SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
X Annual Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
[ ] Transition Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934 (No Fee Required)
For the Fiscal Year Ended December 31, 1997
Commission file numbers:
33-66222
Citicorp Mortgage Securities, Inc.
(Issuer in respect of the REMIC Pass-Through Certificates
Series 1997-1 through 1997-7)
(the "Certificates")
--------------------
(Exact name of Registrant as specified in its charter)
Delaware 13-3408713
------------------------------- ----------------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
399 Park Avenue
New York, New York 10043
------------------------------- ----------
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number, including area code: (212) 559-6727.
--------------
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act: Certificates
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes X . No .
----- -----
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (ss. 229.405 of this chapter) is not contained herein, and
will not be contained, to the best of Registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [x]
<PAGE>
State the aggregate market value of the voting stock held by
non-affiliates of the Registrant. The aggregate market value shall be computed
by reference to the price at which the stock was sold, or the average bid and
asked priced of such stock, as of a specified date within 60 days prior to the
date of filing. (See definition of affiliate in Rule 405). NOT APPLICABLE
<PAGE>
PART I
Item 1. Business
Omitted pursuant to an exemptive order dated July 10, 1987 (the
"Exemptive Order").
Item 2. Properties
The Annual Statement of Compliance for the Registrant's REMIC
Pass-Through Certificates Series 1997-1 through 1997-7 is included as Exhibit
99(a)(1) hereto.
Item 3. Legal Proceedings.
The Registrant knows of no material pending legal proceedings involving
either the trusts evidenced by the Certificates, the Registrant, the custodians
(as to each trust, Citicorp Mortgage, Inc. ("CMI")), the subservicer (as to each
trust, CMI), or the trustee (as to the trust for Series 1997-1, 1997-3, `997-5
and 1997-7, State Street Bank and Trust Company and as to the trust for Series
1997-2 and 1997-4, The Bank of New York) with respect to each such trust, other
than routine litigation incidental to the business of the Registrant or each
such custodian, subservicer or trustee.
Item 4. Submission of Matters to a Vote of Security-Holders.
None.
<PAGE>
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
(a) To the best of Registrant's knowledge, there is no established
public trading market for the Certificates.
(b) As of January 29, 1998, the number of holders of the Certificates
was as follows:
Number of
Series Holders
------ -------
1997-1 30
1997-2 22
1997-3 21
1997-4 12
1997-5 30
1997-6 1
1997-7 15
(c) Omitted pursuant to the Exemptive Order.
Item 6. Selected Financial Data.
Omitted pursuant to the Exemptive Order.
Item 7. Management's Discussion and Analysis of Financial Condition and Results
of Operation.
Omitted pursuant to the Exemptive Order.
Item 8. Financial Statements and Supplementary Data.
In accordance with the Exemptive Order, the Annual Statement of
Compliance and the Annual Independent Accountant's Servicing Reports for the
Registrant's REMIC Pass-Through Certificates Series 1997-1 through 1997-7 are
included herein as Exhibits 99(a) (1) and 99(a) (2), respectively.
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.
None.
PART III
Item 10. Directors and Executive Officers of the Registrant.
Omitted pursuant to the Exemptive Order.
Item 11. Executive Compensation.
Omitted pursuant to the Exemptive Order.
<PAGE>
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Omitted pursuant to the Exemptive Order.
Item 13. Certain Relationships and Related Transactions.
Omitted pursuant to the Exemptive Order.
