTA SUNITA
REGION CODE ADDRESS : 7924 PINEVILLE CIRCLE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,374.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,377.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029514 MORTGAGORS: PONZINI JAMES
PONZINI LYNN
REGION CODE ADDRESS : 445 CALLE SERRA
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,715.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,308.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 59.82700
----------------------------------------------------------------------------
0 0032029795 MORTGAGORS: CEVALLOS DAN
CEVALLOS TERI
REGION CODE ADDRESS : 2607 MARCHESE WAY
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,565,000.00
P & I AMT: 10,500.06 UPB AMT: 1,562,960.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 218
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032029837 MORTGAGORS: HANNAN CHRISTOPHER
HANNAN DENISE
REGION CODE ADDRESS : 768 CONTADA CIRCLE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 431,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,246.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,871.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029860 MORTGAGORS: SMITH JOHN
REGION CODE ADDRESS : 2130 EUSTON DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84060
MORTGAGE AMOUNT : 395,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,666.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99700
----------------------------------------------------------------------------
0 0032030017 MORTGAGORS: FOSTER CHRISTOPHER
REGION CODE ADDRESS : 1449 SCENIC DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,754.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032030074 MORTGAGORS: ADEFF GEORGE
REGION CODE ADDRESS : 7516 OGELSBY AVENUE
01 CITY : WESTCHESTER
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,804.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.56500
----------------------------------------------------------------------------
0 0032030116 MORTGAGORS: VULGAMOTT BRANDON
VULGAMOTT JENNY
REGION CODE ADDRESS : 19032 HOMESTEAD LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,696,400.00
P & I AMT: 11,493.52 UPB AMT: 1,695,374.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 219
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030165 MORTGAGORS: QUIRK ALLEN
ROMERO MARIA
REGION CODE ADDRESS : 1009 NORTH SHADOW CANYON ROAD
01 CITY : BREA
STATE/ZIP : CA 92821
MORTGAGE AMOUNT : 323,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,028.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.82716
----------------------------------------------------------------------------
0 0032030173 MORTGAGORS: MAKIN GREGORY
MAKIN CYNTHIA
REGION CODE ADDRESS : 26512 WILDVIEW TERRACE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 278,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,565.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.65800
----------------------------------------------------------------------------
0 0032030231 MORTGAGORS: SATRE ALLISON
REGION CODE ADDRESS : 3627 WILDROSE PL
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 149,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,236.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,031.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.97600
----------------------------------------------------------------------------
0 0032030330 MORTGAGORS: DAVID DOUGLAS
DAVID TUYEN
REGION CODE ADDRESS : 2560 CABRILLO WAY
01 CITY : OXNARD
STATE/ZIP : CA 93030
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,695.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,143.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/19
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.60800
----------------------------------------------------------------------------
0 0032030348 MORTGAGORS: HERRERA STEVEN
HERRERA DARLENE
REGION CODE ADDRESS : 721 ALIENTO WAY
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,674.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.89700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,318,650.00
P & I AMT: 9,174.81 UPB AMT: 1,317,199.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 220
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030488 MORTGAGORS: JAMES JIMMY
JAMES SARA
REGION CODE ADDRESS : 1258 BEACON STREET, UNIT 1
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,838.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.76 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.75000 PRODUCT CODE : 250
LTV : 61.53800
----------------------------------------------------------------------------
0 0032030728 MORTGAGORS: MCGUIGAN TERENCE
MCGUIGAN LINDA
REGION CODE ADDRESS : 96 HILL TOP RD
01 CITY : BASKING RIDGE
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,692.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.31958
----------------------------------------------------------------------------
0 0032030884 MORTGAGORS: BRAYER BARRY
KENT JANICE
REGION CODE ADDRESS : 3938 BENEDICT CANYON DRIVE
01 CITY : SHERMAN OAKS AREA LOS ANG
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,757.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.46800
----------------------------------------------------------------------------
0 0032031148 MORTGAGORS: VOVAN THOMAS
TRAN-VOVAN MONGDIEP
REGION CODE ADDRESS : 8679 E WINDSONG DRIVE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 322,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,242.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,093.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.97200
----------------------------------------------------------------------------
0 0032031171 MORTGAGORS: BAHNSEN HOWARD
BAHNSEN BARBARA
REGION CODE ADDRESS : 628 22ND STREET
01 CITY : AVALON
STATE/ZIP : NJ 08247
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,729.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 57.38300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,587,800.00
P & I AMT: 10,798.46 UPB AMT: 1,586,260.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 221
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032031304 MORTGAGORS: O'HEARN LYNN
REGION CODE ADDRESS : 1019 GRANT STREET, UNIT E
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,527.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032032153 MORTGAGORS: MCDEVITT HARRY
MCDEVITT LINDA
REGION CODE ADDRESS : 2454 UNICORNIO STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 482,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 481,595.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,166.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.93300
----------------------------------------------------------------------------
0 0032032203 MORTGAGORS: ODELL JOHN
ODELL LAUREN
REGION CODE ADDRESS : 818 CUMBERLAND DRIVE
01 CITY : PLEASANT HILL
STATE/ZIP : CA 94523
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032032211 MORTGAGORS: YAGER GEORGE
YAGER CAROL
REGION CODE ADDRESS : 1353 ZACHARY PLACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 271,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,707.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,786.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.90800
----------------------------------------------------------------------------
0 0032032237 MORTGAGORS: CHOW FRANK
CHOW JULIE
REGION CODE ADDRESS : 346 SQUIRREL RIDGE WAY
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 308,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,147.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,051.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.61700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,613,600.00
P & I AMT: 10,761.32 UPB AMT: 1,611,786.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 222
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032032252 MORTGAGORS: MATYUCH JOHN
MATYUCH CANDACE
REGION CODE ADDRESS : 17162 LA COLLETTE PLACE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 249,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,645.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032032260 MORTGAGORS: HENDRICK STEPHEN
HENDRICK KAREN
REGION CODE ADDRESS : 250 ALTO DRIVE
01 CITY : OAK VIEW
STATE/ZIP : CA 93022
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032032278 MORTGAGORS: MOSTOUFI FARZAM
RUSK LYNN
REGION CODE ADDRESS : 161 JUANITA WAY
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,811.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.09091
----------------------------------------------------------------------------
0 0032032286 MORTGAGORS: RUSSELL THOMAS
RUSSELL DIANE
REGION CODE ADDRESS : 830 VASONA STREET
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 283,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,895.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032032294 MORTGAGORS: SKIDMORE L
SKIDMORE HELENE
REGION CODE ADDRESS : 1026 WOODSIDE DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,432.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,213.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.48100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,453,950.00
P & I AMT: 9,985.59 UPB AMT: 1,452,543.80
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 223
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032032435 MORTGAGORS: MCDONALD EDWARD
MCDONALD STACY
REGION CODE ADDRESS : 70 TRISH COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,641.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,018.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032032906 MORTGAGORS: TSIVKIN VLADIMIR
TSIVKIN IRINA
REGION CODE ADDRESS : 22 FORESTWOOD DRIVE
01 CITY : STAMFORD
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.04300
----------------------------------------------------------------------------
0 0032033060 MORTGAGORS: SHI SONGYUAN
SHI SOPHIA
REGION CODE ADDRESS : 4347 OTHELLO DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94555
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032033771 MORTGAGORS: KELLY JERRY
KELLY BARBARA
REGION CODE ADDRESS : 8416 134TH STREET NE
01 CITY : ARLINGTON
STATE/ZIP : WA 98223
MORTGAGE AMOUNT : 330,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,338.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032034050 MORTGAGORS: BARONE CONSTANCE
JIMENEZ DAVID
REGION CODE ADDRESS : 4700 TIMBER RIDGE ROAD
01 CITY : COLUMBIA
STATE/ZIP : MO 65203
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,669,400.00
P & I AMT: 11,471.23 UPB AMT: 1,668,859.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 224
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035362 MORTGAGORS: LEVINE CHARLES
LEVINE MARY
REGION CODE ADDRESS : 2129 SEA PINES WAY
01 CITY : CORAL SPRINGS
STATE/ZIP : FL 33071
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,311.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032035438 MORTGAGORS: BATTIPAGLIA ROBERT
BATTIPAGLIA FRANCES
REGION CODE ADDRESS : 9 WARREN AVENUE
01 CITY : GREENBROOK
STATE/ZIP : NJ 08812
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,745.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.00100
----------------------------------------------------------------------------
0 0032035636 MORTGAGORS: BIONDICH DONNA
BIONDICH ROBERT
REGION CODE ADDRESS : 1292 CLEARVIEW DRIVE
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 298,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98700
----------------------------------------------------------------------------
0 0032035644 MORTGAGORS: MASSO CHARLES
REGION CODE ADDRESS : 10 SEAVIEW AVENUE
01 CITY : JAMESTOWN
STATE/ZIP : RI 02835
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 55.00000
----------------------------------------------------------------------------
0 0032036006 MORTGAGORS: THOMSON PAUL
THOMSON ALLISON
REGION CODE ADDRESS : 4 SAINT GEORGE COURT
01 CITY : BROOKEVILLE
STATE/ZIP : MD 20833
MORTGAGE AMOUNT : 337,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,916.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,215.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,522,900.00
P & I AMT: 10,228.56 UPB AMT: 1,522,174.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 225
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036766 MORTGAGORS: COHEN MARIANNE
REGION CODE ADDRESS : 1965 DAVINA STREET
01 CITY : HENDERSON
STATE/ZIP : NV 89014
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,685.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,456.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 88.00000
----------------------------------------------------------------------------
0 0032036824 MORTGAGORS: SILANDER ANNE
REGION CODE ADDRESS : 2609 COUNTRY PLACE,
01 CITY : CARROLLTON,
STATE/ZIP : TX 75006
MORTGAGE AMOUNT : 129,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 129,101.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 892.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 95.00000
----------------------------------------------------------------------------
0 0032037368 MORTGAGORS: SMITH SCOTT
REGION CODE ADDRESS : 2992 RAINBOW HILL ROAD
01 CITY : GOLDEN
STATE/ZIP : CO 80401
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032037640 MORTGAGORS: FEIEREISEL KURT
FEIEREISEL JANI
REGION CODE ADDRESS : 800 S. CUMBERLAND
01 CITY : PARK RIDGE
STATE/ZIP : IL 60068
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------------------
0 0032037707 MORTGAGORS: KAPUR ASHIM
KAPUR VIJAYA
REGION CODE ADDRESS : 9 LOON WAY
01 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,336.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.83600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,470,400.00
P & I AMT: 9,884.48 UPB AMT: 1,469,725.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 226
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032038234 MORTGAGORS: FAUST WILLIAM
FAUST BRENDA
REGION CODE ADDRESS : 234 SOUTH 22ND STREET
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19103
MORTGAGE AMOUNT : 399,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99600
----------------------------------------------------------------------------
0 0032039141 MORTGAGORS: ZHAO XUEPENG
CHEN MINGYUE
REGION CODE ADDRESS : 6422 GALWAY DRIVE
01 CITY : CLARKSVILLE
STATE/ZIP : MD 21029
MORTGAGE AMOUNT : 240,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,597.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039315 MORTGAGORS: O'CONNER MAUREEN
HAYCOX ANDREW
REGION CODE ADDRESS : 164 HOME AVENUE
01 CITY : RUTHERFORD
STATE/ZIP : NJ 07070
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032039760 MORTGAGORS: GUIDA DANIEL
GUIDA EDITH
REGION CODE ADDRESS : 716 RIVER ROAD
01 CITY : TWP. OF CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.44700
----------------------------------------------------------------------------
0 0032039992 MORTGAGORS: SMITH CHARLES
SMITH BARBARA
REGION CODE ADDRESS : 2660 HICKORY LANE
01 CITY : PEPPER PIKE
STATE/ZIP : OH 44124
MORTGAGE AMOUNT : 394,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,643.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,490.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 64.59000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,560,200.00
P & I AMT: 10,238.65 UPB AMT: 1,559,641.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 227
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032040008 MORTGAGORS: ZURBURCHEN BARRY
ZURBURCHEN DAWN
REGION CODE ADDRESS : 820 BURGESS HILL ROAD
01 CITY : NAPERVILLE
STATE/ZIP : IL 60565
MORTGAGE AMOUNT : 356,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,114.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032040024 MORTGAGORS: BOGUCKI ALFRED
BOGUCKI SUSAN
REGION CODE ADDRESS : 490 GOLDEN GATE DRIVE
01 CITY : RICHBORO
STATE/ZIP : PA 18954
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,713.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.25000
----------------------------------------------------------------------------
0 0032040040 MORTGAGORS: FOSTER GERALD
FOSTER VONITA
REGION CODE ADDRESS : 19022 DOUBLE CEDAR RD
01 CITY : MONTPELIER
STATE/ZIP : VA 23192
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,500.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,176.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------------------
0 0032040057 MORTGAGORS: WOOLARD WILLIAM
WOOLARD KAREN
REGION CODE ADDRESS : 9081 PARK AVENUE
01 CITY : MANASSAS
STATE/ZIP : VA 20110
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,346.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/24
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.10600
----------------------------------------------------------------------------
0 0032040065 MORTGAGORS: SCHWARTZ ROBERT
SCHWARTZ MARY
REGION CODE ADDRESS : 8415 WOLF PEN BRANCH ROAD
01 CITY : LOUISVILLE
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,680.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.56500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,656,400.00
P & I AMT: 11,141.72 UPB AMT: 1,654,355.62
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 228
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032040099 MORTGAGORS: WIKESJO ULF
WIKESJO TERI
REGION CODE ADDRESS : 518 MORRIS AVENUE
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,736.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032040115 MORTGAGORS: HIRSCHMANN DAVID
HIRSCHMANN SUSAN
REGION CODE ADDRESS : 4052 SEMINARY ROAD
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22304
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,032.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,632.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032040123 MORTGAGORS: DELLINGER HAROLD
DELLINGER LYNDA
REGION CODE ADDRESS : 2322 LAUREL STREET
01 CITY : BATON ROUGE
STATE/ZIP : LA 70820
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,672.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,562.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.41400
----------------------------------------------------------------------------
0 0032040149 MORTGAGORS: CANTOR KENNETH
CANTOR LORI
REGION CODE ADDRESS : 4379 STRATHDALE COURT
01 CITY : WEST BLOOMFIELD
STATE/ZIP : MI 48323
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,532.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0032040180 MORTGAGORS: THIERRY CINDY
MCMAHON STEVE
REGION CODE ADDRESS : 8135 STANFORD
01 CITY : UNIVERISTY CITY
STATE/ZIP : MO 63130
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,514.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,836,000.00
P & I AMT: 12,045.24 UPB AMT: 1,833,488.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 229
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032040206 MORTGAGORS: HARDWICK DONALD
REGION CODE ADDRESS : 6100 TREYBURN WAY
01 CITY : GLEN ALLEN
STATE/ZIP : VA 23060
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,389.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.17500
----------------------------------------------------------------------------
0 0032040313 MORTGAGORS: NAGY CHRISTINE
REGION CODE ADDRESS : 2310 VINE CREEK DRIVE
01 CITY : KINGWOOD
STATE/ZIP : TX 77345
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0032041550 MORTGAGORS: GAISER MONTGOMERY
GAISER MONIQUE
REGION CODE ADDRESS : 22432 87TH AVENUE SE,
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 272,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------------------
0 0032042673 MORTGAGORS: GALLIVAN BARRY
GALLIVAN EILEEN
REGION CODE ADDRESS : 60 FAIRWATER AV,
01 CITY : MASSAPEQUA
STATE/ZIP : NY 11758
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,793.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032043234 MORTGAGORS: MIRSEPASSI KAMBIZ
MIRSEPASSI LINDA
REGION CODE ADDRESS : 86165 BAILEY HILL ROAD
01 CITY : EUGENE
STATE/ZIP : OR 97405
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,679.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.15100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,542,650.00
P & I AMT: 10,427.18 UPB AMT: 1,541,512.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 230
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043390 MORTGAGORS: SNYDER DONALD
SNYDER MARTHA
REGION CODE ADDRESS : 1447 JONES MILL ROAD
01 CITY : FOUNTIAN INN
STATE/ZIP : SC 29644
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,264.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.34000
----------------------------------------------------------------------------
0 0032043499 MORTGAGORS: RAHIM ABDUL
REGION CODE ADDRESS : 31 STEPHEN STREET
01 CITY : STAMFORD
STATE/ZIP : CT 06902
MORTGAGE AMOUNT : 192,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 192,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,408.83 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032043622 MORTGAGORS: FISLER MARK
FISLER SANDRA
REGION CODE ADDRESS : 1800 MOUNT CURVE AVE
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55403
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,453.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.16600
----------------------------------------------------------------------------
0 0032043655 MORTGAGORS: RAINES M
REGION CODE ADDRESS : 35 EL DORADO
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72212
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,481.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032043671 MORTGAGORS: LUTZ MICHAEL
LUTZ LINDA
REGION CODE ADDRESS : 400 WAVERLY LANE
01 CITY : MONETA
STATE/ZIP : VA 13219
MORTGAGE AMOUNT : 354,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,653.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.72200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,783,750.00
P & I AMT: 11,864.59 UPB AMT: 1,781,853.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 231
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043705 MORTGAGORS: CANNING MICHAEL
CANNING LYNN
REGION CODE ADDRESS : 282 COGNEWAUGH ROAD
01 CITY : COS COB
STATE/ZIP : CT 06807
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,323.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,542.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 44.04400
----------------------------------------------------------------------------
0 0032043788 MORTGAGORS: STEWART DAVID
STEWART LORI
REGION CODE ADDRESS : 7209 N.W 136 STREET
01 CITY : GAINESVILLE
STATE/ZIP : FL 32653
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,572.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.80200
----------------------------------------------------------------------------
0 0032043853 MORTGAGORS: CITRON LOUIS
CITRON DANIELLE
REGION CODE ADDRESS : 217 PEMBROKE AVENUE
01 CITY : WAYNE
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,703.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032043879 MORTGAGORS: DINGWELL STEPHEN
DINGWELL CHARLOTTE
REGION CODE ADDRESS : 9 COREY AVENUE
01 CITY : STONEHAM
STATE/ZIP : MA 02180
MORTGAGE AMOUNT : 260,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,249.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.48500
----------------------------------------------------------------------------
0 0032044323 MORTGAGORS: SEATS BRIAN
SEATS ANNETTE
REGION CODE ADDRESS : 9621 NE 25TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 259,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,528,900.00
P & I AMT: 10,073.22 UPB AMT: 1,527,049.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 232
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032045247 MORTGAGORS: DEBLOIS MAUREEN
DEBLOIS CHRISTOPHER
REGION CODE ADDRESS : 200 QUINCY LANE
01 CITY : ROSWELL
STATE/ZIP : GA 30076
MORTGAGE AMOUNT : 327,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,331.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 86.21000
----------------------------------------------------------------------------
0 0032045585 MORTGAGORS: BROWN ROBERT
BROWN KAREN
REGION CODE ADDRESS : 5031 KENTWOOD DRIVE
01 CITY : GASTONIA
STATE/ZIP : NC 28056
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,504.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,582.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.97800
----------------------------------------------------------------------------
0 0032046112 MORTGAGORS: AZAR HYMAM
AZAR PAULETTE
REGION CODE ADDRESS : 16 MORGAN AVENUE
01 CITY : DEAL
STATE/ZIP : NJ 07723
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032046120 MORTGAGORS: EDELSTEIN JOEL
EDELSTEIN ANN
REGION CODE ADDRESS : 7459 E THUNDERHAWK ROAD
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 276,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,389.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0032046146 MORTGAGORS: ZWICKLER DON
ZWICKLER FRANCES
REGION CODE ADDRESS : 23 LYNCREST DRIVE
01 CITY : MONSEY
STATE/ZIP : NY 10952
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,538.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.66600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,443,200.00
P & I AMT: 9,706.11 UPB AMT: 1,440,523.81
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 233
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046153 MORTGAGORS: SMYTHE CHRISTOPHER
SMYTHE BRYN
REGION CODE ADDRESS : 5 HEDGEROW LANE
01 CITY : STRAFFORD
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,528.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.75400
----------------------------------------------------------------------------
0 0032046161 MORTGAGORS: BAILEY ROBERT
BAILEY SARA
REGION CODE ADDRESS : 505 CONCORD CIRCLE
01 CITY : JONESBORO
STATE/ZIP : GA 30236
MORTGAGE AMOUNT : 256,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,765.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0032046179 MORTGAGORS: OSTEEN DIXIE
OSTEEN MICHAEL
REGION CODE ADDRESS : 1404 PARK AVENUE
01 CITY : RICHMOND
STATE/ZIP : VA 23220
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,267.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032046187 MORTGAGORS: WASSBERG CATHERINE
GOLDMAN DANIEL
REGION CODE ADDRESS : 877 GOVERN CIRCLE
01 CITY : EAGAN
STATE/ZIP : MN 55123
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,400.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,338.67 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.25600
----------------------------------------------------------------------------
0 0032046203 MORTGAGORS: SCHIAVONI EDMUND
SCHIAVONI ELLEN
REGION CODE ADDRESS : 7 HASKELL ROAD
01 CITY : WINDHAM
STATE/ZIP : NH 03087
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,469.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.27100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,470,900.00
P & I AMT: 9,643.36 UPB AMT: 1,468,431.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 234
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046211 MORTGAGORS: WILLDEBOER CLIFFORD
WILLDEBOER CAROLYN
REGION CODE ADDRESS : 1221 PARK SHORE
01 CITY : LAGRANGE
STATE/ZIP : KY 40031
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.75000
----------------------------------------------------------------------------
0 0032046229 MORTGAGORS: LEESE GERALD
LEESE PATRICIA
REGION CODE ADDRESS : 23477 NORTH ELM RD
01 CITY : LINCOLNSHIRE
STATE/ZIP : IL 60069
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,758.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 45.73600
----------------------------------------------------------------------------
0 0032046245 MORTGAGORS: ESPOSITO PAUL
ESPOSITO SANDRA
REGION CODE ADDRESS : 101 BALL STREET
01 CITY : NORTHBORO
STATE/ZIP : MA 01532
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,577.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.28500
----------------------------------------------------------------------------
0 0032046260 MORTGAGORS: POYCK KEVIN
POYCK STEFANIE
REGION CODE ADDRESS : 317 BARBERRY DRIVE
01 CITY : LEXINGTON
STATE/ZIP : SC 29072
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,044.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0032046278 MORTGAGORS: WEGSCHEID KEVIN
WEGSCHEID JOANNE
REGION CODE ADDRESS : 3 S 204 HERRICK ROAD
01 CITY : WARRENVILLE
STATE/ZIP : IL 60555
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,424.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,523,500.00
P & I AMT: 10,137.44 UPB AMT: 1,520,546.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 235
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046286 MORTGAGORS: NASH ALISON
DULA CLARENCE
REGION CODE ADDRESS : 57 WATERMAN PL
01 CITY : ST LOUIS
STATE/ZIP : MO 21820
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,455.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.80900
----------------------------------------------------------------------------
0 0032046294 MORTGAGORS: MODESTE LORENZO
REGION CODE ADDRESS : 2408 PATE'S CREEK
01 CITY : WILLIAMSBURG
STATE/ZIP : VA 23185
MORTGAGE AMOUNT : 349,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,025.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,325.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032046302 MORTGAGORS: CUNNINGHAM BENJAMIN
CUNNINGHAM GINETTE
REGION CODE ADDRESS : 8619 WESTOVER DRIVE
01 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.47300
----------------------------------------------------------------------------
0 0032046310 MORTGAGORS: DE AVILA LOUIS
DE AVILA HELEN
REGION CODE ADDRESS : 799 TORRINGTON DRIVE
01 CITY : NAPERVILLE
STATE/ZIP : IL 60565
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,185.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.04700
----------------------------------------------------------------------------
0 0032046328 MORTGAGORS: MERTZ KEVIN
MERTZ LYNN
REGION CODE ADDRESS : 1713 COLD SPRING ROAD
01 CITY : NEWTON SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,780.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,535.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,512,600.00
P & I AMT: 9,990.38 UPB AMT: 1,508,174.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 236
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046344 MORTGAGORS: PHILLIPS JOHN
PHILLIPS LAURIE
REGION CODE ADDRESS : 5504 WEST IDA DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80123
MORTGAGE AMOUNT : 256,678.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,255.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
0 0032046369 MORTGAGORS: PEET RICHARD
PEET GUADALUPE
REGION CODE ADDRESS : 205 WIND SPIRIT DRIVE
01 CITY : SANTA TERESA
STATE/ZIP : NM 88008
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,796.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.15300
----------------------------------------------------------------------------
0 0032047029 MORTGAGORS: FRANKLIN MICHAEL
FRANKLIN JOANNE
REGION CODE ADDRESS : 51 PEMBERTON RD
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,779.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.88500
----------------------------------------------------------------------------
0 0032047102 MORTGAGORS: FLETCHER DAVID
REGION CODE ADDRESS : 13800 S PEBBLEBROOK LN
01 CITY : GREENWOOD
STATE/ZIP : MO 64034
MORTGAGE AMOUNT : 444,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,153.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,032.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.26600
----------------------------------------------------------------------------
0 0032047177 MORTGAGORS: STEADMAN TERRY
DUERKSEN CYNTHIA
REGION CODE ADDRESS : 2211 NOVA ROAD
01 CITY : PINE
STATE/ZIP : CO 80470
MORTGAGE AMOUNT : 274,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,324.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,498,728.00
P & I AMT: 10,067.48 UPB AMT: 1,497,310.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 237
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047185 MORTGAGORS: CATRAL ERNESTO
CATRAL NORMITA
REGION CODE ADDRESS : 6912 CHURCHILL COURT
01 CITY : DOWNERS GROVE
STATE/ZIP : IL 60516
MORTGAGE AMOUNT : 300,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,886.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,146.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/24
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.23100
----------------------------------------------------------------------------
0 0032047219 MORTGAGORS: TENG GEORGE
TENG MICHELLE
REGION CODE ADDRESS : 2223 HILLSBORO LANE
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 332,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,840.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97600
----------------------------------------------------------------------------
0 0032047276 MORTGAGORS: SETTON VICTOR
SETTON AUDREY
REGION CODE ADDRESS : 936 EAST 10TH STREET
01 CITY : BROOKLYN
STATE/ZIP : NY 11230
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,761.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 45.96100
----------------------------------------------------------------------------
0 0032047441 MORTGAGORS: SAFLEY THOMAS
SAFLEY SARA
REGION CODE ADDRESS : 2211 LYONS AVENUE NORTHEAST
01 CITY : RENTON
STATE/ZIP : WA 98059
MORTGAGE AMOUNT : 324,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,003.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,239.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.89500
----------------------------------------------------------------------------
0 0032047490 MORTGAGORS: KEARNEY JAMES
KEARNEY ROSEMARY
REGION CODE ADDRESS : 6 OAKRIDGE COURT
01 CITY : VOORHEES TOWNSHIP
STATE/ZIP : NJ 08043
MORTGAGE AMOUNT : 313,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,058.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,600,200.00
P & I AMT: 11,020.85 UPB AMT: 1,598,550.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 238
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047516 MORTGAGORS: COBITZ ALEXANDER
DAWSON CYNTHIA
REGION CODE ADDRESS : 1360 GARDEN ROAD
01 CITY : WYNNEWOOD
STATE/ZIP : PA 19096
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,419.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032048142 MORTGAGORS: SCHNEIDER DANIEL
SCHNEIDER LISA
REGION CODE ADDRESS : 5325 NORTH POINT COURT
01 CITY : VIRGINIA BEACH
STATE/ZIP : VA 23455
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,693.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,488.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.73600
----------------------------------------------------------------------------
0 0032048407 MORTGAGORS: NIWA JUNICHIRO
NIWA MARTHA
REGION CODE ADDRESS : TOWN HIGHWAY 71 ORDWAY ROAD
01 CITY : STRAFFORD
STATE/ZIP : VT 05072
MORTGAGE AMOUNT : 373,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,236.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,675.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032049082 MORTGAGORS: MCALLISTER JOHN
MCALLISTER CATHERINE
REGION CODE ADDRESS : 11610 HABERSHAM
01 CITY : HOUSTON
STATE/ZIP : TX 77024
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,725.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.83300
----------------------------------------------------------------------------
0 0032049116 MORTGAGORS: BROWN JOHN
BROWN SHIRLEY
REGION CODE ADDRESS : 16523 PETERSON ROAD
01 CITY : BURLINGTON
STATE/ZIP : WA 98233
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,158.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,696,900.00
P & I AMT: 11,374.08 UPB AMT: 1,695,233.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 239
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032051112 MORTGAGORS: CARROLL JANE
REGION CODE ADDRESS : 50 INTERVALE ROAD
01 CITY : PROVIDENCE
STATE/ZIP : MA 02906
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,562.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.91803
----------------------------------------------------------------------------
0 0032051641 MORTGAGORS: NICHOLS LARRY
NICHOLS KATHY
REGION CODE ADDRESS : 10511 FRONT BEACH ROAD
01 CITY : PANAMA CITY
STATE/ZIP : FL 32047
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,841.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032051674 MORTGAGORS: CRITTENDEN DANIEL
CRITTENDEN BARBARA
REGION CODE ADDRESS : 80 SKAGIT KEY
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 430,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,163.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,754.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.95600
----------------------------------------------------------------------------
0 0032051716 MORTGAGORS: ZAHREN DIANNE
REGION CODE ADDRESS : 3128 103RD AVE., N.E.
01 CITY : BELLEVUE
STATE/ZIP : WA 98004
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032051740 MORTGAGORS: BATCHO MICHAEL
BATCHO VIOLET
REGION CODE ADDRESS : 15901 ARMISTEAD LANE
01 CITY : ODESSA
STATE/ZIP : FL 33556
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,318.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 93.15500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,612,450.00
P & I AMT: 10,915.09 UPB AMT: 1,609,094.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 240
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032051757 MORTGAGORS: BONONCINI PHILIP
BONONCINI JAN
REGION CODE ADDRESS : 25025 NORTHEAST 8TH STREET
01 CITY : REDMOND
STATE/ZIP : WA 98053
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 45.45400
----------------------------------------------------------------------------
0 0032051765 MORTGAGORS: LINKER BRUCE
LINKER DEBRA
REGION CODE ADDRESS : 1430 248TH AVENUE SOUTHEAST
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,617.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,680.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032053043 MORTGAGORS: BRINGGOLD BRADLEY
BRINGGOLD ROXY
REGION CODE ADDRESS : 6220 CAPE GEORGE ROAD
01 CITY : PORT TOWNSEND
STATE/ZIP : WA 98368
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,313.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,883.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 83.92156
----------------------------------------------------------------------------
0 0032053084 MORTGAGORS: FERNANDEZ J
REGION CODE ADDRESS : 820 NW SNUG HARBOR ROAD
01 CITY : CRYSTAL RIVER
STATE/ZIP : FL 34428
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.48200
----------------------------------------------------------------------------
0 0032053571 MORTGAGORS: WARD,JR WILLIAM
GOODFRIEND REGINA
REGION CODE ADDRESS : 1705 S.W. 2ND AVENUE
01 CITY : BOCA RATON
STATE/ZIP : FL 33432
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 86.41900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,791,000.00
P & I AMT: 11,989.92 UPB AMT: 1,788,156.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 241
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032055436 MORTGAGORS: CARTER RICK
CARTER LYNDA
REGION CODE ADDRESS : 3420 EAST CHEROKEE STREET
01 CITY : PHOENIX
STATE/ZIP : AZ 85044
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,888.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032055493 MORTGAGORS: KENEALY KATHLEEN
REGION CODE ADDRESS : 1624 S STREET, N.W.
01 CITY : WASHINGTON
STATE/ZIP : DC 20009
MORTGAGE AMOUNT : 412,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,453.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,711.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032056996 MORTGAGORS: O'NEAL BENTON
REGION CODE ADDRESS : 6702 EAST REDFIELD ROAD
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 292,752.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,523.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.10300
----------------------------------------------------------------------------
0 0032057036 MORTGAGORS: KING DAVID
KING VICTORIA
REGION CODE ADDRESS : 36594 NORTH 36TH STREET
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,768.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.00000
----------------------------------------------------------------------------
0 0032057143 MORTGAGORS: BASSETT F.
