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Previous: MERRILL LYNCH MORTGAGE INVESTORS INC, 8-K, 1996-01-25 |
Next: STERLING FINANCIAL CORP /PA/, SC 13G/A, 1996-01-25 |
<PAGE>
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 report): November 15, 1995
Merrill Lynch Mortgage Investors, Inc.
________________________________________________________________________________
(Exact name of registrant as specified in its charter)
Delaware
________________________________________________________________________________
(State or other Jurisdiction of incorporation)
33-47672 33-70254
33-57682 33-74332
33-47672 33-77958
33-60340 33-74332
33-70254
33-74332 13-3416059
________________________________________________________________________________
(Commission File Number) (IRS Employer Identification No.)
World Financial Headquarters
North Tower - 10th Fl.
New York, New York 10281-1310
________________________________________________________________________________
(Address of principal executive offices and Zip code)
Registrant's telephone number, including area code:(212) 449-0336
Not Applicable
________________________________________________________________________________
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
------------
In compliance with the procedure set forth in the no-action letter issued by the
staff of the Division of Corporate Finance of July 9, 1987 to Merrill Lynch
Mortgage Investors, Inc. (the "Issuer"), the Issuer files herewith a copy of
the Servicer's report issued November 15, 1995, relating to its Series 1993A,
1993B, 1993C, 1993D, 1993E, 1993F, 1993G, 1993H, 1993I, 1994A, 1994B, 1994C,
1994D, 1994E, 1994F, 1994G, and 1994H Class A Mortgage Pass Through
Certificates..
SIGNATURES
- ----------
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf by the undersigned
hereunto duly authorized.
Merrill Lynch Mortgage Investors, Inc.
By: /s/ Michael M. McGovern
Michael M. McGovern
Its: Director and Secretary
Dated: November 27, 1995
<PAGE>
<TABLE>
<S> <C> <C>
Bankers Trust Company of California, Trustee Determination Date: 09-Nov-95
Manufactured Housing Contracts Remittance Date: 15-Nov-95
Senior/Subordinated Pass-Through Certificates Series 1993A For the Period Ended: 25-Oct-95
Information for CLauses (a) through (s), Section 7.01
Class A-1 Class A-2 Class A-3
(a) Class A Distribution Amount 1,045,612.42 84,866.25 45,212.92
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 341,697.66
(b) Partial Prepayments Received 50,631.98
(c) Principal Payments in Full (Scheduled Balance) 612,196.37
(d) Liquidation Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
-------------- --------------- ---------------
Total CLass A Principal Distribution 1,004,526.01 0.00 0.00
(c) Interest Distribution 41,086.41 84,865.25 45,212.92
Class A Unpaid Interest Shortfall 0.00 0.00 0.00
-------------- --------------- ---------------
Total Class A Interest Distribution 41,086.41 84,865.25 45,212.92
(d) Beginning Class A Principal Balance 10,165,708.54 16,695,000.00 8,347,000.00
Less: Class A Principal Distribution 1,004,526.01 0.00 0.00
-------------- --------------- ---------------
Remaining Class a Principal Balance 9,161,182.53 16,695,000.00 8,347,000.00
(e) Monthly Excess Cashflow 413,663.96
(f) CLass B Distribution Amount 456,926.57 Original Balance
Class A-1 41,739,000.00
(g)(i) Formula Principal Distribution Amount Class A-2 16,695,000.00
(a) Scheduled Principal Due 0.00 Class A-3 8,347,000.00
(b) Partial Prepayments Received 0.00 Class B 16,698,560.57
(c) Principal Payments in Full (Scheduled Balance) 0.00
(d) Liquidated Contract Scheduled Balance 0.00 (m) Pool Factor
(e) Section 3.05 Purchase Scheduled Balance 0.00 Class A-1 0.21948735
Class B Principal Loss Amount 0.00 Class A-2 1.00000000
(ii) Class B Accelerated Principal Distribution 413,663.98 Class A-3 1.00000000
(iii)Section 6.03 (c) Reserve Fund Income 14,285.53 CLass B 0.37209875
----------------
Total Class B Principal Distribution 427,949.51
(h) Interest Distribution 28,977.06
Class B Unpaid Interest Shortfall 0.00
----------------
Total Class B Interest Distribution 28,977.06
(i) Beginning Class B Principal Balance 5,893,638.43
Less: Class B Principal Distribution 427,949.51
----------------
Remaining Class B Principal Balance 5,465,688.92
(j) Fees Due Servicer
Monthly Servicing Fee 54,116.18
Section 8.06 Reimbursement Amount 0.00
Section 6.02 Reimbursement Amount 20,071.17
reimburseable Fees 0.00
----------------
Total Fees Due Servicer 74,187.35
(k) Delinquency No. of Unpaid Principal
Contracts Balance
31-59 Days Delinquent 101 1,461,005
60-89 Days Delinquent 19 274,014
90+ Days Delinquent 29 468,471
(l) Section 3.05 Repurchases 0.00
(n) Beginning Reserve Fund Amount 3,339,182.43
Class B Class B
Interest Principal Total
(o) Reserve Fund Draw Amount 0.00 0.00 0.00
(q) Ending Reserve Fund Amount 3,339,182.43
(r) Principal Balance of Contracts in Repossession 0.00
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C>
(s) Aggregate Net Liquidation Losses 0.00
Computation of Available Distribution Amount
(i) Certificate Account Balance at Monthly Cutoff 1,692,519.98
(ii) Monthly Advance made 0.00
Less:
(i) Aggregate Repossession Profits 0.00
(ii) Due to the Servicer Pursuant to Section 6.02
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 54,116.18
(iv) Reimburseable Liquidation Expenses 20.071.17
(v) Section 6.04 (c) reimbursement 0.00
(vii) Amounts not required to be deposited 0.00
Total Due Servicer 74,187.35
Available Distribuion Amount 1,518,332.63
To Class A 1,175,691.59
Class B Interest 28,977.06
Monthly Excess Cashflow 413,663.98
Monthly Advance 0.00
Scheduled Balance Computation
Prior Month Balance 51,951,534.00
Current Balance 51,060,109.15
Adv Principal 31,590.73
Del Principal 144,691,29
Pool Scheduled Balance 50,947,008.59
Principal Payments in Full 612,196.37
Partial Prepayments 50,631.98
Scheduled Principal 341,697.66
Collateral Balance 51,060,109.15
</TABLE>
<PAGE>
********************************* SERVICING CERTIFICATE ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Feb-93
CURRENT PASS-THROUGH RATES:
<C> <S> <C> <C>
Class A-1 Certificates, Series 1993B LIBOR + 0.45% 6.38750% Original Settlement Date: 19-Feb-93
Class A-2 Certificates, Series 1993B LIBOR + 0.55% 6.48750% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993B LIBOR + 0.90% 6.83750%
Class B Certificates, Series 1993B LIBOR + 1.00% 6.93750%
Class C Certificates, Series 1993B Prime - 0.40% 8.35000%
Class D Certificates, Series 1993B Prime - 0.40% 8.35000%
8.90248% less than-Weighted Average Mortgage Rate (WAC)
LIBOR 5.93750% Prime 8.75000% 8.65248% less than-Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
----------------------------------------------------------------------------
<TABLE>
<S> <C> <C> <C>
1 Beginning Pool 192,276,025.55
Beginning Pool Balance Factor 66.773872%
---------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 29,325,037.55
4 Beginning Class A-2 Principal Balance 88,000,000.00
5 Beginning Class A-3 Principal Balance 52,650,000.00
6 Beginning Class B Principal Balance 12,950,000.00
7 Beginning Class C Principal Balance 2,160,000.00
8 Beginning Class D Principal Balance 7,190,988.00
---------------------------------------------------------------------------------------------------------------------------------
9 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
10 Aggregate of all Principal Prepayments Received 6,294,910.14
11 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
12 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
13 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
14 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
15 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
16 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
17 Current Principal Advances (31ii+31iv+31vi) 0.00
18 Current Servicer Principal Reimbursements 0.00
19 i. Total Principal Available For Distribution (9+10+11+12+13+14+15+16+17-18) 6,924,910.14
ii. Loss on Liquidated Mortgage Loans 0.00
20 Aggregate of all Interest Payments Received (P&S 5.09 ) 1,315,666.69
21 Current Servicing Fee 40,057.51
22 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 110,777.87
ii. Monthly Advance based on amounts due to Class A and Class B Certificateholders 0.00
23 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
24 Total Interest Available For Distribution (20-21+23) 1,275,609.18
25 Total Funds Available For Distribution (19+24) 8,200,519.32
---------------------------------------------------------------------------------------------------------------------------------
26 Formula Principal Distribution Amount 6,924,910.14
---------------------------------------------------------------------------------------------------------------------------------
27 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 6,924,910.14
ii. Class A-1 Prepaid Principal 6,924,910.14
iii. Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
28 i. Class A-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 156,094.73
ii. Class A-1 Current Interest 156,094.73
iii. Class A-1 Interest Shortfall 0.00
vi. Class A-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
29 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
30 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 475,750.00
ii. Class A-2 Current Interest 475,750.00
iii. Class A-2 Interest Shortfall 0.00
vi. Class A-2 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
31 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
32 i. Class A-3 Total Distribution Allocable to Interest 299,995.31
ii. Class A-3 Current Interest 299,995.31
iii. Class A-3 Interest Shortfall 0.00
vi. Class A-3 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
33 i. Class B Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B Prepaid Principal 0.00
iii. Class B Net Liquidation Proceeds 0.00
iv. Class B Repurchase Proceeds 0.00
v. Class B Unpaid Principal Shortfall 0.00
34 i. Class B Total Distribution Allocable to Interest (P&S 6.02ii ) 74,867.19
ii. Class B Current Interest 74,867.19
iii. Class B Interest Shortfall 0.00
vi. Class B Unpaid Interest Shortfall 0.00
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Feb-93
CURRENT-PASS-THROUGH-RATES:
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993B LIBOR + 0.45% 6.38750% Original Settlement Date: 19-Feb-93
Class A-2 Certificates, Series 1993B LIBOR + 0.55% 6.48750% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993B LIBOR + 0.90% 6.83750%
Class B Certificates, Series 1993B LIBOR + 1.00% 6.93750%
Class C Certificates, Series 1993B Prime - 0.40% 8.35000%
Class D Certificates, Series 1993B Prime - 0.40% 8.35000%
8.90248% - Weighted Average Mortgage Rate (WAC)
LIBOR 5.93750% PRIME 8.75000% 8.65248% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C> <C>
35 i Class C Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class C Prepaid Principal 0.00
iii. Class C Net Liquidation Proceeds 0.00
iv. Class C Repurchase Proceeds 0.00
v. Class C Unpaid Principal Shortfall 0.00
36 i. Class C Total Distribution Allocable to Interest (P&S 6.02ii ) 15,030.00
ii. Class C Current Interest 15,030.00
iii. Class C Interest Shortfall 0.00
iv. Class C Unpaid Interest Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
37 i. Class D Total Distribution Allocable to Principal 0.00
ii. Class D Prepaid Principal 0.00
iii. Class D Net Liquidation Proceeds 0.00
iv. Class D Repurchase Proceeds 0.00
v. Class D Unpaid Principal Shortfall 0.00
38 i. Class D Total Distribution Allocable to Interest 50,037.29
ii. Class D Current Interest 50,037.29
iii. Class D Interest Shortfall 0.00
iv. Class D Unpaid Interest Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
39 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 152,312.68
ii. Cumulative Master Servicer Advanced Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
40 i Beginning Advance Reserve Fund Balance 725,000.00
ii. Current Advance Reserve Fund Advances 0.00
iii. Current Advance Reserve Fund Deposit 0.00
iv. Ending Advance Reserve Fund Balance 725,000.00
-------------------------------------------------------------------------------------------------------------------------------
41 Available Excess Interest 203,834.66
42 Recovery of Servicer Advances (203,834.66)
43 Class R Distribution Amount For Such Distribution Date 0.00
-------------------------------------------------------------------------------------------------------------------------------
44 Ending Pool Balance 185,351,115.41
45 Ending Pool Factor 64.368981%
46 Ending Class A-1 Principal Balance 22,400,127.41
47 Ending Class A-2 Principal Balance 88,000,000.00
48 Ending Class A-3 Principal Balance 52,650,000.00
49 Ending Class B Principal Balance 12,950,000.00
50 Ending Class C Principal Balance 2,160,000.00
51 Ending Class D Principal Balance 7,190,988.00
</TABLE>
=========================================================================
<PAGE>
*********************** STATEMENT TO CERTIFICATEHOLDERS ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Feb-93
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993B LIBOR + 0.45% 6.38750% Original Settlement Date: 19-Feb-93
Class A-2 Certificates, Series 1993B LIBOR + 0.55% 6.48750% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993B LIBOR + 0.90% 6.83750%
Class B Certificates, Series 1993B LIBOR + 1.00% 6.93750%
Class C Certificates, Series 1993B Prime - 0.40% 8.35000%
Class D Certificates, Series 1993B Prime - 0.40% 8.35000%
LIBOR 5.93750% Prime 8.75000% 8.65248% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C> <C>
1 i. Class A-1 Total Distribution Allocable to Principal 55.399281
ii. Class A-1 Prepaid Principal 55.399281
iii. Class A-1 Net Liquidation Proceeds 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 1.248758
ii. Class A-1 Current Interest 1.248758
iii. Class A-1 Interest Shortfall 0.000000
iv. Shortfall Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.406250
ii. Class A-2 Current Interest 5.406250
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.697917
ii. Class A-3 Current Interest 5.697917
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
7 i. Class B Total Distribution Allocable to Principal (P&S 6.02i ) 0.000000
ii. Class B Prepaid Principal 0.000000
iii. Class B Net Liquidation Proceeds 0.000000
iv. Class B Repurchase Proceeds 0.000000
v. Class B Unpaid Principal Shortfall 0.000000
8 i. Class B Total Distribution Allocable to Interest 5.781250
ii. Class B Current Interest 5.781250
iii. Class B Interest Shortfall 0.000000
iv. Class B Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
9 i. Class C Total Distribution Allocable to Principal 0.000000
ii. Class C Prepaid Principal 0.000000
iii. Class C Net Liquidation Proceeds 0.000000
iv. Class C Repurchase Proceeds 0.000000
v. Class C Unpaid Principal Shortfall 0.000000
10 i. Class C Total Distribution Allocable to Interest 6.958333
ii. Class C Current Interest 6.958333
iii. Class C Interest Shortfall 0.000000
iv. Class C Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
11 i. Class D Total Distribution Allocable to Principal 0.000000
ii. Class D Prepaid Principal 0.000000
iii. Class D Net Liquidation Proceeds 0.000000
iv. Class D Repurchase Proceeds 0.000000
v. Class D Unpaid Principal Shortfall 0.000000
12 i. Class D Total Distribution Allocable to Interest 6.958333
ii. Class D Current Interest 6.958333
iii. Class D Interest Shortfall 0.000000
iv. Class D Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
13 Ending Pool Balance 185,351,115.41
14 Ending Pool Factor 64.3690%
15 Ending Class A-1 Principal Balance 22,400,127.41
16 Ending Class A-2 Principal Balance 88,000,000.00
17 Ending Class A-3 Principal Balance 52,650,000.00
18 Ending Class B Principal Balance 12,950,000.00
19 Ending Class C Principal Balance 2,160,000.00
20 Ending Class D Principal Balance 7,190,988.00
---------------------------------------------------------------------------------------------------------------------------------
21 i. Current Master Servicer Advanced (Recovered) Interest (203,834.66)
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 297,351.83
viii. Alternate Rate for next Distribution: 15-Dec-95 8.57831%
---------------------------------------------------------------------------------------------------------------------------------
22 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,837,984.41
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 2,371,255.50
v. Number of Mortgage Loans 90 or More Days Delinquent 2
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,554,924.75
vii. Number of Mortgage Loans in Foreclosure 4
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 5,239,867.64
23 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 1,118,083.81
</TABLE>
=============================================================================
<PAGE>
***************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificate P & S Agreement Date: 01-Mar-93
CURRENT PASS-THROUGH RATES:
Class A-1 Certificates, Series 1993C LIBOR + 0.40% 6.27500% Original Settlement Date: 25-Mar-93
Class A-2 Certificates, Series 1993C LIBOR + 0.50% 6.37500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993C LIBOR + 0.88% 6.75500%
Class A-4 Certificates, Series 1993C LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993C PRIME - 0.40% 8.35000%
Class C Certificates, Series 1993C PRIME - 0.40% 8.35000%
8.97345% - Weighted Average Mortgage Rate(WAC)
LIBOR 5.875000% Prime 8.75000% 8.60845% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
<TABLE>
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Beginning Pool Balance 175,832,568.82
2 Beginning Pool Balance Factor 64.627016%
----------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 28,759,713.82
4 Beginning Class A-2 Principal Balance 65,000,000.00
5 Beginning Class A-3 Principal Balance 57,585,000.00
6 Beginning Class A-4 Principal Balance 17,000,000.00
7 Beginning Class B Principal Balance 2,720,728.00
8 Beginning Class C Principal Balance 4,767,127.00
----------------------------------------------------------------------------------------------------------------------------------
9 Aggregate of all Principal Balance Payments Received (P&S 5.08i ) 0.00
10 Aggregate of all Principal Prepayments Received 6,680,794.28
11 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
12 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
13 Aggregate of any Awards or Settlement From Condemnation Proceedings (P&S 5.08iv ) 0.00
14 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
15 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
16 Aggregate of any Revenues From Foreclosures or Deed Net of any Advances (P&S 5.08vii) 0.00
17 Current Principal Advances 0.00
18 Current Servicer Principal Reimbursements 0.00
19 i. Total Principal Available For Distributions (9+10+11+12+13+14+15+16+17-18) 6,680,794.28
ii. Loss on Liquidated Mortgage Loans 0.00
20 Aggregate of all Interest payments Received (P&S 5.09 ) 1,207,129.54
21 Current Servicing Fee 36,631.79
22 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 107,724.44
ii. Monthly Advance based on amounts due to Clalss A Certificateholders 0.00
23 Current Servicer Interest Advanced (Recovery) (P&S 6.03 ) 0.00
24 Total Interest Available For Distributions (20-21+23) 1,170,497.75
25 Total Funds Available For Distributions (19+24) 7,851,292.03
---------------------------------------------------------------------------------------------------------------------------------
26 Formula Principal Distributions Amount 6,680,794.28
---------------------------------------------------------------------------------------------------------------------------------
27 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 6,680,794.28
ii. Class A-1 Prepaid Principal 6,680,794.28
iii. Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
28 i. Class A-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 150,389.34
ii. Class A-1 Current Interest 150,389.34
iii. Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
29 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
30 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 345,312.50
ii. Class A-2 Current Interest 345,312.50
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
31 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
32 i. Class A-3 Total Distribution Allocable to Interest 324,155.56
ii. Class A-3 Current Interest 324,155.56
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
33 i. Class A-4 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-4 Prepaid Principal 0.00
iii. Class A-4 Net Liquidation Proceeds 0.00
iv. Class A-4 Repurchase Proceeds 0.00
v. Class A-4 Unpaid Principal Shortfall 0.00
34 i. Class A-4 Total Distribution Allocable to Interest (P&S 6.02ii ) 97,395.83
ii. Class A-4 Current Interest 97,395.83
iii. Class A-4 Interest Shortfall 0.00
iv. Class A-4 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
35 i. Total Amount to Certificate Insurer 16,127.42
ii. Monthly Insurance Premium 16,127.42
iii. Reimbursement Amount 0.00
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
**************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Mar-93
CURRENT PASS THROUGH RATES:
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993C LIBOR + 0.40% 6.27500% Original Settlement Date: 25-Mar-93
Class A-2 Certificates, Series 1993C LIBOR + 0.50% 6.37500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993C LIBOR + 0.88% 6.75500%
Class A-4 Certificates, Series 1993C LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993C PRIME - 0.40% 8.35000%
Class C Certificates, Series 1993C PRIME - 0.40% 8.35000%
8.97345% - Weighted Average Mortgage Rate (WAC)
LIBOR 5.87500% Prime 8.75000% 8.60845% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
<C> <S> <C> <C>
36 i. Class B Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B Prepaid Principal 0.00
iii. Class B Net Liquidation Proceeds 0.00
iv. Class B Repurchase Proceeds 0.00
v. Class B Unpaid Principal Shortfall 0.00
37 i. Class B Total Distribution Allocable to Interest (P&S 6.02ii ) 18,931.73
ii. Class B Current Interest 18,931.73
iii. Class B Interest Shortfall 0.00
iv. Class B Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
38 i. Class C Total Distribution Allocable to Principal 0.00
ii. Class C Prepaid Principal 0.00
iii. Class C Net Liquidation Proceeds 0.00
iv. Class C Repurchase Proceeds 0.00
v. Class C Unpaid Principal Shortfall 0.00
39 i. Class C Total Distribution Allocable to Interest 33,171.26
ii. Class C Current Interest 33,171.26
iii. Class C Interest Shortfall 0.00
iv. Class C Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
40 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 276,954.94
ii. Cumulative Master Servicer Advanced Principal 0.00
---------------------------------------------------------------------------------------------------------------------------------
41 i. Beginning Advance Reserve Fund Balance 450,000.00
ii. Current Advance Reserve Fund Advances 0.00
iii. Current Advance Reserve Fund Deposit 0.00
iv. Ending Advance Reserve Fund Balance 450,000.00
---------------------------------------------------------------------------------------------------------------------------------
42 Available Excess Interest 185,014.11
43 Recovery of Servicer Advances (185,014.11)
44 Class R Distribution Amount For Such Distribution Date 0.00
---------------------------------------------------------------------------------------------------------------------------------
45 Ending Pool Balance 169,151,774.54
46 Ending Pool Factor 62.171500%
47 Ending Class A-1 Principal Balance 22,078,919.54
48 Ending Class A-2 Principal Balance 65,000,000.00
49 Ending Class A-3 Principal Balance 57,585,000.00
50 Ending Class A-4 Principal Balance 17,000,000.00
51 Ending Class B Principal Balance 2,720,728.00
52 Ending Class C Principal Balance 4,767,127.00
</TABLE>
=============================================================================
<PAGE>
************************** STATEMENT TO CERTIFICATEHOLDERS *********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Mar-93
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993C LIBOR + 0.40% 6.27500% Original Settlement Date: 25-Mar-93
Class A-2 Certificates, Series 1993C LIBOR + 0.50% 6.37500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993C LIBOR + 0.88% 6.75500%
Class A-4 Certificates, Series 1993C LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993C PRIME - 0.40% 8.35000%
Class C Certificates, Series 1993C PRIME - 0.40% 8.35000%
LIBOR 5.87500% Prime 8.75000% 8.60845% Less than Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificates with a $1,000 denomination
<C> <S> <C> <C>
1 i. Class A-1 Total Distribution Allocable to Principal 53.446354
ii. Class A-1 Prepaid Principal 53.446354
iii. Class A-1 Net Liquidation Proceeds 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 1.203115
ii. Class A-1 Current Interest 1.203115
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.312500
ii. Class A-2 Current Interest 5.312500
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.629167
ii. Class A-3 Current Interest 5.629167
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
7 i. Class A-4 Total Distribution Allocable to Principal (P&S 6.02i) 0.000000
ii. Class A-4 Prepaid Principal 0.000000
iii. Class A-4 Net Liquidation Proceeds 0.000000
iv. Class A-4 Repurchase Proceeds 0.000000
v. Class A-4 Unpaid Principal Shortfall 0.000000
8 i. Class A-4 Total Distribution Allocable to Interest 5.729166
ii. Class A-4 Current Interest 5.729166
iii. Class A-4 Interest Shortfall 0.000000
iv. Class A-4 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
9 i. Class B Total Distribution Allocable to Principal 0.000000
ii. Class B Prepaid Principal 0.000000
iii. Class B Net Liquidation Proceeds 0.000000
iv. Class B Repurchase Proceeds 0.000000
v. Class B Unpaid Principal Shortfall 0.000000
10 i. Class B Total Distribution Allocable to Interest 6.958334
ii. Class B Current Interest 6.958334
iii. Class B Interest Shortfall 0.000000
iv. Class B Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
11 i. Class C Total Distribution Allocable to Principal 0.000000
ii. Class C Prepaid Principal 0.000000
iii. Class C Net Liquidation Proceeds 0.000000
iv. Class C Repurchase Proceeds 0.000000
v. Class C Unpaid Principal Shortfall 0.000000
12 i. Class C Total Distribution Allocable to Interest 6.958334
ii. Class C Current Interest 6.958334
iii. Class C Interest Shortfall 0.000000
iv. Class C Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
13 Ending Pool Balance 169,151,774.54
14 Ending Pool Balance 62.1715%
15 Ending Class A-1 Principal Balance 22,078,919.54
16 Ending Class A-2 Principal Balance 65,000,000.00
17 Ending Class A-3 Principal Balance 57,585,000.00
18 Ending Class A-4 Principal Balance 17,000,000.00
19 Ending Class B Principal Balance 2,720,728.00
20 Ending Class C Principal Balance 4,767,127.00
</TABLE>
----------------------------------------------------------------------------
<PAGE>
**********************STATEMENT TO CERTIFICATEHOLDERS*************************
<TABLE>
<CAPTION>
Merril Lynch Mortgage Investors, Inc. Current Collection Period: 01-Oct-95 to 31-Oct-95
PrimeFirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Mar-93
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993C LIBOR + 0.40% 6.27500% Original Settlement Date: 25-Mar-93
Class A-2 Certificates, Series 1993C LIBOR + 0.50% 6.35700% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993C LIBOR + 0.88% 6.75500%
Class A-4 Certificates, Series 1993C LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993C PRIME - 0.40% 8.35000%
Class C Certificates, Series 1993C PRIME - 0.40% 8.35000%
LIBOR 5.87500% Prime 875.000% 8.60845% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
21 i. Current Master Servicer Advanced (Recovered) Interest (185,014.11)
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 562,179.71
viii. Alternate Rate for next Distribution: 15 Dec-95 8.60775%
--------------------------------------------------------------------------------------------------------------------------------
22 i. Number of Mortgage Loans 30 to 59 Days Delinquent 8
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 3,366,890.67
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 1,081,245.11
v. Number of Mortgage Loans 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,999,521.44
vii. Number of Mortgage Loans in Foreclosure 2
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 3,483,610.49
23 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 1,197,737.99
</TABLE>
================================================================================
<PAGE>
************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
Merril Lynch Mortgage Investors, Inc. Current Due Period: 01-OCT-95 to 02-NOV-
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Oct-93
Sub-Pool 1
----------
<S> <C> <C> <C>
Class A-1-1 Certificates, Series 1993D Original Settlement Date: 29-Oct-93
Class A-1-2 Certificates, Series 1993D Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993D
8.356649% - Weighted Average Mortgage Rate
=========
7.500283% - Weighted Average Pass-Through Rate
=========
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<C> <S> <C>
SUB POOL 1
----------
1 Beginning Number of Loans 423
2 Beginning Pool Balance 90,172,516.25
3 Beginning Pool Balance Factor 75.993467%
--------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A1-1 Principal Balance 40,616,327.20
5 Beginning Class A1-2 Principal Balance 34,678,000.00
6 Beginning Class M1 Principal Balance 14,878,189.05
--------------------------------------------------------------------------------------------------------------------------------
7 Aggregate of all Principal Payments Received 70,168.57
8 Aggregate of all Principal Curtailments Received 52,284.00
9 Aggregate Number of Loans Payoffs 22
10 Aggregate of any Principal Prepayments Received 4,556,250.49
11 Aggregate of any Insurance Proceeds Received 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceeds 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
15 Aggregate of any Revenues from Foreclosure or Deed Net of any Advances 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 Total Principal Available For Distribution (7+8+10+11+12+13+14+15+16-17) 4,678,703.06
19 Aggregate of all Interest Payments Received 599,540.48
20 Current Servicing Fee 3,569.33
21 Current Interest Advances (19-20-271-291-311-32) 0.00
22 Current Servicer Interest Reimbursements 0.00
23 Total Interest Available For Distribution (19-20+21-22) 595,971.15
24 Total Funds Available For Distribution (18+23) 5,274,674.21
--------------------------------------------------------------------------------------------------------------------------------
25 Formula Principal & Interest Distribution Amount (26i+27i+28i+29i+30i+32+36) 5,274,674.21
--------------------------------------------------------------------------------------------------------------------------------
26 i. Class A1-1 Total Amount Allocable to Principal 3,906,731.38
ii. Class A1-1 Scheduled Principal [(4+5)/2] x 7 58,590.97
iii. Class A1-1 Unscheduled Principal [(4+5)/2] x (8+10) 3,848,140.41
iv. Class A1-1 Net Liquidation Proceeds 0.00
v Class A1-1 Repurchase Proceeds 0.00
vi. Class A1-1 Realized Losses (Uncovered) 0.00
vii. Class A1-1 Realized Losses (Fraud) 0.00
viii. Class A1-1 Realized Losses (Bankruptcy) 0.00
ix Class A1-1 Unpaid Principal Shortfall 0.00
27 i. Class A1-1 Total Amount Allocable to Interest 253,861.61
ii. Class A1-1 Scheduled Interest 253,861.61
iii. Class A1-1 Other Interest 0.00
iv. Class A1-1 Realized Losses (Uncovered) 0.00
v. Class A1-1 Realized Losses (Fraud) 0.00
vi. Class A1-1 Realized Losses (Bankruptcy) 0.00
vii. Class A1-1 Extraordinary Trust Fund Expenses 0.00
viii. Class A1-1 Relief Act Interest Shortfall 0.00
ix Class A1-1 Carryover Interest Shortfall 0.00
x. Class A1-1 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
28 i. Class A1-2 Total Amount Allocable to Principal 0.00
ii. Class A1-2 Scheduled Principal 0.00
iii. Class A1-2 Unscheduled Principal 0.00
iv. Class A1-2 Net Liquidation Proceeds 0.00
v. Class A1-2 Repurchase Proceeds 0.00
vi. Class A1-2 Realized Losses (Uncovered) 0.00
vii. Class A1-2 Realized Losses (Fraud) 0.00
viii. Class A1-2 Realized Losses (Bankruptcy) 0.00
ix Class A1-2 Unpaid Principal Shortfall 0.00
29 i. Class A1-2 Total Amount Allocable to Interest 216,745.67
ii. Class A1-2 Scheduled Interest 216,745.67
iii. Class A1-2 Other Interest 0.00
iv. Class A1-2 Realized Losses (Uncovered) 0.00
v. Class A1-2 Realized Losses (Fraud) 0.00
vi. Class A1-2 Realized Losses (Bankruptcy) 0.00
vii. Class A1-2 Extraordinary Trust Fund Expenses 0.00
viii. Class A1-2 Relief Act Interest Shortfall 0.00
ix Class A1-2 Carryover Interest Shortfall 0.00
x. Class A1-2 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
30 i. Class M1 Total Amount Allocable to Principal 771,971.68
ii. Class M1 Scheduled Principal [(6/2] x 7 11,577.60