PART IV
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) Exhibits
1 The Registrant's Annual Statement of Compliance with respect to
the Certificates as to which Citicorp Mortgage, Inc. ("CMI"),
acts as subservicer. (Exhibit 99(a)(1))
2 Annual Independent Accountants' Servicing Report with respect to
the Certificates as to which CMI acts as subservicer.(Exhibit
99(a)(2))
(b) Current Reports on Form 8-K
The Registrant filed the following Current Reports on Form 8-K
during the fiscal year ended December 31, 1996:
Series Date of Report
----------- --------------
CMSI 1997-1 February 25, 1997
CMSI 1997-2 May 28, 1997
CMSI 1997-3 August 28, 1997
CMSI 1997-4 November 3, 1997
CMSI 1997-5 November 20, 1997
CMSI 1997-6 November 25, 1997
CMSI 1997-7 November 23, 1997
The above Report sets forth under Item 2 thereof the "Detailed
Description of the Mortgage Pool and the Mortgaged Properties" relating to the
Series of Certificates to which the Report relates.
The above report sets forth under Item 5 thereof the Computational
Materials (as defined in the no-action letter dated May 20, 1994 issued by the
Securities and Exchange Commission to Kidder Peabody Acceptance Corporation-I,
Kidder Peabody & Co. Incorporated and Kidder Structured Asset Corporation)
and/or Structural Term Sheets (as defined in the no-action letter dated February
17, 1995 issued by the Securities and Exchange Commission to the Public
Securities Association) that are required to be filed pursuant to such letters.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
CITICORP MORTGAGE SECURITIES, INC. (Registrant)
By: /s/Andrew E. La Barbera
---------------------------
Name: Andrew E. La Barbera
Title: President
Dated: March 28, 1998
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below on March 28, 1998 by the following persons on
behalf of the Registrant in the capacities indicated.
Signature Capacity
--------- --------
/s/Andrew E. La Barbera Chairman of the Board and
------------------------------ a Director (Principal
(Andrew E. La Barbera) Executive Officer)
/s/ David W. Young Director
------------------------------
(David W. Young)
/s/ James Levites Director
------------------------------
(James Levites)
/s/ John Outland Senior Vice President,Chief
------------------------------ Financial Officer(Principal
(John Outland) Financial Officer and
Principal Accounting Officer)
<PAGE>
EXHIBIT INDEX
Exhibit No.
- -----------
99(a)(1) The Registrant's Annual Statement of Compliance with
respect to the Registrant's Mortgage Pass-Through
Certificates and REMIC Pass-Through Certificates as to
which CMI acts as subservicer.
99(a)(2) Annual Independent Accountants' Servicing Report with
respect to the Registrant's Mortgage Pass-Through
Certificates and REMIC Pass-Through Certificates as to
which CMI acts as subservicer.
Citicorp Mortgage, Inc.
OFFICER'S CERTIFICATE
ANNUAL STATEMENT OF COMPLIANCE
Citicorp Mortgage Securities, Inc.
REMIC Pass-Through Certoificates
Per The Attached List
---------------------
I, Patsy M. Barker, Vice Presdient of Citicorp Mortgage, Inc. ("CMI"),
pursuant to the Subservicing Agreements (the Subservicing Agreements") under
which Citicorp Mortgage Securities, Inc. has delegated duties required to be
performed by it under the Poooling and Serviucing Agreements (the "Pooling
Agreements") relating to the above-referenced Certificates to CMI, hereby
certify that:
(A) A review of the activities of CMI during the preceding calender
year and of its performance as subservicer under the Subservicing
Agreements and Poooling Agreements has been made under my supervision;
and
(B) To the best of my knowledge, based on such review, CMI has
fulfilled all of its obligations as subservicer under the Subservicing
Agreements and Pooling Agreements thoughout the preceding calender year.
IN WITNESS WHEREOF, I have executed this Certificate as of March 31, 1998.
BY: /s/ Patsy M. Barker
-----------------------
NAME: Patsy M. Barker
TITLE: Vice President
<PAGE>
CITICORP MORTGAGE SECURITIES, INC.
