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) December 30, 1998
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of December 1, 1998,
providing for the issuance of REMIC Multi-Class
Pass-Through Certificates, Series 1998-25)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
-----------------------------------------------------------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
Three Executive Campus
Cherry Hill, New Jersey 08002
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (609) 661-6100
--------------
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
General.
On December 30, 1998, GE Capital Mortgage Services, Inc.
("GECMSI") offered to investors certain classes of its REMIC
Multi-Class Pass-Through Certificates, Series 1998-25 (the
"Certificates") evidencing beneficial ownership interests in a
trust fund (the "Trust Fund"). The assets of the Trust Fund
consist primarily of a pool ("Pool 1998-25") 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
October 22, 1998 as supplemented by the Prospectus Supplement
dated December 22, 1998.
The original principal balance of each Class of the Certificates
is as follows:
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Class A1 $15,000,000.00
- -----------------------------------------------------------------------
Class A2 $14,845,950.00
- -----------------------------------------------------------------------
Class A3 $65,985,604.00
- -----------------------------------------------------------------------
Class A4 $100,203,968.00
- -----------------------------------------------------------------------
Class A5 $137,449,250.00
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Class A6 $1,445,831.00
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Class A7 $20,040,801.00
- -----------------------------------------------------------------------
Class A8 $183,995,000.00
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Class A9 $225,000,000.00
- -----------------------------------------------------------------------
Class A10 $7,259,090.00
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Class A11 $25,000,000.00
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Class A12 $5,835,000.00
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Class A13 $6,392,875.00
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Class A14 $13,000,000.00
- -----------------------------------------------------------------------
Class A15 $5,344,543.00
- -----------------------------------------------------------------------
Class A16 $61,566,900.00
- -----------------------------------------------------------------------
Class A17 $21,268,118.00
- -----------------------------------------------------------------------
Class A18 $40,000,000.00
- -----------------------------------------------------------------------
Class A19 $2,500,000.00
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Class A20 $2,500,000.00
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Class A21 $2,500,000.00
- -----------------------------------------------------------------------
Class A22 $3,335,017.00
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Class R $100.00
- -----------------------------------------------------------------------
Class PO $125,876.07
- -----------------------------------------------------------------------
Class M $18,511,445.00
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Class B1 $8,004,949.00
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Class B2 $4,502,784.00
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Class B3 $4,002,474.00
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Class B4 $2,001,237.00
- -----------------------------------------------------------------------
Class B5 $3,001,858.00
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Total : $1,000,618,670.07
- -----------------------------------------------------------------------
The initial Junior Percentage and initial Senior Percentage for
Pool 1998-25 are approximately 4.00% and 96.00%, respectively.
The "Bankruptcy Loss Amount," the "Fraud Loss Amount" and the
"Special Hazard Loss Amount" for Pool 1998-25 as of the initial
issuance of the Certificates are $324,650.00, $10,006,187.00 and
$10,006,187.00, respectively, representing approximately .0300%,
1.0000%, and 1.0000%, respectively, of the aggregate Scheduled
Principal Balances of the Mortgage Loans as of December 1, 1998
(the "Cut-off Date").
2
<PAGE>
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1998-25
- ------------
Pool 1998-25 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
$1,000,618,670.07.
The interest rates (the "Mortgage Rates") borne by the 2897
Mortgage Loans conveyed by GECMSI to Pool 1998-25 range from
6.1250% to 9.2500% and the weighted average Mortgage Rate as of
the Cut-off Date is 7.1936% per annum (all weighted averages in
this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the
principal balances of the Mortgage Loans in Pool 1998-25 ranged
from $111,000.00 to $1,400,000.00, and, as of the Cut-off Date,
the average outstanding Scheduled Principal Balance of the
Mortgage Loans in Pool 1998-25 is $345,398.23, after application
of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest
origination date of any Mortgage Loan in Pool 1998-25 is February
1992, and the latest scheduled maturity date of any such Mortgage
Loan is December 2028. The weighted average loan-to-value ratio
of the Mortgage Loans as of the Cut-off Date in Pool 1998-25 is
73.6574%.
The Mortgage Loans in Pool 1998-25 have the following
characteristics as of the Cut-off Date.
a) The following table sets forth information, as of the Cut-off
Date, with respect to the Mortgage Rates borne by the Mortgage
Loans in Pool 1998-25:
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MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ------------------------------------------------------------------------
6.1250% 1 $551,000.00 0.0551%
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6.2500% 4 $1,422,996.90 0.1422%
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6.3750% 8 $2,843,035.34 0.2841%
- ------------------------------------------------------------------------
6.5000% 42 $13,810,277.09 1.3802%
- ------------------------------------------------------------------------
6.6250% 66 $21,502,187.54 2.1489%
- ------------------------------------------------------------------------
6.7500% 152 $49,026,618.55 4.8996%
- ------------------------------------------------------------------------
6.8750% 297 $100,452,536.44 10.0390%
- ------------------------------------------------------------------------
7.0000% 388 $134,678,794.56 13.4596%
- ------------------------------------------------------------------------
7.1250% 466 $155,717,112.13 15.5620%
- ------------------------------------------------------------------------
7.2500% 537 $187,820,153.33 18.7705%
- ------------------------------------------------------------------------
7.3750% 358 $126,445,887.06 12.6368%
- ------------------------------------------------------------------------
7.5000% 350 $126,381,820.37 12.6304%
- ------------------------------------------------------------------------
7.6250% 118 $41,724,022.50 4.1698%
- ------------------------------------------------------------------------
7.7500% 56 $19,167,540.04 1.9156%
- ------------------------------------------------------------------------
7.8750% 34 $10,797,011.14 1.0790%
- ------------------------------------------------------------------------
8.0000% 11 $4,816,424.13 0.4813%
- ------------------------------------------------------------------------
8.1250% 2 $717,298.94 0.0717%
- ------------------------------------------------------------------------
8.2500% 4 $1,265,978.15 0.1265%
- ------------------------------------------------------------------------
8.3750% 2 $771,493.54 0.0771%
- ------------------------------------------------------------------------
9.2500% 1 $706,482.32 0.0706%
- ------------------------------------------------------------------------
Total 2,897 $1,000,618,670.07 100.0000%
- ------------------------------------------------------------------------
3
<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 1998-25 :
- ------------------------------------------------------------------------------
ORIGINAL # OF LOANS AGGREGATE BALANCES % OF POOL BY
BALANCES AS OF CUT-OFF DATE AGGREGATE BAL.
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
$ 0 - 227,150 1 $110,784.41 0.0111%
- ------------------------------------------------------------------------------
$227,151 - 250,000 287 $69,814,188.03 6.9771%
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$250,001 - 300,000 1,104 $303,557,521.09 30.3369%
- ------------------------------------------------------------------------------
$300,001 - 350,000 582 $188,764,331.15 18.8648%
- ------------------------------------------------------------------------------
$350,001 - 400,000 349 $130,854,395.70 13.0773%
- ------------------------------------------------------------------------------
$400,001 - 450,000 187 $79,696,929.96 7.9648%
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$450,001 - 600,000 263 $134,738,594.62 13.4655%
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$600,001 - 650,000 65 $41,197,307.57 4.1172%
- ------------------------------------------------------------------------------
$650,001 - 1,000,000 + 59 $51,884,617.54 5.1853%
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Total 2,897 $1,000,618,670.07 100.0000%
- ------------------------------------------------------------------------------
The largest outstanding Scheduled Principal Balance of any
Mortgage Loan, as of the Cut-off Date, in Pool 1998-25 is
$1,395,699.42.
The smallest outstanding Scheduled Principal Balance of any
Mortgage Loan, as of the Cut-off Date, in Pool 1998-25 is
$110,784.41.
c) The following table sets forth information, as of the Cut-off
Date, with respect to the years of origination of the
Mortgage Loans in Pool 1998-25:
- ---------------------------------------------------------------------------
YEAR OF ORIGINATION # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ---------------------------------------------------------------------------
1992 1 $706,482.32 0.0706%
- ---------------------------------------------------------------------------
1994 1 $330,000.00 0.0330%
- ---------------------------------------------------------------------------
1995 1 $243,000.00 0.0243%
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1997 10 $3,734,729.58 0.3732%
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1998 2,884 $995,604,458.17 99.4989%
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Total 2,897 $1,000,618,670.07 100.0000%
- ---------------------------------------------------------------------------
4
<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 1998-25:
- ----------------------------------------------------------------------------
LOAN-TO-VALUE
RATIO AT # OF LOANS AGGREGATE BALANCES % OF POOL BY
ORIGINATION AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----------------------------------------------------------------------------
- ----------------------------------------------------------------------------
00.000 - 50.00 120 $49,140,603.57 4.9110%
- ----------------------------------------------------------------------------
50.001 - 60.00 180 $70,445,500.66 7.0402%
- ----------------------------------------------------------------------------
60.001 - 70.00 449 $174,197,158.16 17.4089%
- ----------------------------------------------------------------------------
70.001 - 75.00 470 $165,752,696.78 16.5650%
- ----------------------------------------------------------------------------
75.001 - 80.00 1,331 $441,237,010.38 44.0964%
- ----------------------------------------------------------------------------
80.001 - 85.00 41 $12,091,041.88 1.2084%
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85.001 - 90.00 193 $57,798,300.18 5.7763%
- ----------------------------------------------------------------------------
90.001 - 95.00 113 $29,956,358.46 2.9938%
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Total 2,897 $1,000,618,670.07 100.0000%
- ----------------------------------------------------------------------------
e) The following table sets forth information, as of the Cut-off
Date, with respect to the type of Mortgaged Properties
securing the Mortgage Loans in Pool 1998-25:
- ----------------------------------------------------------------------------
TYPE OF DWELLING # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----------------------------------------------------------------------------
- ----------------------------------------------------------------------------
Single-family detached 2,736 $947,173,033.29 94.6587%
- ----------------------------------------------------------------------------
Single-family attached 44 $13,219,463.30 1.3211%
- ----------------------------------------------------------------------------
Condominium 92 $29,449,282.07 2.9431%
- ----------------------------------------------------------------------------
2 - 4 Family Units 23 $10,241,891.41 1.0236%
- ----------------------------------------------------------------------------
Co-op 2 $535,000.00 0.0535%
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Total 2,897 $1,000,618,670.07 100.0000%
- ----------------------------------------------------------------------------
f) The following table sets forth information, as of the Cut-off
Date, with respect to the occupancy status of the Mortgaged
Properties securing the Mortgage Loans as represented by the
mortgagors at origination in Pool 1998-25:
- ----------------------------------------------------------------------------
AGGREGATE BALANCES % OF POOL BY
OCCUPANCY # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ----------------------------------------------------------------------------
- ----------------------------------------------------------------------------
Owner Occupied 2,827 $978,902,037.82 97.8297%
- ----------------------------------------------------------------------------
Vacation 59 $18,583,925.14 1.8572%
- ----------------------------------------------------------------------------
Investment 11 $3,132,707.11 0.3131%
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Total 2,897 $1,000,618,670.07 100.0000%
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5
<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
1998-25:
- ------------------------------------------------------------------------------
STATE # OF AGGREGATE BALANCES % OF POOL BY
LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
Alabama 4 $1,272,920.28 0.1272%
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Alaska 2 $554,524.35 0.0554%
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Arizona 57 $19,712,931.10 1.9701%
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Arkansas 4 $1,164,203.97 0.1163%
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California 1,383 $499,751,238.63 49.9440%
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Colorado 80 $24,840,750.19 2.4825%
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Connecticut 29 $11,022,333.97 1.1016%
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Delaware 6 $2,214,377.64 0.2213%
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District Of Columbia 6 $1,871,728.95 0.1871%
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Florida 51 $16,876,254.46 1.6866%
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Georgia 96 $30,273,213.25 3.0255%
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Hawaii 7 $2,203,965.46 0.2203%
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Idaho 2 $506,767.48 0.0506%
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Illinois 90 $30,710,844.97 3.0692%
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Indiana 11 $3,835,094.34 0.3833%
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Kansas 5 $1,414,501.43 0.1414%
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Kentucky 1 $357,938.99 0.0358%
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Louisiana 3 $1,599,520.26 0.1599%
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Maine 1 $299,771.72 0.0300%
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Maryland 103 $34,076,216.82 3.4055%
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Massachusetts 156 $50,177,376.24 5.0145%
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Michigan 18 $6,437,190.24 0.6433%
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Minnesota 14 $4,686,851.27 0.4684%
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Missouri 10 $3,655,968.14 0.3654%
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Montana 3 $1,066,614.28 0.1066%
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Nebraska 2 $645,804.25 0.0645%
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Nevada 20 $7,761,497.29 0.7757%
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New Hampshire 3 $847,558.26 0.0847%
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New Jersey 130 $42,619,698.11 4.2593%
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New Mexico 7 $2,464,097.60 0.2463%
- ------------------------------------------------------------------------------
New York 53 $20,041,236.79 2.0029%
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North Carolina 17 $5,325,623.73 0.5322%
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Ohio 10 $4,913,074.64 0.4910%
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Oklahoma 3 $933,049.08 0.0932%
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Oregon 64 $20,510,256.53 2.0498%
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Pennsylvania 46 $15,214,412.23 1.5205%
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Rhode Island 5 $1,994,354.28 0.1993%
- ------------------------------------------------------------------------------
South Carolina 5 $1,603,363.06 0.1602%
- ------------------------------------------------------------------------------
Tennessee 33 $10,534,064.51 1.0528%
- ------------------------------------------------------------------------------
Texas 47 $15,964,761.30 1.5955%
- ------------------------------------------------------------------------------
Utah 9 $2,885,768.13 0.2884%
- ------------------------------------------------------------------------------
Vermont 1 $310,932.06 0.0311%
- ------------------------------------------------------------------------------
Virginia 157 $49,390,386.85 4.9360%
- ------------------------------------------------------------------------------
Washington 135 $43,668,781.55 4.3642%
- ------------------------------------------------------------------------------
West Virginia 2 $613,571.23 0.0613%
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Wisconsin 5 $1,543,465.70 0.1543%
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Wyoming 1 $249,814.46 0.0250%
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Total 2,897 $1,000,618,670.07 100.0000%
- ------------------------------------------------------------------------------
6
<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 1998-25:
- ------------------------------------------------------------------------------
YEAR OF MATURITY # OF LOANS AGGREGATE BALANCES % OF POOL BY
AS OF CUT-OFF DATE AGGREGATE BALANCE
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
2018 17 $5,311,410.75 0.5308%
- ------------------------------------------------------------------------------
2022 1 $706,482.32 0.0706%
- ------------------------------------------------------------------------------
2023 12 $3,753,976.10 0.3752%
- ------------------------------------------------------------------------------
2027 9 $3,249,333.78 0.3247%
- ------------------------------------------------------------------------------
2028 2,858 $987,597,467.12 98.6987%
- ------------------------------------------------------------------------------
Total 2,897 $1,000,618,670.07 100.0000%
- ------------------------------------------------------------------------------
The weighted average scheduled remaining term to maturity of the
Mortgage Loans in Pool 1998-25 calculated as of the Cutoff Date
is 357 months.
i) The following table sets forth information, as of the Cut-off
Date, with respect to the purpose of the Mortgage Loans in Pool
1998-25:
- ------------------------------------------------------------------------------
AGGREGATE BALANCES % OF POOL BY
PURPOSE OF LOAN # OF LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
Purchase 1,180 $390,877,410.24 39.0636%
- ------------------------------------------------------------------------------
Rate Term/Refinance 1,265 $448,746,211.56 44.8468%
- ------------------------------------------------------------------------------
Cash-out Refinance 452 $160,995,048.27 16.0896%
- ------------------------------------------------------------------------------
Total 2,897 $1,000,618,670.07 100.0000%
- ------------------------------------------------------------------------------
7
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of January 22, 1998, and the
related Terms Agreement, dated as of December 22, 1998, for certain
of the Series 1998-25 Certificates between GE Capital Mortgage
Services, Inc. and Merrill Lynch, Pierce, Fenner & Smith
Incorporated.
4.1 The Pooling and Servicing Agreement for the Series 1998-25
Certificates, dated as of December 1, 1998, between GE Capital
Mortgage Services, Inc., as seller and servicer, and State Street
Bank and Trust Company, as trustee.
8
<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 December 30, 1998
9
<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 December 30, 1998
10
<PAGE>
EXHIBIT INDEX
The exhibits are being filed herewith:
- -------------------------------------------------------------------------------
EXHIBIT NO. DESCRIPTION PAGE
- -------------------------------------------------------------------------------
1.1 The Underwriting Agreement, dated as
of January 22, 1998, and the related
Terms Agreement, dated as of December
22, 1998, for certain of the Series 1998-
25 Certificates between GE Capital
Mortgage Services, Inc. and Merrill
Lynch, Pierce, Fenner & Smith
Incorporated.
4.1 The Pooling and Servicing Agreement
for the Series 1998-25 Certificates, dated
as of December 1, 1998, between GE
Capital Mortgage Services, Inc., as seller
and servicer, and State Street Bank and
Trust Company, as trustee.
- -------------------------------------------------------------------------------
11
EXECUTION
GE CAPITAL MORTGAGE SERVICES, INC.
PASS-THROUGH CERTIFICATES
(Issuable in Series)
UNDERWRITING AGREEMENT
Merrill Lynch, Pierce, Fenner & Smith New York, New York
Incorporated January 22, 1998
Merrill Lynch World Headquarters
North Tower
World Financial Center
New York, New York 10281-1201
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 one or more pools 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
<PAGE>
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
- 2 -
<PAGE>
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
- 3 -
<PAGE>
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).
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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 (g) and in Section 7 hereof, the
Underwriter will pay all its own costs and expenses,
including the fees of Brown & Wood LLP, 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:
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<PAGE>
(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), 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
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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) This Agreement, the related Terms
Agreement and the related Pooling and Servicing
Agreement have been duly authorized, executed and
delivered by the Company under the law of the State of
New Jersey;
(iv) The issuance and sale of the
Offered Certificates have been duly authorized by the
Company;
(v) 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;
(vi) 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
(vii) There are no actions, proceedings or
investigations pending or, to the best knowledge of
such counsel, threatened before any court, admini-
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<PAGE>
strative 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 his or 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 LLP, 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
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<PAGE>
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);
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<PAGE>
(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
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<PAGE>
such information as the Underwriter may reasonably request
of an accounting, financial or statistical nature (which is
limited to accounting, financial or statistical information
derived from the general accounting records of the Company
and which is obtained from an analysis of a sample of the
Mortgage Loans included in the related pool) set forth in
the related Prospectus Supplement under the caption
"Description of the Mortgage Pool and the Mortgaged
Properties" or "Description of the Mortgage Pools and the
Mortgaged Properties", as the case may be, and in the
Detailed Description relating to such Prospectus Supplement
is mutually consistent and agrees with the accounting
records of the Company and, where applicable, the related
Mortgage Loan files of the Company, excluding any questions
of legal interpretation. In addition, if applicable, such
accountants shall have furnished to the Underwriter a
letter, dated as of the related Closing Date, which shall
include a statement or statements to the effect that based
upon the assumptions and methodology agreed to by the
Company (and which is consistent with the manner in which
any final PAC Balances, TAC Balances, Scheduled Balances,
Maximum and Minimum Scheduled Balances or any other
scheduled balances are to be calculated as set forth in the
related Prospectus), all of which shall be described by
reference in such letter, such accountants shall have
verified the mathematical accuracy of any final PAC
Balances Table, TAC Balances Table, Scheduled Balances
Table, Maximum or Minimum Scheduled Balances Table or other
scheduled balances table attached as an exhibit to the
related Pooling and Servicing Agreement.
(i) KPMG Peat Marwick 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;
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(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.
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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
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<PAGE>
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
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<PAGE>
(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; provided,
however, that in no case shall the Underwriter be
responsible under this subparagraph (ii) for any amount in
excess of the aggregate Purchase Price for the Offered
Certificates. 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
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<PAGE>
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
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<PAGE>
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
Series 1998-1 and any subsequent Series of Certificates as to
which it acts as Underwriter 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
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<PAGE>
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
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<PAGE>
(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
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<PAGE>
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,
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<PAGE>
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
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<PAGE>
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.
- 30 -
<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.
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By:_________________________________
Name:
Title:
<PAGE>
EXHIBIT A
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES ____-__
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus [Date]
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated
(the "Underwriter") agrees, subject to the terms and provisions
herein and of the captioned Underwriting Agreement (the
"Underwriting Agreement"), to purchase such Classes of Series
____-__ Certificates specified in Section 2(a) hereof (the
"Offered Certificates"). This letter supplements and modifies the
Underwriting Agreement solely as it relates to the purchase and
sale of the Offered Certificates described below. The Series
____-__ Certificates are registered with the Securities and
Exchange Commission by means of an effective Registration
Statement (No. 33-___). Capitalized terms used and not defined
herein have the meanings given them in the Underwriting
Agreement.
Section 1. The Mortgage Pool: The Series ____-__
Certificates shall evidence the entire beneficial ownership
interest in a mortgage pool (the "Mortgage Pool") of
conventional, fixed rate, fully amortizing one- to four-family
residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of ________ __, ____ (the "Cut-off
Date"):
(a) Aggregate Principal Amount of the Mortgage Pool:
$[ ] aggregate principal balance as of the Cutoff Date,
subject to [an upward or downward variance of up to [ ]%,
the precise aggregate principal balance to be determined by
the Company][a permitted variance such that the aggregate
Scheduled Principal Balance thereof will be not less than
$[ ] or greater than $[ ]].
(b) Original Terms to Maturity: The original term to
maturity of each Mortgage Loan included in the Mortgage Pool
shall be between ___ and ___ years.
A-1
<PAGE>
Section 2. The Certificates: The Offered
Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued
with the following Class designations, interest rates and
principal balances, subject in the aggregate to the
variance referred to in Section 1(a)[and, as to any
particular Class, to an upward or downward variance of up
to [ ]%]:
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.
A-2
<PAGE>
If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the
undersigned a counterpart hereof, whereupon this letter and your
acceptance shall represent a binding agreement between the
Underwriter and the Company.
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
By:__________________________________
Name:
Title:
The foregoing Agreement is
hereby confirmed and accepted
as of the date first above written.
GE CAPITAL MORTGAGE SERVICES, INC.
By:_______________________________
Name:
Title:
A-3
<PAGE>
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATES
SERIES 1998-25
TERMS AGREEMENT
(to Underwriting Agreement,
dated January 22, 1998,
between the Company and the Underwriter)
GE Capital Mortgage Services, Inc. New York, New York
Three Executive Campus December 22, 1998
Cherry Hill, NJ 08002
Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter")
agrees, subject to the terms and provisions herein and of the captioned
Underwriting Agreement (the "Underwriting Agreement"), to purchase the Classes
of Series 1998-25 Certificates specified in Section 2(a) hereof (the "Offered
Certificates"). This Terms Agreement supplements and modifies the Underwriting
Agreement solely as it relates to the purchase and sale of the Offered
Certificates described below. The Series 1998-25 Certificates are registered
with the Securities and Exchange Commission by means of an effective
Registration Statement (No. 333-51151). Capitalized terms used and not defined
herein have the meanings given them in the Underwriting Agreement.
Section 1. The Mortgage Pool: The Series 1998-25 Certificates shall
evidence the entire beneficial ownership interest in a mortgage pool (the
"Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one-
to four-family residential mortgage loans (the "Mortgage Loans") having the
following characteristics as of December 1, 1998 (the "Cut-off Date"):
(a) Aggregate Principal Amount of the Mortgage Pool: $1,000,618,670
aggregate principal balance as of the Cut-off Date, subject to a permitted
variance such that the aggregate original Certificate Principal Balance will be
not less than $1,000,000,000.00 or greater than $1,050,000,000.00.
(b) Original Terms to Maturity: The original term to maturity of
substantially all of the Mortgage Loans included in the Mortgage Pool shall be
between 20 and 30 years.
Section 2.
The Certificates: The Offered Certificates shall be issued as follows:
(a) Classes: The Offered Certificates shall be issued with the following
Class designations, interest rates and principal balances, subject in the
aggregate to the variance referred to in Section 1(a):
Class
Principal Interest Purchase Price
Class Balance Rate Percentage
- ----- ------- ---- ----------
Class A1 15,000,000.00 6.25% 98.4453125%
Class A2 14,845,950.00 (1) 98.4453125%
Class A3 65,985,604.00 6.25% 98.4453125%
Class A4 100,203,968.00 6.75% 98.4453125%
Class A5 137,449,250.00 6.00% 98.4453125%
Class A6 1,445,831.00 (2) 98.4453125%
Class A7 20,040,801.00 6.00% 98.4453125%
Class A8 183,995,000.00 6.25% 98.4453125%
Class A9 225,000,000.00 6.25% 98.4453125%
Class A10 7,259,090.00 6.25% 98.4453125%
Class A11 25,000,000.00 6.25% 98.4453125%
Class A12 5,835,000.00 6.50% 98.4453125%
Class A13 6,392,875.00 6.50% 98.4453125%
Class A14 13,000,000.00 6.50% 98.4453125%
Class A15 5,344,543.00 (1) 98.4453125%
Class A16 61,566,900.00 6.00% 98.4453125%
Class A17 21,268,118.00 6.00% 98.4453125%
Class A18 40,000,000.00 6.50% 98.4453125%
Class A19 2,500,000.00 6.50% 98.4453125%
Class A20 2,500,000.00 6.50% 98.4453125%
Class A21 2,500,000.00 6.50% 98.4453125%
Class A22 3,335,017.00 6.50% 98.4453125%
Class R 100.00 6.25% 98.4453125%
Class M 18,511,445.00 6.25% 94.9296875%
Class B1 8,004,949.00 6.25% 92.8828125%
Class B2 4,502,784.00 6.25% 85.1406250%
- --------------------------------------------------------------------------------
(1) The Class A2 and Class A15 Certificates will accrue interest at the
floating rates described in the Prospectus.
(2) The Class A6 Certificates are principal-only Certificates and will not
accrue interest.
(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, December 30, 1998 (the
"Closing Date").
Section 4. Required Ratings: The Offered Certificates except for the Class
A6, Class A15, Class M, Class B1 and Class B2 Certificates shall have received
Required Ratings of at least "AAA" from each of Fitch IBCA, Inc. ("Fitch") and
Standard & Poor's Rating Services, a division of The McGraw-Hill Companies, Inc.
("S&P"), respectively. The Class A6 and Class A15 Certificates shall have
received Required Ratings of at least "AAA" by Fitch and "AAAr" by S&P. The
Class M, Class B1 and Class B2 Certificates shall have received Required Ratings
of "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 the 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,
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
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 December 1, 1998
REMIC Multi-Class Pass-Through Certificates,
Series 1998-25
================================================================================
<PAGE>
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
Section 1.01. Definitions....................................................1
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans...................................33
Section 2.02. Acceptance by Trustee..........................................37
Section 2.03. Representations and Warranties of the Company;
Mortgage Loan Repurchase....................................38
Section 2.04. Execution of Certificates......................................44
Section 2.05. Designations under the REMIC Provisions........................44
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer.....................................45
Section 3.02. Collection of Certain Mortgage Loan Payments;
Mortgage Loan Payment Record; Certificate Account..........49
Section 3.03. Collection of Taxes, Assessments and Other Items...............51
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record...........52
Section 3.05. Maintenance of the Primary Insurance Policies..................53
Section 3.06. Maintenance of Hazard Insurance................................53
Section 3.07. Assumption and Modification Agreements.........................54
Section 3.08. Realization Upon Defaulted Mortgage Loans......................55
Section 3.09. Trustee to Cooperate; Release of Mortgage Files................58
Section 3.10. Servicing Compensation; Payment of Certain Expenses by the
Company.....................................................58
Section 3.11. Reports to the Trustee; Certificate Account Statements.........59
Section 3.12. Annual Statement as to Compliance..............................59
Section 3.13. Annual Independent Public Accountants' Servicing Report........59
Section 3.14. Access to Certain Documentation and Information
Regarding the Mortgage Loans................................60
Section 3.15. Maintenance of Certain Servicing Policies......................60
Section 3.16. Optional Purchase of Defaulted Mortgage Loans..................60
<PAGE>
ARTICLE IV
PAYMENTS AND STATEMENTS
Section 4.01. Distributions..................................................60
Section 4.02. Method of Distribution.........................................64
Section 4.03. Allocation of Losses...........................................65
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans........67
Section 4.05. Statements to Certificateholders...............................67
Section 4.06. Servicer's Certificate.........................................70
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged
Property....................................................70
Section 4.08. Reduction of Base Servicing Fees by Compensating Interest
Payments....................................................70
Section 4.09. Surety Bond....................................................70
Section 4.10. Distributions to Holders of Class A9 Certificates..............71
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates...............................................70
Section 5.02. Registration of Transfer and Exchange of Certificates..........72
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates..............77
Section 5.04. Persons Deemed Owners..........................................77
Section 5.05. Access to List of Certificateholders' Names and Addresses......77
Section 5.06. Representation of Certain Certificateholders...................78
Section 5.07. Determination of COFI..........................................78
Section 5.08. Determination of LIBOR.........................................79
ARTICLE VI
THE COMPANY
Section 6.01. Liability of the Company.......................................80
Section 6.02. Merger or Consolidation of, or Assumption of the
Obligations of, the Company.................................80
Section 6.03. Assignment.....................................................80
Section 6.04. Limitation on Liability of the Company and Others..............81
Section 6.05. The Company Not to Resign......................................81
ARTICLE VII
DEFAULT
Section 7.01. Events of Default..............................................81
Section 7.02. Trustee to Act; Appointment of Successor.......................83
Section 7.03. Notification to Certificateholders.............................84
<PAGE>
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee..............................................84
Section 8.02. Certain Matters Affecting the Trustee..........................85
Section 8.03. Trustee Not Liable for Certificates or Mortgage
Loans.......................................................86
Section 8.04. Trustee May Own Certificates...................................87
Section 8.05. The Company to Pay Trustee's Fees and Expenses.................87
Section 8.06. Eligibility Requirements for Trustee...........................87
Section 8.07. Resignation or Removal of Trustee..............................87
Section 8.08. Successor Trustee..............................................88
Section 8.09. Merger or Consolidation of Trustee.............................88
Section 8.10. Appointment of Co-Trustee or Separate Trustee..................89
Section 8.11. Compliance with REMIC Provisions; Tax Returns..................90
ARTICLE IX
TERMINATION
Section 9.01. Termination upon Repurchase by the Company or
Liquidation of All Mortgage Loans..........................90
Section 9.02. Additional Termination Requirements............................91
ARTICLE X
MISCELLANEOUS PROVISIONS
Section 10.01. Amendment.....................................................92
Section 10.02. Recordation of Agreement......................................93
Section 10.03. Limitation on Rights of Certificateholders....................93
Section 10.04. Governing Law.................................................94
Section 10.05. Notices.......................................................94
Section 10.06. Notices to the Rating Agencies................................95
Section 10.07. Severability of Provisions....................................95
Section 10.08. Certificates Nonassessable and Fully Paid.....................95
<PAGE>
Exhibits
EXHIBIT A Forms of Certificates
EXHIBIT B Principal Balance Schedules
EXHIBIT C Mortgage Loans (including list of Cooperative Loans)
EXHIBIT D Form of Servicer's Certificate
EXHIBIT E Form of Transfer Certificate as to ERISA Matters for Definitive
ERISA-Restricted Certificates
EXHIBIT F Form of Residual Certificate Transferee Affidavit
EXHIBIT G Form of Residual Certificate Transferor Letter
EXHIBIT H Additional Servicer Compensation
EXHIBIT I Form of Investment Letter for Definitive Restricted Certificates
EXHIBIT J Form of Distribution Date Statement
EXHIBIT K Form of Special Servicing and Collateral Fund Agreement
EXHIBIT L Form of Lost Note Affidavit and Agreement
EXHIBIT M Schedule of Designated Loans
EXHIBIT N Schedule of Pledged Asset Mortgage Loans
EXHIBIT O Senior Principal Priorities
<PAGE>
THIS POOLING AND SERVICING AGREEMENT, dated as of December 1, 1998, between
GE CAPITAL MORTGAGE SERVICES, INC., a corporation organized and existing under
the laws of the State of New Jersey, and STATE STREET BANK AND TRUST COMPANY, a
Massachusetts banking corporation, as Trustee.
W I T N E S S E T H T H A T :
------------------- ---------
In consideration of the mutual agreements herein contained, GE Capital
Mortgage Services, Inc. and State Street Bank and Trust Company agree as
follows:
ARTICLE I
DEFINITIONS
Section 1.01. Definitions. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:
Accretion Directed Certificate: None.
Accretion Directed Component: None.
Accretion Termination Date: None.
Accrual Amount: As to any Class of Accrual Certificates and any
Accrual Component and each Distribution Date through the related
Accretion Termination Date, the sum of (x) any amount of Accrued
Certificate Interest allocable to such Class or Component pursuant to
Section 4.01(a)(i) on such Distribution Date and (y) any amount of
Unpaid Class Interest Shortfall allocable to such Class or Component
pursuant to Section 4.01(a)(ii) on such Distribution Date, to the
extent that such amounts are distributed to any Accretion Directed
Certificates and any Accretion Directed Components pursuant to Section
4.01(e). As to any Class of Accrual Certificates and any Accrual
Component and each Distribution Date after the related Accretion
Termination Date, zero.
Accrual Certificates: None.
Accrual Component: None.
Accrued Certificate Interest: As to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only
Certificates and any Class of Certificates consisting of Specified
Components), interest accrued during the related Interest Accrual
Period at the applicable Certificate Interest Rate on the Class
Certificate Principal Balance (or, in the case of any Class of
Notional Certificates, on the aggregate Notional Principal Balance)
thereof immediately prior to such Distribution Date, calculated on the
basis of a 360-day year consisting of twelve 30-day months. As to any
Distribution Date and any Specified Component (other than any
Principal Only Component), interest accrued during the related
Interest Accrual Period at the applicable Component Interest Rate on
the Component Principal Balance (or Notional Component Principal
Balance) thereof immediately prior to such Distribution Date,
calculated on the basis of a 360-day year consisting of twelve 30-day
months. As to any Distribution Date and any Class of Certificates
consisting of Specified Components, the aggregate of Accrued
Certificate Interest on such Specified Components for such
Distribution Date.
Accrued Certificate Interest on each Class of Certificates (other
than any Class of Principal Only Certificates and any Class of
Certificates consisting of Specified Components) and any Specified
Component (other than any Principal Only Component) shall be reduced
by such Class's or Specified Component's share of the amount of any
Net Interest Shortfall and Certificate Interest Losses for such
Distribution Date. Any Net Interest Shortfall and Certificate Interest
Losses shall be allocated among (x) the Classes of Certificates (other
than any Class of Principal Only Certificates and any Class of
Certificates consisting of Specified Components) and (y) the Specified
Components (other than any Principal Only Component) of any Component
Certificate in proportion to the respective amounts of Accrued
Certificate Interest that would have resulted absent such shortfall or
losses.
Additional Collateral: With respect to any Mortgage 100SM Loan,
the marketable securities held from time to time as security for the
repayment of such Mortgage 100SM Loan and any related collateral. With
respect to any Parent PowerSM Loan, the third-party guarantee for such
Parent PowerSM Loan, together with (i) any marketable securities held
from time to time as security for the performance of such guarantee
and any related collateral or (ii) any mortgaged property securing the
performance of such guarantee, the related home equity line of credit
loan and any related collateral.
Agreement: This Pooling and Servicing Agreement and all
amendments hereof and supplements hereto.
Allocable Share: (a) As to any Distribution Date and amounts
distributable pursuant to clauses (i) and (iii) of the definition of
Junior Optimal Principal Amount, and as to each Class of Junior
Certificates, the fraction, expressed as a percentage, the numerator
of which is the Class Certificate Principal Balance of such Class and
the denominator of which is the aggregate Class Certificate Principal
Balance of the Junior Certificates.
(b) As to any Distribution Date and amounts distributable
pursuant to clauses (ii), (iv) and (v) of the definition of Junior
Optimal Principal Amount, and as to the Class M Certificates and each
Class of Class B Certificates for which the related Prepayment
Distribution Trigger has been satisfied on such Distribution Date, the
fraction, expressed as a percentage, the numerator of which is the
Class Certificate Principal Balance of such Class and the denominator
of which is the aggregate Class Certificate Principal Balance of all
such Classes. As to any Distribution Date and each Class of Class B
Certificates for which the related Prepayment Distribution Trigger has
not been satisfied on such Distribution Date, 0%.
Amortization Payment: As to any REO Mortgage Loan and any month,
the payment of principal and accrued interest due in such month in
accordance with the terms of the related Mortgage Note as contemplated
by Section 3.08(b).
Amount Held for Future Distribution: As to each Distribution
Date, the total of all amounts credited to the Mortgage Loan Payment
Record as of the preceding Determination Date on account of (i)
Principal Prepayments, Insurance Proceeds and Liquidation Proceeds
received subsequent to the preceding Prepayment Period applicable to
such receipts, and (ii) monthly payments of principal and interest due
subsequent to the preceding Due Date.
Anniversary Determination Date: The Determination Date occurring
in January of each year that the Certificates are outstanding,
commencing in January 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 as to any Non-Primary Residence Loan remaining
in the Mortgage Pool whose original principal balance was 80% or
greater of the Original Value thereof, the excess of (i) the Monthly
Payment thereof calculated on the assumption that the Mortgage Rate
thereon was equal to the weighted average (by principal balance) of
the Remittance Rates of all Outstanding Mortgage Loans (the "Weighted
Average Rate") as of such Anniversary Determination Date over (ii) the
Monthly Payment thereof calculated on the assumption that the
Remittance Rate thereon was equal to the Weighted Average Rate less
1.25% per annum.
Available Funds: As to each Distribution Date, an amount equal to
the sum of (i) all amounts credited to the Mortgage Loan Payment
Record pursuant to Section 3.02 as of the preceding Determination
Date, (ii) any Monthly Advance and any Compensating Interest Payment
for such Distribution Date, (iii) the Purchase Price of any Defective
Mortgage Loans and Defaulted Mortgage Loans deposited in the
Certificate Account on the Business Day preceding such Distribution
Date (including any amounts deposited in the Certificate Account in
connection with any substitution of a Mortgage Loan as specified in
Section 2.03(b)), and (iv) the purchase price of any defaulted
Mortgage Loan purchased under an agreement entered into pursuant to
Section 3.08(e) as of the end of the preceding Prepayment Period less
the sum of (x) the Amount Held for Future Distribution, (y) the amount
of any Unanticipated Recovery credited to the Mortgage Loan Payment
Record pursuant to clause (vi) of Section 3.02(b), and (z) amounts
permitted to be debited from the Mortgage Loan Payment Record pursuant
to clauses (i) through (vii) and (ix) of Section 3.04.
Bankruptcy Coverage Termination Date: The Distribution Date upon
which the Bankruptcy Loss Amount has been reduced to zero or a
negative number (or the Cross-Over Date, if earlier).
Bankruptcy Loss Amount: As of any Determination Date prior to the
first Anniversary Determination Date, the Bankruptcy Loss Amount shall
equal $324,650, as reduced by the aggregate amount of Deficient
Valuations and Debt Service Reductions since the Cut-off Date. As of
any Determination Date after the first Anniversary Determination Date,
other than an Anniversary Determination Date, the Bankruptcy Loss
Amount shall equal the Bankruptcy Loss Amount on the immediately
preceding Anniversary Determination Date as reduced by the aggregate
amount of Deficient Valuations and Debt Service Reductions since such
preceding Anniversary Determination Date. As of any Anniversary
Determination Date, the Bankruptcy Loss Amount shall equal the lesser
of (x) the Bankruptcy Loss Amount as of the preceding Determination
Date as reduced by any Deficient Valuations and Debt Service
Reductions for the preceding Distribution Date, and (y) the greater of
(i) the Fitch Formula Amount for such Anniversary Determination Date
and (ii) the Formula Amount for such Anniversary Determination Date.
The Bankruptcy Loss Amount may be further reduced by the Company
(including accelerating the manner in which such coverage is reduced)
provided that prior to any such reduction, the Company shall obtain
written confirmation from each Rating Agency that such reduction shall
not adversely affect the then-current rating assigned to the related
Classes of Certificates by such Rating Agency and shall provide a copy
of such written confirmation to the Trustee.
Base Servicing Fee: As to any Mortgage Loan and Distribution
Date, an amount equal to the product of (i) the Scheduled Principal
Balance of such Mortgage Loan as of the Due Date in the preceding
calendar month and (ii) the Base Servicing Fee Rate for such Mortgage
Loan. The Base Servicing Fee for any Distribution Date is subject to
adjustment pursuant to Section 3.08(d) (with respect to a Realized
Loss) or the definition of Interest Loss (with respect to the interest
portion of a Debt Service Reduction).
Base Servicing Fee Rate: As to any Mortgage Loan, the per annum
rate identified as such for such Mortgage Loan and set forth in the
Mortgage Loan Schedule.
BBA: The British Bankers' Association.
BIF: The Bank Insurance Fund of the FDIC, or its successor in
interest.
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 and Class PO Certificates, constitutes a Class of
Book-Entry Certificates.
Book-Entry Nominee: As defined in Section 5.02(b).
Business Day: Any day other than a Saturday or a Sunday, or a day
on which banking institutions in New York City or the city in which
the Corporate Trust Office is located are authorized or obligated by
law or executive order to be closed.
Buydown Funds: Funds contributed by the Mortgagor or another
source in order to reduce the interest payments required from the
Mortgagor for a specified period in specified amounts.
Buydown Mortgage Loan: Any Mortgage Loan as to which the
Mortgagor pays less than the full monthly payment specified in the
Mortgage Note during the Buydown Period and the difference between the
amount paid by the Mortgagor and the amount specified in the Mortgage
Note is paid from the related Buydown Funds.
Buydown Period: The period during which Buydown Funds are
required to be applied to the related Buydown Mortgage Loan.
Certificate: Any one of the certificates signed and countersigned
by the Trustee in substantially the forms attached hereto as Exhibit
A.
Certificate Account: The trust account or accounts created and
maintained with the Trustee pursuant to Section 3.02 and which must be
an Eligible Account.
Certificate Interest Loss: (i) On or prior to the Cross-Over
Date, any Interest Loss in respect of an Excess Loss and (ii) after
the Cross-Over Date, any Interest Loss, in each case to the extent
such Interest Loss is allocable to the Certificates in accordance with
Section 3.08(d) (with respect to a Realized Loss) or the definition of
Interest Loss (with respect to the interest portion of a Debt Service
Reduction).
Certificate Interest Rate: With respect to any Class of
Certificates, other than any LIBOR Certificates, and as of any
Distribution Date, the per annum fixed rate specified 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(e).
Certificate Owner: With respect to any Book-Entry Certificate,
the person who is the beneficial owner thereof.
Certificate Principal Balance: As to any Certificate other than a
Notional Certificate, and as of any Distribution Date, the Initial
Certificate Principal Balance of such Certificate (plus, in the case
of any Accrual Certificate, its Percentage Interest of any related
Accrual Amount for each previous Distribution Date) less the sum of
(i) all amounts distributed with respect to such Certificate in
reduction of the Certificate Principal Balance thereof on previous
Distribution Dates pursuant to Section 4.01, (ii) any Realized Losses
allocated to such Certificate on previous Distribution Dates pursuant
to Section 4.03(b) and (c), and (iii) in the case of a Subordinate
Certificate, such Certificate's Percentage Interest of the Subordinate
Certificate Writedown Amount allocated to such Certificate on previous
Distribution Dates. The Notional Certificates are issued without
Certificate Principal Balances.
Certificate Register and Certificate Registrar: The register
maintained and the registrar appointed pursuant to Section 5.02.
Certificateholder or Holder: The person in whose name a
Certificate is registered in the Certificate Register, except that,
solely for the purposes of giving any consent pursuant to this
Agreement, a Certificate of any Class to the extent that the Company
or any affiliate is the Certificate Owner or Holder thereof (except to
the extent the Company or any affiliate thereof shall be the
Certificate Owner or Holder of all Certificates of such Class), shall
be deemed not to be outstanding and the Percentage Interest (or Voting
Rights) evidenced thereby shall not be taken into account in
determining whether the requisite amount of Percentage Interests (or
Voting Rights) necessary to effect any such consent has been obtained;
provided, however, that in determining whether the Trustee shall be
protected in relying on such consent only the Certificates that the
Trustee knows to be so held shall be so disregarded.
Class: All Certificates bearing the same class designation.
Class A3 Group II Senior Percentage: With respect to any
Distribution Date, the percentage (carried to six places and rounded
up) obtained by dividing (x) the Class Certificate Principal Balance
of the Class A3 Certificates immediately preceding such Distribution
Date by (y) the Class Certificate Principal Balance of all the Group
II Senior Certificates immediately preceding such Distribution Date.
Class A3 Percentage: With respect to any Distribution Date, the
percentage (carried to six places and rounded up) obtained by dividing
(x) the Class Certificate Principal Balance of the Class A3
Certificates immediately preceding such Distribution Date, by (y) the
aggregate Class Certificate Principal Balance of all the Certificates
(less the Class Certificate Principal Balance of the Class PO
Certificates) immediately preceding such Distribution Date.
Class A3 Principal Distribution Amount: With respect to any
Distribution Date, the sum of (a) the total of the amounts described
in clauses (i) and (iii) of the definition of Senior Optional
Principal Amount (without application of the Senior Percentage or
Senior Prepayment Percentage) for such date multiplied by the Class A3
Percentage for such date, and (b) the total of the amounts described
in clauses (ii), (iv) and (v) of the definition of Senior Optimal
Principal Amount (without application of the Senior Prepayment
Percentage) for such date multiplied by the product of (x) the Class
A3 Percentage for such date and (y) the Group II Senior Distribution
Percentage for such date. Notwithstanding the foregoing, (i) on the
Group I Final Distribution Date, the Class A3 Principal Distribution
Amount shall be increased by the product of (x) any Senior Optimal
Principal Amount remaining after distributions of principal have been
made on the Group I Senior Certificates and (y) the Class A3 Group II
Senior Percentage and (ii) following the Group I Final Distribution
Date, the Class A3 Principal Distribution Amount shall equal the
product of (x) the Senior Optimal Principal Amount (less any amounts
distributed to the Class A4 Certificates) and (y) the Class A3 Group
II Senior Percentage.
Class A7 Group II Senior Percentage: With respect to any
Distribution Date, 100% minus the Class A3 Group II Senior Percentage.
Class A7 Percentage: With respect to any Distribution Date, the
percentage (carried to six places and rounded up) obtained by dividing
(x) the Class Certificate Principal Balance of the Class A7
Certificates immediately preceding such Distribution Date, by (y) the
aggregate Class Certificate Principal Balance of all the Certificates
(less the Class Certificate Principal Balance of the Class PO
Certificates) immediately preceding such Distribution Date.
Class A7 Principal Distribution Amount: With respect to any
Distribution Date, the sum of (a) the total of the amounts described
in clauses (i) and (iii) of the definition of Senior Optimal Principal
Amount (without application of the Senior Percentage or Senior
Prepayment Percentage) for such date multiplied by the Class A7
Percentage for such date, and (b) the total of the amounts described
in clauses (ii), (iv) and (v) of the definition of Senior Optimal
Principal Amount (without application of the Senior Prepayment
Percentage) for such date multiplied by the product of (x) the Class
A7 Percentage for such date and (y) the Group II Senior Distribution
Percentage for such date. Notwithstanding the foregoing, (i) on the
Group I Final Distribution Date, the Class A7 Principal Distribution
Amount shall be increased by the product of (x) any Senior Optimal
Principal Amount remaining after distributions of principal have been
made on the Group I Senior Certificates and (y) the Class A7 Group II
Senior Percentage and (ii) following the Group I Final Distribution
Date, the Class A7 Principal Distribution Amount shall equal the
product of (x) the Senior Optimal Principal Amount (less any amounts
distributed to the Class A4 Certificates) and (y) the Class A7 Group
II Senior Percentage.
Class B Certificate: Any Class B1, Class B2, Class B3, Class B4
or Class B5 Certificate.
Class Certificate Principal Balance: As to any Class of
Certificates, other than any Class of Notional Certificates, and as of
any date of determination, the aggregate of the Certificate Principal
Balances of all Certificates of such Class. The Class Certificate
Principal Balance of each such Class of Certificates as of the Closing
Date is specified in Section 5.01(b).
Class Interest Shortfall: As to any Distribution Date and any
Class of Certificates (other than any Class of Principal Only
Certificates or any Class consisting of Specified Components) or any
Specified Component, any amount by which the amount distributed to
Holders of such Class of Certificates or in respect of such Specified
Component (or added to the Class Certificate Principal Balance of any
Class of Accrual Certificates or to the Component Principal Balance of
any Accrual Component constituting a Specified Component) on such
Distribution Date is less than the Accrued Certificate Interest
thereon or in respect thereof for such Distribution Date. As to any
Distribution Date and any Class of Certificates consisting of
Specified Components, the sum of the Class Interest Shortfalls for
such Components on such date.
Class PO Deferred Amount: As to any Distribution Date on or prior
to the Cross-Over Date, the aggregate of the applicable PO Percentage
of the principal portion of each Realized Loss, other than any Excess
Loss, to be allocated to the Class PO Certificates on such
Distribution Date or previously allocated to the Class PO Certificates
and not yet paid to the Holders of the Class PO Certificates pursuant
to Section 4.01(a)(iv).
Closing Date: December 30, 1998.
Code: The Internal Revenue Code of 1986, as it may be amended
from time to time, any successor statutes thereto, and applicable U.S.
Department of the Treasury temporary or final regulations promulgated
thereunder.
COFI: The monthly weighted average cost of funds for savings
institutions the home offices of which are located in Arizona,
California, or Nevada that are member institutions of the Eleventh
Federal Home Loan Bank District, as computed from statistics tabulated
and published by the Federal Home Loan Bank of San Francisco in its
monthly Information Bulletin.
COFI Certificates: None.
COFI Determination Date: As to each Interest Accrual Period for
any COFI Certificates, the last Business Day of the calendar month
preceding the commencement of such Interest Accrual Period.
Company: GE Capital Mortgage Services, Inc., a corporation
organized and existing under the laws of the State of New Jersey, or
its successor in interest or, if any successor servicer is appointed
as herein provided, then such successor servicer.
Compensating Interest Payment: With respect to any Distribution
Date, an amount equal to the aggregate of the Interest Shortfalls
described in clauses (a) and (b) of the definition thereof with
respect to such Distribution Date; provided, however, that such amount
shall not exceed the lesser of (i) an amount equal to the product of
(x) the Pool Scheduled Principal Balance with respect to such
Distribution Date and (y) one-twelfth of 0.125%, and (ii) the
aggregate of the Base Servicing Fees that the Company would be
entitled to retain on such Distribution Date (less any portion thereof
paid as servicing compensation to any Primary Servicer) without giving
effect to any Compensating Interest Payment.
Component: Any of the components of a Class of Component
Certificates having the designations and the initial Component
Principal Balances as follows:
Designation Initial Component
----------- Principal Balance
-----------------
Class A2A $ 7,706,743.00
Class A2B 7,139,207.00
Class A5A 97,449,250.00
Class A5B 40,000,000.00
Class A6A 436,716.00
Class A6B 1,009,115.00
Class A15A 2,774,428.00
Class A15B 2,570,115.00
Class A17A 10,433,100.00
Class A17B 10,835,018.00
Component Certificate: Any Class A2, Class A5, Class A6, Class
A15 or Class A17 Certificate.
Component Principal Balance: As of any Distribution Date, and
with respect to any Component, other than any Notional Component, the
initial Component Principal Balance thereof (as set forth, as
applicable, in the definition of Component) (plus, in the case of any
Accrual Component, any related Accrual Amount for each previous
Distribution Date) less the sum of (x) all amounts distributed in
reduction thereof on previous Distribution Dates pursuant to Section
4.01 and (y) the amount of all Realized Losses allocated thereto
pursuant to Section 4.03(d).
Confirmatory Mortgage Note: With respect to any Mortgage Loan, a
note or other evidence of indebtedness executed by the Mortgagor
confirming its obligation under the note or other evidence of
indebtedness previously executed by the Mortgagor upon the origination
of the related Mortgage Loan.
Cooperative: A private, cooperative housing corporation organized
in accordance with applicable state laws which owns or leases land and
all or part of a building or buildings located in the relevant state,
including apartments, spaces used for commercial purposes and common
areas therein and whose board of directors authorizes, among other
things, the sale of Cooperative Stock.
Cooperative Apartment: A dwelling unit in a multi-dwelling
building owned or leased by a Cooperative, which unit the Mortgagor
has an exclusive right to occupy pursuant to the terms of one or more
Proprietary Leases.
Cooperative Loans: Any of the Mortgage Loans made in respect of a
Cooperative Apartment, evidenced by a Mortgage Note and secured by (i)
a Security Agreement, (ii) the related Cooperative Stock
Certificate(s), (iii) an assignment of the Proprietary Lease(s), (iv)
financing statements and (v) a stock power (or other similar
instrument), and in addition thereto, a recognition agreement between
the Cooperative and the originator of the Cooperative Loan, each of
which was transferred and assigned to the Trustee pursuant to Section
2.01 and are from time to time held as part of the Trust Fund. The
Mortgage Loans identified in Exhibit C hereto are Cooperative Loans.
Cooperative Stock: With respect to a Cooperative Loan, the single
outstanding class of stock, partnership interest or other ownership
instrument in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative
Loan, the stock certificate(s) or other instrument evidencing the
related Cooperative Stock.
Corporate Trust Office: The principal office of the Trustee at
which at any particular time its corporate trust business shall be
administered, which office at the date of the execution of this
instrument is located at Two International Place, Boston,
Massachusetts 02110, Attention: Corporate Trust Department.
Cross-Over Date: The first Distribution Date on which the
aggregate Class Certificate Principal Balance of the Junior
Certificates has been reduced to zero (giving effect to all
distributions on such Distribution Date).
Cut-off Date: December 1, 1998.
Debt Service Reduction: As to any Mortgage Loan and any
Determination Date, the excess of (a) the then current Monthly Payment
for such Mortgage Loan over (b) the amount of the monthly payment of
principal and interest required to be paid by the Mortgagor as
established by a court of competent jurisdiction as a result of a
proceeding initiated by or against the related Mortgagor under the
Bankruptcy Code, as amended from time to time (11 U.S.C.).
Deceased Holder: With respect to a Holder of a Class A12 or Class
A14 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, if any, listed on Exhibit M
hereto.
Designated Telerate Page: The Dow Jones Telerate Service page
3750 (or such other page as may replace page 3750 on that service or
such other service as may be nominated by the BBA for the purpose of
displaying the Interest Settlement Rates).
Determination Date: With respect to any Distribution Date, the
fifth Business Day prior thereto.
Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage
Rate less than 6.25% 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 Junior Certificate.
Event of Default: An event described in Section 7.01.
Excess Bankruptcy Loss: Any Deficient Valuation or Debt Service
Reduction, or portion thereof, (i) occurring after the Bankruptcy
Coverage Termination Date or (ii) if on such date, in excess of the
then-applicable Bankruptcy Loss Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, (i)
occurring after the Fraud Coverage Termination Date or (ii) if on such
date, in excess of the then-applicable Fraud Loss Amount.
Excess Loss: Any Excess Bankruptcy Loss, Excess Fraud Loss or
Excess Special Hazard Loss.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion
thereof, (i) occurring after the Special Hazard Termination Date or
(ii) if on such date, in excess of the then-applicable Special Hazard
Loss Amount.
FDIC: The Federal Deposit Insurance Corporation, or its successor
in interest.
FHLMC: The Federal Home Loan Mortgage Corporation or its
successor in interest.
Financial Intermediary: A broker, dealer, bank or other financial
institution or other Person that clears through or maintains a
custodial relationship with a Depository Participant.
Fitch: Fitch IBCA, Inc. and its successors.
Fitch Formula Amount: As to each Anniversary Determination Date,
the greater of (i) $50,000 and (ii) the product of (x) the greatest
Assumed Monthly Payment Reduction for any Non-Primary Residence Loan
whose original principal balance was 80% or greater of the Original
Value thereof, (y) the weighted average remaining term to maturity
(expressed in months) of all the Non-Primary Residence Loans remaining
in the Mortgage Pool as of such Anniversary Determination Date, and
(z) the sum of (A) one plus (B) the number of all remaining
Non-Primary Residence Loans divided by the total number of Outstanding
Mortgage Loans as of such Anniversary Determination Date.
FNMA: The Federal National Mortgage Association or its successor
in interest.
Formula Amount: As to each Anniversary Determination Date, the
greater of (i) $100,000 and (ii) the product of (x) 0.06% and (y) the
Scheduled Principal Balance of each Mortgage Loan remaining in the
Mortgage Pool whose original principal balance was 75% or greater of
the Original Value thereof.
Fraud Coverage Termination Date: The Distribution Date upon which
the related Fraud Loss Amount has been reduced to zero or a negative
number (or the Cross-Over Date, if earlier).
Fraud Loss: Any Realized Loss attributable to fraud in the
origination of the related Mortgage Loan.
Fraud Loss Amount: As of any Distribution Date after the Cut-off
Date, (x) prior to the first anniversary of the Cut-off Date, an
amount equal to $10,006,187 minus the aggregate amount of Fraud Losses
that would have been allocated to the Junior Certificates in
accordance with Section 4.03 in the absence of the Loss Allocation
Limitation since the Cut-off Date, and (y) from the first to the fifth
anniversary of the Cut-off Date, an amount equal to (1) the lesser of
(a) the Fraud Loss Amount as of the most recent anniversary of the
Cut-off Date and (b) 1% (from the first to but excluding the third
anniversaries of the Cut-off Date) or 0.5% (from and including the
third to but excluding the fifth anniversaries of the Cut-off Date) of
the aggregate outstanding principal balance of all of the Mortgage
Loans as of the most recent anniversary of the Cut-off Date minus (2)
the Fraud Losses that would have been allocated to the Junior
Certificates in accordance with Section 4.03 in the absence of the
Loss Allocation Limitation since the most recent anniversary of the
Cut-off Date. On or after the fifth anniversary of the Cut-off Date
the Fraud Loss Amount shall be zero.
Group I Final Distribution Date: The Distribution Date on which
the aggregate Certificate Principal Balance of the Group I Senior
Certificates (other than the Class A4 Certificates) is reduced to
zero.
Group I Senior Certificate: Any Class A1, Class A2, Class A4,
Class A5, Class A6, Class A8, Class A9, Class A10, Class A11, Class
A12, Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21, Class A22 or Class R Certificate.
Group II Senior Certificate: Any Class A3 or Class A7
Certificate.
Group II Senior Distribution Percentage: 0% through the
Distribution Date in December 2003; 30% thereafter through the
Distribution Date in December 2004; 40% thereafter through the
Distribution Date in December 2005; 60% thereafter through the
Distribution Date in December 2006; 80% thereafter through the
Distribution Date in December 2007; and 100% thereafter.
Initial Certificate Principal Balance: With respect to any
Certificate, other than a Notional Certificate, the Certificate
Principal Balance of such Certificate or any predecessor Certificate
on the Closing Date.
Initial LIBOR Rate: 5.375%.
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 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 Loss: (i) With respect to any Realized Loss, the excess
of accrued and unpaid interest due on the related Mortgage Loan over
the amount allocated to interest thereon in accordance with Section
3.08(d), and (ii) with respect to any Debt Service Reduction and any
calendar month, the reduction in the amount of interest due on the
related Mortgage Loan during such month as a result of the relevant
bankruptcy proceeding.
The amount of any Interest Loss described in clause (i) of the
preceding paragraph will be allocated among the Base Servicing Fee,
the Supplemental Servicing Fee and the Certificates in accordance with
Section 3.08(d). The amount of any Interest Loss described in clause
(ii) of the preceding paragraph will be allocated among the Base
Servicing Fee, the Supplemental Servicing Fee and the Certificates in
proportion to the amount of interest that would have been allocated to
the Base Servicing Fee at the Base Servicing Fee Rate, the
Supplemental Servicing Fee at the Supplemental Servicing Fee Rate and
interest at the Remittance Rate, respectively, in the absence of the
Debt Service Reduction.
Interest Settlement Rate: With respect to any Interest Accrual
Period, the rate (expressed as a percentage per annum) for one-month
U.S. Dollar deposits reported by the BBA at 11:00 a.m. London time on
the related LIBOR Determination Date and as it appears on the
Designated Telerate Page.
Interest Shortfall: With respect to any Distribution Date and
each Mortgage Loan that during the related Prepayment Period was the
subject of a Voluntary Principal Prepayment or constitutes a Relief
Act Mortgage Loan, an amount determined as follows:
(A) partial principal prepayments: one month's interest at
the applicable Net Mortgage Rate on the amount of such
prepayment;
(B) principal prepayments in full received on or after the
sixteenth day of the month preceding the month of such
Distribution Date (or, in the case of the first Distribution
Date, on or after the Cut-off Date) but on or before the last day
of the month preceding the month of such Distribution Date, the
difference between (i) one month's interest at the applicable Net
Mortgage Rate on the Scheduled Principal Balance of such Mortgage
Loan immediately prior to such prepayment and (ii) the amount of
interest for the calendar month of such prepayment (adjusted to
the applicable Net Mortgage Rate) received at the time of such
prepayment;
(C) principal prepayments in full received by the Company
(or of which the Company receives notice, in the case of a
Mortgage Loan serviced by a Primary Servicer) on or after the
first day but on or before the fifteenth day of the month of such
Distribution Date: none; and
(D) Relief Act Mortgage Loans: As to any Relief Act Mortgage
Loan, the excess of (i) 30 days' interest (or, in the case of a
Principal Prepayment in full, interest to the date of prepayment)
on the Scheduled Principal Balance thereof (or, in the case of a
Principal Prepayment in part, on the amount so prepaid) at the
related Net Mortgage Rate over (ii) 30 days' interest (or, in the
case of a Principal Prepayment in full, interest to the date of
prepayment) on such Scheduled Principal Balance (or, in the case
of a Principal Prepayment in part, on the amount so prepaid) at
the Net Mortgage Rate required to be paid by the Mortgagor as
limited by application of the Relief Act.
For purposes of the definitions of Net Interest Shortfall and
Supplemental Servicing Fee, the amount of any Interest Shortfall shall
be allocated between the Certificates and the Supplemental Servicing
Fee in proportion to the amount of interest that would have been
allocated to the Certificates (at the Remittance Rate) and the
Supplemental Servicing Fee (at the Supplemental Servicing Fee Rate),
respectively, in the absence of such Interest Shortfall.
Junior Certificate: Any Class M or Class B Certificate.
Junior Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum of the following (but in no event greater than
the aggregate Certificate Principal Balance of the Junior Certificates
immediately prior to such Distribution Date):
(i) the Junior Percentage of the applicable Non-PO Percentage of
the principal portion of each Monthly Payment due on the related Due
Date on each Outstanding Mortgage Loan as of such Due Date as
specified in the amortization schedule at the time applicable thereto
(after adjustment for previous Principal Prepayments and the principal
portion of Debt Service Reductions subsequent to the Bankruptcy
Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (other than as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the
related Prepayment Period, and 100% of any Senior Optimal Principal
Amount not distributed to the Senior Certificates on such Distribution
Date, together with the Junior Prepayment Percentage of the applicable
Non-PO Percentage of the Scheduled Principal Balance of each Mortgage
Loan which was the subject of a Voluntary Principal Prepayment in full
during the related Prepayment Period;
(iii) the excess, if any, of (x) the applicable Non-PO Percentage
of the sum of (A) all Net Liquidation Proceeds allocable to principal
received during the related Prepayment Period (other than in respect
of Mortgage Loans described in clause (B)) and (B) the principal
balance of each Mortgage Loan that was purchased by an insurer from
the Trustee during the related Prepayment Period pursuant to the
related Primary Insurance Policy, over (y) the amount distributable
pursuant to clause (iii) of the definition of Senior Optimal Principal
Amount on such Distribution Date;
(iv) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan
which was purchased on such Distribution Date pursuant to Section
2.02, 2.03(a) or 3.16; and
(v) the Junior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan
substituted during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof.
After the Class Certificate Principal Balances of the Junior
Certificates have been reduced to zero, the Junior Optimal Principal
Amount shall be zero.
Junior Percentage: As to any Distribution Date, the excess of
100% over the Senior Percentage for such Distribution Date.
Junior Prepayment Percentage: As to any Distribution Date, the
excess of 100% over the Senior Prepayment Percentage for such
Distribution Date, except that (i) after the aggregate Certificate
Principal Balance of the Senior Certificates other than the Class PO
Certificates has been reduced to zero, the Junior Prepayment
Percentage shall be 100%, and (ii) after the Cross-Over Date, the
Junior Prepayment Percentage shall be zero.
Latest Possible Maturity Date: December 25, 2030.
LIBOR: With respect to any Interest Accrual Period, the per annum
rate determined, pursuant to Section 5.08, on the basis of the
Interest Settlement Rate or as otherwise provided in such Section.
LIBOR Certificate: Any Class A2 or Class A15 Certificate.
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 Class A12 or Class A14
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).
MLCC: Merrill Lynch Credit Corporation, or its successor in
interest.
Monthly Advance: With respect to any Distribution Date, the
aggregate of the advances required to be made by the Company pursuant
to Section 4.04(a) (or by the Trustee pursuant to Section 4.04(b)) on
such Distribution Date, the amount of any such Monthly Advance being
equal to (a) the aggregate of payments of principal and interest
(adjusted to the related Remittance Rate) on the Mortgage Loans that
were due on the related Due Date, without regard to any arrangements
entered into by the Company with the related Mortgagors pursuant to
Section 3.02(a)(ii), and delinquent as of the close of business on the
Business Day next preceding the related Determination Date, less (b)
the amount of any such payments which the Company or the Trustee, as
applicable, in its reasonable judgment believes will not be ultimately
recoverable by it either out of late payments by the Mortgagor, Net
Liquidation Proceeds, Insurance Proceeds, REO Proceeds or otherwise.
With respect to any Mortgage Loan, the portion of any such advance or
advances made with respect thereto.
Monthly Payment: The scheduled monthly payment on a Mortgage Loan
for any month allocable to principal or interest on such Mortgage
Loan.
Moody's: Moody's Investors Service, Inc. and its successors.
Mortgage: The mortgage or deed of trust creating a first lien on
a fee simple interest or leasehold estate in real property securing a
Mortgage Note.
Mortgage 100SM Loan: A Mortgage Loan identified on Exhibit N
hereof that has a Loan-to-Value Ratio at origination in excess of
80.00% and that is secured by Additional Collateral and does not have
a Primary Insurance Policy.
Mortgage File: The mortgage documents listed in Section 2.01
pertaining to a particular Mortgage Loan and any additional documents
required to be added to such documents pursuant to this Agreement.
Mortgage Loan Payment Record: The record maintained by the
Company pursuant to Section 3.02(b).
Mortgage Loan Schedule: As of any date of determination, the
schedule of Mortgage Loans included in the Trust Fund. The initial
schedule of Mortgage Loans as of the Cut-off Date is attached hereto
as Exhibit C.
Mortgage Loans: As of any date of determination, each of the
mortgage loans identified on the Mortgage Loan Schedule (as amended
pursuant to Section 2.03(b)) delivered and assigned to the Trustee
pursuant to Section 2.01 or 2.03(b), and not theretofore released from
the Trust Fund by the Trustee.
Mortgage Note: With respect to any Mortgage Loan, the note or
other evidence of indebtedness (which may consist of a Confirmatory
Mortgage Note) evidencing the indebtedness of a Mortgagor under such
Mortgage Loan.
Mortgage Pool: The aggregate of the Mortgage Loans identified in
the Mortgage Loan Schedule.
Mortgage Rate: The per annum rate of interest borne by a Mortgage
Loan as set forth in the related Mortgage Note.
Mortgaged Property: The underlying real property securing the
Mortgage Loan, or with respect to a Cooperative Loan, the related
Proprietary Lease and Cooperative Stock.
Mortgagor: With respect to any Mortgage Loan, each obligor on the
related Mortgage Note.
Net Interest Shortfall: With respect to any Distribution Date,
the excess, if any, of the aggregate Interest Shortfalls allocable to
the Certificates (as determined in accordance with the definition of
Interest Shortfall) for such Distribution Date over any Compensating
Interest Payment for such date.
Net Liquidation Proceeds: As to any Liquidated Mortgage Loan, the
sum of (i) any Liquidation Proceeds therefor less the related
Liquidation Expenses, and (ii) any Insurance Proceeds therefor, other
than any such Insurance Proceeds applied to the restoration of the
related Mortgaged Property.
Net Mortgage Rate: With respect to any Mortgage Loan, the related
Mortgage Rate less the applicable Base Servicing Fee Rate.
Non-Book-Entry Certificate: Any Certificate other than a
Book-Entry Certificate.
Non-Credit Loss: Any Fraud Loss, Special Hazard Loss or Deficient
Valuation.
Non-Discount Mortgage Loan: Any Mortgage Loan with a Net Mortgage
Rate greater than or equal to 6.25% per annum.
Non-permitted Foreign Holder: As defined in Section 5.02(b).
Non-PO Percentage: As to any Discount Mortgage Loan, a fraction
(expressed as a percentage), the numerator of which is the Net
Mortgage Rate of such Discount Mortgage Loan and the denominator of
which is 6.25%. As to any Non-Discount Mortgage Loan, 100%.
Non-Primary Residence Loan: Any Mortgage Loan secured by a
Mortgaged Property that is (on the basis of representations made by
the Mortgagors at origination) a second home or investor-owned
property.
Nonrecoverable Advance: All or any portion of any Monthly Advance
or Monthly Advances previously made by the Company (or the Trustee)
which, in the reasonable judgment of the Company (or, as applicable,
the Trustee) will not be ultimately recoverable from related Net
Liquidation Proceeds, Insurance Proceeds, REO 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: None.
Notional Component: None.
Notional Component Balance: None.
Notional Principal Balance: As to any Distribution Date and any
Notional Certificate, such Notional Certificate's Percentage Interest
of the aggregate Notional Principal Balance of the Notional
Certificates of the same Class for such Distribution Date.
Officer's Certificate: A certificate signed by the President, a
Senior Vice President or a Vice President of the Company and delivered
to the Trustee.
Opinion of Counsel: A written opinion of counsel, who may be
counsel for the Company; provided, however, that any Opinion of
Counsel with respect to the interpretation or application of the REMIC
Provisions or the status of an account as an Eligible Account shall be
the opinion of independent counsel satisfactory to the Trustee.
Original Subordinate Principal Balance: As set forth in the
definition of Senior Prepayment Percentage.
Original Value: The value of the property underlying a Mortgage
Loan based, in the case of the purchase of the underlying Mortgaged
Property, on the lower of an appraisal satisfactory to the Company or
the sales price of such property or, in the case of a refinancing, on
an appraisal satisfactory to the Company.
Outstanding Mortgage Loan: With respect to any Due Date, a
Mortgage Loan which, prior to such Due Date, was not the subject of a
Principal Prepayment in full, did not become a Liquidated Mortgage
Loan and was not purchased pursuant to Section 2.02, 2.03(a) or 3.16
or replaced pursuant to Section 2.03(b).
Outstanding Non-Discount Mortgage Loan: Any Outstanding Mortgage
Loan that is a Non-Discount Mortgage Loan.
PAC Balance: As to any Distribution Date and any Class of PAC
Certificates and any PAC Component, the balance designated as such for
such Distribution Date and such Class or Component as set forth in the
Principal Balance Schedules.
PAC Certificate: None.
PAC Component: None.
Parent PowerSM Loan: A Mortgage Loan identified on Exhibit N
hereto that has a Loan-to-Value Ratio at origination in excess of
80.00%, that is supported by Additional Collateral and does not have a
Primary Insurance Policy.
Pay-out Rate: With respect to any Class of Certificates (other
than any Class of Principal Only Certificates) and any Distribution
Date, the rate at which interest is distributed on such Class on such
Distribution Date and which is equal to a fraction (expressed as an
annualized percentage) the numerator of which is the Accrued
Certificate Interest for such Class and Distribution Date, and the
denominator of which is the Class Certificate Principal Balance (or,
in the case of the Notional Certificates, the Notional Principal
Balance) of such Class immediately prior to such Distribution Date.
Percentage Interest: With respect to any Certificate, the
percentage interest in the undivided beneficial ownership interest in
the Trust Fund evidenced by Certificates of the same Class as such
Certificate. With respect to any Certificate, the Percentage Interest
evidenced thereby shall equal the Initial Certificate Principal
Balance (or, in the case of a Notional Certificate, the initial
Notional Principal Balance) thereof divided by the aggregate Initial
Certificate Principal Balance (or, in the case of a Notional
Certificate, the aggregate initial Notional Principal Balance) of all
Certificates of the same Class.
Permitted Investments: One or more of the following; provided,
however, that no such Permitted Investment may mature later than the
Business Day preceding the Distribution Date after such investment
except as otherwise provided in Section 3.02(e) hereof, provided,
further, that such investments qualify as "cash flow investments" as
defined in section 860G(a)(6) of the Code:
(i) obligations of, or guaranteed as to timely receipt of
principal and interest by, the United States or any agency or
instrumentality thereof when such obligations are backed by the full
faith and credit of the United States;
(ii) repurchase agreements on obligations specified in clause (i)
provided that the unsecured obligations of the party agreeing to
repurchase such obligations are at the time rated by each Rating
Agency in the highest long-term rating category;
(iii) federal funds, certificates of deposit, time deposits and
banker's acceptances, of any U.S. depository institution or trust
company incorporated under the laws of the United States or any state
provided that the debt obligations of such depository institution or
trust company at the date of acquisition thereof have been rated by
each Rating Agency in the highest long-term rating category;
(iv) commercial paper of any corporation incorporated under the
laws of the United States or any state thereof which on the date of
acquisition has the highest short term rating of each Rating Agency;
and
(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, a fraction
(expressed as a percentage), the numerator of which is the excess of
6.25% over the Net Mortgage Rate of such Discount Mortgage Loan and
the denominator of which is 6.25%. As to any Non-Discount Mortgage
Loan, 0%.
PO Principal Distribution Amount: As to any Distribution Date, an
amount equal to the sum of the applicable PO Percentage of:
(i) the principal portion of each Monthly Payment due on the
related Due Date on each Outstanding Mortgage Loan as of such Due Date
as specified in the amortization schedule at the time applicable
thereto (after adjustments for previous Principal Prepayments and the
principal portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (except as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) all principal prepayments in part received during the
related Prepayment Period, together with the Scheduled Principal
Balance (as reduced by any Deficient Valuation occurring on or prior
to the Bankruptcy Coverage Termination Date) of each Mortgage Loan
which was the subject of a Voluntary Principal Prepayment in full
during the related Prepayment Period;
(iii) the sum of (A) all Net Liquidation Proceeds allocable to
principal received in respect of each Mortgage Loan that became a
Liquidated Mortgage Loan during the related Prepayment Period (other
than Mortgage Loans described in clause (B)) and (B) the principal
balance of each Mortgage Loan purchased by an insurer from the Trustee
pursuant to the related Primary Insurance Policy, in each case during
the related Prepayment Period;
(iv) the Scheduled Principal Balance (as reduced by any Deficient
Valuation occurring on or prior to the Bankruptcy Coverage Termination
Date) of each Mortgage Loan which was purchased on such Distribution
Date pursuant to Section 2.02, 2.03(a) or 3.16; and
(v) the Substitution Amount for any Mortgage Loan substituted
during the month of such Distribution Date; for purposes of this
clause (v), the definition of "Substitution Amount" shall be modified
to reduce the Scheduled Principal Balance of the Mortgage Loan that is
substituted for by any Deficient Valuation occurring on or prior to
the Bankruptcy Coverage Termination Date.
For purposes of clause (ii) above, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof.
Pool Scheduled Principal Balance: With respect to any
Distribution Date, the aggregate Scheduled Principal Balance of all
the Mortgage Loans that were Outstanding Mortgage Loans on the Due
Date in the month next preceding the month of such Distribution Date
(or, in the case of the first Distribution Date, the Cut-off Date; or,
if so specified, such other date).
Prepayment Assumption: The assumed fixed schedule of prepayments
on a pool of new mortgage loans with such schedule given as a monthly
sequence of prepayment rates, expressed as annualized percent values.
These values start at 0.2% per year in the first month, increase by
0.2% per year in each succeeding month until month 30, ending at 6.0%
per year. At such time, the rate remains constant at 6.0% per year for
the balance of the remaining term. Multiples of the Prepayment
Assumption are calculated from this prepayment rate series.
Prepayment Assumption Multiple: 275% of the Prepayment
Assumption.
Prepayment Distribution Trigger: As of any Distribution Date and
as to each Class of Class B Certificates, the related Prepayment
Distribution Trigger is satisfied if (x) the fraction, expressed as a
percentage, the numerator of which is the aggregate Class Certificate
Principal Balance of such Class and each Class subordinate thereto, if
any, on such Distribution Date, and the denominator of which is the
Pool Scheduled Principal Balance for such Distribution Date, equals or
exceeds (y) such percentage calculated as of the Closing Date.
Prepayment Interest Excess: As to any Voluntary Principal
Prepayment in full received from the first day through the fifteenth
day of any calendar month (other than the calendar month in which the
Cut-off Date occurs), all amounts paid in respect of interest on such
Principal Prepayment. For purposes of determining the amount of
Prepayment Interest Excess for any month, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof. All Prepayment Interest
Excess shall be retained by the Company, as servicer, as additional
servicing compensation.
Prepayment Period: With respect to any Distribution Date and any
Voluntary Principal Prepayment in part or other Principal Prepayment
other than a Voluntary Principal Prepayment in full, the calendar
month preceding the month of such Distribution Date; with respect to
any Distribution Date and any Voluntary Principal Prepayment in full,
the period beginning on the sixteenth day of the calendar month
preceding the month of such Distribution Date (or, in the case of the
first Distribution Date, beginning on the Cut-off Date) and ending on
the fifteenth day of the month in which such Distribution Date occurs.
Primary Insurance Policy: The certificate of private mortgage
insurance relating to a particular Mortgage Loan, or an electronic
screen print setting forth the information contained in such
certificate of private mortgage insurance, including, without
limitation, information relating to the name of the mortgage insurance
carrier, the certificate number, the loan amount, the property
address, the effective date of coverage, the amount of coverage and
the expiration date of the policy. Each such policy covers defaults by
the Mortgagor, which coverage shall equal the portion of the unpaid
principal balance of the related Mortgage Loan that exceeds 75% (or
such lesser coverage required or permitted by FNMA or FHLMC) of the
Original Value of the underlying Mortgaged Property.
Primary Servicer: Any servicer with which the Company has entered
into a servicing agreement, as described in Section 3.01(f).
Principal Balance Schedules: Any principal balance schedules
attached hereto, if applicable, as Exhibit B, setting forth the PAC
Balances of any PAC Certificates and PAC Components, the TAC Balances
of any TAC Certificates and TAC Components, 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 Class A12
or Class A14 Certificate, submitted in writing to a Depository
Participant or Financial Intermediary (or, if the Class A12 or Class
A14 Certificates are no longer represented by a Book-Entry
Certificate, to the Trustee) by the Certificate Owner (or
Certificateholder) of a Class A12 or Class A14 Certificate pursuant to
Section 4.10(c) or 4.10(g), as applicable.
Principal Only Certificate: Any Class A6 or Class PO Certificate.
Principal Only Component: None.
Principal Prepayment: Any payment or other recovery of principal
on a Mortgage Loan (including, for this purpose, any refinancing
permitted by Section 3.01 and any 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 December 22,
1998.
Prohibited Transaction Exemption: U.S. Department of Labor
Prohibited Transaction Exemption 90-29, 55 Fed. Reg. 21459, May 24,
1990.
Property Protection Expenses: With respect to any Mortgage Loan,
expenses paid or incurred by or for the account of the Company in
accordance with the related Mortgage for (a) real estate property
taxes and property repair, replacement, protection and preservation
expenses and (b) similar expenses reasonably paid or incurred to
preserve or protect the value of such Mortgage to the extent the
Company is not reimbursed therefor pursuant to the Primary Insurance
Policy, if any, or any other insurance policy with respect thereto.
Proprietary Lease: With respect to a Cooperative Loan, the
proprietary lease(s) or occupancy agreement with respect to the
Cooperative Apartment occupied by the Mortgagor and relating to the
related Cooperative Stock, which lease or agreement confers an
exclusive right to the holder of such Cooperative Stock to occupy such
apartment.
Purchase Price: With respect to any Mortgage Loan required or
permitted to be purchased hereunder from the Trust Fund, an amount
equal to 100% of the unpaid principal balance thereof plus interest
thereon at the applicable Mortgage Rate from the date to which
interest was last paid to the first day of the month in which such
purchase price is to be distributed; provided, however, that if the
Company is the servicer hereunder, such purchase price shall be net of
unreimbursed Monthly Advances with respect to such Mortgage Loan, and
the interest component of the Purchase Price may be computed on the
basis of the Remittance Rate for such Mortgage Loan.
QIB: A "qualified institutional buyer" as defined in Rule 144A
under the Securities Act of 1933, as amended.
Random Lot: With respect to any Distribution Date prior to the
Cross-Over Date, if the amount available for distribution in reduction
of the Class Certificate Principal Balance of either the Class A12 or
Class A14 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. Office of the Treasury
temporary or final regulations promulgated thereunder, as the
foregoing may be in effect from time to time, as well as provisions of
applicable state laws.
Remittance Rate: With respect to any Mortgage Loan, the related
Mortgage Rate less the sum of the applicable Base Servicing Fee Rate
and the Supplemental Servicing Fee Rate.
REO Mortgage Loan: Any Mortgage Loan which is not a Liquidated
Mortgage Loan and as to which the related Mortgaged Property is held
as part of the Trust Fund.
REO Proceeds: Proceeds, net of any related expenses of the
Company, received in respect of any REO Mortgage Loan (including,
without limitation, proceeds from the rental of the related Mortgaged
Property).
Required Surety Payment: With respect to any Pledged Asset
Mortgage Loan that becomes a Liquidated Mortgage Loan, the lesser of
(i) the principal portion of the Realized Loss with respect to such
Mortgage Loan and (ii) the excess, if any, of (a) the amount of
Additional Collateral required at origination with respect to such
Mortgage Loan which is covered by the Surety Bond over (b) the net
proceeds realized by MLCC from the liquidation of the related
Additional Collateral.
Reserve Fund: None.
Reserve Interest Rate: As defined in Section 5.08.
Residual Certificate: Any Class R Certificate.
Responsible Officer: When used with respect to the Trustee, any
officer or assistant officer assigned to and working in the Corporate
Trust Department of the Trustee and, also, with respect to a
particular matter, any other officer to whom such matter is referred
because of such officer's knowledge of and familiarity with the
particular subject.
Restricted Certificate: Any Restricted Junior Certificate or
Class PO Certificate.
Restricted Junior Certificate: Any Class B3, Class B4 or Class B5
Certificate.
Rounding Account: With respect to each of the Class A12 and Class
A14 Certificates, the respective segregated, non-interest bearing
Eligible Account created and maintained therefor pursuant to Section
4.10.
Rounding Amount: With respect to the Class A12 or Class A14
Certificates and each Distribution Date prior to the 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
Bankruptcy Coverage Termination Date, adjustments due to the
application of the Relief Act and the payment of principal due on such
Due Date, irrespective of any delinquency in payment by the related
Mortgagor. As to any Mortgage Loan and the Cut-off Date, the "unpaid
balance" thereof specified in the initial Mortgage Loan Schedule.
Security Agreement: With respect to a Cooperative Loan, the
agreement creating a security interest in favor of the originator in
the related Cooperative Stock and Proprietary Lease.
Senior Certificate: Any Certificate other than a Junior
Certificate.
Senior Certificate Principal Balance: As of any Distribution
Date, an amount equal to the sum of the Certificate Principal Balances
of the Senior Certificates (other than any Class PO Certificates).
Senior Optimal Principal Amount: As to any Distribution Date, an
amount equal to the sum of:
(i) the Senior Percentage of the applicable Non-PO Percentage of
the principal portion of each Monthly Payment due on the related Due
Date on each Outstanding Mortgage Loan as of such Due Date as
specified in the amortization schedule at the time applicable thereto
(after adjustments for previous Principal Prepayments and the
principal portion of Debt Service Reductions subsequent to the
Bankruptcy Coverage Termination Date but before any adjustment to such
amortization schedule by reason of any bankruptcy (except as
aforesaid) or similar proceeding or any moratorium or similar waiver
or grace period);
(ii) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of all principal prepayments in part received during the
related Prepayment Period, together with the Senior Prepayment
Percentage of the applicable Non-PO Percentage of the Scheduled
Principal Balance of each Mortgage Loan which was the subject of a
Voluntary Principal Prepayment in full during the related Prepayment
Period;
(iii) the lesser of (x) the Senior Percentage of the applicable
Non-PO Percentage of the sum of (A) the Scheduled Principal Balance of
each Mortgage Loan that became a Liquidated Mortgage Loan (other than
Mortgage Loans described in clause (B)) during the related Prepayment
Period and (B) the Scheduled Principal Balance of each Mortgage Loan
that was purchased by an insurer from the Trustee during the related
Prepayment Period pursuant to the related Primary Insurance Policy, as
reduced in each case by the Senior Percentage of the applicable Non-PO
Percentage of the principal portion of any Excess Losses (other than
Excess Bankruptcy Losses attributable to Debt Service Reductions), and
(y) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the sum of (A) all Net Liquidation Proceeds allocable to
principal received in respect of each such Liquidated Mortgage Loan
(other than Mortgage Loans described in clause (B)) and (B) the
principal balance of each such Mortgage Loan purchased by an insurer
from the Trustee pursuant to the related Primary Insurance Policy, in
each case during the related Prepayment Period;
(iv) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Scheduled Principal Balance of each Mortgage Loan
which was purchased on such Distribution Date pursuant to Section
2.02, 2.03(a) or 3.16; and
(v) the Senior Prepayment Percentage of the applicable Non-PO
Percentage of the Substitution Amount for any Mortgage Loan
substituted during the month of such Distribution Date.
For purposes of clause (ii) above, a Voluntary Principal
Prepayment in full with respect to a Mortgage Loan serviced by a
Primary Servicer shall be deemed to have been received when the
Company, as servicer, receives notice thereof.
Senior Percentage: As to any Distribution Date, the lesser of (i)
100% and (ii) the percentage (carried to six places rounded up)
obtained by dividing the Senior Certificate Principal Balance
immediately prior to such Distribution Date by an amount equal to the
sum of the Certificate Principal Balances of all the Certificates
other than any Class PO Certificates immediately prior to such
Distribution Date.
Senior Prepayment Percentage: For any Distribution Date occurring
prior to the fifth anniversary of the first Distribution Date, 100%.
For any Distribution Date occurring on or after the fifth anniversary
of the first Distribution Date, an amount as follows:
(i) for any Distribution Date subsequent to December 2003 to and
including the Distribution Date in December 2004, the Senior
Percentage for such Distribution Date plus 70% of the Junior
Percentage for such Distribution Date;
(ii) for any Distribution Date subsequent to December 2004 to and
including the Distribution Date in December 2005, the Senior
Percentage for such Distribution Date plus 60% of the Junior
Percentage for such Distribution Date;
(iii) for any Distribution Date subsequent to December 2005 to
and including the Distribution Date in December 2006, the Senior
Percentage for such Distribution Date plus 40% of the Junior
Percentage for such Distribution Date;
(iv) for any Distribution Date subsequent to December 2006 to and
including the Distribution Date in December 2007, the Senior
Percentage for such Distribution Date plus 20% of the Junior
Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage
for such Distribution Date.
Notwithstanding the foregoing, if on any Distribution Date the
Senior Percentage exceeds the Senior Percentage as of the Closing
Date, the Senior Prepayment Percentage for such Distribution Date will
equal 100%.
In addition, notwithstanding the foregoing, no reduction of the
Senior Prepayment Percentage below the level in effect for the most
recent prior period as set forth in clauses (i) through (iv) above
shall be effective on any Distribution Date unless at least one of the
following two tests is satisfied:
Test I: If, as of the last day of the month preceding such
Distribution Date, (i) the aggregate Scheduled Principal Balance of
Mortgage Loans delinquent 60 days or more (including for this purpose
any Mortgage Loans in foreclosure and REO Mortgage Loans) as a
percentage of the aggregate Class Certificate Principal Balance of the
Junior Certificates as of such date, does not exceed 50%, and (ii)
cumulative Realized Losses with respect to the Mortgage Loans do not
exceed (a) 30% of the aggregate Class Certificate Principal Balance of
the Junior Certificates as of the Closing Date (the "Original
Subordinate Principal Balance") if such Distribution Date occurs
between and including January 2004 and December 2004, (b) 35% of the
Original Subordinate Principal Balance if such Distribution Date
occurs between and including January 2005 and December 2005, (c) 40%
of the Original Subordinate Principal Balance if such Distribution
Date occurs between and including January 2006 and December 2006, (d)
45% of the Original Subordinate Principal Balance if such Distribution
Date occurs between and including January 2007 and December 2007 and
(e) 50% of the Original Subordinate Principal Balance if such
Distribution Date occurs during or after January 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 delinquent 60 days or more (including for this purpose
any Mortgage Loans in foreclosure and REO Mortgage Loans) averaged
over the last three months, as a percentage of the aggregate Scheduled
Principal Balance of Mortgage Loans averaged over the last three
months, does not exceed 4%, and (ii) cumulative Realized Losses with
respect to the Mortgage Loans do not exceed (a) 10% of the Original
Subordinate Principal Balance if such Distribution Date occurs between
and including January 2004 and December 2004, (b) 15% of the Original
Subordinate Principal Balance if such Distribution Date occurs between
and including January 2005 and December 2005, (c) 20% of the Original
Subordinate Principal Balance if such Distribution Date occurs between
and including January 2006 and December 2006, (d) 25% of the Original
Subordinate Principal Balance if such Distribution Date occurs between
and including January 2007 and December 2007, and (e) 30% of the
Original Subordinate Principal Balance if such Distribution Date
occurs during or after January 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, the
sum of (a) the Base Servicing Fee and (b) the Supplemental Servicing
Fee.
Servicing Officer: Any officer of the Company involved in, or
responsible for, the administration and servicing of the Mortgage
Loans whose name appears on a list of servicing officers attached to
an Officer's Certificate furnished to the Trustee by the Company, as
such list may from time to time be amended.
Single Certificate: A Certificate with an Initial Certificate
Principal Balance, or initial Notional Principal Balance, of $1,000
or, in the case of a Class of Certificates issued with an initial
Class Certificate Principal Balance or initial Notional Principal
Balance of less than $1,000, such lesser amount.
Special Hazard Loss: (i) A Realized Loss suffered by a Mortgaged
Property on account of direct physical loss, exclusive of (a) any loss
covered by a hazard policy or a flood insurance policy required to be
maintained in respect of such Mortgaged Property under Section 3.06
and (b) any loss caused by or resulting from:
(A) normal wear and tear;
(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 $10,006,187 minus the sum of (i) the aggregate amount
of Special Hazard Losses that would have been allocated to the Junior
Certificates in accordance with Section 4.03 in the absence of the
Loss Allocation Limitation and (ii) the Adjustment Amount (as defined
below) as most recently calculated. On each anniversary of the Cut-off
Date, the "Adjustment Amount" shall be equal to the amount, if any, by
which the amount calculated in accordance with the preceding sentence
(without giving effect to the deduction of the Adjustment Amount for
such anniversary) exceeds the lesser of (x) the greater of (A) the
product of the Special Hazard Percentage for such anniversary
multiplied by the outstanding principal balance of all the Mortgage
Loans on the Distribution Date immediately preceding such anniversary
and (B) twice the outstanding principal balance of the Mortgage Loan
which has the largest outstanding principal balance on the
Distribution Date immediately preceding such anniversary, and (y) an
amount calculated by the Company and approved by each Rating Agency,
which amount shall not be less than $500,000.
Special Hazard Percentage: As of each anniversary of the Cut-off
Date, the greater of (i) 1.00% and (ii) the largest percentage
obtained by dividing (x) the aggregate outstanding principal balance
(as of the immediately preceding Distribution Date) of the Mortgage
Loans secured by Mortgaged Properties located in a single, five-digit
zip code area in the State of California by (y) the outstanding
principal balance of all the Mortgage Loans as of the immediately
preceding Distribution Date.
Special Hazard Termination Date: The Distribution Date upon which
the Special Hazard Loss Amount has been reduced to zero or a negative
number (or the Cross-Over Date, if earlier).
Specified Component: None.
Startup Day: As defined in Section 2.05(b).
Subordinate Certificates: As to any date of determination, first,
the Class B5 Certificates until the Class Certificate Principal
Balance thereof has been reduced to zero; second, the Class B4
Certificates until the Class Certificate Principal Balance thereof has
been reduced to zero; third, the Class B3 Certificates until the Class
Certificate Principal Balance thereof has been reduced to zero;
fourth, the Class B2 Certificates until the Class Certificate
Principal Balance thereof has been reduced to zero; fifth, the Class
B1 Certificates until the Class Certificate Principal Balance thereof
has been reduced to zero; and sixth, the Class M Certificates until
the Class Certificate Principal Balance thereof has been reduced to
zero.
Subordinate Certificate Writedown Amount: As to any Distribution
Date, first, any amount distributed to the Class PO Certificates on
such Distribution Date pursuant to Section 4.01(a)(iv) and second,
after giving effect to the application of clause first above, the
amount by which (i) the sum of the Class Certificate Principal
Balances of all the Certificates (after giving effect to the
distribution of principal and the application of Realized Losses in
reduction of the Certificate Principal Balances of the related
Certificates on such Distribution Date) exceeds (ii) the Pool
Scheduled Principal Balance on the first day of the month of such
Distribution Date less any Deficient Valuations occurring on or prior
to the Bankruptcy Coverage Termination Date.
Substitution Amount: With respect to any Mortgage Loan
substituted pursuant to Section 2.03(b), the excess of (x) the
Scheduled Principal Balance of the Mortgage Loan that is substituted
for, over (y) the Scheduled Principal Balance of the related
substitute Mortgage Loan, each balance being determined as of the date
of substitution.
Supplemental Servicing Fee: As to any Mortgage Loan and
Distribution Date, an amount equal to the product of (i) the Scheduled
Principal Balance of such Mortgage Loan as of the Due Date in the
preceding calendar month and (ii) the Supplemental Servicing Fee Rate
for such Mortgage Loan. The Supplemental Servicing Fee for any
Distribution Date shall be reduced by its allocable share of Interest
Shortfalls (as provided in the definition thereof) and any Interest
Losses (in accordance with Section 3.08(d)).
Supplemental Servicing Fee Rate: As to any Mortgage Loan and
Distribution Date, a fixed rate per annum equal to the excess, if any,
of the Net Mortgage Rate thereof over 6.25%.
Surety: Ambac Assurance Corporation, or its successors in
interest.
Surety Bond: The Limited Purpose Surety Bond (Policy No.
AB0039BE), dated February 28, 1996, issued by the Surety for the
benefit of certain beneficiaries, including the Trustee for the
benefit of the Holders of the Certificates, but only to the extent
that such Limited Purpose Surety Bond covers any Pledged Asset
Mortgage Loans.
TAC Balance: As to any Distribution Date and any Class of TAC
Certificates and any TAC Component, the balance designated as such for
such Distribution Date and such Class or Component as set forth in the
Principal Balance Schedules attached as Exhibit B hereto.
TAC Certificates: None.
TAC Component: None.
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(f) herein.
Uninsured Cause: Any cause of damage to property subject to a
Mortgage such that the complete restoration of the property is not
fully reimbursable by the hazard insurance policies required to be
maintained pursuant to Section 3.06.
Unpaid Class Interest Shortfall: As to any Distribution Date and
any Class of Certificates (other than any Class of Principal Only
Certificates and any Class consisting of Specified Components) or any
Specified Component (other than any Principal Only Component), the
amount, if any, by which the aggregate of the Class Interest
Shortfalls for such Class or in respect of such Specified Component
for prior Distribution Dates is in excess of the aggregate amounts
distributed on prior Distribution Dates to Holders of such Class of
Certificates or in respect of such Specified Component (or added to
the Class Certificate Principal Balance of any Class of Accrual
Certificates, or to the Component Principal Balance of any Accrual
Component constituting a Specified Component) pursuant to Section
4.01(a)(ii), in the case of the Senior Certificates (other than any
Class of Principal Only Certificates) and any Specified Component
thereof (other than any Principal Only Component), Section
4.01(a)(vi), in the case of the Class M Certificates, Section
4.01(a)(ix), in the case of the Class B1 Certificates, Section
4.01(a)(xii), in the case of the Class B2 Certificates, Section
4.01(a)(xv), in the case of the Class B3 Certificates, Section
4.01(a)(xviii), in the case of the Class B4 Certificates, and Section
4.01(a)(xxi), in the case of the Class B5 Certificates. As to any
Class of Certificates consisting of Specified Components and any
Distribution Date, the sum of the Unpaid Class Interest Shortfalls for
the Specified Components thereof on such date.
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, 100% of all Voting Rights shall be allocated among the
Classes (and among the Certificates within each Class of Certificates)
in proportion to their Class Certificate Principal Balances (or
Certificate Principal Balances or Notional Principal Balances), as the
case may be.
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
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 Certificate Account pursuant to Section
3.02(d) on the Business Day prior to the applicable Distribution Date and, upon
receipt by the Trustee of written notification of such deposit signed by a
Servicing Officer, the Trustee shall release or cause to be released to the
Company the related Mortgage File and shall execute and deliver or cause to be
executed and delivered such instruments of transfer or assignment, in each case
without recourse, as shall be necessary to vest in the Company any Mortgage Loan
released pursuant hereto. It is understood and agreed that the obligation of the
Company to repurchase or replace any Mortgage Loan as to which a material defect
in a constituent document exists shall constitute the sole remedy respecting
such defect available to Certificateholders or the Trustee on behalf of
Certificateholders.
Upon receipt by the Trustee of the Mortgage Note with respect to a
Designated Loan that is not defective in accordance with the fifth sentence of
the preceding paragraph, the related Lost Note Affidavit delivered pursuant to
Section 2.01 shall be void and the Trustee shall return it to the Company.
Section 2.03. Representations and Warranties of the Company; Mortgage Loan
Repurchase. (a) The Company hereby represents and warrants to the Trustee that:
(i) The information set forth in Exhibit C hereto was true and
correct in all material respects at the date or dates respecting which
such information is furnished;
(ii) As of the date of the initial issuance of the Certificates,
other than with respect to Cooperative Loans, each Mortgage is a valid
and enforceable first lien on the property securing the related
Mortgage Note subject only to (a) the lien of current real property
taxes and assessments, (b) covenants, conditions and restrictions,
rights of way, easements and other matters of public record as of the
date of recording of such 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) No more than 1.0% of the Mortgage Loans constitute Pledged
Asset Mortgage Loans. The Loan-to-Value Ratio of each Mortgage Loan
(other than Pledged Asset Mortgage Loans) was not more than 95.000%.
Each Mortgage Loan which 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 6.1250% per annum and not
greater than 9.2500% per annum. The Mortgage Rate of each Mortgage
Note is fixed for the life of the related Mortgage Loan;
(xiii) Other than with respect to Cooperative Loans, the
improvements on the Mortgaged Properties are insured against loss
under a hazard insurance policy with extended coverage and conforming
to the requirements of Section 3.06 hereof. As of the date of initial
issuance of the Certificates, all such insurance policies are in full
force and effect;
(xiv) As of the Cut-off Date, (i) no more than 12.50% of the
Mortgage Loans by Scheduled Principal Balance had a Scheduled
Principal Balance of more than $500,000 and up to and including
$750,000; (ii) no more than 3.75% of the Mortgage Loans by Scheduled
Principal Balance had a Scheduled Principal Balance of more than
$750,000 and up to and including $1,000,000; and (iii) no more than
0.60% of the Mortgage Loans by Scheduled Principal Balance had a
Scheduled Principal Balance of more than $1,000,000;
(xv) As of the Cut-off Date, no more than 0.80% of the Mortgage
Loans by Scheduled Principal Balance are secured by Mortgaged
Properties located in any one postal zip code area;
(xvi) As of the Cut-off Date, at least 97.75% of the Mortgage
Loans by Scheduled Principal Balance are secured by Mortgaged
Properties determined by the Company to be the primary residence of
the Mortgagor. The basis for such determination is the making of a
representation by the Mortgagor at origination that he or she intends
to occupy the underlying property;
(xvii) As of the Cut-off Date, at least 94.50% of the Mortgage
Loans by Scheduled Principal Balance are secured by one-family
detached residences;
(xviii) As of the Cut-off Date, no more than 3.00% of the
Mortgage Loans by Scheduled Principal Balance are secured by
condominiums and, as of the Cut-off Date, no more than 1.25% of the
Mortgage Loans by Scheduled Principal Balance are secured by two- to
four-family residential properties. As to each condominium or related
Mortgage Loan, (a) the related condominium is in a project that is on
the FNMA or FHLMC approved list, (b) the related condominium is in a
project that, upon submission of appropriate application, could be so
approved by either FNMA or FHLMC, (c) the related Mortgage Loan meets
the requirements for purchase by FNMA or FHLMC, (d) the related
Mortgage Loan is of the type that could be approved for purchase by
FNMA or FHLMC but for the principal balance of the related Mortgage
Loan or the pre-sale requirements or (e) the related Mortgage Loan has
been approved by a nationally recognized mortgage pool insurance
company for coverage under a mortgage pool insurance policy issued by
such insurer. As of the Cut-off Date, no more than 0.25% of the
Mortgage Loans by Scheduled Principal Balance are secured by
condominiums located in any one postal zip code area;
(xix) Other than with respect to Cooperative Loans, no Mortgage
Loan is secured by a leasehold interest in the related Mortgaged
Property and each Mortgagor holds fee title to the related Mortgaged
Property;
(xx) As of the Cut-off Date, no more than 0.25% of the Mortgage
Loans by Scheduled Principal Balance constituted Buydown Mortgage
Loans. The maximum Buydown Period for any Buydown Mortgage Loan is
three years, and the maximum difference between the stated Mortgage
Rate of any Buydown Mortgage Loan and the rate paid by the related
Mortgagor is three percentage points. The portion of the interest rate
paid by the related Mortgagor will not increase by more than one
percentage point for each six-month period.
(xxi) The original principal balances of the Mortgage Loans range
from $111,000 to $1,400,000;
(xxii) As of the Cut-off Date, no more than 2.00% of the Mortgage
Loans by Scheduled Principal Balance are secured by second homes and
no more than 0.50% of the Mortgage Loans by Scheduled Principal
Balance are secured by investor-owned properties;
(xxiii) All appraisals have been prepared substantially in
accordance with the description contained under the caption "The Trust
Fund - The Mortgage Loans" in the Company's prospectus dated October
22, 1998, accompanying the Prospectus Supplement dated December 22,
1998, 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, by Scheduled Principal Balance, are Cooperative Loans. With
respect to each Cooperative Loan:
(A) The Security Agreement creates a first lien in the stock
ownership and leasehold rights associated with the related
Cooperative Apartment;
(B) The lien created by the related Security Agreement is a
valid, enforceable and subsisting first priority security
interest in the related Cooperative Stock securing the related
Mortgage Note, subject only to (a) liens of the Cooperative for
unpaid assessments representing the Mortgagor's pro rata share of
the Cooperative's payments for its blanket mortgage, current and
future real property taxes, insurance premiums, maintenance fees
and other assessments to which like collateral is commonly
subject and (b) other matters to which like collateral is
commonly subject which do not materially interfere with the
benefits of the security intended to be provided by the Security
Agreement. There are no liens against or security interest in the
Cooperative Stock relating to such Cooperative Loan (except for
unpaid maintenance, assessments and other amounts owed to the
related Cooperative which individually or in the aggregate do not
have a material adverse effect on such Cooperative Loan), which
have priority over the Trustee's security interest in such
Cooperative Stock;
(C) The Cooperative Stock that is pledged as security for
the Mortgage Loan is held by a person as a "tenant-stockholder"
within the meaning of section 216 of the Code, the related
Cooperative that owns title to the related cooperative apartment
building is a "cooperative 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
Remittance Rate, to be deposited by the Company in the Certificate Account
pursuant to Section 2.02), (b) have a Mortgage Rate not less than, and not more
than one percentage point greater than, the Mortgage Rate of the Defective
Mortgage Loan, (c) have the same Net Mortgage Rate as the Defective Mortgage
Loan, (d) have a remaining term to stated maturity not later than, and not more
than one year less than, the remaining term to stated maturity of the Defective
Mortgage Loan, (e) be, in the reasonable determination of the Company, of the
same type, quality and character as the Defective Mortgage Loan as if the defect
or breach had not occurred, (f) have a ratio of its current principal amount to
its Original Value not greater than that of the removed Mortgage Loan and (g)
be, in the reasonable determination of the Company, in compliance with the
representations and warranties contained in Section 2.03(a) as of the date of
substitution.
The Company shall amend the Mortgage Loan Schedule to reflect the
withdrawal of any Defective Mortgage Loan and the substitution of a substitute
Mortgage Loan therefor. Upon such amendment the Company shall be deemed to have
made as to such substitute Mortgage Loan the representations and warranties set
forth in Section 2.03(a) as of the date of such substitution, which shall be
continuing as long as any Certificate shall be outstanding or this Agreement has
not been terminated, and the remedies for breach of any such representation or
warranty shall be as set forth in Section 2.03(a). Upon such amendment, the
Trustee shall review the Mortgage File delivered to it relating to the
substitute Mortgage Loan, within the time and in the manner and with the
remedies specified in Section 2.02, except that for purposes of this Section
2.03(b) (other than the two-year period specified in the first sentence of the
preceding paragraph of this Section 2.03(b)), such time shall be measured from
the date of the applicable substitution.
Section 2.04. Execution of Certificates. The Trustee has caused to be
executed, countersigned and delivered to or upon the order of the Company, in
exchange for the Mortgage Loans, the Certificates in authorized denominations
evidencing the entire ownership of the Trust Fund.
Section 2.05. Designations under the REMIC Provisions. (a) The Company
hereby designates the Classes of Certificates identified in Section 5.01(b),
other than the Residual Certificates, as "regular interests," and the Class R
Certificate as the single class of "residual interest," in the REMIC established
hereunder for purposes of the REMIC Provisions.
(b) The Closing Date will be the "Startup Day" for the REMIC established
hereunder for purposes of the REMIC Provisions.
(c) The "tax matters person" with respect to the REMIC established
hereunder for purposes of the REMIC Provisions shall be (i) the Company, if the
Company is the owner of a Class R Certificate, or (ii) in any other case, the
beneficial owner of the Class R Certificate having the largest Percentage
Interest of such Class; provided, however, that such largest beneficial owner
and, to the extent relevant, each other holder of a Class R Certificate, by its
acceptance thereof irrevocably appoints the Company as its agent and
attorney-in-fact to act as "tax matters person" with respect to the REMIC
established hereunder for purposes of the REMIC Provisions.
(d) The "latest possible maturity date" of the regular interests in the
REMIC established hereunder is the Latest Possible Maturity Date for purposes of
section 860G(a)(1) of the Code.
(e) In the event that the Servicing Fee exceeds the amount reasonable for
such services (within the meaning of Treasury Regulation 1.860D-1(b)(1)(ii)),
the portion or portions of such fee that can be measured as a fixed number of
basis points on some or all of the Mortgage Loans and can be treated as one or
more stripped coupons within the meaning of Treasury Regulation
1.860D-1(b)(2)(iii) shall be treated as such stripped coupons and shall not be
treated as a REMIC asset.
ARTICLE III
ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
Section 3.01. Company to Act as Servicer. (a) It is intended that the REMIC
established hereunder shall constitute, and that the affairs of the REMIC shall
be conducted so as to qualify the Trust Fund (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 the Trust Fund 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 the 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 the 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 the
REMIC established hereunder, to be treated as a REMIC, and make the
appropriate designations, if applicable, in accordance with Section
2.05(a) hereof on the federal tax return of the Trust Fund for its
first taxable year (and, if necessary, under applicable state law);
(iv) prepare and forward, or cause to be prepared and forwarded,
to the Certificateholders and to the Internal Revenue Service and, if
necessary, state tax authorities, all information returns or reports,
or furnish or cause to be furnished by telephone, mail, publication or
other appropriate method such information, as and when required to be
provided to them in accordance with the REMIC Provisions, including
without limitation, the calculation of any original issue discount
using the Prepayment Assumption Multiple;
(v) provide information necessary for the computation of tax
imposed on the transfer of a Residual Certificate to a Disqualified
Organization, or an agent (including a broker, nominee or other
middleman) of a Disqualified Organization, or a pass-through entity in
which a Disqualified Organization is the record holder of an interest
(the reasonable cost of computing and furnishing such information may
be charged to the Person liable for such tax);
(vi) use its best reasonable efforts to conduct the affairs of
the 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 the REMIC or that would subject the Trust Fund to tax;
(viii) exercise reasonable care not to allow the creation of any
"interests" in the REMIC within the meaning of section 860D(a)(2) of
the Code other than the interests represented by the Classes of
Certificates identified in Section 5.01(b);
(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 the
REMIC established hereunder to fail to qualify as a REMIC;
(x) exercise reasonable care not to allow the Trust Fund to
receive income from the performance of services or from assets not
permitted under the REMIC Provisions to be held by a REMIC;
(xi) pay the amount of any federal or state tax, including
prohibited transaction taxes, taxes on certain contributions to the
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 the 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 Remittance Rate to the date of such certification has been credited
to the Mortgage Loan Payment Record, release the related Mortgage File to the
Company whereupon the Company may cancel the related Mortgage Note. Upon request
by the Company after the execution and delivery of this Agreement, the Trustee
shall furnish the Company with any powers of attorney and other documents
necessary or appropriate to enable the Company to carry out its servicing and
administrative duties hereunder. Except as otherwise provided herein, the
Company shall maintain servicing standards substantially equivalent to those
required for approval by FNMA or FHLMC. The Company shall not agree to any
modification of the material terms of any Mortgage Loan except as provided in
the second sentence of Section 3.02(a) and in Section 3.07. The Company shall
not release any portion of any Mortgaged Property from the lien of the related
Mortgage unless the related Mortgage Loan would be a "qualified mortgage" within
the meaning of the REMIC Provisions following such release.
(c) [Intentionally Omitted.]
(d) The relationship of the Company (and of any successor to the Company as
servicer under this Agreement) to the Trustee under this Agreement is intended
by the parties to be that of an independent contractor and not that of a joint
venturer, partner or agent.
(e) All costs incurred by the Company in effecting the timely payment of
taxes and assessments on the properties subject to the Mortgage Loans shall not,
for the purpose of calculating monthly distributions to Certificateholders, be
added to the amount owing under the related Mortgage Loans, notwithstanding that
the terms of such Mortgage Loans so permit, and such costs shall be recoverable
by the Company to the extent permitted by Section 3.04. The Company shall
collect such amounts from the Mortgagor and shall credit the Mortgage Loan
Payment Record accordingly.
(f) If the Company enters into a servicing agreement with any servicer (a
"Primary Servicer") pursuant to which such Primary Servicer shall directly
service certain Mortgage Loans and the Company shall perform master servicing
with respect thereto, the Company shall not be released from its obligations to
the Trustee and Certificateholders with respect to the servicing and
administration of the Mortgage Loans in accordance with the provisions of
Article III hereof and such obligations shall not be diminished by virtue of any
such servicing agreement or arrangement and the Company shall be obligated to
the same extent and under the same terms and conditions as if the Company alone
were servicing and administering the Mortgage Loans. Any amounts received by a
Primary Servicer in respect of a Mortgage Loan shall be deemed to have been
received by the Company whether or not actually received by it. Any servicing
agreement that may be entered into and any transactions or services relating to
the Mortgage Loans involving a Primary Servicer in its capacity as such shall be
deemed to be between the Company and the Primary Servicer alone, and the Trustee
and the Certificateholders shall have no claims, obligations, duties or
liabilities with respect thereto. Notwithstanding the foregoing, in the event
the Company has been removed as the servicer hereunder pursuant to Section 6.04
or Section 7.01, the Trustee or any successor servicer appointed pursuant to
Section 7.02 shall succeed to all of the Company's rights and interests (but not
to any obligations or liabilities of the Company arising prior to the date of
succession) under any servicing agreement with any Primary Servicer in respect
of the Mortgage Loans, subject to the limitation on the Trustee's
responsibilities under Section 7.02.
(g) In no event shall any collateral fund established under the agreement
referred to in Section 3.08(e) constitute an asset of any REMIC established
hereunder.
Section 3.02. Collection of Certain Mortgage Loan Payments; Mortgage Loan
Payment Record; Certificate Account. (a) The Company shall make reasonable
efforts to collect all payments called for under the terms and provisions of the
Mortgage Loans, and shall, to the extent such procedures shall be consistent
with this Agreement, follow such collection procedures as it follows with
respect to mortgage loans comparable to the Mortgage Loans in its servicing
portfolio. Consistent with the foregoing, the Company may in its discretion (i)
waive any late payment charge or any assumption fees or other fees which may be
collected in the ordinary course of servicing such Mortgage Loan and (ii) if a
default on the Mortgage Loan has occurred or is reasonably foreseeable, arrange
at any time prior to foreclosure with a Mortgagor a schedule for the payment of
due and unpaid principal and interest for a period extending not longer than two
years after the date that such schedule is arranged. Any arrangement of the sort
described in clause (ii) above shall not affect the amount or timing of the
Company's obligation to make Monthly Advances with respect to any Mortgage Loan
which Monthly Advances shall be made pursuant to the original amortization
schedule applicable to such Mortgage Loan.
(b) The Company shall establish and maintain a Mortgage Loan Payment Record
in which the following payments on and collections in respect of each Mortgage
Loan shall as promptly as practicable be credited by the Company for the account
of the Holders of the Certificates:
(i) All payments on account of principal, including Principal
Prepayments (other than (A) payments of principal due and payable on
the Mortgage Loans on or before, and all Principal Prepayments
received before, the Cut-off Date, (B) in the case of a substitute
Mortgage Loan, payments of principal due and payable on such Mortgage
Loan on or before the Determination Date in the month of substitution,
and all Principal Prepayments received before the first day of the
month of substitution, and (C) in the case of a replaced Mortgage
Loan, payments of principal due and payable on such Mortgage Loan
after the Determination Date in the month of substitution, and all
Principal Prepayments received in the month of substitution);
(ii) All payments (other than (A) those due and payable on or
before the Cut-off Date, (B) in the case of a substitute Mortgage
Loan, those due and payable on such Mortgage Loan on or before the
Determination Date in the month of substitution, and (C) in the case
of a replaced Mortgage Loan, those due and payable on such Mortgage
Loan after the Determination Date in the month of substitution) on
account of interest at the applicable Remittance Rate on the Mortgage
Loan received from the related Mortgagor, including any Buydown Funds
applied with respect to interest at the applicable Remittance Rate on
any Buydown Mortgage Loan;
(iii) All Liquidation Proceeds received by the Company with
respect to such Mortgage Loan and the Purchase Price for any Mortgage
Loan purchased by the Company pursuant to Sections 2.02, 2.03 and 3.16
(including any amounts received in respect of a substitution of a
Mortgage Loan);
(iv) All Insurance Proceeds (including, for this purpose, any
amounts required to be credited by the Company pursuant to the last
sentence of Section 3.06) received by the Company for the benefit of
the Trust Fund, other than proceeds to be applied to the restoration
or repair of the property subject to the related Mortgage or released,
or to be released, to the related Mortgagor in accordance with the
normal servicing procedures of the Company;
(v) All REO Proceeds;
(vi) All Unanticipated Recoveries; and
(vii) All amounts received by the Company with respect to any
Pledged Asset Mortgage Loan pursuant to the liquidation of any
Additional Collateral or pursuant to any recovery under the Surety
Bond in accordance with Section 4.09.
The foregoing requirements respecting credits to the Mortgage Loan Payment
Record are exclusive, it being understood that, without limiting the generality
of the foregoing, the Company need not enter in the Mortgage Loan Payment Record
collections, Liquidation Proceeds or Insurance Proceeds in respect of Mortgage
Loans which have been previously released from the terms of this Agreement,
amounts representing fees or late charge penalties payable by Mortgagors, or
amounts received by the Company for the account of Mortgagors for application
towards the payment of taxes, insurance premiums, assessments and similar items.
(c) Subject to subsection (e) below, until the Business Day prior to each
Distribution Date on which amounts are required to be transferred to the
Certificate Account pursuant to subsection (d) of this Section 3.02, the Company
may retain and commingle such amounts with its own funds and shall be entitled
to retain for its own account any gain or investment income thereon, and any
such investment income shall not be subject to any claim of the Trustee or
Certificateholders. To the extent that the Company realizes any net loss on any
such investments, the Company shall deposit in the Certificate Account an amount
equal to such net loss at the time the Company is required to deposit amounts in
the Certificate Account pursuant to subsection (d) of this section 3.02. Any
such deposit shall not increase the Company's obligation under said subsection
(d).
(d) The Trustee shall establish and maintain with the Trustee in its
corporate trust department a single separate trust account designated in the
name of the Trustee for the benefit of the Holders of the Certificates issued
hereunder (the "Certificate Account") into which the Company shall transfer, not
later than 11:00 a.m. New York time on the Business Day prior to each
Distribution Date, an amount in next day funds equal to the sum of Available
Funds for such Distribution Date and any Unanticipated Recoveries received in
the calendar month preceding the month of such Distribution Date. If the Trustee
does not receive such transfer by 2:00 p.m. on such Business Day, it shall give
the Company written notice thereof.
(e) If the Company or a Responsible Officer of the Trustee obtains actual
notice of or knowledge of the occurrence of either (x) any Trigger Event or (y)
the downgrade by S&P of General Electric Capital Corporation's short-term senior
unsecured debt rating below A-1+ then, notwithstanding subsection (c) above, the
Company shall promptly establish, and thereafter maintain, one or more Eligible
Accounts in the name of the Trustee and bearing a designation indicating that
amounts therein are held for the benefit of the Trustee and the
Certificateholders, into which the Company and any Primary Servicer shall
deposit within two Business Days after receipt, all amounts otherwise required
to be credited to the Mortgage Loan Payment Record pursuant to Section 3.02(b);
provided, however, that such action shall not be required if the Company
delivers to the Trustee a letter from each Rating Agency to the effect that the
failure to take such action will not cause such Rating Agency to withdraw or
reduce its then current ratings of the Certificates. All amounts so deposited
shall be held in trust for the benefit of Certificateholders. Amounts so
deposited may be invested at the written instruction of the Company in Permitted
Investments in the name of the Trustee maturing no later than the Business Day
preceding the Distribution Date following the date of such investment; provided,
however, that any such Permitted Investment which is an obligation of State
Street Bank and Trust Company, in its individual capacity and not in its
capacity as Trustee, may mature on such Distribution Date; and, provided
further, that no such Permitted Investment shall be sold before the maturity
thereof if the sale thereof would result in the realization of gain prior to
maturity unless the Company has obtained an Opinion of Counsel that such sale or
disposition will not cause the Trust Fund to be subject to the tax on prohibited
transactions under section 860F of the Code, or otherwise subject the Trust Fund
to tax or cause the REMIC established hereunder to fail to qualify as a REMIC.
The Trustee shall maintain physical possession of all Permitted Investments,
other than Permitted Investments maintained in book-entry form. The Company, as
servicer, shall be entitled to retain for its own account any gain or other
income from Permitted Investments, and neither the Trustee nor
Certificateholders shall have any right or claim with respect to such income.
The Company shall deposit an amount equal to any loss realized on any Permitted
Investment as soon as any such loss is realized. If the provisions in this
subsection (e) become operable, references in this Agreement to the Mortgage
Loan Payment Record and credits and debits to such Record shall be deemed to
refer to Eligible Accounts and transfers to and withdrawals from such Eligible
Accounts. Any action which may be necessary to establish the terms of an account
pursuant to this Section 3.02(e) may be taken by an amendment or supplement to
this Agreement or pursuant to a written order of the Company, which amendment,
supplement or order shall not require the consent of Certificateholders,
provided that the Company has delivered to the Trustee a letter from each Rating
Agency to the effect that such amendment, supplement or order will not cause
such Rating Agency to withdraw or reduce its then current ratings of the
Certificates.
Section 3.03. Collection of Taxes, Assessments and Other Items. Other than
with respect to any Cooperative Loan, the Company shall establish and maintain
with one or more depository institutions one or more accounts into which it
shall deposit all collections of taxes, assessments, private mortgage or hazard
insurance premiums or comparable items for the account of the Mortgagors. As
servicer, the Company shall effect the timely payment of all such items for the
account of Mortgagors. Withdrawals from such account or accounts may be made
only to effect payment of taxes, assessments, private mortgage or standard
hazard insurance premiums or comparable items, to reimburse the Company out of
related collections for any payments made regarding taxes and assessments or for
any payments made pursuant to Section 3.05 regarding premiums on Primary
Insurance Policies and Section 3.06 regarding premiums on standard hazard
insurance policies, to refund to any Mortgagors any sums determined to be
overages, or to pay interest owed to Mortgagors to the extent required by law.
Section 3.04. Permitted Debits to the Mortgage Loan Payment Record. The
Company (or any successor servicer pursuant to Section 7.02) may, from time to
time, make debits to the Mortgage Loan Payment Record for the following
purposes:
(i) To reimburse the Company or the applicable Primary Servicer
for Liquidation Expenses theretofore incurred in respect of any
Mortgage Loan in an amount not to exceed the amount of the related
Liquidation Proceeds credited to the Mortgage Loan Payment Record
pursuant to Section 3.02(b)(iii); provided that the Company or the
applicable Primary Servicer shall not be entitled to reimbursement for
Liquidation Expenses incurred after the initiation of foreclosure
proceedings in respect of any Defaulted Mortgage Loan that is
repurchased pursuant to Section 3.16;
(ii) To reimburse the Company or the applicable Primary Servicer
for Insured Expenses and amounts expended by it pursuant to Section
3.08 in good faith in connection with the restoration of property
damaged by an Uninsured Cause, in an amount not to exceed the amount
of the related Insurance Proceeds and Liquidation Proceeds (net of any
debits pursuant to clause (i) above) and amounts representing proceeds
of other insurance policies covering the property subject to the
related Mortgage credited to the Mortgage Loan Payment Record pursuant
to Section 3.02(b) (iii) and (iv);
(iii) To reimburse the Company to the extent permitted by
Sections 3.01(a) and 6.04;
(iv) To pay to the Company amounts received in respect of any
Defective Mortgage Loan or Defaulted Mortgage Loan purchased by the
Company to the extent that the distribution of any such amounts on the
Distribution Date upon which the proceeds of such purchase are
distributed would make the total amount distributed in respect of any
such Mortgage Loan on such Distribution Date greater than the Purchase
Price therefor, net of any unreimbursed Monthly Advances made by the
Company;
(v) To reimburse the Company (or the Trustee, as applicable) for
Monthly Advances theretofore made in respect of any Mortgage Loan to
the extent of late payments, REO Proceeds, Insurance Proceeds and
Liquidation Proceeds in respect of such Mortgage Loan;
(vi) To reimburse the Company from any Mortgagor payment of
interest or other recovery with respect to a particular Mortgage Loan,
to the extent not previously retained by the Company, for unpaid
Servicing Fees with respect to such Mortgage Loan, subject to Section
3.08(d);
(vii) To reimburse the Company (or the Trustee, as applicable)
for any Nonrecoverable Advance (which right of reimbursement of the
Trustee pursuant to this clause shall be prior to such right of the
Company);
(viii) To make transfers of funds to the Certificate Account
pursuant to Section 3.02(d);
(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 amount credited to the Mortgage Loan Payment
Record in error.
The Company shall keep and maintain separate accounting records, on a
Mortgage Loan by Mortgage Loan basis, for the purpose of accounting for debits
to the Mortgage Loan Payment Record pursuant to clauses (i), (ii), (iv), (v) and
(vi) of this Section 3.04; provided, however, that it is understood and agreed
that the records of such accounting need not be retained by the Company for a
period longer than the five most recent fiscal years.
Section 3.05. Maintenance of the Primary Insurance Policies. (a) The
Company shall not take any action which would result in non-coverage under any
applicable Primary Insurance Policy of any loss which, but for the actions of
the Company, would have been covered thereunder. To the extent coverage is
available, the Company shall keep or cause to be kept in full force and effect
each such Primary Insurance Policy until the principal balance of the related
Mortgage Note is 80% or less of the greater of (i) the related Original Value
and (ii) the then current value of the property underlying the related Mortgage
Note as evidenced by an appraisal thereof satisfactory to the Company; provided
that no such Primary Insurance Policy need be kept in effect if doing so would
violate applicable law. The Company shall not cancel or refuse to renew any such
Primary Insurance Policy applicable to a Mortgage Loan that is in effect at the
Closing Date and is required to be kept in force hereunder unless the
replacement Primary Insurance Policy for such canceled or non-renewed policy is
maintained with an insurer whose claims-paying ability is acceptable to each
Rating Agency for mortgage pass-through certificates having ratings equal to or
better than the ratings then assigned to the Certificates by such Rating Agency.
The Company agrees to effect the timely payment of the premium on each Primary
Insurance Policy, and such costs not otherwise recoverable shall be recoverable
by the Company from related Insurance Proceeds and Liquidation Proceeds pursuant
to Section 3.04.
(b) In connection with its activities as administrator and servicer of the
Mortgage Loans, the Company agrees to present, on behalf of itself, the Trustee
and the Certificateholders, claims to the insurer under each Primary Insurance
Policy and, in this regard, to take such reasonable action as shall be necessary
to permit recovery under any Primary Insurance Policy respecting a related
defaulted Mortgage Loan. To the extent provided in Section 3.02(b), any amounts
collected by the Company under any Primary Insurance Policy in respect of the
Mortgage Loans (including, without limitation, a Mortgage Loan purchased by a
related insurer) shall be credited to the Mortgage Loan Payment Record.
Section 3.06. Maintenance of Hazard Insurance. The Company shall cause to
be maintained for each Mortgage Loan, other than a Cooperative Loan, hazard
insurance with a standard mortgagee clause and with extended coverage in an
amount which is at least equal to the maximum insurable value of the
improvements securing such Mortgage Loan from time to time or the principal
balance owing on such Mortgage Loan from time to time, whichever is less. The
Company shall also maintain on property (other than Cooperative Apartments)
acquired upon foreclosure, or by deed in lieu of foreclosure, hazard insurance
with extended coverage in an amount which is at least equal to the lesser of (i)
the maximum insurable value from time to time of the improvements which are a
part of such property or (ii) the unpaid principal balance of such Mortgage Loan
at the time of such foreclosure or deed in lieu of foreclosure plus accrued
interest and the good-faith estimate of the Company of related Liquidation
Expenses to be incurred in connection therewith. To the extent provided in
Section 3.02(b)(iv), amounts collected by the Company under any such policies in
respect of the Mortgage Loans shall be credited to the Mortgage Loan Payment
Record. Such costs shall be recoverable by the Company pursuant to Sections 3.03
and 3.04. In cases in which property securing any Mortgage Loan other than a
Cooperative Loan is located in a federally designated flood area, the hazard
insurance to be maintained for such Mortgage Loan shall include flood insurance.
All such flood insurance shall be in such amounts as are required under
applicable guidelines of FNMA. The Company shall be under no obligation to
require that any Mortgagor maintain earthquake or other additional insurance and
shall be under no obligation itself to maintain any such additional insurance on
property acquired in respect of a Mortgage Loan, other than pursuant to such
applicable laws and regulations as shall at any time be in force and as shall
require such additional insurance. If the Company shall obtain and maintain a
blanket policy insuring against hazard losses on all of the Mortgage Loans
(whether or not including Cooperative Loans), it shall conclusively be deemed to
have satisfied its obligations as set forth in the first sentence of this
Section 3.06, it being understood and agreed that such policy may contain a
deductible clause, in which case the Company shall, in the event that there
shall not have been maintained on the related Mortgaged Property a policy
complying with the first sentence of this Section 3.06, and there shall have
been a loss which would have been covered by such policy, credit to the Mortgage
Loan Payment Record the amount not otherwise payable under the blanket policy
because of such deductible clause.
Section 3.07. Assumption and Modification Agreements. (a) In any case in
which property subject to a Mortgage has been or is about to be conveyed by the
Mortgagor, the Company shall exercise its right to accelerate the maturity of
such Mortgage Loan under any "due-on-sale" clause applicable thereto, unless in
the reasonable discretion of the Company, such exercise would adversely affect
or jeopardize coverage under the related Primary Insurance Policy, if any;
provided, however, that if the Company is prevented, as provided in Section
3.07(b), from enforcing any such clause, the Company is authorized to make or
enter into an assumption and modification agreement from or with the Person to
whom such property has been or is about to be conveyed, pursuant to which such
Person becomes liable under the Mortgage Note and the Mortgagor remains liable
thereon. In connection with any such assumption and modification agreement, the
Company shall apply its then current underwriting standards to such Person. The
Company shall not make or enter into any such assumption and modification
agreement, however, unless (to the extent practicable in the circumstances) it
shall have received confirmation of the continued effectiveness of any
applicable Primary Insurance Policy and hazard insurance policy. The Company
shall notify the Trustee that any assumption and modification agreement has been
completed by forwarding to the Trustee the original copy thereof, which copy
shall be added by the Trustee to the related Mortgage File and shall, for all
purposes, be considered a part of such Mortgage File to the same extent as all
other documents and instruments constituting a part thereof. In connection with
any such agreement, the Mortgage Rate, mortgage term and any other material term
of such Mortgage Loan shall not be changed. Any fee collected by the Company for
entering into any such agreement will be retained by the Company as additional
servicing compensation.
(b) Notwithstanding Section 3.07(a) or any other provision of this
Agreement, the Company shall not be deemed to be in default, breach or any other
violation of its obligations hereunder by reason of any assumption of a Mortgage
Loan, or transfer of the property subject to a Mortgage without the assumption
thereof, by operation of law or any assumption or transfer which the Company
reasonably believes it may be restricted by law from preventing, for any reason
whatsoever.
Section 3.08. Realization Upon Defaulted Mortgage Loans. (a) The Company
shall foreclose upon or otherwise comparably convert the ownership of properties
securing such of the Mortgage Loans as come into and continue in default and as
to which no satisfactory arrangements can be made for collection of delinquent
payments pursuant to Section 3.02. In connection with such foreclosure or other
conversion the Company shall, consistent with Section 3.05, follow such
practices and procedures as it shall deem necessary or advisable and as shall be
normal and usual in its general mortgage servicing activities. The foregoing is
subject to the proviso that the Company shall not be required to expend its own
funds in connection with any foreclosure or towards the restoration of any
property unless it shall determine (i) that such restoration or foreclosure will
increase the proceeds of liquidation of the Mortgage Loan to Certificateholders
after reimbursement to itself for such expenses and (ii) that such expenses will
be recoverable to it either through Liquidation Proceeds or Insurance Proceeds.
Notwithstanding the foregoing, the Company shall not be entitled to recover
legal expenses incurred in connection with foreclosure proceedings where the
Mortgage Loan is reinstated and such foreclosure proceedings are terminated
prior to completion, other than sums received from the Mortgagor for such
expenses.
Notwithstanding anything to the contrary contained herein, the Company
shall be under no obligation to foreclose upon or otherwise convert the
ownership of any Mortgaged Property which it believes may be contaminated with
or affected by hazardous or toxic wastes, materials or substances. The Company
may, but shall not be obligated to, make such determination on the basis of a
Phase I environmental assessment with respect to the related Mortgaged Property.
Neither the Trustee nor the Company shall be liable to the Trust Fund or the
Certificateholders if, based on the Company's belief that such contamination or
effect exists, the Company does not foreclose upon or otherwise convert the
ownership of a Mortgaged Property. In addition, neither the Trustee nor the
Company shall be liable to the Trust Fund or the Certificateholders if, based on
the Company's belief that no such contamination or effect exists, the Company
forecloses upon a Mortgaged Property and the Trustee or its nominee on behalf of
the Trust Fund takes title to such Mortgaged Property, and thereafter such
Mortgaged Property is determined to be so contaminated or affected.