iii. Class M1 Unscheduled Principal [(6/2] x (8+10) 760,394.08
iv. Class M1 Net Liquidation Proceeds 0.00
v. Class M1 Repurchase Proceeds 0.00
vi. Class M1 Realized Losses (Uncovered) 0.00
vii. Class M1 Realized Losses (Fraud) 0.00
viii. Class M1 Realized Losses (Bankruptcy) 0.00
ix Class M1 Unpaid Principal Shortfall 0.00
</TABLE>
<PAGE>
**************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV
P & S Agreement Date: 01-Oct-93
Sub-Pool 1
----------
<S> <C> <C> <C>
Class A1-1 Certificates, Series 1993D Original Settlement Date: 29-Oct-93
Class A1-2 Certificates, Series 1993D Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993D
8.356649% - Weight Average Mortgage Rate
===========
7.500283% - Weight Average Pass-Through Rate
===========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<S> <C>
31 i. Class M1 Total Amount Allocable to Interest 92,992.18
ii. Class M1 Scheduled Interest 92,992.18
iii. Class M1 Other Interest 0.00
iv. Class M1 Realized Losses (Uncovered) 0.00
v. Class M1 Realized Losses (Fraud) 0.00
vi. Class M1 Realized Losses (Bankruptcy) 0.00
vii. Class M1 Extraordinary Trust Fund Expenses 0.00
viii. Class M1 Relief Act Interest Shortfall 0.00
ix. Class M1 Carryover Interest Shortfall 0.00
x. Class M1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
32 Administrative Expense 32,371.69
---------------------------------------------------------------------------------------------------------------------------------
33 i. Cumulative Master Servicer Advanced Interest 1,052.50
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advanced Reverse Fund Advanced Interest 0.00
iv. Current Advanced Reverse Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
34 Available Excess Interest (19-20-27i-29i-31i-32i) 0.00
35 Additional Servicing Compensation 0.00
36 Class R Distribution Amount For Such Distribution Date 0.00
37 Weighted Average Pass-Through Rate 7.500283%
---------------------------------------------------------------------------------------------------------------------------------
Sub Pool 1
----------
38 Ending Number of Loans 401
39 Ending Pool Balance 85,493,813.19
40 Weighted Average Remaining Term to Maturity 333
---------------------------------------------------------------------------------------------------------------------------------
41 Ending Class A1-1 Principal Balance 36,709,595.82
42 Ending Certificate Factor Class A1-1 57.000708%
43 Ending Class A1-2 Principal Balance 34,678,000.00
44 Ending Certificate Factor Class A1-2 100.000000%
45 Ending Class M1 Principal Balance 14,106,217.37
46 Ending Certificate Factor Class M1 72.050460%
---------------------------------------------------------------------------------------------------------------------------------
47 i. Number of Mortgage Loans 30 to 59 Days Delinquent 10
ii. Aggregate Principal Balances of Mortage Loans 30 to 59 Days Delinquent 1,987,508.63
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortage Loans 60 to 89 Days Delinquent 487,895.82
v. Number of Mortgage Loans 90 or More Days Delinquent 6
vi. Aggregate Principal Balances of Mortage Loans 90 or More Days Delinquent 967,422.46
vii. Number of Mortgage Loans Foreclosure 5
viii. Aggregate Principal Balances of Mortage Loans Foreclosure 1,093,918.01
48 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
49 Prepayment Priorty Date No
50 Credit Support Depletion Date No
51 Principal Balance of Converted Loans 0.00
52 i. Total Coverage of GE Mortgage Pool Insurance Policy (Beginning of Month) 4,199,544.00
ii. Current Draws on Mortgage Pool Insurance Policy 0.00
iii. Remaining Coverage of GE Mortgage Pool Insurance Policy (End of Month) 4,199,544.00
iv. Total Coverage of PMI Mortgage Pool Insurance Policy (Beginning of Month) 12,332,123.15
v. Current Draws on Mortgage Pool Insurance Policy 0.00
vi. Remaining Coverage of PMI Mortgage Pool Insurance Policy (End of Month) 12,332,123.15
vii. Total Coverage of UGI Mortgage Pool Insurance Policy (Beginning of Month) 2,953,075.94
viii. Current Draws on Mortgage Pool Insurance Policy 0.00
ix. Remaining Coverage of UGI Mortgage Pool Insurance Policy (End of Month) 2,953,075.94
53 i. Total Coverage of Aetna Special Hazard Insurance Policy (Beginning of Month) 2,842,168.00
ii. Current Draws on Special Hazard Insurance Policy 0.00
iii. Remaining Coverage of Special Hazard Insurance Policy (End of Month) 2,842,168.00
54 i. Total Bankruptcy Reserve Fund (Beginning of Month) 100,000.00
ii. Withdrawals for Deficient Valuations 0.00
iii. Withdrawals for Debt Service Reduction 0.00
iv. Remaining Balance Bankruptcy Reserve Fund (End of Month) 100,000.00
</TABLE>
=============================================================================
<PAGE>
******************** STATEMENT TO CERTIFICATE HOLDERS *************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV
P & S Agreement Date: 01-Oct-93
SUB-POOL 1
----------
<S> <C> <C> <C>
Class A1-1 Certificates, Series 1993D Original Settlement Date: 29-Oct-93
Class A1-2 Certificates, Series 1993D Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993D
8.356649% Less than - Weighted Average Mortgage Rate
7.500283% Less than - Weighted Average Pass-Through Rate
</TABLE>
----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A-1 Certificates (per Certificates with a $1,000 denomination)
<C> <S> <C>
1 i. Class A1-1 Total Amount Allocable to Principal 60.66165
ii. Class A1-1 Schedule Principal [(4+5)/2]x7 0.90977
iii. Class A1-1 Unscheduled Principal [(4+5)/2]x(8+1D) 59.75188
iv. Class A1-1 Net Liquidation Proceeds 0.00000
v. Class A1-1 Repurchase Proceeds 0.00000
vi. Class A1-1 Realized Losses (Uncovered) 0.00000
vii. Class A1-1 Realized Losses (Fraud) 0.00000
viii. Class A1-1 Realized Losses (Bankruptcy) 0.00000
ix. Class A1-1 Unpaid Principal Shortfall 0.00000
2 i. Class A1-1 Total Amount Allocable to Interest 3.94183
ii. Class A1-1 Scheduled Interest 3.94183
iii. Class A1-1 Other Interest 0.00000
iv. Class A1-1 Realized Losses (Uncovered) 0.00000
v. Class A1-1 Realized Losses (Fraud) 0.00000
vi. Class A1-1 Realized Losses (Bankruptcy) 0.00000
vii. Class A1-1 Extraordinary Trust Fund Expenses 0.00000
viii. Class A1-1 Relief Act Interest Shortfall 0.00000
ix. Class A1-1 Carryover Interest Shortfall 0.00000
x. Class A1-1 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A1-2 Total Amount Allocable to Principal 0.00000
ii. Class A1-2 Schedule Principal 0.00000
iii. Class A1-2 Unscheduled Principal 0.00000
iv. Class A1-2 Net Liquidation Proceeds 0.00000
v. Class A1-2 Repurchase Proceeds 0.00000
vi. Class A1-2 Realized Losses (Uncovered) 0.00000
vii. Class A1-2 Realized Losses (Fraud) 0.00000
viii. Class A1-2 Realized Losses (Bankruptcy) 0.00000
ix. Class A1-2 Unpaid Principal Shortfall 0.00000
4 i. Class A1-2 Total Amount Allocable to Interest 6.25024
ii. Class A1-2 Schedule Interest 6.25024
iii. Class A1-2 Other Interest 0.00000
iv. Class A1-2 Realized Losses (Uncovered) 0.00000
v. Class A1-2 Realized Losses (Fraud) 0.00000
vi. Class A1-2 Realized Losses (Bankruptcy) 0.00000
vii. Class A1-2 Extraordinary Trust Fund Expenses 0.00000
viii. Class A1-2 Relief Act Interest Shortfall 0.00000
ix. Class A1-2 Carryover Interest Shortfall 0.00000
x. Class A1-2 Unpaid Principal Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
5 i. Class M1 Total Amount Allocable to Principal 39.43007
ii. Class M1 Scheduled Principal (6/2)x7 0.59135
iii. Class M1 Unscheduled Principal (6/2)x(8+10) 38.83872
iv. Class M1 Net Liquidation Proceeds 0.00000
v. Class M1 Repurchase Proceeds 0.00000
vi. Class M1 Realized Losses (Uncovered) 0.00000
vii. Class M1 Realized Losses (Fraud) 0.00000
viii. Class M1 Realized Losses (Bankruptcy) 0.00000
ix. Class M1 Unpaid Principal Shortfall 0.00000
6 i. Class M1 Total Amount Allocable to Interest 4.74977
ii. Class M1 Scheduled Interest 4.74977
iii. Class M1 Other Interest 0.00000
iv. Class M1 Realized Losses (Uncovered) 0.00000
v. Class M1 Realized Losses (Fraud) 0.00000
vi. Class M1 Realized Losses (Bankruptcy) 0.00000
vii. Class M1 Extraordinary Trust Fund Expenses 0.00000
viii. Class M1 Relief Act Interest Shortfall 0.00000
ix. Class M1 Carryover Interest Shortfall 0.00000
x. Class M1 Unpaid Principal Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
SUB-POOL 1
----------
7 Ending Number of Loans 401
8 Ending Pool Balance 85,493,813.19
9 Ending Class A1-1 Principal Balance 36,709,595.82
10 Ending Certificate Factor Class A1-1 57.000708%
11 Ending Class A1-2 Principal Balance 34,678,000.00
12 Ending Certificate Factor Class A1-2 100.000000%
13 Ending Class M1 Principal Balance 14,106,217.37
14 Ending Certificate Factor Class M1 72.050460%
---------------------------------------------------------------------------------------------------------------------------------
15 i. Current Master Servicer Advanced Interest 0.00
ii. Current Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
16 i. Number of Mortgage Loans 30 to 59 Days Delinquent 10
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 days Delinquent 1,987,508.63
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 487,895.82
v. Number of Mortgage Loans 90 or More Days Delinquent 6
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 967,422.46
vii. Number of Mortgage Loans in Foreclosure 5
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,093,918.01
17 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
**************** SERVICING CERTIFICATE *********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-OCT-95 to 02-NOV
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Oct-93
SUB POOL 2
----------
<S> <C> <C> <C>
Class A2 Certificate, Series 1993D Original Settlement Date 29-Oct-93
Distribution Date: 27-Nov-95
8.684653% - Weighted Average Mortgage Rate
7.844980% - Weighted Average Pass-Through Rate
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
SUB POOL 2
----------
<C> <S> <C>
1 Beginning Number of Loans 240
2 Beginning Pool Balance 69,399,573.40
3 Beginning Pool Balance Factor 51.551355%
-----------------------------------------------------------------------------------------------------------------------
4 Beginning Class A2 Principal Balance 69,399,573.40
5 Beginning Class R Principal Balance 0.00
-----------------------------------------------------------------------------------------------------------------------
6 Aggregate of all Principal Payments Received 52,578.23
7 Aggregate of all Principal Curtailments Received 11,265.27
8 Aggregate Number of Loan Payoffs 9
9 Aggregate of any Principal Prepayments Received 2,546,992.31
10 Aggregate of any Insurance Proceeds Received 0.00
11 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
12 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
13 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
14 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
15 Current Principal Advances 0.00
16 Current Servicer Principal Reimbursements 0.00
17 Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 2,610,835.81
18 Aggregate of all Interest Payments Received 481,089.11
19 Current Servicing Fee 2,747.07
20 Current Interest Advances (18-19-26i-28) 0.00
21 Current Servicer Interest Reimbursements 0.00
22 Total Interest Available For Distribution (19-20+21-22) 478,342.04
23 Total Funds Available For Distribution (15+23) 3,089,177.85
-----------------------------------------------------------------------------------------------------------------------
24 Formula Principal & Interest Distribution Amount 3,089,177.85
-----------------------------------------------------------------------------------------------------------------------
25 i Class A2 Total Amount Allocable to Principal 2,610,835.81
ii Class A2 Scheduled Principal 52,578.23
iii Class A2 Unscheduled Principal 2,558,257.58
iv Class A2 Net Liquidation Proceeds 0.00
v Class A2 Repurchase Proceeds 0.00
vi Class A2 Realized Losses (Uncovered) 0.00
vii Class A2 Realized Losses (Fraud) 0.00
viii Class A2 Realized Losses (Bankruptcy) 0.00
ix Class A2 Unpaid Principal Shortfall 0.00
26 i Class A2 Total Amount Allocable to Interest 453,698.54
ii Class A2 Scheduled Interest 453,698.54
iii Class A2 Other Interest 0.00
iv Class A2 Realized Losses (Uncovered) 0.00
v Class A2 Realized Losses (Fraud) 0.00
vi Class A2 Realized Losses (Bankruptcy) 0.00
vii Class A2 Extraordinary Trust Fund Expenses 0.00
viii Class A2 Relief Act Interest Shortfall 0.00
ix Class A2 Carryover Interest Shortfall 0.00
x Class A2 Unpaid Interest Shortfall 0.00
-----------------------------------------------------------------------------------------------------------------------
27 Class R Total Amount Allocable to Principal 0.00
-----------------------------------------------------------------------------------------------------------------------
28 Administrative Expense 24,643.50
-----------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest 2,769.23
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
-----------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest (18-19-26i-28) 0.00
31 Additional Servicing Compensation 0.00
32 Class R Distribution Amount For Such Distribution Date 0.00
33 Weighted Average Pass-Through Rate 7.84498%
-----------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
34 Ending Number of Loans 231
35 Ending Pool Balance 66,788,737.59
36 Weighted Average Remaining Term to Maturity 331
37 Ending Class A2 Principal Balance 66,788,737.59
38 Ending Certificate Factor Class A2 96.237966%
-----------------------------------------------------------------------------------------------------------------------
39 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,147,793.20
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 2
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,055,228.79
vii. Number of Mortgage Loans in Foreclosure 3
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 823,835.88
40 Book Value of Real Estate Acquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
==============================================================================
<PAGE>
************************** STATEMENT TO CERTIFICATE HOLDERS ********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P&S Agreement Date: 01-Oct-93
SUB POOL 2
----------
<S> <C> <C> <C>
Original Settlement Date: 29-Oct-93
Class A2 Certificates, Series 1993D Distribution Date: 27-Nov-95
8.684653% - Weighted Average Mortgage Rate
7.844980% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A-1 Certificates (per certificate with a $1,000 denomination)
<C> <S> <C>
1 i Class A2 Total Amount Allocable to Principal 19.39381
ii Class A2 Scheduled Principal 0.39056
iii Class A2 Unscheduled Principal 19.00325
iv Class A2 Net Liquidation Proceeds 0.00000
v Class A2 Repurchase Proceeds 0.00000
vi Class A2 Realized Losses (Uncovered) 0.00000
vii Class A2 Realized Losses (Fraud) 0.00000
viii Class A2 Realized Losses (Bankruptcy) 0.00000
ix Class A2 Unpaid Principal Shortfall 0.00000
2 i Class A2 Total Amount Allocable to Interest 3.37016
ii Class A2 Scheduled Interest 3.37016
iii Class A2 Other Interest 0.00000
iv Class A2 Realized Losses (Uncovered) 0.00000
v Class A2 Realized Losses (Fraud) 0.00000
vi Class A2 Realized Losses (Bankruptcy) 0.00000
vii Class A2 Extraordinary Trust Fund Expenses 0.00000
viii Class A2 Relief Act Interest Shortfall 0.00000
ix Class A2 Carryover Interest Shortfall 0.00000
x Class A2 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
3 Ending Number of Loans 231
4 Ending Pool Balance 66,788,737.59
5 Ending Class A2 Principal Balance 66,788,737.59
6 Ending Certificate Factor Class A2 96.237966%
---------------------------------------------------------------------------------------------------------------------------------
7 i. Current Master Servicer Advanced Interest 0.00
ii. Current Master Servicer Advanced Principal 0.00
iii. Current Advanced Reserve Fund Advanced Interest 0.00
iv. Current Advanced Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
8 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,147,793.20
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 2
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,055,228.79
vii. Number of Mortgage Loans In Foreclosure 3
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 823,835.88
9 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
*************************** SERVICING CERTIFICATE ******************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C>
Class A-1 Certificates, Series 1993E LIBOR + 0.30% 6.17500% Original Settlement Date: 24-Jun-93
Class A-2 Certificates, Series 1993E LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993E LIBOR + 0.70% 6.57500%
Class A-4 Certificates, Series 1993E LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993E Prime - 0.40% 8.35000%
Class C Certificates, Series 1993E Prime - 0.40% 8.35000%
8.87320% - Weighted Average Mortgage Rate (WAC)
LIBOR 5.87500% Prime 8.75000% 8.50820% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C>
1 Beginning Group 1 Principal Balance 157,217,643.22
2 Beginning Group 1 Factor 78.854851%
----------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 48,841,648.22
4 Beginning Class A-2 Principal Balance 45,856,000.00
5 Beginning Class A-3 Principal Balance 44,000,000.00
6 Beginning Class A-4 Principal Balance 13,036,683.00
7 Beginning Class B Principal Balance 2,267,249.00
8 Beginning Class C Principal Balance 3,216,063.00
----------------------------------------------------------------------------------------------------------------------------------
9 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
10 Aggregate of all Principal Prepayments Received 3,150,711.63
11 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
12 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
13 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
14 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
15 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (9+10+11+12+13+14+15+16+17-18) 3,150,711.63
ii. Aggregate Net Liquidation Losses 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 832,784.93
20 Current Servicing Fee 32,753.68
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 0.00
ii. Monthly Advance based on amounts due to Class A Certificateholders 6,861.06
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 800,031.25
24 i. Withdrawal from Reserve Fund for Group 1 Distribution Account Shortfall 21,402.22
ii. Distribution from Groups 2 & 3 for Shortfalls 0.00
25 Total Funds Available For Distribution (18+23+24) 3,972,145.10
----------------------------------------------------------------------------------------------------------------------------------
26 Formula Principal Distribution Amount 3,150,711.63
----------------------------------------------------------------------------------------------------------------------------------
27 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 3,150,711.63
ii. Class A-1 Prepaid Principal 3,150,711.63
iii. Class A-1 Net Liquidation Proceeds plus Loss on Liquidated Loans 0.00
iv. Class A-1 Repurchase Proceeds 0.00
28 i. Class A-1 Total Distribution Allocable to Interest (P7S 6.02ii ) 251,330.98
ii. Class A-1 Current Interest 251,330.98
iii. Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
29 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
30 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 239,788.67
ii. Class A-2 Current Interest 239,788.67
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
31 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
32 i. Class A-3 Total Distribution Allocable to Interest 241,083.33
ii. Class A-3 Current Interest 241,083.33
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
33 i. Class A-4 Total Distribution to Principal (P&S 6.02i ) 0.00
ii. Class A-4 Prepaid Principal 0.00
iii. Class A-4 Net Liquidation Proceeds 0.00
iv. Class A-4 Repurchase Proceeds 0.00
34 i. Class A-4 Total Distribution Allocable to Interest (P&S 6.02ii ) 74,689.33
ii. Class A-4 Current Interest 74,689.33
iii. Class A-4 Interest Shortfall 0.00
iv. Class A-4 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
35 i. Grand Total to Certificate Insurer for All Loans Groups 16,130.92
ii. Total Amount to Certificate Insurer (Loan Group 1) 14,541.16
iii. Monthly Insurance Premium (Loan Group1) 14,541.16
iv. Reimbursement Amount (Loan Group 1) 0.00
</TABLE>
------------------------------------------------------------------------------
<PAGE>
****************************SERVICING CERTIFICATE******************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993E LIBOR + 0.30% 6.17500% Original Settlement Date: 24-Jun-93
Class A-2 Certificates, Series 1993E LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993E LIBOR + 0.70% 6.57500%
Class A-4 Certificates, Series 1993E LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993E Prime - 0.40% 8.35000%
Class C Certificates, Series 1993E Prime - 0.40% 8.35000%
8.87320% - Weighted Average Mortgage Rate (WAC)
LIBOR 5.87500% Prime 8.75000% 8.50820% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C> <C>
36 i. Class B Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B Prepaid Principal 0.00
iii. Class B Net Liquidation Proceeds 0.00
iv. Class B Repurchase Proceeds 0.00
37 i. Class B Total Distribution Allocable to Interest (P&S 6.02i ) 0.00
ii. Class B Current Interest 15,776.27
iii. Class B Interest Shortfall 15,776.27
iv. Class B Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
38 i. Class C Total Distribution Allocable to Principal 0.00
ii. Class C Prepaid Principal 0.00
iii. Class C Net Liquidation Proceeds 0.00
iv. Class C Repurchase Proceeds 0.00
39 i. Class C Total Distribution Allocable to Interest 0.00
ii. Class C Current Interest 22,378.44
iii. Class C Interest Shortfall 22,378.44
iv. Class C Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
40 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 843,332.39
ii. Cumulative Master Servicer Advanced Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
41 Group 1 Distribution Account Shortfall 21,402,.22
--------------------------------------------------------------------------------------------------------------------------------
42 i. Beginning Advance Reserve Fund Balance 752,095.00
ii. Current Advance Reserve Fund Withdrawal (21,402.22)
iii. Current Advance Reserve Fund Deposit 0.00
iv. Ending Advance Reserve Fund Balance 730,692.78
--------------------------------------------------------------------------------------------------------------------------------
43 Available Excess Interest 0.00
44 Recovery of Servicer Advances 0.00
45 Class R Distribution Amount For Such Distribution Date 0.00
--------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
46 Ending Group 1 Principal Balance 154,066,931.59
47 Ending Group 1 Factor 77.274564%
48 Ending Class A-1 Principal Balance 45,690,936.59
49 Ending Class A-2 Principal Balance 45,856,000.00
50 Ending Class A-3 Principal Balance 44,000,000.00
51 Ending Class A-4 Principal Balance 13,038,683.00
52 Ending Class B Principal Balance 2,267,249.00
53 Ending Class C Principal Balance 3,216,063.00
</TABLE>
=============================================================================
<PAGE>
******************* STATEMENTS TO CERTIFICATEHOLDERS *************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 1
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993E LIBOR + 0.30% 6.17500% Original Settlement Date: 24-Jun-93
Class A-2 Certificates, Series 1993E LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993E LIBOR + 0.70% 6.57500%
Class A-4 Certificates, Series 1993E LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993E Prime - 0.40% 8.35000%
Class C Certificates, Series 1993E Prime - 0.40% 8.35000%
LIBOR 5.87500% Prime 8.75000% 8.50820% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C> <C>
1 i. Class A-1 Total Distribution Allocable to Principal 34.623205
ii. Class A-1 Prepaid Principal 34.623205
iii. Class A-1 Net Liquidation Proceeds plus Loss on Liquidation Loans 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 2.761879
ii. Class A-1 Current Interest 2.761879
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.229167
ii. Class A-2 Current Interest 5.229167
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.479167
ii. Class A-3 Current Interest 5.479167
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
7 i. Class A-4 Total Distribution to Principal (P&S 6.02i ) 0.000000
ii. Class A-4 Prepaid Principal 0.000000
iii. Class A-4 Net Liquidation Proceeds 0.000000
iv. Class A-4 Repurchase Proceeds 0.000000
8 i. Class A-4 Total Distribution Allocable to Interest 5.729167
ii. Class A-4 Current Interest 5.729167
iii. Class A-4 Interest Shortfall 0.000000
iv. Class A-4 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
9 i. Class B Total Distribution Allocable to Principal 0.000000
ii. Class B Prepaid Principal 0.000000
iii. Class B Net Liquidation Proceeds 0.000000
iv. Class B Repurchase Proceeds 0.000000
10 i. Class B Total Distribution Allocable to Interest 0.000000
ii. Class B Current Interest 6.958334
iii. Class B Interest Shortfall 6.958334
iv. Class B Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
11 i. Class C Total Distribution Allocable to Principal 0.000000
ii. Class C Prepaid Principal 0.000000
iii. Class C Net Liquidation Proceeds 0.000000
iv. Class C Repurchase Proceeds 0.000000
12 i. Class C Total Distribution Allocable to Interest 0.000000
ii. Class C Current Interest 6.958334
iii. Class C Interest Shortfall 6.958334
iv. Class C Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
13 Ending Group 1 Principal Balance 154,066,931.59
14 Ending Group 1 Factor 77.2746%
15 Ending Class A-1 Principal Balance 45,690,936.59
16 Ending Class A-2 Principal Balance 45,856,000.00
17 Ending Class A-3 Principal Balance 44,000,000.00
18 Ending Class A-4 Principal Balance 13,036,683.00
19 Ending Class B Principal Balance 2,267,249.00
20 Ending Class C Principal Balance 3,216,063.00
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
************************ STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P&S Agreement Date: 01-Jun-93
LOAN GROUP 1
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993E LIBOR + 0.30% 6.17500% Original Settlement Date: 24-Jun-93
Class A-2 Certificates, Series 1993E LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993E LIBOR + 0.70% 6.57500%
Class A-4 Certificates, Series 1993E LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993E Prime - 0.40% 8.35000%
Class B Certificates, Series 1993E Prime - 0.40% 8.35000%
LIBOR 5.87500% Prime 8.75000% 8.50820% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
21 i. Current Master Servicer Advanced (Recovered) Interest 0.00
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 41,790.78
vii. Amount of Delinquencies of Mortgage Loans 527,273.27
viii. Alternate Rate for next Distribution: 15-Dec-95 8.40909%
---------------------------------------------------------------------------------------------------------------------------------
22 i. Number of Mortgage Loans 30 to 59 Days Delinquent 2
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 241,178.92
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 2
vi. Aggregate Principal Balances on Mortgage Loans 90 or More Days Delinquent 738,000.00
vii. Number of Mortgage Loans in Foreclosure 2
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 6,800,000.00
23 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
************************** SERVICING CERTIFICATE **************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 2
------------
<S> <C> <C> <C> <C>
Class A-5 Certificates, Series 1993E Fixed Rate 6.88000% Original Settlement Date: 24-Jun-93
Distribution Date: 15-Nov-95
Wtd Avg Mortgage Rate 7.52704%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Principal Balance 7,552,575.65
2 Beginning Group 2 Factor 58.954888%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 7,552,575.65
- ------------------------------------------------------------------------------------------------------------------------------------
4 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 35,585.82
5 Aggregate of all Unscheduled Principal Received 5,241.12
6 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
7 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
8 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
9 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
10 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
11 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
12 Current Principal Advances 0.00
13 Current Servicer Principal Reimbursements 1,352.12
14 i. Total Principal Available For Distribution (4+5+6+7+8+9+10+11+12-13) 39,501.82
ii. Aggregate Net Liquidation Losses 0.00
15 Aggregate of all Interest Payments Received (P&S 5.09 ) 50,099.90
16 Current Servicing Fee 1,573.45
17 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (2,726.12)
ii. Monthly Advance based on amounts due to Class A Certificateholders 0.00
18 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (2,726.12)
19 Total Interest Available For Distribution (15-16+18) 45,800.33
20 Total Funds Available For Distribution (14+19) 85,302.15
- ------------------------------------------------------------------------------------------------------------------------------------
21 Formula Principal Distribution Amount 39,501.82
- ------------------------------------------------------------------------------------------------------------------------------------
22 i. Class A-5 Total Distribution Allocable to Principal (P&S 6.02i ) 39,501.82
ii. Class A-5 Scheduled Principal 34,260.70
iii. Class A-5 Unscheduled Principal 5,241.12
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
23 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 43,301.43
ii. Class A-5 Scheduled Interest 43,301.43
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
24 i. Total Amount to Certificate Insurer (Loan Group 2) 723.79
ii. Monthly Insurance Premium (Loan Group 2) 723.79
iii. Reimbursement Amount (Loan Group 2) 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
25 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 50,126.38
ii. Cumulative Master Servicer Advanced Principal 31,887.42
--------------------------------------------------------------------------------------------------------------------------------
26 Available Excess Interest (19-23i-24i) 1,775.11
27 i. Recovery of Servicer Advances (1,775.11)
ii. Distribution to Group 1 or 3 for Shortfalls 0.00
28 Class R Distribution Amount For Such Distribution Date 0.00
--------------------------------------------------------------------------------------------------------------------------------
29 Ending Group 2 Principal Balance 7,513,073.83
30 Ending Group 2 Factor 58.646539%
31 Ending Class A-5 Principal Balance 7,513,073.83
</TABLE>
============================================================================
<PAGE>
**************************SERVICING CERTIFICATE**************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 3
- ------------
<S> <C> <C> <C> <C>
Class A-6 Certificates, Series 1993E Fixed Rate 7.16000% Original Settlement Date: 24-Jun-93
Distribution Date: 15-Nov-95
Wtd Avg Mortgage Rate 8.00110%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 9,036,286.02
2 Beginning Group 3 Factor 62.155731%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-6 Principal Balance 9,036,286.02
- ------------------------------------------------------------------------------------------------------------------------------------
4 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 8,738.90
5 Aggregate of all Unscheduled Principal Received (Payoffs & Curtailments) 2,407.12
6 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
7 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
8 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
9 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
10 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
11 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
12 Current Principal Advances 0.00
13 Current Servicer Principal Reimbursements 708.65
14 i. Total Principal Available For Distribution (4+5+6+7+8+9+10+11+12-13) 10,437.37
ii. Aggregate Net Liquidation Losses 0.00
15 Aggregate of all Interest Payments Received (P&S 5.09 ) 65,682.43
16 Current Servicing Fee 1,882.56
17 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) (5,432.24)
ii. Monthly Advance based on amounts due to Class A Certificateholders 0.00
18 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (5.432.24)
19 Total Interest Available For Distribution (15-16+18) 58,367.63
20 Total Funds Available For Distribution (14+19) 68,805.00
- ------------------------------------------------------------------------------------------------------------------------------------
21 Formula Principal Distribution Amount 10,437.37
- ------------------------------------------------------------------------------------------------------------------------------------
22 i. Class A-6 Total Distribution Allocable to Principal (P&S 6.02i ) 10,437.37