Series 1992-12
1992-13 1992-13A AND 1992-13B
1992-14
1992-15
1992-16
1992-17
1992-18
1992-19
1993-1
1993-3, 1993-FX AND 1993-HK
1993-5
1993-7
1993-9
1993-11, 1993-11FX AND 1993-11HK
1993-13, 1993-13FX AND 1993-13HK
1994-1
1994-3
1994-5
1994-7
1994-9
1994-11
1994-13
1995-2, 1995-2P AND 1995-2D
1995-3, 1995-3P AND 1995-3D
1997-1, 1997-1P AND 1997-1D
1997-3, 1997-3P AND 1997-3D
1997-5, 1997-5P AND 1997-5D
1997-7, 1997-7P AND 1997-7D
<PAGE>
CITICORP MORTGAGE SECURITIES, INC.
Series 1992-20, 1992-20FX AND 1992-20HK
1993-2
1993-4
1993-6, 1993-6FX AND 1993-6HK
1993-8, 1993-8FX AND 1993-8HK
1993-10
1993-12
1993-14
1994-2
1994-4, 1994-FX AND 1994-4HK
1994-6
1994-8
1994-10
1994-12, 1994-12FX AND 1994-12HK
1995-1, 1995-1P AND 1995-1D
1996-1, 1996-1P AND 1996-1D
1997-2, 1997-2P AND 1997-2D
1997-4, 1997-4P AND 1997-4D
1997-6
[Logo] KPMG Peat Marwick
Independent Auditor's Report
The Board of Directors
Citicorp Mortgage, Inc.
12855 North Outer Forty Drive
St. Louis, Missouri 63141
Mercantile Bank N.A.
One Mercantile Center
17th Floor
St. Louis, Missouri 63101
Citibank, N.A.
399 Park Avenue
New York, New York 10043
We have audited the consolidated financial statements of Citicorp Mortgage, Inc.
(an indirect wholly owned subsidiary of Citicorp) and subsidiaries (the Company)
as of and for the year ended December 31, 1997, and have issued our report
thereon dated February 20, 1998. We conducted our audit in accordance with
generally accepted auditing standards. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.
In connection with our audit, nothing came to our attention that caused us to
believe that the Company failed to comply with the requirements applicable to
HUD-approved Title II non-supervised mortgagee and loan correspondents, as
specified in the Consolidated Audit Guide for Audits of HUD Programs (the
Guide), issued by the U.S. Department of Housing and Urban Development, Office
of the Inspector General in August 1997 insofar as they relate to accounting
matters related to the Mortgage Pass-Thru Certificates referred to in Exhibit I.
However, our audit was not directed primarily toward obtaining knowledge of such
noncompliance.
This report is intended for the information and use of the Board of Directors,
management of the Company and the Trustee and should not be distributed or used
for any other purpose.
/s/ KPMG Peat Marwick LLP
February 20, 1998
<PAGE>
Exhibit I
CITICORP MORTGAGE INC. AND SUBSIDIARIES
(An Indirect Wholly Owned Subsidiary of Citicorp)
Mortgage Pass-Through Certificates
December 31, 1997
Citicorp Homeowners, Inc. Series 1987-2
Citibank, N.A. Series 1981-A
Citibank, N.A. Series 1981-B
Citibank, N.A. Series 1983-B
Citibank, N.A. Series 1985-A
Citibank, N.A. Series 1985-H
Citibank, N.A. Series 1985-K
Citibank, N.A. Series 1986-C
Citibank, N.A. Series 1986-F
Citibank, N.A. Series 1986-J
Citibank, N.A. Series 1986-L
Citibank, N.A. Series 1986-N
Citibank, N.A. Series 1986-O
Citibank, N.A. Series 1986-P
Citibank, N.A. Series 1986-Q
Citibank, N.A. Series 1986-R
Citibank, N.A. Series 1986-S
Citibank, N.A. Series 1986-T
Citibank, N.A. Series 1987-A
Citibank, N.A. Series 1987-B
Citibank, N.A. Series 1987-C
Citibank, N.A. Series 1987-D
Citibank, N.A. Series 1987-E
Citibank, N.A. Series 1987-F
Citibank, N.A. Series 1989 Co/op
Citicorp Mortgage Securities, Inc. Series 1987-1
Citicorp Mortgage Securities, Inc. Series 1987-2
Citicorp Mortgage Securities, Inc. Series 1987-3
Citicorp Mortgage Securities, Inc. Series 1987-4
Citicorp Mortgage Securities, Inc. Series 1987-5
Citicorp Mortgage Securities, Inc. Series 1987-8
Citicorp Mortgage Securities, Inc. Series 1987-9
Citicorp Mortgage Securities, Inc. Series 1987-10
Citicorp Mortgage Securities, Inc. Series 1987-11
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc.