(b) In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be issued to the Trustee, or to its nominee on behalf of the Trust Fund.
Notwithstanding any such acquisition of title and cancellation of the related
Mortgage Loan, such Mortgage Loan shall (except for purposes of Section 9.01) be
considered to be an Outstanding Mortgage Loan until such time as the Mortgaged
Property shall be sold and such Mortgage Loan becomes a Liquidated Mortgage
Loan. Consistent with the foregoing, for purposes of all calculations hereunder
so long as such Mortgage Loan shall be considered to be an Outstanding Mortgage
Loan, it shall be assumed that the related Mortgage Note and its amortization
schedule in effect on and after such acquisition of title (after giving effect
to any previous Principal Prepayments and Deficient Valuations incurred
subsequent to the related Bankruptcy Coverage Termination Date and before any
adjustment thereto by reason of any bankruptcy (other than as aforesaid) or any
similar proceeding or any moratorium or similar waiver or grace period) remain
in effect (notwithstanding that the indebtedness evidenced by such Mortgage Note
shall have been discharged), subject to adjustment to reflect the application of
REO Proceeds received in any month. REO Proceeds received in any month shall be
applied to the payment of the installments of principal due and interest accrued
on the related REO Mortgage Loan in accordance with the terms of such Mortgage
Note. REO Proceeds received in any month in excess of the Amortization Payment
for such month due on an REO Mortgage Loan shall be treated as a Principal
Prepayment received in respect of such Mortgage Loan.
(c) In the event that the Trust Fund acquires any Mortgaged Property as
aforesaid or otherwise in connection with a default or imminent default on a
Mortgage Loan, the Company shall dispose of such Mortgaged Property prior to the
close of the third calendar year after the year of its acquisition by the Trust
Fund unless (a) the Trustee shall have been supplied with an Opinion of Counsel
to the effect that the holding by the Trust Fund of such Mortgaged Property
subsequent to such period (and specifying the period beyond such period for
which the Mortgaged Property may be held) will not result in the imposition of
taxes on "prohibited transactions" of the Trust Fund as defined in section 860F
of the Code, or cause the REMIC established hereunder to fail to qualify as a
REMIC at any time that any Certificates are outstanding, in which case the Trust
Fund may continue to hold such Mortgaged Property (subject to any conditions
contained in such Opinion of Counsel), or (b) the Trustee (at the Company's
expense) or the Company shall have applied for, not later than 61 days prior to
the expiration of such period, an extension of such period in the manner
contemplated by section 856(e)(3) of the Code, in which case such period shall
be extended by the time period permitted by section 856(e)(3) of the Code.
Notwithstanding any other provision of this Agreement, no Mortgaged Property
acquired by the Trust Fund shall be rented (or allowed to continue to be rented)
or otherwise used for the production of income by or on behalf of the Trust Fund
or sold in such a manner or pursuant to any terms that would (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 among the Base
Servicing Fee at the Base Servicing Fee Rate, the Supplemental Servicing Fee at
the Supplemental Servicing Fee Rate and interest at the Remittance Rate in
proportion to the amount of such accrued interest which would have been
allocated to each such category in the absence of any shortfall. The resulting
Interest Loss shall be allocated among each such category in the same proportion
as described in the preceding sentence. The portion so allocated to interest at
the Remittance Rate shall be allocated to the Certificates for purposes of
making the allocation specified in the definition of Certificate Interest Loss.
(e) Notwithstanding anything to the contrary contained herein, the Company
shall have the right to enter into an agreement substantially in the form of
Exhibit K hereto with any Person that is the Holder of 100% of the Class B5
Certificates (provided that such form may be revised to delete the option on the
part of such Person to purchase a defaulted Mortgage Loan as set forth in
Section 2.02(f) thereof). Prior to entering into any such agreement with any
Person, the Company shall obtain a certification from such Person to the effect
that (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 Mortgage Pool. It is understood that the right of the
Company to be reimbursed for Monthly Advances and Nonrecoverable Advances under
this Agreement shall not be affected in any way by the provisions of any such
agreement. The Trustee hereby agrees to perform such obligations as may be
expressly required of it pursuant to the provisions of such agreement and to
promptly notify each party to such agreement if a Responsible Officer of the
Trustee (with direct responsibility for administration of this Agreement)
becomes aware of any discussions, plans or events that might lead to the
Trustee's becoming an "affiliate" (within the meaning of the Prohibited
Transaction Exemption) of any Person with which the Company has entered into
such agreement, provided that the contents of any such notification shall be
kept confidential by the parties to such agreement. The Company agrees to
promptly notify the Trustee upon entering into any such agreement. In addition,
the Company shall provide the Trustee with such information as may be necessary
for the Trustee to perform its obligations thereunder, including written
instructions, clearly identifying the source, amount and application of funds to
be deposited or withdrawn from the Collateral Fund (as defined in such
agreement). The Trustee shall provide the Company with such information
concerning credits and debits to the Collateral Fund on account of income, gains
and losses realized from Collateral Fund Permitted Investments (as defined in
such agreement), and costs associated with the purchase and sale thereof, as the
Company may request in order to prepare the instructions described in the
preceding sentence.
In addition, subject to the provisions of the preceding paragraph, the
Company shall have the right to enter into an agreement substantially in the
form of Exhibit K hereto with the Person that is the Holder of 100% of the Class
B4 Certificates, provided that (i) such Person is also the Holder of 100% of the
Class B5 Certificates, (ii) such Person shall have no rights under such
agreement until the date on which the Class Certificate Principal Balance of the
Class B5 Certificates has been reduced to zero, and (iii) any rights of such
Person under such agreement shall terminate in the event that such Person
transfers, directly or indirectly, the Class B4 Certificates to any other
Person.
Section 3.09. Trustee to Cooperate; Release of Mortgage Files. Upon the
payment in full of any Mortgage Loan, the Company will immediately notify the
Trustee by a certification (which certification shall include a statement to the
effect that all amounts received in connection with such payment which are
required to be credited to the Mortgage Loan Payment Record pursuant to Section
3.02 have been so credited) of a Servicing Officer and shall request delivery to
it of the Mortgage File. If a Buydown Mortgage Loan is the subject of a
Principal Prepayment in full during the related Buydown Period, the related
Buydown Funds will be applied or returned to the Person entitled thereto in
accordance with the terms of such Buydown Mortgage Loan. Upon receipt of such
certification and request in form satisfactory to the Trustee, the Trustee shall
promptly, but in any event within five Business Days, release the related
Mortgage File to the Company; provided, that the Trustee shall not be
responsible for any delay in the release of a Mortgage File resulting from acts
beyond its control, including without limitation, acts of God, strikes,
lockouts, riots, acts of war or terrorism, epidemics, nationalization,
governmental regulations imposed after the fact, fire, communication line
failures, computer viruses, power failures, earthquakes or other disasters. Upon
any such payment in full, the Company is authorized to execute, pursuant to the
authorization contained in Section 3.01, an instrument of satisfaction regarding
such Mortgage, which instrument of satisfaction shall be recorded by the Company
if required by applicable law and be delivered to the Person entitled thereto,
it being understood and agreed that no expenses incurred in connection with such
instrument of satisfaction shall be reimbursed from amounts at the time credited
to the Mortgage Loan Payment Record. From time to time and as appropriate for
the servicing or foreclosure of any Mortgage Loan (including, without
limitation, collection under any Primary Insurance Policy), the Trustee shall,
upon request of the Company and delivery to the Trustee of a receipt signed by a
Servicing Officer, release the related Mortgage File to the Company and shall
execute such documents as shall be necessary to the prosecution of any such
proceedings. Such receipt shall obligate the Company to return the Mortgage File
to the Trustee when the need therefor by the Company no longer exists unless the
Mortgage Loan shall be liquidated, in which case, upon receipt of a certificate
of a Servicing Officer similar to that hereinabove specified, the receipt shall
be released by the Trustee to the Company.
Section 3.10. Servicing Compensation; Payment of Certain Expenses by the
Company. (a) As compensation for its activities and obligations hereunder, the
Company shall be entitled to withhold and pay to itself out of each payment
received by it on account of interest on each Mortgage Loan (including the
portion of any Buydown Funds applied to the related Buydown Mortgage Loan for
the applicable period) an amount equal to the Servicing Fee. The aggregate of
the Servicing Fees payable to the Company on any Distribution Date shall be
reduced by the amount of any Compensating Interest Payment for such Distribution
Date. Additional servicing compensation in the form of Prepayment Interest
Excess, assumption fees, modification fees, late payment charges, interest
income or gain with respect to amounts deposited in the Certificate Account and
invested by the Company or otherwise shall be retained by the Company, subject
to Section 3.10(b), if applicable. The Company shall be required to pay all
expenses incurred by it in connection with its activities hereunder (including
payment of Trustee fees and all other fees and expenses not expressly stated
hereunder to be for the account of the Certificateholders) and shall not be
entitled to reimbursement therefor except as provided in Sections 3.01, 3.03,
3.04 and 3.08.
(b) The Company may, as a condition to granting any request by a Mortgagor
for any consent, modification, waiver or amendment or any other matter or thing,
the granting of which is in the Company's discretion pursuant to the terms of
the instruments evidencing or securing the related Mortgage Loan and is
permitted by other sections of this Agreement, require (to the extent permitted
by applicable law) that such Mortgagor pay to it a reasonable or customary fee
in accordance with the schedule set forth as Exhibit H (which may be amended
from time to time by provision of a revised schedule of such fees to the
Trustee, whereupon such revised schedule shall be deemed to be Exhibit H
hereunder) for the additional services performed in connection with such
request, together with any related costs and expenses incurred by it. Such fees
shall be additional servicing compensation to the Company.
Section 3.11. Reports to the Trustee; Certificate Account Statements. Not
later than 15 days after each Distribution Date, the Company shall forward to
the Trustee a statement, certified by a Servicing Officer, setting forth the
status of the Mortgage Loan Payment Record as of the close of business on such
Distribution Date and showing, for the period covered by such statement, the
aggregate of credits to the Mortgage Loan Payment Record for each category of
credit specified in Section 3.02 and each category of debit specified in Section
3.04.
Section 3.12. Annual Statement as to Compliance. The Company will deliver
to the Trustee, on or before March 31 of each year, beginning with March 31,
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 from the Certificate Account and shall make
distributions to Holders of the Certificates as of the preceding Record Date in
the following order of priority, to the extent of the remaining Available Funds:
(i) to each Class of Senior Certificates (other than any Class of
Principal Only Certificates), the Accrued Certificate Interest thereon
for such Distribution Date; provided, however, that any shortfall in
available amounts shall be allocated among such Classes in proportion
to the amount of Accrued Certificate Interest that would otherwise be
distributable thereto;
(ii) to each Class of Senior Certificates (other than any Class
of Principal Only Certificates), any related Unpaid Class Interest
Shortfall for such Distribution Date; provided, however, that any
shortfall in available amounts shall be allocated among such Classes
in proportion to the Unpaid Class Interest Shortfall for each such
Class on such Distribution Date;
(iii) to the Classes of Senior Certificates in reduction of the
Class Certificate Principal Balances thereof, as set forth in Exhibit
O hereto, without regard to the use of the word "approximately"
therein; provided, however, that defined terms used in Exhibit O shall
have the meanings assigned thereto in Article I hereof;
(iv) to the Class PO Certificates, any Class PO Deferred Amount
for such Distribution Date, up to an amount not to exceed the Junior
Optimal Principal Amount for such Distribution Date, until the Class
Certificate Principal Balance of such Class has been reduced to zero;
provided, that any such amounts distributed to the Class PO
Certificates pursuant to this clause (iv) shall not reduce the Class
Certificate Principal Balance thereof;
(v) to the Class M Certificates, the Accrued Certificate Interest
thereon for such Distribution Date;
(vi) to the Class M Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(vii) to the Class M Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date;
(viii) to the Class B1 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date;
(ix) to the Class B1 Certificates, any Unpaid Class Interest Shortfall
therefor on such Distribution Date;
(x) to the Class B1 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date;
(xi) to the Class B2 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date;
(xii) to the Class B2 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xiii) to the Class B2 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date;
(xiv) to the Class B3 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date;
(xv) to the Class B3 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xvi) to the Class B3 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date;
(xvii) to the Class B4 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date;
(xviii) to the Class B4 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date;
(xix) to the Class B4 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date;
(xx) to the Class B5 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date;
(xxi) to the Class B5 Certificates, any Unpaid Class Interest
Shortfall therefor on such Distribution Date; and
(xxii) to the Class B5 Certificates, in reduction of the Class
Certificate Principal Balance thereof, such Class's Allocable Share of
the Junior Optimal Principal Amount on such Distribution Date.
Notwithstanding the foregoing, amounts otherwise distributable pursuant to
clauses (vii), (x), (xiii), (xvi), (xix) and (xxii) on any Distribution Date
shall be reduced, in inverse order of priority, by any amount distributed
pursuant to clause (iv) on such date, such that such amount distributed pursuant
to clause (iv) on such date shall be applied first to reduce the amount
distributable pursuant to clause (xxii), and then, to the extent of any excess,
applied second, to reduce the amount distributable pursuant to clause (xix),
third, to reduce the amount distributable pursuant to clause (xvi), fourth, to
reduce the amount distributable pursuant to clause (xiii), fifth, to reduce the
amount distributable pursuant to clause (x) and sixth, to reduce the amount
distributable pursuant to clause (vii).
(b) On each Distribution Date, the Trustee shall distribute to the holder
of the Class R Certificate any remaining Available Funds for such Distribution
Date after application of all amounts described in clause (a) of this Section
4.01, together with any Unanticipated Recoveries received by the Company in the
calendar month preceding the month of such Distribution Date and not distributed
on such Distribution Date to the holders of outstanding Certificates of any
other Class pursuant to Section 4.01(f). Any distributions pursuant to this
clause (b) shall not reduce the Class Certificate Principal Balance of the Class
R Certificate.
(c) If on any Distribution Date the Class Certificate Principal Balances of
the Junior Certificates have each been reduced to zero, the amount distributable
to the Senior Certificates other than the Class PO Certificates pursuant to
Section 4.01(a)(iii) for such Distribution Date and each succeeding Distribution
Date shall be allocated among such Classes of Senior Certificates, pro rata, on
the basis of their respective Class Certificate Principal Balances immediately
prior to such Distribution Date, regardless of the priorities and amounts set
forth in Section 4.01(a)(iii).
(d) If on any Distribution Date (i) the Class Certificate Principal Balance
of the Class M Certificates or any Class of Class B Certificates for which the
related Prepayment Distribution Trigger was satisfied on such Distribution Date
is reduced to zero and (ii) amounts distributable pursuant to clauses (ii), (iv)
and (v) of the Junior Optimal Principal Amount remain undistributed on such
Distribution Date after all amounts otherwise distributable on such date
pursuant to clauses (iv) through (xxii) of Section 4.01(a) have been
distributed, such amounts shall be distributed on such Distribution Date to the
remaining Classes of Junior Certificates in order of priority, such that no such
distribution shall be made to any Class of Junior Certificates while a prior
such Class is outstanding.
(e) (i) On each Distribution Date prior to the Cross-Over Date,
distributions in reduction of the Class Certificate Principal Balances of the
Class A12 and Class A14 Certificates will be made in accordance with the
provisions of Section 4.10.
Upon the earlier of the Cross-Over Date and the next Distribution Date
after the Distribution Date on which the Class Certificate Principal Balance of
the Class A12 or Class A14 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 otherwise available for distribution on all outstanding
Classes of Certificates and (y) such Rounding Account shall be cleared and
terminated, and the amounts therein shall be distributed to the Class R
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 Cross-Over Date and on each subsequent Distribution
Date, distributions in reduction of the Class Certificate Principal Balances of
the Class A12 and Class A14 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 the Class A12 or Class A14 Certificates
are to be made on a pro rata basis in accordance with the preceding sentence. On
the 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 the Class A12 or Class A14 Certificates in accordance with any
Principal Distribution Request or by Random Lot.
(f) In the event that in any calendar month the Company recovers an amount
(an "Unanticipated Recovery") in respect of principal of a Mortgage Loan which
had previously been allocated as a Realized Loss to any Class of Certificates
pursuant to Section 4.03, on the Distribution Date in the next succeeding
calendar month the Trustee shall withdraw from the Certificate Account and
distribute to the holders of each outstanding Class to which such Realized Loss
had previously been allocated its share (determined as described in the
succeeding paragraph) of such Unanticipated Recovery in an amount not to exceed
the amount of such Realized Loss previously allocated to such Class. When the
Class Certificate Principal Balance of a Class of Certificates has been reduced
to zero, the holders of such Class shall not be entitled to any share of an
Unanticipated Recovery, and such Unanticipated Recovery shall be allocated among
all outstanding Classes of Certificates entitled thereto in accordance with the
preceding sentence, subject to the remainder of this subsection (f). 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 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 related Certificates to which Realized Losses had previously been
allocated and not reimbursed their pro rata share (determined as described
below) of such excess in an amount not to exceed the aggregate amount of any
Realized Loss previously allocated to such Class with respect to any other
Mortgage Loan that has not been recovered in accordance with this subsection
(f). Any distributions made pursuant to this subsection (f) shall not reduce the
Class Certificate Principal Balance of the related Certificate.
For purposes of the preceding paragraph, the share of an Unanticipated
Recovery allocable to any Class of Certificates with respect to a Mortgage Loan
shall be (i) with respect to the Class PO Certificates, based on the applicable
PO Percentage of the principal portion of the Realized Loss previously allocated
thereto with respect to such Mortgage Loan (or all Mortgage Loans for purposes
of the next to last sentence of the preceding paragraph), and (ii) with respect
to any other Class of Certificates, based on its pro rata share (in proportion
to the Class Certificate Principal Balances thereof with respect to such
Distribution Date) of the applicable Non-PO Percentage of the principal portion
of any such Realized Loss previously allocated with respect to such Mortgage
Loan (or Loans); provided, however, that (i) the share of an Unanticipated
Recovery allocable to a Class PO Certificate with respect to any Mortgage Loan
(or Loans) shall be reduced by the aggregate amount previously distributed to
such Class on account of the applicable Class PO Deferred Amount in respect of
such Mortgage Loan (or Loans) and (ii) the amount by which the distributions to
the Class PO Certificates have been so reduced shall be distributed to the
Classes of Certificates described in clause (ii) of the preceding paragraph in
the same proportion as described in such clause (ii). For purposes of the
preceding sentence, any Class PO Deferred Amount distributed to a Class PO
Certificate on previous Distribution Dates shall be deemed to have been
allocated in respect of the Mortgage Loans as to which the applicable PO
Percentage of the principal portion of Realized Losses has previously been
allocated to such Class on a pro rata basis (based on the amount of Realized
Losses so allocated).
Section 4.02. Method of Distribution. (a) Except as set forth in Section
4.10 in respect of the Class A12 and Class A14 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 the Class A12 and Class
A14 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 that occurred during the immediately preceding calendar
month.
(b) With respect to any Distribution Date, the principal portion of each
Realized Loss (other than any Excess Loss) shall be allocated as follows:
(i) the applicable PO Percentage of the principal portion of
any such Realized Loss shall be allocated to the Class PO
Certificates until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(ii) the applicable Non-PO Percentage of the principal
portion of any such Realized Loss shall be allocated in the
following order of priority:
first, to the Class B5 Certificates until the Class
Certificate Principal Balance thereof has been reduced to
zero;
second, to the Class B4 Certificates until the Class
Certificate Principal Balance
thereof has been reduced to zero;
third, to the Class B3 Certificates until the Class
Certificate Principal Balance thereof has been reduced to
zero;
fourth, to the Class B2 Certificates until the Class
Certificate Principal Balance thereof has been reduced to
zero;
fifth, to the Class B1 Certificates until the Class
Certificate Principal Balance thereof has been reduced to
zero;
sixth, to the Class M Certificates until the Class
Certificate Principal Balance thereof has been reduced to
zero; and
seventh, to the Classes of Senior Certificates other
than the Class PO Certificates, pro rata, in accordance with
their Class Certificate Principal Balances; provided, that
any such loss allocated to any Class of Accrual Certificates
(and any Accrual Component) shall be allocated (subject to
Section 4.03(d)) on the basis of the lesser of (x) the Class
Certificate Principal Balance (or Component Principal
Balance) thereof immediately prior to the applicable
Distribution Date and (y) the Class Certificate Principal
Balance (or Component Principal Balance) thereof on the
Closing Date (as reduced by any Realized Losses previously
allocated thereto).
(c) With respect to any Distribution Date, the principal portion of any
Excess Loss (other than Excess Bankruptcy Losses attributable to Debt Service
Reductions) shall be allocated as follows: (1) the PO Percentage of any such
loss shall be allocated to the Class PO Certificates, and (2) the Non-PO
Percentage of any such loss shall be allocated to each Class of Certificates
other than the Class PO Certificates, pro rata, based on the respective Class
Certificate Principal Balances thereof; provided, that any such loss allocated
to any Class of Accrual Certificates (and any Accrual Component) shall be
allocated (subject to Section 4.03(d)) on the basis of the lesser of (x) the
Class Certificate Principal Balance (or Component Principal Balance) thereof
immediately prior to the applicable Distribution Date and (y) the Class
Certificate Principal Balance (or Component Principal Balance) thereof on the
Closing Date (as reduced by any Realized Losses previously allocated thereto).
(d) Any Realized Losses allocated to a Class of Certificates pursuant to
Section 4.03(b) or (c) shall be allocated among the Certificates of such Class
in proportion to their respective Certificate Principal Balances. In addition,
any Realized Losses allocated to any Class of Component Certificates on a
Distribution Date shall be allocated in reduction of the Component Principal
Balances of the related Components (other than any Notional Component) in
proportion to their respective Component Principal Balances immediately prior to
such Distribution Date. Any allocation of Realized Losses pursuant to this
paragraph (d) shall be accomplished by reducing the Certificate Principal
Balance (or, in the case of any Component, the Component Principal Balance) of
the related Certificates (or Components) on the related Distribution Date in
accordance with Section 4.03(e).
(e) Realized Losses allocated in accordance with this Section 4.03 shall be
allocated on the Distribution Date in the month following the month in which
such loss was incurred and, in the case of the principal portion thereof, after
giving effect to distributions made on such Distribution Date, except that the
aggregate amount of Realized Losses to be allocated to the Class PO Certificates
on such Distribution Date will be taken into account in determining
distributions in respect of any Class PO Deferred Amount for such date.
(f) On each Distribution Date, the Company shall determine the Subordinate
Certificate Writedown Amount, if any. Any such Subordinate Certificate Writedown
Amount shall effect a corresponding reduction in the Certificate Principal
Balance of the Subordinate Certificates, which reduction shall occur on such
Distribution Date after giving effect to distributions made on such Distribution
Date.
(g) Notwithstanding the foregoing, no such allocation of any Realized Loss
shall be made on a Distribution Date to a Class of Certificates to the extent
that such allocation would result in the reduction of the aggregate Certificate
Principal Balances of all the Certificates as of such Distribution Date, after
giving effect to all distributions and prior allocations of Realized Losses on
such date, to an amount less than the aggregate Scheduled Principal Balance of
the Mortgage Loans as of the first day of the month of such Distribution Date,
less any Deficient Valuations occurring on or prior to the Bankruptcy Coverage
Termination Date (such limitation, the "Loss Allocation Limitation").
Section 4.04. Monthly Advances; Purchases of Defaulted Mortgage Loans. (a)
The Company shall be required to make Monthly Advances in the manner and to the
extent provided herein. Prior to the close of business on each Determination
Date, the Company shall determine (i) the amount of the Monthly Advance which it
is required to make on the related Distribution Date and (ii) whether it has
elected to purchase any Defaulted Mortgage Loan or Loans on such Distribution
Date. If the Company so elects to purchase any Defaulted Mortgage Loans (or is
required to purchase any Mortgage Loan pursuant to Section 2.02 or 2.03(a)), no
Monthly Advance shall be required with respect thereto for the month in which
such purchase occurs. The Company shall include information as to each of such
determinations in the Servicer's Certificate furnished by it to the Trustee in
accordance with Section 4.06 and shall be obligated to transfer to the
Certificate Account pursuant to Section 3.02(d) on or before 11:00 a.m. New York
time on the Business Day next preceding the following Distribution Date in
next-day funds the respective amounts applicable to such determinations
appearing in such Servicer's Certificate. Upon receipt by the Trustee of written
notification signed by a Servicing Officer of any such deposit relating to the
purchase by the Company of such a Mortgage Loan, the Trustee shall release to
the Company the related Mortgage File and shall execute and deliver such
instruments of transfer or assignment, in each case without recourse, as shall
be necessary to vest in the Company any Mortgage Loan released pursuant hereto.
(b) In the event that the Company transfers or expects to transfer less
than the Available Funds required to be deposited by it pursuant to Section
3.02(d), the Company shall so notify the Trustee no later than 9:00 a.m. on the
Business Day preceding the related Distribution Date, and the amount so
transferred, if any, shall be deemed to have been transferred first pursuant to
clause (i) of the definition of Available Funds, second pursuant to clause (iii)
of the definition of Available Funds, and third pursuant to clause (ii) of the
definition of Available Funds. Such notice shall specify each Mortgage Loan
delinquent as of the preceding Determination Date. In such event, the Trustee
shall make any Monthly Advance required to be made hereunder, in the manner and
to the extent required; provided, the Trustee shall not be so obligated if
prohibited by applicable law.
(c) In the event that the Company is succeeded hereunder as servicer, the
obligation to make Monthly Advances in the manner and to the extent required by
Section 4.04(a) shall be assumed by the successor servicer (subject to Section
7.02).
Section 4.05. Statements to Certificateholders. Each month, at least two
Business Days prior to each Distribution Date, the Company shall deliver to the
Trustee for mailing to each Certificateholder, and the Trustee shall mail to
each Certificateholder on such Distribution Date, a statement (each, a
"Distribution Date Statement") substantially in the form of Exhibit J hereto,
setting forth:
(i) The amount of such distribution to the
Certificateholders of each Class (and in respect of any
Component), other than any Notional Certificates (and any
Notional Component), allocable to principal, separately
identifying the aggregate amount of any Principal Prepayments
included therein (including, for this purpose, the Scheduled
Principal Balances of all Defaulted Mortgage Loans and Defective
Mortgage Loans purchased pursuant to Section 2.02, 2.03(b) or
3.16, respectively, and any amounts deposited pursuant to Section
2.03(b) in connection with the substitution of any Mortgage Loans
pursuant to Section 2.02 or 2.03(a), the proceeds of which
purchases or substitutions are being distributed on such
Distribution Date);
(ii) The amount of such distribution to the
Certificateholders of each Class (other than any Class of
Principal Only Certificates) allocable to interest, including any
Accrual Amount added to the Class Certificate Principal Balance
or Component Principal Balance of any Class of Accrual
Certificates or any Accrual Components;
(iii) The amount of servicing compensation paid to the
Company during the month preceding the month of distribution in
respect of the Mortgage Loans and such other customary
information as the Company deems necessary or desirable to enable
Certificateholders to prepare their tax returns;
(iv) The Pool Scheduled Principal Balance and the aggregate
number of the Mortgage Loans on the preceding Due Date after
giving effect to all distributions allocable to principal made on
such Distribution Date;
(v) The Class Certificate Principal Balance (or Notional
Principal Balance) of each Class, the Component Principal Balance
of each Component and the Certificate Principal Balance (or
Notional Principal Balance) of a Single Certificate of each Class
after giving effect to (i) all distributions allocable to
principal (or reductions in the Notional Principal Balance, in
the case of the Notional Certificates, or the addition of any
Accrual Amount, in the case of any Class of Accrual Certificates)
made on such Distribution Date and (ii) the allocation of any
Realized Losses and any Subordinate Certificate Writedown Amount
for such Distribution Date;
(vi) The Pay-out Rate applicable to each Class of
Certificates;
(vii) The book value and unpaid principal balance of any
real estate acquired on behalf of Certificateholders through
foreclosure, or grant of a deed in lieu of foreclosure or
otherwise, of any REO Mortgage Loan, and the number of the
related Mortgage Loans;
(viii) The aggregate Scheduled Principal Balances and number
of Mortgage Loans which, as of the close of business on the last
day of the month preceding the related Distribution Date, were
(a) delinquent as to a total of (x) 30-59 days, (y) 60-89 days
and (z) 90 days or more, and (b) in foreclosure;
(ix) The Scheduled Principal Balance of any Mortgage Loan
replaced pursuant to Section 2.03(b);
(x) The Certificate Interest Rates of any LIBOR Certificates
and any COFI Certificates applicable to the Interest Accrual
Period relating to such Distribution Date and such Class;
(xi) The Senior Percentage, the Class A3 Percentage, the
Class A3 Group II Senior Percentage, the Class A7 Percentage, the
Class A7 Group II Senior Percentage, the Group II Senior
Distribution Percentage and the Junior Percentage for such
Distribution Date;
(xii) The Senior Prepayment Percentage and the Junior
Prepayment Percentage for such Distribution Date; and
(xiii) The amount of such distribution to the
Certificateholders of each Class allocable to Unanticipated
Recoveries.
In the case of information furnished pursuant to clauses (i) through (iii)
above, the amounts shall be expressed as a dollar amount per Single Certificate.
In connection with any proposed transfer of a Certificate that is purported
to be made in reliance on Rule 144A under the Securities Act, the Company shall
be responsible for furnishing such information as may be required thereunder to
a proposed transferee. In furtherance of the Company's obligations hereunder,
the Company hereby instructs the Trustee, at the Company's expense and on its
behalf, and the Trustee agrees, to promptly make available to the proposed
transferee, upon request of the holder, (i) all statements furnished to
Certificateholders pursuant to this Section 4.05(a) on previous Distribution
Dates, (ii) all certificates furnished to the Trustee pursuant to Section 4.06
in prior months, (iii) Officer's Certificates furnished to the Trustee pursuant
to Section 3.12 for the two years preceding such request, (iv) reports of
independent accountants furnished to the Trustee pursuant to Section 3.13 for
the two years preceding such request, (v) a copy of the Private Placement
Memorandum relating to such Certificate, together with any amendments or
supplements thereto issued by the Company (which copy shall be furnished to the
Trustee by the Company), and (vi) the Company's Current Report on Form 8-K,
dated the Closing Date, relating to the Mortgage Loans; provided, however, that
the Trustee shall in no event be required to make available such statements or
certificates pursuant to clauses (i) and (ii) above relating to Distribution
Dates occurring more than twenty-four months preceding the month in which such
request was received; provided, further, however, that notwithstanding the
Trustee's agreement as aforesaid to provide such materials to a proposed
transferee, the Trustee does not assume, and shall not thereby be deemed to have
assumed, any responsibility for compliance by the Company with Rule 144A
(subject to the Trustee's agreement set forth in the second sentence of this
paragraph) and shall be entitled to include a notice with such statements or
certificates to the effect that such materials have not been prepared or
assembled by the Trustee and that the Trustee assumes no responsibility for the
adequacy, sufficiency or contents thereof. In connection with any such proposed
transfer, the Company shall make available to the proposed holder, at the
request of the related transferor, such additional information, if any, as may
be required to be delivered pursuant to Rule 144A(d)(4).
Section 4.06. Servicer's Certificate. Each month, not later than the second
Business Day next preceding each Distribution Date, the Company shall deliver to
the Trustee a completed Servicer's Certificate.
Section 4.07. Reports of Foreclosures and Abandonments of Mortgaged
Property. The Trustee (or the Company on behalf of the Trustee) shall, in each
year beginning after 1998, make the reports of foreclosures and abandonments of
any Mortgaged Property as required by section 6050J of the Code. In order to
facilitate this reporting process, the Company, on or before January 15th of
each year, shall provide to the Trustee reports relating to each instance
occurring during the previous calendar year in which the Company (i) on behalf
of the Trustee acquires an interest in a Mortgaged Property through foreclosure
or other comparable conversion in full or partial satisfaction of a Mortgage
Loan, or (ii) knows or has reason to know that a Mortgaged Property has been
abandoned. Reports from the Company shall be in form and substance sufficient to
meet the reporting requirements imposed by section 6050J of the Code.
Section 4.08. Reduction of Base Servicing Fees by Compensating Interest
Payments. The aggregate amount of the Base Servicing Fees subject to retention
by the Company as servicer in respect of any Distribution Date shall be reduced
by the amount of any Compensating Interest Payment for such Distribution Date.
Section 4.09. Surety Bond. (a) If a Required Surety Payment is payable
pursuant to the Surety Bond with respect to any Pledged Asset Mortgage Loan, the
Company shall so notify the Trustee as soon as reasonably practicable and shall,
on behalf of the Trustee for the benefit of the Certificateholders, promptly
complete the notice in the form of Attachment 1 to the Surety Bond and shall
promptly submit such notice to the Surety as a claim for a Required Surety
Payment.
(b) Upon receipt of a Required Surety Payment from the Surety on behalf of
the Certificateholders, the Company shall promptly credit such amount to the
Mortgage Loan Payment Record.
Section 4.10. Distributions to Holders of Class A12 and Class A14
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 the Class A12 or Class A14 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 the
relevant 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 $100,000 per request; and
(ii) second, in respect of any Principal Distribution
Request by a Living Holder of the relevant Class of Certificates,
in an amount up to but not exceeding $10,000 per request.
Thereafter, distributions in respect of the relevant Class will be made as
provided in clauses (i) and (ii) above up to a second $100,000 and $10,000 per
request, respectively. 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 the
Class A12 or Class A14 Certificates, as the case may be.
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 Class A12 or Class A14 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 will be applied, in the aggregate, to the
Class A12 or Class A14 Certificates, as the case may be, in an amount equal to
the portion of the Available Funds distributable to such Class of Certificates
pursuant to Section 4.01(a)(iii), 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 the Class A12 or Class A14 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 Class A12 or Class A14
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. Class A12 or Class A14 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 Class A12 or Class A14
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. Class A12 or Class A14 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 Class A12 or Class A14 Certificates, as the case may be, greater
than the number of individual Class A12 or Class A14 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 Class A12 or Class A14
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 Class
A12 or Class A14 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 Class A12 or Class A14 Certificate, as the case may be, 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 A12 or Class A14 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. Furthermore, 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 Class
A12 or Class A14 Certificate will be held by the Depository until such request
has been accepted or has been withdrawn in writing as described 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 Class A12 or Class A14 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 Class A12 or Class A14 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 Class
A12 or Class A14 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 the Class A12 or Class
A14 Certificates on a Distribution Date 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 in reduction of the Class Certificate Principal Balance of the
Class A12 or Class A14 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, Class A12 or Class A14 Certificates, as the case may be, 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 Class A12
or Class A14 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, two Rounding Accounts shall be established with
the Trustee for the Class A12 and Class A14 Certificates, respectively, and
Merrill Lynch, Pierce, Fenner & Smith Incorporated 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 the Class A12 or Class A14 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 the Class A12 or Class A14 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 the related Class of 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 the
Class A12 or Class A14 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 for the Class A12 or Class A14
Certificates prior to the Cross-Over Date until the Class Certificate Principal
Balance of the related 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 REMIC.
(f) Notwithstanding any provisions herein to the contrary, on each
Distribution Date coinciding with or after the Cross-Over Date, all
distributions in reduction of the Class Certificate Principal Balance of any
Class A12 or Class A14 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 the Class A12 or
Class A14 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 Certificates shall be issued in an aggregate Initial Certificate
Principal Balance of $1,000,618,670.07. 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:
Initial Class Certificate
Certificate Interest Minimum
Designation Principal Balance Rate Denominations
- ----------- ----------------- ---- -------------
Class A1 $ 15,000,000.00 6.25% $25,000
Class A2 14,845,950.00 (1) 25,000
Class A3 66,985,604.00 6.25 25,000
Class A4 100,203,968.00 6.75 25,000
Class A5 137,449,250.00 6.00 25,000
Class A6 1,445,831.00 (2) 25,000
Class A7 20,040,801.00 6.00 25,000
Class A8 183,995,000.00 6.25 25,000
Class A9 225,000,000.00 6.25 25,000
Class A10 7,259,090.00 6.25 25,000
Class A11 25,000,000.00 6.25 25,000
Class A12 5,835,000.00 6.50 1,000
Class A13 6,392,875.00 6.50 25,000
Class A14 13,000,000.00 6.50 1,000
Class A15 5,344,543.00 (1) 25,000
Class A16 61,566,900.00 6.00 25,000
Class A17 21,268,118.00 6.00 25,000
Class A18 40,000,000.00 6.50 25,000
Class A19 2,500,000.00 6.50 1,000
Class A20 2,500,000.00 6.50 1,000
Class A21 2,500,000.00 6.50 1,000
Class A22 3,335,017.00 6.50 1,000
Class PO 125,876.07 0.00 (3)
Class M 18,511,445.00 6.25 100,000
Class B1 8,004,949.00 6.25 100,000
Class B2 4,502,784.00 6.25 100,000
Class B3 4,002,474.00 6.25 250,000
Class B4 2,001,237.00 6.25 250,000
Class B5 3,001,858.00 6.25 250,000
Class R 100.00 6.25 100
(1) The Certificate Interest Rates of the Class A2 and Class A15 Certificates
for each Interest Accrual Period shall be determined as provided in
Section 5.01(e).
(2) The Class A6 Certificates are Principal Only Certificates and are,
therefore, not entitled to distributions of interest.
(3) The Class PO Certificates will be issued as a single Certificate
evidencing the entire Class Certificate Principal Balance of such Class.
(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 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 Certificates shall be issued as a
single certificate evidencing the entire Class Certificate Principal Balance of
such Class and having a Percentage Interest of 100%. If necessary, one
Certificate of each Class of Book-Entry Certificates may evidence an additional
amount equal to the remainder of the Class Certificate Principal Balance (or
Notional Principal Balance) of such Class.
(d) The Certificates shall be executed by manual or facsimile signature on
behalf of the Trustee by an authorized officer under its seal, which may be in
facsimile form and be imprinted or otherwise reproduced thereon. Certificates
bearing the manual or facsimile signatures of individuals who were, at the time
when such signatures were affixed, authorized to sign on behalf of the Trustee
shall bind the Trustee, notwithstanding that such individuals or any of them
have ceased to be so authorized prior to the authentication and delivery of such
Certificates or did not hold such offices at the date of such Certificate. No
Certificate shall be entitled to any benefit under this Agreement, or be valid
for any purpose, unless such Certificate shall have been manually countersigned
by the Trustee substantially in the forms set forth in Exhibit A hereto, and
such countersignature upon any Certificate shall be conclusive evidence, and the
only evidence, that such Certificate has been duly executed and delivered
hereunder. All Certificates issued on the Closing Date shall be dated the
Closing Date; all Certificates issued thereafter shall be dated the date of
their countersignature.
(e) During the first Interest Accrual Period, the Certificate Interest Rate
of the Class A2 Certificates shall be 6.275% per annum. For each subsequent
Interest Accrual Period, the Certificate Interest Rate of the Class A2
Certificates shall be a per annum rate equal to the lesser of (i) 0.90% plus
LIBOR and (ii) 8.50%, subject to a minimum rate of 0.90%. During the first
Interest Accrual Period, the Certificate Interest Rate of the Class A15
Certificates shall be 6.180556% per annum. For each subsequent Interest Accrual
Period, the Certificate Interest Rate of the Class A15 Certificates shall be a
per annum rate equal to the lesser of (i) 21.1111111% minus the product of
2.7777777 and LIBOR and (ii) 21.1111111%, subject to a minimum rate of 0%.
Section 5.02. Registration of Transfer and Exchange of Certificates. (a)
The Trustee shall cause to be kept at an office or agency in the city in which
the Corporate Trust Office of the Trustee is located or in the City of New York,
New York a Certificate Register in which, subject to such reasonable regulations
as it may prescribe, the Trustee shall provide for the registration of
Certificates and of transfers and exchanges of Certificates as herein provided.
The Trustee shall initially serve as Certificate Registrar for the purpose of
registering Certificates and transfers and exchanges of Certificates as herein
provided.
Subject to Sections 5.02(b) and 5.02(c), upon surrender for registration of
transfer of any Certificate at the Corporate Trust Office, the Trustee shall
execute, authenticate and deliver, in the name of the designated transferee or
transferees, one or more new Certificates of the same Class in authorized
denominations of a like Percentage Interest.
At the option of a Certificateholder, Certificates may be exchanged for
other Certificates of authorized denominations of a like Class and Percentage
Interest, upon surrender of the Certificates to be exchanged at any such office
or agency. Whenever any Certificates are so surrendered for exchange the Trustee
shall execute, countersign and deliver the Certificates which the
Certificateholder making the exchange is entitled to receive. Every Certificate
presented or surrendered for registration of transfer or exchange shall be
accompanied by a written instrument of transfer in form satisfactory to the
Trustee and the Certificate Registrar duly executed by the Holder thereof or his
attorney duly authorized in writing.
No service charge shall be made for any registration of transfer or
exchange of Certificates, but the Trustee may require payment of a sum
sufficient to cover any tax or governmental charge that may be imposed in
connection with any transfer or exchange of Certificates.
All Certificates surrendered for registration of transfer and exchange
shall be canceled and subsequently destroyed by the Trustee and a certificate of
destruction shall be delivered by the Trustee to the Company.
(b) No legal or beneficial interest in all or any portion of the Residual
Certificates may be transferred directly or indirectly to (i) Disqualified
Organization or an agent of a Disqualified Organization (including a broker,
nominee, or middleman), (ii) an entity that holds REMIC residual securities as
nominee to facilitate the clearance and settlement of such securities through
electronic book-entry changes in accounts of participating organizations (a
"Book-Entry Nominee"), or (iii) an individual, corporation, partnership or other
person unless such transferee (A) is not a Non-U.S. Person or (B) is a Non-U.S.
Person that holds a Residual Certificate in connection with the conduct of a
trade or business within the United States and has furnished the 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 the REMIC established hereunder
to fail to qualify as a REMIC at any time that the Certificates are outstanding.
No transfer of a Restricted Certificate shall be made unless such transfer
is made pursuant to an effective registration statement under the Securities Act
of 1933, as amended (the "Act"), and any applicable state securities laws, in
each case as evidenced by an Officer's Certificate, or is exempt from the
registration requirements of the Act and any applicable state securities laws.
In the event of such registration, any restrictive legends set forth in the form
of the relevant Restricted Certificate in Exhibit A hereto with respect to the
Act and state securities law restrictions shall be removed by the Trustee upon
request of the Holder thereof and automatically upon exchange or registration of
transfer thereof. As a condition to any transfer that is to be made in reliance
upon an exemption from the Act and such laws of a (i) Class PO Certificate or
(ii) Restricted Junior Certificate to any person other than a QIB (as certified
by the proposed transferee in the form of assignment attached to the related
Certificate), either (x) the Trustee shall require the transferee to execute an
investment letter in the form substantially as set forth in Exhibit I hereto or
in such other form as may be acceptable to the Trustee, certifying as to the
facts surrounding such transfer, or (y) in lieu of such investment letter, the
Trustee may accept a written Opinion of Counsel (in form and substance
acceptable to the Trustee) that such proposed transfer may be made pursuant to
an exemption from the Act. As an additional condition to any transfer of a
Restricted Certificate, either (i) the transferor and the transferee shall
complete the form of assignment attached to the Certificate proposed to be
transferred, or (ii) the Trustee shall have received the above-referenced
Opinion of Counsel. The holder of any Restricted Certificate desiring to effect
the transfer thereof to a person other than a QIB shall, and hereby agrees to,
comply with any applicable conditions set forth in the preceding two sentences
and indemnify the Trustee and the Company against any liability that may result
if the transfer thereof is not so exempt or is not made in accordance with such
federal and state laws. Such agreement to so indemnify the Trustee and the
Company shall survive the termination of this Agreement. Notwithstanding the
foregoing, no Opinion of Counsel or investment letter shall be required upon the
original issuance of (i) the Restricted Junior Certificates to the Initial
Purchaser (as defined in the Private Placement Memorandum) or its nominee and
(ii) the Class PO Certificates to the Company or upon any subsequent transfer of
any Class PO Certificate by the Company, provided that if any Restricted Junior
Certificates are, at the request of the Initial Purchaser, registered in the
name of its nominee, the Initial Purchaser shall be deemed to acknowledge and
agree with the Company and the Trustee that no transfer of a beneficial interest
in such Certificates will be made without registering such Certificates in the
name of the 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 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 Record, or that
have been deposited by the Company in the Certificate Account or are thereafter
received by the Company with respect to the Mortgage Loans. In addition to any
other amounts which are then, or, notwithstanding the termination of its
activities as servicer, may become, payable to the Company under this Agreement,
the Company shall be entitled to receive out of any delinquent payment on
account of interest on a Mortgage Loan, due during the period prior to the
notice pursuant to this Section 7.01 which terminates the obligation and rights
of the Company hereunder and received after such notice, that portion of such
payment which it would have been entitled to retain pursuant to Section 3.04(vi)
if such notice had not been given.
Section 7.02. Trustee to Act; Appointment of Successor. (a) On and after
the time the Company receives a notice of termination pursuant to Section 7.01,
the Trustee shall be the successor in all respects to the Company in its
capacity as servicer under this Agreement and the transactions set forth or
provided for herein and shall succeed to all the rights of and be subject to all
the responsibilities, duties and liabilities relating thereto placed on the
Company in its capacity as servicer by the terms and provisions hereof;
provided, however, that the responsibilities and duties of the Company pursuant
to Sections 2.02 and 2.03(a) and, if the Trustee is prohibited by law or
regulation from making Monthly Advances, the responsibility to make Monthly
Advances pursuant to Section 4.04, shall not be the responsibilities, duties or
obligations of the Trustee; and provided further, that any failure of the
Trustee to perform such duties and responsibilities that is caused by the
Company's failure to cooperate with the Trustee as required by Section 7.01
shall not be considered a default by the Trustee hereunder. As compensation
therefor, the Trustee shall, except as provided in Section 7.01, be entitled to
such compensation as the Company would have been entitled to hereunder if no
such notice of termination had been given. Notwithstanding the above, the
Trustee may, if it shall be unwilling so to act, or shall, if it is legally
unable so to act, appoint, or petition a court of competent jurisdiction to
appoint, any established housing and home finance institution approved to
service mortgage loans for either FNMA or FHLMC, having a net worth of not less
than $10,000,000, as the successor to the Company hereunder in the assumption of
all or any part of the responsibilities, duties or liabilities of the Company
hereunder. Pending appointment of a successor to the Company pursuant to this
Article VII, unless the Trustee is prohibited by law from so acting, the Trustee
shall act in such capacity as hereinabove provided. In connection with such
appointment and assumption, the Trustee may make such arrangements for the
compensation of such successor out of payments on Mortgage Loans as it and such
successor shall agree; provided, however, that no such compensation shall be in
excess of that permitted the Company hereunder. The Trustee and such successor
shall take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession.
(b) Any successor, including the Trustee, to the Company as servicer
pursuant to this Article VII shall during the term of its service as servicer
maintain in force (i) a policy or policies of insurance covering errors and
omissions in the performance of its obligations as servicer hereunder, and (ii)
a fidelity bond in respect of its officers, employees and agents to the same
extent as the Company is so required pursuant to Section 3.15.
Section 7.03. Notification to Certificateholders. Upon any termination or
appointment of a successor to the Company pursuant to this Article VII, the
Trustee shall give prompt written notice thereof to Certificateholders at their
respective addresses appearing in the Certificate Register.
ARTICLE VIII
THE TRUSTEE
Section 8.01. Duties of Trustee. The Trustee, prior to the occurrence of an
Event of Default and after the curing of all Events of Default which may have
occurred, undertakes to perform such duties and only such duties as are
specifically set forth in this Agreement. If an Event of Default has occurred
(which has not been cured), the Trustee shall exercise such of the rights and
powers vested in it by this Agreement, and use the same degree of care and skill
in their exercise, as a prudent person would exercise or use under the
circumstances in the conduct of his or her own affairs.
The Trustee, upon receipt of all resolutions, certificates, statements,
opinions, reports, documents, orders or other instruments furnished to the
Trustee which are specifically required to be furnished pursuant to any
provision of this Agreement, shall examine them to determine whether they
conform to the requirements of this Agreement.
No provision of this Agreement shall be construed to relieve the Trustee
from liability for its own negligent action, its own negligent failure to act or
its own misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default, and
after the curing of all such Events of Default which may have
occurred, the duties and obligations of the Trustee shall be
determined solely by the express provisions of this Agreement,
the Trustee shall not be liable except for the performance of
such duties and obligations as are specifically set forth in this
Agreement, no implied covenants or obligations shall be read into
this Agreement against the Trustee and, in the absence of bad
faith on the part of the Trustee, the Trustee may conclusively
rely, as to the truth of the statements and the correctness of
the opinions expressed therein, upon any certificates or opinions
furnished to the Trustee and conforming to the requirements of
this Agreement;
(ii) The Trustee shall not be personally liable for an error
of judgment made in good faith by a Responsible Officer of the
Trustee, unless it shall be proved that the 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 the Mortgage Loan Payment Record pursuant to Section 3.04 to
reimburse the Trustee for any Monthly Advances and Nonrecoverable Advances.
Section 8.06. Eligibility Requirements for Trustee. The Trustee hereunder
shall at all times be a corporation having its principal office either in the
State of New York or in the same state as that in which the initial Trustee
under this Agreement has its principal office and organized and doing business
under the laws of such State or the United States of America, authorized under
such laws to exercise corporate trust powers, having a combined capital and
surplus of at least $50,000,000 and subject to supervision or examination by
federal or state authority. If such corporation publishes reports of condition
at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section 8.06,
the combined capital and surplus of such corporation shall be deemed to be its
combined capital and surplus as set forth in its most recent report of condition
so published. The Trustee shall not be an affiliate of the Company. In case at
any time the Trustee shall cease to be eligible in accordance with the
provisions of this Section 8.06, the Trustee shall resign immediately in the
manner and with the effect specified in Section 8.07.
Section 8.07. Resignation or Removal of Trustee. The Trustee may at any
time resign and be discharged from the trusts hereby created by giving written
notice thereof to the Company. Upon receiving such notice of resignation, the
Company shall promptly appoint a successor Trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the resigning
Trustee and one copy to the successor Trustee. If no successor Trustee shall
have been so appointed and having accepted appointment within 30 days after the
giving of such notice of resignation, the resigning Trustee may petition any
court of competent jurisdiction for the appointment of a successor Trustee.
If the conditions in any of the following clauses (i), (ii) or (iii) shall
occur at any time, the Company may remove the Trustee: (i) the Trustee shall
cease to be eligible in 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 the Trust Fund from failing to
qualify as a REMIC and to prevent the imposition of a tax on the Trust Fund or
the REMIC 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
Remittance Rate (less any amounts constituting previously unreimbursed Monthly
Advances) to the first day of the month in which such purchase price is to be
distributed to Certificateholders and (y) the appraised value of any REO
Mortgage Loan (less the good faith estimate of the Company of Liquidation
Expenses to be incurred in connection with its disposal thereof), such appraisal
to be conducted by an appraiser mutually agreed upon by the Company and the
Trustee, and (b) the later of the final payment or other liquidation (or any
Monthly Advance with respect thereto) of the last Mortgage Loan remaining in the
Trust Fund or the disposition of all property acquired upon foreclosure or by
deed in lieu of foreclosure of any Mortgage Loan; provided, however, that in no
event shall the Trust Fund created hereby continue beyond the expiration of 21
years from the death of the last survivor of the descendants of Joseph P.
Kennedy, the late ambassador of the United States of America to the Court of St.
James's, living on the date of this Agreement. The right of the Company to
repurchase all Mortgage Loans pursuant to clause (a) above shall be conditioned
upon the aggregate of the Scheduled Principal Balance of the Outstanding
Mortgage Loans, at the time of any such repurchase, aggregating less than 10
percent of the aggregate of the Scheduled Principal Balance of the Mortgage
Loans as of the Cut-off Date.
Notice of any termination, specifying the Distribution Date upon which the
Certificateholders may surrender their Certificates to the Trustee for payment
of the final distribution and cancellation, shall be given promptly by the
Trustee by letter to Certificateholders mailed not earlier than the 15th day and
not later than the 25th day of the month next preceding the month of such final
distribution specifying (A) the Distribution Date upon which final payment of
the Certificates will be made upon presentation and surrender of the
Certificates at the office of the Trustee therein designated, (B) the amount of
any such final payment and (C) that the Record Date otherwise applicable to such
Distribution Date is not applicable, payments being made only upon presentation
and surrender of the Certificates at the office of the Trustee therein
specified. The Trustee shall give such notice to the Certificate Registrar at
the time such notice is given to Certificateholders. In the event such notice is
given in connection with the exercise by the Company of its right of repurchase,
the Company shall deposit in the Certificate Account not later than 11:00 a.m.
on the Business Day prior to the final Distribution Date in next-day funds an
amount equal to the price described above. Upon presentation and surrender of
the Certificates, the Trustee shall cause to be distributed to
Certificateholders an amount equal to the price calculated as above provided,
any such repurchase being in lieu of the distribution otherwise required to be
made on the Distribution Date upon which the repurchase is effected. Upon
certification to the Trustee by a Servicing Officer following such final
deposit, the Trustee shall promptly release to the Company the Mortgage Files
for the repurchased Mortgage Loans.
On the final Distribution Date, the Trustee shall distribute amounts on
deposit in the Certificate Account in accordance with the applicable priorities
provided by Section 4.01. Distributions on each Certificate shall be made on the
final Distribution Date in the manner specified in Section 4.02 but only upon
presentation and surrender of the Certificates.
In the event that all of the Certificateholders shall not surrender their
Certificates for cancellation within six months after the date specified in the
above-mentioned written notice, the Trustee shall give a second written notice
to the remaining Certificateholders to surrender their Certificates for
cancellation and receive the final distribution with respect thereto. If within
one year after the second notice all the Certificates shall not have been
surrendered for cancellation, the Trustee may take appropriate steps, or may
appoint an agent to take appropriate steps, to contact the remaining
Certificateholders concerning surrender of their Certificates, and the cost
thereof shall be paid out of the funds and other assets which remain subject
hereto.
Section 9.02. Additional Termination Requirements. (a) In the event the
Company exercises its purchase option as provided in Section 9.01, the Trust
Fund and the REMIC established hereunder shall be terminated in accordance with
the following additional requirements, unless the Trustee has been supplied with
an Opinion of Counsel to the effect that the failure to comply with the
requirements of this Section 9.02 will not (i) result in the imposition of taxes
on "prohibited transactions" of such REMIC as defined in section 860F of the
Code, or (ii) cause the Trust Fund 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 REMIC within the meaning of
section 860F(a)(4)(A)(i) of the Code, which shall be evidenced by
such notice; and
(ii) Within 90 days after the time of adoption of such a
plan of complete liquidation, the Trustee shall sell all of the
assets of the Trust Fund to the Company for cash in accordance
with Section 9.01.
(b) By their acceptance of the Residual Certificates, the Holders thereof
hereby authorize the Trustee to adopt such a plan of complete liquidation which
authorization shall be binding on all successor Holders of the Residual
Certificates.
(c) On the final federal income tax return for the 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 the Trust Fund 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 the Trust Fund 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 December, 1998 before me, a notary public in and for the
State of New Jersey, personally appeared _______________________, known to me
who, being by me duly sworn, did depose and say that he/she resides at
__________________________________ ___________________________________; that
he/she is a(n) _________________________ of GE Capital Mortgage Services, Inc.,
a corporation formed under the laws of the State of New Jersey, one of the
parties that executed the foregoing instrument; that he/she knows the seal of
said corporation; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said
corporation; and that he/she signed his/her name thereto by like order.
----------------------------------
Notary Public
[Notarial Seal]
<PAGE>
The Commonwealth of Massachusetts )
) ss.:
County of Suffolk )
On the day of December, 1998 before me, a notary public in and for the
Commonwealth of Massachusetts, personally appeared ____________________, known
to me who, being by me duly sworn, did depose and say that he/she resides at
__________________
_____________________________________________________________; that he/she is
a(n) __________________________________ of State Street Bank and Trust Company,
one of the parties that executed the foregoing instrument; that he/she knows the
seal of said Bank; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said Bank;
and that he/she signed his/her name thereto by order of the Board of Directors
of said Bank.
----------------------------------
Notary Public
[Notarial Seal]
<PAGE>
EXHIBIT A
FORMS OF CERTIFICATES
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT
CONDUIT" ("REMIC") (AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED).
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED
IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY
AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.
<PAGE>
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A1 Certificate
Principal Balance:
Class A1 $15,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP:36157RXZ3
January 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
A1 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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 Multi-Class Pass-Through Certificates, Series 1998-25,
issued in thirty Classes (Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19, Class
A20, Class A21, Class A22, Class R, 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 M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan 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 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 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 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 Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A2 Certificate
Principal Balance:
Class A2 $14,845,950
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYA7
January 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
A2 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A3 Certificate
Principal Balance:
Class A3 $65,985,604
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYB5
January 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
A3 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A4 Certificate
Principal Balance:
Class A4 $100,203,968
Certificate Interest Initial Certificate Principal
Rate per annum: 6.75% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYC3
January 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
A4 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A5 Certificate
Principal Balance:
Class A5 $137,449,250
Certificate Interest Initial Certificate Principal
Rate per annum: 6.00% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYD1
January 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
A5 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A6 Certificate
Principal Balance:
Class A6 $1,445,831
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing $
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYE9
January 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
A6 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A7 Certificate
Principal Balance:
Class A7 $20,040,801
Certificate Interest Initial Certificate Principal
Rate per annum: 6.00% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYF6
January 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
A7 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A8 Certificate
Principal Balance:
Class A8 $183,995,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYG4
January 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
A8 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A9 Certificate
Principal Balance:
Class A9 $225,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYH2
January 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
A9 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A10 Certificate
Principal Balance:
Class A10 $7,259,090
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYJ8
January 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
A10 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A11 Certificate
Principal Balance:
Class A11 $25,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYK5
January 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
A11 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A12 Certificate
Principal Balance:
Class A12 $5,835,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYL3
January 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
A12 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A13 Certificate
Principal Balance:
Class A13 $6,392,875
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYM1
January 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
A13 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A14 Certificate
Principal Balance:
Class A14 $13,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYN9
January 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
A14 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A15 Certificate
Principal Balance:
Class A15 $5,344,543
Certificate Interest Initial Certificate Principal
Rate per annum: variable Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYP4
January 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
A15 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A16 Certificate
Principal Balance:
Class A16 $61,566,900
Certificate Interest Initial Certificate Principal
Rate per annum: 6.00% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYQ2
January 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
A16 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A17 Certificate
Principal Balance:
Class A17 $21,268,118
Certificate Interest Initial Certificate Principal
Rate per annum: 6.00% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYR0
January 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
A17 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A18 Certificate
Principal Balance:
Class A18 $40,000,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYS8
January 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
A18 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A19 Certificate
Principal Balance:
Class A19 $2,500,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYT6
January 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
A19 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A20 Certificate
Principal Balance:
Class A20 $2,500,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYU3
January 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
A20 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A21 Certificate
Principal Balance:
Class A21 $2,500,000
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYV1
January 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
A21 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class A22 Certificate
Principal Balance:
Class A22 $3,335,017
Certificate Interest Initial Certificate Principal
Rate per annum: 6.50% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYW9
January 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
A22 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<PAGE>
PRINCIPAL IN RESPECT OF THIS CERTIFICATE IS DISTRIBUTABLE AS SET FORTH IN THE
AGREEMENT (AS DEFINED HEREIN). ACCORDINGLY, THE CERTIFICATE PRINCIPAL BALANCE OF
THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE PRINCIPAL
BALANCE OF THIS CERTIFICATE AS SET FORTH HEREON. THIS CERTIFICATE DOES NOT
REPRESENT AN INTEREST IN OR OBLIGATION OF GE CAPITAL MORTGAGE SERVICES, INC. OR
THE TRUSTEE (AS DEFINED HEREIN).
TRANSFER OF THIS CERTIFICATE IS RESTRICTED AS PROVIDED IN SECTION 5.02 OF THE
AGREEMENT.
FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS THE "RESIDUAL
INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT" ("REMIC") AS THOSE
TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(2) AND 860D OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). A TRANSFEREE OF THIS CERTIFICATE,
BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO
CERTAIN RESTRICTIONS ON TRANSFERABILITY AS SET FORTH IN THE AGREEMENT, AND SHALL
BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR AND THE TRUSTEE TO THE
EFFECT THAT IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN
CODE SECTION 860E(e)(5), AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER
MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION, OR AN ENTITY THAT HOLDS REMIC
RESIDUAL SECURITIES AS NOMINEE TO FACILITATE THE CLEARANCE AND SETTLEMENT OF
SUCH SECURITIES THROUGH BOOK-ENTRY CHANGES IN ACCOUNTS OF PARTICIPATING
ORGANIZATIONS (A "BOOK-ENTRY NOMINEE") AND TO HAVE AGREED TO SUCH AMENDMENTS TO
THE AGREEMENT AS MAY BE REQUIRED TO FURTHER EFFECTUATE THE RESTRICTIONS ON
TRANSFERS TO DISQUALIFIED ORGANIZATIONS, AGENTS THEREOF OR BOOK-ENTRY NOMINEES.
THE HOLDER OF THIS CLASS R CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE
IRREVOCABLY APPOINTED THE COMPANY (AS DEFINED HEREIN) AS ITS AGENT AND
ATTORNEY-IN-FACT TO ACT AS "TAX MATTERS PERSON" OF THE 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.
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
<PAGE>
TO ACQUIRE THIS CERTIFICATE, EXCEPT AS DESCRIBED HEREIN. THE TRANSFER OF THIS
CERTIFICATE IS SUBJECT TO CERTAIN OTHER RESTRICTIONS AS SET FORTH HEREIN.
REMIC MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class R Certificate
Principal Balance:
Class R $100.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYX7
January 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 Certificates, both as specified above) in certain distributions with respect
to the Trust Fund, consisting primarily of a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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 Multi-Class Pass-Through Certificates, Series 1998-25,
issued in thirty Classes (Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19, Class
A20, Class A21, Class A22, Class R, 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 M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan 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 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 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 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 Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class M Certificate
Principal Balance:
Class M $18,511,445
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYY5
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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 Multi-Class Pass-Through Certificates, Series 1998-25,
issued in thirty Classes (Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19, Class
A20, Class A21, Class A22, Class R, 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 M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan 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 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 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 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 Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B1 Certificate
Principal Balance:
Class B1 $8,004,949
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RYZ2
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B2 Certificate
Principal Balance:
Class B2 $4,502,784
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RZA6
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B3 Certificate
Principal Balance:
Class B3 $4,002,474.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RZB4
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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 Multi-Class Pass-Through Certificates, Series 1998-25,
issued in thirty Classes (Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19, Class
A20, Class A21, Class A22, Class R, 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 M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Exemption 95-60, 60 Fed.
Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan 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 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 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 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 Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B4 Certificate
Principal Balance:
Class B4 $2,001,237.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RZC2
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class B5 Certificate
Principal Balance:
Class B5 $3,001,858.00
Certificate Interest Initial Certificate Principal
Rate per annum: 6.25% Balance of this Certificate:
$
Cut-off Date:
December 1, 1998
First Distribution Date: CUSIP: 36157RZD0
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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
<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 MULTI-CLASS PASS-THROUGH CERTIFICATE, SERIES 1998-25
evidencing a beneficial ownership interest in a
trust fund which consists primarily of a pool of
conventional, fixed rate, one- to four-family
mortgage loans sold and serviced by
GE CAPITAL MORTGAGE SERVICES, INC.
No. R- Initial Class PO Certificate
Principal Balance:
Class PO $125,876.07
Certificate Interest Initial Certificate Principal
Rate per annum: Balance of this Certificate:
non-interest bearing $
Cut-off Date:
December 1, 1998
First Distribution Date:
January 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 a pool (the "Pool") of conventional,
fixed rate, one- to four-family mortgage loans (the "Mortgage Loans"), sold and
serviced by GE Capital Mortgage Services, Inc., a corporation organized and
existing under the laws of the State of New Jersey (the "Company"). The Trust
Fund was created pursuant to a Pooling and Servicing Agreement dated as of
December 1, 1998 (the "Agreement"), between the Company and State Street Bank
and Trust Company, as trustee (the "Trustee"), a summary of certain of the
pertinent provisions of which is set forth herein below. To the extent not
defined herein, the terms used herein have the meanings assigned in the
Agreement. This Certificate is issued under and is subject to the terms,
provisions and conditions of the Agreement, to which Agreement the Holder of
this Certificate by virtue of the acceptance hereof assents and by which such
Holder is bound.
The Agreement requires the distribution on the 25th day of each month or,
if such 25th day is not a Business Day, the Business Day immediately following
(the "Distribution Date"), commencing in January 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 Multi-Class Pass-Through Certificates, Series 1998-25,
issued in thirty Classes (Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19, Class
A20, Class A21, Class A22, Class R, 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 M, Class B1, Class B2, Class B3, Class B4 or Class
B5 Certificate which is in the form of a Definitive Certificate shall be made to
any Person unless the Trustee has received (i) a certificate from such
transferee to the effect that such transferee (x) is not an employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as amended
("ERISA") or a plan subject to Section 4975 of the Internal Revenue Code of
1986, as amended ("Section 4975") (a "Plan") or a Person that is using the
assets of a Plan to acquire such Certificate or (y) is an insurance company
investing assets of its general account and the exemption provided by Section
III(a) of Department of Labor Prohibited Transaction Class Exemption 95-60, 60
Fed. Reg. 35925 (July 12, 1995) (the "Exemption") applies to such transferee's
acquisition and holding of such Certificate, or (ii) an opinion of counsel
satisfactory to the Trustee, which opinion shall not be an expense of the
Trustee or the Company, to the effect that the purchase and holding of such
Certificate will not constitute or result in the assets of the Trust Fund being
deemed to be "plan assets" and subject to the prohibited transaction provisions
of ERISA or Section 4975 and will not subject the Trustee or the Company to any
obligation in addition to those undertaken in the Agreement; provided, however,
that the Trustee will not require such certificate or opinion in the event that,
as a result of a change of law or otherwise, counsel satisfactory to the Trustee
has rendered an opinion to the effect that the purchase and holding of a Class
M, Class B1, Class B2, Class B3, Class B4 or Class B5 Certificate by a Plan 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 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 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 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 Mortgage Loans is subject to the Pool Scheduled Principal Balance
at the time of repurchase being less than 10 percent of the Pool Scheduled
Principal Balance as of the Cut-off Date. The Company's exercise of such right
will result in early retirement of the Certificates.
Unless this Certificate has been countersigned by the Trustee, by manual
signature, this Certificate shall not be entitled to any benefit under the
Agreement or be valid for any purpose.
<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>
B-1
EXHIBIT B
PRINCIPAL BALANCE SCHEDULES
None.
<PAGE>
EXHIBIT C
MORTGAGE LOANS
[Each Mortgage Loan shall be identified by loan number, address of the
Mortgaged Property and name of the Mortgagor. The following details shall be set
forth as to each Mortgage Loan: (i) the principal balance at the time of its
origination, (ii) the Scheduled Principal Balance as of the Cut-off Date, (iii)
the interest rate borne by the Mortgage Note, (iv) the scheduled monthly level
payment of principal and interest, (v) the Loan-to-Value Ratio, (vi) the
maturity date of the Mortgage Note and (vii) the Base Servicing Fee Rate for
such Mortgage Loan. Cooperative Loans and Enhanced Streamlined Refinance program
loans shall be designated as such.]
EXHIBIT C - SUPPLEMENT
SCHEDULE OF COOPERATIVE LOANS
SERIES 1998-25
LOAN NO. CUT-OFF DATE BORROWER
PRINCIPAL BALANCE NAME
70398805 $255,000.00 Singer
70432877 $280,000.00 Jubak
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0005204599 MORTGAGORS: VELLECO RALPH
VELLECO MARY
REGION CODE ADDRESS : 135 BEECHWOOD DRIVE
01 CITY : CRANSTON
STATE/ZIP : RI 02921
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 706,482.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,170.07 OUTSIDE CONV DATE :
LIFETIME RATE : 9.25000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.25000 PRODUCT CODE : 015
LTV : 68.18100
-------------------------------------------------------------------
0 0007688385 MORTGAGORS: KEATON CARL
KEATON CAROL
REGION CODE ADDRESS : 574 ALAMEDA STREET
01 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,887.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007688856 MORTGAGORS: WEBER JARED
GRAY PAMELA
REGION CODE ADDRESS : 14 LAKEVIEW TERRACE
01 CITY : TRUMBULL
STATE/ZIP : CT 06611
MORTGAGE AMOUNT : 396,460.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,816.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,637.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
0 0007697147 MORTGAGORS: JACOBSON JERRY
JACOBSON HELEN
REGION CODE ADDRESS : 4808 REFORMA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 323,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,355.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.16500
-------------------------------------------------------------------
0 0007697154 MORTGAGORS: OSEAS DAVID
OSEAS KELLY
REGION CODE ADDRESS : 2739 AUTUMN RIDGE DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 447,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,791.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,050.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,156,960.00
P & I AMT: 15,804.35
UPB AMT: 2,108,332.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007697212 MORTGAGORS: QUIST JOHN
QUIST LESLIE
REGION CODE ADDRESS : 1164 VIA MATEO
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,216.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0007697451 MORTGAGORS: THOMPSON MARSHALL
REGION CODE ADDRESS : 5782 CALPINE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,645.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,028.38 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 75.71400
-------------------------------------------------------------------
0 0007700735 MORTGAGORS: WILLIAMS DALE
WILLIAMS PAMELA
REGION CODE ADDRESS : 8136 SHOWCASE COURT
01 CITY : PASADENA
STATE/ZIP : MD 21122
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,421.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97000
-------------------------------------------------------------------
0 0007700933 MORTGAGORS: RITCHEY EUGENE
RITCHEY THERESA
REGION CODE ADDRESS : 190 TALL TREES DR.
01 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,969.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.88235
-------------------------------------------------------------------
0 0007701105 MORTGAGORS: GRENNEY PAUL
GRENNEY BONNIE
REGION CODE ADDRESS : 2440 UNIVERSITY HEIGHTS
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,219.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,557,000.00
P & I AMT: 11,115.82
UPB AMT: 1,551,470.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007701352 MORTGAGORS: BATTISTA BARBARA
BRIMELOW JOHN
REGION CODE ADDRESS : 1697 NOBLE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,644.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.60100
-------------------------------------------------------------------
0 0007701691 MORTGAGORS: SMEAD RICHARD
SMEAD PAULA
REGION CODE ADDRESS : 0413 W. LA BONTE,#401
01 CITY : DILLON
STATE/ZIP : CO 80435
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,832.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97100
-------------------------------------------------------------------
0 0007701790 MORTGAGORS: MOAZED DAVID
MOAZED TERESA
REGION CODE ADDRESS : 2415 WEST BOSTON
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,910.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007706955 MORTGAGORS: SCHUTT MARK
SCHUTT JEAN
REGION CODE ADDRESS : 17803 ARBOR HAVEN DRIVE
01 CITY : TAMPA
STATE/ZIP : FL 33647
MORTGAGE AMOUNT : 327,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,424.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,255.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/27
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.19600
-------------------------------------------------------------------
0 0007708266 MORTGAGORS: WOLFF ANTONIO
WOLFF JENNIFER
REGION CODE ADDRESS : 600 CHUMLEIGH ROAD
01 CITY : BALTIMORE
STATE/ZIP : MD 21212
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,297.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,584,250.00
P & I AMT: 10,696.66
UPB AMT: 1,578,109.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007708563 MORTGAGORS: RILEY GEOFFREY
RILEY CHRISTINE
REGION CODE ADDRESS : 465 ARBOL VIA
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 389,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,083.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007708571 MORTGAGORS: KOPALD WILLIAM
KOPALD SUSAN
REGION CODE ADDRESS : 4807 CAMBER ROAD
01 CITY : GREENSBORO
STATE/ZIP : NC 27407
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,423.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,550.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.18700
-------------------------------------------------------------------
0 0007708597 MORTGAGORS: BECKER JAMES
BECKER KIMBERLY
REGION CODE ADDRESS : 1650 MOUNT VERNON DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,181.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.46572
-------------------------------------------------------------------
0 0007708605 MORTGAGORS: KLINGENSMITH JACK
KLINGENSMITH DEBRA
REGION CODE ADDRESS : 18518 BENTLEY LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 363,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,504.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,480.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007708654 MORTGAGORS: MCMAHON LAWRENCE
MCMAHON JANET
REGION CODE ADDRESS : 82 WILLOWLEAF DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,329.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,605,100.00
P & I AMT: 10,946.23
UPB AMT: 1,600,522.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007708688 MORTGAGORS: SIMMONS STEVEN
SIMMONS NANCY
REGION CODE ADDRESS : 22410 MURRAY STREET
01 CITY : SHOREWOOD
STATE/ZIP : MN 55331
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,959.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007708712 MORTGAGORS: MOLATORE HARVEY
MOLATORE DONNA
REGION CODE ADDRESS : 1680 8TH AVENUE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,942.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007708878 MORTGAGORS: MAAITAH MUFARREH
REGION CODE ADDRESS : 5542 LAUREL RIDGE DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 242,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,369.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.99600
-------------------------------------------------------------------
0 0007708902 MORTGAGORS: RAVINDRAN KUPPUSAMY
REGION CODE ADDRESS : 7525 SKYLINE BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 367,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,760.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,473.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007709603 MORTGAGORS: RUFF JEFFREY
RUFF LISA
REGION CODE ADDRESS : 1401 BLUE SAGE CIRCLE
01 CITY : STEAMBOAT SPRINGS
STATE/ZIP : CO 80477
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,457.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.37700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,379,700.00
P & I AMT: 9,486.40
UPB AMT: 1,375,489.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007710155 MORTGAGORS: BALACY ELEAZAR
BALACY LARINA
REGION CODE ADDRESS : 4327 PICKEREL DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,125.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.67600
-------------------------------------------------------------------
0 0007710205 MORTGAGORS: COATES DAN
REGION CODE ADDRESS : 236 PURITAN PLACE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 278,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,277.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007710346 MORTGAGORS: COLE JOHN
REGION CODE ADDRESS : 34820 NORTH SUNSET TRAIL
01 CITY : CAREFREE
STATE/ZIP : AZ 85377
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,322.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.19000
-------------------------------------------------------------------
0 0007710510 MORTGAGORS: FARRAR SCOTT
FARRAR ELENA
REGION CODE ADDRESS : 84 JOY STREET
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,409.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 59.49000
-------------------------------------------------------------------
0 0007719479 MORTGAGORS: GARZA THOMAS
REGION CODE ADDRESS : 135 HAWKEN ROAD
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,132.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,717,350.00
P & I AMT: 11,925.11
UPB AMT: 1,711,267.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007719560 MORTGAGORS: STEELE SHAUNE
REGION CODE ADDRESS : 2220 VISTA DEL MAR AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,416.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007719586 MORTGAGORS: DAVEY KIRK
DAVEY GLORIA
REGION CODE ADDRESS : 17922 DENVALE CIRCLE
01 CITY : HUNTINGTON
STATE/ZIP : CA 92649
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 : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.16000
-------------------------------------------------------------------
0 0007719883 MORTGAGORS: ROBERTS GAYLE
MORRIS WILLERT
REGION CODE ADDRESS : 38-16 WALDO AVENUE
01 CITY : BRONX
STATE/ZIP : NY 10463
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,464.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,813.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007719974 MORTGAGORS: DAWSON KEN
DAWSON SUSAN
REGION CODE ADDRESS : 1691 ORVIETO COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 997,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 993,937.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,886.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 64.32200
-------------------------------------------------------------------
0 0007720550 MORTGAGORS: WHITE EMORY
HILL SARA
REGION CODE ADDRESS : 256 EAST MENDOCINO STREET
01 CITY : ALTADENA AREA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,283.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,407.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,316,200.00
P & I AMT: 16,131.08
UPB AMT: 2,310,542.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007721152 MORTGAGORS: STREETER JARVIS
STREETER SUSAN
REGION CODE ADDRESS : 11370 HIGHRIDGE COURT
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,457.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,342.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007724446 MORTGAGORS: KANE DAVID
KANE GAYLA
REGION CODE ADDRESS : 12988 MARINER COURT
01 CITY : MC CORDSVILLE
STATE/ZIP : IN 46055
MORTGAGE AMOUNT : 253,297.75 OPTION TO CONVERT :
UNPAID BALANCE : 251,923.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.94800
-------------------------------------------------------------------
0 0007724545 MORTGAGORS: BAKER RICHARD
BAKER JACQUILINE
REGION CODE ADDRESS : 2032 TROON DRIVE
01 CITY : HENDERSON
STATE/ZIP : NV 89014
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 628,516.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,297.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007725492 MORTGAGORS: WESTON DALE
WESTON ANNE
REGION CODE ADDRESS : 2643 ENGLISH OAK
01 CITY : ANN ARBOR
STATE/ZIP : MI 48103
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,368.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007726342 MORTGAGORS: O'CONNOR JENNIFER
O'CONNER MATTHEW
REGION CODE ADDRESS : 1055 DEL HARBOUR DR
01 CITY : DELRAY BEACH
STATE/ZIP : FL 33483
MORTGAGE AMOUNT : 616,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 614,585.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,254.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,257,297.75
P & I AMT: 15,472.65
UPB AMT: 2,250,851.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007726581 MORTGAGORS: PATRICK BILLY
PATRICK ASONJA
REGION CODE ADDRESS : 1003 THORNBLADE BLVD
01 CITY : GREER
STATE/ZIP : SC 29650
MORTGAGE AMOUNT : 475,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,380.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,243.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.88100
-------------------------------------------------------------------
0 0007726797 MORTGAGORS: BABINE JOHN
BABINE LINDA
REGION CODE ADDRESS : 1 STONE WELL ROAD
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,437.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.47368
-------------------------------------------------------------------
0 0007727316 MORTGAGORS: WILLIAMS RUDOLPH
WILLIAMS WANDA
REGION CODE ADDRESS : 4903 ROBERTS RIDGE ROAD
01 CITY : MONEE
STATE/ZIP : IL 60449
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,805.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.47058
-------------------------------------------------------------------
0 0007727365 MORTGAGORS: BACON RICHARD
BACON TRENLI
REGION CODE ADDRESS : 11420 BAYHILL WAY
01 CITY : INDPLS
STATE/ZIP : IN 46236
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,303.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007727431 MORTGAGORS: BANKSON PERRY
BANKSON LYNDA
REGION CODE ADDRESS : 7303 WILLOW GATE COURT
01 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 358,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,938.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,445.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.29400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,621,400.00
P & I AMT: 11,060.80
UPB AMT: 1,617,865.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007727498 MORTGAGORS: BASHEER AHMED
BASHEER RADIKA
REGION CODE ADDRESS : 32 FOUNDRY ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 284,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,655.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.16600
-------------------------------------------------------------------
0 0007727514 MORTGAGORS: MONGAN THOMAS
MONGAN ANNETTE
REGION CODE ADDRESS : 10220 CARRIAGE TRAIL
01 CITY : CINCINNATI
STATE/ZIP : OH 45242
MORTGAGE AMOUNT : 886,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 884,813.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,200.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 65.68800
-------------------------------------------------------------------
0 0007727589 MORTGAGORS: ALYEA DANIEL
ALYEA CELESTE
REGION CODE ADDRESS : 2589 BANKS DRIVE
01 CITY : ALTON
STATE/ZIP : IL 62002
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,357.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.80000
-------------------------------------------------------------------
0 0007727605 MORTGAGORS: ASCIERTO JOSEPH
ASCIERTO ROSE
REGION CODE ADDRESS : 9894 EAST HIDDEN GREEN DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85262
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,225.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.20800
-------------------------------------------------------------------
0 0007727647 MORTGAGORS: WILLIAMS C.
WILLIAMS ROBIN
REGION CODE ADDRESS : 148 NEW GRANGE PASS
01 CITY : ST CHARLES
STATE/ZIP : MO 63304
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,340.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.70300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,075,900.00
P & I AMT: 14,390.12
UPB AMT: 2,071,393.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007727860 MORTGAGORS: WAREING DARRYL
WAREING LURA-BETH
REGION CODE ADDRESS : 5834 E TURQUOISE AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 386,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,340.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007731052 MORTGAGORS: KLIMKO MARK
ELLISON ANN
REGION CODE ADDRESS : 3743 TYNEMOORE TRACE
01 CITY : SMYRNA
STATE/ZIP : GA 30080
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,362.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.90300
-------------------------------------------------------------------
0 0007731102 MORTGAGORS: DEJAK THOMAS
REGION CODE ADDRESS : 4472 FAIRECROFT TERRACE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,359.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0007731110 MORTGAGORS: TERRY DAVID
TERRY SUE
REGION CODE ADDRESS : 7582 BENEDICT DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75214
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,246.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007731250 MORTGAGORS: STANLEY-JONES JOHN
STANLEY-JONES ROSEMARY
REGION CODE ADDRESS : 4002 SOUTHWEST ARROYO COURT
01 CITY : SEATTLE
STATE/ZIP : WA 98146
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,351.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,610,250.00
P & I AMT: 10,897.79
UPB AMT: 1,604,660.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007731359 MORTGAGORS: JOHNSON JAMES
JOHNSON ALLISON
REGION CODE ADDRESS : 6113 162ND PLACE S.E.
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 625,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 623,528.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,263.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.62100
-------------------------------------------------------------------
0 0007731557 MORTGAGORS: FURST STEVEN
REGION CODE ADDRESS : 292 JUANITA WAY
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 562,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,609.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,739.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.15400
-------------------------------------------------------------------
0 0007731698 MORTGAGORS: WOLFE CLARENCE
WOLFE V.
REGION CODE ADDRESS : 4057 WEST RED ROCK DRIVE
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,329.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007731789 MORTGAGORS: OLDER MICHAEL
BLACKBURN PAULA
REGION CODE ADDRESS : 700 COMMONWEALTH AVE
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,081.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.49100
-------------------------------------------------------------------
0 0007731904 MORTGAGORS: MCCOY LANCE
MCCOY SHARON
REGION CODE ADDRESS : 5231 YELLOWTAIL LANE
01 CITY : KENNESAW
STATE/ZIP : GA 30152
MORTGAGE AMOUNT : 282,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,184.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,171,850.00
P & I AMT: 14,815.69
UPB AMT: 2,166,733.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007732134 MORTGAGORS: BUSHNELL JONATHAN
BUSHNELL HOLLY
REGION CODE ADDRESS : 0021 DEBORAH LANE
01 CITY : SILVERTHORNE
STATE/ZIP : CO 80498
MORTGAGE AMOUNT : 238,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,675.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,605.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99200
-------------------------------------------------------------------
0 0007732423 MORTGAGORS: DASHIELL ANDREW
DASHIELL MALLIE
REGION CODE ADDRESS : 872 NORTH PACIFIC STREET
01 CITY : ROCKAWAY BEACH
STATE/ZIP : OR 97136
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,457.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007732753 MORTGAGORS: GOODWIN WILLIAM
GOODWIN MARGARET
REGION CODE ADDRESS : 23531 ROLLING FORK WAY
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20882
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,563.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.98924
-------------------------------------------------------------------
0 0007733181 MORTGAGORS: BLUM PAUL
BLUM ORENE
REGION CODE ADDRESS : 7501 AMKIN COURT
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,533.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007733413 MORTGAGORS: WOMBLE THURSTON
WOMBLE WENDY
REGION CODE ADDRESS : 319 GROVE AVENUE
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 389,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,455.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99218
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,422,900.00
P & I AMT: 9,341.88
UPB AMT: 1,415,685.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007733694 MORTGAGORS: THOMAS JOHN
THOMAS BEVERLY
REGION CODE ADDRESS : 5915 COLFAX AVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22311
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,960.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007734767 MORTGAGORS: CHAPMAN BRETT
CHAPMAN JULIE
REGION CODE ADDRESS : 5054 ROYAL VISTA COURT,
01 CITY : WESTLAKE VILLAGE AREA, TH
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 999,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 998,265.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,568.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.60700
-------------------------------------------------------------------
0 0007735129 MORTGAGORS: LEHR JONATHAN
LEHR ANNE
REGION CODE ADDRESS : 9 WINDWARD AVENUE
01 CITY : WHITE PLAIN
STATE/ZIP : NY 10605
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 46.87500
-------------------------------------------------------------------
0 0007735202 MORTGAGORS: CRAIG DOUGLAS
CRAIG KIRA
REGION CODE ADDRESS : 2474 GREENVIEW DRIVE
01 CITY : UNIONTOWN
STATE/ZIP : OH 44685
MORTGAGE AMOUNT : 245,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,750.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98548
-------------------------------------------------------------------
0 0007735236 MORTGAGORS: BILLISON THOMAS
REGION CODE ADDRESS : 146 WHITETAIL DRIVE N.E.
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,557.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,092,450.00
P & I AMT: 13,929.82
UPB AMT: 2,087,844.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007735335 MORTGAGORS: DUFFY SHAUN
DUFFY KATHERINE
REGION CODE ADDRESS : 41 POMPOSITTICUT ROAD
01 CITY : STOW
STATE/ZIP : MA 01775
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,303.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007735483 MORTGAGORS: BRADLEY DENNIS
NELSON-BRADLEY BEATRICE
REGION CODE ADDRESS : 3139 BURIED OAK TRAIL
01 CITY : CRETE
STATE/ZIP : IL 60417
MORTGAGE AMOUNT : 273,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,301.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 92.84700
-------------------------------------------------------------------
0 0007735541 MORTGAGORS: ALLEN STEVEN
ALLEN SUSAN
REGION CODE ADDRESS : 11950 NE 36TH PLACE
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 386,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,845.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,737.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 55.08500
-------------------------------------------------------------------
0 0007735657 MORTGAGORS: BERKEY BART
BERKEY TERRI
REGION CODE ADDRESS : 47787 MACGILL COURT
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 260,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,805.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99201
-------------------------------------------------------------------
0 0007735913 MORTGAGORS: ANDERSON MICHAEL
ANDERSON CAROL
REGION CODE ADDRESS : 208 HEMLOCK CIRCLE
01 CITY : NORTH WALES
STATE/ZIP : PA 19454
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,362.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,481,050.00
P & I AMT: 10,206.35
UPB AMT: 1,476,618.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007735939 MORTGAGORS: BISCHOFF MICHAEL
BISCHOFF LISA
REGION CODE ADDRESS : 6630 CRANBERRY LAKE ROAD
01 CITY : CLARKSTON
STATE/ZIP : MI 48348
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,040.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007736291 MORTGAGORS: WITTER DAVID
WITTER JOAN
REGION CODE ADDRESS : 10003 CLOVERDALE PLACE
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 344,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,784.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,350.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.71400
-------------------------------------------------------------------
0 0007736358 MORTGAGORS: SPEARS JOHN
SPEARS SUSAN
REGION CODE ADDRESS : 463 MONACO DRIVE
01 CITY : PUNTA GORDA
STATE/ZIP : FL 33950
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,618.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.14285
-------------------------------------------------------------------
0 0007736598 MORTGAGORS: BIRNBAUM DAVID
RACITI JOAN
REGION CODE ADDRESS : 10309 BRECONSHIRE ROAD
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,176.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007736820 MORTGAGORS: WOFFORD KEITH
REGION CODE ADDRESS : 452 WEST 142ND STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10031
MORTGAGE AMOUNT : 358,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,852.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,475.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,466,500.00
P & I AMT: 10,146.29
UPB AMT: 1,463,472.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007736853 MORTGAGORS: ALEXANDER KEITH
ALEXANDER ANDREA
REGION CODE ADDRESS : 15 DALMENY ROAD
01 CITY : BRIARCLIFF
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,876.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,199.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007737679 MORTGAGORS: ANDREWS DAVID
ANDREWS SUSAN
REGION CODE ADDRESS : 317 OLD BILLERICA ROAD
01 CITY : BEDFORD
STATE/ZIP : MA 01730
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,681.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.33300
-------------------------------------------------------------------
0 0007738040 MORTGAGORS: BART BRADLEY
DIEM SUSAN
REGION CODE ADDRESS : 3843 ZENITH AVENUE SOUTH
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55410
MORTGAGE AMOUNT : 299,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,745.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.84000
-------------------------------------------------------------------
0 0007738107 MORTGAGORS: LIN RONG
CHING JENNIE
REGION CODE ADDRESS : 15703 ROYAL OAK ROAD, ENCINO AREA,
01 CITY : LOS ANGELES
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 542,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 541,551.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,700.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738503 MORTGAGORS: DAUGHERTY KELLY
REGION CODE ADDRESS : 8839 CYNTHIA STREET #4
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,832.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,755,700.00
P & I AMT: 12,051.92
UPB AMT: 1,751,687.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738545 MORTGAGORS: SONI SURESH
SONI SHARMILA
REGION CODE ADDRESS : 6231 PAT AVENUE
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,320.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738560 MORTGAGORS: MARCO JOHN
MARCO AUDREY
REGION CODE ADDRESS : 2607 RINDGE LANE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,411.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738727 MORTGAGORS: SISCO BRADLEY
SISCO SANDRA
REGION CODE ADDRESS : 15053 AVENIDA DEL RIO ROAD
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,493.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738735 MORTGAGORS: BINDER STANLEY
REGION CODE ADDRESS : 20815 JUNIPER AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 282,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,979.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.60000
-------------------------------------------------------------------
0 0007738750 MORTGAGORS: BIMSTEFER JAMES
REGION CODE ADDRESS : 13320 SPRINGWOOD COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 38.41200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,410,400.00
P & I AMT: 9,503.91
UPB AMT: 1,407,711.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738768 MORTGAGORS: GALLO FRANK
GALLO SUSAN
REGION CODE ADDRESS : 4992 BAYFIELD DRIVE
01 CITY : WATERFORD
STATE/ZIP : WI 53185
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,599.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738883 MORTGAGORS: YIP GORDON
REGION CODE ADDRESS : 878 QUETTA AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,487.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738891 MORTGAGORS: BEEH EDWARD
BEEH BETH
REGION CODE ADDRESS : 4515 EAST ONYX AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,885.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,847.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.78900
-------------------------------------------------------------------
0 0007738925 MORTGAGORS: KENNEDY WAYNE
KENNEDY MARYJO
REGION CODE ADDRESS : 975 OAKWOOD COURT SOUTH
01 CITY : YORK
STATE/ZIP : PA 17356
MORTGAGE AMOUNT : 458,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,839.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,008.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.06600
-------------------------------------------------------------------
0 0007738933 MORTGAGORS: WILSON THOMAS
WILSON MARGARETT
REGION CODE ADDRESS : 3 FOX RUN
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,522.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,414.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 67.40000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,500.00
P & I AMT: 11,337.66
UPB AMT: 1,651,333.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738941 MORTGAGORS: ODEGARD LINDA
REGION CODE ADDRESS : 100 2ND STREET SOUTHEAST #1002
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55414
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738958 MORTGAGORS: O'NEIL DENNIS
O'NEIL NANCY
REGION CODE ADDRESS : 11831 MOUNT CURVE ROAD
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55347
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,093.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.38000
-------------------------------------------------------------------
0 0007739006 MORTGAGORS: PACE LARRY
PACE THEDA
REGION CODE ADDRESS : 3116 WINTERGREEN TERRACE
01 CITY : GRAPEVINE
STATE/ZIP : TX 76051
MORTGAGE AMOUNT : 261,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,811.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739014 MORTGAGORS: LEONARD JAMES
LEONARD ANDREA
REGION CODE ADDRESS : 1914 CRESSON DR
01 CITY : SOUTHLAKE
STATE/ZIP : TX 76092
MORTGAGE AMOUNT : 298,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,933.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,035.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739030 MORTGAGORS: AU ALICE WAI
REGION CODE ADDRESS : 20048 EAST DAMERAL DRIVE
01 CITY : COVINA AREA, LOS ANGELES
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,413.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.35849
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,476,100.00
P & I AMT: 10,105.00
UPB AMT: 1,473,578.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007739063 MORTGAGORS: CUSHING PAUL
CUSHING JOY
REGION CODE ADDRESS : 903 GRAF COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95661
MORTGAGE AMOUNT : 233,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,163.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007739279 MORTGAGORS: PELLEGRINO MICHAEL
PELLEGRINO CYNTHIA
REGION CODE ADDRESS : 13023 GORDON CIRCLE
01 CITY : HAGERSTOWN
STATE/ZIP : MD 21742
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,561.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.00000
-------------------------------------------------------------------
0 0007739287 MORTGAGORS: PRICKETT DAN
PRICKETT JANICE
REGION CODE ADDRESS : 36936 SNICKERSVILLE TURNPIKE
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,311.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739295 MORTGAGORS: LAFAYETTE AVIS
REGION CODE ADDRESS : 4509 MARY AVENUE
01 CITY : BALTIMORE
STATE/ZIP : MD 21206
MORTGAGE AMOUNT : 111,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 110,784.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 776.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 93.27700
-------------------------------------------------------------------
0 0007739352 MORTGAGORS: YIM VINCENT
YIM WENDY
REGION CODE ADDRESS : 1374 AUPULA PLACE
01 CITY : KAILUA
STATE/ZIP : HI 96734
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,131.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,512.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,579,700.00
P & I AMT: 10,680.98
UPB AMT: 1,576,951.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007739725 MORTGAGORS: ARBOGAST DONALD
ARBOGAST LISA
REGION CODE ADDRESS : 4200 PENNSYLVANIA STREET
01 CITY : INDIANAPOLI
STATE/ZIP : IN 46205
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,545.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.41100
-------------------------------------------------------------------
0 0007739857 MORTGAGORS: WOLFSON JANE
MITCHELL WILLIAM
REGION CODE ADDRESS : 10 BATES STREET
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02140
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 548,705.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,751.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.96700
-------------------------------------------------------------------
0 0007739881 MORTGAGORS: BORSELLI MICHAEL
REGION CODE ADDRESS : 119 HILL AND PLAIN ROAD
01 CITY : NORTH FALMOUTH
STATE/ZIP : MA 02540
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,706.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.80400
-------------------------------------------------------------------
0 0007739980 MORTGAGORS: MAHAFFY PATRICK
MAHAFFY CYNTHIA
REGION CODE ADDRESS : 845 5TH STREET
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 980,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 978,504.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,768.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007740087 MORTGAGORS: SWARTZ DENNIS
SWARTZ JANICE
REGION CODE ADDRESS : 111 BLUEGRASS CIRCLE
01 CITY : HENDERSONVILLE
STATE/ZIP : TN 37075
MORTGAGE AMOUNT : 265,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,269.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,881.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 68.16600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,352,600.00
P & I AMT: 16,222.17
UPB AMT: 2,347,730.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007740442 MORTGAGORS: BANKER BRUCE
MENNICK CATHERINE
REGION CODE ADDRESS : 5369 S KENTON COURT
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,196.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.49200
-------------------------------------------------------------------
0 0007741945 MORTGAGORS: ASHMAN DAVID
CHAMBERS AUDRA
REGION CODE ADDRESS : 236 AUTUMN CHASE DRIVE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,142.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.98000
-------------------------------------------------------------------
0 0007742026 MORTGAGORS: ALANI RAGHAD
AZARIAN DAVID
REGION CODE ADDRESS : 304 LAKE STREET
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,179.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 86.25700
-------------------------------------------------------------------
0 0007742125 MORTGAGORS: KNOTTS CHESTER
KNOTTS CAROLYN
REGION CODE ADDRESS : 2793 NORTH HOLLYBROOK PLACE
01 CITY : EAGLE
STATE/ZIP : ID 83616
MORTGAGE AMOUNT : 275,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,140.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.21600
-------------------------------------------------------------------
0 0007742232 MORTGAGORS: GOLDBERG MICHAEL
CLEMMER ROBIN
REGION CODE ADDRESS : 1789 SOUTH 86TH CIRCLE
01 CITY : OMAHA
STATE/ZIP : NE 68124
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,104.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.93750
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,556,250.00
P & I AMT: 10,888.04
UPB AMT: 1,551,762.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007742299 MORTGAGORS: BACUS MICHAEL
BACUS DARLA
REGION CODE ADDRESS : 4756 130TH AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 327,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,709.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99400
-------------------------------------------------------------------
0 0007742349 MORTGAGORS: FRANCIS KENNETH
FRANCIS LAURENCE
REGION CODE ADDRESS : 2548 MEDINA CIRCLE
01 CITY : MEDINA
STATE/ZIP : WA 98039
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,183.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.76923
-------------------------------------------------------------------
0 0007742356 MORTGAGORS: DAPPER DANIEL
DAPPER SUSAN
REGION CODE ADDRESS : 15306 61ST PLACE NORTHEAST
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 359,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,372.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,452.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.36700
-------------------------------------------------------------------
0 0007742380 MORTGAGORS: AUTREY EZELL
AUTREY REBECCA
REGION CODE ADDRESS : 11249 RUSSWOOD CIRCLE
01 CITY : DALLAS
STATE/ZIP : TX 75229
MORTGAGE AMOUNT : 399,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,144.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.05 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742398 MORTGAGORS: ANDERSON DAVID
ANDERSON KATHLEEN
REGION CODE ADDRESS : W303 N3275 TIMBER HILL COURT
01 CITY : DELAFIELD
STATE/ZIP : WI 53072
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,882.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,007.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,868,200.00
P & I AMT: 12,825.57
UPB AMT: 1,863,292.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007742463 MORTGAGORS: ALBRING ROBERT
REGION CODE ADDRESS : 4467 RIVER ROAD
01 CITY : TOLEDO
STATE/ZIP : OH 43614
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,176.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.14800
-------------------------------------------------------------------
0 0007742679 MORTGAGORS: ALEX STEVEN
ALEX PATIENCE
REGION CODE ADDRESS : 720 BECKER DR.
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,822.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742786 MORTGAGORS: ANGE JAMES
ANGE JENNIFER
REGION CODE ADDRESS : 3250 NORTHWEST 59TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98107
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,359.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.05000
-------------------------------------------------------------------
0 0007742893 MORTGAGORS: GIFFORD KAREN
GIFFORD MARK
REGION CODE ADDRESS : 12628 NORTHEAST 102ND PLACE
01 CITY : KIRKLAND
STATE/ZIP : WA 98003
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,595.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742984 MORTGAGORS: BANDLER STEVEN
BANDLER LINDA
REGION CODE ADDRESS : 7130 N. 2ND PLACE
01 CITY : PHOENIX
STATE/ZIP : AZ 85020
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,223.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,200.00
P & I AMT: 11,614.70
UPB AMT: 1,700,176.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007743222 MORTGAGORS: WILLIAMS SCOTT
REGION CODE ADDRESS : 154 MILLSTONE ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,317.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,974.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007743271 MORTGAGORS: BEALL THOMAS
BEALL KAREN
REGION CODE ADDRESS : 104 CATTAIL COURT
01 CITY : PLATTEVILLE
STATE/ZIP : CO 80651
MORTGAGE AMOUNT : 304,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,728.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.37300
-------------------------------------------------------------------
0 0007743388 MORTGAGORS: ASKOUNIS THOMAS
GREEN KEVIN
REGION CODE ADDRESS : 2658G N. SOUTHPORT AVE.
01 CITY : CHICAGO
STATE/ZIP : IL 60614
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.18100
-------------------------------------------------------------------
0 0007743685 MORTGAGORS: GARDNER ALISTAIR
GARDNER EDITH
REGION CODE ADDRESS : 7 TAYLOR LANE
02 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,246.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747272 MORTGAGORS: BECKWITH SUZANNE
BECKWITH KEVIN
REGION CODE ADDRESS : 5025 MARION ROAD
02 CITY : PERRY
STATE/ZIP : KS 66073
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,078.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.74000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,790,500.00
P & I AMT: 12,163.00
UPB AMT: 1,786,358.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747348 MORTGAGORS: PATEL HIREN
PATEL PATRICIA
REGION CODE ADDRESS : 225 WEST 83RD STREET APT.18 M
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,023.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,935.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747413 MORTGAGORS: ROSENGREN JOSEPH
ROSENGREN BETTY
REGION CODE ADDRESS : 18835 AUGUSTA DRIVE
01 CITY : MONUMENT
STATE/ZIP : CO 80132
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,862.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.28500
-------------------------------------------------------------------
0 0007747421 MORTGAGORS: HELEIN CHARLES
REGION CODE ADDRESS : 1220 DAVISWOOD DRIVE
02 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 417,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,840.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,023.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 51.80100
-------------------------------------------------------------------
0 0007747447 MORTGAGORS: HERSHMAN LLOYD
HERSHMAN ELIZABETH
REGION CODE ADDRESS : 5740 SOUTHWEST 96TH STREET
01 CITY : PINECREST
STATE/ZIP : FL 33156
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 991,140.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,250.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 015
LTV : 50.06400
-------------------------------------------------------------------
0 0007747462 MORTGAGORS: ROWE DONALD
REGION CODE ADDRESS : 2612 HERITAGE PARK CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,881.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,389,000.00
P & I AMT: 16,987.59
UPB AMT: 2,376,749.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747488 MORTGAGORS: DIMARCO FRANK
DIMARCO DONNA
REGION CODE ADDRESS : 8 WATCH HILL ROAD
01 CITY : PLEASANTVILLE
STATE/ZIP : NY 10570
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,991.81 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 : 002
LTV : 71.42800
-------------------------------------------------------------------
0 0007747496 MORTGAGORS: LARSON JAMES
SZABO-LARSON SYLVIA
REGION CODE ADDRESS : 30296 LA VUE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,145.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.65500
-------------------------------------------------------------------
0 0007747512 MORTGAGORS: WARREN STEVEN
WARREN MARCELLA
REGION CODE ADDRESS : 17 DURANCE CT
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72211
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,050.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,300.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747520 MORTGAGORS: BETTESWORTH LARRY
BETTESWORTH NANCY
REGION CODE ADDRESS : 11301 SOUTH FREYA ROAD
01 CITY : SPOKANE
STATE/ZIP : WA 99223
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,401.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,550.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747561 MORTGAGORS: SLATTERY ROBERT
SLATTERY ELLEN
REGION CODE ADDRESS : 7855 SHAWNEE RUN ROAD
02 CITY : CINCINNATI
STATE/ZIP : OH 45243
MORTGAGE AMOUNT : 880,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 877,683.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,153.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 76.52100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,251,000.00
P & I AMT: 15,636.67
UPB AMT: 2,245,272.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747587 MORTGAGORS: PARRISH SUSAN
REGION CODE ADDRESS : 369 COLDSPRING ROAD
01 CITY : STANFORDVILLE
STATE/ZIP : NY 12581
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,313.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,065.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747595 MORTGAGORS: STIER MARC
GOTTLIEB DIANE
REGION CODE ADDRESS : 6714 WISSAHICKON AVENUE
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19119
MORTGAGE AMOUNT : 447,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,255.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747603 MORTGAGORS: JIMERSON CHERYL
REGION CODE ADDRESS : 156 PINE WALK
01 CITY : FIRE ISLAND PINES
STATE/ZIP : NY 11782
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,356.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747645 MORTGAGORS: WEGNER PAMELA
WEGNER RICHARD
REGION CODE ADDRESS : 1840 YAHARA PLACE
01 CITY : MADISON
STATE/ZIP : WI 53704
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,425.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 44.64285
-------------------------------------------------------------------
0 0007747710 MORTGAGORS: FLOWERS ROBERT
FLOWERS MICKI
REGION CODE ADDRESS : 6052 52ND AVENUE SOUTH
01 CITY : SEATTLE
STATE/ZIP : WA 98118
MORTGAGE AMOUNT : 975,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 972,613.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,817.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,251,500.00
P & I AMT: 15,787.72
UPB AMT: 2,245,965.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747801 MORTGAGORS: RAND DAVID
RAND LEIGH
REGION CODE ADDRESS : 1316 BRISTOL RIDGE PLACE
01 CITY : CROWNSVILLE
STATE/ZIP : MD 21032
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,011.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.34400
-------------------------------------------------------------------
0 0007747819 MORTGAGORS: GILLIS STEPHEN
MCKEE KATHLEEN
REGION CODE ADDRESS : 180 SHERMAN AVENUE
01 CITY : ROCKVILLE CENTRE
STATE/ZIP : NY 11570
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,347.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747827 MORTGAGORS: DOLAN JEWEL
REGION CODE ADDRESS : 1151 SOUTH WEST 4TH AVENUE
01 CITY : BOCA RATON
STATE/ZIP : FL 33432
MORTGAGE AMOUNT : 289,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,113.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.63333
-------------------------------------------------------------------
0 0007747900 MORTGAGORS: HEWETT DELANE
REGION CODE ADDRESS : 13811 NORTH EAST 40TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,973.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,087.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747918 MORTGAGORS: STARK PATRICIA
REGION CODE ADDRESS : 37 WASHINGTON LODE UNIT F, BUILDING
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 289,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,835.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,730,400.00
P & I AMT: 11,915.77
UPB AMT: 1,726,280.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747934 MORTGAGORS: REES RUSSELL
REES MARCIA
REGION CODE ADDRESS : 1256 EAST LAKE ROAD
01 CITY : HAMMONDSPORT,
STATE/ZIP : NY 14840
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,214.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.48427
-------------------------------------------------------------------
0 0007747942 MORTGAGORS: COBB-NETTLETON CAROL
NETTLETON JAMES
REGION CODE ADDRESS : 3802 SHORE DRIVE
01 CITY : LOWER TOWNSHIP
STATE/ZIP : NJ 08251
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,223.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747983 MORTGAGORS: DE FRIAS DENISE
REGION CODE ADDRESS : 680 NORTH LAKESHORE DRIVE UNIT #152
01 CITY : CHICAGO
STATE/ZIP : IL 60611
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,276.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.00000
-------------------------------------------------------------------
0 0007748023 MORTGAGORS: GAARDER JEFFREY
GAARDER CAROLYN
REGION CODE ADDRESS : 616 AUSTIN AVENUE
01 CITY : SONOMA
STATE/ZIP : CA 95476
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,384.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007748056 MORTGAGORS: CHOPE DESIREE
REGION CODE ADDRESS : 2884 CENTRAL AVENUE
01 CITY : MEMPHIS
STATE/ZIP : TN 38111
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,444.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.78600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,403,000.00
P & I AMT: 9,546.56
UPB AMT: 1,399,543.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007748130 MORTGAGORS: MCHUGH MICHAEL
MCHUGH MARTHA
REGION CODE ADDRESS : 619 SARGENT ROAD
01 CITY : RIVER VALE
STATE/ZIP : NJ 07675
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,203.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,396.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007748148 MORTGAGORS: STINNETT ALTRICE
REGION CODE ADDRESS : 408-C BREAKERS OF FORT WALTON BEACH
01 CITY : FORT WALTON BEACH
STATE/ZIP : FL 32548
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,502.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007748155 MORTGAGORS: ZONGHETTI FREDERICK
REGION CODE ADDRESS : 6742 EAST MARIA DRIVE
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,998.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007754021 MORTGAGORS: BRIGHAM DANA
BRIGHAM PATRICIA
REGION CODE ADDRESS : 14431 GLENCAIRN ROAD
01 CITY : MIAMI LAKES
STATE/ZIP : FL 33016
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,074.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754039 MORTGAGORS: LETSO PAUL
REGION CODE ADDRESS : 8707 SOUTH BAY DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32819
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,538.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,588,000.00
P & I AMT: 10,912.98
UPB AMT: 1,580,317.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754047 MORTGAGORS: BROOME R.
REGION CODE ADDRESS : 5843 PRO DRIVE
01 CITY : NORCROSS
STATE/ZIP : GA 30092
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,255.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754054 MORTGAGORS: NELLIGAN MICHAEL
REGION CODE ADDRESS : 2510 NE 32 COURT
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,138.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.75700
-------------------------------------------------------------------
0 0007754062 MORTGAGORS: MATTHEWS FREDERICK
REGION CODE ADDRESS : 2010 OLD DOMINION ROAD
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,345.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754070 MORTGAGORS: WEST SUSAN
REGION CODE ADDRESS : 1055 GUNTER COURT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 359,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,523.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,419.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007754088 MORTGAGORS: BROWN NATHANIEL
BROWN VICKIE
REGION CODE ADDRESS : 3301 EAGLE WATCH DRIVE
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,368.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,734,900.00
P & I AMT: 11,806.90
UPB AMT: 1,731,632.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754096 MORTGAGORS: WATSON MONTY
REGION CODE ADDRESS : 305 PARIAN RUN
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,460.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754104 MORTGAGORS: HEIMLICH JOHN
HEIMLICH CAROLYNN
REGION CODE ADDRESS : 3600 SCHOONER RIDGE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 376,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,230.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007754112 MORTGAGORS: POUNDS GREGORY
REGION CODE ADDRESS : 2309 BUTLER BAY DRIVE
01 CITY : WINDERMERE
STATE/ZIP : FL 34786
MORTGAGE AMOUNT : 332,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,204.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,326.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.37200
-------------------------------------------------------------------
0 0007754138 MORTGAGORS: ESPERANCE JR. TOMMY
ESPERANCE MARY
REGION CODE ADDRESS : 410 COUNTRY CLUB DRIVE
01 CITY : NOVATO
STATE/ZIP : CA 94949
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 : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754153 MORTGAGORS: ABERNETHY FURMAN
ABERNETHY BRENDA
REGION CODE ADDRESS : 3214 ST. JOHNS DRIVE
01 CITY : HIGHLAND PARK
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,196.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 44.30300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,746,750.00
P & I AMT: 11,889.19
UPB AMT: 1,742,299.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754161 MORTGAGORS: MANN ALAN
REGION CODE ADDRESS : 3029 LOVERS LANE
01 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 590,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 589,205.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,877.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0007754187 MORTGAGORS: WHITMORE WAYNE
WHITMORE NADINE
REGION CODE ADDRESS : 12733 60TH AVENUE WEST
01 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 268,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,251.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.07691
-------------------------------------------------------------------
0 0007754195 MORTGAGORS: EHMAN RICKY
EHMAN LORRY
REGION CODE ADDRESS : 3152 EAST DESERT FLOWER
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,550.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.83965
-------------------------------------------------------------------
0 0007754211 MORTGAGORS: FAUB ROBERT
FAUB ELIZABETH
REGION CODE ADDRESS : 3215 SPRUCE AVENUE
01 CITY : WEST PALM BEACH
STATE/ZIP : FL 33407
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,617.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007754229 MORTGAGORS: LONGMIRE JOSEPH
LONGMIRE WENDY
REGION CODE ADDRESS : 3616 HAMPTON AVENUE
01 CITY : NASHVILLE
STATE/ZIP : TN 37215
MORTGAGE AMOUNT : 322,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,575.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.95200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,731,900.00
P & I AMT: 12,036.48
UPB AMT: 1,728,200.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754237 MORTGAGORS: CHRISTIAN MIKE
CHRISTIAN DIANNE
REGION CODE ADDRESS : 608 COTSWOLD PARK COURT
01 CITY : FRANKLIN
STATE/ZIP : TN 37069
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,016.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.43300
-------------------------------------------------------------------
0 0007754252 MORTGAGORS: WILKES BRYAN
WILKES KATHLEEN
REGION CODE ADDRESS : 17096 EAST DORADO CIRCLE
01 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,332.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 73.17000
-------------------------------------------------------------------
0 0007754260 MORTGAGORS: HENDERSON JOE
HENDERSON MELISSA
REGION CODE ADDRESS : 123 BARNES SPRING COURT
01 CITY : APEX
STATE/ZIP : NC 27502
MORTGAGE AMOUNT : 272,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,792.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98800
-------------------------------------------------------------------
0 0007754278 MORTGAGORS: FINNEY JAMES
FINNEY ANGELA
REGION CODE ADDRESS : 2 GLEN ECHO COURT
01 CITY : GLEN ARM
STATE/ZIP : MD 21057
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,171.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.76300
-------------------------------------------------------------------
0 0007754286 MORTGAGORS: DIEDERICH W.
DIEDERICH SANDRA
REGION CODE ADDRESS : 2640 CASTLE PEAK ROAD
01 CITY : RENO
STATE/ZIP : NV 89511
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,420.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.94736
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,297,950.00
P & I AMT: 8,964.26
UPB AMT: 1,292,734.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754294 MORTGAGORS: DAVIDSEN RICHARD
DAVIDSEN LORIANN
REGION CODE ADDRESS : 5803 25TH AVENUE WEST
01 CITY : EVERETT
STATE/ZIP : WA 98203
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,139.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754302 MORTGAGORS: WHITE JAMES
WHITE SUSAN
REGION CODE ADDRESS : 8012 NE 151ST COURT
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 286,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,901.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007754310 MORTGAGORS: MYERS CHRISTOPHER
PARTON-MYERS SUZANNE
REGION CODE ADDRESS : 19518 92ND AVENUE NORTHEAST
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 267,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,906.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0007754328 MORTGAGORS: YOUNG BRIAN
YOUNG ERIN
REGION CODE ADDRESS : 19907 226TH AVENUE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,498.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754344 MORTGAGORS: BROTHERS EDWARD
REGION CODE ADDRESS : 28433 NORTHEAST 17TH STREET
01 CITY : CARNATION
STATE/ZIP : WA 98014
MORTGAGE AMOUNT : 328,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,994.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,268.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,448,950.00
P & I AMT: 9,936.11
UPB AMT: 1,444,440.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754351 MORTGAGORS: BOUNDS DENNIS
BOUNDS DEBRA
REGION CODE ADDRESS : 18511 NE 25TH STREET
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,847.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.68711
-------------------------------------------------------------------
0 0007754369 MORTGAGORS: WHITE LISA
WHITE THAYER
REGION CODE ADDRESS : 8651 NORTHEAST 17TH STREET
01 CITY : CLYDE HILL
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,763.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,581.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007754377 MORTGAGORS: ROBERTS DAVID
MCCLYMONT MARCIA
REGION CODE ADDRESS : 2330 EDGEWATER WEST
01 CITY : LARGO
STATE/ZIP : FL 33774
MORTGAGE AMOUNT : 275,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,751.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007754385 MORTGAGORS: NEVILLE RANDALL
FROST-NEVILLE KELLY
REGION CODE ADDRESS : 24038 SE 37TH PLACE
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 276,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,596.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.82000
-------------------------------------------------------------------
0 0007754393 MORTGAGORS: WALSER III DANIEL
WALSER CAROL
REGION CODE ADDRESS : 5803 DEVONSHIRE DRIVE
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,859.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.10200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,600.00
P & I AMT: 11,113.25
UPB AMT: 1,610,818.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754435 MORTGAGORS: HAGOOD DANIEL
REGION CODE ADDRESS : 3902 FAIRFAX AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75209
MORTGAGE AMOUNT : 322,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,039.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754443 MORTGAGORS: GALUSZKA JAMES
REGION CODE ADDRESS : 15908 MCGLAMERY ROAD
01 CITY : ODESSA
STATE/ZIP : FL 33556
MORTGAGE AMOUNT : 255,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,262.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.81544
-------------------------------------------------------------------
0 0007754468 MORTGAGORS: REED KEVIN
REED LEIGH
REGION CODE ADDRESS : 2703 HARRISBURG ROAD
01 CITY : JONESBORO
STATE/ZIP : AR 72401
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,336.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.38888
-------------------------------------------------------------------
0 0007754476 MORTGAGORS: FURR STEVE
FURR KELLY
REGION CODE ADDRESS : 612 COEUR D'ALENE CIRCLE
01 CITY : EL PASO
STATE/ZIP : TX 79922
MORTGAGE AMOUNT : 276,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,195.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.77000
-------------------------------------------------------------------
0 0007754484 MORTGAGORS: COLTON KEITH
COLTON CAMELA
REGION CODE ADDRESS : 7960 BOOT HILL DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84098
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,203.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.74400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,460,300.00
P & I AMT: 9,885.72
UPB AMT: 1,457,037.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754518 MORTGAGORS: MCGILL MARK
MCGILL LEANN
REGION CODE ADDRESS : 728 RACINE STREET
01 CITY : BELLINGHAM
STATE/ZIP : WA 98226
MORTGAGE AMOUNT : 296,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,083.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754526 MORTGAGORS: PETERSON MARY
REGION CODE ADDRESS : 3208 N.W. ESPLANADE DRIVE
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 325,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,197.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,136.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.78431
-------------------------------------------------------------------
0 0007754534 MORTGAGORS: CLEMENTS WILLIAM
CLEMENTS MICHELENE
REGION CODE ADDRESS : 19704 21ST AVENUE NORTHWEST
01 CITY : SHORELINE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,324.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.79487
-------------------------------------------------------------------
0 0007754559 MORTGAGORS: LEWIS DAVID
LEWIS LESLIE
REGION CODE ADDRESS : 8121 KENDRA COURT
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,699.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,956.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754609 MORTGAGORS: ZELKO THOMAS
ZELKO MARJORIE
REGION CODE ADDRESS : 8929 ROGUES ROAD
01 CITY : CASANOVA
STATE/ZIP : VA 20139
MORTGAGE AMOUNT : 457,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,897.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,078.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.28500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,649,500.00
P & I AMT: 11,058.37
UPB AMT: 1,645,201.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754724 MORTGAGORS: ELLIS GUY
ELLIS CONSTANCE
REGION CODE ADDRESS : 421 RIDGEFARM DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 237,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,655.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,638.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754732 MORTGAGORS: KNUDSON CLIFF
KNUDSON MONICA
REGION CODE ADDRESS : 1815 NELSON WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,184.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754799 MORTGAGORS: CROSS NANCY
REGION CODE ADDRESS : 5249 N. NEW JERSEY ST.
01 CITY : INDIANAPOLIS
STATE/ZIP : IN 46220
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.28500
-------------------------------------------------------------------
0 0007754807 MORTGAGORS: SPACONE ALAN
REGION CODE ADDRESS : 504 RIVER OAKS DRIVE
01 CITY : RIVER FOREST
STATE/ZIP : IL 60305
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,478.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.90800
-------------------------------------------------------------------
0 0007754815 MORTGAGORS: BASHKINGY NORMAN
REGION CODE ADDRESS : 2522 EAST MARSHALL AVE.
01 CITY : PHOENIX
STATE/ZIP : AZ 85016
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,160.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,444,000.00
P & I AMT: 9,859.00
UPB AMT: 1,441,071.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 42
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754831 MORTGAGORS: WANG KAI
CHEN XIAOJUN
REGION CODE ADDRESS : 2330 BRIARLEIGH WAY
01 CITY : DUNWOODY
STATE/ZIP : GA 30338
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,410.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754864 MORTGAGORS: SANDOVAL ROBERT
SANDOVAL SILVIA
REGION CODE ADDRESS : 36241 INDIAN WELLS DRIVE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,098.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007754872 MORTGAGORS: LIGHTNER ROBERT
DAIJOGO TANE
REGION CODE ADDRESS : 1350 CALIFORNIA ST #307
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94109
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,750.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754948 MORTGAGORS: DOWNES JOSEPH
DOWNES LESA
REGION CODE ADDRESS : 1714 GROUSE RIDGE ROAD
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,481.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 44.33100
-------------------------------------------------------------------
0 0007754963 MORTGAGORS: CREGO DAVID
WEBER-CREGO DIANNA
REGION CODE ADDRESS : 1916 ADELAIDE WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,408.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,404,500.00
P & I AMT: 9,685.44
UPB AMT: 1,402,150.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 43
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755002 MORTGAGORS: GILGES ROB
GILGES TRISHA
REGION CODE ADDRESS : 4643 MONTECITO COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,000.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,687.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755036 MORTGAGORS: KEMP BRIAN
KEMP HOLLY
REGION CODE ADDRESS : 3113 130TH PLACE NE
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 286,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,024.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,955.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.76373
-------------------------------------------------------------------
0 0007755044 MORTGAGORS: BROWN PHILIP
BROWN LAURIE
REGION CODE ADDRESS : 4439 95TH AVENUE NORTHEAST
01 CITY : YARROW POINT
STATE/ZIP : WA 98004
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 47.61900
-------------------------------------------------------------------
0 0007755051 MORTGAGORS: OSWALD DAVID
OSWALD ANNA
REGION CODE ADDRESS : 2902 WEST GARFIELD STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,119.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,459.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.99200
-------------------------------------------------------------------
0 0007755069 MORTGAGORS: ZENTNER KEITH
ZENTNER LORI
REGION CODE ADDRESS : 1622 35TH AVENUE
01 CITY : SEATTLE
STATE/ZIP : WA 98122
MORTGAGE AMOUNT : 333,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,240.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,305.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,789,450.00
P & I AMT: 12,170.52
UPB AMT: 1,785,774.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 44
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755077 MORTGAGORS: MCCOY JEAN
MCCOY CRAIG
REGION CODE ADDRESS : 4014 56TH AVENUE SOUTHWEST
01 CITY : SEATTLE
STATE/ZIP : WA 98116
MORTGAGE AMOUNT : 284,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,457.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
0 0007755085 MORTGAGORS: FARHAT FARZAD
REGION CODE ADDRESS : 4 TROUVILLE
01 CITY : NEWPORT COAST AREA
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 363,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,186.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,538.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.36100
-------------------------------------------------------------------
0 0007755150 MORTGAGORS: SNYDER LINDA
REGION CODE ADDRESS : 3104 CALLE QUIETO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,610.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.33300
-------------------------------------------------------------------
0 0007755267 MORTGAGORS: PRESTON MICHAEL
PRESTON BRIGITTE
REGION CODE ADDRESS : 3215 JACOTTE CIRCLE
01 CITY : DALLAS
STATE/ZIP : TX 75214
MORTGAGE AMOUNT : 270,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,078.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.33830
-------------------------------------------------------------------
0 0007755283 MORTGAGORS: LANGLEY PATRICIA
REGION CODE ADDRESS : 306 DORRINGTON BOULEVARD
01 CITY : METAIRIE
STATE/ZIP : LA 70005
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,793.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.78900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,693,650.00
P & I AMT: 11,594.71
UPB AMT: 1,690,126.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 45
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755291 MORTGAGORS: MOLLICK JOHN
WOODHAMS SUZANNE
REGION CODE ADDRESS : 3201 WESTMINSTER AVENUE
01 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,520.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,014.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.64948
-------------------------------------------------------------------
0 0007755309 MORTGAGORS: O'SHEA DANIEL
O'SHEA PAULA
REGION CODE ADDRESS : 143 CHERRY CREEK CIRCLE
01 CITY : WINTER SPRINGS
STATE/ZIP : FL 32708
MORTGAGE AMOUNT : 282,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,299.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755317 MORTGAGORS: STEIN ROBERT
STEIN CINDY
REGION CODE ADDRESS : 10908 PARK HEIGHTS AVENUE
01 CITY : OWINGS MILLS
STATE/ZIP : MD 21117
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007755341 MORTGAGORS: KURVERS RANDY
KURVERS ELLEN
REGION CODE ADDRESS : 0091 PINE CIRCLE
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,500.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,434.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755374 MORTGAGORS: RUSE DONALD
RUSE GAYLE
REGION CODE ADDRESS : 203 SOUTHGLEN
01 CITY : CARY
STATE/ZIP : NC 27511
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,083.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.81818
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,479,300.00
P & I AMT: 9,993.10
UPB AMT: 1,476,697.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 46
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755382 MORTGAGORS: LEVY MARK
LEVY ALISON
REGION CODE ADDRESS : 14724 BRAEMAR CRESCENT WAY
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,170.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,672.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98743
-------------------------------------------------------------------
0 0007755432 MORTGAGORS: BEDARD R.
BEDARD DEBORAH
REGION CODE ADDRESS : 20021 NORTH NEW BRITAIN LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,161.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,843.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755457 MORTGAGORS: DOZIER SUSAN
EDMISTON CHARLES
REGION CODE ADDRESS : 1311 ELTON LANE
01 CITY : AUSTIN
STATE/ZIP : TX 78703
MORTGAGE AMOUNT : 315,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,681.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755465 MORTGAGORS: GALLEGOS THOMAS
GALLEGOS DIANE
REGION CODE ADDRESS : 31824 150TH PLACE S.E.
01 CITY : AUBURN
STATE/ZIP : WA 98092
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,330.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.68421
-------------------------------------------------------------------
0 0007755473 MORTGAGORS: KELLER WILLIAM
KELLER LILIA
REGION CODE ADDRESS : 415 DEVINE ROAD
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78212
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,414.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,459.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.52300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,507,400.00
P & I AMT: 10,162.58
UPB AMT: 1,504,758.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 47
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755481 MORTGAGORS: DAVIDSON RAYMOND
NOVERR KATHERINE
REGION CODE ADDRESS : 898 ALMADEN AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 90486
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,822.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007755499 MORTGAGORS: SIMPSON SCOTT
SIMPSON LISA
REGION CODE ADDRESS : 2 SAN MARCO
01 CITY : ALISO VIEJO (AREA),
STATE/ZIP : CA 92656
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 88.43500
-------------------------------------------------------------------
0 0007755507 MORTGAGORS: HALL TIMMY
HALL LAURIE
REGION CODE ADDRESS : 9304 HIDDEN OAK DR.
01 CITY : BRENTWOOD
STATE/ZIP : TN 37027
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,624.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007755515 MORTGAGORS: KITSMILLER THOMAS
KITSMILLER DONNA
REGION CODE ADDRESS : 3130 WATERFRONT DRVIE
01 CITY : CHATTANOOGA
STATE/ZIP : TN 37419
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,953.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.63900
-------------------------------------------------------------------
0 0007755523 MORTGAGORS: BUCKLEY JOE
BUCKLEY DEIRDRE
REGION CODE ADDRESS : 9320 ANCIENT OAKS DR.
01 CITY : OOLTEWAH
STATE/ZIP : TN 37363
MORTGAGE AMOUNT : 250,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,898.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.51428
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,295,550.00
P & I AMT: 8,862.69
UPB AMT: 1,292,902.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 48
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755531 MORTGAGORS: PHELPS PRESTON
PHELPS JERI
REGION CODE ADDRESS : 1735 CHEROKEE BLVD
01 CITY : KNOXVILLE
STATE/ZIP : TN 37919
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,982.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.09000
-------------------------------------------------------------------
0 0007755549 MORTGAGORS: CHAFIN BRADLEY
CHAFIN COLLEEN
REGION CODE ADDRESS : 2921 CRYE CREST COVE
01 CITY : GERMANTOWN
STATE/ZIP : TN 38139
MORTGAGE AMOUNT : 327,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,061.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007755556 MORTGAGORS: DOBY KENNETH
DOBY MARY
REGION CODE ADDRESS : 781 TIMBER RIDGE DRIVE
01 CITY : COLLIERVILLE
STATE/ZIP : TN 38017
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,821.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,623.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.69465
-------------------------------------------------------------------
0 0007755564 MORTGAGORS: DELUZIO CHRISTOPHER
DELUZIO MARY-BETH
REGION CODE ADDRESS : 21514 WATERS DISCOVERY TERRACE
01 CITY : GERMANTOWN
STATE/ZIP : MD 20876
MORTGAGE AMOUNT : 295,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,604.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,014.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99300
-------------------------------------------------------------------
0 0007755572 MORTGAGORS: BELONGIA KENNETH
BELONGIA CAROL
REGION CODE ADDRESS : 5519 WILLOW VALLEY ROAD
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,590.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,757,500.00
P & I AMT: 11,932.85
UPB AMT: 1,754,060.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 49
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755580 MORTGAGORS: WEBER MARK
WEBER LORI
REGION CODE ADDRESS : 21110 NE SUNNYCREST ROAD
01 CITY : NEWBERG
STATE/ZIP : OR 97132
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,090.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.91146
-------------------------------------------------------------------
0 0007755598 MORTGAGORS: BROWN ROBERT
BROWN KATHLEEN
REGION CODE ADDRESS : 65205 EAST ROSE RIDGE COURT
01 CITY : TUCSON
STATE/ZIP : AZ 85739
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,494.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007755606 MORTGAGORS: BIANCHI DANIEL
BIANCHI SHAUGHN
REGION CODE ADDRESS : 1238 SOUTH COURTLAND
01 CITY : PARK RIDGE
STATE/ZIP : IL 60068
MORTGAGE AMOUNT : 255,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,082.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.67692
-------------------------------------------------------------------
0 0007755622 MORTGAGORS: FOSTER GARY
FOSTER JANET
REGION CODE ADDRESS : 1037 EAST GREENTREE DRIVE
01 CITY : TEMPE
STATE/ZIP : AZ 85284
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,837.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,712.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755630 MORTGAGORS: DEMARINI RAYMOND
REGION CODE ADDRESS : 15315 NW ROCK CREEK ROAD
01 CITY : PORTLAND
STATE/ZIP : OR 97231
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,003.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,489.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.03370
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,883,700.00
P & I AMT: 12,876.86
UPB AMT: 1,878,508.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 50
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755648 MORTGAGORS: KEMP THOMAS
KEMP CARMELITA
REGION CODE ADDRESS : 4638 - 227TH PLACE SOUTHEAST
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 321,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,487.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,193.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.65900
-------------------------------------------------------------------
0 0007755655 MORTGAGORS: SOLOMON BRAD
SOLOMON JENNY
REGION CODE ADDRESS : 10714 183RD AVENUE NORTHEAST
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,762.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 85.59300
-------------------------------------------------------------------
0 0007755671 MORTGAGORS: HAMER JERRY
HAMER LADI
REGION CODE ADDRESS : 3472 ORIOLE PLACE
01 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 416,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,630.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007755689 MORTGAGORS: WOODREL ALBERT
NAZARCHUK CHRISTINA
REGION CODE ADDRESS : 16230 NORTH EDGEWATER DRIVE
01 CITY : FOUNTAIN HILLS
STATE/ZIP : AZ 85268
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,377.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.60000
-------------------------------------------------------------------
0 0007755705 MORTGAGORS: HASTINGS DAVID
REGION CODE ADDRESS : 1132 EAST THUNDERHILL PLACE
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 446,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,923.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,004.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,824,250.00
P & I AMT: 12,509.69
UPB AMT: 1,820,181.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 51
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755713 MORTGAGORS: DAVIS KENNETH
REGION CODE ADDRESS : 12365 CLARETH DRIVE
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 458,889.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,099.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755721 MORTGAGORS: WISNIEWSKI JOHN
WISNIEWSKI SUSAN
REGION CODE ADDRESS : 10636 BRIDLE PATH COURT
01 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,448.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.33700
-------------------------------------------------------------------
0 0007755747 MORTGAGORS: FULCHER BARRY
REGION CODE ADDRESS : 1201 VALLAMAY BOULEVARD
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22307
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,496.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007755754 MORTGAGORS: LONGAKER JOHN
LONGAKER JENISUE
REGION CODE ADDRESS : 20516 RUSTICATE ROAD
01 CITY : BEND
STATE/ZIP : OR 97702
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,239.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755762 MORTGAGORS: GOLDSTEIN DAVID
GOLDSTEIN KELLIE
REGION CODE ADDRESS : 6389 LAKEVIEW DRIVE
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22041
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,231.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,626,000.00
P & I AMT: 10,926.62
UPB AMT: 1,622,305.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 52
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755770 MORTGAGORS: REYNOLDS KIMBERLY
MARTIN VICTORIA
REGION CODE ADDRESS : 1117 LYNHURST WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,405.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,925.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755788 MORTGAGORS: DIAZ EMILIANO
DIAZ CINDY
REGION CODE ADDRESS : 18213 WICKHAM ROAD
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,379.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0007755796 MORTGAGORS: BONET PETER
REGION CODE ADDRESS : 202 MAGNOLIA
01 CITY : LARKSPUR
STATE/ZIP : CA 94939
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,215.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 43.64000
-------------------------------------------------------------------
0 0007755812 MORTGAGORS: ROYLANCE STEPHEN
ROYLANCE PAMELA
REGION CODE ADDRESS : 10607 RED BARN LANE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,869.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007755820 MORTGAGORS: SMITH PETER
SMITH STACIE
REGION CODE ADDRESS : 6627 NORTH SMOKE TREE LANE
01 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 303,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,286.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,524,550.00
P & I AMT: 10,611.49
UPB AMT: 1,521,156.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 53
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755838 MORTGAGORS: CONRAD MICHAEL
CONRAD DENISE
REGION CODE ADDRESS : 8209 MADRILLON ESTATES DRIVE
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 355,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,342.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,393.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755846 MORTGAGORS: CAMPBELL JAMES
CAMPBELL SUSAN
REGION CODE ADDRESS : 230 APPLETON STREET
01 CITY : NORTH ANDOVER
STATE/ZIP : MA 01845
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,526.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.10000
-------------------------------------------------------------------
0 0007755853 MORTGAGORS: HAWKINS RONALD
HAWKINS DALE
REGION CODE ADDRESS : 1675 MANTON COURT
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,552.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755861 MORTGAGORS: BUNKER TERRY
BUNKER SANDRA
REGION CODE ADDRESS : 2221 SOUTH MONTE CRISTO WAY
01 CITY : LAS VEGAS
STATE/ZIP : NV 89117
MORTGAGE AMOUNT : 405,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,980.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,801.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755879 MORTGAGORS: BRUSA JOSEPH
BRUSA LORI
REGION CODE ADDRESS : 1355 WINDGATE COURT
01 CITY : BARTLETT
STATE/ZIP : IL 60103
MORTGAGE AMOUNT : 253,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,272.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,640,450.00
P & I AMT: 11,372.96
UPB AMT: 1,637,675.20
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 54
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755887 MORTGAGORS: FAWSON KENNETH
VALDEZ STEPHANIE
REGION CODE ADDRESS : 10751 RIDGEVIEW AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 352,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,370.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,402.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.76859
----------------------------------------------------------------------------
0 0007755895 MORTGAGORS: SHANLEY CHRISTOPHER
NOONAN KATHRYN
REGION CODE ADDRESS : 10558 MACARTHUR BOULEVARD
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,199.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755903 MORTGAGORS: JOHNSON-GILCHRIST PAULA
GILCHRIST SCOTT
REGION CODE ADDRESS : 1079 HODGSON ROAD
01 CITY : COLUMBIA FALLS
STATE/ZIP : MT 59912
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,329.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.05511
-------------------------------------------------------------------
0 0007755911 MORTGAGORS: GAWLISTA JAMES
GAWLISTA LINDA
REGION CODE ADDRESS : 17615 NW GILBERT LANE
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,188.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755929 MORTGAGORS: HEISS JOHN
HEISS SHARON
REGION CODE ADDRESS : 1107 AMANDA DRIVE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,210.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,193.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,801,400.00
P & I AMT: 12,286.23
UPB AMT: 1,798,299.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 55
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007755937 MORTGAGORS: KUCKELMAN DAVID
KUCKELMAN SARAH
REGION CODE ADDRESS : 5434 FAIRWAY ROAD
01 CITY : FAIRWAY
STATE/ZIP : KS 66205
MORTGAGE AMOUNT : 291,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,093.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99800
-------------------------------------------------------------------
0 0007755945 MORTGAGORS: VAN PUYMBROUCK DARREN
VAN PUYMBROUCK LAURA
REGION CODE ADDRESS : 2447 NORTH BURLING STREET
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 382,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,901.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,609.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.86598
-------------------------------------------------------------------
0 0007755952 MORTGAGORS: SCHARAFIN C.