ii. Class A-6 Scheduled Principal 8,030.25
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 2,407.12
iv. Class A-6 Net Liquidation Proceeds 0.00
v. Class A-6 Repurchase Proceeds 0.00
23 i. Class A-6 Total Distribution Allocable to Interest (P&S 6.02ii ) 53,916.51
ii. Class A-6 Scheduled Interest 53,916.51
iii. Class A-6 Other Interest 0.00
iv. Class A-6 Interest Shortfall 0.00
v. Class A-6 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
24 i. Total Amount to Certificate Insurer (Loan Group 3) 865.97
ii. Monthly Insurance Premium (Loan Group 3) 865.97
iii. Reimbursement Amount (Loan Group 3) 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
25 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 54,108.44
ii. Cumulative Master Servicer Advanced Principal 7,229.58
- ------------------------------------------------------------------------------------------------------------------------------------
26 Available Excess Interest (19-23i-24i) 3,585.15
27 i. Recovery of Servicer Advances (3,585.15)
ii. Distribution to Group 1 or 2 for Shortfalls 0.00
28 Class R Distribution Amount For Such Distribution Date 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
29 Ending Group 3 Principal Balance 9,025,848.65
30 Ending Group 3 Factor 62.083938%
31 Ending Class A-6 Principal Balance 9,025,848.65
</TABLE>
===========================================================================
<PAGE>
********************** STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period:01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jun-93
LOAN GROUP 2
------------
<S> <C> <C>
Class A-5 Certificates, Series 1993E Original Settlement Date: 24-Jun-93
Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-5 Total Distribution Allocable to Principal 3.083485
ii. Class A-5 Scheduled Principal 2.674367
iii. Class A-5 Unscheduled Principal 0.409118
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 3.380080
ii. Class A-5 Scheduled Interest 3.380080
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Interest Shortfall 0.000000
- ---------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
3 Ending Group 2 Principal Balance 7,513,073.83
4 Ending Group 2 Factor 58.646539%
5 Ending Class A-5 Principal Balance 7,513,073.83
6 i. Current Master Servicer Advanced (Recovered) Interest (4,501.23)
ii. Current Master Servicer Advanced (Recovered) Principal (1,325.12)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 2,725.10
viii. Amount of Delinquent Interest of Mortgage Loans 4,121.38
ix. NEXT CLASS A-5 PASS-THROUGH RATE 15-DEC-95 6.88000%
- ---------------------------------------------------------------------------------------------------------------------------
7 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 228,291.16
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
8 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
===========================================================================================================================
<CAPTION>
LOAN GROUP 3
------------
Class A-6 Certificates, Series 1993E
- ---------------------------------------------------------------------------------------------------------------------------
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-6 Total Distribution Allocable to Principal 0.717930
ii. Class A-6 Scheduled Principal 0.552358
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 0.165573
iv. Class A-6 Net Liquidation Proceeds 0.000000
v. Class A-6 Repurchase Proceeds 0.000000
2 i. Class A-6 Total Distribution Allocable to Interest 3.708626
ii. Class A-6 Scheduled Interest 3.708626
iii. Class A-6 Other Interest 0.000000
iv. Class A-6 Interest Shortfall 0.000000
v. Class A-6 Unpaid Interest Shortfall 0.000000
- ---------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
3 Ending Group 3 Principal Balance 9,025,848.65
4 Ending Group 3 Factor 62.083938%
5 Ending Class A-6 Principal Balance 9,025,848.65
6 i. Current Master Servicer Advanced (Recovered) Interest (9,017.39)
ii. Current Master Servicer Advanced (Recovered) Principal (708.65)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 0.00
viii. Amount of Delinquent Interest of Mortgage Loans 0.00
ix. NEXT CLASS A-6 PASS-THROUGH RATE 15-DEC-95 7.16000%
- ---------------------------------------------------------------------------------------------------------------------------
7 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
8 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
===============================================================================
</TABLE>
<PAGE>
**************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period:01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Sep-93
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993F LIBOR + 0.29% 6.16500% Original Settlement Date: 23-Sep-93
Class A-2 Certificates, Series 1993F LIBOR + 0.35% 6.22500% Distribution Date: 15/Nov/95
Class A-3 Certificates, Series 1993F LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 1993F LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993F LIBOR + 1.25% 7.12500%
8.53881% - Weighted Average Mortgage Rate (WAC)
LIBOR 5.87500% 8.17381% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C> <C>
1 Beginning Group 1 Principal Balance 146,553,941.15
2 Beginning Group 1 Factor 69.554296%
----------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 31,849,571.15
4 Beginning Class A-2 Principal Balance 49,000,000.00
5 Beginning Class A-3 Principal Balance 43,536,000.00
6 Beginning Class A-4 Principal Balance 14,222,500.00
7 Beginning Class B Principal Balance 7,945,870.00
----------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
9 Aggregate of all Principal Prepayments Received 3,576,173.26
10 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
11 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
12 Aggregate of any Awards or Settlements from Condemnation Proceeding (P&S 5.08iv ) 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 3,576,173.26
ii. Aggregate Net Liquidation Losses 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 1,015,092.60
20 Current Servicing Fee 30,532.07
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 27,737.61
ii. Monthly Advance based on amounts due to Class A Certificateholders 0.00
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 984,560.53
24 Total Funds Available For Distribution (18+23) 4,560,733.79
----------------------------------------------------------------------------------------------------------------------------
25 Formula Principal Distribution Amount 3,576,173.26
----------------------------------------------------------------------------------------------------------------------------
26 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 3,576,173.26
ii. Class A-1 Prepaid Principal 3,576,173.26
iii. Class A-1 Net Liquidation Proceeds plus Aggregate Net Liquidation Losses 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
27 i. Class A-1 Total Diistribution Allocable to Interest (P&S 6.02i ) 163,627.17
Class A-1 Current Interest 163,627.17
Class A-1 Interest Shortfall 0.00
Class A-1 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------
28 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02ii ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
29 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 254,187.50
ii. Class A-2 Current Interest 254,187.50
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------
30 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
31 i. Class A-3 Total Distribution Allocable to Interest 235,638.60
ii. Class A-3 Current Interest 235,638.60
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Principal Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------
32 i. Class A-4 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-4 Prepaid Principal 0.00
iii. Class A-4 Net Liquidation Proceeds 0.00
iv. Class A-4 Repurchase Proceeds 0.00
v. Class A-4 Unpaid Principal Shortfall 0.00
33 i. Class A-4 Total Distribution Allocable to Interest (P&S 6.02ii ) 81,483.07
ii. Class A-4 Current Interest 81,483.07
iii. Class A-4 Interest Shortfall 0.00
iv Class A-4 Unpaid Principal Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------
34 i. GRAND TOTAL TO CERTIFICATE INSURER FOR ALL LOANS GROUPS 18,671.15
ii. Total Amount to Certificate Insurer (Loan Group 1) 13,306.37
iii. Monthly Insurance Premium (Loan Group 1) 13,306.37
iv. Reimbursement Amount (Loan Group 1) 0.00
</TABLE>
=============================================================================
<PAGE>
**************************** SERVICING CERTIFICATE ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01- Oct-95 to 31-Oct-95
P&S Agreement Date: 01-Sep-93
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993F LIBOR + 0.29% 6.16500% Original Settlement Date: 23-Sep-93
Class A-2 Certificates, Series 1993F LIBOR + 0.35% 6.22500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993F LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 1993F LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993F LIBOR + 1.25% 7.12500%
LIBOR 5.87500% 8.53881% - Weighted Average Mortgage Rate (WAC)
8.17381% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C> <C>
35 i. Class B Total Distribution Allocable to Principal (P&S 6.02i) 0.00
ii. Class B Prepaid Principal 0.00
iii. Class B Net Liquidation Proceeds 0.00
iv. Class B Repurchase Proceeds 0.00
v. Class B Unpaid Principal Shortfall 0.00
36 i. Class B Total Distribution Allocable to Interest (P&S 6.02ii) 47,178.60
ii. Class B Current Interest 47,178.60
iii. Class B Interest Shortfall 0.00
iv. Class B Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
37 i. Cumulative Master Servicer Advanced Interest (P&S 60.2v) 50,500.90
ii. Cumulative Master Servicer Advanced Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
38 i. Beginning Advance Reserve Fund Balance 959,000.00
ii. Current Advance Reserve Fund Advances 0.00
iii. Current Advance Reserve Fund Deposit 0.00
iv. Ending Advance Reserve Fund Balance 959,000.00
--------------------------------------------------------------------------------------------------------------------------------
39 Available Excess Interest 189,139.22
40 i. Funds transferred to Groups 2 and 3 0.00
ii. Recovery of Servicer Advances (189,139.22)
41 Class R Distribution Amount For Such Distribution Date 0.00
--------------------------------------------------------------------------------------------------------------------------------
LOANS GROUP 1
-------------
42 Ending Group 1 Principal Balance 142,977,767.89
43 Ending Group 1 Factor 67.857049%
44 Ending Class A-1 Principal Balance 28,273,397.89
45 Ending Class A-2 Principal Balance 49,000,000.00
46 Ending Class A-3 Principal Balance 43,536,000.00
47 Ending Class A-4 Principal Balance 14,222,500.00
48 Ending Class B Principal Balance 7,945,870.00
</TABLE>
=============================================================================
<PAGE>
********************* STATEMENT TO CERTIFICATEHOLDERS *********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Inverstors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period:01-Oct-95 to 31-Oct-95
LOAN GROUP 1 P & S Agreement Date: 01-Sep-93
-----------
<S> <C> <C>
Class A-1 Certificates, Series 1993F LIBOR + 0.29% 6.16500% Original Settlement Date: 23-Sep-93
Class A-2 Certificates, Series 1993F LIBOR + 0.35% 6.22500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993F LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 1993F LIBOR + 1.00% 6.87500%
Class B Certificates, Series 1993F LIBOR + 1.25% 7.12500%
LIBOR 5.87500% Prime 0.00000% 8.17381% - Weighted Average Net Mortage Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<S> <C> <C>
1 i. Class A-1 Total Distribution Allocable to Principal 37.251805
ii. Class A-1 Prepaid Principal 37.251805
iii. Class A-1 Net Liquidation Proceeds plus Aggregate Net Liquidation Losses 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 1.704450
ii. Class A-1 Current Interest 1.704450
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.187500
ii. Class A-2 Current Interest 5.187500
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.412500
ii. Class A-3 Current Interest 5.412500
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
7 i. Class A-4 Total Distribution Allocable to Principal (P&S 6.02i ) 0.000000
ii. Class A-4 Prepaid Principal 0.000000
iii. Class A-4 Net Liquidation Proceeds 0.000000
iv. Class A-4 Repurchase Proceeds 0.000000
v. Class A-4 Unpaid Principal Shortfall 0.000000
8 i. Class A-4 Total Distribution Allocable to Interest 5.729166
ii. Class A-4 Current Interest 5.729166
iii. Class A-4 Interest Shortfall 0.000000
iv. Class A-4 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
9 i. Class B Total Distribution Allocable to Principal 0.000000
ii. Class B Prepaid Principal 0.000000
iii. Class B Net Liquidation Proceeds 0.000000
iv. Class B Repurchase Proceeds 0.000000
v. Class B Unpaid Principal Shortfall 0.000000
10 i. Class B Total Distribution Allocable to Interest 5.937500
ii. Class B Current Interest 5.937500
iii. Class B Interest Shortfall 0.000000
iv. Class B Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
11 Ending Group 1 Principal Balance 142,977,767.89
12 Ending Group 1 Factor 67.857049%
13 Ending Class A-1 Principal Balance 28,273, 397.89
14 Ending Class A-2 Principal Balance 49,000,000.00
15 Ending Class A-3 Principal Balance 43,536,000.00
16 Ending Class A-4 Principal Balance 14,222,500.00
17 Ending Class B Principal Balance 7,945,870.00
18 i. Current Master Servicer Advanced (Recovered) Interest (189,139.22)
ii. Current Master Serviver Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii Amount of Delinquencies of Mortgage Loans 321,071.82
viii. ALTERNATE RATE FOR NEXT DISTRIBUTION: 15-DEC-95 8.16876%
----------------------------------------------------------------------------------------------------------------------------------
19 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,072,595.09
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 1,077,274.97
v. Number of Mortgage Loans 90 of More Days Delinquent 1
vi. Aggregate Principal Balances on Mortgage Loans 90 or More Days Delinquent 849,697.19
vii Number of Mortgage Loans in Foreclosure 4
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 4,515,199.65
20 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
==============================================================================
<PAGE>
************************** SERVICING CERTIFICATE ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Sep-93
LOAN GROUP 2
------------
<S> <C> <C>
Class A-5 Certificates, Series 1993F Stated Rate 6.05000% Original Settlement Date: 23-Sep-93
Distribution Date: 15-Nov-95
WAC 7.03204% Wtd Avg Net Mtg Rate (Alternate) - 6.66704%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Balance 32,823,862.50
2 Beginning Group 2 Factor 83.995657%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 32,823,862.50
- ------------------------------------------------------------------------------------------------------------------------------------
4 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 122,924.85
5 Aggregate of all Unscheduled Principal Received 289,480.61
6 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
7 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
8 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
9 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
10 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
11 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
12 Current Servicer Principal Advances 0.00
13 Current Servicer Principal Reimbursements 9,415.07
14 i. Total Principal Available For Distribution (4+5+6+7+8+9+10+11+12-13) 402,990.40
ii. Aggregate Net Liquidation Losses 0.00
15 Aggregate of all Interest Payments Received (P&S 5.09 ) 209,401.78
16 Current Servicing Fee 6,838.30
17 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (17,052.85)
ii. Monthly Advance based on amounts due to Class A-5 Certificateholders 0.00
18 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (17,052.85)
19 Total Interest Available For Distribution (15-16+1B) 185,510.62
20 Funds transferred from Group 1 or 3 0.00
21 Total Funds Available For Distribution (14i+19+20) 588,501.02
- ------------------------------------------------------------------------------------------------------------------------------------
22 Formula Principal Distribution Amount 402,990.40
- ------------------------------------------------------------------------------------------------------------------------------------
23 i. Class A-5 Total Distribution Allocable to Principal (P&S 6.02i ) 402,990.40
ii. Class A-5 Scheduled Principal 115,900.92
iii. Class A-5 Unscheduled Principal 287,089.48
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
vi. Class A-5 Unpaid Principal Shortfall 0.00
24 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 165,486.97
ii. Class A-5 Scheduled Interest 165,486.97
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
25 i. Total Amount to Certificate Insurer (Loan Group 2) 3,151.09
ii. Monthly Insurance Premium (Loan Group 2) 3,151.09
iii. Reimbursement Amount (Loan Group 2) 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
26 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 165,717.60
ii. Cumulative Master Servicer Advanced Principal 101,184.55
---------------------------------------------------------------------------------------------------------------------------------
27 Available Excess Interest 16,872.56
28 Recovery of Servicer Advances (16,872.56)
29 Class R Distribution Amount For Such Distribution Date 0.00
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
30 Ending Group 2 Principal Balance 32,420,872.10
31 Ending Group 2 Factor 82.964412%
32 Ending Class A-5 Principal Balance 32,420,872.10
</TABLE>
==============================================================================
<PAGE>
****************************SERVICING CERTIFICATE***************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 1-Sep-93
LOAN GROUP 3
------------
<S> <C> <C> <C> <C>
Class A-6 Certificates, Series 1993F Stated Rate 7.00000% Original Settlement Date: 23-Sep-93
Distribution Date: 15-Nov-95
WAC 7.56371% Wtd Avg Net Mtg Rate (Alternate)-7.19871%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 23,059,267.54
2 Beginning Group 3 Factor 95.253981%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-6 Principal Balance 23,059,267.54
- ------------------------------------------------------------------------------------------------------------------------------------
4 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 22,296.97
5 Aggregate of all Unscheduled Principal Received (payoffs & Curtailments) 80,718.78
6 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
7 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
8 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
9 Aggregate of any Proceeds From Repurchased (P&S 5.08v ) 0.00
10 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
11 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
12 Current Principal Advances 0.00
13 Current Servicer Principal Reimbursements 1,382.52
14 i. Total Principal Available For Distribution (4+5+6+7+8+9+10+11+12-13) 101,633.23
ii. Aggregate Net Liquidation Losses 0.00
15 Aggregate of all Interest Payments Received (P&S 5.09 ) 158,033.13
16 Current Servicing Fee 4,804.01
17 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (12,688.46)
ii. Monthly Advance based on amounts due to Class A-6 Certificateholders 0.00
18 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (12,688.46)
19 Total Interest Available For Distribution (15-16+17-18) 140,540.66
20 Funds transferred from Group 1 or 2 0.00
21 Total Funds Available For Distribution (14i+19+20) 242,173.89
- ------------------------------------------------------------------------------------------------------------------------------------
22 Formula Principal Distribution Amount 101,633.23
- ------------------------------------------------------------------------------------------------------------------------------------
23 i. Class A-6 Total Distribution Allocable to Principal (P&S 6.02i ) 101,633.23
ii. Class A-6 Scheduled Principal 21,069.08
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 80,564.15
iv. Class A-6 Net Liquidation Proceeds 0.00
v. Class A-6 Repurchase Proceeds 0.00
vi. Class A-6 Unpaid Principal Shortfall 0.00
24 i. Class A-6 Total Distribution Allocable to Interest (P&S 6.02ii ) 134,512.39
ii. Class A-6 Scheduled Interest 134,512.39
iii. Class A-6 Other Interest 0.00
iv. Class A-6 Interest Shortfall 0.00
v. Class A-6 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
25 i. Total Amount to Certificate Insurer (Loan Group 3) 2,213.69
ii. Monthly Insurance Premium (Loan Group 3) 2,213.69
iii. Reimbursement Amount (Loan Group 3) 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
26 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 89,006.38
ii. Cumulative Master Servicer Advanced Principal 18,960.09
- ------------------------------------------------------------------------------------------------------------------------------------
27 Available Excess Interest 3,814.58
28 Recovery of Servicer Advances (3,814.58)
29 Class R Distribution Amount For Such Distribution Date 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
30 Ending Group 3 Principal Balance 22,957,634.31
31 Ending Group 3 Factor 94.834151%
32 Ending Class A-6 Principal Balance 22,957,634.31
</TABLE>
===========================================================================
<PAGE>
********************** STATEMENT TO CERTIFICATEHOLDLERS **********************
<TABLE>
<CAPTION>
<S> <C>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Sep-93
LOAN GROUP 2
------------
Class A-5 Certificates, Series 1993F Original Settlement Date: 23-Sep-93
Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denominations)
<C> <S> <C>
1 i. Class A-5 Total Distribution Allocable to Principal 10.312450
ii. Class A-5 Scheduled Principal 2.965883
iii. Class A-5 Unscheduled Principal 7.346567
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
vi. Class A-5 Unpaid Principal Shortfall 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 4.234781
ii. Class A-5 Scheduled Interest 4.234781
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
3 Ending Group 2 Principal Balance 32,420,872.10
4 Ending Group 2 Factor 82.964412%
5 Ending Class A-5 Principal Balance 32,420,872.10
6 i. Current Master Servicer Advanced (Recovered) Interest (33,925.42)
ii. Current Master Servicer Advanced (Recovered) Principal (9,415.07)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 0.00
viii. Amount of Delinquent Interest of Mortgage Loans 0.00
ix. CLASS A-5 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.05000%
- ------------------------------------------------------------------------------------------------------------------------------------
7 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
8 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
====================================================================================================================================
LOAN GROUP 3
------------
Class A-6 Certificates, Series 1993F
- ------------------------------------------------------------------------------------------------------------------------------------
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
1 i. Class A-6 Total Distribution Allocable to Principal 4.198299
ii. Class A-6 Scheduled Principal 0.870328
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 3.327970
iv. Class A-6 Net Liquidation Proceeds 0.000000
v. Class A-6 Repurchase Proceeds 0.000000
vi. Class A-6 Unpaid Principal Shortfall 0.000000
2 i. Class A-6 Total Distribution Allocable to Interest 5.556482
ii. Class A-6 Scheduled Interest 5.556482
iii. Class A-6 Other interest 0.000000
iv. Class A-6 Interest Shortfall 0.000000
v. Class A-6 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOANS GROUP 3
-------------
3 Ending Group 3 Principal Balance 22,957,634.31
4 Ending Group 3 Factor 94.834151%
5 Ending Class A-6 Principal Balance 22,957,634.31
6 i. Current Master Servicer Advanced (Recovered) Interest (16,503.04)
ii. Current Master Servicer Advanced (Recovered) Principal (1,382.52)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 0.00
viii. Amount of Delinquent Interest of Mortgage Loans 0.00
ix. CLASS A-6 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 7.00000%
- ------------------------------------------------------------------------------------------------------------------------------------
7 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
8 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
================================================================================
<PAGE>
<TABLE>
<S> <C> <C>
Chemical Bank, Trustee Determination Date: 10-Nov-95
Manufactured Housing Contracts Remittance Date: 15-Oct-95
Senior/Subordinated Pass-Through Certificates Series 1993G For the Period Ended: 25-Oct-95
Information for Clauses (a) through (s), Section 7.01
</TABLE>
<TABLE>
<CAPTION>
Class A-1 Class A-2 Class A-3
<S> <C> <C> <C>
(a) Class A Distribution Amount 2,071,000.27 215,820.00 68,604.25
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 707,850.35
(b) Partial Prepayments Received 50,591.72
(c) Principal Payments in Full (Scheduled Balance) 1,180,477.70
(d) Liquidation Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
---------------- --------------- ---------------
Total Class A Principal Distribution $1,939,019.77 0.00 0.00
(c) Interest Distribution 131,985.50 215,820.00 68,604.25
Class A Unpaid Interest Shortfall 0.00 0.00 0.00
---------------- --------------- ---------------
Total Class A Interest Distribution 131,986.50 215,820.00 68,604.25
(d) Beginning Class A Principal Balance 34,809,626.02 47,960,000.00 14,443,000.00
Less: Class A Principal Distribution 1,939,019.77 0.00 0.00
---------------- --------------- ---------------
Remaining Class A Principal Balance 32,870,606.25 47,960,000.00 14,443,000.00
(e) Monthly Excess Cashflow 541,866.83
(f) Class B Distribution Amount 593,965.68 Original Balance
Class A-1 74,000,000.00
(g)(i) Formula Principal Distribution Amount Class A-2 47,960,000.00
(a) Scheduled Principal Due 0.00 Class A-3 14,443,000.00
(b) Partial Prepayments Received 0.00 Class B 24,073,138.60
(c) Principal Payments in Full (Scheduled Balance) 0.00
(d) Liquidated Contract Scheduled Balance 0.00 (m) Pool Factor
(e) Section 3.05 Purchase Scheduled Balance 0.00 Class A-1 0.44419738
Class B Principal Loss Amount 0.00 Class A-2 1.00000000
(ii) Class B Accelerated Principal Distribution 541,886.83 Class A-3 1.00000000
(iii)Section 6.03 (c) Reverse Fund Income 9,309.43 CLass B 0.37209875
----------------
Total Class B Principal Distribution 551,176.26
(h) Interest Distribution 42,789.42
Class B Unpaid Interest Shortfall 0.00
----------------
Total Class B Interest Distribution 42,789.42
(i) Beginning Class B Principal Balance 9,508,761.01
Less: Class B Principal Distribution 551,176.26
----------------
Remaining Class B Principal Balance 8,957,584.75
(j) Fees Due Servicer
Monthly Servicing Fee 126,339.34
Section 8.06 Reimbursement Amount 0.00
Section 6.02 Reimbursement Amount 61,922.17
Reimburseable Fees 0.00
----------------
Total Fees Due Servicer 188,261.51
(k) Delinquency No. of Unpaid Principal
Contracts Balance
31-59 Days Delinquent 167 2,959,387
60-89 Days Delinquent 36 668,385
90+ Days Delinquent 54 985,115
(l) Section 3.05 Repurchases 0.00
(n) Beginning Reserve Fund Amount 2,158,761.39
Class B Class B
Interest Principal Total
(o) Reserve Fund Draw Amount 0.00 0.00 0.00
(q) Ending Reserve Fund Amount 2,158,761.39
(r) Principal Balance of Contracts in Repossession 0.00
(s) Aggregate Net Liquidation Losses 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Computation of Available Distribution Amount
<S> <C> <C>
(i) Certificate Account Balance at Monthly Cutoff 3,114,173.77
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income 14,174.51
Less:
(i) Aggregate Repossession Profits 0.00
(ii) Due to the Servicer Pursuant to Section 5.02
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from Liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 126,339.34
(iv) Reimburseable Liquidation Expenses 61,922.17
(v) Section 6.04 (c) reimbursement 0.00
(vi) Amounts not required to be deposited 0.00
Total Due Servicer 188,261.51
Available Distribution Amount 2,940,086.77
To Class A 2,355,430.52
Class 6 Interest 42,789.42
Monthly Excess Cashflow 541,865.83
Monthly Advance 0.00
Schedule Balance Computation
Prior Month Balance 121,285,764.82
Current Balance 119,520,357.37
Adv Principal 64,037.46
Del Principal 237,649.78
Pool Scheduled Balance 119,346,745.05
Principal Payments in Full 1,180,477.70
Partial Prepayments 50,691.72
Scheduled Principal 707,850.35
Collateral Balance 119,520,357.37
</TABLE>
<PAGE>
******************* SERVICING CERTIFICATE *********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-OCT-95 to 02-NOV-
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Sep-93
SUB-POOL 1
- ----------
<S> <C> <C>
Class A1-1 Certificates, Series 1993H Original Settlement Date 30-Sep-93
Class A1-2 Certificates, Series 1993H Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993H
8.316042% - Weighted Average Mortgage Rate
=========
7.474994% - Weighted Average Pass-Through Rate
=========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
SUB POOL 1
----------
<C> <S> <C>
1 Beginning Number of Loans 456
2 Beginning Pool Balance 111,874,799.26
3 Beginning Pool Balance Factor 77.707795%
-----------------------------------------------------------------------------------------------------------------------
4 Beginning Class A1-1 Principal Balance 56,129,097.57
5 Beginning Class A1-2 Principal Balance 40,643,000.00
6 Beginning Class M1 Principal Balance 15,102,701.69
-----------------------------------------------------------------------------------------------------------------------
7 Aggregate of all Principal Payments Received 86,844.86
8 Aggregate of all Principal Curtailments Received 90,228.01
9 Aggregate Number of Loan Payoffs 21
10 Aggregate of any Principal Prepayments Received 4,885,581.88
11 Aggregate of any Insurance Proceeds Received 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Not of any Advances 0.00
16 Current Principal Advances (31ii+31iv+31vi) 0.00
17 Current Servicer Principal Reimbursements 0.00
18 Total Principal Available For Distribution (7+8+9+10+11+12+13+14+15+16-17) 4,862,654.75
19 Aggregate of all Interest Payments Received 740,670.97
20 Current Servicing Fee 4,428.38
21 Current Interest Advances (19-20-27i-29i-31i-32) 0.00
22 Current Servicer Interest Reimbursements 0.00
23 Total Interest Available For Distribution (19-20+21-22) 736,242.59
24 Total Funds Available For Distribution (18+23) 5,598,897.34
-----------------------------------------------------------------------------------------------------------------------
25 Formula Principal & Interest Distribution Amount (26i+27i+28i+29i+30i+31i+32+36) 5,598,897.34
-----------------------------------------------------------------------------------------------------------------------
26 i Class A1-1 Total Amount Allocable to Principal 4,206,213.58
ii Class A1-1 Scheduled Principal [(4+5)/2] x 7 75,121.11
iii Class A1-1 Unscheduled Principal [(4+6)/2] x (8+10) 4,131,092.47
iv Class A1-1 Net Liquidation Proceeds 0.00
v Class A1-1 Repurchase Proceeds 0.00
vi Class A1-1 Realized Losses (Uncovered) 0.00
vii Class A1-1 Realized Losses (Fraud) 0.00
viii Class A1-1 Realized Losses (Bankruptcy) 0.00
ix Class A1-1 Unpaid Principal Shortfall 0.00
27 i Class A1-1 Total Amount Allocable to Principal 349,637.24
ii Class A1-1 Scheduled Interest 349,637.24
iii Class A1-1 Other Interest 0.00
iv Class A1-1 Realized Losses (Uncovered) 0.00
v Class A1-1 Realized Losses (Fraud) 0.00
vi Class A1-1 Realized Losses (Bankruptcy) 0.00
vii Class A1-1 Extraordinary Trust Fund Expenses 0.00
viii Class A1-1 Relief Act Interest Shortfall 0.00
xi Class A1-1 Carryover Interest Shortfall 0.00
x Class A1-1 Unpaid Interest Shortfall 0.00
-----------------------------------------------------------------------------------------------------------------------
28 i Class A1-2 Total Amount Allocable to Principal 0.00
ii Class A1-2 Scheduled Principal 0.00
iii Class A1-2 Unscheduled Principal 0.00
iv Class A1-2 Net Liquidation Proceeds 0.00
v Class A1-2 Repurchase Proceeds 0.00
vi Class A1-2 Realized Losses (Uncovered) 0.00
vii Class A1-2 Realized Losses (Fraud) 0.00
viii Class A1-2 Realized Losses (Bankruptcy) 0.00
ix Class A1-2 Unpaid Principal Shortfall 0.00
29 i Class A1-2 Total Amount Allocable to Interest 253,171.83
ii Class A1-2 Scheduled Interest 253,171.83
iii Class A1-2 Other Interest 0.00
iv Class A1-2 Realized Losses (Uncovered) 0.00
v Class A1-2 Realized Losses (Fraud) 0.00
vi Class A1-2 Realized Losses (Bankruptcy) 0.00
