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) May 28,
1996
CS First Boston Mortgage Securities Corp.
(Exact name of registrant as specified in its charter)
Delaware 33-99612 Applied For
(State or other jurisdiction (Commission
(IRS Employer
of incorporation or File Number)
Identification
organization) Number)
55 East 52nd Street
New York, New York 10055
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number including area code (212) 909-
3512
CS First Boston Mortgage Securities Corp.
Form 8-K
INDEX
Page Number
Item 5. Other Events
3
Item 7. Financial Statements and Exhibits
3
SIGNATURES 4
INDEX OF EXHIBITS 5
ITEM 5. OTHER EVENTS
The CS First Boston Mortgage Securities Corp. makes monthly
remittances to security holders. The latest remittance was
made May 28, 1996. We have furnished a monthly remittance
statement delivered to the trustee with security holder
payment instructions.
Monthly Remittance
Statement...................................................
......Exhibit 21.1
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibits
21.1 Monthly Remittance Statement dated as of May 28,
1996.
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.
CS First Boston Mortgage Securities
Corp.
(Registrant)
By: CS First Boston
Name: Gina Hubbell
Title: Managing Director
INDEX OF EXHIBITS
Page of Sequentially
Numbered Pages
21.1 Monthly Remittance Statement dated 6-14
as of May 28, 1996.
EXHIBIT 21.1 PAGE 6
DISTRIBUTION STATEMENT
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
CS First Boston Mortgage Securities Corp.
Phone: (410) 884-2080
Series 1995-1
Distribution Date: 5/28/96
Pooled Cert. Dist. Date: 3/25/96- 5/28/96
Aggregate
Pass-Through Beginning Interest
Interest Principal RealizedEnding Deferred Total
Realized
Class Rate Balance Accrual
Distribution DistributionLoss Balance Interest
DistribuLosses
A-1 0.056125 1220706665
17128040.39 17126203.16 66592092.25 0 1154114572
1837.222583718295 0
IO 0.01846608 0
5635416.687 5634812.21 0 0 0
604.47747 5634812 0
R 0 0
0 367697.5459 0 0 0
0367697.5 0
TOTALS 1220706665
22763457.07 23128712.92 66592092.25 0 11541145720
2441.789720805 0
Principal
Interest
Class CUSIP Priority Type
Type
A-1 126342DC5 Senior Pro-Rata
Variable
IO N/A Notional IO Notional IO
Variable
R N/A Residual Residual
Residual
EXHIBIT 21.1 PAGE 7
PAYMENTS PER SECURITY DENOMINATION
NORWEST BANK MINNESOTA, NA
CSandro Bonacci
CS First Boston Mortgage Securities Corp.
P(410) 884-2080
Series 1995-1
Distribution Date: 5/28/96
Pooled Cert. Dist. Date: 3/25/96- 5/28/96
AMOUNTS PER INDIVIDUAL SECURITRemaining
Original % of Integral
Record Interest InterestPrincipal REnding
Principal
Class Balance Pool
Denomination Date Accrual
DistribuDistributionLBalance Factor
A-1 1278320095 1
1000 35185 13.3988665713.39743 52.093440850########
0.902837
IO 0 0
1000 35185N/A N/A N/A N
0N/A
R 0 0
1000 35185N/A N/A N/A N
0N/A
TOTALS 1278320095
######## 0.902837
PRINCIPAL DISTRIBUTION DETAIL
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
CS First Boston Mortgage Securities Corp.
Phone: (410) 884-2080
Series 1995-1
Distribution Date: 5/28/96
Pooled Cert. Dist. Date: 3/25/96- 5/28/96
Total
Beginning Total
Realized Ending Principal
Class Balance Principal Accretion
Loss Balance Distribution
A-1 1220706665 66592092.25
0 0 115411457266592092
IO 0 0
0 0 0 0
R 0 0
0 0 0 0
TOTALS 1220706665 66592092.25
0 0 115411457266592092
Page 2
Class IO Deferred Interest Carry
0
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
Phone: (410) 884-2080
Total Ending Aggregate Aggregate
Interest NotionalInterest Deferred
DistributiBalance Shortfall Interest
N/A 03559.773
####### 0956.2575
N/A 0 0
0 0 4516.03
35219.38508 35219.38508
Page 3
EXHIBIT 21.1 PAGE 8
INTEREST DISTRIBUTION DETAIL
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
CS First Boston Mortgage Securities Corp.