SCHARAFIN KIMBERLY
REGION CODE ADDRESS : 6516 MIDDLECOFF
01 CITY : WOODRIDGE
STATE/ZIP : IL 60517
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,442.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007755978 MORTGAGORS: TRAN LOAN
TRAN TRUNG
REGION CODE ADDRESS : 1845 NW 113TH AVENUE
01 CITY : PORTLAND
STATE/ZIP : OR 97229
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007756000 MORTGAGORS: JONES WILLIAM
JONES SUSAN
REGION CODE ADDRESS : 324 BROAD CREEK DRIVE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 439,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,016.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,995.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,813,100.00
P & I AMT: 12,339.47
UPB AMT: 1,809,902.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 56
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756018 MORTGAGORS: LAROCHE DAVID
LAROCHE MARY
REGION CODE ADDRESS : 8213 MOORLAND LANE
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,260.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007756026 MORTGAGORS: EBERLE CHRISTOPHER
EBERLE DEBRA
REGION CODE ADDRESS : 11835 MANOR ROAD
01 CITY : GLEN ARM
STATE/ZIP : MD 21057
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,623.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,583.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.33300
-------------------------------------------------------------------
0 0007756034 MORTGAGORS: FERROGINE FRANK
FERROGINE ANGELA
REGION CODE ADDRESS : 3504 OLD TRAIL
01 CITY : EDGEWATER
STATE/ZIP : MD 21047
MORTGAGE AMOUNT : 405,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,082.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,699.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.78600
-------------------------------------------------------------------
0 0007756042 MORTGAGORS: HARRIS JAMES
HARRIS ROBERTA
REGION CODE ADDRESS : 161 WYNNEHAVEN BEACH ROAD
01 CITY : MARY ESTHER
STATE/ZIP : FL 32569
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,568.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007756059 MORTGAGORS: SAMUELS STEVEN
SAMUELS JAMIE
REGION CODE ADDRESS : 8210 HUNTER PLACE
01 CITY : INDIANAPOLIS
STATE/ZIP : IN 46236
MORTGAGE AMOUNT : 577,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 576,051.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,838.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.04300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,943,750.00
P & I AMT: 12,998.19
UPB AMT: 1,940,585.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 57
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756067 MORTGAGORS: PURI CHAMAN
PURI VINOD
REGION CODE ADDRESS : 1002 EATON DRIVE
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,931.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0007756075 MORTGAGORS: DAUERER JOSEPH
DAUERER MAIA
REGION CODE ADDRESS : 6194 RIVER FOREST DRIVE
01 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 233,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,176.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007756083 MORTGAGORS: MCLEAN CHARLES
MCLEAN SUSAN
REGION CODE ADDRESS : 102 OCEAN HARBOR 143RD & WIGHT ST
01 CITY : OCEAN CITY
STATE/ZIP : MD 21842
MORTGAGE AMOUNT : 247,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,502.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007756109 MORTGAGORS: MALCZEWSKI WILLIAM
MALCZEWSKI CAROLYN
REGION CODE ADDRESS : 8725 DOVES FLY WAY
01 CITY : LAUREL
STATE/ZIP : MD 20723
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,616.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.96415
-------------------------------------------------------------------
0 0007756117 MORTGAGORS: ALLEN DAVID
REGION CODE ADDRESS : 23 SKYLINE LANE
01 CITY : STAMFORD
STATE/ZIP : CT 06902
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,682,600.00
P & I AMT: 11,434.32
UPB AMT: 1,679,768.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 58
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756125 MORTGAGORS: ELKALAY MOHAMMED
HASSAN IEMAN
REGION CODE ADDRESS : 10211 FEAGA FARM COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 231,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,537.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99310
-------------------------------------------------------------------
0 0007756133 MORTGAGORS: SLUTZKY STEVEN
SLUTZKY PATRICIA
REGION CODE ADDRESS : 27 FISHING CREEK LANE, UNIT NO. 23
01 CITY : BERLIN
STATE/ZIP : MD 21811
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,815.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007756141 MORTGAGORS: LAWRENCE ELIZABETH
REGION CODE ADDRESS : 525 HAVEN LANE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 363,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,931.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.21700
-------------------------------------------------------------------
0 0007756158 MORTGAGORS: GLOSSBRENNER ALFRED
GLOSSBRENNER EMILY
REGION CODE ADDRESS : 699 RIVER ROAD
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,366.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,470.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.99000
-------------------------------------------------------------------
0 0007756166 MORTGAGORS: RUFF DENNIS
RUFF DEBRA
REGION CODE ADDRESS : 27387 REST CIRCLE
01 CITY : EASTON
STATE/ZIP : MD 21601
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,598.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,517,900.00
P & I AMT: 10,258.23
UPB AMT: 1,515,248.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 59
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756174 MORTGAGORS: FISCHER ABE
FISCHER TAREN
REGION CODE ADDRESS : 707 BIRDIE VIEW POINT
01 CITY : SANIBEL ISLAND
STATE/ZIP : FL 33957
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,475.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,285.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.01100
-------------------------------------------------------------------
0 0007756182 MORTGAGORS: LUDWIG JAMES
KING PATRICIA
REGION CODE ADDRESS : 11412 HOLLOW TIMBER COURT
01 CITY : RESTON
STATE/ZIP : VA 20194
MORTGAGE AMOUNT : 233,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,426.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007756190 MORTGAGORS: CARBONE ERNEST
CARBONE PATRICIA
REGION CODE ADDRESS : 7946 TURNCREST DRIVE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.29700
-------------------------------------------------------------------
0 0007756208 MORTGAGORS: CONOLY KENNETH
REGION CODE ADDRESS : 3486 CONSTELLATION DRIVE
01 CITY : DAVIDSONVILLE
STATE/ZIP : MD 21035
MORTGAGE AMOUNT : 237,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,099.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,560.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.39600
-------------------------------------------------------------------
0 0007756273 MORTGAGORS: JAMES-SURGERS SHERRI
REGION CODE ADDRESS : 1711 HATTERAS COURT
01 CITY : SUGAR LAND
STATE/ZIP : TX 77479
MORTGAGE AMOUNT : 333,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,386.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,329.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,507,300.00
P & I AMT: 10,226.17
UPB AMT: 1,502,768.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 60
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756315 MORTGAGORS: THORBURN JIM
THORBURN JACKIE
REGION CODE ADDRESS : 19430 VALLE VISTA DRIVE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 732,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 724,041.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,118.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 51.73144
-------------------------------------------------------------------
0 0007756323 MORTGAGORS: CONNERS DANIEL
CONNERS SANDRA
REGION CODE ADDRESS : 17273 CALLE MAYOR
02 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 910,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 903,767.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,362.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 65.00000
-------------------------------------------------------------------
0 0007756349 MORTGAGORS: XYDAS NICOLAS
XYDAS ALLYSON
REGION CODE ADDRESS : 17306 DESERT OAK COURT
01 CITY : SPRING
STATE/ZIP : TX 77379
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,820.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,333.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007756406 MORTGAGORS: FRANK MARK
REGION CODE ADDRESS : 22304 NORTHEAST HILLSIDE DRIVE
01 CITY : VANCOUVER
STATE/ZIP : WA 98682
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,934.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007756414 MORTGAGORS: SHARMA ANNU
REGION CODE ADDRESS : 6 NIDDEN
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 618,575.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,282.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.78600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,874,000.00
P & I AMT: 19,938.23
UPB AMT: 2,855,139.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 61
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756471 MORTGAGORS: LEWALLEN ROBERT
LEWALLEN DEBORAH
REGION CODE ADDRESS : 16118 GREEN VALLEY TRUCK TRAIL
01 CITY : RAMONA
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,020.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.94500
-------------------------------------------------------------------
0 0007756497 MORTGAGORS: MOONEY MARTA
REGION CODE ADDRESS : 1806 PORT RENWICK PLACE
02 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 522,288.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,715.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007756505 MORTGAGORS: O'SULLIVAN MARTIN
O'SULLIVAN ANN
REGION CODE ADDRESS : 1850 RADCLIFFE COURT
02 CITY : WEST LINN
STATE/ZIP : OR 97068
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,739.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007756521 MORTGAGORS: NGUYEN TRUONG
NGUYEN NGOC-LAN
REGION CODE ADDRESS : 1195 EUREKA AVENUE
02 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,816.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,761.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 46.47058
-------------------------------------------------------------------
0 0007756539 MORTGAGORS: UNGER STEVEN
LAFOURCADE LINDA
REGION CODE ADDRESS : 1201 RUBIO STREET
02 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 532,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 529,652.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,765.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.40200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,015,000.00
P & I AMT: 14,110.72
UPB AMT: 2,005,518.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 62
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756554 MORTGAGORS: RASE DONALD
TRAVIS BARBARA
REGION CODE ADDRESS : 2670 TOPANGA SKYLINE DRIVE
01 CITY : TOPANGA
STATE/ZIP : CA 90290
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,875.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,955.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007756620 MORTGAGORS: DIETZ JEFFREY
DIETZ KELLIE
REGION CODE ADDRESS : 1588 OAK CANYON DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 438,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 436,417.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,065.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007756695 MORTGAGORS: BILLIARD JOAN
REGION CODE ADDRESS : 49 ST STEPHEN STREET
02 CITY : BOSTON
STATE/ZIP : MA 02115
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,728.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,456.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 49.43000
-------------------------------------------------------------------
0 0007756836 MORTGAGORS: DEANE DEBRA
DEANE ANDREW
REGION CODE ADDRESS : 2629 WESTGATE STREET UNIT#A
02 CITY : HOUSTON
STATE/ZIP : TX 77098
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,306.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.44300
-------------------------------------------------------------------
0 0007756869 MORTGAGORS: HUNCKE JOHN
HUNCKE KATE
REGION CODE ADDRESS : 341 S. WESTGATE AVENUE
02 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 997,759.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,992.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 63.49206
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,455,400.00
P & I AMT: 17,247.25
UPB AMT: 2,447,086.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 63
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007756885 MORTGAGORS: MAILE JONATHAN
MAILE BROOKE
REGION CODE ADDRESS : 468 22ND STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 800,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 797,542.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,525.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 57.14200
-------------------------------------------------------------------
0 0007756893 MORTGAGORS: YANG RON
YANG TAI-YEN
REGION CODE ADDRESS : 1193 PINETO PLACE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 900,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 893,835.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,292.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 61.43300
-------------------------------------------------------------------
0 0007756968 MORTGAGORS: YIU TOM
YIU KATHY
REGION CODE ADDRESS : 20403 PIERCE ROAD
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,513.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,666.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.23000
-------------------------------------------------------------------
0 0007756976 MORTGAGORS: KENNEY ROBERT
KENNEY ELAINE
REGION CODE ADDRESS : 19 BAY VISTA DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 681,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 678,908.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,703.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 250
LTV : 75.00000
-------------------------------------------------------------------
0 0007757016 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 : 348,951.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.30700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 3,117,000.00
P & I AMT: 21,635.09
UPB AMT: 3,103,750.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 64
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007757131 MORTGAGORS: VAN VECHTEN DOUGLAS
VAN VECHTEN JUSTINE
REGION CODE ADDRESS : 8615 NORTH LA JOLLA SCENIC DRIVE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,189.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.56500
-------------------------------------------------------------------
0 0007757172 MORTGAGORS: RICHARDSON SHARON
CARPENTER CARL
REGION CODE ADDRESS : 155 WILD HORSE VALLEY ROAD
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,421.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.24500
-------------------------------------------------------------------
0 0007757180 MORTGAGORS: JAIN UPESH
JAIN SHRUTI
REGION CODE ADDRESS : 4017 AVIGNON LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,380.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.93400
-------------------------------------------------------------------
0 0007757206 MORTGAGORS: LINDERHOLM OWEN
GURLEY RITA
REGION CODE ADDRESS : 3364 VICTORIA AVENUE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 322,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,034.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,253.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.82300
-------------------------------------------------------------------
0 0007757297 MORTGAGORS: ROGERS DANIEL
ROGERS KIMBERLY
REGION CODE ADDRESS : 1878 JONATHAN AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 296,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,784.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 84.58689
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,803,650.00
P & I AMT: 12,512.11
UPB AMT: 1,796,810.78
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 65
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007757354 MORTGAGORS: KIM DUOK
REGION CODE ADDRESS : 21 CHARTHOUSE LANE
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,775.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.94200
-------------------------------------------------------------------
0 0007757388 MORTGAGORS: GOFFNEY ERIC
GOFFNEY ROBIN
REGION CODE ADDRESS : 5663 LA SEYNE PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 997,759.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,992.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 75.47100
-------------------------------------------------------------------
0 0007757404 MORTGAGORS: BRADY JOHN
BRADY ELIZABETH
REGION CODE ADDRESS : 712 THE STRAND
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 1,400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,395,699.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 9,669.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 48.19200
-------------------------------------------------------------------
0 0007757438 MORTGAGORS: HAWKINS R.
REGION CODE ADDRESS : 11 VERACRUZ
02 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,791.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007757511 MORTGAGORS: KEMP WILLIAM
REGION CODE ADDRESS : 2233 DEL MAR SCENIC PKWAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,055.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 3,332,000.00
P & I AMT: 23,075.03
UPB AMT: 3,322,081.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 66
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007757610 MORTGAGORS: WAGNER EUGENE
WAGNER JUDY
REGION CODE ADDRESS : 1626 CHASTAIN PARKWAY EAST
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 950,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 947,153.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,642.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 61.29000
-------------------------------------------------------------------
0 0007757644 MORTGAGORS: MILLER JEFFREY
GOMES SHERRY
REGION CODE ADDRESS : 27245 LOMA PRIETA WAY
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 371,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,802.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,499.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.29100
-------------------------------------------------------------------
0 0007757651 MORTGAGORS: YAZDY HOSSEIN
REGION CODE ADDRESS : 27050 ELENA ROAD
01 CITY : LOS ALTOS HILLS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 810,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 807,511.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,594.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 54.00000
-------------------------------------------------------------------
0 0007757776 MORTGAGORS: GONZALEZ SALLY
REGION CODE ADDRESS : 331 SOUTH GRANADOS AVENUE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 364,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,434.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.75400
-------------------------------------------------------------------
0 0007757867 MORTGAGORS: MARSEY STEVEN
MARSEY PATRICIA
REGION CODE ADDRESS : 1599 LOCH LOMOND LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,029.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,819,500.00
P & I AMT: 19,581.88
UPB AMT: 2,810,931.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 67
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007757883 MORTGAGORS: WOO VICTOR
WOO DOLLY
REGION CODE ADDRESS : 6110 HAVENHURST PLACE
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 706,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 703,884.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,936.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 64.18100
-------------------------------------------------------------------
0 0007757933 MORTGAGORS: RICHARDSON STEVEN
RICHARDSON SUSAN
REGION CODE ADDRESS : 784 LA CANADA
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 649,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,055.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,537.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.92100
-------------------------------------------------------------------
0 0007757941 MORTGAGORS: HULLAR JOHN
HULLAR JACQUELINE
REGION CODE ADDRESS : 3954 WASHINGTON STREET
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 747,752.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,244.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 28.57142
-------------------------------------------------------------------
0 0007757958 MORTGAGORS: HUMPHREY LARRY
HUMPHREY LESLEY
REGION CODE ADDRESS : 11 EAGLES WING
01 CITY : MAGNOLIA
STATE/ZIP : TX 77354
MORTGAGE AMOUNT : 375,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,606.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,500.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.17000
-------------------------------------------------------------------
0 0007757982 MORTGAGORS: KERR WILLIAM
KERR DEBORAH
REGION CODE ADDRESS : 1141 TOURMALINE STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,161.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.08200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,765,850.00
P & I AMT: 19,163.20
UPB AMT: 2,757,460.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 68
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758147 MORTGAGORS: BAE JAE
BAE SUN
REGION CODE ADDRESS : 3272 LAC D'AZUR COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 281,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,386.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007758188 MORTGAGORS: BERNARD LARRY
BERNARD SALLY
REGION CODE ADDRESS : 4090 EAGLE NEST LANE
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 286,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,941.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,979.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 44.22839
-------------------------------------------------------------------
0 0007758204 MORTGAGORS: DERANIA PETER
REGION CODE ADDRESS : 1909 HARRIS AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,077.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.00000
-------------------------------------------------------------------
0 0007758212 MORTGAGORS: LATTANZIO VINCENT
LATTANZIO SUSAN
REGION CODE ADDRESS : 1092 BEL MARIN KEYS BOULEVARD
01 CITY : NOVATO
STATE/ZIP : CA 94949
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,146.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.33333
-------------------------------------------------------------------
0 0007758238 MORTGAGORS: KENG ERIC
KENG FRANCES
REGION CODE ADDRESS : 3522 BRYANT STREET
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,801.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.51600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,850.00
P & I AMT: 10,865.20
UPB AMT: 1,556,352.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 69
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758246 MORTGAGORS: ROLOVICH SUSAN
REGION CODE ADDRESS : 2162 36TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,080.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,146.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.87804
-------------------------------------------------------------------
0 0007758253 MORTGAGORS: CLAYBURN D.
CLAYBURN CONSTANCE
REGION CODE ADDRESS : 13 BRANDT DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 614,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 612,664.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,192.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.82500
-------------------------------------------------------------------
0 0007758303 MORTGAGORS: NORVIEL VERNON
JOCSON-NORVIEL CARMENCITA
REGION CODE ADDRESS : 11685 WALNUT SPRING COURT
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,276.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,726.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 50.64935
-------------------------------------------------------------------
0 0007758311 MORTGAGORS: HAPNER MARK
REGION CODE ADDRESS : 595 BROOKS AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,169.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,936.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.55555
-------------------------------------------------------------------
0 0007758337 MORTGAGORS: DERRIGO MARK
DERRIGO LISA
REGION CODE ADDRESS : 30498 CANYON ESTATES ROAD
02 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 497,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 495,510.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,475.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.73684
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,085,600.00
P & I AMT: 14,478.11
UPB AMT: 2,078,702.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 70
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758386 MORTGAGORS: ROACH GARY
SAIA-ROACH CYNTHIA
REGION CODE ADDRESS : 52 ALVARADO ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,426.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,670.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.62745
-------------------------------------------------------------------
0 0007758394 MORTGAGORS: HODGE CAROLE
SULLIVAN LINDA
REGION CODE ADDRESS : 12677 LUPITA COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,135.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007758410 MORTGAGORS: WINTERS ROBERT
WINTERS DARLENE
REGION CODE ADDRESS : 836 ARCTURUS CIRCLE
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 493,093.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,418.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.83871
-------------------------------------------------------------------
0 0007758469 MORTGAGORS: ANDERSON ROBERT
ANDERSON JILL
REGION CODE ADDRESS : 17 ETON WAY
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 401,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,798.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,803.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 57.28571
-------------------------------------------------------------------
0 0007758477 MORTGAGORS: LOTHAMER SCOTT
LOTHAMER KAREN
REGION CODE ADDRESS : 240 SCOFIELD DRIVE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,053.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.41766
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,000,200.00
P & I AMT: 13,876.32
UPB AMT: 1,993,506.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 71
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758485 MORTGAGORS: LINGLE CHARLES
LINGLE GRACE
REGION CODE ADDRESS : 2089 SKYLINE DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 559,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,137.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,819.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99851
-------------------------------------------------------------------
0 0007758493 MORTGAGORS: ANDERSON OLIVER
ANDERSON ELIZABETH
REGION CODE ADDRESS : 1805 REDBOURNE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 261,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,227.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,853.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.53900
-------------------------------------------------------------------
0 0007758501 MORTGAGORS: RIECHES RYAN
RIECHES MARIAN
REGION CODE ADDRESS : 2111 CALAVERA CIRCLE
01 CITY : TUSTIN
STATE/ZIP : CA 92680
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,787.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,063.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.62500
-------------------------------------------------------------------
0 0007758519 MORTGAGORS: MUSCI THOMAS
REGION CODE ADDRESS : 34 PARAMOUNT TERRACE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,187.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.15789
-------------------------------------------------------------------
0 0007758535 MORTGAGORS: HERRERA MARGARITA
HERRERA ENRIQUE
REGION CODE ADDRESS : 1083 GOLDEN ACRE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,047.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.28197
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,720,200.00
P & I AMT: 11,927.25
UPB AMT: 1,715,387.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 72
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758543 MORTGAGORS: THOMPSON RANDY
REGION CODE ADDRESS : 5374 S. BAYVIEW ROAD
01 CITY : LANGLEY
STATE/ZIP : WA 98260
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,058.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.88372
-------------------------------------------------------------------
0 0007758550 MORTGAGORS: MUNSELL WILLIAM
REGION CODE ADDRESS : 1408 WALNUT AVENUE
02 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 685,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 682,997.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,848.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 79.65116
-------------------------------------------------------------------
0 0007758568 MORTGAGORS: LOPES CHRISTOPHER
SHELLING-LOPES SUSAN
REGION CODE ADDRESS : 14 WALNUT AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,648.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 53.33333
-------------------------------------------------------------------
0 0007758576 MORTGAGORS: GOULDER THOMAS
KIRSCHER CATHY
REGION CODE ADDRESS : 12010 MEDOC LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,247.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.68254
-------------------------------------------------------------------
0 0007758618 MORTGAGORS: BARTZ STEPHEN
MOHR KAREN
REGION CODE ADDRESS : 1231 ORANGE AVENUE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 538,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 536,427.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,807.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 58.16200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,236,000.00
P & I AMT: 15,729.42
UPB AMT: 2,229,380.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 73
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758642 MORTGAGORS: YUN DAVID
LU PARTICIA
REGION CODE ADDRESS : 47993 AVALON HEIGHTS TERRACE
02 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 735,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 733,311.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,076.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 75.00000
-------------------------------------------------------------------
0 0007758659 MORTGAGORS: GONZALEZ R.
GONZALEZ MYRA
REGION CODE ADDRESS : 2110 9TH AVENUE WEST
01 CITY : SEATTLE
STATE/ZIP : WA 98119
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,086.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007758709 MORTGAGORS: ANDERSON DAVID
ANDERSON BARBARA
REGION CODE ADDRESS : 14446 TRAILWIND ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 371,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,164.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,567.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.60000
-------------------------------------------------------------------
0 0007758725 MORTGAGORS: STANGER CLAY
STANGER FATIMA
REGION CODE ADDRESS : 49 MAPLE HILL DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,592.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,908.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.79452
-------------------------------------------------------------------
0 0007758733 MORTGAGORS: BROWNE EDMOND
BROWNE KRISTINE
REGION CODE ADDRESS : 20 BACCHARIS PLACE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 685,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 682,895.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,731.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 78.28571
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,353,550.00
P & I AMT: 16,278.70
UPB AMT: 2,347,051.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 74
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758766 MORTGAGORS: CHO YUI
CHO WOON
REGION CODE ADDRESS : 3054 HARVESTWOOD COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 273,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,949.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007758782 MORTGAGORS: SHIELDS STANLEY
LONDON CECILIA
REGION CODE ADDRESS : 2626 18TH AVENUE
01 CITY : SAN FRANCISO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,125.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.17582
-------------------------------------------------------------------
0 0007758824 MORTGAGORS: POLLACK RICHARD
POLLACK SANDRA
REGION CODE ADDRESS : 528 MIDVALE WAY
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,155.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,636.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.83300
-------------------------------------------------------------------
0 0007758865 MORTGAGORS: JOW SHOW-SHYAN
JOW MING-CHUAN
REGION CODE ADDRESS : 2345 MELVILLE DRIVE
02 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,830.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 47.05882
-------------------------------------------------------------------
0 0007758873 MORTGAGORS: YANG ROBERT
YANG STEPHANIE
REGION CODE ADDRESS : 853 CLEARWATER COURT
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 242,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,808.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.48484
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,585,250.00
P & I AMT: 11,183.82
UPB AMT: 1,580,869.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 75
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007758915 MORTGAGORS: RIEDINGER JAMES
GETTY-RIEDINGER CHRISTINE
REGION CODE ADDRESS : 5891 RAINFLOWER DRIVE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,495.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.06100
-------------------------------------------------------------------
0 0007759004 MORTGAGORS: NOLLSCH MARK
NOLLSCH DAROLYN
REGION CODE ADDRESS : 2323 BELFORD DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,078.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.07407
-------------------------------------------------------------------
0 0007759012 MORTGAGORS: CHEUNG RAMSEY
CHEUNG MARILYN
REGION CODE ADDRESS : 26646 LAUREL LANE
01 CITY : LOS ALTOS HILLS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,488.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.63600
-------------------------------------------------------------------
0 0007759020 MORTGAGORS: EDSON JAMES
EDSON SUSAN
REGION CODE ADDRESS : 1809 LACKLAND DRIVE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,875.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,527.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.56400
-------------------------------------------------------------------
0 0007759038 MORTGAGORS: TSUEI MARK
TSUEI TERESA
REGION CODE ADDRESS : 140 DE SABLA ROAD
01 CITY : HILLSBOROUGH
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 548,038.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,845.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 45.83300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,943,200.00
P & I AMT: 13,491.00
UPB AMT: 1,936,976.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 76
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759079 MORTGAGORS: SCHEINHORN DAVID
SCHEINHORN JEANNINE
REGION CODE ADDRESS : 1613 FAIRMOUNT AVENUE
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 559,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 557,624.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,910.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 50.84500
-------------------------------------------------------------------
0 0007759087 MORTGAGORS: INSTONE DONALD
INSTONE SUSAN
REGION CODE ADDRESS : 1223 CREST ROAD
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 426,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,658.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,906.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 45.31900
-------------------------------------------------------------------
0 0007759095 MORTGAGORS: HEYMAN RICHARD
DAIGLE ANNE
REGION CODE ADDRESS : 2825 CRYSTAL RIDGE ROAD
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,830.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.72700
-------------------------------------------------------------------
0 0007759129 MORTGAGORS: MAHONEY RICHARD
DEMEULES CINDY
REGION CODE ADDRESS : 10057 SOUTHBEACH DRIVE N.E.
01 CITY : BAINBRIDGE ISLAND,
STATE/ZIP : WA 98110
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,425.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.36500
-------------------------------------------------------------------
0 0007759145 MORTGAGORS: LIN WEN
HUANG CHIU
REGION CODE ADDRESS : 3020 HILLSIDE DRIVE
01 CITY : WEST COVINA
STATE/ZIP : CA 91791
MORTGAGE AMOUNT : 254,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,263.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,139,550.00
P & I AMT: 14,836.58
UPB AMT: 2,132,802.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 77
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759152 MORTGAGORS: COOK ROBERT
COOK ELIZABETH
REGION CODE ADDRESS : 1410 EAST PALM STREET
01 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,110.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,076.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.14600
-------------------------------------------------------------------
0 0007759236 MORTGAGORS: QUILLIGAN THEODORE
QUILLIGAN JUDITH
REGION CODE ADDRESS : 17 BLUFF VIEW
01 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,538.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,538.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.52900
-------------------------------------------------------------------
0 0007759244 MORTGAGORS: ANDREWS DAVID
ANDREWS SHAYNA
REGION CODE ADDRESS : 5716 LONGMONT LANE
01 CITY : HOUSTON
STATE/ZIP : TX 77057
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,902.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759251 MORTGAGORS: THOMAS MICHAEL
THOMAS RAMONA
REGION CODE ADDRESS : 482 16TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,924.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.00000
-------------------------------------------------------------------
0 0007759269 MORTGAGORS: KEIM KEVIN
KEIM JACQUELYN
REGION CODE ADDRESS : 3285 BROOKSIDE LANE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,797.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 52.81600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,814,000.00
P & I AMT: 12,696.76
UPB AMT: 1,808,273.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 78
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759301 MORTGAGORS: SANTIAGO LEO
MASSOTH DONNA
REGION CODE ADDRESS : 5705 26TH AVENUE N.E
01 CITY : SEATTLE
STATE/ZIP : WA 98105
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,092.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759368 MORTGAGORS: MCDONALD ROSS
REGION CODE ADDRESS : 364 FAIR OAKS STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,879.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,615.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 37.40000
-------------------------------------------------------------------
0 0007759376 MORTGAGORS: FARHANG SADEGH
FARHANG SUZETTE
REGION CODE ADDRESS : 1254 NADINA STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94402
MORTGAGE AMOUNT : 268,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,894.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.17500
-------------------------------------------------------------------
0 0007759400 MORTGAGORS: WILHELM GEORGE
REGION CODE ADDRESS : 2139 RED OAK PLACE
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,897.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,315.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.43100
-------------------------------------------------------------------
0 0007759426 MORTGAGORS: CHENG ANNA
YU PETER
REGION CODE ADDRESS : 7 JOHN PAPAN COURT
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,241.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.41200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,657,700.00
P & I AMT: 11,479.73
UPB AMT: 1,653,005.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 79
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759434 MORTGAGORS: SEMENIUK GEORGE
BROOKS KATRINA
REGION CODE ADDRESS : 725 BOONEWOOD COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 274,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,777.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.61800
-------------------------------------------------------------------
0 0007759442 MORTGAGORS: SHIMONKEVITZ WILLIAM
SHIMONKEVITZ ADELINE
REGION CODE ADDRESS : 6940 WEST PRINCETON AVENUE
01 CITY : DENVER
STATE/ZIP : CO 80202
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,857.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.25300
-------------------------------------------------------------------
0 0007759467 MORTGAGORS: BAKER J.
BAKER MARTA
REGION CODE ADDRESS : 7384 NOCHE TAPATIA
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,879.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.22500
-------------------------------------------------------------------
0 0007759491 MORTGAGORS: HARKINS PAUL
REGION CODE ADDRESS : 54 TOWER HILL ROAD
01 CITY : TUXEDO PARK
STATE/ZIP : NY 10987
MORTGAGE AMOUNT : 775,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 772,734.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,485.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 250
LTV : 67.39100
-------------------------------------------------------------------
0 0007759517 MORTGAGORS: AZAM MUHAMMAD
REGION CODE ADDRESS : 1221 PARKER PLACE #23
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,214.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.39300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,115,600.00
P & I AMT: 14,859.06
UPB AMT: 2,109,464.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 80
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759590 MORTGAGORS: PENEYRA NESSIE
PENEYRA JOVITA
REGION CODE ADDRESS : 5247 SILVER RIDGE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 627,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 625,025.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,277.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.48500
-------------------------------------------------------------------
0 0007759608 MORTGAGORS: BABCOCK JAMES
REGION CODE ADDRESS : 3775 REDWOOD CIRCLE
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.88000
-------------------------------------------------------------------
0 0007759632 MORTGAGORS: HANNEGAN JOHN
REGION CODE ADDRESS : 440 SAN BENITO AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,991.81 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 : 002
LTV : 49.45000
-------------------------------------------------------------------
0 0007759665 MORTGAGORS: COHEN DAVID
COHEN ROBYN
REGION CODE ADDRESS : 3614 LORIMER LANE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,625.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,112.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759673 MORTGAGORS: LIMQUECO JOHNSON
SZE KIN-FONG
REGION CODE ADDRESS : 45415 POTAWATAMI DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,978.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,384.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,027,600.00
P & I AMT: 14,017.70
UPB AMT: 2,021,948.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 81
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759681 MORTGAGORS: KHAVUL MIKHAIL
KHAVUL MARGARITA
REGION CODE ADDRESS : 151 20TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,964.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,325.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007759699 MORTGAGORS: MACMANUS THOMAS
TAYLOR-MACMANUS CYNTHIA
REGION CODE ADDRESS : 4475 SUNSET BLUFFS WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,951.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007759749 MORTGAGORS: PIMENTEL RICHARD
PIMENTEL LAURA
REGION CODE ADDRESS : 101 LOMBARD STREET 408W
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94111
MORTGAGE AMOUNT : 604,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 602,190.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,223.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759764 MORTGAGORS: WOO STEVEN
WOO OLIVIASUNG
REGION CODE ADDRESS : 1757 ESCALANTE WAY
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 498,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 496,856.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,439.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.40000
-------------------------------------------------------------------
0 0007759814 MORTGAGORS: SCHUMAN TED
REGION CODE ADDRESS : 8340 NORTH VIA LINDA
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85258
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,909.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,451.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 84.52300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,294,500.00
P & I AMT: 15,887.58
UPB AMT: 2,287,871.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 82
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759822 MORTGAGORS: FARNHAM JOHN
FARNHAM DONNA
REGION CODE ADDRESS : 12618 N. 84TH PLACE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85260
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,817.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,659.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.03800
-------------------------------------------------------------------
0 0007759830 MORTGAGORS: ROSS MURRAY
ROSS NATALIE
REGION CODE ADDRESS : 9608 WHITE OAK AVENUE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 528,411.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,705.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.94117
-------------------------------------------------------------------
0 0007759855 MORTGAGORS: CHEN JIANGUO
WANG XIAO
REGION CODE ADDRESS : 5975 BOLLINGER ROAD
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,689.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,406.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759863 MORTGAGORS: ARUTYUNYAN HRACH
PARSEKHIAN ALINE
REGION CODE ADDRESS : 2323 FLINTRIDGE DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 91206
MORTGAGE AMOUNT : 396,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,721.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007759871 MORTGAGORS: PERSKY DONALD
REGION CODE ADDRESS : 2547 WASHINGTON STREET #2
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,660.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,125.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,110,800.00
P & I AMT: 14,565.08
UPB AMT: 2,104,300.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 83
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007759954 MORTGAGORS: DAVIS WILLIAM
DAVIS DANIELLE
REGION CODE ADDRESS : 11547 WILLS CREEK ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,992.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.19000
-------------------------------------------------------------------
0 0007759970 MORTGAGORS: RUMISHEK THOMAS
RUMISHEK MARILYN
REGION CODE ADDRESS : 1943 VIA JUSTINO
02 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,818.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007760010 MORTGAGORS: PANDIS JOHN
PANDIS SUSAN
REGION CODE ADDRESS : 7314 GOLDEN STAR LANE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,426.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,670.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007760028 MORTGAGORS: SIEGELMAN JOSEPH
SHIMADA CHARLENE
REGION CODE ADDRESS : 330 SEA VIEW AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 766,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 764,283.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,355.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 61.28000
-------------------------------------------------------------------
0 0007760036 MORTGAGORS: MC MASTER ESTEL
MC MASTER SANDRA
REGION CODE ADDRESS : 16619-16621 GRAND AVENUE
01 CITY : BELLFLOWER
STATE/ZIP : CA 90706
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,237.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.44800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,171,750.00
P & I AMT: 15,116.79
UPB AMT: 2,165,759.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 84
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760069 MORTGAGORS: KUOKKA DANIEL
KUOKKA GAYLE
REGION CODE ADDRESS : 3415 GREER ROAD
01 CITY : PALO ALTO
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,345.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.66600
-------------------------------------------------------------------
0 0007760200 MORTGAGORS: WORTHINGTON-FORBES LAURA
FORBES SCOTT
REGION CODE ADDRESS : 157 POTOMAC DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,108.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,158.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 53.04300
-------------------------------------------------------------------
0 0007760218 MORTGAGORS: GRAVES PETER
MEYER ROBERT
REGION CODE ADDRESS : 2427 PIER AVENUE
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,081.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,660.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.42100
-------------------------------------------------------------------
0 0007760267 MORTGAGORS: MAGILL III ALBERT
MAGILL JENNIFER
REGION CODE ADDRESS : 6225 WILLERS WAY
01 CITY : HOUSTON
STATE/ZIP : TX 77057
MORTGAGE AMOUNT : 407,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,718.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,776.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.00000
-------------------------------------------------------------------
0 0007760283 MORTGAGORS: CORTAZZO DANIEL
REGION CODE ADDRESS : 503 LIBERTY STREET
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,436.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.72 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: 1,645,250.00
P & I AMT: 11,330.15
UPB AMT: 1,640,691.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 85
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760291 MORTGAGORS: NIBEL MARTIN
NIBEL JANET
REGION CODE ADDRESS : 4348 REMORA DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,333.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.18300
-------------------------------------------------------------------
0 0007760309 MORTGAGORS: MCKEON ALI
REGION CODE ADDRESS : 18020 STANFORD COURT
01 CITY : SONOMA
STATE/ZIP : CA 95476
MORTGAGE AMOUNT : 246,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,992.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007760317 MORTGAGORS: TAYLOR WENDY
JEROME MARTIN
REGION CODE ADDRESS : 3947-3949 26TH STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 606,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 604,490.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,136.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007760341 MORTGAGORS: EHLERT SCOTT
EHLERT SUSANNE
REGION CODE ADDRESS : 5340 RIVER POINT
01 CITY : BYRON
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 385,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,273.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,727.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.85800
-------------------------------------------------------------------
0 0007760366 MORTGAGORS: LANE JANE
REGION CODE ADDRESS : 811-811 1/2 MONTEREY COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92109
MORTGAGE AMOUNT : 411,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,833.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,803.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.72400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,909,550.00
P & I AMT: 13,190.50
UPB AMT: 1,903,923.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 86
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760374 MORTGAGORS: LEE STUART
JESTER KRISTEN
REGION CODE ADDRESS : 189 MERCED AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,476.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.50000
-------------------------------------------------------------------
0 0007760382 MORTGAGORS: ADLER JANE
REGION CODE ADDRESS : 1801 VISTAZO WEST
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,501.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 50.00000
-------------------------------------------------------------------
0 0007760408 MORTGAGORS: PI XIAO
DENG XIU
REGION CODE ADDRESS : 326 GENOA STREET #D
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,132.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.33100
-------------------------------------------------------------------
0 0007760440 MORTGAGORS: NICODEMUS JAMES
NICODEMUS SANDRA
REGION CODE ADDRESS : 1470 NEPTUNE AVENUE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,139.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 48.27500
-------------------------------------------------------------------
0 0007760457 MORTGAGORS: KEENE DAVID
WASHBURN-KEENE WENDY
REGION CODE ADDRESS : 12206 SE 80TH WAY
01 CITY : RENTON
STATE/ZIP : WA 98056
MORTGAGE AMOUNT : 241,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,562.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.08600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,569,800.00
P & I AMT: 10,952.35
UPB AMT: 1,563,812.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 87
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760473 MORTGAGORS: OKAMOTO SONNY
REGION CODE ADDRESS : 18101 VESTRY CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,280.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0007760515 MORTGAGORS: SHIMKO EDWARD
REGION CODE ADDRESS : 28800 PALOS VERDES DRIVE EAST
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0007760523 MORTGAGORS: SHINOHARA MASARU
SHINOHARA CHERYL-LEE
REGION CODE ADDRESS : 43360 PASEO PADRE PARKWAY
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,103.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007760598 MORTGAGORS: BOEHLKE ROBERT
BOEHLKE E
REGION CODE ADDRESS : 29 SPANISH BAY CIRCLE
01 CITY : PEBBLE BEACH
STATE/ZIP : CA 93953
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,392.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 43.34700
-------------------------------------------------------------------
0 0007760655 MORTGAGORS: HUNT JAMES
ATWOOD-HUNT JAMIE
REGION CODE ADDRESS : 732 LISBOA COURT
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,029.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,349.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.57000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,922,000.00
P & I AMT: 13,246.96
UPB AMT: 1,917,134.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 88
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760689 MORTGAGORS: ZHANG HONG
ZHANG TONG
REGION CODE ADDRESS : 2418 ROBERT ROAD
01 CITY : ROWLAND HEIGHTS
STATE/ZIP : CA 91748
MORTGAGE AMOUNT : 236,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,224.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 92.90100
-------------------------------------------------------------------
0 0007760747 MORTGAGORS: MITCHELL CHARLES
REGION CODE ADDRESS : 40 ALHAMBRA COURT
01 CITY : PORTOLA VALLEY
STATE/ZIP : CA 94028
MORTGAGE AMOUNT : 630,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,015.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,301.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.44000
-------------------------------------------------------------------
0 0007760911 MORTGAGORS: BARKER ALAN
BARKER MARY
REGION CODE ADDRESS : 11 DIANNE COURT
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 473,962.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,362.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.96900
-------------------------------------------------------------------
0 0007760929 MORTGAGORS: ROSALES RICHARD
ROSALES MARIE
REGION CODE ADDRESS : 920 FINNELL WAY
01 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,303.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007760945 MORTGAGORS: SCHULTZ DALE
VEAR LYNN
REGION CODE ADDRESS : 112 LOMITA DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 427,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,510.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,952.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.08100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,065,900.00
P & I AMT: 14,332.20
UPB AMT: 2,061,016.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 89
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007760952 MORTGAGORS: SMITH GAILERD
SMITH LINDA
REGION CODE ADDRESS : 9601 BUCKEYE COURT
01 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,222.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.12000
-------------------------------------------------------------------
0 0007760960 MORTGAGORS: WIXON RUSSELL
WIXON JOANNE
REGION CODE ADDRESS : 605 TIMBERLEAF COURT
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 472,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,387.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,223.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007760978 MORTGAGORS: KWAN STEPHEN
KWAN AMY
REGION CODE ADDRESS : 26513 WESTON DRIVE
01 CITY : LOS ALTOS HILLS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 798,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 796,167.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,511.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.35400
-------------------------------------------------------------------
0 0007760986 MORTGAGORS: JACINTO FRANKLIN
JACINTO LOIDA
REGION CODE ADDRESS : 2832 VIZZOLINI COURT
02 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,972.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 48.20500
-------------------------------------------------------------------
0 0007761000 MORTGAGORS: STRECKER MARK
REGION CODE ADDRESS : 135 BELCREST DRIVE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,239.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.87800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,355,500.00
P & I AMT: 16,281.36
UPB AMT: 2,349,989.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 90
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761018 MORTGAGORS: HEINSOHN SCOTTY
REGION CODE ADDRESS : 7444 CAPSTAN DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 318,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,731.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,145.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.99100
-------------------------------------------------------------------
0 0007761026 MORTGAGORS: WENDLING MICHAEL
WENDLING VICTORIA
REGION CODE ADDRESS : 20 VIA FLOREADO
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 460,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,767.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,221.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 49.02100
-------------------------------------------------------------------
0 0007761034 MORTGAGORS: YU RICHARD
YU YING
REGION CODE ADDRESS : 3446 VANTAGE POINTE DRIVE
01 CITY : ROWLAND HEIGHTS
STATE/ZIP : CA 91748
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,247.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.71400
-------------------------------------------------------------------
0 0007761059 MORTGAGORS: WIGGINS JOHN
WIGGINS LORA
REGION CODE ADDRESS : 12899 HARWICK LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 516,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 515,413.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,568.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.86900
-------------------------------------------------------------------
0 0007761075 MORTGAGORS: SUH JOHN
SUH KAB
REGION CODE ADDRESS : 459 OBSIDIAN WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,957.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,894,900.00
P & I AMT: 13,124.10
UPB AMT: 1,890,117.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 91
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761091 MORTGAGORS: SHAH SANJIT
SHAH SONIA
REGION CODE ADDRESS : 1495 CHAVEZ WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,370.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.93300
-------------------------------------------------------------------
0 0007761109 MORTGAGORS: KROCK ALAN
KROCK CHRISTA
REGION CODE ADDRESS : 746 NEWPORT CIRCLE
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,023.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,048.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007761117 MORTGAGORS: KEIL GABRIELLE
REGION CODE ADDRESS : 44 LAGOON VISTA DRIVE
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,365.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 50.08800
-------------------------------------------------------------------
0 0007761125 MORTGAGORS: MATTIA JASON
REGION CODE ADDRESS : 544 BURNS AVENUE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 385,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,757.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,534.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.29100
-------------------------------------------------------------------
0 0007761133 MORTGAGORS: HUANG JAMES
HUANG KATHY
REGION CODE ADDRESS : 2361 TASSO STREET
01 CITY : PALO ALTO
STATE/ZIP : CA 94301
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,543.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.30200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,035,750.00
P & I AMT: 14,071.14
UPB AMT: 2,030,061.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 92
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761141 MORTGAGORS: MAAG S.
MAAG LINDA
REGION CODE ADDRESS : 30 ASHFORD PLACE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,921.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0007761158 MORTGAGORS: CHIN PHILIP
CHIN WINNIE
REGION CODE ADDRESS : 14737 LIVE OAK LANE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 715,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 713,357.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,938.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 52.38095
-------------------------------------------------------------------
0 0007761174 MORTGAGORS: RESNICK JEFFREY
RESNICK MICHELE
REGION CODE ADDRESS : 2462 WESTRIDGE ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 595,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 593,172.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,109.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.45600
-------------------------------------------------------------------
0 0007761182 MORTGAGORS: CARR JOHN
CARR SUSAN
REGION CODE ADDRESS : 14774 VIA DE LA VALLE
01 CITY : RANCHO SANTA FE
STATE/ZIP : CA 92067
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,863.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,680.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.72400
-------------------------------------------------------------------
0 0007761208 MORTGAGORS: FAKTOROVICH BORIS
REGION CODE ADDRESS : 3421 OAK GLEN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,028.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,852.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.91100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,598,000.00
P & I AMT: 18,098.35
UPB AMT: 2,590,343.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 93
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761216 MORTGAGORS: BERGHER MANUEL
BERGHER CAMILLE
REGION CODE ADDRESS : 1460-62 SOUTH CANFIELD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90035
MORTGAGE AMOUNT : 341,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,425.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007761224 MORTGAGORS: GROSS E.
GROSS SUE
REGION CODE ADDRESS : 23247 W. PALOMA BLANCA DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 578,218.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,005.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.33300
-------------------------------------------------------------------
0 0007761232 MORTGAGORS: SHANG LIN
REGION CODE ADDRESS : 28311 SEAMOUNT DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,940.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.23000
-------------------------------------------------------------------
0 0007761240 MORTGAGORS: BENNETT DOUG
BENNETT LEA
REGION CODE ADDRESS : 1760 MONTGOMERY DRIVE
01 CITY : VISTA
STATE/ZIP : CA 92084
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,926.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007761257 MORTGAGORS: BEAVER JAN
BEAVER LESLIE
REGION CODE ADDRESS : 14283 WOODCREEK ROAD
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 252,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,110.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.80000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,886,600.00
P & I AMT: 13,022.39
UPB AMT: 1,881,621.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 94
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761265 MORTGAGORS: AVILA THOMAS
AVILA LINDA
REGION CODE ADDRESS : 31061 AUGUSTA DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,406.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.94500
-------------------------------------------------------------------
0 0007761273 MORTGAGORS: APPLEGARTH NANCY
APPLEGARTH JOHN
REGION CODE ADDRESS : 151 ULLOA STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,159.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.78700
-------------------------------------------------------------------
0 0007761281 MORTGAGORS: JACQUAY JOHN
JACQUAY LYNNE
REGION CODE ADDRESS : 246 DORCHESTER LANE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,215.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 26.92300
-------------------------------------------------------------------
0 0007761299 MORTGAGORS: PORTER GEORGE
PORTER MARTHEL
REGION CODE ADDRESS : 5543 SW EDGEMONT PLAZA
01 CITY : PORTLAND
STATE/ZIP : OR 97201
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,107.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,492.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.66600
-------------------------------------------------------------------
0 0007761315 MORTGAGORS: HONNECKE VON
HONNECKE DIANE
REGION CODE ADDRESS : 530 S. COORS COURT
01 CITY : LAKEWOOD
STATE/ZIP : CO 80228
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,143.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,646,000.00
P & I AMT: 11,414.73
UPB AMT: 1,642,032.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 95
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761331 MORTGAGORS: ARMSTRONG WINSTON
ARMSTRONG HEIDI
REGION CODE ADDRESS : 1303 BLUE SKY DRIVE
01 CITY : CARDIFF
STATE/ZIP : CA 92007
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,383.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.62000
-------------------------------------------------------------------
0 0007761349 MORTGAGORS: EVERMAN THOMAS
EVERMAN BARBARA
REGION CODE ADDRESS : 21691 LINDY LANE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 354,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,266.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,415.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.84100
-------------------------------------------------------------------
0 0007761356 MORTGAGORS: GREGG JOHN
GREGG HILARY
REGION CODE ADDRESS : 904 WILADONDA DRIVE
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 414,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,049.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,859.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.00000
-------------------------------------------------------------------
0 0007761372 MORTGAGORS: BERGLUND BARRY
REGION CODE ADDRESS : 15095 TIERRA ALTA
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,275.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,435.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.10300
-------------------------------------------------------------------
0 0007761398 MORTGAGORS: FRICKER HELMUT
FRICKER URSULA
REGION CODE ADDRESS : 1350 SANDSTONE DR. #1
01 CITY : VAIL
STATE/ZIP : CO 81657
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,292.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.15 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: 1,619,100.00
P & I AMT: 11,283.78
UPB AMT: 1,615,267.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 96
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761406 MORTGAGORS: LEE JASPER
LEE GIGI
REGION CODE ADDRESS : 629 SOUTH SANTA ANITA AVENUE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,740.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.17500
-------------------------------------------------------------------
0 0007761414 MORTGAGORS: HOMAN CLARK
REGION CODE ADDRESS : 209 TEN MILE CIRCLE #602
01 CITY : COPPER MOUNTAIN
STATE/ZIP : CO 80443
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,044.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007761422 MORTGAGORS: TSE DAVID
TSE DAISY
REGION CODE ADDRESS : 15082 RIDGEVIEW COURT
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,123.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.55200
-------------------------------------------------------------------
0 0007761430 MORTGAGORS: GIBSON JAMES
GIBSON JUNE
REGION CODE ADDRESS : 3500 HERTFORD PLACE
01 CITY : ROWLAND HEIGHTS
STATE/ZIP : CA 91748
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,979.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.00000
-------------------------------------------------------------------
0 0007761448 MORTGAGORS: SHOLL JOHN
SHOLL RAMELLE
REGION CODE ADDRESS : 79 HAZEL LANE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,953.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.16600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,931,000.00
P & I AMT: 13,200.55
UPB AMT: 1,924,840.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 97
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761455 MORTGAGORS: NEUMEYER LEONARDO
KLEJNER BAT
REGION CODE ADDRESS : 3428 SOUTH COURT
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,525.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.93400
-------------------------------------------------------------------
0 0007761463 MORTGAGORS: PACKER THOMAS
PACKER EVELYN
REGION CODE ADDRESS : 211 SAN RAFAEL AVENUE
01 CITY : BELVEDERE
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 643,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 642,121.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,445.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007761471 MORTGAGORS: OLIVER MARK
REGION CODE ADDRESS : 5815 CAMINITO DEL ESTIO
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,087.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 68.81700
-------------------------------------------------------------------
0 0007761489 MORTGAGORS: JOHNSON WILLIAM
JOHNSON SANDRA
REGION CODE ADDRESS : 277 SOUTH EQUESTRIAN COURT
01 CITY : GILBERT
STATE/ZIP : AZ 85234
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,372.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.87300
-------------------------------------------------------------------
0 0007761497 MORTGAGORS: KIM MI
REGION CODE ADDRESS : 737 SOUTH WINDSOR BOULEVARD #104
01 CITY : LOS ANGELES
STATE/ZIP : CA 90038
MORTGAGE AMOUNT : 357,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,798.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,500.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,876,700.00
P & I AMT: 13,122.24
UPB AMT: 1,871,906.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 98
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761513 MORTGAGORS: PENDLETON STUART
PENDLETON STACY
REGION CODE ADDRESS : 1344 OAKHURST AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,905.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.52900
-------------------------------------------------------------------
0 0007761521 MORTGAGORS: FERRARI LOUIS
FERRARI KATHLEEN
REGION CODE ADDRESS : 1568 MCCOY AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,437.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 45.63600
-------------------------------------------------------------------
0 0007761539 MORTGAGORS: CUTRIGHT SEAN
EAKLE-CUTRIGHT ANDREA
REGION CODE ADDRESS : 1609 RALSTON AVENUE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,093.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,626.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.64200
-------------------------------------------------------------------
0 0007761547 MORTGAGORS: SIMPSON HERBERT
SIMPSON KATHRYN
REGION CODE ADDRESS : 6701 KENT PLACE
01 CITY : CASTLE ROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,270.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.09300
-------------------------------------------------------------------
0 0007761554 MORTGAGORS: ROLES CHRISTOPHER
ROLES MINDI
REGION CODE ADDRESS : 813 BUNGALOW DRIVE
01 CITY : EL SEGUNDO
STATE/ZIP : CA 90245
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,123.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 87.59100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,621,000.00
P & I AMT: 11,241.59
UPB AMT: 1,515,830.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 99
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761562 MORTGAGORS: SOTKIEWICZ TODD
SINNEMA MARY
REGION CODE ADDRESS : 124 WALDO AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 458,775.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,945.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 55.62200
-------------------------------------------------------------------
0 0007761570 MORTGAGORS: STEIMANN DIETER
STEIMANN DIANE
REGION CODE ADDRESS : 4128 PEPPER AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,625.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,112.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007761588 MORTGAGORS: EFTEKHARZADEH SINA
REGION CODE ADDRESS : 8245 EAST WOODWIND AVE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 319,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,083.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98300
-------------------------------------------------------------------
0 0007761596 MORTGAGORS: SCHNITZER WILHELMINA
REGION CODE ADDRESS : 5 HILARITA CIRCLE
01 CITY : BELVEDERE
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 717,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 715,547.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,261.09 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 015
LTV : 65.18100
-------------------------------------------------------------------
0 0007761604 MORTGAGORS: AUTRY DAVID
AUTRY GIANNA
REGION CODE ADDRESS : 15575 LA HONDA DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 276,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,910.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 70.89700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,082,900.00
P & I AMT: 14,535.51
UPB AMT: 2,077,942.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 100
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761612 MORTGAGORS: HO TERRY
HO ANNIE
REGION CODE ADDRESS : 10409 NORWICH AVENUE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,138.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.34700
-------------------------------------------------------------------
0 0007761620 MORTGAGORS: CHENG MA
LU YAN
REGION CODE ADDRESS : 41086 CANYON HEIGHTS DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,007.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,983.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.12000
-------------------------------------------------------------------
0 0007761638 MORTGAGORS: LANGFORD CRAIG
LANFFORD DESIREE
REGION CODE ADDRESS : 3362 EAST MEADOW CREEK PLACE
01 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,880.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007761646 MORTGAGORS: KEMP CLIVE
KEMP LAURA
REGION CODE ADDRESS : 10141 OLD RANCH CIRCLE
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,314.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 45.45454
-------------------------------------------------------------------
0 0007761653 MORTGAGORS: SONIK OWEN
SONIK STACY
REGION CODE ADDRESS : 106 WHIPPLE DRIVE
01 CITY : BELLAIRE
STATE/ZIP : TX 77401
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,851.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,398.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,500.00
P & I AMT: 11,742.05
UPB AMT: 1,694,193.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 101
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761661 MORTGAGORS: SILVERMAN GREGG
SILVERMAN COOKIE
REGION CODE ADDRESS : 215 JACKSON PLACE
01 CITY : CORPUS CHRISTI
STATE/ZIP : TX 78411
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,390.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007761679 MORTGAGORS: WONG MIKE
REGION CODE ADDRESS : 120 WEST SYCAMORE AVENUE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 572,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 570,619.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,853.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.09500
-------------------------------------------------------------------
0 0007761687 MORTGAGORS: WEI DAVID
WEI NANCY
REGION CODE ADDRESS : 22657 TOWN CRIER ROAD
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,363.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.88800
-------------------------------------------------------------------
0 0007761695 MORTGAGORS: DAVIS GEOFFREY
DAVIS PHYLLIS
REGION CODE ADDRESS : 1413 NW SKYLINE BLVD
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 483,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 482,069.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,137.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007761703 MORTGAGORS: CONSTANTINE JOHN
CONSTANTINE DEBRA
REGION CODE ADDRESS : 1205 OAKLAND AVENUE
01 CITY : PIEDMONT
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,081.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 54.79400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,011,750.00
P & I AMT: 13,641.59
UPB AMT: 2,006,525.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 102
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761711 MORTGAGORS: CASTILLO MAI-YEN
CASTILLO VICTORIANO
REGION CODE ADDRESS : 570 DIANA AVENUE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,390.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.13000
-------------------------------------------------------------------
0 0007761729 MORTGAGORS: MCDERMID WILLIAM
MCDERMID SUSAN
REGION CODE ADDRESS : 8246 WILLOWLANE
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 341,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,695.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,329.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.62300
-------------------------------------------------------------------
0 0007761737 MORTGAGORS: FOX ROBERT
JACOBS FOX JANET
REGION CODE ADDRESS : 1615 EOLUS AVENUE
01 CITY : LEUCADIA
STATE/ZIP : CA 92024
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 : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007761745 MORTGAGORS: SCHUMACHER KIMBERLY
REGION CODE ADDRESS : 115 SOUTH JACKSON STREET
01 CITY : DENVER
STATE/ZIP : CO 80209
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,165.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.50000
-------------------------------------------------------------------
0 0007761752 MORTGAGORS: LIN WILLIAM
LIN LUCY
REGION CODE ADDRESS : 1405 VIA ARCO
01 CITY : PALOS VERDES ESTATES
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 618,540.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,229.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 45.25500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,778,000.00
P & I AMT: 12,268.20
UPB AMT: 1,773,704.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 103
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761760 MORTGAGORS: BARRETT WILLIAM
BARRETT DIANE
REGION CODE ADDRESS : 3957 22ND STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,270.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.88800
-------------------------------------------------------------------
0 0007761786 MORTGAGORS: CHEN YOU-JIAN
LOU WEI
REGION CODE ADDRESS : 1209 ARNO DRIVE
01 CITY : SIERRA MADRE
STATE/ZIP : CA 91024
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,431.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 63.41400
-------------------------------------------------------------------
0 0007761794 MORTGAGORS: REBELLO J
REBELLO COLLEEN
REGION CODE ADDRESS : 3682 RIVERS EDGE DRIVE
01 CITY : LAKE OSWEGO
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,394.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.45600
-------------------------------------------------------------------
0 0007761802 MORTGAGORS: POND GREGORY
POND JOYCE
REGION CODE ADDRESS : 5063 HUNTER VALLEY LANE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 999,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 997,536.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,736.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 41.32000
-------------------------------------------------------------------
0 0007761810 MORTGAGORS: WHEATON ANDREW
WHEATON JEANINE
REGION CODE ADDRESS : 1525 MANTELLI DRIVE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,420.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.09500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,072,950.00
P & I AMT: 14,123.20
UPB AMT: 2,068,054.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 104
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761828 MORTGAGORS: MACDONALD PETER
MACDONALD DEIRDRE
REGION CODE ADDRESS : 18 HERMITAGE LANE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 999,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 947,208.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,991.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.04774
-------------------------------------------------------------------
0 0007761836 MORTGAGORS: MYERS STEVEN
REGION CODE ADDRESS : 16 SPRINGBROOK ROAD
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,811.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.34100
-------------------------------------------------------------------
0 0007761844 MORTGAGORS: THOMAS COLIN
THOMAS KAREN
REGION CODE ADDRESS : 4738 REEDLEY TERRACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 446,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,025.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,156.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.06700
-------------------------------------------------------------------
0 0007761851 MORTGAGORS: PRITCHARD ROBERT
PRITCHARD CATHERINE
REGION CODE ADDRESS : 4360 MENSHA PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 338,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,760.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 71.26300
-------------------------------------------------------------------
0 0007761869 MORTGAGORS: WU CHENG-YIN
REGION CODE ADDRESS : 2909 SO.WESTBOURNE PL.
01 CITY : ROWLAND HEIGHTS
STATE/ZIP : CA 91748
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,480.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 74.62600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,326,950.00
P & I AMT: 16,352.48
UPB AMT: 2,271,285.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 105
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761877 MORTGAGORS: SHAROU ELI
SHAROU ADRICA
REGION CODE ADDRESS : 1396 KINGSBORO COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 346,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,053.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 33.03300
-------------------------------------------------------------------
0 0007761885 MORTGAGORS: MENDENHALL MATTHEW
LITTLE LYNN
REGION CODE ADDRESS : 3815 CADDEN WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92117
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,296.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.50000
-------------------------------------------------------------------
0 0007761893 MORTGAGORS: OLGUIN JUAN
OLGUIN ALICIA
REGION CODE ADDRESS : 839 EMORY AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,278.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.33300
-------------------------------------------------------------------
0 0007761919 MORTGAGORS: ZABLE ELIZABETH
WARD DEBORAH
REGION CODE ADDRESS : 797 EL PAISANO DRIVE
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 363,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,805.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 69.25700
-------------------------------------------------------------------
0 0007761927 MORTGAGORS: TSUI ERNEST
TSUI EVA
REGION CODE ADDRESS : 406 ILENE DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,353.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,622,450.00
P & I AMT: 11,305.97
UPB AMT: 1,618,787.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 106
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761943 MORTGAGORS: GUATELLI JOHN
GUATELLI MARY
REGION CODE ADDRESS : 5955 SEACREST VIEW ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92121
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,882.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.57700
-------------------------------------------------------------------
0 0007761950 MORTGAGORS: KENNEY DAVID
KENNEY CONNIE
REGION CODE ADDRESS : 7833 OURAY COUNTY RD 1
01 CITY : MONTROSE
STATE/ZIP : CO 81401
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,438.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 58.69500
-------------------------------------------------------------------
0 0007761968 MORTGAGORS: MAC DONELL GREGORY
MAC DONELL JENNIFER
REGION CODE ADDRESS : 14617 CHESTER AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 1,200,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,197,311.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 8,390.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 250
LTV : 50.00000
-------------------------------------------------------------------
0 0007761976 MORTGAGORS: JAMES CARLTON
REGION CODE ADDRESS : 125 KENMORE WAY
01 CITY : WOODSIDE
STATE/ZIP : CA 94062
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,344.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 22.72700
-------------------------------------------------------------------
0 0007761984 MORTGAGORS: JOHNSON NANCY
PELL PAMELA
REGION CODE ADDRESS : 1014 CAMINO PABLO
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 431,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,728.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,941.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,483,750.00
P & I AMT: 17,413.05
UPB AMT: 2,477,706.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 107
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007761992 MORTGAGORS: KELLY CLIFTON
KELLY LAURA
REGION CODE ADDRESS : 8436 EAST WHISPERING WIND DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,340.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007762008 MORTGAGORS: LEE SEO
LEE JIMMY
REGION CODE ADDRESS : 15744 LA MOINE STREET
01 CITY : HACIENDA HEIGHTS
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,455.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007762016 MORTGAGORS: AKBARNIA BEHROOZ
OWSIA NASRIN
REGION CODE ADDRESS : 1115 LA JOLLA RANCHO ROAD
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 999,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 995,129.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,814.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 66.60000
-------------------------------------------------------------------
0 0007762024 MORTGAGORS: GARNER SUZAN
MENDEL BARTON
REGION CODE ADDRESS : 206 EAST PADRE STREET
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93105
MORTGAGE AMOUNT : 515,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 514,615.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,562.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.31100
-------------------------------------------------------------------
0 0007762032 MORTGAGORS: BORSACK MARLEAU
BORSACK KRICKET
REGION CODE ADDRESS : 416 11TH STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 343,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,238.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,403.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.96000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,381,550.00
P & I AMT: 16,390.17
UPB AMT: 2,374,779.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 108
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007762040 MORTGAGORS: POLLACK HOWARD
HUDSON HOPE
REGION CODE ADDRESS : 276 MARMONA DRIVE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.07400
-------------------------------------------------------------------
0 0007762057 MORTGAGORS: HOWARD RANDOLPH
HOWARD SHERRIL
REGION CODE ADDRESS : 2121 STONE CROFT STREET
01 CITY : LAS VEGAS
STATE/ZIP : NV 89134
MORTGAGE AMOUNT : 228,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 228,184.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,521.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007762073 MORTGAGORS: YOUNGBLOOD MARY
REGION CODE ADDRESS : 12541 64TH AVE NE
01 CITY : KIRKLAND
STATE/ZIP : WA 98034
MORTGAGE AMOUNT : 272,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,522.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,857.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007762107 MORTGAGORS: CIOCIA JOSEPH
CIOCIA KATHERINE
REGION CODE ADDRESS : 15577 S. SADDLE LANE
01 CITY : OREGON CITY
STATE/ZIP : OR 97045
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,056.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,201.30 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 10/01/27
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 89.82000
-------------------------------------------------------------------
0 0007762149 MORTGAGORS: HENG LORRAINE
REGION CODE ADDRESS : 107 OAK CREEK BOULEVARD
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 348,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,736.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,438.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,549,750.00
P & I AMT: 10,747.63
UPB AMT: 1,540,557.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 109
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007762164 MORTGAGORS: HUTCHINSON KIM
HUTCHINSON JODY
REGION CODE ADDRESS : 1420 N.W. SPYGLASS
01 CITY : MCMINNVILLE
STATE/ZIP : OR 97128
MORTGAGE AMOUNT : 234,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,553.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,701.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/27
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007762172 MORTGAGORS: STEWART RANDY
STEWART TAMARA
REGION CODE ADDRESS : 30981 VIA MIRADOR
01 CITY : SAN JUAN CAPISTRA
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 594,469.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,195.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.28900
-------------------------------------------------------------------
0 0007762180 MORTGAGORS: TORRANO ROBERT
KESSEL LORI
REGION CODE ADDRESS : 6468 PFEIFFER RANCH ROAD
02 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 483,114.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,450.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007762206 MORTGAGORS: SMITH BRIAN
SMITH LISA
REGION CODE ADDRESS : 1978 WEST 11600 SOUTH
01 CITY : ELKRIDGE
STATE/ZIP : UT 84651
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 504,312.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,653.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 81.60000
-------------------------------------------------------------------
0 0007762214 MORTGAGORS: COX RANDY
COX RUTH
REGION CODE ADDRESS : 201 WOOD LAKE ROAD
01 CITY : ALEDO
STATE/ZIP : TX 76008
MORTGAGE AMOUNT : 229,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 226,974.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,603.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 39.53448
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,061,450.00
P & I AMT: 14,604.18
UPB AMT: 2,041,424.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 110
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007762222 MORTGAGORS: LUDVIKSEN JON
LUDVIKSEN LYNNETTE
REGION CODE ADDRESS : 1465 LAKEVIEW LANE
01 CITY : WHITEFISH
STATE/ZIP : MT 59937
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,571.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.36300
-------------------------------------------------------------------
0 0007762230 MORTGAGORS: HAGNER SARAH
REGION CODE ADDRESS : 240-242 ORANGE AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,786.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,977.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 01/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0007762248 MORTGAGORS: BROSNAN PIERCE
REGION CODE ADDRESS : 31663 BROAD BEACH ROAD
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,741.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,080.20 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 12/01/27
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 58.57142
-------------------------------------------------------------------
0 0007762909 MORTGAGORS: HUNTER CHARLES
KICKLIGHTER JANA
REGION CODE ADDRESS : 6221 TRAYMORE TRACE
01 CITY : SMYRNA
STATE/ZIP : GA 30082
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,022.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.98800
-------------------------------------------------------------------
0 0007762917 MORTGAGORS: YELLEN MICHAEL
REGION CODE ADDRESS : 1070 KNOLL TERRACE
02 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 260,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,481.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99655
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,466,900.00
P & I AMT: 10,645.83
UPB AMT: 1,457,603.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 111
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007762925 MORTGAGORS: BUDA IGNATIUS
REGION CODE ADDRESS : 19507 ESTUARY DRIVE
01 CITY : BOCA RATON
STATE/ZIP : FL 33498
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,546.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.88800
-------------------------------------------------------------------
0 0007762933 MORTGAGORS: VARGAS CARLOS
LEWIS SHANE
REGION CODE ADDRESS : 12215 KENTON WAY
01 CITY : BOCA RATON
STATE/ZIP : FL 33428
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,546.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007762974 MORTGAGORS: STEVER ERIC
STEVER CHRISTINE
REGION CODE ADDRESS : 15448 NORTH CABRILLO DRIVE
01 CITY : FOUNTAIN HILLS
STATE/ZIP : AZ 85268
MORTGAGE AMOUNT : 259,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,409.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,884.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.98461
-------------------------------------------------------------------
0 0007762982 MORTGAGORS: JULIBER NANCY
REGION CODE ADDRESS : 2141 GOLDEN GATE AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,844.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007762990 MORTGAGORS: LEPGOLD JOSEPH
DEAN NANCY
REGION CODE ADDRESS : 6224 35TH STREET
02 CITY : ARLINGTON
STATE/ZIP : VA 22213
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,710.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,311.36 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,454,950.00
P & I AMT: 10,224.85
UPB AMT: 1,451,057.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 112
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763006 MORTGAGORS: CHRISTENSEN NATHAN
CHRISTENSEN KARYN
REGION CODE ADDRESS : 8004 PINEVILLE CIRCLE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 321,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,713.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.97533
-------------------------------------------------------------------
0 0007763014 MORTGAGORS: KERSTEN STEPHEN
KERSTEN SARAH
REGION CODE ADDRESS : 13901 WEST PARK AVENUE
01 CITY : BOULDER CREEK
STATE/ZIP : CA 95006
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,393.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763022 MORTGAGORS: COLEMAN BRETT
COLEMAN KAREN
REGION CODE ADDRESS : 4400 BITTEROOT ROAD
01 CITY : RENO
STATE/ZIP : NV 89509
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.28571
-------------------------------------------------------------------
0 0007763030 MORTGAGORS: MACK CHARLES
REGION CODE ADDRESS : 50 SAWGRASS COURT
01 CITY : LAS VEGAS
STATE/ZIP : NV 89113
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,682.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,769.47 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 66.66666
-------------------------------------------------------------------
0 0007763147 MORTGAGORS: HULME NANCY
REGION CODE ADDRESS : 1622 PLACER CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 234,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,219.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,562.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,086,400.00
P & I AMT: 14,547.84
UPB AMT: 2,080,785.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 113
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763154 MORTGAGORS: ANDERSON SEAN
BYRD ROBERT
REGION CODE ADDRESS : 2230 160TH PLACE SOUTHEAST
01 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 235,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,632.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,584.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763162 MORTGAGORS: ENGLERT JACK
ENGLERT PRISCILLA
REGION CODE ADDRESS : 5456 EAST OTERO DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80122
MORTGAGE AMOUNT : 235,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,312.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,568.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.92500
-------------------------------------------------------------------
0 0007763170 MORTGAGORS: BENDER JOHN
REGION CODE ADDRESS : 2341 COLTS BROOK DRIVE
01 CITY : RESTON
STATE/ZIP : VA 20191
MORTGAGE AMOUNT : 237,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,228.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763196 MORTGAGORS: MACCOLL JAMES
MACCOLL HUYEN
REGION CODE ADDRESS : 3449 MONIQUE LANE
01 CITY : SPRING VALLEY
STATE/ZIP : CA 91977
MORTGAGE AMOUNT : 241,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,813.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,625.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007763204 MORTGAGORS: PASHA IMRAN
PASHA SAIRA
REGION CODE ADDRESS : 20979 SHERMAN DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 245,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,934.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.97300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,195,000.00
P & I AMT: 8,113.74
UPB AMT: 1,192,920.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 114
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763212 MORTGAGORS: BUCKERT RYAN
OWNBY SABRA
REGION CODE ADDRESS : 2576 VALERIE COURT
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 247,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,672.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98200
-------------------------------------------------------------------
0 0007763220 MORTGAGORS: LOUGHLIN J.
LOUGHLIN SUZANNE
REGION CODE ADDRESS : 35 ROBINHOOD DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,102.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.00000
-------------------------------------------------------------------
0 0007763238 MORTGAGORS: BAKER TERRY
BAKER DIANE
REGION CODE ADDRESS : 205 SLOAN STREET
01 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 247,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,362.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99677
-------------------------------------------------------------------
0 0007763253 MORTGAGORS: ABERNETHY-HANSEN KEN
ABERNETHY-HANSEN EVELYN
REGION CODE ADDRESS : 492 NOONAN RANCH LANE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,449.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.75000
-------------------------------------------------------------------
0 0007763261 MORTGAGORS: ENCINIAS PAUL
ENCINIAS DORIS
REGION CODE ADDRESS : 465 WHITETAIL CIRCLE
01 CITY : LAFAYETTE
STATE/ZIP : CO 80026
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,634.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.24500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,246,300.00
P & I AMT: 8,631.13
UPB AMT: 1,244,221.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 115
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763279 MORTGAGORS: ERMAN DANIEL
REGION CODE ADDRESS : 40 MOUNTAIN LANE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,148.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007763287 MORTGAGORS: WAGNER TED
WAGNER DONNA
REGION CODE ADDRESS : 24 BUENAVENTURA
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,414.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007763295 MORTGAGORS: RHEINHEIMER RANDALL
RHEINHEIMER REBECCA
REGION CODE ADDRESS : 20091 FERNGLEN DRIVE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,580.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.93700
-------------------------------------------------------------------
0 0007763303 MORTGAGORS: BYRNES KEVIN
BYRNES GINA
REGION CODE ADDRESS : 12850 MACKENZIE DRIVE
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,626.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.17700
-------------------------------------------------------------------
0 0007763311 MORTGAGORS: EVANS J.W.
EVANS MELIDA
REGION CODE ADDRESS : 825 MILAN TERRACE DR.
01 CITY : FORT COLLINS
STATE/ZIP : CO 80525
MORTGAGE AMOUNT : 257,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,016.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,278,900.00
P & I AMT: 8,921.85
UPB AMT: 1,276,787.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 116
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763329 MORTGAGORS: LUTHER JOYCE
LUTHER ERIC
REGION CODE ADDRESS : 139 CARL AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,402.82 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 : 80.00000
-------------------------------------------------------------------
0 0007763337 MORTGAGORS: AMBLER-MARUGG LINDA
MARUGG LLOYD
REGION CODE ADDRESS : 1811 CHEVALIER DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,619.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763345 MORTGAGORS: CAMACHO CARL
CAMACHO DIANE
REGION CODE ADDRESS : 1724 ELM ROAD
01 CITY : CONCORD
STATE/ZIP : CA 94519
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,134.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.69600
-------------------------------------------------------------------
0 0007763352 MORTGAGORS: JOHNSON RICHARD
JOHNSON CYNTHIA
REGION CODE ADDRESS : 252 NORTH MEADOW DRIVE
01 CITY : DAMMERON VALLEY
STATE/ZIP : UT 84783
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,576.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.11700
-------------------------------------------------------------------
0 0007763360 MORTGAGORS: LORIMER DONALD
LORIMER NANCY
REGION CODE ADDRESS : 14740 BUDWIN LANE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,352.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,313,000.00
P & I AMT: 9,068.92
UPB AMT: 1,310,085.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 117
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763378 MORTGAGORS: STANKE EDWARD
STANKE BARBARA
REGION CODE ADDRESS : 3147 MT. ISABEL COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,772.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763386 MORTGAGORS: WALKER CLINTON
WALKER VELDA
REGION CODE ADDRESS : 110 CONGRESSIONAL COURT
01 CITY : MCDONOUGH
STATE/ZIP : GA 30253
MORTGAGE AMOUNT : 267,290.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,644.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007763394 MORTGAGORS: SAUNDERS KEITH
SAUNDERS SHELLY
REGION CODE ADDRESS : 4640 VIA CORZO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,570.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763402 MORTGAGORS: VAN NOY MICHAEL
VAN NOY JOY
REGION CODE ADDRESS : 561 LANCASTER BOULEVARD
01 CITY : MOSS BEACH
STATE/ZIP : CA 94038
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,580.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.34200
-------------------------------------------------------------------
0 0007763410 MORTGAGORS: STREET GABRIEL
STREET ROSARIO
REGION CODE ADDRESS : 109 KEIL BAY
01 CITY : ALAMEDA
STATE/ZIP : CA 94502
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,388.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,981.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.77200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,356,690.00
P & I AMT: 9,304.85
UPB AMT: 1,353,956.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 118
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763428 MORTGAGORS: GAZARIAN RICHARD
GAZARIAN CONSTANCE
REGION CODE ADDRESS : 51 WINTERRUN DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 283,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,915.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763436 MORTGAGORS: LERMAN PHILIP
REGION CODE ADDRESS : 6812 GEORGIA AVENUE
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,577.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.32900
-------------------------------------------------------------------
0 0007763444 MORTGAGORS: KEMP ERIC
KEMP DENA
REGION CODE ADDRESS : 206 CALLAHAN LANE
01 CITY : WINDSOR
STATE/ZIP : CA 95492
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,539.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.96800
-------------------------------------------------------------------
0 0007763451 MORTGAGORS: CRUMB JOHN
STINER-CRUMB CARRIE
REGION CODE ADDRESS : 21575 SOUTHEAST PETROVITSKY ROAD
01 CITY : MAPLE VALLEY
STATE/ZIP : WA 98038
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,727.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.26500
-------------------------------------------------------------------
0 0007763469 MORTGAGORS: FINLEY STEVE
FINLEY SUSAN
REGION CODE ADDRESS : 1964 SCHRADER DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 290,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,230.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.96100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,432,650.00
P & I AMT: 9,824.45
UPB AMT: 1,429,990.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 119
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763477 MORTGAGORS: HIRST LARRY
HIRST SHERIDAN
REGION CODE ADDRESS : 10231 MEREDITH DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,531.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763485 MORTGAGORS: DO TIEN
VO KIM
REGION CODE ADDRESS : 1224 GLACIER DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,329.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763493 MORTGAGORS: KWAN HENRY
KWAN VICKY
REGION CODE ADDRESS : 48598 CARLSBAD ROAD
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 293,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,101.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007763501 MORTGAGORS: STROM ROBERT
STROM MIN
REGION CODE ADDRESS : 5959 FAIRVIEW WOODS DRIVE
02 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 295,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,199.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,939.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763519 MORTGAGORS: WONG DAVID
MC GRATH ERIN
REGION CODE ADDRESS : 264 GOLDEN HIND PASSAGE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,525.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,468,750.00
P & I AMT: 9,944.98
UPB AMT: 1,465,687.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 120
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763527 MORTGAGORS: TAPFER UWE
TAPFER DIANNE
REGION CODE ADDRESS : 779 CONTADA CIRCLE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 298,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,432.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,084.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.22220
-------------------------------------------------------------------
0 0007763535 MORTGAGORS: EVANS DAVID
EVANS DAWNA
REGION CODE ADDRESS : 1403 KINSPORT LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,376.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 43.47800
-------------------------------------------------------------------
0 0007763543 MORTGAGORS: MESBAH MASOOD
MESBAH MELINDA
REGION CODE ADDRESS : 319 CANYON FALLS DRIVE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,360.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,149.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007763550 MORTGAGORS: MOIRAO DAVID
MOIRAO DIANE
REGION CODE ADDRESS : 315 EAST ANGELA STREET
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,855.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 68.75000
-------------------------------------------------------------------
0 0007763568 MORTGAGORS: PANDO IGNACIO
PANDO ROSA
REGION CODE ADDRESS : 19031 FIELDSTONE COURT
01 CITY : SALINAS
STATE/ZIP : CA 93908
MORTGAGE AMOUNT : 307,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,069.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,508,450.00
P & I AMT: 10,598.32
UPB AMT: 1,505,094.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 121
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763576 MORTGAGORS: ROBISON KELLY
ROBISON STEVE
REGION CODE ADDRESS : 579 DIABLO ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,172.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763584 MORTGAGORS: CASSIDY BRIAN
CASSIDY SALLY
REGION CODE ADDRESS : 461 PARKVIEW AVENUE
01 CITY : ELMHURST
STATE/ZIP : IL 60126
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,538.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.26315
-------------------------------------------------------------------
0 0007763592 MORTGAGORS: MC GUIRE LOUIS
MC GUIRE PATRICIA
REGION CODE ADDRESS : 2837 MIRANDA AVENUE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,247.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763600 MORTGAGORS: SINGH MOHINDER
SINGH SUNITA
REGION CODE ADDRESS : 2895 HANCOCK DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94538
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,533.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,188.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.79000
-------------------------------------------------------------------
0 0007763618 MORTGAGORS: MORENO NICHOLAS
MORENO DENNIE
REGION CODE ADDRESS : 9 ULSTER PLACE
01 CITY : ALAMEDA
STATE/ZIP : CA 94502
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,520.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,168.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,558,600.00
P & I AMT: 10,871.64
UPB AMT: 1,556,012.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 122
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763626 MORTGAGORS: DILLARD DAVID
DILLARD PAULA
REGION CODE ADDRESS : 7923 152ND AVENUE NORTHEAST
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,246.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763634 MORTGAGORS: DANIELS JOSEPH
DANIELS JANICK
REGION CODE ADDRESS : 33642 SEA POINT DRIVE
01 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,483.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.96700
-------------------------------------------------------------------
0 0007763642 MORTGAGORS: GEKTIN VADIM
GEKTIN YANA
REGION CODE ADDRESS : 3314 PROVENCE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 334,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,663.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98100
-------------------------------------------------------------------
0 0007763659 MORTGAGORS: VON HOLLE WILLIAM
VON HOLLE ELIZABETH
REGION CODE ADDRESS : 6603 O'KEEFE KNOLL COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22039
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.57800
-------------------------------------------------------------------
0 0007763667 MORTGAGORS: SCHUKLE MARK
SCHUKLE KAREN
REGION CODE ADDRESS : 3732 VALLEY VIEW WAY
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,149.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,668,200.00
P & I AMT: 11,293.75
UPB AMT: 1,665,011.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 123
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763675 MORTGAGORS: FOWLER WILLIAM
FOWLER DEBRA
REGION CODE ADDRESS : 702 LARKSPUR AVENUE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 348,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,217.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,408.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007763683 MORTGAGORS: CHIANG PEDRO
HARTMAN JOAN
REGION CODE ADDRESS : 215 KAITLYN LANE
01 CITY : DANVILLE
STATE/ZIP : CA 94506
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.14300
-------------------------------------------------------------------
0 0007763691 MORTGAGORS: ALTMAN VINCENT
ALTMAN NANCY
REGION CODE ADDRESS : 101 MOORE CREEK ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,143.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,391.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.98100
-------------------------------------------------------------------
0 0007763709 MORTGAGORS: JACOBSON FREDERICK
JACOBSON CINDY
REGION CODE ADDRESS : 4292 AVOCADO AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,416.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,361.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.19500
-------------------------------------------------------------------
0 0007763717 MORTGAGORS: KOTZIAN GENE
KOTZIAN CAROL
REGION CODE ADDRESS : 793 LURLINE DRIVE
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 363,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,665.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.09000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,772,250.00
P & I AMT: 12,001.41
UPB AMT: 1,768,866.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 124
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763725 MORTGAGORS: GREENE STEPHEN
GREENE ARLENE
REGION CODE ADDRESS : 233 SOUTH HELIX AVENUE #N
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,111.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763733 MORTGAGORS: FROELICH WOLFGANG
REGION CODE ADDRESS : 38253 GREYWALLS DRIVE
01 CITY : MURRIETA
STATE/ZIP : CA 92562
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,133.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,510.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763741 MORTGAGORS: DUDLEY FRANK
DUDLEY CATALINA
REGION CODE ADDRESS : 17565 PAGE COURT
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 370,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,034.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,559.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.82920
-------------------------------------------------------------------
0 0007763758 MORTGAGORS: ALTBAUM RON
ALTBAUM KRISTEN
REGION CODE ADDRESS : 3293 THERESA LANE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 375,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,271.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763766 MORTGAGORS: SOMOGYI GEORGE
SOMOGYI KARIN
REGION CODE ADDRESS : 29101 RIDGEVIEW DRIVE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 392,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,701.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,709.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.97700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,874,100.00
P & I AMT: 12,755.06
UPB AMT: 1,870,252.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 125
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763774 MORTGAGORS: FURSTENAU ROBERT
FURSTENAU JEANETTE
REGION CODE ADDRESS : 1415 MCCULLOCH BOULEVARD #104
01 CITY : LAKE HAVASU CITY
STATE/ZIP : AZ 86403
MORTGAGE AMOUNT : 399,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,958.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.45200
-------------------------------------------------------------------
0 0007763782 MORTGAGORS: PEARSON CHRISTOPHER
PEARSON HEIDI
REGION CODE ADDRESS : 2357 ROUNDHILL DRIVE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,011.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007763790 MORTGAGORS: MILANO LAWRENCE
MILANO LINDA
REGION CODE ADDRESS : 12852 NORTH 136TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,311.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.94900
-------------------------------------------------------------------
0 0007763808 MORTGAGORS: FONG KENNETH
FONG DIANE
REGION CODE ADDRESS : 926 RIVERA STREET
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,864.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,943.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763816 MORTGAGORS: SEIBERT KEITH
SNOW CATHERINE
REGION CODE ADDRESS : 5709 BLACK AVENUE
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,223.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,140.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,179,900.00
P & I AMT: 14,678.01
UPB AMT: 2,175,369.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 126
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763824 MORTGAGORS: ELAM MICHAEL
ELAM KYMBERLY
REGION CODE ADDRESS : 28 DARLENE COURT
01 CITY : ALAMO
STATE/ZIP : CA 94507
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763832 MORTGAGORS: SOBERANES THOMAS
SOBERANES SUZANNE
REGION CODE ADDRESS : 3820 ARBOLADO DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,951.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,397.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763840 MORTGAGORS: ZAVIDOW ROBERT
ZAVIDOW JILL
REGION CODE ADDRESS : 1746 2ND STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 486,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 484,797.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.47058
-------------------------------------------------------------------
0 0007763857 MORTGAGORS: FOY GLENN
FOY MARITNA
REGION CODE ADDRESS : 7824 FOOTHILL KNOLLS
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 549,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 548,337.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,795.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763865 MORTGAGORS: GREEN DUNCAN
GREEN DAYSI
REGION CODE ADDRESS : 17 LARK COURT
01 CITY : LARKSPUR
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,776.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,963.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.11628
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,551,600.00
P & I AMT: 17,517.35
UPB AMT: 2,546,060.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 127
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763873 MORTGAGORS: NICHOLS ROGER
NICHOLS LONA
REGION CODE ADDRESS : 1404 CRESTVIEW DRIVE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 572,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 570,686.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,950.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007763881 MORTGAGORS: MARCON MICHAEL
MARCON MARY
REGION CODE ADDRESS : 2511 ROYAL OAKS DRIVE
01 CITY : ALAMO
STATE/ZIP : GA 94507
MORTGAGE AMOUNT : 617,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 616,381.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,266.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007763899 MORTGAGORS: MCEWAN THOMAS
MCEWAN JUDITH
REGION CODE ADDRESS : 30772 SAN REMO DRIVE
01 CITY : CARMEL
STATE/ZIP : CA 93923
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 : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.38095
-------------------------------------------------------------------
0 0007763907 MORTGAGORS: HOSIER JERALD
HOSIER ANNETTE
REGION CODE ADDRESS : 1070 SURREY OAKS DR.
01 CITY : COLLIERVILLE
STATE/ZIP : TN 38017
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,598.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.50000
-------------------------------------------------------------------
0 0007763915 MORTGAGORS: HEROS RICARDO
HEROS LUCIA
REGION CODE ADDRESS : 3452 KEL CREEK COVE
01 CITY : MEMPHIS
STATE/ZIP : TN 38122
MORTGAGE AMOUNT : 266,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,822.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 82.91809
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,344,050.00
P & I AMT: 16,064.31
UPB AMT: 2,338,996.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 128
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763923 MORTGAGORS: SANKOWSKI STANLEY
GENTZ-SANKOWSKI SONDRA
REGION CODE ADDRESS : 809 HWY 113
01 CITY : WHITE PINE
STATE/ZIP : TN 37890
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.41176
-------------------------------------------------------------------
0 0007763931 MORTGAGORS: MILAM STEVEN
MILAM PAIGE
REGION CODE ADDRESS : 2382 FABERT COVE
01 CITY : COLLIERVILLE
STATE/ZIP : TN 38017
MORTGAGE AMOUNT : 341,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,752.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.01099
-------------------------------------------------------------------
0 0007763956 MORTGAGORS: HUYNH MINH
HUYNH BINH
REGION CODE ADDRESS : 1451 STUBBINS WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 238,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,645.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.23077
-------------------------------------------------------------------
0 0007763964 MORTGAGORS: REED THOMAS
REED RENEE
REGION CODE ADDRESS : 5727 NORTH 26TH STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 241,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,432.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,644.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.74193
-------------------------------------------------------------------
0 0007763972 MORTGAGORS: CAMPOS DARRELL
CAMPOS CHRISTY
REGION CODE ADDRESS : 60 ALEMAN COURT
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 242,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,011.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,332,700.00
P & I AMT: 9,059.74
UPB AMT: 1,330,408.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 129
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007763980 MORTGAGORS: TAYLOR MARIE
REGION CODE ADDRESS : 633 FLANDERS DRIVE
01 CITY : ST. LOUIS
STATE/ZIP : MO 63122
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,495.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 88.36363
-------------------------------------------------------------------
0 0007763998 MORTGAGORS: TOLBERT JAMES
TOLBERT CYNTHIA
REGION CODE ADDRESS : 1360 EAST DESERT TRUMPET ROAD
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 246,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,374.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,679.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007764004 MORTGAGORS: DUVAL ALAIN
REGION CODE ADDRESS : 1321 MEADOWRUE LANE
01 CITY : BATAVIA
STATE/ZIP : IL 60510
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,624.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.75000
-------------------------------------------------------------------
0 0007764012 MORTGAGORS: LORAH JOHN
LORAH HELEN
REGION CODE ADDRESS : 43975 LOUISA DRIVE
02 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,057.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007764020 MORTGAGORS: O'BRIEN RYAN
O'BRIEN ANNA
REGION CODE ADDRESS : 29700 NW OLSON ROAD
01 CITY : GASTON
STATE/ZIP : OR 97119
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,088.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,252,250.00
P & I AMT: 8,755.21
UPB AMT: 1,249,640.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 130
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764038 MORTGAGORS: BOSS TIMOTHY
BOSS DELANEA
REGION CODE ADDRESS : 1742 DEL ROSE AVENUE
01 CITY : SPRINGFIELD
STATE/ZIP : OR 97477
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,582.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.15776
-------------------------------------------------------------------
0 0007764046 MORTGAGORS: RUDOLPH DOUGLAS
RUDOLPH ANGELA
REGION CODE ADDRESS : 16078 GOOSEHOLLOW DRIVE
01 CITY : CLACKAMAS
STATE/ZIP : OR 97015
MORTGAGE AMOUNT : 263,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,328.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99697
-------------------------------------------------------------------
0 0007764053 MORTGAGORS: HIRD NANCY
REGION CODE ADDRESS : 1519 EAST SHORE DRIVE
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,147.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764061 MORTGAGORS: SCHOENEBERG TIMOTHY
SCHOENEBERG RENNETT
REGION CODE ADDRESS : 2941 HOLLYBURN RIDGE
01 CITY : MEDFORD
STATE/ZIP : OR 97504
MORTGAGE AMOUNT : 265,905.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,488.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007764079 MORTGAGORS: GUPTA PRAVIN
GUPTA JEANNE
REGION CODE ADDRESS : 8041 WEST REVELL COURT
01 CITY : ORLAND PARK
STATE/ZIP : IL 60462
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,981.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.56818
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,319,855.00
P & I AMT: 8,959.44
UPB AMT: 1,316,530.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 131
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764087 MORTGAGORS: NGO PETER
NGUYEN UYEN
REGION CODE ADDRESS : 1825 TAMBOUR WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,587.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.50000
-------------------------------------------------------------------
0 0007764095 MORTGAGORS: ROBERTS JAMES
ROBERTS LAURA
REGION CODE ADDRESS : 38769 SE COUPLAND ROAD
01 CITY : ESTACADA
STATE/ZIP : OR 97023
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,541.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,786.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764103 MORTGAGORS: MASON MICHAEL
MASON PATRICIA
REGION CODE ADDRESS : 16853 NW WATERFORD WAY
01 CITY : BEAVERTON
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 279,180.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,732.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007764111 MORTGAGORS: JAMES REED
JAMES PEGGY
REGION CODE ADDRESS : 1631 MARALISA COURT
02 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,603.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.88075
-------------------------------------------------------------------
0 0007764129 MORTGAGORS: HOBBS CHARLES
HOBBS JUDITH
REGION CODE ADDRESS : 721 ARROWHEAD ROAD
01 CITY : KLAMATH FALLS
STATE/ZIP : OR 97601
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,501.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,397,180.00
P & I AMT: 9,483.04
UPB AMT: 1,394,966.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 132
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764145 MORTGAGORS: TOUPADAKIS ANDREAS
TOUPADAKIS BARBARA
REGION CODE ADDRESS : 1054 MEGAN ROAD
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,423.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99499
-------------------------------------------------------------------
0 0007764152 MORTGAGORS: ALLEN DEANE
ALLEN DIANNE
REGION CODE ADDRESS : 1981 ELK DRIVE
01 CITY : EUGENE
STATE/ZIP : GA 97403
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 : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764160 MORTGAGORS: HARP JOHN
HARP JANET
REGION CODE ADDRESS : 4782 SOUTH WOODPOINTE
01 CITY : SPRINGFIELD
STATE/ZIP : MO 65810
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,206.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,298.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.77500
-------------------------------------------------------------------
0 0007764178 MORTGAGORS: DATEO MARY
DATEO CHRISTOPHER
REGION CODE ADDRESS : 1697 MONTALTO DRIVE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 339,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,981.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,344.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.28571
-------------------------------------------------------------------
0 0007764186 MORTGAGORS: KELJO THOMAS
KELJO CAROL
REGION CODE ADDRESS : 3806 SE 142ND COURT
01 CITY : VANCOUVER
STATE/ZIP : WA 98683
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,407.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,679.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,400.00
P & I AMT: 11,797.89
UPB AMT: 1,701,302.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 133
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764194 MORTGAGORS: MAY MICHAEL
MAY MARY
REGION CODE ADDRESS : 4198 REMILLARD COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 391,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,357.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,601.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 44.43181
-------------------------------------------------------------------
0 0007764202 MORTGAGORS: KERSEY JAMES
KERSEY CARRI
REGION CODE ADDRESS : 168 LOST CREEK DRIVE
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 391,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 390,617.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,735.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764210 MORTGAGORS: MARK DOUGLAS
MARK ROBBIN
REGION CODE ADDRESS : 1420 ROSEMONT ROAD
01 CITY : WEST LINN
STATE/ZIP : OR 97068
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,375.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007764228 MORTGAGORS: REICHER MARC
JUERGENS JANET
REGION CODE ADDRESS : 735 PINE VIEW COURT
01 CITY : EUGENE
STATE/ZIP : OR 97405
MORTGAGE AMOUNT : 399,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,174.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,727.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99199
-------------------------------------------------------------------
0 0007764236 MORTGAGORS: THOMPSON THOMAS
THOMPSON JANET
REGION CODE ADDRESS : 19151 OLD VINEYARD ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,383.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,790.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,985,000.00
P & I AMT: 13,576.24
UPB AMT: 1,981,907.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 134
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764244 MORTGAGORS: MATTHEWS MARC
MATTHEWS JULIE
REGION CODE ADDRESS : 1404 CROWELL ROAD
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,713.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,459.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764251 MORTGAGORS: LAU PETER
LAU CHRISTINE
REGION CODE ADDRESS : 22364 SALEM AVENUE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 529,170.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,615.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.38297
-------------------------------------------------------------------
0 0007764269 MORTGAGORS: KUGLER MITCHEL
KUGLER CHRIS
REGION CODE ADDRESS : 6102 DORY LANDING COURT
01 CITY : BURKE
STATE/ZIP : VA 22015
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,215.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.61210
-------------------------------------------------------------------
0 0007764277 MORTGAGORS: ZWADIUK OLEH
ZWADIUK VERA
REGION CODE ADDRESS : 11108 COROBON LANE
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,206.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.65168
-------------------------------------------------------------------
0 0007764285 MORTGAGORS: CROW BRIAN
CROW LINDA
REGION CODE ADDRESS : 14260 STONE CHASE WAY
01 CITY : CENTREVILLE
STATE/ZIP : VA 20121
MORTGAGE AMOUNT : 247,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,271.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,628.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99354
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,896,900.00
P & I AMT: 12,701.53
UPB AMT: 1,891,578.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 135
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764293 MORTGAGORS: O'GRODNICK JOHN
O'GRODNICK LORI
REGION CODE ADDRESS : 1309 RAMPART RANGE ROAD
01 CITY : WOODLAND PARK
STATE/ZIP : CO 80863
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764301 MORTGAGORS: HERRLING MARK
HERRLING SHEILA
REGION CODE ADDRESS : 1915 INGLEWOOD STREET NORTH
01 CITY : ARLINGTON
STATE/ZIP : VA 22205
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764319 MORTGAGORS: MCAREE GERALD
MCAREE LAURA
REGION CODE ADDRESS : 11007 LAMPLIGHTER LANE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 277,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,846.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.40000
-------------------------------------------------------------------
0 0007764327 MORTGAGORS: BOYLE LESLIE
BOYLE SANDRA
REGION CODE ADDRESS : 1019 LINDGREN BOULEVARD
01 CITY : SANIBEL
STATE/ZIP : FL 33957
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,574.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.61477
-------------------------------------------------------------------
0 0007764335 MORTGAGORS: GOEBEL RICHARD
GOEBEL DARLENE
REGION CODE ADDRESS : 636 CYPRESS POINT DRIVE
01 CITY : SEVERNA PARK
STATE/ZIP : MD 21146
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,688.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 87.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,378,400.00
P & I AMT: 9,469.05
UPB AMT: 1,375,247.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 136
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764343 MORTGAGORS: ELEGANT JEFFREY
ELEGANT JANET
REGION CODE ADDRESS : 1212 FOX TRAIL CT
01 CITY : NAPERVILLE
STATE/ZIP : IL 60540
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,008.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.40000
-------------------------------------------------------------------
0 0007764350 MORTGAGORS: FISHER DONALD
REGION CODE ADDRESS : 36 SEA HIBISCUS COURT
01 CITY : CAPTIVA ISLAND
STATE/ZIP : FL 33924
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764368 MORTGAGORS: GARDINER NEIL
GARDINER DIANE
REGION CODE ADDRESS : 2 PERRY STREET
01 CITY : PEAPACK
STATE/ZIP : NJ 07977
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,414.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,368.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764376 MORTGAGORS: MARTINEZ HERMINIA
REGION CODE ADDRESS : 9 PELICANS WAY NORTH
01 CITY : BETHANY BEACH
STATE/ZIP : DE 19930
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,280.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.95400
-------------------------------------------------------------------
0 0007764384 MORTGAGORS: SESSA JANE
HAWKINS STEVEN
REGION CODE ADDRESS : 643 S. 21ST STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22202
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,377.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,683.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,714,750.00
P & I AMT: 11,687.19
UPB AMT: 1,711,561.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 137
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764392 MORTGAGORS: GIULIANO MAE
GIULIANO JONATHAN
REGION CODE ADDRESS : 8107 MADRILLON COURT
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,557.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,542.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764400 MORTGAGORS: GILLINGHAM STEVEN
FARRIS SUSAN
REGION CODE ADDRESS : 8215 SILVERLINE DRIVE
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,984.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764418 MORTGAGORS: KENNEDY C.
KENNEDY MARY
REGION CODE ADDRESS : 156 GOLFVIEW ROAD
02 CITY : ARDMORE
STATE/ZIP : PA 19003
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,205.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764426 MORTGAGORS: SHABSHAB SAMIR
SHABSHAB CONSTANCE
REGION CODE ADDRESS : 1425 MAYHURST BOULEVARD
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 610,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 609,071.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,110.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.02200
-------------------------------------------------------------------
0 0007764566 MORTGAGORS: KHALILI ELIAS
YEROUSHALMI SORAYA
REGION CODE ADDRESS : 468 SOUTH WILLAMAN DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,336.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.11800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,843,250.00
P & I AMT: 12,384.67
UPB AMT: 1,839,155.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 138
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764574 MORTGAGORS: MALINBAUM REID
MALINBAUM LORI
REGION CODE ADDRESS : 1701 PIERCE STREET
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,787.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,723.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.10600
-------------------------------------------------------------------
0 0007764582 MORTGAGORS: BLACK JODY
RUNYON CHAD
REGION CODE ADDRESS : 1155 RIVER ROCK LANE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,808.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007764590 MORTGAGORS: MAREN JOSEPH
MAREN SYLVIA
REGION CODE ADDRESS : 103 SOUTH DEVINNEY STREET
01 CITY : GOLDEN
STATE/ZIP : CO 80401
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,483.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007764632 MORTGAGORS: PAGE RICHARD
PAGE LINDA
REGION CODE ADDRESS : 5783 OWL LIGHT TERRACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,752.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0007764657 MORTGAGORS: BAJWA PRABHJOT
MORI TOSHIKO
REGION CODE ADDRESS : 15193 ORION RD
01 CITY : SAN LEANDRO
STATE/ZIP : CA 94579
MORTGAGE AMOUNT : 309,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,533.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 86.10300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,475,800.00
P & I AMT: 9,968.86
UPB AMT: 1,474,365.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 139
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764673 MORTGAGORS: PRUNEDA CESAR
H-DE-PRUNEDA JEAN
REGION CODE ADDRESS : 2125 ZINFANDEL COURT
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 576,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 575,561.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,978.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764699 MORTGAGORS: RIPPON WILLIAM
RIPPON DARLENE
REGION CODE ADDRESS : 15000 GUADALUPE DRIVE
01 CITY : RANCHO MURIETTA
STATE/ZIP : CA 95683
MORTGAGE AMOUNT : 396,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,474.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,639.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.36000
-------------------------------------------------------------------
0 0007764715 MORTGAGORS: KUESTER KURT
HAGERTY JOYCE
REGION CODE ADDRESS : 1707 NORTH PALMER LANE
01 CITY : EAGLE
STATE/ZIP : ID 83616
MORTGAGE AMOUNT : 232,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,627.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,627.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764723 MORTGAGORS: MARTIN DONALD
MARTIN FRANCES
REGION CODE ADDRESS : 106 LAS FLORES AVENUE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,802.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.92900
-------------------------------------------------------------------
0 0007764749 MORTGAGORS: OTTATI MICHAEL
OTTATI JULIE
REGION CODE ADDRESS : 7005 MOLLUK WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 241,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,651.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,609.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,713,450.00
P & I AMT: 11,714.92
UPB AMT: 1,712,118.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 140
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764756 MORTGAGORS: WHITE BARBARA
REGION CODE ADDRESS : 604 SEA BREEZE DRIVE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,769.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,799.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.65400
-------------------------------------------------------------------
0 0007764772 MORTGAGORS: TAYLOR FRED
TAYLOR ANNETTE
REGION CODE ADDRESS : 10 TUNIS
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 516,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 515,587.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,476.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764814 MORTGAGORS: HALO DOUGLAS
HALO KATHLEEN
REGION CODE ADDRESS : 3809 WASHINGTON WOODS DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22309
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,588.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,601.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764830 MORTGAGORS: TSUEI DAY
TSUEI SHARON
REGION CODE ADDRESS : 1150 HELEN DRIVE
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.33500
-------------------------------------------------------------------
0 0007764848 MORTGAGORS: JACOBSON JAMES
REGION CODE ADDRESS : 3007 VISTA LINDA LANE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93108
MORTGAGE AMOUNT : 792,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 791,382.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,402.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 33.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,390,000.00
P & I AMT: 16,120.50
UPB AMT: 2,388,092.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 141
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764863 MORTGAGORS: ROSENSTIEL PAUL
MASAOKA JANIS
REGION CODE ADDRESS : 5255 WEST DRY CREEK ROAD
01 CITY : HEALDSBURG
STATE/ZIP : CA 95448
MORTGAGE AMOUNT : 403,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,661.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,647.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.27200
-------------------------------------------------------------------
0 0007764871 MORTGAGORS: DIXON MATTHEW
DIXON VENESSA
REGION CODE ADDRESS : 510 MCCALL DRIVE
01 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,798.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.92900
-------------------------------------------------------------------
0 0007764889 MORTGAGORS: PENFOLD MELINDA
REGION CODE ADDRESS : 9467 THUNDERBIRD PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.01200
-------------------------------------------------------------------
0 0007764897 MORTGAGORS: SAUL PILAR
REGION CODE ADDRESS : 116 MORTON DRIVE
01 CITY : DALY CITY
STATE/ZIP : CA 94015
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,808.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.56200
-------------------------------------------------------------------
0 0007764905 MORTGAGORS: GOODMAN RICHARD
GOODMAN DEBORAH
REGION CODE ADDRESS : 15018 159TH AVENUE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,524,000.00
P & I AMT: 10,199.82
UPB AMT: 1,522,764.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 142
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764913 MORTGAGORS: SCHWARTZ GARY
BRANDON KRISTINA
REGION CODE ADDRESS : 46005 SOUTHEAST 134TH STREET
01 CITY : NORTH BEND
STATE/ZIP : WA 98045
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,701.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,707.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764947 MORTGAGORS: MCCOMBS DAVID
MCCOMBS ELIZABETH
REGION CODE ADDRESS : 32 PARKCREST
01 CITY : IRVINE
STATE/ZIP : CA 92620
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764954 MORTGAGORS: SALADINO MARK
HART RICHARD
REGION CODE ADDRESS : 102 NORTH LAUREL AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,684.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,470.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007764962 MORTGAGORS: LOCACCIATO ANTHONY
LOCACCIATO DIANE
REGION CODE ADDRESS : 49 EAST BOULDER CREEK ROAD
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 276,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,489.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0007764970 MORTGAGORS: SROUR STEVEN
REGION CODE ADDRESS : 4925 BILOXI AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91601
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,470.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,714,700.00
P & I AMT: 11,602.51
UPB AMT: 1,713,073.52
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 143
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007764988 MORTGAGORS: FREDERICK BRADLEY
REGION CODE ADDRESS : 3334 1/2 BONNIE HILL DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,692.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 59.52300
-------------------------------------------------------------------
0 0007764996 MORTGAGORS: STAFFON GREGORY
STAFFON MICHELLE
REGION CODE ADDRESS : 2510 DEER VALLEY DRIVE EAST
01 CITY : PARK CITY
STATE/ZIP : UT 84060
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.93400
-------------------------------------------------------------------
0 0007765001 MORTGAGORS: HALE WILLIAM
LAMB BARBARA
REGION CODE ADDRESS : 1239 TRIESTE DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,711.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,253.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.76700
-------------------------------------------------------------------
0 0007765043 MORTGAGORS: TYLER JOHN
TYLER SUZANNE
REGION CODE ADDRESS : 41 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 260,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,002.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.97700
-------------------------------------------------------------------
0 0007765068 MORTGAGORS: VANDE WYDEVEN MATHEW
VANDE WYDEVEN JENNIFER
REGION CODE ADDRESS : 33 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 255,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,605.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.91800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,000.00
P & I AMT: 10,333.20
UPB AMT: 1,532,530.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 144
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765076 MORTGAGORS: MANCINI PATTI
REGION CODE ADDRESS : 6235 GREENBRIER DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 372,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,194.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,478.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.33000
-------------------------------------------------------------------
0 0007765092 MORTGAGORS: BASSIRI KOROUSH
REGION CODE ADDRESS : 42 CORAL REEF
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,517.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,544.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 65.32600
-------------------------------------------------------------------
0 0007765100 MORTGAGORS: GRUENN HANS
GRUENN ANNIKA
REGION CODE ADDRESS : 3400 INGLEWOOD BOULEVARD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,738.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,043.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.54500
-------------------------------------------------------------------
0 0007765118 MORTGAGORS: LIMON MICHAEL
LIMON CYNTHIA
REGION CODE ADDRESS : 1325 PASEO DORADO
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,801.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765126 MORTGAGORS: EASLAND KRE
EASLAND NANCI
REGION CODE ADDRESS : 4838 CRESTLAND DRIVE
01 CITY : LA MESA
STATE/ZIP : CA 91941
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.02500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,866,500.00
P & I AMT: 12,633.12
UPB AMT: 1,865,019.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 145
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765134 MORTGAGORS: TOBIAS THOMAS
TOBIAS CAROLYN
REGION CODE ADDRESS : 4034 BERWICK COURT
01 CITY : CYPRESS
STATE/ZIP : CA 90630
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765183 MORTGAGORS: DERBYSHIRE GLENNA
DERBYSHIRE GARY
REGION CODE ADDRESS : 1244 WEST EDGEWATER DRIVE
01 CITY : GILBERT
STATE/ZIP : AZ 85233
MORTGAGE AMOUNT : 258,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,398.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,764.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.57100
-------------------------------------------------------------------
0 0007765233 MORTGAGORS: KAHAN DOLORES
REGION CODE ADDRESS : 38 HILLCREST ROAD
01 CITY : WESTON
STATE/ZIP : MA 02493
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,597.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,083.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0007765241 MORTGAGORS: ROSE DONALD
REGION CODE ADDRESS : 342 PROSPECT AVENUE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.50000
-------------------------------------------------------------------
0 0007765258 MORTGAGORS: FAUST JOSEPH
FAUST AMY
REGION CODE ADDRESS : 52 SOUTH 15TH STREET
01 CITY : SAN JOSE
STATE/ZIP : CA 95112
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,650,600.00
P & I AMT: 11,292.00
UPB AMT: 1,649,316.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 146
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765266 MORTGAGORS: MORRISON DENNIS
DEVRIES MARY
REGION CODE ADDRESS : 142 OXFORD WAY
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,700.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,257.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765274 MORTGAGORS: WREN KEVIN
WREN SUSAN
REGION CODE ADDRESS : 710 LA CROSSE DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,800.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765290 MORTGAGORS: HUBERT MICHAEL
HUBERT LIZETTE
REGION CODE ADDRESS : 6318 WINDROW COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 431,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,637.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.05000
-------------------------------------------------------------------
0 0007765308 MORTGAGORS: VON BOENISCH WERNER
MERCURIO PAULA
REGION CODE ADDRESS : 919 DIABLO DOWNS DRIVE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,728.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,758.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 62.60100
-------------------------------------------------------------------
0 0007765316 MORTGAGORS: JORDAN HILARY
REGION CODE ADDRESS : 380 HATCHER COURT
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 506,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 505,824.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,325.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,960,250.00
P & I AMT: 13,275.07
UPB AMT: 1,958,691.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 147
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765324 MORTGAGORS: MARLAN GREGORY
BURLESON BRIAN
REGION CODE ADDRESS : 9495 PORTOBELO DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,281.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,644.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.51300
-------------------------------------------------------------------
0 0007765340 MORTGAGORS: KINSEY ELEANOR
REGION CODE ADDRESS : 27096 BELFAST LANE
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,823.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765357 MORTGAGORS: SHALER THOMAS
OH HYECHUNG
REGION CODE ADDRESS : 3910 SPRINGFIELD COMMON
01 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 333,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,076.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007765365 MORTGAGORS: MULLAN DANIEL
REGION CODE ADDRESS : 630-632 CENTRAL AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.33300
-------------------------------------------------------------------
0 0007765373 MORTGAGORS: SERCHIA PETER
SERCHIA LYNN
REGION CODE ADDRESS : 50 PARK DRIVE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94960
MORTGAGE AMOUNT : 273,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,800.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.86300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,424,100.00
P & I AMT: 9,535.92
UPB AMT: 1,422,456.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 148
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765399 MORTGAGORS: STOBBA JOHN
STOBBA SUSAN
REGION CODE ADDRESS : 8798 BARNETT VALLEY ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765407 MORTGAGORS: CAULDER TREVOR
CAULDER GENTRY
REGION CODE ADDRESS : 2361 WALNUT GROVE AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765415 MORTGAGORS: MARSHALL ANDREW
MARSHALL SANDRA
REGION CODE ADDRESS : 28656 VIA REGGIO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,694.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007765423 MORTGAGORS: FOGG RICHARD
FOGG CAROLYN
REGION CODE ADDRESS : 291 WEST 1ST STREET
01 CITY : SONOMA
STATE/ZIP : CA 95476
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.66600
-------------------------------------------------------------------
0 0007765449 MORTGAGORS: MIRANDA JOSE
MIRANDA LINDA
REGION CODE ADDRESS : 5534 CARRIAGE LANE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95403
MORTGAGE AMOUNT : 281,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,030.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,918.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,402,150.00
P & I AMT: 9,531.42
UPB AMT: 1,401,047.61
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 149
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765480 MORTGAGORS: HOBAN SHAWN
HOBAN KATHLEEN
REGION CODE ADDRESS : 500 LAUREL DRIVE
01 CITY : EVERETT
STATE/ZIP : WA 98201
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,772.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765514 MORTGAGORS: SCHEFFER EDWARD
SCHEFFER ERIN
REGION CODE ADDRESS : 11110 MARINE DRIVE
01 CITY : ANACORTES
STATE/ZIP : WA 98221
MORTGAGE AMOUNT : 555,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 554,598.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,928.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007765571 MORTGAGORS: MIYAZAKI MACK
MIYAZAKI SACHIKO
REGION CODE ADDRESS : 25865 NIMES COURT
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,578.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.41100
-------------------------------------------------------------------
0 0007765597 MORTGAGORS: WOLFSON ROBERT
WOLFSON MARTHA
REGION CODE ADDRESS : 2502 LYNN WAY
01 CITY : VISTA
STATE/ZIP : CA 92083
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,785.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765605 MORTGAGORS: DEITZ RICHARD
DEITZ MICHELLE
REGION CODE ADDRESS : 3621 PLUMOSA DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,755,000.00
P & I AMT: 11,930.12
UPB AMT: 1,753,407.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 150
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765639 MORTGAGORS: ROLAND G.
ROLAND MELINDA
REGION CODE ADDRESS : 17 NORTH LANE
01 CITY : DEL MAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,467.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.71200
-------------------------------------------------------------------
0 0007765662 MORTGAGORS: BZOWSKI BOGDAN
BZOWSKI MARGARET
REGION CODE ADDRESS : 27742 FALLEN LEAF COURT
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,848.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.58 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765688 MORTGAGORS: BAINS MAJOR
BAINS REEMA
REGION CODE ADDRESS : 15 CONNICK COURT
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 437,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,599.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,950.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007765696 MORTGAGORS: HOUSTON DANIEL
REGION CODE ADDRESS : 435 TIE GULCH ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 461,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,631.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,105.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.92300
-------------------------------------------------------------------
0 0007765704 MORTGAGORS: DAWSON GEORGE
DAWSON ROSALBA
REGION CODE ADDRESS : 20890 COMANCHE TRAIL
01 CITY : LOS GATOS
STATE/ZIP : CA 95033
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,664.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,915.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,080,850.00
P & I AMT: 14,150.85
UPB AMT: 2,079,210.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 151
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765712 MORTGAGORS: HERRERA JUAN
HERRERA ANNA
REGION CODE ADDRESS : 16740 DRY CREEK COURT
01 CITY : M0RGAN HILL
STATE/ZIP : CA 95037
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765720 MORTGAGORS: PEREZ ARMANDO
PEREZ MARLENE
REGION CODE ADDRESS : 132 EL PORTAL PLACE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,963.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,231.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765738 MORTGAGORS: HOLMES WILLIAM
HOLMES MARY
REGION CODE ADDRESS : 2825 TETON PINES DRIVE
01 CITY : JACKSON
STATE/ZIP : WY 83001
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,814.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 25.00000
-------------------------------------------------------------------
0 0007765746 MORTGAGORS: FELY-DIAZ GENEVIEVE
REGION CODE ADDRESS : 17616 BELLETTO DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.62900
-------------------------------------------------------------------
0 0007765753 MORTGAGORS: RYDER THOMAS
SHANNON KAREN
REGION CODE ADDRESS : 100 SPRING STREET
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 504,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 503,596.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,395.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.51700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,767,200.00
P & I AMT: 12,191.30
UPB AMT: 1,765,851.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 152
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765761 MORTGAGORS: KIEGELIS JOHN
KIEGELIS MARY
REGION CODE ADDRESS : 108 SUNSET TERRACE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 298,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,761.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.38300
-------------------------------------------------------------------
0 0007765811 MORTGAGORS: WISE EDWARD
WISE SANDRA
REGION CODE ADDRESS : 6421 LAKE MEADOW DRIVE
01 CITY : BURKE
STATE/ZIP : VA 22015
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765829 MORTGAGORS: SIN JONGHOON
REGION CODE ADDRESS : 24771 WOODHILL LANE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 239,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,013.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,631.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765845 MORTGAGORS: MCINTIRE JON
REGION CODE ADDRESS : 1378 MORNINGSIDE DRIVE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 544,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 543,634.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.68 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765860 MORTGAGORS: GASKILL LINDA
REGION CODE ADDRESS : 17852 ARBOLADA WAY
01 CITY : TUSTIN
STATE/ZIP : CA 92780
MORTGAGE AMOUNT : 227,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,022.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,720,400.00
P & I AMT: 11,887.58
UPB AMT: 1,719,086.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 153
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765878 MORTGAGORS: FRIEDLY MARK
FRIEDLY RHONDA
REGION CODE ADDRESS : 8672 CHARFORD DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 319,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,280.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,316.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007765886 MORTGAGORS: GHOLSON MICHAEL
GHOLSON KAREN
REGION CODE ADDRESS : 11510 SUN RAY COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,299.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.84200
-------------------------------------------------------------------
0 0007765910 MORTGAGORS: BECK JAMES
BECK HEATHER
REGION CODE ADDRESS : 11 OLD FRIENDSHIP LANE
02 CITY : DAWSONVILLE
STATE/ZIP : GA 30534
MORTGAGE AMOUNT : 268,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,229.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007765936 MORTGAGORS: DOTY MARY
REGION CODE ADDRESS : 3640 RIVER FERRY DRIVE
02 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,070.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.21600
-------------------------------------------------------------------
0 0007765944 MORTGAGORS: BOWEN MARGARET
BOWEN JIMMY
REGION CODE ADDRESS : 280 NIMBLECREEK COURT
02 CITY : LILBURN
STATE/ZIP : GA 30047
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,051.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,219.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,445,750.00
P & I AMT: 9,920.70
UPB AMT: 1,443,932.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 154
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007765951 MORTGAGORS: ULLMAN S.
REGION CODE ADDRESS : 4090 BRIXHAM WAY
02 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 304,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,049.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.36300
-------------------------------------------------------------------
0 0007765969 MORTGAGORS: CADET MCARTHUR
WASHINGTON DENINE
REGION CODE ADDRESS : 325 HEATH WAY
02 CITY : FAYETTE
STATE/ZIP : GA 30214
MORTGAGE AMOUNT : 275,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,808.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99400
-------------------------------------------------------------------
0 0007765977 MORTGAGORS: LEDFORD CHRISTOPHER
LEDFORD THERESA
REGION CODE ADDRESS : 2650 MORNINGSIDE TRAIL
02 CITY : KENNESAW
STATE/ZIP : GA 30144
MORTGAGE AMOUNT : 266,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,662.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765985 MORTGAGORS: PURINTON ANDREW
PURINTON CATHERINE
REGION CODE ADDRESS : 1200 LEXHAM DRIVE
02 CITY : MARIETTA
STATE/ZIP : GA 30062
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007765993 MORTGAGORS: TAYLOR PHILIP
PATEL MALA
REGION CODE ADDRESS : 605 NEWHAVEN DRIVE
02 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 251,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,495.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,447,800.00
P & I AMT: 9,676.63
UPB AMT: 1,445,440.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 155
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766009 MORTGAGORS: DUHON MARY
REGION CODE ADDRESS : 2 WESTMINSTER CLOSE
02 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,455.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,373.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766017 MORTGAGORS: NAHAI FARHAD
REGION CODE ADDRESS : 3526 GREENWOOD CLOSE
02 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,262.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,099.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.80300
-------------------------------------------------------------------
0 0007766025 MORTGAGORS: MCINTOSH BETTY
REGION CODE ADDRESS : 775 ST. CHARLES AVENUE
02 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,189.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766033 MORTGAGORS: LEWIS DAWN
LEWIS LAWRENCE
REGION CODE ADDRESS : 4220 PARK BROOKE TRACE
02 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 261,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,070.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.91100
-------------------------------------------------------------------
0 0007766041 MORTGAGORS: COATES STEVE
COATES MARIANNE
REGION CODE ADDRESS : 13501 NORTH MANZANITA LANE
02 CITY : FOUNTAIN HILLS
STATE/ZIP : AZ 85268
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,149.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,132.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.90600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,624,100.00
P & I AMT: 11,006.07
UPB AMT: 1,620,126.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 156
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766058 MORTGAGORS: KUNEY MAX
KUNEY CHERYL
REGION CODE ADDRESS : 1201 WEST MARINA DRIVE
01 CITY : CHANDLER
STATE/ZIP : AZ 85248
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,850.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,111.17 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766066 MORTGAGORS: KLASSEN LARRY
KLASSEN NICOLE
REGION CODE ADDRESS : 9175 EAST MOUNTAIN SPRINGS ROAD
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.75800
-------------------------------------------------------------------
0 0007766074 MORTGAGORS: MCELLIGOTT MICHAEL
FUCHS-MCELLIGOTT CHERIE
REGION CODE ADDRESS : 2500 CASMAR STREET
02 CITY : VIENNA
STATE/ZIP : VA 22180
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,541.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007766082 MORTGAGORS: LOPAS JAMES
DEFURIO-LOPAS KATHLEEN
REGION CODE ADDRESS : 12453 EARLY ROAD
02 CITY : KNOXVILLE
STATE/ZIP : TN 37922
MORTGAGE AMOUNT : 230,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 230,520.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,536.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.12200
-------------------------------------------------------------------
0 0007766090 MORTGAGORS: OKVATH JOHN
REGION CODE ADDRESS : 12742 TANGLEWOOD DRIVE
02 CITY : KNOXVILLE
STATE/ZIP : TN 37922
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,490.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.54300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,645,150.00
P & I AMT: 11,398.06
UPB AMT: 1,640,776.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 157
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766116 MORTGAGORS: SANDERS ROBERT
SANDERS GLORIA
REGION CODE ADDRESS : 19455 FAIRLANE COURT
02 CITY : LIVONIA
STATE/ZIP : MI 48152
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,629.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.73700
-------------------------------------------------------------------
0 0007766124 MORTGAGORS: TROUT DAVID
TROUT KATHLEEN
REGION CODE ADDRESS : 14231 SOUTH 32ND PLACE
02 CITY : PHOENIX
STATE/ZIP : AZ 85044
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,519.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,942.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766140 MORTGAGORS: SIKMA ROBERT
SIKMA IRMA
REGION CODE ADDRESS : 21801 N.E. 20TH WAY
02 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,409.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766157 MORTGAGORS: FRANKS JOHNNY
FRANKS ALLISON
REGION CODE ADDRESS : 613 BLACK HORSE PARKWAY
02 CITY : FRANKLIN
STATE/ZIP : TN 37069
MORTGAGE AMOUNT : 275,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,058.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.89500
-------------------------------------------------------------------
0 0007766165 MORTGAGORS: SMITH CRAIG
SMITH MARY
REGION CODE ADDRESS : 880 CHANNING CIRCLE
02 CITY : BENICIA
STATE/ZIP : CA 94510
MORTGAGE AMOUNT : 239,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,215.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,412,100.00
P & I AMT: 9,509.07
UPB AMT: 1,409,832.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 158
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766181 MORTGAGORS: NORTH STEVEN
NORTH LANETTE
REGION CODE ADDRESS : 6908 SOUTH RIVIERA STREET
02 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 243,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,409.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99700
-------------------------------------------------------------------
0 0007766199 MORTGAGORS: KANODE JEFFREY
KANODE TRACY
REGION CODE ADDRESS : 7176 TIMBERS DRIVE
02 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,273.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,165.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766215 MORTGAGORS: GIBSON GREGORY
GIBSON DIANA
REGION CODE ADDRESS : 114 BRADWYCK DRIVE
02 CITY : RALEIGH
STATE/ZIP : NC 27513
MORTGAGE AMOUNT : 241,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,763.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,624.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.99996
-------------------------------------------------------------------
0 0007766223 MORTGAGORS: HOUK JOHN
HOUK LINDA
REGION CODE ADDRESS : 913 TARPON DRIVE
02 CITY : WILMINGTON
STATE/ZIP : NC 28409
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,379.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766231 MORTGAGORS: MALLARD TIMOTHY
MALLARD DONNA
REGION CODE ADDRESS : 5305 MANDRAKE COURT
02 CITY : RALEIGH
STATE/ZIP : NC 27613
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,218.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.35200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,750.00
P & I AMT: 10,971.63
UPB AMT: 1,621,045.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 159
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766249 MORTGAGORS: KOLK STEPHEN
KOLK GERTRUDE
REGION CODE ADDRESS : 18027 25TH AVENUE NORTHEAST
02 CITY : SHORELINE
STATE/ZIP : WA 98155
MORTGAGE AMOUNT : 236,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,085.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,590.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0007766256 MORTGAGORS: MC GUIRE ANN
ATHERTON MATTHEW
REGION CODE ADDRESS : 911 NORTH 72ND STREET
02 CITY : SEATTLE
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 256,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,517.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99000
-------------------------------------------------------------------
0 0007766264 MORTGAGORS: SMITH JOHN
SMITH TRACY
REGION CODE ADDRESS : 23209 84TH AVENUE WEST
01 CITY : EDMONDS
STATE/ZIP : WA 98026
MORTGAGE AMOUNT : 235,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,240.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,627.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007766280 MORTGAGORS: GOLDEN KEITH
REGION CODE ADDRESS : 2919 93RD AVENUE EAST
01 CITY : EDGEWOOD
STATE/ZIP : WA 98371
MORTGAGE AMOUNT : 245,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,655.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007766298 MORTGAGORS: GALLO KEVIN
GALLO JESSICA
REGION CODE ADDRESS : 19235 222ND WAY N.E.