vii Class A1-2 Extraordinary Trust Fund Expenses 0.00
viii Class A1-2 Relief Act Interest Shortfall 0.00
ix Class A1-2 Carryover Interest Shortfall 0.00
x Class A1-2 Unpaid Interest Shortfall 0.00
-----------------------------------------------------------------------------------------------------------------------
30 i Class M1 Total Amount Allocable to Principal 656,441.17
ii Class M1 Scheduled Principal (6/2) x 7 11,723.75
iii Class M1 Unscheduled Principal (6/2) x (5+10) 644,717.42
iv Class M1 Net Liquidation Proceeds 0.00
v Class M1 Repurchase Proceeds 0.00
vi Class M1 Realized Losses (Uncovered) 0.00
vii Class M1 Realized Losses (Fraud) 0.00
viii Class M1 Realized Losses (Bankruptcy) 0.00
ix Class M1 Unpaid Principal Shortfall 0.00
31 i Class M1 Total Amount Allocable to Principal 94,077.18
ii Class M1 Scheduled Interest 94,077.18
iii Class M1 Other Interest 0.00
iv Class M1 Realized Losses (Uncovered) 0.00
v Class M1 Realized Losses (Fraud) 0.00
vi Class M1 Realized Losses (Bankruptcy) 0.00
vii Class M1 Extraordinary Trust Fund Expenses 0.00
viii Class M1 Relief Act Interest Shortfall 0.00
ix Class M1 Carryover Interest Shortfall 0.00
x Class M1 Unpaid Interest Shortfall 0.00
</TABLE>
=============================================================================
<PAGE>
**************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
<S> <C> <C>
Merrill Lynch Mortgage Investors, Inc. Current Due Period 01-OCT-95 to 02-NOV-
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Sep-93
SUB-POOL 1
----------
Class A1-1 Certificates, Series 1993H Original Settlement Date: 30-Sep-93
Class A1-2 Certificates, Series 1993H Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993H
8,316042% Less than-Weighted Average Mortgage Rate
============
7.474994% Less than-Weighted Average Pass-Through Rate
============
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
32 Administrative Expense 39,356.34
--------------------------------------------------------------------------------------------------------------------------------
33 i. Cumulative Master Servicer Advanced Interest 17,554.10
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
--------------------------------------------------------------------------------------------------------------------------------
34 Available Excess Interest (19-20-27i-29i-31i-32) 0.00
35 Additional Servicing Compensation 0.00
36 Class R Distribution Amount For Such Distribution Date 0.00
37 Weighted Average Pass-Through Rate 7.47499%
--------------------------------------------------------------------------------------------------------------------------------
SUB POOL 1
----------
38 Ending Number of Loans 435
39 Ending Pool Balance 107,012,144.51
40 Weighted Average Remaining Term to Maturity 333
41 Ending Class A1-1 Principal Balance 51,922,883.99
42 Ending Certificate Factor Class A1-1 54.751915%
43 Ending Class A1-2 Principal Balance 40,643,000.00
44 Ending Certificate Factor Class A1-2 100.000000%
45 Ending Class M1 Principal Balance 14,446,260.52
46 Ending Certificate Factor Class M1 68.326408%
--------------------------------------------------------------------------------------------------------------------------------
47 i. Number of Mortgage Loan 30 to 59 Days Delinquent 14
ii. Aggregate principal Balances of Mortgage Loans 30 to 59 Days Delinquent 3,520,286.08
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 10
vi. Aggregate principal Balances of Mortgage Loans 90 or More Days Delinquent 2,019,055.03
vii. Number of Mortgage Loans in Foreclosure 4
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 751,316.33
48 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
49 Prepayment Priority Date No
50 Credit Support Depletion Date No
51 Principal Balance of Converted Loans 0.00
52 i. Total Coverage of GE Mortgage Pool Insurance Policy (Beginning of Month) 6,300,446.00
ii. Current Draws on Mortgage Pool Insurance Policy 0.00
iii. Remaining Coverage of GE Mortgage Pool Insurance Policy (End of Month) 6,300,446.00
iv. Total Coverage of PMI Mortgage Pool Insurance Policy (Beginning of Month) 6,140,859.44
v. Current Draws on Mortgage Pool Insurance Policy 0.00
vi. Remaining Coverage of PMI Mortgage Pool Insurance Policy (End of Month) 6,140,859.44
vii. Total Coverage of UGI Mortgage Pool Insurance Policy (Beginning of Month) 3,153,925.37
viii. Current Draws on Mortgage Pool Insurance Policy 0.00
ix. Remaining Coverage of UGI Mortgage Pool Insurance Policy (End of Month) 3,153,925.37
53 i. Total Coverage of Special Hazard Insurance Policy (Beginning of Month) 2,979,182.00
ii. Current Draws on Special Hazard Insurance Policy 0.00
iii. Remaining Coverage of Special Hazard Insurance Policy (End of Month) 2,979,182.00
54 i. Total Bankruptcy Reserve Fund (Beginning of Month) 100,000.00
ii. Withdrawals for Deficient Valuation 0.00
iii. Withdrawals for Debt Service Reduction 0.00
iv. Remaining Balance Bankruptcy Reserve Fund (End of Month) 100,000.00
</TABLE>
============================================================================
<PAGE>
*********************** STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NO
P & S Agreement Date: 01-Sep-93
Sub-Pool 1
----------
<S> <C> <C>
Class A1-1 Certificates, Series 1993H Original Settlement Date 30-Sep-93
Class A1-2 Certificates, Series 1993H Distribution Date: 27-Nov-95
Class M1 Certificates, Series 1993H
8.316042% - Weighted Average Mortgage Rate
7.474994% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A-1 Certificates (per Certificates with a $1,000 denomination)
<C> <S> <C>
1 i Class A1-1 Total Amount Allocable to Principal 44.35390
ii Class A1-1 Scheduled Principal [(4+5)/2] x 7 0.79214
iii Class A1-1 Unscheduled Principal [(4+5)/2] x (8+10) 43.56176
iv Class A1-1 Net Liquidation Proceeds 0.00000
v Class A1-1 Repurchase Proceeds 0.00000
vi Class A1-1 Realized Losses (Uncovered) 0.00000
vii Class A1-1 Realized Losses (Fraud) 0.00000
viii Class A1-1 Realized Losses (Bankruptcy) 0.00000
ix Class A1-1 Unpaid Principal Shortfall 0.00000
2 i Class A1-1 Total Amount Allocable to Interest 3.68687
ii Class A1-1 Scheduled Interest 3.68687
iii Class A1-1 Other Interest 0.00000
iv Class A1-1 Realized Losses (Uncovered) 0.00000
v Class A1-1 Realized Losses (Fraud) 0.00000
vi Class A1-1 Realized Losses (Bankruptcy) 0.00000
vii Class A1-1 Extraordinary Trust Fund Expenses 0.00000
viii Class A1-1 Relief Act Interest Shortfall 0.00000
ix Class A1-1 Carryover Interest Shortfall 0.00000
x Class A1-1 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
3 i Class A1-2 Total Amount Allocable to Principal 0.00000
ii Class A1-2 Scheduled Principal 0.00000
iii Class A1-2 Unscheduled Principal 0.00000
iv Class A1-2 Net Liquidation Proceeds 0.00000
v Class A1-2 Repurchase Proceeds 0.00000
vi Class A1-2 Realized Losses (Uncovered) 0.00000
vii Class A1-2 Realized Losses (Fraud) 0.00000
viii Class A1-2 Realized Losses (Bankruptcy) 0.00000
ix Class A1-2 Unpaid Principal Shortfall 0.00000
4 i Class A1-2 Total Amount Allocable to Interest 6.22916
ii Class A1-2 Scheduled Interest 6.22916
iii Class A1-2 Other Interest 0.00000
iv Class A1-2 Realized Losses (Uncovered) 0.00000
v Class A1-2 Realized Losses (Fraud) 0.00000
vi Class A1-2 Realized Losses (Bankruptcy) 0.00000
vii Class A1-2 Extraordinary Trust Fund Expenses 0.00000
viii Class A1-2 Relief Act Interest Shortfall 0.00000
ix Class A1-2 Carryover Interest Shortfall 0.00000
x Class A1-2 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
5 i Class M1 Total Amount Allocable to Principal 31.04787
ii Class M1 Scheduled Principal (6/2 x 7) 0.55450
iii Class M1 Unscheduled Principal (6/2) x (8+10) 30.49317
iv Class M1 Net Liquidation Proceeds 0.00000
v Class M1 Repurchase Proceeds 0.00000
vi Class M1 Realized Losses (Uncovered) 0.00000
vii Class M1 Realized Losses (Fraud) 0.00000
viii Class M1 Realized Losses (Bankruptcy) 0.00000
ix Class M1 Unpaid Principal Shortfall 0.00000
6 i Class M1 Total Amount Allocable to Interest 4.44956
ii Class M1 Scheduled Interest 4.44956
iii Class M1 Other Interest 0.00000
iv Class M1 Realized Losses (Uncovered) 0.00000
v Class M1 Realized Losses (Fraud) 0.00000
vi Class M1 Realized Losses (Bankruptcy) 0.00000
vii Class M1 Extraordinary Trust Fund Expenses 0.00000
viii Class M1 Relief Act Interest Shortfall 0.00000
ix Class M1 Carryover Interest Shortfall 0.00000
x Class M1 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
Sub-Pool 1
----------
7 Ending Number of Loans 435
8 Ending Pool Balance 107,012,144.51
9 Ending Class A1-1 Principal Balance 51,922,883.99
10 Ending Certificate Factor Class A1-1 54.751915%
11 Ending Class A1-2 Principal Balance 40,643,000.00
12 Ending Certificate Factor Class A1-2 100.000000%
13 Ending Class M1 Principal Balance 14,446,260.52
14 Ending Certificate Factor Class M1 68.326408%
---------------------------------------------------------------------------------------------------------------------------------
15 i Current Master Servicer Advanced Interest 0.00
ii Current Master Servicer Advanced Principal 0.00
iii Current Advance Reserve Fund Advanced Interest 0.00
iv Current Advance Reserve Fund Advanced Principal 0.00
v Current Trustee Advanced Interest 0.00
vi Current Trustee Advanced Principal 0.00
vii Current Recovered Advanced Interest 0.00
viii Current Recovered Advanced Principal 0.00
ix Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
16 i Number of Mortgage Loans 30 to 59 Days Delinquent 14
ii Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 3,520,286.08
iii Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v Number of Mortgage Loans 90 or More Days Delinquent 10
vi Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 2,019,055.03
vii Number of Mortgage Loans in Foreclosure 4
viii Aggregate Principal Balances of Mortgage Loans in Foreclosure 751,316.33
17 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
***************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period:01-OCT-95 to 02-NO
P & S Agreement Date: 01-Sep-93
SUB-POOL 2
----------
<S> <C> <C>
Class A2 Certificates, Series 1993H Original Settlement Da 30-Sep-93
Class A2 Certificates, Series 1993H Distribution Date: 27-Nov-95
8.417834% - Weighted Average Mortgage Rate
==========
7.570812% - Weighted Average Pass-Through Rate
==========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
SUB POOL 2
----------
<C> <S> <C>
1 Beginning Number of Loans 123
2 Beginning Pool Balance 35,341,676.20
3 Beginning Pool Balance Factor 54.860895%
---------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A2 Principal Balance 30,305,500.98
5 Beginning Class M2 Principal Balance 5,036,175.22
6 Beginning Class R Principal Balance 0.00
---------------------------------------------------------------------------------------------------------------------------------
7 Aggregate of all Principal Payments Received 26,953.12
8 Aggregate of all Principal Curtailments Received 5,663.57
9 Aggregate Number of Loan Payoffs 5
10 Aggregate of any Principal Prepayments Received 1,284,217.59
11 Aggregate of any Insurance proceeds Received 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
16 Current Principal Advances (31ii+31iv+31vi) 0.00
17 Current Servicer Principal Reimbursements 0.00
18 Total Principal Available For Distribution (7+8+10+11+12+13+14+15+16-17) 1,316,834.28
19 Aggregate of all Interest Payments Received 236,806.91
20 Current Servicing Fee 1,398.94
21 Current Interest Advances (19-20-27i-29i-31) 0.00
22 Current Servicer Interest Reimbursements 0.00
23 Total Interest Available For Distribution (19-20+21-22) 235,407.97
24 Total Funds Available For Distribution (18+23) 1,552,242.25
---------------------------------------------------------------------------------------------------------------------------------
25 Formula Principal & Interest Distribution Amount (26i+27i+28i+29i+30i+31i+35i) 1,552,242.25
---------------------------------------------------------------------------------------------------------------------------------
26 i Class A2 Total Amount Allocable to Principal 1,129,185.90
ii Class A2 Scheduled Principal ((4/2) x 7) 23,112.31
iii Class A2 Unscheduled Principal (4/2) x (8+10) 1,106,073.58
iv Class A2 Net Liquidation Proceeds 0.00
v Class A2 Repurchase Proceeds 0.00
vi Class A2 Realized Losses (Uncovered) 0.00
vii Class A2 Realized Losses (Fraud) 0.00
viii Class A2 Realized Losses (Bankruptcy) 0.00
ix Class A2 Unpaid Principal Shortfall 0.00
27 i Class A2 Total Amount Allocable to Interest 191,197.72
ii Class A2 Scheduled Interest 191,197.72
iii Class A2 Other Interest 0.00
iv Class A2 Realized Losses (Uncovered) 0.00
v Class A2 Realized Losses (Fraud) 0.00
vi Class A2 Realized Losses (Bankruptcy) 0.00
vii Class A2 Extraordinary Trust Fund Expenses 0.00
viii Class A2 Relief Act Interest Shortfall 0.00
ix Class A2 Carryover Interest Shortfall 0.00
x Class A2 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
28 i Class M2 Total Amount Allocable to Principal 187,648.38
ii Class M2 Scheduled Principal ((5/2) x 7) 3,840.81
iii Class M2 Unscheduled Principal (5/2) x (8+10) 183,807.57
iv Class M2 Net Liquidation Proceeds 0.00
v Class M2 Repurchase Proceeds 0.00
vi Class M2 Realized Losses (Uncovered) 0.00
vii Class M2 Realized Losses (Fraud) 0.00
viii Class M2 Realized Losses (Bankruptcy) 0.00
ix Class M2 Unpaid Principal Shortfall 0.00
29 i Class M2 Total Amount Allocable to Interest 31,773.28
ii Class M2 Scheduled Interest 31,773.28
iii Class M2 Other Interest 0.00
iv Class M2 Realized Losses (Uncovered) 0.00
v Class M2 Realized Losses (Fraud) 0.00
vi Class M2 Realized Losses (Bankruptcy) 0.00
vii Class M2 Extraordinary Trust Fund Expenses 0.00
viii Class M2 Relief Act Interest Shortfall 0.00
ix Class M2 Carryover Interest Shortfall 0.00
x Class M2 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
30 Class R Total Amount Allocable to Principal 0.00
---------------------------------------------------------------------------------------------------------------------------------
31 Administrative Expense 12,436.97
---------------------------------------------------------------------------------------------------------------------------------
32 i. Cumulative Master Servicer Advanced Interest 247.06
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
33 Available Excess Interest (19-20-27i-29i-31) 0.00
34 Additional Servicing Compensation 0.00
35 Class R Distribution Amount For Such Distribution Date 0.00
36 Weighted Average Pass-Through Rate 7.57081%
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
************* SERVICING CERTIFICATE **************
<TABLE>
<CAPTION>
<S> <C> <C>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-OCT-95 to 02-NOV-
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Sep-93
SUB-POOL 2
----------
Class A2 Certificates, Series 1993H Original Settlement Date: 30-Sep-93
Class M2 Certificates, Series 1993H Distribution Date: 27-Nov-95
8.417834% - Weighted Average Mortagage Rate
========
7,570812% - Weighted Average Pass-Through Rate
========
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
<C> <S> <C>
37 Ending Number of Loans 118
38 Ending Pool Balance 34,024,841.92
39 Weighted Average Remaining Term to Maturity 334
40 Ending Class A2 Principal Balance 29,176,315.08
41 Ending Certificate Factor Class A2 52.406580%
42 Ending Class M2 Principal Balance 4,848,526.84
43 Ending Certificate Factor Class M2 52.406580%
---------------------------------------------------------------------------------------------------------------------------------
44 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
45 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
========================================================================
<PAGE>
********************* STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Collection Period: 01-OCT-95 TO 02-NOV-95-
P & S Agreement Date: 01-Sep-93
SUB POOL 2
----------
<S> <C> <C> <C>
Original Settlement Date: 30-Sep-93
Class A2 Certificates, Series 1993H Distribution Date: 27-Nov-95
Class M2 Certificates, Series 1993H
8.417864% Less Than Weighted Average Mortgage Rate
7.570812% Less Than Weighted Average Pass-Through Rate
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A1 Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A2 Total Amount Allocable to Principal 20.28247
ii. Class A2 Scheduled Principal ((4/2) x 7) 0.41514
iii. Class A2 Unscheduled Principal (4/2) x (8+10) 19.86733
iv. Class A2 Net Liquidation Proceeds 0.00000
v. Class A2 Repurchase Proceeds 0.00000
vi. Class A2 Realized Losses (Uncovered) 0.00000
vii. Class A2 Realized Losses (Fraud) 0.00000
viii. Class A2 Realized Losses (Bankruptcy) 0.00000
ix. Class A2 Unpaid Principal Shortfall 0.00000
2 i. Class A2 Total Amount Allocable to Interest 3.43430
ii. Class A2 Scheduled Interest 3.43430
iii. Class A2 Other Interest 0.00000
iv. Class A2 Realized Losses (Uncovered) 0.00000
v. Class A2 Realized Losses (Fraud) 0.00000
vi. Class A2 Realized Losses (Bankruptcy) 0.00000
vii. Class A2 Extraordinary Trust Fund Expenses 0.00000
viii. Class A2 Relief Act Interest Shortfall 0.00000
ix. Class A2 Carryover Interest Shortfall 0.00000
x. Class A2 Unpaid Interest Shortfall 0.00000
----------------------------------------------------------------------------------------------------------------------------------
3 i. Class M2 Total Amount Allocable to Principal 20.28247
ii. Class M2 Scheduled Principal ((5/2) x 7) 0.41514
iii. Class M2 Unscheduled Principal (5/2) x (8+10) 19.86733
iv. Class M2 Net Liquidation Proceeds 0.00000
v. Class M2 Repurchase Proceeds 0.00000
vi. Class M2 Realized Losses (Uncovered) 0.00000
vii. Class M2 Realized Losses (Fraud) 0.00000
viii. Class M2 Realized Losses (Bankruptcy) 0.00000
ix. Class M2 Unpaid Principal Shortfall 0.00000
4 i. Class M2 Total Amount Allocable to Interest 3.43430
ii. Class M2 Scheduled Interest 3.43430
iii. Class M2 Other Interest 0.00000
iv. Class M2 Realized Losses (Uncovered) 0.00000
v. Class M2 Realized Losses (Fraud) 0.00000
vi. Class M2 Realized Losses (Bankruptcy) 0.00000
vii. Class M2 Extraordinary Trust Fund Expenses 0.00000
viii. Class M2 Relief Act Interest Shortfall 0.00000
ix. Class M2 Carryover Interest Shortfall 0.00000
x. Class M2 Unpaid Interest Shortfall 0.00000
- ------------------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
5 Ending Number of Loans 118
6 Ending Pool Balance 34,024,841.92
7 Ending Class A2 Principal Balance 29,176,315.08
8 Ending Certificate Factor Class A2 52.406580%
9 Ending Class M2 Principal Balance 4,848,526.84
10 Ending Certificate Factor Class M2 52.406580%
---------------------------------------------------------------------------------------------------------------------------------
11 i. Current Master Servicer Advanced Interest 0.00
ii. Current Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
----------------------------------------------------------------------------------------------------------------------------------
12 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
13 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
==============================================================================
<PAGE>
**************************** SERVICING CERTIFICATE ****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Collection Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Nov-93
LOAN GROUP 1 PASS-THROUGH RATES CURRENT DISTRIBUTION:
- ------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993I LIBOR + 0.33% 6.20500% Original Settlement Date: 30-Nov-93
Class A-2 Certificates, Series 1993I LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993I LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 1993I LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1993I LIBOR + 1.25% 7.12500%
LIBOR 5.87500% WAC 8.39049% 8.02549% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C> <C>
1 Begining Group 1 Principal Balance 116,853,821.85
2 Begining Group 1 Factor 74.823822%
----------------------------------------------------------------------------------------------------------------------------------
3 Begining Class A-1 Principal Balance 31,881,871.28
4 Begining Class A-2 Principal Balance 36,400,000.00
5 Begining Class A-3 Principal Balance 33,969,000.00
6 Begining Class A-4 Principal Balance 10,463,000.00
7 Begining Class B-1 Principal Balance 4,139,950.58
----------------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
9 Aggregate of all Principal Prepayments Received 435,258.91
10 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
11 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortagage Interest Insurance Policy (P&S 5.08vi ) 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 435,256.91
ii. Loss on Liquidated Mortgage Loans 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 728,527.41
20 Current Servicing Fee 24,344.55
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 88,523.28
ii. Monthly Advance based on amounts due to Class A Certificateholders 0.00
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 704,182.85
24 Total Funds Available For Distribution (18+23) 1,139,439.77
----------------------------------------------------------------------------------------------------------------------------------
25 Formula Principal Distribution Amount 435,256.91
----------------------------------------------------------------------------------------------------------------------------------
26 i. Class A-1 Total Amount Allocable to Principal (P&S 6.02i ) 435,256.91
ii. Class A-1 Prepaid Principal 435,256.91
iii. Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
27 i. Class A-1 Total Amount Allocable to Interest (P&S 6.02ii ) 164,855.84
ii. Class A-1 Current Interest 164,855.84
iii. Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
28 i. Class A-2 Total Amount Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
29 i. Class A-2 Total Amount Allocable to Interest (P&S 6.02ii ) 190,341.67
ii. Class A-2 Current Interest 190,341.67
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
30 i. Class A-3 Total Amount Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
31 i. Class A-3 Total Amount Allocable to Interest 183,857.21
ii. Class A-3 Current Interest 183,857.21
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
32 i. Class A-4 Total Amount Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-4 Prepaid Principal 0.00
iii. Class A-4 Net Liquidation Proceeds 0.00
iv. Class A-4 Repurchase Proceeds 0.00
v. Class A-4 Unpaid Principal Shortfall 0.00
33 i. Class A-4 Total Amount Allocable to Interest (P&S 6.02ii ) 59,944.27
ii. Class A-4 Current Interest 59,944.27
iii. Class A-4 Interest Shortfall 0.00
iv. Class A-4 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
34 i. GRAND TOTAL TO CERTIFICATE INSURER FOR ALL LOAN GROUPS 16,198.51
ii. Total Amount to Certificate Insurer (Loan Group 1) 10,820.53
iii. Monthly Insurance Premium (Loan Group 1) 10,820.53
iv. Reimbursement Amount (Loan Group 1) 0.00
</TABLE>
------------------------------------------------------------------------------
<PAGE>
********************* SERVICING CERTIFICATE ********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Nov-93
LOAN GROUP 1 PASS-THROUGH RATES CURRENT DISTRIBUTION:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 19931 LIBOR + 0.33% 6.20500% Original Settlement Date: 30-Nov-93
Class A-2 Certificates, Series 19931 LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 19931 LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 19931 LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 19931 LIBOR + 1.25% 7.12500%
LIBOR 5.87500% WAC 8.39049% 8.02549% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<C> <S> <C> <C>
35 i. Class B-1 Total Amount Allocable to Principal (P&S 6.02i) 0.00
ii. Class B-1 Prepaid Principal 0.00
iii. Class B-1 Net Liquidation Proceeds 0.00
iv. Class B-1 Repurchase Proceeds 0.00
v. Class B-1 Unpaid Principal Shortfall 0.00
36 i. Class B-1 Total Amount Allocable to Interest (P&S 6.02ii ) 24,580.96
ii. Class B-1 Current Interest 24,580.96
iii. Class B-1 Interest Shortfall 0.00
iv. Class B-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
37 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 0.00
ii. Cumulative Master Servicer Advanced Principal 0.00
---------------------------------------------------------------------------------------------------------------------------------
38 i. Beginning Advance Reserve Fund Balance 234,250.00
ii. Current Advance Reserve Fund Advances 0.00
iii. Current Advance Reserve Fund Deposit 0.00
iv. Ending Advance Reserve Fund Balance 234,250.00
---------------------------------------------------------------------------------------------------------------------------------
39 Available Excess Interest (23-27i-29i-31i-33i-34ii-36i) 69,782.38
40 Funds transferred to Groups 2 and 3 0.00
41 Recovery of Servicer Advances (63,178.30)
42 Class R Distribution Amount For Such Distribution Date 6,604.08
---------------------------------------------------------------------------------------------------------------------------------
Loan Group 1
------------
43 Ending Group 1 Principal Balance 116,418,564.95
44 Ending Group 1 Factor 74.545118%
45 Ending Class A-1 Principal Balance 31,446,614.37
46 Ending Class A-2 Principal Balance 36,400,000.00
47 Ending Class A-3 Principal Balance 33,969,000.00
48 Ending Class A-4 Principal Balance 10,463,000.00
49 Ending Class B-1 Principal Balance 4,139,950.58
</TABLE>
================================================================================
<PAGE>
******************** STATEMENT TO CERTIFICATEHOLDERS ********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Nov-93
LOAN GROUP 1
- ------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1993I LIBOR + 0.33% 6.20500% Original Settlement Date: 30-Nov-93
Class A-2 Certificates, Series 1993I LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1993I LIBOR + 0.62% 6.49500%
Class A-4 Certificates, Series 1993I LIBOR - 1.00% 6.87500%
Class B-1 Certificates, Series 1993I LIBOR + 1.25% 7.12500%
LIBOR 5.87500% 8.02549% - Weighted Average Net Mortgage Rate (Alternate)
</TABLE>
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C> <C>
1 i. Class A-1 Total Amount Allocable to Principal 6.113159
ii. Class A-1 Prepaid Principal 6.113159
iii. Class A-1 Net Liquidation Proceeds 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Amount Allocable to Interest 2.315391
ii. Class A-1 Current Interest 2.315391
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
-----------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Amount Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Amount Allocable to Interest 5.229167
ii. Class A-2 Current Interest 5.229167
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
- --------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Amount Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Amount Allocable to Interest 5.412500
ii. Class A-3 Current Interest 5.412500
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
- --------------------------------------------------------------------------------------------------------------------------------
7 i. Class A-4 Total Amount Allocable to Principal (P&S 6.02i ) 0.000000
ii. Class A-4 Prepaid Principal 0.000000
iii. Class A-4 Net Liquidation Proceeds 0.000000
iv. Class A-4 Repurchase Proceeds 0.000000
v. Class A-4 Unpaid Principal Shortfall 0.000000
8 i. Class A-4 Total Amount Allocable to Interest 5.729167
ii. Class A-4 Current Interest 5.729167
iii. Class A-4 Interest Shortfall 0.000000
iv. Class A-4 Unpaid Interest Shortfall 0.000000
-----------------------------------------------------------------------------------------------------------------------------
9 i. Class B-1 Total Amount Allocable to Principal 0.000000
ii. Class B-1 Prepaid Principal 0.000000
iii. Class B-1 Net Liquidation Proceeds 0.000000
iv. Class B-1 Repurchase Proceeds 0.000000
v. Class B-1 Unpaid Principal Shortfall 0.000000
10 i. Class A-4 Total Amount Allocable to Interest 5.937501
ii. Class A-4 Current Interest 5.937501
iii. Class A-4 Interest Shortfall 0.000000
iv. Class A-4 Unpaid Interest Shortfall 0.000000
-----------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
11 Ending Group 1 Principal Balance 116,418,564.95
12 Ending Group 1 Factor 74.545118%
13 Ending Class A-1 Principal Balance 31,446,614.37
14 Ending Class A-2 Principal Balance 36,400,000.00
15 Ending Class A-3 Principal Balance 33,969,000.00
16 Ending Class A-4 Principal Balance 10,463,000.00
17 Ending Class B-1 Principal Balance 4,139,950.58
-----------------------------------------------------------------------------------------------------------------------------
18 i. Current Master Servicer Advanced (Recovered) Interest (63,178.30)
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 102,668.12
viii. ALTERNATE RATE FOR NEXT DISTRIBUTION DATE: 15-DEC-95 7.81427%
-----------------------------------------------------------------------------------------------------------------------------
19 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 764,833.77
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 2,260,000.00
v. Number of Mortgage Loans 90 or More Days Delinquent 2
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 3,019,528.06
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
20 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
============================================================================
<PAGE>
*********************** SERVICING CERTIFICATE ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
LOAN GROUP 2 P & S Agreement Date: 01-Nov-93
- ------------
<S> <C> <C> <C> <C> <C> <C>
Class A-5 Certificates, Series 1993I Alternate Rate 6.22894%
Class B-2 Certificates, Series 1993I Alternate Rate 6.22894% Original Settlement Date: 30-Nov-93
Group 2 WAC 6.59394% Group 2 Wtd Avg Net Mtg Rate (Alternate Rate) 6.22894% Distribution Date: 15-Nov-95
Group 3 WAC 7.14647% Group 3 Wtd Avg Net Mtg Rate (Alternate Rate) 6.78147%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Principal Balance 35,726,396.66
2 Beginning Group 2 Factor 86.596708%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 34,694,994.66
4 Beginning Class B-2 Principal Balance 1,031,402.00
- ------------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 143,726.31
6 Aggregate of all Unscheduled Principal Received 131,461.27
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
9 Aggregate of any Awards or Settlements from Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08iv ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 1,985.36
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 273,202.22
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09i ) 204,607.49
17 Current Servicing Fee 7,443.00
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (8,292.73)
ii. Monthly Advance based on amounts due to Class A-5 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (8,292.73)
20 Total Interest Available For Distribution (16-17+19) 188,871.75
21 Funds transferred from Group 1 or 3 0.00
22 Total Funds Available For Distribution (15+20+21) 462,073.98
- ------------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 273,202.22
- ------------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-5 Total Distribution Allocable to Principal (P&S 6.02i ) 273,202.22
ii. Class A-5 Scheduled Principal 141,740.95
iii. Class A-5 Unscheduled Principal 131,461.27
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
vi. Class A-5 Unpaid Principal Shortfall 0.00
25 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 180,094.20
ii. Class A-5 Scheduled Interest 180,094.20
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 2) 3,330.72
ii. Monthly Insurance Premium (Loan Group 2) 3,330.72
iii. Reimbursement Amount (Loan Group 2) 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-2 Total Distribution Allocable to Principal 0.00
ii. Class B-2 Scheduled Principal 0.00
iii. Class B-2 Unscheduled Principal 0.00
iv. Class B-2 Net Liquidation Proceeds 0.00
v. Class B-2 Repurchase Proceeds 0.00
vi. Class B-2 Unpaid Principal Shortfall 0.00
28 i. Class B-2 Total Distribution Allocable to Principal 5,353.78
ii. Class B-2 Scheduled Interest 5,353.78
iii. Class B-2 Other Interest 0.00
iv. Class B-2 Interest Shortfall 0.00
v. Class B-2 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 162,580.61
ii. Cumulative Master Servicer Advanced Principal 116,462.07
- ------------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 93.06
31 Distribution to Group 1 or 3 for Shortfalls 0.00
32 Recovery of Servicer Advances (93.06)
33 Class R Distribution Amount For Such Distribution Date 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
34 Ending Group 2 Principal Balance 35,453,194.44
35 Ending Group 2 Factor 85.934497%
36 Ending Class A-5 Principal Balance 34,421,792.44
37 Ending Class B-2 Principal Balance 1,031,402.00
</TABLE>
===========================================================================
<PAGE>
******************** SERVICING CERTIFICATE ********************
<TABLE>
<CAPTION>
Merril Lynch Mortgage Investors,Inc.