BASSETT JANICE
REGION CODE ADDRESS : 205 WESTON ROAD
01 CITY : WESTON
STATE/ZIP : CT 06883
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.20400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,675,552.00
P & I AMT: 11,244.80 UPB AMT: 1,673,365.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 242
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032057226 MORTGAGORS: TORKELSON ERIC
TORKELSON LISA
REGION CODE ADDRESS : 13677 SW FIELDING ROAD
01 CITY : LAKE OSWEGO
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,715.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.83300
----------------------------------------------------------------------------
0 0032057275 MORTGAGORS: PARKS GLEN
PARKS LESLIE
REGION CODE ADDRESS : 270 BROOKSTONE HILLS DRIVE
01 CITY : GRANTS PASS
STATE/ZIP : OR 97526
MORTGAGE AMOUNT : 342,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,205.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,221.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.25600
----------------------------------------------------------------------------
0 0032057283 MORTGAGORS: NIELSEN WALTER
NIELSEN KAY
REGION CODE ADDRESS : LOT 7 FULLERS POINT
01 CITY : CLAYON
STATE/ZIP : GA 30525
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,776.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 38.00000
----------------------------------------------------------------------------
0 0032057853 MORTGAGORS: WATTS THOMAS
WATTS CONNIE
REGION CODE ADDRESS : 45 SOUTH CLERMONT STREET
01 CITY : DENVER
STATE/ZIP : CO 80246
MORTGAGE AMOUNT : 476,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,896.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,330.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032062705 MORTGAGORS: HANSEN TODD
REGION CODE ADDRESS : 3125 EAST ROCK WREN ROAD
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,729,750.00
P & I AMT: 11,698.95 UPB AMT: 1,728,375.03
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 243
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032062739 MORTGAGORS: BUTZ BRADLEY
REGION CODE ADDRESS : 8344 SW SHAWMUT DRIVE
01 CITY : ALOHA
STATE/ZIP : OR 97007
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,706.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.86200
----------------------------------------------------------------------------
0 0032062796 MORTGAGORS: BLACKWELL THOMAS
BLACKWELL STASHA
REGION CODE ADDRESS : 2315 E. HATCHER ROAD
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 592,531.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,195.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.14285
----------------------------------------------------------------------------
0 0032064248 MORTGAGORS: BEAUDRY ROBERT
GREENE SANDE
REGION CODE ADDRESS : 435 KALALAU PLACE
01 CITY : KIHEI
STATE/ZIP : HI 96753
MORTGAGE AMOUNT : 188,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 188,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,298.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032064362 MORTGAGORS: LARSON ARVID
LARSON DEBORAH
REGION CODE ADDRESS : 4106 SOUTH MORIAN PLACE
01 CITY : KENNEWICK
STATE/ZIP : WA 99337
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 212,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,464.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032066839 MORTGAGORS: JOSEPH BOBBY
JOSEPH JASMINE
REGION CODE ADDRESS : 437 LAKEWOOD LANE
01 CITY : MARQUETTE
STATE/ZIP : MI 49855
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,773,000.00
P & I AMT: 12,143.11 UPB AMT: 1,764,574.73
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 244
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032067258 MORTGAGORS: ANGEL JEANETTE
REGION CODE ADDRESS : 1388 NORTHEAST 4TH AVENUE
01 CITY : SUTHERLIN
STATE/ZIP : OR 97479
MORTGAGE AMOUNT : 77,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 76,288.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 545.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032067514 MORTGAGORS: TOKUNAGA MASAKAZU
TOKUNAGA YOKO
REGION CODE ADDRESS : 4998 KOLOHALA STREET
01 CITY : HONOLULU,
STATE/ZIP : HI 96816
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 53.12500
----------------------------------------------------------------------------
0 0070347091 MORTGAGORS: SCHONFELD MYRON
SCHONFELD LINDA
REGION CODE ADDRESS : 880 5TH AVE.#10G
01 CITY : NEW YORK
STATE/ZIP : NY 10028
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,779.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0070378500 MORTGAGORS: MACHIN WILSON
REGION CODE ADDRESS : 13460 NATICK DRIVE
01 CITY : MANASSAS
STATE/ZIP : VA 20112
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.26087
----------------------------------------------------------------------------
0 0070478524 MORTGAGORS: NATBONY WILLIAM
NATBONY CHERYL
REGION CODE ADDRESS : 27 RIDGEDALE ROAD
01 CITY : SCARSDALE
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 465,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,605.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/19
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.22951
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,631,500.00
P & I AMT: 11,440.26 UPB AMT: 1,630,788.87
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 245
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070497904 MORTGAGORS: PLUMER ALAN
PLUMER DEBORAH
REGION CODE ADDRESS : 3 HENRY COURT
01 CITY : SUFFERN
STATE/ZIP : NY 10901
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070507140 MORTGAGORS: MESSING EDWARD
MESSING SUSAN
REGION CODE ADDRESS : 65 KNOLLWOOD DRIVE
01 CITY : ROCHESTER
STATE/ZIP : NY 14618
MORTGAGE AMOUNT : 330,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,390.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,197.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.05000
----------------------------------------------------------------------------
0 0070522628 MORTGAGORS: TOMASELLO LOUIE
TOMASELLO DOLORES
REGION CODE ADDRESS : 11149 STARVIEW COURT
01 CITY : RANCHO CUCA
STATE/ZIP : CA 91737
MORTGAGE AMOUNT : 279,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,687.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 84.81818
----------------------------------------------------------------------------
0 0070534847 MORTGAGORS: WATSON MICHAEL
WATSON LINDA
REGION CODE ADDRESS : 21 OAK SHORE DRIVE
01 CITY : BAYVILLE
STATE/ZIP : NY 11709
MORTGAGE AMOUNT : 402,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,711.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.39655
----------------------------------------------------------------------------
0 0070537626 MORTGAGORS: GIZA ROBERT
GIZA PATRICIA
REGION CODE ADDRESS : 860 WALLINGFORD ROAD
01 CITY : CHESHIRE
STATE/ZIP : CT 06410
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,795.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 88.12500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,726,700.00
P & I AMT: 11,676.32 UPB AMT: 1,725,373.86
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 246
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070545660 MORTGAGORS: HIGHTCHEW JEFFREY
HIGHTCHEW ANN
REGION CODE ADDRESS : 308 NORTH SHORE LANE
01 CITY : GILBERT
STATE/ZIP : AZ 85233
MORTGAGE AMOUNT : 441,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,475.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,469.35 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.75000 PRODUCT CODE : 250
LTV : 63.91304
----------------------------------------------------------------------------
0 0070551239 MORTGAGORS: YEH CHENG HUEI
REGION CODE ADDRESS : 1428 GRANVIA ALTAMIRA
01 CITY : PALOS VERDE
STATE/ZIP : CA 90274
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 30.80000
----------------------------------------------------------------------------
0 0070584859 MORTGAGORS: STEINBERG ALAN
STEINBERG ORLY
REGION CODE ADDRESS : 2 SANDS CT
01 CITY : GREAT NECK
STATE/ZIP : NY 11023
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,501.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 45.85366
----------------------------------------------------------------------------
0 0070594882 MORTGAGORS: ZAKARIAN CHRIS
ZAKARIAN HERMINE
REGION CODE ADDRESS : 10908 LIMERICK AVENUE
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.28571
----------------------------------------------------------------------------
0 0070596572 MORTGAGORS: SHIH ROGER
YIM SHIH DENISE
REGION CODE ADDRESS : 13724 SORBONNE COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 296,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,400.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98911
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,681,650.00
P & I AMT: 11,842.71 UPB AMT: 1,678,443.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 247
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070603105 MORTGAGORS: GHERMAN ROBERT
REGION CODE ADDRESS : 16 RIVER DRIVE
01 CITY : MILLSTONE T
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,497.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.62069
----------------------------------------------------------------------------
0 0070604509 MORTGAGORS: KENNEDY R
METLITZ WAYNE
REGION CODE ADDRESS : 100 HARBOR DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92101
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,666.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,919.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.63014
----------------------------------------------------------------------------
0 0070604632 MORTGAGORS: GUTMORE DANIEL
GUTMORE ROSEMARIE
REGION CODE ADDRESS : 6 LANCE ROAD
01 CITY : LEBANON
STATE/ZIP : NJ 08833
MORTGAGE AMOUNT : 404,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,758.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.53390
----------------------------------------------------------------------------
0 0070610027 MORTGAGORS: RAZZO SYLVIA
REGION CODE ADDRESS : 510 HARVEST COURT
01 CITY : WYCKOFF
STATE/ZIP : NJ 07481
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.55556
----------------------------------------------------------------------------
0 0070611447 MORTGAGORS: GUSHEA TODD
KELLEY A
REGION CODE ADDRESS : 380 UNION STREET
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 252,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,492.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.15556
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,608,050.00
P & I AMT: 10,894.60 UPB AMT: 1,607,284.51
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 248
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070616057 MORTGAGORS: NEIMEISTER AUGUST
NEIMEISTER LINDA
REGION CODE ADDRESS : 2 CHADDS COVE
01 CITY : WEST CHESTE
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 338,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,936.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.68949
----------------------------------------------------------------------------
0 0070617998 MORTGAGORS: BROWNING DOUGLAS
JONES SHEILA
REGION CODE ADDRESS : 3 RIVIERA COURT
01 CITY : SILVER SPRI
STATE/ZIP : MD 20904
MORTGAGE AMOUNT : 262,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,111.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/19
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.07792
----------------------------------------------------------------------------
0 0070620174 MORTGAGORS: HEYENDAL RICHARD
HEYENDAL JACQUELINE
REGION CODE ADDRESS : 25481 GALLUP CIRCLE
01 CITY : LAGUNA HILL
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,633.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,206.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.62963
----------------------------------------------------------------------------
0 0070622493 MORTGAGORS: TURNER WARREN
TURNER PATRICIA
REGION CODE ADDRESS : 6578 LAURELWOOD DRIVE
01 CITY : INGLEWOOD
STATE/ZIP : CA 90302
MORTGAGE AMOUNT : 314,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,348.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.90476
----------------------------------------------------------------------------
0 0070624655 MORTGAGORS: BALSAMO DANIEL
CASTRO KATHYA
REGION CODE ADDRESS : 63-19 84TH STREET
01 CITY : MIDDLE VILL
STATE/ZIP : NY 11379
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.84848
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,648,400.00
P & I AMT: 11,519.58 UPB AMT: 1,647,517.94
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 249
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070628953 MORTGAGORS: OWENS GARY
OWENS JUDITH
REGION CODE ADDRESS : 1991 LESARA COURT
01 CITY : EL DORADO H
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 382,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,401.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,610.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.72581
----------------------------------------------------------------------------
0 0070633599 MORTGAGORS: CARPENTER MARSHALL
CARPENTER MARY
REGION CODE ADDRESS : N ANTELOPE RUN
01 CITY : PRESCOTT
STATE/ZIP : AZ 86301
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,241.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 63.63636
----------------------------------------------------------------------------
0 0070635644 MORTGAGORS: LEE CASSANDRA
CHINN DARRY
REGION CODE ADDRESS : 365 WARREN DRIVE
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94131
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.45946
----------------------------------------------------------------------------
0 0070637939 MORTGAGORS: HEAP ANTHONY
HEAP MARLIES
REGION CODE ADDRESS : 4231 NE 23RD TERRACE
01 CITY : LIGHTHOUSE
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.25926
----------------------------------------------------------------------------
0 0070638473 MORTGAGORS: ANDREWS ROBERT
ANDREWS KELLY
REGION CODE ADDRESS : 1108 VIA TORNASOL
01 CITY : APTOS
STATE/ZIP : CA 95003
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.94406
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,728,200.00
P & I AMT: 11,642.85 UPB AMT: 1,727,374.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 250
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070640990 MORTGAGORS: CICCOLO CHRISTOPHE
CICCOLO ANGELA
REGION CODE ADDRESS : 20903 LAUREL LEAF COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 250,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,003.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.39286
----------------------------------------------------------------------------
0 0070642137 MORTGAGORS: ALBRIGHT WESLEY
ALBRIGHT JANET
REGION CODE ADDRESS : 7412 CUTTY SARK WAY
01 CITY : GAITHERSBUR
STATE/ZIP : MD 20882
MORTGAGE AMOUNT : 258,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,897.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070642830 MORTGAGORS: GEISLER PHIL
ENGLAND ANITA
REGION CODE ADDRESS : 13935 MONTEVERDE DR
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,785.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.70968
----------------------------------------------------------------------------
0 0070643200 MORTGAGORS: BIRENBAUM MICHAEL
BIRENBAUM JUDY
REGION CODE ADDRESS : 357 EAST BUTTONWOOD DRIVE
01 CITY : BREA
STATE/ZIP : CA 92821
MORTGAGE AMOUNT : 298,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,254.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.63964
----------------------------------------------------------------------------
0 0070643648 MORTGAGORS: STONEY ARCHIE
STONEY NANCY
REGION CODE ADDRESS : 104 RIVERSIDE DRIVE
01 CITY : SUFFOLK
STATE/ZIP : VA 23435
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,798.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,576.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.41935
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,322,100.00
P & I AMT: 9,060.16 UPB AMT: 1,319,739.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 251
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070643986 MORTGAGORS: CAYANAN ROBERTO
CAYANAN SOCORRO
REGION CODE ADDRESS : 1333 14TH AVENUE
01 CITY : FOX ISLAND
STATE/ZIP : WA 98333
MORTGAGE AMOUNT : 234,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,702.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,543.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.25000
----------------------------------------------------------------------------
0 0070648464 MORTGAGORS: VAN DUSEN ELAINE
VAN DUSEN DAVID
REGION CODE ADDRESS : 2880 TWIN OAKS DRIVE
01 CITY : HIGHLAND PA
STATE/ZIP : IL 60035
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.86667
----------------------------------------------------------------------------
0 0070651849 MORTGAGORS: COMBS JOHN
COMBS SUSAN
REGION CODE ADDRESS : 41650 C DUKE DRIVE
01 CITY : LEONARDTOWN
STATE/ZIP : MD 20650
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,503.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.26316
----------------------------------------------------------------------------
0 0070652391 MORTGAGORS: CAUTHORN THOMAS
CAUTHORN DIMPLE
REGION CODE ADDRESS : 250 HARDAGE DRIVE
01 CITY : MARIETTA
STATE/ZIP : GA 30064
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.86957
----------------------------------------------------------------------------
0 0070654959 MORTGAGORS: KLEIN JEFFREY
REGION CODE ADDRESS : 1956 CYNTHIA LANE
01 CITY : MERRICK
STATE/ZIP : NY 11566
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.71429
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,450,500.00
P & I AMT: 9,781.28 UPB AMT: 1,450,302.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 252
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070655519 MORTGAGORS: KUHNS JANELLE
REGION CODE ADDRESS : 908 COLLEGE AVE
01 CITY : NIGARA FALL
STATE/ZIP : NY 14305
MORTGAGE AMOUNT : 47,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 47,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 340.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 250
LTV : 68.11594
----------------------------------------------------------------------------
0 0070659172 MORTGAGORS: SHUBERT ROBE PATRICIA
REGION CODE ADDRESS : 9 WESTPORT STREET
01 CITY : MANHATTAN B
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 446,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,351.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,047.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.26923
----------------------------------------------------------------------------
0 0070659610 MORTGAGORS: TURNER DANIEL
TURNER PATRICIA
REGION CODE ADDRESS : 665 TIERRA LINDA COURT
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,273.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.83562
----------------------------------------------------------------------------
0 0070660436 MORTGAGORS: HEROT FREDERICK
HEROT DEBORAH
REGION CODE ADDRESS : 62 DYCKMAN PLACE
01 CITY : BERNARDS
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 341,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,326.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.32558
----------------------------------------------------------------------------
0 0070660451 MORTGAGORS: POWITCHKO JOHN
POWITCHKO KATHERINE
REGION CODE ADDRESS : 505 BRIGHTS LANE
01 CITY : PENLLYN
STATE/ZIP : PA 19422
MORTGAGE AMOUNT : 232,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,527.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
\- **** PAGE TOTALS *****
NUM OF LOANS: 5 LOAN AMT: 1,336,800.00
P & I AMT: 9,012.74 UPB AMT: 1,336,225.12
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 253
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070665245 MORTGAGORS: LYON DAVID
LYON JANET
REGION CODE ADDRESS : 1114 PRINCETON STREET
01 CITY : SANTA MONIC
STATE/ZIP : CA 90403
MORTGAGE AMOUNT : 263,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,489.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 43.95000
----------------------------------------------------------------------------
0 0070665864 MORTGAGORS: REICHER DAVID
REGION CODE ADDRESS : 77191 MCFADDEN ROAD
01 CITY : ARMADA
STATE/ZIP : MI 48005
MORTGAGE AMOUNT : 64,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 64,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 480.81 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070669536 MORTGAGORS: GREER EDWARD
LIEBERMAN JUDITH
REGION CODE ADDRESS : 63 BUCKMINSTER ROAD
01 CITY : BROOKLINE
STATE/ZIP : MA 02146
MORTGAGE AMOUNT : 557,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 557,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,758.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.64130
----------------------------------------------------------------------------
0 0070670328 MORTGAGORS: STORINO ANTHONY
STORINO LAURIE
REGION CODE ADDRESS : 11 ROSEVIEW COURT
01 CITY : TRUMBULL
STATE/ZIP : CT 06611
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,781.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070674197 MORTGAGORS: ALLEN WILLIAM
ALLEN VIRGINIA
REGION CODE ADDRESS : 1730 FERNSIDE
01 CITY : WOODSIDE
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,467.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.16667
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,975,600.00
P & I AMT: 13,121.66 UPB AMT: 1,974,856.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 254
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070675863 MORTGAGORS: MAKAN SUNNY
MAKAN SHALLU
REGION CODE ADDRESS : 25630 N HOOD WAY
01 CITY : STEVENSON R
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 330,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,478.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,200.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.69880
----------------------------------------------------------------------------
0 0070676531 MORTGAGORS: W SPOLSKY VLADIMIR
SPOLSKY SAUNDRA
REGION CODE ADDRESS : 12424 INDIANAPOLIS STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 357,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,314.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,409.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.46667
----------------------------------------------------------------------------
0 0070680012 MORTGAGORS: BECK PHILIP
BECK NANCY
REGION CODE ADDRESS : 188 FAIRWAY ROAD
01 CITY : LIDO BEACH
STATE/ZIP : NY 11561
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 75.75758
----------------------------------------------------------------------------
0 0070681465 MORTGAGORS: NEWMAN KIRK
NEWMAN DARLENE
REGION CODE ADDRESS : 1816 ISLAND WAY
01 CITY : OSPREY
STATE/ZIP : FL 34229
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 45.83333
----------------------------------------------------------------------------
0 0070681697 MORTGAGORS: CRITER GARY
WELSH SANDRA
REGION CODE ADDRESS : 3891 SWANSON SHORE DRIVE
01 CITY : ELY
STATE/ZIP : MN 55731
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,068.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.83511
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,770,350.00
P & I AMT: 11,857.27 UPB AMT: 1,769,792.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 255
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070686886 MORTGAGORS: FRIEDEN JAMES
FRIEDEN DEBORAH
REGION CODE ADDRESS : 862 FISKE ST
01 CITY : LOS ANGELES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,695.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,660.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.92958
----------------------------------------------------------------------------
0 0070689153 MORTGAGORS: KOSCIELSKI MICHAEL
KOSCIELSKI JOANNE
REGION CODE ADDRESS : 529 CALLE DE LA SIERRA
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,758.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070689450 MORTGAGORS: TATE TIM
TATE PAMELA
REGION CODE ADDRESS : 2121 NW LACAMAS DRIVE
01 CITY : CAMAS
STATE/ZIP : WA 98607
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,660.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0070690938 MORTGAGORS: DONNELLY MELANIE
DONNELLY ROBERT
REGION CODE ADDRESS : 1627 NW SUMMIT DRIVE
01 CITY : BEND
STATE/ZIP : OR 97701
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.55556
----------------------------------------------------------------------------
0 0070692447 MORTGAGORS: HEEFNER SCOTT
HEEFNER SANDRA
REGION CODE ADDRESS : 12125 DARNLEY ROAD
01 CITY : WOODBRIDGE
STATE/ZIP : VA 22192
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,576.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.41935
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,618,000.00
P & I AMT: 10,752.27 UPB AMT: 1,617,453.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 256
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070692827 MORTGAGORS: THOMPSON PHILIP
DOLLIVER ELIZABETH
REGION CODE ADDRESS : 1442 NORTHWEST 198TH PLACE
01 CITY : SHORELINE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 269,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.40584
----------------------------------------------------------------------------
0 0070692892 MORTGAGORS: SALEVITZ MARK
SALEVITZ CAROLINE
REGION CODE ADDRESS : 8716 EAST REMUDA DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 332,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,927.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.90476
----------------------------------------------------------------------------
0 0070693221 MORTGAGORS: ARENA ROBERT
REGION CODE ADDRESS : 268 CHESTNUT AVE
01 CITY : BOSTON
STATE/ZIP : MA 02130
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 : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 62.50000
----------------------------------------------------------------------------
0 0070696059 MORTGAGORS: PHELPS WILLIAM
PHELPS CATHLEEN
REGION CODE ADDRESS : 514 PRINCE STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070696315 MORTGAGORS: CONDON JOHN
REGION CODE ADDRESS : 4116 JOHNSON AVENUE
01 CITY : WESTERN SPR
STATE/ZIP : IL 60558
MORTGAGE AMOUNT : 421,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,806.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.31667
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,633,300.00
P & I AMT: 10,950.06 UPB AMT: 1,633,027.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 257
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070698741 MORTGAGORS: URITSKY YURI
URITSKY SVETLANA
REGION CODE ADDRESS : 8564 MAHOGANY PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.10722
----------------------------------------------------------------------------
0 0070699384 MORTGAGORS: RINER HENRY
RINER MARIE
REGION CODE ADDRESS : 925 WALDEN LANE
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 995,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 995,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,787.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 66.33333
----------------------------------------------------------------------------
0 0070702931 MORTGAGORS: BECKER JANE
REGION CODE ADDRESS : 4322 WESTOVER PLACE NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,971.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.76699
----------------------------------------------------------------------------
0 0070703541 MORTGAGORS: FARRELL RICHARD
FARRELL FAIRFAX
REGION CODE ADDRESS : 1408 SANTA FE DRIVE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 385,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,941.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,595.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.79464
----------------------------------------------------------------------------
0 0070704598 MORTGAGORS: MOSS SAMUEL
MOSS SHEILIA
REGION CODE ADDRESS : 6201 WATER LILLY DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 223,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,452.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.41638
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,163,350.00
P & I AMT: 14,555.73 UPB AMT: 2,162,583.55
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 258
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070704713 MORTGAGORS: ZWICKL RONALD
ZWICKL JUDITH
REGION CODE ADDRESS : 1170 HARPER LAKE DRIVE
01 CITY : LOUISVILLE
STATE/ZIP : CO 80027
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.47619
----------------------------------------------------------------------------
0 0070706379 MORTGAGORS: LOVE DAVID
LOVE YUKO
REGION CODE ADDRESS : 9 KUHAR'S WAY
01 CITY : NEWTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,060.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.55422
----------------------------------------------------------------------------
0 0070707187 MORTGAGORS: FEUER LISA
PITTIS CAROLYN
REGION CODE ADDRESS : 205 THIRD AVENUE
01 CITY : NEW YORK
STATE/ZIP : NY 10003
MORTGAGE AMOUNT : 413,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,682.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070707443 MORTGAGORS: BRZEZINSKI EDWARD
BRZEZINSKI CAROL
REGION CODE ADDRESS : 10101 QUAIL CANYON RD
01 CITY : EL CAJON
STATE/ZIP : CA 92021
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 42.85714
----------------------------------------------------------------------------
0 0070707724 MORTGAGORS: SPIEGEL JONATHAN
SPIEGEL JOAN
REGION CODE ADDRESS : 19 WHITE OAK DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,560.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.82550
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,885,600.00
P & I AMT: 12,413.80 UPB AMT: 1,884,914.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 259
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070709225 MORTGAGORS: LUNDY DANIEL
LUNDY MAUREEN
REGION CODE ADDRESS : 6 STONEY BROOK ROAD
01 CITY : HOPKINTON
STATE/ZIP : MA 01748
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,295.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.97972
----------------------------------------------------------------------------
0 0070710215 MORTGAGORS: LUSKY MALVERN
KAPLAN LUSKY JUDY
REGION CODE ADDRESS : 2519 PLANTATION LANE
01 CITY : SUGAR LAND
STATE/ZIP : TX 77478
MORTGAGE AMOUNT : 235,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,527.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.96774
----------------------------------------------------------------------------
0 0070711049 MORTGAGORS: CARFAGNO THOMAS
CARFAGNO ELIZABETH
REGION CODE ADDRESS : 46 SUNSET PLACE
01 CITY : MILLINGTON
STATE/ZIP : NJ 07946
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0070711460 MORTGAGORS: HERRERA MICHAEL
HERRERA KYM
REGION CODE ADDRESS : 6947 WINDY HILL WAY
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,394.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 50.27586
----------------------------------------------------------------------------
0 0070712104 MORTGAGORS: RAMIREZ MARVIN
RAMIREZ KATHLEEN
REGION CODE ADDRESS : 15404 BORGES DRIVE
01 CITY : MOORPARK
STATE/ZIP : CA 93021
MORTGAGE AMOUNT : 304,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,250.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.34903
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,504,100.00
P & I AMT: 9,979.92 UPB AMT: 1,503,850.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 260
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070712286 MORTGAGORS: YOUSEFIZADEH HOMAYOUN
VESAL SADAF
REGION CODE ADDRESS : 14 POSADA
01 CITY : IRVINE
STATE/ZIP : CA 92614
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.50000
----------------------------------------------------------------------------
0 0070713896 MORTGAGORS: BUCKLEY STEVEN
BUCKLEY VICKI
REGION CODE ADDRESS : 5804 ASCOT GLEN DRIVE
01 CITY : GLEN ALLEN
STATE/ZIP : VA 23060
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.22222
----------------------------------------------------------------------------
0 0070713961 MORTGAGORS: STANLEY STEPHEN
STANLEY JOSEPHINE
REGION CODE ADDRESS : 241 NEW CANAAN ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.52194
----------------------------------------------------------------------------
0 0070714381 MORTGAGORS: HEDEN JEFFREY
REGION CODE ADDRESS : 13539 KIBBINGS ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,269.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,879.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/19
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.21739
----------------------------------------------------------------------------
0 0070716253 MORTGAGORS: ROSENSTOCK ROBERT
ROSENSTOCK PAMELA
REGION CODE ADDRESS : 14751 PURCELLVILLE ROAD
01 CITY : PURCELLVILL
STATE/ZIP : VA 22132
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.22222
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,610,000.00
P & I AMT: 11,145.97 UPB AMT: 1,609,033.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 261
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070718994 MORTGAGORS: NG STANLEY
REGION CODE ADDRESS : 138 RIVER ROAD
01 CITY : GRANDVIEW
STATE/ZIP : NY 10960
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.07407
----------------------------------------------------------------------------
0 0070719208 MORTGAGORS: ANDERS DOUGLAS
STOLARZ CHRISTINE
REGION CODE ADDRESS : 1525 WOLLACOTT STREET
01 CITY : REDONDO BEA
STATE/ZIP : CA 90278
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070719430 MORTGAGORS: KATZ CAROLE
REGION CODE ADDRESS : 750 LIDO BLVD
01 CITY : LIDO BEACH
STATE/ZIP : NY 11561
MORTGAGE AMOUNT : 168,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 168,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,131.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070720123 MORTGAGORS: BENEFIEL JAMES
BENEFIEL MARLEE
REGION CODE ADDRESS : 2070 EMORY STREET
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 404,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,591.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.97283
----------------------------------------------------------------------------
0 0070720479 MORTGAGORS: GOOD ANDREW
GOOD SHERI
REGION CODE ADDRESS : 19 AUTUMN DR
01 CITY : DANBURY
STATE/ZIP : CT 06811
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,620,900.00
P & I AMT: 10,862.03 UPB AMT: 1,620,358.40
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 262
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070721014 MORTGAGORS: WU ROBIN
REGION CODE ADDRESS : 228 ROBBY LANE
01 CITY : NEW HYDE PA
STATE/ZIP : NY 11040
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,483.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070721105 MORTGAGORS: LOTZ JOHN
LOTZ KATHRYN
REGION CODE ADDRESS : 1061 AVONOAK TERRACE
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 449,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,649.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,062.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.41935
----------------------------------------------------------------------------
0 0070721378 MORTGAGORS: RUIZ IVAN
REGION CODE ADDRESS : 30 LYONS PLACE
01 CITY : BASKING RID
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,524.21 OUTSIDE CONV DATE :\
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.60317
----------------------------------------------------------------------------
0 0070721501 MORTGAGORS: REINEKE RODNEY
REINEKE TERI
REGION CODE ADDRESS : 17826 SE 60TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,821.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.00000
----------------------------------------------------------------------------
0 0070721824 MORTGAGORS: SANIEL JONATHAN
SANIEL ANNA
REGION CODE ADDRESS : 552 PRINCETON STREET
01 CITY : NEW MILFORD
STATE/ZIP : NJ 07646
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/19
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 86.14232
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,713,000.00
P & I AMT: 11,640.54 UPB AMT: 1,712,649.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 263
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070726229 MORTGAGORS: HALL BRYAN
HALL SUZANNE
REGION CODE ADDRESS : 4230 CALLE MEJILLONES
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,687.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,443.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070726435 MORTGAGORS: MOUNT SAMUEL
MOUNT DIANE
REGION CODE ADDRESS : 2010 SEQUOIA STREET
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.27273
----------------------------------------------------------------------------
0 0070726773 MORTGAGORS: PFEIFFER MICHAEL
PFEIFFER KARIN
REGION CODE ADDRESS : 12626 HEDGETREE COURT
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,750.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070728282 MORTGAGORS: ROSNER STEPHEN
ROSNER PRISCILLA
REGION CODE ADDRESS : 52 APPLETREE LN
01 CITY : ROSLYN HEIG
STATE/ZIP : NY 11577
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.50000
----------------------------------------------------------------------------
0 0070728555 MORTGAGORS: WINSHALL DOUGLAS
WINSHALL WENDI
REGION CODE ADDRESS : 42 NEUSTADT LN
01 CITY : CHAPPAQUA
STATE/ZIP : NY 10514
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 600,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,042.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.69666
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,833,000.00
P & I AMT: 12,317.31 UPB AMT: 1,832,238.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 264
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070728589 MORTGAGORS: BUCHANAN WILLIAM
BUCHANAN KAREN
REGION CODE ADDRESS : 640 2ND STREET
01 CITY : HERMOSA BEA
STATE/ZIP : CA 90254
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.09251
----------------------------------------------------------------------------
0 0070728720 MORTGAGORS: PERL DARREN
REGION CODE ADDRESS : 105 BROWNE STREET
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0070728779 MORTGAGORS: MACGOWAN BRUCE
MACGOWAN COLETTE
REGION CODE ADDRESS : 48 REDWOOD ROAD
01 CITY : FAIRFAX
STATE/ZIP : CA 94930
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.08434
----------------------------------------------------------------------------
0 0070729157 MORTGAGORS: CROUCH JEFFREY
CROUCH SHARON
REGION CODE ADDRESS : 2415 NW 159TH CIRCLE
01 CITY : VANCOUVER
STATE/ZIP : WA 98685
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.50000
----------------------------------------------------------------------------
0 0070729223 MORTGAGORS: HEIDER JOSEPH
REGION CODE ADDRESS : 2411 NE 32ND AVENUE
01 CITY : FT LAUDERDA
STATE/ZIP : FL 33305
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,554,750.00
P & I AMT: 10,509.27 UPB AMT: 1,554,238.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 265
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070729520 MORTGAGORS: DAVIS DAVID
DAVIS DEBRA
REGION CODE ADDRESS : 2564 JARDIN WAY
01 CITY : WESTON
STATE/ZIP : FL 33327
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070729736 MORTGAGORS: BARAG ELLEN
KRAUSE WILLIAM
REGION CODE ADDRESS : 116 INVERNESS DRIVE
01 CITY : BLUE BELL
STATE/ZIP : PA 19422
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,391.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 70.29703
----------------------------------------------------------------------------
0 0070730437 MORTGAGORS: BOWER EDWARD
BOWER BARBRO
REGION CODE ADDRESS : 10247 MARINE VIEW DRIVE SW
01 CITY : SEATTLE
STATE/ZIP : WA 98146
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.52941
----------------------------------------------------------------------------
0 0070730726 MORTGAGORS: BLEVIO HENRY
REGION CODE ADDRESS : 9 OAK POINT CLUB
01 CITY : NEW MILFORD
STATE/ZIP : CT 06776
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.56757
----------------------------------------------------------------------------
0 0070731757 MORTGAGORS: EMERY WALTER
EMERY SHEROLYN
REGION CODE ADDRESS : 1150 FORUM VENETO DRIVE
01 CITY : HENDERSON
STATE/ZIP : NV 89012
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,879,000.00
P & I AMT: 12,657.92 UPB AMT: 1,879,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 266
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070732722 MORTGAGORS: WILLIAMS DERRICK
REGION CODE ADDRESS : 6117 BAYLISS PLACE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 232,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,508.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.66277
----------------------------------------------------------------------------
0 0070733019 MORTGAGORS: ANDERSON KENNETH
COLVIN CAROL
REGION CODE ADDRESS : 12815 KATHERINE CIRCLE
01 CITY : CLERMONT
STATE/ZIP : FL 34711
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0070733548 MORTGAGORS: BENNETT JOHN
REGION CODE ADDRESS : 5 CHIOS
01 CITY : LAGUNA NIGU
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 382,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,186.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,544.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.27461
----------------------------------------------------------------------------
0 0070734223 MORTGAGORS: WILLIAMS HERMAN
WILLIAMS CATHERINE
REGION CODE ADDRESS : 8200 BROADACRES ROAD
01 CITY : SHREVEPORT
STATE/ZIP : LA 71129
MORTGAGE AMOUNT : 73,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 73,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 535.65 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 71.35875
----------------------------------------------------------------------------
0 0070735618 MORTGAGORS: BURNS BRUCE
BURNS BRENDA
REGION CODE ADDRESS : 01645 SW CORBETT HILL CIRC
01 CITY : PORTLAND
STATE/ZIP : OR 97219
MORTGAGE AMOUNT : 1,087,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,087,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,511.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,045,600.00
P & I AMT: 13,873.87 UPB AMT: 2,045,286.47
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 267
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070740907 MORTGAGORS: HALLE MARGO
REGION CODE ADDRESS : 1474 OLD LOGGING RD WEST
01 CITY : YORKTOWN HE
STATE/ZIP : NY 10598
MORTGAGE AMOUNT : 214,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 214,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,496.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.06667
----------------------------------------------------------------------------
0 0070741137 MORTGAGORS: RUTHVEN MARY
REGION CODE ADDRESS : 94091 RIVER ROAD
01 CITY : JUNCTION CI
STATE/ZIP : OR 97448
MORTGAGE AMOUNT : 167,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 167,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,145.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 69.98749
----------------------------------------------------------------------------
0 0070742408 MORTGAGORS: STANTON WILLIAM
STANTON DEBRA
REGION CODE ADDRESS : 1960 INDIGO LAKE DRIVE
01 CITY : MAGNOLIA
STATE/ZIP : TX 77355
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,883.23 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 72.22222
----------------------------------------------------------------------------
0 0070742937 MORTGAGORS: COSTA DAVID
COSTA LISA
REGION CODE ADDRESS : 196 STONE DAM ROAD
01 CITY : NORTH SCITU
STATE/ZIP : RI 02857
MORTGAGE AMOUNT : 660,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 660,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,133.41 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070743265 MORTGAGORS: BETKER MICHAEL
SAVERY SUSANNE
REGION CODE ADDRESS : 234 8TH AVENUE W
01 CITY : KIRKLAND
STATE/ZIP : WA 98033
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,999,900.00
P & I AMT: 14,785.61 UPB AMT: 1,999,900.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 268
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070743851 MORTGAGORS: SPREEN FREDRICK
REGION CODE ADDRESS : 789 NUTSWAMP ROAD
01 CITY : MIDDLETOWN
STATE/ZIP : NJ 07748
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,847.01 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070744065 MORTGAGORS: REGO MANSOLF KATHLEEN
REGION CODE ADDRESS : 1618 HOLLY BEACH FARM ROAD
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 591,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 590,538.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,031.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 72.07317
