FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
8-K, 1999-09-28
ASSET-BACKED SECURITIES
Previous: S3 INC, 8-A12G/A, 1999-09-28
Next: FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC, 8-K, 1999-09-28



                       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 :  September 16,1999

(Date of earliest event reported)

Commission File No.:   333-48943

First Union Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series FUNB 1999-C1
(Exact name of registrant as specified in its charter)


New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)


52-2154872    52-2154874
52-2154873    52-2154857
(I.R.S. Employer Identification No.)

c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, Maryland                                                   21044
(Address of principal executive offices)                         (Zip Code)


(410) 884-2000
Registrant's Full Telephone Number

(Former name, former address and former fiscal year,
               if changed since last report)


ITEM 5.  Other Events

On September 16, 1999 a distribution was made to holders of First Union
Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates
Series FUNB 1999-C1


ITEM 7.  Financial Statements and Exhibits

(c)  Exhibits

Item 601(a) of
Regulation S-K
Exhibit Number                       Description

(EX-99.1)      Monthly report distributed to holders of Commercial Mortgage
               Pass-Through Certificates, Series FUNB 1999-C1, relating to the
               September 16, 1999 distribution


Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.

First Union Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series FUNB 1999-C1


September 27, 1999   by Norwest Bank Minnesota, N.A., as Trustee
                   /s/ Sherri J. Sharps, Vice President


                                 INDEX TO EXHIBITS


Exhibit Number                       Description

(EX-99.1)      Monthly report distributed to holders of Commercial Mortgage
               Pass-Through Certificates, Series FUNB 1999-C1 Trust, relating
               to the September 16, 1999 distribution






Norwest Bank Minnesota, N. A.
Corporate Trust Services           First Union Commercial Mortgage Trust
3 New York Plaza, 15th Floor       Commercial Mortgage Pass-Through Certificates
New York, NY 10004                 Series FUNB 1999-C1


For Additional Information, please contact
Leslie Gaskill
(212)515-5254

Reports Available on the World Wide Web
@ www.ctslink.com/cmbs

Payment Date: 09/16/99
Record Date:  08/31/99





                            DISTRIBTION DATE STATEMENT

                                  Table of Contents
STATEMENT SECTIONS                                               PAGE(s)

Certificate Distribution Detail                                            2
Certificate Factor Detail                                                  3
Reconciliation Detail                                                      4
Other Required Information                                                 5
Ratings Detail                                                             6
Current Mortgage Loan and Property Stratification Tables                 7 - 9
Mortgage Loan Detail                                                    10 - 16
Principal Prepayment Detail                                               17
Historical Detail                                                         18
Delinquency Loan Detail                                                   19
Specially Serviced Loan Detail                                          20 - 21
Modified Loan Detail                                                      22
Liquidated Loan Detail                                                    23

This  report has been  compiled  from  information  provided  to Norwest by
various third parties, which may include the Servicer, Master Servicer,  Special
Servicer and others.  Norwest has not  independently  confirmed  the accuracy of
information  received  from these  third  parties  and assumes no duty to do so.
Norwest expressly  disclaims any responsibility for the accuracy or completeness
of information furnished by third parties.



     Underwriter
First Union Capital Markets
One First Union Center
301 South College Street
Charlotte, NC  28288
Contact: Craig M. Lieberman
Phone Number: (704) 383-7407

      Master Servicer
First Union National Bank
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC  28288
Contact:  Timothy S. Ryan
Phone Number:  (704) 593-7878

    Special Servicer
Lennar Partners, Inc.
700 N. W. 107th Avenue
Miami, FL  33172
Contact: Steve Bruha
Phone Number:(305) 229-6614

Copyright 1997, Norwest Bank Minnesota, N.A.


<TABLE>
<CAPTION>

                      Certificate Distribution Detail

   Class              CUSIP                    Pass- Through      Original            Beginning           Principal
                                                  Rate           Balance              Balance           Distribution
<S>                  <C>                    <C>           <C>                 <C>                  <C>
       A-1            33735PAE7                     5.730000%  222,414,204.63         214,851,055.59        1,028,374.81
       A-2            33735PAF4                     6.070000%  608,949,000.00         608,949,000.00                0.00
        B             33735PAH0                     6.220000%   58,273,000.00          58,273,000.00                0.00
        C             33735PAJ6                     6.689036%   61,186,000.00          61,186,000.00                0.00
        D             33735PAK3                     7.169036%   67,014,000.00          67,014,000.00                0.00
        E             33735PAL1                     7.169036%   17,482,000.00          17,482,000.00                0.00
        F             33735PAB3                     5.350000%   52,445,000.00          52,445,000.00                0.00
        G             33735PAC1                     5.350000%   37,877,000.00          37,877,000.00                0.00
        H             33735PAD9                     5.350000%   37,878,045.00          37,878,045.00                0.00
       R-I               N/A                        0.000000%            0.00                   0.00                0.00
      R-II               N/A                        0.000000%            0.00                   0.00                0.00
      R-III              N/A                        0.000000%            0.00                   0.00                0.00
      R-IV               N/A                        0.000000%            0.00                   0.00                0.00
Totals                                                       1,163,518,249.63       1,155,955,100.59        1,028,374.81

</TABLE>
<TABLE>
<CAPTION>
  Class                  CUSIP                       Interest               Prepayment      Realized Loss/           Total
                                                   Distribution             Penalties      Additional Trust      Distribution
                                                                                            Fund Expenses
<S>               <C>                   <C>                         <C>                <C>          <C>
       A-1              33735PAE7                   1,025,913.79              0.00                0.00           2,054,288.60
       A-2              33735PAF4                   3,080,267.02              0.00                0.00           3,080,267.02
        B               33735PAH0                     302,048.38              0.00                0.00             302,048.38
        C               33735PAJ6                     341,062.78              0.00                0.00             341,062.78
        D               33735PAK3                     400,354.80              0.00                0.00             400,354.80
        E               33735PAL1                     104,440.90              0.00                0.00             104,440.90
        F               33735PAB3                     233,817.29              0.00                0.00             233,817.29
        G               33735PAC1                     168,868.29              0.00                0.00             168,868.29
        H               33735PAD9                     168,872.95              0.00                0.00             168,872.95
       R-I                 N/A                              0.00              0.00                0.00                   0.00
      R-II                 N/A                              0.00              0.00                0.00                   0.00
      R-III                N/A                              0.00              0.00                0.00                   0.00
      R-IV                 N/A                              0.00              0.00                0.00                   0.00
Totals                                              5,825,646.20              0.00                0.00           6,854,021.01
</TABLE>
<TABLE>
<CAPTION>
                                                                      Current
                                                                    Subordination
  Class                   CUSIP            Ending Balance            Level(1)

<S>              <C>                 <C>                        <C>
       A-1              33735PAE7          213,822,680.78               28.76%
       A-2              33735PAF4          608,949,000.00               28.76%
        B               33735PAH0           58,273,000.00               23.71%
        C               33735PAJ6           61,186,000.00               18.42%
        D               33735PAK3           67,014,000.00               12.61%
        E               33735PAL1           17,482,000.00               11.10%
        F               33735PAB3           52,445,000.00                6.56%
        G               33735PAC1           37,877,000.00                3.28%
        H               33735PAD9           37,878,045.00                0.00%
       R-I                 N/A                       0.00                0.00%
      R-II                 N/A                       0.00                0.00%
      R-III                N/A                       0.00                0.00%
      R-IV                 N/A                       0.00                0.00%
Totals                                   1,154,926,725.78

</TABLE>
<TABLE>
<CAPTION>




                                           Original             Beginning
                     Pass-Through          Notional             Notional
Class    CUSIP       Rate                  Amount               Amount
 <S>     <C>         <C>                  <C>                  <C>
IO-1    33735PAG2      1.123691%       1,163,518,249.63      1,154,926,725.78
IO-2    33735PAA5      0.250000%         128,200,045.00        128,200,045.00


</TABLE>
<TABLE>
<CAPTION>
                                                                           Ending
                        Interest        Prepayment        Total            Notional
Class    CUSIP        Distribution      Penalties         Distribution     Amount
 <S>     <C>           <C>                 <C>            <C>              <C>
IO-1    33735PAG2    1,082,447.10            0.00     1,082,447.10   1,154,926,725.78
IO-2    33735PAA5       26,708.34            0.00        26,708.34     128,200,045.00

<FN>
(1) Calculated by taking (A) the sum of the ending  certificate  balance of
all  classes  less  (B) the sum of (i) the  ending  certificate  balance  of the
designated  class and (ii) the ending  certificate  balance of all classes which
are not  subordinate  to the  designated  class and  dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>