Phone: (410) 884-2080
Series 1995-1
Distribution Date: 5/28/96
Pooled Cert. Dist. Date: 3/25/96- 5/28/96
Beginning
Interest Other Total Ending Aggregate
Aggregate
Pass-Through Beginning Notional
Interest Shortfall / DeferredInterest Interest
NotionalInterest Deferred
Class Rate Balance Balance
Accrual (Recovery) InterestAdjustments
DistributiBalance Shortfall Interest
A-1 0.056125 1220706665N/A
17128040.39 01837.223 0 N/A
03559.773
IO 0.01846608 0
1220706665 5635416.687 0604.4775 0
####### 0956.2575
R 0 0N/A
0 0 0 367697.5459 N/A
0 0
TOTALS 1220706665
22763457.07 0 2441.7 367697.5459 0
0 4516.03
*Note: Effective Quarterly Weighted Average Mortgage
Certificate Pass- 0.07459108
35219.39367 35219.39367
Page 4
EXHIBIT 21.1 PAGE 9
.
FUND ACCOUNTS ACTIVITY SUMMARY
NORWEST BANK MINNESOTA, NA
CSandro Bonacci
CS First Boston Mortgage Securities Corp.
P(410) 884-2080
Series 1995-1
Distribution Date:
5/28/96
Pooled Cert. Dist. Date:
3/25/96- 5/28/96
Proceeds Account
Beginning Balance
0
Deposits
Withdrawals
Scheduled Interest
22763457.02 Interest Payments
Total Principal
66589650.55 Principal Payments
Yield Support Payment
0 Admini
Reinvestment Income
370139.3 Servi0
Deferred Interest
- -2441.7
Total Deposits
89720805 Total Wi-89743693
Ending B-22888.25
Other Accounts
Reserve Reserve Expense Pool Special
Fund 1 Fund 2 Fund Insurance HOther
Beginning Balance
5690714.92 0 0 00 0
Deposits
6002509.756 0 0 00 0
Earnings
0 0 0 00 0
Withdrawals
0 0 0 00 0
Ending Balance
11693224.68 0 0 00 0
Advances on Delinquencies
Beginning Balance
N/A
Current Period
N/A
Ending Balance
N/A
Page 5
Delinquency Worksheet
May-96
Pooled Pool
Certificate Balance $30 - day $ 60 - Day
$ 90 - day $ - F/C $ - REO total
Series 1992-1 178578441.9 7304731.82
1601593.55 11434653.48 0 0 20340978.85
Series 1992-4 343051651.3 5199330.98
1314486.63 2069782.78 9671090.37 5252950 23507641
Series 1992-6 232637089.8 5300630.07
983628.88 767611.83 8871265.91 2442254 18365390.31
Series 1992-7 83762322.89 2061595.11
820097.26 40494.48 3788553.08822853.4 7533593.29
Series 1992-8 118525084.3 1851513.92
1258748.48 1783291.84 2715126700250.1 8308930.29
Series 1992-9 144565591.3 3657165.16
508980.2 700115.71 6713940.75 1685509 13265710.88
Series 1992-1 67311162.21 399817.43
304202.44 165399.28 866134.19183378.7 1918932.02
Series 1992-1 69277723.07 1221427.33
527785.17 0 424601.96165061.8 2338876.22
Series 1992-1 20785481.97 725749.57
84810.6 0 312707.7447551.81 1170819.72
Series 1992-1 189111563.3 3849409.99
832043.97 2773949.1 3167778.27 0 10623181.33
Series 1992-1 38228849.65 2272092.72
285310.78 1389466.85 1058818.9 0 5005689.25
Series 1992-1 190100609.8 3785407.43
1682499.34 380143.66 4000340.89 2106301 11954692.16
Series 1992-1 7498785.15 403143.86
0 0 0 0 403143.86
Series 1992-1 71208552.9 1905508.28
431063.6 0 589839.52369044.5 3295455.85
Series 1992-1 95782436.66 2922636.13
521192.31 1009451.16 2077021.56 0 6530301.16
Series 1992-1 21040541.8 697637.87
129292.65 94614.61 130862.83 0 1052407.96
Series 1992-1 114407430.4 1142930.47
1034972.54 1473676.41 5561462.62 3902715 13115757.49
Series 1992-1 192083529.9 3100802.94
0 1390497.11 7122666.96 5296112 16910078.94
Series 1993-3 166045537.7 6028851.3
1891895.36 1147790.59 1542149.81 1532989 12143675.77
Series 1994-1 0 0
0 0 0 0 0
Series 1994-1 0 0
0 0 0 0 0
TOTAL 2344002386 53830382.38
14212603.76 26620938.89 58614361.3624506970 177785256.4
EXHIBIT 21.1 PAGE 10
COLLATERAL SUMMARY
NORWEST BANK MINNESOTA, NA
Contact:Sandro Bonacci
CS First Boston Mortgage Securities Corp.