02 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 375,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,361.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,564.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,349,800.00
P & I AMT: 9,122.49
UPB AMT: 1,346,860.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 160
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766306 MORTGAGORS: LIVENGOOD GREGORY
REGION CODE ADDRESS : 37 EUCALYPTUS KNOLL
02 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 343,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,371.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,312.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766314 MORTGAGORS: CARPENTER FRED
CARPENTER GLENDA
REGION CODE ADDRESS : 3997 EL LADO DRIVE
02 CITY : GLENDALE
STATE/ZIP : CA 91214
MORTGAGE AMOUNT : 449,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,252.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,143.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766322 MORTGAGORS: THAYNE PAUL
THAYNE JUDI
REGION CODE ADDRESS : 1442 INWOOD COURT
02 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 250,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,117.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.90900
-------------------------------------------------------------------
0 0007766330 MORTGAGORS: PFEUFFER JOSEPH
REGION CODE ADDRESS : 3173 WESTMONT DRIVE
02 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,769.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007766348 MORTGAGORS: HOWELL MILDRED
FAUST WARNER
REGION CODE ADDRESS : 7005 IVORY
02 CITY : PLANO
STATE/ZIP : TX 75024
MORTGAGE AMOUNT : 233,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,334.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,594.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,576,250.00
P & I AMT: 10,860.86
UPB AMT: 1,572,846.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 161
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766355 MORTGAGORS: ASPINWALL ROBERT
ASPINWALL CADY
REGION CODE ADDRESS : 624 MONACO PARKWAY
02 CITY : DENVER
STATE/ZIP : CO 80220
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,004.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766363 MORTGAGORS: FARR STEPHEN
FARR DIANA
REGION CODE ADDRESS : 4529 ROYAL LANE
02 CITY : DALLAS
STATE/ZIP : TX 75229
MORTGAGE AMOUNT : 340,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,667.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.62100
-------------------------------------------------------------------
0 0007766371 MORTGAGORS: DUNNET LISA
REGION CODE ADDRESS : 6701 EAST BLUEBIRD LANE
02 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 474,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 473,276.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,273.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.78100
-------------------------------------------------------------------
0 0007766389 MORTGAGORS: GIL ELLEN
GIL ERIC
REGION CODE ADDRESS : 2863 ESTATES DRIVE
02 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,593.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766397 MORTGAGORS: LATHAM PETER
LATHAM ELIZABETH
REGION CODE ADDRESS : 35644 RAINLEAF COURT
02 CITY : ELIZABETH
STATE/ZIP : CO 80107
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,369.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.11900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,658,000.00
P & I AMT: 11,286.93
UPB AMT: 1,654,911.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 162
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766405 MORTGAGORS: EDDLEMAN MATTHEW
EDDLEMAN MICHELLE
REGION CODE ADDRESS : 13121 NORTH LOGAN STREET
02 CITY : THORNTON
STATE/ZIP : CO 80241
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,588.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 83.33300
-------------------------------------------------------------------
0 0007766413 MORTGAGORS: JOLLEY DAVID
RUUD REBECCA
REGION CODE ADDRESS : 8424 SE 37TH STREET
02 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,491.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.28500
-------------------------------------------------------------------
0 0007766421 MORTGAGORS: CHARLTON GEOFFREY
CHARLTON MARCIA
REGION CODE ADDRESS : 16614 198TH AVENUE NE
02 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,541.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,153.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.62700
-------------------------------------------------------------------
0 0007766439 MORTGAGORS: MARVIN JOHN
MARVIN GLENDA
REGION CODE ADDRESS : 909 MARINE DR #109
02 CITY : BELLINGHAM
STATE/ZIP : WA 98225
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,629.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.10714
-------------------------------------------------------------------
0 0007766447 MORTGAGORS: MCKAY MATTHEW
MCKAY CECILIA
REGION CODE ADDRESS : 7750 EAST BRIDGEWOOD DRIVE
02 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,015.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,548,000.00
P & I AMT: 10,606.63
UPB AMT: 1,545,266.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 163
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766454 MORTGAGORS: CALLAWAY MICHAEL
CALLAWAY ANGELA
REGION CODE ADDRESS : 9421 SOUTH LARK SPARROW DRIVE
02 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,582.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766462 MORTGAGORS: HODNETT SUSAN
HODNETT CARY
REGION CODE ADDRESS : 38B AMBER COURT
02 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,611.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,570.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.13900
-------------------------------------------------------------------
0 0007766470 MORTGAGORS: SMITH CAL
REGION CODE ADDRESS : 1249 PINE AVENUE
02 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,627.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,748.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0007766488 MORTGAGORS: RIVERA NICANOR
RIVERA ISABEL
REGION CODE ADDRESS : 1120 BELTRAMI DRIVE
02 CITY : SAN JOSE
STATE/ZIP : CA 95127
MORTGAGE AMOUNT : 249,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,399.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,682.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
0 0007766496 MORTGAGORS: GARMAN DALE
QUINN SHARON
REGION CODE ADDRESS : 184 ECHO VALLEY ROAD
02 CITY : SALINAS
STATE/ZIP : CA 93907
MORTGAGE AMOUNT : 250,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,226.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,752.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,246,400.00
P & I AMT: 8,505.02
UPB AMT: 1,244,448.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 164
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766504 MORTGAGORS: BOGLE GLENN
BOGLE CLARE
REGION CODE ADDRESS : 6 AUBURN COURT
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,137.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,691.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.38100
-------------------------------------------------------------------
0 0007766512 MORTGAGORS: LAMBERT ARTHUR
LAMBERT CYNTHIA
REGION CODE ADDRESS : 4548 BELCLAIRE AVENUE
02 CITY : HIGHLAND PARK
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 278,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,785.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.20000
-------------------------------------------------------------------
0 0007766520 MORTGAGORS: SCHAEFER DANIEL
REGION CODE ADDRESS : 33910 NORTH 67TH STREET
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85262
MORTGAGE AMOUNT : 335,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,250.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,347.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 82.90100
-------------------------------------------------------------------
0 0007766546 MORTGAGORS: OZER JAN
JOHNSON BARBARA
REGION CODE ADDRESS : 3092 RHODENHAVEN DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 326,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,726.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,198.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007766561 MORTGAGORS: LANDAY JOHN
LANDAY MARGARET
REGION CODE ADDRESS : 9111 FONTEYN COURT
02 CITY : SANTEE
STATE/ZIP : CA 92071
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,583.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,622.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.67700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,572,200.00
P & I AMT: 10,805.45
UPB AMT: 1,569,483.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 165
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766579 MORTGAGORS: HAUSER ERNEST
HAUSER DANA
REGION CODE ADDRESS : 2188 CORTE LIMON
02 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 311,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,399.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99200
-------------------------------------------------------------------
0 0007766587 MORTGAGORS: ELLIOTT ROBERT
ELLIOTT LINDA
REGION CODE ADDRESS : 3219 159TH PLACE SOUTHEAST
01 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 313,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,263.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.24050
-------------------------------------------------------------------
0 0007766595 MORTGAGORS: WONG VICTOR
WYLEY CAROL
REGION CODE ADDRESS : 138 MELISSA CIRCLE
02 CITY : DALY CITY
STATE/ZIP : CA 94014
MORTGAGE AMOUNT : 269,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,506.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.96900
-------------------------------------------------------------------
0 0007766603 MORTGAGORS: PHO BIC
REGION CODE ADDRESS : 704 AZULE AVENUE
02 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,122.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007766611 MORTGAGORS: COOPER KEVIN
COOPER JUDITH
REGION CODE ADDRESS : 4474 QUEEN ANNE DRIVE
02 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,846.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,385,550.00
P & I AMT: 9,463.33
UPB AMT: 1,383,137.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 166
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766629 MORTGAGORS: HUERTA FRANCISCO
HUERTA HILDA
REGION CODE ADDRESS : 346 FONTANELLE DRIVE
02 CITY : SAN JOSE
STATE/ZIP : CA 95111
MORTGAGE AMOUNT : 255,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,150.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007766637 MORTGAGORS: RIPPERT EDWARD
RIPPERT MICHELLE
REGION CODE ADDRESS : 1123 DWYER AVENUE
02 CITY : SAN JOSE
STATE/ZIP : CA 95120
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766645 MORTGAGORS: GANDSEY THOMAS
GANDSEY REBECCA
REGION CODE ADDRESS : 1037 EL CAPITAN DRIVE
02 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,454.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.57600
-------------------------------------------------------------------
0 0007766652 MORTGAGORS: JAKABY J.
JAKABY NICOLE
REGION CODE ADDRESS : 13206 KEVIN STREET
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 356,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,678.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,400.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007766660 MORTGAGORS: JENSEN CHRISTIAN
JENSEN CATHERINE
REGION CODE ADDRESS : 10952 SWEET OAK STREET
02 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,585.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,507,800.00
P & I AMT: 10,184.48
UPB AMT: 1,505,393.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 167
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766686 MORTGAGORS: DUNN DAVID
DUNN LORIE
REGION CODE ADDRESS : 4514 PHYLLIS COURT
02 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 261,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,080.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,761.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.24200
-------------------------------------------------------------------
0 0007766694 MORTGAGORS: MONTGOMERY DENNIS
MONTGOMERY MICHELLE
REGION CODE ADDRESS : 210 BEL AYRE DRIVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 268,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,405.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.72289
-------------------------------------------------------------------
0 0007766702 MORTGAGORS: DAVIS ALAN
REGION CODE ADDRESS : 92 PATRICIA COURT
02 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94041
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,961.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,058.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.86100
-------------------------------------------------------------------
0 0007766710 MORTGAGORS: REFUERZO DAVE
KNIGHT JUDY
REGION CODE ADDRESS : 1034 FARRAGUT DRIVE
02 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,476.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,650.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 74.00000
-------------------------------------------------------------------
0 0007766728 MORTGAGORS: MORRISON RON
MORRISON LESLIE
REGION CODE ADDRESS : 2716 CALHOUN STREET
02 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,583.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.87900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,460,500.00
P & I AMT: 10,186.73
UPB AMT: 1,458,507.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 168
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766736 MORTGAGORS: AU YEUNG THOMAS
REGION CODE ADDRESS : 1652 CLOVERDALE LANE
02 CITY : SAN JOSE
STATE/ZIP : CA 95130
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,627.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766744 MORTGAGORS: PLATON RUBEN
PLATON MILDRED
REGION CODE ADDRESS : 3436 CASALINO COURT
02 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,627.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766769 MORTGAGORS: SPEARMAN MICHAEL
SPEARMAN MARIANE
REGION CODE ADDRESS : 2211 11TH AVENUE EAST
02 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,396.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,533.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766777 MORTGAGORS: BACKOUS DOUGLAS
BACKOUS JULIA
REGION CODE ADDRESS : 25713 NORTHEAST 10TH STREET
02 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,469.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766785 MORTGAGORS: SHEEN ROBERT
SHEEN SHANNON
REGION CODE ADDRESS : 10110 153RD ST
02 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,803.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,460,000.00
P & I AMT: 9,989.77
UPB AMT: 1,457,925.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 169
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766793 MORTGAGORS: EHLERS THOMAS
EHLERS LORENE
REGION CODE ADDRESS : 2005 265TH AVENUE SOUTHEAST
02 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 381,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,922.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,538.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0007766801 MORTGAGORS: HUIZINGA JACOB
HUIZINGA GRETCHEN
REGION CODE ADDRESS : 18404 148TH AVE NE
02 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,555.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766827 MORTGAGORS: LAU LINDA
PETERSEN ROBERT
REGION CODE ADDRESS : 1717 NORTHEAST 63RD STREET
02 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,438.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766835 MORTGAGORS: DINGER LAURA
DINGER PAUL
REGION CODE ADDRESS : 8217 127TH AVENUE SOUTHEAST
02 CITY : NEWCASTLE
STATE/ZIP : WA 98056
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,594.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.70100
-------------------------------------------------------------------
0 0007766843 MORTGAGORS: ALVARADO CARLOS
ALVARADO NATIE
REGION CODE ADDRESS : 525 SOUTH TRONA AVENUE
01 CITY : WEST COVINA
STATE/ZIP : CA 91791
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,532.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,592,550.00
P & I AMT: 10,835.53
UPB AMT: 1,590,043.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 170
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766850 MORTGAGORS: ALONSO DAVID
REGION CODE ADDRESS : 3124 TREESDALE COURT
02 CITY : NAPERVILLE
STATE/ZIP : IL 60564
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,291.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,204.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.83800
-------------------------------------------------------------------
0 0007766868 MORTGAGORS: KAPACINSKAS JOSEPH
KAPACINSKAS DANA
REGION CODE ADDRESS : 111 SOUTH MERRIVALE
02 CITY : BEVERLY SHORES
STATE/ZIP : IN 46301
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,426.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,691.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.56000
-------------------------------------------------------------------
0 0007766876 MORTGAGORS: WOODRUFF JOHN
WOODRUFF NATALIE
REGION CODE ADDRESS : 8423 REEL CREEK DRIVE
02 CITY : BROWNSBURG
STATE/ZIP : IN 46112
MORTGAGE AMOUNT : 296,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,058.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.42600
-------------------------------------------------------------------
0 0007766884 MORTGAGORS: YOUNG LAIRD
YOUNG JENNA
REGION CODE ADDRESS : 14785 PRISTINE DRIVE
02 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80921
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,491.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007766892 MORTGAGORS: MUND SCOTT
REGION CODE ADDRESS : 1316 SOUTH WASHINGTON STREET
02 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 260,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,338.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,669.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.85200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,708,300.00
P & I AMT: 11,623.77
UPB AMT: 1,705,606.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 171
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766900 MORTGAGORS: RICH ROBERT
RICH GLORIA
REGION CODE ADDRESS : 4626 WEST ARM ROAD
02 CITY : SPRING PARK
STATE/ZIP : MN 55384
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,389.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.20500
-------------------------------------------------------------------
0 0007766926 MORTGAGORS: KOSTE BYRON
KOSTE MARILYN
REGION CODE ADDRESS : 2222 WILLOW CREEK DRIVE
02 CITY : BOULDER
STATE/ZIP : CO 80301
MORTGAGE AMOUNT : 354,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,517.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 41.65800
-------------------------------------------------------------------
0 0007766934 MORTGAGORS: STRAUS ROBERT
STRAUS FRANCESCA
REGION CODE ADDRESS : 7661 SOUTH GRAPE STREET
02 CITY : LITTLETON
STATE/ZIP : CO 80122
MORTGAGE AMOUNT : 254,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,520.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,782.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.80200
-------------------------------------------------------------------
0 0007766942 MORTGAGORS: SULLIVAN TERRENCE
SULLIVAN DONNA
REGION CODE ADDRESS : 5435 EAST KNOLL PLACE
02 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,618.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.29400
-------------------------------------------------------------------
0 0007766959 MORTGAGORS: ANDERSON HAROLD
REGION CODE ADDRESS : 4109 VEGA LOOP
02 CITY : SHINGLE SPRING
STATE/ZIP : CA 95682
MORTGAGE AMOUNT : 322,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,907.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,226.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,597,400.00
P & I AMT: 11,021.65
UPB AMT: 1,594,954.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 172
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007766991 MORTGAGORS: DONAHUE BEVERLY
REGION CODE ADDRESS : 254 PROMENADE LANE
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.36900
-------------------------------------------------------------------
0 0007767007 MORTGAGORS: BATCHELOR MICHAEL
BATCHELOR EUGENIA
REGION CODE ADDRESS : 9748 SAGO POINT DRIVE
02 CITY : LARGO
STATE/ZIP : FL 33777
MORTGAGE AMOUNT : 263,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,276.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.38983
-------------------------------------------------------------------
0 0007767023 MORTGAGORS: JESTER JAMES
JESTER MAUREEN
REGION CODE ADDRESS : 3240 LOVERS LANE
02 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 365,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,428.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,489.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.00000
-------------------------------------------------------------------
0 0007767031 MORTGAGORS: RALL BRIAN
RALL STACEY
REGION CODE ADDRESS : 20215 N.E. 39TH STREET
02 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,629.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007767049 MORTGAGORS: HOWARD LINCOLN
HOWARD SARAH
REGION CODE ADDRESS : 22 PHILLIPS DRIVE
02 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,414.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,834.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/23
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.60200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,386,700.00
P & I AMT: 9,582.65
UPB AMT: 1,384,543.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 173
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767056 MORTGAGORS: MONAHAN JOHN
MONAHAN ELAINE
REGION CODE ADDRESS : 340 COTTSWOLD PLACE
02 CITY : RIVA
STATE/ZIP : MD 21140
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767064 MORTGAGORS: BENNETT RICHARD
BAXTER SANDRA
REGION CODE ADDRESS : 6226 MORI STREET
02 CITY : MCLEAN
STATE/ZIP : VA 22101
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.20700
-------------------------------------------------------------------
0 0007767072 MORTGAGORS: RIPLEY LINDA
KOVACH PAIGE
REGION CODE ADDRESS : 14804 SUGARLAND ROAD
02 CITY : POOLESVILLE
STATE/ZIP : MD 78978
MORTGAGE AMOUNT : 233,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,206.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,534.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767098 MORTGAGORS: STEELE RONALD
STEELE GLORIA
REGION CODE ADDRESS : 10733 BEECHNUT COURT
02 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,305.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.79100
-------------------------------------------------------------------
0 0007767106 MORTGAGORS: FARHI RAYMOND
TENSEN NILDA
REGION CODE ADDRESS : 342 BRIGHTWATER DRIVE
02 CITY : WHITE STONE
STATE/ZIP : VA 22578
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,534,600.00
P & I AMT: 10,266.93
UPB AMT: 1,532,097.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 174
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767114 MORTGAGORS: BRYAN KATHLEEN
REGION CODE ADDRESS : 832 PANORAMA ROAD
02 CITY : FULLERTON
STATE/ZIP : GA 92831
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,597.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.03200
-------------------------------------------------------------------
0 0007767122 MORTGAGORS: ADAMS RONALD
ADAMS ELLEN
REGION CODE ADDRESS : 2310 PACIFIC AVENUE
02 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,260.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.25400
-------------------------------------------------------------------
0 0007767130 MORTGAGORS: CLAYTON CARY
CLAYTON TAMIE
REGION CODE ADDRESS : 8 PASTORA
02 CITY : FOOTHILL RANCH (AREA)
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,562.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767148 MORTGAGORS: HECKMAN ROGER
HECKMAN MARILYN
REGION CODE ADDRESS : 26801 BRIDGETON
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,559.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767155 MORTGAGORS: DUGGER KENNETH
KENSLER MINDY
REGION CODE ADDRESS : 1717 LYNDON STREET
02 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 354,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,459.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,444.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,583,000.00
P & I AMT: 10,621.59
UPB AMT: 1,580,438.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 175
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767163 MORTGAGORS: GILMAN STEVEN
GILMAN DENITA
REGION CODE ADDRESS : 10309 NORTH ROWELL AVENUE
02 CITY : FRESNO
STATE/ZIP : CA 93720
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,538.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767171 MORTGAGORS: MILBERGER DENNIS
MILBERGER KELLY
REGION CODE ADDRESS : 2625 CALLE ONICE
02 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,620.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 68.00000
-------------------------------------------------------------------
0 0007767189 MORTGAGORS: URQUIDI MICHAEL
URQUIDI ORAL
REGION CODE ADDRESS : 27702 PASATIEMPO
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 239,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,524.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007767197 MORTGAGORS: BONES ELISEO
BONES LYNETTE
REGION CODE ADDRESS : 23955 WARSAW STREET
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,615.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767205 MORTGAGORS: MILLER TIMOTHY
CALDER-MILLER LORI
REGION CODE ADDRESS : 2237 NORTHWEST BIRKENDEN STREET
02 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 296,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,308.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.13300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,319,650.00
P & I AMT: 9,051.71
UPB AMT: 1,317,606.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 176
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767213 MORTGAGORS: URQUHART MURRAY
URQUHART CHERYL
REGION CODE ADDRESS : 4456 175TH PLACE S.E.
02 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,666.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.23000
-------------------------------------------------------------------
0 0007767221 MORTGAGORS: CRANDALL WILLIAM
CRANDALL LYNN
REGION CODE ADDRESS : 4713 SILVER BOW ROAD N.E.
02 CITY : TACOMA
STATE/ZIP : WA 98422
MORTGAGE AMOUNT : 236,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,138.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,633.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.54000
-------------------------------------------------------------------
0 0007767239 MORTGAGORS: RODRIGUEZ RUBEN
REGION CODE ADDRESS : 215 WINDSOR GATE COVE
02 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,342.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.60600
-------------------------------------------------------------------
0 0007767247 MORTGAGORS: SEEGER KENNETH
THOMSEN DEBORAH
REGION CODE ADDRESS : 615 BOXWOOD TERRACE
02 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767254 MORTGAGORS: YOUNG JAY
YOUNG LAURA
REGION CODE ADDRESS : 260 OLD IVY
02 CITY : FAYETTEVILLE
STATE/ZIP : GA 30215
MORTGAGE AMOUNT : 346,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,857.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,363.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,732,900.00
P & I AMT: 11,825.35
UPB AMT: 1,730,524.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 177
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767262 MORTGAGORS: BOYER VERNON
REGION CODE ADDRESS : 803 OAK TRAIL DRIVE
02 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,610.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.76900
-------------------------------------------------------------------
0 0007767270 MORTGAGORS: YOUNG LELA
YOUNG CHARLES
REGION CODE ADDRESS : 1330 BROOKHAVEN GARDENS LANE
02 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,961.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,772.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0007767296 MORTGAGORS: CLEVINGER THOMAS
CLEVINGER BECKY
REGION CODE ADDRESS : 4616 191ST PLACE NE
02 CITY : REDMOND
STATE/ZIP : WA 98053
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007767304 MORTGAGORS: BLAKEBOROUGH KEVIN
BLAKEBOROUGH JENNIFER
REGION CODE ADDRESS : 1524 AVENIDA LA POSTA
02 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,331.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767312 MORTGAGORS: ARMSTRONG ROBERT
ARMSTRONG JILL
REGION CODE ADDRESS : 5306 NORTH PAULINA
02 CITY : CHICAGO
STATE/ZIP : IL 60640
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,512.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,398,200.00
P & I AMT: 9,398.94
UPB AMT: 1,395,946.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 178
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767320 MORTGAGORS: FIELDS HARDY
FIELDS DAWN
REGION CODE ADDRESS : 3533 CARUTH BOULEVARD
02 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 648,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 646,985.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,420.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.54500
-------------------------------------------------------------------
0 0007767338 MORTGAGORS: CLIFTON RICHARD
CLIFTON KIMBERLY
REGION CODE ADDRESS : 3300 VILLANOVA STREET
02 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,756.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
0 0007767346 MORTGAGORS: KEPKE JAMES
KEPKE SHIRLEY
REGION CODE ADDRESS : 2103 RAVEN ROAD
02 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 379,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,606.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,586.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767353 MORTGAGORS: GOYTIA STEVE
HAWLEY LAURA
REGION CODE ADDRESS : 4229 RANWICK COURT
02 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,486.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767361 MORTGAGORS: PEREZ MICHAEL
PEREZ JULIE
REGION CODE ADDRESS : 468 BALTUSROL DRIVE
02 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,403.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,010,400.00
P & I AMT: 13,683.04
UPB AMT: 2,007,239.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 179
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767379 MORTGAGORS: WYTMAN GERARD
REGION CODE ADDRESS : 5966 FISHBURNE AVENUE
02 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 287,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,410.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007767387 MORTGAGORS: WARWICK KAREN
PASLAY ROBERT
REGION CODE ADDRESS : 309 3RD STREET
02 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 267,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,491.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,850.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007767395 MORTGAGORS: NGUYEN HANH
PHAM MO
REGION CODE ADDRESS : 6019 BAYVIEW DRIVE
02 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 265,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,853.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,853.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.66100
-------------------------------------------------------------------
0 0007767411 MORTGAGORS: SCAFATI ANTHONY
SCAFATI MARGUERITE
REGION CODE ADDRESS : 4577 SHETLAND GREEN DRIVE
02 CITY : ALEXANDRIA
STATE/ZIP : VA 22312
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,812.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767429 MORTGAGORS: IVANOVICH DAN
REGION CODE ADDRESS : 17275 FLAME TREE CIRCLE
02 CITY : FOUNTAIN VALLEY
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 303,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,100.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,391,600.00
P & I AMT: 9,602.79
UPB AMT: 1,389,667.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 180
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767437 MORTGAGORS: WETHERBY CHRIS
WETHERBY KIM
REGION CODE ADDRESS : 10617 ARTRUDE STREET
02 CITY : SHADOW HILLS AREA
STATE/ZIP : CA 91040
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,745.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,907.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767445 MORTGAGORS: HOOD CHRISTOPHER
REGION CODE ADDRESS : 1125 2ND STREET
02 CITY : HERMOSA BEA
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,557.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767452 MORTGAGORS: O'NEILL STEVEN
REGION CODE ADDRESS : 15107 33RD AVE
02 CITY : MILL CREEK
STATE/ZIP : WA 98012
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,075.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.01700
-------------------------------------------------------------------
0 0007767460 MORTGAGORS: DESMET GORDON
REGION CODE ADDRESS : 405 VILLAGE CIRCLE
02 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,793.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.78200
-------------------------------------------------------------------
0 0007767478 MORTGAGORS: DELGADO S.
DELGADO WENDY
REGION CODE ADDRESS : 18982 EAST WILDWOOD CIRCLE
02 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,165.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,503.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,608,700.00
P & I AMT: 10,861.10
UPB AMT: 1,606,337.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 181
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767486 MORTGAGORS: BROWN G.
REGION CODE ADDRESS : 4 MONACO
02 CITY : DANA POINT
STATE/ZIP : CA 92629
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,752.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 60.86900
-------------------------------------------------------------------
0 0007767494 MORTGAGORS: LIEN GEORGE
LIEN BRENDA
REGION CODE ADDRESS : 2225 MANCHESTER HIGHWAY
02 CITY : MURFREESBORO
STATE/ZIP : TN 37128
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,931.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.90400
-------------------------------------------------------------------
0 0007767502 MORTGAGORS: HENRY ANTHONY
HENRY KAY
REGION CODE ADDRESS : 2500 FOX HILL DR.
02 CITY : GERMANTOWN
STATE/ZIP : TN 38139
MORTGAGE AMOUNT : 405,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,949.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,732.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.29600
-------------------------------------------------------------------
0 0007767510 MORTGAGORS: DOANE DARRELL
DOANE SUSAN
REGION CODE ADDRESS : 3094 STEEPLEGATE DR
02 CITY : GERMANTOWN
STATE/ZIP : TN 38138
MORTGAGE AMOUNT : 311,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,875.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0007767536 MORTGAGORS: MENA MICHAEL
MENA VASILIKI
REGION CODE ADDRESS : 432 GENTLEMEN'S RIDGE
02 CITY : SIGNAL MOUNTAIN
STATE/ZIP : TN 37377
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,307.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,079,000.00
P & I AMT: 13,806.11
UPB AMT: 2,075,815.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 182
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767544 MORTGAGORS: BOWERS WILLIAM
REGION CODE ADDRESS : 1500 BAUGH SPRINGS ROAD
02 CITY : MCDONALD
STATE/ZIP : TN 37353
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 211,308.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.55500
-------------------------------------------------------------------
0 0007767551 MORTGAGORS: PATTON JOSEPH
PATTON REBECCA
REGION CODE ADDRESS : 11451 METZ PLACE
02 CITY : EADS
STATE/ZIP : TN 38028
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,324.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767569 MORTGAGORS: FARMER FREDERICK
FARMER KATHLEEN
REGION CODE ADDRESS : 3257 AVENAL COVE SOUTH
02 CITY : MEMPHIS
STATE/ZIP : TN 38125
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,399.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,257.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767577 MORTGAGORS: LATTA JAMES
LATTA JENNIE
REGION CODE ADDRESS : 3382 WAYNOKA AVE
02 CITY : MEMPHIS
STATE/ZIP : TN 38111
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,971.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,393.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007767585 MORTGAGORS: KRAKER WESLEY
KRAKER REBECCA
REGION CODE ADDRESS : 214 FLEUR DE LIS COVE
02 CITY : MEMPHIS
STATE/ZIP : TN 38117
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,541,300.00
P & I AMT: 10,313.42
UPB AMT: 1,500,295.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 183
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767593 MORTGAGORS: RAISBECK MICHAEL
RAISBECK SUSAN
REGION CODE ADDRESS : 85 HIGH STREET
02 CITY : CHELMSFORD
STATE/ZIP : MA 01824
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,068.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.35300
-------------------------------------------------------------------
0 0007767619 MORTGAGORS: FIGLIN MIMI
FLANDERS PATRICIA
REGION CODE ADDRESS : 684 HAWTHORNE DRIVE
02 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 397,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,470.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,741.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.18100
-------------------------------------------------------------------
0 0007767627 MORTGAGORS: DILIBERO NICOLA
DILIBERO JOELLEN
REGION CODE ADDRESS : 16 HICKORY LANE
02 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,548.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 47.71600
-------------------------------------------------------------------
0 0007767643 MORTGAGORS: KELLEY BRYAN
KELLEY LISA
REGION CODE ADDRESS : 12224 3RD AVENUE SOUTH
02 CITY : SEATTLE
STATE/ZIP : WA 98168
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,149.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007767650 MORTGAGORS: CREIGHTON JOHN
CREIGHTON KAREN
REGION CODE ADDRESS : 9664 ERNWOOD PLACE
02 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 309,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,888.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,562,100.00
P & I AMT: 10,791.99
UPB AMT: 1,558,127.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 184
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767668 MORTGAGORS: BISSET PETER
BISSET ROBIN
REGION CODE ADDRESS : 20537 GRANT COURT
02 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 278,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,345.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98400
-------------------------------------------------------------------
0 0007767676 MORTGAGORS: MICICH ETHAN
MICICH JENNIFER
REGION CODE ADDRESS : 13684 SW TRACY PLACE
02 CITY : TIGARD
STATE/ZIP : OR 97223
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,462.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.64100
-------------------------------------------------------------------
0 0007767684 MORTGAGORS: MCFARLAND RAYMOND
MCFARLAND RENEE
REGION CODE ADDRESS : 16220 SW COLLEEN COURT
02 CITY : BEAVERTON
STATE/ZIP : GA 97007
MORTGAGE AMOUNT : 243,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,128.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 93.83400
-------------------------------------------------------------------
0 0007767692 MORTGAGORS: FESLER MARIA
DE VRIES MAX
REGION CODE ADDRESS : 10777 INSPIRATION CIRCLE
02 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 434,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 433,503.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,035.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007767718 MORTGAGORS: SCAMURRA ANTHONY
SCAMURRA JOANNE
REGION CODE ADDRESS : 55 THE FLUME
02 CITY : AMHERST
STATE/ZIP : NH 03031
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.41500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,496,400.00
P & I AMT: 10,339.33
UPB AMT: 1,493,933.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 185
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767734 MORTGAGORS: EIFF M.
NIELSEN KIRI
REGION CODE ADDRESS : 3875 SW BRIDLEMILE LANE
02 CITY : PORTLAND
STATE/ZIP : OR 97221
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767742 MORTGAGORS: MIGUEL BARRY
REGION CODE ADDRESS : 2155 NW ASPEN AVENUE
02 CITY : PORTLAND
STATE/ZIP : OR 97210
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,505.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767759 MORTGAGORS: EVENHUS KENDALL
EVENHUS REBECCA
REGION CODE ADDRESS : 30119 BERLIN ROAD
02 CITY : LEBANON
STATE/ZIP : OR 97355
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007767775 MORTGAGORS: HAMILTON NEIL
HAMILTON KIM
REGION CODE ADDRESS : 2578 23RD AVENUE
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,129.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767783 MORTGAGORS: OBILLO BLANDINO
OBILLO PAULITA
REGION CODE ADDRESS : 1300 CALLEN LANE
02 CITY : DES PLAINES
STATE/ZIP : IL 60016
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,525.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,067.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,456,600.00
P & I AMT: 9,792.58
UPB AMT: 1,454,253.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 186
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767809 MORTGAGORS: CHASE ROBERT
REGION CODE ADDRESS : 41 BALBOA AVENUE
02 CITY : SAN RAFAEL
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,358.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.12900
-------------------------------------------------------------------
0 0007767825 MORTGAGORS: NEARY MICHAEL
NEARY XIOMARA
REGION CODE ADDRESS : 448 LAIDLEY STREET
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.66200
-------------------------------------------------------------------
0 0007767833 MORTGAGORS: GEE MICHAEL
GEE DIANNE
REGION CODE ADDRESS : 241 CONIFER TERRACE
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,114.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,740.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.62300
-------------------------------------------------------------------
0 0007767841 MORTGAGORS: YOGER DALE
YOGER KAREN
REGION CODE ADDRESS : 16 HEATHER WAY
02 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 402,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,785.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,779.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.48500
-------------------------------------------------------------------
0 0007767858 MORTGAGORS: SQUERI DENIS
SQUERI ELIZABETH
REGION CODE ADDRESS : 164 HAVEN HILL COURT
02 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 325,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,715.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 67.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,839,600.00
P & I AMT: 12,679.52
UPB AMT: 1,836,477.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 187
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767874 MORTGAGORS: NANCE WILLIAM
REGION CODE ADDRESS : 81 LANSING STREET #402
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94105
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,607.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.43700
-------------------------------------------------------------------
0 0007767882 MORTGAGORS: HOGG JAMES
HOGG MARILYN
REGION CODE ADDRESS : 104 GARYDALE COURT
02 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,358.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.72700
-------------------------------------------------------------------
0 0007767908 MORTGAGORS: FOGARTY BRENDAN
FOGARTY SUZANNE
REGION CODE ADDRESS : 125 CORTE BALBOA
02 CITY : GREENBRAE
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 316,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,928.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,212.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.14000
-------------------------------------------------------------------
0 0007767916 MORTGAGORS: WALKER FLOREID
REGION CODE ADDRESS : 1780 PORTLAND AVENUE
02 CITY : OCEANSIDE
STATE/ZIP : OR 97134
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,493.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767924 MORTGAGORS: BARAJAS SEVERO
BARAJAS GLORIA
REGION CODE ADDRESS : 12250 - 7TH AVENUE NORTHWEST
02 CITY : SEATTLE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,590.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.14200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,524,400.00
P & I AMT: 10,325.22
UPB AMT: 1,521,978.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 188
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767932 MORTGAGORS: FIELD ALBERT
FIELD MARYANN
REGION CODE ADDRESS : 9826 NORTH 131ST STREET
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 38.86900
-------------------------------------------------------------------
0 0007767940 MORTGAGORS: GALEY WILLIAM
GALEY PATRICIA
REGION CODE ADDRESS : 2904 NE 157TH STREET
02 CITY : VANCOUVER
STATE/ZIP : WA 98686
MORTGAGE AMOUNT : 277,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,755.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007767957 MORTGAGORS: FLEMING JAMES
FLEMING DEBORAH
REGION CODE ADDRESS : 1210 SUNRISE RIDGE DRIVE
02 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 484,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 483,261.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,342.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.65600
-------------------------------------------------------------------
0 0007767965 MORTGAGORS: THARPE DON
THARPE LINDA
REGION CODE ADDRESS : 3105 FRANKLINS WAY
02 CITY : OAK HILL
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 358,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,489.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,442.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.69200
-------------------------------------------------------------------
0 0007767973 MORTGAGORS: CASARONA KEITH
CASARONA DEBRA
REGION CODE ADDRESS : 15285 SW 133RD AVENUE
02 CITY : TIGARD
STATE/ZIP : OR 97224
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,368.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,554.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,778,250.00
P & I AMT: 12,060.46
UPB AMT: 1,775,433.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 189
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007767981 MORTGAGORS: WANG TING
WANG MARIAN
REGION CODE ADDRESS : 7831 PINEVILLE CIRCLE
02 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,566.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007767999 MORTGAGORS: MILLER DOUGLAS
WEBB-MILLER THELMA
REGION CODE ADDRESS : 4726 EAST DEER VALLEY LANE
02 CITY : SPRINGFIELD
STATE/ZIP : MO 65802
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,531.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768005 MORTGAGORS: GLASS WILLIAM
GLASS MARSHA
REGION CODE ADDRESS : 4 N 641 TURNMILL LANE
02 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,607.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.06000
-------------------------------------------------------------------
0 0007768013 MORTGAGORS: JOHNSON GREGORY
JOHNSON TRACY
REGION CODE ADDRESS : 2763 FALCON VIEW COURT
02 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 448,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,310.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,095.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.40000
-------------------------------------------------------------------
0 0007768021 MORTGAGORS: SCHILLER CHARLES
SCHILLER LINDA
REGION CODE ADDRESS : 1365 SUGARLOAF DRIVE
02 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 366,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,740.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 55.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,641,500.00
P & I AMT: 11,266.61
UPB AMT: 1,638,756.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 190
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768039 MORTGAGORS: CROWLEY STEVEN
CROWLEY JEANINE
REGION CODE ADDRESS : 26130 - 134TH AVENUE SOUTHEAST
02 CITY : KENT
STATE/ZIP : WA 98042
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,571.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,869.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.06600
-------------------------------------------------------------------
0 0007768047 MORTGAGORS: KNOX MARY
HERSHEY KATHERINE
REGION CODE ADDRESS : 3606 SW NEVADA COURT
02 CITY : PORTLAND
STATE/ZIP : OR 97219
MORTGAGE AMOUNT : 238,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,017.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,606.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768054 MORTGAGORS: WILLIAMS JAMES
REGION CODE ADDRESS : 32769 S KROFF ROAD
02 CITY : MOLALLA
STATE/ZIP : OR 97038
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,621.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.19400
-------------------------------------------------------------------
0 0007768062 MORTGAGORS: DEVLIN KELVIN
DEVLIN CATHY
REGION CODE ADDRESS : 14338 SW 133RD AVENUE
02 CITY : TIGARD
STATE/ZIP : OR 97224
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.95600
-------------------------------------------------------------------
0 0007768070 MORTGAGORS: FLANNERY PATRICK
BROWN PAULA
REGION CODE ADDRESS : 1550 N MOUNTAIN AVENUE
01 CITY : ASHLAND
STATE/ZIP : OR 97520
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,442.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,358,400.00
P & I AMT: 9,150.58
UPB AMT: 1,356,175.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 191
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768088 MORTGAGORS: PLACE SHIRLEY
REGION CODE ADDRESS : 1400 BLUE HERON ROAD
02 CITY : VIRGINIA BEACH
STATE/ZIP : VA 23454
MORTGAGE AMOUNT : 367,375.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,800.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.79500
-------------------------------------------------------------------
0 0007768104 MORTGAGORS: KOON STEPHEN
KOON SHERRY
REGION CODE ADDRESS : 12502 RIVIERA PLACE NORTHEAST
02 CITY : SEATTLE
STATE/ZIP : WA 98125
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,217.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.96700
-------------------------------------------------------------------
0 0007768112 MORTGAGORS: CARLSON WILLIAM
REGION CODE ADDRESS : 83 HANCOCK STREET
02 CITY : LEXINGTON
STATE/ZIP : MA 02420
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.46300
-------------------------------------------------------------------
0 0007768120 MORTGAGORS: WILSON PAUL
SODARO GLORIA
REGION CODE ADDRESS : 7124 DEVONSHIRE ROAD
02 CITY : ALEXANDRIA
STATE/ZIP : VA 22307
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,608.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768138 MORTGAGORS: LOUGHLIN MARCIA
REGION CODE ADDRESS : 80 SOUTH CENTRAL AVENUE
02 CITY : QUINCY
STATE/ZIP : MA 02170
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,633.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,596.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,833,375.00
P & I AMT: 12,402.68
UPB AMT: 1,830,457.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 192
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768146 MORTGAGORS: SHAIKH ATIF
SHAIKH DONNA
REGION CODE ADDRESS : 1667 UTE COURT
02 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 351,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,686.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,366.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.05550
-------------------------------------------------------------------
0 0007768153 MORTGAGORS: KOSTER WILLIAM
KOSTER LOLITA
REGION CODE ADDRESS : 3025 BELCASTRO STREET
02 CITY : LAS VEGAS
STATE/ZIP : NV 89117
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.42800
-------------------------------------------------------------------
0 0007768161 MORTGAGORS: BROWN JAMES
BROWN CAROL
REGION CODE ADDRESS : 13213 CAMAS
02 CITY : BLACK BUTTE RANCH
STATE/ZIP : OR 97759
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007768179 MORTGAGORS: BLALOCK MARK
BLALOCK JEAN
REGION CODE ADDRESS : 72855 SOMERA ROAD
02 CITY : PALM DESERT
STATE/ZIP : CA 92260
MORTGAGE AMOUNT : 252,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,314.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007768211 MORTGAGORS: SCHAER ALAN
SCHAER JULIE
REGION CODE ADDRESS : 5050 ELMGROVE COURT
02 CITY : SAN JOSE
STATE/ZIP : CA 95130
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,467.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,483,450.00
P & I AMT: 10,062.52
UPB AMT: 1,481,101.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 193
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768229 MORTGAGORS: VANNORTWICK ROBERT
VANNORTWICK SHEILA
REGION CODE ADDRESS : 24912 NE 3RD PLACE
02 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 287,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,375.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,915.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
0 0007768237 MORTGAGORS: AMARAL CLAUDIO
AMARAL THERESA
REGION CODE ADDRESS : 14 MALLARD WAY
02 CITY : EAST GREENWICH
STATE/ZIP : RI 02818
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 : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.30600
-------------------------------------------------------------------
0 0007768245 MORTGAGORS: TAPPER DOUGLAS
TAPPER JANE
REGION CODE ADDRESS : 4028 SUGAR MAPLE DRIVE
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 564,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 563,117.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,847.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768252 MORTGAGORS: BRIGGS RICHARD
BRIGGS LORRIE
REGION CODE ADDRESS : 7795 MCLAURIN ROAD NORTH
02 CITY : JACKSONVILLE
STATE/ZIP : FL 32256
MORTGAGE AMOUNT : 323,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,655.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
0 0007768278 MORTGAGORS: GRAY RICHARD
GRAY MEREDITH
REGION CODE ADDRESS : 5019 WHISPER WILLOW DRIVE
02 CITY : FAIRFAX
STATE/ZIP : VA 22030
MORTGAGE AMOUNT : 261,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,180.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,786,750.00
P & I AMT: 11,918.97
UPB AMT: 1,784,027.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 194
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768286 MORTGAGORS: FEDDERSON DARR
FEDDERSON PAMELA
REGION CODE ADDRESS : 1755 PALISADES TERRACE
02 CITY : LAKE OSWEGO
STATE/ZIP : OR 97035
MORTGAGE AMOUNT : 451,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,194.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,114.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.46800
-------------------------------------------------------------------
0 0007768294 MORTGAGORS: BOGDANSKI JOHN
OLSON NOLEE
REGION CODE ADDRESS : 3227 NE 23RD AVENUE
02 CITY : PORTLAND
STATE/ZIP : OR 97212
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,675.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768302 MORTGAGORS: POINDEXTER KERRY
POINDEXTER VALERIE
REGION CODE ADDRESS : 12140 KOUSA COURT
02 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 370,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,388.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,435.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007768310 MORTGAGORS: MOORE KYLE
GARBER DEBORAH
REGION CODE ADDRESS : 627 PINEY HILL ROAD
02 CITY : MONKTON
STATE/ZIP : MD 21111
MORTGAGE AMOUNT : 297,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,972.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.76400
-------------------------------------------------------------------
0 0007768328 MORTGAGORS: OSOVETS ALEXANDER
REGION CODE ADDRESS : 47771 MACGILL COURT
02 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 244,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,394.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,606.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,682,950.00
P & I AMT: 11,284.67
UPB AMT: 1,678,625.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 195
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768336 MORTGAGORS: LEIBNER JOSH
REGION CODE ADDRESS : 4 CORY LANE
02 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 386,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,895.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,636.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.98800
-------------------------------------------------------------------
0 0007768344 MORTGAGORS: STOPPELMAN LYNN
REGION CODE ADDRESS : 12078 CHANCERY STATION CIRCLE
02 CITY : RESTON
STATE/ZIP : VA 20190
MORTGAGE AMOUNT : 314,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,993.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,014.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99200
-------------------------------------------------------------------
0 0007768351 MORTGAGORS: ZAKRISON JOHN
SMITH BARBARA
REGION CODE ADDRESS : 12072 CHANCERY STATION CIRCLE
02 CITY : RESTON
STATE/ZIP : VA 22090
MORTGAGE AMOUNT : 279,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,439.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0007768369 MORTGAGORS: BARNES CLAIR
BARNES CYNTHIA
REGION CODE ADDRESS : 8913 GARDEN GATE DRIVE
02 CITY : FAIRFAX
STATE/ZIP : VA 22031
MORTGAGE AMOUNT : 300,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,429.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768385 MORTGAGORS: WALTERS JOHN
WALTERS JOAN
REGION CODE ADDRESS : 9 WALDRON DRIVE
02 CITY : MARTINSVILLE
STATE/ZIP : NJ 08836
MORTGAGE AMOUNT : 367,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,425.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,503.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.46100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,648,850.00
P & I AMT: 11,069.17
UPB AMT: 1,646,183.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 196
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768393 MORTGAGORS: WEITBERG JORDAN
WEITBERG PAMELA
REGION CODE ADDRESS : 8 HARDY DRIVE
02 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 366,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,398.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,435.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.20000
-------------------------------------------------------------------
0 0007768401 MORTGAGORS: TUSAR GREGORY
PETERSON CYNTHIA
REGION CODE ADDRESS : 49 CHURCH ROAD
02 CITY : MILLINGTON
STATE/ZIP : NJ 07946
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,636.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,582.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.30300
-------------------------------------------------------------------
0 0007768419 MORTGAGORS: BLAIR ROBERT
BLAIR MARY
REGION CODE ADDRESS : 670 HILLMEADE ROAD
02 CITY : EDGEWATER
STATE/ZIP : MD 21037
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.78900
-------------------------------------------------------------------
0 0007768427 MORTGAGORS: GALLAGHER-PAULOS CATHERINE
REGION CODE ADDRESS : 6804 NEWBOLD DRIVE
02 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,247.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,827.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768435 MORTGAGORS: FERREL JOHN
FERREL JUDITH
REGION CODE ADDRESS : 3210 N. 19TH STREET
02 CITY : ARLINGTON
STATE/ZIP : VA 22201
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,585.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,646,000.00
P & I AMT: 10,977.96
UPB AMT: 1,643,304.56
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 197
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768443 MORTGAGORS: HOWELL CARLETON
HOWELL SARA
REGION CODE ADDRESS : 4231 LAWNVALE DRIVE
02 CITY : GAINESVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,836.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007768450 MORTGAGORS: KALIANTZOPOULOS GEORGE
REGION CODE ADDRESS : 183 PARSONAGE HILL ROAD
02 CITY : SHORT HILLS
STATE/ZIP : NJ 07078
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.41100
-------------------------------------------------------------------
0 0007768468 MORTGAGORS: ROSSI SIDNEY
ROSSI TRACEY
REGION CODE ADDRESS : 17 WEST STREET
02 CITY : MONMOUTH BEACH
STATE/ZIP : NJ 07750
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 51.23800
-------------------------------------------------------------------
0 0007768476 MORTGAGORS: KIZEL PAUL
KIZEL MARGO
REGION CODE ADDRESS : 10 WOODCROFT PLACE
02 CITY : SHORT HILLS
STATE/ZIP : NJ 07078
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,521.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.10500
-------------------------------------------------------------------
0 0007768484 MORTGAGORS: GEERINCK DAVID
TORCZON DONNA
REGION CODE ADDRESS : 6 ANDREANN DRIVE
02 CITY : ANNANDALE
STATE/ZIP : NJ 08801
MORTGAGE AMOUNT : 283,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,867.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,956.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.40400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,379,550.00
P & I AMT: 9,392.67
UPB AMT: 1,377,382.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 198
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768492 MORTGAGORS: ANGLE WILLIAM
ANGLE NANCY
REGION CODE ADDRESS : 19415 HAVEN WHITE COURT
02 CITY : GAITHERSBURG
STATE/ZIP : MD 20879
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,292.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768500 MORTGAGORS: SMOOT EDDIE
SMOOT BETTY
REGION CODE ADDRESS : 6326 ALDERMAN DRIVE
02 CITY : KINGSTOWNE
STATE/ZIP : VA 22315
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,193.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768518 MORTGAGORS: CRAINE DAVID
CRAINE KATHLEEN
REGION CODE ADDRESS : 13500 PORTAGE PLACE
02 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,596.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,028.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768526 MORTGAGORS: GIRONTA MICHAEL
ROSENFELD CHERYL
REGION CODE ADDRESS : 69 MOUNT PLEASANT TURNPIKE
02 CITY : DENVILLE
STATE/ZIP : NJ 07834
MORTGAGE AMOUNT : 332,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,352.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,214.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
0 0007768534 MORTGAGORS: GRANGER CRADDOCK
GRANGER HAZEL
REGION CODE ADDRESS : 6828 CORDER LANE
02 CITY : LORTON
STATE/ZIP : VA 22079
MORTGAGE AMOUNT : 266,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,089.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,536,250.00
P & I AMT: 10,242.33
UPB AMT: 1,533,524.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 199
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768542 MORTGAGORS: IMAMI NEGAR
REGION CODE ADDRESS : 8801 FALLS ROAD
02 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,777.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.75000
-------------------------------------------------------------------
0 0007768567 MORTGAGORS: MCCONNELL JEROME
MCCONNELL JANE
REGION CODE ADDRESS : 4537 BENONI POINT ROAD
02 CITY : ROYAL OAK
STATE/ZIP : MD 21662
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,326.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.84800
-------------------------------------------------------------------
0 0007768575 MORTGAGORS: SCHRAY MARTIN
SCHRAY MILANKA
REGION CODE ADDRESS : 840 MEADOW LARK LANE
02 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,541.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768583 MORTGAGORS: MOORE EDWARD
MOORE KAREN
REGION CODE ADDRESS : 6311 BARNESDALE PATH
02 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,256.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,007.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768591 MORTGAGORS: SCHAFFER CHARLES
SCHAFFER JAMIE
REGION CODE ADDRESS : 3716 5TH STREET SOUTH
02 CITY : ARLINGTON
STATE/ZIP : VA 22204
MORTGAGE AMOUNT : 262,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,989.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,710,400.00
P & I AMT: 11,641.94
UPB AMT: 1,707,891.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 200
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768609 MORTGAGORS: MACFARLAND WILLIAM
MACFARLAND ELIZABETH
REGION CODE ADDRESS : 105 OXFORD LANDING
02 CITY : OXFORD
STATE/ZIP : MD 21654
MORTGAGE AMOUNT : 469,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,808.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,084.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.93190
-------------------------------------------------------------------
0 0007768617 MORTGAGORS: JORDAN GREGORY
RENSHAW JOHANNA
REGION CODE ADDRESS : 14526 MACCLINTOCK DRIVE
02 CITY : GLENWOOD
STATE/ZIP : MD 21784
MORTGAGE AMOUNT : 241,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,212.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,627.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768625 MORTGAGORS: MARKS PETER
MARKS GAIL
REGION CODE ADDRESS : 4213 FRANKLIN STREET
02 CITY : KENSINGTON
STATE/ZIP : MD 20895
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,449.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 56.54500
-------------------------------------------------------------------
0 0007768633 MORTGAGORS: VAN VONNO KARL
VAN VONNO CATHERINE
REGION CODE ADDRESS : 6156 COBBS ROAD
02 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,525.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768641 MORTGAGORS: MILLER WILBERT
MILLER MELANIE
REGION CODE ADDRESS : 15493 EAGLE TAVERN LANE
02 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,538.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,606,200.00
P & I AMT: 10,638.54
UPB AMT: 1,603,534.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 201
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768658 MORTGAGORS: IRAZABAL JULIO
IRAZABAL MARIA
REGION CODE ADDRESS : 6459 WOODRIDGE ROAD
02 CITY : ALEXANDRIA
STATE/ZIP : VA 22312
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,769.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.82300
-------------------------------------------------------------------
0 0007768666 MORTGAGORS: BOYCE KATHLEEN
REGION CODE ADDRESS : 11906 CRAYTON COURT
02 CITY : HERNDON
STATE/ZIP : VA 20170
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,571.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.59700
-------------------------------------------------------------------
0 0007768674 MORTGAGORS: BARING-GOULD EDWARD
SMITH TED
REGION CODE ADDRESS : 1920 KOHLER DRIVE
02 CITY : BOULDER
STATE/ZIP : CO 80303
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,403.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,654.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768690 MORTGAGORS: RIVERA DANIEL
RIVERA LEE
REGION CODE ADDRESS : 1930 DURAND MILL DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30307
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,275.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.28100
-------------------------------------------------------------------
0 0007768708 MORTGAGORS: STAHL JAMES
STAHL CLARIE
REGION CODE ADDRESS : 8585 ANCHOR ON LANIER CT.
02 CITY : GAINESVILLE
STATE/ZIP : GA 30506
MORTGAGE AMOUNT : 403,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,877.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,716.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.44300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,497,800.00
P & I AMT: 10,071.31
UPB AMT: 1,495,897.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 202
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768716 MORTGAGORS: PATEL SUNIL
PATEL PALLAVI
REGION CODE ADDRESS : 19572 HAVENSWAY COURT
02 CITY : BOCA RATON
STATE/ZIP : FL 33498
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,682.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,483.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98500
-------------------------------------------------------------------
0 0007768724 MORTGAGORS: FELIX KIRK
FELIX PATRICIA
REGION CODE ADDRESS : 1877 MISTY WOODS DRIVE
02 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 294,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,452.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,935.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007768732 MORTGAGORS: PANETTA LARRY
PANETTA CONNIE
REGION CODE ADDRESS : 362 CHEROKEE STREET
02 CITY : MARIETTA
STATE/ZIP : GA 30060
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,712.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,246.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007768740 MORTGAGORS: KAY FRED
REGION CODE ADDRESS : 1240 BAY POINTE TERRACE
02 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,680.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.49200
-------------------------------------------------------------------
0 0007768765 MORTGAGORS: KERNER JON
KERNER VANDANA
REGION CODE ADDRESS : 3130 PEACHTREE DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30305
MORTGAGE AMOUNT : 322,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,160.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,254.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,737,100.00
P & I AMT: 11,615.02
UPB AMT: 1,735,688.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 203
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768773 MORTGAGORS: AARTS THOMAS
DEMONET JOAQUIN
REGION CODE ADDRESS : 125 SERENITY COURT
02 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,746.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007768781 MORTGAGORS: STEELE CAROLYN
REGION CODE ADDRESS : 1201 PARKLAND RUN
02 CITY : SMYRNA
STATE/ZIP : GA 30082
MORTGAGE AMOUNT : 231,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,319.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,579.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.72500
-------------------------------------------------------------------
0 0007768799 MORTGAGORS: TAYLOR LAURA
TAYLOR BRUCE
REGION CODE ADDRESS : 2017 PALIFOX DRIVE
02 CITY : ATLANTA
STATE/ZIP : GA 30307
MORTGAGE AMOUNT : 232,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 231,814.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,563.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768807 MORTGAGORS: PETERSON STEPHEN
PETERSON CAROL
REGION CODE ADDRESS : 1018 FAIRWAY VALLEY DR
02 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 261,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,124.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,695.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.67142
-------------------------------------------------------------------
0 0007768815 MORTGAGORS: ANDERSON JOHN
ANDERSON JO
REGION CODE ADDRESS : 2719 EDGEWATER COURT
02 CITY : WESTON
STATE/ZIP : FL 33332
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,720.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.54500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,368,850.00
P & I AMT: 9,102.29
UPB AMT: 1,367,725.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 204
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768823 MORTGAGORS: MILTHORPE MICHAEL
MILTHORPE KATHRYN
REGION CODE ADDRESS : 5913 ROYAL PALM DRIVE
02 CITY : PLANO
STATE/ZIP : TX 75093
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,631.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768831 MORTGAGORS: BAILEY JOHN
BAILEY ELIZABETH
REGION CODE ADDRESS : 6112 128TH STREET SOUTHWEST
02 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 282,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,272.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
0 0007768872 MORTGAGORS: UNDERWOOD JAMES
UNDERWOOD HARRIETTE
REGION CODE ADDRESS : 4462 SCOTT PEAK CIRCLE
02 CITY : RENO
STATE/ZIP : NV 89436
MORTGAGE AMOUNT : 236,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,091.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,533.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.98828
-------------------------------------------------------------------
0 0007768880 MORTGAGORS: WURTZ RICHARD
WURTZ SUSAN
REGION CODE ADDRESS : 303 WEST ORANGEWOOD AVENUE
02 CITY : PHOENIX
STATE/ZIP : AZ 85021
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,046.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,635.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007768898 MORTGAGORS: NELSON CRAIG
NELSON MARY
REGION CODE ADDRESS : 0405 TENDERFOOT STREET
02 CITY : DILLON
STATE/ZIP : CO 80435
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,490.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,579.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.59500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,687,050.00
P & I AMT: 11,689.26
UPB AMT: 1,681,531.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 205
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768906 MORTGAGORS: GABOR THOMAS
GABOR CRISTINA
REGION CODE ADDRESS : 8051 MULHOLLAND DRIVE
02 CITY : STUDIO CITY
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 610,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 609,045.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,161.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.93900
-------------------------------------------------------------------
0 0007768914 MORTGAGORS: MCCONNELL MICHAEL
HARRIS-MCCONNELL MARY
REGION CODE ADDRESS : 1408 WESTOVER ROAD
02 CITY : AUSTIN
STATE/ZIP : TX 78703
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,494.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.47800
-------------------------------------------------------------------
0 0007768948 MORTGAGORS: WEBER LESTER
WEBER JEANNE
REGION CODE ADDRESS : 21495 DOWNING COURT
02 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,595.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.90100
-------------------------------------------------------------------
0 0007768955 MORTGAGORS: CROW GARY
REGION CODE ADDRESS : 6032 39TH AVENUE SOUTHWEST
02 CITY : SEATTLE
STATE/ZIP : WA 98136
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,555.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.93400
-------------------------------------------------------------------
0 0007768963 MORTGAGORS: BRIGHTON CHARLES
BRIGHTON LORIE
REGION CODE ADDRESS : 6021 34TH AVENUE NORTHEAST
02 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,501.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.74300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,787,200.00
P & I AMT: 12,072.29
UPB AMT: 1,756,192.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 206
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007768971 MORTGAGORS: LUTZ GLEN
WALDBILLIG-LUTZ YVONNE
REGION CODE ADDRESS : 8350 14TH AVE NORTHWEST
02 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,387.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.61100
-------------------------------------------------------------------
0 0007768989 MORTGAGORS: BLEDSOE EDWIN
BLEDSOE DEBORAH
REGION CODE ADDRESS : 4355 92ND AVENUE SOUTHEAST
02 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,635.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.92400
-------------------------------------------------------------------
0 0007768997 MORTGAGORS: ARCHULETA WALTER
ARCHULETA SUSAN
REGION CODE ADDRESS : 15122 286TH AVENUE NORTHEAST
02 CITY : DUVALL
STATE/ZIP : WA 98019
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,608.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.68600
-------------------------------------------------------------------
0 0007769029 MORTGAGORS: ROUX LOYD
ROUX DENISE
REGION CODE ADDRESS : 48 HILLRISE
02 CITY : DOVE CANYON
STATE/ZIP : CA 92679
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769037 MORTGAGORS: THOMPSON BENJAMIN
THOMPSON KATHLEEN
REGION CODE ADDRESS : 906 11TH AVENUE EAST
02 CITY : SEATTLE
STATE/ZIP : WA 98102
MORTGAGE AMOUNT : 413,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,385.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,887.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.09000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,512,000.00
P & I AMT: 10,295.02
UPB AMT: 1,509,417.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 207
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769045 MORTGAGORS: BRUGGER WILLIAM
BRUGGER EILEEN
REGION CODE ADDRESS : 851 10TH AVENUE NORTH
02 CITY : EDMONDS
STATE/ZIP : WA 98020
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,811.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769052 MORTGAGORS: ANDERSON SCOTT
ANDERSON ANNA
REGION CODE ADDRESS : 5511 N.E. 21ST COURT
02 CITY : RENTON
STATE/ZIP : WA 98059
MORTGAGE AMOUNT : 339,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,872.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,256.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007769060 MORTGAGORS: VINSON MARCUS
REGION CODE ADDRESS : 932 ALLAMANDA DRIVE
02 CITY : DELRAY BEACH
STATE/ZIP : FL 33483
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,929.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007769078 MORTGAGORS: WOMACK MARK
WOMACK MONICA
REGION CODE ADDRESS : 14806 NORTH 15TH AVENUE
02 CITY : PHOENIX
STATE/ZIP : AZ 85023
MORTGAGE AMOUNT : 570,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,485.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,842.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769086 MORTGAGORS: GONZALEZ ISMAEL
GONZALEZ ESTHER
REGION CODE ADDRESS : 1247 KRONA LANE
02 CITY : CONCORD
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,597.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.01400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,677,050.00
P & I AMT: 11,432.48
UPB AMT: 1,674,695.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 208
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769094 MORTGAGORS: BILLINGHAM GRAHAM
BILLINGHAM JEANINE
REGION CODE ADDRESS : 23408 ROLLING HILLS COURT
02 CITY : AUBURN
STATE/ZIP : CA 45063
MORTGAGE AMOUNT : 306,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,020.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,090.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.41500
-------------------------------------------------------------------
0 0007769102 MORTGAGORS: INADOMI DAVID
CORNEJO CAROL
REGION CODE ADDRESS : 10027 BAYARD AVENUE NORTHWEST
02 CITY : SEATTLE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 628,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 626,992.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,230.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769151 MORTGAGORS: PONCE GILBERT
PONCE FRANCES
REGION CODE ADDRESS : 5115 EAST BERNEIL DRIVE
02 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,085.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 58.26100
-------------------------------------------------------------------
0 0007769169 MORTGAGORS: KRISTENSEN EDWARD
D'ACQUISTO TRACY
REGION CODE ADDRESS : 843 CALLE TALENTIA
02 CITY : ESCONDIDO
STATE/ZIP : CA 92025
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,526.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769177 MORTGAGORS: MASSEY JOE
MASSEY SAWITRE
REGION CODE ADDRESS : 6207 BAYVIEW DRIVE
02 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 263,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,397.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.78400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,757,800.00
P & I AMT: 11,935.12
UPB AMT: 1,755,022.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 209
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769185 MORTGAGORS: SATTERLEE PERRY
SATTERLEE MELINDA
REGION CODE ADDRESS : 12505 177TH AVENUE NORTHEAST
02 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,453.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,380.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.43100
-------------------------------------------------------------------
0 0007769193 MORTGAGORS: CEJA JUAN
CEJA MARTHA
REGION CODE ADDRESS : 2753 BUENA POINT COURT
02 CITY : SAN JOSE
STATE/ZIP : CA 95121
MORTGAGE AMOUNT : 232,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,385.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,587.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007769201 MORTGAGORS: ISON IRA
ISON ANN
REGION CODE ADDRESS : 5947 VISTA LOOP
02 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,273.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,165.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769219 MORTGAGORS: SENSENIG TIM
CLOSNER-SENSENIG RONDA
REGION CODE ADDRESS : 344 ARROYO SECO
02 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 619,053.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,282.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.04900
-------------------------------------------------------------------
0 0007769227 MORTGAGORS: NIMEDEZ GERALD
NIMEDEZ DAWNA
REGION CODE ADDRESS : 108 GOODFELLOW DRIVE
02 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,505.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,980,750.00
P & I AMT: 13,564.92
UPB AMT: 1,977,672.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 210
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769235 MORTGAGORS: ACKLER HAROLD
BERMAN RACHAEL
REGION CODE ADDRESS : 901 BERKSHIRE AVENUE
02 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 333,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,146.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,220.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0007769243 MORTGAGORS: ANDRE RONALD
ANDRE SANDRA
REGION CODE ADDRESS : 8300 CHASE AVENUE
02 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,592.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,915.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.88300
-------------------------------------------------------------------
0 0007769250 MORTGAGORS: HOPPS MATTHEW
HOPPS DARNELLE
REGION CODE ADDRESS : 721 GLENCOE COURT
02 CITY : SUNNYVALE
STATE/ZIP : CA 90487
MORTGAGE AMOUNT : 375,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,567.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,464.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769268 MORTGAGORS: CICCARELLO VINCENT
CICCARELLO SARAH
REGION CODE ADDRESS : 4505 TAHOE COURT
02 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 278,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,042.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.68500
-------------------------------------------------------------------
0 0007769276 MORTGAGORS: WALKER JOHN
WALKER KIMBERLY
REGION CODE ADDRESS : 505 ELDERWOOD DRIVE
02 CITY : MARTINEZ
STATE/ZIP : VA 94533
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,633.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.47000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,501,400.00
P & I AMT: 10,111.27
UPB AMT: 1,498,981.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 211
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769284 MORTGAGORS: WOJCIEHOWSKI JOHN
WOJCIEHOWSKI BONNIE
REGION CODE ADDRESS : 7835 SOUTHEAST 63RD PLACE
02 CITY : MERCER ISLAND
STATE/ZIP : WA 98040
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,295.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,069.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.67400
-------------------------------------------------------------------
0 0007769292 MORTGAGORS: MYLES GARY
MYLES NANCY
REGION CODE ADDRESS : 4436 244TH PLACE SOUTHEAST
02 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,631.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769318 MORTGAGORS: BOYCE JEFFREY
LINDGREN-BOYCE HEIDI
REGION CODE ADDRESS : 9703 351ST AVENUE SOUTHEAST
02 CITY : SNOQUALMIE
STATE/ZIP : WA 98065
MORTGAGE AMOUNT : 251,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,225.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98000
-------------------------------------------------------------------
0 0007769326 MORTGAGORS: ROTH RICHARD
ROTH JULIE
REGION CODE ADDRESS : 11323 SE 60TH COURT
02 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,586.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769334 MORTGAGORS: COVEY DUANE
DEGOOYER-COVEY DEBORAH
REGION CODE ADDRESS : 8794 PAISLEY DR NE
02 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 453,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 452,273.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,051.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.40000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,678,650.00
P & I AMT: 11,438.55
UPB AMT: 1,676,013.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 212
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769342 MORTGAGORS: LOW MARK
LOW KATHRYN
REGION CODE ADDRESS : 15816 SAYBROOK DRIVE NORTHEAST
02 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,383.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,494.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.44400
-------------------------------------------------------------------
0 0007769383 MORTGAGORS: ANDERSON ROGER
ANDERSON CHRISTEVE
REGION CODE ADDRESS : 4502 GRANADA DRIVE
02 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 269,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,678.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007769391 MORTGAGORS: BUTKINS ROBERT
BUTKINS BARBARA
REGION CODE ADDRESS : 24806 WEYBURN DRIVE
02 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,086.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.95800
-------------------------------------------------------------------
0 0007769409 MORTGAGORS: BERBERIAN EDWARD
BERBERIAN JERI
REGION CODE ADDRESS : 191 PAULSEN LANE
02 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 332,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,992.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,296.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.56800
-------------------------------------------------------------------
0 0007769417 MORTGAGORS: LYON RICHARD
LYON MICHELE
REGION CODE ADDRESS : 240 SOUTH BROADWAY UNIT 11
02 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,798.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,497,300.00
P & I AMT: 10,179.82
UPB AMT: 1,494,939.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 213
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769425 MORTGAGORS: TRACY JAMES
TRACY MARIANNE
REGION CODE ADDRESS : 21150 VIA NORIEGA
02 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,803.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769433 MORTGAGORS: STEWART MARK
STEWART MARCIA
REGION CODE ADDRESS : 12 VIA ADELIA
02 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,516.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.44600
-------------------------------------------------------------------
0 0007769441 MORTGAGORS: MCLANE THOMAS
REGION CODE ADDRESS : 366 ORLENA AVENUE
02 CITY : LONG BEACH
STATE/ZIP : CA 90814
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,118.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007769458 MORTGAGORS: GOSSETT JAMES
GOSSETT JACKIE
REGION CODE ADDRESS : 359 CAREY COURT
02 CITY : BLOOMINGDALE
STATE/ZIP : IL 60108
MORTGAGE AMOUNT : 343,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,945.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,399.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769474 MORTGAGORS: HANSON MARK
HANSON PENNY
REGION CODE ADDRESS : 11 WHITE OAK DRIVE
02 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 301,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,128.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,057.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,465,500.00
P & I AMT: 10,105.54
UPB AMT: 1,463,510.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 214
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769482 MORTGAGORS: MIDDLEMIST SCOTT
MIDDLEMIST MARTHA
REGION CODE ADDRESS : 18143 EAST DORADO DRIVE
02 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 234,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,530.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 85.34500
-------------------------------------------------------------------
0 0007769490 MORTGAGORS: HORVATH JENO
HORVATH SUSAN
REGION CODE ADDRESS : 6647 CONDOR RUN
02 CITY : LITTLETON
STATE/ZIP : CO 80125
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,276.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,883.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.40300
-------------------------------------------------------------------
0 0007769516 MORTGAGORS: COULTAS EDWARD
COULTAS WANDA
REGION CODE ADDRESS : 22824 HIGHWAY 6, #511,
02 CITY : KEYSTONE
STATE/ZIP : CO 80435
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.69300
-------------------------------------------------------------------
0 0007769524 MORTGAGORS: OBLACHINSKI JAMES
OBLACHINSKI DONNA
REGION CODE ADDRESS : 0079 TIMBER WOLF TRAIL
02 CITY : SILVERTHORNE
STATE/ZIP : CO 80498
MORTGAGE AMOUNT : 459,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,123.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,057.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.03600
-------------------------------------------------------------------
0 0007769565 MORTGAGORS: WILSON JAY
REGION CODE ADDRESS : 7528 EAST SUNNYVALE DRIVE
02 CITY : SCOTTSDALE
STATE/ZIP : AL 85258
MORTGAGE AMOUNT : 303,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,124.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,071.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,537,300.00
P & I AMT: 10,402.20
UPB AMT: 1,535,627.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 215
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769573 MORTGAGORS: SLUGOCKI MARK
SLUGOCKI TERIE
REGION CODE ADDRESS : 6834 EAST EVANS DRIVE
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 292,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,581.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 83.44200
-------------------------------------------------------------------
0 0007769581 MORTGAGORS: SLOVITER ROBERT
SLOVITER MELINDA
REGION CODE ADDRESS : 6910 NORTH CHAPARRAL PLACE
02 CITY : TUCSON
STATE/ZIP : AZ 85718
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,434.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,657.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.16600
----------------------------------------------------------------------------
0 0007769599 MORTGAGORS: WOOD MARK
WOOD PAMELA
REGION CODE ADDRESS : 2902 245TH STREET EAST
02 CITY : HAMPTON
STATE/ZIP : MN 55031
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,436.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769607 MORTGAGORS: PINNELL ROBERT
PINNELL KELLY
REGION CODE ADDRESS : 3018 EAST GELDING DRIVE
02 CITY : PHOENIX
STATE/ZIP : AZ 85032
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.10300
-------------------------------------------------------------------
0 0007769615 MORTGAGORS: YOUNG P.
DOLHANCEY MARY
REGION CODE ADDRESS : 7075 PIUTE DRIVE
02 CITY : SEDALIA
STATE/ZIP : CO 80135
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,603.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,638,050.00
P & I AMT: 11,259.78
UPB AMT: 1,635,524.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 216
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769623 MORTGAGORS: WHITE ROBERT
JONES LISA
REGION CODE ADDRESS : 5431 BEACH DRIVE S.W.
02 CITY : SEATTLE
STATE/ZIP : WA 98136
MORTGAGE AMOUNT : 376,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,334.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,407.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769631 MORTGAGORS: PUKMEL MICHAEL
HAO XIAOBIN
REGION CODE ADDRESS : 14 THORNTON DRIVE
02 CITY : BURLINGTON
STATE/ZIP : MA 01803
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,590.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769649 MORTGAGORS: MOLLOV STEVEN
MOLLOV PAULA
REGION CODE ADDRESS : 13 CARLETON CIRCLE
02 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 58.59300
-------------------------------------------------------------------
0 0007769656 MORTGAGORS: FARRELL DOUGLAS
FARRELL CAROLINE
REGION CODE ADDRESS : 6 JACOBS LANE
02 CITY : SOUTHBOROUGH
STATE/ZIP : MA 01772
MORTGAGE AMOUNT : 458,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,833.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,086.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.60000
-------------------------------------------------------------------
0 0007769664 MORTGAGORS: LEBLANC DARRELL
LEBLANC JAIME
REGION CODE ADDRESS : 7 SHIPLEY CIRCLE
02 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,809.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.12100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,647,000.00
P & I AMT: 11,039.29
UPB AMT: 1,645,334.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 217
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769672 MORTGAGORS: MORRISON BRIAN
MORRISON LAURIN
REGION CODE ADDRESS : 14129 RIPPLING BROOK DRIVE
02 CITY : SILVER SPRING
STATE/ZIP : MD 20906
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,793.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.89900
-------------------------------------------------------------------
0 0007769706 MORTGAGORS: WILLIAMS RICHARD
WILLIAMS SHERRYL
REGION CODE ADDRESS : 22602 N.E. 169TH STREET
02 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,417.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,537.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769714 MORTGAGORS: PAINTER KELLY
LEECH-PAINTER LINDY
REGION CODE ADDRESS : 18122 SANTA CECILIA STREET
02 CITY : FOUNTAIN VA
STATE/ZIP : CA 92708
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.17200
-------------------------------------------------------------------
0 0007769722 MORTGAGORS: HAYDEN KENT
HAYDEN MONICA
REGION CODE ADDRESS : 20412 CRAIMER LANE
02 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,548.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.90200
-------------------------------------------------------------------
0 0007769730 MORTGAGORS: HOGAN GREGORY
REGION CODE ADDRESS : 26 REGALO DRIVE
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,561.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.35600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,473,000.00
P & I AMT: 9,965.39
UPB AMT: 1,470,861.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 218
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769748 MORTGAGORS: FUJIOKA SCOTT
FUJIOKA SUSAN
REGION CODE ADDRESS : 1017 SHADOW CANYON ROAD
02 CITY : BREA
STATE/ZIP : CA 92821
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,580.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769763 MORTGAGORS: MONTGOMERY SCOTT
MONTGOMERY DEBBE
REGION CODE ADDRESS : 133 STARCREST
02 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,673.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,076.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 47.82600
-------------------------------------------------------------------
0 0007769771 MORTGAGORS: SANDERS MATTHEW
SANDERS LAUREN
REGION CODE ADDRESS : 22431 LABRUSCA
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 271,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,164.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 52.07000
-------------------------------------------------------------------
0 0007769789 MORTGAGORS: REESER R
REESER JANET
REGION CODE ADDRESS : 510 PEMMIGAN
02 CITY : FRISCO
STATE/ZIP : CO 80443
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,431.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.53000
-------------------------------------------------------------------
0 0007769797 MORTGAGORS: RADOSEVIC JAMES
RADOSEVIC LISA
REGION CODE ADDRESS : 801 ADAMS STREET
02 CITY : DENVER
STATE/ZIP : CO 80206
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,415.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,625,600.00
P & I AMT: 11,340.01
UPB AMT: 1,623,264.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 219
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769805 MORTGAGORS: PEDERSEN DAVID
PEDERSEN MICHELLE
REGION CODE ADDRESS : 9585 VANCOUVER LANE
02 CITY : WINDSOR
STATE/ZIP : CA 95492
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,769.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769813 MORTGAGORS: JENNINGS LONNY
BRAVO SABINE
REGION CODE ADDRESS : 406 BEAUMONT BOULEVARD
02 CITY : PACIFICA
STATE/ZIP : CA 94044
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,043.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,846.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007769821 MORTGAGORS: ROHDE CHRISTOPHER
KONISHI SIRENA
REGION CODE ADDRESS : 63 WAMBOLD LANE
02 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,579.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769847 MORTGAGORS: MILLS I.
MILLS CYNTHIA
REGION CODE ADDRESS : 15120 DRAKE ROAD
02 CITY : GUERNEVILLE
STATE/ZIP : CA 95446
MORTGAGE AMOUNT : 237,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,896.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,658.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.90000
-------------------------------------------------------------------
0 0007769854 MORTGAGORS: HARRIS ALAN
MOONEY-HARRIS KATE
REGION CODE ADDRESS : 4425 ARCADY AVENUE
02 CITY : DALLAS
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,317.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,087.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.85700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,472,950.00
P & I AMT: 9,972.10
UPB AMT: 1,470,607.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 220
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769862 MORTGAGORS: LOWE WILLIAM
LOWE LISA
REGION CODE ADDRESS : 9631 HILLVIEW DRIVE
02 CITY : DALLAS
STATE/ZIP : TX 75231
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,409.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.23800
-------------------------------------------------------------------
0 0007769870 MORTGAGORS: KATS MARK
KATS LANA
REGION CODE ADDRESS : 9 WEST KNOLL ROAD
02 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,771.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.70100
-------------------------------------------------------------------
0 0007769888 MORTGAGORS: NOBIS LAURA
REGION CODE ADDRESS : 12 WILDWOOD AVENUE
02 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 393,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,013.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,752.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769896 MORTGAGORS: AU WILLIAM
CHAO-AU LUCIA
REGION CODE ADDRESS : 34172 O'NEIL TERRACE
02 CITY : FREMONT
STATE/ZIP : CA 94555
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.61100
-------------------------------------------------------------------
0 0007769904 MORTGAGORS: GONZALES-SCHNIEPER NIVIA
REGION CODE ADDRESS : 1704 EWER DRIVE
02 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,584.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,609,600.00
P & I AMT: 11,087.60
UPB AMT: 1,607,358.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 221
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769912 MORTGAGORS: MORGAN EDWIN
MORGAN MARIA
REGION CODE ADDRESS : 953 14TH STREET
02 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769920 MORTGAGORS: WEINBERG NORMAN
WEINBERG DEANNE
REGION CODE ADDRESS : 8817 SOUTH NIGHTINGALE WAY
02 CITY : LITTLETON
STATE/ZIP : CO 80126
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.91300
-------------------------------------------------------------------
0 0007769938 MORTGAGORS: GROSS ROBERT
GROSS BEVERLY
REGION CODE ADDRESS : 6516 E. HELM DRIVE
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85254
MORTGAGE AMOUNT : 263,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,276.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0007769946 MORTGAGORS: JORDAN LOUIE
JORDAN TRACY
REGION CODE ADDRESS : 308 12TH STREET
02 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,041.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007769953 MORTGAGORS: HULL EDWARD
HULL JUDY
REGION CODE ADDRESS : 214 10TH STREET
02 CITY : SEAL BEACH
STATE/ZIP : CA 90740
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 49.38200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,479,950.00
P & I AMT: 10,000.86
UPB AMT: 1,478,247.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 222
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007769961 MORTGAGORS: LIBIS BARBERA
REGION CODE ADDRESS : 3693 BERRY DRIVE
02 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 329,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,971.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,219.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007769987 MORTGAGORS: ARIAS MICHAEL
ARIAS LINDA
REGION CODE ADDRESS : 57 HARVEY COURT
02 CITY : IRVINE
STATE/ZIP : CA 92612
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,631.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.93000
-------------------------------------------------------------------
0 0007769995 MORTGAGORS: LYONS LAVONA
FULLER MICHAEL
REGION CODE ADDRESS : 313 CLAIRMONT AVENUE
02 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 301,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,939.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
0 0007770001 MORTGAGORS: BROUWER DAVID
BROUWER VALERY
REGION CODE ADDRESS : 28361 SILVERTON DRIVE
02 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 334,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,863.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,252.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770019 MORTGAGORS: YADRON TIMOTHY
YADRON TERESA
REGION CODE ADDRESS : 892 DEL AVION LANE
02 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,804.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.97500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,463,300.00
P & I AMT: 9,996.21
UPB AMT: 1,461,210.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 223
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770035 MORTGAGORS: SPAFFORD JONATHAN
SPAFFORD SUSAN
REGION CODE ADDRESS : 9810 GULFSTREAM DR.
02 CITY : FISHERS
STATE/ZIP : IN 46038
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.23900
-------------------------------------------------------------------
0 0007770043 MORTGAGORS: KATRIS ERNIE
KATRIS FRANCES
REGION CODE ADDRESS : 1171 WESTFIELD WAY
02 CITY : MUNDELEIN
STATE/ZIP : IL 60060
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,812.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.71600
-------------------------------------------------------------------
0 0007770068 MORTGAGORS: LARSON LARRY
LARSON CHRYSTALLA
REGION CODE ADDRESS : 6135 EAST BOBCAT BLUFF
02 CITY : LITTLETON
STATE/ZIP : CO 80124
MORTGAGE AMOUNT : 343,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,694.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,404.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007770076 MORTGAGORS: HUANG ALLEN
HUANG OLIVIA
REGION CODE ADDRESS : 4727 HIGHGROVE AVENUE
02 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,768.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.62020
-------------------------------------------------------------------
0 0007770084 MORTGAGORS: DOUTHIT JERRY
DOUTHIT PAULA
REGION CODE ADDRESS : 3379 SAXONY GLEN
02 CITY : MARIETTA
STATE/ZIP : GA 30066
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,772.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,913.37 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: 1,655,950.00
P & I AMT: 11,304.79
UPB AMT: 1,654,658.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 224
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770092 MORTGAGORS: BAILEY WILLIAM
BAILEY SANDRA
REGION CODE ADDRESS : 1450 MASSEY ROAD WEST
02 CITY : MEMPHIS
STATE/ZIP : TN 38120
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,549.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,659.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.33300
-------------------------------------------------------------------
0 0007770100 MORTGAGORS: WILLIAMS ROY
WILLIAMS DAVIA
REGION CODE ADDRESS : 315 QUEENS DRIVE
02 CITY : MT. JULIET
STATE/ZIP : TN 37122
MORTGAGE AMOUNT : 240,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,547.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 87.54500
-------------------------------------------------------------------
0 0007770118 MORTGAGORS: RUTHERFORD JOLEE
REGION CODE ADDRESS : 3465 KEL CREEK CV
02 CITY : MEMPHIS
STATE/ZIP : TN 38122
MORTGAGE AMOUNT : 275,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,710.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770126 MORTGAGORS: NEELY DAVID
NEELY TERESA
REGION CODE ADDRESS : 1356 CEDAR HOLLOW
02 CITY : CORDOVA
STATE/ZIP : TN 38018
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,800.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 91.69810
-------------------------------------------------------------------
0 0007770134 MORTGAGORS: BALDREE GEORGE
FARRAR-BALDREE MARIE
REGION CODE ADDRESS : 63 SOUTH CREST DR.
02 CITY : CHATTANOOGA
STATE/ZIP : TN 37404
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,741.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,624,670.00
P & I AMT: 10,858.85
UPB AMT: 1,623,349.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 225
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770142 MORTGAGORS: YEMEN TERRANCE
YEMEN GERALDINE
REGION CODE ADDRESS : 48 CANTEBURY ROAD
02 CITY : CHARLOTTESVILLE
STATE/ZIP : VA 22903
MORTGAGE AMOUNT : 303,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,121.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0007770159 MORTGAGORS: SMITH PAUL
SMITH SUSAN
REGION CODE ADDRESS : 6269 NORTH 31ST PLACE
02 CITY : PHOENIX
STATE/ZIP : AZ 85016
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,119.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,551.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.57400
-------------------------------------------------------------------
0 0007770175 MORTGAGORS: ELPERS NANCY
REGION CODE ADDRESS : 10418 W 126TH STREET
02 CITY : OVERLAND PARK
STATE/ZIP : KS 66213
MORTGAGE AMOUNT : 239,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,225.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770183 MORTGAGORS: DISNEY CHRISTIAN
DISNEY ALICIA
REGION CODE ADDRESS : 16794 NW PADDINGTON DRIVE
02 CITY : BEAVERTON
STATE/ZIP : OR 97006
MORTGAGE AMOUNT : 255,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,140.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007770191 MORTGAGORS: SCHWARTZ TIMOTHY
SCHWARTZ SANDRA
REGION CODE ADDRESS : 574 9TH AVENUE
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94118
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,427.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.88400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,547,250.00
P & I AMT: 10,539.62
UPB AMT: 1,544,033.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 226
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770209 MORTGAGORS: CHENG CHUNG
CHENG JUDY
REGION CODE ADDRESS : 300 N ANGELA CIRCLE
02 CITY : WICHITA
STATE/ZIP : KS 67235
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,583.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770217 MORTGAGORS: FLERLAGE KENNETH
GARDNER-FLERLAGE LAURA
REGION CODE ADDRESS : 25 W 8TH STREET
02 CITY : NAPERVILLE
STATE/ZIP : IL 60563
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,881.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007770225 MORTGAGORS: VARELA RICHARD
VARELA VICTORIA
REGION CODE ADDRESS : 26646 BRANDON
02 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 242,785.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,405.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.40700
-------------------------------------------------------------------
0 0007770233 MORTGAGORS: CLARK SCOTT
CLARK LAURIE
REGION CODE ADDRESS : 3101 NORTH VALENCIA LANE
02 CITY : PHOENIX
STATE/ZIP : AZ 85018
MORTGAGE AMOUNT : 260,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,692.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.55800
-------------------------------------------------------------------
0 0007770241 MORTGAGORS: SEABOLD MICHAEL
BOMAN-SEABOLD MELODY
REGION CODE ADDRESS : 12525 SW BRIGHTON LANE
02 CITY : HILLSBORO
STATE/ZIP : OR 97123
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,580.20 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 : 52.88400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,320,385.00
P & I AMT: 9,078.47
UPB AMT: 1,318,143.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 227
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770258 MORTGAGORS: FRENCH MARVIN
FRENCH SUSAN
REGION CODE ADDRESS : 1516 NW BENFIELD DRIVE
02 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,284.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.55500
-------------------------------------------------------------------
0 0007770266 MORTGAGORS: PULIAFICO STEPHEN
MANCINI-PULIAFICO JANE
REGION CODE ADDRESS : 15 WADSWORTH WAY
02 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,765.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 55.43800
-------------------------------------------------------------------
0 0007770274 MORTGAGORS: HE DENNIS
WONG FUNG
REGION CODE ADDRESS : 2253 33RD AVENUE
02 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0007770282 MORTGAGORS: MARCHELLO RANDOLPH
MARCHELLO NAN
REGION CODE ADDRESS : 3607 EAST SHOMI STREET
02 CITY : PHOENIX
STATE/ZIP : AZ 85044
MORTGAGE AMOUNT : 349,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,440.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,351.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.86900
-------------------------------------------------------------------
0 0007770290 MORTGAGORS: CHANG HSU
REGION CODE ADDRESS : 3480 ORIOLE PLACE
02 CITY : FREMONT
STATE/ZIP : CA 94555
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,463.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,517.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,588,500.00
P & I AMT: 10,826.97
UPB AMT: 1,586,460.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 228
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770308 MORTGAGORS: KING DANIEL
KING CHARLOTTE
REGION CODE ADDRESS : 6363 NORTH 48TH STREET
02 CITY : PARADISE VALLEY
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,982.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0007770316 MORTGAGORS: COON JAMES
REGION CODE ADDRESS : 2939 NW 53RD DRIVE
02 CITY : PORTLAND
STATE/ZIP : OR 97210
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,664.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.50400
-------------------------------------------------------------------
0 0007770324 MORTGAGORS: ACKERMAN JAMES
ACKERMAN ANNE
REGION CODE ADDRESS : 11505 DANVILLE DRIVE
02 CITY : ROCKVILLE
STATE/ZIP : MD 20852
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.71000
-------------------------------------------------------------------
0 0007770332 MORTGAGORS: ZIER ROBERTA
REGION CODE ADDRESS : 1255 CHERRY TREE LANE
02 CITY : ANNAPOLIS
STATE/ZIP : MD 21403
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,123.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,416.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.27200
-------------------------------------------------------------------
0 0007770340 MORTGAGORS: VILLALBA PEDRO
VILLALBA CHERYL
REGION CODE ADDRESS : 992 ROCKRIMMON ROAD
02 CITY : STAMFORD
STATE/ZIP : CT 06903
MORTGAGE AMOUNT : 616,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 614,987.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,098.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,481,000.00
P & I AMT: 16,630.80
UPB AMT: 2,477,316.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 229
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770357 MORTGAGORS: HAYES ROBERT
HAYES DIANNE
REGION CODE ADDRESS : 334 NW 83RD PLACE
02 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,707.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770365 MORTGAGORS: MORRIS FRANK
MORRIS KATHLEEN
REGION CODE ADDRESS : 4130 NORTH RIVER STREET
02 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 519,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,207.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,584.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.08300
-------------------------------------------------------------------
0 0007770373 MORTGAGORS: MOORE ROBERT
MOORE MARYELLEN
REGION CODE ADDRESS : 11708 EAST SAND HILLS ROAD
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 274,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,574.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.28000
-------------------------------------------------------------------
0 0007770381 MORTGAGORS: HANSEN JEFFERY
HANSEN JANET
REGION CODE ADDRESS : 604 SEVENTH FAIRWAY DRIVE
02 CITY : MEDFORD
STATE/ZIP : OR 97504
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,461.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,263.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770399 MORTGAGORS: ABERNATHY ROBERT
ABERNATHY RITA
REGION CODE ADDRESS : 1791 WIESBROOK ROAD
02 CITY : WHEATON
STATE/ZIP : IL 60187
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 83.71300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,726,800.00
P & I AMT: 11,656.85
UPB AMT: 1,724,558.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 230
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770407 MORTGAGORS: CAMPBELL CLIFFORD
CAMPBELL JO
REGION CODE ADDRESS : 20101 SWEET MEADOW LANE
02 CITY : GAITHERSBURG
STATE/ZIP : MD 20882
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,460.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770415 MORTGAGORS: ALWAN ABDUL
ALWAN EWA
REGION CODE ADDRESS : 2007 WILMETTE AVENUE
02 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,320.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,312.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 62.23400
-------------------------------------------------------------------
0 0007770423 MORTGAGORS: WEBB CECIL
WEBB LORA
REGION CODE ADDRESS : 1331 E. CALLE DE ARCOS STREET
02 CITY : TEMPE
STATE/ZIP : AZ 85284
MORTGAGE AMOUNT : 270,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,304.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007770431 MORTGAGORS: CIOS ADAM
CIOS BOZENA
REGION CODE ADDRESS : 1234 SOUTH LINCOLN AVE.
02 CITY : PARK RIDGE
STATE/ZIP : IL 60068
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,742.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.47800
-------------------------------------------------------------------
0 0007770449 MORTGAGORS: AMBUTAS VYTAS
AMBUTAS CECILIA
REGION CODE ADDRESS : 172 DERBY GLEN DRIVE
02 CITY : GLEN ELLYN
STATE/ZIP : IL 60137
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,566.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.05200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,674,750.00
P & I AMT: 11,449.52
UPB AMT: 1,672,395.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 231
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770456 MORTGAGORS: WILLMAN MICHAEL
WILLMAN MICHELLE
REGION CODE ADDRESS : 5 N. 561 FOXMOOR DRIVE
02 CITY : ST. CHARLES
STATE/ZIP : IL 60175
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,062.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,062.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.09300
-------------------------------------------------------------------
0 0007770464 MORTGAGORS: CROSS WILLIAM
CROSS AMY
REGION CODE ADDRESS : 106 SHERWOOD
02 CITY : GLEN CARBON
STATE/ZIP : IL 62034
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,615.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 92.64700
-------------------------------------------------------------------
0 0007770472 MORTGAGORS: STEKLENSKI EDWARD
STEKLENSKI PAMELA
REGION CODE ADDRESS : 7330 EAST REDBIRD ROAD
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85255
MORTGAGE AMOUNT : 332,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,942.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,296.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.70700
-------------------------------------------------------------------
0 0007770480 MORTGAGORS: LEE JOSEPH
REGION CODE ADDRESS : 38846 LITCHFIELD CIRCLE
02 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,595.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770498 MORTGAGORS: POOL ROBERT
POOL VALERIE
REGION CODE ADDRESS : 12702 NE 238TH AVENUE
02 CITY : BRUSH PRAIRIE
STATE/ZIP : WA 98606
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,771.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,718.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.71400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,431,450.00
P & I AMT: 9,719.76
UPB AMT: 1,428,987.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 232
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770506 MORTGAGORS: HIGGINS WARREN
HIGGINS PATRICIA
REGION CODE ADDRESS : 3768 EAST ASPEN COURT
02 CITY : GILBERT
STATE/ZIP : AZ 85234
MORTGAGE AMOUNT : 285,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,432.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 87.89200
-------------------------------------------------------------------
0 0007770514 MORTGAGORS: GIROUARD FORREST
GIROUARD DENISE
REGION CODE ADDRESS : 2700 RIDGEWAY AVENUE
02 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 314,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,560.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770522 MORTGAGORS: ZUKOWSKI MARK
ZUKOWSKI RAEANN
REGION CODE ADDRESS : 9650 NORTH 106TH WAY
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85258
MORTGAGE AMOUNT : 263,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,299.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.00000
-------------------------------------------------------------------
0 0007770530 MORTGAGORS: GINGRICH LARRY
GINGRICH CAROLE
REGION CODE ADDRESS : 10575 EAST CACTUS ROAD
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.55900
-------------------------------------------------------------------
0 0007770548 MORTGAGORS: MARTIN GREGORY
MARTIN MARIANNE
REGION CODE ADDRESS : 24907 STANLEY PARK ROAD
02 CITY : EVERGREEN
STATE/ZIP : CO 80439
MORTGAGE AMOUNT : 341,240.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,692.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.18200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,505,190.00
P & I AMT: 10,236.89
UPB AMT: 1,503,479.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 233
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770555 MORTGAGORS: MEYER MICHAEL
MEYER LAUREN
REGION CODE ADDRESS : 9210 NORTH 114TH STREET
02 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 369,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,722.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,519.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.57400
-------------------------------------------------------------------
0 0007770571 MORTGAGORS: SEVERANCE DOUGLAS
SEVERANCE MARILYN
REGION CODE ADDRESS : 105 SUNHAVEN ROAD
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 594,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 593,536.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,052.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.66800
-------------------------------------------------------------------
0 0007770589 MORTGAGORS: EIDEN JOSEPH
EIDEN HOLLY
REGION CODE ADDRESS : 115 SHADEWELL DRIVE
02 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 445,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,260.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,077.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.57900
-------------------------------------------------------------------
0 0007770597 MORTGAGORS: BROWN DOUGLAS
BROWN LEIGH
REGION CODE ADDRESS : 45 TIPPING ROCK ROAD
02 CITY : EAST GREENWICH
STATE/ZIP : RI 02818
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.55555
-------------------------------------------------------------------
0 0007770613 MORTGAGORS: SHIPLEY CALVERT
SHIPLEY JENNIFER
REGION CODE ADDRESS : 15011 SW TELLURIDE TERRACE
02 CITY : BEAVERTON
STATE/ZIP : OR 97007
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,559.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.68100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,980,900.00
P & I AMT: 13,480.19
UPB AMT: 1,978,591.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 234
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770621 MORTGAGORS: STAFFORD WILLIAM
STAFFORD LORNA
REGION CODE ADDRESS : 14038 KNOX
02 CITY : OVERLAND PARK
STATE/ZIP : KS 66221
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,521.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,087.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.36900
-------------------------------------------------------------------
0 0007770639 MORTGAGORS: LARSON MICHAEL
LARSON LINDA
REGION CODE ADDRESS : 18025 SARAH HILL LANE
02 CITY : LAKE OSWEGO
STATE/ZIP : OR 97035
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,760.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,094.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.94700
-------------------------------------------------------------------
0 0007770647 MORTGAGORS: SYTSMA MARK
SYTSMA VIRGNIA
REGION CODE ADDRESS : 5690 SW PROSPERITY PARK ROAD
02 CITY : TUALATIN
STATE/ZIP : OR 97062
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770662 MORTGAGORS: SIMMONS JAMES
BASALTO-SIMMONS SUSAN
REGION CODE ADDRESS : 241 SEQUOIA AVENUE
02 CITY : WALNUT CREEK
STATE/ZIP : CA 94595
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,754.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 62.77530
-------------------------------------------------------------------
0 0007770670 MORTGAGORS: ROMOLINO THOMAS
DUK-ROMOLINO DIANE
REGION CODE ADDRESS : 245 EL PUEBLO PLACE
02 CITY : CLAYTON
STATE/ZIP : CA 94517
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,518,000.00
P & I AMT: 10,152.25
UPB AMT: 1,516,527.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 235
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770688 MORTGAGORS: DREWES ANTHONY
DREWES MARYANNE
REGION CODE ADDRESS : 1343 PRAIRIE COURT
02 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 236,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,329.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.02200
-------------------------------------------------------------------
0 0007770696 MORTGAGORS: INMAN SAMUEL
INMAN JACQUELINE
REGION CODE ADDRESS : 13685 CAMPUS DRIVE 02
02 CITY : OAKLAND
STATE/ZIP : CA 94605
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 579,547.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,956.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.41700
-------------------------------------------------------------------
0 0007770704 MORTGAGORS: NG KEITH
NG SHIRLEY
REGION CODE ADDRESS : 7 CONNICK COURT
02 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,715.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,140.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.07100
-------------------------------------------------------------------
0 0007770712 MORTGAGORS: BREEZE WAYNE
BREEZE LOLA
REGION CODE ADDRESS : 7159 PINE RIDGE DRIVE
02 CITY : MEDFORD
STATE/ZIP : OR 97504
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 619,491.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,124.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.54300
-------------------------------------------------------------------
0 0007770720 MORTGAGORS: TURNER THOMAS
TURNER JANET
REGION CODE ADDRESS : 2346 EAST STRATFORD WAY
02 CITY : HIGHLANDS RANCH
STATE/ZIP : CO 80126
MORTGAGE AMOUNT : 293,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,480.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,005.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 86.71000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,060,650.00
P & I AMT: 13,841.87
UPB AMT: 2,058,564.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 236
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770738 MORTGAGORS: PHILLIPS JAMES
PHILLIPS PAMELA
REGION CODE ADDRESS : 9985 WILLEY COURT
02 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,768.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770746 MORTGAGORS: FLEMMER DOUGLAS
FLEMMER LANA
REGION CODE ADDRESS : 10756 WEST SHADOW ROCK RUN
01 CITY : LITTLETON
STATE/ZIP : CO 80125
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007770753 MORTGAGORS: KIRKPATRICK KEVIN
KIRKPATRICK DEBRA
REGION CODE ADDRESS : 744 EAST DESERT FLOWER LANE
02 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 395,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,583.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,667.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.97700
-------------------------------------------------------------------
0 0007770761 MORTGAGORS: CLARK KELLY
REGION CODE ADDRESS : 3707 SE COOPER STREET
02 CITY : PORTLAND
STATE/ZIP : OR 97202
MORTGAGE AMOUNT : 256,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,244.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,727.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
0 0007770779 MORTGAGORS: LEMAIRE DOUGLAS
LEMAIRE SUSAN
REGION CODE ADDRESS : 20032 WISSLER RANCH
02 CITY : COLORADO SPRINGS
STATE/ZIP : CO 80908
MORTGAGE AMOUNT : 333,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,926.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,216.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,546,550.00
P & I AMT: 10,297.19
UPB AMT: 1,545,043.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 237
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770787 MORTGAGORS: ALTSCHUL LAWRENCE
ALTSCHUL AVA
REGION CODE ADDRESS : 84 GREEN ISLES CIRCLE
02 CITY : HENDERSON
STATE/ZIP : NV 89014
MORTGAGE AMOUNT : 385,625.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,338.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,696.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 85.69444
-------------------------------------------------------------------
0 0007770811 MORTGAGORS: PARR ANDREW
PARR RUTH
REGION CODE ADDRESS : 3223 1ST ROAD NORTH
02 CITY : ARLINGTON
STATE/ZIP : VA 22201
MORTGAGE AMOUNT : 323,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,663.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770829 MORTGAGORS: BAL HARDEV
REGION CODE ADDRESS : 44247 OLDETOWN PLACE
02 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,922.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770845 MORTGAGORS: YLAGAN HEIDI
YLAGAN DENNIS
REGION CODE ADDRESS : 6148 ROSO STREET
02 CITY : SPRINGFIELD
STATE/ZIP : VA 22150
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,599.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,628.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770860 MORTGAGORS: CONOVER INEZ
BAILEY KATHLEEN
REGION CODE ADDRESS : 25 MARINERS WAY
02 CITY : MILLSBORO
STATE/ZIP : DE 19966
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,193.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,503,625.00
P & I AMT: 10,178.94
UPB AMT: 1,498,718.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 238
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770878 MORTGAGORS: MCLAUGHLIN PATRICK
MCLAUGHLIN KIMBERLY
REGION CODE ADDRESS : 287 E BROWNSBURG ROAD
02 CITY : WRIGHTSTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,233.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,600.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 70.00400
-------------------------------------------------------------------
0 0007770886 MORTGAGORS: MCPHERSON PAUL
MCPHERSON ANN
REGION CODE ADDRESS : 21362 SPARROW PLACE
02 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,537.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770894 MORTGAGORS: FOWLER WOODY
FOWLER SERIFE
REGION CODE ADDRESS : 7912 GREENBROOK COURT
02 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,727.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,208.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770910 MORTGAGORS: DAWES KENNETH
REGION CODE ADDRESS : 24 E 71ST STREET
02 CITY : INDIANAPOLIS
STATE/ZIP : IN 46220
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770928 MORTGAGORS: STALDER JAMES
STALDER REGINA
REGION CODE ADDRESS : 2898 FRANKLIN OAKS DRIVE
02 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,550,000.00
P & I AMT: 10,323.08
UPB AMT: 1,547,638.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 239
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770936 MORTGAGORS: BLAKE KIM
BLAKE MARIE
REGION CODE ADDRESS : 14511 SOUTH HILLS COURT
02 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,400.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770944 MORTGAGORS: OLIVER DAVID
OLIVER MELANIE
REGION CODE ADDRESS : 19758 DOEWOOD DRIVE
02 CITY : MONUMENT
STATE/ZIP : CO 80132
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770951 MORTGAGORS: BURKE JOHN
BURKE JULIE
REGION CODE ADDRESS : 6009 RUDYARD DRIVE
02 CITY : BETHESDA
STATE/ZIP : MD 20814
MORTGAGE AMOUNT : 263,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,389.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007770969 MORTGAGORS: ZHU XUN
LIU WEI
REGION CODE ADDRESS : 9140 WINDFLOWER DRIVE
02 CITY : ELLICOTT
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 353,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,633.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,379.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0007770977 MORTGAGORS: CURTIS WILLIAM
REGION CODE ADDRESS : 720 ASBURY AVENUE
02 CITY : EVANSTON
STATE/ZIP : IL 60202
MORTGAGE AMOUNT : 250,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,594.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,377,200.00
P & I AMT: 9,235.49
UPB AMT: 1,375,804.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 240
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007770985 MORTGAGORS: RICCI DONALD
RICCI E.
REGION CODE ADDRESS : 475 PALO VERDE LANE
02 CITY : NAPLES
STATE/ZIP : FL 34119
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.88900
-------------------------------------------------------------------
0 0007770993 MORTGAGORS: THOMAS JONATHAN
REGION CODE ADDRESS : 10275 SRINGSTONE RD.
02 CITY : MCCORDSVILLE
STATE/ZIP : IN 46055
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,590.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007771009 MORTGAGORS: JORDAN TIMOTHY
FORADORI LEAH
REGION CODE ADDRESS : 215 UPNOR ROAD
02 CITY : BALTIMORE
STATE/ZIP : MD 21212
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007771017 MORTGAGORS: BAZARIAN HARVEY
BAZARIAN BARBARA
REGION CODE ADDRESS : 11910 CRAYTON COURT
02 CITY : HERNDON
STATE/ZIP : VA 20170
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,780.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 62.19500
-------------------------------------------------------------------
0 0007771025 MORTGAGORS: SHEDLETSKY JOHN
SHEDLETSKY ANDREA
REGION CODE ADDRESS : 9 HAZLETT DRIVE
02 CITY : INDIAN BEACH
STATE/ZIP : DE 19971
MORTGAGE AMOUNT : 351,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,268.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,368.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.13900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,565,550.00
P & I AMT: 10,369.99
UPB AMT: 1,564,049.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 241
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031214323 MORTGAGORS: JOBANPUTRA KAMAL
REGION CODE ADDRESS : 3 FURLONG COURT (LOT #279)
01 CITY : HOLLAND
STATE/ZIP : PA 18966
MORTGAGE AMOUNT : 321,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,316.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,059.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.32400
-------------------------------------------------------------------
0 0031230576 MORTGAGORS: GREENMAN FREDERIC
GREENMAN JOCELYN
REGION CODE ADDRESS : 80 0 LITTLE ISLAND ROAD
01 CITY : FALMOUTH
STATE/ZIP : MA 02574
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,828.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,216.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.76900
-------------------------------------------------------------------
0 0031260342 MORTGAGORS: SCHUPAK GENNADY
SCHUPAK ELLEN
REGION CODE ADDRESS : 104 MARION DRIVE
01 CITY : WEST WINDSOR
STATE/ZIP : NJ 08550
MORTGAGE AMOUNT : 463,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,572.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,323.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 89.78700
-------------------------------------------------------------------
0 0031373715 MORTGAGORS: TOYOS RAMON
BARTOLOMEO TERESITA
REGION CODE ADDRESS : 2730 SW 110 AVENUE
01 CITY : MIAMI
STATE/ZIP : FL 33165
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,055.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.20661
-------------------------------------------------------------------
0 0031403728 MORTGAGORS: WOOD VICTOR
WOOD MARTHA
REGION CODE ADDRESS : 2639 ENGLISH OAK DR
01 CITY : ANN ARBOR
STATE/ZIP : MI 48103
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 78.78700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,700,500.00
P & I AMT: 11,477.82
UPB AMT: 1,671,493.32
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 242
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031410640 MORTGAGORS: MILLER ROBERT
MILLER GAIL
REGION CODE ADDRESS : 5208 PALM DR
01 CITY : LA CANADA FLINTRIDGE
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 546,233.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,845.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.34240
-------------------------------------------------------------------
0 0031413347 MORTGAGORS: OLSON MITCHELL
OLSON JENNIFER
REGION CODE ADDRESS : 11021 YUKON CIRCLE
01 CITY : BLOOMINGTON
STATE/ZIP : MN 55438
MORTGAGE AMOUNT : 465,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,135.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,255.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031446446 MORTGAGORS: GREEN MARK
GREEN BARBARA
REGION CODE ADDRESS : 209 FAIRFIELD LANE
01 CITY : HILLSBOROUGH TOWNSHIP
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 297,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,868.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.97500
-------------------------------------------------------------------
0 0031449036 MORTGAGORS: CHIEFFALO PASQUALE
CHIEFFALO MELISSA
REGION CODE ADDRESS : 23 WOODHAVEN DRIVE
01 CITY : FRANKLIN
STATE/ZIP : MA 02038
MORTGAGE AMOUNT : 244,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,592.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 78.74100
-------------------------------------------------------------------
0 0031493232 MORTGAGORS: TOOLE JANET
REGION CODE ADDRESS : 105 BEAUFORT COURT
01 CITY : PHOENIXVILLE
STATE/ZIP : PA 19460
MORTGAGE AMOUNT : 286,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,112.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,979.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.96000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,843,350.00
P & I AMT: 12,876.99
UPB AMT: 1,835,942.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 243
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031495633 MORTGAGORS: DIMARINO FRANK
DIMARINO SUSAN
REGION CODE ADDRESS : 1204 WILMINGTON ISLAND ROAD
01 CITY : SAVANNAH
STATE/ZIP : GA 31410
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,774.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,315.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031533235 MORTGAGORS: ZIPPERSTEIN EDDIE
ZIPPERSTEIN DANA
REGION CODE ADDRESS : 6655 TOWER CIRCLE DRIVE
01 CITY : LINCOLNWOOD
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 415,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,150.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,729.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.01600
-------------------------------------------------------------------
0 0031555147 MORTGAGORS: WESTWELL GILBERT
WESTWELL LEE
REGION CODE ADDRESS : 103 ORIOLE DRIVE
01 CITY : BIG BEAR LAKE
STATE/ZIP : CA 92315
MORTGAGE AMOUNT : 240,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,244.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 48.60600
-------------------------------------------------------------------
0 0031565047 MORTGAGORS: LONERGAN MICHAEL
LONERGAN JULIA
REGION CODE ADDRESS : 22 VARSITY BOULEVARD
01 CITY : E. SETAUKET
STATE/ZIP : NY 11733
MORTGAGE AMOUNT : 287,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,981.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031585946 MORTGAGORS: REIMUND KENNETH
REIMUND JANET
REGION CODE ADDRESS : 1414 MERLIN CIRCLE
01 CITY : AUDUBON
STATE/ZIP : PA 19403
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,711.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,172.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.94300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,758,300.00
P & I AMT: 11,945.74
UPB AMT: 1,753,863.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 244
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031592025 MORTGAGORS: STELLAS DEAN
STELLAS GAYLE
REGION CODE ADDRESS : 900 WOODLAND DRIVE
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,631.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,219.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031597917 MORTGAGORS: NEIBERG MARC
NEIBERG MICHELLE
REGION CODE ADDRESS : 499 RAMBLEWOOD DRIVE
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 367,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,191.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,414.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031602642 MORTGAGORS: PIKUS RUBIN
PIKUS SHARON
REGION CODE ADDRESS : 5 LAVENDERS COURT
01 CITY : MANHASSET
STATE/ZIP : NY 11030
MORTGAGE AMOUNT : 970,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 967,093.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,782.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 69.28571
-------------------------------------------------------------------
0 0031605645 MORTGAGORS: DOWNEY STEVEN
DOWNEY THERESA
REGION CODE ADDRESS : 5109 EAST GREENBORO LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 281,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,261.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031609662 MORTGAGORS: TANNER HUGH
TANNER ANGELA
REGION CODE ADDRESS : 3411 CAMINO CORTE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 426,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,535.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,128.78 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 89.99000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,517,500.00
P & I AMT: 17,466.26
UPB AMT: 2,511,714.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 245
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031612906 MORTGAGORS: THOMPSON DANIEL
THOMPSON JUDITH
REGION CODE ADDRESS : 18806 FARNHAM COURT
01 CITY : LEESBURG
STATE/ZIP : VA 20176
MORTGAGE AMOUNT : 249,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,179.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,596.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031615206 MORTGAGORS: GLOECKNER CHARLES
GLOECKNER KIRSTEN
REGION CODE ADDRESS : 20750 QUIET BROOK PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 251,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,328.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,610.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99682
-------------------------------------------------------------------
0 0031616774 MORTGAGORS: ZACCARIA JOSEPH
ZACCARIA KRISTINE
REGION CODE ADDRESS : 22 INDIAN SPRING DRIVE
01 CITY : OAK RIDGE
STATE/ZIP : NJ 07438
MORTGAGE AMOUNT : 262,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,479.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,725.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 92.66300
-------------------------------------------------------------------
0 0031620081 MORTGAGORS: FITZMAURICE WILLIAM
REGION CODE ADDRESS : 46 LOCKWOOD LANE
01 CITY : NORWALK
STATE/ZIP : CT 06851
MORTGAGE AMOUNT : 245,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,945.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031631070 MORTGAGORS: CLARK DREW
CLARK SARA
REGION CODE ADDRESS : 41 DEER RIDGE
01 CITY : GUILFORD
STATE/ZIP : CT 06437
MORTGAGE AMOUNT : 327,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,167.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,177.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,336,600.00
P & I AMT: 8,807.60
UPB AMT: 1,334,100.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 246
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031647787 MORTGAGORS: POWERS DENNIS
MCGOWAN KRISTEN
REGION CODE ADDRESS : 21 COOKS FARM RD
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 : 2,672.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031659758 MORTGAGORS: GOETSCH PETER
GOETSCH KAREN
REGION CODE ADDRESS : 5910 BRUCE DRIVE
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 800,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 798,150.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,662.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 53.33300
-------------------------------------------------------------------
0 0031660723 MORTGAGORS: FEUER PAUL
FEUER LAURA
REGION CODE ADDRESS : 14794 ROLLING ROCK PLACE
01 CITY : WELLINGTON
STATE/ZIP : FL 33414
MORTGAGE AMOUNT : 370,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 368,863.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,555.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.27200
-------------------------------------------------------------------
0 0031665409 MORTGAGORS: LANEUVILLE ERIC
REGION CODE ADDRESS : 22552 ZALTANA STREET
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 950,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 950,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,320.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 65.51700
-------------------------------------------------------------------
0 0031667843 MORTGAGORS: VALENCIA MARIA
VALENCIA NATIVIDAD
REGION CODE ADDRESS : 3626 JOCELYN STREET
01 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,811.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,799,500.00
P & I AMT: 19,206.51
UPB AMT: 2,795,825.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 247
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031669179 MORTGAGORS: ALLEN STUART
REGION CODE ADDRESS : 1 VICTORIA WAY
01 CITY : SOUTH BRUNSWICK
STATE/ZIP : NJ 08824
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.73000
-------------------------------------------------------------------
0 0031671803 MORTGAGORS: GRIFFIN JEFFREY
GRIFFIN SUSAN
REGION CODE ADDRESS : 3380 GAIL CIRCLE
01 CITY : DOYLESTOWN
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,774.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031672512 MORTGAGORS: DANCY REGINALD
DANCY KAREN
REGION CODE ADDRESS : 10300 TWIN KNOLL WAY
01 CITY : UPPER MARLBORO
STATE/ZIP : MD 20772
MORTGAGE AMOUNT : 243,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,360.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.98459
-------------------------------------------------------------------
0 0031672702 MORTGAGORS: NANNEY JOSEPH
NANNEY ELAINE
REGION CODE ADDRESS : 205 OAK PARK DRIVE
01 CITY : CHAPEL HILL
STATE/ZIP : NC 27514
MORTGAGE AMOUNT : 310,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,868.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,118.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.64500
-------------------------------------------------------------------
0 0031673882 MORTGAGORS: COUNCIL RONALD
REGION CODE ADDRESS : 117 SPA VIEW AVENUE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 700,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,834.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 58.33300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,758,150.00
P & I AMT: 11,988.27
UPB AMT: 1,757,002.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 248
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031678618 MORTGAGORS: SHARLACH HARRY
SHARLACH JUDITH
REGION CODE ADDRESS : 18 RIDGECREST WEST
01 CITY : SCARSDALE
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 478,668.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,274.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.17000
-------------------------------------------------------------------
0 0031693872 MORTGAGORS: REBBER DENNIS
REBBER ANGELA
REGION CODE ADDRESS : 18810 FARNHAM COURT
01 CITY : LEESBURG
STATE/ZIP : VA 22076
MORTGAGE AMOUNT : 243,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98600
-------------------------------------------------------------------
0 0031695091 MORTGAGORS: DIAZ FREDRICK
DIAZ JEANNENE
REGION CODE ADDRESS : 16066 GREEN VALLEY TRUCK TRAIL
01 CITY : RAMONA
STATE/ZIP : CA 92065
MORTGAGE AMOUNT : 294,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,984.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.65000
-------------------------------------------------------------------
0 0031695968 MORTGAGORS: CANARY WILLIAM
CANARY LINDA
REGION CODE ADDRESS : 9925 SW 57 COURT,
01 CITY : MIAMI
STATE/ZIP : FL 33156
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,055.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.82900
-------------------------------------------------------------------
0 0031699911 MORTGAGORS: WARD ANDREW
HORNE LESLIE
REGION CODE ADDRESS : 250 KELBOURNE AVE
01 CITY : SLEEPY HOLLOW
STATE/ZIP : NY 10591
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,680.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.88888
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,718,100.00
P & I AMT: 11,661.74
UPB AMT: 1,715,503.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 249
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031706484 MORTGAGORS: FINE ROBERT
DUNCAN ELIZABETH
REGION CODE ADDRESS : 8 LEDGEWOOD LANE
01 CITY : BRIARCLIFF,
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,386.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,674.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031709454 MORTGAGORS: POORE GEORGE
POORE RHONDA
REGION CODE ADDRESS : 7030 NATELLI WOODS LANE
01 CITY : BETHESDA
STATE/ZIP : MD 21007
MORTGAGE AMOUNT : 820,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 819,327.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,455.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 68.33300
-------------------------------------------------------------------
0 0031711062 MORTGAGORS: MINER JULIE
REGION CODE ADDRESS : 11 MAURICE ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02481
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,768.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031711427 MORTGAGORS: YATES JACK
YATES LINDA
REGION CODE ADDRESS : 2840 EDGE HILL ROAD
01 CITY : HUNTINGTON VALLEY
STATE/ZIP : PA 19006
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,577.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031712292 MORTGAGORS: HESS WILLIAM
HESS LAURA
REGION CODE ADDRESS : 117 HIGH PINES RIDGE
01 CITY : FAIRHOPE
STATE/ZIP : AL 36532
MORTGAGE AMOUNT : 293,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,009.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,101,250.00
P & I AMT: 14,247.93
UPB AMT: 2,099,069.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 250
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031713548 MORTGAGORS: AIENA JOSEPH
REGION CODE ADDRESS : 258 HALF MOON CT
01 CITY : WEST NEW YORK
STATE/ZIP : NJ 07093
MORTGAGE AMOUNT : 282,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,779.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,973.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 91.03200
-------------------------------------------------------------------
0 0031714306 MORTGAGORS: COHEN RALPH
COHEN LESLIE
REGION CODE ADDRESS : 619 ORCHARD LANE
01 CITY : GLENCOE
STATE/ZIP : IL 60022
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,480.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,379.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.33600
-------------------------------------------------------------------
0 0031715212 MORTGAGORS: LONGORIA JOSEPH
LONGORIA BRENDA
REGION CODE ADDRESS : 14341 CLUB CIRCLE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,131.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0031715733 MORTGAGORS: MAYBERG MARC
MAYBERG TERESA
REGION CODE ADDRESS : 600 NORTH MAIN STREET
01 CITY : CHAGRIN TWP.
STATE/ZIP : OH 44022
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 996,772.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,737.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 66.66600
-------------------------------------------------------------------
0 0031716194 MORTGAGORS: NEEDLES THAYNE
WILKENS ANDREA
REGION CODE ADDRESS : 20571 COURIER RIDGE PLACE
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 243,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,400.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,620.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98600
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,526,800.00
P & I AMT: 17,045.45
UPB AMT: 2,521,564.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 251
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031719644 MORTGAGORS: LUBARSKY GARET
LUBARSKY MARCEE
REGION CODE ADDRESS : 25501 FOGGY GLEN DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 261,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,510.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
0 0031720782 MORTGAGORS: POTRUCH ALEXANDER
SWERSKY JOAN
REGION CODE ADDRESS : 200 SCUDDERS LANE
01 CITY : ROSLYN HARBOR
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,433.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 63.49206
-------------------------------------------------------------------
0 0031722036 MORTGAGORS: HOWELL CHARLES
HOWELL ELIZABETH
REGION CODE ADDRESS : 20508 STRAHAM WAY
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 335,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0031723133 MORTGAGORS: GRAY ERIK
GRAY MARY
REGION CODE ADDRESS : 2125 PETERSBURG STREET
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,287.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031726268 MORTGAGORS: CHIARELLI JOHN
CHIARELLI VALENTINA
REGION CODE ADDRESS : 3903 CENTRAL AVENUE
01 CITY : OCEAN CITY
STATE/ZIP : NJ 08226
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,154.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,376.00 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,582,900.00
P & I AMT: 10,982.22
UPB AMT: 1,580,885.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 252
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031727373 MORTGAGORS: FREEMAN CALVIN
FREEMAN KAREN
REGION CODE ADDRESS : 26030 GLASGOW DRIVE
01 CITY : SOUTH RIDING
STATE/ZIP : VA 20152
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,269.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.94900
-------------------------------------------------------------------
0 0031728751 MORTGAGORS: BROUS CHRISTOPHER
BROUS ELLEN
REGION CODE ADDRESS : 3101 APPIAN WAY
01 CITY : BOWIE
STATE/ZIP : MD 20716
MORTGAGE AMOUNT : 243,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,648.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,659.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031730229 MORTGAGORS: HANLON TERRENCE
HANLON SUSAN
REGION CODE ADDRESS : 25 TIMBER RIDGE DRIVE
01 CITY : HAUPPAUGE
STATE/ZIP : NY 11788
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.72700
-------------------------------------------------------------------
0 0031732415 MORTGAGORS: VILLEGAS ROBERTO
VILLEGAS MARIA
REGION CODE ADDRESS : 9264 WARWICK WOODS CT
01 CITY : GRAND BLANC
STATE/ZIP : MI 48439
MORTGAGE AMOUNT : 913,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 910,739.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,383.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 68.90566
-------------------------------------------------------------------
0 0031732779 MORTGAGORS: SCHAFER RANDY
SCHAFER ALICE
REGION CODE ADDRESS : 11716 SUNDANCE TRAIL
01 CITY : MOKENA
STATE/ZIP : IL 60448
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.35700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,950,700.00
P & I AMT: 13,393.48
UPB AMT: 1,947,251.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 253
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031734924 MORTGAGORS: MANDRY JOSEPH
MANDRY MARGARET
REGION CODE ADDRESS : 6152 CENTURY HILLS DRIVE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 436,981.00 OPTION TO CONVERT :
UNPAID BALANCE : 436,330.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,055.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
0 0031735913 MORTGAGORS: SHAPIRO PHILIP
RINGLER MILTON
REGION CODE ADDRESS : 66 ELM AVENUE
01 CITY : LARCHMONT
STATE/ZIP : NY 10538
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,044.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,873.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031739790 MORTGAGORS: JOHNSON STEVE
JOHNSON ROSAN
REGION CODE ADDRESS : 7 NORTH MIDDLERIDGE LANE
01 CITY : ROLLING HILLS
STATE/ZIP : CA 90274
MORTGAGE AMOUNT : 741,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 740,362.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,806.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 015
LTV : 65.86600
-------------------------------------------------------------------
0 0031740624 MORTGAGORS: HAMBLEN BRAYTON
HAMBLEN LYNNORE
REGION CODE ADDRESS : 18818 FARNHAM COURT
01 CITY : LEESBURG
STATE/ZIP : VA 20176
MORTGAGE AMOUNT : 262,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0031741317 MORTGAGORS: RATNER WILLA
RATNER JEREMIAH
REGION CODE ADDRESS : 320 CLUB ROAD
01 CITY : STAMFORD
STATE/ZIP : CT 06905
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.66100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,138,581.00
P & I AMT: 14,290.53
UPB AMT: 2,135,861.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 254
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031744741 MORTGAGORS: SULLIVAN WILLIAM
SULLIVAN DENISE
REGION CODE ADDRESS : 54 FORGE LANE
01 CITY : MARSHFIELD
STATE/ZIP : MA 02050
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,617.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 67.50000
-------------------------------------------------------------------
0 0031745037 MORTGAGORS: HOFSTEDE SCOTT
HOFSTEDE ABIGAIL
REGION CODE ADDRESS : 25515 CONLEY DOWNS DRIVE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 249,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98600
-------------------------------------------------------------------
0 0031745839 MORTGAGORS: ROBINSON TIMOTHY
REGION CODE ADDRESS : 309 AVENIDA MADRID
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 370,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,926.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031746639 MORTGAGORS: LUPIEN JOHN
DONAWA MARIA
REGION CODE ADDRESS : THAXTER LANE
01 CITY : EDGARTOWN
STATE/ZIP : MA 02539
MORTGAGE AMOUNT : 339,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,707.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,400.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031747454 MORTGAGORS: MARRINER DAVID
MARRINER NANCY
REGION CODE ADDRESS : 1570 VIVIAN LANE
01 CITY : INCLINE VILLAGE
STATE/ZIP : NV 89451
MORTGAGE AMOUNT : 545,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 543,684.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,671.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 32.05800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,774,100.00
P & I AMT: 12,193.70
UPB AMT: 1,771,036.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 255
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031747827 MORTGAGORS: PHILLIPS WILLIAM
PHILLIPS WANDRA
REGION CODE ADDRESS : 4699 LIONSHEAD CIRLCE
01 CITY : LITHONIA
STATE/ZIP : GA 30038
MORTGAGE AMOUNT : 251,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,856.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0031748361 MORTGAGORS: KYLE KEITH
DUPRE GERALD
REGION CODE ADDRESS : 4555 WINDSOR PARK PLACE
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.63400
-------------------------------------------------------------------
0 0031749120 MORTGAGORS: BACHIERO KENNETH
BACHIERO ANN
REGION CODE ADDRESS : 23 CAMEO DRIVE
01 CITY : ALISO VIEJO AREA
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,363.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031749302 MORTGAGORS: ROHRECKER ALLISON
REGION CODE ADDRESS : 43 TAYLOR ROAD
01 CITY : HUNTINGTON
STATE/ZIP : NY 11743
MORTGAGE AMOUNT : 487,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 486,610.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,281.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.11100
-------------------------------------------------------------------
0 0031749880 MORTGAGORS: RAMON MARITZA
REGION CODE ADDRESS : 2728 GRANVILLE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,344.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.83000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,587,250.00
P & I AMT: 10,815.83
UPB AMT: 1,584,486.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 256
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031749930 MORTGAGORS: HOMEIER WILLIAM
HOMEIER IRENE
REGION CODE ADDRESS : 23300 W. SUMMERGLEN PLACE
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,764.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.50000
-------------------------------------------------------------------
0 0031750615 MORTGAGORS: MADDEN SUSAN
MADDEN WILLIAM
REGION CODE ADDRESS : 532 KINGSLEY TRAIL
01 CITY : BLOOMFIELD HILLS
STATE/ZIP : MI 48304
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 366,487.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,573.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.15600
-------------------------------------------------------------------
0 0031752108 MORTGAGORS: DENNY WILLIAM
DENNY PAMELA
REGION CODE ADDRESS : 2222 NORTH LEMON STREET
01 CITY : MESA
STATE/ZIP : AZ 85215
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,056.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0031752678 MORTGAGORS: HOOLEY STEPHEN
HOOLEY NANCY
REGION CODE ADDRESS : 149 ATLANTIC AVENUE
01 CITY : WELLS
STATE/ZIP : ME 04090
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.28915
-------------------------------------------------------------------
0 0031753007 MORTGAGORS: TURNBULL CHARLES
TURNBULL PATRICIA
REGION CODE ADDRESS : 1006 N. ELM TREE ROAD
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 900,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 899,297.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,139.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 63.49206
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,492,000.00
P & I AMT: 17,162.55
UPB AMT: 2,488,376.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 257
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031753858 MORTGAGORS: BELL PETER
BELL ELIZABETH
REGION CODE ADDRESS : 200 LAFAYETTE AVENUE
01 CITY : ORELAND
STATE/ZIP : PA 19075
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031754021 MORTGAGORS: SELIGER ISAAC
SELIGER KATHRYN
REGION CODE ADDRESS : 4554 143RD AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031754427 MORTGAGORS: ANDRADE FRANCIS
STODDARD ELINOR
REGION CODE ADDRESS : 17 KATHLEEN DR
01 CITY : STRATFORD
STATE/ZIP : CT 06497
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,405.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031755374 MORTGAGORS: POWERS KIMBERLEY
SVOBODA FRANK
REGION CODE ADDRESS : 1015-1019 W. JACKSON #3B
01 CITY : CHICAGO
STATE/ZIP : IL 60607
MORTGAGE AMOUNT : 244,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,407.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031758121 MORTGAGORS: FUGATE THOMAS
FUGATE ALISON
REGION CODE ADDRESS : 11954 W APPLEWOOD KNOLLS DRIVE
01 CITY : LAKEWOOD
STATE/ZIP : CO 80215
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,774.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.30100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,359,800.00
P & I AMT: 9,162.41
UPB AMT: 1,358,116.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 258
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031760275 MORTGAGORS: BRUECHERT ROBERT
BRUECHERT NANCY
REGION CODE ADDRESS : 22 CONSHOHOCKEN STATE ROAD
01 CITY : GLADWYNE
STATE/ZIP : PA 19035
MORTGAGE AMOUNT : 518,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,402.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.10500
-------------------------------------------------------------------
0 0031763543 MORTGAGORS: AFZALI TORYALAI
AFZALI LESLIE
REGION CODE ADDRESS : 1709 LYNNGROVE DRIVE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 288,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,059.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.93500
-------------------------------------------------------------------
0 0031764657 MORTGAGORS: LESTER JAMES
LESTER VICKY
REGION CODE ADDRESS : 2520 CALLE DEL SOL
01 CITY : SANTA FEE
STATE/ZIP : NM 87501
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.83300
-------------------------------------------------------------------
0 0031765134 MORTGAGORS: LEVINSON JAMES
LEVINSON LESLIE
REGION CODE ADDRESS : 5198 MONTESSA ST
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,877.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031765365 MORTGAGORS: TOUEY JOSEPH
TOUEY ELIZABETH
REGION CODE ADDRESS : 1516 E WOODBANK WAY
01 CITY : WEST CHESTER
STATE/ZIP : PA 19380
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.52800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,813,900.00
P & I AMT: 12,274.02
UPB AMT: 1,812,412.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 259
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031765456 MORTGAGORS: HOFFMAN EDWARD
THOMAS EVA
REGION CODE ADDRESS : 652 RAVEL COURT
01 CITY : LAS VEGAS
STATE/ZIP : NV 89117
MORTGAGE AMOUNT : 535,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 533,579.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,561.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0031765514 MORTGAGORS: WERZ ROBERT
PAGET-WERZ KRISTIE
REGION CODE ADDRESS : 306 PROSPECT AVENUE
01 CITY : SEA CLIFF
STATE/ZIP : NY 11579
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,340.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,983.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031766157 MORTGAGORS: MANAHAN DAVID
MANAHAN CATHY
REGION CODE ADDRESS : 1554 MAIN ROAD
01 CITY : WESTPORT
STATE/ZIP : MA 02790
MORTGAGE AMOUNT : 264,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031766165 MORTGAGORS: GEBEROVICH PAVEL
GEBEROVICH LYUBOV
REGION CODE ADDRESS : 103 NELLIS DR
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,762.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031766678 MORTGAGORS: WHALEY MICHAEL
WHALEY NORMA
REGION CODE ADDRESS : 5 TERRILL DRIVE
01 CITY : CALIFON
STATE/ZIP : NJ 07830
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,795.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.79310
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,762,450.00
P & I AMT: 12,097.45
UPB AMT: 1,759,577.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 260
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031767577 MORTGAGORS: DOHERTY JOHN
DOHERTY CAROLYN
REGION CODE ADDRESS : 25010 BANI AVENUE
01 CITY : LOMITA
STATE/ZIP : CA 90717
MORTGAGE AMOUNT : 270,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,533.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031768203 MORTGAGORS: COUTURE LEO
COUTURE VALERIE
REGION CODE ADDRESS : 27 BUTTERNUT ROAD EXTENSION
01 CITY : WAKEFIELD
STATE/ZIP : MA 01880
MORTGAGE AMOUNT : 327,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,127.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,236.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.86600
-------------------------------------------------------------------
0 0031768252 MORTGAGORS: BRUMBERGER KENNETH
BRUMBERGER SAMANTHA
REGION CODE ADDRESS : 1136 TOWER LANE EAST
01 CITY : PENN VALLEY
STATE/ZIP : PA 19072
MORTGAGE AMOUNT : 371,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,534.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031768765 MORTGAGORS: HARRIS RONALD
HARRIS DONA
REGION CODE ADDRESS : 12123 GUINEVERE PLACE
01 CITY : GLENN DALE
STATE/ZIP : MD 20769
MORTGAGE AMOUNT : 265,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,182.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,765.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.99400
-------------------------------------------------------------------
0 0031768989 MORTGAGORS: FOX DANIEL
FOX LILLIAN
REGION CODE ADDRESS : 65 FLANAGAN DRIVE
01 CITY : FRAMINGHAM
STATE/ZIP : MA 01701
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.84700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,510,650.00
P & I AMT: 10,237.62
UPB AMT: 1,509,229.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 261
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031769540 MORTGAGORS: BURKHART-DICK KAREN
DICK TIMOTHY
REGION CODE ADDRESS : 2758 GROVE STREET
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,753.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.84800
-------------------------------------------------------------------
0 0031771074 MORTGAGORS: LEONARD JOHN
LEONARD MARY
REGION CODE ADDRESS : 25 STANLEY ROAD
01 CITY : MARBLEHEAD
STATE/ZIP : MA 01945
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98400
-------------------------------------------------------------------
0 0031771140 MORTGAGORS: BAXTER LORI
REGION CODE ADDRESS : 18 BRIDLEWOOD CT
01 CITY : CARTERSVILLE
STATE/ZIP : GA 30120
MORTGAGE AMOUNT : 264,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,143.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0031771462 MORTGAGORS: AZAMI AHARON
AZAMI GARCIA
REGION CODE ADDRESS : 11759 HARTSOOK STREET
01 CITY : NORTH HOLLYWOOD
STATE/ZIP : CA 91607
MORTGAGE AMOUNT : 455,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,065.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 62.75800
-------------------------------------------------------------------
0 0031771959 MORTGAGORS: BARDWELL JOHN
BARDWELL SUE
REGION CODE ADDRESS : 4023 BON HOMME ROAD
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,515.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.43500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,350.00
P & I AMT: 11,019.81
UPB AMT: 1,631,170.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 262
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031772627 MORTGAGORS: REECE ANTHONY
JOHNSON-REECE NICOLE
REGION CODE ADDRESS : 11 POWELL DRIVE
01 CITY : WEST ORANGE
STATE/ZIP : NJ 07052
MORTGAGE AMOUNT : 294,405.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,405.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,134.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031773062 MORTGAGORS: D'AMORE ANTHONY
D'AMORE TAMMY
REGION CODE ADDRESS : 62 NOMAHEGAN DRIVE
01 CITY : WESTFIELD
STATE/ZIP : NJ 07090
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.66600
-------------------------------------------------------------------
0 0031773138 MORTGAGORS: FRIEDLAND LESLIE
FRIEDLAND DEBBIE
REGION CODE ADDRESS : 37 MOHAWK AVENUE
01 CITY : OCEANPORT
STATE/ZIP : NJ 07757
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.36300
-------------------------------------------------------------------
0 0031773153 MORTGAGORS: KOSTOPOULOS DIMITRIOS
REGION CODE ADDRESS : 122 YALE STREET
01 CITY : ROSYLN HEIGHTS
STATE/ZIP : NY 11577
MORTGAGE AMOUNT : 360,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,220.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,707.95 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031773617 MORTGAGORS: WEISBERGER ADAM
WEISBERGER KAY
REGION CODE ADDRESS : 8 JENNY JUMP CT.