                        Certificate Factor Detail

                                                            Beginning               Principal               Interest
       Class                CUSIP                            Balance                Distribution           Distribution
      <S>                  <C>                            <C>                       <C>                    <C>
         A-1               33735PAE7                         965.99520677           4.62369214             4.61262711
         A-2               33735PAF4                       1,000.00000000           0.00000000             5.05833333
          B                33735PAH0                       1,000.00000000           0.00000000             5.18333328
          C                33735PAJ6                       1,000.00000000           0.00000000             5.57419638
          D                33735PAK3                       1,000.00000000           0.00000000             5.97419644
          E                33735PAL1                       1,000.00000000           0.00000000             5.97419632
          F                33735PAB3                       1,000.00000000           0.00000000             4.45833330
          G                33735PAC1                       1,000.00000000           0.00000000             4.45833329
          H                33735PAD9                       1,000.00000000           0.00000000             4.45833332
         R-I                  N/A                              0.00000000           0.00000000             0.00000000
        R-II                  N/A                              0.00000000           0.00000000             0.00000000
        R-III                 N/A                              0.00000000           0.00000000             0.00000000
        R-IV                  N/A                              0.00000000           0.00000000             0.00000000

</TABLE>
<TABLE>
<CAPTION>
                                                            Prepayment         Realized Loss/              Ending
Class                      CUSIP                            Penalties           Additional Trust          Balance
                                                                                  Fund Expenses
        <S>                <C>                                 <C>                 <C>                 <C>

         A-1               33735PAE7                             0.00000000            0.00000000          961.37151463
         A-2               33735PAF4                             0.00000000            0.00000000        1,000.00000000
          B                33735PAH0                             0.00000000            0.00000000        1,000.00000000
          C                33735PAJ6                             0.00000000            0.00000000        1,000.00000000
          D                33735PAK3                             0.00000000            0.00000000        1,000.00000000
          E                33735PAL1                             0.00000000            0.00000000        1,000.00000000
          F                33735PAB3                             0.00000000            0.00000000        1,000.00000000
          G                33735PAC1                             0.00000000            0.00000000        1,000.00000000
          H                33735PAD9                             0.00000000            0.00000000        1,000.00000000
         R-I                  N/A                                0.00000000            0.00000000            0.00000000
        R-II                  N/A                                0.00000000            0.00000000            0.00000000
        R-III                 N/A                                0.00000000            0.00000000            0.00000000
        R-IV                  N/A                                0.00000000            0.00000000            0.00000000
</TABLE>
<TABLE>
<CAPTION>



                              Beginnning                                                          Ending
                               Notional           Interest              Prepayment              Notional
Class          CUSIP            Amount           Distribution           Penalties                Amount
 <S>           <C>              <C>                 <C>              <C>            <C>
IO-1        33735PAG2       993.49975899           0.93032241            0.00000000             992.61590968
IO-2        33735PAA5     1,000.00000000           0.20833331            0.00000000           1,000.00000000


</TABLE>
<TABLE>
<CAPTION>



                         Reconciliation Detail

Advance Summary
<S>                                                     <C>


P & I Advances Outstanding                              237,980.92
Servicing Advances Outstanding                                0.00

Reimbursement for Interest on Advances                        0.00
paid from general collections

Reimbursement for Interest on Servicing Advances              0.00
paid from general collections

Aggregate amount of Nonrecoverable Advances                   0.00

</TABLE>
<TABLE>
<CAPTION>

Servicing Fee Breakdowns
<S>                                                      <C>

Current Period Accrued Servicing Fees                    41,689.52
Less Delinquent Servicing Fees                            1,067.02
Less Reductions to Servicing Fees                             0.00
Plus Servicing Fees for Delinquent Payments Received          0.00
Plus Adjustments for Prior Servicing Calculation              0.00
Total Servicing Fees Collected                           40,622.50


</TABLE>
<TABLE>
<CAPTION>



Certificate Interest Reconciliation

 Class               Accrued          Net Aggregate       Distributable     Distributable
                    Certificate         Prepayment         Certificate       Certificate
                    Interest        Interest Shortfall      Interest          Interest
                                                                             Adjustment
 <S>               <C>                   <C>               <C>                   <C>

A-1                    1,025,913.79               0.00        1,025,913.79            0.00
A-2                    3,080,267.03               0.00        3,080,267.03            0.00
IO-1                   1,082,447.10               0.00        1,082,447.10            0.00
IO-2                      26,708.34               0.00           26,708.34            0.00
B                        302,048.38               0.00          302,048.38            0.00
C                        341,062.78               0.00          341,062.78            0.00
D                        400,354.80               0.00          400,354.80            0.00
E                        104,440.90               0.00          104,440.90            0.00
F                        233,817.29               0.00          233,817.29            0.00
G                        168,868.29               0.00          168,868.29            0.00
H                        168,872.95               0.00          168,872.95            0.00
Totals                 6,934,801.65               0.00        6,934,801.65            0.00

</TABLE>
<TABLE>
<CAPTION>
                              Additional                           Remaining Unpaid
                              Trust Fund         Interest           Distributable
 Class                         Expenses         Distribution      Certificate Interest
 <S>                         <C>            <C>                    <C>

A-1                               0.00           1,025,913.79                   0.00
A-2                               0.00           3,080,267.02                   0.00
IO-1                              0.00           1,082,447.10                   0.00
IO-2                              0.00              26,708.34                   0.00
B                                 0.00             302,048.38                   0.00
C                                 0.00             341,062.78                   0.00
D                                 0.00             400,354.80                   0.00
E                                 0.00             104,440.90                   0.00
F                                 0.00             233,817.29                   0.00
G                                 0.00             168,868.29                   0.00
H                                 0.00             168,872.95                 420.97
Totals                            0.00           6,934,801.64                 420.97
</TABLE>
<TABLE>
<CAPTION>



                      Other Required Information
<S>                                                               <C>

Available Distribution Amount                                       7,963,176.45

Aggregate Number of Outstanding Loans                                        238
Aggregate Stated Principal Balance of Loans                     1,154,957,506.31
Aggregate Unpaid Principal Balance of Loans                     1,154,926,726.44


Aggregate Amount of Service Fee                                        40,622.50
Aggregate Amount of Special Servicing Fee                                   0.00
Aggregate Amount of Trustee Fee                                         1,926.59
Aggregate Trust Fund Expenses                                               0.00
Interest Reserve Deposit                                                    0.00
Interest Reserve Withdrawal                                                 0.00

Specially Serviced Loans not Delinquent
        Number of Outstanding Loans                                            0
        Aggregate Unpaid Principal Balance                                  0.00

</TABLE>
<TABLE>
<CAPTION>

                     Original Subordination Level

<S>                     <C>

Class A-1               28.52%
Class A-2               28.52%
Class B                 23.52%
Class C                 18.27%
Class D                 12.51%
Class E                 11.01%
Class F                  6.51%
Class G                  3.25%
Class H                  0.00%

</TABLE>
<TABLE>
<CAPTION>

Appraisal Reduction Amount


                              Appraisal               Date Appraisal
Loan                          Reduction               Reduction
Number                        Amount                  Effected
<S>                              <C>                      <C>

                                None

Total

</TABLE>
<TABLE>
<CAPTION>



                           Ratings Detail

                                           Original Ratings
   Class             Cusip          DCR     Fitch    Moody's    S&P
   <S>             <C>               <C>      <C>      <C>      <C>
   A-1             33735PAE7         X        X       Aaa       AAA
   A-2             33735PAF4         X        X       Aaa       AAA
   IO-1            33735PAG2         X        X       Aaa       AAAr
   IO-2            33735PAA5         X        X        NR        NR
    B              33735PAH0         X        X       Aa2        AA
    C              33735PAJ6         X        X        A2         A
    D              33735PAK3         X        X       Baa2      BBB
    E              33735PAL1         X        X       Baa3      BBB-
    F              33735PAB3         X        X        Ba2       BB
    G              33735PAC1         X        X        B2         B
    H              33735PAD9         X        X        NR        NR


</TABLE>
<TABLE>
<CAPTION>

                                             Current Ratings(1)
   Class            Cusip            DCR     Fitch     Moody's    S&P

   <S>            <C>                <C>       <C>      <C>       <C>

   A-1             33735PAE7         X         X        Aaa       AAA
   A-2             33735PAF4         X         X        Aaa       AAA
   IO-1            33735PAG2         X         X        Aaa       AAAr
   IO-2            33735PAA5         X         X        NR        NR
    B              33735PAH0         X         X        Aa2       AA
    C              33735PAJ6         X         X        A2         A
    D              33735PAK3         X         X        Baa2      BBB
    E              33735PAL1         X         X        Baa3      BBB-
    F              33735PAB3         X         X         Ba2       BB
    G              33735PAC1         X         X         B2         B
    H              33735PAD9         X         X         NR        NR



<FN>
NR -  Designates  that the class  was not rated by the above  agency at the
time of original  issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction  at the time of original  issuance.
N/A - Data not available this period.