Primefirst Adjustable Rate Mortgage Pass- Through Certificates Current Due Period:01-Oct -95 to 31-Oct-95
Loan Group 3 P & S Agreement Date: 01-Nov-93
- ------------
<S> <C> <C> <C> <C>
Class A-6 Certificates,Series 19931 Alternate Rate 6.78147%
Class B-3 Certificates,Series 19931 Alternate Rate 6.22894% Original Settlement Date: 30-Nov-93
<CAPTION>
<S> <C> <C> <C> <C>
Group 2 WAC 6.59394% Group 2 Wtd Avg Net Mtg Rate (Alternate Rate) 6.22894% Distribution Date 15-Nov-95
Group 3 WAC 7.14647% Group 3 Wtd Avg Net Mtg Rate (Alternate Rate) 6.78147%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Loan Group 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 21,895,758.33
2 Beginning Group 3 Factor 96.01209%
- ----------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-6 Principal Balance 21,325,628,.76
4 Beginning Class B-3 Principal Balance 570,129.57
- ----------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5,08i ) 20,645.23
6 Aggregate of all Unscheduled Principal Received (Payoffs and Curtailments) 145,887.28
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5,08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5,08iii) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5,08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5,08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortage Interest Insurance Policy (P&S 5,08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5,08vii) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 96.45
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 166,436.06
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5,09 ) 131,467.93
17 Current Servicing Fee 4,561.62
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (1,070.11)
ii. Monthly Advance based on amounts due to Class A-6 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (1,070.11)
20 Total Interest Available For Distribution (16-17+19) 125,836.20
21 Funds transferred from Group 1 or 2 0.00
22 Total Funds Available For Distrubition (151+20+21) 292,272.26
- ----------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 166,436.06
- ----------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-6 Total Distribution Allocable to Principal (P&S 6.02i ) 166,436.06
ii. Class A-6 Scheduled Principal 20,689.17
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 145,746.89
iv. Class A-6 Net Liquidation Proceeds 0.00
v. Class A-6 Repurchase Proceeds 0.00
vi. Class A-6 Unpaid Principal Shortfall 0.00
25 i. Class A-6 Total Distribution Allocable to Interest (P&S 6.02ii ) 120,515.93
ii. Class A-6 Sheduled Interest 120,515.93
iii. Class A-6 Other Interest 0.00
iv. Class A-6 Interest Shortfall 0.00
v. Class A-6 Unpaid Interest Shortfall 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 3) 2,047.26
ii. Monthly Insurance Premium (Loan Group 3) 2,047.26
iii. Reimbursement Amount (Loan Group 3) 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-3 Total Distribution Allocable to Principal 0.00
ii. Class B-3 Scheduled Principal 0.00
iii. Class B-3 Unscheduled Principal 0.00
iv. Class B-3 Net Liquidation Proceeds 0.00
v. Class B-3 Repurchase Proceeds 0.00
vi. Class B-3 Unpaid Principal Shortfall 0.00
28 i. Class B-3 Total Distribution Allocable to Interest 2,959.42
ii. Class B-3 Scheduled Interest 2,959.42
iii. Class B-3 Other Interest 0.00
iv. Class B-3 Interest Shortfall 0.00
v. Class B-3 Unpaid Interest Shortfall 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 118,645.89
ii. Cumulative Master Servicer Advanced Principal 19,320.81
- ----------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 313.59
31 Distribution to Group 1 or 2 for Shortfalls 0.00
32 Recovery of Servicer Advances (313.59)
33 Class R Distribution Amount For Such Distribution Date 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Loan Group 3
------------
34 Ending Group 3 Principal Balance 21,729,322.27
35 Ending Group 3 Factor 95.262274%
36 Ending Class A-6 Principal Balance 21,159,192.70
37 Ending Class B-3 Principal Balance 570,129.57
</TABLE>
===========================================================================
<PAGE>
************************ STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
P & S Agreement Date: 01-Nov-93
LOAN GROUP 2 Original Settlement Date: 30-Nov-93
------------
<S> <C> <C>
Class A-5 Certificates, Series 1993i
Class B-2 Certificates, Series 1993i Distribution Date: 15-Nov-95
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-5 Total Distribution Allocable to Principal 6.791908
ii. Class A-5 Scheduled Principal 3.523732
iii. Class A-5 Unscheduled Principal 3.268176
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
vi. Class A-5 Unpaid Principal Shortfall 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 4.477208
ii. Class A-5 Scheduled Interest 4.477208
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-2 Total Distribution Allocable to Principal 0.000000
ii. Class B-2 Scheduled Principal 0.000000
iii. Class B-2 Unscheduled Principal 0.000000
iv. Class B-2 Net Liquidation Proceeds 0.000000
v. Class B-2 Repurchase Proceeds 0.000000
vi Class B-2 Unpaid Principal Shortfall 0.000000
4 i. Class B-2 Total Distribution Allocable to Interest 5.190779
ii. Class B-2 Scheduled Interest 5.190779
iii. Class B-2 Other Interest 0.000000
iv. Class B-2 Interest Shortfall 0.000000
v. Class B-2 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
5 Ending Group 2 Principal Balance 36,453,194.44
6 Ending Group 2 Factor 85.934497%
7 Ending Class A-5 Principal Balance 34,421,792.44
8 Ending Class B-2 Principal Balance 1,031,402.00
--------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (8,385.79)
ii. Current Master Servicer Advanced (Recovered) Principal (1,985.36)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 3,721.09
viii. Amount of Delinquent Interest of Mortgage Loans 5,132.57
ix. CLASS A-5 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.22743%
x. CLASS B-2 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.22743%
--------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 2
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 723,536.23
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 54,149.41
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
************************ STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
P & S Agreement Date: 01-Nov-93
LOAN GROUP 3 Original Settlement Date: 30-Nov-95
------------
<S> <C> <C>
Class A-6 Certificates, Series 1993i
Class B-3 Certificates, Series 1993i Distribution Date: 15-Nov-95
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-6 Total Distribution Allocable to Principal 7.485292
ii. Class A-6 Scheduled Principal 0.930474
iii. Class A-6 Unscheduled Principal (Payoffs & Curtailments) 6.554817
iv. Class A-6 Net Liquidation Proceeds 0.000000
v. Class A-6 Repurchase Proceeds 0.000000
vi. Class A-6 Unpaid Principal Shortfall 0.000000
2 i. Class A-6 Total Distribution Allocable to Interest 5.420081
ii. Class A-6 Scheduled Interest 5.420081
iii. Class A-6 Other Interest 0.000000
iv. Class A-6 Interest Shortfall 0.000000
v. Class A-6 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-3 Total Distribution Allocable to Principal 0.000000
ii. Class B-3 Scheduled Principal 0.000000
iii. Class B-3 Unscheduled Principal 0.000000
iv. Class B-3 Net Liquidation Proceeds 0.000000
v. Class B-3 Repurchase Proceeds 0.000000
vi Class B-3 Unpaid Principal Shortfall 0.000000
4 i. Class B-3 Total Distribution Allocable to Interest 5.190785
ii. Class B-3 Scheduled Interest 5.190785
iii. Class B-3 Other Interest 0.000000
iv. Class B-3 Interest Shortfall 0.000000
v. Class B-3 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
5 Ending Group 3 Principal Balance 21,729,322.27
6 Ending Group 3 Factor 95.282274%
7 Ending Class A-6 Principal Balance 21,159,192.70
8 Ending Class B-3 Principal Balance 570,129.57
--------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (1,383.70)
ii. Current Master Servicer Advanced (Recovered) Principal (96.45)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 200.39
viii. Amount of Delinquent Interest of Mortgage Loans 1,334.50
ix. CLASS A-6 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.78246%
x. CLASS B-3 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 16-DEC-95 6.22743%
--------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 1
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 220,883.57
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
************************ SERVICING CERTIFICATE ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C>
Class A-1 Certificates, Series 1994A LIBOR + 0.29% 6.16500% Current Due Period: 01-Oct-95 to 31-Oct-95
Class A-2 Certificates, Series 1994A LIBOR + 0.35% 6.22500% P & S Agreement Date: 01-Jan-94
Class A-3 Certificates, Series 1994A LIBOR + 0.62% 6.49500%
Class M Certificates, Series 1994A LIBOR + 1.00% 6.87500% Original Settlement Date: 03-Feb-94
Class B-1 Certificates, Series 1994A LIBOR + 1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 8.11383% 7.85336% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C> <C>
1 Beginning Group 1 Principal Balance 225,899,904.19
2 Beginning Group 1 Factor 79.363942%
----------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 71,029,947.42
4 Beginning Class A-2 Principal Balance 55,343,000.00
5 Beginning Class A-3 Principal Balance 57,928,000.00
6 Beginning Class M Principal Balance 22,059,000.00
7 Beginning Class B-1 Principal Balance 8,539,956.77
----------------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
9 Aggregate of all Principal PrePayments Received 3,523,371.92
10 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
11 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 3,523,371.92
ii. Loss on Liquidated Mortgage Loans 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 1,335,251.52
20 Current Serviving Fee 47,082.48
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) 192,176.33
ii. Monthly Advance based on amounts due to Adjustable Rate Offered Certificateholders 0.00
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 1,288,189.04
24 Total Funds Available For Distribution (18+23) 4,811,560.96
----------------------------------------------------------------------------------------------------------------------------------
25 Formula Principal Distribution Amount 3,523,371.92
----------------------------------------------------------------------------------------------------------------------------------
26 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 3,523,371.92
ii. Class A-1 Prepaid Principal 3,523,371.92
iii. Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
27 i. Class A-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 364,916.35
ii. Class A-1 Current Interest 364,916.35
iii. Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
28 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
29 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 344,154.31
ii. Class A-2 Current Interest 344,154.31
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
30 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
31 i. Class A-3 Total Distribution Allocable to Interest 313,535.30
ii. Class A-3 Current Interest 313,535.30
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
32 i. Class M Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class M Prepaid Principal 0.00
iii. Class M Net Liquidation Proceeds 0.00
iv. Class M Repurchase Proceeds 0.00
v. Class M Unpaid Principal Shortfall 0.00
33 i. Class M Total Distribution Allocable to Interest (P&S 6.02ii ) 126,379.69
ii. Class M Current Interest 126,379.69
iii. Class M Interest Shortfall 0.00
iv. Class M Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
34 i. Grand Total to Certificate Issuer for All Loan Groups 7,419.88
ii. Total Amount to Certificate Issuer (Loan Group 1) 1,970.49
iii. Monthly Insurance Premium (Loan Group 1) 1,970.49
iv. Reimbursement Amount (Loan Group 1) 0.00
v. Unpaid Balance of Loans Covered by Surety Bond 52,546,499.50
</TABLE>
------------------------------------------------------------------------------
<PAGE>
******************************* SERVICING CERTIFICATE ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994A LIBOR + 0.29% 6.16500% Current Due Period: 01-Oct-95 to 31-Oct-95
Class A-2 Certificates, Series 1994A LIBOR + 0.35% 6.22500% P & S Agreement Date: 01-Jan-94
Class A-3 Certificates, Series 1994A LIBOR + 0.62% 6.49500%
Class M Certificates, Series 1994A LIBOR + 1.00% 6.87500% Original Settlement Date: 03-Feb-94
Class B-1 Certificates, Series 1994A LIBOR + 1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 8.11383% 7.85336% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<S> <C> <C> <C>
35 i. Class B-1 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B-1 Prepaid Principal 0.00
iii. Class B-1 Net Liquidation Proceeds 0.00
iv. Class B-1 Repurchase Proceeds 0.00
v. Class B-1 Unpaid Principal Shortfall 0.00
36 i. Class B-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 50,705.99
ii. Class B-1 Current Interest 50,705.99
iii. Class B-1 Interest Shortfall 0.00
iv. Class B-1 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
37 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 64,503.66
ii. Cumulative Master Servicer Advanced Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
38 i. Beginning Advance Reserve Fund Balance 711,600.00
ii. Current Advance Reserve Fund Deposit 0.00
iii. Current Advance Reserve Fund Advances 0.00
iv. Ending Advance Reserve Fund Balance 711,600.00
--------------------------------------------------------------------------------------------------------------------------------
39 Available Excess Interest 86,526.91
40 Funds transferred to Groups 2 and 3 0.00
41 Recovery of Servicer Advances (86,526.91)
42 Class R Distribution Amount For Such Distribution Date 0.00
--------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
43 Ending Group 1 Principal Balance 222,376,532.27
44 Ending Group 1 Factor 78.126099%
45 Ending Class A-1 Principal Balance 67,506,575.50
46 Ending Class A-2 Principal Balance 66,343,000.00
47 Ending Class A-3 Principal Balance 57,928,000.00
48 Ending Class M Principal Balance 22,059,000.00
49 Ending Class B-1 Principal Balance 8,539,956.77
</TABLE>
=============================================================================
<PAGE>
********************** STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jan-94
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994A LIBOR + 0.29% 6.16500% Original Settlement Date: 03-Feb-94
Class A-2 Certificates, Series 1994A LIBOR + 0.35% 6.22500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1994A LIBOR + 0.62% 6.49500%
Class M Certificates, Series 1994A LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994A LIBOR + 1.25% 7.12500%
LIBOR 5,87500% 7.85336% - Weight Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Disribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-1 Total Amount Allocable to Principal 27.151316
ii. Class A-1 Prepaid Principal 27.151316
iii. Class A-1 Net Liquidation Proceeds 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 2.812067
ii. Class A-1 Current Interest 2.812067
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.187500
ii. Class A-2 Current Interest 5.187500
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.412500
ii. Class A-3 Current Interest 5.412500
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
7 i. Class M Total Distribution Allocable to Principal 0.000000
ii. Class M Prepaid Principal 0.000000
iii. Class M Net Liquidation Proceeds 0.000000
iv. Class M Repurchase Proceeds 0.000000
v. Class M Unpaid Principal Shortfall 0.000000
8 i. Class M Total Distribution Allocable to Interest 5.729167
ii. Class M Current Interest 5.729167
iii. Class M Interest Shortfall 0.000000
iv. Class M Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
9 i. Class M Total Distribution Allocable to Principal 0.000000
ii. Class B-1 Prepaid Principal 0.000000
iii. Class B-1 Net Liquidation Proceeds 0.000000
iv. Class B-1 Repurchase Proceeds 0.000000
v. Class B-1 Unpaid Principal Shortfall 0.000000
10 i. Class B-1 Total Distribution Allocable to Interest 5.937500
ii. Class B-1 Current Interest 5.937500
iii. Class B-1 Interest Shortfall 0.000000
iv. Class B-1 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
11 Ending Group 1 Principal Balance 22,376,532.27
12 Ending Group 1 Factor 78.126099%
13 Ending Class A-1 Principal Balance 67,506,575.50
14 Ending Class A-2 Principal Balance 66,343,000.00
15 Ending Class A-3 Principal Balance 57,928,000.00
16 Ending Class M Principal Balance 22,059,000.00
17 Ending Class B-1 Principal Balance 8,539,956.77
---------------------------------------------------------------------------------------------------------------------------------
18 i. Current Master Servicer Advanced (Recovered) Interest (86,526,91)
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 401,298.65
vii. ALTERNATE RATE FOR NEXT DISTRIBUTION: 15-DEC-95 7.84851%
--------------------------------------------------------------------------------------------------------------------------------
19 i. Number of Mortgage Loans 30 to 59 Days Delinquent 8
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 days Delinquent 5,330,095.88
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 1
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 1,155,000.00
v. Number of Mortgage Loans 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 6,000,000.00
vii. Number of Mortgage Loans in Foreclosure 2
vii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,908,870.32
20 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
**************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
Merill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jan-94
<S> <C> <C> <C> <C>
Class A-4 Certificates, Series 1994A Alternate Rate 5.41171%
Class B-2 Certificates, Series 1994A Alternate Rate 6.41171% Original Settlement Date: 03-Feb-94
<CAPTION>
<S> <C> <C> <C> <C> <C>
Group 2 WAC 6.77671% Group 2 Wtd Avg Net Mtg Rate (Alternate Rate) 6.41171% Distribution Date: 15-Nov-95
Group 3 WAC 7.40273% Group 3 Wtd Avg Net Mtg Rate (Alternate Rate) 7.03773%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Principal Balance 29,882,042.39
2 Beginning Group 2 Factor 91.293072%
- -----------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-4 Principal Balance 29,145,572.95
4 Beginning Class B-2 Principal Balance 736,469.44
- -----------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 116,826.24
6 Aggregate of all Unscheduled Principal Received 21,258.51
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 3,562.28
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 134,522.47
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 175,092.33
17 Current Servicing Fee 6,225.43
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (6,340.71)
ii. Monthly Advance based on amounts due to Class A-4 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (6,340.71)
20 Total Interest Available For Distribution (16-17+19) (P&S 6.03 ) 162,526.19
21 Funds transferred from Group 1 or 3 0.00
22 Total Funds Available For Distribution (15i+20+21) 297,048.66
- -----------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 134,522.47
- -----------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-4 Total Distribution Allocable to Principal 134,522.47
ii. Class A-4 Scheduled Principal (P&S 6.02i ) 113,263.96
iii. Class A-4 Unscheduled Principal 21,258.51
iv. Class A-4 Net Liquidation Proceeds 0.00
v. Class A-4 Repurchase Proceeds 0.00
vi. Class A-4 Unpaid Principal Shortfall 0.00
25 i. Class A-4 Total Distribution Allocable to Interest (P&S 6.02ii ) 155,727.47
ii. Class A-4 Scheduled Interest 155,727.47
iii. Class A-4 Other Interest 0.00
iv Class A-4 Interest Shortfall 0.00
v. Class A-4 Unpaid Interest Shortfall 0.00
- -----------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 2) 2,797.98
ii. Monthly Insurance Premium (Loan Group 2) 2,797.98
iii. Reimbursement Amount (Loan Group 2) 0.00
-------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-2 Total Distribution Allocable to Principal 0.00
ii. Class B-2 Scheduled Principal 0.00
iii. Class B-2 Unscheduled Principal 0.00
iv. Class B-2 Net Liquidation Proceeds 0.00
v. Class B-2 Repurchase Proceeds 0.00
vi. Class B-2 Unpaid Principal Shortfall 0.00
28 i. Class B-2 Total Distribution Allocable to Interest 3,935.02
ii. Class B-2 Scheduled Interest 3,935.02
iii. Class B-2 Other Interest 0.00
iv. Class B-2 Interest Shortfall 0.00
v. Class B-2 Unpaid Interest Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 153,286.06
ii. Cumulative Master Servicer Advanced Principal 101,641.22
-------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 65.72
31 Distribution to Group. 1 or 3 for Shortfalls 0.00
32 Recovery of Servicer Advances (65.72)
33 Class R Distribution Amount For Such Distribution Date 0.00
-------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
34 Ending Group 2 Principal Balance 29,747,519.92
35 Ending Group 2 Factor 90.882091%
36 Ending Class A-4 Principal Balance 29,011,050.48
37 Ending Class B-2 Principal Balance 736,469.44
</TABLE>
==============================================================================
<PAGE>
*************************** SERVICING CERTIFICATE ************************
<TABLE>
Merrill Lynch Mortgage Investors, Inc.
<S> <C>
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jan-94
Class A-5 Certificates, Series 1994A Stated Rate 7.03500%
Class B-3 Certificates, Series 1994A Alternate Rate 6.41171% Original Settlement Date: 03-Feb-94
Group 2 WAC 6.77671% Group 2 Wtd Avg Net Rate (Alternate Rate) 6.41171% Distribution Date: 15-Nov-95
Group 3 WAC 7.40273% Group 3 Wtd Avg Net Rate (Alternate Rate) 7.03773%
</TABLE>
--------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 28,280,634.14
2 Beginning GRoup 3 Factor 96.126109%
------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 27,618,675.88
4 Beginning Class B-3 Principal Balance 661,958.28
------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 25,119.22
6 Aggregate of all Unscheduled Principal Received (Payoffs & Curtailments) 1,650.16
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 143.11
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13+14) 26,626.27
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 176,438.99
17 Current Servicing Fee 5,891.80
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) (1,977.41)
ii. Monthly Advance based on amounts due to Class A-5 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (1,977.41)
20 Total Interest Available For Distribution (16-17+19) 168,569.78
21 Funds transferred from Group 1 or 2 0.00
22 Total Funds Available For Distribution (15i+20+21) 195,196.05
- -------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 26,626,27
- -------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-5 Total Distribution Allocate to Principal (P&S 6.02i ) 26,626,27
ii. Class A-5 Scheduled Principal 24,976.11
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 1,650.16
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
vi. Class A-5 Unpaid Principal Shortfall 0.00
25 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 161,914.49
ii. Class A-5 Scheduled Interest 161,914.49
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
- -------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 3) 2,651.39
ii. Monthly Insurance Premium (Loan Group 3) 2,651.39
iii. Reimbursement Amount (Loan Group 3) 0.00
- -------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-3 Total Amount Allocable to Principal 0.00
ii. Class B-3 Scheduled Principal 0.00
iii. Class B-3 Unscheduled Principal 0.00
iv. Class B-3 Net Liquidation Proceeds 0.00
v. Class B-3 Repurchase Proceeds 0.00
vi. Class B-3 Unpaid Principal Shortfall 0.00
28 i. Class B-3 Total Amount Allocable to Interest 3,536.90
ii. Class B-3 Scheduled Interest 3,536.90
iii. Class B-3 Other Interest 0.00
iv. Class B-3 Interest Shortfall 0.00
v. Class B-3 Unpaid Interest Shortfall 0.00
- -------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 147,275.61
ii. Cumulative Master Servicer Advanced Principal 25,270.43
- -------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 467.00
31 Distribution to Group 1 or 2 for Shortfalls 0.00
32 Recovery of Servicer Advances (467.00)
33 Class R Distribution Amount For Such Distribution Date 0.00
- -------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
34 Ending Group 3 Principal Balance 28,254,007.87
35 Ending Group 3 Factor 96.035606%
36 Ending Group A-5 Principal Balance 27,592,049.61
37 Ending Group B-3 Principal Balance 661,958.26
</TABLE>
================================================================================
<PAGE>
********************** STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jan-94
LOAN GROUP 2
------------
<S> <C> <C>
Class A-4 Certificates, Series 1994A Original Settlement Date: 03-Feb-94
Class B-2 Certificates, Series 1994A Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-4 Total Distribution Allocable to Principal 4.204415
ii. Class A-4 Scheduled Principal 3.539994
iii. Class A-4 Unscheduled Principal 0.664421
iv. Class A-4 Net Liquidation Proceeds 0.000000
v. Class A-4 Repurchase Proceeds 0.000000
vi. Class A-4 Unpaid Principal Shortfall 0.000000
2 i. Class A-4 Total Distribution Allocable to Interest 4.867164
ii. Class A-4 Scheduled Interest 4.867164
iii. Class A-4 Other Interest 0.000000
iv. Class A-4 Interest Shortfall 0.000000
v. Class A-4 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-2 Total Distribution Allocable to Principal 0.000000
ii. Class B-2 Scheduled Principal 0.000000
iii. Class B-2 Unscheduled Principal 0.000000
iv. Class B-2 Net Liquidation Proceeds 0.000000
v. Class B-2 Repurchase Proceeds 0.000000
vi. Class B-2 Unpaid Principal Shortfall 0.000000
4 i. Class B-2 Total Distribution Allocable to Interest 5.343087
ii. Class B-2 Scheduled Interest 5.343087
iii. Class B-2 Other Interest 0.000000
iv. Class B-2 Interest Shortfall 0.000000
v. Class B-2 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
5 Ending Group 2 Principal Balance 29,747,519.92
6 Ending Group 2 Factor 90.882091%
7 Ending Class A-4 Principal Balance 29,011,050.48
8 Ending Class B-2 Principal Balance 736,469.44
- ------------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (6,406.43)
ii. Current Master Servicer Advanced (Recovered) Principal (3,562.26)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advanced Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 1,601.02
viii. Amount of Delinquent Interest of Mortgage Loans 2,385.58
ix. CLASS A-4 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.41163%
x. CLASS B-2 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.41163%
- ------------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 1
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 416,392.87
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
================================================================================
<PAGE>
******************** STATEMENT TO CERTIFICATEHOLDERS ********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Jan-94
LOAN GROUP 3
- ------------
<S> <C> <C>
Class A-5 Certificates, Series 1994A Original Settlement Date: 03-Feb-94
Class B-3 Certificates, Series 1994A Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-5 Total Distribution Allocable to Principal 0.925861
ii. Class A-5 Scheduled Principal 0.868481
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 0.057380
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
vi. Class A-5 Unpaid Principal Shortfall 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 5.630166
ii. Class A-5 Scheduled Interest 5.630166
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-3 Total Amount Allocable to Principal 0.000000
ii. Class B-3 Scheduled Principal 0.000000
iii. Class B-3 Unscheduled Principal 0.000000
iv. Class B-3 Net Liquidation Proceeds 0.000000
v. Class B-3 Repurchase Proceeds 0.000000
vi. Class B-3 Unpaid Principal Shortfall 0.000000
4 i. Class B-3 Total Amount Allocable to Interest 5.343086
ii. Class B-3 Scheduled Interest 5.343086
iii. Class B-3 Other Interest 0.000000
iv. Class B-3 Interest Shortfall 0.000000
v. Class B-3 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
5 Ending Group 3 Principal Balance 28,254,007.87
6 Ending Group 3 Factor 96.035606%
7 Ending Class A-5 Principal Balance 27,592,049.61
8 Ending Class B-3 Principal Balance 661,958.26
- ------------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (2,444.41)
ii. Current Master Servicer Advanced (Recovered) Principal (143.11)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 328.61
viii. Amount of Delinquent Interest of Mortgage Loans 2,502.57
ix. CLASS A-5 PASS-THROUGH RATE FOR NEXT DISTRIBUTION DATE: 15-DEC-95 7.03500%
x. CLASS B-3 PASS-THROUGH RATE FOR NEXT DISTRIBUTION DATE: 15-DEC-95 6.41163%
- ------------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 1
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 393,846.52
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
================================================================================
<PAGE>
*********************** SERVICING CERTIFICATE ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P & S Agreement Date: 01-Feb-94
Class A Certificates, Series 1994B Original Settlement Date: 25-Feb-94
Distribution Date: 27-Nov-95
<S> <C> <C>
Weighted Average Mortgage Rate - 7.989390%
===========
Weighted Average Pass-Through Rate - 7.114718%
===========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
1 Beginning Number of Loans 666
2 Beginning Pool Balance 162,034,660.67
3 Beginning Pool Balance Factor 79.549649%
----------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A Principal Balance 162,034,660.67
5 Beginning Class B Principal Balance 0.00
----------------------------------------------------------------------------------------------------------------------------------
6 Aggregate of all Principal Payments Received 131,013.05
7 Aggregate of all Principal Curtailments Received 79,472.21
8 Aggregate Number of Loan Payoffs 19
9 Aggregate of any Principal Prepayments Received 5,601,964.60
10 Aggregate of any Insurance Proceeds Received 0.00
11 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
12 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
13 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
14 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
15 Current Principal Advances 0.00
16 Current Servicer Principal Reimbursements 0.00
17 Total Principal Available For Distribution (6+7+9+10+11+12+13+14+15-16) 5,812,449.86
18 Aggregate of all Interest Payments Received 1,028,751.35
19 Current Servicing Fee 6,413.87
20 Current Interest Advances 0.00
21 Current Servicer Interest Reimbursements 0.00
22 Total Interest Available For Distribution (18-19+20-21) 1,022,337.46
23 Total Funds Available For Distribution (17+22) 6,834,787.34
----------------------------------------------------------------------------------------------------------------------------------
24 Formula Principal & Interest Distribution Amount 6,834,787.34
----------------------------------------------------------------------------------------------------------------------------------
25 i. Class A Total Amount Allocable to Principal 6,812,449.86
ii. Class A Scheduled Principal 131,013.05
iii. Class A Unscheduled Principal 5,681,436.81
iv. Class A Net Liquidation Proceeds 0.00
v. Class A Repurchase Proceeds 0.00
vi. Class A Realized Losses (Uncovered) 0.00
vii. Class A Realized Losses (Fraud) 0.00
viii. Class A Realized Losses (Bankruptcy) 0.00
ix. Class A Unpaid Principal Shortfall 0.00
26 i. Class A Total Amount Allocable to Interest 960,692.47
ii. Class A Scheduled Interest 960,692.47
iii. Class A Other Interest 0.00
iv. Class A Realized Losses (Uncovered) 0.00
v. Class A Realized Losses (Fraud) 0.00
vi. Class A Realized Losses (Bankruptcy) 0.00
vii. Class A Extraordinary Trust Fund Expenses 0.00
viii. Class A Relief Act Interest Shortfall 0.00
ix. Class A Carryover Interest Shortfall 0.00
x. Class A Unpaid Interest Shortfall 0.00
----------------------------------------------------------------------------------------------------------------------------------
27 Class B Total Amount Allocable to Principal 0.00
----------------------------------------------------------------------------------------------------------------------------------
28 Administrative Expense 61,645.01
----------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest 0.03
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
----------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest (18-19-26i-28) 0.00
31 Additional Servicing Compensation 0.00
32 Class B Distribution Amount For Such Distribution Date 0.00
33 Weighted Average Pass-Through Rate 7.11472%
----------------------------------------------------------------------------------------------------------------------------------
34 Ending Number of Loans 647
35 Ending Pool Balance 156,222,210.81
36 Weighted Average Remaining Term to Maturity 335
37 Ending Class A Principal Balance 156,222,210.81
38 Ending Certificate Factor Class A 76,696110%
----------------------------------------------------------------------------------------------------------------------------------
39 i. Number of Mortgage Loans 30 to 59 Days Delinquent 9
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 2,712,530.08
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 5
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 1,196,497.80
v. Number of Mortgage Loans 90 or More Days Delinquent 6
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,286,853.32
vii. Number of Mortgage Loans in Foreclosure 6
viii. Aggregate Principal Balances or Mortgage Loans in Foreclosure 1,623,007.58
40 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0
</TABLE>
===========================================================================
<PAGE>
************************ STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P & S Agreement Date: 01-Feb-94
Original Settlement Date: 25-Feb-94
<S> <C> <C> <C>
Class A Certificates, Series 1994B Distribution Date: 27-Nov-95
7.909390% - Weighted Average Mortgage Rate
7.114718% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i Class A Total Amount Allocable to Principal 28.53578
ii Class A Scheduled Principal 0.64320
iii Class A Unscheduled Principal 27.89258
iv Class A Net Liquidation Proceeds 0.00000
v Class A Repurchase Proceeds 0.00000
vi Class A Realized Losses (Uncovered) 0.00000
vii Class A Realized Losses (Fraud) 0.00000
viii Class A Realized Losses (Bankruptcy) 0.00000
ix Class A Unpaid Principal Shortfall 0.00000
2 i Class A Total Amount Allocable to Interest 4.71645
ii Class A Scheduled Interest 4.71645
iii Class A Other Interest 0.00000
iv Class A Realized Losses (Uncovered) 0.00000
v Class A Realized Losses (Fraud) 0.00000
vi Class A Realized Losses (Bankruptcy) 0.00000
vii Class A Extraordinary Trust Fund Expenses 0.00000
viii Class A Relief Act Interest Shortfall 0.00000
ix Class A Carryover Interest Shortfall 0.00000
x Class A Unpaid Interest Shortfall 0.00000
-------------------------------------------------------------------------------------------------------------------------------
3 Ending Number of Loans 647
4 Ending Pool Balance 156,222,210.81
5 Ending Class A Principal Balance 156,222,210.81
6 Ending Certificate Factor Class A 76.696110%
-------------------------------------------------------------------------------------------------------------------------------
7 i Current Master Servicer Advanced Interest 0.00
ii Current Master Servicer Advanced Principal 0.00
iii Current Advance Reserve Fund Advanced Interest 0.00
iv Current Advance Reserve Fund Advanced Principal 0.00
v Current Trustee Advanced Interest 0.00
vi Current Trustee Advanced Principal 0.00
vii Current Recovered Advanced Interest 0.00
viii Current Recovered Advanced Principal 0.00
ix Amount of Current Delinquent Principal and Interest 0.00
-------------------------------------------------------------------------------------------------------------------------------
8 i Number of Mortgage Loans 30 to 50 Days Delinquent 9
ii Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 2,712,530,00