01 CITY : FLEMINGTON
STATE/ZIP : NJ 08822
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.72000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,671,855.00
P & I AMT: 11,789.22
UPB AMT: 1,671,116.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 263
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031773690 MORTGAGORS: MANLEY RICHARD
MANLEY KATHLEEN
REGION CODE ADDRESS : 18324 COPELAND WAY
01 CITY : DAVIDSON
STATE/ZIP : NC 28036
MORTGAGE AMOUNT : 333,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,064.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,247.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031775166 MORTGAGORS: PORTER GREGORY
PORTER HOLLY
REGION CODE ADDRESS : 220 OTIS ROAD
01 CITY : BARRINGTON HILLS
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 910,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 909,341.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,440.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 015
LTV : 70.00000
-------------------------------------------------------------------
0 0031776842 MORTGAGORS: ALT NEIL
ALT MAURA
REGION CODE ADDRESS : 6334 BROAD STREET
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,384.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031778277 MORTGAGORS: NWANKPA CHIKAODINAKA
REGION CODE ADDRESS : 2419 SOUTH STREET
01 CITY : PHILADELPHIA,
STATE/ZIP : PA 19146
MORTGAGE AMOUNT : 271,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,077.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99299
-------------------------------------------------------------------
0 0031779200 MORTGAGORS: KILLERMAN KEVIN
REGION CODE ADDRESS : 1939 N. BISSELL
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,677.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,455.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,214,100.00
P & I AMT: 15,177.35
UPB AMT: 2,211,545.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 264
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031779952 MORTGAGORS: LENKIN HARVEY
LENKIN HEATHER
REGION CODE ADDRESS : 1112 LAGUNITA ROAD
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 620,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 619,491.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,124.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.88800
-------------------------------------------------------------------
0 0031780018 MORTGAGORS: MYERS WILLIAM
MYERS KATHLEEN
REGION CODE ADDRESS : 3592 LANDMARK TRAIL
01 CITY : PALM HARBOUR
STATE/ZIP : FL 34684
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,802.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 47.07900
-------------------------------------------------------------------
0 0031780224 MORTGAGORS: HALLAMBAUER KATHARINE
REGION CODE ADDRESS : 21515 DICKERSON ROAD
01 CITY : DICKERSON
STATE/ZIP : MD 20842
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,101.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.82300
-------------------------------------------------------------------
0 0031780653 MORTGAGORS: SERAFIN RAYMOND
SERAFIN KAREN
REGION CODE ADDRESS : 2034 PINEHURST STREET,
01 CITY : GLENDORA,
STATE/ZIP : CA 91741
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,686.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 67.94500
-------------------------------------------------------------------
0 0031781263 MORTGAGORS: FREELAND DAVID
FREELAND BETH
REGION CODE ADDRESS : 54 UNION PARK
01 CITY : BOSTON
STATE/ZIP : MA 02118
MORTGAGE AMOUNT : 559,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 558,563.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,813.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.64276
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,993,000.00
P & I AMT: 13,651.15
UPB AMT: 1,990,646.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 265
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031782618 MORTGAGORS: YAEGGI BRENT
YAEGGI URSULA
REGION CODE ADDRESS : N9663 BOJE COURT
01 CITY : WATERTOWN
STATE/ZIP : WI 53094
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.38400
-------------------------------------------------------------------
0 0031782840 MORTGAGORS: NGUYEN MINH-HIEN
ZIAJA THOMAS
REGION CODE ADDRESS : 4300 CROSS VALLEY RUN
01 CITY : AUSTIN
STATE/ZIP : TX 78731
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031783004 MORTGAGORS: OWEN JOHN
OWEN BARBARA
REGION CODE ADDRESS : 101 HUNT LANE
01 CITY : SKILLMAN
STATE/ZIP : NJ 08558
MORTGAGE AMOUNT : 312,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,187.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031783509 MORTGAGORS: TEKLINSKI C.
SHUDDE ATHENA
REGION CODE ADDRESS : 4479 MONAHAN ROAD
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,802.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0031783525 MORTGAGORS: HOLMES WILLIAM
HOLMES CAROL
REGION CODE ADDRESS : 4964 CRANLEIGH COURT
01 CITY : POWELL
STATE/ZIP : OH 43065
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,031.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.62600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,585,800.00
P & I AMT: 10,787.60
UPB AMT: 1,585,368.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 266
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031783699 MORTGAGORS: CHOW CATHY
REGION CODE ADDRESS : 3460 SOUTH WINCHESTER WAY
01 CITY : ROWLAND HEIGHTS AREA
STATE/ZIP : CA 91748
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.90000
-------------------------------------------------------------------
0 0031783962 MORTGAGORS: TIGHE THOMAS
TIGHE RAEANN
REGION CODE ADDRESS : 2 TORY LANE (LOT 39)
01 CITY : NORTHBORO
STATE/ZIP : MA 01532
MORTGAGE AMOUNT : 375,680.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,394.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031784598 MORTGAGORS: WIAKSNIS BRYAN
REGION CODE ADDRESS : 35 HILLDALE RD
01 CITY : ALBERTSON
STATE/ZIP : NY 11507
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031784747 MORTGAGORS: DEHNING WILLIAM
DEHNING MARGARET
REGION CODE ADDRESS : 708 W 38TH STREET
01 CITY : LOS ANGELES (SAN PEDRO AR
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 318,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,650.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,172.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031784788 MORTGAGORS: WHEELER JOHN
WHEELER BRENDA
REGION CODE ADDRESS : 12030 CIRCLE DRIVE EAST
01 CITY : HOUSTON
STATE/ZIP : TX 77071
MORTGAGE AMOUNT : 261,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,600.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.15100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,606,880.00
P & I AMT: 11,043.90
UPB AMT: 1,604,993.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 267
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031784945 MORTGAGORS: SOBEK SABINE
REGION CODE ADDRESS : 195 N.HARBOR DRIVE #2803
01 CITY : CHICAGO
STATE/ZIP : IL 60601
MORTGAGE AMOUNT : 297,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,274.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,052.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.86146
-------------------------------------------------------------------
0 0031785256 MORTGAGORS: HIMSTEAD TODD
HIMSTEAD LINDSEY
REGION CODE ADDRESS : 18 HILL TOP ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,801.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.91000
-------------------------------------------------------------------
0 0031785538 MORTGAGORS: HIRANI BACHU
HIRANI KOKILA
REGION CODE ADDRESS : 29 HATHAWAY ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,722.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.89900
-------------------------------------------------------------------
0 0031785611 MORTGAGORS: CARBONE THOMAS
CARBONE MARY KAY
REGION CODE ADDRESS : 4 STRAITSMOUTH WAY
01 CITY : ROCKPORT
STATE/ZIP : MA 01966
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,375.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.36100
-------------------------------------------------------------------
0 0031785926 MORTGAGORS: ARMOUR A.
ARMOUR MARY
REGION CODE ADDRESS : 1478 THRASHER LANE
01 CITY : WICKENBURG
STATE/ZIP : AZ 85390
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,359.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.23600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,586,200.00
P & I AMT: 10,797.01
UPB AMT: 1,582,533.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 268
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031785942 MORTGAGORS: PEARSON JAY
PERRONE CARMEL
REGION CODE ADDRESS : 1518 FOREST AVENUE
01 CITY : RIVER FOREST
STATE/ZIP : IL 60305
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,358.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031786213 MORTGAGORS: GARIFI JAMES
GARIFI DEBRA
REGION CODE ADDRESS : 20627 LISA GAIL DRIVE
01 CITY : SAUGUS AREA
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 280,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,031.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031786387 MORTGAGORS: MICHEL THOMAS
REGION CODE ADDRESS : 360 E 88TH STREET APT #31A
01 CITY : NEW YORK
STATE/ZIP : NY 10128
MORTGAGE AMOUNT : 491,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,534.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,023.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 74.39394
-------------------------------------------------------------------
0 0031786460 MORTGAGORS: GRANT HANNAH
REGION CODE ADDRESS : 341 S. DUNES DRIVE
01 CITY : PAWLEYS ISLAND
STATE/ZIP : SC 29585
MORTGAGE AMOUNT : 271,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,463.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,831.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.83400
-------------------------------------------------------------------
0 0031786619 MORTGAGORS: HANSEN RALPH
HANSEN KIMBERLY
REGION CODE ADDRESS : 341 COLGATE WAY
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,280.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.47100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,708,650.00
P & I AMT: 11,272.87
UPB AMT: 1,706,668.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 269
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031786627 MORTGAGORS: KUYKENDOLL DONNIE
KUYKENDOLL CHRISTI
REGION CODE ADDRESS : 1865 LOST MOUNTAIN RD
01 CITY : POWER SPRINGS
STATE/ZIP : GA 30127
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,620.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,969.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.26400
-------------------------------------------------------------------
0 0031787377 MORTGAGORS: O'CONNELL BRIAN
LEICHER GAIL
REGION CODE ADDRESS : 27 PATTERSON ROAD
01 CITY : LEXINGTON
STATE/ZIP : MA 02421
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,953.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031787492 MORTGAGORS: BERMAN PETER
WEINER ROBIN
REGION CODE ADDRESS : 5 BEAVER DAM ROAD
01 CITY : COLTS NECK
STATE/ZIP : NJ 07722
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 539,578.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,683.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.14200
-------------------------------------------------------------------
0 0031787724 MORTGAGORS: TRUDEL JOHN
TRUDEL BARBARA
REGION CODE ADDRESS : 6 GUINEVERE CIRCLE
01 CITY : SHREWSBURY
STATE/ZIP : MA 01545
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031787732 MORTGAGORS: VON WEISS HANS
VON WEISS SHANNON
REGION CODE ADDRESS : 46 KING GEORGE DRIVE
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,826,400.00
P & I AMT: 12,283.55
UPB AMT: 1,824,709.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 270
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031788219 MORTGAGORS: VINCIK BRIAN
REGION CODE ADDRESS : 10950 MIRAMONTE ROAD
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,181.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,845.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 48.88800
-------------------------------------------------------------------
0 0031788227 MORTGAGORS: LAVEGLIA ANTHONY
LAVEGLIA DEBORAH
REGION CODE ADDRESS : 18 CRANFORD AVENUE
01 CITY : CRANFORD
STATE/ZIP : NJ 07016
MORTGAGE AMOUNT : 254,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,804.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.24200
-------------------------------------------------------------------
0 0031788730 MORTGAGORS: SNOY SARA
SCARE DONALD
REGION CODE ADDRESS : 6100 NORTH CALDWELL
01 CITY : CHICAGO
STATE/ZIP : IL 60646
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.47000
-------------------------------------------------------------------
0 0031788920 MORTGAGORS: DIZON DONALD
REGION CODE ADDRESS : 2102 CENTURY PARK LN UNIT 116
01 CITY : LOS ANGELES
STATE/ZIP : CA 90067
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,617.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 71.05263
-------------------------------------------------------------------
0 0031788938 MORTGAGORS: VALLABHANENI SIVA
VALLABHANENI RAGINI
REGION CODE ADDRESS : 133 LEADLINE LANE
01 CITY : WEST CHESTER
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 273,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,806.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.98960
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,673,400.00
P & I AMT: 11,621.33
UPB AMT: 1,671,504.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 271
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031789043 MORTGAGORS: LAWRIE J.
LAWRIE KIMBERLY
REGION CODE ADDRESS : 8 COUNTRY CLUB LANE
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 975,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 974,200.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,486.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 58.20800
-------------------------------------------------------------------
0 0031789290 MORTGAGORS: RYAN MAUREEN
REGION CODE ADDRESS : 6032 BURNBANK PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,744.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031789522 MORTGAGORS: LIU TODD
CHEN MELISSA
REGION CODE ADDRESS : 12 ALBERMARLE DRIVE
01 CITY : MARLBORO
STATE/ZIP : NJ 07746
MORTGAGE AMOUNT : 287,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.39237
-------------------------------------------------------------------
0 0031789530 MORTGAGORS: SILVERMAN MATTHEW
SILVERMAN NAMCY
REGION CODE ADDRESS : 168 GORDONHURST AVENUE
01 CITY : UPPER MONTCLAIR
STATE/ZIP : NJ 07043
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031789720 MORTGAGORS: MATISON DAVE
MATISON KATIE
REGION CODE ADDRESS : 1522 MADRONA DRIVE
01 CITY : SEATTLE
STATE/ZIP : WA 98122
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.66900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,198,700.00
P & I AMT: 14,911.31
UPB AMT: 2,197,395.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 272
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031790215 MORTGAGORS: THOMAS PHILLIP
THOMAS ANNETTE
REGION CODE ADDRESS : 185 CHECHESSEE RD
01 CITY : OAKATIE
STATE/ZIP : SC 29910
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.92200
-------------------------------------------------------------------
0 0031790397 MORTGAGORS: GORMAN MICHAEL
GORMAN VICTORIA
REGION CODE ADDRESS : 1900 N TAYLOR STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 354,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,966.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,386.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.72200
-------------------------------------------------------------------
0 0031790504 MORTGAGORS: ECCLES PETER
REGION CODE ADDRESS : 1 CYRUS FIELD ROAD
01 CITY : IRVINGTON
STATE/ZIP : NY 10533
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,772.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031790587 MORTGAGORS: GARFIELD WILLIAM
GARFIELD LYNN
REGION CODE ADDRESS : 43 WEST CEDAR STREET
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 39.89300
-------------------------------------------------------------------
0 0031790629 MORTGAGORS: SMITS CORNELIS
SMITS ANNMARIE
REGION CODE ADDRESS : 109 LIONSHEAD DRIVE EAST
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,051.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,611.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,831,500.00
P & I AMT: 12,350.50
UPB AMT: 1,830,536.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 273
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031790835 MORTGAGORS: FURTH THOMAS
GOODALE-FURTH LINDA
REGION CODE ADDRESS : 20 ATLANTIC AVENUE
01 CITY : BEVERLY
STATE/ZIP : MA 01915
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0031790868 MORTGAGORS: BOLAND GILES
CROUCH-BOLAND JUDITH
REGION CODE ADDRESS : 31 SUMMIT ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02481
MORTGAGE AMOUNT : 408,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,821.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.23700
-------------------------------------------------------------------
0 0031790926 MORTGAGORS: ROBBINS SETH
ROBBINS STACEY
REGION CODE ADDRESS : 55 DRUMLIN ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02459
MORTGAGE AMOUNT : 395,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,700.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.43800
-------------------------------------------------------------------
0 0031791031 MORTGAGORS: HENDERSON PETER
HENDERSON LISA
REGION CODE ADDRESS : 1 WOODRIDGE ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
MORTGAGE AMOUNT : 319,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,751.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,176.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 43.40100
-------------------------------------------------------------------
0 0031791312 MORTGAGORS: MATOS PETER
MATOS KARIN
REGION CODE ADDRESS : 1465 CLEVELAND RD
01 CITY : MIAMI BEACH
STATE/ZIP : FL 33141
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,670.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,631,300.00
P & I AMT: 11,142.10
UPB AMT: 1,630,848.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 274
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031791999 MORTGAGORS: VALLETTA ROBERT
VALLETTA SUSAN
REGION CODE ADDRESS : 112 CAPTAINS ROW
01 CITY : MASHPEE
STATE/ZIP : MA 07122
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,509.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031792252 MORTGAGORS: GODFREY LEON
PAYTON ADRIENNE
REGION CODE ADDRESS : 8797 BROOK ESTATES COURT
01 CITY : LORTON
STATE/ZIP : VA 22079
MORTGAGE AMOUNT : 250,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,184.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,624.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031792617 MORTGAGORS: CROFT MARY ANN
CROFT JOANNE
REGION CODE ADDRESS : 3891 GARFOOT ROAD
01 CITY : MT HOREB
STATE/ZIP : WI 53572
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,558.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031792732 MORTGAGORS: ERHARDT ROBERT
ERHARDT KATHIE
REGION CODE ADDRESS : 2357 SOUTH GLEN ROAD
01 CITY : SHELBY
STATE/ZIP : MI 49455
MORTGAGE AMOUNT : 269,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,293.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,881.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 61.86200
-------------------------------------------------------------------
0 0031793615 MORTGAGORS: SMITH PETER
SMITH HEATHER
REGION CODE ADDRESS : 77 OXFORD DR
01 CITY : SOUTH WINDSOR
STATE/ZIP : CT 06074
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,371,750.00
P & I AMT: 9,371.53
UPB AMT: 1,369,795.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 275
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031793656 MORTGAGORS: TSIEN FREDERICK
TSIEN LINDA
REGION CODE ADDRESS : 4114 ALPINE ROAD
01 CITY : PORTOLA VALLEY
STATE/ZIP : CA 94028
MORTGAGE AMOUNT : 815,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 814,331.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,422.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 50.30800
-------------------------------------------------------------------
0 0031793664 MORTGAGORS: WOLLETT BERNARD
REGION CODE ADDRESS : 2150 BERN CREEK LOOP
01 CITY : SARASOTA
STATE/ZIP : FL 34240
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,616.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.24200
-------------------------------------------------------------------
0 0031793672 MORTGAGORS: ARORA RAGHVINDER
ARORA SHOBITA
REGION CODE ADDRESS : 6386 SOUTH TEMPE COURT
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 255,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,345.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0031794100 MORTGAGORS: CHIARINI GEORGE
CHIARINI HELEN
REGION CODE ADDRESS : 15271 SAVERNE CIRCLE
01 CITY : IRVINE
STATE/ZIP : CA 90604
MORTGAGE AMOUNT : 268,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,715.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,900.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 69.92100
-------------------------------------------------------------------
0 0031794266 MORTGAGORS: ROTH GERALD
ROTH SANDRA
REGION CODE ADDRESS : 10 QUARRY ROAD
01 CITY : NASHUA
STATE/ZIP : NH 03062
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,291.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,758.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,840,550.00
P & I AMT: 12,473.80
UPB AMT: 1,838,300.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 276
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031794282 MORTGAGORS: FISHMAN JON
REGION CODE ADDRESS : 24 PIEDMONT STREET
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,748.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031794415 MORTGAGORS: KIRBY GARY
KIRBY DEBRA
REGION CODE ADDRESS : 2117 SCENIC BAY DRIVE
01 CITY : ARLINGTON
STATE/ZIP : TX 76013
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031794787 MORTGAGORS: BERTHA NICHOLAS
BERTHA DAWN
REGION CODE ADDRESS : 31 WOOD ROAD
01 CITY : MORRISTOWN
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,274.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031794811 MORTGAGORS: KROUT JAMES
KROUT DEBRA
REGION CODE ADDRESS : 20972 DAISY COURT
01 CITY : CALLAWAY
STATE/ZIP : MD 20620
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031795560 MORTGAGORS: ENTWISTLE ROBERT
REGION CODE ADDRESS : 23330 HATTERAS STREET
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,638.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,412,000.00
P & I AMT: 9,657.48
UPB AMT: 1,410,236.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 277
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031795834 MORTGAGORS: KITSU WENDELL
REGION CODE ADDRESS : 2771 PACIFIC HEIGHTS ROAD
01 CITY : HONOLULU
STATE/ZIP : HI 96813
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031795974 MORTGAGORS: LARKIN SUSAN
REGION CODE ADDRESS : 54 HILLCREST RD
01 CITY : WESTON
STATE/ZIP : MA 02493
MORTGAGE AMOUNT : 345,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 31.42700
-------------------------------------------------------------------
0 0031796444 MORTGAGORS: DANKOWITZ RONALD
DANKOWITZ JULIA
REGION CODE ADDRESS : 110 INTERVALE ROAD
01 CITY : MOUNTAIN LAKES
STATE/ZIP : NJ 07046
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,791.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.88300
-------------------------------------------------------------------
0 0031796493 MORTGAGORS: VON REDDEN OLENTHA
DOLEGOWSKI LISA
REGION CODE ADDRESS : 10 HYATT LANE
01 CITY : SOMERS
STATE/ZIP : NY 10589
MORTGAGE AMOUNT : 492,570.00 OPTION TO CONVERT :
UNPAID BALANCE : 492,570.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,318.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.66500
-------------------------------------------------------------------
0 0031796584 MORTGAGORS: SEALEY BRET
SEALEY TERESA
REGION CODE ADDRESS : 135 RUSSELL HILL ESTATES DR NW
01 CITY : SUGAR VALLEY
STATE/ZIP : GA 30746
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,051.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 58.13953
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,682,270.00
P & I AMT: 11,657.88
UPB AMT: 1,681,113.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 278
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031796972 MORTGAGORS: KIM DAVID
KIM EUNHA
REGION CODE ADDRESS : 6424 ESLEY DRIVE
01 CITY : TROY
STATE/ZIP : MI 48098
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,108.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,771.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031797038 MORTGAGORS: ZIMMERMAN GREG
REGION CODE ADDRESS : ALLIS STATE PARK RD
01 CITY : BROOKFIELD
STATE/ZIP : VT 05036
MORTGAGE AMOUNT : 311,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,932.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,018.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031797178 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 : 2,760.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 88.03600
-------------------------------------------------------------------
0 0031797202 MORTGAGORS: KRAMER PHILIP
KRAMER NINA
REGION CODE ADDRESS : 214 FAIRMONT AVE
01 CITY : CHATHAM
STATE/ZIP : NJ 07928
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 33.68400
-------------------------------------------------------------------
0 0031797251 MORTGAGORS: LAAKSONEN STACIA
LAAKSONEN PAUL
REGION CODE ADDRESS : 10 AVALON WAY
01 CITY : NEWTOWN
STATE/ZIP : CT 06482
MORTGAGE AMOUNT : 319,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,957.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,596,900.00
P & I AMT: 10,910.97
UPB AMT: 1,595,741.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 279
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031797384 MORTGAGORS: NEVILLE DONALD
REGION CODE ADDRESS : 11 HERITAGE DRIVE
01 CITY : SHEPHERDSTOWN
STATE/ZIP : WV 25443
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,132.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,723.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.99036
-------------------------------------------------------------------
0 0031797434 MORTGAGORS: MARTINEZ RAMONA
REGION CODE ADDRESS : 605 SAN CARLOS AVENUE
01 CITY : ALBANY
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 278,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.50600
-------------------------------------------------------------------
0 0031798903 MORTGAGORS: KISH KEVIN
REGION CODE ADDRESS : 18 FOLLEN STREET
01 CITY : BOSTON
STATE/ZIP : MA 02116
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.66600
-------------------------------------------------------------------
0 0031799257 MORTGAGORS: KWONG WAYNE
KWONG JOYCE
REGION CODE ADDRESS : 9878 RAVARI DRIVE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,793.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.50000
-------------------------------------------------------------------
0 0031799463 MORTGAGORS: ANDERSON BRUCE
ANDERSON W.
REGION CODE ADDRESS : 7620 STETSON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,535,000.00
P & I AMT: 10,505.98
UPB AMT: 1,533,843.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 280
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031799968 MORTGAGORS: JORDAN WILLIAM
JORDAN LISELOTTE
REGION CODE ADDRESS : 54 DOLPHIN ISLE
01 CITY : NOVATO
STATE/ZIP : CA 94949
MORTGAGE AMOUNT : 254,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,805.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 50.40500
-------------------------------------------------------------------
0 0031799976 MORTGAGORS: BERSIN JOHN
BERSIN HEIDI
REGION CODE ADDRESS : 9606 SOUTH KNOXVILLE AVENUE
01 CITY : TULSA
STATE/ZIP : OK 74137
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031800055 MORTGAGORS: SWANN RICHARD
REGION CODE ADDRESS : 1727 FAIRFIELD BEACH ROAD
01 CITY : FAIRFIELD
STATE/ZIP : CT 06430
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 43.84000
-------------------------------------------------------------------
0 0031800733 MORTGAGORS: MONACO PASQUALE
MONACO CATHY
REGION CODE ADDRESS : 167 CHARLESTOWN BEACH RD EAST
01 CITY : SOUTH KINGSTOWN
STATE/ZIP : RI 02879
MORTGAGE AMOUNT : 298,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,660.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.70600
-------------------------------------------------------------------
0 0031800980 MORTGAGORS: MAURER IRA
MAURER AUDREY
REGION CODE ADDRESS : 157 SPRING VALLEY ROAD
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,508.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.41900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,930,950.00
P & I AMT: 12,946.90
UPB AMT: 1,929,161.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 281
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031801053 MORTGAGORS: OSBORNE DONALD
OSBORNE JUDITH
REGION CODE ADDRESS : 23725 DEL CERRO CIRCLE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,795.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031801061 MORTGAGORS: PATTERSON JEFFREY
PATTERSON CONSTANCE
REGION CODE ADDRESS : 4103 SOLWAY LANE
01 CITY : HOUSTON
STATE/ZIP : TX 77025
MORTGAGE AMOUNT : 276,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,278.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.77200
-------------------------------------------------------------------
0 0031801137 MORTGAGORS: MCGEOWN CHRISTOPHER
MISSIO NICOLE
REGION CODE ADDRESS : 1 BARRYMEADE DRIVE
01 CITY : LEXINGTON
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 349,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,320.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,355.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031801152 MORTGAGORS: CALLINAN NICHOLAS
REGION CODE ADDRESS : 63 COPPERMINE ROAD
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 33.33333
-------------------------------------------------------------------
0 0031801327 MORTGAGORS: PETRALIA PAUL
PETRALIA DONNA
REGION CODE ADDRESS : 333 VISCAINO WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95119
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,450.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,562,100.00
P & I AMT: 10,680.95
UPB AMT: 1,560,610.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 282
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031801426 MORTGAGORS: CHANDONNET PAUL
CHANDONNET HEIDI
REGION CODE ADDRESS : 1735 SYLVAN LANE
01 CITY : GLADWYNE
STATE/ZIP : PA 19035
MORTGAGE AMOUNT : 310,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,219.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031801434 MORTGAGORS: NGUYEN NGA
REGION CODE ADDRESS : 30052 POSEIDON
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.38400
-------------------------------------------------------------------
0 0031801590 MORTGAGORS: LEE CHANG-LING
CHEN ROA CHING
REGION CODE ADDRESS : 20495 VIA TORRALBA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,480.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031801640 MORTGAGORS: COLLIER JAMES
COLLIER APRIL
REGION CODE ADDRESS : 5222 42ND AVENUE SOUTHWEST
01 CITY : SEATTLE
STATE/ZIP : WA 98136
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,059.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031802010 MORTGAGORS: ILE MICHAEL
BOADO ANDREA
REGION CODE ADDRESS : 1107 NORTH KENILWORTH AVENUE
01 CITY : OAK PARK
STATE/ZIP : IL 60302
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 452,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,007.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,614,000.00
P & I AMT: 10,797.01
UPB AMT: 1,612,577.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 283
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031802176 MORTGAGORS: LINDQUIST TAD
LINDQUIST ANDREA
REGION CODE ADDRESS : 17051 TWAIN LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 251,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,346.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031802291 MORTGAGORS: COVEN DAVID
COVEN LYNNE
REGION CODE ADDRESS : 960 FELL STREET #705
01 CITY : BALTIMORE
STATE/ZIP : MD 21231
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031802580 MORTGAGORS: HUBER GARY
RUDELL MINDY
REGION CODE ADDRESS : 2702 KEY BVLD
01 CITY : ARLINGTON
STATE/ZIP : VA 22201
MORTGAGE AMOUNT : 384,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,842.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,588.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.69900
-------------------------------------------------------------------
0 0031802614 MORTGAGORS: WOLSKI SUSAN
REGION CODE ADDRESS : 12 PAGE ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02160
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,276.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031803174 MORTGAGORS: DUFFY KEVIN
DUFFY ELIZABETH
REGION CODE ADDRESS : 547 HILAIRE ROAD
01 CITY : ST DAVIDS
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,596.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,720.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,766,900.00
P & I AMT: 11,799.91
UPB AMT: 1,764,585.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 284
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031803182 MORTGAGORS: LATAILLE RONALD
LATAILLE MARIA
REGION CODE ADDRESS : 116 GEORGETOWN ROAD
01 CITY : WEST NEWBURY
STATE/ZIP : MA 01985
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.00000
-------------------------------------------------------------------
0 0031803216 MORTGAGORS: CLARKE BENJAMIN
CLARKE CYNTHIA
REGION CODE ADDRESS : 51 HERSHEY ROAD,
01 CITY : WAYNE,
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,653.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031803349 MORTGAGORS: SELTZER LARRY
SELTZER GLORIA
REGION CODE ADDRESS : 54 PICKWICK WAY #54
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 257,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.28700
-------------------------------------------------------------------
0 0031803398 MORTGAGORS: BARRETT KATHLEEN
HENNESSE MILLARD
REGION CODE ADDRESS : 50 CARTWRIGHT ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 38.35600
-------------------------------------------------------------------
0 0031803612 MORTGAGORS: KUCKHOFF ERIC
KUCKHOFF BARBARA
REGION CODE ADDRESS : 8 OLD MINE ROAD
01 CITY : TEWKSBURY TOWNSHIP
STATE/ZIP : NJ 08833
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.60600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,543,900.00
P & I AMT: 10,481.52
UPB AMT: 1,543,002.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 285
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031803661 MORTGAGORS: ASHEKIAN STEPHEN
ASHEKIAN NOEL
REGION CODE ADDRESS : 17 GLOUCESTER STREET, UNIT #4
01 CITY : BOSTON
STATE/ZIP : MA 02115
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,503.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.96800
-------------------------------------------------------------------
0 0031803695 MORTGAGORS: BIEBER THOMAS
BIEBER BRIGID
REGION CODE ADDRESS : 151 EMANUEL DRIVE
01 CITY : BOXBOROUGH
STATE/ZIP : MA 01719
MORTGAGE AMOUNT : 301,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,356.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.01000
-------------------------------------------------------------------
0 0031803703 MORTGAGORS: EMILIUS CHRISTOPHER
EMILIUS JANET
REGION CODE ADDRESS : 40 FAIRCHILD DRIVE
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 322,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,170.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.72000
-------------------------------------------------------------------
0 0031803760 MORTGAGORS: RANGAN U.
RANGAN SUDHA
REGION CODE ADDRESS : 55 UPSON ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02482
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.80300
-------------------------------------------------------------------
0 0031803802 MORTGAGORS: RUTHERFORD GARY
RUTHERFORD NANCY
REGION CODE ADDRESS : 85 SKYFIELD DRIVE
01 CITY : GROTON
STATE/ZIP : MA 01450
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,660.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,863.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.27200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,908,150.00
P & I AMT: 13,241.63
UPB AMT: 1,907,810.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 286
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031803810 MORTGAGORS: SMITH MICHAEL
SMITH MARGARET
REGION CODE ADDRESS : 99 COLCHESTER ROAD,
01 CITY : NEW PROVIDENCE
STATE/ZIP : NJ 07974
MORTGAGE AMOUNT : 301,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,093.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,030.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.72900
-------------------------------------------------------------------
0 0031803836 MORTGAGORS: COMITO RONALD
REGION CODE ADDRESS : 37 REVERE DRIVE
01 CITY : BEDMINSTER
STATE/ZIP : NJ 07921
MORTGAGE AMOUNT : 363,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,557.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,325.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031803844 MORTGAGORS: GRUBER SCOTT
GRUBER KAREN
REGION CODE ADDRESS : 20 FARRINGTON LANE
01 CITY : BRANCHBURG
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 359,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,842.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,303.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99359
-------------------------------------------------------------------
0 0031803869 MORTGAGORS: MCELYNN PETER
REGION CODE ADDRESS : 10 DEER RIDGE ROAD
01 CITY : BASKING RIDGE
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031803927 MORTGAGORS: HANSEN GARY
REGION CODE ADDRESS : 507 RIVER ST
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55401
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,681.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,902,350.00
P & I AMT: 12,574.96
UPB AMT: 1,900,493.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 287
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031804057 MORTGAGORS: LILLARD MICHAEL
LILLARD AMY
REGION CODE ADDRESS : 5 ANDREWS LANE
01 CITY : PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,846.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,342.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031804081 MORTGAGORS: PRUE GEORGE
PRUE KRISTINE
REGION CODE ADDRESS : 84 DINIZ DRIVE
01 CITY : RAYNHAM
STATE/ZIP : MA 02767
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,786.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031804156 MORTGAGORS: GILBERT SARAH
REGION CODE ADDRESS : 16 SEVILLA ROAD
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.75000
-------------------------------------------------------------------
0 0031804263 MORTGAGORS: REIMAN SCOTT
REIMAN DIANE
REGION CODE ADDRESS : 48 EDGEWOOD DRIVE
01 CITY : BELLE MEAD
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,731.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 65.90909
-------------------------------------------------------------------
0 0031804271 MORTGAGORS: MINANO ROBERT
MINANO MARIA
REGION CODE ADDRESS : 59 AZALEA PLACE
01 CITY : PISCATAWAY
STATE/ZIP : NJ 08854
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,736.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 77.36800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,655,000.00
P & I AMT: 11,024.18
UPB AMT: 1,653,100.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 288
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031805013 MORTGAGORS: ESPTEIN GARY
ESPTEIN SHEILA
REGION CODE ADDRESS : 4005 CORTE CANCION
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,303.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.33300
-------------------------------------------------------------------
0 0031805468 MORTGAGORS: LEES MARSHALL
REGION CODE ADDRESS : 533 FOREST AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 595,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 594,512.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,958.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 62.63100
-------------------------------------------------------------------
0 0031805476 MORTGAGORS: VAN HORN SCOTT
VALENSKY DIANE
REGION CODE ADDRESS : 305 MIDLAND COURT
01 CITY : WEST NEW YORK
STATE/ZIP : NJ 07093
MORTGAGE AMOUNT : 291,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,478.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,014.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98900
-------------------------------------------------------------------
0 0031805484 MORTGAGORS: ROSENFIELD CARL
MCDONOUGH SUSAN
REGION CODE ADDRESS : 685 CENTRE STREET
01 CITY : NEWTON
STATE/ZIP : MA 02458
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.44400
-------------------------------------------------------------------
0 0031805641 MORTGAGORS: ROSS JESSICA
ROSS DAVID
REGION CODE ADDRESS : 22319 MARILLA STREET
01 CITY : CHATSWORTH
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,627.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.46000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,727,200.00
P & I AMT: 11,727.69
UPB AMT: 1,725,920.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 289
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031805658 MORTGAGORS: KLASHMAN DAVID
NORRIS WENDY
REGION CODE ADDRESS : 28631 QUAILHILL DRIVE,
01 CITY : RANCHO PALOS VERDES,
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 386,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,298.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,637.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.89700
-------------------------------------------------------------------
0 0031805666 MORTGAGORS: GULLEY WILLIAM
GULLEY KATHLEEN
REGION CODE ADDRESS : 1198 CHURCH STREET
01 CITY : VENTURA,
STATE/ZIP : CA 93001
MORTGAGE AMOUNT : 324,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,146.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,212.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 48.05900
-------------------------------------------------------------------
0 0031805674 MORTGAGORS: ADLHOCH JOSEPH
REGION CODE ADDRESS : 526 AZURE HILLS DRIVE
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,302.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,729.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.40800
-------------------------------------------------------------------
0 0031806045 MORTGAGORS: PENA RAFAEL
PENA CYNTHIA
REGION CODE ADDRESS : 201 DARTMOUTH WAY
01 CITY : PLACENTIA
STATE/ZIP : CA 92870
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,536.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,876.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.52381
-------------------------------------------------------------------
0 0031806185 MORTGAGORS: PORTER BRYAN
PORTER ANABEL
REGION CODE ADDRESS : 8364 CHASE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,546,500.00
P & I AMT: 10,476.91
UPB AMT: 1,545,044.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 290
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031806193 MORTGAGORS: NATIVIDAD EDWARD
NATIVIDAD MARIBELLE
REGION CODE ADDRESS : 13860 VISTA GRANDE DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,563.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,832.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031806250 MORTGAGORS: MIRKIN BRUCE
REGION CODE ADDRESS : 939 19TH AVENUE EAST
01 CITY : SEATTLE
STATE/ZIP : WA 98112
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,373.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031807464 MORTGAGORS: ANAVI SELIM
ANAVI HALEH
REGION CODE ADDRESS : 43 FOUNDRY ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.33333
-------------------------------------------------------------------
0 0031807472 MORTGAGORS: KELLEHER RONALD
KELLEHER MARGARET
REGION CODE ADDRESS : 45 WATERFORD DRIVE
01 CITY : COTUIT
STATE/ZIP : MA 02635
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.60975
-------------------------------------------------------------------
0 0031807639 MORTGAGORS: SHIPP GLENN
SHIPP CATHERINE
REGION CODE ADDRESS : 1732 SUNNYSIDE CIRCLE
01 CITY : NORTHBROOK
STATE/ZIP : IL 60062
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.36200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,438,000.00
P & I AMT: 9,786.81
UPB AMT: 1,436,729.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 291
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031807746 MORTGAGORS: HERMANN JAMES
HERMANN SUSAN
REGION CODE ADDRESS : 335 COUNTY LINE ROAD
01 CITY : HIGHLAND PARK
STATE/ZIP : IL 60035
MORTGAGE AMOUNT : 310,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,151.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,091.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031807837 MORTGAGORS: PEARSON STEVEN
PEARSON PAMELA
REGION CODE ADDRESS : 27321 CLOVERLY DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,708.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,113.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.47300
-------------------------------------------------------------------
0 0031808264 MORTGAGORS: MURPHY JAMES
MURPHY SALLY
REGION CODE ADDRESS : 2908 18TH FAIRWAY DRIVE
01 CITY : BELLEVILLE
STATE/ZIP : IL 62220
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,717.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.27200
-------------------------------------------------------------------
0 0031808272 MORTGAGORS: AST MARTIN
AST BARBARA
REGION CODE ADDRESS : 8000 STANFORD AVENUE
01 CITY : UNIVERSITY CITY
STATE/ZIP : MO 63130
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,775.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.64179
-------------------------------------------------------------------
0 0031808777 MORTGAGORS: SMITH E.
SMITH KAYE
REGION CODE ADDRESS : 6765 HIDDEN HERITAGE COURT
01 CITY : LAS VEGAS
STATE/ZIP : NV 89110
MORTGAGE AMOUNT : 293,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,282.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,955.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.02900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,477,300.00
P & I AMT: 9,842.23
UPB AMT: 1,475,918.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 292
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031808876 MORTGAGORS: KAMP MARK
KAMP DEBRA
REGION CODE ADDRESS : 20 PUNCH BOWL DRIVE
01 CITY : FALMOUTH
STATE/ZIP : MA 02540
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.47000
-------------------------------------------------------------------
0 0031809379 MORTGAGORS: HEINE CHRISTOPHER
HEINE SUSAN
REGION CODE ADDRESS : 7271 W.MYRTLE AVE
01 CITY : CHICAGO
STATE/ZIP : IL 60631
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,781.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
0 0031809494 MORTGAGORS: MOYER BRUCE
MOYER GAYLE
REGION CODE ADDRESS : 505 GREEN RD.
01 CITY : ANN ARBOR
STATE/ZIP : MI 48105
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 580,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,858.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.32400
-------------------------------------------------------------------
0 0031809825 MORTGAGORS: EDMONDSON ROBERT
EDMONDSON SUSAN
REGION CODE ADDRESS : 161 TWIN PEAKS DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94595
MORTGAGE AMOUNT : 625,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 623,080.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,316.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.12500
-------------------------------------------------------------------
0 0031809833 MORTGAGORS: WALLACE DAVID
WALLACE IRIS
REGION CODE ADDRESS : 338 MARKET STREET
01 CITY : SANTA CRUZ,
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 303,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,957.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,042.71 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: 2,055,200.00
P & I AMT: 13,903.44
UPB AMT: 2,052,819.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 293
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031810021 MORTGAGORS: FRISKE DOUGLAS
SPILLMAN-FRISKE KRISTYN
REGION CODE ADDRESS : 2017 HIGHLAND AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 373,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,512.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.13700
-------------------------------------------------------------------
0 0031810294 MORTGAGORS: STANKARD JOHN
STANKARD MARCIA
REGION CODE ADDRESS : 24 SHERMAN'S WAY
01 CITY : WESTWOOD
STATE/ZIP : MA 02090
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.51600
-------------------------------------------------------------------
0 0031810369 MORTGAGORS: CONNELLY THOMAS
CONNELLY M.
REGION CODE ADDRESS : 40 LYNNVILLAGE WAY
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 299,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.82500
-------------------------------------------------------------------
0 0031810765 MORTGAGORS: HIMMELBLAU D.
HURLEY ELLEN
REGION CODE ADDRESS : 5 AVON ROAD
01 CITY : BEDFORD
STATE/ZIP : MA 01730
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 59.21500
-------------------------------------------------------------------
0 0031810948 MORTGAGORS: FAZEKAR ARNOLD
REGION CODE ADDRESS : 16915 MAGNOLIA BOULEVARD
01 CITY : ENCINO AREA
STATE/ZIP : CA 91316
MORTGAGE AMOUNT : 288,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,969.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,941.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.96100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,500.00
P & I AMT: 10,250.92
UPB AMT: 1,522,269.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 294
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031811268 MORTGAGORS: DUNDAS KEVIN
DUNDAS ELIZABETH
REGION CODE ADDRESS : 50 MONTEREY DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 692,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 691,486.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,838.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 69.20000
-------------------------------------------------------------------
0 0031811375 MORTGAGORS: FLOOD CHRISTINE
CUTBILL R. GARY
REGION CODE ADDRESS : 13 MAIN STREET
01 CITY : WESTFORD
STATE/ZIP : MA 01886
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,364.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.13100
-------------------------------------------------------------------
0 0031811599 MORTGAGORS: SHAH MIHIR
SHAH SONALI
REGION CODE ADDRESS : 44484 MARTINGALE COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 608,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,048.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,147.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.48500
-------------------------------------------------------------------
0 0031811615 MORTGAGORS: RUTHENBECK CALVIN
RUTHENBECK MARTHA
REGION CODE ADDRESS : 24 WEST SIDLEE STREET
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91360
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.14200
-------------------------------------------------------------------
0 0031812084 MORTGAGORS: TOBASKY ANDREW
TOBASKY MAJORIE
REGION CODE ADDRESS : 146 DAMON ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02494
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,140,000.00
P & I AMT: 14,634.49
UPB AMT: 2,137,490.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 295
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031812092 MORTGAGORS: MARULLI RALPH
MARULLI MARY
REGION CODE ADDRESS : 21 CUMBERLAND ROAD
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,796.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.09000
-------------------------------------------------------------------
0 0031812167 MORTGAGORS: FALVEY MICHAEL
FALVEY MEGAN MCINERNEY
REGION CODE ADDRESS : 36 YORK ROAD
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 458,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 457,642.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,124.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.69800
-------------------------------------------------------------------
0 0031812191 MORTGAGORS: HOLLINGSWORTH HELEN
REED JOHN
REGION CODE ADDRESS : 89 HIGHLAND CIRCLE
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 45.48000
-------------------------------------------------------------------
0 0031812308 MORTGAGORS: GRAZIANO MICHAEL
DISPENZA SUSAN
REGION CODE ADDRESS : 27 AYNSLEY COURT
01 CITY : MONTVILLE
STATE/ZIP : NJ 07045
MORTGAGE AMOUNT : 237,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.00000
-------------------------------------------------------------------
0 0031812464 MORTGAGORS: MAURER THOMAS
MAURER DENISE
REGION CODE ADDRESS : 14797 BROOKHILL DRIVE,
01 CITY : CHESTERFIELD,
STATE/ZIP : MO 63017
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,722.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,428.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.59574
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,634,000.00
P & I AMT: 11,277.60
UPB AMT: 1,633,161.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 296
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031812480 MORTGAGORS: JOSTES MARK
JOSTES MARY
REGION CODE ADDRESS : 40 BERKSHIRE DRIVE
01 CITY : ST LOUIS
STATE/ZIP : MO 63117
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.69200
-------------------------------------------------------------------
0 0031812563 MORTGAGORS: GORMAN THOMAS
SMITH MARIA
REGION CODE ADDRESS : 71 HERMANN LANE
01 CITY : EASTON
STATE/ZIP : CT 06612
MORTGAGE AMOUNT : 454,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,177.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031812878 MORTGAGORS: GORDON FRANK
GORDON WENDI
REGION CODE ADDRESS : 4410 VAN NESS STREET NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20016
MORTGAGE AMOUNT : 429,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,438.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,823.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.40000
-------------------------------------------------------------------
0 0031812969 MORTGAGORS: VON TSCHARNER PATRICK
VON TSCHARNER MERIDITH
REGION CODE ADDRESS : 9739 EAST IDA CIRCLE
01 CITY : GREENWOOD VILLAGE
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 339,451.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,158.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,201.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.87000
-------------------------------------------------------------------
0 0031812977 MORTGAGORS: FENTON BARRY
FENTON SUSAN
REGION CODE ADDRESS : 120 S.E.5TH AVENUE #527
01 CITY : BOCA RATON
STATE/ZIP : FL 33432
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,888,651.00
P & I AMT: 12,731.80
UPB AMT: 1,887,776.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 297
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031813132 MORTGAGORS: SCHANDLER DAVID
SCHANDLER HEIDI
REGION CODE ADDRESS : 11056 ALDBURY COURT
01 CITY : RESTON
STATE/ZIP : VA 20194
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.87900
-------------------------------------------------------------------
0 0031813157 MORTGAGORS: KRONEBERGER G. BRIAN
KRONEBERGER JILL
REGION CODE ADDRESS : 22 SPARKS STATION ROAD
01 CITY : SPARKS
STATE/ZIP : MD 21152
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031813637 MORTGAGORS: ALSTON CHARLES
ALSTON HEATHER
REGION CODE ADDRESS : 687 PARK DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 255,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,967.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031813793 MORTGAGORS: HARDY S
HARDY LUCY
REGION CODE ADDRESS : 501 REGENT PLACE
01 CITY : AUGUSTA
STATE/ZIP : GA 30909
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,728.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.76100
-------------------------------------------------------------------
0 0031814262 MORTGAGORS: LANGENFELD GARY
LANGENFELD ELISSA
REGION CODE ADDRESS : 5401 EAST ALAN LANE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85253
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,498,600.00
P & I AMT: 10,195.80
UPB AMT: 1,497,205.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 298
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031814353 MORTGAGORS: ISHIZUKA DAISY
ISHIZUKA TAKEO
REGION CODE ADDRESS : 9929 MILES STONE COURT
01 CITY : VIENNA
STATE/ZIP : VA 22181
MORTGAGE AMOUNT : 318,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,025.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,064.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0031814429 MORTGAGORS: WEEKLEY DALE
SCOTT-WEEKLEY INGRID
REGION CODE ADDRESS : 7366 KINGS CROSSING COURT
01 CITY : CALEDONIA
STATE/ZIP : MI 49316
MORTGAGE AMOUNT : 336,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,441.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,410.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 89.99585
-------------------------------------------------------------------
0 0031814494 MORTGAGORS: MOON RICHARD
MOON LISA
REGION CODE ADDRESS : 72 OAKDALE RD
01 CITY : STAMFORD
STATE/ZIP : CT 06906
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,785.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.23376
-------------------------------------------------------------------
0 0031814528 MORTGAGORS: COX MICHAEL
COX SARAH
REGION CODE ADDRESS : 3627 EAST 96TH PLACE SOUTH
01 CITY : TULSA
STATE/ZIP : OK 74137
MORTGAGE AMOUNT : 253,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,197.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.97400
-------------------------------------------------------------------
0 0031814932 MORTGAGORS: BYRNES JOHN
BYRNES ADA
REGION CODE ADDRESS : 360 RED COAT LANE
01 CITY : WAYNE
STATE/ZIP : PA 19087
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 44.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,438,100.00
P & I AMT: 9,617.73
UPB AMT: 1,436,450.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 299
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031814981 MORTGAGORS: KING KEVIN
KING KARRIE
REGION CODE ADDRESS : 187 HACIENDA DRIVE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031815533 MORTGAGORS: PARNESS ROBERT
PARNESS JERRILYNN
REGION CODE ADDRESS : 6114 E. LONG SHADOW TRAIL
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 241,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,724.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 84.94300
-------------------------------------------------------------------
0 0031815541 MORTGAGORS: SPIRT NORMAN
SPIRT BECKY
REGION CODE ADDRESS : 46298 SUMMERHILL PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98500
-------------------------------------------------------------------
0 0031816051 MORTGAGORS: SUSSMAN JEFFREY
SUSSMAN MELITA
REGION CODE ADDRESS : 1 COLONIAL ROAD
01 CITY : SCARSDALE
STATE/ZIP : NY 10583
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.04800
-------------------------------------------------------------------
0 0031816523 MORTGAGORS: FOSTER ROBERT
REGION CODE ADDRESS : 6587 ROBINEA DRIVE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,700.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,513,900.00
P & I AMT: 10,421.45
UPB AMT: 1,512,738.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 300
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031816994 MORTGAGORS: RANCOUR LEO
RANCOUR BONNIE
REGION CODE ADDRESS : 6202 NE 187TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98155
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,154.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,449.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.26500
-------------------------------------------------------------------
0 0031817539 MORTGAGORS: NELSON COLA
NELSON JANET
REGION CODE ADDRESS : 7 SUNRISE DRIVE
01 CITY : SOUTHBOROROUGH
STATE/ZIP : MA 01772
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.17200
-------------------------------------------------------------------
0 0031817547 MORTGAGORS: KAPLAN MATTHEW
KAPLAN KATHLEEN
REGION CODE ADDRESS : 40 CANNONBALL RD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0031817554 MORTGAGORS: FOSTER DONALD
FOSTER MARY
REGION CODE ADDRESS : 45 SUDBURY ROAD
01 CITY : WESTON
STATE/ZIP : MA 02493
MORTGAGE AMOUNT : 565,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 565,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,854.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.47000
-------------------------------------------------------------------
0 0031817588 MORTGAGORS: BISSON DONALD
BISSON ANNE
REGION CODE ADDRESS : 68 SURREY LANE
01 CITY : SUDBURY
STATE/ZIP : MA 01776
MORTGAGE AMOUNT : 282,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.43589
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,814,500.00
P & I AMT: 12,407.01
UPB AMT: 1,813,654.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 301
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031817612 MORTGAGORS: RATTIGAN JOHN
RATTIGAN CAROLE
REGION CODE ADDRESS : 155 SANBORN LANE
01 CITY : READING
STATE/ZIP : MA 01867
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.83369
-------------------------------------------------------------------
0 0031817638 MORTGAGORS: LANGSTON MARK
LANGSTON MICHELLE
REGION CODE ADDRESS : 4801 COPA DE ORO
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 1,136,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,135,156.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,943.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 54.09500
-------------------------------------------------------------------
0 0031817778 MORTGAGORS: FERKLER PHILIP
DUGAN KAREN
REGION CODE ADDRESS : 4107 VICKIE LYNN COURT
01 CITY : MOUNT AIRY
STATE/ZIP : MD 21771
MORTGAGE AMOUNT : 291,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,899.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,888.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0031818123 MORTGAGORS: DAW PATRICK
DAW SHARI
REGION CODE ADDRESS : 3043 PARK PLACE
01 CITY : EVANSTON
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 371,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,499.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.41880
-------------------------------------------------------------------
0 0031818263 MORTGAGORS: ROZINSKAS RICHARD
ROZINSKAS LISA
REGION CODE ADDRESS : 26 JUNCTION COURT
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,608.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.75700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,413,150.00
P & I AMT: 16,526.38
UPB AMT: 2,411,665.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 302
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031818321 MORTGAGORS: GEISLER THOMAS
GEISLER ELLEN
REGION CODE ADDRESS : 17 BROOKPINE DRIVE
01 CITY : SHELTON
STATE/ZIP : CT 06484
MORTGAGE AMOUNT : 258,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,545.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031818388 MORTGAGORS: SOUFLERIS PHILLIP
SOUFLERIS BETH
REGION CODE ADDRESS : 15 COUNTRY VIEW DRIVE
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,752.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,792.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 73.04100
-------------------------------------------------------------------
0 0031818677 MORTGAGORS: LAMBERT GARY
LAMBERT MAUREEN
REGION CODE ADDRESS : 36 COBBLESTONE ROAD
01 CITY : N. EASTON
STATE/ZIP : MA 02356
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.36200
-------------------------------------------------------------------
0 0031818966 MORTGAGORS: OLSKI PATRICK
DURCAN-OLSKI LAURIE
REGION CODE ADDRESS : 41 OLDFIELD DRIVE
01 CITY : SHERBORN
STATE/ZIP : MA 01770
MORTGAGE AMOUNT : 325,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,193.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031819022 MORTGAGORS: MAHN JONATHAN
MAHN MOJDEH
REGION CODE ADDRESS : 25315 IRVING LANE
01 CITY : STEVENSON RANCH
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 282,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,456.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.63300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,406,700.00
P & I AMT: 9,334.99
UPB AMT: 1,404,957.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 303
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031819030 MORTGAGORS: WINTER WILLIAM
WINTER ROSANNE
REGION CODE ADDRESS : 20253 WATER MARK PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 341,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,326.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.44100
-------------------------------------------------------------------
0 0031819311 MORTGAGORS: COLSTON WILLIAM
COLSTON KRISTEN
REGION CODE ADDRESS : 3735 PERSHING DRIVE NORTH
01 CITY : ARLINGTON
STATE/ZIP : VA 22203
MORTGAGE AMOUNT : 241,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,381.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,527.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031819360 MORTGAGORS: JORGE ANTONIO
JORGE DEBORAH
REGION CODE ADDRESS : 3 MINERAL SPRINGS AVENUE
01 CITY : LUDLOW
STATE/ZIP : MA 01056
MORTGAGE AMOUNT : 249,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,617.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 94.99400
-------------------------------------------------------------------
0 0031819428 MORTGAGORS: BARR THOMAS
BARR CAROLYN
REGION CODE ADDRESS : 6065 NORTH FOREST GLEN
01 CITY : CHICAGO
STATE/ZIP : IL 60646
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.36200
-------------------------------------------------------------------
0 0031819485 MORTGAGORS: MULLEN JOHN
REGION CODE ADDRESS : 3404 PLUTO COURT
01 CITY : BONITA
STATE/ZIP : CA 91902
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,155.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,362,950.00
P & I AMT: 8,906.56
UPB AMT: 1,362,213.98
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 304
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031819592 MORTGAGORS: DONNELLY DENNIS
DONNELLY MICHELLE
REGION CODE ADDRESS : 1S792 IRONWOOD LANE
01 CITY : WHEATON
STATE/ZIP : IL 60187
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.71900
-------------------------------------------------------------------
0 0031820012 MORTGAGORS: MITTLEMAN MARVIN
MITTLEMAN PAMELA
REGION CODE ADDRESS : 6757 EDINBURGH COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92120
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,637.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031820061 MORTGAGORS: DZERA PAUL
DZERA BARBARA
REGION CODE ADDRESS : 34 WESTMOUNT DRIVE
01 CITY : LIVINGSTON
STATE/ZIP : NJ 07039
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,346.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.12100
-------------------------------------------------------------------
0 0031820228 MORTGAGORS: GOLDSTEIN MARK
REGION CODE ADDRESS : 466 CRESCENT DRIVE
01 CITY : WEST CHESTER
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,596.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.85246
-------------------------------------------------------------------
0 0031820350 MORTGAGORS: LAM CHAU
REGION CODE ADDRESS : 7008 LAKE RUN DRIVE
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35242
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,785.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.89285
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,592,000.00
P & I AMT: 10,732.99
UPB AMT: 1,591,019.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 305
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031820400 MORTGAGORS: DIERBERG ROBERT
DIERBERG SHARON
REGION CODE ADDRESS : 1982 KEHRS MILL ROAD
01 CITY : CHESTERFIELD
STATE/ZIP : MO 63005
MORTGAGE AMOUNT : 817,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 816,346.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,504.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 26.35483
-------------------------------------------------------------------
0 0031820483 MORTGAGORS: WILSON BRADLEY
WILSON JENILYN
REGION CODE ADDRESS : 761 NORTH EAGLE RIDGE DRIVE
01 CITY : BOUNTIFUL
STATE/ZIP : UT 84010
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,747.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031820509 MORTGAGORS: MEISTER MARK
MEISTER CARLA
REGION CODE ADDRESS : 91 SUTTON ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02192
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 76.13900
-------------------------------------------------------------------
0 0031820533 MORTGAGORS: POSEVER THOMAS
HAVINGA ANNE
REGION CODE ADDRESS : 135 WARREN AVENUE
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 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 : 74.71200
-------------------------------------------------------------------
0 0031820541 MORTGAGORS: MENZIES SCOTT
MENZIES SUSAN
REGION CODE ADDRESS : 16154 TRENTON ROAD
01 CITY : UPPERCO
STATE/ZIP : MD 21155
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,631.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,993.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,517,000.00
P & I AMT: 17,095.85
UPB AMT: 2,515,725.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 306
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031820582 MORTGAGORS: TUTEUR MICHAEL
TUTUER AMY
REGION CODE ADDRESS : 14 HORIZONS ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.91300
-------------------------------------------------------------------
0 0031820657 MORTGAGORS: SCHWIMMER MARK
SCHWIMMER BEVERLY
REGION CODE ADDRESS : 10505 SW 128 TERRACE,
01 CITY : MIAMI
STATE/ZIP : FL 33176
MORTGAGE AMOUNT : 292,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,860.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,943.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.99300
-------------------------------------------------------------------
0 0031820715 MORTGAGORS: CROSS JOHN
CROSS JANISE
REGION CODE ADDRESS : 1 BLUE JAY COURT
01 CITY : MIDDLETOWN
STATE/ZIP : NJ 07748
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031821341 MORTGAGORS: CARROLL DOUGLAS
CARROLL ALICE
REGION CODE ADDRESS : 112 ROXBURY ROAD
01 CITY : GARDEN CITY,
STATE/ZIP : NY 11530
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 : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 61.85500
-------------------------------------------------------------------
0 0031821432 MORTGAGORS: SMITH ANITA
REGION CODE ADDRESS : 9 FARM COTTAGE ROAD
01 CITY : GLADSTONE
STATE/ZIP : NJ 07934
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,193.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,250.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,530,100.00
P & I AMT: 10,408.54
UPB AMT: 1,528,837.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 307
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031821507 MORTGAGORS: LOSH JOHN
LOSH MARGARET
REGION CODE ADDRESS : 77 BRIARCLIFF ROAD
01 CITY : MOUNTAIN LAKES
STATE/ZIP : NJ 07046
MORTGAGE AMOUNT : 327,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,738.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,203.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.66600
-------------------------------------------------------------------
0 0031821531 MORTGAGORS: MCKINNEY DWIGHT
MCKINNEY PHYLLIS
REGION CODE ADDRESS : 15202 WOOD SWALLOW COURT
01 CITY : ACCOKEEK
STATE/ZIP : MD 20607
MORTGAGE AMOUNT : 399,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,405.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,789.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.23529
-------------------------------------------------------------------
0 0031821747 MORTGAGORS: LISMAN TODD
LISMAN BARBARA
REGION CODE ADDRESS : 1837 COMMODORE ROAD,
01 CITY : NEWPORT BEACH,
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 463,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,120.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,083.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031821861 MORTGAGORS: MAN DEBRA
REGION CODE ADDRESS : 970 CHESTER AVENUE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 417,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,658.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,774.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 41.70000
-------------------------------------------------------------------
0 0031821887 MORTGAGORS: FOSTER BEATRIZ
REGION CODE ADDRESS : 10227 CHRYSANTHEMUM LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 579,536.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,907.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.83871
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,186,500.00
P & I AMT: 14,758.49
UPB AMT: 2,184,458.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 308
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031821986 MORTGAGORS: SCHECHTER ROGER
SCHECHTER JANET
REGION CODE ADDRESS : 5010 ZIMMER COVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,849.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,162.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 72.22200
-------------------------------------------------------------------
0 0031822091 MORTGAGORS: KOZAK PAUL
KOZAK KAREN
REGION CODE ADDRESS : 5902 EAST CALLE DEL SUD
01 CITY : PHOENIX
STATE/ZIP : AZ 85018
MORTGAGE AMOUNT : 354,341.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,043.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.62719
-------------------------------------------------------------------
0 0031822109 MORTGAGORS: RUSSELL CRAIG
REGION CODE ADDRESS : 76 E MONTE VISTA ROAD
01 CITY : PHOENIX
STATE/ZIP : AZ 85004
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,601.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031822190 MORTGAGORS: ARMFIELD WILLIAM
ARMFIELD CYNTHIA
REGION CODE ADDRESS : 2904 MAGGIE COURT
01 CITY : HIGH POINT
STATE/ZIP : NC 27265
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031822471 MORTGAGORS: JACOBSON NEIL
RUTTER VIRGINIA
REGION CODE ADDRESS : 6208 PALATINE AVENUE NORTH
01 CITY : SEATTLE
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 331,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,441.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.25200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,919,791.00
P & I AMT: 12,615.88
UPB AMT: 1,918,084.40
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 309
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031822661 MORTGAGORS: TURNBULL KENNETH
TURNBULL DONNA
REGION CODE ADDRESS : 70 SHERWOOD ROAD
01 CITY : RIDGEWOOD
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.76100
-------------------------------------------------------------------
0 0031822679 MORTGAGORS: VERDI ROBERT
VERDI LESLEY
REGION CODE ADDRESS : 16 CHESTERFIELD DR
01 CITY : CHESTER
STATE/ZIP : NJ 07930
MORTGAGE AMOUNT : 491,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,307.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 87.67800
-------------------------------------------------------------------
0 0031822703 MORTGAGORS: WOHLGEMUTH JERROLD
WOHLGEMUTH SUSAN
REGION CODE ADDRESS : 2 NORTHRIDGE WAY
01 CITY : WARREN
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 341,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,326.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.17000
-------------------------------------------------------------------
0 0031822729 MORTGAGORS: CARR ALLAN
CARR YVONNE
REGION CODE ADDRESS : 5310 FAIRWEATHER COURT
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 289,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,406.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,902.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98773
-------------------------------------------------------------------
0 0031822810 MORTGAGORS: HOLIK ROBERT
HOLIK RENEE
REGION CODE ADDRESS : 6 BARNSDALE ROAD
01 CITY : NORTH CALDWELL
STATE/ZIP : NJ 07006
MORTGAGE AMOUNT : 999,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,814.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 79.60100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,413,650.00
P & I AMT: 16,350.72
UPB AMT: 2,413,406.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 310
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031823040 MORTGAGORS: KLOUDA MICHAEL
KLOUDA KATHARINA
REGION CODE ADDRESS : 570 PLEASANT AVENUE
01 CITY : GLEN ELLYN
STATE/ZIP : IL 60137
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,608.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,691.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031823206 MORTGAGORS: GORDON MARK
GORDON CYNTHIA
REGION CODE ADDRESS : 19 CROWNSGATE COURT
01 CITY : GERMANTOWN
STATE/ZIP : MD 20874
MORTGAGE AMOUNT : 270,871.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,632.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0031823263 MORTGAGORS: CASE RONALD
WIRKA CATHERINE
REGION CODE ADDRESS : 66 TURKEY HILL ROAD
01 CITY : NEWBURYPORT
STATE/ZIP : MA 01950
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,804.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.36500
-------------------------------------------------------------------
0 0031823495 MORTGAGORS: DONNELLY KURT
DONNELLY MARY
REGION CODE ADDRESS : 2756 LAVENDER DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.73600
-------------------------------------------------------------------
0 0031823651 MORTGAGORS: STOFFEL DALE
REGION CODE ADDRESS : 700 S LEE STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,652.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,620.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.37000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,712,871.00
P & I AMT: 11,525.72
UPB AMT: 1,711,697.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 311
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031823784 MORTGAGORS: HIRMAN CHARLES
HIRMAN JOYCE
REGION CODE ADDRESS : 9924 SW 156TH ST
01 CITY : VASHON
STATE/ZIP : WA 98070
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,792.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031823859 MORTGAGORS: STAUFFER JOHN
STAUFFER CYNTHIA
REGION CODE ADDRESS : 514 QUEEN STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 312,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,530.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,028.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031823909 MORTGAGORS: CAPLIN DAVID
CAPLIN MARCY
REGION CODE ADDRESS : 6561 WESTPOINT DRIVE
01 CITY : HUDSON
STATE/ZIP : OH 44236
MORTGAGE AMOUNT : 247,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,606.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.95000
-------------------------------------------------------------------
0 0031824022 MORTGAGORS: HUTT MICHAEL
HUTT PATRICIA
REGION CODE ADDRESS : 3812 SIMMS ST
01 CITY : WHEAT RIDGE
STATE/ZIP : CO 80033
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 86.80900
-------------------------------------------------------------------
0 0031824063 MORTGAGORS: BAKER TIMOTHY
REGION CODE ADDRESS : 2061 EAST VICTOR ROAD
01 CITY : GILBERT
STATE/ZIP : AZ 85296
MORTGAGE AMOUNT : 297,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,150.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.97300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,407,000.00
P & I AMT: 9,370.37
UPB AMT: 1,405,848.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 312
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031824162 MORTGAGORS: TANAKA STEVEN
VALYO KATHLEEN
REGION CODE ADDRESS : 7302 GOLDEN STAR LANE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 343,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,025.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,312.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 60.97600
-------------------------------------------------------------------
0 0031824204 MORTGAGORS: DOIRON MARK
HAUN RONDA
REGION CODE ADDRESS : 7309 EARL AVENUE N.W.
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031824337 MORTGAGORS: QUATTRONE ROBYN
QUATTRONE DAVID
REGION CODE ADDRESS : 407 SOUTH FAYETTE STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 269,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,890.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0031824485 MORTGAGORS: WALDEN JOHN
WALDEN SUSAN
REGION CODE ADDRESS : 8465 HOLLY LEAF DRIVE
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 361,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,203.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,405.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.25000
-------------------------------------------------------------------
0 0031824493 MORTGAGORS: CHASE EDWARD
CHASE ROSEMARY
REGION CODE ADDRESS : 512 CONCORD AVENUE
01 CITY : BELMONT
STATE/ZIP : MA 02178
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 40.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,585,900.00
P & I AMT: 10,701.46
UPB AMT: 1,584,890.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 313
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031824584 MORTGAGORS: SIANO MAURICE
SIANO SUSAN
REGION CODE ADDRESS : 166 PINE BROOK ROAD
01 CITY : MONTVILLE
STATE/ZIP : NJ 07045
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,780.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.70500
-------------------------------------------------------------------
0 0031824642 MORTGAGORS: PAICOPOLOS ERNEST
BLOOM GAIL
REGION CODE ADDRESS : 27 SOMERSET DRIVE A/K/A LOT 44 SOME
01 CITY : ANDOVER
STATE/ZIP : MA 01801
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,622.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.81500
-------------------------------------------------------------------
0 0031825250 MORTGAGORS: KIRKENDALL THOMAS
KIRKENDALL NANCY
REGION CODE ADDRESS : 187 ROCKY KNOB LANE
01 CITY : NEDERLAND
STATE/ZIP : CO 80466
MORTGAGE AMOUNT : 251,268.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,062.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.79000
-------------------------------------------------------------------
0 0031825300 MORTGAGORS: PEACH RICHARD
MC CARTHY PATRICIA
REGION CODE ADDRESS : 810 CLINTON PLACE
01 CITY : RIVER FOREST
STATE/ZIP : IL 60305
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,775.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.42400
-------------------------------------------------------------------
0 0031825383 MORTGAGORS: ALLEN WILLIAM
CIPRIANI CINDY
REGION CODE ADDRESS : 11260 MONTAUBON WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 394,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,700.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.63600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,590,268.00
P & I AMT: 10,905.25
UPB AMT: 1,589,317.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 314
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031825615 MORTGAGORS: BLAKE JANET
BLAKE THOMAS
REGION CODE ADDRESS : 280 COMMONWEALTH AVENUE, UNIT #209
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 270,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,178.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,798.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031825789 MORTGAGORS: RUBENSTEIN DAVID
LEVINE DEBORAH
REGION CODE ADDRESS : 516 FIRST PARISH ROAD
01 CITY : SCITUATE
STATE/ZIP : MA 02066
MORTGAGE AMOUNT : 272,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,492.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,883.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.51200
-------------------------------------------------------------------
0 0031825888 MORTGAGORS: COHEN ROBERT
COHEN LESLEY
REGION CODE ADDRESS : 29940 EASTVALE COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 431,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.96200
-------------------------------------------------------------------
0 0031825979 MORTGAGORS: FLAGG ALAN
REGION CODE ADDRESS : 944 - 21ST AVENUE
01 CITY : SEATTLE
STATE/ZIP : WA 98122
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,793.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031826324 MORTGAGORS: MCQUILLIN ROBERT
MCQUILLIN ANNE
REGION CODE ADDRESS : 16265 LONG BRANCH ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.96330
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,531,100.00
P & I AMT: 10,271.01
UPB AMT: 1,530,226.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 315
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031826407 MORTGAGORS: CROOKS ROBERT
CROOKS KALPANA
REGION CODE ADDRESS : 233 BELLEVUE STREET
01 CITY : NEWTON
STATE/ZIP : MA 02158
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.63100
-------------------------------------------------------------------
0 0031826449 MORTGAGORS: SADRIEH JALAL
SADRIEH SHAHIN
REGION CODE ADDRESS : 4828 EAST CLIFF COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 335,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.93400
-------------------------------------------------------------------
0 0031826548 MORTGAGORS: NAULLS WILLIAM
REGION CODE ADDRESS : 9330 SOUTH WEST 46TH PLACE
01 CITY : GAINESVILLE
STATE/ZIP : FL 32608
MORTGAGE AMOUNT : 228,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 227,548.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,516.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.30627
-------------------------------------------------------------------
0 0031826746 MORTGAGORS: CASTRO ADRIAN
CASTRO CORAL
REGION CODE ADDRESS : 21357 AMBUSHERS STREET
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,735.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031826951 MORTGAGORS: ROBINSON GARRY
ROBINSON LORI
REGION CODE ADDRESS : 518 STONEWOOD
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78216
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,576,500.00
P & I AMT: 10,627.47
UPB AMT: 1,574,972.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 316
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031827496 MORTGAGORS: DAYANANTHAN NALLARATNAM
REGION CODE ADDRESS : 7316 BOWER LANE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 245,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,399.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98982
-------------------------------------------------------------------
0 0031827959 MORTGAGORS: ZUPCOFSKA PETER
REGION CODE ADDRESS : UNIT 3, 85 DARTMOUTH STREET
01 CITY : BOSTON
STATE/ZIP : MA 02116
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.70700
-------------------------------------------------------------------
0 0031828064 MORTGAGORS: RAUSEO STEPHEN
RAUSEO WINIFRED
REGION CODE ADDRESS : 31 HAMMERSMITH DRIVE
01 CITY : SAUGUS
STATE/ZIP : MA 01906
MORTGAGE AMOUNT : 361,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,580.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.11300
-------------------------------------------------------------------
0 0031828338 MORTGAGORS: CHIANG CHI
HUANG JULIE TZUN
REGION CODE ADDRESS : 8104 STONERIDGE DRIVE
01 CITY : WHITTIER
STATE/ZIP : CA 90605
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 539,546.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,547.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.48200
-------------------------------------------------------------------
0 0031828452 MORTGAGORS: MARCHI KENNETH
MARCHI MARCELLA
REGION CODE ADDRESS : 16 DARBY COURT
01 CITY : CLINTON TOWNSHIP
STATE/ZIP : NJ 08801
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,101.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,804,050.00
P & I AMT: 12,300.30
UPB AMT: 1,802,946.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 317
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031828627 MORTGAGORS: HALL RONALD
HALL BONITA
REGION CODE ADDRESS : 933 SALEM STREET
01 CITY : VISTA
STATE/ZIP : CA 92084
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.59900
-------------------------------------------------------------------
0 0031828650 MORTGAGORS: SCHACHER STEPHEN
SCHACHER ROBERTA
REGION CODE ADDRESS : 1290 ALLGOOD ROAD
01 CITY : ATHENS
STATE/ZIP : GA 30606
MORTGAGE AMOUNT : 257,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,755.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,668.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031828676 MORTGAGORS: MORENO THEODORE
MORENO STEPHANIE
REGION CODE ADDRESS : 13 HIGHPOINT
01 CITY : DOVE CANYON
STATE/ZIP : CA 92679
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031828767 MORTGAGORS: KATSUYOSHI WADE
KATSUYOSHI MICHELLE
REGION CODE ADDRESS : 19063 SAVANNAH COURT,
01 CITY : MORGAN HILL,
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,764.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031828858 MORTGAGORS: ATKINSON PAUL
ATKINSON ANITA
REGION CODE ADDRESS : 1810 OAK AVENUE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 404,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,691.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.90700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,568,900.00
P & I AMT: 10,364.56
UPB AMT: 1,567,738.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 318
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031828874 MORTGAGORS: HENRY WILLARD
HENRY MAUREEN
REGION CODE ADDRESS : 20301 EAST CRESTLINE DRIVE
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,413.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031828916 MORTGAGORS: REID FRANCIS
REGION CODE ADDRESS : 4949 NARVAEZ
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 269,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,547.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031828940 MORTGAGORS: CRAWFORD RAYMOND
CRAWFORD LINDA
REGION CODE ADDRESS : 2801 NE 46 ST
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,756.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.73626
-------------------------------------------------------------------
0 0031828957 MORTGAGORS: ELLIOTT BRUCE
ELLIOTT KIM
REGION CODE ADDRESS : 21 WOODLAND STREET
01 CITY : EDGARTOWN
STATE/ZIP : MA 02539
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,555.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031828965 MORTGAGORS: FARINA MICHAEL
MC INTYRE MARGARET
REGION CODE ADDRESS : 1536 CENTRAL AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,240.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.22222
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,377,700.00
P & I AMT: 9,524.76
UPB AMT: 1,376,272.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 319
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031829013 MORTGAGORS: STEINERT RONALD
STEINERT PATRICIA
REGION CODE ADDRESS : 1592 MICHAEL LANE
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 337,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,209.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031829062 MORTGAGORS: TRAN JOCELYN
REGION CODE ADDRESS : 16942 BOLERO LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,410.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031829120 MORTGAGORS: THORNTON DENNIS
THORNTON YVONNE
REGION CODE ADDRESS : 1951 TRENTON DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,787.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,662.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.37800
-------------------------------------------------------------------
0 0031829211 MORTGAGORS: MENCI DAVID
MENCI LISA
REGION CODE ADDRESS : 865 CASSEL ROAD
01 CITY : COLLEGEVILLE
STATE/ZIP : PA 19426
MORTGAGE AMOUNT : 292,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,822.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,992.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.57700
-------------------------------------------------------------------
0 0031829252 MORTGAGORS: CRENSHAW DONALD
CRENSHAW ANNE
REGION CODE ADDRESS : 26725 LATIGO SHORE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,417.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,537.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.40000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,604,550.00
P & I AMT: 10,680.31
UPB AMT: 1,602,647.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 320
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031829468 MORTGAGORS: WILLIAMS JAMES
HEPBURN BONNIE
REGION CODE ADDRESS : 412 ARLINGTON STREET
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.91000
-------------------------------------------------------------------
0 0031829542 MORTGAGORS: KURTIS SHARON
REGION CODE ADDRESS : 5 S 530 RADCLIFF
01 CITY : NAPERVILLE
STATE/ZIP : IL 60563
MORTGAGE AMOUNT : 248,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,401.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,674.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.62500
-------------------------------------------------------------------
0 0031829773 MORTGAGORS: SAMCO CINDY
REGION CODE ADDRESS : 13434 SW ASCENSION DRIVE
01 CITY : TIGARD
STATE/ZIP : OR 97223
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.25000
-------------------------------------------------------------------
0 0031829880 MORTGAGORS: HARNETT MARK
HARNETT KATHLEEN
REGION CODE ADDRESS : 35 HERITAGE LANE
01 CITY : STOW
STATE/ZIP : MA 01775
MORTGAGE AMOUNT : 340,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 81.97500
-------------------------------------------------------------------
0 0031829989 MORTGAGORS: MOUROUSAS THEODORE
MOUROUSAS GRACE
REGION CODE ADDRESS : LOT 1 FAIRWAY DRIVE
01 CITY : WOBURN
STATE/ZIP : MA 01801
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,980.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.36300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,511,800.00
P & I AMT: 10,105.57
UPB AMT: 1,511,347.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 321
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031830102 MORTGAGORS: LOCK BRADY
LOCK SUSAN
REGION CODE ADDRESS : 224 CALLE PRIMAVERA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.58800
-------------------------------------------------------------------
0 0031830110 MORTGAGORS: LESERVE CHRISTINE
REGION CODE ADDRESS : 696 FOXDALE AVENUE
01 CITY : WINNETKA
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,634.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031830136 MORTGAGORS: ROBERTSON SCOT
ROBERTSON THERESA
REGION CODE ADDRESS : 28 STANFORD DRIVE
01 CITY : HINGHAM
STATE/ZIP : MA 01322
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.07600
-------------------------------------------------------------------
0 0031830490 MORTGAGORS: REINHARDT GLENN
REINHARDT CHERYL
REGION CODE ADDRESS : 313 EATONS LANDING DRIVE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21403
MORTGAGE AMOUNT : 793,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 792,411.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,544.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 66.08300
-------------------------------------------------------------------
0 0031830532 MORTGAGORS: MATTERN TRENT
MATTERN NANCY
REGION CODE ADDRESS : 1261 LENAPE WAY
01 CITY : SCOTCH PLAINS
STATE/ZIP : NJ 07076
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,672.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,050,000.00
P & I AMT: 13,888.82
UPB AMT: 2,048,837.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 322
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031830706 MORTGAGORS: CHRISTIE VERA
CHRISTIE GARY
REGION CODE ADDRESS : 7 LARIAT LOOP
01 CITY : BOZEMAN
STATE/ZIP : MT 59715
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.16400
-------------------------------------------------------------------
0 0031830987 MORTGAGORS: LOW JEFFREY
LOW KELLY
REGION CODE ADDRESS : 1567 VIA CAMPO AUREO
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 488,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,375.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.57100
-------------------------------------------------------------------
0 0031831076 MORTGAGORS: BARD RICHARD
BARD SUZANNE
REGION CODE ADDRESS : 434-436 25TH STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 374,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,685.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,456.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.04300
-------------------------------------------------------------------
0 0031831183 MORTGAGORS: BIRCH STANLEY
SUTTON MARGARET
REGION CODE ADDRESS : 545 MT PARAN RD
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.62600
-------------------------------------------------------------------
0 0031831191 MORTGAGORS: GLANZ JONATHAN
GLANZ JONI
REGION CODE ADDRESS : 13 MAGNOLIA ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,899.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.75500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,994,700.00
P & I AMT: 13,345.34
UPB AMT: 1,993,678.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 323
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031831209 MORTGAGORS: SCIACCA RICHARD
SCIACCA KIMBERLY
REGION CODE ADDRESS : 17 AZALEA ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.28900
-------------------------------------------------------------------
0 0031831266 MORTGAGORS: KRAMER E
KRAMER MARGARET
REGION CODE ADDRESS : 721 GOVERNORS CIRCLE
01 CITY : NEWTOWN SQUARE
STATE/ZIP : PA 19073
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,731.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.56500
-------------------------------------------------------------------
0 0031831373 MORTGAGORS: BURG JEFFREY
BURG MICHELLE
REGION CODE ADDRESS : 23 BROADACRE DRIVE
01 CITY : MOUNT LAUREL
STATE/ZIP : NJ 08054
MORTGAGE AMOUNT : 260,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,591.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031831555 MORTGAGORS: HERTEL JAMES
HAUCK MELANIE
REGION CODE ADDRESS : 95 HIGH STREET
01 CITY : WINNETKA
STATE/ZIP : IL 60093
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,568.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.18180
-------------------------------------------------------------------
0 0031831563 MORTGAGORS: VICKERS LINDA
REGION CODE ADDRESS : 5 DAWN MARIE CIRCLE
01 CITY : FRANKLIN
STATE/ZIP : MA 02038
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,776.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,879.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,518,800.00
P & I AMT: 10,169.31
UPB AMT: 1,518,099.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 324
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031831670 MORTGAGORS: LEVY MARK
LEVY CHRISTINE
REGION CODE ADDRESS : 1144 WEST AVENUE
01 CITY : RICHMOND
STATE/ZIP : VA 23220
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031831829 MORTGAGORS: CARPENTER HOWARD
REGION CODE ADDRESS : 394 RIMHURST COURT
01 CITY : OCEANSIDE
STATE/ZIP : CA 92054
MORTGAGE AMOUNT : 259,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,193.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99400
-------------------------------------------------------------------
0 0031831969 MORTGAGORS: OLEVSKY MAXIM
KARMANOVA MARGARITA
REGION CODE ADDRESS : 1210 NORTH ASTOR
01 CITY : CHICAGO
STATE/ZIP : IL 60610
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031832314 MORTGAGORS: IRWIN JAMES
IRWIN JANINE
REGION CODE ADDRESS : 4510 RIVER MANSIONS TRACE
01 CITY : DULUTH
STATE/ZIP : GA 30096
MORTGAGE AMOUNT : 270,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,572.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031832421 MORTGAGORS: LOMBARDO BRUCE
LOMBARDO MARTHA
REGION CODE ADDRESS : 732 OAK SPRINGS ROAD
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,732.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,168.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.91600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,472,400.00
P & I AMT: 9,856.36
UPB AMT: 1,471,218.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 325
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031832652 MORTGAGORS: PACHECO RANDALL
PACHECO LONA
REGION CODE ADDRESS : 5232 CLARK CIRCLE
01 CITY : WESTMINSTER
STATE/ZIP : CA 92683
MORTGAGE AMOUNT : 260,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,858.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.87800
-------------------------------------------------------------------
0 0031832934 MORTGAGORS: GALLANT WILLIAM
GALLANT VANESSA
REGION CODE ADDRESS : 100 W HIGHLAND DRIVE #211
01 CITY : SEATTLE
STATE/ZIP : WA 98119
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,699.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031832967 MORTGAGORS: HASSUN ARMANDO
HASSUN JACQUELINE
REGION CODE ADDRESS : 331 ISLA DORADA BLVD
01 CITY : CORAL GABLES
STATE/ZIP : FL 33156
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,520.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,042.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031832991 MORTGAGORS: WINEMAN ALVIN
WINEMAN SHIRLEY
REGION CODE ADDRESS : 10 BELCOURT DRIVE SOUTH
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 539,578.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,683.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031833320 MORTGAGORS: NEDELA DAVID
NEDELA PENNY
REGION CODE ADDRESS : 19901 TELEGRAPH SPRINGS ROAD
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 293,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,952,650.00
P & I AMT: 13,089.18
UPB AMT: 1,951,307.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 326
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031833668 MORTGAGORS: HACKMAN JOHN
WU KATHERINE
REGION CODE ADDRESS : 4270 LE BOURGET AVENUE
01 CITY : CULVER CITY
STATE/ZIP : CA 90232
MORTGAGE AMOUNT : 279,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,006.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.69 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 11/01/23
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031833767 MORTGAGORS: WINNEGUTH MICHAEL
WINNEGUTH ELISE
REGION CODE ADDRESS : 5301 HILLCREST DRIVE
01 CITY : CAMBRIA
STATE/ZIP : CA 93428
MORTGAGE AMOUNT : 377,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,984.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031833957 MORTGAGORS: GUERRERO MICHAEL
REGION CODE ADDRESS : 245 BERSHIRE DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,526.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,141.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.50000
-------------------------------------------------------------------
0 0031834062 MORTGAGORS: BOLINGER JAMES
BOLINGER CATHY
REGION CODE ADDRESS : 4 ASTOR COURT
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,903.63 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.66600
-------------------------------------------------------------------
0 0031834070 MORTGAGORS: JOYCE JOHN
JOYCE DIANE
REGION CODE ADDRESS : 16 COOLIDGE DRIVE
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,055.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.43800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,717,900.00
P & I AMT: 12,240.67
UPB AMT: 1,717,133.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 327
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031834187 MORTGAGORS: DEADY JAMES
DEADY VALERIE
REGION CODE ADDRESS : 1012 LINDEN AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 258,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,282.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,698.16 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 54.42100
-------------------------------------------------------------------
0 0031834260 MORTGAGORS: AHMADIEH HAMIDEH
REGION CODE ADDRESS : 806 LA TIERRA COURT
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 247,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,416.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99000
-------------------------------------------------------------------
0 0031834286 MORTGAGORS: YIK VOYHUNG
YIK MARY
REGION CODE ADDRESS : 635 S MONTERRA WAY
01 CITY : BUENA PARK
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 302,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,339.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,962.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.00000
-------------------------------------------------------------------
0 0031834435 MORTGAGORS: BENNETT DONALD
BENNETT SHELLEY
REGION CODE ADDRESS : 6022 STONEHENGE PLACE
01 CITY : NORTH BETHESDA
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,003.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.98100
-------------------------------------------------------------------
0 0031834500 MORTGAGORS: ISOLA ROBERT
ISOLA MARLENE
REGION CODE ADDRESS : 8 YELLOWBROOK ROAD
01 CITY : HOLMDEL
STATE/ZIP : NJ 07733
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.33300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,423,200.00
P & I AMT: 9,482.64
UPB AMT: 1,422,042.28
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 328
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031834708 MORTGAGORS: AMES TODD
AMES LAURA
REGION CODE ADDRESS : 2442 258TH COURT S. E.
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.83300
-------------------------------------------------------------------
0 0031834716 MORTGAGORS: DURKIN JUDITH
DURKIN JOHN
REGION CODE ADDRESS : 85 CULVER ROAD
01 CITY : GROTON
STATE/ZIP : MA 01450
MORTGAGE AMOUNT : 256,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,050.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.12500
-------------------------------------------------------------------
0 0031834773 MORTGAGORS: MITCHELL JOANNE
BETTS JONATHAN
REGION CODE ADDRESS : 35 HIGH STREET
01 CITY : HOLLISTON
STATE/ZIP : MA 01746
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,801.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031834831 MORTGAGORS: CALLAHAN MICHAEL
CALLAHAN LOIS
REGION CODE ADDRESS : 25 WHITTIER ROAD
01 CITY : WELLESLEY
STATE/ZIP : MA 02181
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031835531 MORTGAGORS: FOSTER MICHAEL
FOSTER PAMELA
REGION CODE ADDRESS : 2808 CHURCHILL COURT
01 CITY : HIGH POINT
STATE/ZIP : NC 27262
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,000.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,733,050.00
P & I AMT: 11,596.27
UPB AMT: 1,731,523.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 329
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031835606 MORTGAGORS: MORIARTY MICHAEL
MORIARTY LESLIE
REGION CODE ADDRESS : 23742 SAINT ELENA
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,562.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031835671 MORTGAGORS: TAMA JOSEPH
TAMA JOYCE
REGION CODE ADDRESS : 54 POUTING ROCK ROAD
01 CITY : MAHOPAC
STATE/ZIP : NY 10541
MORTGAGE AMOUNT : 350,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,576.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,393.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 94.99600
-------------------------------------------------------------------
0 0031835937 MORTGAGORS: MAGUIRE SAMUEL
REGION CODE ADDRESS : 2001 WOODSDALE ROAD, NE
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 570,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,932.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,794.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031835994 MORTGAGORS: ORTEGA ALONZO
REGION CODE ADDRESS : 311 BOX OAK
01 CITY : SAN ANTONIO
STATE/ZIP : TX 78230
MORTGAGE AMOUNT : 536,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 535,105.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,613.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.23190
-------------------------------------------------------------------
0 0031836042 MORTGAGORS: JACKSON DANIEL
JACKSON MELISSA
REGION CODE ADDRESS : 3001 VINSON LANE
01 CITY : PLANO
STATE/ZIP : TX 75093
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,579.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,284.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,204,850.00
P & I AMT: 14,649.26
UPB AMT: 2,202,394.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 330
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031836059 MORTGAGORS: LOCKER STEPHEN
LOCKER ROBIN
REGION CODE ADDRESS : 838 PAPEN ROAD
01 CITY : BRIDGEWATER
STATE/ZIP : NJ 08807
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,648.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.00000
-------------------------------------------------------------------
0 0031836067 MORTGAGORS: NOVACK SCOTT
NOVACK LISA
REGION CODE ADDRESS : 33A STONECLEAVE ROAD
01 CITY : BOXFORD
STATE/ZIP : MA 01921
MORTGAGE AMOUNT : 259,920.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,920.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031836125 MORTGAGORS: SPEAR ELLEN
SPEAR D.
REGION CODE ADDRESS : 103 TEMPLE ROAD
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 295,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,941.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.34900
-------------------------------------------------------------------
0 0031836166 MORTGAGORS: KLENK LISA
KLENK PETER
REGION CODE ADDRESS : 2206 DELANCEY PLACE
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19103
MORTGAGE AMOUNT : 298,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,011.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031836182 MORTGAGORS: MAISLIN GREG
MAISLIN LUCY
REGION CODE ADDRESS : 1357 GARDEN RD
01 CITY : WYNNEWOOD
STATE/ZIP : PA 19096
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.94736
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,594,020.00
P & I AMT: 10,671.32
UPB AMT: 1,593,434.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 331
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031836307 MORTGAGORS: CASLER PAUL
CASLER MICHELE
REGION CODE ADDRESS : 450 FAWN GLEN DRIVE
01 CITY : ROSWELL,
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 315,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,153.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.93300
-------------------------------------------------------------------
0 0031836406 MORTGAGORS: BATTLE BRUCE
BATTLE SUE
REGION CODE ADDRESS : 10816 RONDEAU WOODS CT
01 CITY : RALEIGH
STATE/ZIP : NC 27614
MORTGAGE AMOUNT : 404,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,660.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,653.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.45400
-------------------------------------------------------------------
0 0031836471 MORTGAGORS: HETZEL JAMES
HETZEL WHITNEY
REGION CODE ADDRESS : 4017 WEDDINGTON MANOR COURT
01 CITY : MATTHEWS
STATE/ZIP : NC 28104
MORTGAGE AMOUNT : 314,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,829.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,037.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031836653 MORTGAGORS: CARACAPPA MICHAEL
CARACAPPA KRISTI
REGION CODE ADDRESS : 4591 NORTHDALE DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,732.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,089.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.50000
-------------------------------------------------------------------
0 0031836703 MORTGAGORS: HOMEIER KEITH
HOMEIER PEGGY
REGION CODE ADDRESS : 3879 CIARLO LANE
01 CITY : VACAVILLE
STATE/ZIP : CA 95688
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,753.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.05 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: 1,659,500.00
P & I AMT: 11,006.90
UPB AMT: 1,658,130.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 332
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031836752 MORTGAGORS: CHARLESTON GOMEZ
CHARLESTON ROBIN
REGION CODE ADDRESS : 1320 E 58TH STREET
01 CITY : CHICAGO
STATE/ZIP : IL 60637
MORTGAGE AMOUNT : 551,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 551,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,347.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.12500 PRODUCT CODE : 002
LTV : 68.02400
-------------------------------------------------------------------
0 0031836794 MORTGAGORS: ERICKSON CARL
REGION CODE ADDRESS : 56 HOPKINS GREEN
01 CITY : HOPKINTON
STATE/ZIP : NH 03229
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,772.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031836828 MORTGAGORS: SZCZYGIEL DAWN
SZCZYGIEL PAUL
REGION CODE ADDRESS : 26 BLACKTHORN ROAD
01 CITY : SHREWSBURY
STATE/ZIP : MA 01545
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.18100
-------------------------------------------------------------------
0 0031836885 MORTGAGORS: SCHACHTER STEVEN
SCHACHTER FAYE
REGION CODE ADDRESS : 2704 EDGEWATER COURT
01 CITY : FORT LAUDERDALE
STATE/ZIP : FL 33332
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.94100
-------------------------------------------------------------------
0 0031836901 MORTGAGORS: SIMON ERIC
REGION CODE ADDRESS : 2479 NW 61 DIAGONAL
01 CITY : BOCA RATON
STATE/ZIP : FL 33496
MORTGAGE AMOUNT : 468,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 468,086.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,999.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.08333
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,876,500.00
P & I AMT: 12,073.59
UPB AMT: 1,875,641.65
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 333
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031836968 MORTGAGORS: CROMIE TED
CROMIE TRACY
REGION CODE ADDRESS : 127 SILVER EAGLE LANE
01 CITY : MOORESVILLE
STATE/ZIP : NC 28117
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 52.10100
-------------------------------------------------------------------
0 0031837016 MORTGAGORS: SALVA PAUL
SALVA FRANCIA
REGION CODE ADDRESS : 210 PIN OAK ROAD
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 347,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,942.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,427.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031837578 MORTGAGORS: STRAYER GREGORY
STRAYER REBECCA
REGION CODE ADDRESS : 6571 POLO CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 631,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 630,495.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,251.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.89800
-------------------------------------------------------------------
0 0031837594 MORTGAGORS: BROWN MATTHEW
POND KIRSTEN
REGION CODE ADDRESS : 2731 NORTH MAGNOLIA
01 CITY : CHICAGO
STATE/ZIP : IL 60614
MORTGAGE AMOUNT : 453,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 453,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,013.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.47368
-------------------------------------------------------------------
0 0031837859 MORTGAGORS: AGEL RIAD
AGEL KIMBERLEY
REGION CODE ADDRESS : 17 SYCAMORE COURT
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94061
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,563.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,820.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,291,200.00
P & I AMT: 15,433.79
UPB AMT: 2,290,000.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 334
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031837867 MORTGAGORS: CALHOUN MICHAEL
WILLIAMS KATHY
REGION CODE ADDRESS : 73 MILLAND DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 336,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,237.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,295.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.84200
-------------------------------------------------------------------
0 0031837875 MORTGAGORS: CEBE JERRY
CEBE CAROL
REGION CODE ADDRESS : 3 DIPSEA ROAD
01 CITY : STINSON BEACH
STATE/ZIP : CA 94970
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 57.77777
-------------------------------------------------------------------
0 0031837909 MORTGAGORS: KIERS J
FUGATE ELIZABETH
REGION CODE ADDRESS : 60 CORTE AMADO
01 CITY : LARKSPUR
STATE/ZIP : CA 94904
MORTGAGE AMOUNT : 371,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,509.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,536.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.67600
-------------------------------------------------------------------
0 0031838030 MORTGAGORS: RAFFERTY JOSEPH
RAFFERTY KATHLEEN
REGION CODE ADDRESS : 7 HEMLOCK STREET
01 CITY : KINGSTON
STATE/ZIP : MA 02364
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.62900
-------------------------------------------------------------------
0 0031838238 MORTGAGORS: KOVACS GEORGE
KOVACS JUNE
REGION CODE ADDRESS : 2136 WALES DRIVE
01 CITY : ENCINITAS
STATE/ZIP : CA 92007
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,958,300.00
P & I AMT: 13,311.81
UPB AMT: 1,956,761.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 335
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031838303 MORTGAGORS: SRINIVASAN BALAJI
BALAJI ANURADHA
REGION CODE ADDRESS : 33 LILY COURT
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 312,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,084.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,185.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0031838386 MORTGAGORS: GOLDBERG MARTIN
GOLDBERG CYDNEY
REGION CODE ADDRESS : 969 ST. LYONN COURTS
01 CITY : MARIETTA
STATE/ZIP : GA 30068
MORTGAGE AMOUNT : 537,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 535,229.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,484.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.39400
-------------------------------------------------------------------
0 0031838477 MORTGAGORS: STEINBECK JOHN
REGION CODE ADDRESS : 24280 AVENIDA DE MARCIA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92686
MORTGAGE AMOUNT : 512,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 511,600.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031838493 MORTGAGORS: KALIVAS GEORGE
KALIVAS POTA
REGION CODE ADDRESS : 1156 OLD PHILLIPS ROAD
01 CITY : GLENDALE
STATE/ZIP : CA 91207
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.33500
-------------------------------------------------------------------
0 0031838584 MORTGAGORS: MEYER CHARLES
MEYER JUDY
REGION CODE ADDRESS : 81 NORTH LAKESIDE DRIVE WEST
01 CITY : MEDFORD
STATE/ZIP : NJ 08055
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.26000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,221,750.00
P & I AMT: 14,968.38
UPB AMT: 2,218,229.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 336
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031838766 MORTGAGORS: SUCHOREBROW VICTOR
SUCHOREBROW NANCY
REGION CODE ADDRESS : 5510 SMALLWOOD COURT
01 CITY : CLARKSVILLE
STATE/ZIP : MD 21029
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.44400
-------------------------------------------------------------------
0 0031838808 MORTGAGORS: BONFIELD DAVID
BONFIELD SUSAN
REGION CODE ADDRESS : 5 NASSAU COURT
01 CITY : SKILLMAN
STATE/ZIP : NJ 08558
MORTGAGE AMOUNT : 273,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.83700
-------------------------------------------------------------------
0 0031838899 MORTGAGORS: O'KEEFE CHERYL
REGION CODE ADDRESS : 17 MACFARLANE DRIVE
01 CITY : KINGSTON
STATE/ZIP : MA 02364
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.05800
-------------------------------------------------------------------
0 0031838923 MORTGAGORS: RODRIGUEZ ROBERT
ROBERTS KATHERINE
REGION CODE ADDRESS : 40 HIGHLAND STREET
01 CITY : CONCORD
STATE/ZIP : MA 01742
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.75000
-------------------------------------------------------------------
0 0031838956 MORTGAGORS: GADDIS SCOTT
GADDIS NICOLE
REGION CODE ADDRESS : 21 DECATUR LANE
01 CITY : WAYLAND
STATE/ZIP : MA 01778
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 38.41200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,486,600.00
P & I AMT: 10,019.65
UPB AMT: 1,486,418.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 337
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031838964 MORTGAGORS: VERDERAME JACK
VERDERAME KATHERINE
REGION CODE ADDRESS : 5540 BEAVER LANE
01 CITY : BYRON
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 287,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,048.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 60.54736
-------------------------------------------------------------------
0 0031839079 MORTGAGORS: KINNEY PAUL
REGION CODE ADDRESS : 86 WEST SHORE DRIVE
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.33300
-------------------------------------------------------------------
0 0031839475 MORTGAGORS: SCHIRMER KEITH
SCHIRMER ZOE
REGION CODE ADDRESS : 35 FAIRMAYDEN LANE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,789.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 41.32200
-------------------------------------------------------------------
0 0031839517 MORTGAGORS: LIKENS WILLIAM
LIKENS ANNA
REGION CODE ADDRESS : 1780 BEGEN AVENUE
01 CITY : MOUNTAIN VIEW
STATE/ZIP : CA 94040
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0031839541 MORTGAGORS: WEIRSHAUSER MASON
WEIRSHAUSER BECKY
REGION CODE ADDRESS : 19081 CLAYTON AVENUE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,638.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,724.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 76.36300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,492,600.00
P & I AMT: 9,836.20
UPB AMT: 1,491,268.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 338
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031839657 MORTGAGORS: O'BRIEN PATRICK
O'BRIEN LINDA
REGION CODE ADDRESS : 19240 NORTHFLEET WAY
01 CITY : TARZANA
STATE/ZIP : CA 91356
MORTGAGE AMOUNT : 945,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 944,262.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,446.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 69.48500
-------------------------------------------------------------------
0 0031839764 MORTGAGORS: ANGELLI CHRISTINE
NEFF KAREN
REGION CODE ADDRESS : 3117 17TH STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 353,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,410.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,353.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031839822 MORTGAGORS: CHRISTIANSON DAVID
CHRISTIANSON ANASTASIA
REGION CODE ADDRESS : 160 CARNOUSTIE WAY
01 CITY : MEDIA
STATE/ZIP : PA 19063
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,647.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,759.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.85200
-------------------------------------------------------------------
0 0031839855 MORTGAGORS: ARMSTRONG LARRY
OLIVER BETH
REGION CODE ADDRESS : 8323 & 8325 W. 4TH STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90048
MORTGAGE AMOUNT : 386,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,350.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,444.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 75.82300
-------------------------------------------------------------------
0 0031839863 MORTGAGORS: KOTZEN PETER
KOTZEN KAREN
REGION CODE ADDRESS : 786 NEWTON STREET
01 CITY : BROOKLINE
STATE/ZIP : MA 02167
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.21739
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,503,400.00
P & I AMT: 16,617.64
UPB AMT: 2,501,670.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 339
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031839988 MORTGAGORS: GOTTLIEB ROBERT
GOTTLIEB MARY
REGION CODE ADDRESS : 10 MOUNTAIN SPRING ROAD
01 CITY : FARMINGTON
STATE/ZIP : CT 06032
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,638.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 48.48400
-------------------------------------------------------------------
0 0031840002 MORTGAGORS: IMMERGUT SCOTT
SCHIFF ROBIN
REGION CODE ADDRESS : 838 TEAKWOOD ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,544.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,840.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.25000
-------------------------------------------------------------------
0 0031840028 MORTGAGORS: O'FARRELL ROBERT
O'FARRELL BRANDALYN
REGION CODE ADDRESS : 23504 81ST AVENUE SOUTHEAST,
01 CITY : WOODINVILLE,
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,301.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.88800
-------------------------------------------------------------------
0 0031840127 MORTGAGORS: DEMETRO JAMES
REGION CODE ADDRESS : 67 BAY ROAD
01 CITY : BARRINGTON
STATE/ZIP : RI 02806
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,151.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031840440 MORTGAGORS: CASPER JONATHAN
BENEDICT KENNETTE
REGION CODE ADDRESS : 1315 DAVIS STREET
01 CITY : EVANSTON
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,220.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.31900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,990,000.00
P & I AMT: 13,042.30
UPB AMT: 1,989,182.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 340
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031840481 MORTGAGORS: NOONE ROBERT
NOONE KATHLEEN
REGION CODE ADDRESS : 1318 GREENWOOD
01 CITY : EVANSTON
STATE/ZIP : IL 60201
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.42800
-------------------------------------------------------------------
0 0031840515 MORTGAGORS: GRIFFIN LAWRENCE
GRIFFIN ELIZABETH
REGION CODE ADDRESS : 2390 CHANDLER COURT
01 CITY : AURORA
STATE/ZIP : IL 60504
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,637.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.08500
-------------------------------------------------------------------
0 0031840549 MORTGAGORS: XIAO BUZHE
LU WEILI
REGION CODE ADDRESS : 1538 RANCHO HILLS DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031840556 MORTGAGORS: JOHNSON ROSALIND
REGION CODE ADDRESS : 190 TEMPLE STREET
01 CITY : WEST NEWTON
STATE/ZIP : MA 02465
MORTGAGE AMOUNT : 245,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,612.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 46.76100
-------------------------------------------------------------------
0 0031840663 MORTGAGORS: HISGILOV HAGGAI
HISGILOV LISA
REGION CODE ADDRESS : 3161 CLARITA COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,146.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.27000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,390,100.00
P & I AMT: 9,377.83
UPB AMT: 1,389,182.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 341
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031840762 MORTGAGORS: DAVIS JASON
RESH KARI
REGION CODE ADDRESS : 164-A MERRILL PLACE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031841091 MORTGAGORS: SMITH LAURENCE
SMITH SHARON
REGION CODE ADDRESS : 1422 NORTH BEVERLY GLEN BOULEVARD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 293,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,040.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.26600
-------------------------------------------------------------------
0 0031841216 MORTGAGORS: WHEATON CHRISTOPHER
WHEATON MOLIE
REGION CODE ADDRESS : 125 BRETANO WAY
01 CITY : GREENBRAE,
STATE/ZIP : CA 94901
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.00000
----------------------------------------------------------------------------
0 0031841281 MORTGAGORS: BROUWER DONAVAN
BROUWER MARIA
REGION CODE ADDRESS : 7171 WEST RIALTO AVENUE
01 CITY : FRESNO
STATE/ZIP : CA 93722
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,475.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,067.41 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.29300
-------------------------------------------------------------------
0 0031841307 MORTGAGORS: BENNETT THELMA
REGION CODE ADDRESS : 557 NORTH 83RD STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 255,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,679.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,659.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99374
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,518,150.00
P & I AMT: 10,119.80
UPB AMT: 1,516,479.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 342
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031841380 MORTGAGORS: KRAUS J.
KRAUS JANET
REGION CODE ADDRESS : 7211 ROCK RIDGE TERRACE
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,731.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.36800
-------------------------------------------------------------------
0 0031841513 MORTGAGORS: LITTLEJOHN MCKINLEY
REGION CODE ADDRESS : 903 BAY HILL LANE
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 435,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,234.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,861.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
0 0031841737 MORTGAGORS: SMITH CAREY
REGION CODE ADDRESS : 12455 SEATON WAY
01 CITY : TUSTIN
STATE/ZIP : CA 92782
MORTGAGE AMOUNT : 364,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,701.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031841760 MORTGAGORS: HENDERSON KEITH
HENDERSON CYNTHIA
REGION CODE ADDRESS : 10406 BROADFIELD COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,627.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,604.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031841877 MORTGAGORS: SIGEL STEVEN
REGION CODE ADDRESS : 352 CHESTNUT STREET
01 CITY : NORTH ANDOVER
STATE/ZIP : MA 01845
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.41500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,831,600.00
P & I AMT: 11,935.39
UPB AMT: 1,830,294.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 343
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031841893 MORTGAGORS: WHARTON M. DENNIS
INGRAM LISA
REGION CODE ADDRESS : 21648 PICCADILLY CIRCUS COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 267,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,580.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.53300
-------------------------------------------------------------------
0 0031841919 MORTGAGORS: CARR STEVEN
CARR DEBORAH
REGION CODE ADDRESS : 1051 VALLEY ROAD
01 CITY : LAKE FOREST,
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.92900
-------------------------------------------------------------------
0 0031841927 MORTGAGORS: BECTON BENNIE
REGION CODE ADDRESS : 4881 CORSO CIRCLE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 252,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,687.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,661.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.35100
-------------------------------------------------------------------
0 0031841935 MORTGAGORS: DALLMAR HOWARD
DALLMAR KERRY
REGION CODE ADDRESS : 1390 GARDEN LANE
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 510,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 509,571.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,350.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 49.51400
-------------------------------------------------------------------
0 0031841992 MORTGAGORS: PRIOR RONALD
MARKS-PRIOR RONNA
REGION CODE ADDRESS : 10008 OAK TREE COURT
01 CITY : LONE TREE
STATE/ZIP : CO 80124
MORTGAGE AMOUNT : 416,780.00 OPTION TO CONVERT :
UNPAID BALANCE : 416,780.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,772.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.74500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,713,480.00
P & I AMT: 11,313.70
UPB AMT: 1,712,619.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 344
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031842008 MORTGAGORS: WEIS JEFFERY
COURTNEY KECIA
REGION CODE ADDRESS : 12598 EAST PEMBROOKE CIRCLE
01 CITY : CARMEL
STATE/ZIP : IN 46032
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,617.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.18400
-------------------------------------------------------------------
0 0031842107 MORTGAGORS: ANGELLOTTI ANTHONY
ANGELLOTTI SHEILA
REGION CODE ADDRESS : 10648 GREAT EGRET
01 CITY : ORLAND PARK
STATE/ZIP : IL 60462
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,730.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,959.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 76.88400
-------------------------------------------------------------------
0 0031842297 MORTGAGORS: KLICKMAN HOWARD
KLICKMAN LORIE
REGION CODE ADDRESS : 717 FAIRFIELD COURT
01 CITY : WESTMONT
STATE/ZIP : IL 60559
MORTGAGE AMOUNT : 386,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,190.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,603.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 82.93900
-------------------------------------------------------------------
0 0031842347 MORTGAGORS: HOOVER MARK
REGION CODE ADDRESS : 23 MONTGOMERY
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 431,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,468.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,765.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
0 0031842362 MORTGAGORS: JACOBSON TOM
JACOBSON SUSAN
REGION CODE ADDRESS : 254 N TIGERTAIL ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 990,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 989,227.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,753.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 53.51300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,434,250.00
P & I AMT: 16,130.38
UPB AMT: 2,432,235.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 345
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031842396 MORTGAGORS: HARRIS KENNETH
HARRIS THERESA
REGION CODE ADDRESS : 20 HAMMONDSWOOD ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02467
MORTGAGE AMOUNT : 348,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.70000
-------------------------------------------------------------------
0 0031842503 MORTGAGORS: METCALF GREGORY
METCALF JEAN
REGION CODE ADDRESS : 29 ALONDRA
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.19700
-------------------------------------------------------------------
0 0031843014 MORTGAGORS: LANES STEPHAN
LANES MARSHA
REGION CODE ADDRESS : 19 HOMESTEAD ROAD
01 CITY : SOUTHBURY
STATE/ZIP : CT 06488
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,049.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031843048 MORTGAGORS: CARNEY WILFRED
REGION CODE ADDRESS : 43 ACOAXET STREET
01 CITY : WESTPORT
STATE/ZIP : MA 02790
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.28900
-------------------------------------------------------------------
0 0031843097 MORTGAGORS: KRAM DAVID
KRAM JANICE
REGION CODE ADDRESS : 28 O'MALLEY ROAD
01 CITY : MARLBOROUGH
STATE/ZIP : MA 01752
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,589.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.86700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,470,500.00
P & I AMT: 10,150.90
UPB AMT: 1,470,277.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 346
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031843295 MORTGAGORS: DE JONG ALLAN
REGION CODE ADDRESS : 3499 HIGH GROVE WAY
01 CITY : ATLANTA
STATE/ZIP : GA 30319
MORTGAGE AMOUNT : 341,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,010.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,215.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031843584 MORTGAGORS: LYON ERIC
LYON ANNETTE
REGION CODE ADDRESS : 5585 EAST SEASIDE WALK
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 407,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,666.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,707.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.79200
-------------------------------------------------------------------
0 0031843824 MORTGAGORS: GRENIER KENNETH
GRENIER JAN
REGION CODE ADDRESS : 29187 FOX RUN LANE
01 CITY : VALLEY CENTER
STATE/ZIP : CA 92082
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 234,812.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,583.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98700
-------------------------------------------------------------------
0 0031843857 MORTGAGORS: MANN CHARLES
MANN MARY
REGION CODE ADDRESS : 23009 WEYMOUTH PLACE
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91354
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.76700
-------------------------------------------------------------------
0 0031843964 MORTGAGORS: OBEGI GOFFRIL
OBEGI SHERYL
REGION CODE ADDRESS : 2010 NW 47TH AVENUE
01 CITY : CAMAS
STATE/ZIP : WA 98607
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,583.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,563,600.00
P & I AMT: 10,536.49
UPB AMT: 1,561,613.68
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 347
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031844137 MORTGAGORS: FORRESTER RICHARD
FORRESTER JALAYNE
REGION CODE ADDRESS : 3374 LONDONDERRY PLACE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,761.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,865.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031844145 MORTGAGORS: O'KEEFE KEVIN
O'KEEFE DIANA
REGION CODE ADDRESS : 843 SOUTH GENEVIEVE LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,735.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031844194 MORTGAGORS: STORMS JAMES
GOLDEN NANCY
REGION CODE ADDRESS : 4 EL-WILL FARM RD.
01 CITY : BEDFORD
STATE/ZIP : MA 01730
MORTGAGE AMOUNT : 254,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.63100
-------------------------------------------------------------------
0 0031844426 MORTGAGORS: OSSYRA WILLIAM
OSSYRA MAUREEN
REGION CODE ADDRESS : 511 LINDEN AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,483.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.27200
-------------------------------------------------------------------
0 0031844574 MORTGAGORS: HOMONEK FREDERICK
HOMONEK TAMMY
REGION CODE ADDRESS : 3260 KATES WAY
01 CITY : DULUTH
STATE/ZIP : GA 30097
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 : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.07400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,531,000.00
P & I AMT: 10,053.88
UPB AMT: 1,529,978.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 348
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031844640 MORTGAGORS: THEOHAROUS MARK
ZALABAK SHARON
REGION CODE ADDRESS : 3537 N. MARSHFIELD
01 CITY : CHICAGO
STATE/ZIP : IL 60657
MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,774.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.27592
-------------------------------------------------------------------
0 0031844863 MORTGAGORS: HETTINGER BARRY
HETTINGER GAIL
REGION CODE ADDRESS : 5156 DEREK DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95136
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,784.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.88165
-------------------------------------------------------------------
0 0031844947 MORTGAGORS: KNIGHT DONALD
KNIGHT CRISTINA
REGION CODE ADDRESS : 2545 W 233RD ST
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,757.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 61.77700
-------------------------------------------------------------------
0 0031845035 MORTGAGORS: LANGE WILLIAM
LANGE SHERRI
REGION CODE ADDRESS : 1824 HAWTHORNE BLVD.
01 CITY : WHEATON
STATE/ZIP : IL 60187
MORTGAGE AMOUNT : 383,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,521.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.95800
-------------------------------------------------------------------
0 0031845142 MORTGAGORS: GARGIULO CARLOS
GARGIULO AMALIA
REGION CODE ADDRESS : 4609 HEREND PLACE
01 CITY : FAIRFAX
STATE/ZIP : VA 22032
MORTGAGE AMOUNT : 263,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,667.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,689.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,464,700.00
P & I AMT: 9,554.41
UPB AMT: 1,464,025.27
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 349
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031845167 MORTGAGORS: OBETZ JOHN
OBETZ MICHELLE
REGION CODE ADDRESS : 4 SMITH COURT
01 CITY : HILLSBOROUGH TOWNSHIP
STATE/ZIP : NJ 08502
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 86.56200
-------------------------------------------------------------------
0 0031845175 MORTGAGORS: ROTHBERG REI
FRANCIS SARAH
REGION CODE ADDRESS : 1 EXETER LANE
01 CITY : MORRISTOWN
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,801.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.26605
-------------------------------------------------------------------
0 0031845191 MORTGAGORS: FEENEY FRANCIS
FEENEY DONNA
REGION CODE ADDRESS : 12703 HUNT MANOR COURT
01 CITY : FAIRFAX
STATE/ZIP : VA 22033
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,145.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.82300
-------------------------------------------------------------------
0 0031845290 MORTGAGORS: ALBRECHT GENE
AUSTIN M.
REGION CODE ADDRESS : 1933 WESTRIDGE TERRACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 583,588.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,941.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.05000
-------------------------------------------------------------------
0 0031845316 MORTGAGORS: RODEN DON
RODEN BEVERLY
REGION CODE ADDRESS : 5825 MITCHELL ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30328
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,652.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,916,900.00
P & I AMT: 12,575.28
UPB AMT: 1,915,240.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 350
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031845365 MORTGAGORS: SPENCER RICHARD
SPENCER ERIN
REGION CODE ADDRESS : 135 AVERY DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30309
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,713.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 30.09200
-------------------------------------------------------------------
0 0031845407 MORTGAGORS: JEFCOAT DOUGLAS
JEFCOAT DEBORAH
REGION CODE ADDRESS : #1 OVERSEE COURT
01 CITY : MIDLAND
STATE/ZIP : GA 31820
MORTGAGE AMOUNT : 262,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,273.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031845480 MORTGAGORS: MCKEON JAMES
MCKEON NANCY
REGION CODE ADDRESS : 1613 BROAD RUN ROAD
01 CITY : LANENBURG
STATE/ZIP : PA 19350
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,762.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,539.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 69.44400
-------------------------------------------------------------------
0 0031845555 MORTGAGORS: GIBSON ERIC
GIBSON KAY
REGION CODE ADDRESS : 30 TOILSOME LANE
01 CITY : EAST HAMPTON
STATE/ZIP : NY 11937
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,713.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.14893
-------------------------------------------------------------------
0 0031845712 MORTGAGORS: ANDERSON STEPHEN
ANDERSON KAREN
REGION CODE ADDRESS : 7232 SOUTH CHAPPARAL CIRCLE, E
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,740.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,882.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.43000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,456,500.00
P & I AMT: 9,286.41
UPB AMT: 1,455,203.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 351
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031845738 MORTGAGORS: SCOTT JEFFREY
SCOTT DONNA
REGION CODE ADDRESS : 421 PIRATE ROAD
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0031845779 MORTGAGORS: BOENNIGHAUSEN MARK
BOENNIGHAUSEN SUSAN
REGION CODE ADDRESS : 419 PACO DRIVE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 456,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,995.60 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.55500
-------------------------------------------------------------------
0 0031845878 MORTGAGORS: SENA RICHARD
SENA TERESA
REGION CODE ADDRESS : 11107 SAN BERNARDINO DR NE
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 255,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,490.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,701.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99100
-------------------------------------------------------------------
0 0031845969 MORTGAGORS: TUFAIL KHALDOON
TUFAIL ASMA
REGION CODE ADDRESS : 6654 SCHURTZ STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22310
MORTGAGE AMOUNT : 267,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,569.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,736.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99641
-------------------------------------------------------------------
0 0031845977 MORTGAGORS: BERNSTEIN STEPHEN
BERNSTEIN LESLIE
REGION CODE ADDRESS : 97 HILLSIDE AVENUE
01 CITY : NEWTON
STATE/ZIP : MA 02465
MORTGAGE AMOUNT : 604,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 604,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,022.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.55200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,984,100.00
P & I AMT: 13,017.39
UPB AMT: 1,983,659.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 352
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031846116 MORTGAGORS: BORCHETTA MARK
MUHL-BORCHETTA ERICA
REGION CODE ADDRESS : 26403 EMERALD DOVE DRIVE
01 CITY : SANTA CLARITA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 306,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,435.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,989.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.32500
-------------------------------------------------------------------
0 0031846140 MORTGAGORS: DURSO JOHN
DURSO BARBARA
REGION CODE ADDRESS : 2626 NORIEGA STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,752.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031846421 MORTGAGORS: ALAMBRA ELAINE
FOOTE PETER
REGION CODE ADDRESS : 265 MONTE VISTA DRIVE
01 CITY : NAPA
STATE/ZIP : CA 94559
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.04700
-------------------------------------------------------------------
0 0031846488 MORTGAGORS: TRIEFUS ROBERT
REGION CODE ADDRESS : 20 HONEYSUCKLE WAY
01 CITY : REVERE
STATE/ZIP : PA 18953
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,766.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031846520 MORTGAGORS: RUSSO GARTH
RUSSO NATALIE
REGION CODE ADDRESS : 1040 HANNAY COURT
01 CITY : WATKINSVILLE
STATE/ZIP : GA 30677
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,770.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 73.86300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,501,700.00
P & I AMT: 9,877.90
UPB AMT: 1,500,438.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 353
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031846595 MORTGAGORS: MAHAR JAMES
BECKER PAULA
REGION CODE ADDRESS : 185 JERUSALEM RD.
01 CITY : COHASSET
STATE/ZIP : MA 02025
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 51.47000
-------------------------------------------------------------------
0 0031846629 MORTGAGORS: DE SOUZA KENNETH
REGION CODE ADDRESS : 2911 PALOMA STREET
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,588.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,582.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031846652 MORTGAGORS: MILLER WAYNE
MILLER JOLANTA
REGION CODE ADDRESS : 2852 CALLE GUADALAJARA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.75000
-------------------------------------------------------------------
0 0031846793 MORTGAGORS: SPANJERS ARNOLD
REGION CODE ADDRESS : 10738 INSPIRATION CIRCLE
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 465,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,027.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,135.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.88135
-------------------------------------------------------------------
0 0031847023 MORTGAGORS: OULMAN GRANT
COOKERLY ROXANNE
REGION CODE ADDRESS : 78 SPRINGWOOD DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,778.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,578,400.00
P & I AMT: 10,261.32
UPB AMT: 1,577,394.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 354
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031847049 MORTGAGORS: IYER SRINIVASAN
RAJAGOPAL CHANDRA
REGION CODE ADDRESS : 207-07 28TH AVENUE
01 CITY : BAYSIDE
STATE/ZIP : NY 11361
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,772.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.84615
-------------------------------------------------------------------
0 0031847080 MORTGAGORS: DAFFORN BRENT
DAFFORN MANJU
REGION CODE ADDRESS : 972 WILD GINGER TRAIL
01 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
MORTGAGE AMOUNT : 296,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,944.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,921.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.62300
-------------------------------------------------------------------
0 0031847155 MORTGAGORS: GINSBERG ERIC
GINSBERG ELIZABETH
REGION CODE ADDRESS : 16 TRACEY LANE
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 277,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,866.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.02300
-------------------------------------------------------------------
0 0031847171 MORTGAGORS: GARBER HUBBARD
MARKIN ANNA
REGION CODE ADDRESS : 37 CLYDE STREET
01 CITY : NEWTON
STATE/ZIP : MA 02460
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.00000
-------------------------------------------------------------------
0 0031847213 MORTGAGORS: ARAT VACIT
HOLLAND SHEILA
REGION CODE ADDRESS : 10699 MAGDALENA AVENUE
01 CITY : LOS ALTOS HILLS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 700,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 699,426.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,657.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 015
LTV : 48.27500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,920,200.00
P & I AMT: 12,828.12
UPB AMT: 1,919,143.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 355
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031847304 MORTGAGORS: LAL ANURAG
LAL SANJNA
REGION CODE ADDRESS : 307 ALDERWOOD DRIVE
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.56100
-------------------------------------------------------------------
0 0031847320 MORTGAGORS: DOUGHERTY MICHAEL
DOUGHERTY EILEEN
REGION CODE ADDRESS : 107 ROSSMORE DR
01 CITY : MALVERN
STATE/ZIP : PA 19355
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031847379 MORTGAGORS: STILES TERRY
STILES MARTHA
REGION CODE ADDRESS : 4367 E RAVENS RIDGE
01 CITY : COLOMBIA
STATE/ZIP : MO 65201
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.76600
-------------------------------------------------------------------
0 0031847395 MORTGAGORS: WITTE KENNETH
BERG WITTE LINDA
REGION CODE ADDRESS : 3091 202ND COURT WEST
01 CITY : PRIOR LAKE
STATE/ZIP : MN 55372
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,756.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.44655
-------------------------------------------------------------------
0 0031847601 MORTGAGORS: BRAZITIS NEIL
BRAZITIS EILEEN
REGION CODE ADDRESS : 131 BROWNING LANE
01 CITY : BRYN MAWR
STATE/ZIP : PA 19010
MORTGAGE AMOUNT : 310,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,939.61 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 78.70800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,855,900.00
P & I AMT: 12,257.82
UPB AMT: 1,855,656.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 356
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031847627 MORTGAGORS: YIP THOMAS
YIP WENDY
REGION CODE ADDRESS : 15803 HIDDEN HILL ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 770,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 769,353.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,058.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 59.23000
-------------------------------------------------------------------
0 0031847643 MORTGAGORS: CREQUE PAUL
CREQUE PAMELA
REGION CODE ADDRESS : 14625 CREEK CLUB DR
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 356,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,685.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,279.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.82000
-------------------------------------------------------------------
0 0031847791 MORTGAGORS: MILLS F.
MILLS LAURA
REGION CODE ADDRESS : 25061 MAWSON DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.63400
-------------------------------------------------------------------
0 0031847833 MORTGAGORS: KAY THOMAS
KAY ANGELA
REGION CODE ADDRESS : 255 HARTFORD ROAD
01 CITY : MEDFORD
STATE/ZIP : NJ 08055
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,071.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.53800
-------------------------------------------------------------------
0 0031848294 MORTGAGORS: COBETT EDGAR
COBETT JUDITH
REGION CODE ADDRESS : 42 WASHINGTON
01 CITY : IRVINE
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,777.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,098,000.00
P & I AMT: 14,265.28
UPB AMT: 2,096,582.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 357
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031848328 MORTGAGORS: HONEGAN JAMES
HONEGAN RHONDA
REGION CODE ADDRESS : 1469 BRENTFORD COVE
01 CITY : SNELLVILLE
STATE/ZIP : GA 30078
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.59500
-------------------------------------------------------------------
0 0031848419 MORTGAGORS: FOY DAVID
FOY STACEY
REGION CODE ADDRESS : 46-135 PUNALEI PLACE
01 CITY : KANEOHE
STATE/ZIP : HI 96744
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031848724 MORTGAGORS: PONDT ROBERT
PONDT ROBIN
REGION CODE ADDRESS : 208 SAINT CROIX COURT
01 CITY : AGOURA AREA
STATE/ZIP : CA 91301
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.39600
-------------------------------------------------------------------
0 0031848781 MORTGAGORS: SUPPA ANTHONY
SUPPA LINDA
REGION CODE ADDRESS : 28 UNDERWOOD ROAD
01 CITY : MONTVILLE
STATE/ZIP : NJ 07045
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,636.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.35200
-------------------------------------------------------------------
0 0031848849 MORTGAGORS: HOUSTON ROGER
HOUSTON SALLY
REGION CODE ADDRESS : 2259 EL CAMINO DEL NORTE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,875.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.39 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,438,200.00
P & I AMT: 9,330.08
UPB AMT: 1,437,424.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 358
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031849136 MORTGAGORS: LIU REN
HUA XU
REGION CODE ADDRESS : 5 BROOKSIDE DRIVE
01 CITY : DARIEN
STATE/ZIP : CT 06820
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,833.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031849219 MORTGAGORS: SAMUELSON BEVERLY
PATERNO JOHN
REGION CODE ADDRESS : 6213 SECRET HOLLOW LANE
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031849268 MORTGAGORS: GREATHOUSE ROBERT
GREATHOUSE MARILYN
REGION CODE ADDRESS : 371 DRY CREEK ROAD
01 CITY : MONTEREY
STATE/ZIP : CA 93940
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 45.45400
-------------------------------------------------------------------
0 0031849367 MORTGAGORS: YEWELL EDWARD
YEWELL JULIA
REGION CODE ADDRESS : 203 EAST 2ND STREET
01 CITY : FREDERICK
STATE/ZIP : MD 21701
MORTGAGE AMOUNT : 329,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,709.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,106.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.52000
-------------------------------------------------------------------
0 0031849565 MORTGAGORS: CASTRO FRANK
CASTRO KATHLEEN
REGION CODE ADDRESS : 12300 JOCELYNE COURT
01 CITY : OAK HILL
STATE/ZIP : VA 22071
MORTGAGE AMOUNT : 330,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,061.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,515,100.00
P & I AMT: 9,812.08
UPB AMT: 1,514,569.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 359
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031849847 MORTGAGORS: SCHELL ROBERT
SCHELL RUTH
REGION CODE ADDRESS : 855 BLUE SPRUCE ROAD
01 CITY : RENO
STATE/ZIP : NV 89511
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,776.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,747.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.92700
-------------------------------------------------------------------
0 0031850019 MORTGAGORS: SABATINI FRANK
SABATINI MONELU
REGION CODE ADDRESS : 148 ST. PIERRE WAY
01 CITY : MARTINEZ
STATE/ZIP : CA 94553
MORTGAGE AMOUNT : 291,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,032.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
0 0031850167 MORTGAGORS: BRENNAN WILLIAM
BRENNAN CAROLYN
REGION CODE ADDRESS : 31 SORREL RUN
01 CITY : MT LAUREL
STATE/ZIP : NJ 08054
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031850290 MORTGAGORS: SCHULZ USTO
SCHULZ BERNADETTE
REGION CODE ADDRESS : 1795 VIBORG ROAD
01 CITY : SOLVANG
STATE/ZIP : CA 93463
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,729.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.90074
-------------------------------------------------------------------
0 0031850316 MORTGAGORS: PALM JAMES
PALM KELLY
REGION CODE ADDRESS : 4034 ESTATE DRIVE
01 CITY : VACAVILLE
STATE/ZIP : CA 95688
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,741.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,487,500.00
P & I AMT: 9,795.79
UPB AMT: 1,486,021.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 360
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031850340 MORTGAGORS: WALTON JACQUELINE
REGION CODE ADDRESS : 209 FLORENCE DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,475.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,461.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031850373 MORTGAGORS: LOCKHART GWENDOLYN
LOCKHART PETER
REGION CODE ADDRESS : 862 HILLCREST ROAD
01 CITY : RIDGEWOOD
STATE/ZIP : NJ 07450
MORTGAGE AMOUNT : 527,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 526,817.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,507.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031850407 MORTGAGORS: DESBOROUGH ERIC
DESBOROUGH MISAKO
REGION CODE ADDRESS : 5889 LOGWOOD ROAD
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,051.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,611.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 93.17300
-------------------------------------------------------------------
0 0031850852 MORTGAGORS: JUDD MATTHEW
JUDD CHRISTINE
REGION CODE ADDRESS : 14066 EAGLE CHASE CIRCLE
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 318,888.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,599.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,015.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031851272 MORTGAGORS: IYENGAR SOBANA
REGION CODE ADDRESS : 6359 EVANGELINE LANE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22312
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,681.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,224.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,792,388.00
P & I AMT: 11,821.22
UPB AMT: 1,790,626.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 361
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031851314 MORTGAGORS: KURNOS JOSEPH
KURNOS MARGARET
REGION CODE ADDRESS : 47782 TUPELO COURT
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 280,125.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,883.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031851678 MORTGAGORS: HUGHES ROBERAT
HUGHES KARLA
REGION CODE ADDRESS : 43518 FIRSTONE PLACE
01 CITY : LEESBURG
STATE/ZIP : VA 20175
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,638.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.27 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 70.12000
-------------------------------------------------------------------
0 0031851769 MORTGAGORS: COLA JOHN
COLA SHIRLEY
REGION CODE ADDRESS : 5290 VICTORIA AVENUE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 383,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031851793 MORTGAGORS: HARRISON CAROLE
REGION CODE ADDRESS : 1625 E 5TH AVE
01 CITY : DENVER
STATE/ZIP : CO 80218
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031851884 MORTGAGORS: KLEIN DONALD
KLEIN EDIE
REGION CODE ADDRESS : 12740 ARENA DRIVE
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,375.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,325.00
P & I AMT: 10,771.80
UPB AMT: 1,613,899.72
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 362
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031852031 MORTGAGORS: BROWN RICHARD
BROWN ELIZABETH
REGION CODE ADDRESS : 11500 RIDGE MIST TERRACE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 468,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,576.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,958.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031852197 MORTGAGORS: GARCIA JOHNNIE
GARCIA ROMY
REGION CODE ADDRESS : 3564 MEADOWLANDS LANE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 419,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,664.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,822.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.83300
-------------------------------------------------------------------
0 0031852320 MORTGAGORS: O'LEARY JOHN
O'LEARY SARAH
REGION CODE ADDRESS : 15 HERBERT ROAD
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,786.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.56232
-------------------------------------------------------------------
0 0031852379 MORTGAGORS: MARKS KAREN
KERSANSKE BRIAN
REGION CODE ADDRESS : 10 NELSON ROAD
01 CITY : BURLINGTON
STATE/ZIP : MA 01803
MORTGAGE AMOUNT : 248,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,500.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031852494 MORTGAGORS: BEDETTI CARLOS
BEDETTI BEATRICE
REGION CODE ADDRESS : 3530 MYSTIC POINTE DR NO 515
01 CITY : AVENTURA
STATE/ZIP : FL 33180
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,818.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,659,900.00
P & I AMT: 11,097.82
UPB AMT: 1,658,348.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 363
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031852528 MORTGAGORS: FORD CHARLES
FORD KIMERLY
REGION CODE ADDRESS : 7207 MARQUETTE STREET
01 CITY : DALLAS
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031852932 MORTGAGORS: YOST GREGG
WADE GRETCHEN
REGION CODE ADDRESS : 23 CLEMENTS ROAD
01 CITY : WALTHAM
STATE/ZIP : MA 02454
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,680.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031853021 MORTGAGORS: MORRIS PETER
HASSON LAURIE
REGION CODE ADDRESS : 2406 KENILWORTH AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90039
MORTGAGE AMOUNT : 384,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,800.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,620.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.58252
-------------------------------------------------------------------
0 0031853070 MORTGAGORS: PLASKY JAY
PLASKY JOAN
REGION CODE ADDRESS : 108 SOUTH OSBORNE AVENUE
01 CITY : MARGATE
STATE/ZIP : NJ 08402
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,804.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.28500
-------------------------------------------------------------------
0 0031853120 MORTGAGORS: BOTTLES MICHAEL
BOTTLES SUSAN
REGION CODE ADDRESS : 10335 NORTHEAST SEABORN ROAD
01 CITY : BAINBRIDGE ISLAND
STATE/ZIP : WA 98110
MORTGAGE AMOUNT : 521,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,822.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,467.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,757,750.00
P & I AMT: 11,859.35
UPB AMT: 1,756,538.39
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 364
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031853146 MORTGAGORS: HOLLINGSWORTH ALAN
HOLLINGSWORTH MARY
REGION CODE ADDRESS : 902 KUSHIWAH CREEK CT
01 CITY : CHARLESTON
STATE/ZIP : SC 29412
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 67.37500
-------------------------------------------------------------------
0 0031853179 MORTGAGORS: HOULAHAN JOHN
HOULAHAN HAYDEE
REGION CODE ADDRESS : 19 ENGLISH PATH
01 CITY : FREEHOLD
STATE/ZIP : NJ 07728
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,707.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.97600
-------------------------------------------------------------------
0 0031853229 MORTGAGORS: STOLLER MITCHELL
STOLLER KAREN
REGION CODE ADDRESS : 14 MEADOWWOOD DRIVE
01 CITY : COTO DE CAZA AREA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,185.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 58.44100
-------------------------------------------------------------------
0 0031853252 MORTGAGORS: ALIOTO DAVID
ALIOTO DEBRA
REGION CODE ADDRESS : 35 MELANIE LANE
01 CITY : WRENTHAM
STATE/ZIP : MA 02093
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,796.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031853930 MORTGAGORS: NAKAO CLIFFORD
NAKAO CAROLYN
REGION CODE ADDRESS : 4515 LAKEWOOD STREET
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,775.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,632.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.68700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,582,000.00
P & I AMT: 10,566.30
UPB AMT: 1,581,279.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 365
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031853989 MORTGAGORS: CAPARAZ RONALDO
CAPARAZ ELIZABETH
REGION CODE ADDRESS : 8545 E BISCAYNE WAY
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 277,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,222.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99100
-------------------------------------------------------------------
0 0031854045 MORTGAGORS: KENNEDY LAWRENCE
KENNEDY LOIS
REGION CODE ADDRESS : 10417 LAWYERS ROAD
01 CITY : VIENNA
STATE/ZIP : VA 22181
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,781.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031854078 MORTGAGORS: NAZAM SAMIR
NAZAM TANIA
REGION CODE ADDRESS : 10808 SUNSET HILLS ROAD
01 CITY : RESTON
STATE/ZIP : VA 20190
MORTGAGE AMOUNT : 563,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 562,571.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,888.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.55100
-------------------------------------------------------------------
0 0031854284 MORTGAGORS: THOMSON JOHN
THOMSON MARY
REGION CODE ADDRESS : 2198 SAN PASQUAL STREET
01 CITY : PASADENA AREA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,705.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 46.66600
-------------------------------------------------------------------
0 0031854391 MORTGAGORS: ARBOLIDA RONALD
REGION CODE ADDRESS : 24635 VIA VALMONTE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 235,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 58.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,727,450.00
P & I AMT: 11,814.35
UPB AMT: 1,726,281.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 366
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031854490 MORTGAGORS: GREENE GEORGE
GREENE CHARLENE
REGION CODE ADDRESS : 6742 KIRK LANE
01 CITY : WARRENTON
STATE/ZIP : VA 20187
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031854532 MORTGAGORS: BURGESS JAMES
REGION CODE ADDRESS : 607 KIMZEY CT
01 CITY : PEACHTREE CITY
STATE/ZIP : GA 30269
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,789.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.54000
-------------------------------------------------------------------
0 0031854698 MORTGAGORS: HAN STEPHEN
HAN SHAO
REGION CODE ADDRESS : 38125 CAMBRIDGE CT
01 CITY : FREMONT,
STATE/ZIP : CA 94536
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.50000
-------------------------------------------------------------------
0 0031854714 MORTGAGORS: MINAMI SAMMY
REGION CODE ADDRESS : 1611 CLEO SPRINGS CT
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,070.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,802.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.48000
-------------------------------------------------------------------
0 0031854870 MORTGAGORS: CARTER R.