----------------------------------------------------------------------------
0 0070745682 MORTGAGORS: TOMKOVICH LYDIA
REGION CODE ADDRESS : 100 MANHASSET TRAIL
01 CITY : MEDFORD LAK
STATE/ZIP : NJ 08055
MORTGAGE AMOUNT : 75,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 75,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 524.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 56.81818
----------------------------------------------------------------------------
0 0070745773 MORTGAGORS: INZERILLO ANNA
REGION CODE ADDRESS : 35 CONROW ROAD
01 CITY : DELRAN
STATE/ZIP : NJ 08075
MORTGAGE AMOUNT : 180,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 180,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,289.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0070746730 MORTGAGORS: FRIEHS GERHARD
OJAKANGAS FR CATHERINE
REGION CODE ADDRESS : 7 FOSTER WAY
01 CITY : EAST GREENW
STATE/ZIP : RI 02818
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,746.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.18367
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,622,000.00
P & I AMT: 11,438.86 UPB AMT: 1,621,538.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 269
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070747043 MORTGAGORS: DEVILLIERS DAVID
DEVILLIERS MARLA
REGION CODE ADDRESS : 15306 NW 11TH AVENUE
01 CITY : VANCOUVER
STATE/ZIP : WA 98685
MORTGAGE AMOUNT : 220,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 220,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,482.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.57471
----------------------------------------------------------------------------
0 0070747415 MORTGAGORS: DUTY JOHN
DUTY PATRICIA
REGION CODE ADDRESS : 18222 SE BLANTON STREET
01 CITY : MILWAUKIE
STATE/ZIP : OR 97267
MORTGAGE AMOUNT : 163,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 163,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,198.97 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0070750047 MORTGAGORS: PEELER ADRIAN
PEELER LINDA
REGION CODE ADDRESS : 31 ANGLESITE
01 CITY : RANCHO SANT
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 251,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,748.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98536
----------------------------------------------------------------------------
0 0070751862 MORTGAGORS: ORY PETER
WOLZ SARAH
REGION CODE ADDRESS : 7236 78TH AVENUE SE
01 CITY : MERCER ISLA
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.28713
----------------------------------------------------------------------------
0 0070752290 MORTGAGORS: PROCTOR FOLSOM
PROCTOR KAREN
REGION CODE ADDRESS : 352 CARIBBEAN DRIVE EAST
01 CITY : SUMMERLAND
STATE/ZIP : FL 33042
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 : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.08696
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,345,350.00
P & I AMT: 8,983.62 UPB AMT: 1,345,148.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 270
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070754379 MORTGAGORS: LEIBOWITZ ROSELYN
REGION CODE ADDRESS : 20 26 NORTH MOORE STREET 4
01 CITY : NEW YORK
STATE/ZIP : NY 10013
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,894.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0070754544 MORTGAGORS: DVORAK DOUGLAS
DVORAK WENDI
REGION CODE ADDRESS : 2890 OCEAN FRONT
01 CITY : LAGUNA BEAC
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,492.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 47.27273
----------------------------------------------------------------------------
0 0070754825 MORTGAGORS: YELENCSICS DOUGLAS
YELENCSICS DIANE
REGION CODE ADDRESS : 18205 GARDINER LANE
01 CITY : JUPITER
STATE/ZIP : FL 33458
MORTGAGE AMOUNT : 505,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 505,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,363.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.85235
----------------------------------------------------------------------------
0 0070760343 MORTGAGORS: MAYHEW DOUGLAS
MAYHEW GAYLE
REGION CODE ADDRESS : 2105 SHADY LANE
01 CITY : MONROE
STATE/ZIP : NC 28110
MORTGAGE AMOUNT : 92,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 92,431.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 646.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 77.08333
----------------------------------------------------------------------------
0 0070760665 MORTGAGORS: ABOYTES JOSE
ABOYTES MARIA
REGION CODE ADDRESS : 3223 W LELAND AVENUE
01 CITY : CHICAGO
STATE/ZIP : IL 60625
MORTGAGE AMOUNT : 170,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 170,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,188.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,853,000.00
P & I AMT: 12,526.75 UPB AMT: 1,852,424.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 271
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070761044 MORTGAGORS: MURPHY COLIN
MURPHY LISA
REGION CODE ADDRESS : 1503 GENOA STREET
01 CITY : CORAL GABLE
STATE/ZIP : FL 33134
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0070763594 MORTGAGORS: RIVERO HIGINIO
REGION CODE ADDRESS : 20122 SW 103 AVENUE
01 CITY : MIAMI
STATE/ZIP : FL 33189
MORTGAGE AMOUNT : 78,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 78,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 550.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070765755 MORTGAGORS: TIMBERLAKE SCOTT
REGION CODE ADDRESS : 2171 NE SCHUYLER
01 CITY : PORTLAND
STATE/ZIP : OR 97212
MORTGAGE AMOUNT : 114,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 114,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 876.56 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.50000 PRODUCT CODE : 250
LTV : 60.00000
----------------------------------------------------------------------------
0 0070766068 MORTGAGORS: ZALLE MICHAEL
REGION CODE ADDRESS : 301 34TH STREET
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,692.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,790.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070766183 MORTGAGORS: ZARRA GARY
ZARRA DENA
REGION CODE ADDRESS : 1157 WESTOVER ROAD
01 CITY : STAMFORD
STATE/ZIP : CT 06905
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 55.96330
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,167,800.00
P & I AMT: 8,142.56 UPB AMT: 1,167,492.59
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 272
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070773544 MORTGAGORS: BETTINELLI JEFFREY
BETTINELLI CHRISTY
REGION CODE ADDRESS : 15327 SW ROUNDTREE
01 CITY : TIGARD
STATE/ZIP : OR 97223
MORTGAGE AMOUNT : 156,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 156,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,158.30 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 71.23288
----------------------------------------------------------------------------
0 0070774542 MORTGAGORS: ENGLISH MARK
ENGLISH ANN
REGION CODE ADDRESS : 8263 GRAY FOX DRIVE
01 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 227,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.18 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.12500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0070774831 MORTGAGORS: SWEET GARY
SWEET JUDY
REGION CODE ADDRESS : 88605 ERMI BEE ROAD
01 CITY : SPRINGFIELD
STATE/ZIP : OR 97478
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0070775424 MORTGAGORS: JUNCADELLA F
REGION CODE ADDRESS : 3811 SEGOVIA STREET
01 CITY : CORAL GABLE
STATE/ZIP : FL 33134
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070776109 MORTGAGORS: HACK CRAIG
HACK ALISON
REGION CODE ADDRESS : 5138 MISTY MORN ROAD
01 CITY : PALM BEACH
STATE/ZIP : FL 33418
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,371,300.00
P & I AMT: 9,616.61 UPB AMT: 1,371,300.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 273
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070776547 MORTGAGORS: VAN HEYNINGE WILLIAM
REGION CODE ADDRESS : 250 EAST 54TH STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 131,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 131,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 942.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 69.96279
----------------------------------------------------------------------------
0 0070777354 MORTGAGORS: MILLER VICTOR
MILLER WHITNEY
REGION CODE ADDRESS : 9 LIBBY LANE
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 556,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,792.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070778014 MORTGAGORS: CARR CLIFFORD
CARR LINDA
REGION CODE ADDRESS : UNIT 1205 BLOCK 1 OF SEASC
01 CITY : GALVESTON
STATE/ZIP : TX 77554
MORTGAGE AMOUNT : 38,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 38,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 288.09 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.12500 PRODUCT CODE : 250
LTV : 74.97585
----------------------------------------------------------------------------
0 0070779780 MORTGAGORS: CARLETTA ROSS
CARLETTA MARIA
REGION CODE ADDRESS : 100 SEVEN IRON COURT
01 CITY : PONTE VEDRA
STATE/ZIP : FL 32082
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.14894
----------------------------------------------------------------------------
0 0070780127 MORTGAGORS: BEJARANO ARTURO
BEJARANO VIRGINIA
REGION CODE ADDRESS : 11543 JACQUELIN ANN COURT
01 CITY : EL PASO
STATE/ZIP : TX 79936
MORTGAGE AMOUNT : 626,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 626,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,597.04 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 65.94737
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,677,900.00
P & I AMT: 11,837.90 UPB AMT: 1,677,900.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990630 00 01 02 03
PAGE: 274
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070782875 MORTGAGORS: CHRIQUI M
ELLENHORN ELLICE
REGION CODE ADDRESS : 616 NORTH 60TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070784830 MORTGAGORS: RAHMANAN SAM
RAHMANAN NURIT
REGION CODE ADDRESS : 6 ORCHARD ROAD
01 CITY : GREAT NECK
STATE/ZIP : NY 11023
MORTGAGE AMOUNT : 494,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,417.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070790514 MORTGAGORS: BARBARO ALTI FRANCES
ALTIERI PETER
REGION CODE ADDRESS : 119 JUNIPER ROAD
01 CITY : BELMONT
STATE/ZIP : MA 02178
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 : 04/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.80846
----------------------------------------------------------------------------
0 0070794987 MORTGAGORS: KIM YOUNG
KIM KYUNG
REGION CODE ADDRESS : 540 HOFFMAN DRIVE
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 475,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.07692
----------------------------------------------------------------------------
0 0863451316 MORTGAGORS: HANCOCK STEPHEN
REGION CODE ADDRESS : 735 TUCKAHOE TRAIL
00 CITY : ALPHARETTA
STATE/ZIP : GA 30202
MORTGAGE AMOUNT : 186,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 171,783.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,365.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/20
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,036,100.00
P & I AMT: 14,002.00 UPB AMT: 2,021,583.04
0 TOTAL NUM OF LOANS: 1370 LOAN AMT: 453,146,989.99
P & I AMT: 3,067,811.03 UPB AMT: 451,582,304.25
<PAGE>
POOL 2
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0004891677 MORTGAGORS: PHILLIPS GAIL
REGION CODE ADDRESS : 4025 ALTA MESA DRIVE
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,213.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,466.50 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 76.54321
----------------------------------------------------------------------------
0 0004950705 MORTGAGORS: BOCKMAN DAVID
BOCKMAN ELVIA
REGION CODE ADDRESS : 24589 SECOND STREET
01 CITY : HAYWARD
STATE/ZIP : CA 94541
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,222.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.42 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 02/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 69.01408
----------------------------------------------------------------------------
0 0005439484 MORTGAGORS: YUAN JOSEPH
YUAN THERESA
REGION CODE ADDRESS : 20027 LASSEN STREET
02 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 260,137.25 OPTION TO CONVERT :
UNPAID BALANCE : 240,249.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,295.56 OUTSIDE CONV DATE :
LIFETIME RATE : 9.87500 MATURITY DATE : 05/01/19
CURRENT INT RATE: 9.87500 PRODUCT CODE : 002
LTV : 78.82947
----------------------------------------------------------------------------
0 0005452230 MORTGAGORS: JAHNKE EDWARD
JAHNKE BARBARA
REGION CODE ADDRESS : 800 ARDEN ROAD
01 CITY : PASADENA
STATE/ZIP : CA 91106
MORTGAGE AMOUNT : 494,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,306.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,714.27 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005465927 MORTGAGORS: BARRAGAN SALVADOR
LIMP LYNNE
REGION CODE ADDRESS : 2011 RUHLAND AVENUE #B
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,151.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,140.30 OUTSIDE CONV DATE :
LIFETIME RATE : 9.00000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 9.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,575,537.25
P & I AMT: 12,544.05 UPB AMT: 1,449,143.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005508510 MORTGAGORS: SALVI KIRITKUMAR
SALVI REKHABEN
REGION CODE ADDRESS : 9 FRANCISCAN PLACE
01 CITY : POMONA
STATE/ZIP : CA 91766
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 219,005.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.28 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0005508965 MORTGAGORS: BERRY SCOTT
BERRY CHERYL
REGION CODE ADDRESS : 3 DEER CREEK
01 CITY : IRVINE
STATE/ZIP : CA 92714
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,084.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.96 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005512330 MORTGAGORS: YEN THOMAS
YEN SU MEI
REGION CODE ADDRESS : 5 RIMROCK
01 CITY : IRVINE
STATE/ZIP : CA 92715
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,134.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,736.26 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 66.05500
----------------------------------------------------------------------------
0 0005514328 MORTGAGORS: LARES ALFRED
REGION CODE ADDRESS : 27581 SONCILLO
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,162.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.36 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 77.27272
----------------------------------------------------------------------------
0 0005514336 MORTGAGORS: LEE HAE YUEN
LEE HONG JA
REGION CODE ADDRESS : 1116 VERA CRUZ STREET
01 CITY : MONTEBELLO
STATE/ZIP : CA 90640
MORTGAGE AMOUNT : 219,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 205,741.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.80 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 74.98293
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,364,700.00
P & I AMT: 10,503.66 UPB AMT: 1,239,129.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005515010 MORTGAGORS: CASTILLO REYNALDO
CASTILLO ELISEA
REGION CODE ADDRESS : 5153 MOUNT HELENA AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90041
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,817.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,488.93 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 84.21000
----------------------------------------------------------------------------
0 0005515655 MORTGAGORS: RAMIL ROMEO
RAMIL MADELEINE
REGION CODE ADDRESS : 3770 DEEDHAM DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,975.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.14 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005517941 MORTGAGORS: MARR BLAKE
DAVIS REBECCA
REGION CODE ADDRESS : 43623 TONICA RD.
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 226,578.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.54 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 88.18181
----------------------------------------------------------------------------
0 0005521026 MORTGAGORS: STUART KENNETH
STUART BARBARA
REGION CODE ADDRESS : 110 RIVER RIDGE WAY
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 223,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 206,164.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.34 OUTSIDE CONV DATE :
LIFETIME RATE : 8.75000 MATURITY DATE : 09/01/22
CURRENT INT RATE: 8.75000 PRODUCT CODE : 002
LTV : 84.15000
----------------------------------------------------------------------------
0 0005521257 MORTGAGORS: WEBB RALPH
WEBB YOLANDA
REGION CODE ADDRESS : 9922 BACANORA AVENUE
01 CITY : WHITTIER
STATE/ZIP : CA 90603
MORTGAGE AMOUNT : 224,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 209,461.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.37 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 79.15100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,306,800.00
P & I AMT: 10,138.32 UPB AMT: 1,171,997.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0005521315 MORTGAGORS: ARENA FRANK
ARENA SUSAN
REGION CODE ADDRESS : 337 PURDY AVENUE
01 CITY : PLACENTIA
STATE/ZIP : CA 92670
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,210.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.81 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0005521380 MORTGAGORS: REINHARDT PAUL
REINHARDT REBECCA
REGION CODE ADDRESS : 9305 PENBROOK COURT
01 CITY : ELK GROVE
STATE/ZIP : CA 95758
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,967.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.97 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 89.99641
----------------------------------------------------------------------------
0 0005521885 MORTGAGORS: WALSH THOMAS
REGION CODE ADDRESS : 1419-1421 AMAPOLA AVENUE
03 CITY : TORRANCE
STATE/ZIP : CA 90501
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,986.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,450.04 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 08/01/22
CURRENT INT RATE: 8.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005524335 MORTGAGORS: GLUM THEODORE
GLUM MARY
REGION CODE ADDRESS : 6249 STANLEY AVENUE
01 CITY : CARMICHAEL
STATE/ZIP : CA 95608
MORTGAGE AMOUNT : 260,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,146.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.94 OUTSIDE CONV DATE :
LIFETIME RATE : 8.50000 MATURITY DATE : 09/01/22
CURRENT INT RATE: 8.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0005528112 MORTGAGORS: RIVERA ERNESTO
RIVERA BENILDA
REGION CODE ADDRESS : 21255 TRAIL RIDGE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92686
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,039.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,784.76 OUTSIDE CONV DATE :
LIFETIME RATE : 8.87500 MATURITY DATE : 09/01/22
CURRENT INT RATE: 8.87500 PRODUCT CODE : 002
LTV : 79.18500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,456,100.00
P & I AMT: 11,342.52 UPB AMT: 1,358,349.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007688443 MORTGAGORS: YANG PAO-WEN
YANG TENN-HWA
REGION CODE ADDRESS : 501-503 A & B W LINDA VISTA
01 CITY : ALHAMBRA
STATE/ZIP : CA 91801
MORTGAGE AMOUNT : 233,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,512.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.08 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 68.70588
----------------------------------------------------------------------------
0 0007702970 MORTGAGORS: DAVIS KRIS
DAVIS ELIZABETH
REGION CODE ADDRESS : 22681 WHITE OAKS
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,222.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,761.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99229
----------------------------------------------------------------------------
0 0007734569 MORTGAGORS: MULL MARIE
REGION CODE ADDRESS : 25371 AVENIDA RONADA, VALENCIA AREA
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 165,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 164,126.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,153.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------------------
0 0007748973 MORTGAGORS: RUTT LORING
REGION CODE ADDRESS : 475 ORANGE GROVE CIRCLE
03 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,066.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,223.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 32.14200
----------------------------------------------------------------------------
0 0007749047 MORTGAGORS: DRAGICEVIC RADE
DRAGICEVIC MATIJA
REGION CODE ADDRESS : 1154 AVONOAK TERRACE
03 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,422.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,955.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,676,100.00
P & I AMT: 11,807.86 UPB AMT: 1,661,350.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007749542 MORTGAGORS: ASBILLE DANNY
ASBILLE SALLY
REGION CODE ADDRESS : 3626 HYACINTH DRIVE
03 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 495,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,275.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,467.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 90.00000
----------------------------------------------------------------------------
0 0007749773 MORTGAGORS: TAYLOR CHRISTOPHER
FINNEY-TAYLOR KYLE
REGION CODE ADDRESS : 15808 VALLEY VISTA BOULEVARD
03 CITY : ENCINO AREA) LOS ANGELES
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,617.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 72.00000
----------------------------------------------------------------------------
0 0007749880 MORTGAGORS: KESSLER JENNIFER
REGION CODE ADDRESS : 11017 WILLOWBRAE AVENUE
03 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 464,560.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,192.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0007749997 MORTGAGORS: PRESCOTT PETER
REGION CODE ADDRESS : 30442 MARBELLA VISTA
03 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 429,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,729.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,999.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 60.42200
----------------------------------------------------------------------------
0 0007750060 MORTGAGORS: MOURAD SALIM
MOURAD AMAL
REGION CODE ADDRESS : 1427 MIRAMONTE AVENUE
03 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 499,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,237.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,453.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 49.99500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,342,850.00
P & I AMT: 16,259.11 UPB AMT: 2,329,420.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007750086 MORTGAGORS: MATHUR DEEPAK
MATHUR NUTAN
REGION CODE ADDRESS : 8860 EAST CRESTVIEW LANE
03 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,371.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.41 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0007752553 MORTGAGORS: ZADEH REUBEN
REGION CODE ADDRESS : 2410 SOUTH HALM AVENUE
03 CITY : LOS ANGELES
STATE/ZIP : CA 90034
MORTGAGE AMOUNT : 221,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 220,107.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,472.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 79.98500
----------------------------------------------------------------------------
0 0007799984 MORTGAGORS: TINGLER GRAHAM
TINGLER MICHELLE
REGION CODE ADDRESS : 1421 PRISCILLA LANE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,561.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800030 MORTGAGORS: MULL CRAIG
MULL MARY
REGION CODE ADDRESS : 108 SOMBRERO WAY
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,522.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,725.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.44400
----------------------------------------------------------------------------
0 0007800196 MORTGAGORS: ZOSCAK DAVID
ZOSCAK LISA
REGION CODE ADDRESS : 25121 MAMMOTH CIRCLE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 313,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,199.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.97100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,406,100.00
P & I AMT: 9,927.37 UPB AMT: 1,393,762.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007800394 MORTGAGORS: LEON MARK
LEON JULIE
REGION CODE ADDRESS : 10159 HERMOSA WAY
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,480.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007800402 MORTGAGORS: MOLINA JOHN
MOLINA MICHELLE
REGION CODE ADDRESS : 2625-2627 EAST OCEAN BOULEVARD
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,030.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.50200
----------------------------------------------------------------------------
0 0007800410 MORTGAGORS: NANCHY THOMAS
NANCHY TINA
REGION CODE ADDRESS : 2616 BON VIEW AVENUE
01 CITY : ONTARIO
STATE/ZIP : CA 91761
MORTGAGE AMOUNT : 149,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,500.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,048.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0007800428 MORTGAGORS: HERBERTS CURT
HERBERTS MELISSA
REGION CODE ADDRESS : 465 SAN BERNARDINO AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,479.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,941.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0007801160 MORTGAGORS: BACA JAMES
BACA CINDY
REGION CODE ADDRESS : 6210 EAST BLAIRWOOD LANE
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,073.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,613.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.96700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,203,950.00
P & I AMT: 14,705.92 UPB AMT: 2,196,563.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801178 MORTGAGORS: SALAZAR PAUL
SALAZAR JOYCE
REGION CODE ADDRESS : 2670 WEST KEARNY LANE
01 CITY : LA HABRA
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,204.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801186 MORTGAGORS: MILLETT GREGG
MILLETT KATHLEEN
REGION CODE ADDRESS : 16809 MULBERRY CIRCLE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,651.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 94.98000
----------------------------------------------------------------------------
0 0007801244 MORTGAGORS: ACIERNO THOMAS
REGION CODE ADDRESS : 1247 BANGOR STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106\
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,319.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,967.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0007801251 MORTGAGORS: LISTUG STEVEN
LISTUG HEIDI
REGION CODE ADDRESS : 629 WAKEROBIN LANE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,482.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801269 MORTGAGORS: SAMMON G
SAMMON DEBRA
REGION CODE ADDRESS : 537 ALMANOR STREET
01 CITY : PETALUMA
STATE/ZIP : CA 94954
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,521.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,526,600.00
P & I AMT: 10,421.95 UPB AMT: 1,524,179.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801509 MORTGAGORS: CRAIN MICHAEL
CRAIN THERESA
REGION CODE ADDRESS : 2360 ALSACE COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,440.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801582 MORTGAGORS: JEFFERS WILLIAM
REGION CODE ADDRESS : 6240 EAGLES RUN ROAD
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 544,188.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,810.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.28300
----------------------------------------------------------------------------
0 0007801590 MORTGAGORS: WEBB MELVIN
WEBB JOAN
REGION CODE ADDRESS : 25205 BARONET ROAD
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 299,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,754.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801608 MORTGAGORS: BROWN PHILIP
BROWN CHRISTINA
REGION CODE ADDRESS : 137-B SOUTHAMPTON LANE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 285,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,302.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,949.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0007801616 MORTGAGORS: HAMMEL SCOTT
HAMMEL LYNDA
REGION CODE ADDRESS : 1686 SORREL DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 649,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,835.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,378.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.70100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,119,850.00
P & I AMT: 14,492.62 UPB AMT: 2,116,522.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801624 MORTGAGORS: PFEIFFER KARL
CAVALLARO GRACE
REGION CODE ADDRESS : 1552 ST. HELENA DRIVE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,517.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0007801657 MORTGAGORS: WALORINTA WAYNE
WALORINTA GAYLE
REGION CODE ADDRESS : 8177 PESCADERO CREEK ROAD
01 CITY : PESCADERO
STATE/ZIP : CA 94021
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,490.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,306.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.78100
----------------------------------------------------------------------------
0 0007801665 MORTGAGORS: REFUERZO DAVE
KNIGHT JUDY
REGION CODE ADDRESS : 1034 FARRAGUT DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,449.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.00000
----------------------------------------------------------------------------
0 0007801681 MORTGAGORS: TULLY RYAN
DUFFEY KENTA
REGION CODE ADDRESS : 14345 SADDLE MOUNTAIN DRIVE
01 CITY : LOS ALTOS HILLS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,117.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,705.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 31.70000
----------------------------------------------------------------------------
0 0007801699 MORTGAGORS: BURRISS MARK
BURRISS TRACY
REGION CODE ADDRESS : 1313 LOS ARBOLES AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,408.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,938,000.00
P & I AMT: 13,259.97 UPB AMT: 1,934,982.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0007801707 MORTGAGORS: GUTIERREZ LORI
GUTIERREZ DAVID
REGION CODE ADDRESS : 5047 BEL CANTO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,539.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0019815174 MORTGAGORS: O'DONNELL JOSEPH
O'DONNELL CARMELITA
REGION CODE ADDRESS : 2644 JALNA LANE
00 CITY : FALLBROOK
STATE/ZIP : CA 81117
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 646,319.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,258.87 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 02/01/26
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0031689680 MORTGAGORS: KANE STEPHEN
KANE REBECCA
REGION CODE ADDRESS : 25282 STAGELINE DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,849.55 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 : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031737414 MORTGAGORS: FLYNN STEPHEN
FLYNN SUZAN
REGION CODE ADDRESS : 3541 CORTE ESPERANZA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 606,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 603,963.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,714.58 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 73.92073
----------------------------------------------------------------------------
0 0031775174 MORTGAGORS: MITSINGAS ANTHONY
REGION CODE ADDRESS : 1738 SOMERLANE STREET
01 CITY : EL CAJON
STATE/ZIP : CA 92021
MORTGAGE AMOUNT : 153,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 151,947.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,056.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 68.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,199,150.00
P & I AMT: 16,109.43 UPB AMT: 2,138,619.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031843782 MORTGAGORS: SARDESAI AMEET
SARDESAI MONICA
REGION CODE ADDRESS : 34465 WILLOW LANE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 392,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,303.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 89.99900
----------------------------------------------------------------------------
0 0031892607 MORTGAGORS: FISHER DONALD
FISHER CATHERINE
REGION CODE ADDRESS : 710 EAST DALTON AVENUE
01 CITY : GLENDORA
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 258,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,345.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.00000
----------------------------------------------------------------------------
0 0031914047 MORTGAGORS: CHAPMAN EDDIE
CHAPMAN MICHELE
REGION CODE ADDRESS : 14025 SADDLEWOOD DRIVE
01 CITY : POWAY
STATE/ZIP : CA 92064
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031917636 MORTGAGORS: RAHIMZADEH HOSSEIN
RAHIMZADEH FAHIMEH
REGION CODE ADDRESS : 22121 BURBANK BOULEVARD
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 120,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 119,899.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 788.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031933864 MORTGAGORS: HAZELL CURTIS
DOYLE PATRICIA
REGION CODE ADDRESS : 548 N MISSION DRIVE
01 CITY : SAN GABRIEL
STATE/ZIP : CA 91775
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,564.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,375,750.00
P & I AMT: 9,307.91 UPB AMT: 1,373,869.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031939267 MORTGAGORS: WEED KENT
PENDERGAST KIM
REGION CODE ADDRESS : 132 NORTH ALMONT DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,293.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
0 0031939283 MORTGAGORS: TOMA JAMES
TOMA LENA
REGION CODE ADDRESS : 18805 TOMAHAWK STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,551.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.87600
----------------------------------------------------------------------------
0 0031939986 MORTGAGORS: JESPERSON RICHARD
JESPERSON SANDRA
REGION CODE ADDRESS : 32122 RANCHO CIELO
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,112.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031940190 MORTGAGORS: FULLERTON KATRINE
FULLERTON IAN
REGION CODE ADDRESS : 3324 AXFORD ROAD,
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 315,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,481.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0031940257 MORTGAGORS: MENEZES ALLEN
MENEZES LINDA
REGION CODE ADDRESS : 3308 AXFORD ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 329,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,049.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99018
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,570,750.00
P & I AMT: 10,426.03 UPB AMT: 1,564,489.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031940729 MORTGAGORS: BROCK DOUGLAS
BROCK RENEE
REGION CODE ADDRESS : 25242 OVERLAND DRIVE
01 CITY : VOLCANO
STATE/ZIP : CA 95689
MORTGAGE AMOUNT : 200,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 199,831.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,313.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031940794 MORTGAGORS: HORKAN CHARLES
HORKAN MARY
REGION CODE ADDRESS : 10732 ROCHESTER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,241.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.75400
----------------------------------------------------------------------------
0 0031941263 MORTGAGORS: DICKSON ROBERT
DICKSON JANET
REGION CODE ADDRESS : 28058 LIANA LANE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,196.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031941644 MORTGAGORS: PUENTES MANUEL
PUENTES JULIE
REGION CODE ADDRESS : 301 CALLE DESCANSO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,384.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.47900
----------------------------------------------------------------------------
0 0031942006 MORTGAGORS: ORR CHARLES
ORR VICTORIA
REGION CODE ADDRESS : 348 CANYON FALLS DRIVE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,853.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,353,000.00
P & I AMT: 9,137.30 UPB AMT: 1,349,507.27
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031942220 MORTGAGORS: LANE ARTHUR
LANE LORRAINE
REGION CODE ADDRESS : 16340 SAN RAMON DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 352,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,961.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,434.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031942550 MORTGAGORS: CANNAVA ANDREW
REGION CODE ADDRESS : 7536 LOLINA LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,172.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,887.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.76200
----------------------------------------------------------------------------
0 0031942790 MORTGAGORS: GUNNING KEVIN
REGION CODE ADDRESS : 3323 ALEGRE LANE
01 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,446.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,324.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.40800
----------------------------------------------------------------------------
0 0031943343 MORTGAGORS: QUAKENBUSH MICHAL ANNE
QUAKENBUSH ERIC
REGION CODE ADDRESS : 3 DUTCH VALLEY LANE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 554,754.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,887.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031943475 MORTGAGORS: ETEMAD SAID
ETEMAD SHIDEH
REGION CODE ADDRESS : 11740 ANGELIQUE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,458.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,545.14 OUTSIDE CONV DATE :\
LIFETIME RATE : 7.50000 MATURITY DATE :02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,173,500.00
P & I AMT: 15,079.37 UPB AMT: 2,169,793.02
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031947237 MORTGAGORS: YAHYAI MOHAMMAD
YAHYAI CRISTINA
REGION CODE ADDRESS : 14311 RANCHO SANTA FE LAKES DRIVE
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,453.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.65200
----------------------------------------------------------------------------
0 0031947849 MORTGAGORS: RENTZER GAIL
RENTZER ROBERT
REGION CODE ADDRESS : 5011 CASA DRIVE
01 CITY : TARZANA AREA LOS ANGELES
STATE/ZIP : CA 91356
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 47.58000
----------------------------------------------------------------------------
0 0031948284 MORTGAGORS: GOMEZ ORLANDO
GOMEZ EVELIA
REGION CODE ADDRESS : 1138 KEY AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94124
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,567.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031953045 MORTGAGORS: JOHE LESTER
JOHE JILL
REGION CODE ADDRESS : 3023 KITTERY AVENUE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,523.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031954340 MORTGAGORS: LIEBLING JEROME
ALLEN-LIEBLING GLENDA
REGION CODE ADDRESS : 10460 FAIRWAY LANE
01 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,259.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 50.81800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,752,250.00
P & I AMT: 11,692.36 UPB AMT: 1,750,580.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031954597 MORTGAGORS: LOHNEISS WILLIAM
LOHNEISS AMY
REGION CODE ADDRESS : 8950 MT.ISRAEL ROAD,
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,697.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0031954621 MORTGAGORS: TEXEIRA TERRI
BLOOM MELISSA
REGION CODE ADDRESS : 6433 WESTOVER
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,761.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.63400
----------------------------------------------------------------------------
0 0031954647 MORTGAGORS: SUCHARCZUK GUY
REGION CODE ADDRESS : 765 MAHOGANY LANE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,725.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.89300
----------------------------------------------------------------------------
0 0031955438 MORTGAGORS: VALERIO ARIOSTO
VALERIO ELENITA
REGION CODE ADDRESS : 2813 COUNTRYWOOD LANE
01 CITY : WEST COVINA
STATE/ZIP : CA 91791
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 539,557.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,592.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.67742
----------------------------------------------------------------------------
0 0031956170 MORTGAGORS: CANAAN CHRISTOPHER
CANAAN REVA
REGION CODE ADDRESS : 949 JEANETTE AVENUE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,690.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.69200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,936,000.00
P & I AMT: 12,961.14 UPB AMT: 1,934,431.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031958465 MORTGAGORS: VERGARA GREG
VERGARA ELENA
REGION CODE ADDRESS : 2553 JASMINE COURT
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,860.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,294.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/19
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.79700
----------------------------------------------------------------------------
0 0031958473 MORTGAGORS: JOHNSON TIMOTHY
JOHNSON JANETTE
REGION CODE ADDRESS : 3876 EAST LUCAS COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 251,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,535.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99821
----------------------------------------------------------------------------
0 0031958978 MORTGAGORS: ONEILL THOMAS
ONEILL PATRICIA
REGION CODE ADDRESS : 270 FAIRVIEW COURT
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,301.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.00000
----------------------------------------------------------------------------
0 0031959778 MORTGAGORS: CORONADO GILBERTO
CAVERO JANETH
REGION CODE ADDRESS : 603 CHERRY AVENUE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,274.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031961196 MORTGAGORS: BOWLES CRAIG
BOWLES JILL
REGION CODE ADDRESS : 4272 CORTE FAMOSA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,567.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.71000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,415,450.00
P & I AMT: 9,848.44 UPB AMT: 1,409,539.88
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031961659 MORTGAGORS: NEAL CHRISTOPHER
ISAAC STEPHANIE
REGION CODE ADDRESS : 8865 WONDERLAND AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,309.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.21100
----------------------------------------------------------------------------
0 0031962764 MORTGAGORS: BAILEY SCOTT
BAILEY BEVERLY
REGION CODE ADDRESS : 106 BEAVER TRAIL
01 CITY : MAMMOTH LAKES
STATE/ZIP : CA 93546
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,745.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.89600
----------------------------------------------------------------------------
0 0031963036 MORTGAGORS: CMELAK JOHN
CMELAK MICHELLE
REGION CODE ADDRESS : 5335 FAIRWEATHER COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 340,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,921.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031963697 MORTGAGORS: MCMORROW THOMAS
MCMORROW KATRINA
REGION CODE ADDRESS : 434 ROOS STREET
01 CITY : DAVIS
STATE/ZIP : CA 95616
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.73100
----------------------------------------------------------------------------
0 0031963895 MORTGAGORS: RAMIREZ ARNOLD
ORTIZ BELINDA
REGION CODE ADDRESS : 1322 RANGETON DR.