1) For any  class  not  rated  at the  time  of  original  issuance  by any
particular  rating  agency,  no request has been made  subsequent to issuance to
obtain rating information,  if any, from such rating agency. The current ratings
were obtained  directly from the applicable  rating agency within 30 days of the
payment  date  listed  above.  The  ratings  may have  changed  since  they were
obtained.  Because the ratings may have changed,  you may want to obtain current
ratings directly from the rating agencies.


Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100

Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500

Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300

Standard & Poor's Rating Services
26 Broadway
New York, New York 10004
(212) 208- 8000

</FN>
</TABLE>
<TABLE>
<CAPTION>



         Current Mortgage Loan and Property Stratification Tables


                                Scheduled Balance

                                                                % Of
         Scheduled                # of         Scheduled         Agg    WAM                      Weighted
          Balance                 Loans         Balance          Bal.   (2)         WAC        Avg DSCR(1)
           <S>                  <C>            <C>              <C>     <C>        <C>           <C>
       Below 1,000,000              7         6,199,561.39      0.54  160        7.4206          1.395809
   1,000,001 to 2,000,000          51        79,632,843.53      6.90  146        7.2534          1.586214
   2,000,001 to 3,000,000          62       156,980,649.45     13.59  152        7.0776          1.421654
   3,000,001 to 4,000,000          36       128,703,854.39     11.14  137        7.1326          1.313237
   4,000,001 to 5,000,000          17        77,351,557.05      6.70  143        7.3348          1.538409
   5,000,001 to 6,000,000          13        73,065,899.39      6.33  131        6.9875          1.478174
   6,000,001 to 7,000,000           9        59,885,683.04      5.19  138        7.0692          1.593631
   7,000,001 to 8,000,000           6        44,881,739.49      3.89  108        7.0574          1.482775
   8,000,001 to 9,000,000           9        77,349,820.17      6.70  130        7.0321          1.477215
   9,000,001 to 10,000,000          3        29,677,660.01      2.57  107        7.0988          2.505682
  10,000,001 to 15,000,000         12       142,220,441.31     12.31  123        6.9805          1.546050
  15,000,001 to 20,000,000          8       138,116,983.13     11.96  132        6.9336          1.405388
  20,000,001 to 25,000,000          3        69,675,847.14      6.03  167        6.8949          1.682749
   25,000,001 and greater           2        71,184,186.95      6.16  108        6.7942          1.493538
Totals                            238     1,154,926,726.44    100.00  135        7.0478          1.508600


</TABLE>
<TABLE>
<CAPTION>
                                              State(3)

                                 # of           Scheduled        % of                                 Weighted
           State                 Props.          Balance          Agg.  WAM          WAC           Avg DSCR(1)
                                                                  Bal.  (2)
        <S>                      <C>          <C>                <C>    <C>         <C>            <C>
           Alabama                  2         7,699,758.61      0.67   73        6.7500          1.718424
           Arizona                  4        46,311,307.01      4.01  106        6.9877          1.524405
         California                20       117,081,127.65     10.14  127        7.0060          1.659393
          Colorado                  2         7,685,571.32      0.67  108        7.0682          2.104060
         Connecticut                2         5,595,575.33      0.48  107        7.1592          1.327190
          Delaware                  2         5,960,355.49      0.52  168        7.0928          1.348881
           Florida                 27       146,087,633.37     12.65  124        6.9057          1.472421
           Georgia                 15       114,250,603.61      9.89  132        6.9631          1.425218
          Illinois                  4        22,504,540.63      1.95  106        7.1121          1.576403
           Indiana                  2         6,232,874.19      0.54  144        7.2999          1.613468
          Kentucky                  4        11,533,301.48      1.00  165        7.0036          1.695875
            Maine                   1         4,473,951.47      0.39  201        7.2350          1.000000
          Maryland                  8        81,316,763.12      7.04  163        6.8885          1.802287
        Massachusetts               6        22,155,559.25      1.92  147        7.0939          1.300080
          Michigan                  4         9,031,164.24      0.78  161        7.2617          1.221359
         Mississippi                5        26,204,669.01      2.27  140        7.4302          1.358388
          Missouri                  1         1,138,726.52      0.10  106        7.8750          2.020000
           Nevada                   3         9,586,021.32      0.83  108        7.1237          1.232115
        New Hampshire               3         9,100,933.48      0.79  155        7.0500          1.337761
         New Jersey                10        44,468,662.27      3.85  156        6.8665          1.395125
          New York                 10        86,061,624.40      7.45  158        7.1140          1.392840
       North Carolina              24        62,675,291.17      5.43  177        7.1771          1.605016
            Ohio                    1         2,676,286.74      0.23  225        7.5000          1.990000
           Oregon                   3         8,798,014.26      0.76  143        7.0782          1.616878
        Pennsylvania               12        71,958,229.37      6.23  114        6.9202          1.454593
       South Carolina               2         4,617,162.25      0.40  150        7.2195          1.297262
        South Dakota                1         3,923,875.47      0.34  201        7.2350          1.000000
          Tennessee                 7        22,633,752.95      1.96  139        7.2054          1.615678
            Texas                  22        89,908,033.74      7.78  129        7.4271          1.538593
            Utah                    2         7,735,186.61      0.67  136        7.8858          1.483828
           Vermont                  1         3,942,766.49      0.34  108        7.0000          2.050000
          Virginia                 19        55,625,029.34      4.82  122        6.9405          1.392246
       Washington, DC               3        23,128,766.82      2.00  106        6.8027          1.375157
          Wisconsin                 6        12,823,607.46      1.11  117        7.2385          1.282864
Totals                            238     1,154,926,726.44    100.00  135        7.0478          1.508600
</TABLE>
<TABLE>
<CAPTION>





                                    Note Rate

         Note                    # of              Scheduled         % of                                Weighted
         Rate                    Loans              Balance          Agg.    WAM        WAC              Avg DSCR(1)
                                                                     Bal.    (2)
     <S>                        <C>           <C>                     <C>      <C>            <C>                <C>
       6.499% or Less                 3          14,824,526.33       1.28   109          6.3144       1.605039
      6.500% to 6.749%               10          73,978,491.24       6.41   154          6.6196       1.614862
      6.750% to 6.999%               65         458,732,836.90      39.72   123          6.8399       1.448921
      7.000% to 7.249%               97         363,957,845.78      31.51   139          7.0732       1.434334
      7.250% to 7.499%               34         146,517,987.47      12.69   122          7.3152       1.831814
      7.500% to 7.749%               10          42,252,344.99       3.66   183          7.5857       1.626853
      7.750% to 7.999%                6          10,660,166.34       0.92   182          7.7813       1.906666
      8.000% to 8.249%                3          15,715,561.93       1.36   197          8.1215       1.144115
      8.250% to 8.499%                5          11,498,497.15       1.00   259          8.3810       1.383567
     8.500% and greater               5          16,788,468.31       1.45   173          8.6435       1.251590
Totals                              238       1,154,926,726.44     100.00   135          7.0478       1.508600






</TABLE>
<TABLE>
<CAPTION>

                                    Seasoning

                                # of             Scheduled           % of                               Weighted
      Seasoning                 Loans             Balance            Agg.    WAM         WAC             Avg DSCR(1)
                                                                      Bal.   (2)
   <S>                            <C>       <C>                       <C>       <C>           <C>               <C>
      12 months or less              88         470,984,643.36      40.78   123          6.9064       1.461849
       13 to 24 months              149         675,202,230.29      58.46   145          7.1262       1.541452
       25 to 36 months                1           8,739,852.79       0.76    93          8.6100       1.490000
       37 to 48 months                0                   0.00       0.00     0          0.0000       0.000000
    49 months and greater             0                   0.00       0.00     0          0.0000       0.000000
Totals                              238       1,154,926,726.44     100.00   135          7.0478       1.508600

</TABLE>
<TABLE>
<CAPTION>




                           Debt Service Coverage Ratio(1)