Citibank, N.A. Series 1987-13A
Citicorp Mortgage Securities, Inc. Series 1987-14
Citicorp Mortgage Securities, Inc. Series 1987-17
Citicorp Mortgage Securities, Inc.
Citibank, N.A. Series 1987-18A
Citicorp Mortgage, Inc. Series 1987-18B
Citicorp Mortgage Securities, Inc.
Citibank, N.A. Series 1987-20A
Citicorp Mortgage Securities Inc.
Citicorp Mortgage, Inc. Series 1988-1A
Citicorp Mortgage Securities, Inc. Series 1988-3
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-4A
Citibank, N.A. Series 1988-4B
Citicorp Savings of Illinois, A Federal S&L Assoc. Series 1988-4C
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-5A
Citibank, N.A. Series 1988-5B
Citicorp Savings of Florida, A Federal S&L Assoc. Series 1988-5C
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-6A
Citibank, N.A. Series 1988-6B
Citicorp Mortgage Securities, Inc. Series 1988-8
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-9A
Citibank, N.A. Series 1988-9B
2
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-10A
Citibank, N.A. Series 1988-10B
Citicorp Savings of Florida, A Federal S&L Assoc. Series 1988-10C
Citicorp Mortgage Securities, Inc. Series 1988-11
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-13A
Citibank, N.A. Series 1988-13B
Citicorp Savings of Illinois, A Federal S&L Assoc. Series 1988-13C
Citicorp Mortgage Securities, Inc. Series 1988-15
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-16A
Citibank, N.A. Series 1988-16B
Citicorp Savings of Florida, A Federal S&L Assoc. Series 1988-16C
Citicorp Mortgage Securities, Inc. Series 1988-17
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-18A
Citibank, N.A. Series 1988-18B
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1988-19A
Citibank, N.A. Series 1988-19B
Citicorp Savings of Florida, A Federal S&L Assoc. Series 1988-19C
Citicorp Mortgage Securities, Inc. Series 1988-20
Citicorp Mortgage Securities, Inc. Series 1989-1
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-2A
Citibank, N.A. Series 1989-2B
Citicorp Savings of Illinois, A Federal S&L Assoc. Series 1989-2C
3
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-4A
Citibank, N.A. Series 1989-4B
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-5A
Citibank, N.A. Series 1989-5B
Citicorp Mortgage Securities, Inc. Series 1989-6
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-8A
Citibank, N.A. Series 1989-8B
Citicorp Mortgage Securities, Inc. Series 1989-9
Citicorp Mortgage Securities, Inc. Series 1989-12
Citicorp Mortgage Securities, Inc. Series 1989-13
Citicorp Mortgage Securities,Inc. Series 1989-16
Citicorp Mortgage Securities, Inc. Series 1989-17
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-A1
Citibank, N.A. Series 1989-A2
Citicorp Savings of Florida, A Federal S&L Assoc. Series 1989-A3
Citicorp Savings of Illinois, A Federal S&L Assoc. Series 1989-A4