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 248,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,088.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 69.97100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,698,600.00
P & I AMT: 11,449.98 UPB AMT: 1,695,064.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031963911 MORTGAGORS: ZHAO YI
XU ZHE
REGION CODE ADDRESS : 38 OHIO
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 257,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,328.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
0 0031964182 MORTGAGORS: MARTIN RANDY
MARTIN MARY
REGION CODE ADDRESS : 20825 PASEO DE LA RAMBLA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,672.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 77.66900
----------------------------------------------------------------------------
0 0031965379 MORTGAGORS: YANNUZZI DANIEL
YANNUZZI JUNE
REGION CODE ADDRESS : 2448 AVENIDA CANORA
01 CITY : ALPINE
STATE/ZIP : CA 91901
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,710.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,259.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031965809 MORTGAGORS: SCROGGINS STUART
SCROGGINS TAMRA
REGION CODE ADDRESS : 11991 ASHLEY PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 252,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,707.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.03100
----------------------------------------------------------------------------
0 0031966062 MORTGAGORS: HAUGEN SANDRA
REGION CODE ADDRESS : 117 STONEYCREEK ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 216,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 215,653.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,455.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,470,450.00
P & I AMT: 9,793.47 UPB AMT: 1,469,072.44
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031966112 MORTGAGORS: PIZZUTO MICHAEL
PIZZUTO SOLLA
REGION CODE ADDRESS : 11937 PACIFIC AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,633.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.50900
----------------------------------------------------------------------------
0 0031966211 MORTGAGORS: MOTAMEDI MASOUD
SALEHI FERESHTEH
REGION CODE ADDRESS : 6123 COUNTY OAK ROAD
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031966799 MORTGAGORS: MILLIKEN RALPH
MILLIKEN DOROTHY
REGION CODE ADDRESS : 23556 NEARGATE DRIVE,
01 CITY : SANTA CLARITA,
STATE/ZIP : CA 91321
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,785.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.56626
----------------------------------------------------------------------------
0 0031967292 MORTGAGORS: BEST THOMAS
BEST STEPHANIE
REGION CODE ADDRESS : 2021 HARMONY WAY
01 CITY : VISTA
STATE/ZIP : CA 92083
MORTGAGE AMOUNT : 191,799.00 OPTION TO CONVERT :
UNPAID BALANCE : 191,629.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,228.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 94.99900
----------------------------------------------------------------------------
0 0031967524 MORTGAGORS: MITCHELL RONALD
AMORE CHRISTOPHER
REGION CODE ADDRESS : 648 TERESITA BOULEVARD
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,806.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,754.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.12800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,528,799.00
P & I AMT: 10,376.11 UPB AMT: 1,527,854.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031967847 MORTGAGORS: SMITH DARRIS
SMITH NANCY
REGION CODE ADDRESS : 6515 HASTINGS PLACE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,289.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,838.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 86.37800
----------------------------------------------------------------------------
0 0031969082 MORTGAGORS: BENSON STEVEN
GOLDSTEIN LYNN
REGION CODE ADDRESS : 3345 STEWART AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,987.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,152.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97400
----------------------------------------------------------------------------
0 0031969728 MORTGAGORS: FULLER DAVID
REGION CODE ADDRESS : 59 BATES BLVD
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 356,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,804.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,490.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 74.98900
----------------------------------------------------------------------------
0 0031970486 MORTGAGORS: HALEY LAWRENCE
HALEY DELPHINE
REGION CODE ADDRESS : 19512 SIERRA SANTO ROAD
01 CITY : IRVINE
STATE/ZIP : CA 92612
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.02141
----------------------------------------------------------------------------
0 0031970619 MORTGAGORS: BERMAN ROBERT
REGION CODE ADDRESS : 7415 OAKMONT DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 89,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 89,182.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 616.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,361,450.00
P & I AMT: 9,273.58 UPB AMT: 1,359,995.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031970684 MORTGAGORS: MCPHEETERS TONY
MCPHEETERS LAURA
REGION CODE ADDRESS : 14222 SAN ANTONIO DRIVE
01 CITY : RANCHO COCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 261,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,891.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.95100
----------------------------------------------------------------------------
0 0031970742 MORTGAGORS: THOMAS DAVY
THOMAS LEE
REGION CODE ADDRESS : 427 PLEASANT VALLEY ROAD
01 CITY : APTOS
STATE/ZIP : CA 95003
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.33300
----------------------------------------------------------------------------
0 0031972839 MORTGAGORS: WHELAN JOHN
REGION CODE ADDRESS : 228 HAZEL DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 675,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 674,473.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,604.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 45.00000
----------------------------------------------------------------------------
0 0031973340 MORTGAGORS: TOLENTINO ALARICO
TOLENTINO FELICISIMA
REGION CODE ADDRESS : 1022 VIA CORDOVA
01 CITY : SAN PEDRO
STATE/ZIP : CA 90732
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 : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031973753 MORTGAGORS: SHARIFPANAH ALIREZA
REGION CODE ADDRESS : 1650 COLBY AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 280,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,596.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,796,900.00
P & I AMT: 12,222.52 UPB AMT: 1,795,488.06
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031974306 MORTGAGORS: LANSDALE WILLIAM
LANSDALE MARIANTHI
REGION CODE ADDRESS : 350 OCEAN AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,239.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,906.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 49.26100
----------------------------------------------------------------------------
0 0031975212 MORTGAGORS: HUNT PERRY
HUNT SANDRA
REGION CODE ADDRESS : 2839 TOYON DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,596.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,153.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031975469 MORTGAGORS: MITCHEM DENNIS
MITCHEM HOLLY
REGION CODE ADDRESS : 4488 THACHER ROAD
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 413,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,661.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,747.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.88394
----------------------------------------------------------------------------
0 0031975600 MORTGAGORS: ANGELL TERI
REGION CODE ADDRESS : 5517 VIA ONTIVEROS
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 74.28500
----------------------------------------------------------------------------
0 0031975741 MORTGAGORS: VALOVICK R
HINOJOSA M
REGION CODE ADDRESS : 11 GEORGIA
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 255,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,595.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,723.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,408,800.00
P & I AMT: 16,349.06 UPB AMT: 2,406,899.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031975766 MORTGAGORS: HARDIN RANDALL
BARKLEY-HARDIN MARION
REGION CODE ADDRESS : 9834 PINE ACRE COURT
01 CITY : ELK GROVE
STATE/ZIP : CA 95624
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.65100
----------------------------------------------------------------------------
0 0031975923 MORTGAGORS: NUNCIATO DAVID
NUNCIATO ZAHRA
REGION CODE ADDRESS : 17 TRIESTE
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,629.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,007.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031976269 MORTGAGORS: MANES VICTOR
MANES NORMA
REGION CODE ADDRESS : 10735 CRANKS ROAD
01 CITY : CULVER CITY
STATE/ZIP : CA 90230
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,267.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,192.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031976442 MORTGAGORS: DUNN RICHARD
DUNN DIANE
REGION CODE ADDRESS : 726 ELVIRA AVE #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,394.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,448.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.60000
----------------------------------------------------------------------------
0 0031976632 MORTGAGORS: JAMES JOHN
REGION CODE ADDRESS : 28881 SIERRA PEAK LANE
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,306.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.72970
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,933,000.00
P & I AMT: 12,998.34 UPB AMT: 1,930,050.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031977473 MORTGAGORS: ANDERSON SAM
HANCOCK-ANDERSON BARBARA
REGION CODE ADDRESS : 4958 ARCOLA AVENUE
01 CITY : TOLUCA LAKE AREA
STATE/ZIP : CA 91601
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,575.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.16400
----------------------------------------------------------------------------
0 0031978208 MORTGAGORS: DOMBRO JEFFERY
LAMERS LESLIE
REGION CODE ADDRESS : 4806 PLACIDIA AVENUE
01 CITY : TOLUCA LAKE AREA
STATE/ZIP : CA 91601
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,499.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031978406 MORTGAGORS: ERTL JANIKA
ERTL JULIE
REGION CODE ADDRESS : 4824 OAK VISTA DRIVE
01 CITY : CARMICHAEL
STATE/ZIP : CA 95608
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,691.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.52830
----------------------------------------------------------------------------
0 0031979032 MORTGAGORS: BARCUS BETH
REGION CODE ADDRESS : 59 RIVO ALTO CANAL
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,257.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 34.36400
----------------------------------------------------------------------------
0 0031979636 MORTGAGORS: WARING TODD
GORDON EVE
REGION CODE ADDRESS : 2243 22TH STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,642.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,011.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.41000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,732,000.00
P & I AMT: 11,724.12 UPB AMT: 1,729,667.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031979719 MORTGAGORS: DEROSE JOHN
REGION CODE ADDRESS : 4594 PESCADERO AVE.& 1515&1517 FROU
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 371,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,953.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,501.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0031980204 MORTGAGORS: PATRIZIO MARK
PATRIZIO SHERRY
REGION CODE ADDRESS : 40 CYPRESS HOLLOW DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,426.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,162.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 67.70800
----------------------------------------------------------------------------
0 0031981004 MORTGAGORS: KRONGAARD DANIEL
KRONGAARD DIANA
REGION CODE ADDRESS : 2701 CORTE AMATISTA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,691.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.14800
----------------------------------------------------------------------------
0 0031981103 MORTGAGORS: NESBIT DOUGLAS
NESBIT LISA
REGION CODE ADDRESS : 25 GELDING COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,796.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.00000
----------------------------------------------------------------------------
0 0031981145 MORTGAGORS: RATHJENS DIETRICH
HALSEMA-RATHJENS LISA
REGION CODE ADDRESS : 19011 RALEIGH PLACE,
01 CITY : SARATOGA,
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 495,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 495,073.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,213.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 65.19700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,179,750.00
P & I AMT: 14,422.61 UPB AMT: 2,177,940.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031981384 MORTGAGORS: ROBINSON JOHN
LOUDEN LAURA
REGION CODE ADDRESS : 1614 VIRGINIA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90019
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031982465 MORTGAGORS: HARRIS LAURENCE
HARRIS MARLENE
REGION CODE ADDRESS : 28314 EASTON LANE (SAUGUS AREA)
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91350
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031982770 MORTGAGORS: BELL JAMES
COMSTOCK ANGELA
REGION CODE ADDRESS : 2206 HACIENDA STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,668.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.64000
----------------------------------------------------------------------------
0 0031983521 MORTGAGORS: WEISER ROBERT
WEISER TAMARA
REGION CODE ADDRESS : 351 SOUTHRIDGE DRIVE
01 CITY : AGOURA
STATE/ZIP : CA 91377
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,748.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.15000
----------------------------------------------------------------------------
0 0031984172 MORTGAGORS: DREUSIKE DONALD
DREUSIKE DAGMAR
REGION CODE ADDRESS : 11351 GLADWIN STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 387,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,141.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 66.81000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,703,500.00
P & I AMT: 11,328.08 UPB AMT: 1,702,097.70
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031984768 MORTGAGORS: CARAEFF EDMOND
REGION CODE ADDRESS : 2433 28TH STREET NO. Q
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 287,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,881.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0031984834 MORTGAGORS: CHO SONYA
HONG DAVID
REGION CODE ADDRESS : 3124-3126 TURK STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,645.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,103.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.42300
----------------------------------------------------------------------------
0 0031984925 MORTGAGORS: O'BRIEN FREDA
REGION CODE ADDRESS : 611 WARWICK COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,731.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031984958 MORTGAGORS: WRIGHT JOHN
WRIGHT CAROLINE
REGION CODE ADDRESS : 6521 SANDYPOINT COURT
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 477,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,145.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,338.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.46100
----------------------------------------------------------------------------
0 0031984974 MORTGAGORS: HOKOM JOHN
REGION CODE ADDRESS : 254 20TH STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 32.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,955,600.00
P & I AMT: 13,350.48 UPB AMT: 1,954,403.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031985468 MORTGAGORS: BALZHISER GARY
BALZHISER PEGGY
REGION CODE ADDRESS : 27192 HIDDEN TRAIL ROAD
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 547,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 547,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,594.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.80000
----------------------------------------------------------------------------
0 0031985500 MORTGAGORS: BOOKHAMER BRET
BOOKHAMER LEAH
REGION CODE ADDRESS : 20834 ELFIN FOREST ROAD
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,772.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.50000
----------------------------------------------------------------------------
0 0031986888 MORTGAGORS: MEADOWS VIRGINIA
REGION CODE ADDRESS : 925 RAILROAD AVENUE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,790.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.13000
----------------------------------------------------------------------------
0 0031987084 MORTGAGORS: MARYMAN BRADLEY
MARYMAN HELEN
REGION CODE ADDRESS : 3268 RUNNING TRAILS AVENUE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 343,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,832.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,340.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0031987555 MORTGAGORS: PIEROPAN EMELIO
REGION CODE ADDRESS : 25 SAINT JOHN
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 276,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,344.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,694,100.00
P & I AMT: 11,262.11 UPB AMT: 1,692,940.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031987647 MORTGAGORS: AMSLER JANE
REGION CODE ADDRESS : 200 HARBOR DRIVE #2801
01 CITY : SAN DIEGO
STATE/ZIP : CA 92101
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,684.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,971.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.27200
----------------------------------------------------------------------------
0 0031988124 MORTGAGORS: NICHOLS PAUL
NICHOLS MARGARET
REGION CODE ADDRESS : 26129 FORESTER WAY
01 CITY : STEVENSON RANCH AREA
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 266,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,236.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0031988934 MORTGAGORS: BRUNO PETER
BRUNO CAROL
REGION CODE ADDRESS : 52 CASTRO ROAD
01 CITY : MONTEREY
STATE/ZIP : CA 93940
MORTGAGE AMOUNT : 393,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,669.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,581.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.42600
----------------------------------------------------------------------------
0 0031989320 MORTGAGORS: SCHNABEL CHRISTOPHER
CLARK TAMMY
REGION CODE ADDRESS : 3460 OAK LANE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 380,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,746.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,560.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99500
----------------------------------------------------------------------------
0 0031989486 MORTGAGORS: ROUNDS STEPHEN
REGION CODE ADDRESS : 35 OHIO
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 286,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,359.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 84.99700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,751,100.00
P & I AMT: 11,791.76 UPB AMT: 1,749,696.63
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031989882 MORTGAGORS: HUANG CASPER
HUANG JENNIFER
REGION CODE ADDRESS : 715 SOUTH 5TH AVENUE
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,740.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.93600
----------------------------------------------------------------------------
0 0031991201 MORTGAGORS: SWEET DANIEL
REGION CODE ADDRESS : 2595 WEST LAKE VAN NESS CIRCLE
01 CITY : FRESNO
STATE/ZIP : CA 93711
MORTGAGE AMOUNT : 417,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,682.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,880.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 75.81800
----------------------------------------------------------------------------
0 0031991466 MORTGAGORS: FRESHMAN ALLYCE
REGION CODE ADDRESS : 10616 BLYTHE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 241,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,797.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,583.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 52.96703
----------------------------------------------------------------------------
0 0031991839 MORTGAGORS: BOESVERT TERI
REGION CODE ADDRESS : 2843 CAMINITO CAPE SEBASTIAN
01 CITY : ENCINITAS
STATE/ZIP : CA 92007
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 211,834.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,446.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0031991896 MORTGAGORS: CARON TIMOTHY
CARON SHEA
REGION CODE ADDRESS : 13451 CHARLOMA DRIVE
01 CITY : TUSTIN
STATE/ZIP : CA 92780
MORTGAGE AMOUNT : 242,725.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,181.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,436,725.00
P & I AMT: 9,852.30 UPB AMT: 1,434,237.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031992902 MORTGAGORS: SAUL RONALD
SAUL NANCY
REGION CODE ADDRESS : 2340 CONISTON PLACE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,600.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.85700
----------------------------------------------------------------------------
0 0031992977 MORTGAGORS: WATSON DARREN
WATSON ELAINE
REGION CODE ADDRESS : 18458 FOXTAIL COURT
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 316,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,419.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.89600
----------------------------------------------------------------------------
0 0031992993 MORTGAGORS: MARTINOVSKI LJUPCE
MARTINOVSKI VERA
REGION CODE ADDRESS : 500 LOMITA STREET
01 CITY : EL SEGUNDO
STATE/ZIP : CA 90245
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.30600
----------------------------------------------------------------------------
0 0031993009 MORTGAGORS: EKSTEEN LOUIS
EKSTEEN HANNAH-LEE
REGION CODE ADDRESS : 4943 VARNA AVENUE
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,289.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0031994411 MORTGAGORS: MAURER ANDREW
YAKIMOVICH-MAURER OLGA
REGION CODE ADDRESS : 1371 5TH AVENUE,
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94122
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,886,200.00
P & I AMT: 12,642.64 UPB AMT: 1,884,672.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031994486 MORTGAGORS: WILLIAMS MARK
WILLIAMS CECELIA
REGION CODE ADDRESS : 3332 STAGE COACH DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 540,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 540,078.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,687.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.04000
----------------------------------------------------------------------------
0 0031994577 MORTGAGORS: ELPERIN ILYA
ELPERIN NATALYA
REGION CODE ADDRESS : 9 WINDCREST LANE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 346,320.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,036.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031994957 MORTGAGORS: DOMINICK MARK
DOMINICK ANITA
REGION CODE ADDRESS : 2285 RUDOLPH DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,381.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,843.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0031995038 MORTGAGORS: ANDERSON KYLE
FIELD NANCY
REGION CODE ADDRESS : 149 JORDAN AVENUE,
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 619,528.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,282.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 40.52200
----------------------------------------------------------------------------
0 0031995079 MORTGAGORS: NIPPES WILLIAM
NIPPES TERESA
REGION CODE ADDRESS : 918 MARILYN DRIVE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,750.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,116,420.00
P & I AMT: 14,466.10 UPB AMT: 2,114,774.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031995103 MORTGAGORS: JOHNS JOHN
HAMILTON SALLY
REGION CODE ADDRESS : 929 MARILYN DRIVE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.96600
----------------------------------------------------------------------------
0 0031995368 MORTGAGORS: LARSEN BRUCE
LARSEN HOLLY
REGION CODE ADDRESS : 30791 VIA CONQUISTA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 719,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 719,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,904.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 65.36300
----------------------------------------------------------------------------
0 0031995392 MORTGAGORS: STEINFELD JOEL
STEINFELD TRICIA
REGION CODE ADDRESS : 782 QUAIL STREET
01 CITY : AREA OF OJAI
STATE/ZIP : CA 93023
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.74400
----------------------------------------------------------------------------
0 0031995426 MORTGAGORS: STIMMLER JAMES
STIMMLER PATRICIA
REGION CODE ADDRESS : 24490 PASEO DE TORONTO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,754.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.47300
----------------------------------------------------------------------------
0 0031995624 MORTGAGORS: CHANDLER ROBERT
CHANDLER PATRICIA
REGION CODE ADDRESS : 11607 LUGAR PLAYA CATALINA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.04800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,121,000.00
P & I AMT: 14,390.87 UPB AMT: 2,119,886.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031995814 MORTGAGORS: HALE SHELLY
REGION CODE ADDRESS : 2143 JACKSON STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 648,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,494.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,420.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.63300
----------------------------------------------------------------------------
0 0031996531 MORTGAGORS: ANDERSON GREGORY
REGION CODE ADDRESS : 2903 MILLAR AVENUE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,758.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031996986 MORTGAGORS: LEE JAMES
REGION CODE ADDRESS : 643 N. LAUREL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,297.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,177.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.03305
----------------------------------------------------------------------------
0 0031997216 MORTGAGORS: HOOVER TONYA
HOOVER DAVID
REGION CODE ADDRESS : 5272 CLEARBROOK DIRVE
01 CITY : CONCORD
STATE/ZIP : CA 94521
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,429.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 82.41042
----------------------------------------------------------------------------
0 0031998016 MORTGAGORS: RATNER ROSALYN
REGION CODE ADDRESS : 8623 EDWIN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
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 : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.06800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,091,000.00
P & I AMT: 14,269.14 UPB AMT: 2,087,294.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031998230 MORTGAGORS: KERBY LYNN
KERBY CAMILLE
REGION CODE ADDRESS : 11005 LOWER CIRCLE DRIVE
01 CITY : GRASS VALLEY
STATE/ZIP : CA 95949
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,736.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98000
----------------------------------------------------------------------------
0 0031998610 MORTGAGORS: SMITH J
SMITH CYNTHIA
REGION CODE ADDRESS : 432 WOODLAND PLACE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
MORTGAGE AMOUNT : 325,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,909.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,057.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 73.97700
----------------------------------------------------------------------------
0 0031998768 MORTGAGORS: ROPER DAVID
ROPER KELLY
REGION CODE ADDRESS : 1089 LOS CABALLITOS
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 438,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,658.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,987.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.85600
----------------------------------------------------------------------------
0 0031998800 MORTGAGORS: BAKER STEFANI
REGION CODE ADDRESS : 1705 SOUTH WESTGATE AVENUE #3
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 250,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,337.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0031998875 MORTGAGORS: MOHAMED FARHANA
REGION CODE ADDRESS : 289 SAINT ALBANS AVENUE
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 317,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,177.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.42500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,661,950.00
P & I AMT: 11,050.51 UPB AMT: 1,659,819.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0031999543 MORTGAGORS: LOTFIPOUR KHOSROW
LOTFIPOUR SHAHNAZ
REGION CODE ADDRESS : 11925 LAMBERT STREET
01 CITY : TUSTIN
STATE/ZIP : CA 92782
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.90800
----------------------------------------------------------------------------
0 0031999790 MORTGAGORS: WITT CHARLES
WITT DEBRA
REGION CODE ADDRESS : 14162 SAN ANTONIO DRIVE
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 251,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,654.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98300
----------------------------------------------------------------------------
0 0032000481 MORTGAGORS: MACE KELLY
MACE TODD
REGION CODE ADDRESS : 43 FELDSPAR WAY
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 282,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,112.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.98800
----------------------------------------------------------------------------
0 0032000531 MORTGAGORS: FALKENSTEIN JILL
RUYLE PAUL
REGION CODE ADDRESS : 47 MIDDLEBURY LANE
01 CITY : IRVINE
STATE/ZIP : CA 92620
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032000564 MORTGAGORS: VAUGHN MERRITT
REGION CODE ADDRESS : 2682 WOODSTOCK ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,762.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,456,500.00
P & I AMT: 9,789.17 UPB AMT: 1,455,006.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032000671 MORTGAGORS: ERRICO WILLIAM
ERRICO LORETTA
REGION CODE ADDRESS : 236 UNIVERSITY AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,617.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,334.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.00000
----------------------------------------------------------------------------
0 0032001208 MORTGAGORS: RUCKER RONALD
KATOW JEAN
REGION CODE ADDRESS : 2608 VIA CARRILLO
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.75300
----------------------------------------------------------------------------
0 0032001323 MORTGAGORS: PRICE JOEL
PRICE JEANINE
REGION CODE ADDRESS : 872 CAPITAN ST
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,782.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.10400
----------------------------------------------------------------------------
0 0032001430 MORTGAGORS: CHHIBA DILIP
CHHIBA USHA
REGION CODE ADDRESS : 8192 RINCONADA COURT
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 455,717.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,352.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,070.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
----------------------------------------------------------------------------
0 0032001513 MORTGAGORS: RYAN DOUGLAS
RYAN KATHERINE
REGION CODE ADDRESS : 2760 COMSTOCK CIRCLE,
01 CITY : BELMONT,
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,673.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 36.85700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,953,717.00
P & I AMT: 13,075.44 UPB AMT: 1,949,369.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032001521 MORTGAGORS: NICHOLSON CHRISTOPHER
NICHOLSON CYNTHIA
REGION CODE ADDRESS : 4976 SEVERN PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.23500
----------------------------------------------------------------------------
0 0032001711 MORTGAGORS: AMCHISLAVSKY GENNADY
AMCHISLAVSKY SOFIA
REGION CODE ADDRESS : 709 FOERSTER STREET
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,621.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,853.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.71000
----------------------------------------------------------------------------
0 0032002057 MORTGAGORS: HAFFLEY MELISSA
REGION CODE ADDRESS : 5710 NORWICH AVENUE
01 CITY : VAN NUYS
STATE/ZIP : CA 91411
MORTGAGE AMOUNT : 253,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,352.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99800
----------------------------------------------------------------------------
0 0032002362 MORTGAGORS: SOH SUSAN
SOH MARK
REGION CODE ADDRESS : 2518 DORSET DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,506.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.85500
----------------------------------------------------------------------------
0 0032002529 MORTGAGORS: SANDOVAL VICTOR
SANDOVAL MARITZA
REGION CODE ADDRESS : 2110 LION AVENUE
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,523.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.23800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,549,550.00
P & I AMT: 10,278.48 UPB AMT: 1,547,785.28
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 42
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032002594 MORTGAGORS: MEEHAN MIKE
MEEHAN DONNA
REGION CODE ADDRESS : 965 PICKWICK COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,547.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032002883 MORTGAGORS: DOWE ROBERT
DOWE MARY
REGION CODE ADDRESS : 565 WEST SANTA ROSA DRIVE
01 CITY : PALM SPRINGS
STATE/ZIP : CA 92262
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,481.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.18100
----------------------------------------------------------------------------
0 0032002958 MORTGAGORS: DILLER ERIC
DILLER HEIDI
REGION CODE ADDRESS : 18971 DEEP WELL ROAD
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.91600
----------------------------------------------------------------------------
0 0032002966 MORTGAGORS: GLENN BRADLEY
GLENN STACY
REGION CODE ADDRESS : 6380 TWIN SPRINGS AVENUE
01 CITY : AGOURA AREA
STATE/ZIP : CA 91377
MORTGAGE AMOUNT : 282,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,090.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,973.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.76859
----------------------------------------------------------------------------
0 0032003287 MORTGAGORS: CHOU FRANK
LAW BETTY
REGION CODE ADDRESS : 33781 HEARTLAND COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,688.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.89400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,605,100.00
P & I AMT: 10,734.56 UPB AMT: 1,603,535.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 43
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032003303 MORTGAGORS: CARLSON JOSEPH
HUGHES DEBORAH
REGION CODE ADDRESS : 5573 EAST OCEAN BOULEVARD
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 270,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,078.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.31100
----------------------------------------------------------------------------
0 0032003394 MORTGAGORS: REDDY RAJ
REDDY GAYATHRI
REGION CODE ADDRESS : 128 ADA AVENUE # 3
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94043
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.21900
----------------------------------------------------------------------------
0 0032003451 MORTGAGORS: BENEDEK ISAAC
SASLOW SHARON
REGION CODE ADDRESS : 9543 LA JOLLA SHORES DRIVE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,798.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.89 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.12500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032003519 MORTGAGORS: WILLIAMS JAMES
WILLIAMS CHRISTINE
REGION CODE ADDRESS : 5535 CAMINO CALUROSO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.74600
----------------------------------------------------------------------------
0 0032003949 MORTGAGORS: MANN WILLIAM
MANN JUDITH
REGION CODE ADDRESS : 2595 PRINCETON DRIVE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,556.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.97200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,429,300.00
P & I AMT: 9,795.83 UPB AMT: 1,428,201.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 44
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004301 MORTGAGORS: KORBER TIMOTHY
KORBER PATRICIA
REGION CODE ADDRESS : 825 EMERALD BAY
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 1,100,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,099,183.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,691.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 63.21800
----------------------------------------------------------------------------
0 0032004335 MORTGAGORS: SINGH BRUNO
SINGH DENISE
REGION CODE ADDRESS : 1131 S. BROMLEY COURT
01 CITY : ANAHEIM,
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 426,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,959.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,872.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0032004467 MORTGAGORS: BORTFELD MARK
BORTFELD PATRICIA
REGION CODE ADDRESS : 2183 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 335,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,449.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99600
----------------------------------------------------------------------------
0 0032004541 MORTGAGORS: GARY SHERRY
REGION CODE ADDRESS : 1528 ALLEGRO COURT
01 CITY : PASO ROBLES
STATE/ZIP : CA 93446
MORTGAGE AMOUNT : 155,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 154,872.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,031.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 76.73200
----------------------------------------------------------------------------
0 0032004632 MORTGAGORS: CARINO JIMMY
CARINO MARIBEL
REGION CODE ADDRESS : 847 CONSTITUTION DRIVE
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,731.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 82.96200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,353,250.00
P & I AMT: 16,207.35 UPB AMT: 2,351,196.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 45
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032004707 MORTGAGORS: FOLLETTE DOUG
RYAN LINDA
REGION CODE ADDRESS : 1920 SWAN DRIVE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,305.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.98900
----------------------------------------------------------------------------
0 0032004848 MORTGAGORS: OKUI MATTHEW
OKUI CYNTHIA
REGION CODE ADDRESS : 24765 CALLE ALTAMIRA
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,665.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.09400
----------------------------------------------------------------------------
0 0032005316 MORTGAGORS: COLLINS RICHARD
COLLINS RUBY
REGION CODE ADDRESS : 121 HIGHCREST LANE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 250,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,089.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,644.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.01800
----------------------------------------------------------------------------
0 0032005340 MORTGAGORS: IVARSSON ESBJORN
IVARSSON KITTY
REGION CODE ADDRESS : 424-428 C AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 50.72400
----------------------------------------------------------------------------
0 0032005381 MORTGAGORS: ALLEN JEFF
ALLEN LISA
REGION CODE ADDRESS : 10532 PUTNEY RD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,693.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,488.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.04300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,654,800.00
P & I AMT: 11,153.45 UPB AMT: 1,653,474.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 46
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032005712 MORTGAGORS: RABIN GARY
REGION CODE ADDRESS : 26941 PEMBROKE LANE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.76700
----------------------------------------------------------------------------
0 0032006058 MORTGAGORS: SHENK MILDRED
REGION CODE ADDRESS : 8787 SHOREHAM DRIVE NO. 404
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 215,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 214,836.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,484.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 60.56300
----------------------------------------------------------------------------
0 0032006132 MORTGAGORS: SANDBERG EDMUND
REGION CODE ADDRESS : 17990 ROSE COURT
01 CITY : MONTE SERENO
STATE/ZIP : CA 95030
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 : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.16666
----------------------------------------------------------------------------
0 0032006371 MORTGAGORS: BERBERIAN HERACH
BERBERIAN KATHERINE
REGION CODE ADDRESS : 3410 SAMUEL PLACE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 296,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,712.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.98924
----------------------------------------------------------------------------
0 0032006397 MORTGAGORS: SHOLL DARRYL
SHOLL BERTHA
REGION CODE ADDRESS : 2019 PULLMAN LANE #1
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,423.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,520,200.00
P & I AMT: 10,464.49 UPB AMT: 1,518,049.34
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 47
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032006405 MORTGAGORS: SAMMIS ROBERT
SAMMIS OJENI
REGION CODE ADDRESS : 1936 CRESTSHIRE DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 90218
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.72700
----------------------------------------------------------------------------
0 0032006447 MORTGAGORS: MEREGILLANO GARY
MEREGILLANO GRACE
REGION CODE ADDRESS : 949 COYOTE STREET
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,810.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032006470 MORTGAGORS: SAUNDERS MYLES
SAUNDERS GREER
REGION CODE ADDRESS : 415 EVELYN PLACE
01 CITY : BEVERLY PLACE
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 656,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 655,546.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,423.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 49.36800
----------------------------------------------------------------------------
0 0032006827 MORTGAGORS: ROBERTSON STUART
ROBERTSON LISA
REGION CODE ADDRESS : 19985 VISTA DEL OTERO
01 CITY : RAMONA
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 343,372.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,097.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,313.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.30400
----------------------------------------------------------------------------
0 0032006918 MORTGAGORS: TYSON WAYNE
REGION CODE ADDRESS : 2659 CALLE MORELIA
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,888,972.00
P & I AMT: 12,850.69 UPB AMT: 1,886,960.75
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 48
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032007015 MORTGAGORS: WILLIAMS ALAN
WILLIAMS JULIANNE
REGION CODE ADDRESS : 23329 BARFIELD DRIVE,
01 CITY : SANTA CLARITA VALENCIA AR
STATE/ZIP : CA 91354
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032007312 MORTGAGORS: KULOW RICHARD
KULOW BEVERLY
REGION CODE ADDRESS : 11979 SALEM DRIVE
01 CITY : GRANADA HILLS AREA
STATE/ZIP : CA 91344
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,782.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032007460 MORTGAGORS: FISCHER STEVEN
REGION CODE ADDRESS : 4921 LONGRIDGE AVENUE(SHERMAN OAKS
01 CITY : LOS ANGELES
STATE/ZIP : CA 91423
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.57100
----------------------------------------------------------------------------
0 0032007486 MORTGAGORS: ALEMAN JENNIFFER
REGION CODE ADDRESS : 7624 WISCASSET DRIVE WEST HILLS ARE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,408.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.22600
----------------------------------------------------------------------------
0 0032007668 MORTGAGORS: MOHEB AHMAD
MOHEB ROGHIEH
REGION CODE ADDRESS : 290 MORAGA WAY
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 446,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,076.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,159.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 51.01700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,685,400.00
P & I AMT: 11,516.93 UPB AMT: 1,683,791.09
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 49
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032008013 MORTGAGORS: ASSELIN VICTOR
ASSELIN MICHELE
REGION CODE ADDRESS : 4477 SHADOW HILLS CIRCLE D
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93105
MORTGAGE AMOUNT : 413,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,277.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,821.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032008070 MORTGAGORS: BOURESTON RICHARD
BOURESTON VIRGINIA
REGION CODE ADDRESS : 30862 RIVERA PLACE
01 CITY : LAGUA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,393.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,546.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.61500
----------------------------------------------------------------------------
0 0032008385 MORTGAGORS: VANDEWYDEVEN MATHEW
VANDEWYDEVEN JENNIFER
REGION CODE ADDRESS : 33 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.61100
----------------------------------------------------------------------------
0 0032009557 MORTGAGORS: JENKINS GREGORY
REGION CODE ADDRESS : 4700 KENISTON AVENUE
01 CITY : LOS ANGELES AREA
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,042.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032009607 MORTGAGORS: TORRES LAMBERTO
TORRES CARIDAD
REGION CODE ADDRESS : 658 S. CALIFORNIA AVENUE
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 525,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,361.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,908,850.00
P & I AMT: 12,791.32 UPB AMT: 1,907,463.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 50
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032009706 MORTGAGORS: WEINSTOCK DANIEL
WEINSTOCK MERRILL
REGION CODE ADDRESS : 6313 TIMBERLANE STREET
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,796.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 85.15151
----------------------------------------------------------------------------
0 0032009912 MORTGAGORS: WARNER ROBERT
WARNER MARSHA
REGION CODE ADDRESS : 5097 OLIVE HILL ROAD
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,572.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,397.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.52300
----------------------------------------------------------------------------
0 0032009979 MORTGAGORS: MEYEROTT ROBERT
MEYEROTT JANNINE
REGION CODE ADDRESS : 5457 BEAUMONT AVENUE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,657.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0032010183 MORTGAGORS: SHARP CONSTANCE
REGION CODE ADDRESS : 221 SOUTH VENTU PARK ROAD
01 CITY : NEWBURY PARK
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,600.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 82.46100
----------------------------------------------------------------------------
0 0032010258 MORTGAGORS: BLOMQUIST NEIL
BLOMQUIST MONICA
REGION CODE ADDRESS : 4392 BELMONT DRIVE
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 266,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,464.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.20000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,630,700.00
P & I AMT: 11,076.35 UPB AMT: 1,629,092.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 51
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032010308 MORTGAGORS: MCMILLAN DAVID
MCMILLAN TERESA
REGION CODE ADDRESS : 2025 HERMINE AVENUE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 348,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,408.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98800
----------------------------------------------------------------------------
0 0032010597 MORTGAGORS: CORDOVA RICHARD
CORDOVA TERESA
REGION CODE ADDRESS : 270 WEST GETTYSBURG AVENUE
01 CITY : CLOVIS
STATE/ZIP : CA 93612
MORTGAGE AMOUNT : 104,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 103,926.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 745.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032011538 MORTGAGORS: WINTER WANDA
REGION CODE ADDRESS : 27828 HOLLY LANE
01 CITY : LAKE ARROWHEAD AREA
STATE/ZIP : CA 92352
MORTGAGE AMOUNT : 113,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 113,588.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 814.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 250
LTV : 65.00000
----------------------------------------------------------------------------
0 0032011553 MORTGAGORS: VAN PERNIS JAMES
VAN PERNIS CATHERINE
REGION CODE ADDRESS : 725 SEQUOIA DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,438.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.92300
----------------------------------------------------------------------------
0 0032011579 MORTGAGORS: ESCALERA JESUS
PEREZ RAMONA
REGION CODE ADDRESS : 618 WEST PROVENTIAL DRIVE
01 CITY : ANAHEIM
STATE/ZIP : CA 92805
MORTGAGE AMOUNT : 233,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,560.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 89.99600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,150,400.00
P & I AMT: 7,982.27 UPB AMT: 1,149,264.41
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 52
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032011934 MORTGAGORS: NASSIRI-BORNA MAHMOUD
HAGHIGHI FARIBA
REGION CODE ADDRESS : 815 NORTH STORY PLACE
01 CITY : ALHAMBRA
STATE/ZIP : CA 91801
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,773.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.37800
----------------------------------------------------------------------------
0 0032012023 MORTGAGORS: HARTIG LINDY
HARTIG PATRICK
REGION CODE ADDRESS : 4911 BEAUMONT DRIVE
01 CITY : LA MESA
STATE/ZIP : CA 91941
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032012064 MORTGAGORS: TOLENTINO DANNY
EVANS ELEANOR
REGION CODE ADDRESS : 2303 BANCROFT AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0032012452 MORTGAGORS: GAINES JAMES
GAINES JULIE
REGION CODE ADDRESS : 2 UTAH
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 257,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99300
----------------------------------------------------------------------------
0 0032012585 MORTGAGORS: TUASON JOSEPH
REGION CODE ADDRESS : 16844 HALPER STREET
01 CITY : ENCINO AREA
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,800.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.82700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,338,250.00
P & I AMT: 9,135.39 UPB AMT: 1,337,626.90
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 53
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032013138 MORTGAGORS: GONZALEZ JULIE
GONZALES RAMON
REGION CODE ADDRESS : 241 HEREDIA COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 261,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,296.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99657
----------------------------------------------------------------------------
0 0032013864 MORTGAGORS: HEAVILAND THOMAS
HEAVILAND JOANNE
REGION CODE ADDRESS : 2215 PASEO SAUCEDAL
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,528.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032014128 MORTGAGORS: SNIDER JACK
SNIDER ANN
REGION CODE ADDRESS : 17108 CHASE ST.