   Debt Service                  # of             Scheduled          % of                              Weighted
   Coverage Ratio                Loans             Balance           Agg.    WAM          WAC         Avg DSCR(1)
                                                                     Bal.    (2)
    <S>                          <C>            <C>                   <C>      <C>            <C>                <C>
        1.19 and less                58         193,446,201.01      16.75   179          7.1953       0.981425
        1.20 to 1.249                 4          31,000,107.42       2.68   109          6.8302       1.227296
        1.25 to 1.299                12          35,493,025.96       3.07   139          7.0135       1.266718
        1.30 to 1.349                17          83,373,388.23       7.22   126          7.0119       1.321903
        1.35 to 1.399                14          54,336,257.26       4.70   121          6.9786       1.367078
        1.40 to 1.449                16         114,338,161.10       9.90   127          7.1206       1.416224
        1.45 to 1.499                14         133,242,224.84      11.54   102          7.0066       1.473701
        1.50 to 1.549                16         116,902,239.22      10.12   135          7.0648       1.516830
        1.55 to 1.599                12          76,511,778.79       6.62   115          6.8996       1.570324
        1.60 to 1.649                16          86,700,932.54       7.51   170          6.9155       1.619175
        1.65 to 1.699                 6          22,927,980.20       1.99   120          7.0519       1.684312
      1.70 and greater               53         206,654,429.87      17.89   126          7.0677       2.178574
Totals                              238       1,154,926,726.44     100.00   135          7.0478       1.508600

   </TABLE>
<TABLE>
<CAPTION>

                             Property Type(3)

         Property                  # of            Scheduled         % of                              Weighted
           Type                    Props            Balance          Agg.    WAM         WAC          Avg DSCR(1)
                                                                     Bal.    (2)
    <S>                           <C>        <C>                     <C>    <C>         <C>           <C>
         Health Care                 10          45,113,238.68       3.91   159          7.3627       1.802098
    Industrial/Warehouse              4          17,245,410.61       1.49   127          7.1776       1.252042
           Lodging                   31         141,915,227.03      12.29   135          7.3127       1.705915
          Mixed Use                   2           7,586,773.93       0.66   107          7.2683       1.571420
      Mobile Home Park                1             986,306.83       0.09   108          7.2500       1.260000
        Multi-Family                103         485,159,570.83      42.01   129          6.9858       1.461223
           Office                    12         115,449,061.14      10.00   132          6.9332       1.600350
           Retail                    73         337,707,445.56      29.24   145          7.0100       1.434246
        Self Storage                  2           3,763,691.83       0.33   107          7.0953       1.629145
Totals                              238       1,154,926,726.44     100.00   135          7.0478       1.508600
</TABLE>
<TABLE>
<CAPTION>




         Anticipated Remaining Term (ARD and Balloon Loans)

        Anticipated            # of        Scheduled             % of                                          Weighted
     Remaining Term(2)         Loans        Balance               Agg.      WAM                 WAC         Avg DSCR(1)
                                                                  Bal.      (2)
<S>                            <C>          <C>               <C>       <C>                     <C>            <C>
  96 months or less              7         48,892,881.75         4.23        77                7.0916           1.520159
  97 to 120 months             149        753,660,843.71        65.26       107                6.9756           1.547873
  121 to 168 months             26        134,953,501.09        11.69       162                7.0811           1.656228
  169 to 192 months              1          2,779,223.21         0.24       170                7.1200           1.740000
  193 to 216 months              9         33,174,531.00         2.87       202                7.6016           1.053524
  217 to 240 months              5         27,437,207.58         2.38       225                6.9935           1.048485
   241 and greater              10         31,602,734.59         2.74       262                7.0166           1.166320
       Totals                  207      1,032,500,922.93        89.40       124                7.0171           1.520408

</TABLE>
<TABLE>
<CAPTION>


          Remaining Stated Term (Fully Amortizing Loans)


     Remaining                # of          Scheduled         % of                                               Weighted
   Stated Term               Loans           Balance            Agg.       WAM               WAC              Avg DSCR(1)
                                                                Bal.       (2)
<S>                            <C>        <C>               <C>              <C>          <C>                 <C>
 108 months or less              0                  0.00         0.00         0                0.0000           0.000000
  109 to 120 months              0                  0.00         0.00         0                0.0000           0.000000
  121 to 144 months              0                  0.00         0.00         0                0.0000           0.000000
  145 to 168 months              4         10,729,546.01         0.93       167                7.0614           1.642255
  169 to 192 months              0                  0.00         0.00         0                0.0000           0.000000
  193 to 216 months              0                  0.00         0.00         0                0.0000           0.000000
  217 to 240 months             18         93,176,474.16         8.07       225                7.2505           1.365524
   241 and greater               9         18,519,783.34         1.60       316                7.7316           1.492724
       Totals                   31        122,425,803.51        10.60       233                7.3067           1.409019

</TABLE>
<TABLE>
<CAPTION>


          Remaining Amortization Term (ARD and Balloon Loans)

    Remaining                   # of         Scheduled          % of                                          Weighted
Amortization Term              Loans        Balance             Agg.       WAM                   WAC         Avg DSCR(1)
                                                                Bal.       (2)
<S>                            <C>       <C>                <C>           <C>                  <C>             <C>
 180 months or less              1          3,472,778.99         0.30       109                6.8125           1.130000
  181 to 204 months              0                  0.00         0.00         0                0.0000           0.000000
  205 to 228 months              7         30,865,637.86         2.67       139                7.2137           1.398107
  229 to 252 months              7         25,421,964.40         2.20       192                7.2363           1.025824
  253 to 276 months              4         25,059,351.21         2.17       225                7.0047           1.018925
  277 to 300 months             60        233,234,851.56        20.19       120                7.1445           1.704204
  301 to 324 months              8         37,993,109.18         3.29       132                7.2216           1.633832
   325 and greater             120        676,453,229.73        58.57       118                6.9460           1.495415
       Totals                  207      1,032,500,922.93        89.40       124                7.0171           1.520408
</TABLE>
<TABLE>
<CAPTION>

                           Age of Most Recent NOI

      Age of Most                    # of         Scheduled          % of                                          Weighted
      Recent NOI                    Loans          Balance            Agg.     WAM                    WAC         Avg DSCR(1)
                                                                      Bal.    (2)
 <S>                            <C>     <C>                <C>      <C>           <C>           <C>
Underwriter's Information             47        159,028,313.57        13.77       166                7.1695          1.245119
      1 year or less                 191        995,898,412.87        86.23       131                7.0284          1.550674
       1 to 2 years                    0                  0.00         0.00         0                0.0000          0.000000
    2 years or greater                 0                  0.00         0.00         0                0.0000          0.000000
          Totals                     238      1,154,926,726.44       100.00       135                7.0478          1.508600

<FN>
(1) Debt  Service  Coverage  Ratios  are  updated periodically as new NOI
figures become available from borrowers on an asset level. In all cases the most
current DSCR provided by the Servicer is used. To the extent that no DSCR is
provided by the Servicer, information from the offering document is used. The
trustee  makes no reprensentations as to the accuracy of the data provided by
the borrower for this calculation.

(2)Anticipated  Remaining Term and WAM are each  calculated  based upon the
term from the current month to the earlier of the Anticipated Repayment Date, if
applicable,  and the  maturity  date.

(3) Data in this  table was  calculated  by  allocating  pro- rata the
current loan  information to the properties based upon the Cut- off Date balance
of each property as disclosed in the offering document.

</FN>
</TABLE>
<TABLE>


                         Mortgage Loan Detail



   Loan                Property                                                  Interest           Principal         Gross
  Number       ODCR     Type(1)       City                State                  Payment            Payment          Coupon
<S>           <C>       <C>       <C>                  <C>           <C>              <C>            <C>