Phone: (410) 884-2080
Series 1995-1
Distribution 5/28/96
Quarterly Pay 3/25/96- 5/28/96
Record Month: May-96
Total Aggregate
Pooled Begininng Stated Interest
Interest Interest PrincipaRealized DExpense
Ending CollaterRealized
Certificate Balance Rate Accrual
Distribution Shortfall DistribuLosses IFund
Balance DistribuLosses
Series 1992-1 9023530.25 0.075434653
56723.91 56723.91 0242426.6 00
0 8781104 299150.5 0
Series 1992-4 137969613.2 0.07652866
879885.8 879885.8 0 2547336 00
0####### 3427222 0
Series 1992-6 114973845.4 0.0773964
741546.81 741546.81 0 2708297 00
0####### 3449844 0
Series 1992-7 35928870.18 0.07449329
223038.31 223038.31 0886400.9 00
035042469 1109439 0
Series 1992-8 69827752.67 0.07598981
442183.14 442180.48 0 1114092 03
068713661 1556270 0
Series 1992-9 104339877.1 0.07516356
653546.38 653546.38 0 2277207 00
0####### 2930754 0
Series 1992-1 36996392.58 0.06879862
212108.4 212108.4 0 584088 00
036412305 796196.4 0
Series 1992-1 56504863.27 0.0691735
325719.93 325719.93 0 1027974 00
055476889 1353694 0
Series 1992-1 15029180.97 0.07418055
92906.08 92906.08 0271528.5 00
014757652 364434.6 0
Series 1992-1 122228008.3 0.07530026
766983.4 766983.4 0 2620449 00
0 1.2E+08 3387432 0
Series 1992-1 6485977.27 0.07065091
38186.68 38186.68 0124142.2 00
0 6361835 162328.9 0
Series 1992-1 120864887.3 0.07719327
777496.32 777496.32 0 2424455 00
0####### 3201951 0
Series 1992-1 6500831.34 0.07614105
41248.34 41248.34 0459027.6 00
0 6041804 500276 0
Series 1992-1 43806175.68 0.07767292
283546.13 283388.47 0833504.7 0
042972671 1116736 0
Series 1992-1 80363131.94 0.0744848
498819.32 498819.32 0 2298896 00
078064236 2797715 0
Series 1992-1 6374412.4 0.06767881
35951.05 35951.05 0193494.4 00
0 6180918 229445.5 0
Series 1992-1 67866247.45 0.07660796
433257.9 433201.09 0 1952845 0
065913402 2385989 0
Series 1992-1 79772555.51 0.0703002
467335.55 467140.54 0 1345742 0
078426813 1812688 0
Series 1993-3 49460575.05 0.07895216
325418.27 325184.33 0 1234113 0
048226462 1559064 0
Series 1994-1 12344209.09 0.080866963
83186.55811 83186.56 0269646.2 00
012074563 352832.8 0
Series 1994-1 2899516.66 0.082115123
19841.18059 19841.18 030215.06 00
0 2869302 50056.24 0
1179560454
7398929.459 7398283.38 025445881 0
0####### 32843519 0
Page 7
EXHIBIT 21.1 PAGE 11
COLLATERAL SUMMARY
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
Record Month: Apr-96
Phone: (410) 884-2080
Total Aggregate
Pooled Begininng Stated Interest
Interest Interest PrincipaRealized DExpense
Ending CollaterRealized
Certificate Balance Rate Accrual
Distribution Shortfall DistribuLosses IFund
Balance DistribuLosses
Series 1992-1 9241148.81 0.076381922
58821.39 58821.39 0217618.6 00
0 9023530 276440 0
Series 1992-4 140721041.1 0.07722945
905650.72 905650.72 0 2751428 00
0####### 3657079 0
Series 1992-6 117329354.3 0.07788951
761560.49 761560.49 0 2355509 00
0####### 3117069 0
Series 1992-7 36531343.64 0.07518105
228872.06 228872.06 0602473.5 00
035928870 831345.5 0
Series 1992-8 71434423.42 0.07695491
458102.47 458099.82 0 1606671 03
069827753 2064768 0
Series 1992-9 106250514.9 0.07564077
669739.23 669739.23 0 1910638 00
0####### 2580377 0
Series 1992-1 37284461.97 0.06909419
214678.31 214678.31 0288069.4 00
036996393 502747.7 0
Series 1992-1 57164034.56 0.06886546
328052.29 328052.29 0659171.3 00
056504863 987223.6 0
Series 1992-1 15179460.44 0.07426643
93943.69 93943.69 0150279.5 00
015029181 244223.2 0