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,844.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.33 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032014417 MORTGAGORS: SHAPIRO MARK
SHAPIRO ZINA
REGION CODE ADDRESS : 20653 OAK CREEK LANE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,728.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,121.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.64402
----------------------------------------------------------------------------
0 0032014623 MORTGAGORS: LONG GERALD
LONG BETTY
REGION CODE ADDRESS : 1725 DE ANZA COURT
01 CITY : SAN LUIS OBISPO
STATE/ZIP : CA 93405
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,380,500.00
P & I AMT: 9,433.28 UPB AMT: 1,379,186.39
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 54
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032015034 MORTGAGORS: SPANGLER GARY
SPANGLER LAUREN
REGION CODE ADDRESS : 9277 CEDAR TRAILS LANE
01 CITY : VALLEY CENTER
STATE/ZIP : CA 92082
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 63.61400
----------------------------------------------------------------------------
0 0032015166 MORTGAGORS: WAITS CLIFFORD
WAITS PATRICIA
REGION CODE ADDRESS : 21561 TURTLE DOVE STREET
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,700.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032015455 MORTGAGORS: LUTHER JAMES
ST JOHN CYNTHIA
REGION CODE ADDRESS : 1103 S STELLING ROAD
01 CITY : CUPERTINO
STATE/ZIP : CA 94014
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,757.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.95100
----------------------------------------------------------------------------
0 0032015687 MORTGAGORS: HADGES THOMAS
HADGES-RASTAD BETH
REGION CODE ADDRESS : 610 7TH STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,675.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,535.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 51.95100
----------------------------------------------------------------------------
0 0032015836 MORTGAGORS: TOBAEI BABAK
REGION CODE ADDRESS : 975 BELMONT TERRACE #3
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,772.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.96700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,639,000.00
P & I AMT: 11,069.90 UPB AMT: 1,637,694.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 55
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032016289 MORTGAGORS: MILLER ADAM
REGION CODE ADDRESS : 720 6TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 534,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 533,572.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,597.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.52100
----------------------------------------------------------------------------
0 0032016446 MORTGAGORS: KRUEGER CHARLES
KRUEGER TRACEY
REGION CODE ADDRESS : 9613 AMESTOY AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,262.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,233.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.92600
----------------------------------------------------------------------------
0 0032016636 MORTGAGORS: ANDROS LUKE
ANDROS TINA
REGION CODE ADDRESS : 603 LAMAT ROAD,
01 CITY : LA HABRA HEIGHTS,
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,790.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032016909 MORTGAGORS: RINGWALD KIM
RINGWALD GAIL
REGION CODE ADDRESS : 49 SPRUCEWOOD
01 CITY : ALISO VIEJO AREA
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,672.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.07200
----------------------------------------------------------------------------
0 0032017337 MORTGAGORS: BARBOUR ALAN
BARBOUR ANN
REGION CODE ADDRESS : 1218 BERKSHIRE LANE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 441,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,378.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,901.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,963,250.00
P & I AMT: 13,223.09 UPB AMT: 1,961,677.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 56
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032017592 MORTGAGORS: LO JOHN
LO EVELYN
REGION CODE ADDRESS : 1718 EL RITO AVENUE
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 354,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,709.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.76500
----------------------------------------------------------------------------
0 0032018160 MORTGAGORS: MC CLENDON WILLIAM
MC CLENDON MARY
REGION CODE ADDRESS : 3220 EAST VILLA HIGHLANDS DRIVE
01 CITY : PASADENA AREA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 361,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,718.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,462.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.00000
----------------------------------------------------------------------------
0 0032018475 MORTGAGORS: ESSER MICHAEL
REGION CODE ADDRESS : 23621 ASHWOOD PLACE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,990.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032018491 MORTGAGORS: MARX CATHY
REGION CODE ADDRESS : 2515 COLT ROAD
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,687.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.59700
----------------------------------------------------------------------------
0 0032018566 MORTGAGORS: NEMIROFF ROBERT
NEMIROFF NANCY
REGION CODE ADDRESS : 6718 BLUE POINT DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 297,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,362.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,004.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.85700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,586,800.00
P & I AMT: 10,616.30 UPB AMT: 1,585,468.76
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 57
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032018616 MORTGAGORS: KERKECHIAN SHAVARSH
KERKECHIAN STEPHANIE
REGION CODE ADDRESS : 3370 SUNVIEW DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 247,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,765.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032018798 MORTGAGORS: FERRARI THOMAS
PIERCE SUSAN
REGION CODE ADDRESS : 6505 VIA COLINITA
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,655.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.74100
----------------------------------------------------------------------------
0 0032018822 MORTGAGORS: MONTELL EDWIN
MONTELL ALICIA
REGION CODE ADDRESS : 865 GREENWICH DRIVE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,622.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032018830 MORTGAGORS: SHAFFER CHRISTOPHER
REGION CODE ADDRESS : 1448 CHERRY VALLEY DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 424,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,826.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032018939 MORTGAGORS: ORTIZ LUIS
ORTIZ MARIE
REGION CODE ADDRESS : 3464 MEADOWLANDS LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 281,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 46.53700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,619,100.00
P & I AMT: 10,912.99 UPB AMT: 1,618,394.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 58
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032018954 MORTGAGORS: ALEXANDER CARYLON
REGION CODE ADDRESS : 2023 EAGLE COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,956.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.27100
----------------------------------------------------------------------------
0 0032018962 MORTGAGORS: BIRCH SAMUEL
HALL LORAINE
REGION CODE ADDRESS : 744 SOUTH CEDROS AVENUE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.22200
----------------------------------------------------------------------------
0 0032019119 MORTGAGORS: WILKINS DAVID
WILKINS CHRISTINE
REGION CODE ADDRESS : 1418 VIA DON JOSE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,688.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.83400
----------------------------------------------------------------------------
0 0032019523 MORTGAGORS: REHM DANIEL
REHM ANN
REGION CODE ADDRESS : 3898 SOLAR HILLS DRIVE
01 CITY : VACAVILLE
STATE/ZIP : CA 95688
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.36500
----------------------------------------------------------------------------
0 0032019812 MORTGAGORS: QUINN JOSEPH
QUINN ELISE
REGION CODE ADDRESS : 2186 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 275,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,311.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,734,800.00
P & I AMT: 11,583.33 UPB AMT: 1,733,519.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 59
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020174 MORTGAGORS: ARMSTRONG GEORGE
ARMSTRONG BARBARA
REGION CODE ADDRESS : 601 EAST VALERIO STREET
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93103
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,684.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,971.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 73.91300
----------------------------------------------------------------------------
0 0032020182 MORTGAGORS: CRAIG GARY
CRAIG CATHY
REGION CODE ADDRESS : 3001 VIA DEL SOL
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,795.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,724.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032020273 MORTGAGORS: HEGEDUS MARTIN
REGION CODE ADDRESS : 1066 OLEANDER COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,447.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 76.25000
----------------------------------------------------------------------------
0 0032020448 MORTGAGORS: WONG FRANCIS
WONG DEBRA
REGION CODE ADDRESS : 2127 N. GRANDVIEW ROAD
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,676.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,048.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.06600
----------------------------------------------------------------------------
0 0032020844 MORTGAGORS: GARDNER DANIEL
GARDNER DIANNE
REGION CODE ADDRESS : 13725 MAR SCENIC DRIVE
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 413,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,693.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,887.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,835,000.00
P & I AMT: 12,560.53 UPB AMT: 1,833,296.83
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 60
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032020877 MORTGAGORS: MARTINELLI LINDA
REGION CODE ADDRESS : 22 ARGUELLO CIRCLE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 150,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,885.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,036.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 25.00000
----------------------------------------------------------------------------
0 0032020984 MORTGAGORS: GRAVES PAUL
GRAVES AUGUSTA
REGION CODE ADDRESS : 12730 CHAPARRAL AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032021040 MORTGAGORS: BEISEL MARTIN
BEISEL BEVERLY
REGION CODE ADDRESS : 53340 AVENIDA OBREGON
01 CITY : LA QUINTA
STATE/ZIP : CA 92253
MORTGAGE AMOUNT : 73,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 73,450.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 539.32 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 8.00000 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0032021107 MORTGAGORS: GRANOWITZ DAVID
GRANOWITZ LESLIE
REGION CODE ADDRESS : 5384 CARMENTO DRIVE
01 CITY : AGOURA AREA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.70100
----------------------------------------------------------------------------
0 0032021263 MORTGAGORS: KAUFFMAN RENNIS
KAUFFMAN BONNA
REGION CODE ADDRESS : 521 SEACLIFF DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,201,500.00
P & I AMT: 8,301.54 UPB AMT: 1,200,849.42
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 61
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032021339 MORTGAGORS: COLLIER SAMUEL
REGION CODE ADDRESS : 26526 SIERRA VISTA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.61100
----------------------------------------------------------------------------
0 0032021529 MORTGAGORS: FONG ULRICK
FONG ANN
REGION CODE ADDRESS : 14 FECAMP
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,705.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032021859 MORTGAGORS: LUCAS RAYMOND
LOERA DOLORES
REGION CODE ADDRESS : 4845 EGGERS DRIVE
01 CITY : FREEMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,585.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.10800
----------------------------------------------------------------------------
0 0032022469 MORTGAGORS: PATIL PRIYA
PATIL MADHAV
REGION CODE ADDRESS : 5600 CAPRICE COMMON
01 CITY : FREMONT
STATE/ZIP : CA 94538
MORTGAGE AMOUNT : 203,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 203,029.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,334.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032022659 MORTGAGORS: NEMIROVSKIY BORIS
NEMIROVSKAYA YANINA
REGION CODE ADDRESS : 1 BELFORD DRIVE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 297,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,973.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.92900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,385,400.00
P & I AMT: 9,306.48 UPB AMT: 1,384,294.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 62
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032022741 MORTGAGORS: PAGE JOHN
REGION CODE ADDRESS : 826 WINDRIDGE CIRCLE
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,774.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032023426 MORTGAGORS: CARLSON THOMAS
CARLSON JULIE
REGION CODE ADDRESS : 1690 LAPORTE DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95747
MORTGAGE AMOUNT : 381,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,321.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,475.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99100
----------------------------------------------------------------------------
0 0032023590 MORTGAGORS: COOK DIANE
COOK TIMOTHY
REGION CODE ADDRESS : 20705 VICTOR STREET
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,804.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.72200
----------------------------------------------------------------------------
0 0032023608 MORTGAGORS: YANG JUN
YANG DONG\
REGION CODE ADDRESS : 750 SOUTH SPAULDING
AVENUE UNIT 134
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 150,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 149,663.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,048.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 62.50000
----------------------------------------------------------------------------
0 0032023780 MORTGAGORS: BERTOLANI VICTOR
BERTOLANI CATHERINE
REGION CODE ADDRESS : 2201 MORLEY WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95825
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 : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.77777
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,310,650.00
P & I AMT: 8,770.69 UPB AMT: 1,309,157.49
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 63
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032024440 MORTGAGORS: DEAN ELLANE
REGION CODE ADDRESS : 3314 INDIAN MESA DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032024556 MORTGAGORS: BRODIE DENNIS
BRODIE TINA
REGION CODE ADDRESS : 2891 OPAL COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,173.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032024804 MORTGAGORS: ROBERTSON VERONICA
REGION CODE ADDRESS : 82 MIRABEL AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,680.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032024887 MORTGAGORS: MITCHELL JAY
MITCHELL MONICA
REGION CODE ADDRESS : 25912 RICHVILLE DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,788.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0032024929 MORTGAGORS: FONTES KENNETH
FONTES SUSAN
REGION CODE ADDRESS : 174 VIA BANDOLERO
01 CITY : ARROYO GRANDE
STATE/ZIP : CA 93420
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,699.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,351.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.60000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,596,400.00
P & I AMT: 10,818.99 UPB AMT: 1,595,341.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 64
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032025157 MORTGAGORS: JOHNSON JERRY
JOHNSON MARILYN
REGION CODE ADDRESS : 1930 10TH AVENUE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,151.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,254.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032025744 MORTGAGORS: MALONE WILLIAM
MALONE MARGARET
REGION CODE ADDRESS : 12951 AVENIDA LA VALENCIA
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,370.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,057.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032025785 MORTGAGORS: SMALL MICHAEL
SMALL LINDA
REGION CODE ADDRESS : 6007 ALTMARK AVE
01 CITY : WHITTIER
STATE/ZIP : CA 90601
MORTGAGE AMOUNT : 276,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,707.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,863.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.80500
----------------------------------------------------------------------------
0 0032025801 MORTGAGORS: MOOSANI KADER
REGION CODE ADDRESS : 111 SOUTH BELLEZA LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 588,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 587,146.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,161.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 69.17600
----------------------------------------------------------------------------
0 0032025835 MORTGAGORS: ELPARIN RICHARD
ELPARIN PAMELA
REGION CODE ADDRESS : 21 RAINBOW FALLS #28
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,415.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,907,000.00
P & I AMT: 13,203.06 UPB AMT: 1,903,790.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 65
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032025850 MORTGAGORS: QUINN KIMBERLY
QUINN MICHAEL
REGION CODE ADDRESS : 745 38TH AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,680.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032025892 MORTGAGORS: BABICK DENNIS
BABICK JOSEPHINE
REGION CODE ADDRESS : 14759 ALAVDO PLACE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,783.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,756.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032026064 MORTGAGORS: HOFFMAN GRACE
HOFFMAN TERESA
REGION CODE ADDRESS : 1016 CIMA DRIVE
01 CITY : SAN MARCOS
STATE/ZIP : CA 92069
MORTGAGE AMOUNT : 248,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,014.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,528.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 94.98500
----------------------------------------------------------------------------
0 0032026304 MORTGAGORS: SMITH DONALD
REGION CODE ADDRESS : 18691 PLUMOSA STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032026346 MORTGAGORS: COBEZ ROBERT
SURRELL LINDA
REGION CODE ADDRESS : 215 CALCITA DRIVE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,722.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,255.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.94800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,399,250.00
P & I AMT: 9,185.94 UPB AMT: 1,398,200.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 66
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032026650 MORTGAGORS: RUSHWORTH MCKEE RENEE
MCKEE LLOYD
REGION CODE ADDRESS : 920 INDEPENDENCE DRIVE
01 CITY : TRACY
STATE/ZIP : CA 95376
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,778.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.46600
----------------------------------------------------------------------------
0 0032026940 MORTGAGORS: SEWALL MARK
REGION CODE ADDRESS : 6282 MYRTLE 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 : 1,862.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.78700
----------------------------------------------------------------------------
0 0032026973 MORTGAGORS: LADNER TODD
LADNER CARMEN
REGION CODE ADDRESS : 340 CLIFTON AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,183.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.86206
----------------------------------------------------------------------------
0 0032027690 MORTGAGORS: VAN LOY MICHAEL
MARTELLO MICHELE
REGION CODE ADDRESS : 25757 CLOVERFIELD COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 325,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0032027906 MORTGAGORS: WHITE ROBERT
WHITE EILEEN
REGION CODE ADDRESS : 121 LEXFORD ROAD
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 515,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,837.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,471.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.35200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,729,200.00
P & I AMT: 11,809.15 UPB AMT: 1,727,750.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 67
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032027930 MORTGAGORS: SEMERDJIAN DICKRAN
SEMERDJIAN PEGGY
REGION CODE ADDRESS : 13405 MARCASEL PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 616,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 616,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,098.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032028151 MORTGAGORS: ROBERTS MARK
ROBERTS HEATHER
REGION CODE ADDRESS : 11689 KITZBUHEL ROAD
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 277,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99400
----------------------------------------------------------------------------
0 0032028342 MORTGAGORS: RONEN SHLOMO
RONEN REBECCA
REGION CODE ADDRESS : 4505 TOBIAS AVENUE
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91403
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,429.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,678.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.32300
----------------------------------------------------------------------------
0 0032028490 MORTGAGORS: WAGER GARY
WAGER JANET
REGION CODE ADDRESS : 12990 SPRING MEADOW DRIVE
01 CITY : GALT
STATE/ZIP : CA 95632
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,796.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 250
LTV : 78.73000
----------------------------------------------------------------------------
0 0032028599 MORTGAGORS: RAYA ANTHONY
RAYA LAURA
REGION CODE ADDRESS : 2230 GARDENIA AVENUE
01 CITY : ONTARIO
STATE/ZIP : CA 91762
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,804.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.96100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,769,100.00
P & I AMT: 11,990.68 UPB AMT: 1,768,130.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 68
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028680 MORTGAGORS: JOHNSON JEFFREY
LUSTIG LAUREN
REGION CODE ADDRESS : 1333 ETHEL STREET
01 CITY : GLENDALE
STATE/ZIP : CA 91207
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,733.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.75100
----------------------------------------------------------------------------
0 0032028722 MORTGAGORS: CASKEY DONALD
CASKEY SUSAN
REGION CODE ADDRESS : 27182 HIDDEN TRAIL ROAD
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,600.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.85700
----------------------------------------------------------------------------
0 0032028821 MORTGAGORS: GRAYDON ROBERT
GRAYDON CHERIE
REGION CODE ADDRESS : 1 GINGER LILY COURT
01 CITY : COTO DE CAZA AREA,
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 375,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,199.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0032028839 MORTGAGORS: DONOFRIO JOSEPH
DONOFRIO LINDA
REGION CODE ADDRESS : 412 16TH STREET
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 354,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,931.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,388.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.78300
----------------------------------------------------------------------------
0 0032028862 MORTGAGORS: ALFORD JEANNE
REGION CODE ADDRESS : 307 BEACON SHORES DRIVE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 373,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,547.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.62100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,903,450.00
P & I AMT: 12,748.41 UPB AMT: 1,901,915.56
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 69
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032028938 MORTGAGORS: MOORE ROBERT
MOORE TRACI
REGION CODE ADDRESS : 25488 VIA DALIA
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 213,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 213,433.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,457.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029084 MORTGAGORS: YOUNG DOUGLAS
YOUNG DONNA
REGION CODE ADDRESS : 16914 MARIPOSA AVENUE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92504
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,138.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,199.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032029126 MORTGAGORS: JOYCE ROBERT
JOYCE CHETNA
REGION CODE ADDRESS : 5814 AVIGNON COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,580.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,537.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.52500
----------------------------------------------------------------------------
0 0032029167 MORTGAGORS: CLAYMAN DEAN
CLAYMAN JENNIFER
REGION CODE ADDRESS : 45 GOLDEN STAR
01 CITY : IRVINE
STATE/ZIP : CA 92604
MORTGAGE AMOUNT : 255,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,500.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.67600
----------------------------------------------------------------------------
0 0032029209 MORTGAGORS: REIFINGER PHILLIP
REIFINGER JEAN
REGION CODE ADDRESS : 27306 BLUERIDGE DRIVE
01 CITY : VALENCIA (AREA, SANTA CLA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,715.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 76.82900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,635,700.00
P & I AMT: 10,928.52 UPB AMT: 1,634,368.28
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 70
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032029258 MORTGAGORS: CHANG BENJAMIN
CHANG ALICE
REGION CODE ADDRESS : 6365 PRINCEVILLE CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,639.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,927.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 51.46198
----------------------------------------------------------------------------
0 0032029365 MORTGAGORS: PASHA ABBAS
SAMGHBADI FATANEH
REGION CODE ADDRESS : 25991 MIRAMONTE DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 225,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 224,824.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,534.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.75471
----------------------------------------------------------------------------
0 0032029423 MORTGAGORS: DUPONT CATHLEEN
REGION CODE ADDRESS : 20011 CROWN REEF LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.91800
----------------------------------------------------------------------------
0 0032029449 MORTGAGORS: MUNGOVAN MICHAEL
MUNGOVAN SANDRA
REGION CODE ADDRESS : 336 VIA PASQUAL
01 CITY : TORRANCE
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 307,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,228.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,968.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 62.75510
----------------------------------------------------------------------------
0 0032029456 MORTGAGORS: LARSEN LYLE
REGION CODE ADDRESS : 1716 MAPLE STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
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 : 02/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.87131
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,547,500.00
P & I AMT: 10,352.66 UPB AMT: 1,546,031.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 71
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032029621 MORTGAGORS: RAVIZE PAUL
RAVIZE ROBIN
REGION CODE ADDRESS : 16056 CHALLIS STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,297.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,646.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032029647 MORTGAGORS: MAHBOUBI MOHAMMAD
JODIERI RAHELEH
REGION CODE ADDRESS : 464 NOREN STREET
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 429,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,239.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,822.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.71300
----------------------------------------------------------------------------
0 0032029688 MORTGAGORS: JAFARPOUR AMIR
PRANG LECIA
REGION CODE ADDRESS : 3951 BLACOW COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,760.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.07600
----------------------------------------------------------------------------
0 0032029886 MORTGAGORS: FRIDDLE GREGORY
FRIDDLE JUDITH
REGION CODE ADDRESS : 11550 E LOUISE AVENUE
01 CITY : MANTECA
STATE/ZIP : CA 95336
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,542.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.13300
----------------------------------------------------------------------------
0 0032029977 MORTGAGORS: DANIELS ROBERT
DANIELS ERIN
REGION CODE ADDRESS : 46485 CAMEO PALMS DRIVE
01 CITY : LA QUINTA
STATE/ZIP : CA 92253
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 544,574.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,717.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.12500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,785,100.00
P & I AMT: 11,908.45 UPB AMT: 1,783,414.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 72
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030041 MORTGAGORS: ESSLINGER DAVID
ESSLINGER PEGGY
REGION CODE ADDRESS : 5286 EVANWOOD AVENUE
01 CITY : AGOURA AREA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,738.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.18600
----------------------------------------------------------------------------
0 0032030132 MORTGAGORS: TOHL BERNARD
TOHL JANET
REGION CODE ADDRESS : 2514 APOLLO DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,600.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.34500
----------------------------------------------------------------------------
0 0032030207 MORTGAGORS: SMITH ROBERT
SMITH PATRICIA
REGION CODE ADDRESS : 3510 DAYBREAK COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.05100
----------------------------------------------------------------------------
0 0032030413 MORTGAGORS: MEDINNUS COLLEEN
GRANT LAURA
REGION CODE ADDRESS : 1730 PATIO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 379,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,681.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.16600
----------------------------------------------------------------------------
0 0032030496 MORTGAGORS: VASQUEZ GLORIA
REGION CODE ADDRESS : 3431 ST. SUSAN PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90403
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,973,000.00
P & I AMT: 13,029.82 UPB AMT: 1,971,359.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 73
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030520 MORTGAGORS: HOLLAND SEAN
REGION CODE ADDRESS : 3112 NORTH LAMER STREET
01 CITY : BURBANK
STATE/ZIP : CA 91504
MORTGAGE AMOUNT : 391,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,679.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,601.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.88500
----------------------------------------------------------------------------
0 0032030546 MORTGAGORS: MARTIN JAY
MARTIN CATHERINE
REGION CODE ADDRESS : 14 CLUB VISTA
01 CITY : DOVE CANYON
STATE/ZIP : CA 92679
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032030611 MORTGAGORS: CRUSE DAVID
CRUSE EVELYN
REGION CODE ADDRESS : 9 TEPOLITO
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032030710 MORTGAGORS: ELLINGSON ANN
ELLINGSON JERRY
REGION CODE ADDRESS : 12216 TIARA STREET
01 CITY : VALLEY VILLAGE AREA, LOS
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 308,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,453.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,079.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032030736 MORTGAGORS: ODA PAUL
ODA SHARON
REGION CODE ADDRESS : 4713 REESE ROAD
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 309,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,146.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,058.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.46300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,603,350.00
P & I AMT: 10,804.90 UPB AMT: 1,602,247.52
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 74
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030744 MORTGAGORS: ENGLER RALPH
REGION CODE ADDRESS : 714 SOUTH BROADWAY UNIT #A
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0032030769 MORTGAGORS: HUNTER RAYMOND
HUNTER DIANE
REGION CODE ADDRESS : 28396 VIA ALFONSE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,690.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,514.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032030777 MORTGAGORS: EDMONDSON WAYNE
EDMONDSON PAMELA
REGION CODE ADDRESS : 2650 PALMETTO
01 CITY : TUSTIN
STATE/ZIP : CA 92782
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.00000
----------------------------------------------------------------------------
0 0032030793 MORTGAGORS: JULIEN RICHARD
JULIEN JUDY
REGION CODE ADDRESS : 24567 STONEGATE DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,719.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,194.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/27
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.21535
----------------------------------------------------------------------------
0 0032030827 MORTGAGORS: MURRAY SHANE
MURRAY JILL
REGION CODE ADDRESS : 20881 SKIMMER LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 294,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,346.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,606,600.00
P & I AMT: 10,687.71 UPB AMT: 1,605,281.71
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 75
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030843 MORTGAGORS: MOURA JOHN
REGION CODE ADDRESS : 430 SOUTH CLARK DRIVE
01 CITY : BEVERLY HILLS
STATE/ZIP : CA 90211
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,645.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,874.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.54500
----------------------------------------------------------------------------
0 0032030926 MORTGAGORS: CROUCH WAYNE
CROUCH PATRICIA
REGION CODE ADDRESS : 13365 MEADOW WOOD LANE
01 CITY : GRANADA HILLS AREA
STATE/ZIP : CA 91344
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,790.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.46100
----------------------------------------------------------------------------
0 0032030934 MORTGAGORS: PARKER HAROLD
PARKER SUSAN
REGION CODE ADDRESS : 1405 EDGECLIFF LANE
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,672.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.17500
----------------------------------------------------------------------------
0 0032030959 MORTGAGORS: HODGKINS MICHAEL
HODGKINS CONNIE
REGION CODE ADDRESS : 100 BROOKLINE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 373,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,709.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,544.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.52600
----------------------------------------------------------------------------
0 0032030967 MORTGAGORS: CATLIN DAVID
CATLIN LINDA
REGION CODE ADDRESS : 1289 SOUTH WESTWIND CIRCLE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91361
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.60600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,860,000.00
P & I AMT: 12,404.09 UPB AMT: 1,858,481.95
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 76
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032030983 MORTGAGORS: MCCARTNEY ROBERT
MCCARTNEY KAREN
REGION CODE ADDRESS : 34864 PALOMARES ROAD
01 CITY : CASTRO VALLEY(UNINCOR. OF
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,783.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 47.13000
----------------------------------------------------------------------------
0 0032030991 MORTGAGORS: ESPOSITO VINCENT
ESPOSITO KATHLEEN
REGION CODE ADDRESS : 35 CEDARBROOK
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 463,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 462,611.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,041.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.08000
----------------------------------------------------------------------------
0 0032031007 MORTGAGORS: WORTHLEY ROBERT
WORTHLEY ZAIDA
REGION CODE ADDRESS : 728 OPAL AVENUE
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 259,875.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,561.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 81.21000
----------------------------------------------------------------------------
0 0032031031 MORTGAGORS: SANTANA WILLIAM
HORTON KENDALL
REGION CODE ADDRESS : 2123 HOLLISTER TERRACE
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,663.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,029.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.18100
----------------------------------------------------------------------------
0 0032031049 MORTGAGORS: IYER P
IYER M
REGION CODE ADDRESS : 6 TRENTON
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,756.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.50000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,599,875.00
P & I AMT: 10,602.20 UPB AMT: 1,598,375.68
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 77
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032031106 MORTGAGORS: COLLINS SCOTT
PERKINS MICHI
REGION CODE ADDRESS : 5355 CHIANTI COURT
01 CITY : VALLEJO
STATE/ZIP : CA 94591
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,804.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98400
----------------------------------------------------------------------------
0 0032031387 MORTGAGORS: CAMPANILE FRANK
CAMPANILE VIVIEN
REGION CODE ADDRESS : 332 SPYGLASS WAY
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 364,760.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,453.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,396.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032031536 MORTGAGORS: LIN TA-TUNG
HSIANG KAREN
REGION CODE ADDRESS : 6894 GLENVIEW DRIVE\
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,768.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.56500
----------------------------------------------------------------------------
0 0032031619 MORTGAGORS: YEE BENJAMIN
YEE TRUDY
REGION CODE ADDRESS : 20248 SARATOGA VISTA COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 34.00000
----------------------------------------------------------------------------
0 0032032138 MORTGAGORS: YINGLING WILLIAM
YINGLING BARBARA
REGION CODE ADDRESS : 2308 PACIFIC DRIVE
01 CITY : CORONA DEL MAR
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,186.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,293.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 34.13700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,690,760.00
P & I AMT: 11,313.19 UPB AMT: 1,688,980.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 78
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032032229 MORTGAGORS: SANFORD JEFF
KELLY MONICA
REGION CODE ADDRESS : 740 SANTA CLARA AVENUE
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,569.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.27000
----------------------------------------------------------------------------
0 0032032450 MORTGAGORS: AMBROSON DONALD
AMBROSON TAMARA
REGION CODE ADDRESS : 14 CEDAR TREE LANE
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,256.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.47200
----------------------------------------------------------------------------
0 0032032724 MORTGAGORS: COATES MATTHEW
REGION CODE ADDRESS : 24 BAYVIEW COURT
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,764.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032032732 MORTGAGORS: PALEY MARC
REGION CODE ADDRESS : 211 ROSS WAY
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,780.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.69697
----------------------------------------------------------------------------
0 0032032799 MORTGAGORS: MENZ MARTIN
MENZ TRACI
REGION CODE ADDRESS : 1135 MT WHITNEY ST
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,089.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,393,300.00
P & I AMT: 9,298.27 UPB AMT: 1,391,460.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 79
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032032963 MORTGAGORS: WILKE PETER
WILKE ANNE
REGION CODE ADDRESS : 5 HIGH BLUFF
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 329,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,743.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.81800
----------------------------------------------------------------------------
0 0032033110 MORTGAGORS: CHANG LESLIE
CHANG NINA
REGION CODE ADDRESS : 624 FAIRWAY CIRCLE
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 49.52381
----------------------------------------------------------------------------
0 0032033243 MORTGAGORS: CERVERO ANTHONY
CERVERO JUNE
REGION CODE ADDRESS : 326 CONTRA COSTA AVENUE
01 CITY : VENTURA
STATE/ZIP : CA 93004
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,768.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.61100
----------------------------------------------------------------------------
0 0032034209 MORTGAGORS: LIPSCHITZ WAYNE
REGION CODE ADDRESS : 20842 BETRON STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 406,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,174.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,738.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.42800
----------------------------------------------------------------------------
0 0032034225 MORTGAGORS: GORMAN GREGORY
GORMAN JOAN
REGION CODE ADDRESS : 5159 MARVALE DRIVE
01 CITY : LOS ANGELES AREA
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,814.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,782,500.00
P & I AMT: 12,098.41 UPB AMT: 1,781,094.96
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 80
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034241 MORTGAGORS: DOWNS BRYAN
DOWNS BARBARA
REGION CODE ADDRESS : 6614 WHITBOURNE DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,746.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 61.66600
----------------------------------------------------------------------------
0 0032034258 MORTGAGORS: WANNER KENNETH
REGION CODE ADDRESS : 18743 SANTA ISADORA STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,749.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.42800
----------------------------------------------------------------------------
0 0032034373 MORTGAGORS: HO JOHN
HO CYNTHIA
REGION CODE ADDRESS : 8 ELDERWOOD
01 CITY : ALISO VIEJO
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,757.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0032034399 MORTGAGORS: DE KUNFFY CHARLES
REGION CODE ADDRESS : 82 DRIFTWOOD CIRCLE
01 CITY : PACIFICA
STATE/ZIP : CA 94044
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,754.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.66600
----------------------------------------------------------------------------
0 0032034407 MORTGAGORS: WENDZEL STAN
WENDZEL DENISE
REGION CODE ADDRESS : 2207 VIA IRIS
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,532,000.00
P & I AMT: 10,313.51 UPB AMT: 1,530,771.30
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 81
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034423 MORTGAGORS: D'HONDT JOHANN
D'HONDT HAE-SOON
REGION CODE ADDRESS : 470 BERESFORD AVENUE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 385,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,583.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,567.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 51.45333
----------------------------------------------------------------------------
0 0032034449 MORTGAGORS: VI PETER
VI THUY
REGION CODE ADDRESS : 8631 ORANGEWOOD AVENUE
01 CITY : GARDEN GROVE
STATE/ZIP : CA 92841
MORTGAGE AMOUNT : 310,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,001.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
0 0032034464 MORTGAGORS: MCCALLA LONNY
MCCALLA PATRICIA
REGION CODE ADDRESS : 18 SWALLOWS LANE
01 CITY : TRABUCO CANYON AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,692.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032034472 MORTGAGORS: CARLSEN MICHAEL
CARLSEN DAWN
REGION CODE ADDRESS : 1602 STONEHENGE WAY
01 CITY : PETALUMA
STATE/ZIP : CA 94954
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.66600
----------------------------------------------------------------------------
0 0032034506 MORTGAGORS: NGUYEN DINH
REGION CODE ADDRESS : 1201 SOUTHPOINT VIEW STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,636,150.00
P & I AMT: 10,983.80 UPB AMT: 1,634,831.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 82
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034530 MORTGAGORS: ASBERRY SHARON
REGION CODE ADDRESS : 2402 FELTON LANE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 227,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,318.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,532.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032034613 MORTGAGORS: HARRISON ANDREW
REGION CODE ADDRESS : 2795 RUBINO CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 300,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,653.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,001.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99000
----------------------------------------------------------------------------
0 0032034621 MORTGAGORS: PERAZZO BERNICE
REGION CODE ADDRESS : 1552 SAN ANSELMO AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.16600
----------------------------------------------------------------------------
0 0032034647 MORTGAGORS: ROGERS-NEECE JUDY
REGION CODE ADDRESS : 1436 WILLOWGREEN COURT
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.12900
----------------------------------------------------------------------------
0 0032034654 MORTGAGORS: DEL GRANDE CHRIS
MELIN DAN
REGION CODE ADDRESS : 846 BREVINS LOOP
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,705.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.51100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,504,400.00
P & I AMT: 10,067.18 UPB AMT: 1,503,180.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 83
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034662 MORTGAGORS: BROCKWAY ROBERT
BROCKWAY JENIFER
REGION CODE ADDRESS : 30303 GANADO DRIVE
01 CITY : RANCHO PALOS VERDE
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 397,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,197.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,745.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.35300
----------------------------------------------------------------------------
0 0032034670 MORTGAGORS: JAWAID MUHAMMED
JAWAID LUBNA
REGION CODE ADDRESS : 102 GERBERA STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
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 : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.64800
----------------------------------------------------------------------------
0 0032034688 MORTGAGORS: O'HEHIR JOSEPH
MASSERIA VICKI
REGION CODE ADDRESS : 1 WOODROSE COURT
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,584.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,503.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.19700
----------------------------------------------------------------------------
0 0032034704 MORTGAGORS: WITTY DAVID
WITTY ABBI
REGION CODE ADDRESS : 10405 PINYON AVENUE
01 CITY : TUJUNGA
STATE/ZIP : CA 91042
MORTGAGE AMOUNT : 224,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 223,833.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,566.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.92700
----------------------------------------------------------------------------
0 0032034720 MORTGAGORS: GOWER ANDREW
GOWER JULIE
REGION CODE ADDRESS : 2430 5TH STREET, #F
01 CITY : BERKELEY
STATE/ZIP : CA 94710
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,254.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,734,000.00
P & I AMT: 11,707.33 UPB AMT: 1,732,617.67
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 84
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034787 MORTGAGORS: VERDI JOHN
VERDI REBECCA
REGION CODE ADDRESS : 8404 CHARLOMA DRIVE
01 CITY : DOWNEY
STATE/ZIP : CA 90240
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,722.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.71700
----------------------------------------------------------------------------
0 0032034837 MORTGAGORS: KHALEDI DARIOUSH
KHALEDI SHAPAR
REGION CODE ADDRESS : 334 DEER HOLLOW DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
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 : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.95600
----------------------------------------------------------------------------
0 0032034886 MORTGAGORS: LEE KWANG
LEE SO
REGION CODE ADDRESS : 882 SOUTH VICTORIA AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90005
MORTGAGE AMOUNT : 349,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,113.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,324.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.79100
----------------------------------------------------------------------------
0 0032034910 MORTGAGORS: GOYAL PRABHAT
GOYAL VINOD
REGION CODE ADDRESS : 136 COOLSPRING COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,784.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.90500
----------------------------------------------------------------------------
0 0032034928 MORTGAGORS: BERNSTEIN MAURI
REGION CODE ADDRESS : 4267 RIVERTON AVENUE
01 CITY : NORTH HOLLYWOOD
STATE/ZIP : CA 91602
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,036.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,543,650.00
P & I AMT: 10,337.72 UPB AMT: 1,542,137.28
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 85
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032034969 MORTGAGORS: MOJABI VAHEED
REGION CODE ADDRESS : 999 WISCONSIN STREET #1
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94107
MORTGAGE AMOUNT : 168,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 167,872.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,160.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0032034993 MORTGAGORS: MULLINS TERRENCE
REGION CODE ADDRESS : 2243 OCCIDENTAL ROAD
01 CITY : HAYWARD
STATE/ZIP : CA 94545
MORTGAGE AMOUNT : 267,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,701.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98900
----------------------------------------------------------------------------
0 0032035016 MORTGAGORS: HEMINGWAY FAREDAY
REGION CODE ADDRESS : 12 HERITAGE DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 292,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,872.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.91700
----------------------------------------------------------------------------
0 0032035024 MORTGAGORS: FAZELI-TEHRANI HOSSEIN
VAHABZADEH FARIMAH
REGION CODE ADDRESS : 247 GREENMOOR
01 CITY : IRVINE
STATE/ZIP : CA 92614
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.33300
----------------------------------------------------------------------------
0 0032035057 MORTGAGORS: FARGOTSTEIN PAUL
FARGOTSTEIN NARDA
REGION CODE ADDRESS : 23 FACULTY COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,766.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.71700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,355,000.00
P & I AMT: 9,275.52 UPB AMT: 1,353,949.57
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 86
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035065 MORTGAGORS: HOLLENBAUGH THOMAS
REGION CODE ADDRESS : 947-949 NORTH HARPER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,740.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.95900
----------------------------------------------------------------------------
0 0032035073 MORTGAGORS: SCHERZINGER MARK
SCHERZINGER SUSAN
REGION CODE ADDRESS : 26342 IVES WAY
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 291,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,761.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,936.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.64800
----------------------------------------------------------------------------
0 0032035081 MORTGAGORS: STEVENS JOHN
STEVENS DIANA
REGION CODE ADDRESS : 835 PANORAMA ROAD
01 CITY : FULLERTON
STATE/ZIP : CA 92831
MORTGAGE AMOUNT : 377,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,319.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,640.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032035107 MORTGAGORS: JONES CHI
REGION CODE ADDRESS : 27779 HOMESTEAD ROAD
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 421,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,646.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,765.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.35500
----------------------------------------------------------------------------
0 0032035131 MORTGAGORS: ALPAN KENAN
ALPAN ELCIM
REGION CODE ADDRESS : 16841 SAYBROOK LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,436.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,218.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/19
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.22200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,702,600.00
P & I AMT: 11,743.79 UPB AMT: 1,700,905.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 87
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035164 MORTGAGORS: CHAVEZ HECTOR
CHAVEZ FERMINA
REGION CODE ADDRESS : 27320 BRIGHTON DRIVE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,284.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.54500
----------------------------------------------------------------------------
0 0032035198 MORTGAGORS: NOEBEL BARRY
NOEBEL JANE
REGION CODE ADDRESS : 20 CANDLEBUSH
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 283,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,467.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 57.31300
----------------------------------------------------------------------------
0 0032035230 MORTGAGORS: ULMER W.