   255999875        1         OF     Atlanta                GA                  267,375.00               0.00        6.750%
   255999923        2         MF     New York               NY                  149,198.48          17,668.01        6.875%
   355132458        3         RT     Potomac                MD                  139,522.32          49,529.67        6.680%
   245114383        4         OF     Hyattsville            MD                  145,998.25          17,000.86        7.000%
   255999632        5         RT     Fontana                CA                  128,643.31          14,852.29        7.020%
   255999812        6         HC     Staten Island          NY                  128,866.87          33,845.30        7.630%
   255999634        7         MF     Kennesaw               GA                  113,425.00               0.00        6.980%
   255999904        8         MF     West Palm Beach        FL                  104,934.37          13,110.48        6.750%
   255999530        9         MF     Tempe                  AZ                   99,828.22          11,875.49        6.950%
   255999903       10         MF     Margate                FL                   96,862.49          12,101.99        6.750%
   255999720       11         MF     Washington             DC                   92,912.18          12,370.06        6.650%
   255999905       12         MF     Orlando                FL                   92,970.70          11,615.74        6.750%
   255999739       13         MF     Atlanta                GA                   91,702.59          10,121.38        6.875%
   255999659       14         LO     McAllen                TX                   91,172.42          15,993.77        7.270%
   255999900       15         RT     Panama City            FL                   77,028.74           9,623.97        6.750%
   255999717       16         MF     Emmaus                 PA                   75,926.00           9,688.95        6.750%
   255999718       17         MF     Bethlehem              PA                   73,625.21           9,395.35        6.750%
   255999770       18         MF     Phoenix                AZ                   72,044.67           8,567.99        6.900%
   255999911       19         MF     Baltimore              MD                   69,414.50               0.00        6.770%
   255999754       20         RT     Sunrise                FL                   70,374.55           7,964.82        7.000%
   825114388       21         RT     Queensbury             NY                   68,410.72          16,347.18        7.125%
   255999744       22         OF     Brooklyn               NY                   64,689.99          12,348.94        7.000%
   825096327       23         RT     Hattiesburg            MS                   71,510.10          20,952.04        8.125%
   255999756       24         RT     Mesa                   AZ                   60,402.90           7,260.77        6.875%
   255999955       25         RT     Lansdale               PA                   56,421.67          12,449.46        6.500%
   255999715       26         LO     Bethlehem              PA                   62,999.01          10,656.45        7.350%
   255999581       27         LO     Westlake Village       CA                   63,052.41          10,440.65        7.438%
   255999925       28         RT     Leesburg               VA                   54,496.00               0.00        6.510%
   255999926       29         RT     Grass Valley           CA                   49,478.78           7,052.68        6.440%
   255999833       30         MF     Butler                 NJ                   52,816.09           6,307.50        6.875%
   255999899       31         RT     Natchez                MS                   51,429.37           6,425.58        6.750%
   145113915       32         RT     Beaumont               TX                   64,841.42           5,758.59        8.610%
   255999898       33         RT     Dyersburg              TN                   49,930.31           6,238.29        6.750%
   825096384       34         RT     Teaneck                NJ                   49,558.49           5,943.55        7.021%
   255999710       35         MF     Westwood               CA                   48,191.20           7,647.75        6.875%
   255999823       36         MF     Los Angeles            CA                   47,955.00               0.00        6.950%
   255999652       37         MF     Roselle                IL                   49,638.49           5,693.15        7.020%
   255999795       38         RT     West Hollywood         CA                   47,021.20           7,144.88        6.900%
   255999934       39         MF     New York               NY                   45,110.21           5,341.92        6.875%
   255999735       40         MF     Sunderland             MA                   45,672.79           5,181.00        7.010%
   255999619       41         LO     Rocky Mount            NC                   46,182.26           8,028.25        7.250%
   255999786       42         LO     Phoenix                AZ                   46,601.24           7,757.93        7.375%
   255999862       43         MF     Los Angeles            CA                   41,005.00               0.00        6.950%
   255999713       44         LO     Bethlehem              PA                   44,286.43           7,491.17        7.350%
   255999653       45         MF     Palantine              IL                   41,863.79           4,801.45        7.020%
   255999755       46         RT     Woodstock              GA                   40,613.43          13,279.98        6.910%
   255999605       47         MF     Tyler                  TX                   41,656.54           4,788.83        7.030%
   355132454       48         OF     Union                  NJ                   39,591.99          13,284.15        6.850%
   255999583       49         RT     Meadows                TX                   42,141.67           4,338.60        7.270%
   825113985       50         IN     Hicksville             NY                   37,203.92          15,331.30        7.000%
   255999822       51         MF     Waukesha               WI                   37,264.69           4,450.29        6.875%
   255999768       52         LO     Miami                  FL                   39,133.51           6,657.31        7.313%
   255999886       53         MF     Hollywood              FL                   34,561.96           4,353.93        6.750%
   255999665       54         RT     Bethesda               MD                   36,435.23           3,967.63        7.120%
   355132447       55         OF     Middletown             NJ                   35,286.75           6,852.45        6.930%
   255999894       56         RT     Montgomery             AL                   34,178.62           4,270.28        6.750%
   255999952       57         MF     State College          PA                   34,017.19           4,250.10        6.750%
   255999869       58         HC     Denver                 CO                   35,349.58           6,538.77        7.050%
   825999687       59         LO     Austin                 TX                   34,325.77               0.00        7.235%
   255999728       60         RT     San Diego              CA                   33,872.51           3,934.96        6.970%
   255999568       61         MF     Pineville              NC                   34,585.04           3,816.92        7.125%
   255999664       62         HC     Salem                  OR                   33,538.20           6,131.71        7.125%
   255999938       63         MF     Atlanta                GA                   31,972.46           3,397.76        7.125%
   825999644       64         RT     Citrus Heights         CA                   29,410.57           6,280.19        6.942%
   255999880       65         LO     Lexington              VA                   30,336.22           5,709.52        7.000%
   255999767       66         OF     Various                NC                   30,111.31          16,086.08        7.125%
   255999730       67         IN     Centreville            IL                   31,228.17           8,915.57        7.390%
   255999658       68         MF     Washington             DC                   30,357.83           3,328.10        7.125%
   255999657       69         OF     Glen Burnie            MD                   30,032.73           3,400.46        7.050%
   255999610       70         HC     Frankfort              KY                   28,951.73           5,910.23        6.850%
   255999877       71         LO     Los Angeles            CA                   30,420.30           5,027.36        7.375%
   255999945       72         MF     Dallas                 TX                   33,948.38           1,957.65        8.430%
   255999777       73         MU     La Crescenta           CA                   29,062.78           5,000.04        7.280%
   255999861       74         MF     Los Angeles            CA                   26,873.33               0.00        6.950%
   825999704       75         LO     Portland               ME                   26,974.20               0.00        7.235%
   255999534       76         RT     Santa Clarita          CA                   27,187.52           5,702.06        7.375%
   255999937       77         MF     Smyrna                 GA                   26,795.97           2,847.65        7.125%
   255999865       78         MF     Carrboro               NC                   27,057.14           2,747.14        7.250%
   430000002       79         LO     Chester                VA                   26,329.85           7,620.80        7.313%
   430000004       80         MF     Suitland               MD                   25,939.30           2,712.10        7.250%
   255096337       81         MF     Desoto                 TX                   30,171.10           1,738.81        8.500%
   825999705       82         LO     Rapid City             SD                   23,657.70               0.00        7.235%
   255999614       83         MF     Charlotte              NC                   24,888.34           2,630.00        7.210%
   255999910       84         RT     Las Vegas              NV                   23,798.40           2,764.12        6.920%
   255999682       85         LO     Evansville             IN                   25,936.99           6,999.79        7.625%
   255999939       86         MF     Smyrna                 GA                   24,359.97           2,588.77        7.125%
   255999810       87         MF     Tallahassee            FL                   23,473.82           2,803.33        6.875%
   255999940       88         MF     Middlesex              NJ                   20,806.24           5,272.32        6.125%
   255999809       89         RT     Bennington             VT                   23,793.11           4,478.06        7.000%
   255999662       90         LO     Salt Lake City         UT                   27,746.24           3,524.93        8.150%
   255999796       91         RT     Miami                  FL                   24,414.43           4,336.98        7.188%
   255999606       92         MF     Ft. Worth              TX                   23,426.36           2,786.78        6.950%
   255999624       93         MF     Philadelphia           PA                   23,831.28           2,562.30        7.170%
   255999736       94         MF     Houston                TX                   23,243.12           2,636.64        7.010%
   255999608       95         MF     Miami                  FL                   23,761.94           2,467.74        7.250%
   255999601       96         RT     Layton                 UT                   24,818.88           2,214.77        7.610%
   255999884       97         LO     Lexington              VA                   22,306.04           4,198.18        7.000%
   255999741       98         MF     Largo                  FL                   21,698.91           2,619.82        6.880%
   825114316       99         RT     Waltham                MA                   21,864.24           6,334.33        7.250%
   255999881       100        LO     Roanoke                VA                   21,639.84           4,072.79        7.000%
   255999663       101        MF     Stamford               CT                   22,266.83           2,291.52        7.250%
   255999732       102        RT     Atlanta                GA                   21,559.98           4,027.78        7.063%
   255999908       103        RT     Jacksonville           FL                   20,440.14          11,541.48        6.813%
   255999609       104        MF     Jacksonville           FL                   21,815.42           2,325.35        7.190%
   255999623       105        MF     Charlotte              NC                   21,410.12           2,262.45        7.210%
   255999813       106        MF     Palm Desert            CA                   19,951.07           2,471.45        6.770%
   825999667       107        LO     Spring                 TX                   20,064.82               0.00        7.235%
   255999616       108        RT     Wilmington             DE                   20,862.65           6,321.77        7.210%
   255999831       109        LO     Ft. Lauderdale         FL                   19,650.16           3,830.37        6.875%
   255999679       110        MF     New Bedford            MA                   19,844.32           2,266.02        7.010%
   825999676       111        LO     South Deerfield        MA                   19,290.97               0.00        7.235%
   255999953       112        MF     State College          PA                   18,911.25           2,362.77        6.750%
   255999557       113        RT     Lewisville             TX                   20,012.90           3,464.10        7.330%
   255999883       114        LO     Staunton               VA                   18,975.01           3,571.25        7.000%
   825999572       115        RT     Littleton              NH                   18,171.92           3,880.35        6.942%
   255999774       116        IN     Manchester             NH                   19,483.48           2,005.07        7.250%
   255999814       117        RT     Frederick              MD                   17,915.45           2,708.93        7.000%
   888868955       118        MF     Greenbrier             TN                   21,285.33           2,124.90        8.375%
   255999779       119        MF     Naples                 FL                   17,398.31           2,159.45        6.800%