Citicorp Mortgage Securities, Inc. Series 1989-19
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-C1
Citibank, N.A. Series 1989-C2
Citicorp Savings of Illinois, A Federal S&L Assoc. Series 1989-C3
Citicorp Savings of California, A Federal S&L Assoc. Series 1989-C4
4
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1989-D1
Citibank, N.A. Series 1989-D2
Citicorp Savings of California, A Federal S&L Assoc. Series 1989-D3
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-5A
Citibank, N.A. Series 1990-5B
Citibank, Federal Savings Bank Series 1990-5C
Citibank Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-6A
Citibank, N.A. Series 1990-6B
Citibank, Federal Savings Bank Series 1990-6C
Citibank, Federal Savings Bank Series 1990-6D
Citibank Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-7A
Citibank, N.A. Series 1990-7B
Citibank, Federal Savings Bank Series 1990-7C
Citibank, Federal Savings Bank Series 1990-7D
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-8A
Citibank, N.A. Series 1990-8B
Citibank, Federal Savings Bank Series 1990-8C
Citibank, Federal Savings Bank Series 1990-8D
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-9A
Citibank, N.A. Series 1990-9B
Citibank, Federal Savings Bank Series 1990-9C
Citibank, Federal Savings Bank Series 1990-9D
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-10A
Citibank, N.A. Series 1990-10B
Citibank, Federal Savings Bank Series 1990-10C
Citibank, Federal Savings Bank Series 1990-10D
5
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-11A
Citibank, N.A. Series 1990-11B
Citibank, Federal Savings Bank Series 1990-11C
Citibank, Federal Savings Bank Series 1990-11D
Citibank, Federal Savings Bank Series 1990-11E
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-12A
Citibank, N.A. Series 1990-12B
Citibank, Federal Savings Bank Series 1990-12C
Citicorp Mortgage Securities, Inc. Series 1990-14
Citicorp Mortgage Securities, Inc. Series 1990-16
Citicorp Mortgage Securities, Inc. Series 1990-17
Citicorp Mortgage Securities, Inc. Series 1990-18
Citicorp Mortgage Securities, Inc. Series 1990-19
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-A1
Citibank, N.A. Series 1990-A2
Citicorp Savings of California, A Federal S&L Assoc. Series 1990-A3
Citicorp Mortgage Securities, Inc.
Citicorp Mortgage, Inc. Series 1990-B1
Citibank, N.A. Series 1990-B2
Citibank, Federal Savings Bank Series 1990-B3
Citicorp Mortgage Securities, Inc. Series 1990-D
Citicorp Mortgage Trust III
Citicorp Mortgage, Inc. Series 1990-IIIA
Citibank, N.A. Series 1990-IIIB
Citicorp Savings of California, A Federal S&L Assoc. Series 1990-IIIC
Citicorp Mortgage Trust IV
Citicorp Mortgage, Inc. Series 1990-IVA
Citibank, N.A. Series 1990-IVB
Citibank, Federal Savings Bank Series 1990-IVC
Citibank, Federal Savings Bank Series 1990-IVD
6
<PAGE>
Exhibit I Cont.