ULMER BEVERLY
REGION CODE ADDRESS : 18931 SOUTH MESA DRIVE
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 470,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,514.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,132.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.34400
----------------------------------------------------------------------------
0 0032035248 MORTGAGORS: STOLO PATRICIA
REGION CODE ADDRESS : 17397 ASPENGLOW LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,757.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,969.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.05494
----------------------------------------------------------------------------
0 0032035255 MORTGAGORS: BOLAND LAURENCE
BOLAND RAULINE
REGION CODE ADDRESS : 4321 HAZELBROOK AVE
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.18100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,633,100.00
P & I AMT: 10,865.06 UPB AMT: 1,631,761.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 88
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035388 MORTGAGORS: NESBITT FREDERICK
NESBITT VICTORIA
REGION CODE ADDRESS : 1720 EARL, AVENUE
01 CITY : SAN BRUNO AREA
STATE/ZIP : CA 94066
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.92200
----------------------------------------------------------------------------
0 0032035396 MORTGAGORS: WHITE BRUCE
WHITE GWYN
REGION CODE ADDRESS : 10152 CRAILET DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
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 : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032035412 MORTGAGORS: LIM DAVID
HATAKEYAMA CHARLENE
REGION CODE ADDRESS : 20315 VIA LAS VILLAS
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032035420 MORTGAGORS: PULLIN KEVIN
PULLIN FRANCES
REGION CODE ADDRESS : 1772 NORTH MODOC STREET
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 360,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,675.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,492.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.32960
----------------------------------------------------------------------------
0 0032035461 MORTGAGORS: RAMIREZ JESUS
RAMIREZ MARIA
REGION CODE ADDRESS : 23639 CASTLEROCK
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 328,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,502.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,078.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,817,750.00
P & I AMT: 12,057.20 UPB AMT: 1,816,247.97
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 89
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035735 MORTGAGORS: BOSTON DANNY
BOBSIN JANET
REGION CODE ADDRESS : 19321 PISMO LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,788.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 56.38297
----------------------------------------------------------------------------
0 0032035776 MORTGAGORS: MOSTAMAND FARID
REGION CODE ADDRESS : 22711 FOXRIDGE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,704.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.12000
----------------------------------------------------------------------------
0 0032035842 MORTGAGORS: SAIDI JACOB
SAIDI RACHEL
REGION CODE ADDRESS : 2320 KELTON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,764.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.00000
----------------------------------------------------------------------------
0 0032035859 MORTGAGORS: WATANABE FREDERICK
WATANABE KELLY
REGION CODE ADDRESS : 14290 ROBLAR PLACE
01 CITY : SHERMAN OAKS AREA LOS ANG
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,258.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.70100
----------------------------------------------------------------------------
0 0032035867 MORTGAGORS: MCNICOL MITCH
MCNICOL SHANNON
REGION CODE ADDRESS : 18679 SANTA YNEZ STREET
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 321,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,123.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.04500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,550,900.00
P & I AMT: 10,365.47 UPB AMT: 1,549,638.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 90
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032035875 MORTGAGORS: DENHAM BRIAN
DENHAM LISA
REGION CODE ADDRESS : 3085 WINDMILL CANYON DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.06900
----------------------------------------------------------------------------
0 0032035883 MORTGAGORS: GUNDERSON NANCY
GUNDERSON WILLIAM
REGION CODE ADDRESS : 8799 SUNBIRD AVENUE
01 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,690.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,508.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.50000
----------------------------------------------------------------------------
0 0032035917 MORTGAGORS: CROCKER DAVID
CROCKER ELAINE
REGION CODE ADDRESS : 5127 EAST MUIR DRIVE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032036014 MORTGAGORS: COOK CARL
COOK CHI-HENG
REGION CODE ADDRESS : 36229 KOITE DR
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 331,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,434.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,234.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99266
----------------------------------------------------------------------------
0 0032036238 MORTGAGORS: SCHNUCKEL BRIAN
SCHNUCKEL JOANNE
REGION CODE ADDRESS : 1600 NELSON AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 521,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,551.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,379.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.42800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,889,700.00
P & I AMT: 12,406.78 UPB AMT: 1,888,109.15
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 91
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036279 MORTGAGORS: BHATIA TARUN
BHATIA NEERU
REGION CODE ADDRESS : 4504 VANALDEN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0032036303 MORTGAGORS: BEACH DANIEL
BEACH MELINDA
REGION CODE ADDRESS : 418 TICO ROAD
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 496,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 495,551.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,135.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032036329 MORTGAGORS: EDWARDS KARL
EDWARDS SHERI
REGION CODE ADDRESS : 2623 VETERAN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 257,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,488.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.72000
----------------------------------------------------------------------------
0 0032036352 MORTGAGORS: RICHARDS JERRY
RICHARDS BARBARA
REGION CODE ADDRESS : 284 CLAREMONT AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 459,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 458,659.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,209.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.44000
----------------------------------------------------------------------------
0 0032036386 MORTGAGORS: BLACK RICHARD
BLACK NANCY
REGION CODE ADDRESS : 2715 NORTH PALOS VERDES DRIVE
01 CITY : ROLLING HILL ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 606,025.00 OPTION TO CONVERT :
UNPAID BALANCE : 605,528.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,031.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.34500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,143,725.00
P & I AMT: 14,335.55 UPB AMT: 2,141,980.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 92
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036436 MORTGAGORS: MATTEONI SCOTT
MATTEONI LESLIE
REGION CODE ADDRESS : 1482 RAMITA COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 273,426.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,207.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.18600
----------------------------------------------------------------------------
0 0032036469 MORTGAGORS: EGUCHI FUMIO
EGUCHI CAROLYN
REGION CODE ADDRESS : 17331 CORONADO LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 254,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,041.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.62500
----------------------------------------------------------------------------
0 0032036485 MORTGAGORS: CHIU AUDREY
CHIU MARTIN
REGION CODE ADDRESS : 7911 EAST BERNER STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,746.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,055.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.94800
----------------------------------------------------------------------------
0 0032036493 MORTGAGORS: MC KENDALL VICTORIA
MC KENDALL FRANK
REGION CODE ADDRESS : 25318 BOWIE COURT
01 CITY : STEVENSON RANCH AREA, LOS
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,786.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032036501 MORTGAGORS: KIM JOHNNY
KIM JACKIE
REGION CODE ADDRESS : 1665 KNOLLWOOD DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91101
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,606.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,193.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,576,676.00
P & I AMT: 10,512.71 UPB AMT: 1,575,389.05
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 93
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036543 MORTGAGORS: GRUNDER FRANCES
HAMMERMAN BARBARA
REGION CODE ADDRESS : 2858 CAROLINA AVENUE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94064
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,257.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.96200
----------------------------------------------------------------------------
0 0032036550 MORTGAGORS: CHOU CHOA
WONG SIEW
REGION CODE ADDRESS : 1567 EAST STARPASS DRIVE
01 CITY : FRESNO
STATE/ZIP : CA 93720
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.23000
----------------------------------------------------------------------------
0 0032036584 MORTGAGORS: VANSHEESWARAN PRADEEP
PRADEEP SUDHA
REGION CODE ADDRESS : 16966 JEANINE PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91344
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,762.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.37800
----------------------------------------------------------------------------
0 0032036592 MORTGAGORS: SERNIAK GEORGE
REGION CODE ADDRESS : 23282 PALAWAN CIRCLE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.66600
----------------------------------------------------------------------------
0 0032036634 MORTGAGORS: MACALDO ALFREDO
MACALDO JANE
REGION CODE ADDRESS : 1824 MIRABELLA DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 265,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,082.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,599,800.00
P & I AMT: 10,807.31 UPB AMT: 1,598,526.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 94
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036691 MORTGAGORS: BOOKOFF CHARLES
BISHOP JUDITH
REGION CODE ADDRESS : 1154 COLE STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 46.66600
----------------------------------------------------------------------------
0 0032036709 MORTGAGORS: GIBBS PATRICK
GIBBS KIM
REGION CODE ADDRESS : 6802 VIA CARONA DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,791.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.92300
----------------------------------------------------------------------------
0 0032036717 MORTGAGORS: SIMPSON THOMAS
SIMPSON LOUISE
REGION CODE ADDRESS : 1124 RANLEIGH WAY
01 CITY : PIEDMONT
STATE/ZIP : CA 94610
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032036790 MORTGAGORS: RINES SCOTT
REGION CODE ADDRESS : 310 LOMA AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90814
MORTGAGE AMOUNT : 266,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,481.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.18400
----------------------------------------------------------------------------
0 0032036808 MORTGAGORS: NORRIS ROBERT
NORRIS PAMELA
REGION CODE ADDRESS : 1122 PRESIDIO BOULEVARD
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,741.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,459,700.00
P & I AMT: 9,921.51 UPB AMT: 1,458,552.26
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 95
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032036832 MORTGAGORS: BREEZE DAVID
BREEZE HILLARY
REGION CODE ADDRESS : 434 & 436 WEST FIFTH STREET
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 275,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,057.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 88.52000
----------------------------------------------------------------------------
0 0032036873 MORTGAGORS: THOMPSON THOMAS
THOMPSON KATHLEEN
REGION CODE ADDRESS : 2146 VIA TECA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92674
MORTGAGE AMOUNT : 290,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,561.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.45300
----------------------------------------------------------------------------
0 0032036931 MORTGAGORS: MARTINEZ ALFRED
MARTINEZ MARGARET
REGION CODE ADDRESS : 5300 HECKER PASS HWY
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,796.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.42300
----------------------------------------------------------------------------
0 0032036956 MORTGAGORS: SISCO MARK
REGION CODE ADDRESS : 519 15TH STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.36800
----------------------------------------------------------------------------
0 0032037004 MORTGAGORS: LAMBERTH WILLIAM
LAMBERTH ELIZABETH
REGION CODE ADDRESS : 2032 SANTA ANITA AVENUE
01 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,808.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.57100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,349,100.00
P & I AMT: 9,088.26 UPB AMT: 1,348,018.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 96
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032037061 MORTGAGORS: JAFFE CRAIG
JAFFE JASMINE
REGION CODE ADDRESS : 3412 KEESHEN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 285,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,271.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.10000
----------------------------------------------------------------------------
0 0032037079 MORTGAGORS: ROVZAR ROBERT
ROVZAR ELIZABETH
REGION CODE ADDRESS : 1936 PORT CHELSEA PLACE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,735.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,312.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.96200
----------------------------------------------------------------------------
0 0032037129 MORTGAGORS: KYLE DOUGLAS
KYLE SHARON
REGION CODE ADDRESS : 29 LAUREL AVENUE
01 CITY : WOODACRE
STATE/ZIP : CA 94973
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032037251 MORTGAGORS: MORRISON FRED
MORRISON SOPHIE
REGION CODE ADDRESS : 380 SOUTH ORANGE GROVE BOULEVARD #4
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,698.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.77700
----------------------------------------------------------------------------
0 0032037335 MORTGAGORS: FRY THOMAS
RYAN-FRY LOUISE
REGION CODE ADDRESS : 18385 CASTLE RIDGE DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,733.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,333.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.16900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,676,500.00
P & I AMT: 11,264.57 UPB AMT: 1,675,151.22
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 97
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032037400 MORTGAGORS: MCDONALD JOHN
MCDONALD TAWNA
REGION CODE ADDRESS : 314 SOUTH ARDMORE AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,724.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.87500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0032037434 MORTGAGORS: CERCONE FRANK
CERCONE JAN
REGION CODE ADDRESS : 4187 PINE RIDGE DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 615,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 614,995.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,094.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.60600
----------------------------------------------------------------------------
0 0032037483 MORTGAGORS: WRIGHT GARY
WRIGHT LORI
REGION CODE ADDRESS : 15 SEA TERRACE
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 590,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 589,516.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,925.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.55500
----------------------------------------------------------------------------
0 0032037509 MORTGAGORS: DUMKE RICHARD
DUMKE EDWARD
REGION CODE ADDRESS : 805 BARNESON AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.25900
----------------------------------------------------------------------------
0 0032037533 MORTGAGORS: BORRONE ROY
BORRONE ROSE
REGION CODE ADDRESS : 88 ALAMEDA DE LAS PULGAS
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 498,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 497,611.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,397.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.88721
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,503,500.00
P & I AMT: 17,046.45 UPB AMT: 2,501,536.04
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 98
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032037541 MORTGAGORS: GORMAN RICHARD
GORMAN DONNA
REGION CODE ADDRESS : 3022 SAINT ALBANS DRIVE
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.10400
----------------------------------------------------------------------------
0 0032037590 MORTGAGORS: FELDMAN ALEX
FELDMAN OLGA
REGION CODE ADDRESS : 447 11TH AVE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 397,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,690.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,708.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.25300
----------------------------------------------------------------------------
0 0032037616 MORTGAGORS: KUHNEY MICHAEL
KUHNEY CHERI
REGION CODE ADDRESS : 3870 ARBOLADO DRIVE,
01 CITY : WALNUT CREEK,
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 391,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,952.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,702.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.05300
----------------------------------------------------------------------------
0 0032037657 MORTGAGORS: HAWKINS JEFFREY
HAWKINS REBECCA
REGION CODE ADDRESS : 22529 CANYON RIDGE PLACE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 295,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,569.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.73333
----------------------------------------------------------------------------
0 0032037715 MORTGAGORS: WINTHER BRADLEY
WINTHER CYNTHIA
REGION CODE ADDRESS : 27265 ESGOS
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,768.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,649,050.00
P & I AMT: 11,237.90 UPB AMT: 1,647,760.14
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 99
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032037749 MORTGAGORS: YAMOUT KHALED
MARTINEZ-YAMOUT MARIA
REGION CODE ADDRESS : 7916 CORTE CARDO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.44400
----------------------------------------------------------------------------
0 0032037772 MORTGAGORS: COBURN DENNIS
COBURN JOYCE
REGION CODE ADDRESS : 1065 WEST DUNNE AVENUE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.86900
----------------------------------------------------------------------------
0 0032037889 MORTGAGORS: DUGGAN JOSEPH
REJHON ANNALEE
REGION CODE ADDRESS : 1056 CRAGMONT AVENUE
01 CITY : BERKELEY
STATE/ZIP : CA 94708
MORTGAGE AMOUNT : 373,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,723.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,608.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 79.36100
----------------------------------------------------------------------------
0 0032038531 MORTGAGORS: O'BRIEN JAMES
O'BRIEN LILY
REGION CODE ADDRESS : 206 CATALINA BOULEVARD
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,115.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032038556 MORTGAGORS: STANKE JOHN
STANKE SARA
REGION CODE ADDRESS : 1160 RIVER ROCK LANE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,248.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,897.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,697,900.00
P & I AMT: 11,462.58 UPB AMT: 1,696,545.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 100
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032038598 MORTGAGORS: COYLE JAMES
COYLE PATRICE
REGION CODE ADDRESS : 420 LARCH LANE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 491,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,436.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,231.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.69600
----------------------------------------------------------------------------
0 0032038622 MORTGAGORS: IRIBARREN CARLOS
REGION CODE ADDRESS : 1499 POSEN AVENUE
01 CITY : ALBANY
STATE/ZIP : CA 94706
MORTGAGE AMOUNT : 260,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,586.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032038648 MORTGAGORS: THOMSON HOWARD
HECKERT ALANA
REGION CODE ADDRESS : 305 LOWELL AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,153.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,709.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032038689 MORTGAGORS: PARSONS JOHN
PARSONS KARA
REGION CODE ADDRESS : 1850 POWELL STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94133
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,759.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 38.64800
----------------------------------------------------------------------------
0 0032038721 MORTGAGORS: DUGDALE RICHARD
DUGDALE FRANCES
REGION CODE ADDRESS : 153 GRANADA DRIVE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,729.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.50600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,773,150.00
P & I AMT: 11,670.18 UPB AMT: 1,771,665.65
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 101
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032038770 MORTGAGORS: PALFFY ANDREW
PALFFY CYNTHIA
REGION CODE ADDRESS : 27 BROOKDALE COURT
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,634.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,756.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.39300
----------------------------------------------------------------------------
0 0032038796 MORTGAGORS: SUMMERS HEATHER
SUMMERS DON
REGION CODE ADDRESS : 6950 LUCAS VALLEY ROAD
01 CITY : NICASIO
STATE/ZIP : CA 94946
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,668.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.42800
----------------------------------------------------------------------------
0 0032038812 MORTGAGORS: CARMACK LEE
ROSENTHAL RUTH
REGION CODE ADDRESS : 5510 GOLD CREEK DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,732.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.30900
----------------------------------------------------------------------------
0 0032038820 MORTGAGORS: RAMSAY BEATTY
RAMSAY VINETTE
REGION CODE ADDRESS : 1755 CROCKETT LANE
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,676.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 26.33333
----------------------------------------------------------------------------
0 0032038838 MORTGAGORS: PORCELLA GEORGE
VIEW DIANE
REGION CODE ADDRESS : 2239 GRENADIER DRIVE
01 CITY : SAN PEDRO
STATE/ZIP : CA 90732
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,698.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,448.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,918,000.00
P & I AMT: 12,684.62 UPB AMT: 1,916,408.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 102
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032038853 MORTGAGORS: CAMPBELL LEONARD
CHEONG KENNETH
REGION CODE ADDRESS : 2011 OMEGA DRIVE,
01 CITY : SANTA ANA,
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 374,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,900.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,521.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.53400
----------------------------------------------------------------------------
0 0032038879 MORTGAGORS: FORMAN PETER
FORMAN JO
REGION CODE ADDRESS : 1581 CLEAR VIEW DRIVE
01 CITY : BEVERLY HILLS (AREA)
STATE/ZIP : CA 90210
MORTGAGE AMOUNT : 616,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 615,531.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,254.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039174 MORTGAGORS: AHN CHANG
AHN EUNYOUNG
REGION CODE ADDRESS : 2799 RUBINO CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,745.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,844.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039240 MORTGAGORS: FRY LARRY
FRY SUSAN
REGION CODE ADDRESS : 3049 CAYENTE WAY
01 CITY : SHINGLE SPRINGS
STATE/ZIP : CA 95682
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,558.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.75400
----------------------------------------------------------------------------
0 0032039257 MORTGAGORS: WILSON EDWARD
WILSON JACQUELINE
REGION CODE ADDRESS : 9299 YORKSHIP COURT
01 CITY : ELK GROVE
STATE/ZIP : CA 95758
MORTGAGE AMOUNT : 370,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,118.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,937,600.00
P & I AMT: 13,174.02 UPB AMT: 1,935,854.93
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 103
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032039265 MORTGAGORS: BONANNO RONALD
BONANNO NANCY
REGION CODE ADDRESS : 152 CARMODY CIRCLE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,700.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039273 MORTGAGORS: HALL RICHARD
BULLER AMY
REGION CODE ADDRESS : 828 ROMANI COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 347,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,908.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,280.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039281 MORTGAGORS: TUCKER SCOTT
OLIVA ROSE
REGION CODE ADDRESS : 838 BREVINS LOOP
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 369,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,661.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,523.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99100
----------------------------------------------------------------------------
0 0032039323 MORTGAGORS: PRENTICE JON
PRENTICE JENNIFER
REGION CODE ADDRESS : 4345 AVENIDA DE LAS FLORES
01 CITY : YORBA LINDA,
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 175,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 175,066.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,210.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039356 MORTGAGORS: FRANCIS PENNY
REGION CODE ADDRESS : 1109 ANTELOPE PLACE
01 CITY : NEWBURY PARK
STATE/ZIP : CA 91320
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.28712
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,636,350.00
P & I AMT: 11,090.04 UPB AMT: 1,635,056.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 104
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032039364 MORTGAGORS: THOMPSON JOHN
THOMPSON SOLANGE
REGION CODE ADDRESS : 825 SANTA ROSITA
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.98700
----------------------------------------------------------------------------
0 0032039372 MORTGAGORS: BOYER TIMOTHY
BOYER JANICE
REGION CODE ADDRESS : 11227 CROCKER GROVE LANE
01 CITY : GOLD RIVER
STATE/ZIP : CA 95670
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 : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.52000
----------------------------------------------------------------------------
0 0032039380 MORTGAGORS: BOJORQUEZ DANIEL
BOJORQUEZ CAROLYN
REGION CODE ADDRESS : 11 MUSTANG ROAD
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,665.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032039398 MORTGAGORS: TAWNEY JOHN
WRIGHT TAWNEY DEBRA
REGION CODE ADDRESS : 860 MAPLE AVENUE
01 CITY : SAN MARTIN
STATE/ZIP : CA 95046
MORTGAGE AMOUNT : 351,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,982.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,426.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.19780
----------------------------------------------------------------------------
0 0032039414 MORTGAGORS: WEBER WOLF
GILLARD VERONIQUE
REGION CODE ADDRESS : 5851 MEANDER DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 340,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,506.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,744,050.00
P & I AMT: 11,927.16 UPB AMT: 1,742,693.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 105
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032039448 MORTGAGORS: TSUDAMA BILL
TSUDAMA KATHY
REGION CODE ADDRESS : 60 PRENDERGAST LANE
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,252.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.33300
----------------------------------------------------------------------------
0 0032039489 MORTGAGORS: SHANNON DOUGLAS
REGION CODE ADDRESS : 509 WOODHAVEN COURT
01 CITY : APTOS
STATE/ZIP : CA 95003
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032039513 MORTGAGORS: SURBRIDGE JOHN
SURBRIDGE GAIL
REGION CODE ADDRESS : 761 LAS OLAS DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 628,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 627,958.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,076.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.19400
----------------------------------------------------------------------------
0 0032039521 MORTGAGORS: LENICH VICTORIA
REGION CODE ADDRESS : 20117 BELMA COURT
01 CITY : SALINAS
STATE/ZIP : CA 93907
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,791.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.19300
----------------------------------------------------------------------------
0 0032039547 MORTGAGORS: KAUL UPENDER
KAUL NUTAN
REGION CODE ADDRESS : 904 BOAR CIRCLE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 507,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 507,094.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,419.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 79.29600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,059,500.00
P & I AMT: 13,783.69 UPB AMT: 2,057,829.17
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 106
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032039661 MORTGAGORS: MARRINAN PATRICK
MARRINAN NANCY
REGION CODE ADDRESS : 41 DELAPORT WAY
01 CITY : CORONADO
STATE/ZIP : CA 92118
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.36231
----------------------------------------------------------------------------
0 0032039844 MORTGAGORS: NELSON MICHAEL
REGION CODE ADDRESS : 20 PARREMO DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,038.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.60500
----------------------------------------------------------------------------
0 0032039869 MORTGAGORS: YANG KATHLEEN
FAUCRET BERTRAND
REGION CODE ADDRESS : 7367 SEAFARER PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 280,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,469.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.90400
----------------------------------------------------------------------------
0 0032040032 MORTGAGORS: BELEN FELIX
BELEN ERLINDA
REGION CODE ADDRESS : 357 SOUTH VAN NESS AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90020
MORTGAGE AMOUNT : 276,520.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,298.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.01400
----------------------------------------------------------------------------
0 0032040073 MORTGAGORS: MUCCINO ALFREDO
MUCCINO STACY
REGION CODE ADDRESS : 932 PINE AVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 555,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 554,567.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,786.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.07700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,674,720.00
P & I AMT: 11,306.22 UPB AMT: 1,673,627.92
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 107
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032040081 MORTGAGORS: VANCE ROBERT
VANCE LOUISE
REGION CODE ADDRESS : 18781 ASPESI DRIVE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 438,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,658.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,987.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.00000
----------------------------------------------------------------------------
0 0032040131 MORTGAGORS: PANGELINAN STEVEN
PANGELINAN DENISE
REGION CODE ADDRESS : 232 SUN RIDGE DR
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,485.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.59000
----------------------------------------------------------------------------
0 0032040172 MORTGAGORS: HILL STEVEN
REGION CODE ADDRESS : 1985 KIRBY WY
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,781.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.80100
----------------------------------------------------------------------------
0 0032040784 MORTGAGORS: GONZALEZ SUSANA
REGION CODE ADDRESS : 11945 MARIPOSA BAY LANE, NORTHRIDGE
01 CITY : LOS ANGELES,
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,577.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 79.99300
----------------------------------------------------------------------------
0 0032040891 MORTGAGORS: VALDEZ LUZVIMINDA
REGION CODE ADDRESS : 2415 CANYON TERRACE DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,763.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,616,800.00
P & I AMT: 10,968.56 UPB AMT: 1,615,265.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 108
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032040909 MORTGAGORS: PIERSON SCOTT
PIERSON ADRIANE
REGION CODE ADDRESS : 39480 AVENIDA DE LA BANDOLERO
01 CITY : TEMECULA
STATE/ZIP : CA 92592
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,784.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,192.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032041014 MORTGAGORS: BEERS DANIEL
BEERS KATHERINE
REGION CODE ADDRESS : 160 WORTHAM COURT
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,695.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.12100
----------------------------------------------------------------------------
0 0032041071 MORTGAGORS: RAUTIO DANIEL
RAUTIO ADRIENNE
REGION CODE ADDRESS : 4107 TESSA PLACE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,950.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032041204 MORTGAGORS: THEAKSTON JOHN
EVANS CHRISTOPHER
REGION CODE ADDRESS : 13434 MORNING GLORY DRIVE
01 CITY : LAKESIDE
STATE/ZIP : CA 92040
MORTGAGE AMOUNT : 256,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,639.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99996
----------------------------------------------------------------------------
0 0032041220 MORTGAGORS: COAR GREGORY
WILLIAMS AMANDA
REGION CODE ADDRESS : 13466 MORNING GLORY DRIVE
01 CITY : LAKESIDE
STATE/ZIP : CA 92040
MORTGAGE AMOUNT : 289,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,975.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 94.34100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,568,900.00
P & I AMT: 10,362.79 UPB AMT: 1,567,045.60
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 109
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032041394 MORTGAGORS: LEVY YONA
REGION CODE ADDRESS : 4725 CEDROS AVENUE
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91403
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,605.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
0 0032041410 MORTGAGORS: FENERTY WILLIAM
FENERTY KATHLEEN
REGION CODE ADDRESS : 1721 ASPENWOOD LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,837.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,278.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032041444 MORTGAGORS: DEAN JOHN
DEAN SHANI
REGION CODE ADDRESS : 16235 AVENIDA SUAVIDAD
01 CITY : SAN DEIGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,782.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.22700
----------------------------------------------------------------------------
0 0032041501 MORTGAGORS: PRINCE SUSAN
REGION CODE ADDRESS : 1160 GREENWICH STREET #301
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94109
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.61111
----------------------------------------------------------------------------
0 0032041980 MORTGAGORS: THOMPSON GARY
THOMPSON HOPE
REGION CODE ADDRESS : 264 DRAEGER DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 476,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 476,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.96000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,600,400.00
P & I AMT: 10,855.54 UPB AMT: 1,599,018.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 110
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032041998 MORTGAGORS: LINDER THOMAS
LINDER PATRICIA
REGION CODE ADDRESS : 922 THE ALAMEDA
01 CITY : BERKELEY
STATE/ZIP : CA 94707
MORTGAGE AMOUNT : 296,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,963.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.13500
----------------------------------------------------------------------------
0 0032042160 MORTGAGORS: ZHOU BIN
WANG ZHIYAN
REGION CODE ADDRESS : 41086 DAVILA COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,763.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032042210 MORTGAGORS: KSHETRAPAL ROHIT
KSHETRAPAL PRIYA
REGION CODE ADDRESS : 495 CRAGMONT AVENUE,
01 CITY : BERKELEY,
STATE/ZIP : CA 94708
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,748.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.98400
----------------------------------------------------------------------------
0 0032042244 MORTGAGORS: KASSEBAUM ROSS
KASSEBAUM ANNE
REGION CODE ADDRESS : 431 EVERGREEN COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 358,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
----------------------------------------------------------------------------
0 0032042350 MORTGAGORS: TORRES CONRADO
TORRES LOURDES
REGION CODE ADDRESS : 470 ACERO PLACE
01 CITY : CHULA VISTA
STATE/ZIP : CA 91910
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,747.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.80000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,597,000.00
P & I AMT: 10,844.28 UPB AMT: 1,596,022.48
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 111
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032042426 MORTGAGORS: ROTEN ROBERT
ROTEN MARGO
REGION CODE ADDRESS : 2860 SOMBRERO CIRCLE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,802.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.95700
----------------------------------------------------------------------------
0 0032042574 MORTGAGORS: SIMPKINS LEONARD
SIMPKINS OLGA
REGION CODE ADDRESS : 2832 CEDARDALE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,714.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032042699 MORTGAGORS: CLARK JACK
CLARK JACQUEHNE
REGION CODE ADDRESS : 4 CARNOUSTIE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,680.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.90900
----------------------------------------------------------------------------
0 0032042723 MORTGAGORS: SARDARIAN HELEN
SARDARIAN ARAM
REGION CODE ADDRESS : 22329 PLUMMER STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 423,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,977.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,923.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.61700
----------------------------------------------------------------------------
0 0032042749 MORTGAGORS: GROVES WILLIAM
GROVES ELLEN
REGION CODE ADDRESS : 4451 RAINBOW LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,762.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.04700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,694,300.00
P & I AMT: 11,389.89 UPB AMT: 1,692,937.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 112
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032042798 MORTGAGORS: LEONARD JOHN
ABELEDA CAROLINE
REGION CODE ADDRESS : 28 PARREMO DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,781.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.26300
----------------------------------------------------------------------------
0 0032042822 MORTGAGORS: DURSLAG WILLIAM
REGION CODE ADDRESS : 2400 WALNUT AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,637.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,940.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.68000
----------------------------------------------------------------------------
0 0032042848 MORTGAGORS: TORRES HECTOR
TORRES ROSYCELA
REGION CODE ADDRESS : 10415 CREWE STREET
01 CITY : NORWALK
STATE/ZIP : CA 90650
MORTGAGE AMOUNT : 142,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 142,377.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 924.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.02700
----------------------------------------------------------------------------
0 0032042863 MORTGAGORS: DOWNING CHARLES
DOWNING CARMELA
REGION CODE ADDRESS : 7052 SUNLIGHT DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,759.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,949.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.18900
----------------------------------------------------------------------------
0 0032042889 MORTGAGORS: BURR CURTIS
REGION CODE ADDRESS : 7046 BUCKINGHAM BLVD
01 CITY : BERKELEY
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 474,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,170.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,999.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 69.79400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,619,100.00
P & I AMT: 10,590.40 UPB AMT: 1,617,726.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 113
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032042905 MORTGAGORS: CALUBAYAN LUCIANO
CALUBAYAN MARIA
REGION CODE ADDRESS : 3259 MONTE CARLO DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,721.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.27500
----------------------------------------------------------------------------
0 0032042921 MORTGAGORS: ROBATIAN MOJTABA
ROBATIAN MANDANA
REGION CODE ADDRESS : 13632 FAIRMOUNT WAY
01 CITY : TUSTIN
STATE/ZIP : CA 92780
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.88800
----------------------------------------------------------------------------
0 0032042962 MORTGAGORS: CLAXTON SCOTT
CLAXTON TIARA
REGION CODE ADDRESS : 502 GRANITE HILLS ST.