   255999723       120        MU     Gainesville            FL                   18,472.90           3,211.31        7.250%
   255999545       121        MF     Statesville            NC                   17,760.05           3,443.33        7.000%
   255999760       122        MF     Wichita Falls          TX                   17,666.88           2,026.07        7.000%
   255999620       123        MF     Charlotte              NC                   18,091.67           1,911.79        7.210%
   255999887       124        RT     Chesapeake Beach       MD                   16,975.46           2,093.35        6.800%
   255999509       125        IN     Pembroke Pines         FL                   17,614.78           3,265.96        7.130%
   255999811       126        RT     N Las Vegas            NV                   17,446.06           1,945.19        7.050%
   255999771       127        OF     Myrtle Beach           SC                   17,837.95           3,123.45        7.250%
   255999604       128        MF     Milford                NH                   17,037.35           2,026.75        6.950%
   255999785       129        MF     Gardena                CA                   16,783.13           2,021.74        6.870%
   255999719       130        MF     Lawrenceville          NJ                   17,349.50           1,902.01        7.125%
   255999889       131        RT     Chapel Hill            NC                   17,050.79           1,803.88        7.120%
   255999746       132        LO     Las Vegas              NV                   17,605.69           2,827.42        7.500%
   255999784       133        OF     Traverse City          MI                   17,567.32           2,754.94        7.500%
   825999577       134        RT     Norfolk                VA                   15,457.25           3,153.75        6.826%
   825114351       135        RT     Pembroke Pines         FL                   14,629.07           4,280.69        6.500%
   255999724       136        MF     St. Petersburg         FL                   16,353.80           1,875.49        7.000%
   255114152       137        LO     Athens                 OH                   17,315.60           4,838.21        7.500%
   825999661       138        RT     Melbourne              FL                   15,881.21           5,930.11        7.125%
   255999791       139        MF     Culver City            CA                   15,844.83           1,892.25        6.875%
   255999867       140        MF     Nashville              TN                   15,261.01           2,027.39        6.625%
   255999681       141        LO     Asheville              NC                   17,582.05           4,583.56        7.750%
   255999876       142        MF     Plainfield             NJ                   16,805.31           1,615.00        7.375%
   825114192       143        RT     Saginaw                MI                   15,840.92           5,361.51        7.290%
   825999569       144        RT     Dover                  DE                   15,096.68           3,223.67        6.942%
   825999671       145        LO     San Antonio            TX                   15,311.17               0.00        7.235%
   255999922       146        RT     Terrell                TX                   15,766.69           2,817.41        7.125%
   255999711       147        MF     Stockton               CA                   15,640.32           1,694.03        7.117%
   825999584       148        RT     Louisville             KY                   14,715.35           2,926.47        6.942%
   255999716       149        MF     Taunton                MA                   15,543.21           1,703.98        7.125%
   255999892       150        MF     Knoxville              TN                   14,556.51           1,881.17        6.690%
   255999879       151        LO     Lexington              VA                   15,168.11           2,854.76        7.000%
   825999660       152        RT     Jacksonville           FL                   14,692.58           5,441.89        7.125%
   255999907       153        MF     Angleton               TX                   15,037.14           1,701.87        7.000%
   255999778       154        RT     Harwood Heights        IL                   15,231.41           2,745.14        7.125%
   255999734       155        MF     Gulfport               MS                   15,030.87           1,705.06        7.010%
   255999607       156        MF     Boca Raton             FL                   14,789.37           1,759.33        6.950%
   255999617       157        RT     Jacksonville           FL                   15,627.87           2,644.12        7.375%
   255999827       158        RT     Richmond               VA                   13,857.05           8,474.12        6.900%
   255999864       159        LO     College Station        TX                   15,705.60           2,520.08        7.460%
   255999882       160        LO     Troutville             VA                   14,495.95           2,728.26        7.000%
   825999771       161        RT     Pompano Beach          FL                   13,854.15           3,358.47        6.938%
   825999761       162        RT     Hialeah                FL                   13,642.64           3,403.95        6.875%
   255999622       163        MF     Charlotte              NC                   14,748.65           1,558.52        7.210%
   355132444       164        OF     East Goshen            PA                   15,659.02           4,043.75        7.750%
   255999742       165        OF     Roanoke                VA                   14,170.03           7,569.92        7.125%
   815999533       166        RT     Forest Hill            TX                   13,579.83           5,067.40        7.000%
   825999585       167        RT     Louisville             KY                   13,213.93           2,914.07        6.826%
   255999773       168        SS     Woodland Hills         CA                   14,226.70           2,578.00        7.130%
   825999896       169        RT     Charlotte              NC                   12,827.73           4,553.96        6.700%
   255999984       170        MF     Radford                VA                   13,682.06           1,609.69        6.875%
   255999819       171        MF     Alexandria             IN                   13,298.62           1,668.64        6.740%
   245999566       172        RT     Meridian               MS                   14,154.36           3,451.97        7.250%
   825999647       173        RT     Portland               OR                   13,017.42           2,588.80        6.942%
   255114004       174        MF     Chattanooga            TN                   14,224.03           1,371.35        7.420%
   255999909       175        MF     Angleton               TX                   13,052.91           1,477.30        7.000%
   255999562       176        HC     Gastonia               NC                   13,136.25           1,449.76        7.125%
   255999733       177        MF     Tyler                  TX                   12,552.13           1,433.33        7.010%
   255999745       178        LO     Biloxi                 MS                   13,385.04           2,133.77        7.500%
   255999805       179        MF     West Hartford          CT                   12,252.04           1,386.66        7.000%
   255999806       180        MF     Arlington              VA                   12,030.33           1,436.71        6.875%
   255999941       181        MF     Avenel                 NJ                   10,403.12           2,636.16        6.125%
   255999821       182        MF     Gainesville            FL                   12,291.61           1,284.15        7.200%
   255999878       183        RT     Antioch                TN                   11,931.10           2,230.01        7.020%
   255999743       184        RT     Linden                 NJ                   12,099.19           2,196.27        7.125%
   255114382       185        RT     Richmond               VA                   12,114.30           1,726.77        7.125%
   255999712       186        RT     Virginia Beach         VA                   12,336.63           2,145.29        7.270%
   255999565       187        MF     Washington             DC                   12,317.04           1,684.56        7.250%
   430000001       188        MF     Boston                 MA                   11,855.58           1,350.67        7.000%
   825114327       189        RT     Battle Creek           MI                   11,470.31           4,043.21        7.129%
   255999543       190        MF     Charlotte              NC                   11,472.99           2,224.39        7.000%
   255999722       191        OF     Boulder                CO                   11,481.54           2,099.15        7.125%
   255999757       192        RT     Odessa                 TX                   11,041.80           1,266.30        7.000%
   255999893       193        RT     Montgomery             AL                   10,608.75           1,325.45        6.750%
   255999561       194        HC     Hickory                NC                   11,194.63           1,235.48        7.125%
   255999930       195        RT     Manistee               MI                   10,767.33           1,208.11        7.000%
   255999820       196        LO     Max Meadows            VA                   11,472.89           1,828.95        7.500%
   255999654       197        RT     Atlanta                GA                   10,733.77           1,241.67        7.000%
   825999518       198        RT     Columbia               SC                   10,551.52           2,906.45        7.170%
   255999628       199        MF     Houston                TX                   11,057.40           1,953.12        7.250%
   255999612       200        HC     Fulton                 KY                   11,824.96           1,770.96        7.750%
   255999763       201        RT     Charlotte              NC                   10,153.40           1,156.74        7.000%
   255999762       202        LO     Lake Placid            FL                   10,744.64           2,950.44        7.500%
   255999807       203        MF     Arlington              VA                    9,682.95           1,156.38        6.875%
   825114090       204        RT     York                   PA                    9,214.43           3,499.67        6.900%
   895096258       205        MF     Memphis                TN                   12,238.44           1,597.21        9.125%
   255999640       206        RT     Oshkosh                WI                    9,665.95           1,819.21        7.000%
   825999787       207        RT     Henrietta              NY                    9,259.22           2,258.83        7.000%
   255999793       208        MF     Arden                  NC                   10,392.45             802.62        7.875%
   255999868       209        MF     Philadelphia           PA                    8,760.55           1,721.83        6.875%
   255999731       210        RT     Savannah               GA                    8,983.33           1,678.24        7.063%
   255999613       211        MF     Charlotte              NC                    9,144.16             966.28        7.210%
   255999871       212        SS     Orangevale             CA                    8,794.74           1,632.45        7.040%
   255999834       213        MF     New York               NY                    8,586.18             988.65        6.960%
   255999615       214        MF     Charlotte              NC                    8,401.66             879.84        7.210%
   895096291       215        MF     St. Mary's             GA                    9,619.07             881.09        8.625%
   255999866       216        HC     Superior               WI                    8,692.70           2,286.23        7.625%
   888868957       217        MF     Statesboro             GA                    9,039.97             909.38        8.375%
   255999815       218        MF     Bronx                  NY                    7,769.61             879.02        7.000%
   888868956       219        MF     Athens                 GA                    8,671.43             907.22        8.250%
   825999801       220        RT     Douglasville           GA                    8,061.27             952.98        7.750%
   255999968       221        MF     Radford                VA                    7,259.87             854.12        6.875%
   255999924       222        MF     Wisconsin Rapids       Wi                    8,443.03             604.29        8.000%
   255999794       223        MF     Waupun                 WI                    8,785.79             541.40        8.350%
   255999729       224        MF     Oshkosh                WI                    7,144.99             771.20        7.125%
   255999564       225        HC     Gastonia               NC                    7,129.37             786.82        7.125%
   825114355       226        RT     Union                  NJ                    6,634.68           2,951.03        7.000%
   255999758       227        HC     Ferguson               MO                    7,729.38           1,089.67        7.875%
   255999765       228        MF     Houston                TX                    6,868.47             782.51        7.000%
   255999544       229        MF     Charlotte              NC                    6,766.58           1,311.91        7.000%
   255999935       230        RT     Haw River              NC                    6,364.74             838.76        6.625%
   255999808       231        MF     Gresham                OR                    6,693.26             717.64        7.125%
   430000003       232        MH     Greenville             NC                    6,164.21           1,063.86        7.250%
   125129409       233        MF     Monroe                 GA                    7,197.19             628.14        8.780%
   255999740       234        RT     San Francisco          CA                    6,102.68           1,023.40        7.375%
   255999759       235        MF     Media                  PA                    5,255.88             598.78        7.000%
   255999985       236        MF     Radford                VA                    5,026.06             591.32        6.875%
   255999602       237        MF     New York               NY                    4,940.82             516.59        7.250%
   255999621       238        MF     Charlotte              NC                    4,719.57             498.72        7.210%
Totals                                                                        6,978,417.72       1,028,374.81