CARTER MARIANNE
REGION CODE ADDRESS : 19306 PINNACLE COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 549,570.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,751.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 47.82608
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,647,900.00
P & I AMT: 11,034.83
UPB AMT: 1,646,113.59
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 367
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031854961 MORTGAGORS: NORTHERN DOUGLAS
NORTHERN PATRICIA
REGION CODE ADDRESS : 26871 SALINAS LANE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,507.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031855158 MORTGAGORS: DUZYK DAVID
DUZYK ALICE
REGION CODE ADDRESS : 3 BEEKMAN PLACE
01 CITY : MORRIS TWP.
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.63600
-------------------------------------------------------------------
0 0031855869 MORTGAGORS: HANSS ROBERT
HANSS MICHELE
REGION CODE ADDRESS : 207 SUFFOLK ROAD
01 CITY : CHESTNUT HILL
STATE/ZIP : MA 02467
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,621.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,956.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 45.91800
-------------------------------------------------------------------
0 0031855927 MORTGAGORS: SLAJUS JOSEPH
SLAJUS CYNTHIA
REGION CODE ADDRESS : 1145 ELFORD CT.
01 CITY : GROSSE POINTE WOODS
STATE/ZIP : MI 48236
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,371.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031855968 MORTGAGORS: GORTON RAYMOND
GORTON PATRICIA
REGION CODE ADDRESS : 6068 BROOKSTONE LANE
01 CITY : GRAND BLANC
STATE/ZIP : MI 48439
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,417.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.62500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,596,750.00
P & I AMT: 10,747.46
UPB AMT: 1,594,918.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 368
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031856271 MORTGAGORS: NORRELL TROY
NORRELL RUTH
REGION CODE ADDRESS : 37963 PANORAMA COURT
01 CITY : MURRIET
STATE/ZIP : CA 92562
MORTGAGE AMOUNT : 383,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,901.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,614.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031856321 MORTGAGORS: COASH JAMES
COASH MELISSA
REGION CODE ADDRESS : 420 LORE WAY
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,600.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,626.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.74100
-------------------------------------------------------------------
0 0031856370 MORTGAGORS: EBBA MARY
REGION CODE ADDRESS : 24320 SEA GREEN DRIVE
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 246,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,252.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 93.00000
-------------------------------------------------------------------
0 0031856636 MORTGAGORS: ABBLEY WILLIAM
REGION CODE ADDRESS : 1881 WEST 262ND STREET
01 CITY : LOMITA
STATE/ZIP : CA 90717
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,154.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031856644 MORTGAGORS: MILCHAK JOSEPH
REGION CODE ADDRESS : 6832 MANHATTAN DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 247,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,231.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,731.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.87000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,714,250.00
P & I AMT: 11,786.70
UPB AMT: 1,712,985.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 369
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031856818 MORTGAGORS: NGO TUAN
REGION CODE ADDRESS : 3207 REMINGTON WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,385.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031856883 MORTGAGORS: SCOTT ROBERT
SCOTT COLLEEN
REGION CODE ADDRESS : 1010 OCEAN VISTA LANE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93111
MORTGAGE AMOUNT : 368,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,617.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,545.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 50.13600
-------------------------------------------------------------------
0 0031857204 MORTGAGORS: LEEVAN EDWARD
LEEVAN TAMI
REGION CODE ADDRESS : 10521 CHEVIOT DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 629,014.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,297.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.23077
-------------------------------------------------------------------
0 0031857212 MORTGAGORS: PAPA JEFFREY
PAPA KELLY
REGION CODE ADDRESS : 146 BEACON HILL ROAD
01 CITY : WASHINGTON TOWNSHIP
STATE/ZIP : NJ 07853
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,846.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.73280
-------------------------------------------------------------------
0 0031857444 MORTGAGORS: ABADIR MAGDI
MILAD CAROLINE
REGION CODE ADDRESS : 8761 CENTER ROAD
01 CITY : SPRINGFIELD
STATE/ZIP : VA 22152
MORTGAGE AMOUNT : 352,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,806.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,315.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,889,400.00
P & I AMT: 12,784.57
UPB AMT: 1,879,323.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 370
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031857493 MORTGAGORS: AZZAM ROBERT
AZZAM DINA
REGION CODE ADDRESS : 47310 WESTWOOD PLACE
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 242,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,191.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,593.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.69900
-------------------------------------------------------------------
0 0031857626 MORTGAGORS: REYNOLDS TERRY
REYNOLDS MARIE
REGION CODE ADDRESS : 3715 NORTH HOLLINGSWORTH ROAD
01 CITY : ALTADENA AREA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 393,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,377.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99600
-------------------------------------------------------------------
0 0031857733 MORTGAGORS: MADAN ROBERTO
REGION CODE ADDRESS : 830 ORTEGA AVENUE
01 CITY : CORAL GABLES
STATE/ZIP : FL 33134
MORTGAGE AMOUNT : 336,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,117.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,209.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.75500
-------------------------------------------------------------------
0 0031857899 MORTGAGORS: CAMPBELL MARK
CAMPBELL ERIN
REGION CODE ADDRESS : 20 PORTMARNOCH COURT,
01 CITY : COTO DE CAZA AREA,
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 506,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 506,063.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,285.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.35700
-------------------------------------------------------------------
0 0031857949 MORTGAGORS: STIGNA ANTHONY
STIGNA THERESA
REGION CODE ADDRESS : 22561 WAKEFIELD
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 376,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,448.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,538.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.81700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,855,950.00
P & I AMT: 12,246.30
UPB AMT: 1,854,198.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 371
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858020 MORTGAGORS: ALGERMISSEN STEPHEN
ALGERMISSEN ELIZABETH
REGION CODE ADDRESS : 1991 SAN PASQUAL STREET
01 CITY : PASADENA AREA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 576,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 575,561.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,978.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031858111 MORTGAGORS: YAGAR NICHOLAS
JUAREZ ELIA
REGION CODE ADDRESS : 3988 MISTRAL DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 435,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,834.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,858.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 88.81600
-------------------------------------------------------------------
0 0031858145 MORTGAGORS: BURKLAND GUNNAR
SPROTT GARI
REGION CODE ADDRESS : 2491 SWEETWATER ROAD
01 CITY : GYPSUM
STATE/ZIP : CO 81637
MORTGAGE AMOUNT : 357,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,337.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,438.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
0 0031858152 MORTGAGORS: HAYNES DANIEL
HAYNES LAURA
REGION CODE ADDRESS : 401 IRMA DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 264,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,383.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031858269 MORTGAGORS: ABINGTON WILLIAM
ABINGTON JOAN
REGION CODE ADDRESS : 1520 OLD BARN
01 CITY : LIBERTYVILLE
STATE/ZIP : IL 60048
MORTGAGE AMOUNT : 353,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,186.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,322.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,986,900.00
P & I AMT: 13,359.33
UPB AMT: 1,982,303.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 372
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858350 MORTGAGORS: SHI RUI
YAO HONG
REGION CODE ADDRESS : 2279 PASEO SAUCEDAL
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 298,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,096.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98600
-------------------------------------------------------------------
0 0031858376 MORTGAGORS: BORDEN CHARLES
TODD TAMERA
REGION CODE ADDRESS : 2259 PASEO SAUCEDAL
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 323,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,644.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98960
-------------------------------------------------------------------
0 0031858483 MORTGAGORS: FELCYN GLORIA
REGION CODE ADDRESS : 20440 WILLIAMS AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 58.39400
-------------------------------------------------------------------
0 0031858566 MORTGAGORS: LUKE KENNETH
LUKE SUSAN
REGION CODE ADDRESS : 23 ALGONQUIN ROAD
01 CITY : NEWTON
STATE/ZIP : MA 02467
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.28800
-------------------------------------------------------------------
0 0031858624 MORTGAGORS: KOMPOS DIMITRIS
FILIPOWICZ JOANNA
REGION CODE ADDRESS : 137 DELLA COURT,
01 CITY : CAMPBELL,
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,793.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.15700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,559,250.00
P & I AMT: 10,397.26
UPB AMT: 1,557,591.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 373
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858673 MORTGAGORS: CHEN WEN
MA CHIEN
REGION CODE ADDRESS : 20501 FUERTE DRIVE
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 560,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 559,206.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,011.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031858699 MORTGAGORS: WEIR STEPHEN
WEIR DEBRA
REGION CODE ADDRESS : 5634 CALPINE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,197.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,246.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.29600
-------------------------------------------------------------------
0 0031858731 MORTGAGORS: CLARK RANDALL
REGION CODE ADDRESS : 5313 NATASHA COURT
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,606.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.23077
-------------------------------------------------------------------
0 0031858772 MORTGAGORS: BULDA REYNALDO
BULDA ERLINDA
REGION CODE ADDRESS : 2460 ARDEE LANE
01 CITY : SOUTH SAN FRANCISCO
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,586.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,738.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.88200
-------------------------------------------------------------------
0 0031858798 MORTGAGORS: RAMESH ANANTHAKRISHNA
RAMESH SAPNA
REGION CODE ADDRESS : 10177 N. PORTAL AVENUE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 522,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 521,043.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,388.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,073,400.00
P & I AMT: 14,035.67
UPB AMT: 2,069,640.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 374
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858806 MORTGAGORS: MCCRAY HARRY
REGION CODE ADDRESS : 260 ANITA DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 322,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,708.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,225.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031858814 MORTGAGORS: GRAHAM GEORGE
GRAHAM GRETCHEN
REGION CODE ADDRESS : 1820 VALLEY ROAD
01 CITY : MEADOWBROOK
STATE/ZIP : PA 19046
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 490,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,259.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.38400
-------------------------------------------------------------------
0 0031858822 MORTGAGORS: LAYMAN JAMES
LAYMAN JOSEPHINE
REGION CODE ADDRESS : 11 COUNTRY MEADOW DRIVE
01 CITY : COLTS NECK
STATE/ZIP : NJ 07722
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,506.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 49.15600
-------------------------------------------------------------------
0 0031858830 MORTGAGORS: HOWARD RUSSELL
HOWARD BILLIE
REGION CODE ADDRESS : 19300 QUINN COURT
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,395.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 61.51100
-------------------------------------------------------------------
0 0031858848 MORTGAGORS: MIKULA KEVIN
KERWIN-MIKULA MARY ELLEN
REGION CODE ADDRESS : 3616 OLD VERNON COURT
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22309
MORTGAGE AMOUNT : 310,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,012.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,880,450.00
P & I AMT: 12,684.00
UPB AMT: 1,878,859.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 375
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858855 MORTGAGORS: HAHNKE TIMOTHY
TRACY SUSAN
REGION CODE ADDRESS : 875 ROSECRANS STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,931.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,324.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.03370
-------------------------------------------------------------------
0 0031858863 MORTGAGORS: GUISTINO STEFAN
REGION CODE ADDRESS : 325-327 FILLMORE STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,263.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,980.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.37000
-------------------------------------------------------------------
0 0031858897 MORTGAGORS: MACDONALD ROCKY
MACDONALD KATHLEEN
REGION CODE ADDRESS : 841 GREENRIDGE ROAD
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 249,050.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,845.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.53400
-------------------------------------------------------------------
0 0031858905 MORTGAGORS: DAHAN MOTTI
DAHAN KAREN
REGION CODE ADDRESS : 12333 HILLSLOPE STREET
01 CITY : LOS ANGELES (STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,854.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,813.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031858913 MORTGAGORS: KOLANOWSKI KEVIN
REGION CODE ADDRESS : 823 MASSELIN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90036
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,512.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,063,550.00
P & I AMT: 13,824.05
UPB AMT: 2,060,407.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 376
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031858947 MORTGAGORS: LAUDERDALE JOSEPH
LAUDERDALE MELODY
REGION CODE ADDRESS : 25556 EL CONEJO LANE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 293,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,182.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,051.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.71600
-------------------------------------------------------------------
0 0031858954 MORTGAGORS: PORTER MICHAEL
REGION CODE ADDRESS : 20633 EAST ALDA COURT
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 259,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,804.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031858962 MORTGAGORS: TAHIRKHELI KARAMAT
TAHIRKHELI MARGRET
REGION CODE ADDRESS : 90 KOOTENAI DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 284,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,866.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 40.90600
-------------------------------------------------------------------
0 0031858970 MORTGAGORS: BRUCE TARA
REGION CODE ADDRESS : 2442 CHESTNUT STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94123
MORTGAGE AMOUNT : 462,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 462,093.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,196.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.04800
-------------------------------------------------------------------
0 0031858988 MORTGAGORS: SENDEROWICZ KHOI
SENDEROWICZ DANIEL
REGION CODE ADDRESS : 1276 LARCH AVENUE
01 CITY : MORAGA
STATE/ZIP : CA 94556
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.82700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,700.00
P & I AMT: 11,833.58
UPB AMT: 1,702,343.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 377
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859002 MORTGAGORS: CHANDLER CHARLES
CHANDLER CORINE
REGION CODE ADDRESS : 2180 TUSCANY CIRCEL
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 528,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,901.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,562.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031859010 MORTGAGORS: MARKLE GARY
STACHO JOANNE
REGION CODE ADDRESS : 9670 MASSER ROAD
01 CITY : FREDERICK
STATE/ZIP : MD 21702
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,636.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.74481
-------------------------------------------------------------------
0 0031859028 MORTGAGORS: LEMERISE GERALD
LEMERISE SARA
REGION CODE ADDRESS : 5290 FAIRVIEW AVENUE
01 CITY : BUENA PARK
STATE/ZIP : CA 90621
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.48100
-------------------------------------------------------------------
0 0031859044 MORTGAGORS: FIX DANIEL
FIX SUSAN
REGION CODE ADDRESS : 470 AMBER WAY
01 CITY : PETALUMA
STATE/ZIP : CA 94952
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,583.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.54500
-------------------------------------------------------------------
0 0031859051 MORTGAGORS: THOREN TERRANCE
THOREN JEAN
REGION CODE ADDRESS : 436 EDGEMORE ROAD
01 CITY : BIG BEAR LAKE
STATE/ZIP : CA 92315
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,668,750.00
P & I AMT: 11,398.55
UPB AMT: 1,666,142.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 378
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859069 MORTGAGORS: MCDOWELL JOHN
MCDOWELL MAGGIE
REGION CODE ADDRESS : 1647 CENTER ROAD
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,479.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859077 MORTGAGORS: HANNAH MITCHELL
HANNAH HALLIE
REGION CODE ADDRESS : 14 ASHTON
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,351.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,875.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.75000
-------------------------------------------------------------------
0 0031859093 MORTGAGORS: LAVINE JAMES
LAVINE JANE
REGION CODE ADDRESS : 1813-1815-1817 SUTTER STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94115
MORTGAGE AMOUNT : 611,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 610,489.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,275.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.10900
-------------------------------------------------------------------
0 0031859101 MORTGAGORS: GLYNN JAMES
GLYNN JOAN
REGION CODE ADDRESS : 1075 JACOBSEN LANE
01 CITY : PETALUMA
STATE/ZIP : CA 94954
MORTGAGE AMOUNT : 575,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 573,542.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,777.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.55200
-------------------------------------------------------------------
0 0031859119 MORTGAGORS: BROWN STEVE
BROWN CORRINE
REGION CODE ADDRESS : 5084 VISTA DEL AMIGO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,579.10 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 : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,985,400.00
P & I AMT: 13,437.06
UPB AMT: 1,981,441.55
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 379
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859127 MORTGAGORS: CHRISTIE MELVIN
REGION CODE ADDRESS : 69 ALTA VISTA AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 264,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,115.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,872.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 55.68400
-------------------------------------------------------------------
0 0031859135 MORTGAGORS: SWANSON PAUL
SWANSON ELIZEBETH
REGION CODE ADDRESS : 19890 PEAR TREE LANE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 472,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 471,279.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,259.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859150 MORTGAGORS: TAKIMURA KIMIHIDE
TAKIMURA TAEKO
REGION CODE ADDRESS : 9920 RUE CHANTEMAR
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,436.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,281.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.36200
-------------------------------------------------------------------
0 0031859176 MORTGAGORS: CHOREBANIAN GREGG
BRANDT CAROL
REGION CODE ADDRESS : 353 QUIETWOOD DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,564.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.94700
-------------------------------------------------------------------
0 0031859184 MORTGAGORS: DOYLE PATRICK
DOYLE ALLISON
REGION CODE ADDRESS : 5 THORNDALE PLACE
01 CITY : MORAGA
STATE/ZIP : CA 94556
MORTGAGE AMOUNT : 276,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,167.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.18800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,656,100.00
P & I AMT: 11,424.37
UPB AMT: 1,653,562.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 380
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859200 MORTGAGORS: KING ALLAN
KING CARLA
REGION CODE ADDRESS : 1748 BORDEN STREET
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,602.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859218 MORTGAGORS: BARTLETT ROSS
BARTLETT CYNTHIA
REGION CODE ADDRESS : 417 CABRILLO TERRACE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 408,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,310.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,789.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.48900
-------------------------------------------------------------------
0 0031859226 MORTGAGORS: BARRANTES ANTERO
BARRANTES CECILIA
REGION CODE ADDRESS : 794 SOUTH EL MOLINO AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91106
MORTGAGE AMOUNT : 329,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,971.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 52.71200
-------------------------------------------------------------------
0 0031859234 MORTGAGORS: KING JOHN
KING THERESA
REGION CODE ADDRESS : 948 GOLDEN CREST AVENUE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,276.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,927.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859242 MORTGAGORS: COLEMAN PHILIPPE
COLEMAN LORI
REGION CODE ADDRESS : 19 ASILOMAR
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,084.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,144.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.12000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,066,400.00
P & I AMT: 14,281.17
UPB AMT: 2,063,244.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 381
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859267 MORTGAGORS: MILTER ROMAN
MILTER SVETLANA
REGION CODE ADDRESS : 178 GALEWOOD CIRCLE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94131
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,455.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,121.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.90400
-------------------------------------------------------------------
0 0031859275 MORTGAGORS: LE ERIC
NGUYEN ERIN
REGION CODE ADDRESS : 476 MARTIL WAY
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,781.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859515 MORTGAGORS: PRESTIPINO DALE
PRESTIPINO TRACEY
REGION CODE ADDRESS : 1179 PEBBLE SPRING DRIVE
01 CITY : BERWYN
STATE/ZIP : PA 19312
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,629.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,591.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 64.56377
-------------------------------------------------------------------
0 0031859564 MORTGAGORS: LINNERT CHARLES
LINNERT LILIANA
REGION CODE ADDRESS : 10142 SYCAMORE CIRCLE
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 539,535.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,502.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0031859622 MORTGAGORS: BITNER STEVEN
BITNER JEAN
REGION CODE ADDRESS : 824 TOPAZ DRIVE
01 CITY : WEST GOSHEN
STATE/ZIP : PA 19382
MORTGAGE AMOUNT : 290,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,100.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,883.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99283
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,830,550.00
P & I AMT: 11,921.78
UPB AMT: 1,828,502.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 382
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031859846 MORTGAGORS: LOUREIRO CELSO
LOUREIRO FLAVIA
REGION CODE ADDRESS : 10915 LAMPLIGHTER LANE
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 418,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 417,648.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,745.96 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.83900
-------------------------------------------------------------------
0 0031859978 MORTGAGORS: HIRSCHENBEIN NEIL
HIRSCHENBEIN MARY
REGION CODE ADDRESS : 9499 QUAIL CANYON ROAD
01 CITY : EL CAJON
STATE/ZIP : CA 92021
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,417.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,537.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859986 MORTGAGORS: CARLIN ROGER
HAYNES KATHLEEN
REGION CODE ADDRESS : 6444 FARLEY DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92122
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,206.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031859994 MORTGAGORS: WEIL JAMES
WEIL ELLEN
REGION CODE ADDRESS : 14310 HORIZON COURT
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,329.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,714.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.06100
-------------------------------------------------------------------
0 0031860000 MORTGAGORS: LOGAR ROBERT
LOGAR JILL
REGION CODE ADDRESS : 14210 OLD JAPANESE ROAD
01 CITY : LOS GATOS
STATE/ZIP : CA 95033
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,253.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.42800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,780,600.00
P & I AMT: 12,021.96
UPB AMT: 1,777,856.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 383
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860018 MORTGAGORS: RAPP JOSEPH
RAPP KATHRYN
REGION CODE ADDRESS : 1575 WALLER STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,136.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.45569
-------------------------------------------------------------------
0 0031860026 MORTGAGORS: NEBLETT EUGENE
NEBLETT JUANITA
REGION CODE ADDRESS : 28048 ZIELE CREEK DRIVE
01 CITY : HAYWARD
STATE/ZIP : CA 94542
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,102.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,667.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031860042 MORTGAGORS: WILLIAMS SHOSHANA
REGION CODE ADDRESS : 4361 TERRABELLA WAY
01 CITY : OAKLAND
STATE/ZIP : CA 94619
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,186.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,735.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860067 MORTGAGORS: DIMARCO ANTHONY
DIMARCO TERRI
REGION CODE ADDRESS : 17080 CHESNUT STREET
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,624.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860083 MORTGAGORS: JAKYMIW ZENOVY
JAKYMIW DENISE
REGION CODE ADDRESS : 16902 BEDFORD LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 395,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,581.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,695.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,677,300.00
P & I AMT: 11,353.77
UPB AMT: 1,674,632.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 384
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860091 MORTGAGORS: STEARNS CYNTHIA
REGION CODE ADDRESS : 2262 VISTA LA NISA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 386,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,016.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,606.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99164
-------------------------------------------------------------------
0 0031860109 MORTGAGORS: DONALS BRUCE
DONALS ROZAN
REGION CODE ADDRESS : 353 BOLINAS ROAD
01 CITY : FAIRFAX
STATE/ZIP : CA 94930
MORTGAGE AMOUNT : 303,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,262.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031860117 MORTGAGORS: SCHUTT DAVID
NGUYEN TOCHAU
REGION CODE ADDRESS : 104 YASUI COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95138
MORTGAGE AMOUNT : 320,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,607.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,131.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.00000
-------------------------------------------------------------------
0 0031860166 MORTGAGORS: LEKAS JOHN
REGION CODE ADDRESS : 2149 SIERRA HEIGHTS DRIVE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89134
MORTGAGE AMOUNT : 448,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,985.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.35700
-------------------------------------------------------------------
0 0031860182 MORTGAGORS: WADSWORTH GILBERT
FOLEY KIMBERLY
REGION CODE ADDRESS : 1786 SUNSET AVENUE
01 CITY : SANTA MONICA
STATE/ZIP : CA 90405
MORTGAGE AMOUNT : 394,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,352.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,621.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,853,850.00
P & I AMT: 12,391.84
UPB AMT: 1,850,988.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 385
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860463 MORTGAGORS: ROSEN DANIEL
ROSEN LYNETTE
REGION CODE ADDRESS : 931 CALLE CANTA
01 CITY : GLENDALE
STATE/ZIP : CA 91208
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,280.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860471 MORTGAGORS: DIVERDE DANIEL
DIVERDE DANA
REGION CODE ADDRESS : 2244 EMMETT COURT
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 289,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,157.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860497 MORTGAGORS: NICKERSON VALERIE
REGION CODE ADDRESS : 12612 BUBBLING WELL ROAD
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,786.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860547 MORTGAGORS: FRIEDLANDER HAROLD
FRIEDLANDER ROBERTA
REGION CODE ADDRESS : 25202 LEICESTER
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 396,533.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,661.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860554 MORTGAGORS: MATZ RONALD
MATZ STACEY
REGION CODE ADDRESS : 991 WARWICK COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,737,600.00
P & I AMT: 11,782.45
UPB AMT: 1,732,252.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 386
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860570 MORTGAGORS: RAHGOZAR MEHRAN
RAHGOZAR AZAM
REGION CODE ADDRESS : 2202 PASEO DEL ORO
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 429,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,976.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,040.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860596 MORTGAGORS: PRITCHARD GARY
PRITCHARD MARGIE
REGION CODE ADDRESS : 26412 CHAPARRAL PLACE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 605,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 604,053.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,127.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.58200
-------------------------------------------------------------------
0 0031860638 MORTGAGORS: JACOBY DAVID
JACOBY GAIL
REGION CODE ADDRESS : 2017 BISHOP ROAD
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 383,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 382,415.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,645.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.91500
-------------------------------------------------------------------
0 0031860653 MORTGAGORS: FARDOOST MOHAMMAD
KHAYER MERCEDEH
REGION CODE ADDRESS : 1113 BLYTHE STREET
01 CITY : FOSTER CITY
STATE/ZIP : CA 94404
MORTGAGE AMOUNT : 388,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,921.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,716.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031860661 MORTGAGORS: SCHECHET DAIVD
SCHECHET FAITH
REGION CODE ADDRESS : 2401 SOUTH BEVERLY DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90034
MORTGAGE AMOUNT : 317,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,528.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,216.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.40000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,123,100.00
P & I AMT: 14,746.10
UPB AMT: 2,119,894.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 387
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860687 MORTGAGORS: CABIN RICHARD
MAROSZ SUSAN
REGION CODE ADDRESS : 528 SEAWARD ROAD
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92625
MORTGAGE AMOUNT : 487,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 486,737.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,325.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.90200
-------------------------------------------------------------------
0 0031860695 MORTGAGORS: FEUER ROLAND
FEUER JOY
REGION CODE ADDRESS : 2965 EDEGWICK DRIVE
01 CITY : GLENDALE
STATE/ZIP : CA 91206
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031860711 MORTGAGORS: HIDALGO HENRY
HIDALGO SUSANNE
REGION CODE ADDRESS : 5555 AVENIDA ABOBE
01 CITY : YOBA LINDA
STATE/ZIP : CA 92887
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.87400
-------------------------------------------------------------------
0 0031860729 MORTGAGORS: GRIFFEN BRUCE
REGION CODE ADDRESS : 4690 LAKE MARY ROAD
01 CITY : FLAGSTAFF
STATE/ZIP : AZ 86001
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,419.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.72700
-------------------------------------------------------------------
0 0031860752 MORTGAGORS: YAMADA CURTIS
REGION CODE ADDRESS : 3619 COURTNEY WAY
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 318,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,739.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.85500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,769,500.00
P & I AMT: 12,076.06
UPB AMT: 1,766,992.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 388
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031860885 MORTGAGORS: CARDAMONE PETER
CARDAMONE MARIE
REGION CODE ADDRESS : 20916 DUNBAR DRIVE
01 CITY : CUPERTINO
STATE/ZIP : CA 95014
MORTGAGE AMOUNT : 389,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,711.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,719.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 59.84600
-------------------------------------------------------------------
0 0031860950 MORTGAGORS: PATRICK KEVIN
PATRICK CARLA
REGION CODE ADDRESS : 6376 S. TEMPE COURT
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 259,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,507.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,815.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98600
-------------------------------------------------------------------
0 0031861289 MORTGAGORS: CLEMONS RICK
CLEMONS SHARI
REGION CODE ADDRESS : 49 WOODSONG
01 CITY : RANCHO SANTA MARGARITA (A
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,305.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,702.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.60600
-------------------------------------------------------------------
0 0031861313 MORTGAGORS: ALSUP DANIEL
ALSUP HEIDI
REGION CODE ADDRESS : 1777 EAST SHOSHONE DR
01 CITY : OGDEN
STATE/ZIP : UT 84403
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.59000
-------------------------------------------------------------------
0 0031861404 MORTGAGORS: NEUMANN DOMINIK
NEUMANN ANDREA
REGION CODE ADDRESS : 7839 VICKSBURG AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 242,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,750.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.98148
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,463,150.00
P & I AMT: 9,942.68
UPB AMT: 1,462,274.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 389
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031861479 MORTGAGORS: JOHSZ MICHAEL
JOHSZ JILL
REGION CODE ADDRESS : 28 OAKHURST ROAD
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,774.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 53.33300
-------------------------------------------------------------------
0 0031861511 MORTGAGORS: FITZPATRICK TERRANCE
FITZPATRICK JANICE
REGION CODE ADDRESS : 24226 PARK STREET
01 CITY : TORRANCE,
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,885.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.80000
-------------------------------------------------------------------
0 0031861636 MORTGAGORS: ABARRONDO ALBINO
ABARRONDO LETICIA
REGION CODE ADDRESS : 4029 MARTIN CANYON COURT
01 CITY : BONITA
STATE/ZIP : CA 91902
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,792.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031861735 MORTGAGORS: BLATT WILLIAM
HULL JENNIFER
REGION CODE ADDRESS : 1521 CATALONIA AVE.
01 CITY : CORAL GABLES
STATE/ZIP : FL 33134
MORTGAGE AMOUNT : 425,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,242.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,795.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031861883 MORTGAGORS: HUTCHENS GARY
GUNTER CHERYL
REGION CODE ADDRESS : 240 FERN BROOK DR,
01 CITY : MOORESVILLE
STATE/ZIP : NC 28117
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,708.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.28571
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,494,600.00
P & I AMT: 9,986.44
UPB AMT: 1,493,590.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 390
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031861909 MORTGAGORS: ENGELBERG MOSHE
ENGELBERG ELIZABETH
REGION CODE ADDRESS : 17720 PENNACOOK COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92127
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,273.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.31600
-------------------------------------------------------------------
0 0031861917 MORTGAGORS: MAHAR PENELOPE
MURTON SIMON
REGION CODE ADDRESS : 3506 CARNATION AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90026
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,758.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,114.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031861933 MORTGAGORS: BREESE CHARLES
BREESE GLORY
REGION CODE ADDRESS : 12300 POWER HOUSE COURT
01 CITY : POTTER VALLEY
STATE/ZIP : CA 95469
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031861941 MORTGAGORS: TALLEY TERRY
TALLEY IRENE
REGION CODE ADDRESS : 646 CINNABAR PLACE,
01 CITY : SIMI VALLEY,
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 312,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,044.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,077.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.99700
-------------------------------------------------------------------
0 0031861958 MORTGAGORS: BAHOUTH PETER
REGION CODE ADDRESS : 709 WILSON ROAD
01 CITY : ATLANTA
STATE/ZIP : GA 30318
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,328.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,459,800.00
P & I AMT: 9,951.63
UPB AMT: 1,457,211.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 391
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031862055 MORTGAGORS: COLLINS DENNIS
COLLINS CONSTANCE
REGION CODE ADDRESS : 2651 YARMOUTH
01 CITY : ARLINGTON HEIGHTS
STATE/ZIP : IL 60004
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,025.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031862089 MORTGAGORS: ANDERSON RONALD
ANDERSON VALERIE
REGION CODE ADDRESS : 3429 CUMBERLAND GAP COURT,
01 CITY : PLEASANTON,
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,697.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031862170 MORTGAGORS: SANABRIA CARLOS
SANABRIA VANESSA
REGION CODE ADDRESS : 1700 ORCHARD LANE
01 CITY : BRENTWOOD
STATE/ZIP : CA 94513
MORTGAGE AMOUNT : 384,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,669.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,490.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031862204 MORTGAGORS: HILL ROGER
HILL BARBARA
REGION CODE ADDRESS : 1103 BERKELEY STREET
01 CITY : SANTA MONICA
STATE/ZIP : CA 90403
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 37.79000
-------------------------------------------------------------------
0 0031862279 MORTGAGORS: SIMON ATTILA
SIMON KAREN
REGION CODE ADDRESS : 933 NORTHWOOD BOULEVARD #25
01 CITY : INCLINE VILLAGE
STATE/ZIP : NV 89450
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.05500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,558,200.00
P & I AMT: 10,479.61
UPB AMT: 1,557,415.02
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 392
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031862378 MORTGAGORS: JOHNSON GARY
JOHNSON THERESA
REGION CODE ADDRESS : 29 DECKER STREET
01 CITY : BERNARDS TOWNSHIP
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,142.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 88.70000
-------------------------------------------------------------------
0 0031862394 MORTGAGORS: PAXTEN-LAWRENCE BERNARD
GREGORY KATHRYN
REGION CODE ADDRESS : 2 CRESTVIEW
01 CITY : LAS FLORES AREA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,227.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,412.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.31000
-------------------------------------------------------------------
0 0031862469 MORTGAGORS: STURGES JAY
STRUGES LINDA
REGION CODE ADDRESS : 8795 ASH HILL COURT
01 CITY : ORANGEVALE
STATE/ZIP : CA 95662
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.19254
-------------------------------------------------------------------
0 0031862477 MORTGAGORS: MROTEK ADAM
MROTEK DUSTI
REGION CODE ADDRESS : 449 HIGGINS STREET
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 258,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,243.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
0 0031862493 MORTGAGORS: CULVER DAVID
CULVER MICHELE
REGION CODE ADDRESS : 106 MADELNE DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 294,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,985.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,467,200.00
P & I AMT: 10,020.91
UPB AMT: 1,466,220.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 393
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031862527 MORTGAGORS: DUDLEY ROBERT
DUDLEY MARIE
REGION CODE ADDRESS : 52 DORSET LANE
01 CITY : FARMINGTON
STATE/ZIP : CT 06032
MORTGAGE AMOUNT : 302,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,226.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 78.57100
-------------------------------------------------------------------
0 0031862535 MORTGAGORS: BRODY JAMES
BRODY JANICE
REGION CODE ADDRESS : 7 A. DOREMUS STREET
01 CITY : SUMMIT
STATE/ZIP : NJ 07901
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,697.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.44400
-------------------------------------------------------------------
0 0031862584 MORTGAGORS: WOOLLEN-TUCKER CAROLYN
TUCKER LOUIS
REGION CODE ADDRESS : 328 HARVARD STREET, UNIT #2
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02138
MORTGAGE AMOUNT : 454,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 454,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,869.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031862899 MORTGAGORS: LOWRY DOUGLAS
LOWRY MARCIA
REGION CODE ADDRESS : 1440 SOUTH PATTON AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,027.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,092.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031863178 MORTGAGORS: ACDA ERICSON
ACDA MIMI
REGION CODE ADDRESS : 8405 RUMEX LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92129
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,641,750.00
P & I AMT: 10,893.73
UPB AMT: 1,640,699.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 394
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031863335 MORTGAGORS: AKYILDIZ IAN
AKYILDIZ MARIA
REGION CODE ADDRESS : 525 ST REGIS DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 382,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,986.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,577.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0031863624 MORTGAGORS: BEUSCHEL GARY
KRUSE JOHN
REGION CODE ADDRESS : 566-570 SANCHEZ STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,531.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,093.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.17543
-------------------------------------------------------------------
0 0031863830 MORTGAGORS: HABERMAN RANDY
HABERMAN RUTH
REGION CODE ADDRESS : 5125 HEATHER COURT
01 CITY : FLOWER MOUND
STATE/ZIP : TX 75028
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031863848 MORTGAGORS: PRIME MORTON
PRIME CAROL
REGION CODE ADDRESS : 1891 CAMINITO MARZELLA
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 424,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,820.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031863855 MORTGAGORS: HAFERMANN DAVID
BERGMAN HELEN
REGION CODE ADDRESS : 1478 MORNING GLORY ROAD NE
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 310,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,858.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,115.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.52500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,016,700.00
P & I AMT: 13,628.19
UPB AMT: 2,015,136.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 395
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031864051 MORTGAGORS: POWASER PATRICK
POWASER JACQUELINE
REGION CODE ADDRESS : 400 BRAEMER CT.
01 CITY : GAHANNA
STATE/ZIP : OH 43230
MORTGAGE AMOUNT : 284,329.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,071.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,797.15 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 89.99900
-------------------------------------------------------------------
0 0031864150 MORTGAGORS: SELANDER JOHN
SELANDER SANDY
REGION CODE ADDRESS : 825 SENECA ROAD
01 CITY : GREAT FALLS
STATE/ZIP : VA 22066
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,690.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,334.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.57100
-------------------------------------------------------------------
0 0031864341 MORTGAGORS: SEKOU DIALLO
SEKOU ADORIA
REGION CODE ADDRESS : 3520 VISTA VERDE DRIVE
01 CITY : MITCHELLVILLE
STATE/ZIP : MD 20721
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 88.52400
-------------------------------------------------------------------
0 0031864382 MORTGAGORS: CHASE HOWARD
CHASE SUZANNE
REGION CODE ADDRESS : 5555 VISTA CANTORA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,745.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,069.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.49400
-------------------------------------------------------------------
0 0031864523 MORTGAGORS: CONKLIN STEPHEN
CONKLIN TERESA
REGION CODE ADDRESS : 1005 WILSON GLEN DRIVE
01 CITY : ROSWELL
STATE/ZIP : GA 30075
MORTGAGE AMOUNT : 556,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,497.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,514.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,781,329.00
P & I AMT: 11,444.33
UPB AMT: 1,780,004.47
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 396
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031864614 MORTGAGORS: KAMIS RONALD
KAMIS NATALIE
REGION CODE ADDRESS : 5504 TRENT STREET
01 CITY : CHEVY CHASE
STATE/ZIP : MD 20815
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.54900
-------------------------------------------------------------------
0 0031864689 MORTGAGORS: GAFFNEY M.
REGION CODE ADDRESS : 4105 SPY GLASS LANE
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 482,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 482,023.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,290.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031864986 MORTGAGORS: CRUICKSHANK GRAHAM
CRUICKSHANK REBECCA
REGION CODE ADDRESS : 1171 TENNYSON STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,756.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.77700
-------------------------------------------------------------------
0 0031865116 MORTGAGORS: NELSON DAVID
NELSON THERESA
REGION CODE ADDRESS : 6957 KYLEAKIN COURT
01 CITY : MCLEAN
STATE/ZIP : VA 22101
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,470.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.45400
-------------------------------------------------------------------
0 0031865140 MORTGAGORS: KELLEY MICHAEL
KELLEY SUSAN
REGION CODE ADDRESS : 7800 FOXHOUND ROAD
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,934.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,841.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 55.67010
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,677,400.00
P & I AMT: 11,260.51
UPB AMT: 1,674,184.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 397
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031865207 MORTGAGORS: CONWAY STEPHEN
REGION CODE ADDRESS : 25172 CALLE PRADERA
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,733.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.50000
-------------------------------------------------------------------
0 0031865371 MORTGAGORS: LOCKE DAVID
LOCKE DELISA
REGION CODE ADDRESS : 2201 GRACE POINTE COURT
01 CITY : FRANKLIN
STATE/ZIP : TN 37064
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,800.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.42800
-------------------------------------------------------------------
0 0031865512 MORTGAGORS: SMITH CHRISTOPHER
SMITH PAMELA
REGION CODE ADDRESS : 5 WINDING RIDGE WAY
01 CITY : WARREN TOWNSHIP
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 53.52100
-------------------------------------------------------------------
0 0031865561 MORTGAGORS: MACKALL ROLAND
MACKALL DEBRA
REGION CODE ADDRESS : 6510 SUSAN BARKLEY COURT
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22315
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,646.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,290.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/23
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.89600
-------------------------------------------------------------------
0 0031865678 MORTGAGORS: PIHLAJA SCOTT
PIHLAJA MARY
REGION CODE ADDRESS : 4302 NEW HAVEN AVENUE
01 CITY : GURNEE
STATE/ZIP : IL 60031
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,381.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.03200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,526,000.00
P & I AMT: 10,412.00
UPB AMT: 1,524,561.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 398
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031865769 MORTGAGORS: LORD ROBERT
LORD MARY
REGION CODE ADDRESS : 46 POND ROAD
01 CITY : WEST TISBURY
STATE/ZIP : MA 02575
MORTGAGE AMOUNT : 255,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,027.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.08100
-------------------------------------------------------------------
0 0031865926 MORTGAGORS: DONOVAN PAUL
DONOVAN ELISA
REGION CODE ADDRESS : 93 CLAREMONT AVE
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.54 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.30400
-------------------------------------------------------------------
0 0031866007 MORTGAGORS: HANCOCK BRYAN
REGION CODE ADDRESS : 810 DETROIT ST
01 CITY : DENVER
STATE/ZIP : CO 80206
MORTGAGE AMOUNT : 253,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,297.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.55800
-------------------------------------------------------------------
0 0031866056 MORTGAGORS: DANIEL IAN
DANIEL ROSELYNN
REGION CODE ADDRESS : 31 VIA BRIDA
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,809.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031866155 MORTGAGORS: SANCHEZ DAVID
PALAZUELOS YVETTE
REGION CODE ADDRESS : 301 NORTH GERONA AVENUE
01 CITY : SAN GABRIEL
STATE/ZIP : CA 91775
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,784.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.71800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,324,100.00
P & I AMT: 9,028.92
UPB AMT: 1,322,919.04
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 399
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031866205 MORTGAGORS: LY KYLE
LY YENLE
REGION CODE ADDRESS : 3308 REMINGTON WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031866320 MORTGAGORS: PEAT JON
PEAT BONNIE
REGION CODE ADDRESS : 9828 RAVARI DRIVE,
01 CITY : CYPRESS,
STATE/ZIP : CA 90630
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.68421
-------------------------------------------------------------------
0 0031866338 MORTGAGORS: ALVAREZ RAFAEL
ALVAREZ KIMBERLY
REGION CODE ADDRESS : 7306 RANCHO MOLINO TRAIL
01 CITY : FORESTVILLE
STATE/ZIP : CA 95436
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,744.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.06 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.96100
-------------------------------------------------------------------
0 0031866361 MORTGAGORS: MACDONALD THOMAS
MACDONALD LISA
REGION CODE ADDRESS : 1610 VIA TULIPAN
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92673
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,595.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.73600
-------------------------------------------------------------------
0 0031866403 MORTGAGORS: BOWNE BRUCE
BOWNE LAURA
REGION CODE ADDRESS : 5135 CONGEMI COURT
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91739
MORTGAGE AMOUNT : 266,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,774.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.98269
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,400,700.00
P & I AMT: 9,228.89
UPB AMT: 1,400,209.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 400
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031866452 MORTGAGORS: PHAM STEVE
PHAM LISA
REGION CODE ADDRESS : 2177 ROCKROSE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95133
MORTGAGE AMOUNT : 375,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 375,399.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,531.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0031866726 MORTGAGORS: PRICE VINCENT
PRICE ANNETTE
REGION CODE ADDRESS : 129 GRAHAM WAY
01 CITY : DEVON
STATE/ZIP : PA 19333
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,728.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 59.40500
-------------------------------------------------------------------
0 0031866825 MORTGAGORS: RIZZO THOMAS
RIZZO THERESA
REGION CODE ADDRESS : 8158 HILLCREST DRIVE
01 CITY : MANASSAS
STATE/ZIP : VA 20111
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,760.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,741.65 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031866833 MORTGAGORS: RISSMAN HOWARD
RISSMAN VICTORIA
REGION CODE ADDRESS : 10432 JEROME STREET
01 CITY : VILLA PARK
STATE/ZIP : CA 92861
MORTGAGE AMOUNT : 314,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,742.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,089.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.77777
-------------------------------------------------------------------
0 0031866999 MORTGAGORS: ALIGIREDDY RANADHIR
ALIGIREDDY NEELIMA
REGION CODE ADDRESS : 4817 TUSCANY CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95135
MORTGAGE AMOUNT : 435,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 434,643.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,894.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,696,700.00
P & I AMT: 11,152.13
UPB AMT: 1,695,274.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 401
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031867088 MORTGAGORS: NIES DOUGLAS
NIES JEANENE
REGION CODE ADDRESS : 10130 ORCAS AVENUE
01 CITY : SHADOW HILLS
STATE/ZIP : CA 91040
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,773.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,906.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.56400
-------------------------------------------------------------------
0 0031867138 MORTGAGORS: REYNAL SAMUEL
REYNAL KATHLEEN
REGION CODE ADDRESS : 148 ESCALONA AVENUE
01 CITY : EL GRANADA
STATE/ZIP : CA 94018
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 371,702.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,506.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.40000
-------------------------------------------------------------------
0 0031867252 MORTGAGORS: KASTENHOLZ CHARLES
KASTENHOLZ LAUREL
REGION CODE ADDRESS : 536 SOUTH MARIA AVENUE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0031867534 MORTGAGORS: LANTZAKIS MANOLIS
LANTZAKIS DEMETRA
REGION CODE ADDRESS : 3 TYLER LANE
01 CITY : MIDDLETON
STATE/ZIP : MA 01949
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,947.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031867583 MORTGAGORS: CHRISTENSEN JOAN
CHRISTENSEN JEB
REGION CODE ADDRESS : 14171 S.E. ROLLING MEADOWS DRIVE
01 CITY : HAPPY VALLEY
STATE/ZIP : OR 97236
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,156.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.11900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,457,900.00
P & I AMT: 9,940.41
UPB AMT: 1,455,281.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 402
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031867690 MORTGAGORS: TOLBERT STEPHEN
TOLBERT JEAN
REGION CODE ADDRESS : 13512 HUNTING HILL WAY
01 CITY : NORTH POTOMAC
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,902.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,426.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.03200
-------------------------------------------------------------------
0 0031867765 MORTGAGORS: CORELLA JEFFREY
CORELLA CYNTHIA
REGION CODE ADDRESS : 21556 KOUROS COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20147
MORTGAGE AMOUNT : 252,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,482.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031867799 MORTGAGORS: KULAKOWSKI JAMES
KULAKOWSKI LINDA
REGION CODE ADDRESS : 321 REGATTA WAY
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.06849
-------------------------------------------------------------------
0 0031867807 MORTGAGORS: PALMER CHARLES
PALMER SUSAN
REGION CODE ADDRESS : 11181 BENT PINE DRIVE
01 CITY : FT MYERS
STATE/ZIP : FL 33913
MORTGAGE AMOUNT : 288,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,863.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99200
-------------------------------------------------------------------
0 0031867880 MORTGAGORS: DIGBY JAMES
REGION CODE ADDRESS : 14058 EAGLE CHASE CIRCLE
01 CITY : CHANTILLY
STATE/ZIP : VA 20151
MORTGAGE AMOUNT : 316,560.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,560.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,186.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,621,360.00
P & I AMT: 11,014.31
UPB AMT: 1,619,589.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 403
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031867898 MORTGAGORS: BURNS DOUGLAS
BURNS ANGELA
REGION CODE ADDRESS : 3117 JERMAN LANE
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,654.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031868029 MORTGAGORS: SADEGHI-NEJAD HOSSEIN
JAHANGIRI LEILA
REGION CODE ADDRESS : 76 RENSSELEAR ROAD
01 CITY : ESSEX FALLS BOROUGH
STATE/ZIP : NJ 07021
MORTGAGE AMOUNT : 501,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 501,218.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,464.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.93600
-------------------------------------------------------------------
0 0031868110 MORTGAGORS: VISCOUNTY PERRY
VISCOUNTY MARY
REGION CODE ADDRESS : 10912 FURLONG DR
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 446,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,142.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,008.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.64100
-------------------------------------------------------------------
0 0031868151 MORTGAGORS: FALLS ROBERT
FALLS KATHRYN
REGION CODE ADDRESS : 166 SOUTH MAIN STREET
01 CITY : CHAGRIN FALLS
STATE/ZIP : OH 44022
MORTGAGE AMOUNT : 346,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,363.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031868169 MORTGAGORS: CROWLEY THOMAS
CROWLEY XIAONING
REGION CODE ADDRESS : 888 BEACON STREET
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,606.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,314.70 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: 2,032,200.00
P & I AMT: 13,805.69
UPB AMT: 2,031,067.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 404
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031868268 MORTGAGORS: MERTZ FRED
REGION CODE ADDRESS : 95 NYMPH ROAD
01 CITY : BOLINAS
STATE/ZIP : CA 94924
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0031868367 MORTGAGORS: ARNOLD STEPHEN
REGION CODE ADDRESS : 2527 DAKIN DRIVE
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,798.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,901.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.84058
-------------------------------------------------------------------
0 0031868615 MORTGAGORS: HEABERLIN DAVID
HEABERLIN NANCY
REGION CODE ADDRESS : 249 MONACO DR
01 CITY : REDWOOD CITY
STATE/ZIP : CA 94065
MORTGAGE AMOUNT : 471,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 469,140.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,213.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.90800
-------------------------------------------------------------------
0 0031868805 MORTGAGORS: BARR DARLENE
CROGHAN ANNE
REGION CODE ADDRESS : 2810 NE 60TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 243,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,353.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.27717
-------------------------------------------------------------------
0 0031869092 MORTGAGORS: LINDROS JOHN
LINDROS MARIE
REGION CODE ADDRESS : LOT 26 TOWNE HILL ROAD
01 CITY : BRADFORD
STATE/ZIP : MA 01835
MORTGAGE AMOUNT : 279,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,705.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,787.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.99800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,521,100.00
P & I AMT: 10,347.61
UPB AMT: 1,517,998.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 405
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031869100 MORTGAGORS: COPELAND STEWART
COPELAND FIONA
REGION CODE ADDRESS : 181 N.SALTAIR AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 999,219.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,821.76 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 33.33333
-------------------------------------------------------------------
0 0031869134 MORTGAGORS: MANN ROBERT
MANN LIBRADA
REGION CODE ADDRESS : 5810 KENTLAND AVENUE
01 CITY : (WOODLAND HILLS AREA) LOS
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,598.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.25000
-------------------------------------------------------------------
0 0031869332 MORTGAGORS: TOUTOUNCHI SHAHIN
KIANI SHAHNAZ
REGION CODE ADDRESS : 7445 ASPEN COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 73.11828
-------------------------------------------------------------------
0 0031869340 MORTGAGORS: HEJNA DONALD
HEJNA GLORIA
REGION CODE ADDRESS : 272 DEL MONTE AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 398,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,345.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,647.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.85714
-------------------------------------------------------------------
0 0031869555 MORTGAGORS: DEATON DARIN
DEATON MICHELE
REGION CODE ADDRESS : 1441 MT.GILEAD ROAD
01 CITY : KELLER
STATE/ZIP : TX 76262
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 : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 72.72700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,207,000.00
P & I AMT: 14,931.02
UPB AMT: 2,204,748.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 406
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031869605 MORTGAGORS: MANN DEAN
MANN HELEN
REGION CODE ADDRESS : 296 PEBBLE HILL PLACE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93111
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.57800
-------------------------------------------------------------------
0 0031869654 MORTGAGORS: USHER RICHARD
REGION CODE ADDRESS : 28472 RANCHO CRISTIANO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 339,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,287.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031869704 MORTGAGORS: NARAGON MAURICE
NARAGON MARGARET
REGION CODE ADDRESS : 22216 EUCALYPTUS LANE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,640.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031869746 MORTGAGORS: STIVERS PHILIP
STIVERS DEBORAH
REGION CODE ADDRESS : 2132 VINTAGE PLACE
01 CITY : ESCONDIDO
STATE/ZIP : CA 92027
MORTGAGE AMOUNT : 251,910.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,910.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,675.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 88.96000
-------------------------------------------------------------------
0 0031869829 MORTGAGORS: STRONG THOMAS
REGION CODE ADDRESS : 1133 GREYMOOR ROAD
01 CITY : BIRMINGHAM
STATE/ZIP : AL 35242
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 422,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,914.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.26000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,680,510.00
P & I AMT: 11,349.12
UPB AMT: 1,680,510.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 407
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031869894 MORTGAGORS: GORMAN BRADLEY
HENSON STACY
REGION CODE ADDRESS : LOT 18 CEDAR SPRINGS COURT
01 CITY : ASHBURN
STATE/ZIP : VA 20148
MORTGAGE AMOUNT : 252,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,432.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,638.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99600
-------------------------------------------------------------------
0 0031870116 MORTGAGORS: PATERSON DREW
PATERSON ROBIN
REGION CODE ADDRESS : 22386 E. ARBOR DRIVE
01 CITY : AURORA
STATE/ZIP : CO 80016
MORTGAGE AMOUNT : 261,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,041.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99889
-------------------------------------------------------------------
0 0031870124 MORTGAGORS: TUCKER LEIGH
MEHRTENS STEPHEN
REGION CODE ADDRESS : 60 HARVARD AVE
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,896.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031870421 MORTGAGORS: BOSCH RICHARD
BOSCH SUSAN
REGION CODE ADDRESS : 57696 DUTCHMAN LANE
01 CITY : SUNRIVER
STATE/ZIP : OR 97707
MORTGAGE AMOUNT : 291,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,447.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031870488 MORTGAGORS: HEFFNER JOHN
HEFFNER JUDY
REGION CODE ADDRESS : 4034 ELLICOTT STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22304
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.02597
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,375,050.00
P & I AMT: 9,176.53
UPB AMT: 1,373,692.97
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 408
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031870678 MORTGAGORS: ZIELINSKI RONALD
REGION CODE ADDRESS : 5480 RUNNING SPRING WAY
01 CITY : YORBA LINDA,
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,569.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.21000
-------------------------------------------------------------------
0 0031870728 MORTGAGORS: HORTON MARY
REGION CODE ADDRESS : 6929 VALLEY VIEW RD
01 CITY : EDINA
STATE/ZIP : MN 55439
MORTGAGE AMOUNT : 258,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,527.22 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031871064 MORTGAGORS: WATERS HELEN
WATERS JAMES
REGION CODE ADDRESS : 64 PEACEDALE ROAD
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.15700
-------------------------------------------------------------------
0 0031871155 MORTGAGORS: MURPHY EDMUND
MURPHY ELLEN
REGION CODE ADDRESS : 5132 240TH AVENUE NORTHEAST
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.89247
-------------------------------------------------------------------
0 0031871171 MORTGAGORS: GORE MICHAEL
GORE SHERYLL
REGION CODE ADDRESS : 1816 EAGLE PEAK AVENUE
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,791.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.28500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,367,750.00
P & I AMT: 9,216.94
UPB AMT: 1,366,439.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 409
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031871247 MORTGAGORS: SCHNURBUSCH DAVID
SCHNURBUSCH BRENDA
REGION CODE ADDRESS : 6000 PARADISE LANE
01 CITY : COMBINE
STATE/ZIP : TX 75159
MORTGAGE AMOUNT : 471,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,298.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,293.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031871288 MORTGAGORS: MORALES ARTURO
DESILVESTORE CASSIE
REGION CODE ADDRESS : 5109 SILVER ARROW DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,650.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,732.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031871320 MORTGAGORS: LONG STEVEN
BILAJIW GINA
REGION CODE ADDRESS : 509 N KENMORE STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,423.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031871585 MORTGAGORS: CHAIT MICHAEL
CHAIT SUSAN
REGION CODE ADDRESS : 5140 AMIGO AVENUE
01 CITY : TARZANA AREA
STATE/ZIP : CA 91356
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031871593 MORTGAGORS: ORNELAS RUSSELL
ORNELAS SANDRA
REGION CODE ADDRESS : 523 WEST NORMAN AVENUE
01 CITY : ARCADIA
STATE/ZIP : CA 91006
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,683.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,873.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,892,600.00
P & I AMT: 12,921.06
UPB AMT: 1,890,770.88
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 410
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031871742 MORTGAGORS: DILLING SCOTT
DILLING JUDITH
REGION CODE ADDRESS : 442 POCONO MANOR PLACE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,751.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.51000
-------------------------------------------------------------------
0 0031871833 MORTGAGORS: SPIEGLER ALLEN
POST DEBORAH
REGION CODE ADDRESS : 2819 OCEAN AVENUE
01 CITY : VENICE AREA
STATE/ZIP : CA 90291
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031871841 MORTGAGORS: BLACK TODD
BLACK RUTH
REGION CODE ADDRESS : 10559 LE CONTE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 877,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 877,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,986.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 015
LTV : 65.00000
-------------------------------------------------------------------
0 0031871932 MORTGAGORS: MARX ROBERT
MARX TAMYRA
REGION CODE ADDRESS : 8806 VENTOR AVENUE
01 CITY : MARGATE
STATE/ZIP : NJ 08402
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.00000
-------------------------------------------------------------------
0 0031872237 MORTGAGORS: BERGAMO CAROLYN
REGION CODE ADDRESS : 350 WILLOW ROAD
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,129,500.00
P & I AMT: 14,385.79
UPB AMT: 2,128,233.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 411
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031872302 MORTGAGORS: BOEH MARK
VOMVOLAKIS-BOEH DIANA
REGION CODE ADDRESS : 2574 PLUM STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.18100
-------------------------------------------------------------------
0 0031872310 MORTGAGORS: BURCHER NICHOLAS
BURCHER KAREN
REGION CODE ADDRESS : 3629 PERADA DRIVE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.18100
-------------------------------------------------------------------
0 0031872344 MORTGAGORS: LEE HENRY
LEE JAN
REGION CODE ADDRESS : 1336 WATERWAYS DR.
01 CITY : ANN ARBOR
STATE/ZIP : MI 48108
MORTGAGE AMOUNT : 269,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,018.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,930.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 75.88700
-------------------------------------------------------------------
0 0031872401 MORTGAGORS: SILVER AUBREY
SILVER JEAN
REGION CODE ADDRESS : 22689 CRESPI ST
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.19 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031872435 MORTGAGORS: ROBINSON ROBERT
ROBINSON SHERRY
REGION CODE ADDRESS : 1008 WILLIAMS WAY
01 CITY : OLD HICKORY
STATE/ZIP : TN 37138
MORTGAGE AMOUNT : 406,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,098.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,841.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,551,800.00
P & I AMT: 10,864.50
UPB AMT: 1,550,166.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 412
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031872443 MORTGAGORS: LA MONS GARY
LA MONS KAREN
REGION CODE ADDRESS : 7010 MOLLUK WAY
01 CITY : CLAYTON
STATE/ZIP : CA 94517
MORTGAGE AMOUNT : 268,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,179.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,785.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.49800
-------------------------------------------------------------------
0 0031872484 MORTGAGORS: COOK WESTON
COOK CHRISTINE
REGION CODE ADDRESS : 7012 MOLLUK WAY,
01 CITY : CLAYTON,
STATE/ZIP : CA 94517
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0031872625 MORTGAGORS: BEBEE STEPHEN
BEBEE DEBRA
REGION CODE ADDRESS : 16309 OLD ORCHARD ROAD
01 CITY : SILVER SPRING
STATE/ZIP : MD 20905
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,715.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,140.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031872716 MORTGAGORS: LAU CHUCK
LAU NANCY
REGION CODE ADDRESS : 411 WEST ENTERPRISE AVE,
01 CITY : CLOVIS
STATE/ZIP : CA 93611
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,494.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,122.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.74300
-------------------------------------------------------------------
0 0031872757 MORTGAGORS: ANDERSSON ANDERS
ANDERSSON JOYCE
REGION CODE ADDRESS : 5202 SOUTH HOLLY STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98118
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,557.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.72000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,488,300.00
P & I AMT: 9,946.69
UPB AMT: 1,486,614.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 413
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031872849 MORTGAGORS: RICH ROBERT
RICH DONNA
REGION CODE ADDRESS : 17 BRIARHILL ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 308,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,079.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.50800
-------------------------------------------------------------------
0 0031873425 MORTGAGORS: COPELAND MICHAEL
COPELAND JULIE
REGION CODE ADDRESS : 4045 CANYON CREST ROAD WEST
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.12400
-------------------------------------------------------------------
0 0031873474 MORTGAGORS: GARRETT KENNETH
GARRETT DOROTHY
REGION CODE ADDRESS : 2001 MAVERICK LANE
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,638.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,538.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 47.61904
-------------------------------------------------------------------
0 0031873540 MORTGAGORS: BURGESS DAVID
BURGESS BARBARA
REGION CODE ADDRESS : 9 HARVEST GLEN COURT
01 CITY : HAWTHORN WOODS
STATE/ZIP : IL 60047
MORTGAGE AMOUNT : 311,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,501.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,095.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.79012
-------------------------------------------------------------------
0 0031873599 MORTGAGORS: ASH PERRY
ASH ANTOINETTE
REGION CODE ADDRESS : 105 ENCHANTED CT N
01 CITY : BURLESON
STATE/ZIP : TX 76028
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,350.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.08200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,834,600.00
P & I AMT: 12,590.90
UPB AMT: 1,832,855.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 414
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031873698 MORTGAGORS: GREENE C.
GREENE ALLYSON
REGION CODE ADDRESS : 4044 EMMA LANE
01 CITY : ATLANTA
STATE/ZIP : GA 30342
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,538.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.89690
-------------------------------------------------------------------
0 0031873854 MORTGAGORS: MILLER VERNON
MILLER MARSHA
REGION CODE ADDRESS : 23224 WEST SAVOY PLACE
01 CITY : VALENCIA AREA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 251,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,398.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,695.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.24200
-------------------------------------------------------------------
0 0031873862 MORTGAGORS: REHMS MARK
REHMS SARA
REGION CODE ADDRESS : 18161 LINCOLN STREET
01 CITY : VILLA PARK
STATE/ZIP : CA 92667
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,768.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,876.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.33333
-------------------------------------------------------------------
0 0031874100 MORTGAGORS: SCHULTZ MICHAEL
SCHULTZ LISA
REGION CODE ADDRESS : 348 CANNON RIDGE DRIVE
01 CITY : CHULA VISTA
STATE/ZIP : CA 91902
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,117.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031874118 MORTGAGORS: LING I-CHUNG
WEI MEI-LING
REGION CODE ADDRESS : 20284 FRANKLIN AVENUE
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 497,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 496,602.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,348.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.51000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,600.00
P & I AMT: 11,204.40
UPB AMT: 1,631,308.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 415
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031874175 MORTGAGORS: VELISEK JEFFREY
VELISEK AMY
REGION CODE ADDRESS : 823 TUNBRIDGE ROAD
01 CITY : DANVILLE
STATE/ZIP : CA 94526
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031874191 MORTGAGORS: ZONA RICHARD
REGION CODE ADDRESS : 3260 RIMCREST CIRCLE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 564,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 563,201.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,040.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031874217 MORTGAGORS: KANDIL OSAMA
REGION CODE ADDRESS : 1162 MILLWOOD POND DRIVE
01 CITY : HERNDON
STATE/ZIP : VA 22070
MORTGAGE AMOUNT : 431,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 430,707.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,016.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.61042
-------------------------------------------------------------------
0 0031874258 MORTGAGORS: ROSE WILLIAM
ROSE NANCE
REGION CODE ADDRESS : 197 BIGHORN RIDGE DR NE
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,831.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 64.51613
-------------------------------------------------------------------
0 0031874274 MORTGAGORS: WU YAU-CHEN
HUANG YIN-CHI
REGION CODE ADDRESS : 764 MISSION VILLA TERR.
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,651.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,049.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.52000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,322,350.00
P & I AMT: 16,130.60
UPB AMT: 2,320,166.89
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 416
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031874282 MORTGAGORS: LEIGH ELYNORE
REGION CODE ADDRESS : 9857 RATHBURN AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 326,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,477.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031874290 MORTGAGORS: GEYER ROBERT
GEYER MICHELLE
REGION CODE ADDRESS : 781 MONICA LANE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,541.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.43358
-------------------------------------------------------------------
0 0031874316 MORTGAGORS: O'DELL HOWARD
O'DELL ELLEN
REGION CODE ADDRESS : 472 RICHLEE DRIVE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,571.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031874324 MORTGAGORS: BURNS TIMOTHY
REGION CODE ADDRESS : 5800 BUENA VISTA AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,519.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,258.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.00000
-------------------------------------------------------------------
0 0031874332 MORTGAGORS: WILLIAMS OWEN
WILLIAMS LINDA
REGION CODE ADDRESS : 18931 FERNBROOK COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 579,092.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,956.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,810,000.00
P & I AMT: 12,423.93
UPB AMT: 1,807,201.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 417
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031874357 MORTGAGORS: PANTIS NICK
REGION CODE ADDRESS : 4104 MARSHALL AVENUE
01 CITY : CARMICHAEL
STATE/ZIP : CA 95608
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.64500
-------------------------------------------------------------------
0 0031874381 MORTGAGORS: SCRIMA TODD
REGION CODE ADDRESS : 740 SAN RAMON WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 414,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 413,677.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031874720 MORTGAGORS: STEIN STEVEN
STEIN BARBARA
REGION CODE ADDRESS : 3011 EAST 1ST STREET
01 CITY : LONG BEACH
STATE/ZIP : CA 90803
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,271.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.83100
-------------------------------------------------------------------
0 0031874753 MORTGAGORS: ELLIOTT JOHN
ELLIOTT MYRA
REGION CODE ADDRESS : 1524 PLYMOUTH LANE (SAN PEDRO AREA
01 CITY : LOS ANGELES
STATE/ZIP : CA 90731
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031874795 MORTGAGORS: MARTIN GERALD
MARTIN NICOLE
REGION CODE ADDRESS : 4294 AVON DRIVE
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 267,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,759.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,567,900.00
P & I AMT: 10,626.46
UPB AMT: 1,567,345.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 418
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031874944 MORTGAGORS: HOLMAN DEVAKI
REGION CODE ADDRESS : 4411 AKU ROAD
01 CITY : HANALEI
STATE/ZIP : HI 96714
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.52525
-------------------------------------------------------------------
0 0031875032 MORTGAGORS: MILLER JAMES
REGION CODE ADDRESS : 10976 PALLON WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92124
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031875230 MORTGAGORS: DAYRIT ENERITO
DAYRIT JOCELYN
REGION CODE ADDRESS : 63 AZALEA PLACE
01 CITY : PISCATAWAY
STATE/ZIP : NJ 08854
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,766.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 72.37000
-------------------------------------------------------------------
0 0031875289 MORTGAGORS: ARJOMAND ALI
ARJOMAND PARVANEH
REGION CODE ADDRESS : 160 FERNLY PARK DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 269,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,362.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.28 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031875321 MORTGAGORS: HOLTZ GARY
HOLTZ JEANINE
REGION CODE ADDRESS : 1868 CORRALITOS AVENUE
01 CITY : SAN LUIS OBISPO
STATE/ZIP : CA 93401
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,125.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,339,600.00
P & I AMT: 8,906.24
UPB AMT: 1,338,925.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 419
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031875503 MORTGAGORS: RIVERA EMMANUEL
RIVERA PRECIOUS
REGION CODE ADDRESS : 32707 FOLKLORE LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,759.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,955.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.78900
-------------------------------------------------------------------
0 0031875594 MORTGAGORS: KITTERMAN CRAIG
KITTERMAN ROXANNE
REGION CODE ADDRESS : 1564 WAWONA DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.10500
-------------------------------------------------------------------
0 0031875644 MORTGAGORS: SEARS JAMES
SEARS JEAN
REGION CODE ADDRESS : 53 WHITETAIL ROAD
01 CITY : IRVINGTON
STATE/ZIP : NY 10533
MORTGAGE AMOUNT : 294,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,270.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,009.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031875701 MORTGAGORS: BARNARD KENNETH
BARNARD CAROLYN
REGION CODE ADDRESS : 815 EL CHORRO WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,747.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,293.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031875727 MORTGAGORS: STRAUS DAVID
STRAUS YUKI
REGION CODE ADDRESS : 428 GREGORY AVENUE
01 CITY : WILMETTE
STATE/ZIP : IL 60091
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.53990
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,622,500.00
P & I AMT: 11,017.31
UPB AMT: 1,621,222.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 420
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031875859 MORTGAGORS: PETRZELKA TERRENCE
PETRZELKA DIANNE
REGION CODE ADDRESS : 8140 GILMAN COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 342,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 341,890.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,394.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031875917 MORTGAGORS: PERRY MICHAEL
PERRY NANCY
REGION CODE ADDRESS : 1010 ROSALIND ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 1,300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 1,298,960.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 8,758.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 015
LTV : 69.89200
-------------------------------------------------------------------
0 0031875925 MORTGAGORS: BARRABEE STEVEN
FRANCO THERESA
REGION CODE ADDRESS : 1025 CLAYTON STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
MORTGAGE AMOUNT : 500,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,656.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,287.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.56100
-------------------------------------------------------------------
0 0031876048 MORTGAGORS: CLARK JAMES
CLARK JANE
REGION CODE ADDRESS : 32920 BROOKSEED DRIVE
01 CITY : TABUCO CANTON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,919.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,335.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.12500
-------------------------------------------------------------------
0 0031876261 MORTGAGORS: BLUMENTHAL EDWARD
BLUMENTHAL ALISSA
REGION CODE ADDRESS : 2148 BASSWOOD DRIVE
01 CITY : LAFAYETTE HILL
STATE/ZIP : PA 19444
MORTGAGE AMOUNT : 303,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,990.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,796,900.00
P & I AMT: 18,766.10
UPB AMT: 2,793,427.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 421
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031876311 MORTGAGORS: STEWART PAUL
REGION CODE ADDRESS : 37 WHIPPOORWILL ROAD,
01 CITY : TRABUCO CANYON AREA,
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.41800
-------------------------------------------------------------------
0 0031876576 MORTGAGORS: LISIAK JAMES
LISIAK NANCY
REGION CODE ADDRESS : 45 EDINBURGH PLACE
01 CITY : DANVILLE
STATE/ZIP : CA 94526
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 58.46100
-------------------------------------------------------------------
0 0031876584 MORTGAGORS: RUSH R.
NORDLING TAMIS
REGION CODE ADDRESS : 7344 KEEN WAY NORTH,
01 CITY : SEATTLE,
STATE/ZIP : WA 98103
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,818.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031876592 MORTGAGORS: MILLER STEPHEN
MILLER TERESA
REGION CODE ADDRESS : 27339 CHESHIRE LANE
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,925.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031876618 MORTGAGORS: SWANSON DAVID
SWANSON SUZANNE
REGION CODE ADDRESS : 1680 GLEN CANYON ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 420,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.35175
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,676,000.00
P & I AMT: 11,347.18
UPB AMT: 1,676,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 422
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031876667 MORTGAGORS: AUGENSTEIN STEVEN
AUGENSTEIN DANEKA
REGION CODE ADDRESS : 1404 RIDGEWOOD DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 255,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,305.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,764.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.98100
-------------------------------------------------------------------
0 0031876733 MORTGAGORS: REICHMAN DAVID
REICHMAN JUDITH
REGION CODE ADDRESS : 436 CAMBRIDGE CIRCLE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
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 : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031876808 MORTGAGORS: BECKER JERRY
BECKER LYNETTE
REGION CODE ADDRESS : 5390 ASPENWOOD CT
01 CITY : CONCORD
STATE/ZIP : CA 94521
MORTGAGE AMOUNT : 380,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,988.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,530.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.48200
-------------------------------------------------------------------
0 0031876816 MORTGAGORS: KYOTANI KURT
KYOTANI MINERVA
REGION CODE ADDRESS : 36170 SILVERADO PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 357,075.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,775.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99995
-------------------------------------------------------------------
0 0031876832 MORTGAGORS: LOPEZ ANGEL
LOPEZ IRMA
REGION CODE ADDRESS : 36181 SILVERADO PLACE
01 CITY : NEWARK
STATE/ZIP : CA 94560
MORTGAGE AMOUNT : 364,627.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,320.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,693,502.00
P & I AMT: 11,385.26
UPB AMT: 1,692,389.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 423
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031876840 MORTGAGORS: MCLAUGHLIN JACK
MCLAUGHLIN SHERYL
REGION CODE ADDRESS : 846 HILL ROAD
01 CITY : SOUTH LAKE TAHOE
STATE/ZIP : CA 96150
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,000.00 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 : 70.00000
-------------------------------------------------------------------
0 0031876857 MORTGAGORS: KOLLMAN ALAN
KOLLMAN KRISTENE
REGION CODE ADDRESS : 11260 NORTH 118TH STREET
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85259
MORTGAGE AMOUNT : 267,181.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,961.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 84.55000
-------------------------------------------------------------------
0 0031876865 MORTGAGORS: BURGESS ROBERT
BURGESS GEORGIA
REGION CODE ADDRESS : 1015 NORTH GLENGARRY ROAD
01 CITY : BLOOMFIELD HILLS
STATE/ZIP : MI 48301
MORTGAGE AMOUNT : 587,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 586,506.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,856.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.15200
-------------------------------------------------------------------
0 0031876873 MORTGAGORS: PALMER THOMAS
REGION CODE ADDRESS : 1396 CEDAR STREET
01 CITY : MONTARA
STATE/ZIP : CA 94037
MORTGAGE AMOUNT : 369,375.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,375.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,426.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.87500
-------------------------------------------------------------------
0 0031876899 MORTGAGORS: GOLDEN MARK
CLEMENT MARCIA
REGION CODE ADDRESS : 93 CHARTER OAKS DRIVE
01 CITY : CASTLEROCK
STATE/ZIP : CO 80104
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,750.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,951.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.22302
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,765,556.00
P & I AMT: 11,703.51
UPB AMT: 1,764,594.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 424
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031876972 MORTGAGORS: APPELMAN KELVIN
APPELMAN DEBORAH
REGION CODE ADDRESS : 9462 SWAN LAKE DRIVE
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 274,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,669.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99976
-------------------------------------------------------------------
0 0031876980 MORTGAGORS: MCCUE DAVID
MCCUE PAMELA
REGION CODE ADDRESS : 1772 CATTAIL MEADOWS DRIVE
01 CITY : WOODBINE
STATE/ZIP : MD 21797
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.74500
-------------------------------------------------------------------
0 0031877095 MORTGAGORS: COMOLLI DANA
STALEY CORINN
REGION CODE ADDRESS : 1530 CHRISTINA LANE
01 CITY : LAKE FOREST
STATE/ZIP : IL 60045
MORTGAGE AMOUNT : 439,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,883.92 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.02200
-------------------------------------------------------------------
0 0031877269 MORTGAGORS: KATGARA PALLAN
REGION CODE ADDRESS : 1119 CEDAR RIDGE ROAD
01 CITY : UPPER BROOKVILLE
STATE/ZIP : NY 11771
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,057.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 59.01600
-------------------------------------------------------------------
0 0031877285 MORTGAGORS: BROYLES WILLIAM
BROYLES NANCY
REGION CODE ADDRESS : 335 MILLICENT WAY
01 CITY : SHREVEPORT
STATE/ZIP : LA 71106
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,191.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,273.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,885,900.00
P & I AMT: 12,670.74
UPB AMT: 1,884,656.83
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 425
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031877301 MORTGAGORS: MATHEWS CHARLENE
REGION CODE ADDRESS : 3040 SUNSET HILL ROAD
01 CITY : ROCKLIN
STATE/ZIP : CA 95677
MORTGAGE AMOUNT : 273,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,275.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.97200
-------------------------------------------------------------------
0 0031877343 MORTGAGORS: GARIGLIANO THOMAS
REGION CODE ADDRESS : 1155 CATALINA STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031877350 MORTGAGORS: BEVERLY LISA
REGION CODE ADDRESS : 20 CASELLI AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,608.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031877418 MORTGAGORS: DYER RICHARD
REGION CODE ADDRESS : 33502 AGUA DULCE CANYON ROAD
01 CITY : AGUA DULCE
STATE/ZIP : CA 91350
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031877483 MORTGAGORS: BROWN ROBERT
BROWN TRACY
REGION CODE ADDRESS : 26 CONCORD ROAD
01 CITY : ACTON
STATE/ZIP : MA 01720
MORTGAGE AMOUNT : 273,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,546.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,512,250.00
P & I AMT: 10,417.98
UPB AMT: 1,511,111.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 426
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031877491 MORTGAGORS: MC NAIR ELISABETH
REGION CODE ADDRESS : 12 LENAPE COURT
01 CITY : MT. LAUREL
STATE/ZIP : NJ 08054
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,434.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.07068
-------------------------------------------------------------------
0 0031877582 MORTGAGORS: GLOVSKY M.
GLOVSKY CAROLE
REGION CODE ADDRESS : 1961 OAK STREET
01 CITY : SOUTH PASADENA
STATE/ZIP : CA 91030
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,552.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,372.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031877731 MORTGAGORS: SMITH DAVID
SMITH CHRISTY
REGION CODE ADDRESS : 25 RUE GRAND DUCAL
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 598,552.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,042.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031877855 MORTGAGORS: FLYNN JUDITH
KELLEY JOHN
REGION CODE ADDRESS : 5800 OAK GROVE STREET
01 CITY : MASON NECK
STATE/ZIP : VA 22079
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,401.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,357.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.74000
-------------------------------------------------------------------
0 0031877863 MORTGAGORS: FINKEL LARRY
FINKEL BETH
REGION CODE ADDRESS : 20579 OVERTON COURT
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,790.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,703.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,955,000.00
P & I AMT: 13,447.58
UPB AMT: 1,951,730.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 427
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031877871 MORTGAGORS: SEGAL MARK
SEGAL AMANDA
REGION CODE ADDRESS : 10222 SWEETWOOD AVENUE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,697.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031878036 MORTGAGORS: MAHAFFEY STEVE
REGION CODE ADDRESS : 5066 HARWOOD ROAD
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 285,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,521.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,925.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031878044 MORTGAGORS: DAMIANO FRANK
DAMIANO JANICE
REGION CODE ADDRESS : 3295 DIAS DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95148
MORTGAGE AMOUNT : 245,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,413.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031878077 MORTGAGORS: TURNBULL ARCHIE
REGION CODE ADDRESS : 903 CANYON HEIGHTS ROAD
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 266,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,839.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.52200
-------------------------------------------------------------------
0 0031878093 MORTGAGORS: RACANO VITO
REGION CODE ADDRESS : 1530 POPPY PEAK DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 337,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,273.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.97300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,495,150.00
P & I AMT: 10,099.49
UPB AMT: 1,494,432.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 428
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031878200 MORTGAGORS: MULLEN MATTHEW
MULLEN HALLIE
REGION CODE ADDRESS : 2808 CUPFLOWER COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94588
MORTGAGE AMOUNT : 278,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,393.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
0 0031878275 MORTGAGORS: MARK GORDON
MARK JANICE
REGION CODE ADDRESS : 24260 BRECKENRIDGE COURT
01 CITY : DIAMOND BAR
STATE/ZIP : CA 91765
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.57100
-------------------------------------------------------------------
0 0031878416 MORTGAGORS: BENAMATI BRIAN
BENAMATI GAYLE
REGION CODE ADDRESS : 47 MANITOBA WOODS LANE
01 CITY : GATES
STATE/ZIP : NY 14559
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,217.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98900
-------------------------------------------------------------------
0 0031878457 MORTGAGORS: WERTZ DAVID
WERTZ MARTHA
REGION CODE ADDRESS : 7260 SOUTH HUDSON WAY
01 CITY : LITTLETON
STATE/ZIP : CO 80122
MORTGAGE AMOUNT : 269,648.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,648.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031878564 MORTGAGORS: KRANZ DOROTHY
REGION CODE ADDRESS : 117 TIMBERWOOD ROAD
01 CITY : KERRVILLE
STATE/ZIP : TX 78028
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,322,148.00
P & I AMT: 8,991.79
UPB AMT: 1,320,060.99
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 429
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031878671 MORTGAGORS: BERGERSON SUSAN
REGION CODE ADDRESS : 2100 BELMONT DRIVE
01 CITY : ANCHORAGE
STATE/ZIP : AK 99517
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,800.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 44.24700
-------------------------------------------------------------------
0 0031878713 MORTGAGORS: GEORGE CLARK
GEORGE KAREN
REGION CODE ADDRESS : 55 SUNHILL ROAD
01 CITY : NESCONSET
STATE/ZIP : NY 11767
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,780.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031878739 MORTGAGORS: BEAR NANCY
REGION CODE ADDRESS : 709 NORTH BAY FRONT
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92662
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 48.14800
-------------------------------------------------------------------
0 0031878747 MORTGAGORS: TORTORICH PAMELA
REGION CODE ADDRESS : 8 NORMANDY ROAD
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72207
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,594.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031878762 MORTGAGORS: NOAD JANICE
REGION CODE ADDRESS : 56 DORNOCH WAY
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.35947
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,671,000.00
P & I AMT: 11,414.80
UPB AMT: 1,670,174.56
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 430
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031878788 MORTGAGORS: KHAN ABDUL
KHAN MUNAZZA
REGION CODE ADDRESS : 1065 SOUTH SUNSTREAM LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 427,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,808.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031878812 MORTGAGORS: MARZAK JESS
MARZAK DEBRA
REGION CODE ADDRESS : 548 47TH AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94121
MORTGAGE AMOUNT : 484,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 484,412.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,266.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031878887 MORTGAGORS: WILLIAMS ANGELA
KAUFMAN STEVEN
REGION CODE ADDRESS : 1757 FUMIA DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 392,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,662.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,542.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98939
-------------------------------------------------------------------
0 0031878929 MORTGAGORS: KELLY THOMAS
KELLY HEATHER
REGION CODE ADDRESS : 232 MARIGOLD STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 321,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,023.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,083.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0031878937 MORTGAGORS: KOITMAA DAVID
KOITMAA LEE ANNA
REGION CODE ADDRESS : 32723 FOLKLORE LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 303,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,207.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.98400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,929,050.00
P & I AMT: 12,745.42
UPB AMT: 1,927,805.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 431
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031879166 MORTGAGORS: GREGO MICHAEL
GREGO MICHELE
REGION CODE ADDRESS : 330 SOUTH OLD RANCH ROAD
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 316,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,215.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.59700
-------------------------------------------------------------------
0 0031879299 MORTGAGORS: GANZ BRIAN
GANZ DEBORAH
REGION CODE ADDRESS : 1071 ELLIS AVE,
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,734.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0031879307 MORTGAGORS: CARDIA FRANK
CARDIA ROSALIND
REGION CODE ADDRESS : 15497 EQUESTRIAN WAY
01 CITY : MONTE SERENO
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 546,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 545,563.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,678.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.86842
-------------------------------------------------------------------
0 0031879331 MORTGAGORS: NOORIAN BEHZAD
REGION CODE ADDRESS : 1880 VETERAN AVENUE #210
01 CITY : LOS ANGELES
STATE/ZIP : CA 90025
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031879448 MORTGAGORS: HOLT IAN
HOLT PAMELA
REGION CODE ADDRESS : 4816 UPPER BRANDON PLACE
01 CITY : MARIETTA
STATE/ZIP : GA 30068
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.47900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,794,800.00
P & I AMT: 12,276.93
UPB AMT: 1,794,097.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 432
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031879539 MORTGAGORS: HONJIYO JOHN
HONJIYO KATHLEEN
REGION CODE ADDRESS : 1009 SOUTH BECKETT COURT
01 CITY : ANAHIEM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,289.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,706.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.07100
-------------------------------------------------------------------
0 0031879596 MORTGAGORS: LATNER BARRY
PINILLA CLAUDIA
REGION CODE ADDRESS : 2056 PEBBLE DRIVE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 522,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 521,592.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,560.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.58900
-------------------------------------------------------------------
0 0031879653 MORTGAGORS: MANGIERI CHRISTOPHER
MANGIERI KATHLEEN
REGION CODE ADDRESS : 117 BLANKET MEADOW ROAD
01 CITY : MONROE
STATE/ZIP : CT 06468
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031879802 MORTGAGORS: DAVIS THOMAS
DAVIS LAUNA
REGION CODE ADDRESS : 9206 OLYMPIC VIEW DRIVE
01 CITY : EDMONDS
STATE/ZIP : WA 98020
MORTGAGE AMOUNT : 250,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 64.01300
-------------------------------------------------------------------
0 0031879968 MORTGAGORS: KAPLAN STUART
KAPLAN JODIE
REGION CODE ADDRESS : 12 CANAVAN CIRCLE
01 CITY : NEEDHAM
STATE/ZIP : MA 02492
MORTGAGE AMOUNT : 438,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 437,642.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,843.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,867,000.00
P & I AMT: 12,503.56
UPB AMT: 1,865,313.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 433
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031880024 MORTGAGORS: HYDE JAMES
HYDE SUSAN
REGION CODE ADDRESS : 9 DOGGETT COURT
01 CITY : BERNARDS
STATE/ZIP : NJ 07920
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,620.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,200.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.61057
-------------------------------------------------------------------
0 0031880073 MORTGAGORS: FOYE RICHARD
FOYE VICTORIA
REGION CODE ADDRESS : 756 JARVIS LANE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 274,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,919.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 64.58800
-------------------------------------------------------------------
0 0031880131 MORTGAGORS: CADET CARLO
CADET TAMARA
REGION CODE ADDRESS : 6 ROSE GLEN DRIVE
01 CITY : ANDOVER
STATE/ZIP : MA 01810
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,630.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031880362 MORTGAGORS: CARVALHO KARL
CARVALHO TINA
REGION CODE ADDRESS : 877 HAO STREET
01 CITY : HONOLULU
STATE/ZIP : HI 96821
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031880404 MORTGAGORS: SIECK WILLIAM
SIECK JODY
REGION CODE ADDRESS : 2305 LINCOLNWOOD DRIVE
01 CITY : EVANSTON,
STATE/ZIP : IL 60201
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,978.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.16500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,579,500.00
P & I AMT: 10,677.53
UPB AMT: 1,578,750.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 434
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031880610 MORTGAGORS: FRIEDLER MINDY
REGION CODE ADDRESS : 317 N.SCOVILLE AVENUE
01 CITY : OAK PARK
STATE/ZIP : IL 60302
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.58400
-------------------------------------------------------------------
0 0031880776 MORTGAGORS: WEBER DOUGLAS
WEBER DIANA
REGION CODE ADDRESS : 2318 BYRON PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92008
MORTGAGE AMOUNT : 352,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,417.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,376.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.97400
-------------------------------------------------------------------
0 0031881139 MORTGAGORS: HARPER K.P.
WICKES MARY
REGION CODE ADDRESS : 7 PASEO CIMA
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 503,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,807.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,432.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031881162 MORTGAGORS: MORGAN LEILA
REGION CODE ADDRESS : 12788 VIA FELINO
01 CITY : DEK NAR
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,366.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,762.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.72900
-------------------------------------------------------------------
0 0031881170 MORTGAGORS: LUMPKIN RICHARD
LUMPKIN LESLIE
REGION CODE ADDRESS : 19216 MASTERSON PLACE
01 CITY : CASTRO VALLEY
STATE/ZIP : CA 94552
MORTGAGE AMOUNT : 278,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,760.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.65300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,928,900.00
P & I AMT: 12,969.51
UPB AMT: 1,927,032.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 435
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031881261 MORTGAGORS: GU XIANGRONG
ZHU DIEYAN
REGION CODE ADDRESS : 32751 FOLKLORE LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 300,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,203.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97902
-------------------------------------------------------------------
0 0031881600 MORTGAGORS: GOO JUDY
IRONS CATHERINE
REGION CODE ADDRESS : 252 NORTH THORA STREET
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,609.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.81400
-------------------------------------------------------------------
0 0031881642 MORTGAGORS: NGUYEN BINH
DAO LIEN
REGION CODE ADDRESS : 4 JAMESTOWN
01 CITY : IRVINE
STATE/ZIP : CA 92729
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,583.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.67700
-------------------------------------------------------------------
0 0031881717 MORTGAGORS: LEW NELSON
LEW MARIA
REGION CODE ADDRESS : 2506 PFEIFFER WAY
01 CITY : PINOLE
STATE/ZIP : CA 94564
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,778.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031881725 MORTGAGORS: PREWETT DAVID
PREWETT LISA
REGION CODE ADDRESS : 55 ERIN DRIVE
01 CITY : TOWNSHIP OF JACKSON
STATE/ZIP : NJ 08527
MORTGAGE AMOUNT : 242,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,469.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,696.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.98800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,349,100.00
P & I AMT: 9,215.66
UPB AMT: 1,347,645.01
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 436
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031881733 MORTGAGORS: WALLACE ARTHUR
WALLACE PATRICIA
REGION CODE ADDRESS : 236 WILLOW ROAD
01 CITY : MENLO PARK
STATE/ZIP : CA 94025
MORTGAGE AMOUNT : 271,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,013.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,829.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 64.64200
-------------------------------------------------------------------
0 0031881758 MORTGAGORS: PEREZ JOSE
PEREZ LYDIA
REGION CODE ADDRESS : 5 CLOVER COURT
01 CITY : TOWNSHIP OF CEDAR GROVE
STATE/ZIP : NJ 07009
MORTGAGE AMOUNT : 270,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,528.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031881808 MORTGAGORS: CAMPANELLA ALFRED
CAMPANELLA CAROLYN
REGION CODE ADDRESS : 12 FIRST AVENUE
01 CITY : BOROUGH OF HADDON HEIGHTS
STATE/ZIP : NJ 08035
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 : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031881840 MORTGAGORS: ALBANESE DEBORAH
HUMMEL THOMAS
REGION CODE ADDRESS : 31 ANGUS LANE
01 CITY : TOWNSHIP OF WARREN
STATE/ZIP : NJ 07059
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031881857 MORTGAGORS: SANGEORZAN JON
KROEMER-SANGEORZAN HENRIKE
REGION CODE ADDRESS : 910 E MITCHELL ST
01 CITY : PETOSKEY
STATE/ZIP : MI 49770
MORTGAGE AMOUNT : 251,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,265.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,632.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 65.93500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,345,950.00
P & I AMT: 8,914.02
UPB AMT: 1,344,133.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 437
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031881865 MORTGAGORS: KLINGHOFFER TEDDY
KLINGHOFFER SHERRI
REGION CODE ADDRESS : 2575 MAYFAIR LANE
01 CITY : WESTON, COUNTY OF BROWARD
STATE/ZIP : FL 33327
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,704.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,145.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 67.00000
-------------------------------------------------------------------
0 0031881873 MORTGAGORS: LEVINE ELLIOT
ZIFF LEVINE LORI
REGION CODE ADDRESS : 13 COACHLIGHT DRIVE
01 CITY : POUGHKEEPSIE
STATE/ZIP : NY 12603
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,568.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,621.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 88.66348
-------------------------------------------------------------------
0 0031881899 MORTGAGORS: BAKER DANIEL
BAKER SHARON
REGION CODE ADDRESS : 10085 PINE MEADOWS
01 CITY : GOODRICH
STATE/ZIP : MI 48438
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,130.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,700.67 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031881915 MORTGAGORS: AKDAG MENDERES
REGION CODE ADDRESS : 7136 N.E. 8TH DRIVE
01 CITY : BOCA RATON
STATE/ZIP : FL 33487
MORTGAGE AMOUNT : 445,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,125.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,926.62 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031881956 MORTGAGORS: GOODMANSON RICHARD
GOODMANSON LISA
REGION CODE ADDRESS : 10655 ALTON COURT
01 CITY : INVER GROVE HEIGHTS
STATE/ZIP : MN 55077
MORTGAGE AMOUNT : 262,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,559.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.98404
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,558,850.00
P & I AMT: 10,253.57
UPB AMT: 1,557,088.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 438
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031882384 MORTGAGORS: SILVA ELIZABETH
REGION CODE ADDRESS : 35 CHOWDERMARCH STREET
01 CITY : MARSHFIELD
STATE/ZIP : MA 02050
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,786.85 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031882525 MORTGAGORS: KOLEK BENJAMIN
KOLEK MARY
REGION CODE ADDRESS : 928 BALDWIN RD.
01 CITY : WOODBRIDGE
STATE/ZIP : CT 06525
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 : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.90300
-------------------------------------------------------------------
0 0031882533 MORTGAGORS: EMERSON JOHN
EMERSON NANCY
REGION CODE ADDRESS : 18325 N ANTLER WAY
01 CITY : EDMOND
STATE/ZIP : OK 73003
MORTGAGE AMOUNT : 297,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,665.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/27
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031882731 MORTGAGORS: WONG GEORGE
WONG NANCY
REGION CODE ADDRESS : 6032 STONEHENGE PLACE
01 CITY : NORTH BETHESDA
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 244,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,014.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031882749 MORTGAGORS: CROW MICHAEL
CROW SHIRLEY
REGION CODE ADDRESS : 10588 BLUEBELL WAY
01 CITY : COCKEYSVILLE
STATE/ZIP : MD 21030
MORTGAGE AMOUNT : 285,351.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,122.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.99900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,429,451.00
P & I AMT: 9,859.33
UPB AMT: 1,428,802.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 439
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031882863 MORTGAGORS: NORRIS WILLIAM
MORELLI GIOVANNA
REGION CODE ADDRESS : 1062 LEWIS CIRCLE
01 CITY : SANTA CRUZ,
STATE/ZIP : CA 95062
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.77777
-------------------------------------------------------------------
0 0031882905 MORTGAGORS: RUBSCHLAGER JENS
HIRAMI NANCY
REGION CODE ADDRESS : 23508 HERITAGE OAK COURT
01 CITY : NEWHALL AREA CITY OF SANT
STATE/ZIP : CA 91321
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,750.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,880.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031882921 MORTGAGORS: ADIB SAEED
MOSTAFAZADEH SHIVA
REGION CODE ADDRESS : 786 CRESTMOOR DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,759.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031882970 MORTGAGORS: DE LEON ALBERT
DE LEON VIRGINIA
REGION CODE ADDRESS : 6774 KINGS HARBOR DRIVE
01 CITY : RANCHO PALOS VERDES
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,752.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 62.83018
-------------------------------------------------------------------
0 0031882988 MORTGAGORS: CHANG TALLIS
CHANG JENNIFER
REGION CODE ADDRESS : 22254 CAIRNLOCK STREET
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 422,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 421,670.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,878.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.45600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,641,000.00
P & I AMT: 11,180.74
UPB AMT: 1,639,715.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 440
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031882996 MORTGAGORS: GOSNEY TIMOTHY
GOSNEY LINDA
REGION CODE ADDRESS : 4902 ALTA CANYADA ROAD
01 CITY : LA CANADA
STATE/ZIP : CA 91011
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,657.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.06896
-------------------------------------------------------------------
0 0031883002 MORTGAGORS: FEIZZADEH ENAYAT
MOGHTADER FARIDEH
REGION CODE ADDRESS : 1609 KALISPELL COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.33900
-------------------------------------------------------------------
0 0031883028 MORTGAGORS: DODD DAVID
DODD JANE
REGION CODE ADDRESS : 3064 BRACKENWOOD PLACE
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 247,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,580.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,733.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.27700
-------------------------------------------------------------------
0 0031883051 MORTGAGORS: COWENS J
COWENS PAMELA
REGION CODE ADDRESS : 23 STARBUCK DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 289,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,318.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,025.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 47.11380
-------------------------------------------------------------------
0 0031883077 MORTGAGORS: EVANOFF KERRY
EVANOFF MARY
REGION CODE ADDRESS : 9421 RUSSELL STREET
01 CITY : LA HABRA AREA
STATE/ZIP : CA 90631
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,632.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,524,700.00
P & I AMT: 10,547.46
UPB AMT: 1,522,956.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 441
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031883085 MORTGAGORS: LIU DAVID
LIU POLENE
REGION CODE ADDRESS : 49 LA PERLA
01 CITY : FOOTHILL RANCH AREA
STATE/ZIP : CA 92610
MORTGAGE AMOUNT : 247,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,812.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.84848
-------------------------------------------------------------------
0 0031883101 MORTGAGORS: BACHNER EVAN
BACHNER LISA
REGION CODE ADDRESS : 24532 HEAVENLY COURT
01 CITY : LOS ANGELES
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,746.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.22900
-------------------------------------------------------------------
0 0031883119 MORTGAGORS: CUEVAS EDUARDO
CUEVAS ELIZABETH
REGION CODE ADDRESS : 260 SUMMERFIELD DRIVE
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 347,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,022.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,339.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0031883127 MORTGAGORS: CHRISTIANSON JOHN
CHRISTIANSON SHARON
REGION CODE ADDRESS : 8403 CLIFFRIDGE LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 584,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 583,544.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,983.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031883168 MORTGAGORS: BECHTOL SHEBA
REGION CODE ADDRESS : 160 MONTCALM STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,611.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,751,300.00
P & I AMT: 11,938.58
UPB AMT: 1,749,737.10
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 442
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031883176 MORTGAGORS: CAMPBELL GRANVILLE
CAMPBELL MARJORIE
REGION CODE ADDRESS : 17324 AVENLEIGH DRIVE
01 CITY : ASHTON
STATE/ZIP : MD 20861
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,404.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
0 0031883200 MORTGAGORS: CHUNG DAVID
CHUNG JULIE
REGION CODE ADDRESS : 5455 VISTA TERRACE LANE
01 CITY : SPARKS
STATE/ZIP : NV 89436
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031883218 MORTGAGORS: CONNER ALLEN
CONNER CAROL
REGION CODE ADDRESS : 1209 NAVLET COURT
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,962.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,896.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.95900
-------------------------------------------------------------------
0 0031883226 MORTGAGORS: HESTER SYLVESTER
REGION CODE ADDRESS : 3040 BIRCHTON STREET
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 256,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,684.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,687.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.97227
-------------------------------------------------------------------
0 0031883259 MORTGAGORS: DELTORO JORGE
DELTORO LORENE
REGION CODE ADDRESS : 925 OLEANDER AVENUE
01 CITY : BAKERSFIELD
STATE/ZIP : CA 93304
MORTGAGE AMOUNT : 780,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 779,421.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,453.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 60.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,148,900.00
P & I AMT: 14,650.38
UPB AMT: 2,146,226.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 443
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031883283 MORTGAGORS: CHEN CHI
CHEN YI
REGION CODE ADDRESS : 1 VICTORIAN HILL
01 CITY : TOWNSHIP OF MANALAPAN
STATE/ZIP : NJ 07726
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,752.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,867.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.84600
-------------------------------------------------------------------
0 0031883309 MORTGAGORS: NEESE DEWEY
NEESE DAWN
REGION CODE ADDRESS : 5760 WINSELY CIRCLE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,708.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,035.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 58.54500
-------------------------------------------------------------------
0 0031883358 MORTGAGORS: VYAS ASUTOSH
VYAS JAGRITI
REGION CODE ADDRESS : 626 CHAMPIONS WAY
01 CITY : MCDONOUGH
STATE/ZIP : GA 30253
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.99170
-------------------------------------------------------------------
0 0031883416 MORTGAGORS: JONASSON AXEL
REGION CODE ADDRESS : 1371 BRIARBERRY LANE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 290,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,343.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,860.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 79.98700
-------------------------------------------------------------------
0 0031883440 MORTGAGORS: ELLIS REBECCA
REGION CODE ADDRESS : 1360 BRIARBERRY LANE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 275,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,868.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,807.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,545,700.00
P & I AMT: 10,001.84
UPB AMT: 1,544,362.56
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 444
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031883465 MORTGAGORS: ROTHMUND HERBERT
ROTHMUND MARY
REGION CODE ADDRESS : 90 ADRIAN DRIVE
01 CITY : HOLLISTER
STATE/ZIP : CA 95023
MORTGAGE AMOUNT : 406,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 405,667.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,701.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.37076
-------------------------------------------------------------------
0 0031883481 MORTGAGORS: BENZA RONALD
REGION CODE ADDRESS : 13 CECILIA COURT
01 CITY : TIBURON
STATE/ZIP : CA 94920
MORTGAGE AMOUNT : 608,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 607,489.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,994.13 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 45.88600
-------------------------------------------------------------------
0 0031883515 MORTGAGORS: ALBERTSEN BOLETTE
REGION CODE ADDRESS : 329 POPLAR STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,341.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.22000
-------------------------------------------------------------------
0 0031883648 MORTGAGORS: DORNIN ESTHER
REGION CODE ADDRESS : 108 HIGHLAND LANE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 287,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,658.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,891.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.25500
-------------------------------------------------------------------
0 0031884182 MORTGAGORS: SEPE MICHAEL
REGION CODE ADDRESS : 19 ROQUEDO
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 307,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,030.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,123.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,948,400.00
P & I AMT: 13,051.78
UPB AMT: 1,946,845.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 445
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031884190 MORTGAGORS: STERN HOWARD
STERN BARBARA
REGION CODE ADDRESS : 13100 WEATHER VANE WAY
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,557.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.93500
-------------------------------------------------------------------
0 0031884331 MORTGAGORS: NEEDHAM CHRISTOPHER
NEEDHAM JANET
REGION CODE ADDRESS : 84 SHADE STREET
01 CITY : LEXINGTON
STATE/ZIP : MA 02421
MORTGAGE AMOUNT : 470,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 470,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,126.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.71300
-------------------------------------------------------------------
0 0031884497 MORTGAGORS: KOYASAKO JASON
KOYASAKO SUSAN
REGION CODE ADDRESS : 7630 NORTHLAND DRIVE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95831
MORTGAGE AMOUNT : 248,987.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,787.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.35500
-------------------------------------------------------------------
0 0031884539 MORTGAGORS: RICHEY WIN
RICHEY EILEEN
REGION CODE ADDRESS : 2761 13TH STREET
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 299,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,154.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.80200
-------------------------------------------------------------------
0 0031884562 MORTGAGORS: WOLSKY ALBERT
MITCHELL JAMES
REGION CODE ADDRESS : 2817 NICHOLS CANYON PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,681.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,783.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 40.80000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,716,387.00
P & I AMT: 11,582.56
UPB AMT: 1,715,181.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 446
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031884596 MORTGAGORS: MERYASH MICHAEL
MERYASH KAREN
REGION CODE ADDRESS : 200 STONEWALL ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94618
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,426.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,162.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 56.52100
-------------------------------------------------------------------
0 0031884604 MORTGAGORS: LAMB THOMAS
LAMB SARA
REGION CODE ADDRESS : 3131 WRANGLER ROAD
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,756.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.72700
-------------------------------------------------------------------
0 0031884612 MORTGAGORS: TEGANO JOSEPH
TEGANO SYLVIA
REGION CODE ADDRESS : 9409 STEEPLEHILL DRIVE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89117
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.71929
-------------------------------------------------------------------
0 0031884638 MORTGAGORS: CURRY RICHARD
CURRY SUSAN
REGION CODE ADDRESS : 46 CHAUCER COURT
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 431,654.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,910.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031884729 MORTGAGORS: KNISLEY LARRY
KNISLEY JUDITH
REGION CODE ADDRESS : 3656 NW BLUEGRASS PLACE
01 CITY : PORTLAND
STATE/ZIP : OR 97229
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,285.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,482.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,144,000.00
P & I AMT: 14,428.27
UPB AMT: 2,141,918.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 447
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031884778 MORTGAGORS: TICKLE JEROME
REGION CODE ADDRESS : 310 SYCAMORE GROVE STREET
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93065
MORTGAGE AMOUNT : 349,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,356.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,296.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99900
-------------------------------------------------------------------
0 0031884802 MORTGAGORS: SU WILLIAM
HAN THERESA
REGION CODE ADDRESS : 2425 ROANOKE ROAD
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,697.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,364.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.58823
-------------------------------------------------------------------
0 0031884828 MORTGAGORS: WECKEL CHARLES
WECKEL NANCY
REGION CODE ADDRESS : 2102 WHYTE PARK AVENUE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94595
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,309.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031884836 MORTGAGORS: TUBBS ROBERT
TUBBS BRITTA
REGION CODE ADDRESS : 17401 CITRONIA STREET
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91325
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 85.71400
-------------------------------------------------------------------
0 0031884877 MORTGAGORS: ANDERSON MARY
REGION CODE ADDRESS : 950 AURA WAY
01 CITY : LOS ALTOS
STATE/ZIP : CA 94024
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 31.74600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,759,650.00
P & I AMT: 11,698.21
UPB AMT: 1,757,858.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 448
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031884919 MORTGAGORS: BISWAS PRASENJIT
BISWAS MITALI
REGION CODE ADDRESS : 20167 PAMPAS CT.
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,663.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,727.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.08547
-------------------------------------------------------------------
0 0031884943 MORTGAGORS: ARMENTA CRAIG
ARMENTA CAROL
REGION CODE ADDRESS : 504 CAMINO DE ENCANTO
01 CITY : TORRANCE
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,677.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,432.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 65.21739
-------------------------------------------------------------------
0 0031884950 MORTGAGORS: KLEIN BRIAN
KLEIN KIMBERLIE
REGION CODE ADDRESS : 11912 SOUTH SKYLINE DRIVE
01 CITY : SANTA ANA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 459,641.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,138.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.40983
-------------------------------------------------------------------
0 0031884992 MORTGAGORS: MITRO THOMAS
MITRO DEANNA
REGION CODE ADDRESS : 26962 ESCONDIDO LANE,
01 CITY : MISSION VIEJO,
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,680.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.85714
-------------------------------------------------------------------
0 0031885023 MORTGAGORS: CONTRERAS EDDIE
CONTRERAS DIANE
REGION CODE ADDRESS : 4262 HELIX DEL SUR
01 CITY : LA MESA
STATE/ZIP : CA 91941
MORTGAGE AMOUNT : 297,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,975.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,922,000.00
P & I AMT: 12,770.30
UPB AMT: 1,920,662.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 449
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031885064 MORTGAGORS: DONAGAN KELLY
REGION CODE ADDRESS : 508 N JUANITA # B,
01 CITY : REDONDO BEACH,
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 306,735.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.74000
-------------------------------------------------------------------
0 0031885106 MORTGAGORS: CRADDOCK CHRISTINE
REGION CODE ADDRESS : 345 HEATHER PLACE
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 44.76584
-------------------------------------------------------------------
0 0031885148 MORTGAGORS: SHULER JOHN
SHULER ROBIN
REGION CODE ADDRESS : 5781 OWL LIGHT TERRACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 355,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,393.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98327
-------------------------------------------------------------------
0 0031885163 MORTGAGORS: RIGO EDGAR
CARPIO MARIA
REGION CODE ADDRESS : 5377 HEAVENLY RIDGE LANE
01 CITY : RICHMOND
STATE/ZIP : CA 94803
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 : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031885353 MORTGAGORS: CHRISTOPHER MICHAEL
REGION CODE ADDRESS : 1737 MEADOWDALE AVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 281,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,827.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.15789
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,609,500.00
P & I AMT: 10,638.37
UPB AMT: 1,608,404.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 450
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031885486 MORTGAGORS: WEIL ROBERT
WEIL MARYA
REGION CODE ADDRESS : 2140 IRIS PLACE
01 CITY : COSTA MESA
STATE/ZIP : CA 92627
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.12500
-------------------------------------------------------------------
0 0031885528 MORTGAGORS: SCHWARTZ DAVID
SCHWARTZ BARBARA
REGION CODE ADDRESS : 5100 RHODA WAY
01 CITY : CULVER CITY
STATE/ZIP : CA 90230
MORTGAGE AMOUNT : 285,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,243.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,020.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 94.99168
-------------------------------------------------------------------
0 0031885551 MORTGAGORS: OSWALD MICHAEL
OSWALD VICKI
REGION CODE ADDRESS : 2312 SAN LEANDRO
01 CITY : TUSTIN
STATE/ZIP : CA 92782
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.57142
-------------------------------------------------------------------
0 0031885585 MORTGAGORS: JONES WILLIE
JONES ELVIA
REGION CODE ADDRESS : 5125 CONGEMI COURT
01 CITY : RANCHO CUCAMONGA
STATE/ZIP : CA 91737
MORTGAGE AMOUNT : 283,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,450.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.95800
-------------------------------------------------------------------
0 0031886005 MORTGAGORS: MEATH BRIAN
MEATH LAUREL
REGION CODE ADDRESS : 14620 255TH LANE SOUTHEAST
01 CITY : ISSAQUAH
STATE/ZIP : WA 98027
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 340,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,348.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,476,900.00
P & I AMT: 10,150.57
UPB AMT: 1,476,238.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 451
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031886153 MORTGAGORS: MALOBLOCKI JOHN
MALOBLOCKI BIRGITTA
REGION CODE ADDRESS : 1705 LOLLIE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,621.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031886179 MORTGAGORS: MALLORY PATRICK
MALLORY LISA
REGION CODE ADDRESS : 1172 VIA VALLE VISTA
01 CITY : ESCONDIDO
STATE/ZIP : CA 92029
MORTGAGE AMOUNT : 288,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,519.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031886187 MORTGAGORS: HOVSEPIAN JOHN
HOVSEPIAN MARIA
REGION CODE ADDRESS : 35 WAYFAIRE
01 CITY : RANCHO SANTA MARGARITA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,587.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031886195 MORTGAGORS: HOMARA HOMAYOON
MOBARHANNIA ZAHRA
REGION CODE ADDRESS : 3319 HENRIETTE COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 94135
MORTGAGE AMOUNT : 485,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 485,230.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,353.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.95900
-------------------------------------------------------------------
0 0031886211 MORTGAGORS: HARRAH DANIEL
HARRAH SANDRA
REGION CODE ADDRESS : 2469 SOUTH 1000 WEST
01 CITY : SYRACUSE
STATE/ZIP : UT 84075
MORTGAGE AMOUNT : 264,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,075.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 88.46100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,556,850.00
P & I AMT: 10,658.96
UPB AMT: 1,555,034.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 452
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031886237 MORTGAGORS: KIM YONGHWAN
YANG HEEKYUNG
REGION CODE ADDRESS : 629 GREYLYN DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,398.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031886252 MORTGAGORS: HEJAZI ALIREZA
KELISHADI FATEMEH
REGION CODE ADDRESS : 18982 ANTIOCH DRIVE
01 CITY : IRVINE
STATE/ZIP : CA 92612
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.49400
-------------------------------------------------------------------
0 0031886260 MORTGAGORS: GRIFFIS SHAWN
REGION CODE ADDRESS : 3220 196TH AVENUE COURT EAST
01 CITY : SUMNER
STATE/ZIP : WA 98390
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,627.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,685.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.53900
-------------------------------------------------------------------
0 0031886286 MORTGAGORS: GEBELE RICHARD
GEBELE SUSAN
REGION CODE ADDRESS : 321 10TH STREET
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.51200
-------------------------------------------------------------------
0 0031886302 MORTGAGORS: FOSTER SANDRA
REGION CODE ADDRESS : 49 CHESTER STREET
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,703.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,796.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.07400
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,546,000.00
P & I AMT: 10,596.01
UPB AMT: 1,543,999.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 453
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031886310 MORTGAGORS: GARLAND RONALD
GARLAND JUDY
REGION CODE ADDRESS : 990 SOUTH 1700 EAST
01 CITY : SALT LAKE CITY
STATE/ZIP : UT 84108
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 : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.61100
-------------------------------------------------------------------
0 0031886435 MORTGAGORS: RAPHAEL GERALD
RAPHAEL ELAINE
REGION CODE ADDRESS : 10356 CLAIRE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91326
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.04500
-------------------------------------------------------------------
0 0031886476 MORTGAGORS: SWEGLE JOHN
SWEGLE JENNIFER
REGION CODE ADDRESS : 1311 STONEY CREEK DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031886559 MORTGAGORS: ROGERS JAMES
ROGERS JUDITH
REGION CODE ADDRESS : 30324 GULF STREAM DRIVE
01 CITY : CANYON LAKE
STATE/ZIP : CA 92587
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,751.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031886617 MORTGAGORS: PETERS CORRIANNE
REGION CODE ADDRESS : 19154 SALT LAKE PLACE
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 287,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,336.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,010.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,495,550.00
P & I AMT: 10,143.52
UPB AMT: 1,494,169.61
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 454
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031886666 MORTGAGORS: KALMBACH JOHN
KALMBACH TIFFANIE
REGION CODE ADDRESS : 457 MOUNTAIN AVENUE,
01 CITY : PIEDMONT,
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 427,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 426,899.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,842.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.81700
-------------------------------------------------------------------
0 0031886732 MORTGAGORS: GONZALEZ ENRIQUE
GONZALEZ LYDIA
REGION CODE ADDRESS : 24009 SKYLINE
01 CITY : MISSION VIEJO,
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,636.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,953.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031886815 MORTGAGORS: BARAJAS MARC
BARAJAS FILOMENA
REGION CODE ADDRESS : 7633 BUCKEYE COURT
01 CITY : DUBLIN
STATE/ZIP : CA 94568
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,510.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,347.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.50400
-------------------------------------------------------------------
0 0031886864 MORTGAGORS: LINK JERYL
REGION CODE ADDRESS : 3548 ROLPH WAY
01 CITY : EL DORADO HILLS
STATE/ZIP : CA 95762
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,791.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.76100
-------------------------------------------------------------------
0 0031886922 MORTGAGORS: CLARK RICHARD
REGION CODE ADDRESS : 591 CROCKER ROAD
01 CITY : SACRAMENTO
STATE/ZIP : CA 95864
MORTGAGE AMOUNT : 570,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 569,532.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,792.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,061,050.00
P & I AMT: 13,757.28
UPB AMT: 2,059,371.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 455
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031886948 MORTGAGORS: HOWARD WILLIAM
HOWARD LISA
REGION CODE ADDRESS : 212 WEST AVENIDA CORDOBA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.54500
-------------------------------------------------------------------
0 0031886955 MORTGAGORS: SPONSELLER ARTHUR
SPONSELLER JOYCE
REGION CODE ADDRESS : 8200 HEGSETH COURT
01 CITY : FAIR OAKS
STATE/ZIP : CA 95628
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,760.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,674.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 67.08800
-------------------------------------------------------------------
0 0031886963 MORTGAGORS: PELEG YORAM
REGION CODE ADDRESS : 81 BLACKSTONE DRIVE
01 CITY : SAN RAFAEL
STATE/ZIP : CA 94903
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,794.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,864.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.97200
-------------------------------------------------------------------
0 0031886989 MORTGAGORS: CLARK DOUGLAS
CLARK MARY
REGION CODE ADDRESS : 163 CREST VIEW DRIVE
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,449.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,401.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.68800
-------------------------------------------------------------------
0 0031887011 MORTGAGORS: SINGER DAVID
SINGER ELIZABETH
REGION CODE ADDRESS : 9731 BAY HILL DRIVE
01 CITY : LONE TREE
STATE/ZIP : CO 80124
MORTGAGE AMOUNT : 397,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,731.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,710.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,634,300.00
P & I AMT: 10,921.48
UPB AMT: 1,631,434.25
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 456
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031887193 MORTGAGORS: BISMONTE ALFREDO
BISMONTE MARIA
REGION CODE ADDRESS : 1448 FLOYD AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,712.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,712.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031887441 MORTGAGORS: LOUGEE DAVID
REGION CODE ADDRESS : 5817 145TH PLACE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 348,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,286.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031887821 MORTGAGORS: SHARMA ASHOK
SHARMA NEENA
REGION CODE ADDRESS : 10312 CONISTON COURT
01 CITY : POTOMAC
STATE/ZIP : MD 20854
MORTGAGE AMOUNT : 490,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 489,907.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,303.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99673
-------------------------------------------------------------------
0 0031887839 MORTGAGORS: NAPOLI PAUL
NAPOLI KAREN
REGION CODE ADDRESS : 22123 CRESTMOOR ROAD
01 CITY : GOLDEN
STATE/ZIP : CO 80401
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,748.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031887920 MORTGAGORS: SILVA WILLIAM
REGION CODE ADDRESS : 3310 FAIRWAY DRIVE
01 CITY : SOQUEL
STATE/ZIP : CA 95073
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,582.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.31325
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,771,300.00
P & I AMT: 11,878.88
UPB AMT: 1,769,951.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 457
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031887961 MORTGAGORS: SHEFF DONALD
BELL-SHEFF CATHERINE
REGION CODE ADDRESS : 811 SPRING DRIVE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.76635
-------------------------------------------------------------------
0 0031887987 MORTGAGORS: RICHTER STEVEN
RICHTER CAROL
REGION CODE ADDRESS : 1134 BARCELONA DRIVE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92107
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,374.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,936.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888043 MORTGAGORS: PRICE STEVEN
LEONG CAROLIN
REGION CODE ADDRESS : 2442 ROUNDHILL DRIVE
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 533,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 533,173.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,594.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888118 MORTGAGORS: SEQUEIRA EUGENE
SEQUEIRA BARBARA
REGION CODE ADDRESS : 4015 SAINT JOHNSWOOD DRIVE
01 CITY : WOODLAND HILLS AREA
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 307,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,260.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031888126 MORTGAGORS: PLOOG HOLLI
CAMPBELL BERTRAND
REGION CODE ADDRESS : NHN SPRING DRIVE
01 CITY : DEER HARBOR
STATE/ZIP : WA 98243
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.94936
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,961,100.00
P & I AMT: 13,379.23
UPB AMT: 1,959,014.77
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 458
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888167 MORTGAGORS: POWELL HERSCHEL
POWELL LINDA
REGION CODE ADDRESS : 25042 TRAILVIEW TERRACE
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,550.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888175 MORTGAGORS: PATTERSON RUSSELL
PATTERSON JUDY
REGION CODE ADDRESS : 131 LOMA LINDA COURT
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,753.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888183 MORTGAGORS: PEARSON BOB
REGION CODE ADDRESS : 2451 WALDEMAR STREET
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 464,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,255.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,126.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.24637
-------------------------------------------------------------------
0 0031888209 MORTGAGORS: MASTON DARRELL
MASTON TERRY
REGION CODE ADDRESS : 10748 ARTRUDE STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91040
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888241 MORTGAGORS: NASTASI PHILIP
NASTASI ANNE
REGION CODE ADDRESS : 9346 ENCINO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91325
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,723.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,421.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.87341
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,683,000.00
P & I AMT: 11,423.65
UPB AMT: 1,681,075.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 459
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888340 MORTGAGORS: HARTMAN PATRICIA
REGION CODE ADDRESS : 11812 AMERICAN BAR COURT
01 CITY : GOLD RIVER
STATE/ZIP : CA 95670
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,780.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.68116
-------------------------------------------------------------------
0 0031888456 MORTGAGORS: VERGARA ERNESTO
VERGARA THERESA
REGION CODE ADDRESS : 2291 PINARD ST
01 CITY : MILPITAS
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,718.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888472 MORTGAGORS: ROSEVEAR BRYAN
KIDD KATRINA
REGION CODE ADDRESS : 1321 GLEN EYRIE AVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888514 MORTGAGORS: NATALE PAUL
NATALE MARY
REGION CODE ADDRESS : 4095 CASSIA LANE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 444,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 443,617.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,879.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 56.92300
-------------------------------------------------------------------
0 0031888522 MORTGAGORS: TRAVIS JEFF
TRAVIS VANESSA
REGION CODE ADDRESS : 1040 CATALINA AVENUE
01 CITY : SEAL BEACH
STATE/ZIP : CA 90740
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,646,000.00
P & I AMT: 10,848.27
UPB AMT: 1,644,625.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 460
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888530 MORTGAGORS: DICKIE WILLIAM
DICKIE CHRISTY
REGION CODE ADDRESS : 14 PRESTWICK WAY
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,655.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,794.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.36300
-------------------------------------------------------------------
0 0031888563 MORTGAGORS: ROHRER ROSS
REGION CODE ADDRESS : 3507 DOVER DRIVE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95065
MORTGAGE AMOUNT : 297,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,250.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031888597 MORTGAGORS: GOLD ROBERT
GOLD VICKY
REGION CODE ADDRESS : 2384 GILLINGHAM CIRCLE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,571.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,997.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.08000
-------------------------------------------------------------------
0 0031888613 MORTGAGORS: BRENNAN THOMAS
BRENNEN MAUREEN
REGION CODE ADDRESS : 17531 PUTNEY CIRCLE
01 CITY : HUNTINGTON
STATE/ZIP : CA 92649
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 60.43900
-------------------------------------------------------------------
0 0031888688 MORTGAGORS: BEAN DANN
REGION CODE ADDRESS : 622 19TH STREET
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,777.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.43800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,605,300.00
P & I AMT: 10,682.44
UPB AMT: 1,603,984.22
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 461
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888696 MORTGAGORS: NEJADRASOOL ABBAS
NEJADRASOOL MARYAM
REGION CODE ADDRESS : 5183 SELINDA WAY
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.16900
-------------------------------------------------------------------
0 0031888712 MORTGAGORS: ZEA MARK
ZEA ALISSA
REGION CODE ADDRESS : 19853 OWL CREEK WAY
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,782.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.50000
-------------------------------------------------------------------
0 0031888720 MORTGAGORS: WIRA RICHARD
WIRA YVETTE
REGION CODE ADDRESS : 5050 CLIFF PLACE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92116
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888738 MORTGAGORS: ZANARDI JOSEPH
ZANARDI ELIZABETH
REGION CODE ADDRESS : 679 NORTH SANTA CRUZ AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95030
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 547,678.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,613.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 40.00000
-------------------------------------------------------------------
0 0031888746 MORTGAGORS: TREVARTHEN CLARE
REGION CODE ADDRESS : 1180 HAZEL AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 344,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,512.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,464.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.97849
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,836,000.00
P & I AMT: 12,396.74
UPB AMT: 1,832,430.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 462
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888753 MORTGAGORS: LEBLANC TONY
LEBLANC PAMELA
REGION CODE ADDRESS : 1212 RINCON MEADOWS COURT
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 322,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,496.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,196.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888779 MORTGAGORS: HIKAWA ANDY
HIKAWA BETTY
REGION CODE ADDRESS : 8644 EAST SUNNYWALK LANE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 312,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 312,593.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99200
-------------------------------------------------------------------
0 0031888795 MORTGAGORS: ST. JAMES CATHERINE
REGION CODE ADDRESS : 1064 ORO STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,551.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.88405
-------------------------------------------------------------------
0 0031888845 MORTGAGORS: TURNQUEST PAUL
REGION CODE ADDRESS : 5809 CHAMBERTIN DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 338,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,122.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888878 MORTGAGORS: ZANARDI JOSEPH
ZANARDI ELIZABETH
REGION CODE ADDRESS : 125 21ST AVENUE
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 597,999.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,991.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.74082
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,821,250.00
P & I AMT: 12,234.07
UPB AMT: 1,816,763.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 463
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888886 MORTGAGORS: FREY SALLY
REGION CODE ADDRESS : 3216 CALLE GRANDE VISTA
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,416.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888902 MORTGAGORS: YAEGER PATRICIA
REGION CODE ADDRESS : 6515 116TH AVENUE NORTHEAST
01 CITY : KIRKLAND
STATE/ZIP : WA 98033
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,583.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031888910 MORTGAGORS: DRUCTOR WILLIAM
DRUCTOR JACQUELINE
REGION CODE ADDRESS : 777 QUAIL OAKS ROAD
01 CITY : VALLEY SPRINGS
STATE/ZIP : CA 95252
MORTGAGE AMOUNT : 270,366.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,983.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,936.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0031888928 MORTGAGORS: REYNOLDS DONALD
REYNOLDS KAREN
REGION CODE ADDRESS : 14177 SHADY BEACH TRAIL
01 CITY : PRIOR LAKE
STATE/ZIP : MN 55372
MORTGAGE AMOUNT : 288,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,120.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888969 MORTGAGORS: WOODS LEONARD
WOODS DONNA
REGION CODE ADDRESS : 3102 KIPLING PLACE
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,595.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,830.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.57900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,352,166.00
P & I AMT: 9,386.96
UPB AMT: 1,349,697.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 464
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031888977 MORTGAGORS: KEESLING JEANETTE
MORETTI PATRICIA
REGION CODE ADDRESS : 300 BUCKLEIN WAY
01 CITY : FELTON,
STATE/ZIP : CA 95018
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031888993 MORTGAGORS: ADAMS NANCY
ADAMS JOHN
REGION CODE ADDRESS : 19 DORIAN
01 CITY : NEWPORT COAST
STATE/ZIP : CA 92657
MORTGAGE AMOUNT : 447,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,444.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,126.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031889009 MORTGAGORS: KASHNIG WILLIAM
REGION CODE ADDRESS : 1039 EAST COOPER AVENUE, UNIT 31
01 CITY : ASPEN
STATE/ZIP : CO 81611
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,395.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031889017 MORTGAGORS: MAHAN THOMAS
MAHAN ANNE
REGION CODE ADDRESS : 44 LANCANSHIRE DRIVE
01 CITY : MANSFIELD
STATE/ZIP : MA 02048
MORTGAGE AMOUNT : 333,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,003.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,331.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 63.64503
-------------------------------------------------------------------
0 0031889025 MORTGAGORS: LOCKHART THOMAS
LOCKHART PATRICIA
REGION CODE ADDRESS : 1030 CHERRYWOOD LANE
01 CITY : WEST CHICAGO
STATE/ZIP : IL 60185
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 : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,633,200.00
P & I AMT: 11,365.06
UPB AMT: 1,629,505.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 465
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031889041 MORTGAGORS: WEI BENJAMIN
WEI JENNIFER
REGION CODE ADDRESS : 2235 MELVILLE DRIVE
01 CITY : SAN MARINO
STATE/ZIP : CA 91108
MORTGAGE AMOUNT : 556,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 555,621.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,890.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.55600
-------------------------------------------------------------------
0 0031889306 MORTGAGORS: ROPP MELVIN
ROPP CRYSTAL
REGION CODE ADDRESS : 5702 GLEN HEATHER DR
01 CITY : DALLAS
STATE/ZIP : TX 75252
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031889496 MORTGAGORS: MARUYAMA STEVEN
MARUYAMA LEONA
REGION CODE ADDRESS : 1238 HONOKAHUA STREET
01 CITY : HONOLULU
STATE/ZIP : HI 96825
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.70 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 74.57100
-------------------------------------------------------------------
0 0031889587 MORTGAGORS: DIAMOND ROBERT
GERSTEIN ILENE
REGION CODE ADDRESS : 10 RANCH PLACE
01 CITY : MERRICK
STATE/ZIP : NY 11566
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.29400
-------------------------------------------------------------------
0 0031889769 MORTGAGORS: BOUTON THOMAS
BOUTON ANDREA
REGION CODE ADDRESS : 1556 IRVING AVENUE,
01 CITY : GLENDALE,
STATE/ZIP : CA 91201
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,783.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.75600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,611,450.00
P & I AMT: 11,025.40
UPB AMT: 1,610,405.38
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 466
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031889777 MORTGAGORS: BUETTNER FREDERICK
BUETTNER HAYLEY
REGION CODE ADDRESS : 1150 NORTH HIGHLAND DRIVE
01 CITY : PORTERVILLE
STATE/ZIP : CA 93257
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,786.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,608.53 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031889785 MORTGAGORS: SHELBY BEVERLY
REGION CODE ADDRESS : 1762 11TH AVENUE,
01 CITY : SAN FRANCISCO,
STATE/ZIP : CA 94122
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,782.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,640.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 64.87100
-------------------------------------------------------------------
0 0031889793 MORTGAGORS: EISBERG ARTHUR
EISBERG LYNN
REGION CODE ADDRESS : 233 WYNDHAM DRIVE
01 CITY : PORTOLA VALLEY
STATE/ZIP : CA 94028
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 524,558.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,448.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.18100
-------------------------------------------------------------------
0 0031889801 MORTGAGORS: MAGNARELLI LUCIO
MAGNARELLI RESTITUTA
REGION CODE ADDRESS : 283 77TH STREET
01 CITY : AVALON
STATE/ZIP : NJ 08202
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.99400
-------------------------------------------------------------------
0 0031889819 MORTGAGORS: HERNDON ROBERT
HERNDON CAROL
REGION CODE ADDRESS : 7665 MARLBOROUGH COURT
01 CITY : WEST HILLS (AREA)
STATE/ZIP : CA 91304
MORTGAGE AMOUNT : 272,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,153.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,721.75 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,578,400.00
P & I AMT: 10,330.21
UPB AMT: 1,577,281.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 467
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031889827 MORTGAGORS: BAJOREK RONALD
BAJOREK MARGARET
REGION CODE ADDRESS : 2837 OLD PLANK ROAD
01 CITY : MILFORD
STATE/ZIP : MI 48381
MORTGAGE AMOUNT : 242,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,639.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.06400
-------------------------------------------------------------------
0 0031889843 MORTGAGORS: MODISTE SIDNEY
YOUNGBERG PATTI
REGION CODE ADDRESS : 6542 EATON COURT
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 322,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,648.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.75600
-------------------------------------------------------------------
0 0031889918 MORTGAGORS: CLARK GARY
CLARK LISA
REGION CODE ADDRESS : 25102 SUMMERHILL LANE
01 CITY : NEWHALL
STATE/ZIP : CA 91381
MORTGAGE AMOUNT : 267,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,919.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.98800
-------------------------------------------------------------------
0 0031889934 MORTGAGORS: RYBACK KENNETH
REGION CODE ADDRESS : 5450 FOREST COVE LANE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,285.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,618.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.30500
-------------------------------------------------------------------
0 0031889967 MORTGAGORS: GALER SCOTT
GALER STACY
REGION CODE ADDRESS : 32494 TIMBERRIDGE COURT
01 CITY : WESTLAKE VILLAGE
STATE/ZIP : CA 91361
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.19000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,481,550.00
P & I AMT: 9,974.55
UPB AMT: 1,480,180.92
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 468
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890049 MORTGAGORS: ZOIS MICHAEL
ZOIS MARY
REGION CODE ADDRESS : 659 RICHARD AVENUE
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93109
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,680.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,496.33 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 52.05479
-------------------------------------------------------------------
0 0031890056 MORTGAGORS: KARPENKO VICTOR
KARPENKO DEBORAH
REGION CODE ADDRESS : 140 ROSS WAY
01 CITY : SAN BRUNO
STATE/ZIP : CA 94066
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,779.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,158.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 90.23600
-------------------------------------------------------------------
0 0031890072 MORTGAGORS: ADDARIO DONNA
REGION CODE ADDRESS : 920 BAJADA COURT
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,725.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.42105
-------------------------------------------------------------------
0 0031890080 MORTGAGORS: OSUNA RICHARD
OSUNA SUZANNE
REGION CODE ADDRESS : 9 SUNNYDALE LANE
01 CITY : LAS FLORES AREA
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 279,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,907.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.83842
-------------------------------------------------------------------
0 0031890098 MORTGAGORS: HUMPHRIES CURT
HUMPHRIES ALISON
REGION CODE ADDRESS : 19969 GARNETT COURT,
01 CITY : SARATOGA,
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,483.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,891.59 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.15700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,889,100.00
P & I AMT: 12,705.39
UPB AMT: 1,887,577.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 469
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890114 MORTGAGORS: WEBB WILLIAM
WEBB LANA
REGION CODE ADDRESS : 5316 MOHAVE DRIVE,
01 CITY : SIMI VALLEY,
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,805.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,768.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031890122 MORTGAGORS: LIU DEZHONG
HUANG LINGFANG
REGION CODE ADDRESS : 3573 GENEVA DRIVE,
01 CITY : SANTA CLARA,
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,186.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031890130 MORTGAGORS: LING SHUICHEUNG
LING ROWENA
REGION CODE ADDRESS : 280 SEA VIEW COURT
01 CITY : ENCITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,690.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,328.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 68.51100
-------------------------------------------------------------------
0 0031890148 MORTGAGORS: FORD DON
FORD EILEEN
REGION CODE ADDRESS : 5305 VIA ANGELINA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.58800
-------------------------------------------------------------------
0 0031890155 MORTGAGORS: GRANGER LANCE
GRANGER GAIL
REGION CODE ADDRESS : 64 MOORE STREET
01 CITY : CHELMSFORD
STATE/ZIP : MA 01824
MORTGAGE AMOUNT : 252,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,856.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,422,200.00
P & I AMT: 9,775.16
UPB AMT: 1,420,286.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 470
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890171 MORTGAGORS: HOM MATTHEW
HOM SUSAN
REGION CODE ADDRESS : 11 CHRISTAMON EAST
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 278,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,527.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.27000
-------------------------------------------------------------------
0 0031890189 MORTGAGORS: CARTER MARVIN
CARTER JOSEPHINE
REGION CODE ADDRESS : 1514 MILLER AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95129
MORTGAGE AMOUNT : 331,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,006.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,317.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 49.47761
-------------------------------------------------------------------
0 0031890197 MORTGAGORS: TRAVLOS ROBERT
REGION CODE ADDRESS : 9152 EL VERANO WAY
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 242,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,070.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,612.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0031890205 MORTGAGORS: RITTENHOUSE DENNIS
RITTENHOUSE SHERRILL
REGION CODE ADDRESS : 215 CYNTHIA LANE
01 CITY : LEBANON
STATE/ZIP : IL 62254
MORTGAGE AMOUNT : 285,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,997.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031890221 MORTGAGORS: NEWSHAM DAVID
NEWSHAM PATRICIA
REGION CODE ADDRESS : 1126 VISTA RIDGE
01 CITY : BURBANK
STATE/ZIP : CA 91504
MORTGAGE AMOUNT : 384,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 383,855.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,753.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 78.44898
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,050.00
P & I AMT: 10,626.33
UPB AMT: 1,519,458.31
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 471
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890247 MORTGAGORS: FAUTT MARY
FAUTT MICHAEL
REGION CODE ADDRESS : 6300 SNOWBERRY COURT
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,623.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.75800
-------------------------------------------------------------------
0 0031890254 MORTGAGORS: ALOSCO LOUIS
ALOSCO ANA
REGION CODE ADDRESS : 80 BEARDSLEY ROAD
01 CITY : NEW MILFORD
STATE/ZIP : CT 06776
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,233.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,643.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 74.85100
-------------------------------------------------------------------
0 0031890262 MORTGAGORS: WILKINS ALFRED
WILKINS KATHLEEN
REGION CODE ADDRESS : 4005 WINTER SWEET COURT
01 CITY : ROCKVILLE
STATE/ZIP : MD 20853
MORTGAGE AMOUNT : 350,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,398.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,274.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031890270 MORTGAGORS: SCHNEIDER MICHAEL
REGION CODE ADDRESS : 5566 COYOTE RIDGE
01 CITY : AVON
STATE/ZIP : CO 81620
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,740.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,447.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 36.84200
-------------------------------------------------------------------
0 0031890296 MORTGAGORS: GREEN GORDON
GREEN NANCY
REGION CODE ADDRESS : 501 PENDLETON STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,744.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,075.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.65000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,700.00
P & I AMT: 11,286.60
UPB AMT: 1,652,739.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 472
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890304 MORTGAGORS: NASIATKA JOSEPH
NASIATKA ROSE
REGION CODE ADDRESS : 26472 ESTEBAN
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 254,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,130.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,801.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.30700
-------------------------------------------------------------------
0 0031890338 MORTGAGORS: REZAIAN ABDOLREZA
REGION CODE ADDRESS : 6201 GOLDSBORO ROAD
01 CITY : BETHESDA
STATE/ZIP : MD 20817
MORTGAGE AMOUNT : 291,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,465.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98356
-------------------------------------------------------------------
0 0031890346 MORTGAGORS: PELICHOWSKI DAVID
PELICHOWSKI DEBRA
REGION CODE ADDRESS : 22 BLUE JAY DRIVE
01 CITY : ALISO VIEJO AREA
STATE/ZIP : CA 92656
MORTGAGE AMOUNT : 287,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,082.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,034.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.71700
-------------------------------------------------------------------
0 0031890387 MORTGAGORS: FELLOW F
FELLOW JAN
REGION CODE ADDRESS : 15860 WENNER FARM LANE
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,751.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031890395 MORTGAGORS: MATTHEWS ROBERT
MATTHEWS SUSAN
REGION CODE ADDRESS : 7901 FROST CRYSTAL COURT
01 CITY : FAIRFAX STATION
STATE/ZIP : VA 22039
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,741.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,945.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 51.02000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,429,900.00
P & I AMT: 9,767.57
UPB AMT: 1,428,171.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 473
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031890460 MORTGAGORS: SPENCER ROSS
SPENCER FRANCES
REGION CODE ADDRESS : 109 NORTH HAMAN ROAD
01 CITY : INVERNESS
STATE/ZIP : IL 60067
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,310.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031890478 MORTGAGORS: HOBBS STEPHEN
HOBBS JULIE
REGION CODE ADDRESS : 1 CHAMPAGNOLLE COURT,
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72211
MORTGAGE AMOUNT : 313,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 313,223.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,007.38 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0031890718 MORTGAGORS: PARENTI PAUL
PARENTI KATHERINE
REGION CODE ADDRESS : 710 LA HONDA COURT
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 307,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 61.89500
-------------------------------------------------------------------
0 0031890726 MORTGAGORS: HUBLEY NOLAND
HUBLEY GEORGIA
REGION CODE ADDRESS : 3850 RIO ROAD #75
01 CITY : CARMEL
STATE/ZIP : CA 93923
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,242.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,800.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.85600
-------------------------------------------------------------------
0 0031891252 MORTGAGORS: BURGER ROBERT
BURGER MARIELLEN
REGION CODE ADDRESS : 5030 GROSVENOR CIRCLE
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 423,579.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,240.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,853.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.71500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,634,479.00
P & I AMT: 11,092.68
UPB AMT: 1,632,106.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 474
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031891278 MORTGAGORS: DOLAN JAMES
DOLAN PHYLLIS
REGION CODE ADDRESS : 593 LOWELL STREET
01 CITY : LYNNFIELD
STATE/ZIP : MA 01940
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,354.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031891310 MORTGAGORS: CULBERTSON KEVIN
CULBERTSON MICHELE
REGION CODE ADDRESS : 10 MONDANO
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 398,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 397,067.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,720.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.96100
-------------------------------------------------------------------
0 0031891344 MORTGAGORS: KING MARNEL
LYNCH PATRICIA
REGION CODE ADDRESS : 1670 WESTMONT AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,713.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 77.38000
-------------------------------------------------------------------
0 0031891369 MORTGAGORS: TRIM DAVID
REGION CODE ADDRESS : 3473 GREENWOOD AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 305,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,622.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,081.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031891401 MORTGAGORS: AWAD SAMMY
AWAD TRACEY
REGION CODE ADDRESS : 3367 & 3369 PIERCE STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94123
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,590.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,205.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 58.44300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,804,900.00
P & I AMT: 12,102.40
UPB AMT: 1,801,348.49
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 475
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031891419 MORTGAGORS: TYZACK JILL
BEERS SUE
REGION CODE ADDRESS : 173-175 WINCHESTER STREET, UNIT #1
01 CITY : BROOKLINE
STATE/ZIP : MA 02446
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,574.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,926.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.53800
-------------------------------------------------------------------
0 0031891468 MORTGAGORS: VACCARO JOSEPH
VACCARO KIERNAN
REGION CODE ADDRESS : 1435 CALLE CHRISTOPHER
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,383.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,862.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
0 0031891476 MORTGAGORS: HEIDT THOMAS
REGION CODE ADDRESS : 5244 PESTO WAY
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 340,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,667.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031891484 MORTGAGORS: CONN RUSSELL
CONN MARGARET
REGION CODE ADDRESS : 28562 BIG SPRINGS ROAD
01 CITY : TRABUCO CANYON
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,288.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 84.99200
-------------------------------------------------------------------
0 0031891542 MORTGAGORS: KERSTON SIDNEY
KERSTON JULIA
REGION CODE ADDRESS : 6257 MEADOWSTONE DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95409
MORTGAGE AMOUNT : 352,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,517.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,376.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,522,500.00
P & I AMT: 10,403.61
UPB AMT: 1,520,431.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 476
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031891559 MORTGAGORS: BAUER GREG
MOLLERUS THOMAS
REGION CODE ADDRESS : 11298 CHALET ROAD
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 329,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,355.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
0 0031891872 MORTGAGORS: WALKER JOHN
WALKER DEBRA
REGION CODE ADDRESS : 7998 BONNIE BRIAR LOOP
01 CITY : GAINSVILLE
STATE/ZIP : VA 20155
MORTGAGE AMOUNT : 364,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 364,086.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,363.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031891914 MORTGAGORS: RESES STEPHEN
RESES NAOMI
REGION CODE ADDRESS : 5 CREEKVIEW TERRACE
01 CITY : LAFAYETTE HILL
STATE/ZIP : PA 19444
MORTGAGE AMOUNT : 271,056.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,804.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 64.98500
-------------------------------------------------------------------
0 0031892037 MORTGAGORS: NEUFELD DEAN
REGION CODE ADDRESS : 1669 PARKSIDE AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,806.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.50600
-------------------------------------------------------------------
0 0031892045 MORTGAGORS: NEWBERRY RAYMOND
NEWBERRY NANCY
REGION CODE ADDRESS : 11087 SE 119TH COURT
01 CITY : CLACKAMAS
STATE/ZIP : OR 97015
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,762.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,530,056.00
P & I AMT: 10,257.93
UPB AMT: 1,528,815.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 477
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031892052 MORTGAGORS: FIELDS TODD
FIELDS WENDY
REGION CODE ADDRESS : 15 VIA ARRIBO
01 CITY : RANCHO SANTA MARGARITA AR
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 307,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,054.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,070.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.98830
-------------------------------------------------------------------
0 0031892177 MORTGAGORS: MATOLKA SCOTT
SCOTT SHARON
REGION CODE ADDRESS : 88 CHUCKANUTT DRIVE
01 CITY : OAKLAND BOROUGH
STATE/ZIP : NJ 07436
MORTGAGE AMOUNT : 290,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,834.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,955.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99448
-------------------------------------------------------------------
0 0031892193 MORTGAGORS: HAN JINING
LEI XIAOJIAN
REGION CODE ADDRESS : 44 MIDVALE DRIVE
01 CITY : NEW PROVIDENCE BOROUGH
STATE/ZIP : NJ 07974
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.30864
-------------------------------------------------------------------
0 0031892201 MORTGAGORS: FINE ANDREW
REGION CODE ADDRESS : 963 ROLLING WOODS WAY
01 CITY : CONCORD
STATE/ZIP : CA 94521
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031892326 MORTGAGORS: BERENS HOWARD
ANDERSON VICKY
REGION CODE ADDRESS : 347 CABOT STREET
01 CITY : NEWTON
STATE/ZIP : MA 02460
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 290,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,027.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 53.70300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,492,600.00
P & I AMT: 10,105.31
UPB AMT: 1,491,650.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 478
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031892359 MORTGAGORS: CROMWELL RICHARD
CROMWELL SANDRA
REGION CODE ADDRESS : 66959 RAYO DEL SOL
01 CITY : DESERT HOT SPRINGS
STATE/ZIP : CA 92240
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,705.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 45.53100
-------------------------------------------------------------------
0 0031892383 MORTGAGORS: FISCELLA JOHN
FISCELLA TRACY
REGION CODE ADDRESS : 23821 CHADSFORD DRIVE
01 CITY : VALENCIA
STATE/ZIP : CA 91354
MORTGAGE AMOUNT : 302,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,739.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,958.77 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 91.51500
-------------------------------------------------------------------
0 0031892433 MORTGAGORS: LAJOIE MICHAEL
LAJOIE TERESA
REGION CODE ADDRESS : 5017 MAMMOTH AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,275.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.51900
-------------------------------------------------------------------
0 0031892458 MORTGAGORS: HABIB AMIR
HABIB NAIMA
REGION CODE ADDRESS : 1906 RANCHO WINCHESTER LANE
01 CITY : EL CAJON
STATE/ZIP : CA 92019
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,600.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.01100
-------------------------------------------------------------------
0 0031892623 MORTGAGORS: LAWRENCE PAUL
LAWRENCE RACHELLE
REGION CODE ADDRESS : 2986 HADDINGTON DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90064
MORTGAGE AMOUNT : 636,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 635,029.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,392.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.82353
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,877,000.00
P & I AMT: 12,753.99
UPB AMT: 1,874,351.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 479
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031892656 MORTGAGORS: ALWEISS ALAN
ALWEISS LINDA
REGION CODE ADDRESS : 1041 GARRIDO DRIVE
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,409.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031892763 MORTGAGORS: INOUYE GARY
INOUYE KAREN
REGION CODE ADDRESS : 5827 ALLOTT AVENUE
01 CITY : VAN NUYS
STATE/ZIP : CA 91401
MORTGAGE AMOUNT : 243,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,725.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031892904 MORTGAGORS: PAKIZ J.