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,737.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.56300
----------------------------------------------------------------------------
0 0032042996 MORTGAGORS: MATOSSIAN LEVON
MATOSSIAN BEATA
REGION CODE ADDRESS : 1726-1728-1730 NORTH ALLEN AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91104
MORTGAGE AMOUNT : 328,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,256.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,296.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032043002 MORTGAGORS: DUNN KEVIN
DUNN CHERYL
REGION CODE ADDRESS : 20360 VIA ALMERIA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,593.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,844.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 66.17647
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,722,500.00
P & I AMT: 11,421.69 UPB AMT: 1,721,075.58
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 114
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043127 MORTGAGORS: KESHISHYAN ELMIRA
REGION CODE ADDRESS : 1248 EAST ELMWOOD AVENUE
01 CITY : BURBANK
STATE/ZIP : CA 91501
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,756.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98600
----------------------------------------------------------------------------
0 0032043150 MORTGAGORS: BUTLER MICHAEL
BUTLER THERESE
REGION CODE ADDRESS : 18092 IVORYCREST LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,698.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.42800
----------------------------------------------------------------------------
0 0032043176 MORTGAGORS: SELL BRADLEY
VALENTINE-SELL MARY
REGION CODE ADDRESS : 2902 WALKER LEE DRIVE
01 CITY : LOS ALAMITOS AREA ORANGE
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 360,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,104.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,397.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.30927
----------------------------------------------------------------------------
0 0032043309 MORTGAGORS: KAPLAN JAMES
KAPLAN JUDITH
REGION CODE ADDRESS : 3112 GILMERTON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.14300
----------------------------------------------------------------------------
0 0032043341 MORTGAGORS: BARSTAD THOMAS
BARSTAD SANDRA
REGION CODE ADDRESS : 2524 RALEIGH WAY
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 392,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,822.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,545.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.50000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,780,900.00
P & I AMT: 11,835.59 UPB AMT: 1,779,095.13
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 115
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043374 MORTGAGORS: MANESH MARSHALL
REGION CODE ADDRESS : 5717 VALERIE AVENUE
01 CITY : WOODLAND HILLS
STATE/ZIP : CA 91367
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 75.00000
----------------------------------------------------------------------------
0 0032043408 MORTGAGORS: HAYES DANIEL
REGION CODE ADDRESS : 41851 VARDON DRIVE
01 CITY : TEMECULA
STATE/ZIP : CA 92591
MORTGAGE AMOUNT : 156,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 155,884.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,025.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 250
LTV : 79.98100
----------------------------------------------------------------------------
0 0032043549 MORTGAGORS: SHEPHERD JOHN
SHEPHERD KATIE
REGION CODE ADDRESS : 15360 WOODARD ROAD
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,512.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032043564 MORTGAGORS: BAYSTON RICHARD
BAYSTON MARGARET
REGION CODE ADDRESS : 35251 VISTA DE TODO
01 CITY : DANA POINT
STATE/ZIP : CA 92624
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,698.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,539.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.89200
----------------------------------------------------------------------------
0 0032043572 MORTGAGORS: MCGAHA RONALD
MCGAHA BONNIE
REGION CODE ADDRESS : 535 DEL ORO STREET
01 CITY : OJAI
STATE/ZIP : CA 93023
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,728.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,751.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 56.88800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,506,050.00
P & I AMT: 10,356.96 UPB AMT: 1,504,612.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 116
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043598 MORTGAGORS: KAST FRED
KAST NITA
REGION CODE ADDRESS : 1446 BULLION CIR
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.60300
----------------------------------------------------------------------------
0 0032043606 MORTGAGORS: RAHE JO ANN
REGION CODE ADDRESS : 29 FOXTAIL LANE
01 CITY : DOVE CANYON (AREA)
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,731.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032043614 MORTGAGORS: STOUT BRIAN
STOUT JUDY
REGION CODE ADDRESS : 13395 FOOTHILL AVE
01 CITY : SAN MARTIN
STATE/ZIP : CA 95046
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,698.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.94600
----------------------------------------------------------------------------
0 0032043630 MORTGAGORS: SULLIVAN MONICA
SULLIVAN TIMOTHY
REGION CODE ADDRESS : 282 EAST LAUREL AVENUE
01 CITY : SIERRA MADRE
STATE/ZIP : CA 91024
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,790.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.25500
----------------------------------------------------------------------------
0 0032043648 MORTGAGORS: JIMENEZ-ENGLISH MARIA
REGION CODE ADDRESS : 21380 VIA DEL PARQUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 386,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,482.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,619,800.00
P & I AMT: 10,718.12 UPB AMT: 1,618,457.79
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 117
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032043739 MORTGAGORS: DODSON WAYNE
DODSON TAMMY
REGION CODE ADDRESS : 1877 DOLPHIN PLACE
01 CITY : DISCOVERY BAY
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,746.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.71200
----------------------------------------------------------------------------
0 0032043796 MORTGAGORS: MINTON KARI
MINTON RICHARD
REGION CODE ADDRESS : 1218 MAYBERRY LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 389,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,723.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,555.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0032043929 MORTGAGORS: GOFFMAN ELI
REGION CODE ADDRESS : 18360 BERRY ROAD
01 CITY : RIVERSIDE
STATE/ZIP : CA 92508
MORTGAGE AMOUNT : 379,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,954.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,587.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99800
----------------------------------------------------------------------------
0 0032044489 MORTGAGORS: EVANS JEFFERY
EVANS JOAN
REGION CODE ADDRESS : 2216 VIA ACALONES
01 CITY : PALOS VERDES ESTATE
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,777.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 49.45400
----------------------------------------------------------------------------
0 0032044505 MORTGAGORS: HERGENRETER NICHOLAS
HERGENRETER SHEILA
REGION CODE ADDRESS : 9971 SOUTH CENTER DRIVE
01 CITY : VILLA PARK
STATE/ZIP : CA 92667
MORTGAGE AMOUNT : 267,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,201.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 46.50400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,632,700.00
P & I AMT: 11,039.34 UPB AMT: 1,631,402.35
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 118
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032044554 MORTGAGORS: KOHLHEPP WALTER
KOHLHEPP ANNETTE
REGION CODE ADDRESS : 230 AVENUE D
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,796.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 33.06600
----------------------------------------------------------------------------
0 0032044695 MORTGAGORS: DORAN MARK
DORAN SHARON
REGION CODE ADDRESS : 9912 STAR DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,302.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.19800
----------------------------------------------------------------------------
0 0032044711 MORTGAGORS: GASPARIAN ARAM
GASPARIAN SILVA
REGION CODE ADDRESS : 2336 PASEO DE CIMA
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,161.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,744.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032045098 MORTGAGORS: JAYASENAN SIVA
SIVASUBRAMANIAN RAGINI
REGION CODE ADDRESS : 7626 KIRWIN LANE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032045189 MORTGAGORS: GERSHTEYN YEVGENY
GERSHTEYN LEV
REGION CODE ADDRESS : 211 SERRAVISTA AVENUE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 178,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 177,867.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,244.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.92500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,546,000.00
P & I AMT: 10,487.40 UPB AMT: 1,544,779.53
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 119
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032045239 MORTGAGORS: KIM TONY
KIM ELSA
REGION CODE ADDRESS : 816 ROMANI COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 358,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,713.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,411.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97500
----------------------------------------------------------------------------
0 0032045254 MORTGAGORS: SMITH PETER
SMITH SUSAN
REGION CODE ADDRESS : 810 ROMANI COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 376,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,191.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,504.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99800
----------------------------------------------------------------------------
0 0032045296 MORTGAGORS: WICKS CARTER
REGION CODE ADDRESS : 2809 RUBINO CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 296,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,150.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.98200
----------------------------------------------------------------------------
0 0032045429 MORTGAGORS: BARTHOLOMEW DAVID
BARTHOLOMEW ANN
REGION CODE ADDRESS : 83 VIA SONRISA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 359,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,297.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,362.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99200
----------------------------------------------------------------------------
0 0032045460 MORTGAGORS: GOLDSTEIN CHARLES
MOLIN LESLIE
REGION CODE ADDRESS : 348 CALLE MARSEILLE
01 CITY : LONG BEACH
STATE/ZIP : CA 90814
MORTGAGE AMOUNT : 363,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,444.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,389.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,754,250.00
P & I AMT: 11,615.83 UPB AMT: 1,752,798.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 120
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032045932 MORTGAGORS: TIEDGE SCOTT
TIEDGE MARY ELLEN
REGION CODE ADDRESS : 26152 DEVONSHIRE COURT,
01 CITY : LAKE FOREST,
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,750.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032046252 MORTGAGORS: MULLEN DONALD
MULLEN LINDA
REGION CODE ADDRESS : 17264 KIT LANE
01 CITY : JACKSON
STATE/ZIP : CA 95642
MORTGAGE AMOUNT : 292,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,525.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,121.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032046815 MORTGAGORS: GRILEY GLENN
GRILEY REBECCA
REGION CODE ADDRESS : 6308 ORION AVENUE
01 CITY : VAN NUYS AREA
STATE/ZIP : CA 91411
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,751.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 68.75000
----------------------------------------------------------------------------
0 0032046823 MORTGAGORS: VAN LUND ALBERT
VAN LUND BEVERLY
REGION CODE ADDRESS : 751 SOUTH RANCHO SIMI DRIVE
01 CITY : COVINA
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 325,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,226.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.24500
----------------------------------------------------------------------------
0 0032046906 MORTGAGORS: DOOCY PATRICK
EKIERT SANDRA
REGION CODE ADDRESS : 898 ORANGE AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 322,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,242.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,172.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,527,600.00
P & I AMT: 10,272.80 UPB AMT: 1,524,496.38
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 121
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046922 MORTGAGORS: LOVELL MARK
ROSS LAURA
REGION CODE ADDRESS : 141 EMARON DRIVE
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,791.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.09090
----------------------------------------------------------------------------
0 0032046930 MORTGAGORS: BLOOM ERIC
BLOOM DENISE
REGION CODE ADDRESS : 533 AVILA ROAD
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,721.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032046955 MORTGAGORS: BIELAK JONATHAN
BIELAK A
REGION CODE ADDRESS : 660 PERALTA AVENUE
01 CITY : BERKELEY
STATE/ZIP : CA 94707
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.64700
----------------------------------------------------------------------------
0 0032046971 MORTGAGORS: TU HONG
NGUYEN WILLIAM
REGION CODE ADDRESS : 6967 ROCKTON AVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,282.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032046989 MORTGAGORS: RADOV ANTHONY
RADOV DENYCE
REGION CODE ADDRESS : 834 WEST 21ST STREET (SAN PEDRO ARE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,038.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,936.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.71700
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,454,000.00
P & I AMT: 9,870.45 UPB AMT: 1,452,622.82
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 122
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032046997 MORTGAGORS: BEST WILLIS
BEST CAROL
REGION CODE ADDRESS : 12665 HAGER CT.
01 CITY : SAN MARTIN
STATE/ZIP : CA 95046
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,725.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.11100
----------------------------------------------------------------------------
0 0032047011 MORTGAGORS: BENSON CRAIG
HITCHCOCK JOSEPHINE
REGION CODE ADDRESS : 4301 NORRIS ROAD
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,444.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.00000
----------------------------------------------------------------------------
0 0032047060 MORTGAGORS: TOOMEY STEVEN
TOOMEY KAREN
REGION CODE ADDRESS : 8825 SKYLINE BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 383,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,893.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,581.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047078 MORTGAGORS: NARITA ARTHUR
RYUNG NARITA HELEN
REGION CODE ADDRESS : 5686 BROOKHURST COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,197.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.75750
----------------------------------------------------------------------------
0 0032047110 MORTGAGORS: BALANDRA RICARDO
BALANDRA THERESA
REGION CODE ADDRESS : 1580 SIERRA AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95126
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,588.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.76810
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,803,700.00
P & I AMT: 12,077.99 UPB AMT: 1,800,850.36
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 123
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047128 MORTGAGORS: NGUYEN PAUL
REGION CODE ADDRESS : 399 CAPELLA WAY
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,753.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00800
----------------------------------------------------------------------------
0 0032047136 MORTGAGORS: HENDRICKS KATHLEEN
REGION CODE ADDRESS : 51 FLIGHT ROAD
01 CITY : CARMEL VALLEY
STATE/ZIP : CA 93924
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047193 MORTGAGORS: PATHAK SANJIV
PATHAK NEHA
REGION CODE ADDRESS : 301 KIMBER COURT,
01 CITY : FREMONT,
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,600.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.28000
----------------------------------------------------------------------------
0 0032047227 MORTGAGORS: YOUNG RICHARD
BURBANK SHANA
REGION CODE ADDRESS : 301 CANYON FALLS DRIVE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 280,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032047235 MORTGAGORS: YU YONG
PHAN VANESSA
REGION CODE ADDRESS : 661 CHARDONNAY DR
01 CITY : FREMONT
STATE/ZIP : CA 94539
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.30200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,754,800.00
P & I AMT: 11,806.94 UPB AMT: 1,753,622.69
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 124
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047268 MORTGAGORS: PARSONS KEVIN
PARSONS SUZANNE
REGION CODE ADDRESS : 2623-2627 MAHNATTAN AVENUE
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 319,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,338.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,126.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047284 MORTGAGORS: STAFFORD PATRICK
STAFFORD HELEN
REGION CODE ADDRESS : 49 WOODRANCH CIRCLE,
01 CITY : DANVILLE,
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 401,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,701.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.83333
----------------------------------------------------------------------------
0 0032047318 MORTGAGORS: MUNDRA VARSHA
REGION CODE ADDRESS : 272 BARTLETT AVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
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 : 03/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.78700
----------------------------------------------------------------------------
0 0032047326 MORTGAGORS: TORPEY MICHAEL
TORPEY MARGARET
REGION CODE ADDRESS : 33 FAIRWAYS DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.50700
----------------------------------------------------------------------------
0 0032047383 MORTGAGORS: JOW DENNIS
JOW JENNIFER
REGION CODE ADDRESS : 2687 KLAMATH COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,576,600.00
P & I AMT: 10,714.19 UPB AMT: 1,575,902.74
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 125
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047391 MORTGAGORS: JOHNSON BRUCE
JOHNSON PILAR
REGION CODE ADDRESS : 23832 KENSINGTON COURT
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 377,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,290.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047417 MORTGAGORS: JOHNSON ROBERT
JOHNSON CYNTHIA
REGION CODE ADDRESS : 112 LEAFIELD ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,634.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,756.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 51.39100
----------------------------------------------------------------------------
0 0032047425 MORTGAGORS: ARRUDA VLADIMIRO
ARRUDA MARIA
REGION CODE ADDRESS : 3127 MALTON COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 289,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,506.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032047433 MORTGAGORS: SCHMIDT JEFFREY
SCHMIDT KATHLEEN
REGION CODE ADDRESS : 50 DEVONSHIRE COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,056.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047458 MORTGAGORS: ROO PEIN-YUAN
ROO PIA
REGION CODE ADDRESS : 134 INVERNESS WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 307,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,065.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,917.46 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 74.99900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,847,700.00
P & I AMT: 12,145.78 UPB AMT: 1,846,496.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 126
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032047466 MORTGAGORS: SPEAR LARRY
SPEAR LAUREN
REGION CODE ADDRESS : 26085 BIG HORN MOUNTAIN WAY
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,638.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,724.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.09000
----------------------------------------------------------------------------
0 0032047474 MORTGAGORS: HEFFERNAN CHARLES
HEFFERNAN WENDY
REGION CODE ADDRESS : 28128 ANGELICA PLACE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
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 : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032047698 MORTGAGORS: CALLAHAN CARY
CALLAHAN ERIKA
REGION CODE ADDRESS : 14705 TUSTIN STREET
01 CITY : SHERMAN OAKS
STATE/ZIP : CA 91403
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,623.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,680.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032049454 MORTGAGORS: KHAIMSKIY ALEKSANDR
PUTROVA NATALYA
REGION CODE ADDRESS : 412 MILLWOOD DRIVE
01 CITY : MILLBRAE
STATE/ZIP : CA 94030
MORTGAGE AMOUNT : 348,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,950.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,380.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.85800
----------------------------------------------------------------------------
0 0032049645 MORTGAGORS: HWANG STANLEY
PHILLIPSON MARGARET
REGION CODE ADDRESS : 2667 16TH AVENUE
01 CITY : CARMEL
STATE/ZIP : CA 93921
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 : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.28500
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,908,950.00
P & I AMT: 13,013.03 UPB AMT: 1,907,727.84
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 127
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032049660 MORTGAGORS: MORTENSEN ROBERT
MORTENSEN KELLY
REGION CODE ADDRESS : 22100 CORAZZA LANE
01 CITY : WILDOMAR (AREA)
STATE/ZIP : CA 92595
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,328.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
----------------------------------------------------------------------------
0 0032049801 MORTGAGORS: ROSIER RYAN
ROSIER PATRICIA
REGION CODE ADDRESS : 4368 TORREY PINES DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 316,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,187.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98900
----------------------------------------------------------------------------
0 0032049850 MORTGAGORS: QUINTERO MARIO
REGION CODE ADDRESS : 502 LA PRIMAVERA WAY
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,945.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032049900 MORTGAGORS: SCHUBERT STEVEN
SCHUBERT LORI
REGION CODE ADDRESS : 9672 SURFCREST DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 270,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,911.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.01300
----------------------------------------------------------------------------
0 0032049918 MORTGAGORS: PHILLIPS BRYON
PHILLIPS MICHELE
REGION CODE ADDRESS : 17 VALEROSO
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 306,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,186.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.99100
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,434,050.00
P & I AMT: 9,577.97 UPB AMT: 1,433,121.18
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 128
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032049926 MORTGAGORS: YATES JAMES
YATES KATHLEEN
REGION CODE ADDRESS : 19416 RONALD AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.35200
----------------------------------------------------------------------------
0 0032049934 MORTGAGORS: DONG GATE
CHEUNG CHO
REGION CODE ADDRESS : 17555 PAGE COURT
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 375,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,392.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,499.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.93617
----------------------------------------------------------------------------
0 0032050114 MORTGAGORS: HUTTON DANIEL
HUTTON THERESA
REGION CODE ADDRESS : 8774 TOYON COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 83.01880
----------------------------------------------------------------------------
0 0032050148 MORTGAGORS: CRUZ SIMEON
CRUZ MADELON
REGION CODE ADDRESS : 5092 EVERGREEN AVENUE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,773.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,836.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 93.24324
----------------------------------------------------------------------------
0 0032050189 MORTGAGORS: STERN DALE
STERN SHEREE
REGION CODE ADDRESS : 3218 DOGLEG COURT
01 CITY : CAMERON PARK
STATE/ZIP : CA 95682
MORTGAGE AMOUNT : 314,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,248.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 85.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,495,200.00
P & I AMT: 9,996.36 UPB AMT: 1,494,197.91
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 129
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032050247 MORTGAGORS: SILVER JAMES
KRETSCH CINDY
REGION CODE ADDRESS : 2245 TAHITI DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,714.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,233.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032051393 MORTGAGORS: WEEKS PHILLIP
WEEKS MARY
REGION CODE ADDRESS : 5001 ATHENS DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.38400
----------------------------------------------------------------------------
0 0032051500 MORTGAGORS: WEST LAWRENCE
WEST NANCY
REGION CODE ADDRESS : 341 CABOT COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,782.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.60200
----------------------------------------------------------------------------
0 0032051658 MORTGAGORS: QUANE MICHAEL
QUANE DANA
REGION CODE ADDRESS : 852-854 SHELDON STREET
01 CITY : EL SEGUNDO
STATE/ZIP : CA 90245
MORTGAGE AMOUNT : 393,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,686.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032051708 MORTGAGORS: DIXIT ARUN
PANDEY PABAN
REGION CODE ADDRESS : 24 CALI COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 327,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,281.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.98600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,666,300.00
P & I AMT: 11,095.45 UPB AMT: 1,665,528.64
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 130
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032051732 MORTGAGORS: GUERRERO MICHELLE
GUERRERO NAPOLEON
REGION CODE ADDRESS : 1812 MIRABELLA DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,353.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,928.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032051948 MORTGAGORS: DAVIS MAURICE
DAVIS WINONA
REGION CODE ADDRESS : 16250 BROOKE ACRES DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,672.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,969.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 31.85100
----------------------------------------------------------------------------
0 0032051989 MORTGAGORS: SMITH TIMOTHY
SMITH BRENDA
REGION CODE ADDRESS : 1397 QUAIL LANE
01 CITY : BREA
STATE/ZIP : CA 92821
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 : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032052367 MORTGAGORS: FANUCCI ROBERT
FANUCCI LEILA
REGION CODE ADDRESS : 1636 SCOTT STREET
01 CITY : ST. HELENA
STATE/ZIP : CA 94574
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,590.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.42850
----------------------------------------------------------------------------
0 0032052458 MORTGAGORS: MAYO GAIL
KAPLAN SHERWIN
REGION CODE ADDRESS : 103 CARBONERA COURT
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,919.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,366.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,874,800.00
P & I AMT: 12,587.17 UPB AMT: 1,873,289.54
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 131
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032052490 MORTGAGORS: SMITH RILEY
SMITH MELISSA
REGION CODE ADDRESS : 311 TOWNSEND DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,760.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.77000
----------------------------------------------------------------------------
0 0032052565 MORTGAGORS: ACOSTA DONALD
ACOSTA LINDA
REGION CODE ADDRESS : 3425 CLOVER OAK DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,632.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,976.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/24
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.29400
----------------------------------------------------------------------------
0 0032052698 MORTGAGORS: BOGUE DEREK
BOGUE BETH
REGION CODE ADDRESS : 9172 JOSHUA LANE
01 CITY : YUCCA VALLEY
STATE/ZIP : CA 92284
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,688.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
----------------------------------------------------------------------------
0 0032052839 MORTGAGORS: MATSUDA TORU
MATSUDA SELINA
REGION CODE ADDRESS : 2074 CALABAZAS BOULEVARD
01 CITY : SANTA CLARA,
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 288,353.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,122.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.19800
----------------------------------------------------------------------------
0 0032053001 MORTGAGORS: GRONSKI ROBERT
GRONKSKI JUDITH
REGION CODE ADDRESS : 12 BROOKSIDE COURT
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,560.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.45900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,642,853.00
P & I AMT: 11,047.78 UPB AMT: 1,641,576.24
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 132
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032053415 MORTGAGORS: ARMENTA RICHARD
BAILEY SUSAN
REGION CODE ADDRESS : 5972 FOX FIELD LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032053597 MORTGAGORS: HOFFMAN BRADLEY
HOFFMAN LIESE
REGION CODE ADDRESS : 116 NORTH VISTA STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,704.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,492.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.47600
----------------------------------------------------------------------------
0 0032054017 MORTGAGORS: POTTER DAVID
POTTER SUSAN
REGION CODE ADDRESS : 3680 BOISE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 266,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,981.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,771.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.56600
----------------------------------------------------------------------------
0 0032054058 MORTGAGORS: TSIKMAN VLADIMIR
TSIKMAN POLINA
REGION CODE ADDRESS : 255-257 SOUTH MANSFIELD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 494,604.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,334.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032054066 MORTGAGORS: ASHBY KIMBALL
REGION CODE ADDRESS : 1035 SOUTH RIDGE DRIVE
01 CITY : FALLBROOK AREA
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 249,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,345.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 81.81900
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,728,750.00
P & I AMT: 11,603.53 UPB AMT: 1,727,635.50
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 133
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032054116 MORTGAGORS: ALVAREZ FILBERTO
REGION CODE ADDRESS : 1145 HENDERSON AVENUE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 140,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 139,834.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,088.91 OUTSIDE CONV DATE :
LIFETIME RATE : 8.62500 MATURITY DATE : 02/01/29
CURRENT INT RATE: 8.62500 PRODUCT CODE : 250
LTV : 70.00000
----------------------------------------------------------------------------
0 0032054488 MORTGAGORS: MANN MICHAEL
MANN KARRIE
REGION CODE ADDRESS : 1837 5TH STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.68100
----------------------------------------------------------------------------
0 0032054512 MORTGAGORS: PLETCHER DALE
PLETCHER LESLI
REGION CODE ADDRESS : 6 LATHAM LANE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,649.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,847.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032054546 MORTGAGORS: WORTHINGTON STEVEN
PAUTZ DOROTHY
REGION CODE ADDRESS : 237 GRATTAN STREET
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94117
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 : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.05400
----------------------------------------------------------------------------
0 0032054645 MORTGAGORS: BOTTEGONI LYDIA
REGION CODE ADDRESS : 167 NORTH MARTEL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,748.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,798,000.00
P & I AMT: 12,228.99 UPB AMT: 1,796,920.12
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 134
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032054686 MORTGAGORS: ACOSTA DONALD
ACOSTA LINDA
REGION CODE ADDRESS : 17865 EAST LANE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 313,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,361.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,165.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 59.73333
----------------------------------------------------------------------------
0 0032054793 MORTGAGORS: CURTIS DOUGLAS
CURTIS CAROL
REGION CODE ADDRESS : 28182 REY DE COPAS LANE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032054827 MORTGAGORS: GARDNER THOMAS
GARDNER KATHLEEN
REGION CODE ADDRESS : 21120 SERENE WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 632,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 632,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,257.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.45400
----------------------------------------------------------------------------
0 0032054850 MORTGAGORS: GOODSTEIN PAUL
GOODSTEIN KRISTIE
REGION CODE ADDRESS : 5525 BUFFALO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91401
MORTGAGE AMOUNT : 211,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 211,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,425.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032055030 MORTGAGORS: SMALL GARY
REGION CODE ADDRESS : 9742 KIRKSIDE ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 50.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,734,200.00
P & I AMT: 11,682.25 UPB AMT: 1,733,961.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 135
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032055303 MORTGAGORS: SILVA PAUL
DRURY-SILVA VIOLET
REGION CODE ADDRESS : 244 MOOSEHEAD DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 151,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 151,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,044.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032057317 MORTGAGORS: LEWIS CHARLES
LEWIS KAREN
REGION CODE ADDRESS : 1147 CALLE AMAPOLA
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.50000
----------------------------------------------------------------------------
0 0032057333 MORTGAGORS: MANERI MICHAEL
REGION CODE ADDRESS : 3408 EAST 2ND STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 259,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.76900
----------------------------------------------------------------------------
0 0032057481 MORTGAGORS: BROWN OLIVER
BROWN DEBRA
REGION CODE ADDRESS : 609 HOWARD AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 366,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.95700
----------------------------------------------------------------------------
0 0032057531 MORTGAGORS: MOLINARO JEFF
REGION CODE ADDRESS : 105 NANNA COURT
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,412.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,566,850.00
P & I AMT: 10,695.92 UPB AMT: 1,566,850.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 136
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032057606 MORTGAGORS: OLIVAREZ SERGIO
OLIVAREZ ELIZABETH
REGION CODE ADDRESS : 757 MARTINELLI STREET
01 CITY : WATSONVILLE,
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032057648 MORTGAGORS: MEEK BRIAN
MEEK RACHEL
REGION CODE ADDRESS : 1285 MOUNTAIN VIEW BOULEVARD
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,909.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,724.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.68400
----------------------------------------------------------------------------
0 0032057671 MORTGAGORS: NOMURA HARRY
NOMURA ANNA
REGION CODE ADDRESS : 2 MANZANITA AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 645,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 643,365.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,237.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 01/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0032058190 MORTGAGORS: WAGNER JANET
REGION CODE ADDRESS : 20239 INLAND LANE
01 CITY : MALIBU
STATE/ZIP : CA 90265
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 47.43500
----------------------------------------------------------------------------
0 0032058307 MORTGAGORS: TAYLOR ROBIN
REGION CODE ADDRESS : 1423 PARKVIEW COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 260,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.78800
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,947,500.00
P & I AMT: 12,939.01 UPB AMT: 1,944,774.10
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 137
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0032059032 MORTGAGORS: HOPPS WILLIAM
REGION CODE ADDRESS : 101 OLIVE STREET
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 412,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,816.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0032059164 MORTGAGORS: SEHR JAMES
SHER DENA
REGION CODE ADDRESS : 9050 MOONEY ROAD
01 CITY : ELK GROVE
STATE/ZIP : CA 95624
MORTGAGE AMOUNT : 479,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,626.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,267.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.83300
----------------------------------------------------------------------------
0 0032059313 MORTGAGORS: WEISBERG LOUIS
WEISBERG OLIVIA
REGION CODE ADDRESS : 10564 LINDBROOK DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
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 : 04/01/29
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.72549
----------------------------------------------------------------------------
0 0032060139 MORTGAGORS: SPARRE PETER
SPARRE ELISABETH
REGION CODE ADDRESS : 1443 TENEIGHTH WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,721.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.52100
----------------------------------------------------------------------------
0 0032060147 MORTGAGORS: SAUNAR DIANE
REGION CODE ADDRESS : 6374 SAINT THERESE WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92120
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,746.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.23200
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,191,800.00
P & I AMT: 15,068.81 UPB AMT: 2,190,894.31
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 138
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070166459 MORTGAGORS: POTESTIO BRADFORD
POTESTIO DIANN