</TABLE>
<TABLE>
<CAPTION>


  Loan             Anticipated                       Neg             Beginning          Ending                  Paid
  Number          Repayment             Maturity     Amort           Scheduled         Scheduled                Thru
                     Date                Date       (Y/N)            Balance            Balance                  Date
 <S>             <C>                  <C>           <C>          <C>                  <C>                <C>

  255999875       N/A                  09/01/2008    N          46,000,000.00          46,000,000.00          09/01/1999
  255999923       N/A                  10/01/2008    N          25,201,854.96          25,184,186.95          09/01/1999
  355132458       N/A                  05/01/2018    N          24,255,378.11          24,205,848.44          09/01/1999
  245114383       N/A                  05/01/2013    N          24,220,908.09          24,203,907.23          09/01/1999
  255999632       N/A                  05/01/2008    N          21,280,943.76          21,266,091.47          09/01/1999
  255999812       N/A                  09/01/2018    N          19,613,610.87          19,579,765.57          09/01/1999
  255999634       N/A                  06/01/2013    N          19,500,000.05          19,500,000.05          09/01/1999
  255999904       N/A                  10/01/2008    N          18,053,224.63          18,040,114.15          09/01/1999
  255999530       N/A                  05/01/2008    N          16,680,510.75          16,668,635.26          09/01/1999
  255999903       N/A                  10/01/2008    N          16,664,515.02          16,652,413.03          09/01/1999
  255999720       N/A                  07/01/2008    N          16,225,265.43          16,212,895.37          09/01/1999
  255999905       N/A                  10/01/2008    N          15,994,958.64          15,983,342.90          09/01/1999
  255999739       N/A                  07/01/2008    N          15,489,938.18          15,479,816.80          09/01/1999
  255999659       N/A                  06/01/2008    N          14,563,638.44          14,547,644.67          09/01/1999
  255999900       N/A                  10/01/2005    N          13,252,257.14          13,242,633.17          09/01/1999
  255999717       N/A                  07/01/2008    N          13,062,537.28          13,052,848.33          09/01/1999
  255999718       N/A                  07/01/2008    N          12,666,702.77          12,657,307.42          09/01/1999
  255999770       N/A                  08/01/2008    N          12,125,330.01          12,116,762.02          09/01/1999
  255999911       N/A                  10/01/2009    N          11,907,000.00          11,907,000.00          09/01/1999
  255999754       N/A                  09/01/2008    N          11,675,040.11          11,667,075.29          09/01/1999
  825114388       N/A                  08/01/2018    N          11,521,806.23          11,505,459.05          09/01/1999
  255999744       N/A                  07/01/2008    N          10,731,979.59          10,719,630.65          09/01/1999
  825096327       N/A                  12/01/2017    N          10,561,491.54          10,540,539.50          09/01/1999
  255999756       N/A                  08/01/2008    N          10,202,953.25          10,195,692.48          09/01/1999
  255999955       N/A                  11/01/2008    N          10,080,298.19          10,067,848.73          09/01/1999
  255999715       N/A                  07/01/2008    N           9,953,760.90           9,943,104.45          09/01/1999
  255999581       N/A                  06/01/2008    N           9,844,996.21           9,834,555.56          09/01/1999
  255999925       N/A                  10/01/2008    N           9,900,000.00           9,900,000.00          09/01/1999
  255999926       N/A                  10/01/2008    N           8,922,240.79           8,915,188.11          09/01/1999
  255999833       N/A                  09/01/2008    N           8,921,427.91           8,915,120.41          09/01/1999
  255999899       N/A                  10/01/2005    N           8,848,063.92           8,841,638.34          09/01/1999
  145113915       N/A                  06/01/2007    N           8,745,611.38           8,739,852.79          08/01/1999
  255999898       N/A                  10/01/2005    N           8,590,160.67           8,583,922.38          09/01/1999
  825096384       N/A                  05/01/2018    N           8,470,330.90           8,464,387.35          09/01/1999
  255999710       N/A                  08/01/2023    N           8,411,555.31           8,403,907.56          09/01/1999
  255999823       N/A                  10/01/2008    N           8,280,000.51           8,280,000.51          09/01/1999
  255999652       N/A                  06/01/2008    N           8,211,495.87           8,205,802.72          09/01/1999
  255999795       N/A                  09/01/2008    N           7,913,805.97           7,906,661.09          09/01/1999
  255999934       N/A                  10/01/2008    N           7,619,788.48           7,614,446.56          09/01/1999
  255999735       N/A                  08/01/2008    N           7,566,243.74           7,561,062.74          09/01/1999
  255999619       N/A                  08/01/2008    N           7,397,380.37           7,389,352.12          09/01/1999
  255999786       N/A                  08/01/2008    N           7,337,975.18           7,330,217.25          08/01/1999
  255999862       N/A                  10/01/2008    N           7,079,999.73           7,079,999.73          09/01/1999
  255999713       N/A                  07/01/2008    N           6,997,198.28           6,989,707.11          09/01/1999
  255999653       N/A                  06/01/2008    N           6,925,357.95           6,920,556.50          09/01/1999
  255999755       N/A                  07/01/2013    N           6,825,467.69           6,812,187.71          09/01/1999
  255999605       N/A                  05/01/2008    N           6,881,270.46           6,876,481.63          09/01/1999
  355132454       N/A                  06/01/2018    N           6,712,086.19           6,698,802.04          09/01/1999
  255999583       N/A                  06/01/2008    N           6,731,596.70           6,727,258.10          09/01/1999
  825113985       N/A                  06/01/2013    N           6,377,814.33           6,362,483.03          09/01/1999
  255999822       N/A                  09/01/2008    N           6,294,563.00           6,290,112.71          09/01/1999
  255999768       N/A                  08/01/2013    N           6,214,751.52           6,208,094.21          09/01/1999
  255999886       N/A                  09/01/2013    N           5,946,144.46           5,941,790.53          09/01/1999
  255999665       N/A                  06/01/2008    N           5,942,679.61           5,938,711.98          09/01/1999
  355132447       N/A                  08/01/2008    N           5,913,155.09           5,906,302.64          09/01/1999
  255999894       N/A                  10/01/2005    N           5,880,193.11           5,875,922.83          09/01/1999
  255999952       N/A                  10/01/2008    N           5,852,418.94           5,848,168.84          08/01/1999
  255999869       N/A                  09/01/2008    N           5,822,853.95           5,816,315.18          09/01/1999
  825999687       N/A                  06/01/2016    N           5,693,286.61           5,693,286.61          09/01/1999
  255999728       N/A                  07/01/2008    N           5,643,589.51           5,639,654.55          09/01/1999
  255999568       N/A                  05/01/2013    N           5,636,950.39           5,633,133.47          09/01/1999
  255999664       N/A                  07/01/2008    N           5,466,327.28           5,460,195.57          09/01/1999
  255999938       N/A                  10/01/2008    N           5,211,131.61           5,207,733.85          09/01/1999
  825999644       N/A                  06/01/2020    N           5,083,936.24           5,077,656.05          09/01/1999
  255999880       N/A                  09/01/2008    N           5,032,736.81           5,027,027.29          09/01/1999
  255999767       N/A                  08/01/2013    N           4,907,785.36           4,891,699.28          09/01/1999
  255999730       N/A                  07/01/2008    N           4,907,303.22           4,898,387.65          08/01/1999