PAKIZ THERESA
REGION CODE ADDRESS : 10605 EQUESTRIAN DRIVE
01 CITY : SANTA ANA AREA
STATE/ZIP : CA 92705
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,655.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.76600
-------------------------------------------------------------------
0 0031893076 MORTGAGORS: PATTERSON F
PATTERSON LAUREN
REGION CODE ADDRESS : 28 WOODSIDE WAY
01 CITY : ROSS
STATE/ZIP : CA 94957
MORTGAGE AMOUNT : 361,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 361,396.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,376.11 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.22100
-------------------------------------------------------------------
0 0031893084 MORTGAGORS: REIDY TIMOTHY
REIDY CYNTHIA
REGION CODE ADDRESS : 4011 LOS ARABIS DRIVE
01 CITY : LAFAYETTE
STATE/ZIP : CA 94549
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,591.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,080.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.86800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,848,450.00
P & I AMT: 12,255.88
UPB AMT: 1,846,802.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 480
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893092 MORTGAGORS: GANNON MICHAEL
GANNON THERESA
REGION CODE ADDRESS : 3700 BURNSIDE ROAD
01 CITY : SEBASTOPOL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,667.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,413.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 66.37324
-------------------------------------------------------------------
0 0031893100 MORTGAGORS: BUTT PETER
BUTT JULIE
REGION CODE ADDRESS : 106 GOLDEN HIND PASSAGE
01 CITY : CORTE MADERA
STATE/ZIP : CA 94925
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,710.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,179.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 77.59800
-------------------------------------------------------------------
0 0031893118 MORTGAGORS: HEATH GERALD
HEATH CYNTHIA
REGION CODE ADDRESS : 110 KADEN DRIVE
01 CITY : NOVATO
STATE/ZIP : CA 94947
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,383.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.25 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893126 MORTGAGORS: MACDONALD DONA
BOYD STEPHEN
REGION CODE ADDRESS : 3507 46TH AVENUE NE
01 CITY : SEATTLE
STATE/ZIP : WA 98105
MORTGAGE AMOUNT : 403,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 401,729.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,817.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 73.54000
-------------------------------------------------------------------
0 0031893134 MORTGAGORS: PELISSIER JOSEPH
PELISSIER ROSEMARY
REGION CODE ADDRESS : 18191 SW SUNRISE PEAKS LANE
01 CITY : HILLSBORO
STATE/ZIP : OR 97123
MORTGAGE AMOUNT : 344,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,833.73 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,291.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.86900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,718,000.00
P & I AMT: 11,394.67
UPB AMT: 1,715,324.76
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 481
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893159 MORTGAGORS: HESTER CHARLES
HESTER DONNA
REGION CODE ADDRESS : 1500 SW 5TH AVENUE #1804
01 CITY : PORTLAND
STATE/ZIP : OR 97201
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,600.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,739.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031893175 MORTGAGORS: BECCARI JUSTIE
BECCARI JOHN
REGION CODE ADDRESS : 2528 LA GOLONDRINA STREET
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,582.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893183 MORTGAGORS: MITCHELL DAVID
HOPPER BILLIE
REGION CODE ADDRESS : 712 EVELYN COURT
01 CITY : ALAMO
STATE/ZIP : CA 94507
MORTGAGE AMOUNT : 546,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 545,518.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,496.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 74.28500
-------------------------------------------------------------------
0 0031893191 MORTGAGORS: COPRIVIZA PETER
COPRIVIZA JACKIE
REGION CODE ADDRESS : 121 GREENBRIER DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,459.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,270.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.88800
-------------------------------------------------------------------
0 0031893209 MORTGAGORS: ALBERS EDWIN
ALBERS KATHERINE
REGION CODE ADDRESS : 117 SILVER LAKE DRIVE
01 CITY : REHOBOTH BEACH
STATE/ZIP : DE 19971
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,334.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.08600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,748,000.00
P & I AMT: 11,615.78
UPB AMT: 1,743,495.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 482
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893217 MORTGAGORS: SHERER DUNHAM
REGION CODE ADDRESS : 4200 JOY ROAD
01 CITY : OCCIDENTAL
STATE/ZIP : CA 95465
MORTGAGE AMOUNT : 466,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 465,608.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,061.29 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.81200
-------------------------------------------------------------------
0 0031893316 MORTGAGORS: CROOKER CHRISTOPHER
CROOKER SHARON
REGION CODE ADDRESS : 2038 AMERICAN WAY
01 CITY : LAWRENCEVILLE
STATE/ZIP : GA 30243
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,770.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 89.96500
-------------------------------------------------------------------
0 0031893332 MORTGAGORS: LEHR JOHN
REGION CODE ADDRESS : 411 TILLOU ROAD
01 CITY : TWP OF SOUTH ORANGE VILLA
STATE/ZIP : NJ 07079
MORTGAGE AMOUNT : 249,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,114.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,743.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031893340 MORTGAGORS: ROMANO ANTHONY
ROMANO MARY
REGION CODE ADDRESS : 189 LA ROCHE AVENUE
01 CITY : THE BOROUGH OF HARRINGTON
STATE/ZIP : NJ 07640
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,790.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031893357 MORTGAGORS: CARLISLE ROBERT
CARLISLE JANICE
REGION CODE ADDRESS : 2011 144TH AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98007
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 61.17600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,484,300.00
P & I AMT: 9,900.77
UPB AMT: 1,483,087.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 483
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893365 MORTGAGORS: ROBERTS SCOTT
ROBERTS BONNIE
REGION CODE ADDRESS : 5201 PASEO DEL PAVON
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,743.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.95400
-------------------------------------------------------------------
0 0031893373 MORTGAGORS: PETRONI LOUIS
REGION CODE ADDRESS : 625 MARINE AVENUE
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,526.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,987.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 54.62900
-------------------------------------------------------------------
0 0031893399 MORTGAGORS: IVES DALE
IVES MARIANNE
REGION CODE ADDRESS : 4 PEMBROKE DRIVE
01 CITY : MENDHAM BOROUGH
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,273.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031893407 MORTGAGORS: BOLLA MICHAEL
REGION CODE ADDRESS : 20116 PRUITT DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90503
MORTGAGE AMOUNT : 266,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,286.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,795.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 84.60300
-------------------------------------------------------------------
0 0031893415 MORTGAGORS: KIMMERLE LYNN
REGION CODE ADDRESS : 21 DEVONSHIRE LANE
01 CITY : MENDHAM TOWNSHIP
STATE/ZIP : NJ 07945
MORTGAGE AMOUNT : 412,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 412,186.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,849.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,578,500.00
P & I AMT: 10,704.62
UPB AMT: 1,577,016.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 484
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893423 MORTGAGORS: NEALON JEFFREY
REGION CODE ADDRESS : 714 FAIRMOUNT AVENUE
01 CITY : CHATHAM
STATE/ZIP : NJ 07928
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,797.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.28571
-------------------------------------------------------------------
0 0031893431 MORTGAGORS: CLARK IAN
CLARK ROSLYN
REGION CODE ADDRESS : 26240 PARK VIEW ROAD
01 CITY : VALENCIA
STATE/ZIP : CA 91355
MORTGAGE AMOUNT : 492,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 491,606.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,314.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893449 MORTGAGORS: GREENBERG MARTIN
GREENBERG DONNA
REGION CODE ADDRESS : 138 SAGAMORE ROAD
01 CITY : MILLBURN TOWNSHIP
STATE/ZIP : NJ 07041
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.28915
-------------------------------------------------------------------
0 0031893456 MORTGAGORS: O'SULLIVAN SHARON
O'SULLIVAN DANIEL
REGION CODE ADDRESS : 20 BEACH PLACE
01 CITY : MAPLEWOOD TOWNSHIP
STATE/ZIP : NJ 07040
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,782.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,701.45 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031893464 MORTGAGORS: VERMILLION MICHAEL
VERMILLION CATHERINE
REGION CODE ADDRESS : 22 EAST LOGAN ROAD
01 CITY : RANDOLPH TOWNSHIP
STATE/ZIP : NJ 07869
MORTGAGE AMOUNT : 335,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,845.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,314.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.59620
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,646,100.00
P & I AMT: 11,150.80
UPB AMT: 1,644,561.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 485
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893480 MORTGAGORS: RICE BRADY
RICE KAREN
REGION CODE ADDRESS : 2234 BELLA AVENUE
01 CITY : UPLAND
STATE/ZIP : CA 91784
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,803.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893498 MORTGAGORS: O'CONNOR CRAIG
O'CONNOR SUSAN
REGION CODE ADDRESS : 11826 WAYLAND STREET
01 CITY : OAKTON
STATE/ZIP : VA 22124
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893506 MORTGAGORS: GRAHAM KEVIN
GRAHAM LISA
REGION CODE ADDRESS : 114 BUDDTOWN ROAD
01 CITY : SOUTHAMPTON TOWNSHIP
STATE/ZIP : NJ 08088
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,746.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,769.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893548 MORTGAGORS: OONK JOHN
OONK LINDA
REGION CODE ADDRESS : 817 SPRINGBROOK DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 248,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,695.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.16666
-------------------------------------------------------------------
0 0031893563 MORTGAGORS: BURKE ROGER
BURKE LINDA
REGION CODE ADDRESS : 13353 POTOMAC PATH DRIVE
01 CITY : WOODBRIDGE
STATE/ZIP : VA 22191
MORTGAGE AMOUNT : 367,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,291.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,414.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,451,300.00
P & I AMT: 9,590.79
UPB AMT: 1,450,286.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 486
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893571 MORTGAGORS: MULLIN SAMUEL
MULLIN KAREN
REGION CODE ADDRESS : 3268 WAILEA CIRCLE
01 CITY : FAIRFIELD
STATE/ZIP : CA 94533
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,621.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 77.39130
-------------------------------------------------------------------
0 0031893589 MORTGAGORS: CRENSHAW STUART
DEMORY M
REGION CODE ADDRESS : 11104 TOMMYE LANE
01 CITY : RESTON
STATE/ZIP : VA 20194
MORTGAGE AMOUNT : 310,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,445.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,067.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0031893605 MORTGAGORS: POWELL GREGORY
POWELL LINDA
REGION CODE ADDRESS : 13397 POTOMAC PATH DRIVE
01 CITY : WOODBRIDGE
STATE/ZIP : VA 22191
MORTGAGE AMOUNT : 352,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 352,004.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,314.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0031893613 MORTGAGORS: DEMAINE ANTOINETTE
REGION CODE ADDRESS : 503 PENDLETON STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,319.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,870.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.67400
-------------------------------------------------------------------
0 0031893647 MORTGAGORS: LEVINE MARCI
LEVINE PAUL
REGION CODE ADDRESS : 1173 REGAL OAK DRIVE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20852
MORTGAGE AMOUNT : 247,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,511.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,710.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.98500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,462,500.00
P & I AMT: 9,876.04
UPB AMT: 1,460,902.21
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 487
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893670 MORTGAGORS: WALKER STEPHEN
WALKER CARRIE
REGION CODE ADDRESS : 8626 E. SUNNYWALK LANE
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 252,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,893.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,677.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0031893704 MORTGAGORS: CUSHARD HENRY
CUSHARD MINDI
REGION CODE ADDRESS : 13609 ANCHOR COVE COURT
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 374,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,502.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,338.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0031893753 MORTGAGORS: COCHRAN BYRAN
COCHRAN MARILYN
REGION CODE ADDRESS : 230 MARIGOLD STREET
01 CITY : DANVILLE
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 311,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,456.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,126.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99200
-------------------------------------------------------------------
0 0031893779 MORTGAGORS: GREEN JOHN
GREEN ANDREA
REGION CODE ADDRESS : 7856 GRADO CIPRESO
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 318,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,857.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,197.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0031893787 MORTGAGORS: BATTENBERG WAYNE
ASHLEY VICTORIA
REGION CODE ADDRESS : 2160 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 346,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,166.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,603,200.00
P & I AMT: 10,644.15
UPB AMT: 1,601,876.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 488
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031893795 MORTGAGORS: CHAMPAGNE LEE
CHAMPAGNE JONELLE
REGION CODE ADDRESS : 2159 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 337,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 337,049.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 89.99400
-------------------------------------------------------------------
0 0031893829 MORTGAGORS: MADSEN JOHN
MADSEN JENNIFER
REGION CODE ADDRESS : 11536 SUN RAY COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 279,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,132.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
0 0031893837 MORTGAGORS: GRAHAM PATRICK
GRAHAM VERONICA
REGION CODE ADDRESS : 321 ADIRONDACK DRIVE
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 253,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,797.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,704.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.96600
-------------------------------------------------------------------
0 0031893845 MORTGAGORS: SAPIRSTEIN CHAIM
SAVITSKY-SAPIRSTEIN RHONDA
REGION CODE ADDRESS : 491 BERNINI COURT
01 CITY : AGOURA
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 312,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 311,334.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031893969 MORTGAGORS: MARKS MICHAEL
MARKS PHYLLIS
REGION CODE ADDRESS : 10481 WYTON DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90024
MORTGAGE AMOUNT : 649,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,468.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,317.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.08300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,830,650.00
P & I AMT: 12,468.00
UPB AMT: 1,828,781.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 489
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031894082 MORTGAGORS: DIFIORE MICHAEL
DIFIORE JEANNE
REGION CODE ADDRESS : 46 AGAWAM DRIVE
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031894405 MORTGAGORS: BRUINSMA MARKO
HARROW MELANIE
REGION CODE ADDRESS : 29 STONEHENGE ROAD
01 CITY : MORRIS TOWNSHIP
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,250.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031894439 MORTGAGORS: FURNISS MICHAEL
FURNISS KELLY
REGION CODE ADDRESS : 820 SOUTH COTTONTAIL LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,492.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,210.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031894447 MORTGAGORS: VAN ORDEN MARY
REGION CODE ADDRESS : 928 PALO ALTO DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,764.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.52600
-------------------------------------------------------------------
0 0031894454 MORTGAGORS: FEIG MARK
FEIG MADELINE
REGION CODE ADDRESS : 21030 KENWYN COURT
01 CITY : TOPANGA CANYON
STATE/ZIP : CA 90290
MORTGAGE AMOUNT : 504,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 502,898.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,567.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,500.00
P & I AMT: 11,435.33
UPB AMT: 1,651,907.37
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 490
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031894462 MORTGAGORS: GARDNER DANIEL
REGION CODE ADDRESS : 665 VICTORIA STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,518.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,021.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.81200
-------------------------------------------------------------------
0 0031894488 MORTGAGORS: ROWLEY CRAIG
ROWLEY JEAN
REGION CODE ADDRESS : 19001 COLCHESTER LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92646
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,525.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031894504 MORTGAGORS: STAFFORD PATRICK
STAFFORD KRISTINA
REGION CODE ADDRESS : 430 KENSINGTON FARMS DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30004
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,750.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 77.96143
-------------------------------------------------------------------
0 0031894512 MORTGAGORS: BURKE PATRICK
BURKE LAUREEN
REGION CODE ADDRESS : 1844 FALCON RIDGE DRIVE
01 CITY : PETALUMA
STATE/ZIP : CA 94954
MORTGAGE AMOUNT : 363,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,931.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,479.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0031894520 MORTGAGORS: SELLARS DAVID
SELLARS SHEILA
REGION CODE ADDRESS : 501 NORTON STREET
01 CITY : LONGBOAT KEY
STATE/ZIP : FL 34228
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,570,500.00
P & I AMT: 10,461.90
UPB AMT: 1,568,449.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 491
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031894538 MORTGAGORS: SCOTT ROBB
BRUMER LEAH
REGION CODE ADDRESS : 1 EL CAMINO REAL
01 CITY : BERKELEY
STATE/ZIP : CA 94705
MORTGAGE AMOUNT : 568,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 566,727.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,971.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031894546 MORTGAGORS: DOWD JAMES
DOWD VIRGINIA
REGION CODE ADDRESS : 2804 CALLE VISTA WAY
01 CITY : SACRAMENTO
STATE/ZIP : CA 95825
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.97297
-------------------------------------------------------------------
0 0031894579 MORTGAGORS: SZETO BETTY
REGION CODE ADDRESS : 2434 21ST AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94116
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,654.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031894595 MORTGAGORS: DECICCO THOMAS
DECICCO KATHY
REGION CODE ADDRESS : 4 CAULEY ROAD
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 382,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 380,396.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,769.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 79.93300
-------------------------------------------------------------------
0 0031894603 MORTGAGORS: BANTA GORDON
REGION CODE ADDRESS : 4115 MOORE STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 272,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,742,650.00
P & I AMT: 12,349.16
UPB AMT: 1,739,218.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 492
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031894652 MORTGAGORS: JEWELL TIMOTHY
REGION CODE ADDRESS : 400 SPEAR STREET #112
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94105
MORTGAGE AMOUNT : 299,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,503.39 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 56.59400
-------------------------------------------------------------------
0 0031894660 MORTGAGORS: LARSEN ROBERT
LARSEN RANDI
REGION CODE ADDRESS : 26122 CRESTA VERDE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92691
MORTGAGE AMOUNT : 459,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 458,481.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,132.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.86000
-------------------------------------------------------------------
0 0031894678 MORTGAGORS: SHINE KEVIN
REGION CODE ADDRESS : 413 TOWNSEND DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,499.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031894702 MORTGAGORS: WOOLSEY DAVID
WOOLSEY KATHLEEN
REGION CODE ADDRESS : 308 VILLAGE VIEW COURT
01 CITY : ORINDA
STATE/ZIP : CA 94563
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 449,329.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,146.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.23000
-------------------------------------------------------------------
0 0031894751 MORTGAGORS: CLARY JAMES
CLARY JANET
REGION CODE ADDRESS : 1800 NANTES WAY
01 CITY : BAKERSFIELD
STATE/ZIP : CA 93311
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,536.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,833,150.00
P & I AMT: 12,661.00
UPB AMT: 1,830,350.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 493
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031894777 MORTGAGORS: GOODE MICHEAL
GOODE SYLVIA
REGION CODE ADDRESS : RT 2 BOX 61 T
01 CITY : CHARLES TOWN
STATE/ZIP : WV 25414
MORTGAGE AMOUNT : 368,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 367,438.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,541.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.13900
-------------------------------------------------------------------
0 0031894801 MORTGAGORS: MACNAUGHTON SCOTT
MACNAUGHTON TERE
REGION CODE ADDRESS : 3491 COEUR D'ALENE DRIVE
01 CITY : WEST LINN
STATE/ZIP : OR 97068
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,587.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 78.17600
-------------------------------------------------------------------
0 0031894884 MORTGAGORS: CALLAHAN SHALLA
REGION CODE ADDRESS : 735 BATH STREET
01 CITY : SANTA BARBARA
STATE/ZIP : CA 93101
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,535.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 73.56300
-------------------------------------------------------------------
0 0031894918 MORTGAGORS: CARBONE CYNTHIA
BAUER CAROLYN
REGION CODE ADDRESS : 81 REAR BEDFORD STREET
01 CITY : BURLINGTON
STATE/ZIP : MA 01803
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,411.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.94900
-------------------------------------------------------------------
0 0031894959 MORTGAGORS: HUNT MICHAEL
RODENBECK CARIN
REGION CODE ADDRESS : 19101 DALE MABRY HWY N
01 CITY : LUTZ
STATE/ZIP : FL 33549
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,800.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.49315
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,521,000.00
P & I AMT: 10,591.63
UPB AMT: 1,517,772.71
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 494
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031895154 MORTGAGORS: KRAMER AUGUST
KRAMER MARY
REGION CODE ADDRESS : 0140 GINGERQUILL COURT
01 CITY : DILLON
STATE/ZIP : CO 80435
MORTGAGE AMOUNT : 369,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 369,049.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,584.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031895204 MORTGAGORS: LANGE ROY
LANGE MARGHERITA
REGION CODE ADDRESS : 160-04 86TH STREET
01 CITY : HOWARD BEACH
STATE/ZIP : NY 11414
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,511.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.31500
-------------------------------------------------------------------
0 0031895212 MORTGAGORS: WEAVER PAUL
WEAVER MURIEL
REGION CODE ADDRESS : 10920 PEAKS PIKE RD.
01 CITY : SEBASTOPAL
STATE/ZIP : CA 95472
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 378,743.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,528.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.07600
-------------------------------------------------------------------
0 0031895220 MORTGAGORS: TSAI CHEN
TSAI MEI
REGION CODE ADDRESS : 19498 BURGUNDY WAY
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,381.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,477.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 23.33300
-------------------------------------------------------------------
0 0031895253 MORTGAGORS: NIKOLAI IRVIN
NIKOLAI LUCILLE
REGION CODE ADDRESS : 47012 NW OTIS LANE
01 CITY : FOREST GROVE
STATE/ZIP : OR 97116
MORTGAGE AMOUNT : 363,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 363,151.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,753,350.00
P & I AMT: 11,914.87
UPB AMT: 1,746,837.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 495
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031895295 MORTGAGORS: GODDARD DALE
GODDARD LARALEYN
REGION CODE ADDRESS : 8671 SPRING CREEK TRAIL
01 CITY : LONGMONT
STATE/ZIP : CO 80503
MORTGAGE AMOUNT : 277,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,143.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,965.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 74.66397
-------------------------------------------------------------------
0 0031895303 MORTGAGORS: SANFORD WILLIAM
SANFORD LYNN
REGION CODE ADDRESS : 2590 DERBY DRIVE
01 CITY : SAN RAMON
STATE/ZIP : CA 94583
MORTGAGE AMOUNT : 345,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 344,188.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,441.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031895329 MORTGAGORS: BARON ARI
BARON KRISTIN
REGION CODE ADDRESS : 280 EAST BLITHEDALE AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,471.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,482.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 71.00000
-------------------------------------------------------------------
0 0031895337 MORTGAGORS: FRANCISCO-MEDVIN MICHAEL
FRANCISCO-MEDVIN RENEE
REGION CODE ADDRESS : 3549 VERDE VISTA DRIVE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 319,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,901.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,262.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031895345 MORTGAGORS: WOLF RONNY
WOLF ELLEN
REGION CODE ADDRESS : 17 GLENCARL ROAD
01 CITY : UPPER SADDLE RIVER
STATE/ZIP : NJ 07458
MORTGAGE AMOUNT : 304,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,357.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,157.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,602,150.00
P & I AMT: 11,309.47
UPB AMT: 1,599,062.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 496
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031895352 MORTGAGORS: OCEJO JULIAN
OCEJO LINDA
REGION CODE ADDRESS : 827 BLAUVELT STREET
01 CITY : RIVERVALE
STATE/ZIP : NJ 07675
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,988.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,080.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031895360 MORTGAGORS: MACELROY WILLIAM
TRELEVEN RONALD
REGION CODE ADDRESS : 625 GRAND VIEW AVENUE
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94114
MORTGAGE AMOUNT : 588,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 587,701.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,065.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.97800
-------------------------------------------------------------------
0 0031895394 MORTGAGORS: BAAR GORDON
BAAR NANCY
REGION CODE ADDRESS : 1835 RAMONA DRIVE
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031895907 MORTGAGORS: STEFANOVIC NEBOJSA
STEFANOVIC SVETLANA
REGION CODE ADDRESS : 25501 SARITA DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 279,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,322.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,932.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031895915 MORTGAGORS: MATHESON DWIGHT
MATHESON LYNETTE
REGION CODE ADDRESS : 6011 PRINCETON REACH WAY
01 CITY : GRANITE BAY
STATE/ZIP : CA 95746
MORTGAGE AMOUNT : 393,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 392,400.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,714.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 56.95600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,903,750.00
P & I AMT: 13,193.56
UPB AMT: 1,901,138.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 497
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031895931 MORTGAGORS: GONZER JEFFREY
GONZER BARBARA
REGION CODE ADDRESS : 8328 KIRKWOOD DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,529.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031895949 MORTGAGORS: NINH BRYAN
NINH LIEU
REGION CODE ADDRESS : 4784 LINARO DRIVE
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,386.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,063.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 73.46900
-------------------------------------------------------------------
0 0031895956 MORTGAGORS: DONNELLY KEVIN
DONNELLY SYLVIA
REGION CODE ADDRESS : 20300 VIA TARRAGONA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,976.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.77700
-------------------------------------------------------------------
0 0031895964 MORTGAGORS: SMITH MARK
SMITH KRISTIN
REGION CODE ADDRESS : 16 WOODSONG
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 265,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,084.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.18000
-------------------------------------------------------------------
0 0031895972 MORTGAGORS: TSENG BYRON
HUANG ADELAIDE
REGION CODE ADDRESS : 535 LITTLE FOOT DRIVE
01 CITY : FREMONT
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 412,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 411,416.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,951.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,632,500.00
P & I AMT: 11,525.27
UPB AMT: 1,629,393.78
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 498
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031895980 MORTGAGORS: STREETER RANDAL
STREETER CRISTINA
REGION CODE ADDRESS : 28351 AVENIDA LA MANCHA
01 CITY : SAN JUAN CAPISTRNO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 439,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,563.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,148.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 46.75500
----------------------------------------------------------------------------
0 0031896020 MORTGAGORS: DOWD PATRICIA
REGION CODE ADDRESS : 5001 OCEANAIRE STREET
01 CITY : OXNARD
STATE/ZIP : CA 93035
MORTGAGE AMOUNT : 281,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,780.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.53600
-------------------------------------------------------------------
0 0031896038 MORTGAGORS: TYAU EDWARD
TYAU JULIE
REGION CODE ADDRESS : 5375 AVENIDA DE DESPACIO
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 386,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,177.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,765.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 79.75200
-------------------------------------------------------------------
0 0031896046 MORTGAGORS: KALSEN VIC
REGION CODE ADDRESS : 712 WEST DRYDEN STREET
01 CITY : GLENDALE
STATE/ZIP : CA 91202
MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,171.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.00 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031896053 MORTGAGORS: PIBURN FRANK
REGION CODE ADDRESS : 780 MOPUA PLACE
01 CITY : HAIKU
STATE/ZIP : HI 96708
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,833.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,819.74 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,611,000.00
P & I AMT: 11,577.64
UPB AMT: 1,608,526.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 499
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896087 MORTGAGORS: ST. JAMES JOHN
ST. JAMES ANE
REGION CODE ADDRESS : 1387 BOURET DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,630.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,734.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031896095 MORTGAGORS: WEBSTER THOMAS
WEBSTER KAREN
REGION CODE ADDRESS : 17362 MADERA LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92647
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,584.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031896293 MORTGAGORS: CLARK DOUGLAS
CLARK JOSEFINA
REGION CODE ADDRESS : 5926 EAST INDIGO COURT
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,587.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031896400 MORTGAGORS: JUDSON DENNIS
INGWERSEN REBECCA
REGION CODE ADDRESS : 13350 STONEBRIDGE LANE NE,
01 CITY : BAINBRIDGE ISLAND,
STATE/ZIP : WA 98110
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 56.66666
-------------------------------------------------------------------
0 0031896459 MORTGAGORS: DEANA-ROGA AURORA
DEANA-ROGA DEREK
REGION CODE ADDRESS : 5 BRIDLE WAY
01 CITY : BRANCHBURG
STATE/ZIP : NJ 08876
MORTGAGE AMOUNT : 321,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,499.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,194.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,429,750.00
P & I AMT: 9,629.13
UPB AMT: 1,428,428.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 500
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896566 MORTGAGORS: STANSBURY MICHAEL
STANSBURY STARLA
REGION CODE ADDRESS : 1015 SOUTH EXPLORER WAY
01 CITY : ANAHEIM HILLS
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 310,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,995.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,064.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.98900
-------------------------------------------------------------------
0 0031896582 MORTGAGORS: PETERSON ROBERT
PETERSON H
REGION CODE ADDRESS : 7550 33RD AVENUE NORTHEAST
01 CITY : SEATTLE
STATE/ZIP : WA 98115
MORTGAGE AMOUNT : 257,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,176.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,713.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 88.21917
-------------------------------------------------------------------
0 0031896608 MORTGAGORS: BRIGHT RICHARD
BRIGHT LYNN
REGION CODE ADDRESS : 5300 E. HONEYWOOD LANE
01 CITY : ANAHEIM
STATE/ZIP : CA 92807
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,791.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.99400
-------------------------------------------------------------------
0 0031896616 MORTGAGORS: GORDON BRUCE
REGION CODE ADDRESS : 3017 FAIRVIEW AVENUE
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 280,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,569.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031896632 MORTGAGORS: PIERRE-JACQUES HENRI
JAGGERS KIM
REGION CODE ADDRESS : 49401 PINE RIDGE DR.
01 CITY : PLYMOUTH
STATE/ZIP : MI 48170
MORTGAGE AMOUNT : 522,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 522,012.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,652.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,638,050.00
P & I AMT: 11,120.22
UPB AMT: 1,636,546.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 501
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896657 MORTGAGORS: AARON EDWARD
AARON KRISTINE
REGION CODE ADDRESS : 11467 DILLON WAY
01 CITY : DUBLIN
STATE/ZIP : GA 94568
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 : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 88.00000
-------------------------------------------------------------------
0 0031896723 MORTGAGORS: MCBRYAN LOUIS
RIGBY NANCY
REGION CODE ADDRESS : 132 ELIZABETH STREET NE
01 CITY : ATLANTA
STATE/ZIP : GA 30307
MORTGAGE AMOUNT : 399,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,147.52 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,558.05 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 72.63636
-------------------------------------------------------------------
0 0031896731 MORTGAGORS: BROWN PATRICK
BROWN KAREN
REGION CODE ADDRESS : 6 WORDEN COURT
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.49200
-------------------------------------------------------------------
0 0031896749 MORTGAGORS: BARKER DAVID
BARKER REBECCA
REGION CODE ADDRESS : 1473 EAST AMBERWOOD DRIVE
01 CITY : PHOENIX
STATE/ZIP : GA 85048
MORTGAGE AMOUNT : 281,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,263.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,849.26 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.74504
-------------------------------------------------------------------
0 0031896756 MORTGAGORS: BARTON KENNETH
BARTON VIRGINIA
REGION CODE ADDRESS : 21969 WAKEFIELD COURT
01 CITY : SAUGUS
STATE/ZIP : CA 91350
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,476,000.00
P & I AMT: 9,822.68
UPB AMT: 1,474,787.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 502
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896772 MORTGAGORS: ARMSTRONG WILLIAM
ARMSTRONG DANA
REGION CODE ADDRESS : 16618 TORO HILLS COURT
01 CITY : SALINAS
STATE/ZIP : CA 93908
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.60262
-------------------------------------------------------------------
0 0031896806 MORTGAGORS: UCKERT COLIN
UCKERT JENNIFER
REGION CODE ADDRESS : 1809 N ADAMS STREET
01 CITY : ARLINGTON
STATE/ZIP : VA 22201
MORTGAGE AMOUNT : 350,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,865.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.74100
-------------------------------------------------------------------
0 0031896814 MORTGAGORS: COLTON V
REGION CODE ADDRESS : 12981 COUNTRY GLEN DRIVE
01 CITY : COOPER CITY
STATE/ZIP : FL 33330
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,762.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,073.82 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031896822 MORTGAGORS: MAGNUS ROBERT
MAGNUS KATHLEEN
REGION CODE ADDRESS : 38 DOWNFIELD WAY
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.76600
-------------------------------------------------------------------
0 0031896830 MORTGAGORS: NISSENBAUM ROBERT
REGION CODE ADDRESS : 6742 WEDGHEWOOD PLACE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.42800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,685,400.00
P & I AMT: 11,398.03
UPB AMT: 1,683,793.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 503
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896848 MORTGAGORS: CHANCER MARC
REGION CODE ADDRESS : 3230 NROTH KNOLL DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 70.52600
-------------------------------------------------------------------
0 0031896871 MORTGAGORS: COFFEY ANNETTE
OHANIAN PATRICIA
REGION CODE ADDRESS : 941 SUMMERLEAF PLACE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 54.71600
-------------------------------------------------------------------
0 0031896913 MORTGAGORS: CAMPBELL MADELAINE
REGION CODE ADDRESS : 305 VISTA MADERA
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 290,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,756.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,905.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.54000
-------------------------------------------------------------------
0 0031896921 MORTGAGORS: LOUGANIS GREGORY
REGION CODE ADDRESS : 32700 VISTA DE LAS ONDAS ST
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 50.68400
-------------------------------------------------------------------
0 0031896939 MORTGAGORS: MURRAY FRED
MURRAY VICKI
REGION CODE ADDRESS : 1410 W. EDMUNDSON AVENUE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 405,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 404,651.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,626.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.28100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,690,000.00
P & I AMT: 11,214.14
UPB AMT: 1,688,895.35
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 504
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031896947 MORTGAGORS: LEAK ANDREW
BUCKINGHAM LISA
REGION CODE ADDRESS : 110 PASA ROBLES AVENUE
01 CITY : LOS ALTOS
STATE/ZIP : CA 94022
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 399,717.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 47.05800
-------------------------------------------------------------------
0 0031896954 MORTGAGORS: PRICE LEE-ANN
REGION CODE ADDRESS : 15054 LYNN AVENUE
01 CITY : LOS GATOS
STATE/ZIP : CA 95032
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 39.74100
-------------------------------------------------------------------
0 0031896996 MORTGAGORS: KOTKIN CHERYL
REGION CODE ADDRESS : 26828 LIVE OAK COURT
01 CITY : CALABASAS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 302,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,139.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897002 MORTGAGORS: BELLACH DARRYL
BELLACH SUSAN
REGION CODE ADDRESS : 2413 BRISTOL ROAD
01 CITY : KENWOOD
STATE/ZIP : CA 95452
MORTGAGE AMOUNT : 482,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 482,132.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,332.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 34.46400
-------------------------------------------------------------------
0 0031897010 MORTGAGORS: JENKS DAVID
JENKS BARBARA
REGION CODE ADDRESS : 17630 HOLIDAY DRIVE
01 CITY : MORGAN HILL
STATE/ZIP : CA 95037
MORTGAGE AMOUNT : 461,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 461,221.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,071.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.94200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,954,500.00
P & I AMT: 13,357.85
UPB AMT: 1,952,977.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 505
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897036 MORTGAGORS: GRAZIAN ROBERT
GRAZIAN JULIA
REGION CODE ADDRESS : 825 10TH STREET
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 308,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 308,259.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,104.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.32300
-------------------------------------------------------------------
0 0031897044 MORTGAGORS: UPHAM H
UPHAM JONITA
REGION CODE ADDRESS : 2168 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 301,488.00 OPTION TO CONVERT :
UNPAID BALANCE : 301,246.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,031.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897051 MORTGAGORS: FORD DANIEL
ALVARADO-FORD AMANDA
REGION CODE ADDRESS : 252 DELMAR WAY
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 426,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 425,642.11 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,798.52 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.08400
-------------------------------------------------------------------
0 0031897069 MORTGAGORS: VALAFAR MEHRAN
VALAFAR SHOLEH
REGION CODE ADDRESS : 20910 BROKEN BIT DRIVE
01 CITY : COVINA
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 316,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 316,427.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,054.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99212
-------------------------------------------------------------------
0 0031897143 MORTGAGORS: CAPLES JEFFREY
CAPLES TRACEY
REGION CODE ADDRESS : 12304 HILLSLOPE STREET
01 CITY : STUDIO CITY
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,783.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 72.16783
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,610,688.00
P & I AMT: 10,683.23
UPB AMT: 1,609,358.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 506
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897218 MORTGAGORS: MONZON JESUS
SERHAN DIANA
REGION CODE ADDRESS : 803 SAN LUIS REY AVENUE
01 CITY : CORONADO
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,754.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 51.81818
-------------------------------------------------------------------
0 0031897234 MORTGAGORS: BRADBURY ERIC
BRADBURY JOYCE
REGION CODE ADDRESS : 24 STONEY CREEK LANE
01 CITY : COLTS NECK TOWNSHIP
STATE/ZIP : NJ 07722
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,593.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,837.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.17100
-------------------------------------------------------------------
0 0031897267 MORTGAGORS: LYNCH JOHN
LYNCH SUZANNE
REGION CODE ADDRESS : SPRING HUNTER ROAD
01 CITY : GREEN TOWNSHIP
STATE/ZIP : NJ 07821
MORTGAGE AMOUNT : 270,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,572.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 83.01019
-------------------------------------------------------------------
0 0031897275 MORTGAGORS: TABIKH SAM
TABIKH AMONA
REGION CODE ADDRESS : 171 KNOLLWOOD DRIVE
01 CITY : BOROUGH OF WATCHUNG
STATE/ZIP : NJ 07060
MORTGAGE AMOUNT : 346,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,730.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,360.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897283 MORTGAGORS: KEYES MICHAEL
KEYES VILMA
REGION CODE ADDRESS : 611 NORTH GUADALUPE AVENUE #2
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90277
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,778.68 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,437,800.00
P & I AMT: 9,621.33
UPB AMT: 1,436,429.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 507
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897309 MORTGAGORS: BENVENUTO ANDRES
BEVENUTO LORIANN
REGION CODE ADDRESS : 11 FIELDSTONE DRIVE
01 CITY : MORRIS TOWNSHIP
STATE/ZIP : NJ 07960
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,555.55 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897325 MORTGAGORS: HOBBS MARTIN
HOBBS DEIDRE
REGION CODE ADDRESS : 866 DEER WILLOW COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
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 : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897333 MORTGAGORS: ARAI RENEE
SCHWIDEL IRA
REGION CODE ADDRESS : 25 SPRINGHURST PARK DR
01 CITY : GREENBURG TOWN DOBBS FERR
STATE/ZIP : NY 10522
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,734.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897374 MORTGAGORS: WALLACK LINDA
BOVEE SUSAN
REGION CODE ADDRESS : 10526 MEREWORTH LANE
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,798.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897382 MORTGAGORS: KOVACS ROBERT
KOVACS SHELLEY
REGION CODE ADDRESS : 2110 HOLLYHOCK LANE
01 CITY : GILROY
STATE/ZIP : CA 95020
MORTGAGE AMOUNT : 488,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,590.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,205.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,703,200.00
P & I AMT: 11,463.35
UPB AMT: 1,701,409.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 508
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897390 MORTGAGORS: SMITH JANETT
REGION CODE ADDRESS : 5114 COLEBROOK PLACE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22312
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.19000
-------------------------------------------------------------------
0 0031897408 MORTGAGORS: COHEN STEVEN
CRESS MINDY
REGION CODE ADDRESS : 176 LONG HILL DRIVE
01 CITY : MILLBURN TOWNSHIP
STATE/ZIP : NJ 07041
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,746.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 59.09000
-------------------------------------------------------------------
0 0031897416 MORTGAGORS: DEVATY JAMES
MILLER STEPHEN
REGION CODE ADDRESS : 115 GRAND CHAMPION DRIVE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 306,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,978.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0031897432 MORTGAGORS: WILLOUGHBY JAY
WILLOUGHBY KATHERYN
REGION CODE ADDRESS : 87 STONE CLIFF ROAD
01 CITY : TOWNSHIP OF PRINCETON
STATE/ZIP : NJ 08540
MORTGAGE AMOUNT : 635,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 634,979.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,228.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.94907
-------------------------------------------------------------------
0 0031897440 MORTGAGORS: WOHLGEMUTH JAMES
WOHLGEMUTH MARY
REGION CODE ADDRESS : 13618 WEINSTEIN COURT
01 CITY : CENTREVILLE
STATE/ZIP : VA 20120
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,781.57 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,866,700.00
P & I AMT: 12,651.42
UPB AMT: 1,864,959.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 509
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897457 MORTGAGORS: REDDISH RICHARD
REDDISH JANINE
REGION CODE ADDRESS : 3502 SAGAMORE DRIVE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 484,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 483,583.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,139.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897465 MORTGAGORS: KENNEDY MICHAEL
KENNEDY CHERYL
REGION CODE ADDRESS : 10653 WOLVERINE COURT
01 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 270,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,464.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,842.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99100
-------------------------------------------------------------------
0 0031897473 MORTGAGORS: SCHWARTZ JACK
REGION CODE ADDRESS : 496 HIGH STREET
01 CITY : CLOSTER BOROUGH
STATE/ZIP : NJ 07624
MORTGAGE AMOUNT : 253,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,597.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031897499 MORTGAGORS: SHERMAN GAYLE
SHERMAN RALPH
REGION CODE ADDRESS : 1693 PLACER CIRCLE
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,799.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.14200
-------------------------------------------------------------------
0 0031897507 MORTGAGORS: MONEY CHARLES
MONEY LESLIE
REGION CODE ADDRESS : 10 LAKEWIND LANE
01 CITY : STAFFORD
STATE/ZIP : VA 22554
MORTGAGE AMOUNT : 330,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,872.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,168.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.98900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,608,050.00
P & I AMT: 10,748.42
UPB AMT: 1,606,316.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 510
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897515 MORTGAGORS: KEIM STEPHAN
CORSIGLIA-KEIM JENNIFER
REGION CODE ADDRESS : 2368 BRITTAN AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,765.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.92307
-------------------------------------------------------------------
0 0031897523 MORTGAGORS: PARENTE MICHAEL
PARENTE ANGELA
REGION CODE ADDRESS : 6136 WOODLAND VIEW
01 CITY : LOS ANGELES
STATE/ZIP : CA 91367
MORTGAGE AMOUNT : 447,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,550.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,055.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.98200
-------------------------------------------------------------------
0 0031897531 MORTGAGORS: HYMAN TERRY
HYMAN DEBORAH
REGION CODE ADDRESS : 13049 CHAMPLAIN DRIVE
01 CITY : MANASSAS
STATE/ZIP : VA 20112
MORTGAGE AMOUNT : 235,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,102.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,545.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0031897549 MORTGAGORS: COLLIER MILES
COLLIER AUDREY
REGION CODE ADDRESS : 8600 VIA SANTA CRUZ AVENUE
01 CITY : WHITTIER
STATE/ZIP : CA 90605
MORTGAGE AMOUNT : 451,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 451,091.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,853.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 43.00000
-------------------------------------------------------------------
0 0031897564 MORTGAGORS: WISE CHARLES
REGION CODE ADDRESS : 509 PENDLETON STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 308,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 307,385.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,023.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,742,700.00
P & I AMT: 11,524.90
UPB AMT: 1,740,896.11
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 511
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031897648 MORTGAGORS: STEDMAN GEOFFREY
STEDMAN KIMBERLY
REGION CODE ADDRESS : 2778 CROSBY COURT
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,753.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,155.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897663 MORTGAGORS: WHITENACK SHIRLEY
WHITENACK DANIEL
REGION CODE ADDRESS : 8 CAROLYN COURT
01 CITY : EAST HANOVER TOWNSHIP
STATE/ZIP : NJ 07936
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,775.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,964.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897689 MORTGAGORS: LAWLOR MICHAEL
LAWLOR DANA
REGION CODE ADDRESS : 4 PUDDING STONE COURT
01 CITY : MORRIS TOWNSHIP
STATE/ZIP : NJ 07950
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,791.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031897705 MORTGAGORS: DE SILVA SALIYA
PATHIRANA MARIE
REGION CODE ADDRESS : 393 VALLEY ROAD
01 CITY : RIVER EDGE BOROUGH
STATE/ZIP : NJ 07661
MORTGAGE AMOUNT : 246,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,697.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 94.99807
-------------------------------------------------------------------
0 0031897739 MORTGAGORS: BASIUS JOSEPH
BASIUS MAUREEN
REGION CODE ADDRESS : 20 ROCKAGE ROAD
01 CITY : WARREN TOWNSHIP
STATE/ZIP : NJ 07059
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,982.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,434.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.22222
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,774,900.00
P & I AMT: 12,089.59
UPB AMT: 1,773,000.74
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 512
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031898034 MORTGAGORS: RENNER BETSY
RENNER WILLIAM
REGION CODE ADDRESS : 1038 MORRISSEY BOULEVARD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95062
MORTGAGE AMOUNT : 252,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,676.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031898166 MORTGAGORS: EAKLE AVIS
EAKLE TERESA
REGION CODE ADDRESS : 7214 EAST WRANGLER CIRCLE
01 CITY : ORANGE
STATE/ZIP : CA 92869
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.07300
-------------------------------------------------------------------
0 0031899131 MORTGAGORS: SIKAND JOGINDER
SIKAND MOHINDER
REGION CODE ADDRESS : 7304 PEBBLE BEACH DRIVE
01 CITY : EL CERRITO
STATE/ZIP : CA 94530
MORTGAGE AMOUNT : 647,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 646,565.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,747.46 OUTSIDE CONV DATE :
LIFETIME RATE : 8.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.00000 PRODUCT CODE : 002
LTV : 69.94500
-------------------------------------------------------------------
0 0031899180 MORTGAGORS: VILLAREAL DAVID
VILLAREAL ANNE
REGION CODE ADDRESS : 1146 MONTECITO AVENUE
01 CITY : PACIFIC GROVE
STATE/ZIP : CA 93950
MORTGAGE AMOUNT : 273,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,525.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,821.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031899222 MORTGAGORS: CHA STANLEY
CHA EUNCHUNG
REGION CODE ADDRESS : 5361 POLIS DRIVE
01 CITY : LA PALMA
STATE/ZIP : CA 90623
MORTGAGE AMOUNT : 292,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,330.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,972.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,725,550.00
P & I AMT: 11,947.74
UPB AMT: 1,724,421.79
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 513
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031899230 MORTGAGORS: MASTROIANNI MICHAEL
MASTROIANNI THERESA
REGION CODE ADDRESS : 1034 NORTH SONORA CIRCLE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 384,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,232.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,592.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0031899248 MORTGAGORS: O'NEILL DENISE
LEICHTER MITCHELL
REGION CODE ADDRESS : 17125 HART STREET
01 CITY : (VAN NUYS AREA) LOAS ANGE
STATE/ZIP : CA 91406
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,580.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031899263 MORTGAGORS: LEE TERRENCE
LEE JANICE
REGION CODE ADDRESS : 1810 TANAGER DRIVE
01 CITY : COSTA MESA
STATE/ZIP : CA 92626
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031899305 MORTGAGORS: RINGWOOD PAUL
OXHORN-RINGWOOD LYNNE
REGION CODE ADDRESS : 7330 GREBE PLACE
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,328.34 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,038.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.54400
-------------------------------------------------------------------
0 0031899313 MORTGAGORS: MILLARD HOLLY
PEARSON WAYNNHALL
REGION CODE ADDRESS : 405 WOODCLIFFE ROAD
01 CITY : PASADENA
STATE/ZIP : CA 91105
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 519,263.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,725.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,962,850.00
P & I AMT: 13,513.92
UPB AMT: 1,960,118.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 514
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031899339 MORTGAGORS: POPE JAMES
POPE ADRIENNE
REGION CODE ADDRESS : 20510 KINGSBURY STREET
01 CITY : CHATSWORTH AREA
STATE/ZIP : CA 91311
MORTGAGE AMOUNT : 334,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,151.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,338.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031899354 MORTGAGORS: HIESHIMA MICHAEL
HIESHIMA MARLA
REGION CODE ADDRESS : 556 NORTHERN AVENUE
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 411,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,687.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,838.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.28571
-------------------------------------------------------------------
0 0031899370 MORTGAGORS: RYAN JOHN
RYAN SHERRY
REGION CODE ADDRESS : 37859 BENCHMARK COURT
01 CITY : FREMONT
STATE/ZIP : CA 94536
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,748.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,893.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.47826
-------------------------------------------------------------------
0 0031899396 MORTGAGORS: BRINKMAN DEBRA
REGION CODE ADDRESS : 5115 LIDO SANDS
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92663
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,752.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,088.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.88888
-------------------------------------------------------------------
0 0031899651 MORTGAGORS: DIONISIO MARIA
DIONISIO NESTOR
REGION CODE ADDRESS : 32784 OLYMPIAD COURT
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,750.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,812.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 78.46007
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,630,400.00
P & I AMT: 10,971.38
UPB AMT: 1,629,090.09
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 515
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031899669 MORTGAGORS: RUBIO IGNACIA
GONZALES MARTIN
REGION CODE ADDRESS : 2449 STEAMBOAT SPRINGS COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 253,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 253,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,665.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98020
-------------------------------------------------------------------
0 0031899727 MORTGAGORS: GANEZER DANIEL
REGION CODE ADDRESS : 18 LEXINGTON WAY
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 306,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 305,772.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,139.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031899750 MORTGAGORS: CARLSON BRAD
MCNEAL N
REGION CODE ADDRESS : 13327 IVAKOTA FARM ROAD
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 635,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 634,735.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,230.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.81100
-------------------------------------------------------------------
0 0031899776 MORTGAGORS: HANSON ERIC
HANSON MONICA
REGION CODE ADDRESS : 3717 MONITOR PLACE
01 CITY : OLNEY
STATE/ZIP : MD 20832
MORTGAGE AMOUNT : 288,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,348.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,970.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031899792 MORTGAGORS: NEWPORT IAN
NEWPORT M
REGION CODE ADDRESS : 1911 BELMONT RD., NW #1072
01 CITY : WASHINGTON
STATE/ZIP : DC 20009
MORTGAGE AMOUNT : 274,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,521.78 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,824.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.98100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,758,500.00
P & I AMT: 11,830.63
UPB AMT: 1,755,977.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 516
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031899800 MORTGAGORS: LOPEZ GERALD
LOPEZ LAURA
REGION CODE ADDRESS : LOT 46 BEACON HILL
01 CITY : PAEONIAN SPRINGS
STATE/ZIP : VA 20129
MORTGAGE AMOUNT : 417,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 417,240.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,708.55 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.24324
-------------------------------------------------------------------
0 0031899818 MORTGAGORS: SEIDMAN MATTHEW
SEIDMAN KIMBERLY
REGION CODE ADDRESS : 13384 CONTOUR DRIVE
01 CITY : SHERMAN OAKS(AREA)CITY OF
STATE/ZIP : CA 91423
MORTGAGE AMOUNT : 288,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,580.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,994.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031899875 MORTGAGORS: WILSON MARK
REGION CODE ADDRESS : 887 SPRUCE HILL COURT
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 266,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,792.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.40200
-------------------------------------------------------------------
0 0031899925 MORTGAGORS: SIEGEL GREG
SIEGEL RENA
REGION CODE ADDRESS : 24929 NORMANS WAY
01 CITY : CALABASAS
STATE/ZIP : CA 91302
MORTGAGE AMOUNT : 584,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 583,566.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,083.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031899974 MORTGAGORS: RAJARATNAM CHANDRAN
REGION CODE ADDRESS : 72 FLORIDA HILL ROAD
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 465,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 464,871.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,332.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 88.60900
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,021,600.00
P & I AMT: 13,933.97
UPB AMT: 2,020,051.45
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 517
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031899982 MORTGAGORS: MCGHEE DANIEL
MCGHEE RITA
REGION CODE ADDRESS : 10505 SANDLE LANE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 825,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 824,306.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 5,419.66 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 015
LTV : 44.25900
-------------------------------------------------------------------
0 0031900855 MORTGAGORS: DAVIS KEVIN
DAVIS MARTI
REGION CODE ADDRESS : 4920 MYRTLE DRIVE
01 CITY : CONCORD
STATE/ZIP : CA 94521
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,768.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.71000
-------------------------------------------------------------------
0 0031900913 MORTGAGORS: WELLS HEATHER
REGION CODE ADDRESS : 4590 DON VALDES DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90008
MORTGAGE AMOUNT : 279,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,782.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,903.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 93.00000
-------------------------------------------------------------------
0 0031900970 MORTGAGORS: WAHLER JEANNE
THOMAN CONNIE
REGION CODE ADDRESS : 6617 FORESTLAND WAY
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 332,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,721.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,181.00 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031900988 MORTGAGORS: PRESTON ROBERT
REGION CODE ADDRESS : 1779 SEA VIEW AVENUE,
01 CITY : DEL MAR,
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 580,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 580,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,956.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,291,000.00
P & I AMT: 15,267.12
UPB AMT: 2,289,579.29
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 518
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901077 MORTGAGORS: GARRETT DANIEL
GARRETT ANNA
REGION CODE ADDRESS : 2308 DANBURY ROAD
01 CITY : GREENSBORO
STATE/ZIP : NC 27408
MORTGAGE AMOUNT : 340,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 339,707.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,205.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031901085 MORTGAGORS: COHEN ALAN
COHEN LAURIE
REGION CODE ADDRESS : 49 WASHINGTON,
01 CITY : IRVINE,
STATE/ZIP : CA 92606
MORTGAGE AMOUNT : 267,948.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,717.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,737.91 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 89.99800
-------------------------------------------------------------------
0 0031901101 MORTGAGORS: BAUM MICHAEL
BAUM HARRIET
REGION CODE ADDRESS : 6720 LANDON LANE
01 CITY : BETHESDA
STATE/ZIP : MD 20817
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.83800
-------------------------------------------------------------------
0 0031901119 MORTGAGORS: WALLIN JEFFREY
WALLIN LAURA
REGION CODE ADDRESS : 2148 FLORIDA AVENUE NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20008
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,780.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,923.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 68.78000
-------------------------------------------------------------------
0 0031901127 MORTGAGORS: CORT GEORGE
CORT JENNIFER
REGION CODE ADDRESS : 2800 ABBEY MANOR COURT
01 CITY : BROOKEVILLE
STATE/ZIP : MD 20833
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,525,948.00
P & I AMT: 10,130.18
UPB AMT: 1,524,690.86
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 519
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901135 MORTGAGORS: WHITLOCK DAVID
WHITLOCK KATHRYN
REGION CODE ADDRESS : 5407 TROWBRIDGE PLACE
01 CITY : DUNWOODY
STATE/ZIP : GA 30338
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 286,781.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,982.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031901143 MORTGAGORS: JIANG SHIXIN
NIE WEN
REGION CODE ADDRESS : 10112 LAKESTONE PLACE
01 CITY : ROCKVILLE
STATE/ZIP : MD 20850
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,263.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,980.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.86300
-------------------------------------------------------------------
0 0031901150 MORTGAGORS: FISHER GERALD
KENNEDY MARY
REGION CODE ADDRESS : 4527 HARRISON STREET, NW
01 CITY : WASHINGTON
STATE/ZIP : DC 20015
MORTGAGE AMOUNT : 348,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,976.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,318.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.21500
-------------------------------------------------------------------
0 0031901184 MORTGAGORS: WILSON BRETT
WILSON PATRICIA
REGION CODE ADDRESS : 1701 NORTH PELHAM ROAD NE
01 CITY : ATLANTA
STATE/ZIP : GA 30324
MORTGAGE AMOUNT : 343,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,304.17 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,228.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.71844
-------------------------------------------------------------------
0 0031901192 MORTGAGORS: FAINT RICHARD
FAINT RUTH
REGION CODE ADDRESS : 6 HIGHFIELD COURT
01 CITY : COCKEYSVILLE
STATE/ZIP : MD 21030
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,491.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,217.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,752,150.00
P & I AMT: 11,727.36
UPB AMT: 1,749,817.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 520
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901200 MORTGAGORS: SLAUGHTER LINDA
ELLIS CATHY
REGION CODE ADDRESS : 6342 DORAN DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,595.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,856.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031901218 MORTGAGORS: ANDONIAN LEVON
ANDONIAN MARY
REGION CODE ADDRESS : 19109 PEACH BLOSSOM COURT
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20879
MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 379,664.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,433.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 69.72400
-------------------------------------------------------------------
0 0031901234 MORTGAGORS: MAY JAMES
MAY DEE ANN
REGION CODE ADDRESS : 6814 156TH STREET SOUTHEAST
01 CITY : SNOHOMISH
STATE/ZIP : WA 98296
MORTGAGE AMOUNT : 283,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,505.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.40 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 84.99300
-------------------------------------------------------------------
0 0031901242 MORTGAGORS: LOPARDO STEPHEN
LOPARDO MARY
REGION CODE ADDRESS : 3223 SUMAC ROAD
01 CITY : FALLBROOK
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 649,995.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,448.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.28500
-------------------------------------------------------------------
0 0031901267 MORTGAGORS: KELLY PATRICK
KELLY LINDA
REGION CODE ADDRESS : 601 QUIET OAKS LANE
01 CITY : MONKTON
STATE/ZIP : MD 21111
MORTGAGE AMOUNT : 267,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,980.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,777.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.51200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,849,745.00
P & I AMT: 12,177.81
UPB AMT: 1,848,195.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 521
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901317 MORTGAGORS: OCHELTREE PAUL
OCHELTREE MARILYN
REGION CODE ADDRESS : 200 MARINE VIEW AVENUE,
01 CITY : SOLANA BEACH,
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 648,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,519.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,530.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 52.89796
-------------------------------------------------------------------
0 0031901325 MORTGAGORS: SCHNITZER WILLIAM
SCHNITZER RITA
REGION CODE ADDRESS : 1988 LASALLE WAY
01 CITY : MARIETTA
STATE/ZIP : GA 30062
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,815.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,678.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 68.64406
-------------------------------------------------------------------
0 0031901341 MORTGAGORS: HASHIMOTO JERRY
HASHIMOTO KINUKO
REGION CODE ADDRESS : 31305 FLOWERIDGE DRIVE,
01 CITY : RANCHO PALOS VERDES,
STATE/ZIP : CA 90275
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,743.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 53.04347
----------------------------------------------------------------------------
0 0031901358 MORTGAGORS: MCDONALD PATRICK
REGION CODE ADDRESS : 430 CENTER STREET
01 CITY : EL SEGUNDO
STATE/ZIP : CA 90245
MORTGAGE AMOUNT : 355,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 354,701.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,332.10 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.73600
-------------------------------------------------------------------
0 0031901366 MORTGAGORS: HAYES JACK
HAYES CHRISTY
REGION CODE ADDRESS : 731 PUMA CANYON LANE
01 CITY : GLENDORA
STATE/ZIP : CA 91740
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,823,000.00
P & I AMT: 12,354.63
UPB AMT: 1,821,556.73
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 522
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901374 MORTGAGORS: BENSINGER CHRIS
BENSINGER SUSAN
REGION CODE ADDRESS : 1418 N GENESSEE AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90046
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.25000
-------------------------------------------------------------------
0 0031901382 MORTGAGORS: BULATAO EMMANUEL
BULATAO MARIE
REGION CODE ADDRESS : 664 SPRUCE AVENUE
01 CITY : SOUTH SAN FRANCISCO,
STATE/ZIP : CA 94080
MORTGAGE AMOUNT : 351,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,904.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,307.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031901390 MORTGAGORS: BIERNAT MARC
BIERNAT TAMARA
REGION CODE ADDRESS : 4438 GREEN MEADOWS AVENUE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 339,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,715.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,226.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.83721
-------------------------------------------------------------------
0 0031901408 MORTGAGORS: EIDENSCHINK THOMAS
EIDENSCHINK AVA
REGION CODE ADDRESS : 2176 AVENIDA TORONJA
01 CITY : CARLSBAD
STATE/ZIP : CA 92009
MORTGAGE AMOUNT : 288,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,385.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,017.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.98600
-------------------------------------------------------------------
0 0031901416 MORTGAGORS: WITTMAN TODD
WITTMAN SHERRI
REGION CODE ADDRESS : 11511 SUN RAY COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 317,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 317,602.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,168.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,664,150.00
P & I AMT: 11,134.59
UPB AMT: 1,662,799.24
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 523
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901432 MORTGAGORS: MCLAWHORN HOWARD
MCLAWHORN MAUREEN
REGION CODE ADDRESS : 11546 SUN RAY COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 319,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,537.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,127.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97600
-------------------------------------------------------------------
0 0031901473 MORTGAGORS: NEUMANN E
NEUMANN JOANNE
REGION CODE ADDRESS : 1031 NORTHWOODS TRAIL
01 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 357,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,345.89 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.04200
-------------------------------------------------------------------
0 0031901507 MORTGAGORS: PRAY CLYDE
PRAY VALERIE
REGION CODE ADDRESS : 13517 HUNTING HILL WAY
01 CITY : N.POTOMAC
STATE/ZIP : MD 20878
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.94900
-------------------------------------------------------------------
0 0031901515 MORTGAGORS: MADDIPATLA DIVAKAR
MADDIPATLA UMA
REGION CODE ADDRESS : 1700 FEASEL COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 377,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,508.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.98778
-------------------------------------------------------------------
0 0031901523 MORTGAGORS: OUTSLAY JOHN
OUTSLAY JENNIFER
REGION CODE ADDRESS : 4660 CALVERT COURT SE
01 CITY : SALEM
STATE/ZIP : OR 97302
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,785,900.00
P & I AMT: 11,888.77
UPB AMT: 1,784,505.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 524
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901531 MORTGAGORS: LEE LESTER
LEE LINDA
REGION CODE ADDRESS : 32762 FOLKLORE LOOP
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,762.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,790.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.95800
-------------------------------------------------------------------
0 0031901556 MORTGAGORS: KASEFF KEVIN
KASEFF JEAN
REGION CODE ADDRESS : 1737 8TH STREET
01 CITY : MANHATTAN BEACH
STATE/ZIP : CA 90266
MORTGAGE AMOUNT : 634,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 632,957.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,218.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031901564 MORTGAGORS: WANG FRED
WANG EMMA
REGION CODE ADDRESS : 14102 SOUTHEAST 42ND STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,784.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,621.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 66.66600
-------------------------------------------------------------------
0 0031901572 MORTGAGORS: MATTHEWS LESLIE
CANNON-CAMMACK BONNIE
REGION CODE ADDRESS : 3600 SR 97 ALTERNATE
01 CITY : CHELAN
STATE/ZIP : WA 98816
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 648,352.35 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,270.04 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.42100
-------------------------------------------------------------------
0 0031901598 MORTGAGORS: WIGGINS MADISON
LEXIN CATHY
REGION CODE ADDRESS : 15644 SUMMER SAGE DRIVE
01 CITY : POWAY
STATE/ZIP : CA 92064
MORTGAGE AMOUNT : 273,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,947.29 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,909.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 78.04200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,083,150.00
P & I AMT: 13,809.60
UPB AMT: 2,079,804.34
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 525
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031901606 MORTGAGORS: ROLAND ROBERT
ROLAND KIMBERLY
REGION CODE ADDRESS : 15671 WOODGROVE ROAD
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,561.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,587.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031901614 MORTGAGORS: NESVISKY DAVID
NESVISKY TAMSIN
REGION CODE ADDRESS : 9708 LAYMINSTER LANE
01 CITY : VIENNA
STATE/ZIP : VA 22182
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.57300
-------------------------------------------------------------------
0 0031901630 MORTGAGORS: LOWRY STEPHEN
LOWRY JAMIE
REGION CODE ADDRESS : 935 8TH PLACE
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 402,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 402,369.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,679.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.43100
-------------------------------------------------------------------
0 0031901739 MORTGAGORS: TSIVGAS NORA
REGION CODE ADDRESS : 43 SPRUCE HOLLOW ROAD
01 CITY : GREEN BROOK
STATE/ZIP : NJ 08812
MORTGAGE AMOUNT : 408,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 408,481.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,788.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.03500
-------------------------------------------------------------------
0 0031902216 MORTGAGORS: HOWARD MELVIN
VINCENT DAWN
REGION CODE ADDRESS : 4826 VISTA DE ORO AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90043
MORTGAGE AMOUNT : 354,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 353,716.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,384.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.66600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,813,500.00
P & I AMT: 12,102.05
UPB AMT: 1,811,801.23
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 526
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031902257 MORTGAGORS: LESETH MICHAEL
LESETH LISA
REGION CODE ADDRESS : 31484 LA PASITA
01 CITY : SAN JUAN CAPISTRANO
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 513,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 512,646.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,719.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 60.35200
-------------------------------------------------------------------
0 0031902273 MORTGAGORS: KIRCHMAIER RAY
KIRCHMAIER MARY
REGION CODE ADDRESS : 1235 HIGHLAND ROAD
01 CITY : SANTA YNEZ
STATE/ZIP : CA 93460
MORTGAGE AMOUNT : 479,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 479,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,268.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031902299 MORTGAGORS: KINSLEY ANTHONY
PHUNG NHAN
REGION CODE ADDRESS : 1 BOSSHARD COURT
01 CITY : ALAMEDA
STATE/ZIP : CA 94501
MORTGAGE AMOUNT : 243,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,581.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.97800
-------------------------------------------------------------------
0 0031902323 MORTGAGORS: CHANDRA HARISH
CHANDRA CHAYA
REGION CODE ADDRESS : 1701 FEASEL COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95131
MORTGAGE AMOUNT : 319,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,074.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.99400
-------------------------------------------------------------------
0 0031902596 MORTGAGORS: TONSING MICHAEL
TONSING CECILIA
REGION CODE ADDRESS : 911 LONGRIDGE ROAD
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 480,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 480,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,233.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.57100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,036,000.00
P & I AMT: 13,879.26
UPB AMT: 2,035,646.95
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 527
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031902604 MORTGAGORS: WUERSCH KATHERINE
FLENER RONALD
REGION CODE ADDRESS : 88 NARROWS ROAD
01 CITY : ASSONET
STATE/ZIP : MA 02779
MORTGAGE AMOUNT : 441,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 441,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,012.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031902638 MORTGAGORS: TAKEMURA TADAHIRO
TAKEMURA KATHRYN
REGION CODE ADDRESS : 1720 WILLOW POINT COURT
01 CITY : LODI
STATE/ZIP : CA 95242
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,776.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031903784 MORTGAGORS: FORD HAROLD
FORD TASANEE
REGION CODE ADDRESS : 42806 RAVENSBOURNE PARK STREET
01 CITY : FREMONT
STATE/ZIP : CA 94538
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,316.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031903792 MORTGAGORS: ZIEGLER HARVEY
ZIEGLER CHERRI
REGION CODE ADDRESS : 1921 HOLLY AVENUE
01 CITY : OXNARD
STATE/ZIP : CA 93030
MORTGAGE AMOUNT : 249,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,295.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,659.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.20600
-------------------------------------------------------------------
0 0031903958 MORTGAGORS: ZAMORA LEOPOLDO
ZAMORA EILEEN
REGION CODE ADDRESS : 12001 MARTHA ANN DRIVE
01 CITY : LOS ALAMITOS
STATE/ZIP : CA 90720
MORTGAGE AMOUNT : 285,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,996.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 88.39000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,504,100.00
P & I AMT: 10,285.66
UPB AMT: 1,503,487.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 528
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031903974 MORTGAGORS: SHIMADA MICHAEL
SHIMADA ROBIN
REGION CODE ADDRESS : 4580 CHANTRY COURT
01 CITY : CYPRESS
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 284,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,978.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 72.87100
-------------------------------------------------------------------
0 0031903990 MORTGAGORS: THOMSON PATE
THOMSON JUDITH
REGION CODE ADDRESS : 647 CRAGMONT AVENUE
01 CITY : BERKELEY
STATE/ZIP : CA 94708
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.61900
-------------------------------------------------------------------
0 0031904014 MORTGAGORS: HODGIN BRUCE
HODGIN COSTANCE
REGION CODE ADDRESS : 20149 GUAVA COURT
01 CITY : SARATOGA
STATE/ZIP : CA 95070
MORTGAGE AMOUNT : 519,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 518,563.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,409.47 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.31400
-------------------------------------------------------------------
0 0031904022 MORTGAGORS: HAITHCOX KEVIN
HAITHCOX ISABELLE
REGION CODE ADDRESS : 111 EAST SANTA INEZ AVENUE
01 CITY : SAN MATEO
STATE/ZIP : CA 94401
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,022.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.00000
-------------------------------------------------------------------
0 0031904030 MORTGAGORS: TAKI KIYOTAKI
TAKI TOMOKO
REGION CODE ADDRESS : 7203 ANJOU CREEK CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 282,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,040.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/18
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 59.49400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,689,800.00
P & I AMT: 11,490.32
UPB AMT: 1,688,583.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 529
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031904196 MORTGAGORS: VAN BEZOOIJEN ERIC
REGION CODE ADDRESS : 31 ERIN LANE
01 CITY : HALF MOON BAY
STATE/ZIP : CA 94019
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,763.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.94100
-------------------------------------------------------------------
0 0031904261 MORTGAGORS: JOHNSON RICKY
JOHNSON GUADALUPE
REGION CODE ADDRESS : 3113 WISE ROAD
01 CITY : LINCOLN
STATE/ZIP : CA 95648
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 37.50000
-------------------------------------------------------------------
0 0031904279 MORTGAGORS: HAINES-WIDELL LYNNE
HAINES-WIDELL CARLA
REGION CODE ADDRESS : 4421 WHITEWOOD AVENUE
01 CITY : LONG BEACH
STATE/ZIP : CA 90808
MORTGAGE AMOUNT : 294,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,137.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031904311 MORTGAGORS: BLAKE BOBBY
BLAKE ROSLYN
REGION CODE ADDRESS : 13010 ACLARE PLACE
01 CITY : CERRITOS
STATE/ZIP : CA 90703
MORTGAGE AMOUNT : 271,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,894.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.98500
-------------------------------------------------------------------
0 0031905193 MORTGAGORS: BEST GARY
REGION CODE ADDRESS : 15567 VILLAGE DRIVE
01 CITY : LAKE OSWEGO
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 484,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 483,562.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,059.21 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 77.07000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,614,750.00
P & I AMT: 10,850.21
UPB AMT: 1,614,312.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 530
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031905219 MORTGAGORS: ANDERSON ROBERT
ANDERSON GAYLE
REGION CODE ADDRESS : 825 ASHLEY LANE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 563,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 562,118.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,840.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.59800
-------------------------------------------------------------------
0 0031905326 MORTGAGORS: GARRIDO-LECCA ROBERT
GARRIDO-LECCA DIANE
REGION CODE ADDRESS : 2590 CAMINO DEL PLATA
01 CITY : CORONA
STATE/ZIP : CA 91720
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031905474 MORTGAGORS: BORNFELD STEPHEN
BORNFELD CATHERINE
REGION CODE ADDRESS : 1478 NORTH ALTADENA DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031905482 MORTGAGORS: EWING THOMAS
EWING ANCHAN
REGION CODE ADDRESS : 133 BLAND AVENUE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,167.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.00000
-------------------------------------------------------------------
0 0031905490 MORTGAGORS: KANJI NAUSHER
KANJI AZMINA
REGION CODE ADDRESS : 1454 AVENIDA DE CORTEZ
01 CITY : PACIFIC PALISADES
STATE/ZIP : CA 90272
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,638.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,280.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.89500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,011,000.00
P & I AMT: 13,620.30
UPB AMT: 2,009,757.51
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 531
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031905508 MORTGAGORS: BRACY JACQUELINE
REGION CODE ADDRESS : 6837 STARLINE STREET,
01 CITY : LA VERNE
STATE/ZIP : CA 91750
MORTGAGE AMOUNT : 333,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,720.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,187.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031905524 MORTGAGORS: MORRISON JOHN
MORRISON LINDA
REGION CODE ADDRESS : 394 CLARENCE AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94086
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 : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.07400
-------------------------------------------------------------------
0 0031905615 MORTGAGORS: GLICKMAN MARTIN
REGION CODE ADDRESS : 17113 GLEDHILL STREET
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91325
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 : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031905649 MORTGAGORS: WEDDLE PAUL
WOODWARD CHARLENE
REGION CODE ADDRESS : 3604 GARNER PLACE
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.68 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031905656 MORTGAGORS: WHITMAN STEPHEN
WHITMAN DEBRA
REGION CODE ADDRESS : 1919 ALDERWOOD CIRCLE
01 CITY : VISTA
STATE/ZIP : CA 92083
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,772.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,474,000.00
P & I AMT: 9,716.01
UPB AMT: 1,473,234.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 532
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031905664 MORTGAGORS: VANDERPOOL JOHN
VANDERPOOL MYONG
REGION CODE ADDRESS : 5626 RAVENNA COURT
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 249,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,635.76 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 46.36800
-------------------------------------------------------------------
0 0031905672 MORTGAGORS: SOUTSOS RICHARD
SOUTSOS CYNTHIA
REGION CODE ADDRESS : 6420 E HIGHTREE LANE
01 CITY : ORANGE
STATE/ZIP : CA 92867
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,780.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,653.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 48.57100
-------------------------------------------------------------------
0 0031905698 MORTGAGORS: NORLING MARK
REGION CODE ADDRESS : 4231 SW TERLYN COURT
01 CITY : PORTLAND
STATE/ZIP : OR 97221
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,621.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,853.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 73.33300
-------------------------------------------------------------------
0 0031905714 MORTGAGORS: LIBERMAN ADI
GORDON CATHY
REGION CODE ADDRESS : 17150 BULLOCK STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91316
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031905730 MORTGAGORS: PEIRCE CHRISTOPHER
REGION CODE ADDRESS : 261 VALLEY DRIVE
01 CITY : HERMOSA BEACH
STATE/ZIP : CA 90254
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,767.53 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.22 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,458,000.00
P & I AMT: 9,497.66
UPB AMT: 1,457,169.14
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 533
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031905797 MORTGAGORS: FIGUEROA GILBERT
FIGUEROA ESTHER
REGION CODE ADDRESS : 42 LEDGEWOOD DRIVE
01 CITY : LAS FLORES
STATE/ZIP : CA 92688
MORTGAGE AMOUNT : 351,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,697.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,276.58 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 74.68000
-------------------------------------------------------------------
0 0031905953 MORTGAGORS: STEWART BRADFORD
REGION CODE ADDRESS : 625 KENT OAKS WAY
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20878
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,769.69 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,940.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031906001 MORTGAGORS: VISCONTI WILLIAM
VISCONTI DENISE
REGION CODE ADDRESS : 8 SHETLAND
01 CITY : COTO DE CAZA
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 525,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,492.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.72700
-------------------------------------------------------------------
0 0031906035 MORTGAGORS: RIDGELY PATRICIA
REGION CODE ADDRESS : 27030 MALIBU COLONY DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,668.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,899.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 26.98400
-------------------------------------------------------------------
0 0031906084 MORTGAGORS: MARGETIC STEPHEN
MARGETIC MICHELE
REGION CODE ADDRESS : 26062 SPUR BRANCH LANE,
01 CITY : LAGUNA HILLS,
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 386,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 386,183.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.56000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,975,500.00
P & I AMT: 13,180.38
UPB AMT: 1,974,319.13
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 534
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031906118 MORTGAGORS: AUH SOO
REGION CODE ADDRESS : 1201 NORTHAMPTON WAY
01 CITY : FULLERTON
STATE/ZIP : CA 92833
MORTGAGE AMOUNT : 269,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031906159 MORTGAGORS: IMAS ALEXANDER
IMAS LUDMILA
REGION CODE ADDRESS : 12195 FIDELIO WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92131
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,779.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,930.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.71800
-------------------------------------------------------------------
0 0031906993 MORTGAGORS: DEBERRY BRENDA
MISNER DEAN
REGION CODE ADDRESS : 1155 SPRUANCE STREET,
01 CITY : SAN JOSE,
STATE/ZIP : CA 95128
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.83300
-------------------------------------------------------------------
0 0031907009 MORTGAGORS: BEARD KEVIN
BEARD D'ARLENE
REGION CODE ADDRESS : 1863 FALLVIEW ROAD
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91361
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,759.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 71.81800
-------------------------------------------------------------------
0 0031907801 MORTGAGORS: MCMULLEN THOMAS
MCMULLEN LAUREN
REGION CODE ADDRESS : 4551 TARANTELLA LANE
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,478.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.47000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,448,100.00
P & I AMT: 9,921.43
UPB AMT: 1,447,117.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 535
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031907819 MORTGAGORS: PIZARRO PEDRO
KOHLER MONICA
REGION CODE ADDRESS : 1767 SAN PASQUAL STREET
01 CITY : PASADENA
STATE/ZIP : CA 91106
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 : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.24500
-------------------------------------------------------------------
0 0031907884 MORTGAGORS: OSBORNE JAMES
OSBORNE SUZIN
REGION CODE ADDRESS : 264 WARD STREET
01 CITY : NEWTON
STATE/ZIP : MA 02459
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 : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.25900
-------------------------------------------------------------------
0 0031907967 MORTGAGORS: DELLAGATTA ALBERT
WASCHER MICHAEL
REGION CODE ADDRESS : 626-628 HAIGHT STREET
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94117
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.92300
-------------------------------------------------------------------
0 0031907975 MORTGAGORS: DRESSENDORFER MICHAEL
DRESSENDORFER WENDY
REGION CODE ADDRESS : 352 REBECCA DRIVE
01 CITY : SAN DIMAS
STATE/ZIP : CA 91773
MORTGAGE AMOUNT : 585,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 584,554.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,040.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.00000
-------------------------------------------------------------------
0 0031907991 MORTGAGORS: MCGUIRE DONALD
MCGUIRE DONNA
REGION CODE ADDRESS : 6621 AVENIDA LA REINA
01 CITY : SAN DIEGO
STATE/ZIP : CA 92037
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 63.06300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,175,000.00
P & I AMT: 14,698.23
UPB AMT: 2,173,077.50
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 536
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908007 MORTGAGORS: ZUCKERMAN ARTHUR
ZUCKERMAN SUSAN
REGION CODE ADDRESS : 5157 SEAGROVE COURT
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,763.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.54500
-------------------------------------------------------------------
0 0031908015 MORTGAGORS: URI RALPH
URI MARCIA
REGION CODE ADDRESS : 1107 GRANVILLE DRIVE
01 CITY : NEWPORT BEACH
STATE/ZIP : CA 92660
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 347,873.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.63600
-------------------------------------------------------------------
0 0031908049 MORTGAGORS: WU MARK
WU SUSAN
REGION CODE ADDRESS : 2438 MOUNT OLIVE LANE
01 CITY : BRADBURY
STATE/ZIP : CA 91010
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 : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908056 MORTGAGORS: KOWALSKI ROBERT
KOWALSKI DAWN
REGION CODE ADDRESS : 5523 FOOTHILL DRIVE
01 CITY : AGOURA HILLS
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 448,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 447,316.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,094.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908064 MORTGAGORS: PRANGE GEORGE
PRANGE LEOTA
REGION CODE ADDRESS : 24708 CHOKE CHERRY LANE
01 CITY : NEWHALL
STATE/ZIP : CA 91321
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,750.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.36800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,910,000.00
P & I AMT: 13,036.67
UPB AMT: 1,903,408.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 537
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908072 MORTGAGORS: THOMAS LESLIE
REGION CODE ADDRESS : 1332 BAJA STREET
01 CITY : LAGUNA BEACH
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,758.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.45 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 54.16600
-------------------------------------------------------------------
0 0031908080 MORTGAGORS: CONNOR WAYNE
CONNOR JEAN
REGION CODE ADDRESS : 252 NAOMI AVENUE WEST
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,735.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,148.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 53.83300
-------------------------------------------------------------------
0 0031908098 MORTGAGORS: STEINBERG MARTHA
REGION CODE ADDRESS : 1295 WEST REDWOOD STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92103
MORTGAGE AMOUNT : 373,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 373,146.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,393.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 53.40000
-------------------------------------------------------------------
0 0031908106 MORTGAGORS: HEDGER PETER
HEDGER DIANE
REGION CODE ADDRESS : 27175 MERRYWEATHER CIRCLE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.13000
-------------------------------------------------------------------
0 0031908114 MORTGAGORS: SHIVELY ROGER
SHIVELY NAOMI
REGION CODE ADDRESS : 24390 LA HOMA
01 CITY : YORBA LINDA
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 443,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,662.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,059.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 69.76300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,924,800.00
P & I AMT: 13,051.68
UPB AMT: 1,922,953.18
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 538
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908122 MORTGAGORS: REIHER PETER
REIHER CATHLEEN
REGION CODE ADDRESS : 2195 STRADELLA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 90077
MORTGAGE AMOUNT : 535,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 534,592.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,695.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.78900
-------------------------------------------------------------------
0 0031908130 MORTGAGORS: GREENBERG LORI
GREENBERG ROBERT
REGION CODE ADDRESS : 6201 ASCOT DRIVE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,740.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,189.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.58700
-------------------------------------------------------------------
0 0031908148 MORTGAGORS: RICHWINE JAMES
RICHWINE DONA-RAE
REGION CODE ADDRESS : 712 GEORGINA AVENUE
01 CITY : SANTA MONICA
STATE/ZIP : CA 90402
MORTGAGE AMOUNT : 600,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 599,531.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,093.06 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.54500
-------------------------------------------------------------------
0 0031908155 MORTGAGORS: BAUDER RICHARD
BAUDER MARCIA
REGION CODE ADDRESS : 321 HIGH POINT DRIVE
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 566,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 564,276.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,861.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.16000
-------------------------------------------------------------------
0 0031908163 MORTGAGORS: CANNELL STEVEN
COLICELLI JOHN
REGION CODE ADDRESS : 1260 LINDA FLORA DRIVE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90049
MORTGAGE AMOUNT : 509,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 508,602.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,472.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 71.69000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,535,000.00
P & I AMT: 17,311.17
UPB AMT: 2,531,744.53
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 539
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908171 MORTGAGORS: HARRIS JEFFREY
HARRIS KATHLEEN
REGION CODE ADDRESS : 19510 223RD AVENUE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 415,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 414,668.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,795.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.87300
-------------------------------------------------------------------
0 0031908189 MORTGAGORS: OVERMAN WILLIAM
OVERMAN RITA
REGION CODE ADDRESS : 370 OCEAN VIEW COURT
01 CITY : ENCINITAS
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 478,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 477,808.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,181.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0031908197 MORTGAGORS: SOUZA ELIZABETH
SOUZA SCOTT
REGION CODE ADDRESS : 1054 SCOTS LANE
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94596
MORTGAGE AMOUNT : 640,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 638,947.72 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,257.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908213 MORTGAGORS: LARSON D.
REGION CODE ADDRESS : 570 FORD AVENUE
01 CITY : SOLANA BEACH
STATE/ZIP : CA 92075
MORTGAGE AMOUNT : 475,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,600.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,120.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.68800
-------------------------------------------------------------------
0 0031908221 MORTGAGORS: ANDERSON KENNETH
ANDERSON SHAWN
REGION CODE ADDRESS : 93 STEPHANIE LANE
01 CITY : ALAMO
STATE/ZIP : CA 94507
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 : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 57.41300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,341,200.00
P & I AMT: 15,655.73
UPB AMT: 2,338,771.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 540
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908239 MORTGAGORS: BIDWELL BRAD
BIDWELL KRISTINE
REGION CODE ADDRESS : 1664 SARDONYX WAY
01 CITY : LIVERMORE
STATE/ZIP : CA 94550
MORTGAGE AMOUNT : 445,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 444,635.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,960.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.55300
-------------------------------------------------------------------
0 0031908247 MORTGAGORS: HERBERT FREDERIC
HERBERT AMIE
REGION CODE ADDRESS : 120 N. DEVEREUX COURT
01 CITY : ATLANTA
STATE/ZIP : GA 30327
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,750.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 52.03252
-------------------------------------------------------------------
0 0031908262 MORTGAGORS: MEAGHER CHRIS
REILLY MEAGHER MAUREEN
REGION CODE ADDRESS : 1580 MINNESOTA AVENUE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,688.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.58400
-------------------------------------------------------------------
0 0031908270 MORTGAGORS: MCKINNON MICHAEL
MCKINNON SHARON
REGION CODE ADDRESS : 4903 PEARLMAN WAY
01 CITY : SAN DIEGO
STATE/ZIP : CA 92130
MORTGAGE AMOUNT : 632,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 630,960.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,204.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.86900
-------------------------------------------------------------------
0 0031908288 MORTGAGORS: HAUER GEORGE
HAUER PAULA
REGION CODE ADDRESS : 6215 AVENIDA CRESTA
01 CITY : LA JOLLA
STATE/ZIP : CA 92037
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 499,609.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 32.78600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,287,000.00
P & I AMT: 15,386.69
UPB AMT: 2,284,644.57
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 541
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908296 MORTGAGORS: OWENS TIM
REGION CODE ADDRESS : 2098 GAINBOROUGH DRIVE
01 CITY : RIVERSIDE
STATE/ZIP : CA 92506
MORTGAGE AMOUNT : 372,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 372,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,601.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908304 MORTGAGORS: MCLEAN CHRISTOPHER
MCLEAN KIRSTEN
REGION CODE ADDRESS : 2807 PITTSBURG STREET
01 CITY : HOUSTON
STATE/ZIP : TX 77005
MORTGAGE AMOUNT : 352,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 351,392.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,283.07 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908312 MORTGAGORS: LARSEN MICHAEL
LARSEN ALLISON
REGION CODE ADDRESS : 6185 STARVIEW DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84098
MORTGAGE AMOUNT : 328,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 327,731.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908338 MORTGAGORS: AMIT GAD
ALMAGOR ELINOAR
REGION CODE ADDRESS : 2731 BELMONT CANYON ROAD
01 CITY : BELMONT
STATE/ZIP : CA 94002
MORTGAGE AMOUNT : 355,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 355,315.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,395.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908346 MORTGAGORS: HUI MELVIN
CHEN JEAN
REGION CODE ADDRESS : 150 SAN MIGUEL DRIVE
01 CITY : ARCADIA
STATE/ZIP : CA 91007
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,721.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.44 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.75000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,738,600.00
P & I AMT: 11,636.54
UPB AMT: 1,737,160.87
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 542
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908353 MORTGAGORS: WERNLI DAVID
WERNLI TAMMY
REGION CODE ADDRESS : 24312 SOUTHEAST 182ND STREET
01 CITY : MAPLE VALLEY
STATE/ZIP : WA 98038
MORTGAGE AMOUNT : 328,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,310.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,299.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 79.59300
-------------------------------------------------------------------
0 0031908387 MORTGAGORS: LADIN DANIEL
LADIN LOREN
REGION CODE ADDRESS : 17852 UPPER CHERRY LANE
01 CITY : LAKE OSWEGO
STATE/ZIP : OR 97034
MORTGAGE AMOUNT : 430,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,638.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,824.80 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031908510 MORTGAGORS: MUSSELWHITE EDWIN
MUSSELWHITE LINDA
REGION CODE ADDRESS : 0 KITE HILL ROAD
01 CITY : SANTA CRUZ
STATE/ZIP : CA 95060
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 38.96100
-------------------------------------------------------------------
0 0031908809 MORTGAGORS: COLLINS HELEN
REGION CODE ADDRESS : 4774 DEVONSHIRE PLACE
01 CITY : SANTA ROSA
STATE/ZIP : CA 95405
MORTGAGE AMOUNT : 427,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 427,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,880.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031908874 MORTGAGORS: KANNER JEANNE
DELARIO JOHN
REGION CODE ADDRESS : 4582 PRESSLEY ROAD
01 CITY : SANTA ROSA
STATE/ZIP : CA 95404
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,292.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,972,300.00
P & I AMT: 13,252.27
UPB AMT: 1,971,449.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 543
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031908965 MORTGAGORS: HILL BRIAN
HILL INGRID
REGION CODE ADDRESS : 950 CANYON VIEW DRIVE,
01 CITY : LAGUNA BEACH,
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 525,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,626.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0031909369 MORTGAGORS: RAFIE MANOUCHEHR
MOGHADDAM MOJGAN
REGION CODE ADDRESS : 529 CHERRYWOOD DRIVE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 442,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 442,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 69.06200
-------------------------------------------------------------------
0 0031909419 MORTGAGORS: ROBINSON CLIFTON
ROBINSON DIXIE
REGION CODE ADDRESS : 22541 CANYON CREST DRIVE
01 CITY : MISSION VIEJO
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,709.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,900.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.67500
-------------------------------------------------------------------
0 0031911563 MORTGAGORS: ROHRBACHER JOHN
ROHRBACHER MARGARET
REGION CODE ADDRESS : 104 DOWITCHER WAY,
01 CITY : SAN RAFAEL,
STATE/ZIP : CA 94901
MORTGAGE AMOUNT : 311,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 310,988.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.69 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0031911688 MORTGAGORS: BLACK BRUCE
BLACK LAURA
REGION CODE ADDRESS : 2487 TUCKAHOE TERRACE
01 CITY : WATSONVILLE
STATE/ZIP : CA 95076
MORTGAGE AMOUNT : 240,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 240,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,639.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.86700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,938,650.00
P & I AMT: 13,078.34
UPB AMT: 1,937,098.32
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 544
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031912090 MORTGAGORS: BROWN PAMELA
CHERRY BRIAN
REGION CODE ADDRESS : 1951 LOMBARDY DRIVE
01 CITY : LA CANADA-FLINTRIDGE
STATE/ZIP : CA 91011
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 : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 52.92300
-------------------------------------------------------------------
0 0031912199 MORTGAGORS: KAHAN JOHN
KAHAN HEATHER
REGION CODE ADDRESS : 242 BARRACK HILL ROAD
01 CITY : RIDGEFIELD
STATE/ZIP : CT 06877
MORTGAGE AMOUNT : 403,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 403,161.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,650.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 65.60900
-------------------------------------------------------------------
0 0031912207 MORTGAGORS: VELLIS COSTAS
VELLIS MEENA
REGION CODE ADDRESS : 2315 ADELINE DRIVE
01 CITY : BURLINGAME
STATE/ZIP : CA 94010
MORTGAGE AMOUNT : 343,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,739.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,369.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.34400
-------------------------------------------------------------------
0 0031912306 MORTGAGORS: ROCKWELL MICHAEL
ROCKWELL KATHLEEN
REGION CODE ADDRESS : 15844 BRIDGEVIEW DRIVE
01 CITY : ANCHORAGE
STATE/ZIP : AK 99516
MORTGAGE AMOUNT : 305,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,724.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,927.81 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 84.72200
-------------------------------------------------------------------
0 0031912348 MORTGAGORS: HAMMILL CAROL
REGION CODE ADDRESS : 11767 PRESTON TRAIL AVENUE
01 CITY : NORTHRIDGE AREA
STATE/ZIP : CA 91326
MORTGAGE AMOUNT : 293,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,771.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,998.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.43200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,688,500.00
P & I AMT: 11,206.16
UPB AMT: 1,687,106.70
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 545
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031912413 MORTGAGORS: SCHIRRIPA YVETTE
SCHIRRIPA JEFFREY
REGION CODE ADDRESS : 26 FOX ROAD
01 CITY : SETAUKET
STATE/ZIP : NY 11733
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,845.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,825.58 OUTSIDE CONV DATE :
LIFETIME RATE : 8.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 8.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0031912462 MORTGAGORS: KAWAMOTO CHERYL
KAWAMOTO GUNICHI
REGION CODE ADDRESS : 425 SOUTH ROOSEVELT AVENUE
01 CITY : PASADENA
STATE/ZIP : CA 91107
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,592.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,649.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031913999 MORTGAGORS: JACOBSEN LARRY
JACOBSEN DONNA
REGION CODE ADDRESS : 118 NORTH NAVARRA DRIVE
01 CITY : SCOTTS VALLEY
STATE/ZIP : CA 95066
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.34900
-------------------------------------------------------------------
0 0031915291 MORTGAGORS: HILL JOHN
HILL CHRISTIANA
REGION CODE ADDRESS : 2441 STEAMBOAT SPRINGS COURT
01 CITY : CHULA VISTA
STATE/ZIP : CA 91915
MORTGAGE AMOUNT : 242,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 89.87400
-------------------------------------------------------------------
0 0031915366 MORTGAGORS: CONTI JAMES
CONTI GINA
REGION CODE ADDRESS : 17552 BATES CIRCLE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92649
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,663.26 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 46.81600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,283,250.00
P & I AMT: 8,762.16
UPB AMT: 1,282,687.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 546
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031915390 MORTGAGORS: FINNERTY PETER
FINNERTY DEBORAH
REGION CODE ADDRESS : 1655 LOUISE STREET,
01 CITY : LAGUNA BEACH,
STATE/ZIP : CA 92651
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 360,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,425.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 53.33300
-------------------------------------------------------------------
0 0031915424 MORTGAGORS: MORALEZ LUNDY
MORALEZ JUNE
REGION CODE ADDRESS : 4325 MONTEREY COURT
01 CITY : BYRON
STATE/ZIP : CA 94514
MORTGAGE AMOUNT : 438,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 438,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,916.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.28800
-------------------------------------------------------------------
0 0031915465 MORTGAGORS: THOMAS JOHN
THOMAS GLORIA
REGION CODE ADDRESS : 37420 LETA DRIVE
01 CITY : CALIMESA
STATE/ZIP : CA 92320
MORTGAGE AMOUNT : 242,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,591.09 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 94.98000
-------------------------------------------------------------------
0 0031915499 MORTGAGORS: BATTILLO THOMAS
BATTILLO LISA
REGION CODE ADDRESS : 5 COUNTRY LANE THE TOWNSHIP OF ROXB
01 CITY : COUNTY OF MORRIS
STATE/ZIP : NJ 07885
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 : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.48600
-------------------------------------------------------------------
0 0031915572 MORTGAGORS: BARTON STEPHEN
BARTON VICKIE
REGION CODE ADDRESS : 512 SAINT ANDREWS DRIVE
01 CITY : APTOS
STATE/ZIP : CA 95003
MORTGAGE AMOUNT : 359,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 64.68400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,682,500.00
P & I AMT: 11,269.66
UPB AMT: 1,682,078.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 547
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031915721 MORTGAGORS: NUZZO C.
REGION CODE ADDRESS : 10 PEPPERBUSH LANE
01 CITY : GUILFORD
STATE/ZIP : CT 06437
MORTGAGE AMOUNT : 262,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,427.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 77.05800
-------------------------------------------------------------------
0 0031916208 MORTGAGORS: JONES ROBERT
JONES CHRISTINE
REGION CODE ADDRESS : 661 SOUTH COVERED WAGON TRAIL
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 254,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,186.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,671.23 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031917099 MORTGAGORS: THORNTON JON
REGION CODE ADDRESS : 225 VIA SOCORRO
01 CITY : SAN CLEMENTE
STATE/ZIP : CA 92672
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0031917156 MORTGAGORS: GOREY DAVID
GOREY CHRISTY
REGION CODE ADDRESS : 24871 LARGO DRIVE
01 CITY : LAGUNA HILLS
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,735.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,920.94 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 88.75700
-------------------------------------------------------------------
0 0031917164 MORTGAGORS: ROUSH EDWARD
ROUSH LINDA
REGION CODE ADDRESS : 6010 CIELO VISTA COURT
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,773.56 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.82 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 52.60000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,362,600.00
P & I AMT: 9,084.33
UPB AMT: 1,361,322.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 548
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0031917230 MORTGAGORS: NINETE DANIEL
NINETE BARBARA
REGION CODE ADDRESS : 988 NORTH BIG SKY LANE
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 344,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,860.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,260.83 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99200
-------------------------------------------------------------------
0 0070214762 MORTGAGORS: SCHWARTZ IRA
SCHWARTZ RANDI
REGION CODE ADDRESS : 11 STRATHMORE RD.
01 CITY : GREAT NECK
STATE/ZIP : NY 11023
MORTGAGE AMOUNT : 467,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 467,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,108.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 66.74286
-------------------------------------------------------------------
0 0070293196 MORTGAGORS: WHITE BRUCE
REGION CODE ADDRESS : 2109 SHOWERS DRIVE
01 CITY : Mountain View
STATE/ZIP : CA 94040
MORTGAGE AMOUNT : 277,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,871.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070297205 MORTGAGORS: MCCAFFREY BARRY
MCCAFFREY JILL
REGION CODE ADDRESS : 506 CROWN VIEW DRIVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,760.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0070340690 MORTGAGORS: BARLOW JOSEPH
BARLOW HELEN
REGION CODE ADDRESS : 8 DRAKE ROAD
01 CITY : SCARSDALE
STATE/ZIP : NY 10583
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 330,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 67.34694
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,734,100.00
P & I AMT: 11,639.27
UPB AMT: 1,733,571.17
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 549
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070342472 MORTGAGORS: MARKOWITZ AVRAHAM
MARKOWITZ ADELINE
REGION CODE ADDRESS : 27 STRATHMORE ROAD
01 CITY : GREAT NECK
STATE/ZIP : NY 11023
MORTGAGE AMOUNT : 328,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 328,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,214.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.17391
-------------------------------------------------------------------
0 0070343033 MORTGAGORS: ANDRIAN ELAINE
GREENBERG EDWARD
REGION CODE ADDRESS : 19 WINSHIP AVENUE
01 CITY : SAN ANSELMO
STATE/ZIP : CA 94957
MORTGAGE AMOUNT : 466,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 466,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,142.90 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 51.83333
-------------------------------------------------------------------
0 0070344742 MORTGAGORS: KRASTEIN GREGORY
KRASTEIN MARIANA
REGION CODE ADDRESS : 2120 VIA MONTECITO
01 CITY : CAMARILLO
STATE/ZIP : CA 93012
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,235.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.36364
-------------------------------------------------------------------
0 0070345467 MORTGAGORS: MARECI JAMES
MARECI LORIE
REGION CODE ADDRESS : 25101 PASEO ARBOLEDA
01 CITY : LAKE FOREST
STATE/ZIP : CA 92630
MORTGAGE AMOUNT : 244,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,646.57 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 74.06061
-------------------------------------------------------------------
0 0070350160 MORTGAGORS: ERNESTO MICHAEL
ERNESTO MARIANNE
REGION CODE ADDRESS : 4825 25TH STREET, NORTH
01 CITY : ARLINGTON
STATE/ZIP : VA 22207
MORTGAGE AMOUNT : 297,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,003.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.44792
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,673,050.00
P & I AMT: 11,243.38
UPB AMT: 1,673,050.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 550
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070353347 MORTGAGORS: AUGUSTYN ROGER
AUGUSTYN ELIZABETH
REGION CODE ADDRESS : 2614 NORTH 157TH STREET
01 CITY : OMAHA
STATE/ZIP : NE 68116
MORTGAGE AMOUNT : 256,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99003
-------------------------------------------------------------------
0 0070364047 MORTGAGORS: CHANDLER ELIZABETH
REGION CODE ADDRESS : 116 RUBY AVENUE
01 CITY : SAN CARLOS
STATE/ZIP : CA 94070
MORTGAGE AMOUNT : 260,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,711.30 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 57.88889
-------------------------------------------------------------------
0 0070366588 MORTGAGORS: GRANT JAMES
GRANT NICOLA
REGION CODE ADDRESS : 296 LITTLE PLAINS ROAD
01 CITY : SOUTHAMPTON
STATE/ZIP : NY 11968
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 395,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,728.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.12935
-------------------------------------------------------------------
0 0070371976 MORTGAGORS: WINGATE MARK
WINGATE RHONDA
REGION CODE ADDRESS : 635 PORTICO POINT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,709.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 74.54819
-------------------------------------------------------------------
0 0070372297 MORTGAGORS: GREESON HOWARD
GREESON SUZAN
REGION CODE ADDRESS : 1279 OCEAN BLVD WEST
01 CITY : HOLDEN BEAC
STATE/ZIP : NC 28462
MORTGAGE AMOUNT : 278,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,898.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 66.27381
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,438,050.00
P & I AMT: 9,798.88
UPB AMT: 1,438,050.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 551
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070375647 MORTGAGORS: LIEBERMAN MYRON
LIEBERMAN ARLENE
REGION CODE ADDRESS : 12 30TH AVENUE
01 CITY : VENICE
STATE/ZIP : CA 90291
MORTGAGE AMOUNT : 487,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 487,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,326.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.67143
-------------------------------------------------------------------
0 0070376215 MORTGAGORS: VALERO BERNARDO
VALERO SUSAN
REGION CODE ADDRESS : 6679 SOUTHTWEST 59TH STREE
01 CITY : MIAMI
STATE/ZIP : FL 33143
MORTGAGE AMOUNT : 277,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,895.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 84.18182
-------------------------------------------------------------------
0 0070377692 MORTGAGORS: GURSKY HOWARD
GURSKY SUSAN
REGION CODE ADDRESS : 6 MEADOW RD.
01 CITY : OLD WESTBURY
STATE/ZIP : NY 11568
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 649,480.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,379.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.27000
-------------------------------------------------------------------
0 0070388566 MORTGAGORS: MCMENAMIN JOHN
MCMENAMIN NANCY
REGION CODE ADDRESS : 14 GRANITE ROAD
01 CITY : WILMINGTON
STATE/ZIP : DE 19803
MORTGAGE AMOUNT : 261,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,301.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.91176
-------------------------------------------------------------------
0 0070390067 MORTGAGORS: SOLL EDWARD
SOLL KAREN
REGION CODE ADDRESS : 434 LAKESHORE PARKWAY
01 CITY : NEW ORLEANS
STATE/ZIP : LA 70124
MORTGAGE AMOUNT : 610,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 609,535.84 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,213.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.50000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,287,000.00
P & I AMT: 15,620.47
UPB AMT: 2,285,817.06
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 552
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070391479 MORTGAGORS: MCCORMACK JOHN
MCCORMACK JOYCE
REGION CODE ADDRESS : 13 CANTERBURY WAY
01 CITY : WAYNE
STATE/ZIP : NJ 07470
MORTGAGE AMOUNT : 284,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,967.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.00000
-------------------------------------------------------------------
0 0070398151 MORTGAGORS: GARROW RALPH
GARROW EDITH
REGION CODE ADDRESS : 1601 CAMMAR DRIVE
01 CITY : WALL
STATE/ZIP : NJ 07719
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,712.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070398805 MORTGAGORS: SINGER STEVEN
REGION CODE ADDRESS : 239 EAST 79TH STREET #8L
01 CITY : New York
STATE/ZIP : NY 10028
MORTGAGE AMOUNT : 255,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0070400445 MORTGAGORS: OSMANI HASAN
OSMANI NURIJE
REGION CODE ADDRESS : 11 TRAPPING WAY LANE
01 CITY : MT PLEASANT
STATE/ZIP : NY 10570
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 38.02632
-------------------------------------------------------------------
0 0070415534 MORTGAGORS: CZARNECKI JOSEPH
REGION CODE ADDRESS : 21803 OCEAN VISTA DRIVE
01 CITY : LAGUNA BEAC
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,796.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,346,800.00
P & I AMT: 9,230.72
UPB AMT: 1,346,800.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 553
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070416243 MORTGAGORS: ALU T
ALU DIANA
REGION CODE ADDRESS : 727 8TH STREET
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 540,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 540,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,683.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 54.00000
-------------------------------------------------------------------
0 0070416425 MORTGAGORS: SMITH ROBERT
SMITH GWEN
REGION CODE ADDRESS : 7510 PALMYRA AVENUE
01 CITY : LAS VEGAS
STATE/ZIP : NV 89117
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.06897
-------------------------------------------------------------------
0 0070416458 MORTGAGORS: KABEL JAMES
KABEL DEBRA
REGION CODE ADDRESS : 1056 FOXHURST WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 456,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,115.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.13605
-------------------------------------------------------------------
0 0070423090 MORTGAGORS: BROWN PETER
BROWN SUSAN
REGION CODE ADDRESS : 1430 HOLLYWOOD AVENUE
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 55.46875
-------------------------------------------------------------------
0 0070423686 MORTGAGORS: PRAPLASKI MICHAEL
PRAPLASKI JONI
REGION CODE ADDRESS : 1 TURNBRIDGE LANE
01 CITY : EAST WHITEH
STATE/ZIP : PA 19355
MORTGAGE AMOUNT : 318,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,750.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,922,950.00
P & I AMT: 13,087.89
UPB AMT: 1,922,950.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 554
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070426366 MORTGAGORS: HEIN JOHN
HEIN DENISE
REGION CODE ADDRESS : 5613 MIREILLE DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95118
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,358.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 61.40351
-------------------------------------------------------------------
0 0070429204 MORTGAGORS: ALPERIN MIKHAIL
ALPERIN IRINA
REGION CODE ADDRESS : 64 INDIAN RIDGE ROAD
01 CITY : Newton
STATE/ZIP : MA 02164
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 : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.97000
-------------------------------------------------------------------
0 0070429337 MORTGAGORS: PEDERSEN INGRID
GAREFINO JOSEPH
REGION CODE ADDRESS : 1 KUHARS WAY
01 CITY : NEWTOWN
STATE/ZIP : PA 18940
MORTGAGE AMOUNT : 277,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,868.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.39118
-------------------------------------------------------------------
0 0070429790 MORTGAGORS: CAVAZOS EDWARD
CAVAZOS SUSAN
REGION CODE ADDRESS : 1872 RIDGEVIEW DRIVE
01 CITY : ROSEVILLE
STATE/ZIP : CA 95661
MORTGAGE AMOUNT : 283,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,907.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070430079 MORTGAGORS: COOKE RONALD
COOKE MELINDA
REGION CODE ADDRESS : 43 BASSWOOD AVENUE
01 CITY : OAK PARK
STATE/ZIP : CA 91301
MORTGAGE AMOUNT : 270,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 270,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,820.39 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.11268
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,488,700.00
P & I AMT: 10,081.87
UPB AMT: 1,488,700.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 555
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070430129 MORTGAGORS: BEECHAM ROBERT
LOPEZ MARIA
REGION CODE ADDRESS : 131 EAST SUNRISE AVENUE
01 CITY : CORAL GABLE
STATE/ZIP : FL 33133
MORTGAGE AMOUNT : 391,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,639.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 77.13583
-------------------------------------------------------------------
0 0070431028 MORTGAGORS: YEH TIMOTHY
JAMES LAURA
REGION CODE ADDRESS : 18041 BROADWAY TERRACE
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 385,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,627.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.20000
-------------------------------------------------------------------
0 0070432877 MORTGAGORS: JUBAK JAMES
D' AMICO MARIE
REGION CODE ADDRESS : 895 WEST END AVENUE # 3D
01 CITY : New York
STATE/ZIP : NY 10025
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 44.80000
-------------------------------------------------------------------
0 0070432927 MORTGAGORS: KOZIOL RICHARD
KOZIOL PATRICIA
REGION CODE ADDRESS : 684 RED OAK LANE
01 CITY : KINNELON
STATE/ZIP : NJ 07405
MORTGAGE AMOUNT : 246,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 246,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,948.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 62.40506
-------------------------------------------------------------------
0 0070433529 MORTGAGORS: MCCOMB GERALD
MCCOMB CHRISTINE
REGION CODE ADDRESS : 26109 NORTHEAST 27TH DRIVE
01 CITY : REDMOND
STATE/ZIP : WA 98053
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,753.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 64.25000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,560,550.00
P & I AMT: 10,879.27
UPB AMT: 1,560,550.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 556
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070436704 MORTGAGORS: RUDOLPH WARREN
AMBORT RUDOL REBECCA
REGION CODE ADDRESS : 9421 GRACKLE AVENUE
01 CITY : FOUNTAIN VA
STATE/ZIP : CA 92708
MORTGAGE AMOUNT : 252,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,722.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.37313
-------------------------------------------------------------------
0 0070436720 MORTGAGORS: COLLINS VIRGIL
COLLINS BRENDA
REGION CODE ADDRESS : 7913 TURTLE VALLEY DRIVE
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 283,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,045.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.88820
-------------------------------------------------------------------
0 0070438577 MORTGAGORS: BARBOUR RODNEY
BARBOUR SHERI
REGION CODE ADDRESS : 103 WOLCOT COURT
01 CITY : FOLSOM
STATE/ZIP : CA 95630
MORTGAGE AMOUNT : 291,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,986.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.78082
-------------------------------------------------------------------
0 0070441076 MORTGAGORS: BURKE JAMES
BURKE RITA
REGION CODE ADDRESS : 28472 VIA PASITO
01 CITY : SAN JUAN CA
STATE/ZIP : CA 92675
MORTGAGE AMOUNT : 460,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 460,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,099.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 63.44828
-------------------------------------------------------------------
0 0070441498 MORTGAGORS: HAM TREVOR
HAM STEFANIE
REGION CODE ADDRESS : 22 SAN MARCOS TRAIL
01 CITY : SANTA FE
STATE/ZIP : NM 87505
MORTGAGE AMOUNT : 400,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 400,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,694.87 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.11798
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,686,700.00
P & I AMT: 11,548.52
UPB AMT: 1,686,700.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 557
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070441506 MORTGAGORS: FERRIS DEAN
FERRIS JOAN
REGION CODE ADDRESS : 9822 AURA AVENUE
01 CITY : NORTHRIDGE
STATE/ZIP : CA 91324
MORTGAGE AMOUNT : 378,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 377,542.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,701.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.72727
-------------------------------------------------------------------
0 0070444724 MORTGAGORS: GERLOCK JAMES
GERLOCK TINA
REGION CODE ADDRESS : 1289 BLUFFVIEW RIDGE DRIVE
01 CITY : CHESTERFIEL
STATE/ZIP : MO 63005
MORTGAGE AMOUNT : 271,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,806.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 82.28788
-------------------------------------------------------------------
0 0070444799 MORTGAGORS: LANE RITA
REGION CODE ADDRESS : 14625 HIDDEN WOOD ROAD
01 CITY : JAMUL
STATE/ZIP : CA 91935
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.80519
-------------------------------------------------------------------
0 0070445499 MORTGAGORS: LONDIN ROBERT
LONDIN CARA
REGION CODE ADDRESS : 60 DIANAS TRAIL
01 CITY : Roslyn
STATE/ZIP : NY 11576
MORTGAGE AMOUNT : 428,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,883.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070445689 MORTGAGORS: DAVENPORT JOHN
DAVENPORT LINDA
REGION CODE ADDRESS : 412 CENTER HILL ROAD
01 CITY : UPPER BLACK
STATE/ZIP : PA 18972
MORTGAGE AMOUNT : 381,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 381,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,538.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 63.60000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,747,150.00
P & I AMT: 11,846.85
UPB AMT: 1,746,692.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 558
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070445804 MORTGAGORS: REISER CARL
REISER DOROTHY
REGION CODE ADDRESS : 10 PROSPECT STREET
01 CITY : MYSTIC
STATE/ZIP : CT 06355
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,845.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070447248 MORTGAGORS: TELANDER THOMAS
S TELANDER SUSAN
REGION CODE ADDRESS : 4817 94TH STREET WEST
01 CITY : BLOOMINGTON
STATE/ZIP : MN 55437
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070447636 MORTGAGORS: SURPIN RICHARD
GOULD SARA
REGION CODE ADDRESS : 410 CLINTON ST
01 CITY : Brooklyn
STATE/ZIP : NY 11231
MORTGAGE AMOUNT : 581,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 581,250.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,014.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0070448204 MORTGAGORS: CROXFORD JUDY
REGION CODE ADDRESS : 13531 SOUTHWEST MINT PLACE
01 CITY : TIGARD
STATE/ZIP : OR 97223
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,800.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,684.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 59.52381
-------------------------------------------------------------------
0 0070450002 MORTGAGORS: VERHOFF ROBERT
VERHOFF GILLIAN
REGION CODE ADDRESS : 21531 BLUEJAY STREET
01 CITY : TRABUCO CAN
STATE/ZIP : CA 92679
MORTGAGE AMOUNT : 336,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,265.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.04167
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,722,650.00
P & I AMT: 11,582.76
UPB AMT: 1,722,450.08
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 559
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070451950 MORTGAGORS: THOMAS PHILIP
THOMAS LEELA
REGION CODE ADDRESS : 26433 161ST PL SE
01 CITY : Kent
STATE/ZIP : WA 98042
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 : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.04000
-------------------------------------------------------------------
0 0070452289 MORTGAGORS: CESAR KEVIN
MCCORMICK MARY
REGION CODE ADDRESS : 300 CUPERTINO WAY
01 CITY : SAN MATEO
STATE/ZIP : CA 94403
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,686.36 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 71.23288
-------------------------------------------------------------------
0 0070453550 MORTGAGORS: LULL MICHAEL
LULL DENISE
REGION CODE ADDRESS : 36 DEGRAAF CT
01 CITY : MAHWAH
STATE/ZIP : NJ 07430
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 350,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,387.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 40.00000
-------------------------------------------------------------------
0 0070453899 MORTGAGORS: SILVERMAN JERRY
SILVERMAN LENORA
REGION CODE ADDRESS : 718 HIGHVIEW DRIVE
01 CITY : WYCKOFF
STATE/ZIP : NJ 07481
MORTGAGE AMOUNT : 335,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,200.71 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.79167
-------------------------------------------------------------------
0 0070457304 MORTGAGORS: CARRATU RICHARD
CARRATU MARGARET
REGION CODE ADDRESS : 174 INDIAN WATERS
01 CITY : New Canaan
STATE/ZIP : CT 06840
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,119.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 79.37000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,770,000.00
P & I AMT: 11,529.06
UPB AMT: 1,770,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 560
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070458039 MORTGAGORS: FERRO STEPHEN
FERRO CHRISTINE
REGION CODE ADDRESS : 4921 ROUNDTREE DRIVE
01 CITY : CAMPBELL
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 280,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,887.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 68.31707
-------------------------------------------------------------------
0 0070459078 MORTGAGORS: THOMAS JAMES
THOMAS DIANNE
REGION CODE ADDRESS : 5000 SHADY ISLE POINT
01 CITY : SHOREWOOD
STATE/ZIP : MN 55364
MORTGAGE AMOUNT : 557,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 557,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,407.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/18
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 46.46667
-------------------------------------------------------------------
0 0070460324 MORTGAGORS: YOUNG JAMES
YOUNG ANAMARIA
REGION CODE ADDRESS : 3622 WALDWICK CIRCLE
01 CITY : Shingle Springs
STATE/ZIP : CA 95682
MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,755.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.06000
-------------------------------------------------------------------
0 0070460563 MORTGAGORS: MADANES LOVEJOY
MADANES LOUIE
REGION CODE ADDRESS : 3119 BUTTE STREET
01 CITY : SANTA CLARA
STATE/ZIP : CA 95051
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,679.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.07246
-------------------------------------------------------------------
0 0070462494 MORTGAGORS: IRWIN CHRIS
REGION CODE ADDRESS : 25881 ERNESTINE COURT
01 CITY : LAGUNA HILL
STATE/ZIP : CA 92653
MORTGAGE AMOUNT : 252,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,656.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.07246
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,599,800.00
P & I AMT: 11,385.25
UPB AMT: 1,599,800.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 561
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070462627 MORTGAGORS: WALKER WILLIAM
WALKER BELINDA
REGION CODE ADDRESS : 11928 ROPP LANE
01 CITY : LOVETTSVILL
STATE/ZIP : VA 20180
MORTGAGE AMOUNT : 291,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,963.22 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.10309
-------------------------------------------------------------------
0 0070463633 MORTGAGORS: TASSONE RICHARD
TASSONE KIMBERLY
REGION CODE ADDRESS : 65 OAK ROAD
01 CITY : Katonah
STATE/ZIP : NY 10536
MORTGAGE AMOUNT : 260,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.74000
-------------------------------------------------------------------
0 0070463856 MORTGAGORS: MC KERNAN PATRICK
MC KERNAN DARLENE
REGION CODE ADDRESS : 3101 GOSHEFF LANE
01 CITY : GAMBRILLS
STATE/ZIP : MD 21054
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.76768
-------------------------------------------------------------------
0 0070466248 MORTGAGORS: FINN BARBARA
REGION CODE ADDRESS : 11681 CASTILE WAY
01 CITY : San Diego
STATE/ZIP : CA 92128
MORTGAGE AMOUNT : 265,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,809.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0070468590 MORTGAGORS: AEMISEGGER ALAN
AEMISEGGER LORI
REGION CODE ADDRESS : 3320 CRANBROOK COURT
01 CITY : OAKTON
STATE/ZIP : VA 22124
MORTGAGE AMOUNT : 261,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,780.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 77.67857
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,458,600.00
P & I AMT: 9,893.44
UPB AMT: 1,458,600.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 562
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070469069 MORTGAGORS: DIPALO MARC
NOTO CAROLYN
REGION CODE ADDRESS : 26 WESTHILL CIRCLE
01 CITY : Stamford
STATE/ZIP : CT 06902
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,733.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,162.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.13000
-------------------------------------------------------------------
0 0070471206 MORTGAGORS: DIAMOND SCOTT
BAIRD DEBORAH
REGION CODE ADDRESS : 2404 SPRUCE STREET
01 CITY : PHILADELPHI
STATE/ZIP : PA 19103
MORTGAGE AMOUNT : 338,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 338,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,277.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 69.69072
-------------------------------------------------------------------
0 0070471255 MORTGAGORS: DEETZ STANLEY
REGION CODE ADDRESS : 2430 VASSAR
01 CITY : BOULDER
STATE/ZIP : CO 80303
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 : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 73.17073
-------------------------------------------------------------------
0 0070471974 MORTGAGORS: GELIN BESIM
GELIN MERIC
REGION CODE ADDRESS : 21110 LARIAT COURT
01 CITY : WALNUT
STATE/ZIP : CA 91789
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.29787
-------------------------------------------------------------------
0 0070471982 MORTGAGORS: HAYDEN ARTHUR
HAYDEN PHYLLIS
REGION CODE ADDRESS : 5517 NORTH HAWTHORNE WAY
01 CITY : RALEIGH
STATE/ZIP : NC 27613
MORTGAGE AMOUNT : 267,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,781.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.40845
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,504,700.00
P & I AMT: 10,064.50
UPB AMT: 1,504,433.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 563
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070473343 MORTGAGORS: FRAHM GEORGE
FRAHM DEBORAH
REGION CODE ADDRESS : 1537 RANCHO HILLS DRIVE
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,995.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0070473855 MORTGAGORS: WILSON JACK
WILSON JOYCE
REGION CODE ADDRESS : 3212 UPPER WYNNEWOOD PLACE
01 CITY : HERNDON
STATE/ZIP : VA 20171
MORTGAGE AMOUNT : 370,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 370,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,619.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 58.36220
-------------------------------------------------------------------
0 0070473921 MORTGAGORS: CORNELL GARY
BLYTHE DIANA
REGION CODE ADDRESS : 23623 NARCISSUS CIRCLE
01 CITY : MORENO VALL
STATE/ZIP : CA 92388
MORTGAGE AMOUNT : 321,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 69.40541
-------------------------------------------------------------------
0 0070474010 MORTGAGORS: CORDONNIER WILLIAM
CORDONNIER SUSAN
REGION CODE ADDRESS : 186 BASQUE DRIVE
01 CITY : TRUCKEE
STATE/ZIP : CA 96161
MORTGAGE AMOUNT : 254,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,695.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 47.20370
-------------------------------------------------------------------
0 0070474796 MORTGAGORS: ERLENBORN DANIEL
ERLENBORN KATHERINE
REGION CODE ADDRESS : 4535 Q STREET NW
01 CITY : Washington
STATE/ZIP : DC 20007
MORTGAGE AMOUNT : 247,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,623.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 71.86000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,493,700.00
P & I AMT: 10,070.64
UPB AMT: 1,493,700.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 564
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070475397 MORTGAGORS: YOSHINO FRANK
REGION CODE ADDRESS : 28 PARKCREST
01 CITY : IRVINE
STATE/ZIP : CA 92620
MORTGAGE AMOUNT : 309,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,055.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 61.80000
-------------------------------------------------------------------
0 0070475496 MORTGAGORS: NANGLE MICHAEL
NANGLE PAULA
REGION CODE ADDRESS : 4720 DICKINSON WAY
01 CITY : BUCKINGHAM
STATE/ZIP : PA 18901
MORTGAGE AMOUNT : 326,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,174.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 71.04348
-------------------------------------------------------------------
0 0070475504 MORTGAGORS: KOLLEDA BRUCE
KOLLEDA GLORIA
REGION CODE ADDRESS : 2287 LAKE RIDGE TERRACE
01 CITY : LAWRENCEVIL
STATE/ZIP : GA 30245
MORTGAGE AMOUNT : 304,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,650.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,026.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.04286
-------------------------------------------------------------------
0 0070475645 MORTGAGORS: SARGENT ROGER
SARGENT MARCIA
REGION CODE ADDRESS : 455 NEW ZEALAND REACH
01 CITY : CHESAPEAKE
STATE/ZIP : VA 23322
MORTGAGE AMOUNT : 318,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,120.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 87.34247
-------------------------------------------------------------------
0 0070475900 MORTGAGORS: SAN LLOYD
SAN STACIE
REGION CODE ADDRESS : 4703 MORESBY DRIVE
01 CITY : TORRANCE
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 272,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,814.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.33243
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,532,050.00
P & I AMT: 10,192.76
UPB AMT: 1,532,050.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 565
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070476536 MORTGAGORS: WILNER JOEL
WILNER KELLY
REGION CODE ADDRESS : 53 HOLLYHOCK CIRCLE
01 CITY : SANTA FE
STATE/ZIP : NM 87501
MORTGAGE AMOUNT : 428,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 428,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,779.24 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 51.93939
-------------------------------------------------------------------
0 0070477088 MORTGAGORS: KOERNER ANTHONY
HARDING VICTORIA
REGION CODE ADDRESS : 1555 SCENIC DRIVE
01 CITY : PASADENA
STATE/ZIP : CA 91103
MORTGAGE AMOUNT : 511,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 511,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,399.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 68.59060
-------------------------------------------------------------------
0 0070478938 MORTGAGORS: NESS STEFFANIE
NESS SCOTT
REGION CODE ADDRESS : 488 BAYBERRY LANE
01 CITY : MOUNTAINSID
STATE/ZIP : NJ 07092
MORTGAGE AMOUNT : 292,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,946.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 83.57143
-------------------------------------------------------------------
0 0070481221 MORTGAGORS: SLEVIN TIM
SLEVIN JEANETTE
REGION CODE ADDRESS : 17011 EAST BRACEWOOD DRIVE
01 CITY : HACIENDA HE
STATE/ZIP : CA 91745
MORTGAGE AMOUNT : 254,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,693.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.82353
-------------------------------------------------------------------
0 0070482633 MORTGAGORS: CASTIGLIA JULIE
REGION CODE ADDRESS : 1557 SAN DIEQUITO DR
01 CITY : Del Mar
STATE/ZIP : CA 92014
MORTGAGE AMOUNT : 331,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,850.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 60.34000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,818,450.00
P & I AMT: 12,139.15
UPB AMT: 1,818,450.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 566
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070482823 MORTGAGORS: LANEY NATHANIEL
REGION CODE ADDRESS : 922 VENTURA WAY
01 CITY : MILL VALLEY
STATE/ZIP : CA 94941
MORTGAGE AMOUNT : 264,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,805.95 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/23
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 43.34426
-------------------------------------------------------------------
0 0070484894 MORTGAGORS: TOROSIAN PAUL
TOROSIAN JANIS
REGION CODE ADDRESS : 30 LENAPE COURT
01 CITY : MOUNT LAURE
STATE/ZIP : NJ 08054
MORTGAGE AMOUNT : 273,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.61 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 76.74157
-------------------------------------------------------------------
0 0070486527 MORTGAGORS: HAMILTON EDWARD
HAMILTON JEANNETTE
REGION CODE ADDRESS : 3921 SOUTHWEST 106TH
01 CITY : DAVIE
STATE/ZIP : FL 33328
MORTGAGE AMOUNT : 281,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,871.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.06849
-------------------------------------------------------------------
0 0070487293 MORTGAGORS: GUE RICHARD
GUE SUZANNE
REGION CODE ADDRESS : 28020 ELLIS COURT
01 CITY : Saugus
STATE/ZIP : CA 91350
MORTGAGE AMOUNT : 272,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 272,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 75.69000
-------------------------------------------------------------------
0 0070487921 MORTGAGORS: CANNING GERALD
CANNING SANDRA
REGION CODE ADDRESS : 2075 ROCK HAVEN DRIVE
01 CITY : RENO
STATE/ZIP : NV 89511
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,272.73 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.88312
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,387,400.00
P & I AMT: 9,535.22
UPB AMT: 1,387,400.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 567
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070488572 MORTGAGORS: CURTIN BRIAN
CURTIN MICHELLE
REGION CODE ADDRESS : 36852 NORTH DEERVIEW DRIVE
01 CITY : LAKE VILLA
STATE/ZIP : IL 60046
MORTGAGE AMOUNT : 263,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,730.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 89.27119
-------------------------------------------------------------------
0 0070488614 MORTGAGORS: MCGOVERN MATTHEW
MCGOVERN KARLA
REGION CODE ADDRESS : 626 MEADE DRIVE SOUTHWEST
01 CITY : LEESBURG
STATE/ZIP : VA 20175
MORTGAGE AMOUNT : 296,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,947.79 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 88.50746
-------------------------------------------------------------------
0 0070489554 MORTGAGORS: MANAHAN PAUL
MANAHAN DONNA
REGION CODE ADDRESS : 2472 EMERALD LANE
01 CITY : LINDENHURST
STATE/ZIP : IL 60046
MORTGAGE AMOUNT : 277,550.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,550.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,823.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 84.10606
-------------------------------------------------------------------
0 0070490578 MORTGAGORS: SANCHEZ RAFAEL
SANCHEZ JENNIFER
REGION CODE ADDRESS : 2863 OPAL COURT
01 CITY : SIMI VALLEY
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070491196 MORTGAGORS: WARD REBECCA
REGION CODE ADDRESS : 24 PARSONS STREET
01 CITY : Brighton
STATE/ZIP : MA 02135
MORTGAGE AMOUNT : 267,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,435.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.90000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,381,050.00
P & I AMT: 9,117.45
UPB AMT: 1,380,835.96
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 568
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070492467 MORTGAGORS: KALINICHENKO GENNADY
KALINICHENKO ANNA
REGION CODE ADDRESS : 5624 SAN FELIPE
01 CITY : HOUSTON
STATE/ZIP : TX 77056
MORTGAGE AMOUNT : 257,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,690.93 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.83582
-------------------------------------------------------------------
0 0070494760 MORTGAGORS: ROSS JAMES
ROSS BRENDA
REGION CODE ADDRESS : 10998 BOULDER CANYON ROAD
01 CITY : RANCHO CUCA
STATE/ZIP : CA 91737
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,836.12 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 77.63889
-------------------------------------------------------------------
0 0070494927 MORTGAGORS: GRISWOLD DAVID
GRISWOLD ESTHER
REGION CODE ADDRESS : 25 BOW ROAD
01 CITY : Newton CENTER
STATE/ZIP : MA 02158
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,744.51 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.08000
-------------------------------------------------------------------
0 0070495007 MORTGAGORS: LI XUESONG
AO XIANLEI
REGION CODE ADDRESS : 60 IVAN STREET
01 CITY : Lexington
STATE/ZIP : MA 02173
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070495213 MORTGAGORS: VITA MATTHEW
VITA KATHRYN
REGION CODE ADDRESS : 6917 WOODSIDE PLACE
01 CITY : Chevy Chase
STATE/ZIP : MD 20815
MORTGAGE AMOUNT : 265,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,771.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,718.78 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.55000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,401,900.00
P & I AMT: 9,173.19
UPB AMT: 1,401,671.85
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 569
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070495379 MORTGAGORS: KOTTAPALLI ANURADHA
REGION CODE ADDRESS : 2235 SKYLINE DRIVE
01 CITY : Milpitas
STATE/ZIP : CA 95035
MORTGAGE AMOUNT : 334,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 334,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,194.14 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 55.67000
-------------------------------------------------------------------
0 0070495536 MORTGAGORS: BURKENBINE ROBERT
BURKENBINE JULIE
REGION CODE ADDRESS : 2635 ROSSMERE STREET
01 CITY : COLORADO SP
STATE/ZIP : CO 80919
MORTGAGE AMOUNT : 333,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 333,150.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,188.56 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 82.05665
-------------------------------------------------------------------
0 0070495593 MORTGAGORS: TEXTOR GARRET
TEXTOR BELINDA
REGION CODE ADDRESS : 4235 ROUS STREET
01 CITY : SAN DIEGO
STATE/ZIP : CA 92122
MORTGAGE AMOUNT : 251,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,652.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.97297
-------------------------------------------------------------------
0 0070495684 MORTGAGORS: TRI WILLIAM
TRI LINDA
REGION CODE ADDRESS : 107 S. DAVIES ROAD
01 CITY : Lake Stevens
STATE/ZIP : WA 98258
MORTGAGE AMOUNT : 410,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 410,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,768.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.02000
-------------------------------------------------------------------
0 0070496575 MORTGAGORS: MOHACSI RHONDA
MOHACSI MICHAEL
REGION CODE ADDRESS : 7400 WEST 83RD STREET
01 CITY : WESTCHESTER
STATE/ZIP : CA 90045
MORTGAGE AMOUNT : 254,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,350.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,607.67 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.98428
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,583,900.00
P & I AMT: 10,410.86
UPB AMT: 1,583,900.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 570
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070496807 MORTGAGORS: PETERSON CLIFF
PETERSON CATHERINE
REGION CODE ADDRESS : 103 WOOL STREET
01 CITY : SAN FRANCIS
STATE/ZIP : CA 94110
MORTGAGE AMOUNT : 291,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,912.98 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 74.66667
-------------------------------------------------------------------
0 0070496955 MORTGAGORS: SPROGIS SERGEY
SPROGIS TATIANA
REGION CODE ADDRESS : 127 JOHN KIRK CT.