REGION CODE ADDRESS : 325 LAKEVIEW PLACE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 543,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 538,192.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,798.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070191549 MORTGAGORS: BRADLEY DENNIS
REGION CODE ADDRESS : 3089 ADAMS WAY
01 CITY : Santa Clara
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 227,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 225,422.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,647.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 250
LTV : 73.53000
----------------------------------------------------------------------------
0 0070208889 MORTGAGORS: STINE RODNEY
STINE CAROL
REGION CODE ADDRESS : 2680 KADEMA DRIVE
01 CITY : Sacramento
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,925.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,552.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 78.49000
----------------------------------------------------------------------------
0 0070220603 MORTGAGORS: FELDMAN RAYMOND
FELDMAN JENNIFER
REGION CODE ADDRESS : 2306 CHERYL PLACE
01 CITY : Los Angeles
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 608,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 602,878.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,251.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070293766 MORTGAGORS: BAYLESS THOMAS
REGION CODE ADDRESS : 912 I AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 406,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,596.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,873.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 64.96000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,149,400.00
P & I AMT: 15,122.48 UPB AMT: 2,132,015.32
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 139
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070300769 MORTGAGORS: SIMON DAVID
BREMER SIMON CAROL
REGION CODE ADDRESS : 2 GRENADA COURT
01 CITY : MANHATTAN B
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,656.38 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 : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070319769 MORTGAGORS: BROWN DUANE
REGION CODE ADDRESS : 3503 SEASHORE DRIVE
01 CITY : NEWPORT BEA
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 452,027.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,065.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 250
LTV : 50.55556
----------------------------------------------------------------------------
0 0070479480 MORTGAGORS: GREENE JEROME
GREENE MARIA
REGION CODE ADDRESS : 13609 GROSSE POINTE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 280,123.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,123.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.69273
----------------------------------------------------------------------------
0 0070592878 MORTGAGORS: BAUTISTA FLOR
BAUTISTA DIANITA
REGION CODE ADDRESS : 104 SONJA ROAD
01 CITY : SOUTH SAN F
STATE/ZIP : CA 94080
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 : 04/01/29
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.78261
----------------------------------------------------------------------------
0 0070614938 MORTGAGORS: WATKINS RANDOLPH
REGION CODE ADDRESS : 1047 SUNDANCE DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,733.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.84615
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,759,123.00
P & I AMT: 12,143.25 UPB AMT: 1,753,540.98
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 140
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070617360 MORTGAGORS: NESMITH HENRY
NESMITH SUSAN
REGION CODE ADDRESS : 13801 TEMPLETON PLACE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,956.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 30.00000
----------------------------------------------------------------------------
0 0070621115 MORTGAGORS: WINSOR ERNEST
WINSOR MARION
REGION CODE ADDRESS : 15 JINGLE LANE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 239,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,530.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 41.56522
----------------------------------------------------------------------------
0 0070621594 MORTGAGORS: CAIRNS PETER
CAIRNS DIANE
REGION CODE ADDRESS : 905 ELM STREET
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,798.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,576.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 03/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.15789
----------------------------------------------------------------------------
0 0070623400 MORTGAGORS: WELSH WILLIAM
WELSH MARY
REGION CODE ADDRESS : 12432 CIRCULA PANORAMA
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 284,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.76316
----------------------------------------------------------------------------
0 0070636923 MORTGAGORS: BOCK MARK
BOCK BRANDEE
REGION CODE ADDRESS : 27518 WELLINGTON COURT
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 235,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,548.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.03226
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,448,800.00
P & I AMT: 9,525.56 UPB AMT: 1,448,598.37
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 141
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070651450 MORTGAGORS: SHREVE CHARLES
SWARTZ CAROLE
REGION CODE ADDRESS : 56 FAIRWAY DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94558
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,596.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.58824
----------------------------------------------------------------------------
0 0070663745 MORTGAGORS: BAY RICHARD
BAY PATRICIA
REGION CODE ADDRESS : 8309 MUSCAT COURT
01 CITY : REDDING
STATE/ZIP : CA 96001
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.75000
----------------------------------------------------------------------------
0 0070664644 MORTGAGORS: SMITH STUART
SMITH CHRISTINE
REGION CODE ADDRESS : 1109 HUNTINGTON STREET
01 CITY : HUNTINGTON
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 275,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/24
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070665328 MORTGAGORS: LAWLOR STEPHEN
LAWLOR JOANNE
REGION CODE ADDRESS : 8512 OAK CREEK COURT
01 CITY : OAKDALE
STATE/ZIP : CA 95361
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 59.78261
----------------------------------------------------------------------------
0 0070667548 MORTGAGORS: SCHOENNAUER GARY
SCHOENNAUER LAURA
REGION CODE ADDRESS : 522 QUAILBROOK COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95110
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,602.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,329,200.00
P & I AMT: 9,030.80 UPB AMT: 1,329,200.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 142
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070668801 MORTGAGORS: JOSLEN JERRY
JOSLEN ETSUKO
REGION CODE ADDRESS : 1240 ACADEMY AVENUE
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 320,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,157.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.48837
----------------------------------------------------------------------------
0 0070685003 MORTGAGORS: ZIMMERMAN DAVID
REGION CODE ADDRESS : 85 BLUE LAGOON VILLA
01 CITY : LAGUNA BEAC
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070688718 MORTGAGORS: BROIDA ERIC
REGION CODE ADDRESS : 18262 COASTLINE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 622,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 622,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,139.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.48947
----------------------------------------------------------------------------
0 0070693320 MORTGAGORS: LITTLE MARK
LOUIE STACY
REGION CODE ADDRESS : 721 BELL RUSSELL WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95831
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.62963
----------------------------------------------------------------------------
0 0070704093 MORTGAGORS: MILDER JOSEPH
MILDER SUSAN
REGION CODE ADDRESS : 4120 REINHARDT DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94619
MORTGAGE AMOUNT : 197,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 197,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,344.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.81356
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,858,550.00
P & I AMT: 12,431.01 UPB AMT: 1,858,550.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 143
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070704754 MORTGAGORS: SPRENGER DAVID
SPRENGER GAIL
REGION CODE ADDRESS : 2043 VIA SOLONA
01 CITY : SAN CLEMENT
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0070709126 MORTGAGORS: KOLESZAR ALEXANDER
REGION CODE ADDRESS : 8960 CYNTHIA STREET
01 CITY : WEST HOLLYW
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 69,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 69,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 439.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 39.71429
----------------------------------------------------------------------------
0 0070712765 MORTGAGORS: GIBSON ROBERT
REGION CODE ADDRESS : 14 AMORET DRIVE
01 CITY : IRVINE
STATE/ZIP : CA 92602
MORTGAGE AMOUNT : 279,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.98957
----------------------------------------------------------------------------
0 0070713516 MORTGAGORS: DEPASQUALE FRANK
DEPASQUALE ELAINE
REGION CODE ADDRESS : 20 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 275,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.41192
----------------------------------------------------------------------------
0 0070714985 MORTGAGORS: BURG JEROME
BURG BARBARA
REGION CODE ADDRESS : 110 HEARTLAND STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 227,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,476.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 36.88817
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,112,200.00
P & I AMT: 7,268.62 UPB AMT: 1,112,200.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 144
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070716295 MORTGAGORS: TADJBAKHSH GHOLAMREZA
TADJBAKHSH FATEMEH
REGION CODE ADDRESS : 19191 EDGEHILL DRIVE
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 31.16883
----------------------------------------------------------------------------
0 0070721386 MORTGAGORS: HAUKSSON EGILL
JONES LUCILE
REGION CODE ADDRESS : 5830 BRIARTREE DRIVE
01 CITY : LA CANADA
STATE/ZIP : CA 91011
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 : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.17073
----------------------------------------------------------------------------
0 0070723408 MORTGAGORS: FRENCH PETER
FRENCH KELLYE
REGION CODE ADDRESS : 19 SURREY COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,309.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070730312 MORTGAGORS: FINNEGAN RICHARD
FINNEGAN NANCY
REGION CODE ADDRESS : 1460 FOXENWOOD DRIVE
01 CITY : SANTA MARIA
STATE/ZIP : CA 93455
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070737697 MORTGAGORS: JENSEN LAWRENCE
JENSEN MARGARET
REGION CODE ADDRESS : 2183 WARMOUTH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90732
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.42857
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,004,000.00
P & I AMT: 13,339.78 UPB AMT: 2,004,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 145
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070740030 MORTGAGORS: BUCKLES BILLY
BUCKLES MARGARET
REGION CODE ADDRESS : 13149 ELIZABETH LAKE RD
01 CITY : LEONA VALLE
STATE/ZIP : CA 93551
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070741129 MORTGAGORS: OCAMPO PETER
OCAMPO JANETTE
REGION CODE ADDRESS : 517 EL REDONDO AVE
01 CITY : REDONDO BEA
STATE/ZIP : CA 90277
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 : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.00000
----------------------------------------------------------------------------
0 0070741269 MORTGAGORS: KLEIN ALAN
REGION CODE ADDRESS : 5703 WEST OLYMPIC BLVD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,807.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.62264
----------------------------------------------------------------------------
0 0070741764 MORTGAGORS: BROWN CHRIS
BROWN SHELLY
REGION CODE ADDRESS : 76 RANCHERO ROAD
01 CITY : BELL CANYON
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,315.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070741905 MORTGAGORS: SHAW GREGORY
REGION CODE ADDRESS : 1601 N FULLER AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 212,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 212,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,428.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.69925
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,727,000.00
P & I AMT: 11,656.76 UPB AMT: 1,727,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 146
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070744537 MORTGAGORS: ROBB THOMAS
ROBB DONNA
REGION CODE ADDRESS : 3736 AVENUE SAUSALITO
01 CITY : IRVINE
STATE/ZIP : CA 92714
MORTGAGE AMOUNT : 238,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,566.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070746078 MORTGAGORS: PENG WEN
CHANG TINGLING
REGION CODE ADDRESS : 10460 KINNARD AVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 462,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 462,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,035.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
----------------------------------------------------------------------------
0 0070746128 MORTGAGORS: GEBER MICHAEL
REGION CODE ADDRESS : 329 CAMINO DE LAS COLINAS
01 CITY : TORRANCE
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 496,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 496,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,425.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
0 0070747795 MORTGAGORS: BRUSS JEFFREY
BRUSS SANDRA
REGION CODE ADDRESS : 10 RAINSTAR
01 CITY : IRVINE
STATE/ZIP : CA 92614
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.14286
----------------------------------------------------------------------------
0 0070748595 MORTGAGORS: BORGES LISA
REGION CODE ADDRESS : 31 33 33 1/2 S VENICE BLVD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,431.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,953,500.00
P & I AMT: 13,221.53 UPB AMT: 1,953,500.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 147
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070749734 MORTGAGORS: ROBE LYLE
ROBE LYNETTE
REGION CODE ADDRESS : 11968 LOCKRIDGE ROAD
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,000,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,906.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 68.25939
----------------------------------------------------------------------------
0 0070750476 MORTGAGORS: BOWEN JOHN
CROWLEY JAMIE
REGION CODE ADDRESS : 4234 SADDLECREST LANE
01 CITY : WESTLAKE VI
STATE/ZIP : CA 91361
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 : 04/01/29
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 48.64865
----------------------------------------------------------------------------
0 0070751193 MORTGAGORS: SCHWARTZ MICHAEL
SCHWARTZ DENISE
REGION CODE ADDRESS : 1609 VIA MACHADO
01 CITY : PALOS VERDE
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 440,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.76812
----------------------------------------------------------------------------
0 0070754627 MORTGAGORS: KAUFMAN BENNETT
KAUFMAN KAREN
REGION CODE ADDRESS : 5144 WOODLEY AVENUE
01 CITY : ENCINO
STATE/ZIP : CA 91436
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.96491
----------------------------------------------------------------------------
0 0070755202 MORTGAGORS: LANG JENNINGS
REGION CODE ADDRESS : 8634 OAK PARK AVENUE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 231,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 2,440,000.00
P & I AMT: 16,711.58 UPB AMT: 2,440,000.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 148
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070761598 MORTGAGORS: PEREZ JOHN
GORHAM JANELL
REGION CODE ADDRESS : 2309 ELM AVENUE
01 CITY : MANHATTAN B
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 508,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 508,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,379.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.37500
----------------------------------------------------------------------------
0 0070768304 MORTGAGORS: TURMAN ALFRED
TURMAN CHRISTINA
REGION CODE ADDRESS : 21656 W ROSE CANYON LN
01 CITY : SANTA CLARI
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 343,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.97500
----------------------------------------------------------------------------
0 0070773940 MORTGAGORS: KARAN HASHAM
KARAN KAUSAR
REGION CODE ADDRESS : 13116 POINT REYES PLACE
01 CITY : CERRITOS
STATE/ZIP : CA 90703
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 : 04/01/29
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.34316
----------------------------------------------------------------------------
0 0070775069 MORTGAGORS: GORDON JOHN
GORDON JUDITH
REGION CODE ADDRESS : 412 16TH STREET
01 CITY : HUNTINGTON
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 04/01/29
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0070775556 MORTGAGORS: BROWN JEFFERY
BROWN CYNTHIA
REGION CODE ADDRESS : 1278 CORDELIA AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
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 : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.27586
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,796,100.00
P & I AMT: 12,012.43 UPB AMT: 1,796,100.00
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 04/01/99
P.O. BOX 5260 TMS AG0004990730 00 01 02 03
PAGE: 149
CHERRY HILL, N.J. 08034
(800) 257-7818
0 ----------------------------------------------------------------------------
0 0070786389 MORTGAGORS: GALINDO GEOFFREY
GALINDO JOAN
REGION CODE ADDRESS : 2155 SUNSET DRIVE
01 CITY : ESCONDIDO
STATE/ZIP : CA 92025
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 04/01/29
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 1 LOAN AMT: 320,000.00
P & I AMT: 2,102.17 UPB AMT: 320,000.00
0 TOTAL NUM OF LOANS: 741 LOAN AMT: 253,191,652.25
P & I AMT: 1,715,706.32 UPB AMT: 252,364,834.85
<PAGE>
EXHIBIT D
FORM OF SERVICER'S CERTIFICATE
----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Mortgage Pass-Through Certificates,
Series 1999-6
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999
(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 Pool 1 Pool 2
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 Pool 1 Pool 2
received in the applicable Prepayment ---------- ----------
Period:
(a) Principal $_________ $_________
(b) Interest $_________ $_________
(c) Total $_________ $_________
(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
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: $_________ $_________
(14) Accrued Certificate Interest, Unpaid
Class Interest Shortfalls and Pay-out
Rate:
Class 1-A1 $__________ $__________ ____%
Class 1-A2 $__________ $__________ ____%
Class 1-A3 $__________ $__________ ____%
Class 1-A4 $__________ $__________ ____%
Class 1-A5 $__________ $__________ ____%
Class 1-A6 $__________ $__________ ____%
Class 1-A7 $__________ $__________ ____%
Class 1-A8 $__________ $__________ ____%
Class 1-A9 $__________ $__________ ____%
Class 1-A10 $__________ $__________ ____%
Class 1-A12 $__________ $__________ ____%
Class 2-A1 $__________ $__________ ____%
Class 2-A2 $__________ $__________ ____%
Class 2-A3 $__________ $__________ ____%
Class 2-A4 $__________ $__________ ____%
Class 2-A5 $__________ $__________ ____%
Class 2-A6 $__________ $__________ ____%
Class M $__________ $__________ ____%
Class B1 $__________ $__________ ____%
Class B2 $__________ $__________ ____%
Class B3 $__________ $__________ ____%
Class B4 $__________ $__________ ____%
Class B5 $__________ $__________ ____%
Class R-RL $__________ $__________ ____%
Class S $__________ $__________ ____%
(15) Accrual amount:
Class 1-A5C $__________
Class 1-A6 $__________
(16) Principal distributable:
Class 1-A1 $__________
Class 1-A2 $__________
Class 1-A3 $__________
Class 1-A4 $__________
Class 1-A5 $__________
Class 1-A6 $__________
Class 1-A7 $__________
Class 1-A8 $__________
Class 1-A9 $__________
Class 1-A10 $__________
Class 1-A11 $__________
Class 1-A12 $__________
Class 2-A1 $__________
Class 2-A2 $__________
Class 2-A3 $__________
Class 2-A5 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R-RL $__________
(17) Additional distributions to the Class R-RL
Certificates pursuant to Sections 2.05(d) and
4.01(b):
Class R-RL $__________
(18) Certificate Interest Rate of:
Class 1-A5
Certificates __________%
Class S
Certificates __________%
(19) Distributions Allocable to Unanticipated Recoveries:
Class 1-A1 $__________
Class 1-A2 $__________
Class 1-A3 $__________
Class 1-A4 $__________
Class 1-A5 $__________
Class 1-A6 $__________
Class 1-A7 $__________
Class 1-A8 $__________
Class 1-A9 $__________
Class 1-A10 $__________
Class 1-A11 $__________
Class 1-A12 $__________
Class 2-A1 $__________
Class 2-A2 $__________
Class 2-A3 $__________
Class 2-A5 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R-RL $__________
<TABLE>
<CAPTION>
B. Other Amounts:
<S> <C> <C> <C>
1. Senior Percentage for Pool 1 for such Distribution Date: _____________%
2. Senior Percentage for Pool 2 for such Distribution Date: _____________%
3. Senior Prepayment Percentage for Pool 1 for such Distribution
Date: _____________%
4. Senior Prepayment Percentage for Pool 2 for such Distribution
Date: _____________%
5. Junior Percentage for Pool 1 for such Distribution Date: _____________%
6. Junior Percentage for Pool 2 for such Distribution Date: _____________%
7. Junior Prepayment Percentage for Pool 1 for such Distribution
Date: _____________%
8. Junior Prepayment Percentage for Pool 2 for such Distribution
Date: _____________%
9. Class 2-A5 Percentage for such Distribution Date: _____________%
10. Class 2-A5 Scheduled Distribution Percentage for such
Distribution Date: _____________%
11. Class 2-A5 Prepayment Distribution Percentage for such
Distribution Date: _____________%
12. Subordinate Component Writedown Amount for Pool 1 for such
Distribution Date: $_____________
13. Subordinate Component Writedown Amount for Pool 2 for such
Distribution Date: $_____________
14. Prepayment Distribution Triggers satisfied for
Pool 1: Yes No
Class 1-B1 Component _____ _____
Class 1-B2 Component _____ _____
Class 1-B3 Component _____ _____
Class 1-B4 Component _____ _____
Class 1-B5 Component _____ _____
15. Prepayment Distribution Triggers satisfied for
Pool 2: Yes No
Class 2-B1 Component _____ _____
Class 2-B2 Component _____ _____
Class 2-B3 Component _____ _____
Class 2-B4 Component _____ _____
Class 2-B5 Component _____ _____
16. Servicing Fee: $_____________
</TABLE>
Capitalized terms used in this Certificate shall have the same meanings as
in the Agreement.
<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 of
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 April 1,
1999, 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")
or a Person that is using the assets of a 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
and the Company 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" 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 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:
<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-RL
Certificate" of GE Capital Mortgage Services, Inc.'s REMIC Mortgage Pass-Through
Certificates, Series 1999-6.
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.
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
April 1, 1999, 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
(i) a citizen or resident of the United States; (ii) a corporation (or entity
treated as a corporation for tax purposes) created or organized in the United
States or under the laws of the United States or of any state thereof,
including, for this purpose, the District of Columbia; (iii) a partnership (or
entity treated as a partnership for tax purposes) organized in the United States
or under the laws of the United States or of any state thereof, including, for
this purpose, the District of Columbia (unless provided otherwise by future
Treasury regulations); (iv) an estate whose income is includible in gross income
for United States income tax purposes regardless of its source; or (v) a trust,
if 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 authority to
control all substantial decisions of the trust. Notwithstanding the last clause
of the preceding sentence, to the extent provided in Treasury regulations,
certain trusts in existence on August 20, 1996, and treated as U.S. Persons
prior to such date, may elect to continue to be U.S. Persons.
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 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 and Lower Tier
REMIC, pursuant to the Pooling and Servicing Agreement.
<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__.
<PAGE>
42104
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 Mortgage Pass-Through
Certificates, Series 1999-6
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 Mortgage Pass Through
Certificates, Series 1999-6
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 April 1, 1999
(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.
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.]
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:
<PAGE>
42104
J-6
42104
EXHIBIT J
FORM OF DISTRIBUTION DATE STATEMENT
-----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Mortgage Pass-Through Certificates,
Series 1999-6
Pursuant to the Pooling and Servicing Agreement dated as of April 1, 1999
(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 1-A1 $__________
Class 1-A2 $__________
Class 1-A3 $__________
Class 1-A4 $__________
Class 1-A5 $__________
Class 1-A6 $__________
Class 1-A7 $__________
Class 1-A8 $__________
Class 1-A9 $__________
Class 1-A10 $__________
Class 1-A11 $__________
Class 1-A12 $__________
Class 2-A1 $__________
Class 2-A2 $__________
Class 2-A3 $__________
Class 2-A5 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R-RL $__________
(2) Aggregate principal prepayments included in distribution:
Class 1-A1 $__________
Class 1-A2 $__________
Class 1-A3 $__________
Class 1-A4 $__________
Class 1-A5 $__________
Class 1-A6 $__________
Class 1-A7 $__________
Class 1-A8 $__________
Class 1-A9 $__________
Class 1-A10 $__________
Class 1-A11 $__________
Class 1-A12 $__________
Class 2-A1 $__________
Class 2-A2 $__________
Class 2-A3 $__________
Class 2-A5 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R-RL $__________
(3) Amount of distribution allocable to interest; Pay-out Rate:
Class 1-A1 $__________ ____%
Class 1-A2 $__________ ____%
Class 1-A3 $__________ ____%
Class 1-A4 $__________ ____%
Class 1-A5 $__________ ____%
Class 1-A6 $__________ ____%
Class 1-A7 $__________ ____%
Class 1-A8 $__________ ____%
Class 1-A9 $__________ ____%
Class 1-A10 $__________ ____%
Class 1-A12 $__________ ____%
Class 2-A1 $__________ ____%
Class 2-A2 $__________ ____%
Class 2-A3 $__________ ____%
Class 2-A4 $__________ ____%
Class 2-A5 $__________ ____%
Class 2-A6 $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R-RL $__________ ____%
Class S $__________ ____%
(4) Accrual Amount:
Class 1-A5C $__________
Class 1-A6 $__________
(5) Amount of distribution allocable to Unanticipated
Recoveries:
Class 1-A1 $__________ ____%
Class 1-A2 $__________ ____%
Class 1-A3 $__________ ____%
Class 1-A4 $__________ ____%
Class 1-A5 $__________ ____%
Class 1-A6 $__________ ____%
Class 1-A7 $__________ ____%
Class 1-A8 $__________ ____%
Class 1-A9 $__________ ____%
Class 1-A10 $__________ ____%
Class 1-A11 $__________ ____%
Class 1-A12 $__________ ____%
Class 2-A1 $__________ ____%
Class 2-A2 $__________ ____%
Class 2-A3 $__________ ____%
Class 2-A5 $__________ ____%
Class PO $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R-RL $__________ ____%
(6) Servicing Compensation: $__________
The amounts below are for the aggregate of all Certificates:
(7) Pool Scheduled Principal Balance; number of Mortgage
Loans: $__________ __________
(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:
<TABLE>
<CAPTION>
Single
Certificate
Class Balance Balance
----- ------- -------
<S> <C> <C> <C>
Class 1-A1 $__________ $__________
Class 1-A2 $__________ $__________
Class 1-A3 $__________ $__________
Class 1-A4 $__________ $__________
Class 1-A5 $__________ $__________
Class 1-A6 $__________ $__________
Class 1-A7 $__________ $__________
Class 1-A8 $__________ $__________
Class 1-A9 $__________ $__________
Class 1-A10 $__________ $__________
Class 1-A11 $__________ $__________
Class 1-A12 $__________ $__________
Class 2-A1 $__________ $__________
Class 2-A2 $__________ $__________
Class 2-A3 $__________ $__________
Class 2-A4 $__________ $__________
Class 2-A5 $__________ $__________
Class 2-A6 $__________ $__________
Class PO $__________ $__________
Class M $__________ $__________
Class B1 $__________ $__________
Class B2 $__________ $__________
Class B3 $__________ $__________
Class B4 $__________ $__________
Class B5 $__________ $__________
Class R-RL $__________ $__________
Class S $__________ $__________
(9) Book value of real estate acquired on behalf of
Certificateholders; 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) Certificate Interest Rate of:
Class 1-A5 Certificate: __________%
Class S Certificate: __________%
(13) Senior Percentage for Pool 1 for such Distribution
Date: __________%
(14) Senior Percentage for Pool 2 for such Distribution
Date: __________%
(15) Senior Prepayment Percentage for Pool 1 for such
Distribution Date: __________%
(16) Senior Prepayment Percentage for Pool 2 for such
Distribution Date: __________%
(17) Class 2-A5 Percentage for such Distribution Date: __________%
(18) Class 2-A5 Scheduled Distribution Percentage for such
Distribution Date: __________%
(17) Class 2-A5 Prepayment Distribution Percentage for
such Distribution Date: __________%
(18) Junior Percentage for Pool 1 for such Distribution
Date: __________%
(18) Junior Percentage for Pool 2 for such Distribution
Date: __________%
(19) Junior Prepayment Percentage for Pool 1 for such
Distribution Date: __________%
(19) Junior Prepayment Percentage for Pool 2 for such
Distribution Date: __________%
</TABLE>
Capitalized terms used in this Statement shall have the same meanings as in
the Agreement.
<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 Mortgage Pass-Through Certificates, Series 1999-6,
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 April 1, 1999 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 Mortgage Pass-Through
Certificates, Series 1999-6, 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 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 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 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 at 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 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 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 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 Exemption) of the Trustee, provided that
the contents of any such notification shall be kept confidential by the parties
to this Agreement.
Section 2.06. Limitation of Rights as to Mortgage Pool. Notwithstanding
anything to the contrary, no rights shall accrue to the Purchaser in respect of
any Mortgage Loan, nor shall the Purchaser be entitled to any notice provisions
hereof in respect of such Mortgage Loan, to the extent that the Component
Principal Balance of the Component of the Class B_ Certificates relating to the
Mortgage Pool that includes such Mortgage Loan has been reduced to zero.
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 Mortgage Pass-Through Certificates 1999-6
[Pool 1] [Pool 2] Collateral Fund, for the benefit of GE Capital Mortgage
Services, Inc. and State Street Bank and Trust Company on behalf of Holders of
Certificates of the related Certificate Group, as secured parties" (the
"Collateral Fund"). A separate Collateral Fund shall be established for each
Mortgage Pool and references herein to the Collateral Fund shall be deemed
references to the applicable fund or funds. 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 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 related 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
related 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.
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:______________________
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.
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.]
<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:
<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 Mortgage Pass-Through Certificates, Series [____] ("Agreement").
Such Mortgage Loan constitutes a Designated Loan [with respect to Pool __].
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 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)
<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]
<PAGE>
EXHIBIT M
SCHEDULED OF DESIGNATED LOANS
SERIES 1999-06
LOAN NO. ORIGINAL PRINCIPLE BALANCE BORROWER NAME
- -------- -------------------------- -------------
70584859 $ 375,000.00 Steinberg
31946064 $ 270,000.00 Barancho
<PAGE>
EXHIBIT N
SCHEDULE OF PLEDGED ASSET MORTGAGE LOANS
<PAGE>
EXHIBIT O-1
SENIOR PRINCIPAL PRIORITIES (POOL 1)
third, to the classes of Pool 1 Senior Certificates entitled to principal
distributions and the Class PO Certificates in respect of the Class 1-PO
Component, in reduction of the aggregate Class Certificate Principal Balances or
Component Principal Balance thereof, to the extent of remaining Available Funds
in respect of Pool 1, concurrently, as follows:
(1) to the Class 1-Al through Class l-A12 Certificates and the Residual
Certificates, the Senior Optimal Principal Amount in respect of Pool 1 for such
Distribution Date, in the following order of priority:
(a) to the Residual Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(b) to the Class 1-Al through Class l-A12 Certificates, concurrently, as
follows:
(I) approximately 0.6969418193% of the amount distributable under this
clause (1) (b) to the Class 1-A12 Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(II) approximately 99.3030581807% of the amount distributable under this
clause (l)(b) to the Class 1-Al through Class 1-A11 Certificates, in the
following order of priority:
(A) sequentially, to the Class 1-A1, Class 1-A2 and Class 1-A3
Certificates, up to the amount necessary to reduce the aggregate Certificate
Principal Balances thereof to the Aggregate Pool 1 PAC Balance set forth in the
Principal Balance Schedules for such Distribution Date;
(B) to the Class 1-A4 Certificates, up to the amount necessary to reduce
the Class Certificate Principal Balance thereof to the Class 1-A4 TAC Balance
No. 1 set forth in the Principal Balance Schedules for such Distribution Date;
(C) to the Class 1-A5C Accrual Component, up to the amount necessary to
reduce the Component Principal Balance thereof to its TAC Balance No. 1 set
forth in its Principal Balance Schedule for such Distribution Date;
(D) to the Class 1-A6 Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(E) to the Class 1-A11 Certificates, approximately 3.57143055556% of the
remaining amount distributable under this clause (1)(b)(II), until the Class
Certificate Principal Balance thereof has been reduced to zero;
(F) to the Class 1-A8 Certificates, approximately 37.2421132492% of the
remaining amount distributable under this clause (1)(b)(II), up to the amount
necessary to reduce the Class Certificate Principal Balance thereof to its TAC
Balance set forth in its Principal Balance Schedule for such Distribution Date;
(G) sequentially, to the Class 1-A9 and Class 1-A10 Certificates,
approximately 91.8022783949% of the remaining amount distributable under this
clause (1)(b)(II), up to the amount necessary to reduce the aggregate Class
Certificate Principal Balances thereof to the Class 1-A9, Class 1-A10 Aggregate
TAC Balance set forth in such Principal Balance Schedule for such Distribution
Date;
(H) to the Class 1-A7 Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(I) to the Class 1-A8 through Class 1-A10 Certificates, concurrently, as
follows:
(i) approximately 39.2620337096% of the amount distributable under this
clause (1)(b)(II)(I) to the Class 1-A8 Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero; and
(ii) approximately 60.7379662904% of the amount distributable under this
clause (1)(b)(II)(I) first to the Class 1-A9 Certificates and then to the Class
1-A10 Certificates, without regard to the Class 1-A9, Class 1-A10 Aggregate TAC
Balance for such Distribution Date, until their respective Class Certificate
Principal Balances have been reduced to zero;
(J) to the Class 1-A4 Certificates, up to the amount necessary to reduce
the Class Certificate Principal Balance thereof to its TAC Balance No. 2 set
forth in its Principal Balance Schedule for such Distribution Date;
(K) to the Class 1-A5C Component, up to the amount necessary to reduce the
Component Principal Balance thereof to its Component Balance No. 2 set forth in
its Principal Balance Schedule for such Distribution Date;
(L) to the Class 1-A4 Certificates, without regard to its Principal Balance
Schedule for such Distribution Date, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(M) to the Class 1-A5C Component, without regard to its Principal Balance
Schedule for such Distribution Date, until the Component Principal Balance
thereof has been reduced to zero; and
(N) to the Class 1-A1, Class 1-A2 and Class 1-A3 Certificates, in the
following order or priority:
(i) to the Class 1-A1 Certificates, without regard to the Principal Balance
Schedule for such Distribution Date, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(ii) to the Class 1-A2 Certificates, without regard to the Principal
Balance Schedule for such Distribution Date, until the Class Certificate
Principal Balance thereof has been reduced to zero; and
(iii) to the Class 1-A3 Certificates, without regard to the Principal
Balance Schedule for such Distribution Date, until the Class Certificate
Principal Balance thereof has been reduced to zero; and
(2) to the Class 1-PO Component, the Class PO Principal Distribution Amount
in respect of Pool 1 for such Distribution Date, until the Component Principal
Balance thereof has been reduced to zero;
<PAGE>
EXHIBIT O-2
SENIOR PRINCIPAL PRIORITIES (POOL 2)
EXHIBIT O-2
third, to the classes of Pool 2 Senior Certificates entitled to principal
distributions and the Class PO Certificates in respect of the Class 2-PO
Component, in reduction of the Class Certificate Principal Balances or Component
Principal Balance thereof, to the extent of remaining Available Funds in respect
of Pool 2, concurrently, as follows:
(1) to the Class 2-Al through Class 2-A3 Certificates and the Class 2-A5
Certificates, the Senior Optimal Principal Distribution Amount in respect of
Pool 2 for such Distribution Date, in the following order of priority:
(a) to the Class 2-A3 Certificates, up to approximately $27,000 on each
Distribution Date; provided, however, that no distributions pursuant to this
clause (I )(a) shall be made prior to the Distribution Date occurring in May
2002;
(b) to the Class 2-A5 Certificates, the Class 2-A5 Principal Distribution
Amount for such Distribution Date, until the Class Certificate Principal Balance
thereof has been reduced to zero;
(c) to the Pool 2 Group I Senior Certificates, the Senior Optimal Principal
Amount in respect of Pool 2 for such Distribution Date, less the Pool 2 Group I
Senior Principal Distribution Amount, in the following order of priority:
(I) to the Class 2-A1 Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero; and
(II) to the Class 2-A2 Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero; and
(d) to the Class 2-A3 Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero; and
(2) to the Class 2-PO Component, the Class PO Principal Distribution Amount
in respect of Pool 2 for such Distribution Date, until the Component Principal
Balance thereof has been reduced to zero;