iii Number of Mortgage Loans 80 to 89 Days Delinquent 5
iv Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 1,196,497.80
v Number of Mortgage Loans 90 or More Days Delinquent 6
vi Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 1,286,853.32
vii Number of Mortgage Loans in Foreclosure 6
viii Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,623,907.58
9 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
10 Principal Balance of Converted Loans 0.00
11 i Total Coverage of GE Mortgage Pool Insurance Policy (Beginning of Month) 3,847,172.00
ii Current Draws on Mortgage Pool Insurance Policy 0.00
iii Remaining Coverage of GE Mortgage Insurance Policy (End of Month) 3,847,172.00
iv Total Coverage of PMI Mortgage Pool Insurance Policy (Beginning of Month) 7,173,251.25
v Current Draws on Mortgage Pool Insurance Policy 0.00
vi Remaining Coverage of PMI Mortgage Insurance Policy (End of Month) 7,173,251.25
vii Total Coverage of UGI Mortgage Pool Insurance Policy (Beginning of Month) 3,250,285.85
viii Current Draws on Mortgage Pool Insurance Policy 0.00
ix Remaining Coverage of UGI Mortgage Insurance Policy (End of Month) 3,250,285.85
12 i Total Coverage of Aetna Special Hazard Insurance Policy (Beginning of Month) 3,833,792.00
ii Current Draws on Special Hazard Insurance Policy 0.00
iii Remaining Coverage of Aetna Special Hazard Insurance Policy (End of Month) 3,833,792.00
13 i Total Bankruptcy Reserve Fund (Beginning of Month) 100,000.00
ii Withdrawals for Deficient Valuations 0.00
iii Withdrawals for Debt Service Reduction 0.00
iv Remaining Balance Bankruptcy Reserve Fund (End of Month) 100,000.00
</TABLE>
=============================================================================
<PAGE>
*************************** SERVICING CERTIFICATE ***************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV
P & S Agreement Date: 01-Mar-94
SUB-POOL 1
----------
<S> <C> <C>
Class A1-1 Certificates, Series 1994C Original Settlement Date: 29-Mar-94
Class A1-2 Certificates, Series 1994C Distribution Date: 27-Nov-95
Class A1-3 Certificates, Series 1994C
Class M1 Certificates, Series 1994C
7.448481% - Weighted Average Mortgage Rate
===========
6.618479% - Weighted Average Pass-Through Rate
===========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
SUB POOL 1
----------
<C> <S> <C>
1 Beginning Number of Loans 808
2 Beginning Pool Balance 192,774,185.33
3 Beginning Pool Balance Factor 79.058554%
---------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A1-1 Principal Balance 35,476,884.25
5 Beginning Class A1-2 Principal Balance 36,332,000.00
6 Beginning Class A1-3 Principal Balance 96,387,397.98
7 Beginning Class M1 Principal Balance 24,577,903.10
---------------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received 172,320.87
9 Aggregate of all Principal Curtailments Received 517,246.55
10 Aggregate Number of Loan Payoffs 19
11 Aggregate of any Principal Payments Received 5,235,139.06
12 Aggregate of any Insurance Proceeds Received 0.00
13 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
14 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
15 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
16 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
17 Current Principal Advances 0.00
18 Current Servicer Principal Reimbursements 0.00
19 Total Principal Available For Distribution (8+9+11+12+13+14+15+16+17-18) 5,924,706.48
20 Aggregate of all Interest Payments Received 1,135,683.20
21 Current Servicing Fee 7,229.03
22 Current Interest Advances (20-21-28i-30i-32i-34i-35) 0.00
23 Current Servicer Interest Reimbursements 0.00
24 Total Interest Available For Distribution (20-21+22-23) 1,128,454.17
25 Total Funds Available For Distribution (19+24) 7,053,160.65
---------------------------------------------------------------------------------------------------------------------------------
26 Formula Principal & Interest Distribution Amount (27i+28i+29i+30i+31i+32i+33i+34i+35+37) 7,053,180.66
---------------------------------------------------------------------------------------------------------------------------------
27 i. Class A1-1 Total Amount Allocable to Principal 2,206,968.54
ii. Class A1-1 Scheduled Principal [(4+5)/2]*8 64,189.97
iii. Class A1-1 Unscheduled Principal [(4+5)/2]*(9+11) 2,142,778.57
iv. Class A1-1 Net Liquidation Proceeds 0.00
v. Class A1-1 Repurchase Proceeds 0.00
vi. Class A1-1 Realized Losses (Uncovered) 0.00
vii. Class A1-1 Realized Losses (Fraud) 0.00
viii. Class A1-1 Realized Losses (Bankruptcy) 0.00
ix. Class A1-1 Unpaid Principal Shortfall 0.00
28 i. Class A1-1 Total Amount Allocable to Interest 195,669.19
ii. Class A1-1 Scheduled Interest 195,669.19
iii. Class A1-1 Other Interest 0.00
iv. Class A1-1 Realized Losses (Uncovered) 0.00
v. Class A1-1 Realized Losses (Fraud) 0.00
vi. Class A1-1 Realized Losses (Bankruptcy) 0.00
vii. Class A1-1 Extraordinary Trust Fund Expenses 0.00
viii. Class A1-1 Relief Act Interest Shortfall 0.00
ix. Class A1-1 Carryover Interest Shortfall 0.00
x. Class A1-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
29 i. Class A1-2 Total Amount Allocable to Principal 0.00
ii. Class A1-2 Scheduled Principal 0.00
iii. Class A1-2 Unscheduled Principal 0.00
iv. Class A1-2 Net Liquidation Proceeds 0.00
v. Class A1-2 Repurchase Proceeds 0.00
vi. Class A1-2 Realized Losses (Uncovered) 0.00
vii. Class A1-2 Realized Losses (Fraud) 0.00
viii. Class A1-2 Realized Losses (Bankruptcy) 0.00
ix. Class A1-2 Unpaid Principal Shortfall 0.00
30 i. Class A1-2 Total Amount Allocable to Interest 200,385.49
ii. Class A1-2 Scheduled Interest 200,385.49
iii. Class A1-2 Other Interest 0.00
iv. Class A1-2 Realized Losses (Uncovered) 0.00
v. Class A1-2 Realized Losses (Fraud) 0.00
vi. Class A1-2 Realized Losses (Bankruptcy) 0.00
vii. Class A1-2 Extraordinary Trust Fund Expenses 0.00
viii. Class A1-2 Relief Act Interest Shortfall 0.00
ix. Class A1-2 Carryover Interest Shortfall 0.00
x. Class A1-2 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
31 i. Class A1-3 Total Amount Allocable to Principal 2,962,362.63
ii. Class A1-3 Scheduled Principal (6/2)*8 86,160.71
iii. Class A1-1 Unscheduled Principal (6/2) * (9+11) 2,876,201.92
iv. Class A1-3 Net Liquidation Proceeds 0.00
v. Class A1-3 Repurchase Proceeds 0.00
vi. Class A1-3 Realized Losses (Uncovered) 0.00
vii. Class A1-3 Realized Losses (Fraud) 0.00
viii. Class A1-3 Realized Losses (Bankruptcy) 0.00
ix. Class A1-3 Unpaid Principal Shortfall 0.00
32 i. Class A1-3 Total Amount Allocable to Interest 531,615.00
ii. Class A1-3 Scheduled Interest 531,615.00
iii. Class A1-3 Other Interest 0.00
iv. Class A1-3 Realized Losses (Uncovered) 0.00
v. Class A1-3 Realized Losses (Fraud) 0.00
vi. Class A1-3 Realized Losses (Bankruptcy) 0.00
vii. Class A1-3 Extraordinary Trust Fund Expenses 0.00
viii. Class A1-3 Relief Act Interest Shortfall 0.00
ix. Class A1-3 Carryover Interest Shortfall 0.00
x. Class A1-3 Unpaid Interest Shortfall 0.00
</TABLE>
- --------------------------------------------------------------------------------
<PAGE>
************************ SERVICING CERTIFICATE ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P & S Agreement Date: 01-Mar-94
SUB-POOL 1
----------
<S> <C> <C>
Class A1-1 Certificates, Series 1994C Original Settlement Date: 29-Mar-94
Class A1-2 Certificates, Series 1994C Distribution Date: 27-Nov-95
Class A1-3 Certificates, Series 1994C
Class M1 Certificates, Series 1994C 7.446481% - Weighted Average Mortgage Rate
===========
6.618479% - Weighted Average Pass-Through Rate
===========
</TABLE>
--------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
33 i. Class M1 Total Amount Allocable to Principal 755,375.32
ii. Class M1 Scheduled Principal (7/2)x8 21,970.16
iii. Class M1 Unscheduled Principal (7/2)x(9+11) 733,405.13
iv. Class M1 Net Liquidation Proceeds 0.00
v. Class M1 Repurchase Proceeds 0.00
vi. Class M1 Realized Losses (Uncovered) 0.00
vii. Class M1 Realized Losses (Fraud) 0.00
viii. Class M1 Realized Losses (Bankruptcy) 0.00
ix. Class M1 Unpaid Principal Shortfall 0.00
34 i. Class M1 Total Amount Allocable to Interest 135,556.95
ii. Class M1 Scheduled Interest 135,556.95
iii. Class M1 Other Interest 0.00
iv. Class M1 Realized Losses (Uncovered) 0.00
v. Class M1 Realized Losses (Fraud) 0.00
vi. Class M1 Realized Losses (Bankruptcy) 0.00
vii. Class M1 Extraordinary Trust Fund Expenses 0.00
viii. Class M1 Relief Act Interest Shortfall 0.00
ix. Class M1 Carryover Interest Shortfall 0.00
x. Class M1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
35 Administrative Expense 65,227.54
---------------------------------------------------------------------------------------------------------------------------------
36 i. Cumulative Master Servicer Advanced Interest 8,091.27
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
---------------------------------------------------------------------------------------------------------------------------------
37 Available Excess Interest (24-28i-30i-32i-34i-35) 0.00
38 Additional Servicing Compensation 0.00
39 Class R Distribution Amount For Such Distribution Date 0.00
40 Weighted Average Pass-Through Rate 6.618479%
---------------------------------------------------------------------------------------------------------------------------------
SUB-POOL 1
----------
41 Ending Number of Loans 789
42 Ending Pool Balance 186,849,478.85
43 Weighted Average Remaining Term to Maturity 338
44 Ending Class A1-1 Principal Balance 33,269,915.71
45 Ending Certificate Factor Class A1-1 61.047957%
46 Ending Class A1-2 Principal Balance 36,332,000.00
47 Ending Certificate Factor Class A1-2 100.000000%
48 Ending Class A1-3 Principal Balance 93,425,035.35
49 Ending Certificate Factor Class A1-3 76.628774%
50 Ending Class M1 Principal Balance 23,822,527.78
51 Ending Certificate Factor Class M1 76.628774%
---------------------------------------------------------------------------------------------------------------------------------
52 i. Number of Mortgage Loans 30 to 59 Days Delinquent 12
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 2,397,342.21
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 420,124.89
v. Number of Mortgage Loans 90 or More Days Delinquent 3
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 471,544.40
vii. Number of Mortgage Loans in Foreclosure 4
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 608,851.79
53 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
*********************** STATEMENT TO CERTIFICATEHOLDERS ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P & S Agreement Date: 01-Mar-94
SUB-POOL 1
----------
<S> <C> <C>
Class A1-1 Certificates, Series 1994C Original Settlement Date 29-Mar-94
Class A1-2 Certificates, Series 1994C Distribution Date: 27-Nov-95
Class A1-3 Certificates, Series 1994C
Class M1 Certificates, Series 1994C 7.446481% - Weighted Average Mortgage Rate
6.618479% - Weighted Average Pass-Through Rate
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A-1 Certificates (per Certificates with a $1,000 denomination)
<C> <S> <C>
1 i. Class A1-1 Total Amount Allocable to Principal 62.20863
ii. Class A1-1 Scheduled Principal [(4+5)/2] x 8 1.80935
iii. Class A1-1 Unscheduled Principal [(4+5)/2] x (9+11) 60.39929
iv. Class A1-1 Net Liquidation Proceeds 0.00000
v. Class A1-1 Repurchase Proceeds 0.00000
vi. Class A1-1 Realized Losses (Uncovered) 0.00000
vii. Class A1-1 Realized Losses (Fraud) 0.00000
viii. Class A1-1 Realized Losses (Bankruptcy) 0.00000
ix. Class A1-1 Unpaid Principal Shortfall 0.00000
2 i. Class A1-1 Total Amount Allocable to Interest 5.51540
ii. Class A1-1 Scheduled Interest 5.51540
iii. Class A1-1 Other Interest 0.00000
iv. Class A1-1 Realized Losses (Uncovered) 0.00000
v. Class A1-1 Realized Losses (Fraud) 0.00000
vi. Class A1-1 Realized Losses (Bankruptcy) 0.00000
vii. Class A1-1 Extraordinary Trust Fund Expenses 0.00000
viii. Class A1-1 Relief Act Interest Shortfall 0.00000
ix. Class A1-1 Carryover Interest Shortfall 0.00000
x. Class A1-1 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A1-2 Total Amount Allocable to Principal 0.00000
ii. Class A1-2 Scheduled Principal 0.00000
iii. Class A1-2 Unscheduled Principal 0.00000
iv. Class A1-2 Net Liquidation Proceeds 0.00000
v. Class A1-2 Repurchase Proceeds 0.00000
vi. Class A1-2 Realized Losses (Uncovered) 0.00000
vii. Class A1-2 Realized Losses (Fraud) 0.00000
viii. Class A1-2 Realized Losses (Bankruptcy) 0.00000
ix. Class A1-2 Unpaid Principal Shortfall 0.00000
4 i. Class A1-2 Total Amount Allocable to Interest 5.51540
ii. Class A1-2 Scheduled Interest 5.51540
iii. Class A1-2 Other Interest 0.00000
iv. Class A1-2 Realized Losses (Uncovered) 0.00000
v. Class A1-2 Realized Losses (Fraud) 0.00000
vi. Class A1-2 Realized Losses (Bankruptcy) 0.00000
vii. Class A1-2 Extraordinary Trust Fund Expenses 0.00000
viii. Class A1-2 Relief Act Interest Shortfall 0.00000
ix. Class A1-2 Carryover Interest Shortfall 0.00000
x. Class A1-2 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
5 i. Class A1-3 Total Amount Allocable to Principal 30.73392
ii. Class A1-3 Scheduled Principal (6/2) x 8 0.89390
iii. Class A1-3 Unscheduled Principal (6/2) x (9+11) 29.84002
iv. Class A1-3 Net Liquidation Proceeds 0.00000
v. Class A1-3 Repurchase Proceeds 0.00000
vi. Class A1-3 Realized Losses (Uncovered) 0.00000
vii. Class A1-3 Realized Losses (Fraud) 0.00000
viii. Class A1-3 Realized Losses (Bankruptcy) 0.00000
ix. Class A1-3 Unpaid Principal Shortfall 0.00000
6 i. Class A1-3 Total Amount Allocable to Interest 5.51540
ii. Class A1-3 Scheduled Interest 5.51540
iii. Class A1-3 Other Interest 0.00000
iv. Class A1-3 Realized Losses (Uncovered) 0.00000
v. Class A1-3 Realized Losses (Fraud) 0.00000
vi. Class A1-3 Realized Losses (Bankruptcy) 0.00000
vii. Class A1-3 Extraordinary Trust Fund Expenses 0.00000
viii. Class A1-3 Relief Act Interest Shortfall 0.00000
ix. Class A1-3 Carryover Interest Shortfall 0.00000
x. Class A1-3 Unpaid Interest Shortfall 0.00000
- -----------------------------------------------------------------------------------------------------------------------------------
7 i. Class M1 Total Amount Allocable to Principal 30.73392
ii. Class M1 Scheduled Principal (7/2) x 8 0.89390
iii. Class M1 Unscheduled Principal (7/2) x (9+11) 29.84002
iv. Class M1 Net Liquidation Proceeds 0.00000
v. Class M1 Repurchase Proceeds 0.00000
vi. Class M1 Realized Losses (Uncovered) 0.00000
vii. Class M1 Realized Losses (Fraud) 0.00000
viii. Class M1 Realized Losses (Bankruptcy) 0.00000
ix. Class M1 Unpaid Principal Shortfall 0.00000
- -----------------------------------------------------------------------------------------------------------------------------------
8 i. Class M1 Total Amount Allocable to Interest 5.51540
ii. Class M1 Scheduled Interest 5.51540
iii. Class M1 Other Interest 0.00000
iv. Class M1 Realized Losses (Uncovered) 0.00000
v. Class M1 Realized Losses (Fraud) 0.00000
vi. Class M1 Realized Losses (Bankruptcy) 0.00000
vii. Class M1 Extraordinary Trust Fund Expenses 0.00000
viii. Class M1 Relief Act Interest Shortfall 0.00000
ix. Class M1 Carryover Interest Shortfall 0.00000
x. Class M1 Unpaid Interest Shortfall 0.00000
</TABLE>
================================================================================
<PAGE>
**************************** SERVICING CERTIFICATE ***************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period 01-OCT-95 to 02-NOV-
Adjustable Rate Mortgage Pass-Through Certificates P & S Agreement Date: 01-Mar-94
SUB-POOL 1
----------
<S> <C> <C> <C>
Class A1-1 Certificates, Series 1994C Original Settlement Date: 29-Mar-94
Class A1-2 Certificates, Series 1994C Distribution Date: 27-Nov-95
Class A1-3 Certificates, Series 1994C
Class M1 Certificates, Series 1994C
7.446481% - Weighted Average Mortgage Rate
6.618479% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
SUB POOL 1
----------
<S> <C> <C>
9 Ending Number of Loans 789
10 Ending Pool Balance 186,849,478.85
11 Ending Class A1-1 Principal Balance 33,269,915.71
12 Ending Certificate Factor Class A1-1 61.047957%
13 Ending Class A1-2 Principal Balance 36,332,000.00
14 Ending Certificate Factor Class A1-2 100.000000%
15 Ending Class A1-3 Principal Balance 93,425,035.35
16 Ending Certificate Factor Class A1-3 76.628774%
17 Ending Class M1 Principal Balance 23,822,527.78
18 Ending Certificate Factor Class M1 76.62877%
--------------------------------------------------------------------------------------------------------------------------------
19 i. Current Master Servicer Advanced Interest 0.00
ii. Current Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
--------------------------------------------------------------------------------------------------------------------------------
20 i. Number of Mortgage Loan 30 to 59 Days Delinquent 12
ii. Aggregate principal Balances of Mortgage Loans 30 to 59 Days Delinquent 2,397,342.21
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate principal Balances of Mortgage Loans 60 to 89 Days Delinquent 420,124.89
v. Number of Mortgage Loans 90 or More Days Delinquent 3
vi. Aggregate principal Balances of Mortgage Loans 90 or More Days Delinquent 471,544.40
vii. Number of Mortgage Loans in Foreclosure 4
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 608,851.79
21 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
54 Prepayment Priority Date No
55 Credit Support Depletion Date No
56 Principal Balance of Converted Loans 0.00
57 i. Total Coverage of GE Mortgage Pool Insurance Policy (Beginning of Month) 12,230,410.00
ii. Current Draws on Mortgage Pool Insurance Policy 0.00
iii. Remaining Coverage of GE Mortgage Pool Insurance Policy (End of Month) 12,230,410.00
vii. Total Coverage of UGI Mortgage Pool Insurance Policy (Beginning of Month) 6,968,436.07
viii. Current Draws on Mortgage Pool Insurance Policy 0.00
ix. Remaining Coverage of UGI Mortgage Pool Insurance Policy (End of Month) 6,968,438.07
58 i. Total Coverage of Aetna Special Hazard Insurance Policy (Beginning of Month) 3,073,603.00
ii. Current Draws on Special Hazard Insurance Policy 0.00
iii. Remaining Coverage of Special Hazard Insurance Policy (End of Month) 3,073,603.00
59 i. Total Bankruptcy Reserve Fund (Beginning of Month) 103,506.00
ii. Withdrawals for Deficient Valuation 0.00
iii. Withdrawals for Debt Service Reduction 0.00
iv. Remaining Balance Bankruptcy Reserve Fund (End of Month) 103,506.00
</TABLE>
============================================================================
<PAGE>
**************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV
P & S Agreement Date: 01-Mar-94
SUB-POOL 2
----------
<S> <C> <C> <C>
Class A2 Certificates, Series 1994C Original Settlement Date: 29-Mar-94
Distribution Date: 27-Nov-95
7.946321% - Weighted Average Mortgage Rate
===========
7.117331% - Weighted Average Pass-Through Rate
===========
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
<C> <S> <C>
1 Beginning Number of Loans 63
2 Beginning Pool Balance 18,813,686.99
3 Beginning Pool Balance Factor 68.992047%
-------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A2 Principal Balance 18,813,686.99
5 Beginning Class R Principal Balance 0.00
-------------------------------------------------------------------------------------------------------------------------------
6 Aggregate of all Principal Payments Received 15,616.79
7 Aggregate of all Principal Curtailments Received 46,904.79
8 Aggregate Number of Loan Payoffs 1
9 Aggregate of any Principal Prepayments Received 227,903.25
10 Aggregate of any Insurance Proceeds Received 0.00
11 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
12 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
13 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
14 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
15 Current Principal Advances 0.00
16 Current Servicer Principal Reimbursements 0.00
17 Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 290,424.83
18 Aggregate of all Interest Payments Received 118,703.71
19 Current Servicing Fee 705.51
20 Current Interest Advances (18-19-26i-28) 0.00
21 Current Servicer Interest Reimbursements 0.00
22 Total Interest Available For Distribution (19-20+21-22) 117,998.20
23 Total Funds Available For Distribution (17+22) 408,423.03
-------------------------------------------------------------------------------------------------------------------------------
24 Formula Principal & Interest Distribution Amount 408,423.03
-------------------------------------------------------------------------------------------------------------------------------
25 i. Class A2 Total Amount Allocable to Principal 290,424.83
ii. Class A2 Scheduled Principal 15,616.79
iii. Class A2 Unscheduled Principal 274,808.04
iv. Class A2 Net Liquidation Proceeds 0.00
v. Class A2 Repurchase Proceeds 0.00
vi. Class A2 Realized Losses (Uncovered) 0.00
vii. Class A2 Realized Losses (Fraud) 0.00
viii. Class A2 Realized Losses (Bankruptcy) 0.00
ix. Class A2 Unpaid Principal Shortfall 0.00
26 i. Class A2 Total Amount Allocable to Interest 111,586.03
ii. Class A2 Scheduled Interest 111,586.03
iii. Class A2 Other Interest 0.00
iv. Class A2 Realized Losses (Uncovered) 0.00
v. Class A2 Realized Losses (Fraud) 0.00
vi. Class A2 Realized Losses (Bankruptcy) 0.00
vii. Class A2 Extraordinary Trust Fund Expenses 0.00
viii. Class A2 Relief Act Interest Shortfall 0.00
ix. Class A2 Carryover Interest Shortfall 0.00
x. Class A2 Unpaid Interest Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
27 Class R Total Amount Allocable to Principal 0.00
-------------------------------------------------------------------------------------------------------------------------------
28 Administrative Expense 6,412.17
-------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest 0.01
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
xi. Amount of Current Delinquent Principal and Interest 0.00
-------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest (18-19-26i-27-28) 0.00
31 Additional Servicing Compensation 0.00
32 Class R Distribution Amount For Such Distribution Date 0.00
33 Weighted Average Pass-Through Rate 7.11733%
-------------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
34 Ending Number of Loans 62
35 Ending Pool Balance 18,523,262.16
36 Weighted Average Remaining Term to Maturity 336
37 Ending Class A2 Principal Balance 18,523,262.16
38 Ending Certificate Factor Class A2 98.456311%
-------------------------------------------------------------------------------------------------------------------------------
39 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
40 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
============================================================================
<PAGE>
************************** STATEMENT TO CERTIFICATEHOLDERS ********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV-
P & S Agreement Date: 01-Mar-94
SUB POOL 2
----------
<S> <C> <C>
Original Settlement Date 29-Mar-94
Distribution Date: 27-Nov-95
Class A2 Certificates, Series 1994C
7.946321% - Weighted Average Mortgage Rate
7.117331% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class A-1 Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A2 Total Amount Allocable to Principal 15.43689
ii. Class A2 Scheduled Principal 0.83008
iii. Class A2 Unscheduled Principal 14.60681
iv Class A2 Net Liquidation Proceeds 0.00000
v Class A2 Repurchase Proceeds 0.00000
vi. Class A2 Realized Losses (Uncovered) 0.00000
vii. Class A2 Realized Losses (Fraud) 0.00000
vii. Class A2 Realized Losses (Bankruptcy) 0.00000
ix Class A2 Unpaid Principal Shortfall 0.00000
2 i. Class A2 Total Amount Allocable to Interest 5.93111
ii. Class A2 Scheduled Interest 5.93111
iii. Class A2 Other Interest 0.00000
iv Class A2 Realized Losses (Uncovered0 0.00000
v Class A2 Realized Losses (Fraud) 0.00000
vi. Class A2 Realized Losses (Bankruptcy) 0.00000
vii. Class A2 Extraordinary Trust Fund Expense 0.00000
vii. Class A2 Relief Act Interest Shortfall 0.00000
ix Class A2 Carryover Interest Shortfall 0.00000
x Class A2 Unpaid Interest Shortfall 0.00000
- -------------------------------------------------------------------------------------------------------------------------
SUB POOL 2
----------
3 Ending Number of Loans 62
4 Ending Pool Balance 18,523,262.16
5 Ending Class A2 Principal Balance 18,523,262.18
6 Ending Certificate Factor Class A2 98.456311%
- -------------------------------------------------------------------------------------------------------------------------
7 i. Current Master Servicer Advanced Interest 0.00
ii. Current Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv Current Advance Reserve Fund Advanced Principal 0.00
v Current Trustee Advance Interest 0.00
vi. Current Trustee Advance Principal 0.00
vii. Current Recovered Advanced Interest 0.00
vii. Current Recovered Advanced Principal 0.00
ix Amount of Current Delinquent Principal and Interest 0.00
- -------------------------------------------------------------------------------------------------------------------------
8 i. Number of Mortgage Loans 30 to 59 Days Delinquent 0
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 0.00
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
vii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
9 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
==============================================================================
<PAGE>
*********************** STATEMENT TO CERTIFICATEHOLDERS ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 02-NOV
P & S Agreement Date: 01-Mar-94
Original Settlement Date: 29-Mar-94
<S> <C> <C> <C>
Class A Certificates, Series 1994D
Class B-1 Certificates, Series 1994D Distribution Date: 27-Nov-95
Class B-2 Certificates, Series 1994D
Class B-3 Certificates, Series 1994D
Class B-4 Certificates, Series 1994D
Class B-5 Certificates, Series 1994D 6.613718% - Weighted Average Mortgage Rate
===========
6.187208% - Weighted Average Pass-Through Rate
===========
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
1 Beginning Number of Loans 665
2 Beginning Pool Balance 187,318,372.90
3 Beginning Pool Balance Factor 76.189437%
---------------------------------------------------------------------------------------------------------------------------------
4 Beginning Class A Principal Balance 173,497,733.80
5 Beginning Class B-1 Principal Balance 4,206,769.63
6 Beginning Class B-2 Principal Balance 2,403,172.74
7 Beginning Class B-3 Principal Balance 3,605,233.32
8 Beginning Class B-4 Principal Balance 1,802,616.66
9 Beginning Class B-5 Principal Balance 1,802,846.77
10 Beginning Class B Principal Balance 0.00
---------------------------------------------------------------------------------------------------------------------------------
11 Aggregate of all Schedule Principal Payments Received 197,693.36
12 Aggregate of all Principal Curtailments Received 94,393.67
13 Aggregate Number of Loan Payoffs 15
14 Aggregate of any Principal Prepayments Received 4,316,355.06
15 Aggregate of any Insurance Proceeds Received 0.00
16 Aggregate of any Awards or Settlements From Condemnation Proceedings 0.00
17 Aggregate of any Proceeds From Repurchased Mortgage Loans 0.00
18 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy 0.00
19 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances 0.00
20 Current Principal Advances 0.00
21 Current Servicer Principal Reimbursements 0.00
22 Total Principal Available For Distribution (11+12+14+15+16+17-18+19+20-21) 4,608,442.09
23 Aggregate of all Interest Payments Received 973,229.42
24 Current Servicing Fee 7,414.69
25 Current Interest Advances 23-24-31i-33i-35i-37i-39i-41) 0.00
26 Current Servicer Interest Reimbursements 0.00
27 Total Interest Available For Distribution (23-24+25-26) 965,814.73
28 Total Funds Available For Distribution (22+27) 5,674,256.82
---------------------------------------------------------------------------------------------------------------------------------
29 Formula Principal & Interest Distribution Amount 5,574,256.83
---------------------------------------------------------------------------------------------------------------------------------
30 i Class A Senior Optimal Principal Distribution Amount 4,593,855.97
ii Class A Scheduled Principal 183,107.24
iii Class A Unscheduled Principal 4,410,748.73
iv Class A Net Liquidation Proceeds 0.00
vi Class A Realized Losses 0.00
vii Class A Unpaid Principal Shortfall 0.00
31 i Class A Total Amount Allocable to Interest 894,555.43
ii Class A Scheduled Interest 894,555.43
iii Class A Realized Losses 0.00
iv Class A Carryover Interest Shortfall 0.00
v Class A Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
32 i Class B-1 Optimal Principal Distribution Amount 4,439.77
ii Class B-1 Scheduled Principal 4,439.77
iii Class B-1 Unscheduled Principal 0.00
iv Class B-1 Net Liquidation Proceeds 0.00
v Class B-1 Realized Losses 0.00
vii Class B-1 Unpaid Principal Shortfall 0.00
33 i Class B-1 Total Amount Allocable to Interest 21,690.13
ii Class B-1 Scheduled Interest 21,690.13
iii Class B-1 Realized Losses 0.00
iv Class B-1 Carryover Interest Shortfall 0.00
v Class B-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
34 i Class B-2 Optimal Principal Distribution Amount 2,536.28
ii Class B-2 Scheduled Principal 2,536.28
iii Class B-2 Unscheduled Principal 0.00
iv Class B-1 Net Liquidation Proceeds 0.00
vi Class B-2 Realized Losses 0.00
vii Class B-2 Unpaid Principal Shortfall 0.00
35 i Class B-2 Total Amount Allocable to Interest 12,390.77
ii Class B-2 Scheduled Interest 12,390.77
iii Class B-2 Realized Losses 0.00
iv Class B-2 Carryover Interest Shortfall 0.00
v Class B-2 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
36 i Class B-3 Optimal Principal Distribution Amount 3,804.92
ii Class B-3 Scheduled Principal 3,804.92
iii Class B-3 Unscheduled Principal 0.00
iv Class B-3 Net Liquidation Proceeds 0.00
vi Class B-3 Realized Losses 0.00
vii Class B-3 Unpaid Principal Shortfall 0.00
37 i Class B-3 Total Amount Allocable to Interest 18,588.61
ii Class B-3 Scheduled Interest 18,588.61
iii Class B-3 Realized Losses 0.00
iv Class B-3 Carryover Interest Shortfall 0.00
v Class B-3 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
38 i Class B-4 Optimal Principal Distribution Amount 1,902.46
ii Class B-4 Scheduled Principal 1,902.46
iii Class B-4 Unscheduled Principal 0.00
iv Class B-4 Net Liquidation Proceeds 0.00
vi Class B-4 Realized Losses 0.00
vii Class B-4 Unpaid Principal Shortfall 0.00
39 i Class B-4 Total Amount Allocable to Interest 9,294.30
ii Class B-4 Scheduled Interest 9,294.30
iii Class B-4 Realized Losses 0.00
iv Class B-4 Carryover Interest Shortfall 0.00
v Class B-4 Unpaid Interest Shortfall 0.00
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
*********************** SERVICING CERTIFICATE ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Adjustable Rate Mortgage Pass-Through Certificates
Current Due Period: 01-OCT-95 to 02-NOV-
<S> <C> <C>
Class A Certificates, Series 1994D P & S Agreement Date: 01-Mar-94
Class B-1 Certificates, Series 1994D Original Settlement Date: 29-Mar-94
Class B-2 Certificates, Series 1994D
Class B-3 Certificates, Series 1994D Distribution Date: 27-Nov-95
Class B-4 Certificates, Series 1994D
Class B-5 Certificates, Series 1994D 6.613718% - Weighted Average Mortgage Rate
===========
6.187208% - Weighted Average Pass-Through Rate
===========
</TABLE>
------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<C> <S> <C>
40 i. Class B-5 Optimal Principal Distribution Amount 1,902.70
ii. Class B-5 Scheduled Principal 1,902.70
iii. Class B-5 Unscheduled Principal 0.00
iv. Class B-5 Net Liquidation Proceeds 0.00
vi. Class B-5 Realized Losses 0.00
vii. Class B-5 Unpaid Principal Shortfall 0.00
41 i. Class B-5 Total Amount Allocable to Interest 9,295.49
ii. Class B-5 Scheduled Interest 9,295.49
iii. Class B-5 Realized Losses 0.00
iv. Class B-5 Carryover Interest Shortfall 0.00
v. Class B-5 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
42 Class R Total Amount Allocable to Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
43 i. Cumulative Master Servicer Advanced Interest 5.38
ii. Cumulative Master Servicer Advanced Principal 0.00
iii. Current Advance Reserve Fund Advanced Interest 0.00
iv. Current Advance Reserve Fund Advanced Principal 0.00
v. Current Trustee Advanced Interest 0.00
vi. Current Trustee Advanced Principal 0.00
vii. Current Recovered Advanced Interest 0.00
viii. Current Recovered Advanced Principal 0.00
ix. Amount of Current Delinquent Principal and Interest 0.00
--------------------------------------------------------------------------------------------------------------------------------
44 Available Excess Interest 0.00
45 Additional Servicing Compensation 0.00
46 Class R Distribution Amount For Such Distribution Date 0.00
47 Weighted Average Pass-Through Rate 6.18721%
--------------------------------------------------------------------------------------------------------------------------------
48 Ending Number of Loans 650
49 Ending Pool Balance 182,709,930.81
50 Weighted Average Remaining Term to Maturity 338
51 Ending Class A Principal Balance 168,903,877.83
52 Ending Certificate Factor Class A 72.890836%
53 Ending Class B-1 Principal Balance 4,202,329.86
54 Ending Certificate Factor Class B-1 97.659626%
55 Ending Class B-2 Principal Balance 2,400,636.46
56 Ending Certificate Factor Class B-2 97.859735%
57 Ending Class B-3 Principal Balance 3,601,428.40
58 Ending Certificate Factor Class B-3 97.659340%
59 Ending Class B-4 Principal Balance 1,800,714.20
60 Ending Certificate Factor Class B-4 97.659340%
61 Ending Class B-5 Principal Balance 1,800,714.20
62 Ending Certificate Factor Class B-5 97.659373%
--------------------------------------------------------------------------------------------------------------------------------
63 i. Number of Mortgage Loans 30 to 59 Days Delinquent 8
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,797,605.60
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 397,455.97
v. Number of Mortgage Loans 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 490,062.79
vii. Number of Mortgage Loans in Foreclosure 5
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,147,083.98
64 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
*********************** STATEMENT TO CERTIFICATEHOLDERS ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
<S> <C> <C>
Current Due Period: 01-OCT-95 to 02-NOV-
Class A Certificates, Series 1994D P & S Agreement Date: 01-Feb-94
Class B-1 Certificates, Series 1994D Original Settlement Date: 25-Feb-94
Class B-2 Certificates, Series 1994D Distribution Date: 27-Nov-95
Class B-3 Certificates, Series 1994D
Class B-4 Certificates, Series 1994D 6.613718% - Weighted Average Mortgage Rate
Class B-5 Certificates, Series 1994D 6.187208% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
Distribution to Holders of Class A Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A Senior Optimal Principal Distribution Amount 19.82489
ii. Class A Scheduled Principal 0.79020
iii. Class A Unscheduled Principal 19.03458
iv. Class A Net Liquidation Proceeds 0.00000
v. Class A Realized Losses 0.00000
vi. Class A Unpaid Principal Shortfall 0.00000
2 i. Class A Total Amount Allocable to Interest 3.86047
ii. Class A Scheduled Interest 3.86047
iii. Class A Realized Losses 0.00000
iv. Class A Carryover Interest Shortfall 0.00000
v. Class A Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-1 Optimal Principal Distribution Amount 1.03178
ii. Class B-1 Scheduled Principal 1.03178
iii. Class B-1 Unscheduled Principal 0.00000
iv. Class B-1 Net Liquidation Proceeds 0.00000
v. Class B-1 Realized Losses 0.00000
vi. Class B-1 Unpaid Principal Shortfall 0.00000
4 i. Class B-1 Total Amount Allocable to Interest 5.04066
ii. Class B-1 Scheduled Interest 5.04066
iii. Class B-1 Realized Losses 0.00000
iv. Class B-1 Carryover Interest Shortfall 0.00000
v. Class B-1 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
5 i. Class B-2 Optimal Principal Distribution Amount 1.03178
ii. Class B-2 Scheduled Principal 1.03178
iii. Class B-2 Unscheduled Principal 0.00000
iv. Class B-2 Net Liquidation Proceeds 0.00000
v. Class B-2 Realized Losses 0.00000
vi. Class B-2 Unpaid Principal Shortfall 0.00000