01 CITY : Campbell
STATE/ZIP : CA 95008
MORTGAGE AMOUNT : 257,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 73.66000
-------------------------------------------------------------------
0 0070497110 MORTGAGORS: EDELSTEIN DAVID
EDELSTEIN SANDRA
REGION CODE ADDRESS : 14241 FOX RUN ROW
01 CITY : San Diego
STATE/ZIP : CA 92130
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 48.18000
-------------------------------------------------------------------
0 0070497284 MORTGAGORS: MERKLE RAYMOND LEE
MERKLE RAYMOND KATHARINE
REGION CODE ADDRESS : 211 HEATHER LANE
01 CITY : Palo Alto
STATE/ZIP : CA 94303
MORTGAGE AMOUNT : 323,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,068.20 OUTSIDE CONV DATE :
LIFETIME RATE : 6.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.62500 PRODUCT CODE : 002
LTV : 50.08000
-------------------------------------------------------------------
0 0070497839 MORTGAGORS: BERNARD GREGORY
BERNARD ANNE
REGION CODE ADDRESS : 428 OXFORD AVENUE
01 CITY : PALO ALTO
STATE/ZIP : CA 94306
MORTGAGE AMOUNT : 331,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 331,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,065.01 OUTSIDE CONV DATE :
LIFETIME RATE : 6.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.37500 PRODUCT CODE : 002
LTV : 55.16667
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,533,000.00
P & I AMT: 9,956.84
UPB AMT: 1,533,000.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 571
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070498308 MORTGAGORS: WOLFERT TRENT
WOLFERT CINDI
REGION CODE ADDRESS : 27461 TIARA DRIVE
01 CITY : MISSION VIE
STATE/ZIP : CA 92692
MORTGAGE AMOUNT : 294,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,931.37 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 66.81818
-------------------------------------------------------------------
0 0070498761 MORTGAGORS: LEIBOWITZ PAUL
BYRNE TERESA
REGION CODE ADDRESS : 5 HIGH MEADOWS
01 CITY : Mount Kisco
STATE/ZIP : NY 10549
MORTGAGE AMOUNT : 416,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,675.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,837.85 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 11/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070499868 MORTGAGORS: SULLIVAN JOHN
SULLIVAN SUSAN
REGION CODE ADDRESS : 553 BLACKSTRAP RETREAT
01 CITY : MOUNT PLEAS
STATE/ZIP : SC 29464
MORTGAGE AMOUNT : 273,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,793.42 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.75862
-------------------------------------------------------------------
0 0070500103 MORTGAGORS: BENNINGTON MAUREEN
BENNINGTON JOSEPH
REGION CODE ADDRESS : 8138 EAST SPRUCEWOOD
01 CITY : ORANGE
STATE/ZIP : CA 92869
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 250,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,642.32 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.52941
-------------------------------------------------------------------
0 0070500350 MORTGAGORS: KWEY GREGG
KWEY HUANLIE
REGION CODE ADDRESS : 13145 LAKE STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 90066
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,813.12 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: 1,509,000.00
P & I AMT: 10,018.08
UPB AMT: 1,508,675.48
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 572
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070500590 MORTGAGORS: TRAYNOR FRANCIS
TRAYNOR MAUREEN
REGION CODE ADDRESS : 1086 BANCROFT LANE
01 CITY : YARDLEY
STATE/ZIP : PA 19067
MORTGAGE AMOUNT : 251,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 251,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,650.86 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.53125
-------------------------------------------------------------------
0 0070500921 MORTGAGORS: SEELIG ERNST
SEELIG MELANIE
REGION CODE ADDRESS : 52 SADDLE RIDGE ROAD
01 CITY : OSSINING
STATE/ZIP : NY 10562
MORTGAGE AMOUNT : 243,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,596.34 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 59.26829
-------------------------------------------------------------------
0 0070501804 MORTGAGORS: SOUDER KIRK
SOUDER MARY
REGION CODE ADDRESS : 6509 BALLYMORE LANE
01 CITY : CLARKSVILLE
STATE/ZIP : MD 21029
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 258,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,694.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.35484
-------------------------------------------------------------------
0 0070502117 MORTGAGORS: AZEVEDO STEPHEN
AZEVEDO MICHELLE
REGION CODE ADDRESS : 121 HIDDEN GLEN COURT
01 CITY : VACAVILLE
STATE/ZIP : CA 95688
MORTGAGE AMOUNT : 287,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,937.84 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 12/01/23
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0070502521 MORTGAGORS: FISHMAN RITCHARD
FISHMAN LAURA
REGION CODE ADDRESS : 9840 HASTY AVE.
01 CITY : Downey
STATE/ZIP : CA 90240
MORTGAGE AMOUNT : 575,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 575,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,825.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.19000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,614,300.00
P & I AMT: 10,705.41
UPB AMT: 1,614,300.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 573
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070503032 MORTGAGORS: DAVIS BARRY
REGION CODE ADDRESS : 812 THE OLD STATION COURT
01 CITY : Woodbine
STATE/ZIP : MD 21797
MORTGAGE AMOUNT : 252,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 252,300.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.43 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 78.84000
-------------------------------------------------------------------
0 0070503545 MORTGAGORS: MCCLELLAN PATRICK
MCCLELLAN NANCY
REGION CODE ADDRESS : 1038 WALKER AVENUE
01 CITY : OAKLAND
STATE/ZIP : CA 94610
MORTGAGE AMOUNT : 247,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,625.90 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 60.36585
-------------------------------------------------------------------
0 0070504030 MORTGAGORS: FICARRO JOHN
REGION CODE ADDRESS : 340 RUSSO AVENUE
01 CITY : CANFIELD
STATE/ZIP : OH 44406
MORTGAGE AMOUNT : 256,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,707.83 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 65.82051
-------------------------------------------------------------------
0 0070504907 MORTGAGORS: FELDMAN JACK
FELDMAN ANN
REGION CODE ADDRESS : 3036 W. AMES LAKE DRIVE NE
01 CITY : Redmond
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 406,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 406,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,880.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 60.28000
-------------------------------------------------------------------
0 0070504915 MORTGAGORS: DELAY PAUL
STANECKI KAREN
REGION CODE ADDRESS : 511 S ROYAL STREET
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22314
MORTGAGE AMOUNT : 259,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,988.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/18
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 76.17647
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,422,400.00
P & I AMT: 9,859.81
UPB AMT: 1,422,400.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 574
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070506761 MORTGAGORS: MORTON CAROL
REGION CODE ADDRESS : 6028 HALM AVE.
01 CITY : Los Angeles
STATE/ZIP : CA 90056
MORTGAGE AMOUNT : 391,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 391,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,571.88 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0070509393 MORTGAGORS: SILBERT STEVEN
SILBERT BARBARA
REGION CODE ADDRESS : 5515 HOLLY AVENUE
01 CITY : HAVEY CEDARS
STATE/ZIP : NJ 08008
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 320,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070510268 MORTGAGORS: BURNARD ROBERT
BURNARD ANNE
REGION CODE ADDRESS : 1301 ROSEARDEN DRIVE
01 CITY : Forest Grove
STATE/ZIP : OR 97116
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 : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070512132 MORTGAGORS: LIPPERT JAMES
BERG SARAH
REGION CODE ADDRESS : 4590 VIA DEL RANCHO
01 CITY : Thousand Oaks
STATE/ZIP : CA 91320
MORTGAGE AMOUNT : 294,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,983.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
0 0070523600 MORTGAGORS: AUGUSTI MARK
REGION CODE ADDRESS : 3316 N KENMORE ST
01 CITY : Chicago
STATE/ZIP : IL 60657
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 : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 72.94000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,600,900.00
P & I AMT: 10,696.82
UPB AMT: 1,600,900.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 575
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070524509 MORTGAGORS: ENGLE BRADFORD
ENGLE JANA
REGION CODE ADDRESS : 3140 NORTHEAST 19TH AVENUE
01 CITY : PORTLAND
STATE/ZIP : OR 97212
MORTGAGE AMOUNT : 243,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,100.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,658.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 83.11111
-------------------------------------------------------------------
0 0070524608 MORTGAGORS: DUFRAIMONT LAWRENCE
DUFRAIMONT MARGARET
REGION CODE ADDRESS : 17505 S.W. FITCH DRIVE
01 CITY : Sherwood
STATE/ZIP : OR 97140
MORTGAGE AMOUNT : 260,252.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,252.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0070525860 MORTGAGORS: CHILES DAN
CHILES PHYLLIS
REGION CODE ADDRESS : 5961 RIDGE WAY
01 CITY : Yorba Linda
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 500,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,368.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.99000
-------------------------------------------------------------------
0 0070527130 MORTGAGORS: ROSENBAUM DOUGLAS
ROSENBAUM DANA
REGION CODE ADDRESS : 196 ANSELM DRIVE
01 CITY : NORTHAMPTON
STATE/ZIP : PA 18954
MORTGAGE AMOUNT : 287,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,914.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.25620
-------------------------------------------------------------------
0 0070529128 MORTGAGORS: KEISER THOMAS
KEISER SUSAN
REGION CODE ADDRESS : 109 SALASIN DR
01 CITY : Avondale
STATE/ZIP : PA 19311
MORTGAGE AMOUNT : 332,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,700.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,048.49 OUTSIDE CONV DATE :
LIFETIME RATE : 6.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.25000 PRODUCT CODE : 002
LTV : 89.98000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,623,752.00
P & I AMT: 10,764.91
UPB AMT: 1,623,752.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 576
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070531538 MORTGAGORS: SCHUETZ DANIEL
REGION CODE ADDRESS : 2716 NIPOMA ST
01 CITY : San Diego
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 342,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 342,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,304.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.17000
-------------------------------------------------------------------
0 0070534193 MORTGAGORS: FERNANDEZ LEONARDO
FERNANDEZ CARMEN
REGION CODE ADDRESS : 5374 VISTA HERMOSA
01 CITY : Cypress
STATE/ZIP : CA 90630
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 280,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,957.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070534722 MORTGAGORS: PABLO RAY
PABLO ELENA
REGION CODE ADDRESS : 15118 VIA MARAVILLA
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 241,860.00 OPTION TO CONVERT :
UNPAID BALANCE : 241,860.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,728.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 12/01/23
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.63063
-------------------------------------------------------------------
0 0070534797 MORTGAGORS: WRIGHT DONALD
WRIGHT DENISE
REGION CODE ADDRESS : 3111 KNOTTWOOD WAY
01 CITY : Fallbrook
STATE/ZIP : CA 92028
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 300,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,046.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 67.58000
-------------------------------------------------------------------
0 0070535562 MORTGAGORS: BOUCHARD ANDRE
BOUCHARD ANN
REGION CODE ADDRESS : 400 OLD KENNETT ROAD
01 CITY : Greenville
STATE/ZIP : DE 19807
MORTGAGE AMOUNT : 520,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 520,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,416.03 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 47.27000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,683,860.00
P & I AMT: 11,453.23
UPB AMT: 1,683,860.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 577
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070541842 MORTGAGORS: SCHILLER LAWRENCE
REGION CODE ADDRESS : 739 ARMANINI AVENUE
01 CITY : Santa Clara
STATE/ZIP : CA 95050
MORTGAGE AMOUNT : 260,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,800.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,779.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070544473 MORTGAGORS: MARINO CLAUDIO
MARINO CLARE
REGION CODE ADDRESS : 301 VIA ALMANSA
01 CITY : Encinitas
STATE/ZIP : CA 92024
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,751.08 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070547229 MORTGAGORS: LAPP DOUGLAS
LAPP SOCORRO
REGION CODE ADDRESS : 28635 EVENING BREEZE DRIVE
01 CITY : Yorba Linda
STATE/ZIP : CA 92887
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,944.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.20000
-------------------------------------------------------------------
0 0070547476 MORTGAGORS: BOULTON TERENCE
BOULTON MARIA
REGION CODE ADDRESS : 6442 SW BURLINGAME PLACE
01 CITY : Portland
STATE/ZIP : OR 97201
MORTGAGE AMOUNT : 345,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 345,600.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,386.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070549019 MORTGAGORS: FAYE FRANK
REGION CODE ADDRESS : 18253 WAKECREST DRIVE
01 CITY : Malibu
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,561.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 56.20000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,539,600.00
P & I AMT: 10,422.78
UPB AMT: 1,539,600.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 578
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070551098 MORTGAGORS: HARRIS JULIE
REGION CODE ADDRESS : 3851 TIFFANY COURT
01 CITY : Torrance
STATE/ZIP : CA 90505
MORTGAGE AMOUNT : 423,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 423,900.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,963.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070552757 MORTGAGORS: LAMBRIX ROBERT
APPLEBY DOREEN
REGION CODE ADDRESS : 3100 MELODY LANE
01 CITY : Simi Valley
STATE/ZIP : CA 93063
MORTGAGE AMOUNT : 284,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 284,400.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,892.12 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0070560164 MORTGAGORS: SAIFULLAH MICHAEL
SAIFULLAH FARAH
REGION CODE ADDRESS : 6107 FRANCISCAN WAY
01 CITY : San Jose
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 285,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,848.50 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 63.33000
-------------------------------------------------------------------
0 0070560974 MORTGAGORS: BENNETT BRIAN
ZELLMAN SHELLEY
REGION CODE ADDRESS : 13011 GALEWOOD STREET
01 CITY : LOS ANGELES
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 495,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 495,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,418.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.84000
-------------------------------------------------------------------
0 0070563523 MORTGAGORS: FORTNEY LAWRENCE
FORTNEY JEANNE
REGION CODE ADDRESS : 1130 PINE STREET
01 CITY : Coronado
STATE/ZIP : CA 92118
MORTGAGE AMOUNT : 385,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,529.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 62.60000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,873,300.00
P & I AMT: 12,652.61
UPB AMT: 1,873,300.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 579
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070564174 MORTGAGORS: WOLF JAMES
REGION CODE ADDRESS : 417 BELLEVUE LANE
01 CITY : Newport Beach
STATE/ZIP : CA 92661
MORTGAGE AMOUNT : 348,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 348,500.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,318.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 55.76000
-------------------------------------------------------------------
0 0070566419 MORTGAGORS: KWOK PATRICK
CHEN MAY
REGION CODE ADDRESS : 48065 AVALON HEIGHTS TERRACE
01 CITY : Fremont
STATE/ZIP : CA 94539
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 650,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,656.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 71.04000
-------------------------------------------------------------------
0 0070567938 MORTGAGORS: ADAMS DREW
ADAMS ERIN
REGION CODE ADDRESS : 10 LEE ROAD
01 CITY : Medfield
STATE/ZIP : MA 02052
MORTGAGE AMOUNT : 277,632.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,632.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,847.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.78000
-------------------------------------------------------------------
0 0070572664 MORTGAGORS: JACKSON ROBERT
REGION CODE ADDRESS : 1279 VINTNER WAY
01 CITY : Pleasanton
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 292,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,991.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0070573522 MORTGAGORS: PLANT KIM
REGION CODE ADDRESS : 4103 LAURELGROVE AVE
01 CITY : Los Angeles
STATE/ZIP : CA 91604
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 304,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,204.21 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,872,132.00
P & I AMT: 13,018.51
UPB AMT: 1,872,132.00
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 580
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0070576343 MORTGAGORS: MADRID ANNE
MADRID DEREK
REGION CODE ADDRESS : 3474 SILVER MAPLE DRIVE
01 CITY : Danville
STATE/ZIP : CA 94506
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 432,000.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,874.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 77.14000
-------------------------------------------------------------------
0 0070576988 MORTGAGORS: SOLAR KEITH
KLEBOFSKI DEBORAH
REGION CODE ADDRESS : 1471 PT. LOMA WAY
01 CITY : San Diego
STATE/ZIP : CA 92106
MORTGAGE AMOUNT : 463,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 463,200.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,004.31 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 12/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 2
LOAN AMT: 895,200.00
P & I AMT: 5,878.42
UPB AMT: 895,200.00
0 TOTAL NUM OF LOANS: 2897
LOAN AMT: 2,400,426.75
P & I AMT: 6,808,541.40
UPB AMT: 618,670.07
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 1
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0005204599 MORTGAGORS: VELLECO RALPH
VELLECO MARY
REGION CODE ADDRESS : 135 BEECHWOOD DRIVE
01 CITY : CRANSTON
STATE/ZIP : RI 02921
MORTGAGE AMOUNT : 750,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 706,482.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,170.07 OUTSIDE CONV DATE :
LIFETIME RATE : 9.25000 MATURITY DATE : 03/01/22
CURRENT INT RATE: 9.25000 PRODUCT CODE : 015
LTV : 68.18100
-------------------------------------------------------------------
0 0007688385 MORTGAGORS: KEATON CARL
KEATON CAROL
REGION CODE ADDRESS : 574 ALAMEDA STREET
01 CITY : ALTADENA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 238,887.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,657.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007688856 MORTGAGORS: WEBER JARED
GRAY PAMELA
REGION CODE ADDRESS : 14 LAKEVIEW TERRACE
01 CITY : TRUMBULL
STATE/ZIP : CT 06611
MORTGAGE AMOUNT : 396,460.00 OPTION TO CONVERT :
UNPAID BALANCE : 394,816.04 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,637.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.99700
-------------------------------------------------------------------
0 0007697147 MORTGAGORS: JACOBSON JERRY
JACOBSON HELEN
REGION CODE ADDRESS : 4808 REFORMA ROAD
01 CITY : LOS ANGELES
STATE/ZIP : CA 91364
MORTGAGE AMOUNT : 323,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,355.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,288.30 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 72.16500
-------------------------------------------------------------------
0 0007697154 MORTGAGORS: OSEAS DAVID
OSEAS KELLY
REGION CODE ADDRESS : 2739 AUTUMN RIDGE DRIVE
01 CITY : THOUSAND OAKS
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 447,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,791.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,050.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,156,960.00
P & I AMT: 15,804.35
UPB AMT: 2,108,332.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 2
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007697212 MORTGAGORS: QUIST JOHN
QUIST LESLIE
REGION CODE ADDRESS : 1164 VIA MATEO
01 CITY : SAN JOSE
STATE/ZIP : CA 95120
MORTGAGE AMOUNT : 282,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,216.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,044.70 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 60.00000
-------------------------------------------------------------------
0 0007697451 MORTGAGORS: THOMPSON MARSHALL
REGION CODE ADDRESS : 5782 CALPINE DRIVE
01 CITY : MALIBU
STATE/ZIP : CA 90265
MORTGAGE AMOUNT : 530,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,645.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,028.38 OUTSIDE CONV DATE :
LIFETIME RATE : 8.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 8.37500 PRODUCT CODE : 002
LTV : 75.71400
-------------------------------------------------------------------
0 0007700735 MORTGAGORS: WILLIAMS DALE
WILLIAMS PAMELA
REGION CODE ADDRESS : 8136 SHOWCASE COURT
01 CITY : PASADENA
STATE/ZIP : MD 21122
MORTGAGE AMOUNT : 234,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,421.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,556.81 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.97000
-------------------------------------------------------------------
0 0007700933 MORTGAGORS: RITCHEY EUGENE
RITCHEY THERESA
REGION CODE ADDRESS : 190 TALL TREES DR.
01 CITY : BARRINGTON
STATE/ZIP : IL 60010
MORTGAGE AMOUNT : 263,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 261,969.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,794.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.88235
-------------------------------------------------------------------
0 0007701105 MORTGAGORS: GRENNEY PAUL
GRENNEY BONNIE
REGION CODE ADDRESS : 2440 UNIVERSITY HEIGHTS
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,219.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,691.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,557,000.00
P & I AMT: 11,115.82
UPB AMT: 1,551,470.93
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 3
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007701352 MORTGAGORS: BATTISTA BARBARA
BRIMELOW JOHN
REGION CODE ADDRESS : 1697 NOBLE DRIVE
01 CITY : ATLANTA
STATE/ZIP : GA 30306
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 418,644.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,829.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.60100
-------------------------------------------------------------------
0 0007701691 MORTGAGORS: SMEAD RICHARD
SMEAD PAULA
REGION CODE ADDRESS : 0413 W. LA BONTE,#401
01 CITY : DILLON
STATE/ZIP : CO 80435
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,832.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.97100
-------------------------------------------------------------------
0 0007701790 MORTGAGORS: MOAZED DAVID
MOAZED TERESA
REGION CODE ADDRESS : 2415 WEST BOSTON
01 CITY : SEATTLE
STATE/ZIP : WA 98199
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,910.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,788.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007706955 MORTGAGORS: SCHUTT MARK
SCHUTT JEAN
REGION CODE ADDRESS : 17803 ARBOR HAVEN DRIVE
01 CITY : TAMPA
STATE/ZIP : FL 33647
MORTGAGE AMOUNT : 327,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,424.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,255.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 05/01/27
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.19600
-------------------------------------------------------------------
0 0007708266 MORTGAGORS: WOLFF ANTONIO
WOLFF JENNIFER
REGION CODE ADDRESS : 600 CHUMLEIGH ROAD
01 CITY : BALTIMORE
STATE/ZIP : MD 21212
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,297.54 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,889.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,584,250.00
P & I AMT: 10,696.66
UPB AMT: 1,578,109.82
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 4
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007708563 MORTGAGORS: RILEY GEOFFREY
RILEY CHRISTINE
REGION CODE ADDRESS : 465 ARBOL VIA
01 CITY : WALNUT CREEK
STATE/ZIP : CA 94598
MORTGAGE AMOUNT : 389,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 388,083.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,721.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007708571 MORTGAGORS: KOPALD WILLIAM
KOPALD SUSAN
REGION CODE ADDRESS : 4807 CAMBER ROAD
01 CITY : GREENSBORO
STATE/ZIP : NC 27407
MORTGAGE AMOUNT : 233,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 232,423.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,550.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.18700
-------------------------------------------------------------------
0 0007708597 MORTGAGORS: BECKER JAMES
BECKER KIMBERLY
REGION CODE ADDRESS : 1650 MOUNT VERNON DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95125
MORTGAGE AMOUNT : 260,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,181.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,773.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 61.46572
-------------------------------------------------------------------
0 0007708605 MORTGAGORS: KLINGENSMITH JACK
KLINGENSMITH DEBRA
REGION CODE ADDRESS : 18518 BENTLEY LANE
01 CITY : HUNTINGTON BEACH
STATE/ZIP : CA 92648
MORTGAGE AMOUNT : 363,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 362,504.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,480.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007708654 MORTGAGORS: MCMAHON LAWRENCE
MCMAHON JANET
REGION CODE ADDRESS : 82 WILLOWLEAF DRIVE
01 CITY : LITTLETON
STATE/ZIP : CO 80127
MORTGAGE AMOUNT : 359,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,329.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,420.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
----------------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,605,100.00
P & I AMT: 10,946.23
UPB AMT: 1,600,522.62
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 5
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007708688 MORTGAGORS: SIMMONS STEVEN
SIMMONS NANCY
REGION CODE ADDRESS : 22410 MURRAY STREET
01 CITY : SHOREWOOD
STATE/ZIP : MN 55331
MORTGAGE AMOUNT : 265,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 264,959.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,789.40 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007708712 MORTGAGORS: MOLATORE HARVEY
MOLATORE DONNA
REGION CODE ADDRESS : 1680 8TH AVENUE
01 CITY : SACRAMENTO
STATE/ZIP : CA 95818
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,942.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,873.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007708878 MORTGAGORS: MAAITAH MUFARREH
REGION CODE ADDRESS : 5542 LAUREL RIDGE DRIVE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 242,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 242,369.24 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,719.23 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 89.99600
-------------------------------------------------------------------
0 0007708902 MORTGAGORS: RAVINDRAN KUPPUSAMY
REGION CODE ADDRESS : 7525 SKYLINE BOULEVARD
01 CITY : OAKLAND
STATE/ZIP : CA 94611
MORTGAGE AMOUNT : 367,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 365,760.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,473.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007709603 MORTGAGORS: RUFF JEFFREY
RUFF LISA
REGION CODE ADDRESS : 1401 BLUE SAGE CIRCLE
01 CITY : STEAMBOAT SPRINGS
STATE/ZIP : CO 80477
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,457.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,629.99 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 77.37700
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,379,700.00
P & I AMT: 9,486.40
UPB AMT: 1,375,489.05
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 6
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007710155 MORTGAGORS: BALACY ELEAZAR
BALACY LARINA
REGION CODE ADDRESS : 4327 PICKEREL DRIVE
01 CITY : UNION CITY
STATE/ZIP : CA 94587
MORTGAGE AMOUNT : 258,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 257,125.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,803.98 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 72.67600
-------------------------------------------------------------------
0 0007710205 MORTGAGORS: COATES DAN
REGION CODE ADDRESS : 236 PURITAN PLACE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 278,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 277,277.86 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,922.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007710346 MORTGAGORS: COLE JOHN
REGION CODE ADDRESS : 34820 NORTH SUNSET TRAIL
01 CITY : CAREFREE
STATE/ZIP : AZ 85377
MORTGAGE AMOUNT : 274,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,322.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,822.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 52.19000
-------------------------------------------------------------------
0 0007710510 MORTGAGORS: FARRAR SCOTT
FARRAR ELENA
REGION CODE ADDRESS : 84 JOY STREET
01 CITY : BOSTON
STATE/ZIP : MA 02114
MORTGAGE AMOUNT : 257,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,409.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,775.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 59.49000
-------------------------------------------------------------------
0 0007719479 MORTGAGORS: GARZA THOMAS
REGION CODE ADDRESS : 135 HAWKEN ROAD
01 CITY : RENO
STATE/ZIP : NV 89509
MORTGAGE AMOUNT : 650,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 647,132.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,600.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 06/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 65.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,717,350.00
P & I AMT: 11,925.11
UPB AMT: 1,711,267.20
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 7
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007719560 MORTGAGORS: STEELE SHAUNE
REGION CODE ADDRESS : 2220 VISTA DEL MAR AVENUE
01 CITY : LOS ANGELES
STATE/ZIP : CA 90068
MORTGAGE AMOUNT : 255,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 254,416.07 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,762.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007719586 MORTGAGORS: DAVEY KIRK
DAVEY GLORIA
REGION CODE ADDRESS : 17922 DENVALE CIRCLE
01 CITY : HUNTINGTON
STATE/ZIP : CA 92649
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 : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 78.16000
-------------------------------------------------------------------
0 0007719883 MORTGAGORS: ROBERTS GAYLE
MORRIS WILLERT
REGION CODE ADDRESS : 38-16 WALDO AVENUE
01 CITY : BRONX
STATE/ZIP : NY 10463
MORTGAGE AMOUNT : 388,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,464.21 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,813.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007719974 MORTGAGORS: DAWSON KEN
DAWSON SUSAN
REGION CODE ADDRESS : 1691 ORVIETO COURT
01 CITY : PLEASANTON
STATE/ZIP : CA 94566
MORTGAGE AMOUNT : 997,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 993,937.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,886.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 015
LTV : 64.32200
-------------------------------------------------------------------
0 0007720550 MORTGAGORS: WHITE EMORY
HILL SARA
REGION CODE ADDRESS : 256 EAST MENDOCINO STREET
01 CITY : ALTADENA AREA
STATE/ZIP : CA 91001
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,283.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,407.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,316,200.00
P & I AMT: 16,131.08
UPB AMT: 2,310,542.58
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 8
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007721152 MORTGAGORS: STREETER JARVIS
STREETER SUSAN
REGION CODE ADDRESS : 11370 HIGHRIDGE COURT
01 CITY : CAMARILLO
STATE/ZIP : CA 93010
MORTGAGE AMOUNT : 490,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 488,457.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,342.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007724446 MORTGAGORS: KANE DAVID
KANE GAYLA
REGION CODE ADDRESS : 12988 MARINER COURT
01 CITY : MC CORDSVILLE
STATE/ZIP : IN 46055
MORTGAGE AMOUNT : 253,297.75 OPTION TO CONVERT :
UNPAID BALANCE : 251,923.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,749.46 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.94800
-------------------------------------------------------------------
0 0007724545 MORTGAGORS: BAKER RICHARD
BAKER JACQUILINE
REGION CODE ADDRESS : 2032 TROON DRIVE
01 CITY : HENDERSON
STATE/ZIP : NV 89014
MORTGAGE AMOUNT : 630,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 628,516.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,297.72 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007725492 MORTGAGORS: WESTON DALE
WESTON ANNE
REGION CODE ADDRESS : 2643 ENGLISH OAK
01 CITY : ANN ARBOR
STATE/ZIP : MI 48103
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,368.98 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,828.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007726342 MORTGAGORS: O'CONNOR JENNIFER
O'CONNER MATTHEW
REGION CODE ADDRESS : 1055 DEL HARBOUR DR
01 CITY : DELRAY BEACH
STATE/ZIP : FL 33483
MORTGAGE AMOUNT : 616,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 614,585.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,254.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,257,297.75
P & I AMT: 15,472.65
UPB AMT: 2,250,851.36
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 9
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007726581 MORTGAGORS: PATRICK BILLY
PATRICK ASONJA
REGION CODE ADDRESS : 1003 THORNBLADE BLVD
01 CITY : GREER
STATE/ZIP : SC 29650
MORTGAGE AMOUNT : 475,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 474,380.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,243.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.88100
-------------------------------------------------------------------
0 0007726797 MORTGAGORS: BABINE JOHN
BABINE LINDA
REGION CODE ADDRESS : 1 STONE WELL ROAD
01 CITY : READING
STATE/ZIP : MA 01867
MORTGAGE AMOUNT : 245,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,437.26 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,692.16 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 64.47368
-------------------------------------------------------------------
0 0007727316 MORTGAGORS: WILLIAMS RUDOLPH
WILLIAMS WANDA
REGION CODE ADDRESS : 4903 ROBERTS RIDGE ROAD
01 CITY : MONEE
STATE/ZIP : IL 60449
MORTGAGE AMOUNT : 246,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,805.36 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,660.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 72.47058
-------------------------------------------------------------------
0 0007727365 MORTGAGORS: BACON RICHARD
BACON TRENLI
REGION CODE ADDRESS : 11420 BAYHILL WAY
01 CITY : INDPLS
STATE/ZIP : IN 46236
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,303.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007727431 MORTGAGORS: BANKSON PERRY
BANKSON LYNDA
REGION CODE ADDRESS : 7303 WILLOW GATE COURT
01 CITY : PROSPECT
STATE/ZIP : KY 40059
MORTGAGE AMOUNT : 358,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,938.99 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,445.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.29400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,621,400.00
P & I AMT: 11,060.80
UPB AMT: 1,617,865.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 10
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007727498 MORTGAGORS: BASHEER AHMED
BASHEER RADIKA
REGION CODE ADDRESS : 32 FOUNDRY ROAD
01 CITY : SHARON
STATE/ZIP : MA 02067
MORTGAGE AMOUNT : 284,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,655.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 76.16600
-------------------------------------------------------------------
0 0007727514 MORTGAGORS: MONGAN THOMAS
MONGAN ANNETTE
REGION CODE ADDRESS : 10220 CARRIAGE TRAIL
01 CITY : CINCINNATI
STATE/ZIP : OH 45242
MORTGAGE AMOUNT : 886,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 884,813.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,200.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 65.68800
-------------------------------------------------------------------
0 0007727589 MORTGAGORS: ALYEA DANIEL
ALYEA CELESTE
REGION CODE ADDRESS : 2589 BANKS DRIVE
01 CITY : ALTON
STATE/ZIP : IL 62002
MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,357.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,013.74 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 76.80000
-------------------------------------------------------------------
0 0007727605 MORTGAGORS: ASCIERTO JOSEPH
ASCIERTO ROSE
REGION CODE ADDRESS : 9894 EAST HIDDEN GREEN DRIVE
01 CITY : SCOTTSDALE
STATE/ZIP : AZ 85262
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,225.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,327.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.20800
-------------------------------------------------------------------
0 0007727647 MORTGAGORS: WILLIAMS C.
WILLIAMS ROBIN
REGION CODE ADDRESS : 148 NEW GRANGE PASS
01 CITY : ST CHARLES
STATE/ZIP : MO 63304
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,340.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,910.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.70300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,075,900.00
P & I AMT: 14,390.12
UPB AMT: 2,071,393.15
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 11
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007727860 MORTGAGORS: WAREING DARRYL
WAREING LURA-BETH
REGION CODE ADDRESS : 5834 E TURQUOISE AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 386,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 385,340.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,634.91 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007731052 MORTGAGORS: KLIMKO MARK
ELLISON ANN
REGION CODE ADDRESS : 3743 TYNEMOORE TRACE
01 CITY : SMYRNA
STATE/ZIP : GA 30080
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,362.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.90300
-------------------------------------------------------------------
0 0007731102 MORTGAGORS: DEJAK THOMAS
REGION CODE ADDRESS : 4472 FAIRECROFT TERRACE
01 CITY : SUWANEE
STATE/ZIP : GA 30024
MORTGAGE AMOUNT : 272,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,359.58 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,855.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0007731110 MORTGAGORS: TERRY DAVID
TERRY SUE
REGION CODE ADDRESS : 7582 BENEDICT DRIVE
01 CITY : DALLAS
STATE/ZIP : TX 75214
MORTGAGE AMOUNT : 432,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 429,246.31 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,947.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007731250 MORTGAGORS: STANLEY-JONES JOHN
STANLEY-JONES ROSEMARY
REGION CODE ADDRESS : 4002 SOUTHWEST ARROYO COURT
01 CITY : SEATTLE
STATE/ZIP : WA 98146
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,351.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,681.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,610,250.00
P & I AMT: 10,897.79
UPB AMT: 1,604,660.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 12
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007731359 MORTGAGORS: JOHNSON JAMES
JOHNSON ALLISON
REGION CODE ADDRESS : 6113 162ND PLACE S.E.
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 625,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 623,528.47 ANNUAL RATE ADJUST:
MONTHLY P&I : 4,263.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.62100
-------------------------------------------------------------------
0 0007731557 MORTGAGORS: FURST STEVEN
REGION CODE ADDRESS : 292 JUANITA WAY
01 CITY : SAN FRANCISCO
STATE/ZIP : CA 94127
MORTGAGE AMOUNT : 562,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 560,609.92 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,739.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.15400
-------------------------------------------------------------------
0 0007731698 MORTGAGORS: WOLFE CLARENCE
WOLFE V.
REGION CODE ADDRESS : 4057 WEST RED ROCK DRIVE
01 CITY : LARKSPUR
STATE/ZIP : CO 80118
MORTGAGE AMOUNT : 292,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 291,329.33 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,016.77 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007731789 MORTGAGORS: OLDER MICHAEL
BLACKBURN PAULA
REGION CODE ADDRESS : 700 COMMONWEALTH AVE
01 CITY : NEWTON
STATE/ZIP : MA 02159
MORTGAGE AMOUNT : 410,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 409,081.44 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,866.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 69.49100
-------------------------------------------------------------------
0 0007731904 MORTGAGORS: MCCOY LANCE
MCCOY SHARON
REGION CODE ADDRESS : 5231 YELLOWTAIL LANE
01 CITY : KENNESAW
STATE/ZIP : GA 30152
MORTGAGE AMOUNT : 282,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,184.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,171,850.00
P & I AMT: 14,815.69
UPB AMT: 2,166,733.19
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 13
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007732134 MORTGAGORS: BUSHNELL JONATHAN
BUSHNELL HOLLY
REGION CODE ADDRESS : 0021 DEBORAH LANE
01 CITY : SILVERTHORNE
STATE/ZIP : CO 80498
MORTGAGE AMOUNT : 238,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 237,675.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,605.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99200
-------------------------------------------------------------------
0 0007732423 MORTGAGORS: DASHIELL ANDREW
DASHIELL MALLIE
REGION CODE ADDRESS : 872 NORTH PACIFIC STREET
01 CITY : ROCKAWAY BEACH
STATE/ZIP : OR 97136
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,457.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,630.00 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007732753 MORTGAGORS: GOODWIN WILLIAM
GOODWIN MARGARET
REGION CODE ADDRESS : 23531 ROLLING FORK WAY
01 CITY : GAITHERSBURG
STATE/ZIP : MD 20882
MORTGAGE AMOUNT : 279,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,563.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,766.64 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 03/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 79.98924
-------------------------------------------------------------------
0 0007733181 MORTGAGORS: BLUM PAUL
BLUM ORENE
REGION CODE ADDRESS : 7501 AMKIN COURT
01 CITY : CLIFTON
STATE/ZIP : VA 20124
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 278,533.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,816.08 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007733413 MORTGAGORS: WOMBLE THURSTON
WOMBLE WENDY
REGION CODE ADDRESS : 319 GROVE AVENUE
01 CITY : FALLS CHURCH
STATE/ZIP : VA 22046
MORTGAGE AMOUNT : 389,150.00 OPTION TO CONVERT :
UNPAID BALANCE : 387,455.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,524.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.75000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.75000 PRODUCT CODE : 002
LTV : 79.99218
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,422,900.00
P & I AMT: 9,341.88
UPB AMT: 1,415,685.69
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 14
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007733694 MORTGAGORS: THOMAS JOHN
THOMAS BEVERLY
REGION CODE ADDRESS : 5915 COLFAX AVE
01 CITY : ALEXANDRIA
STATE/ZIP : VA 22311
MORTGAGE AMOUNT : 271,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,960.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,714.17 OUTSIDE CONV DATE :
LIFETIME RATE : 6.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 6.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007734767 MORTGAGORS: CHAPMAN BRETT
CHAPMAN JULIE
REGION CODE ADDRESS : 5054 ROYAL VISTA COURT,
01 CITY : WESTLAKE VILLAGE AREA, TH
STATE/ZIP : CA 91362
MORTGAGE AMOUNT : 999,950.00 OPTION TO CONVERT :
UNPAID BALANCE : 998,265.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,568.97 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 67.60700
-------------------------------------------------------------------
0 0007735129 MORTGAGORS: LEHR JONATHAN
LEHR ANNE
REGION CODE ADDRESS : 9 WINDWARD AVENUE
01 CITY : WHITE PLAIN
STATE/ZIP : NY 10605
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,310.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 46.87500
-------------------------------------------------------------------
0 0007735202 MORTGAGORS: CRAIG DOUGLAS
CRAIG KIRA
REGION CODE ADDRESS : 2474 GREENVIEW DRIVE
01 CITY : UNIONTOWN
STATE/ZIP : OH 44685
MORTGAGE AMOUNT : 245,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 244,750.42 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,715.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 94.98548
-------------------------------------------------------------------
0 0007735236 MORTGAGORS: BILLISON THOMAS
REGION CODE ADDRESS : 146 WHITETAIL DRIVE N.E.
01 CITY : ALBUQUERQUE
STATE/ZIP : NM 87122
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,557.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,859.47 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,092,450.00
P & I AMT: 13,929.82
UPB AMT: 2,087,844.43
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 15
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007735335 MORTGAGORS: DUFFY SHAUN
DUFFY KATHERINE
REGION CODE ADDRESS : 41 POMPOSITTICUT ROAD
01 CITY : STOW
STATE/ZIP : MA 01775
MORTGAGE AMOUNT : 296,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 295,303.06 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,019.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007735483 MORTGAGORS: BRADLEY DENNIS
NELSON-BRADLEY BEATRICE
REGION CODE ADDRESS : 3139 BURIED OAK TRAIL
01 CITY : CRETE
STATE/ZIP : IL 60417
MORTGAGE AMOUNT : 273,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 273,301.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,938.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 92.84700
-------------------------------------------------------------------
0 0007735541 MORTGAGORS: ALLEN STEVEN
ALLEN SUSAN
REGION CODE ADDRESS : 11950 NE 36TH PLACE
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 386,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 384,845.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,737.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 55.08500
-------------------------------------------------------------------
0 0007735657 MORTGAGORS: BERKEY BART
BERKEY TERRI
REGION CODE ADDRESS : 47787 MACGILL COURT
01 CITY : STERLING
STATE/ZIP : VA 20165
MORTGAGE AMOUNT : 260,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,805.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,732.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99201
-------------------------------------------------------------------
0 0007735913 MORTGAGORS: ANDERSON MICHAEL
ANDERSON CAROL
REGION CODE ADDRESS : 208 HEMLOCK CIRCLE
01 CITY : NORTH WALES
STATE/ZIP : PA 19454
MORTGAGE AMOUNT : 264,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 263,362.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,481,050.00
P & I AMT: 10,206.35
UPB AMT: 1,476,618.64
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 16
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007735939 MORTGAGORS: BISCHOFF MICHAEL
BISCHOFF LISA
REGION CODE ADDRESS : 6630 CRANBERRY LAKE ROAD
01 CITY : CLARKSTON
STATE/ZIP : MI 48348
MORTGAGE AMOUNT : 249,600.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,040.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,745.24 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007736291 MORTGAGORS: WITTER DAVID
WITTER JOAN
REGION CODE ADDRESS : 10003 CLOVERDALE PLACE
01 CITY : VIENNA
STATE/ZIP : VA 22182
MORTGAGE AMOUNT : 344,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 343,784.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,350.10 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.71400
-------------------------------------------------------------------
0 0007736358 MORTGAGORS: SPEARS JOHN
SPEARS SUSAN
REGION CODE ADDRESS : 463 MONACO DRIVE
01 CITY : PUNTA GORDA
STATE/ZIP : FL 33950
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,618.15 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,664.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 87.14285
-------------------------------------------------------------------
0 0007736598 MORTGAGORS: BIRNBAUM DAVID
RACITI JOAN
REGION CODE ADDRESS : 10309 BRECONSHIRE ROAD
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,176.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,911.05 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007736820 MORTGAGORS: WOFFORD KEITH
REGION CODE ADDRESS : 452 WEST 142ND STREET
01 CITY : NEW YORK
STATE/ZIP : NY 10031
MORTGAGE AMOUNT : 358,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 357,852.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,475.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,466,500.00
P & I AMT: 10,146.29
UPB AMT: 1,463,472.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 17
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007736853 MORTGAGORS: ALEXANDER KEITH
ALEXANDER ANDREA
REGION CODE ADDRESS : 15 DALMENY ROAD
01 CITY : BRIARCLIFF
STATE/ZIP : NY 10510
MORTGAGE AMOUNT : 326,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 325,876.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,199.02 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007737679 MORTGAGORS: ANDREWS DAVID
ANDREWS SUSAN
REGION CODE ADDRESS : 317 OLD BILLERICA ROAD
01 CITY : BEDFORD
STATE/ZIP : MA 01730
MORTGAGE AMOUNT : 304,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 302,681.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,099.66 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 63.33300
-------------------------------------------------------------------
0 0007738040 MORTGAGORS: BART BRADLEY
DIEM SUSAN
REGION CODE ADDRESS : 3843 ZENITH AVENUE SOUTH
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55410
MORTGAGE AMOUNT : 299,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,745.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,119.14 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 79.84000
-------------------------------------------------------------------
0 0007738107 MORTGAGORS: LIN RONG
CHING JENNIE
REGION CODE ADDRESS : 15703 ROYAL OAK ROAD, ENCINO AREA,
01 CITY : LOS ANGELES
STATE/ZIP : CA 91436
MORTGAGE AMOUNT : 542,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 541,551.19 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,700.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738503 MORTGAGORS: DAUGHERTY KELLY
REGION CODE ADDRESS : 8839 CYNTHIA STREET #4
01 CITY : WEST HOLLYWOOD
STATE/ZIP : CA 90069
MORTGAGE AMOUNT : 283,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 282,832.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,755,700.00
P & I AMT: 12,051.92
UPB AMT: 1,751,687.63
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 18
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738545 MORTGAGORS: SONI SURESH
SONI SHARMILA
REGION CODE ADDRESS : 6231 PAT AVENUE
01 CITY : WEST HILLS
STATE/ZIP : CA 91307
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,320.66 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,760.57 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738560 MORTGAGORS: MARCO JOHN
MARCO AUDREY
REGION CODE ADDRESS : 2607 RINDGE LANE
01 CITY : REDONDO BEACH
STATE/ZIP : CA 90278
MORTGAGE AMOUNT : 244,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 243,411.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,643.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738727 MORTGAGORS: SISCO BRADLEY
SISCO SANDRA
REGION CODE ADDRESS : 15053 AVENIDA DEL RIO ROAD
01 CITY : CHINO HILLS
STATE/ZIP : CA 91709
MORTGAGE AMOUNT : 316,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 315,493.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,128.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738735 MORTGAGORS: BINDER STANLEY
REGION CODE ADDRESS : 20815 JUNIPER AVENUE
01 CITY : YORBA LINDA
STATE/ZIP : CA 92886
MORTGAGE AMOUNT : 282,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 281,979.51 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,974.59 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.60000
-------------------------------------------------------------------
0 0007738750 MORTGAGORS: BIMSTEFER JAMES
REGION CODE ADDRESS : 13320 SPRINGWOOD COURT
01 CITY : ELLICOTT CITY
STATE/ZIP : MD 21042
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 : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 38.41200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,410,400.00
P & I AMT: 9,503.91
UPB AMT: 1,407,711.12
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 19
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738768 MORTGAGORS: GALLO FRANK
GALLO SUSAN
REGION CODE ADDRESS : 4992 BAYFIELD DRIVE
01 CITY : WATERFORD
STATE/ZIP : WI 53185
MORTGAGE AMOUNT : 256,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,599.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,746.38 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738883 MORTGAGORS: YIP GORDON
REGION CODE ADDRESS : 878 QUETTA AVENUE
01 CITY : SUNNYVALE
STATE/ZIP : CA 94087
MORTGAGE AMOUNT : 336,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 335,487.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,320.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738891 MORTGAGORS: BEEH EDWARD
BEEH BETH
REGION CODE ADDRESS : 4515 EAST ONYX AVENUE
01 CITY : PHOENIX
STATE/ZIP : AZ 85028
MORTGAGE AMOUNT : 267,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,885.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,847.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 72.78900
-------------------------------------------------------------------
0 0007738925 MORTGAGORS: KENNEDY WAYNE
KENNEDY MARYJO
REGION CODE ADDRESS : 975 OAKWOOD COURT SOUTH
01 CITY : YORK
STATE/ZIP : PA 17356
MORTGAGE AMOUNT : 458,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 456,839.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,008.74 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 61.06600
-------------------------------------------------------------------
0 0007738933 MORTGAGORS: WILSON THOMAS
WILSON MARGARETT
REGION CODE ADDRESS : 3 FOX RUN
01 CITY : PENNINGTON
STATE/ZIP : NJ 08534
MORTGAGE AMOUNT : 337,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 336,522.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,414.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 67.40000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,654,500.00
P & I AMT: 11,337.66
UPB AMT: 1,651,333.84
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 20
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007738941 MORTGAGORS: ODEGARD LINDA
REGION CODE ADDRESS : 100 2ND STREET SOUTHEAST #1002
01 CITY : MINNEAPOLIS
STATE/ZIP : MN 55414
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,327.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,097.65 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007738958 MORTGAGORS: O'NEIL DENNIS
O'NEIL NANCY
REGION CODE ADDRESS : 11831 MOUNT CURVE ROAD
01 CITY : EDEN PRAIRIE
STATE/ZIP : MN 55347
MORTGAGE AMOUNT : 259,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 259,093.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,770.25 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 82.38000
-------------------------------------------------------------------
0 0007739006 MORTGAGORS: PACE LARRY
PACE THEDA
REGION CODE ADDRESS : 3116 WINTERGREEN TERRACE
01 CITY : GRAPEVINE
STATE/ZIP : TX 76051
MORTGAGE AMOUNT : 261,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 260,811.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.35 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739014 MORTGAGORS: LEONARD JAMES
LEONARD ANDREA
REGION CODE ADDRESS : 1914 CRESSON DR
01 CITY : SOUTHLAKE
STATE/ZIP : TX 76092
MORTGAGE AMOUNT : 298,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 297,933.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,035.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739030 MORTGAGORS: AU ALICE WAI
REGION CODE ADDRESS : 20048 EAST DAMERAL DRIVE
01 CITY : COVINA AREA, LOS ANGELES
STATE/ZIP : CA 91724
MORTGAGE AMOUNT : 357,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 356,413.03 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,375.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 67.35849
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,476,100.00
P & I AMT: 10,105.00
UPB AMT: 1,473,578.91
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 21
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007739063 MORTGAGORS: CUSHING PAUL
CUSHING JOY
REGION CODE ADDRESS : 903 GRAF COURT
01 CITY : ROSEVILLE
STATE/ZIP : CA 95661
MORTGAGE AMOUNT : 233,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 233,163.23 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,614.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 95.00000
-------------------------------------------------------------------
0 0007739279 MORTGAGORS: PELLEGRINO MICHAEL
PELLEGRINO CYNTHIA
REGION CODE ADDRESS : 13023 GORDON CIRCLE
01 CITY : HAGERSTOWN
STATE/ZIP : MD 21742
MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,561.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,776.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 89.00000
-------------------------------------------------------------------
0 0007739287 MORTGAGORS: PRICKETT DAN
PRICKETT JANICE
REGION CODE ADDRESS : 36936 SNICKERSVILLE TURNPIKE
01 CITY : PURCELLVILLE
STATE/ZIP : VA 20132
MORTGAGE AMOUNT : 440,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 439,311.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,001.58 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007739295 MORTGAGORS: LAFAYETTE AVIS
REGION CODE ADDRESS : 4509 MARY AVENUE
01 CITY : BALTIMORE
STATE/ZIP : MD 21206
MORTGAGE AMOUNT : 111,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 110,784.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 776.13 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 93.27700
-------------------------------------------------------------------
0 0007739352 MORTGAGORS: YIM VINCENT
YIM WENDY
REGION CODE ADDRESS : 1374 AUPULA PLACE
01 CITY : KAILUA
STATE/ZIP : HI 96734
MORTGAGE AMOUNT : 528,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 527,131.87 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,512.80 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,579,700.00
P & I AMT: 10,680.98
UPB AMT: 1,576,951.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 22
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007739725 MORTGAGORS: ARBOGAST DONALD
ARBOGAST LISA
REGION CODE ADDRESS : 4200 PENNSYLVANIA STREET
01 CITY : INDIANAPOLI
STATE/ZIP : IN 46205
MORTGAGE AMOUNT : 299,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,545.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,041.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.41100
-------------------------------------------------------------------
0 0007739857 MORTGAGORS: WOLFSON JANE
MITCHELL WILLIAM
REGION CODE ADDRESS : 10 BATES STREET
01 CITY : CAMBRIDGE
STATE/ZIP : MA 02140
MORTGAGE AMOUNT : 550,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 548,705.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,751.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 70.96700
-------------------------------------------------------------------
0 0007739881 MORTGAGORS: BORSELLI MICHAEL
REGION CODE ADDRESS : 119 HILL AND PLAIN ROAD
01 CITY : NORTH FALMOUTH
STATE/ZIP : MA 02540
MORTGAGE AMOUNT : 257,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 256,706.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,778.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 62.80400
-------------------------------------------------------------------
0 0007739980 MORTGAGORS: MAHAFFY PATRICK
MAHAFFY CYNTHIA
REGION CODE ADDRESS : 845 5TH STREET
01 CITY : BOULDER
STATE/ZIP : CO 80302
MORTGAGE AMOUNT : 980,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 978,504.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,768.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007740087 MORTGAGORS: SWARTZ DENNIS
SWARTZ JANICE
REGION CODE ADDRESS : 111 BLUEGRASS CIRCLE
01 CITY : HENDERSONVILLE
STATE/ZIP : TN 37075
MORTGAGE AMOUNT : 265,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 265,269.08 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,881.67 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 68.16600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,352,600.00
P & I AMT: 16,222.17
UPB AMT: 2,347,730.26
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 23
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007740442 MORTGAGORS: BANKER BRUCE
MENNICK CATHERINE
REGION CODE ADDRESS : 5369 S KENTON COURT
01 CITY : ENGLEWOOD
STATE/ZIP : CO 80111
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,196.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 78.49200
-------------------------------------------------------------------
0 0007741945 MORTGAGORS: ASHMAN DAVID
CHAMBERS AUDRA
REGION CODE ADDRESS : 236 AUTUMN CHASE DRIVE
01 CITY : ANNAPOLIS
STATE/ZIP : MD 21401
MORTGAGE AMOUNT : 246,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 245,142.30 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,783.68 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 94.98000
-------------------------------------------------------------------
0 0007742026 MORTGAGORS: ALANI RAGHAD
AZARIAN DAVID
REGION CODE ADDRESS : 304 LAKE STREET
01 CITY : BELMONT
STATE/ZIP : MA 02178
MORTGAGE AMOUNT : 295,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 294,179.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,138.95 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 86.25700
-------------------------------------------------------------------
0 0007742125 MORTGAGORS: KNOTTS CHESTER
KNOTTS CAROLYN
REGION CODE ADDRESS : 2793 NORTH HOLLYBROOK PLACE
01 CITY : EAGLE
STATE/ZIP : ID 83616
MORTGAGE AMOUNT : 275,250.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,140.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,854.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 70.21600
-------------------------------------------------------------------
0 0007742232 MORTGAGORS: GOLDBERG MICHAEL
CLEMMER ROBIN
REGION CODE ADDRESS : 1789 SOUTH 86TH CIRCLE
01 CITY : OMAHA
STATE/ZIP : NE 68124
MORTGAGE AMOUNT : 390,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 389,104.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,693.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 60.93750
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,556,250.00
P & I AMT: 10,888.04
UPB AMT: 1,551,762.81
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 24
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007742299 MORTGAGORS: BACUS MICHAEL
BACUS DARLA
REGION CODE ADDRESS : 4756 130TH AVENUE SOUTHEAST
01 CITY : BELLEVUE
STATE/ZIP : WA 98006
MORTGAGE AMOUNT : 327,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,709.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,206.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 89.99400
-------------------------------------------------------------------
0 0007742349 MORTGAGORS: FRANCIS KENNETH
FRANCIS LAURENCE
REGION CODE ADDRESS : 2548 MEDINA CIRCLE
01 CITY : MEDINA
STATE/ZIP : WA 98039
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,183.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,195.50 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 50.76923
-------------------------------------------------------------------
0 0007742356 MORTGAGORS: DAPPER DANIEL
DAPPER SUSAN
REGION CODE ADDRESS : 15306 61ST PLACE NORTHEAST
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 359,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,372.10 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,452.42 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 73.36700
-------------------------------------------------------------------
0 0007742380 MORTGAGORS: AUTREY EZELL
AUTREY REBECCA
REGION CODE ADDRESS : 11249 RUSSWOOD CIRCLE
01 CITY : DALLAS
STATE/ZIP : TX 75229
MORTGAGE AMOUNT : 399,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 398,144.82 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,964.05 OUTSIDE CONV DATE :
LIFETIME RATE : 8.12500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 8.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742398 MORTGAGORS: ANDERSON DAVID
ANDERSON KATHLEEN
REGION CODE ADDRESS : W303 N3275 TIMBER HILL COURT
01 CITY : DELAFIELD
STATE/ZIP : WI 53072
MORTGAGE AMOUNT : 452,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 450,882.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,007.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,868,200.00
P & I AMT: 12,825.57
UPB AMT: 1,863,292.30
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 25
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007742463 MORTGAGORS: ALBRING ROBERT
REGION CODE ADDRESS : 4467 RIVER ROAD
01 CITY : TOLEDO
STATE/ZIP : OH 43614
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,176.18 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,135.02 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 69.14800
-------------------------------------------------------------------
0 0007742679 MORTGAGORS: ALEX STEVEN
ALEX PATIENCE
REGION CODE ADDRESS : 720 BECKER DR.
01 CITY : GLENVIEW
STATE/ZIP : IL 60025
MORTGAGE AMOUNT : 500,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 498,822.77 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,410.88 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742786 MORTGAGORS: ANGE JAMES
ANGE JENNIFER
REGION CODE ADDRESS : 3250 NORTHWEST 59TH STREET
01 CITY : SEATTLE
STATE/ZIP : WA 98107
MORTGAGE AMOUNT : 286,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,359.25 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 66.05000
-------------------------------------------------------------------
0 0007742893 MORTGAGORS: GIFFORD KAREN
GIFFORD MARK
REGION CODE ADDRESS : 12628 NORTHEAST 102ND PLACE
01 CITY : KIRKLAND
STATE/ZIP : WA 98003
MORTGAGE AMOUNT : 263,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 262,595.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,817.86 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007742984 MORTGAGORS: BANDLER STEVEN
BANDLER LINDA
REGION CODE ADDRESS : 7130 N. 2ND PLACE
01 CITY : PHOENIX
STATE/ZIP : AZ 85020
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,223.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,251.19 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,704,200.00
P & I AMT: 11,614.70
UPB AMT: 1,700,176.67
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 26
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007743222 MORTGAGORS: WILLIAMS SCOTT
REGION CODE ADDRESS : 154 MILLSTONE ROAD
01 CITY : WILTON
STATE/ZIP : CT 06897
MORTGAGE AMOUNT : 436,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 435,317.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,974.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007743271 MORTGAGORS: BEALL THOMAS
BEALL KAREN
REGION CODE ADDRESS : 104 CATTAIL COURT
01 CITY : PLATTEVILLE
STATE/ZIP : CO 80651
MORTGAGE AMOUNT : 304,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 303,728.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,000.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 73.37300
-------------------------------------------------------------------
0 0007743388 MORTGAGORS: ASKOUNIS THOMAS
GREEN KEVIN
REGION CODE ADDRESS : 2658G N. SOUTHPORT AVE.
01 CITY : CHICAGO
STATE/ZIP : IL 60614
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 : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 78.18100
-------------------------------------------------------------------
0 0007743685 MORTGAGORS: GARDNER ALISTAIR
GARDNER EDITH
REGION CODE ADDRESS : 7 TAYLOR LANE
02 CITY : DOVER
STATE/ZIP : MA 02030
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,246.59 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,182.97 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747272 MORTGAGORS: BECKWITH SUZANNE
BECKWITH KEVIN
REGION CODE ADDRESS : 5025 MARION ROAD
02 CITY : PERRY
STATE/ZIP : KS 66073
MORTGAGE AMOUNT : 300,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 299,078.43 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,072.03 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.74000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,790,500.00
P & I AMT: 12,163.00
UPB AMT: 1,786,358.44
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 27
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747348 MORTGAGORS: PATEL HIREN
PATEL PATRICIA
REGION CODE ADDRESS : 225 WEST 83RD STREET APT.18 M
01 CITY : NEW YORK
STATE/ZIP : NY 10024
MORTGAGE AMOUNT : 425,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 424,023.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,935.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747413 MORTGAGORS: ROSENGREN JOSEPH
ROSENGREN BETTY
REGION CODE ADDRESS : 18835 AUGUSTA DRIVE
01 CITY : MONUMENT
STATE/ZIP : CO 80132
MORTGAGE AMOUNT : 277,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,862.64 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,916.62 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 79.28500
-------------------------------------------------------------------
0 0007747421 MORTGAGORS: HELEIN CHARLES
REGION CODE ADDRESS : 1220 DAVISWOOD DRIVE
02 CITY : MCLEAN
STATE/ZIP : VA 22102
MORTGAGE AMOUNT : 417,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 415,840.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,023.54 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 51.80100
-------------------------------------------------------------------
0 0007747447 MORTGAGORS: HERSHMAN LLOYD
HERSHMAN ELIZABETH
REGION CODE ADDRESS : 5740 SOUTHWEST 96TH STREET
01 CITY : PINECREST
STATE/ZIP : FL 33156
MORTGAGE AMOUNT : 1,000,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 991,140.93 ANNUAL RATE ADJUST:
MONTHLY P&I : 7,250.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 015
LTV : 50.06400
-------------------------------------------------------------------
0 0007747462 MORTGAGORS: ROWE DONALD
REGION CODE ADDRESS : 2612 HERITAGE PARK CIRCLE
01 CITY : SAN JOSE
STATE/ZIP : CA 95132
MORTGAGE AMOUNT : 269,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,881.00 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,861.37 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,389,000.00
P & I AMT: 16,987.59
UPB AMT: 2,376,749.16
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 28
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747488 MORTGAGORS: DIMARCO FRANK
DIMARCO DONNA
REGION CODE ADDRESS : 8 WATCH HILL ROAD
01 CITY : PLEASANTVILLE
STATE/ZIP : NY 10570
MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 448,991.81 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 : 002
LTV : 71.42800
-------------------------------------------------------------------
0 0007747496 MORTGAGORS: LARSON JAMES
SZABO-LARSON SYLVIA
REGION CODE ADDRESS : 30296 LA VUE
01 CITY : LAGUNA NIGUEL
STATE/ZIP : CA 92677
MORTGAGE AMOUNT : 360,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 359,145.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,486.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 49.65500
-------------------------------------------------------------------
0 0007747512 MORTGAGORS: WARREN STEVEN
WARREN MARCELLA
REGION CODE ADDRESS : 17 DURANCE CT
01 CITY : LITTLE ROCK
STATE/ZIP : AR 72211
MORTGAGE AMOUNT : 325,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,050.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,300.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747520 MORTGAGORS: BETTESWORTH LARRY
BETTESWORTH NANCY
REGION CODE ADDRESS : 11301 SOUTH FREYA ROAD
01 CITY : SPOKANE
STATE/ZIP : WA 99223
MORTGAGE AMOUNT : 236,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 235,401.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,550.35 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747561 MORTGAGORS: SLATTERY ROBERT
SLATTERY ELLEN
REGION CODE ADDRESS : 7855 SHAWNEE RUN ROAD
02 CITY : CINCINNATI
STATE/ZIP : OH 45243
MORTGAGE AMOUNT : 880,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 877,683.49 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,153.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 015
LTV : 76.52100
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,251,000.00
P & I AMT: 15,636.67
UPB AMT: 2,245,272.94
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 29
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747587 MORTGAGORS: PARRISH SUSAN
REGION CODE ADDRESS : 369 COLDSPRING ROAD
01 CITY : STANFORDVILLE
STATE/ZIP : NY 12581
MORTGAGE AMOUNT : 299,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 298,313.28 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,065.11 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747595 MORTGAGORS: STIER MARC
GOTTLIEB DIANE
REGION CODE ADDRESS : 6714 WISSAHICKON AVENUE
01 CITY : PHILADELPHIA
STATE/ZIP : PA 19119
MORTGAGE AMOUNT : 447,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 446,255.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,244.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747603 MORTGAGORS: JIMERSON CHERYL
REGION CODE ADDRESS : 156 PINE WALK
01 CITY : FIRE ISLAND PINES
STATE/ZIP : NY 11782
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,356.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747645 MORTGAGORS: WEGNER PAMELA
WEGNER RICHARD
REGION CODE ADDRESS : 1840 YAHARA PLACE
01 CITY : MADISON
STATE/ZIP : WI 53704
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,425.79 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 44.64285
-------------------------------------------------------------------
0 0007747710 MORTGAGORS: FLOWERS ROBERT
FLOWERS MICKI
REGION CODE ADDRESS : 6052 52ND AVENUE SOUTH
01 CITY : SEATTLE
STATE/ZIP : WA 98118
MORTGAGE AMOUNT : 975,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 972,613.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 6,817.34 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 2,251,500.00
P & I AMT: 15,787.72
UPB AMT: 2,245,965.03
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 30
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747801 MORTGAGORS: RAND DAVID
RAND LEIGH
REGION CODE ADDRESS : 1316 BRISTOL RIDGE PLACE
01 CITY : CROWNSVILLE
STATE/ZIP : MD 21032
MORTGAGE AMOUNT : 420,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 419,011.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,865.15 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 69.34400
-------------------------------------------------------------------
0 0007747819 MORTGAGORS: GILLIS STEPHEN
MCKEE KATHLEEN
REGION CODE ADDRESS : 180 SHERMAN AVENUE
01 CITY : ROCKVILLE CENTRE
STATE/ZIP : NY 11570
MORTGAGE AMOUNT : 284,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 283,347.70 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,961.52 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007747827 MORTGAGORS: DOLAN JEWEL
REGION CODE ADDRESS : 1151 SOUTH WEST 4TH AVENUE
01 CITY : BOCA RATON
STATE/ZIP : FL 33432
MORTGAGE AMOUNT : 289,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,113.41 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,002.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 66.63333
-------------------------------------------------------------------
0 0007747900 MORTGAGORS: HEWETT DELANE
REGION CODE ADDRESS : 13811 NORTH EAST 40TH STREET
01 CITY : BELLEVUE
STATE/ZIP : WA 98005
MORTGAGE AMOUNT : 447,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 445,973.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,087.32 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747918 MORTGAGORS: STARK PATRICIA
REGION CODE ADDRESS : 37 WASHINGTON LODE UNIT F, BUILDING
01 CITY : BRECKENRIDGE
STATE/ZIP : CO 80424
MORTGAGE AMOUNT : 289,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 288,835.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.51 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,730,400.00
P & I AMT: 11,915.77
UPB AMT: 1,726,280.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 31
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007747934 MORTGAGORS: REES RUSSELL
REES MARCIA
REGION CODE ADDRESS : 1256 EAST LAKE ROAD
01 CITY : HAMMONDSPORT,
STATE/ZIP : NY 14840
MORTGAGE AMOUNT : 310,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 309,214.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,036.48 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 68.48427
-------------------------------------------------------------------
0 0007747942 MORTGAGORS: COBB-NETTLETON CAROL
NETTLETON JAMES
REGION CODE ADDRESS : 3802 SHORE DRIVE
01 CITY : LOWER TOWNSHIP
STATE/ZIP : NJ 08251
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,223.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007747983 MORTGAGORS: DE FRIAS DENISE
REGION CODE ADDRESS : 680 NORTH LAKESHORE DRIVE UNIT #152
01 CITY : CHICAGO
STATE/ZIP : IL 60611
MORTGAGE AMOUNT : 315,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 314,276.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,175.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 67.00000
-------------------------------------------------------------------
0 0007748023 MORTGAGORS: GAARDER JEFFREY
GAARDER CAROLYN
REGION CODE ADDRESS : 616 AUSTIN AVENUE
01 CITY : SONOMA
STATE/ZIP : CA 95476
MORTGAGE AMOUNT : 268,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 267,384.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,851.01 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007748056 MORTGAGORS: CHOPE DESIREE
REGION CODE ADDRESS : 2884 CENTRAL AVENUE
01 CITY : MEMPHIS
STATE/ZIP : TN 38111
MORTGAGE AMOUNT : 230,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 229,444.94 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,549.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 57.78600
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,403,000.00
P & I AMT: 9,546.56
UPB AMT: 1,399,543.54
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 32
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007748130 MORTGAGORS: MCHUGH MICHAEL
MCHUGH MARTHA
REGION CODE ADDRESS : 619 SARGENT ROAD
01 CITY : RIVER VALE
STATE/ZIP : NJ 07675
MORTGAGE AMOUNT : 347,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 346,203.01 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,396.64 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007748148 MORTGAGORS: STINNETT ALTRICE
REGION CODE ADDRESS : 408-C BREAKERS OF FORT WALTON BEACH
01 CITY : FORT WALTON BEACH
STATE/ZIP : FL 32548
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 247,502.09 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007748155 MORTGAGORS: ZONGHETTI FREDERICK
REGION CODE ADDRESS : 6742 EAST MARIA DRIVE
01 CITY : CAVE CREEK
STATE/ZIP : AZ 85331
MORTGAGE AMOUNT : 395,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 393,998.74 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,594.87 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 70.00000
-------------------------------------------------------------------
0 0007754021 MORTGAGORS: BRIGHAM DANA
BRIGHAM PATRICIA
REGION CODE ADDRESS : 14431 GLENCAIRN ROAD
01 CITY : MIAMI LAKES
STATE/ZIP : FL 33016
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 318,074.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,264.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 04/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754039 MORTGAGORS: LETSO PAUL
REGION CODE ADDRESS : 8707 SOUTH BAY DRIVE
01 CITY : ORLANDO
STATE/ZIP : FL 32819
MORTGAGE AMOUNT : 276,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,538.96 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,929.84 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 05/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,588,000.00
P & I AMT: 10,912.98
UPB AMT: 1,580,317.42
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 33
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754047 MORTGAGORS: BROOME R.
REGION CODE ADDRESS : 5843 PRO DRIVE
01 CITY : NORCROSS
STATE/ZIP : GA 30092
MORTGAGE AMOUNT : 324,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 323,255.83 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,237.79 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754054 MORTGAGORS: NELLIGAN MICHAEL
REGION CODE ADDRESS : 2510 NE 32 COURT
01 CITY : LIGHTHOUSE POINT
STATE/ZIP : FL 33064
MORTGAGE AMOUNT : 375,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 374,138.67 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,590.04 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 75.75700
-------------------------------------------------------------------
0 0007754062 MORTGAGORS: MATTHEWS FREDERICK
REGION CODE ADDRESS : 2010 OLD DOMINION ROAD
01 CITY : DUNWOODY
STATE/ZIP : GA 30350
MORTGAGE AMOUNT : 408,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 407,345.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,748.78 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754070 MORTGAGORS: WEST SUSAN
REGION CODE ADDRESS : 1055 GUNTER COURT
01 CITY : ALPHARETTA
STATE/ZIP : GA 30022
MORTGAGE AMOUNT : 359,100.00 OPTION TO CONVERT :
UNPAID BALANCE : 358,523.95 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,419.33 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 79.99500
-------------------------------------------------------------------
0 0007754088 MORTGAGORS: BROWN NATHANIEL
BROWN VICKIE
REGION CODE ADDRESS : 3301 EAGLE WATCH DRIVE
01 CITY : WOODSTOCK
STATE/ZIP : GA 30189
MORTGAGE AMOUNT : 268,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,368.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,810.96 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,734,900.00
P & I AMT: 11,806.90
UPB AMT: 1,731,632.75
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 34
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754096 MORTGAGORS: WATSON MONTY
REGION CODE ADDRESS : 305 PARIAN RUN
01 CITY : DULUTH
STATE/ZIP : GA 30097
MORTGAGE AMOUNT : 320,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 319,460.76 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,102.18 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754104 MORTGAGORS: HEIMLICH JOHN
HEIMLICH CAROLYNN
REGION CODE ADDRESS : 3600 SCHOONER RIDGE
01 CITY : ALPHARETTA
STATE/ZIP : GA 30005
MORTGAGE AMOUNT : 376,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 376,230.38 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,507.20 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 79.99300
-------------------------------------------------------------------
0 0007754112 MORTGAGORS: POUNDS GREGORY
REGION CODE ADDRESS : 2309 BUTLER BAY DRIVE
01 CITY : WINDERMERE
STATE/ZIP : FL 34786
MORTGAGE AMOUNT : 332,700.00 OPTION TO CONVERT :
UNPAID BALANCE : 332,204.63 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,326.29 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.37200
-------------------------------------------------------------------
0 0007754138 MORTGAGORS: ESPERANCE JR. TOMMY
ESPERANCE MARY
REGION CODE ADDRESS : 410 COUNTRY CLUB DRIVE
01 CITY : NOVATO
STATE/ZIP : CA 94949
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 : 05/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754153 MORTGAGORS: ABERNETHY FURMAN
ABERNETHY BRENDA
REGION CODE ADDRESS : 3214 ST. JOHNS DRIVE
01 CITY : HIGHLAND PARK
STATE/ZIP : TX 75205
MORTGAGE AMOUNT : 350,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 349,196.13 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,417.36 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 44.30300
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,746,750.00
P & I AMT: 11,889.19
UPB AMT: 1,742,299.60
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 35
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754161 MORTGAGORS: MANN ALAN
REGION CODE ADDRESS : 3029 LOVERS LANE
01 CITY : UNIVERSITY PARK
STATE/ZIP : TX 75225
MORTGAGE AMOUNT : 590,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 589,205.50 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,877.19 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 79.99400
-------------------------------------------------------------------
0 0007754187 MORTGAGORS: WHITMORE WAYNE
WHITMORE NADINE
REGION CODE ADDRESS : 12733 60TH AVENUE WEST
01 CITY : MUKILTEO
STATE/ZIP : WA 98275
MORTGAGE AMOUNT : 268,900.00 OPTION TO CONVERT :
UNPAID BALANCE : 268,251.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,811.63 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 66.07691
-------------------------------------------------------------------
0 0007754195 MORTGAGORS: EHMAN RICKY
EHMAN LORRY
REGION CODE ADDRESS : 3152 EAST DESERT FLOWER
01 CITY : PHOENIX
STATE/ZIP : AZ 85048
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,550.85 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.83965
-------------------------------------------------------------------
0 0007754211 MORTGAGORS: FAUB ROBERT
FAUB ELIZABETH
REGION CODE ADDRESS : 3215 SPRUCE AVENUE
01 CITY : WEST PALM BEACH
STATE/ZIP : FL 33407
MORTGAGE AMOUNT : 270,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 269,617.65 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,934.31 OUTSIDE CONV DATE :
LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.75000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007754229 MORTGAGORS: LONGMIRE JOSEPH
LONGMIRE WENDY
REGION CODE ADDRESS : 3616 HAMPTON AVENUE
01 CITY : NASHVILLE
STATE/ZIP : TN 37215
MORTGAGE AMOUNT : 322,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 321,575.75 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,526.94 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 10/01/18
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 75.95200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,731,900.00
P & I AMT: 12,036.48
UPB AMT: 1,728,200.80
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 36
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754237 MORTGAGORS: CHRISTIAN MIKE
CHRISTIAN DIANNE
REGION CODE ADDRESS : 608 COTSWOLD PARK COURT
01 CITY : FRANKLIN
STATE/ZIP : TN 37069
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 249,016.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,705.44 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 56.43300
-------------------------------------------------------------------
0 0007754252 MORTGAGORS: WILKES BRYAN
WILKES KATHLEEN
REGION CODE ADDRESS : 17096 EAST DORADO CIRCLE
01 CITY : AURORA
STATE/ZIP : CO 80015
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,332.80 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,740.17 OUTSIDE CONV DATE :
LIFETIME RATE : 7.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.87500 PRODUCT CODE : 002
LTV : 73.17000
-------------------------------------------------------------------
0 0007754260 MORTGAGORS: HENDERSON JOE
HENDERSON MELISSA
REGION CODE ADDRESS : 123 BARNES SPRING COURT
01 CITY : APEX
STATE/ZIP : NC 27502
MORTGAGE AMOUNT : 272,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 271,792.48 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,835.55 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 94.98800
-------------------------------------------------------------------
0 0007754278 MORTGAGORS: FINNEY JAMES
FINNEY ANGELA
REGION CODE ADDRESS : 2 GLEN ECHO COURT
01 CITY : GLEN ARM
STATE/ZIP : MD 21057
MORTGAGE AMOUNT : 295,500.00 OPTION TO CONVERT :
UNPAID BALANCE : 293,171.62 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,066.18 OUTSIDE CONV DATE :
LIFETIME RATE : 7.50000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.50000 PRODUCT CODE : 002
LTV : 77.76300
-------------------------------------------------------------------
0 0007754286 MORTGAGORS: DIEDERICH W.
DIEDERICH SANDRA
REGION CODE ADDRESS : 2640 CASTLE PEAK ROAD
01 CITY : RENO
STATE/ZIP : NV 89511
MORTGAGE AMOUNT : 240,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 239,420.81 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,616.92 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 78.94736
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,297,950.00
P & I AMT: 8,964.26
UPB AMT: 1,292,734.33
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 37
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754294 MORTGAGORS: DAVIDSEN RICHARD
DAVIDSEN LORIANN
REGION CODE ADDRESS : 5803 25TH AVENUE WEST
01 CITY : EVERETT
STATE/ZIP : WA 98203
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,139.88 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,933.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754302 MORTGAGORS: WHITE JAMES
WHITE SUSAN
REGION CODE ADDRESS : 8012 NE 151ST COURT
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 286,350.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,901.89 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 79.99700
-------------------------------------------------------------------
0 0007754310 MORTGAGORS: MYERS CHRISTOPHER
PARTON-MYERS SUZANNE
REGION CODE ADDRESS : 19518 92ND AVENUE NORTHEAST
01 CITY : BOTHELL
STATE/ZIP : WA 98011
MORTGAGE AMOUNT : 267,750.00 OPTION TO CONVERT :
UNPAID BALANCE : 266,906.91 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,826.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 85.00000
-------------------------------------------------------------------
0 0007754328 MORTGAGORS: YOUNG BRIAN
YOUNG ERIN
REGION CODE ADDRESS : 19907 226TH AVENUE NORTHEAST
01 CITY : WOODINVILLE
STATE/ZIP : WA 98072
MORTGAGE AMOUNT : 286,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 285,498.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,953.75 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754344 MORTGAGORS: BROTHERS EDWARD
REGION CODE ADDRESS : 28433 NORTHEAST 17TH STREET
01 CITY : CARNATION
STATE/ZIP : WA 98014
MORTGAGE AMOUNT : 328,450.00 OPTION TO CONVERT :
UNPAID BALANCE : 326,994.02 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,268.53 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 89.99800
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,448,950.00
P & I AMT: 9,936.11
UPB AMT: 1,444,440.90
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 38
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754351 MORTGAGORS: BOUNDS DENNIS
BOUNDS DEBRA
REGION CODE ADDRESS : 18511 NE 25TH STREET
01 CITY : REDMOND
STATE/ZIP : WA 98052
MORTGAGE AMOUNT : 250,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,847.46 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,726.69 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 76.68711
-------------------------------------------------------------------
0 0007754369 MORTGAGORS: WHITE LISA
WHITE THAYER
REGION CODE ADDRESS : 8651 NORTHEAST 17TH STREET
01 CITY : CLYDE HILL
STATE/ZIP : WA 98004
MORTGAGE AMOUNT : 525,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 523,763.90 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,581.43 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 75.00000
-------------------------------------------------------------------
0 0007754377 MORTGAGORS: ROBERTS DAVID
MCCLYMONT MARCIA
REGION CODE ADDRESS : 2330 EDGEWATER WEST
01 CITY : LARGO
STATE/ZIP : FL 33774
MORTGAGE AMOUNT : 275,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,751.60 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,878.71 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 90.00000
-------------------------------------------------------------------
0 0007754385 MORTGAGORS: NEVILLE RANDALL
FROST-NEVILLE KELLY
REGION CODE ADDRESS : 24038 SE 37TH PLACE
01 CITY : ISSAQUAH
STATE/ZIP : WA 98029
MORTGAGE AMOUNT : 276,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 275,596.45 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,954.93 OUTSIDE CONV DATE :
LIFETIME RATE : 7.62500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.62500 PRODUCT CODE : 002
LTV : 70.82000
-------------------------------------------------------------------
0 0007754393 MORTGAGORS: WALSER III DANIEL
WALSER CAROL
REGION CODE ADDRESS : 5803 DEVONSHIRE DRIVE
01 CITY : BETHESDA
STATE/ZIP : MD 20816
MORTGAGE AMOUNT : 289,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 287,859.05 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,971.49 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 07/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.10200
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,615,600.00
P & I AMT: 11,113.25
UPB AMT: 1,610,818.46
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 39
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754435 MORTGAGORS: HAGOOD DANIEL
REGION CODE ADDRESS : 3902 FAIRFAX AVENUE
01 CITY : DALLAS
STATE/ZIP : TX 75209
MORTGAGE AMOUNT : 322,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 322,039.97 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,202.07 OUTSIDE CONV DATE :
LIFETIME RATE : 7.25000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754443 MORTGAGORS: GALUSZKA JAMES
REGION CODE ADDRESS : 15908 MCGLAMERY ROAD
01 CITY : ODESSA
STATE/ZIP : FL 33556
MORTGAGE AMOUNT : 255,850.00 OPTION TO CONVERT :
UNPAID BALANCE : 255,262.37 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,767.09 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 94.81544
-------------------------------------------------------------------
0 0007754468 MORTGAGORS: REED KEVIN
REED LEIGH
REGION CODE ADDRESS : 2703 HARRISBURG ROAD
01 CITY : JONESBORO
STATE/ZIP : AR 72401
MORTGAGE AMOUNT : 275,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 274,336.32 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,852.73 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.38888
-------------------------------------------------------------------
0 0007754476 MORTGAGORS: FURR STEVE
FURR KELLY
REGION CODE ADDRESS : 612 COEUR D'ALENE CIRCLE
01 CITY : EL PASO
STATE/ZIP : TX 79922
MORTGAGE AMOUNT : 276,650.00 OPTION TO CONVERT :
UNPAID BALANCE : 276,195.14 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,840.56 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 10/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 74.77000
-------------------------------------------------------------------
0 0007754484 MORTGAGORS: COLTON KEITH
COLTON CAMELA
REGION CODE ADDRESS : 7960 BOOT HILL DRIVE
01 CITY : PARK CITY
STATE/ZIP : UT 84098
MORTGAGE AMOUNT : 330,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 329,203.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,223.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 76.74400
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,460,300.00
P & I AMT: 9,885.72
UPB AMT: 1,457,037.41
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 40
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754518 MORTGAGORS: MCGILL MARK
MCGILL LEANN
REGION CODE ADDRESS : 728 RACINE STREET
01 CITY : BELLINGHAM
STATE/ZIP : WA 98226
MORTGAGE AMOUNT : 296,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 296,083.71 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,999.60 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754526 MORTGAGORS: PETERSON MARY
REGION CODE ADDRESS : 3208 N.W. ESPLANADE DRIVE
01 CITY : SEATTLE
STATE/ZIP : WA 98117
MORTGAGE AMOUNT : 325,300.00 OPTION TO CONVERT :
UNPAID BALANCE : 324,197.40 ANNUAL RATE ADJUST:
MONTHLY P&I : 2,136.99 OUTSIDE CONV DATE :
LIFETIME RATE : 6.87500 MATURITY DATE : 08/01/28
CURRENT INT RATE: 6.87500 PRODUCT CODE : 002
LTV : 63.78431
-------------------------------------------------------------------
0 0007754534 MORTGAGORS: CLEMENTS WILLIAM
CLEMENTS MICHELENE
REGION CODE ADDRESS : 19704 21ST AVENUE NORTHWEST
01 CITY : SHORELINE
STATE/ZIP : WA 98177
MORTGAGE AMOUNT : 280,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 279,324.27 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,886.41 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 71.79487
-------------------------------------------------------------------
0 0007754559 MORTGAGORS: LEWIS DAVID
LEWIS LESLIE
REGION CODE ADDRESS : 8121 KENDRA COURT
01 CITY : ANAHEIM
STATE/ZIP : CA 92808
MORTGAGE AMOUNT : 290,400.00 OPTION TO CONVERT :
UNPAID BALANCE : 289,699.16 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,956.48 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754609 MORTGAGORS: ZELKO THOMAS
ZELKO MARJORIE
REGION CODE ADDRESS : 8929 ROGUES ROAD
01 CITY : CASANOVA
STATE/ZIP : VA 20139
MORTGAGE AMOUNT : 457,000.00 OPTION TO CONVERT :
UNPAID BALANCE : 455,897.12 ANNUAL RATE ADJUST:
MONTHLY P&I : 3,078.89 OUTSIDE CONV DATE :
LIFETIME RATE : 7.12500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.12500 PRODUCT CODE : 002
LTV : 65.28500
-------------------------------------------------------------------
- - **** PAGE TOTALS ***** NUM OF LOANS: 5
LOAN AMT: 1,649,500.00
P & I AMT: 11,058.37
UPB AMT: 1,645,201.66
<PAGE>
1
GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C
ISSUE DATE: 12/01/98
P.O. BOX 5260 TMS AG0004982530 01 02
PAGE: 41
CHERRY HILL, N.J. 08034
(800) 257-7818
0 -------------------------------------------------------------------
0 0007754724 MORTGAGORS: ELLIS GUY
ELLIS CONSTANCE
REGION CODE ADDRESS : 421 RIDGEFARM DRIVE
01 CITY : SAN JOSE
STATE/ZIP : CA 95123
MORTGAGE AMOUNT : 237,200.00 OPTION TO CONVERT :
UNPAID BALANCE : 236,655.20 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,638.28 OUTSIDE CONV DATE :
LIFETIME RATE : 7.37500 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.37500 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754732 MORTGAGORS: KNUDSON CLIFF
KNUDSON MONICA
REGION CODE ADDRESS : 1815 NELSON WAY
01 CITY : SAN JOSE
STATE/ZIP : CA 95124
MORTGAGE AMOUNT : 248,800.00 OPTION TO CONVERT :
UNPAID BALANCE : 248,184.61 ANNUAL RATE ADJUST:
MONTHLY P&I : 1,655.27 OUTSIDE CONV DATE :
LIFETIME RATE : 7.00000 MATURITY DATE : 09/01/28
CURRENT INT RATE: 7.00000 PRODUCT CODE : 002
LTV : 80.00000
-------------------------------------------------------------------
0 0007754799 MORTGAGORS: CROSS NANCY
REGION CODE ADDRESS : 5249 N. NEW JERSEY ST.
01 CITY : INDIANAPOLIS
STATE/ZIP : IN 46220
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 : 10/01/28
CURRENT INT RATE: 7.25000 PRODUCT CODE : 002
LTV : 74.28500
-------------------------------------------------------------------
0 0007754807 MORTGAGORS: SPACONE ALAN
<PAGE>
EXHIBIT D
FORM OF SERVICER'S CERTIFICATE
----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1998-25
Pursuant to the Pooling and Servicing Agreement dated as of December 1,
1998 (the "Agreement") between GE Capital Mortgage Services, Inc. (the
"Company"), and State Street Bank and Trust Company (the "Trustee"), governing
the Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
<TABLE>
<CAPTION>
A. Mortgage Loan Information:
<S> <C> <C> <C>
(1) Aggregate Scheduled Monthly Payments:
(a) Principal $________
(b) Interest $________
(c) Total $________
(2) Aggregate Monthly Payments received and Monthly
Advances made this Month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(3) Aggregate Principal Prepayments in part received and
applied in the applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(4) Aggregate Principal Prepayments in full received in
the applicable Prepayment Period:
(a) Principal $________
(b) Interest $________
(c) Total $________
(5) Aggregate Insurance Proceeds (including purchases
of Mortgage Loans by primary mortgage insurers) for
prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(6) Aggregate Liquidation Proceeds for prior month:
(a) Principal $________
(b) Interest $________
(c) Total $________
(7) Aggregate Purchase Prices for Defaulted and
Modified Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(8) Aggregate Purchase Prices (and substitution
adjustments) for Defective Mortgage Loans:
(a) Principal $________
(b) Interest $________
(c) Total $________
(9) Pool Scheduled Principal Balance: $________
(10) Available Funds: $________
(11) Realized Losses for prior month: $________
(12) Aggregate Realized Losses and Debt Service
Reductions:
(a) Deficient Valuations $________
(b) Special Hazard Losses $________
(c) Fraud Losses $________
(d) Excess Bankruptcy Losses $________
(e) Excess Special Hazard Losses $________
(f) Excess Fraud Losses $________
(g) Debt Service Reductions $________
(13) Compensating Interest Payment: $________
(14) Accrued Certificate Interest, Unpaid Class Interest
Shortfalls and Pay-out Rate:
Class A1 $__________ $__________ ____%
Class A2 $__________ $__________ ____%
Class A3 $__________ $__________ ____%
Class A4 $__________ $__________ ____%
Class A5 $__________ $__________ ____%
Class A7 $__________ $__________ ____%
Class A8 $__________ $__________ ____%
Class A9 $__________ $__________ ____%
Class A10 $__________ $__________ ____%
Class A11 $__________ $__________ ____%
Class A12 $__________ $__________ ____%
Class A13 $__________ $__________ ____%
Class A14 $__________ $__________ ____%
Class A15 $__________ $__________ ____%
Class A16 $__________ $__________ ____%
Class A17 $__________ $__________ ____%
Class A18 $__________ $__________ ____%
Class A19 $__________ $__________ ____%
Class A20 $__________ $__________ ____%
Class A21 $__________ $__________ ____%
Class A22 $__________ $__________ ____%
Class M $__________ $__________ ____%
Class B1 $__________ $__________ ____%
Class B2 $__________ $__________ ____%
Class B3 $__________ $__________ ____%
Class B4 $__________ $__________ ____%
Class B5 $__________ $__________ ____%
Class R $__________ $__________ ____%
(15) Accrual Amount:
N/A
(16) Principal distributable:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(17) Additional distributions to the Class R Certificates
pursuant to Section 4.01(b) or 4.01(e)(i):
Class R $__________
(18) Distributions Allocable to Unanticipated Recoveries:
Class A1 $_________
Class A2 $_________
Class A3 $_________
Class A4 $_________
Class A5 $_________
Class A6 $_________
Class A7 $_________
Class A8 $_________
Class A9 $_________
Class A10 $_________
Class A11 $_________
Class A12 $_________
Class A13 $_________
Class A14 $_________
Class A15 $_________
Class A16 $_________
Class A17 $_________
Class A18 $_________
Class A19 $_________
Class A20 $_________
Class A21 $_________
Class A22 $_________
Class PO $_________
Class M $_________
Class B1 $_________
Class B2 $_________
Class B3 $_________
Class B4 $_________
Class B5 $_________
Class R $_________
</TABLE>
<TABLE>
<CAPTION>
B. Other Amounts:
<S> <C> <C> <C>
1. Senior Percentage for such Distribution Date: _____________%
2. Senior Prepayment Percentage for such Distribution
Date: _____________%
3. Junior Percentage for such Distribution Date: _____________%
4. Junior Prepayment Percentage for such Distribution
Date: _____________%
5. Class A3 Group II Senior Percentage _____________%
6. Class A3 Percentage _____________%
7. Class A3 Principal Distribution Amount _____________%
8. Class A7 Group II Senior Percentage _____________%
9. Class A7 Percentage _____________%
10. Class A7 Principal Distribution Amount _____________%
11. Subordinate Certificate Writedown Amount for such
Distribution Date: $_____________
12. Prepayment Distribution Triggers
satisfied: Yes No
Class B1 _____ _____
Class B2 _____ _____
Class B3 _____ _____
Class B4 _____ _____
Class B5 _____ _____
13. Base Servicing Fee: $___________
14. Supplemental 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 or
any ERISA-Restricted Certificate.
3. The Investor hereby acknowledges that under the terms of the Pooling and
Servicing Agreement (the "Agreement") between State Street Bank and Trust
Company, as Trustee and GE Capital Mortgage Services, Inc., dated as of December
1, 1998, no transfer of any ERISA-Restricted Certificate shall be permitted to
be made to any person unless the Trustee has received (i) a certificate from
such transferee to the effect that (x) such transferee is not an employee
benefit plan subject to ERISA or a plan subject to Section 4975 of the Code (a
"Plan") and is not using the assets of any such employee benefit or other plan
to acquire any such Certificate or (y) such transferee is an insurance company
investing assets of its general account and the Exemptions apply to such
transferee's acquisition and holding of any such Certificate or (ii) an opinion
of counsel satisfactory to the Trustee to the effect that the purchase and
holding of any such Certificate will not constitute or result in the assets of
the Trust Fund created by the Agreement being deemed to be "plan assets" and
subject to the prohibited transaction provisions of ERISA or Section 4975 of the
Code and will not subject the Trustee or the Company to any obligation in
addition to those undertaken in the Agreement (provided, however, that the
Trustee 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
Certificate" of GE Capital Mortgage Services, Inc.'s REMIC Multi-Class
Pass-Through Certificates, Series 1998-25.
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
December 1, 1998, no transfer of the Residual Certificates shall be permitted to
be made to any person unless the Trustee has received a certificate from such
transferee to the effect that such transferee is not an employee benefit plan
subject to ERISA or a plan subject to Section 4975 of the Code and is not using
the assets of any employee benefit plan or other plan to acquire Residual
Certificates.
6. That the Purchaser does not hold REMIC residual securities as nominee to
facilitate the clearance and settlement of such securities through electronic
book-entry changes in accounts of participating organizations (such entity, a
"Book-Entry Nominee").
7. That the Purchaser does not have the intention to impede the assessment
or collection of any federal, state or local taxes legally required to be paid
with respect to such Residual Certificate.
8. That the Purchaser will not transfer a Residual Certificate to any
person or entity (i) as to which the Purchaser has actual knowledge that the
requirements set forth in paragraph 3, paragraph 6 or paragraph 10 hereof are
not satisfied or that the Purchaser has reason to believe does not satisfy the
requirements set forth in paragraph 7 hereof, and (ii) without obtaining from
the prospective Purchaser an affidavit substantially in this form and providing
to the Trustee a written statement substantially in the form of Exhibit G to the
Agreement.
9. That the Purchaser understands that, as the holder of a Residual
Certificate, the Purchaser may incur tax liabilities in excess of any cash flows
generated by the interest and that it intends to pay taxes associated with
holding such Residual Certificate as they become due.
10. That the Purchaser (i) is not a Non-U.S. Person or (ii) is a Non-U.S.
Person that holds a Residual Certificate in connection with the conduct of a
trade or business within the United States and has furnished the transferor and
the Trustee with an effective Internal Revenue Service Form 4224 or successor
form at the time and in the manner required by the Code or (iii) is a Non-U.S.
Person that has delivered to both the transferor and the Trustee an opinion of a
nationally recognized tax counsel to the effect that the transfer of such
Residual Certificate to it is in accordance with the requirements of the Code
and the regulations promulgated thereunder and that such transfer of a Residual
Certificate will not be disregarded for federal income tax purposes. "Non-U.S.
Person" means an individual, corporation, partnership or other person other than
(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 Trust Fund 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>
EXHIBIT G
[LETTER FROM TRANSFEROR OF RESIDUAL CERTIFICATE]
-------------------
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass-Through
Certificates, Series 1998-25
Ladies and Gentlemen:
_______________________ (the "Transferor") has reviewed the attached
affidavit of _____________________________ (the "Transferee"), and has no actual
knowledge that such affidavit is not true and has no reason to believe that the
information contained in paragraph 7 thereof is not true, and has no reason to
believe that the Transferee has the intention to impede the assessment or
collection of any federal, state or local taxes legally required to be paid with
respect to a Residual Certificate. In addition, the Transferor has conducted a
reasonable investigation at the time of the transfer and found that the
Transferee had historically paid its debts as they came due and found no
significant evidence to indicate that the Transferee will not continue to pay
its debts as they become due.
Very truly yours,
-------------------------------
Name:
Title:
<PAGE>
EXHIBIT H
ADDITIONAL SERVICER COMPENSATION
QUALIFIED ADMINISTRATIVE EXPENSES
(Conventional, Non-Conforming Loans)
Assumption Fees $550 - $800
Late Charges Per Loan Documents
Appraisal/Inspection Fees Reasonable and Customary Charges
Partial Release Fees $300
Easements $150
Insufficient Funds Charges $15
Document Requests (copies of loan file
documents, additional pay-off quotations,
amortization schedules, payment histories) $0
Modification Fees Reasonable and Customary Charges
<PAGE>
EXHIBIT I
FORM OF INVESTMENT LETTER FOR
DEFINITIVE RESTRICTED CERTIFICATES
---------------------
Date
State Street Bank and Trust Company
Corporate Trust Department
225 Franklin Street
8th Floor
Boston, Massachusetts 02110
Re: GE Capital Mortgage Services, Inc.
REMIC Multi-Class Pass Through
Certificates, Series 1998-25
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 December 1, 1998
(the "Agreement"), no transfer of a Restricted Certificate may be made unless
such transfer is exempt from the registration requirements of the Securities Act
of 1933, as amended (the "Securities Act"), and any applicable state securities
laws, or is made in accordance with the Securities Act and such laws.
3. The Investor understands that (a) the Restricted Certificates have not
been and will not be registered or qualified under the Securities Act, or the
securities laws of any state, (b) neither the Company nor the Trustee is
required, and neither intends, to so register or qualify the Restricted
Certificates, (c) the Restricted Certificates cannot be resold unless (i) they
are registered and qualified under the Securities Act and the applicable state
securities laws or (ii) such sale is exempt from the requirements of the
Securities Act, (d) the Agreement contains restrictions regarding the transfer
of the Restricted Certificates and (e) the Restricted Certificates will bear a
legend to the foregoing effect.
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>
EXHIBIT J
FORM OF DISTRIBUTION DATE STATEMENT
-----------------, ------
(month) (year)
GE CAPITAL MORTGAGE SERVICES, INC.
REMIC Multi-Class Pass-Through Certificates,
Series 1998-25
Pursuant to the Pooling and Servicing Agreement dated as of December 1,
1998 (the "Agreement") between GE Capital Mortgage Services, Inc. (the
"Company"), and State Street Bank and Trust Company (the "Trustee"), governing
the Certificates referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
The amounts below are for a Single Certificate of $1,000:
(1) Amount of distribution allocable to principal:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(2) Aggregate principal prepayments included in distribution:
Class A1 $__________
Class A2 $__________
Class A3 $__________
Class A4 $__________
Class A5 $__________
Class A6 $__________
Class A7 $__________
Class A8 $__________
Class A9 $__________
Class A10 $__________
Class A11 $__________
Class A12 $__________
Class A13 $__________
Class A14 $__________
Class A15 $__________
Class A16 $__________
Class A17 $__________
Class A18 $__________
Class A19 $__________
Class A20 $__________
Class A21 $__________
Class A22 $__________
Class PO $__________
Class M $__________
Class B1 $__________
Class B2 $__________
Class B3 $__________
Class B4 $__________
Class B5 $__________
Class R $__________
(3) Amount of distribution allocable to interest; Pay-out Rate:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class A18 $__________ ____%
Class A19 $__________ ____%
Class A20 $__________ ____%
Class A21 $__________ ____%
Class A22 $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
(4) Accrual Amount:
N/A
(5) Amount of distribution allocable to Unanticipated Recoveries:
Class A1 $__________ ____%
Class A2 $__________ ____%
Class A3 $__________ ____%
Class A4 $__________ ____%
Class A5 $__________ ____%
Class A6 $__________ ____%
Class A7 $__________ ____%
Class A8 $__________ ____%
Class A9 $__________ ____%
Class A10 $__________ ____%
Class A11 $__________ ____%
Class A12 $__________ ____%
Class A13 $__________ ____%
Class A14 $__________ ____%
Class A15 $__________ ____%
Class A16 $__________ ____%
Class A17 $__________ ____%
Class A18 $__________ ____%
Class A19 $__________ ____%
Class A20 $__________ ____%
Class A21 $__________ ____%
Class A22 $__________ ____%
Class PO $__________ ____%
Class M $__________ ____%
Class B1 $__________ ____%
Class B2 $__________ ____%
Class B3 $__________ ____%
Class B4 $__________ ____%
Class B5 $__________ ____%
Class R $__________ ____%
(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:
Single
Certificate
Class Balance Balance
----- ------- -------
Class A1 $__________ $__________
Class A2 $__________ $__________
Class A3 $__________ $__________
Class A4 $__________ $__________
Class A5 $__________ $__________
Class A6 $__________ $__________
Class A7 $__________ $__________
Class A8 $__________ $__________
Class A9 $__________ $__________
Class A10 $__________ $__________
Class A11 $__________ $__________
Class A12 $__________ $__________
Class A13 $__________ $__________
Class A14 $__________ $__________
Class A15 $__________ $__________
Class A16 $__________ $__________
Class A17 $__________ $__________
Class A18 $__________ $__________
Class A19 $__________ $__________
Class A20 $__________ $__________
Class A21 $__________ $__________
Class A22 $__________ $__________
Class PO $__________ $__________
Class M $__________ $__________
Class B1 $__________ $__________
Class B2 $__________ $__________
Class B3 $__________ $__________
Class B4 $__________ $__________
Class B5 $__________ $__________
Class R $__________ $__________
(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) Aggregate Scheduled Principal Balance and number of modified Mortgage
Loans: $__________ __________
(13) Senior Percentage for such Distribution Date: __________%
(14) Senior Prepayment Percentage for such Distribution Date: __________%
(15) Class A3 Group II Senior Percentage: __________%
(16) Class A3 Percentage: __________%
(17) Class A3 Principal Distribution Amount: __________%
(18) Class A7 Group II Senior Percentage: __________%
(19) Class A7 Percentage: __________%
(20) Class A7 Principal Distribution Amount: __________%
(21) Junior Percentage for such Distribution Date: __________%
(22) Junior Prepayment Percentage for such Distribution Date: __________%
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 Multi-Class Pass-Through Certificates, Series 199_-__,
Class B_ (the "Class B_ Certificates"). The Class B_ Certificates were issued
pursuant to a Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") dated as of ________ 1, 199_ between the Company (in its capacity as
servicer thereunder, the "Servicer") and State Street Bank and Trust Company as
Trustee.
____________________________ or an affiliate thereof intends to resell all
of the Class B_ Certificates directly to the Purchaser on or promptly after the
date hereof.
In connection with such sale, the parties hereto have agreed that the
Company, as Servicer, will engage in certain special servicing procedures
relating to foreclosures for the benefit of the Purchaser, and that the
Purchaser will deposit funds in a collateral fund to cover any losses
attributable to such procedures as well as all advances and costs in connection
therewith, as set forth herein.
[The parties hereto have further agreed that the Purchaser will have no
rights, and the Company will have no obligations under this Agreement until the
Class Certificate Principal Balance of the REMIC Multi-Class Pass-Through
Certificates, Series 199_-__, Class B5 (the "Class B5 Certificates") has been
reduced to zero, and any Special Servicing and Collateral Fund Agreement in
respect of such Class between the Company and the Purchaser has been
terminated.]
In consideration of the mutual agreements herein contained, the receipt and
sufficiency of which are hereby acknowledged, the Company and the Purchaser
agree that the following provisions shall become effective and shall be binding
on and enforceable by the Company and the Purchaser upon the acquisition by the
Purchaser of the Class B_ Certificates.
<PAGE>
ARTICLE I
DEFINITIONS
Section 1.01. Defined Terms. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:
Business Day: Any day other than (i) a Saturday or a Sunday of (ii) a day
on which banking institutions in New York City or Boston, Massachusetts are
required or authorized by law or executive order to be closed.
Collateral Fund: The fund established and maintained pursuant to Section
3.01 hereof.
Collateral Fund Permitted Investments: Either (i) obligations of, or
obligations fully guaranteed as to principal and interest by, the United States,
or any agency or instrumentality thereof, provided such obligations are backed
by the full faith and credit of the United States, (ii) repurchase agreements on
obligations specified in clause (i) provided that the unsecured obligations of
the party agreeing to repurchase such obligations are at the time rated by each
Rating Agency in the highest long-term rating category, (iii) federal funds,
certificates of deposit, time deposits and banker's acceptances of any U.S.
depository institution or trust company incorporated under the laws of the
United States or any state provided that the debt obligations of such depository
institution or trust company at the date of acquisition thereof have been rated
by each Rating Agency in the highest long-term rating category, (iv) commercial
paper of any corporation incorporated under the laws of the United States or any
state thereof which on the date of acquisition has the highest short term rating
of each Rating Agency, and (v) other obligations or securities that are
acceptable to each Rating Agency as a Collateral Fund Permitted Investment
hereunder and will not, as evidenced in writing, result in a reduction or
withdrawal in the then current rating of the Certificates and, for each of the
preceding clauses, the maturity thereof shall be not later than the earlier to
occur of (A) 30 days from the date of the related investment and (B) the
Business Day preceding the next succeeding Distribution Date.
Commencement of Foreclosure: The first official action required under local
law in order to commence foreclosure proceedings or to schedule a trustee's sale
under a deed of trust, including (i) in the case of a mortgage, any filing or
service of process necessary to commence an action to foreclose, or (ii) in the
case of a deed of trust, the posting, publishing, filing or delivery of a notice
of sale, but not including in either case (x) any notice of default, notice of
intent to foreclose or sell or any other action prerequisite to the actions
specified in (i) or (ii) above and, upon the consent of the Purchaser which will
be deemed given unless expressly withheld within two Business Days of
notification, (y) the acceptance of a deed-in-lieu of foreclosure (whether in
connection with a sale of the related property or otherwise) or (z) initiation
and completion of a short pay-off.
Current Appraisal: With respect to any Mortgage Loan as to which the
Purchaser has made an Election to Delay Foreclosure, an appraisal of the related
Mortgaged Property 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 as the applicable Mortgage Rate for the Excess
Period. The terms of this Agreement will no longer apply to the servicing of any
Mortgage Loan upon the failure of the Purchaser to deposit the above amounts
relating to the Mortgage Loan within two Business Days of (i) the Election to
Delay Foreclosure or (ii) the beginning of the related Excess Period, as the
case may be.
(e) With respect to any Mortgage Loan as to which the Purchaser has made an
Election to Delay Foreclosure, the Company or the Trustee may withdraw from the
Collateral Fund from time to time amounts necessary to reimburse the Company for
all related Monthly Advances and Liquidation Expenses thereafter made by the
Company as Servicer in accordance with the Pooling and Servicing Agreement. To
the extent that the amount of any such Liquidation Expense is determined by the
Company based on estimated costs, and the actual costs are subsequently
determined to be higher, the Company or the Trustee may withdraw the additional
amount from the Collateral Fund to reimburse the Company. In the event that the
Mortgage Loan is brought current by the mortgagor, the amounts so withdrawn from
the Collateral Fund shall be redeposited therein as and to the extent that
reimbursement therefor from amounts paid by the mortgagor is not prohibited
pursuant to the Pooling and Servicing Agreement as of the date hereof. Except as
provided in the preceding sentence, amounts withdrawn from the Collateral Fund
to cover Monthly Advances and Liquidation Expenses shall not be redeposited
therein or otherwise reimbursed to the Purchaser. If and when any such Mortgage
Loan is brought current by the mortgagor, all amounts remaining in the
Collateral Fund in respect of such Mortgage Loan (after adjustment for all
previous withdrawals and deposits pursuant to this 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.
ARTICLE III
COLLATERAL FUND; SECURITY INTEREST
Section 3.01. Collateral Fund. Upon payment by the Purchaser of the initial
amount required to be deposited in the Collateral Fund pursuant to Article II,
the Company shall request the Trustee to establish and maintain with the Trustee
a segregated account entitled "REMIC Multi-Class Pass-Through Certificates
199_-__ Collateral Fund, for the benefit of GE Capital Mortgage Services, Inc.
and State Street Bank and Trust Company on behalf of Certificateholders, as
secured parties" (the "Collateral Fund"). Amounts held in the Collateral Fund
shall continue to be the property of the Purchaser, subject to the first
priority security interest granted hereunder for the benefit of such secured
parties, until withdrawn from the Collateral Fund pursuant to the Section 2.02
or 2.03 hereof.
Upon the termination of this Agreement and the liquidation of all Mortgage
Loans as to which the Purchaser has made any Election to Delay Foreclosure or
any Election to Foreclose pursuant to Section 2.04 hereof, the Company shall
distribute to the Purchaser all amounts remaining in the Collateral Fund
together with any investment earnings thereon (after giving effect to all
withdrawals therefrom permitted under this Agreement).
The Purchaser shall not take or direct the Company or the Trustee to take
any action contrary to any provision of the Pooling and Servicing Agreement. In
no event shall the Purchaser (i) take or cause the Trustee or the Company to
take any action that could cause any REMIC established under the Pooling and
Servicing Agreement to fail to qualify as a REMIC or cause the imposition on any
such REMIC of any "prohibited transaction" or "prohibited contribution" taxes or
(ii) cause the Trustee or the Company to fail to take any action necessary to
maintain the status of any such REMIC as a REMIC.
Section 3.02. Collateral Fund Permitted Investments. The Company shall, at
the written direction of the Purchaser, direct the Trustee to invest the funds
in the Collateral Fund in the name of the Trustee in Collateral Fund Permitted
Investments. Such direction shall not be changed more frequently then quarterly.
In the absence of any direction, the Company shall direct the Trustee select
such investments in accordance with the definition of Collateral Fund Permitted
Investments in its discretion.
All income and gain realized from any investment as well as any interest
earned on deposits in the Collateral Fund (net of any losses on such
investments) and any payments of principal made in respect of any Collateral
Fund Permitted Investment shall be deposited in the Collateral Fund upon
receipt. All costs and realized losses associated with the purchase and sale of
Collateral Fund Permitted Investments shall be borne by the Purchaser and the
amount of net realized losses shall be promptly deposited by the Purchaser in
the Collateral Fund. The Company shall periodically (but not more frequently
than monthly) direct the Trustee to distribute to the Purchaser upon request an
amount of cash, to the extent cash is available therefor in the Collateral Fund,
equal to the amount by which the balance of the Collateral Fund, after giving
effect to all other distributions to be made from the Collateral Fund on such
date, exceeds the Required Collateral Fund Balance. Any amounts so distributed
shall be released from the lien and security interest of this Agreement.
Section 3.03. Grant of Security Interest. In order to secure the
obligations of the Purchaser hereunder to the Company and the Trustee for the
benefit of Certificateholders (other than its obligations under Section 4.10),
the Purchaser hereby grants to the Company and to the Trustee for the benefit of
the Certificateholders a security interest in and lien on all of the Purchaser's
right, title and interest, whether now owned or hereafter acquired, in and to:
(1) the Collateral Fund, (2) all amounts deposited in the Collateral Fund and
Collateral Fund Permitted Investments in which such amounts are invested (and
the distributions and proceeds of such investments) and (3) all cash and
non-cash proceeds of any of the foregoing, including proceeds of the voluntary
or involuntary conversion thereof (all of the foregoing collectively, the
"Collateral").
The Purchaser acknowledges the lien on and security interest in the
Collateral for the benefit of the Company and the Trustee on behalf of the
Certificateholders. The Purchaser shall take all actions requested by the
Company or the Trustee as may be reasonably necessary to perfect the security
interest created under this Agreement in the Collateral and cause it to be prior
to all other security interests and liens, including the execution and delivery
to the Company or at its direction the Trustee for filing of appropriate
financing statements in accordance with applicable law.
Section 3.04. Collateral Shortfalls. In the event that amounts on deposit
in the Collateral Fund at any time are insufficient to cover any withdrawals
therefrom that the Company or the Trustee is then entitled to make hereunder,
the Purchaser shall be obligated to pay such amounts to the Company or the
Trustee immediately upon demand. Such obligation shall constitute a general
corporate obligation of the Purchaser. The failure to pay such amounts within
two Business Days of such demand (except for amounts to cover interest on a
Mortgage Loan pursuant to Sections 2.02(d) and 2.03(b)), shall cause an
immediate termination of the Purchaser's right to make any Election to Delay
Foreclosure or Election to Foreclose and the Company's obligations under this
Agreement with respect to all Mortgage Loans to which such insufficiencies
relate, without the necessity of any further notice or demand on the part of the
Company.
ARTICLE IV
MISCELLANEOUS PROVISIONS
Section 4.01. Amendment. This Agreement may be amended from time to time by
the Company and the Purchaser by written agreement signed by the Company and the
Purchaser provided that no such amendment shall have a material adverse effect
on the holders of other Classes of Certificates.
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 Multi-Class Pass-Through Certificates, Series [____]
("Agreement"). Such Mortgage Loan constitutes a Designated Loan.
3. The Company is the payee under the following described Mortgage Note
("Mortgage Note") which evidences the obligation of the borrower(s) to repay the
Mortgage Loan:
Loan Number: ___________________________________
Mortgage Note Date:_____________________________
Borrower(s): ___________________________________
Original Payee (if not the Company): ___________
Original Amount:________________________________
Mortgage Rate: _________________________________
Address of Mortgaged Property: _________________
________________________________________________
4. The Company is the lawful owner of the Mortgage Note and has not
cancelled, altered, assigned or hypothecated the Mortgage Note.
5. A thorough and diligent search for the executed original Mortgage Note
was undertaken and was unsuccessful.
6. Attached hereto is a true and correct copy of the Mortgage Note.
7. The Mortgage Note has not been endorsed by the Company in any manner
inconsistent with its transfer of the Mortgage Loan under the Agreement.
8. Without limiting the generality of the rights and remedies of the
Trustee contained in the Agreement, the Company hereby confirms and agrees that
in the event the inability to produce the executed original Mortgage Note
results in a breach of the representations and warranties appearing in Agreement
subsections 2.03(a)(ii) (the validity and enforceability of the 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
SCHEDULE OF DESIGNATED LOANS
SERIES 1998-25
LOAN NO. ORIGINAL BORROWER
PRINCIPAL BALANCE NAME
31605645 $281,600.00 Downey
<PAGE>
EXHIBIT N
SCHEDULE OF PLEDGED ASSET
MORTGAGE LOANS
List of Additional Collateral Loans Transferred by
GE Capital Mortgage Services, Inc. to
State Street Bank and Trust Company, as Trustee
REMIC Multi-Class Pass-Through Certificates, Series 1998-25
GECMSI MLCC SCHEDULED CPA-COVERED ACTUAL
LOAN NO. LOAN NO. PRINCIPAL PLEDGE PLEDGE
BALANCE AMOUNT AMOUNT
7747348 3456688 $ 424,023.85 $ 127,500.00 $ 127,500.00
7747447 3495694 $ 991,140.93 $ 125,700.00 $ 300,000.00
7747462 3496320 $ 268,881.00 $ 80,850.00 $ 80,850.00
7747512 3514437 $ 324,050.09 $ 97,500.00 $ 97,500.00
7747587 3538196 $ 298,313.28 $ 89,700.00 $ 89,700.00
7747595 3549607 $ 446,255.94 $ 134,250.00 $ 134,250.00
7747710 3505435 $ 972,613.13 $ 292,500.00 $ 292,500.00
7747801 3549482 $ 419,011.12 $ 124,060.00 $ 124,060.00
7747827 3556180 $ 289,113.41 $ 79,900.00 $ 86,970.00
7747900 3565827 $ 445,973.32 $ 134,100.00 $ 134,100.00
7747918 3566486 $ 288,835.05 $ 86,850.00 $ 86,850.00
7747934 3566643 $ 309,214.20 $ 87,400.00 $ 87,400.00
7747942 3566775 $ 279,223.45 $ 84,000.00 $ 84,000.00
7747983 3576592 $ 314,276.50 $ 70,000.00 $ 70,000.00
7748056 3595519 $ 229,444.94 $ 69,000.00 $ 69,000.00
7748130 3621968 $ 346,203.01 $ 104,100.00 $ 104,100.00
7748148 3623279 $ 247,502.09 $ 75,000.00 $ 87,500.00
7748155 3623600 $ 393,998.74 $ 118,500.00 $ 118,500.00
31878564 3730892 $ 259,802.16 $ 78,000.00 $ 78,000.00
31878747 3670734 $ 252,594.16 $ 75,900.00 $ 75,900.00
Totals: $ 7,800,470.37 $2,134,810.00 $2,328,680.00
Page 1
None
<PAGE>
EXHIBIT O
SENIOR PRINCIPAL PRIORITIES
EXHIBIT O
---------
SENIOR PRINCIPAL PRIORITIES
third, to the Classes of Senior Certificates, in reduction of the
Class Certificate Principal Balances thereof, to the extent of
remaining Available Funds, concurrently as follows:
(a) to the Class A1, Class A2, Class A3, Class A4, Class A5, Class
A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class A12, Class
A13, Class A14, Class A15, Class A16, Class A17, Class A18, Class A19,
Class A20, Class A21, Class A22 and Class R Certificates, the Senior
Optimal Principal Amount for such Distribution Date in the following
order of priority:
(i) to the Class R Certificates (together with the Class A1,
Class A2, Class A4, Class A5, Class A6, Class A8, Class A9, Class
A10, Class A11, Class A12, Class A13, Class A14, Class A15, Class
A16, Class A17, Class A18, Class A19, Class A20, Class A21 and Class
A22 Certificates, the "Group I Senior Certificates"), until the Class
Certificate Principal Balance thereof has been reduced to zero; and
(ii) to the Class A1, Class A2, Class A3, Class A4, Class A5,
Class A6, Class A7, Class A8, Class A9, Class A10, Class A11, Class
A12, Class A13, Class A14, Class A15, Class A16, Class A17, Class A18,
Class A19, Class A20, Class A21 and Class A22 Certificates,
concurrently as follows:
(A) approximately 10.4328279058% of the amount distributable
pursuant to this clause (ii) to the Class A4 Certificates, until
the Class Certificate Principal Balance
thereof has been reduced to zero;
(B) approximately 20.8656560196% of the amount distributable
pursuant to this clause (ii) to the Class A7 and Class A16
Certificates, and to the Class A2, Class A5, Class A6, Class A15
and Class A17 Certificates in respect of the Class A2A, Class
A5A, Class A6A, Class A15A and Class A17A Components,
respectively, in the following order of priority:
(I) first, to the Class A7 Certificates (together with
the Class A3 Certificates, the "Group II Senior
Certificates"), the Class A7 Principal Distribution Amount
(as defined herein) for such Distribution Date, until the
Class Certificate Principal Balance thereof has been reduced
to zero;
(II) second, to the Class A16 Certificates, and to the
Class A5 and Class A17 Certificates in respect of the Class
A5A and Class A17A Components, respectively, concurrently as
follows:
(a) approximately 57.5094017825% of the amount
distributable pursuant to this clause (ii)(B)(II) to the
Class A5 Certificates in respect ot the Class A5A
Component, until the Component Principal Balance thereof
has been reduced to zero; and
(b) approximately 42.4905982175% of the amount
distributable pursuant to this clause (ii)(B)(II), in the
following order of priority: first, to the Class A16
Certificates, until the Class Certificate Principal
Balance thereof has been reduced to zero; and second, to
the Class A17 Certificates in respect of the Class A17A
Component, until the Component Principal Balance thereof
has been reduced to zero; and
(III) third, pro rata to the Class A2, Class A6 and
Class A15 Certificates in respect of the Class A2A, Class A6A
and Class A15A Components, respectively, until the Component
Principal Balances thereof have each been reduced to zero;
and
(C) approximately 68.7015160746% of the amount distributable
pursuant to this clause (ii) to the Class A1, Class A3, Class A8,
Class A9, Class A10, Class A11, Class A12, Class A13, Class A14,
Class A18, Class A19, Class A20, Class A21 and Class A22
Certificates, and to the Class A2, Class A5, Class A6, Class A15
and Class A17 Certificates in respect of the Class A2B, Class
A5B, Class A6B, Class A15B and Class A17B Components,
respectively, in the following order of priority:
(I) first, to the Class A3 Certificates, the Class A3
Principal Distribution Amount (as defined herein) for such
Distribution Date, until the Class Certificate Principal
Balance thereof has been reduced to zero;
(II) second, to the Class A1, Class A8, Class A9, Class
A10, Class A11, Class A18, Class A19, Class A20, Class A21
and Class A22 Certificates, and to the Class A5 and Class A17
Certificates in respect of the Class A5B and Class A17B
Components, respectively, concurrently as
follows:
(a) approximately 40.3280643224% of the amount
distributable pursuant to this clause (ii)(C)(II) to the
Class A9 Certificates, until the Class Certificate
Principal Balance thereof has been reduced to zero;
(b) approximately 14.3388673146% of the amount
distributable pursuant to this clause (ii)(C)(II) pro
rata to the Class A18 Certificates and to the Class A5
Certificates in respect of the Class A5B Component, until
the Class Certificate Principal Balance of the Class A18
Certificates and the Component Principal Balance of such
Component have each been reduced to zero; and
(c) approximately 45.3330683630% of the amount
distributable pursuant to this clause (ii)(C)(II) to the
Class A1, Class A8, Class A10, Class A11, Class A19,
Class A20, Class A21 and Class A22 Certificates, and to
the Class A17 Certificates in respect of the Class A17B
Component, in the following order of priority:
(1) first, concurrently as follows:
(x) approximately 85.0827838678% of the
amount distributable pursuant to this clause
(ii)(C)(II)(c)(1) to the Class A8 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(y) approximately 14.9172161322% of the
amount distributable pursuant to this clause
(ii)(C)(II)(c)(1), in the following order of
priority: first, to the Class A10 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; and second, to
the Class A11 Certificates, until the Class
Certificate Principal Balance thereof has been
reduced to zero; and
(2) second, concurrently as follows:
(x) approximately 40.9053331964% of the
amount distributable pursuant to this clause
(ii)(C)(II)(c)(2) to the Class A1 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero;
(y) approximately 29.5473347653% of the
amount distributable pursuant to this clause
(ii)(C)(II)(c)(2) to the Class A17 Certificates
in respect of the Class A17B Component, until the
Component Principal Balance thereof has been
reduced to zero; and
(z) approximately 29.5473320383% of the
amount distributable pursuant to this clause
(ii)(C)(II)(c)(2) in the following order of
priority: first, to the Class A19 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; second, to the
Class A20 Certificates, until the Class
Certificate Principal Balance thereof has been
reduced to zero; third, to the Class A21
Certificates, until the Class Certificate
Principal Balance thereof has been reduced to
zero; and fourth, to the Class A22 Certificates,
until the Class Certificate Principal Balance
thereof has been reduced to zero; and
(III) third, to the Class A12, Class A13 and Class A14
Certificates, and to the Class A2, Class A6 and Class A15
Certificates in respect of the Class A2B, Class A6B and Class
A15B Components, respectively, concurrently as follows:
(a) approximately 19.8607495534% of the amount
distributable pursuant to this clause (ii)(C)(III) to the
Class A2 Certificates in respect of the Class A2B
Component, until the Component Principal Balance thereof
has been reduced to zero;
(b) approximately 2.8072838182% of the amount
distributable pursuant to this clause (ii)(C)(III) to the
Class A6 Certificates in respect of the Class A6B
Component, until the Component Principal Balance thereof
has been reduced to zero;
(c) approximately 7.1498711745% of the amount
distributable pursuant to this clause (ii)(C)(III) to the
Class A15 Certificates in respect of the Class A15B
Component, until the Component Principal Balance
thereof has been reduced to zero; and
(d) approximately 70.1820954539% of the amount
distributable pursuant to this clause (ii)(C)(III) shall
be distributed in the following order of priority: first,
to the Class A12 Certificates, until the Class
Certificate Principal Balance thereof has been reduced to
zero; and second, pro rata to the Class A13 and Class A14
Certificates, until the Class Certificate Principal
Balances thereof have each been reduced to zero; and
(b) to the Class PO Certificates, the Class PO Principal
Distribution Amount for such Distribution Date, until the Class
Certificate Principal Balance thereof has been reduced to zero;