Series 1992-1 124441225 0.07641943
792477.29 792477.29 0 2213217 00
0####### 3005694 0
Series 1992-1 6514575.58 0.07076308
38415.95 38415.95 028598.31 00
0 6485977 67014.26 0
Series 1992-1 123059084.8 0.07779473
797779.02 797779.02 0 2194197 00
0####### 2991977 0
Series 1992-1 6753408.16 0.07737199
43543.72 43543.72 0252576.8 00
0 6500831 296120.5 0
Series 1992-1 44593635.95 0.07786829
289369.18 289210.21 0787460.3 0
043806176 1076512 0
Series 1992-1 81153746.66 0.07579515
512588.37 512588.37 0790614.7 00
080363132 1303203 0
Series 1992-1 6582647.11 0.06722219
36875 36875 0208234.7 00 0
6374412 245109.7 0
Series 1992-1 69690285.96 0.07774225
451489.97 451433.25 0 1824039 0
067866247 2275415 0
Series 1992-1 81029365.13 0.07083937
478339.1 478108.7 0 1256810 0
079772556 1734688 0
Series 1993-3 50643492.12 0.07973032
336485.15 336103.62 0 1182917 0
049460575 1518639 0
Series 1994-1 12528335.32 0.0813254
84905.99 84905.99 0184126.2 00
012344209 269032.2 0
Series 1994-1 2950558.11 0.082182215
20206.95 20206.95 051041.45 00
0 2899517 71248.4 0
1201076143
7601896.34 7601066.07 021515690 0
0####### 29115925 0
35219.39662 35219.39662
Page 7
EXHIBIT 21.1 PAGE 12
COLLATERAL SUMMARY
NORWEST BANK MINNESOTA, NA
Contact: Sandro Bonacci
Record Month: Mar-96
Phone: (410) 884-2080
Total Aggregate
Pooled Begininng Stated Interest
Interest Interest PrincipaRealized DExpense
Ending CollaterRealized
Certificate Balance Rate Accrual
Distribution Shortfall DistribuLosses IFund
Balance DistribuLosses
Series 1992-1 9423208.69 0.07668455
60217.88 60217.88 0182059.9 00
0 9241149 242277.8 0
Series 1992-4 143072349.5 0.07761244
925349.51 925349.51 0 2351308 00
0####### 3276658 0
Series 1992-6 118830694.5 0.07807302
773122.6 773121.72 0 1501340 01
0####### 2274461 0
Series 1992-7 37180345.57 0.07557733
234165.94 234152.35 0649001.9 0
036531344 883140.7 0
Series 1992-8 72665393.03 0.0773996
468689.36 468675.83 0 1230970 0
071434423 1699632 0
Series 1992-9 108304718.7 0.07611376
686956.61 686956.61 0 2054204 00
0####### 2741160 0
Series 1992-1 37634135.38 0.06966732
218489.11 218489.11 0349673.4 00
037284462 568162.5 0
Series 1992-1 57807665.61 0.06839151
329462.8 329462.8 0643631.1 00
057164035 973093.9 0
Series 1992-1 15480977.66 0.07435246
95920.73 95920.73 0301517.2 00
015179460 397438 0
Series 1992-1 125800735.5 0.07710381
808309.67 808309.67 0 1359511 00
0####### 2167820 0
Series 1992-1 6617884.67 0.07052924
38896.2 38896.2 0103309.1 00
0 6514576 142205.3 0
Series 1992-1 124818772.2 0.07822158
813626.8 813626.8 0 1759687 00
0####### 2573314 0
Series 1992-1 6770815.15 0.07763582
43804.82 43804.82 017406.99 00
0 6753408 61211.81 0
Series 1992-1 45197028.13 0.07836326
295148.87 294990.72 0603392.2 0
044593636 898224.8 0
Series 1992-1 82654020.8 0.07632999
525748.38 525748.38 0 1500274 00
081153747 2026023 0
Series 1992-1 6729110.95 0.06707499
37612.92 37612.92 0146463.8 00
0 6582647 184076.8 0
Series 1992-1 71642419.04 0.07794139
465325.81 465269.18 0 1952133 0
069690286 2417346 0
Series 1992-1 82782160.95 0.07113308
490712.51 490482 0 1752796 0
081029365 2243047 0
Series 1993-3 51583700.24 0.0800616
344156.13 343664.07 0940208.1 0
050643492 1283380 0
Series 1994-1 12730882.57 0.0815421
86508.57 86508.57 0202547.3 00
012528335 289055.8 0
Series 1994-1 2979645.73 0.0821816
20406 20406 029087.62 00 0
2950558 49493.62 0
1220706665
7762631.22 7761665.87 019630521 0
0 1.2E+09 27391222 0
Page 8