6 i. Class B-2 Total Amount Allocable to Interest 5.04066
ii. Class B-2 Scheduled Interest 5.04066
iii. Class B-2 Realized Losses 0.00000
iv. Class B-2 Carryover Interest Shortfall 0.00000
v. Class B-2 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
7 i. Class B-3 Optimal Principal Distribution Amount 1.03177
ii. Class B-3 Scheduled Principal 1.03077
iii. Class B-3 Unscheduled Principal 0.00000
iv. Class B-3 Net Liquidation Proceeds 0.00000
v. Class B-3 Realized Losses 0.00000
vi. Class B-3 Unpaid Principal Shortfall 0.00000
8 i. Class B-3 Total Amount Allocable to Interest 5.04064
ii. Class B-3 Scheduled Interest 5.04064
iii. Class B-3 Realized Losses 0.00000
iv. Class B-3 Carryover Interest Shortfall 0.00000
v. Class B-3 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
9 i. Class B-4 Optimal Principal Distribution Amount 1.03177
ii. Class B-4 Scheduled Principal 1.03177
iii. Class B-4 Unscheduled Principal 0.00000
iv. Class B-4 Net Liquidation Proceeds 0.00000
v. Class B-4 Realized Losses 0.00000
vi. Class B-4 Unpaid Principal Shortfall 0.00000
10 i. Class B-4 Total Amount Allocable to Interest 5.04064
ii. Class B-4 Scheduled Interest 5.04064
iii. Class B-4 Realized Losses 0.00000
iv. Class B-4 Carryover Interest Shortfall 0.00000
v. Class B-4 Unpaid Interest Shortfall 0.00000
---------------------------------------------------------------------------------------------------------------------------------
11 i. Class B-5 Optimal Principal Distribution Amount 1.03177
ii. Class B-5 Scheduled Principal 1.03177
iii. Class B-5 Unscheduled Principal 0.00000
iv. Class B-5 Net Liquidation Proceeds 0.00000
v. Class B-5 Realized Losses 0.00000
vi. Class B-5 Unpaid Principal Shortfall 0.00000
12 i. Class B-5 Total Amount Allocable to Interest 5.04064
ii. Class B-5 Scheduled Interest 5.04064
iii. Class B-5 Realized Losses 0.00000
iv. Class B-5 Carryover Interest Shortfall 0.00000
v. Class B-5 Unpaid Interest Shortfall 0.00000
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
********************* STATEMENT TO CERTIFICATEHOLDERES ************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
<S> <C> <C>
Current Due Period: 01-OCT-95 to 02-NOV-
Class A Certificates, Series 1994D P & S Agreement Date: 01-Feb-94
Class B-1 Certificates, Series 1994D Original Settlement Date: 25-Feb-94
Class B-2 Certificates, Series 1994D Distribution Date: 27-Nov-95
Class B-3 Certificates, Series 1994D
Class B-4 Certificates, Series 1994D 6.613718% - Weighted Average Mortgage Rate
Class B-5 Certificates, Series 1994D 6.187208% - Weighted Average Pass-Through Rate
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C>
13 i Senior Percentage 92.6218%
ii Senior Prepayment Percentage Distribution 100.0000%
14 i Class B-1 Subordinated Percentage 2.2458%
ii Class B-1 Prepayment Distribution Percentage 0.0000%
15 i Class B-2 Subordinated Percentage 1.2829%
ii Class B-2 Prepayment Distribution Percentage 0.0000%
16 i Class B-3 Subordinated Percentage 1.9247%
ii Class B-3 Prepayment Distribution Percentage 0.0000%
17 i Class B-4 Subordinated Percentage 0.9623%
ii Class B-4 Prepayment Distribution Percentage 0.0000%
18 i Class B-5 Subordinated Percentage 0.9625%
ii Class B-5 Prepayment Distribution Percentage 0.0000%
-----------------------------------------------------------------------------------------------------------------
19 Ending Number of Loans 650
20 Ending Pool Balance 182,709,930.81
21 i Ending Class A Principal Balance 168,903,877.83
ii Ending Certificate Factor Class A 72.890836%
22 i Ending Class B-1 Principal Balance 4,202,329.86
ii Ending Certificate Factor Class B-1 97.659626%
23 i Ending Class B-2 Principal Balance 2,400,636.46
ii Ending Certificate Factor Class B-2 97.659735%
24 i Ending Class B-3 Principal Balance 3,601,428.40
ii Ending Certificate Factor Class B-3 97.659340%
25 i Ending Class B-4 Principal Balance 1,800,714.20
ii Ending Certificate Factor Class B-4 97.659340%
26 i Ending Class B-5 Principal Balance 1,800,944.07
ii Ending Certificate Factor Class B-5 97.659373%
-----------------------------------------------------------------------------------------------------------------
27 i Current Master Servicer Advanced Interest 0.00
ii Current Master Servicer Advanced Principal 0.00
iii Current Advance Reserve Fund Advanced Interest 0.00
iv Current Advance Reserve Fund Advanced Principal 0.00
v Current Trustee Advanced Interest 0.00
vi Current Trustee Advanced Principal 0.00
vii Current Recovered Advanced Interest 0.00
viii Current Recovered Advanced Principal 0.00
ix Amount of Current Delinquent Principal and Interest 0.00
-----------------------------------------------------------------------------------------------------------------
28 i Number of Mortgage Loans 30 to 59 Days Delinquent 8
ii Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,797,605.60
iii Number of Mortgage Loans 60 to 89 Days Delinquent 2
iv Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 397,455.97
v Number of Mortgage Loans 90 or More Days Delinquent 1
vi Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 490,062.79
vii Number of Mortgage Loans in Foreclosure 5
viii Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,147,083.98
29 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
30 Principal Balance of Converted Loans 0.00
31 i Aggregate amount of Prepayment Interest Shortfalls 0.00
ii Aggregate amount of Relief Act Interest Shortfalls 0.00
iii Aggregate amount of Realized Losses (Special Hazard) 0.00
iv Aggregate amount of Realized Losses (Fraud) 0.00
v Aggregate amount of Realized Losses (Bankruptcy) 0.00
vi Aggregate amount of Realized Losses (Extraordinary) 0.00
vii Aggregate amount of Extraordinary Trust Fund Expenses 0.00
32 i Special Hazard Amount 4,585,358.00
33 i Fraud Loss Amount 4,917,174.38
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C>
Chemical Bank, Trustee Determination Date: 03-Nov-95
Manufactured Housing Contracts Remittance Date: 07-Nov-95
Senior/Subordinated Pass-Through Certificates Series 19 For the Period Ended: 25-Oct-95
</TABLE>
Information for Clauses (a) through (s), Section 7.01
<TABLE>
<CAPTION>
Class A-1 Class A-2 Class A-3
<S> <C> <C> <C>
(a) Class A Distribution Amount 1,553,454.84 250,547.17 95,615.83
(b) Formula Principal Distribution Amount
(a) Scheduled Principal Due 569,640.41
(b) Partial Prepayments Received 27,690.22
(c) Principal Payments in Full (Scheduled Balance) 805,327.37
(d) Liquidated Contract Scheduled Balance 0.00
(e) Section 3.05 Purchase Scheduled Balance 0.00
---------------- --------------- ---------------
Total Class A Principal Distribution 1,402,658.00 0.00 0.00
(c) Interest Distribution 150,796.84 250,547.17 95,615.63
Class A Unpaid Interest Shortfall 0.00 0.00 0.00
---------------- --------------- ---------------
Total Class A Interest Distribution 150,796.64 250,547.17 95,615.63
(d) Beginning Class A Principal Balance 34,799,269.78 48,493,000.00 16,275,000.00
Less: Class A Principal Distribution 1,402,658.00 0.00 0.00
---------------- --------------- ---------------
Remaining Class A Principal Balance 33,396,611.78 48,493,000.00 16,275,000.00
(e) Class B Distribution Amount 63,294.22 Original Balance
Class A-1 60,000,000.00
(f) Formula Principal Distribution Amount Class A-2 46,493,000.00
(a) Scheduled Principal Due 0.00 Class A-3 16,275,000.00
(b) Partial Prepayments Received 0.00 Class B 10,850,436.99
(c) Principal Payments in Full (Scheduled Balance) 0.00
(d) Liquidated Contract Scheduled Balance 0.00 (I) Pool Factor
(e) Section 3.05 Purchase Scheduled Balance 0.00 Class A-1 0.55651020
Class A-2 1.00000000
----------------
Total Class B Principal Distribution 0.00 Class A-3 1.00000000
Class B 1.00000000
(g) Interest Distribution 63,294.22
Class B Unpaid Interest Shortfall 0.00
----------------
Total Class B Interest Distribution 63,294.22
(h) Beginning Class B Principal Balance 10,550,436.99
Loss: Class B Principal Distribution 0.00
----------------
Remaining Class B Principal Balance 10,850,436.99
(i) Fees Due Servicer
Monthly Servicing Fee 113,978.17
Section 8.00 Reimbursement Amount 0.00
Section 6.02 Reimbursement Amount 27,637.45
Reimburseable Fees 0.00
----------------
Total Fees Due Servicer 141,615.62
No. of Unpaid Principal
(j) Delinquency Contracts Balance
31-59 Days Delinquent 142 2,553,975
60-89 Days Delinquent 35 683,032
90+ Days Delinquent 1,310,188
(k) Section 3.05 Repurchases 0.00
(m) Residual Interest Distribution Amount 428,999,19
(n) Principal Balance of Contracts in Repossession 0.00
(o) Aggregate Net Liquidation Losses 0.00
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Chemical Bank, Trustee Determination Date: 03-Nov-95
Manufactured Housing Contracts Remittance Date: 07-Nov-95
Senior/Subordinated Pass-Through Certificates Series 1994E For the Period Ended: 25-Oct-95
</TABLE>
<TABLE>
<CAPTION>
Information for Clauses (a) through (s), Section 7.01
Class A-1 Class A-2 Class A-3
<S> <C> <C> <C> <C>
Computation of Available Distribution Amount
(i) Certificate Account Balance at Monthly Cutoff 2,523,688.85
(ii) Monthly Advance made 0.00
(iii) Section 5.05 Certificate Fund Income 9,837.82
Less:
(i) Aggregate Repossession Profits 0.00
(ii) Due to the Servicer Pursuant to Section 6.02:
(i) Section 3.05 Purchases (Due Seller) 0.00
(ii) Reimbursement for taxes from liquidation Proceeds 0.00
(iii) Monthly Servicing Fee 113,978.17
(iv) Reimburseable liquidation Expenses 27,837.45
(v) Section 6.04(c) reimbursement 0.00
(vi) Section 8.05 reimbursement 0.00
(vii) Amounts not required to be deposited 0.00
Total Due Service: 141,615.62
Available Distribution Amount 2,391,911.05
To Class A 1,899,617.04
Class B Interest 63,294.22
Monthly Excess Spread 428,999.18
Monthly Advance 0.00
Scheduled Balance Computation
Prior Month Balance 109,419,047.30
Less: Repos 85,556.90
Current Balance 108,069,545.18
Adv Principal 47,013.37
Del Principal 186,726.07
Pool Scheduled Balance 107,930,832.18
Principal Payments in Full: 805,327.37
Partial Payments 27,690.22
Scheduled Principal 569,640.41
Colateral Balance 108,069,545.18
</TABLE>
<PAGE>
************************** SERVICING CERTIFICATE **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
LOAN GROUP 1 CURRENT PASS-THROUGH RATES P & S AGREEMENT DATE: 01-MAR-94
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994F LIBOR + 0.25% 6.12500%
Class A-2 Certificates, Series 1994F LIBOR + 0.38% 6.25500% Original Settlement Date: 30-Mar-94
Class A-3 Certificates, Series 1994F LIBOR + 0.65% 6.52500%
Class M Certificates, Series 1994F LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994F LIBOR + 1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 7.73247% 7.47780% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C> <C>
1 Beginning Group 1 Principal Balance 230,518,145.29
2 Beginning Group 1 Factor 79.817623%
---------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 73,382,067.34
4 Beginning Class A-2 Principal Balance 67,315,000.00
5 Beginning Class A-3 Principal Balance 58,053,000.00
6 Beginning Class M Principal Balance 23,102,000.00
7 Beginning Class B-1 Principal Balance 8,666,077.95
---------------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
9 Aggregate of all Principal Prepayments Received 4,242,675.08
10 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
11 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
14 Aggregate of any Revenues From Fidelity Bond of Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 4,242,675.08
ii. Aggregate Net Liquidation Losses on Mortgage Loans 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 1,483,488.87
20 Current Servicing Fee 48,024.61
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) 1,906.66
ii. Monthly Advance based on amounts due to Adjustable Rate Offered Certificateholders 0.00
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 1,435,464.26
24 Total Funds Available For Distribution (18i+23) 5,678,139.34
---------------------------------------------------------------------------------------------------------------------------
25 Formula Principal Distribution Amount 4,242,675.08
---------------------------------------------------------------------------------------------------------------------------------
26 i Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 4,242,675.08
ii. Class A-1 Prepaid Principal 4,242,675.08
iii Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
27 i. Class A-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 374,554.30
ii. Class A-1 Current Interest 374,554.30
iii Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
28 i Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
29 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 350,879.44
ii. Class A-2 Current Interest 350,879.44
iii Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
30 i Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
31 i. Class A-3 Total Distribution Allocable to Interest 315,663.19
ii. Class A-3 Current Interest 315,663.19
iii Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
32 i Class M Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class M Prepaid Principal 0.00
iii Class M Net Liquidation Proceeds 0.00
iv. Class M Repurchase Proceeds 0.00
v. Class M Unpaid Principal Shortfall 0.00
33 i. Class M Total Distribution Allocable to Interest (P&S 6.02ii ) 132,355.21
ii. Class M Current Interest 132,355.21
iii Class M Interest Shortfall 0.00
iv. Class M Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
34 i GRAND TOTAL tO CERTIFICATE INSURER FOR All LOAN GROUPS 5,406.97
ii Total Amount to Certificate Insurer (Loan Group 1) 897.50
iii Monthly Insurance Premium (Loan Group 1) 897.50
iv Reimbursement Amount (Loan Group 1) 0.00
v Unpaid Balance of Loans Covered by Surety Bond 39,888,932.35
</TABLE>
-----------------------------------------------------------------------------
<PAGE>
**************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
Merill Lynch Mortgage Investors, Inc. Current Due Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
LOAN GROUP 1 CURRENT PASS-THROUGH RATES: P & S Agreement Date: 1-Mar-94
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994F LIBOR + 0.25% 6.12500%
Class A-2 Certificates, Series 1994F LIBOR + 0.38% 6.25500% Original Settlement Date: 30-Mar-94
Class A-3 Certificates, Series 1994F LIBOR + 0.65% 6.52500%
Class M Certificates, Series 1994F LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994F LIBOR + 1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 7.73247% 7.47780% - Weighted average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<C> <S> <C> <C>
35 i Class B-1 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B-1 Prepaid Principal 0.00
iii. Class B-1 Net Liquidation Proceeds 0.00
iv. Class B-1 Repurchase Proceeds 0.00
v. Class B-1 Unpaid Principal Shortfall 0.00
36 i. Class B-1 Total Diistribution Allocable to Interest (P&S 6.02ii ) 51,454.84
ii. Class B-1 Current Interest 51,454.84
iii. Class B-1 Interest Shortfall 0.00
iv. Class B-1 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
37 i. Cumulative Master Service Advanced Interest (P&S 6.02v ) 0.00
ii. Cumulative Master Service Advanced Principal 0.00
--------------------------------------------------------------------------------------------------------------------------------
38 i. Beginning Advance Reserve Fund Balance 722,150.00
ii. Current Advance Reserve Fund Deposit 0.00
iii. Current Advance Reserve Fund Advance 0.00
iv. Ending Advance Reserve Fund Balance 722,150.00
--------------------------------------------------------------------------------------------------------------------------------
39 Available Excess Interest 209,659.78
40 Funds transferred to Groups 2 and 3 (4,322.26)
41 Recovery of Servicer Advances 0.00
42 Class R Distribution Amount For Such Distribution Date 205,337.52
--------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
43 Ending Group 1 Principal Balance 226,275,470.21
44 Ending Group 1 Factor 78.348583%
45 Ending Class A-1 Principal Balance 69,139,392.26
46 Ending Class A-2 Principal Balance 67,315,000.00
47 Ending Class A-3 Principal Balance 58.053,000.00
48 Ending Class M Principal Balance 23,102,000.00
49 Ending Class B-1 Principal Balance 8.666,077.95
</TABLE>
=============================================================================
<PAGE>
************************* STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Mar-94
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994F LIBOR + 0.25% 6.12500% Original Settlement Date: 30-Mar-94
Class A-2 Certificates, Series 1994F LIBOR + 0.38% 6.25500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1994F LIBOR + 0.65% 6.52500%
Class M Certificates, Series 1994F LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994F LIBOR + 1.25% 7.12500%
LIBOR 5.87500% 7.47780% - Weighted Average Net Mortgage Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Class Certificates (per Certificates with a $1,000 denomination)
<C> <S> <C>
1 i Class A-1 Total Distribution Allocable to Principal 32.222033
ii. Class A-1 Prepaid Principal 32.222033
iv. Class A-1 Net Liquidation Proceeds 0.000000
v. Class A-1 Repurchase Proceeds 0.000000
vi. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 2.844644
ii. Class A-1 Current Interest 2.844644
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iv. Class A-2 Net Liquidation Proceeds 0.000000
v. Class A-2 Repurchase Proceeds 0.000000
vi. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.212500
ii. Class A-2 Current Interest 5.212500
iv. Class A-2 Interest Shortfall 0.000000
v. Class A-2 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
5 i Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iv. Class A-3 Net Liquidation Proceeds 0.000000
v. Class A-3 Repurchase Proceeds 0.000000
vi. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.437500
ii. Class A-3 Current Interest 5.437500
iv. Class A-3 Interest Shortfall 0.000000
v. Class A-3 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
7 i. Class M Total Distribution Allocable to Principal (P&S 6.02i) 0.000000
ii. Class M Prepaid Principal 0.000000
iv. Class M Net Liquidation Proceeds 0.000000
v. Class M Repurchase Proceeds 0.000000
vi. Class M Unpaid Principal Shortfall 0.000000
8 i. Class M Total Distribution Allocable to Interest 5.729167
ii. Class M Current Interest 5.729167
iv. Class M Interest Shortfall 0.000000
v. Class M Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
9 i Class B-1 Total Distribution Allocable to Principal 0.000000
ii. Class B-1 Prepaid Principal 0.000000
iv. Class B-1 Net Liquidation Proceeds 0.000000
v. Class B-1 Repurchase Proceeds 0.000000
vi. Class B-1 Unpaid Principal Shortfall 0.000000
10 i. Class B-1 Total Distribution Allocable to Interest 5.937500
ii. Class B-1 Current Interest 5.937500
iv. Class B-1 Interest Shortfall 0.000000
v. Class B-1 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
11 Ending Group 1 Principal Balance 226,275,470.21
12 Ending Group 1 Factor 78.348583%
13 Ending Class A-1 Principal Balance 69,139,392.26
14 Ending Class A-2 Principal Balance 67,315,000.00
15 Ending Class A-3 Principal Balance 58,053.000.00
16 Ending Class M Principal Balance 23,102,000.00
17 Ending Class B-1 Principal Balance 8,666,077.95
---------------------------------------------------------------------------------------------------------------------------------
18 i. Current Master Servicer Advanced (Recovered) Interest 0.00
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 186,848.26
viii. ALTERNATE RATE FOR NEXT DISTRIBUTION: 15-Dec-95 7.45385%
---------------------------------------------------------------------------------------------------------------------------------
19 i. Number of Mortgage Loans 30 to 59 Days Delinquent 4
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 2,865,554.86
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 1
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 125,999.60
v. Number of Mortgage 90 or More Days Delinquent 1
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 360,000.00
vii. Number of Mortgage Loans in Foreclosure 2
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 1,820,000.00
20 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 444,000.00
</TABLE>
================================================================================
<PAGE>
*************************** SERVICING CERTIFICATE ***************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Mar-94
LOANS GROUP 2
-------------
<S> <C> <C> <C> <C>
Class A-4 Certificates, Series 1994F Pass-Through Rate 6.57617% Original Settlement Date: 30-Mar-94
Class B-2 Certificates, Series 1994F Pass-Through Rate 6.57617%
Distribution Date: 15-Nov-95
WAC 6.91617% Wtd Average Net Mortgage Rate 6.57617%
</TABLE>
- --------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Principal Balance 33,486,625.42
2 Beginning Group 2 Factor 90.827287%
--------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-4 Principal Balance 32,564,161.74
4 Beginning Class B-2 Principal Balance 922,463.68
--------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 123,805.27
6 Aggregate of all Unscheduled Principal Received 76,769.75
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
13 Current Principal Advances 0 .00
14 Current Servicer Principal Reimbursements 10,336.97
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 190,238.05
ii. Aggregate Net Liquidation Losses on Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 208,113.83
17 Current Servicing Fee 6,976.38
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) (15,114.50)
ii. Monthly Advance based on amounts due to Class A-4 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (15,114.50)
20 Total Interest Available For Distribution (16-17+19) 186,022.95
21 Funds transferred from Group 1 or 3 0.00
22 Total Funds Available For Distribution (15i+20+21) 376,261.00
--------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 190,238.05
--------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-4 Total Distribution Allocate to Principal (P&S 6.02i ) 190,238.05
ii. Class A-4 Scheduled Principal 118,477.77
iii. Class A-4 Unscheduled Principal 71,760.28
iv. Class A-4 Net Liquidation Proceeds 0.00
v. Class A-4 Repurchase Proceeds 0.00
vi. Class A-4 Unpaid Principal Shortfall 0.00
25 i. Class A-4 Total Distribution Allocable to Interest (P & S 6.02ii ) 178,456.22
ii. Class A-4 Scheduled Interest 178,456.22
iii. Class A-4 Other Interest 0.00
iv. Class A-4 Interest Shortfall 0.00
v. Class A-4 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
26 i Total Amount to Certificate Insurer (Loan Group 2) 2,442.31
ii. Monthly Insurance Premium (Loan Group 2) 2,442.31
iii. Reimbursement Amount (Loan Group 2) 0.00
--------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-2 Total Distribution Allocable to Principal 0.00
ii. Class B-2 Scheduled Principal 0.00
iii. Class B-2 Unscheduled Principal 0.00
iv. Class B-2 Net Liquidation Proceeds 0.00
v. Class B-2 Repurchase Proceeds 0.00
vi. Class B-2 Unpaid Principal Shortfall 0.00
28 i. Class B-2 Total Distribution Allocable to Interest 5,055.23
ii. Class B-2 Scheduled Interest 5,055.23
iii. Class B-2 Other Interest 0.00
iv. Class B-2 Interest Shortfall 0.00
v. Class B-2 Unpaid Interest Shortfall 0.00
--------------------------------------------------------------------------------------------------------------------------------
29 i Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 160,840.57
ii. Cumulative Master Servicer Advanced Principal 103,584.96
--------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 69.19
31 Distribution to Group 1 or 3 for Shortfalls 0.00
32 Recovery of Servicer Advances (69.19)
33 Class R Distribution Amount For Such Distribution Date 0.00
--------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
34 Ending Group 2 Principal Balances 33,296,387.37
35 Ending Group 2 Factor 90.311296%
36 Ending Class A-4 Principal Balance 32,373,923.69
37 Ending Class B-2 Principal Balance 922,463.68
</TABLE>
=============================================================================
<PAGE>
************************** SERVICING CERTIFICATE **************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Mar-94
LOAN GROUP 3
------------
<S> <C> <C> <C> <C>
Class A-5 Certificates, Series 1994F Pass-Through Rate 7.07353% Original Settlement Date: 30-Mar-94
Class B-3 Certificates, Series 1994F Pass-Through Rate 6.57617%
Distribution Date: 15-Nov-95
WAC 7.41353% Wtd Average Net Mortgage Rate 7.07353%
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 28,290,294.75
2 Beginning Group 3 Factor 97.163493%
-------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 27,562,117.56
4 Beginning Class B-3 Principal Balance 728,177.19
-------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 23,885.69
6 Aggregate of all Unscheduled Principal Received (Payoffs & Curtailments) 1,516.14
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
13 Current Principal Advances 751.25
14 Current Servicer Principal Reimbursements 0.00
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 26,153.08
ii. Aggregate Net Liquidation Losses on Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 170,097.11
17 Current Servicing Fee 5,893.81
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) 4,678.68
ii. Monthly Advance based on amounts due to Class A-5 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
20 Total Interest Available For Distribution (16-17+19) 164,203.30
21 Funds transferred from Group 1 or 2 4,322.26
22 Total Funds Available For Distribution (15i+20+21) 194,678.64
-------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 26,153.08
-------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-5 Total Distribution Allocable to Principal (P&S 6.02i ) 26,153.08
ii. Class A-5 Scheduled Principal 24,636.94
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 1,516.14
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
vi. Class A-5 Unpaid Principal Shortfall 0.00
25 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 162,467.89
ii. Class A-5 Scheduled Interest 162,467.89
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 3) 2,067.16
ii. Monthly Insurance Premium (Loan Group 3) 2,067.16
iii. Reimbursement Amount (Loan Group 3) 0.00
-------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-3 Total Distribution Allocable to Principal 0.00
ii. Class B-3 Scheduled Principal 0.00
iii. Class B-3 Unscheduled Principal 0.00
iv. Class B-3 Net Liquidation Proceeds 0.00
v. Class B-3 Repurchase Proceeds 0.00
vi. Class B-3 Unpaid Principal Shortfall 0.00
28 i. Class B-3 Total Distribution Allocable to Interest 3,990.51
ii. Class B-3 Scheduled Interest 3,990.51
iii. Class B-3 Other Interest 0.00
iv. Class B-3 Interest Shortfall 0.00
v. Class B-3 Unpaid Shortfall 0.00
-------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 79,133.31
ii. Cumulative Master Servicer Advanced Principal 23,862.94
-------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 0.00
31 Distribution to Group 1 or 2 for Shortfall 0.00
32 Recovery of Servicer Advances 0.00
33 Class R Distribution Amount For Such Distribution Date 0.00
-------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
34 Ending Group 3 Principal Balance 28,264,141.67
35 Ending Group 3 Factor 97.073670%
36 Ending Class A-5 Principal Balance 27,535,964.48
37 Ending Class B-3 Principal Balance 728,177.19
</TABLE>
=============================================================================
<PAGE>
*********************** STATEMENT OF CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-Mar-94
LOAN GROUP 2
------------
<S> <C> <C>
Class A-4 Certificates, Series 1994F Original Settlement Date: 30-Mar-94
Class B-2 Certificates, Series 1991F Distribution Date: 15-Nov-95
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with $1,000 denomination)
<C> <S> <C>
1 i. Class A-4 Total Distribution Allocable to Principal 5.292329
ii. Class A-4 Scheduled Principal 3.295993
iii. Class A-4 Unscheduled Principal 1.996336
iv. Class A-4 Net Liquidation Proceeds 0.000000
v. Class A-4 Repurchase Proceeds 0.000000
vi. Class A-4 Unpaid Principal Shortfall 0.000000
2 i. Class A-4 Total Distribution Allocable to Interest 4.964564
ii. Class A-4 Scheduled Interest 4.964564
iii. Class A-4 Other Interest 0.000000
iv. Class A-4 Interest Shortfall 0.000000
v. Class A-4 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-2 Total Distribution Allocable to Principal 0.000000
ii. Class B-2 Scheduled Principal 0.000000
iii. Class B-2 Unscheduled Principal 0.000000
iv. Class B-2 Net Liquidation Proceeds 0.000000
v. Class B-2 Repurchase Proceeds 0.000000
vi. Class B-2 Unpaid Principal Shortfall 0.000000
4 i. Class B-2 Total Distribution Allocable to Interest 5.480140
ii. Class B-2 Scheduled Interest 5.480140
iii. Class B-2 Other Interest 0.000000
iv. Class B-2 Interest Shortfall 0.000000
v. Class B-2 Unpaid Interest Shortfall 0.000000
--------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
5 Ending Group 2 Principal Balance 33,296,387.37
6 Ending Group 2 Factor 90.311296%
7 Ending Class A-4 Principal Balance 32,373,923.69
8 Ending Class B-2 Principal Balance 922,463.68
--------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (15,183.69)
ii. Current Master Servicer Advanced (Recovered) Principal (10,336.97)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 4,827.43
viii. Amount of Delinquent Interest of Mortgage Loans 6,136.57
ix. CLASS A-4 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.57595%
x. CLASS B-2 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.57595%
--------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 5
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,091,470.10
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
************************* STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 1-Mar-94
LOAN GROUP 3
------------
<S> <C> <C>
Class A-5 Certificates, Series 1994F Original Settlement Date: 30-Mar-94
Class B-3 Certificates, Series 1994F Distribution Date: 15-Nov-95
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
Distribution to Holders of Class A-1 Certificates (per Certificates with a $1,000 denomination)
<C> <S> <C>
1 i Class A-5 Total Distribution Allocable to Principal 0.921272
ii. Class A-5 Scheduled Principal 0.857865
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 0.053408
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
vi. Class A-5 Unpaid Principal Shortfall 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 5.723119
ii. Class A-5 Scheduled Interest 5.723119
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-3 Total Distribution Allocable to Principal 0.000000
ii. Class B-3 Scheduled Principal 0.000000
iii. Class B-3 Unscheduled Principal 0.000000
iv. Class B-3 Net Liquidation Proceeds 0.000000
v. Class B-3 Repurchase Proceeds 0.000000
vi. Class B-3 Unpaid Principal Shortfall 0.000000
4 i. Class B-3 Total Distribution Allocable to Interest 5.480136
ii. Class B-3 Scheduled Interest 5.480136
iii. Class B-3 Other Interest 0.000000
iv. Class B-3 Interest Shortfall 0.000000
v. Class B-3 Unpaid Interest Shortfall 0.000000
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
5 Ending Group 3 Principal Balance 28,264,141.67
6 Ending Group 3 Factor 97.073670%
7 Ending Class A-5 Principal Balance 27,535,964.48
8 Ending Class B-3 Principal Balance 728,177.19
---------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest 0.00
ii. Current Master Servicer Advanced (Recovered) Principal 751.25
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 1,846.70
viii. Amount of Delinquent Interest of Mortgage Loans 13,440.46
ix. CLASS A-5 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 7.07354%
x. CLASS B-3 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.57595%
---------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 5
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 Days Delinquent 1,664,277.03
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 1
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 246,390.95
v. Number of Mortgage 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
=============================================================================
<PAGE>
MERRILL LYNCH MORTGAGE INVESTORS 1994-G REPORT DATE: NOVEMBER 3, 1995
OAKWOOD ACCEPTANCE CORP. - ISSUER & SERVICER POOL REPORT # 19
REMITTANCE REPORT Page 1 of 5
REPORTING MONTH: OCTOBER 31, 1995
<TABLE>
<CAPTION>
Scheduled Principal Balance of Contracts
------------------------------------------------------------------------------
Beginning Ending Scheduled
Principal Scheduled Prepaid Liquidated Contracts Principal Gross Servicing
Balance Principal Principal Principal Repurchased Balance Interest Fee
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
147,541,558.50 (654,533.50) (789,204.59) (450,373.81) 0.00 145,647,446.60 1,380,909.91 122,951.30
====================================================================================================================================
Scheduled Amount Reserve Fund as of Cutoff Date---------------
Pass Thru Liquidation Available for Beginning Investment Ending Required
Interest Proceeds Distribution Balance Deposits Distrib. Interest Balance Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<C> <C> <C> <C> <C> <C> <C> <C> <C>
1,257,959.61 345,076,69 3,169,724,69 1,756,451.83 0.00 7,687,83 7,897.62 1,756,661.62 1,748,764.00
====================================================================================================================================
Excess
- ------------------------------------------------------------------------------------------------------------------------------------
<C>
7,897.62
</TABLE>
================================================================================
<PAGE>
<TABLE>
<CAPTION>
MERRIL LYNCH MORTGAGE INVESTORS 1994-G REPORT DATE: NOVEMBER 3, 1995
OAKWOOD ACCEPTANCE CORP.-ISSUER & SERVICER POOL REPORT # 19
REMITTANCE REPORT
REPORTING MONTH: OCTOBER 31, 1995 Page 2 of 5
Class B Principal Distribution Test Test Met?
- -------------------------------------- --------
<S> <C>
(a) Remittance date on or after May 1999
(b) Average 60 day Delinquency rate less than = 5%
(c) Average 30 day Delinquency rate less than = 7%
(d) Cumulative realized losses do not exceed the
following losses percentages of original pool balance:
May 1999 - April 2000 7%
May 2000 - April 2001 8%
May 2001 & thereafter 9%
Cumulative losses $1,197,588 / 174,876,424
--------------
1%
(e) Current realized loss ratio = 2.75%
(f) If Class A-2 principal is greater than zero, sum
of A-1 and A-2 principal balances divided by
pool scheduled principal balance less than 50%:
Beginning A-1 balance 46,165,134.08
Beginning A-2 balance 57,600,000.00
----------------
103,765,134.08
Divided by beginning pool
balance 147,541,558.50
----------------
70%
================
(g) If Class A-2 principal balance = zero,
A-3 principal balance divided by pool
scheduled principal balance is less
than 72%
Beginning A-3 balance
Divided by beginning pool
----------------
balance
================
</TABLE>
<TABLE>
<CAPTION>
Average 60 day delinquency ratio:
Over 60s Pool Balance %
-------------------------------------------
<S> <C> <C> <C>
Current Mo 3,292,687.69 145,647,446.60 2.26%
1st Preceding Mo 3,036,338.72 147,541,558.60 2.06%
2nd Preceding Mo 3,265,899.08 149,526,554.65 2.18%
Divided by 3
----------
2.17%
==========
Average 30 day delinquency ratio:
Over 30s Pool Balance %
-------------------------------------------
Current Mo 5,504,162.34 145,647,446.60 3.78%
1st Preceding Mo 5,354,486.03 147,541,558.50 3.63%
2nd Preceding Mo 5,117,313.74 149,526,554.65 3.42%
Divided by 3
----------
3.61%
==========
Current realized loss ratio:
Liquidation Pool
Losses Balance
---------------------------------
Current Mo 105,297.12 147,541,558.50
1st Preceding Mo 109,959.48 149,529,554.65
2nd Preceding Mo 96,628.77 151,190,415.36
311,885.37 149,419,509.50
A B
Ratio = A/B 0.2087%
</TABLE>
<PAGE>
MERRIL LYNCH MORTGAGE INVESTORS 1994-G REPORT DATE: NOVEMBER 3, 1995
OAKWOOD ACCEPTANCE CORP. - ISSUER & SERVICER POOL REPORT # 19
REMITTANCE REPORT
REPORTING MONTH: OCTOBER 31, 1995 Page 3 of 5
Delinquency Analysis ---------------------------------------------------------
<TABLE>
<CAPTION>
No. of Principal 31 to 59 days 60 to 89 days 90 days and Over Total Delinq.