---------------
Citibank, Federal Savings Bank Series 1990-IVE
Citicorp Mortgage Securities, Inc. Series 1991-1
Citicorp Mortgage Securities, Inc. Series 1991-2
Citicorp Mortgage Securities, Inc. Series 1991-3
Citicorp Mortgage Securities, Inc. Series 1991-4
Citicorp Mortgage Securities, Inc. Series 1991-5
Citicorp Mortgage Securities, Inc. Series 1991-6
Citicorp Mortgage Securities, Inc. Series 1991-7
Citicorp Mortgage Securities, Inc. Series 1991-8
Citicorp Mortgage Securities, Inc. Series 1991-9
Citicorp Mortgage Securities, Inc. Series 1991-11
Citicorp Mortgage Securities, Inc. Series 1991-13
Citicorp Mortgage Securities, Inc. Series 1991-14
Citicorp Mortgage Securities, Inc. Series 1991-15
Citicorp Mortgage Securities, Inc. Series 1991-16
Citicorp Mortgage Securities, Inc. Series 1991-17
Citicorp Mortgage Securities, Inc. Series 1991-18
Citicorp Mortgage Securities, Inc. Series 1991-A
Citicorp Mortgage Securities, Inc. Series 1992-1
Citicorp Mortgage Securities, Inc. Series 1992-2
Citicorp Mortgage Securities, Inc. Series 1992-3
Citicorp Mortgage Securities, Inc. Series 1992-4
Citicorp Mortgage Securities, Inc. Series 1992-5
Citicorp Mortgage Securities, Inc. Series 1992-7
Citicorp Mortgage Securities, Inc. Series 1992-8
Citicorp Mortgage Securities, Inc. Series 1992-9
Citicorp Mortgage Securities, Inc. Series 1992-10
Citicorp Mortgage Securities, Inc. Series 1992-11
Citicorp Mortgage Securities, Inc. Series 1992-12
Citicorp Mortgage Securities, Inc. Series 1992-13
Citicorp Mortgage Securities, Inc. Series 1992-14
Citicorp Mortgage Securities, Inc. Series 1992-15
Citicorp Mortgage Securities, Inc. Series 1992-16
Citicorp Mortgage Securities, Inc. Series 1992-17
Citicorp Mortgage Securities, Inc. Series 1992-18
Citicorp Mortgage Securities, Inc. Series 1992-19
Citicorp Mortgage Securities, Inc. Series 1992-20
7
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc. Series 1993-1
Citicorp Mortgage Securities, Inc. Series 1993-2
Citicorp Mortgage Securities, Inc. Series 1993-3
Citicorp Mortgage Securities, Inc. Series 1993-4
Citicorp Mortgage Securities, Inc. Series 1993-5
Citicorp Mortgage Securities, Inc. Series 1993-6
Citicorp Mortgage Securities, Inc. Series 1993-7
Citicorp Mortgage Securities, Inc. Series 1993-8
Citicorp Mortgage Securities, Inc. Series 1993-9
Citicorp Mortgage Securities, Inc. Series 1993-10
Citicorp Mortgage Securities, Inc. Series 1993-11
Citicorp Mortgage Securities, Inc. Series 1993-12
Citicorp Mortgage Securities, Inc. Series 1993-13
Citicorp Mortgage Securities, Inc. Series 1993-14
Citicorp Mortgage Securities, Inc. Series 1994-1
Citicorp Mortgage Securities, Inc. Series 1994-2
Citicorp Mortgage Securities, Inc. Series 1994-3
Citicorp Mortgage Securities, Inc. Series 1994-4
Citicorp Mortgage Securities, Inc. Series 1994-5
Citicorp Mortgage Securities, Inc. Series 1994-6
Citicorp Mortgage Securities, Inc. Series 1994-7
Citicorp Mortgage Securities, Inc. Series 1994-8
Citicorp Mortgage Securities, Inc. Series 1994-9
Citicorp Mortgage Securities, Inc. Series 1994-10
Citicorp Mortgage Securities, Inc. Series 1994-11
Citicorp Mortgage Securities, Inc. Series 1994-12
Citicorp Mortgage Securities, Inc. Series 1994-13
Citicorp Mortgage Securities, Inc. Series 1995-1
Citicorp Mortgage Securities, Inc. Series 1995-2
Citicorp Mortgage Securities, Inc. Series 1995-3
Citicorp Mortgage Securities, Inc. Series 1996-1
Citicorp Mortgage Securities, Inc. Series 1997-1
Citicorp Mortgage Securities, Inc. Series 1997-2
Citicorp Mortgage Securities, Inc. Series 1997-3
Citicorp Mortgage Securities, Inc. Series 1997-4
8
<PAGE>
Exhibit I Cont.
---------------
Citicorp Mortgage Securities, Inc. Series 1997-5
Citicorp Mortgage Securities, Inc. Series 1997-6
Citicorp Mortgage Securities, Inc. Series 1997-7