Loans Balance Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C>
Excl Repos 6,869 114,008,776.31 115 2,106,356.20 37 753,049.74 50 1,017,957.71 202 3,877,363.65
Repos 84 1,638,670.29 6 105,118.45 14 254,624.78 63 1,267,055.46 83 1,626,798.69
-----------------------------------------------------------------------------------------------------------------------
Total 6,972 145,647,446.60 121 2,211,474.65 51 1,007,674.52 113 2,285,013.17 285 5,504,162.34
4.09% 3.78%
Repossession Analysis---------------------------------------
Active Repos Reversal Current Month
Outstanding (Redemption) Repos Cumulative Repos
Principal Principal Principal Principal
# Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C>
Excl Repos 84 1,636,670.29 -2 (38,930.28) 24 461,651.90 459 8,696,352.04
</TABLE>
<PAGE>
MERRIL LYNCH MORTGAGE INVESTORS 1994-G
OAKWOOD ACCEPTANCE CORP.- ISSUER & SERVICER REPORT DATE: NOVEMBER 3, 1995
REMITTANCE REPORT POOL REPORT # 19
REPORTING MONTH: OCTOBER 31, 1995
Page 4 of 5
REPOSSESSION LIQUIDATION REPORT
<TABLE>
<CAPTION>
Liquidated
Account Customer Principal Sales Insur. Total
Number Name Balance Proceeds Refunds Proceeds
<S> <C> <C> <C> <C> <C>
040693-4 BARNES 42,401.09 42,500.00 554.00 43,054.00
042468-9 BARKER 32,673.60 29,900.00 579.83 30,479.83
006049-1 KYZER 6,930.10 3,200.00 0.00 3,200.00
033050-6 CROWE 17,930.44 13,900.00 0.00 13,900.00
033943-2 TAYLOR 18,284.70 18,350.00 0.00 18,350.00
043688-1 ENOCH 28,528.20 27,900.00 905.59 28,805.59
043845-7 RICHARDSO 26,643.88 22,500.00 1,709.57 24,209.57
043900-0 JONES 32,571.19 25,500.00 1,080.89 26,580.89
044248-3 HAWK 21,191.06 31,900.00 688.27 32,588.27
044423-2 THOMPSON 27,585.45 27,500.00 1,079.96 28,579.96
045239-1 JOHNSON 15,996.76 17,100.00 799.93 17,899.93
046508-3 LOUDIN 21,419.54 17,900.00 1,300.34 19,200.34
046763-9 GRAYBILL 17,004.10 17,200.00 725.11 17,925.11
047749-7 WALTON 9,654.40 8,000.00 461.89 8,461.89
047886-7 MCKNIGHT 22,798.89 22,500.00 1,410.00 23,910.00
022948-4 KING 9,684.43 7,680.00 0.00 7,680.00
041490-4 KITZMILLER 6,542.20 3,600.00 138.72 3,736.72
041762-6 LOWRY 12,836.23 13,900.00 490.75 14,390.75
042964-7 ENGLISH 12,675.63 12,500.00 301.39 12,801.39
043513-1 FIFE 17,852.67 17,900.00 668.55 18,568.55
044828-2 REIDMAN 20,989.30 22,900.00 955.00 23,855.00
046745-6 ROSARIO 10,500.29 10,500.00 346.61 10,846.61
047080-7 FLORES 17,679.66 23,900.00 999.69 24,899.69
0.00
0.00
0.00
---------------------------------------------------------
450,373.81 438,730.00 15,198.09 453,926.09
=========================================================
<CAPTION>
Net Current
Account Customer Unrecov. Repossession Pass Thru Period Net Cumulative
Number Name Advances Expenses Proceeds Gain/(Loss) Gain/(Loss)
<S> <C> <C> <C> <C> <C> <C>
040693-4 BARNES 5,825.04 5,433.11 31,795.85 (10,605.24)
042468-9 BARKER 1,742.55 1,427.29 27,309.99 (5,363.61)
006049-1 KYZER 1,209.18 0.00 1,990.82 (4,939.28)
033050-6 CROWE 1,048.88 3,209.34 9,641.78 (8,288.66)
033943-2 TAYLOR 3,930.88 2,686.08 11,733.04 (6,551.66)
043688-1 ENOCH 2,381.33 1,722.00 24,702.26 (3,825.94)
043845-7 RICHARDSO 2,052.72 2,284.50 19,872.35 (6,771.53)
043900-0 JONES 3,485.34 3,429.36 19,666.19 (12,905.00)
044248-3 HAWK 2,021.68 10,127.14 20,439.45 (751.61)
044423-2 THOMPSON 1,967.76 1,832.87 24,779.33 (2,806.12)
045239-1 JOHNSON 1,430.45 1,479.00 14,990.48 (1,006.28)
046508-3 LOUDIN 3,817.24 3,201.35 12,181.75 (9,237.79)
046763-9 GRAYBILL 2,467.32 3,500.50 11,957.29 (5,046.81)
047749-7 WALTON 2,583.27 3,028.48 2,850.14 (6,804.26)
047886-7 MCKNIGHT 1,950.27 2,643.15 19,316.58 (3,482.31)
022948-4 KING 1,852.29 1,105.00 4,722.71 (4,961.72)
041490-4 KITZMILLER 922.90 108.00 2,707.82 (3,834.38)
041762-6 LOWRY 1,870.48 3,144.86 9,375.41 (3,460.82)
042964-7 ENGLISH 2,030.24 2,240.38 8,530.77 (4,144.86)
043513-1 FIFE 1,397.90 824.00 16,346.65 (1,506.02)
044828-2 REIDMAN 2,313.01 687.00 20,854.99 (134.31)
046745-6 ROSARIO 1,334.40 1,851.96 7,650.25 (2,850.04)
047080-7 FLORES 1,581.90 1,657.00 21,660.79 3,981.13
0.00 0.00
0.00 0.00
0.00 0.00
---------------------------------------------------------------------------
51,217.03 57,632.37 345,076.69 (105,297.12) (1,197,587.96)
===========================================================================
</TABLE>
<PAGE>
<TABLE>
<S> <C>
MERRIL LYNCH MORTGAGE INVESTORS 1994-G
OAKWOOD ACCEPTANCE CORP- ISSUER & SERVICER REPORT DATE: NOVEMBER 2, 1995
REMITTANCE REPORT PCCL REPORT # 19
REPORTING MONTH: OCTOBER 31, 1995
CERTIFICATE PRINCIPAL AND INTEREST ANALYSIS PAGE 5 OF 5
</TABLE>
PRINCIPAL
<TABLE>
<CAPTION>
Orginal Beginning Current Ending
Cert. Certificate Certificate Principal Certificate Pool
Class Balances Balances Payable Balances Factor
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 73,500,000.00 46,165,134.08 (1,894,111.90) 44,271,022.18 60.23256%
A-2 57,600,000.00 57,600,000.00 0.00 57,600,000.00 100.00000%
A-3 19,250,000.00 19,250,000.00 0.00 19,250,000.00 100.00000%
B-1 10,500,000.00 10,500,000.00 0.00 10,500,000.00 100.00000%
B-2 14,026,424.42 14,026,424.42 0.00 14,026,424.42 100.00000%
R 0.00 0.00 0.00 0.00
-------------------------------------------------------------------
174,876,424.42 174,541,558.50 (1,894,111.90) 145,647,446.60
===================================================================
</TABLE>
INTEREST/FEES
<TABLE>
<CAPTION>
Current Current
Prior Accruing Accuring Total Ending
Cert. Remittance Interest Certificates Shortfall Interest/Fee Shortfall Cert. TOTAL
Class Rate Shortfall Interest Interest Paid Interest Class DISTRIBUTION
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 6.30% 0.00 242,366.95 0.00 242,366.95 0.00 A-1 2,136,478.85
A-2 7.45% 0.00 357,600.00 0.00 357,000.00 0.00 A-2 357,600.00
A-3 8.35% 0.00 133,947.92 0.00 133,947.92 0.00 A-3 133,947.92
B-1 8.10% 0.00 70,875.00 0.00 70,875.00 0.00 B-1 70,875.00
B-2 10.00% 0.00 116,686.87 0.00 116,836.67 0.00 B-2 116,686.67
R - 1,092,290.64 336,28?.87 0.00 230,984.75 1,197,587.96 R 230,984.75
Service Fee 0.00 122,952.30 0.00 122,951.30 0.00 122,951.30
------------------------------------------------------------------------------------------------------------
1,092,290.84 1,380,909.91 0.00 1,275,612.79 1,197,587.96 0.00 3,169,724.69
</TABLE>
<PAGE>
**************************** SERVICING CERTIFICATE *****************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc. Current Due Period: 01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortgage Pass-Through Certificates
LOAN GROUP 1 Current pass-through rates:
------------
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994H LIBOR + 0.27% 6.14500% P & S Agreement Date: 01-May-94
Class A-2 Certificates, Series 1994H LIBOR + 0.40% 6.27500% Original Settlement Date: 01-Jun-94
Class A-3 Certificates, Series 1994H LIBOR + 0.80% 6.67500%
Class M Certificates, Series 1994H LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994H LIBOR + 1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 8.35076% 8.09405% - Weighted Average Net Mtge Rate (Alternate Rate)
</TABLE>
----------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 1
------------
<C> <S> <C> <C>
1 Beginning Group 1 Principal Balance 187,203,741.71
2 Beginning Group 1 Factor 87.414768%
---------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-1 Principal Balance 70,684,002.83
4 Beginning Class A-2 Principal Balance 49,915,000.00
5 Beginning Class A-3 Principal Balance 40,906,000.00
6 Beginning Class M Principal Balance 18,738,000.00
7 Beginning Class B-1 Principal Balance 6,960,738.88
---------------------------------------------------------------------------------------------------------------------------------
8 Aggregate of all Principal Payments Received (P&S 5.08i ) 0.00
9 Aggregate of all Principal Prepayments Received 4,275,677.15
10 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
11 Aggregate of any Insurance Proceeds Received (P&S 5.08iii) 0.00
12 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
13 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
14 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
15 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii) 0.00
16 Current Principal Advances 0.00
17 Current Servicer Principal Reimbursements 0.00
18 i. Total Principal Available For Distribution (8+9+10+11+12+13+14+15+16-17) 4,275,677.15
ii. Loss on Liquidated Mortgage Loans 0.00
19 Aggregate of all Interest Payments Received (P&S 5.09 ) 1,242,575.53
20 Current Servicing Fee 39,000.78
21 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii) 60,169.07
ii. Monthly Advance based on amounts due to Adjustable Rate Offered Certificateholders 0.00
22 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) 0.00
23 Total Interest Available For Distribution (19-20+22) 1,203,574.75
24 Total Funds Available For Distribution (18i+23) 5,479,251.90
---------------------------------------------------------------------------------------------------------------------------------
25 Formula Principal Distribution Amount 4,275,677.15
---------------------------------------------------------------------------------------------------------------------------------
26 i. Class A-1 Total Distribution Allocable to Principal (P&S 6.02i ) 4,275,677.15
ii. Class A-1 Prepaid Principal 4,275,677.15
iii. Class A-1 Net Liquidation Proceeds 0.00
iv. Class A-1 Repurchase Proceeds 0.00
v. Class A-1 Unpaid Principal Shortfall 0.00
27 i. Class A-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 361,961.00
ii. Class A-1 Current Interest 361,961.00
iii. Class A-1 Interest Shortfall 0.00
iv. Class A-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
28 i. Class A-2 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class A-2 Prepaid Principal 0.00
iii. Class A-2 Net Liquidation Proceeds 0.00
iv. Class A-2 Repurchase Proceeds 0.00
v. Class A-2 Unpaid Principal Shortfall 0.00
29 i. Class A-2 Total Distribution Allocable to Interest (P&S 6.02ii ) 261,013.85
ii. Class A-2 Current Interest 261,013.85
iii. Class A-2 Interest Shortfall 0.00
iv. Class A-2 Unpaid Interest Shortfall 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
30 i. Class A-3 Total Distribution Allocable to Principal 0.00
ii. Class A-3 Prepaid Principal 0.00
iii. Class A-3 Net Liquidation Proceeds 0.00
iv. Class A-3 Repurchase Proceeds 0.00
v. Class A-3 Unpaid Principal Shortfall 0.00
31 i. Class A-3 Total Distribution Allocable to Interest 227,539.63
ii. Class A-3 Current Interest 227,539.63
iii. Class A-3 Interest Shortfall 0.00
iv. Class A-3 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
32 i. Class M Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class M Prepaid Principal 0.00
iii. Class M Net Liquidation Proceeds 0.00
iv. Class M Repurchase Proceeds 0.00
v. Class M Unpaid Principal Shortfall 0.00
33 i. Class M Total Distribution Allocable to Interest (P&S 6.02ii ) 107,353.13
ii. Class M Current Interest 107,353.13
iii. Class M Interest Shortfall 0.00
iv. Class M Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
34 i. GRAND TOTAL TO CERTIFICATE INSURER FOR ALL LOAN GROUPS 3,898.62
ii. TOTAL AMOUNT TO CERTIFICATE INSURER (LOAN GROUP1) 1,047.36
iii. Monthly Insurance Premium (Loan Group 1) 1,047.36
iv. Reimbursement Amount (Loan Group 1) 0.00
v. Unpaid Balance of Loans Covered by Surety Bond 41,894,413.66
</TABLE>
----------------------------------------------------------------------------
<PAGE>
***************************** SERVICING CERTIFICATE ***************************
<TABLE>
<CAPTION>
Merrill Lynch Mortage Investors,Inc Current Due Period:01-Oct-95 to 31-Oct-95
Primefirst Adjustable Rate Mortage Pass-Through Certificate
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
------------
<S> <C> <C> <C>
Class A-1 Certificates, Series 1994H LIBOR +0.27% 6.14500% P & S Agreement Date: 01-May-94
Class A-2 Certificates, Series 1994H LIBOR +0.40% 6.27500% Original Settlement Date: 01-Jun-94
Class A-3 Certificates, Series 1994H LIBOR +0.80% 6.67500%
Class M Certificates, Series 1994H LIBOR +1.00% 6.87500%
Class B-1 Certificates, Series 1994H LIBOR +1.25% 7.12500% Distribution Date: 15-Nov-95
LIBOR 5.87500% WAC 8.35076% 8.09405% -Weighted Average Net Mtg Rate (Alternate Rate)
</TABLE>
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>
<C> <S> <C> <C>
35 i Class B-1 Total Distribution Allocable to Principal (P&S 6.02i ) 0.00
ii. Class B-1 Prepaid Principal 0.00
iii. Class B-1 Net Liquidation Proceeds 0.00
iv. Class B-1 Repurchase Proceeds 0.00
v. Class B-1 Unpaid Principal Shortfall 0.00
36 i. Class B-1 Total Distribution Allocable to Interest (P&S 6.02ii ) 41,329.39
ii. Class B-1 Current Interest 41,329.39
iii. Class B-1 Interest Shortfall 0.00
iv. Class B-1 Unpaid Interest Shortfall 0.00
---------------------------------------------------------------------------------------------------------------------------------
37 i. Cumulative Master Servicer Advanced Interest (P&S 6.0v) 61,281.21
ii. Cumulative Master Servicer Advanced Principal 0.00
---------------------------------------------------------------------------------------------------------------------------------
38 i. Begininng Advance Reserve Fund Balance (P&S 6.06) 550,000.00
ii. Current Advance Reserve Fund Deposit 0.00
iii. Current Advance Reserve Fund Advances 0.00
iv. Ending Advance Reserve Fund Balance 550,000.00
---------------------------------------------------------------------------------------------------------------------------------
40 Available Excess Interest 203,330.39
41 Funds transferred to Groups 2 and 3 0.00
42 Recovery of Servicer Advances (203,330.39)
43 Class R Distribution Amount For Such Distribution Date 0.00
---------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
44 Ending Group 1 Principal Balance 182,928,064.56
45 Ending Group 1 Factor 85.418241%
46 Ending Class A-1 Principal Balance 66,408,325.68
47 Ending Class A-2 Principal Balance 49,915,000.00
48 Ending Class A-3 Principal Balance 40,906,000.00
49 Ending Class M Principal Balance 18,738,000.00
50 Ending Class B-1 Principal Balance 6,960,738.88
</TABLE>
=============================================================================
<PAGE>
********************* STATEMENTS TO CERTIFICATEHOLDERS *********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-OCT-95 to 31-Oct-95
P & S Agreement Date: 01-May-94
LOAN GROUP 1 CURRENT PASS-THROUGH RATES:
<S> <C> <C> <C> <C>
Class A-1 Certificates, Series 1994H LIBOR + 0.27% 6.14500% Original Settlement Date: 01-Jun-94
Class A-2 Certificates, Series 1994H LIBOR + 0.40% 6.27500% Distribution Date: 15-Nov-95
Class A-3 Certificates, Series 1994H LIBOR + 0.80% 6.67500%
Class M Certificates, Series 1994H LIBOR + 1.00% 6.87500%
Class B-1 Certificates, Series 1994H LIBOR + 1.25% 7.12500%
LIBOR 5.87500% 8.09405% - Weighted Average Net Mtge Rate (Alternate Rate)
</TABLE>
-----------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C> <C>
1 i. Class A-1 Total Distribution Allocable to Principal 43.792015
ii. Class A-1 Prepaid Principal 43.792015
iii. Class A-1 Net Liquidation Proceeds 0.000000
iv. Class A-1 Repurchase Proceeds 0.000000
v. Class A-1 Unpaid Principal Shortfall 0.000000
2 i. Class A-1 Total Distribution Allocable to Interest 3.707249
ii. Class A-1 Current Interest 3.707249
iii. Class A-1 Interest Shortfall 0.000000
iv. Class A-1 Unpaid Interest Shortfall 0.000000
------------------------------------------------------------------------------------------------------------------------------
3 i. Class A-2 Total Distribution Allocable to Principal 0.000000
ii. Class A-2 Prepaid Principal 0.000000
iii. Class A-2 Net Liquidation Proceeds 0.000000
iv. Class A-2 Repurchase Proceeds 0.000000
v. Class A-2 Unpaid Principal Shortfall 0.000000
4 i. Class A-2 Total Distribution Allocable to Interest 5.229167
ii. Class A-2 Current Interest 5.229167
iii. Class A-2 Interest Shortfall 0.000000
iv. Class A-2 Unpaid Interest Shortfall 0.000000
- ---------------------------------------------------------------------------------------------------------------------------------
5 i. Class A-3 Total Distribution Allocable to Principal 0.000000
ii. Class A-3 Prepaid Principal 0.000000
iii. Class A-3 Net Liquidation Proceeds 0.000000
iv. Class A-3 Repurchase Proceeds 0.000000
v. Class A-3 Unpaid Principal Shortfall 0.000000
6 i. Class A-3 Total Distribution Allocable to Interest 5.562500
ii. Class A-3 Current Interest 5.562500
iii. Class A-3 Interest Shortfall 0.000000
iv. Class A-3 Unpaid Interest Shortfall 0.000000
- ---------------------------------------------------------------------------------------------------------------------------------
7 i. Class M Total Distribution Allocable to Principal (P&S 6.02i ) 0.000000
ii. Class M Prepaid Principal 0.000000
iii. Class M Net Liquidation Proceeds 0.000000
iv. Class M Repurchase Proceeds 0.000000
v. Class M Unpaid Principal Shortfall 0.000000
8 i. Class M Total Distribution Allocable to Interest 5.729167
ii. Class M Current Interest 5.729167
iii. Class M Interest Shortfall 0.000000
iv. Class M Unpaid Interest Shortfall 0.000000
------------------------------------------------------------------------------------------------------------------------------
9 i. Class B-1 Total Distribution Allocable to Principal 0.000000
ii. Class B-1 Prepaid Principal 0.000000
iii. Class B-1 Net Liquidation Proceeds 0.000000
iv. Class B-1 Repurchase Proceeds 0.000000
v. Class B-1 Unpaid Principal Shortfall 0.000000
10 i. Class B-1 Total Distribution Allocable to Interest 5.937500
ii. Class B-1 Current Interest 5.937500
iii. Class B-1 Interest Shortfall 0.000000
iv. Class B-1 Unpaid Principal Shortfall 0.000000
------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 1
------------
11 Ending Group 1 Principal Balance 182,928,064.56
12 Ending Group 1 Factor 85.418241%
13 Ending Class A-1 Principal Balance 66,408,325.68
14 Ending Class A-2 Principal Balance 49,915,000.00
15 Ending Class A-3 Principal Balance 40,906,000.00
16 Ending Class M Principal Balance 18,738,000.00
17 Ending Class B-1 Principal Balance 6,960,738.88
------------------------------------------------------------------------------------------------------------------------------
18 i. Current Master Servicer Advanced (Recovered) Interest (203,330.39)
ii. Current Master Servicer Advanced (Recovered) Principal 0.00
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquencies of Mortgage Loans 260,438.78
viii. Alternate Rate for next Distribution: 15-Dec-95 7.79495%
------------------------------------------------------------------------------------------------------------------------------
19 i. Number of Mortgage Loans 30 to 59 Days Delinquent 2
ii. Aggregate Principal Balance of Mortgage Loans 30 to 59 Days Delinquent 284,944.32
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 1
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 790,148.75
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 5
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 3,967,000.00
20 Book Value of Real Estate Aquired Through Foreclosure or a Grant of a Deed 676,000.00
</TABLE>
=============================================================================
<PAGE>
*********************SERVICING CERTIFICATE ************************************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-May-94
LOAN GROUP 2
------------
<S> <C> <C> <C> <C>
Class A-4 Certificates, Series 1994H Remittance Rate 6.92569% Original Settlement Date: 01-Jun-94
Class B-2 Certificates, Series 1994H Remittance Rate 6.92569%
Distribution Date: 15-Nov-95
WAC 7.27569% Wtd Avg Net Mortgage Rate 6.92569%
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 2
------------
<C> <S> <C> <C>
1 Beginning Group 2 Principal Balance 19,418,064.26
2 Beginning Group 2 Factor 91.215462%
- ------------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-4 Principal Balance 18,831,936.33
4 Beginning Class B-2 Principal Balance 586,127.93
- ------------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 65,193.57
6 Aggregate of all Unscheduled Principal Received 82,814.321
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 3,060.64
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13-14) 244,947.25
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 134,876.17
17 Current Servicing Fee 4,045.43
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) (17,142.99)
ii. Monthly Advance based on amounts due to Class A-4 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (17,142.99)
20 Total Interest Available For Distribution (16-17+19) 113,687.75
21 Funds transferred from Group 1 or 3 0.00
22 Total Funds Available For Distribution (15i+20+21) 358,635.00
- -----------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 244,947.25
- -----------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-4 Total Distribution Allocable to Principal (P&S 6.02i ) 244,947.25
ii. Class A-4 Scheduled Principal 62,570.83
iii. Class A-4 Unscheduled Principal 182,376.42
iv. Class A-4 Net Liquidation Proceeds 0.00
v. Class A-4 Repurchase Proceeds 0.00
vi. Class A-4 Unpaid Principal Shortfall 0.00
25 i. Class A-4 Total Distribution Allocable to Interest (P&S 6.02ii ) 108,686.79
ii. Class A-4 Scheduled Interest 108,686.79
iii. Class A-4 Other Interest 0.00
iv. Class A-4 Interest Shortfall 0.00
v. Class A-4 Unpaid Interest Shortfall 0.00
- -----------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 2) 1,569.33
ii. Monthly Insurance Premium (Loan Group 2) 1,569.33
iii. Reimbursement Amount (Loan Group 2) 0.00
- -----------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-2 Total Distribution Allocable to Principal 0.00
ii. Class B-2 Scheduled Principal 0.00
iii. Class B-2 Unscheduled Principal 0.00
iv. Class B-2 Net Liquidation Proceeds 0.00
v. Class B-2 Repurchase Proceeds 0.00
vi. Class B-2 Unpaid Principal Shortfall 0.00
28 i. Class B-2 Total Distribution Allocable to Interest 3,382.78
ii. Class B-2 Scheduled Interest 3,382.78
iii. Class B-2 Other Interest 0.00
iv. Class B-2 Interest Shortfall 0.00
v. Class B-2 Unpaid Interest Shortfall 0.00
- -----------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 85,071.82
ii. Cumulative Master Servicer Advanced Principal 52,333.35
- -----------------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 48.85
31 Distribution to Group 1 or 3 for Shortfalls 0.00
32 Recovery of Servicer Advances (48.85)
33 Class R Distribution Amount For Such Distribution Date 0.00
- -----------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
34 Ending Group 2 Principal Balance 19,173,117.01
35 Ending Group 2 Factor 90.064834%
36 Ending Class A-4 Principal Balance 18,586,989.08
37 Ending Class B-2 Principal Balance 586,127.93
</TABLE>
===============================================================================
<PAGE>
**************** SERVICING CERTIFICATE **************
<TABLE>
<CAPTION>
Merrill Lynch Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-May-94
LOAN GROUP 3
------------
<S> <C> <C> <C> <C>
Class A-5 Certificates, Series 1994H Remittance Rate 7.54932% Original Settlement Date: 01-Jun-94
Class B-3 Certificates, Series 1994H Remittance Rate 6.92569%
Distribution Date: 15-Nov-95
WAC 7.89932% Wtd Avg Net Mortgage Rate 7.54932%
</TABLE>
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
LOAN GROUP 3
------------
<C> <S> <C> <C>
1 Beginning Group 3 Principal Balance 15,831,655.46
2 Beginning GRoup 3 Factor 98.299805%
- -------------------------------------------------------------------------------------------------------------------------------
3 Beginning Class A-5 Principal Balance 15,383,175.51
4 Beginning Class B-3 Principal Balance 448,479.95
- -------------------------------------------------------------------------------------------------------------------------------
5 Aggregate of all Scheduled Principal Payments (P&S 5.08i ) 13,662.55
6 Aggregate of all Unscheduled Principal Received (Payoffs & Curtailments) 297,577.11
7 Aggregate of any Net Liquidation Proceeds Received (P&S 5.08ii ) 0.00
8 Aggregate of any Insurance Proceeds Received (P&S 5.08iii ) 0.00
9 Aggregate of any Awards or Settlements From Condemnation Proceedings (P&S 5.08iv ) 0.00
10 Aggregate of any Proceeds From Repurchased Mortgage Loans (P&S 5.08v ) 0.00
11 Aggregate of any Revenues From Fidelity Bond or Mortgage Interest Insurance Policy (P&S 5.08vi ) 0.00
12 Aggregate of any Revenues From Foreclosure or Deed Net of any Advances (P&S 5.08vii ) 0.00
13 Current Principal Advances 0.00
14 Current Servicer Principal Reimbursements 998.94
15 i. Total Principal Available For Distribution (5+6+7+8+9+10+11+12+13+14) 310,240.72
ii. Loss on Liquidated Mortgage Loans 0.00
16 Aggregate of all Interest Payments Received (P&S 5.09 ) 110,228.43
17 Current Servicing Fee 3,298.26
18 i. Monthly Advance (Recovery) based on delinquent accounts (P&S 6.02vii ) (6,012.34)
ii. Monthly Advance based on amounts due to Class A-5 Certificateholders 0.00
19 Current Servicer Interest Advance (Recovery) (P&S 6.03 ) (6,012.34)
20 Total Interest Available For Distribution (16-17+19) 100,917.83
21 Funds transferred from Group 1 or 2 0.00
22 Total Funds Available For Distribution (15i+20+21) 411,158.55
- -------------------------------------------------------------------------------------------------------------------------------
23 Formula Principal Distribution Amount 310,240.72
- -------------------------------------------------------------------------------------------------------------------------------
24 i. Class A-5 Total Distribution Allocable to Principal (P&S 6.02i ) 310,240.72
ii. Class A-5 Scheduled Principal 12,849.68
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 297,391.04
iv. Class A-5 Net Liquidation Proceeds 0.00
v. Class A-5 Repurchase Proceeds 0.00
vi. Class A-5 Unpaid Principal Shortfall 0.00
25 i. Class A-5 Total Distribution Allocable to Interest (P&S 6.02ii ) 96,777.10
ii. Class A-5 Scheduled Interest 96,777.10
iii. Class A-5 Other Interest 0.00
iv. Class A-5 Interest Shortfall 0.00
v. Class A-5 Unpaid Interest Shortfall 0.00
- -------------------------------------------------------------------------------------------------------------------------------
26 i. Total Amount to Certificate Insurer (Loan Group 3) 1,281.93
ii. Monthly Insurance Premium (Loan Group 3) 1,281.93
iii. Reimbursement Amount (Loan Group 3) 0.00
- -------------------------------------------------------------------------------------------------------------------------------
27 i. Class B-3 Total Distribution Allocable to Principal 0.00
ii. Class B-3 Scheduled Principal 0.00
iii. Class B-3 Unscheduled Principal 0.00
iv. Class B-3 Net Liquidation Proceeds 0.00
v. Class B-3 Repurchase Proceeds 0.00
vi. Class B-3 Unpaid Principal Shortfall 0.00
28 i. Class B-3 Total Distribution Allocable to Interest 2,588.36
ii. Class B-3 Scheduled Interest 2,588.36
iii. Class B-3 Other Interest 0.00
iv. Class B-3 Interest Shortfall 0.00
v. Class B-3 Unpaid Interest Shortfall 0.00
- -------------------------------------------------------------------------------------------------------------------------------
29 i. Cumulative Master Servicer Advanced Interest (P&S 6.02v ) 92,169.96
ii. Cumulative Master Servicer Advanced Principal 11,362.92
----------------------------------------------------------------------------------------------------------------------------
30 Available Excess Interest 270.44
31 Distribution to Group 1 or 2 for Shortfalls 0.00
32 Recovery of Servicer Advances (270.44)
33 Class R Distribution Amount For Such Distribution Date 0.00
----------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
34 Ending Group 3 Principal Balance 15,521,414.74
35 Ending Group 3 Factor 96.373500%
36 Ending Group A-5 Principal Balance 15,072,934.79
37 Ending Group B-3 Principal Balance 448,479.95
</TABLE>
============================================================================
<PAGE>
************************ STATEMENT TO CERTIFICATEHOLDERS ***********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date: 01-May-94
LOAN GROUP 2
------------
<S> <C> <C>
Class A-4 Certificates, Series 1994H Original Settlement Date: 01-Jun-94
Class B-2 Certificates, Series 1994H Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
Distribution to Holders of Certificate (per Certificates with a $1,000
denomination)
<TABLE>
<C> <S> <C> <C>
1 i. Class A-4 Total Distribution Allocable to Principal 11.832057
ii. Class A-4 Scheduled Principal 3.022453
iii. Class A-4 Unscheduled Principal 8.809604
iv. Class A-4 Net Liquidation Proceeds 0.000000
v. Class A-4 Repurchase Proceeds 0.000000
vi. Class A-4 Unpaid Principal Shortfall 0.000000
2 i. Class A-4 Total Distribution Allocable to Interest 5.250062
ii. Class A-4 Schedule Interest 5.250062
iii. Class A-4 Other Interest 0.000000
iv. Class A-4 Interest Shortfall 0.000000
v. Class A-4 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
3 i. Class B-2 Total Distribution Allocable to Principal 0.000000
ii. Class B-2 Scheduled Principal 0.000000
iii. Class B-2 Unscheduled Principal 0.000000
iv. Class B-2 Net Liquidation Proceeds 0.000000
v. Class B-2 Repurchase Proceeds 0.000000
vi. Class B-2 Unpaid Principal Shortfall 0.000000
4 i. Class B-2 Total Distribution Allocable to Interest 5.771402
ii. Class B-2 Schedule Interest 5.771402
iii. Class B-2 Other Interest 0.000000
iv. Class B-2 Interest Shortfall 0.000000
v. Class B-2 Unpaid Interest Shortfall 0.000000
- ------------------------------------------------------------------------------------------------------------------------------------
LOAN GROUP 2
------------
5 Ending Group 2 Principal Balance 19,173,117.01
6 Ending Group 2 Factor 90.064834%
7 Ending Class A-4 Principal Balance 18,586,989.08
8 Ending Class B-2 Principal Balance 586,127.93
- ------------------------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (17,191.84)
ii. Current Master Servicer Advanced (Recovered) Principal (3,080.64)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 1,380.20
viii. Amount of Delinquent Interest of Mortgage Loans 2,501.18
ix. CLASS A-4 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.92793%
x. CLASS B-2 PASS-THROUGH RATE FOR NEXT DISTRIBUTION: 15-DEC-95 6.92793%
- ------------------------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 2
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 days Delinquent 394,733.53
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 0
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 0.00
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
================================================================================
<PAGE>
********************** STATEMENT TO CERTIFICATEHOLDERS **********************
<TABLE>
<CAPTION>
Merrill Lynch Mortgage Investors, Inc.
Primefirst Adjustable Rate Mortgage Pass-Through Certificates Current Due Period: 01-Oct-95 to 31-Oct-95
P & S Agreement Date 01-May-94
LOAN GROUP 3
------------
<S> <C> <C>
Class A-5 Certificates, Series 1994H Original Settlement 01-Jun-94
Class B-3 Certificates, Series 1994H Distribution Date: 15-Nov-95
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Distribution to Holders of Certificates (per Certificate with a $1,000 denomination)
<C> <S> <C>
1 i. Class A-5 Total Amount Allocable to Principal 19.814825
ii. Class A-5 Scheduled Principal 0.820699
iii. Class A-5 Unscheduled Principal (Payoffs & Curtailments) 18.994127
iv. Class A-5 Net Liquidation Proceeds 0.000000
v. Class A-5 Repurchase Proceeds 0.000000
vi. Class A-5 Unpaid Principal Shortfall 0.000000
2 i. Class A-5 Total Distribution Allocable to Interest 6.181076
ii. Class A-5 Scheduled Interest 6.181076
iii. Class A-5 Other Interest 0.000000
iv. Class A-5 Interest Shortfall 0.000000
v. Class A-5 Unpaid Interest Shortfall 0.000000
- ----------------------------------------------------------------------------------------------------------------------
3 i. Class B-3 Total Distribution Allocable to Principal 0.000000
ii. Class B-3 Scheduled Principal 0.000000
iii. Class B-3 Unscheduled Principal 0.000000
iv. Class B-3 Net Liquidation Proceeds 0.000000
v. Class B-3 Repurchase Proceeds 0.000000
vi. Class B-3 Unpaid Principal Shortfall 0.000000
4 i. Class B-3 Total Distribution Allocable to Interest 5.771406
ii. Class B-3 Scheduled Interest 5.771406
iii. Class B-3 Other Interest 0.000000
iv. Class B-3 Interest Shortfall 0.000000
v. Class B-3 Unpaid Interest Shortfall 0.000000
- ----------------------------------------------------------------------------------------------------------------------
LOAN GROUP 3
------------
5 Ending Group 3 Principal Balance 15,521,414.74
6 Ending Group 3 Factor 96.373500%
7 Ending Class A-5 Principal Balance 15,072,934.79
8 Ending Class B-3 Principal Balance 448,479.95
- ----------------------------------------------------------------------------------------------------------------------
9 i. Current Master Servicer Advanced (Recovered) Interest (6,282.78)
ii. Current Master Servicer Advanced (Recovered) Principal (998.94)
iii. Current Trustee Advanced Interest 0.00
iv. Current Trustee Advanced Principal 0.00
v. Additional Servicing Compensation 0.00
vi. Amount of Servicing Advances Paid by Servicer 0.00
vii. Amount of Delinquent Principal of Mortgage Loans 391.85
viii. Amount of Delinquent Interest of Mortgage Loans 4,333.90
ix. Class A-5 Pass-Through Rate for next Distribution: 15-Dec-95 7.52831%
x. Class B-3 Pass-Through Rate for next Distribution: 15-Dec-95 6.92793%
- ----------------------------------------------------------------------------------------------------------------------
10 i. Number of Mortgage Loans 30 to 59 Days Delinquent 1
ii. Aggregate Principal Balances of Mortgage Loans 30 to 59 days Delinquent 178,113.08
iii. Number of Mortgage Loans 60 to 89 Days Delinquent 1
iv. Aggregate Principal Balances of Mortgage Loans 60 to 89 Days Delinquent 209,023.74
v. Number of Mortgage Loans 90 or More Days Delinquent 0
vi. Aggregate Principal Balances of Mortgage Loans 90 or More Days Delinquent 0.00
vii. Number of Mortgage Loans in Foreclosure 0
viii. Aggregate Principal Balances of Mortgage Loans in Foreclosure 0.00
11 Book Value of Real Estate Aquired Through Foreclosure or Grant of a Deed 0.00
</TABLE>
================================================================================
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