  255999658       N/A                  06/01/2008    N           4,947,966.04           4,944,637.94          09/01/1999
  255999657       N/A                  06/01/2008    N           4,947,052.60           4,943,652.14          09/01/1999
  255999610       N/A                  05/01/2008    N           4,908,228.19           4,902,317.96          09/01/1999
  255999877       N/A                  09/01/2008    N           4,790,074.62           4,785,047.26          09/01/1999
  255999945       N/A                  11/01/2016    N           4,676,622.78           4,674,665.13          09/01/1999
  255999777       N/A                  08/01/2008    N           4,636,033.20           4,631,033.16          09/01/1999
  255999861       N/A                  10/01/2008    N           4,639,999.57           4,639,999.57          09/01/1999
  825999704       N/A                  06/01/2016    N           4,473,951.47           4,473,951.47          09/01/1999
  255999534       N/A                  06/01/2008    N           4,423,732.71           4,418,030.65          09/01/1999
  255999937       N/A                  10/01/2008    N           4,367,424.51           4,364,576.86          09/01/1999
  255999865       N/A                  09/01/2028    N           4,333,958.09           4,331,210.95          09/01/1999
  430000002       N/A                  07/01/2008    N           4,181,415.87           4,173,795.07          09/01/1999
  430000004       N/A                  05/01/2008    N           4,154,903.96           4,152,191.86          09/01/1999
  255096337       N/A                  07/01/2016    N           4,122,047.65           4,120,308.84          09/01/1999
  825999705       N/A                  06/01/2016    N           3,923,875.47           3,923,875.47          09/01/1999
  255999614       N/A                  06/01/2013    N           4,008,681.26           4,006,051.26          09/01/1999
  255999910       N/A                  10/01/2008    N           3,993,765.03           3,991,000.91          09/01/1999
  255999682       N/A                  06/01/2013    N           3,950,213.67           3,943,213.88          09/01/1999
  255999939       N/A                  10/01/2008    N           3,970,386.00           3,967,797.23          09/01/1999
  255999810       N/A                  09/01/2013    N           3,965,079.09           3,962,275.76          09/01/1999
  255999940       N/A                  10/01/2008    N           3,944,831.14           3,939,558.82          09/01/1999
  255999809       N/A                  09/01/2008    N           3,947,244.55           3,942,766.49          09/01/1999
  255999662       N/A                  08/01/2013    N           3,953,551.12           3,950,026.19          09/01/1999
  255999796       N/A                  08/01/2013    N           3,944,660.41           3,940,323.43          09/01/1999
  255999606       N/A                  05/01/2008    N           3,914,359.79           3,911,573.01          09/01/1999
  255999624       N/A                  06/01/2008    N           3,859,837.31           3,857,275.01          09/01/1999
  255999736       N/A                  08/01/2008    N           3,850,500.65           3,847,864.01          09/01/1999
  255999608       N/A                  06/01/2008    N           3,806,139.36           3,803,671.62          09/01/1999
  255999601       N/A                  05/01/2008    N           3,787,375.19           3,785,160.42          09/01/1999
  255999884       N/A                  09/01/2008    N           3,700,541.79           3,696,343.61          09/01/1999
  255999741       N/A                  07/01/2008    N           3,662,607.19           3,659,987.37          09/01/1999
  825114316       N/A                  01/01/2019    N           3,618,909.42           3,612,575.09          09/01/1999
  255999881       N/A                  09/01/2008    N           3,590,018.90           3,585,946.11          09/01/1999
  255999663       N/A                  07/01/2008    N           3,566,656.26           3,564,364.74          09/01/1999
  255999732       N/A                  07/01/2008    N           3,545,118.65           3,541,090.87          09/01/1999
  255999908       N/A                  10/01/2008    N           3,484,320.47           3,472,778.99          09/01/1999
  255999609       N/A                  06/01/2008    N           3,523,509.63           3,521,184.28          09/01/1999
  255999623       N/A                  06/01/2013    N           3,448,455.63           3,446,193.18          09/01/1999
  255999813       N/A                  10/01/2008    N           3,422,302.10           3,419,830.65          09/01/1999
  825999667       N/A                  06/01/2016    N           3,327,959.81           3,327,959.81          09/01/1999
  255999616       N/A                  06/01/2008    N           3,360,276.84           3,353,955.07          09/01/1999
  255999831       N/A                  10/01/2008    N           3,319,206.72           3,315,376.35          09/01/1999
  255999679       N/A                  07/01/2008    N           3,287,449.71           3,285,183.69          09/01/1999
  825999676       N/A                  06/01/2016    N           3,199,608.73           3,199,608.73          09/01/1999
  255999953       N/A                  10/01/2008    N           3,253,548.14           3,251,185.37          09/01/1999
  255999557       N/A                  05/01/2008    N           3,170,639.06           3,167,174.96          09/01/1999
  255999883       N/A                  09/01/2008    N           3,147,927.50           3,144,356.25          09/01/1999
  825999572       N/A                  06/01/2020    N           3,141,214.20           3,137,333.85          09/01/1999
  255999774       N/A                  07/01/2008    N           3,120,824.30           3,118,819.23          09/01/1999
  255999814       N/A                  09/01/2013    N           3,071,219.22           3,068,510.29          09/01/1999
  888868955       N/A                  05/01/2028    N           3,049,838.55           3,047,713.65          09/01/1999
  255999779       N/A                  08/01/2008    N           2,971,248.32           2,969,088.87          09/01/1999
  255999723       N/A                  08/01/2008    N           2,958,952.08           2,955,740.77          09/01/1999
  255999545       N/A                  05/01/2023    N           2,946,368.21           2,942,924.88          09/01/1999
  255999760       N/A                  07/01/2008    N           2,930,911.17           2,928,885.10          09/01/1999
  255999620       N/A                  06/01/2013    N           2,913,964.77           2,912,052.98          09/01/1999
  255999887       N/A                  09/01/2008    N           2,899,034.53           2,896,941.18          09/01/1999
  255999509       N/A                  05/01/2008    N           2,868,986.66           2,865,720.70          09/01/1999
  255999811       N/A                  08/01/2008    N           2,873,751.23           2,871,806.04          09/01/1999
  255999771       N/A                  07/01/2008    N           2,857,246.64           2,854,123.19          09/01/1999
  255999604       N/A                  05/01/2008    N           2,846,807.15           2,844,780.40          09/01/1999
  255999785       N/A                  08/01/2008    N           2,836,984.67           2,834,962.93          09/01/1999
  255999719       N/A                  06/01/2013    N           2,827,762.57           2,825,860.56          09/01/1999
  255999889       N/A                  11/01/2013    N           2,781,027.09           2,779,223.21          09/01/1999
  255999746       N/A                  07/01/2008    N           2,726,041.79           2,723,214.37          09/01/1999
  255999784       N/A                  10/01/2008    N           2,720,101.63           2,717,346.69          09/01/1999
  825999577       N/A                  07/01/2020    N           2,717,359.29           2,714,205.54          09/01/1999
  825114351       N/A                  06/01/2018    N           2,700,751.20           2,696,470.51          09/01/1999
  255999724       N/A                  07/01/2008    N           2,713,073.09           2,711,197.60          09/01/1999
  255114152       N/A                  06/01/2018    N           2,681,124.95           2,676,286.74          09/01/1999
  825999661       N/A                  12/01/2017    N           2,674,730.38           2,668,800.27          09/01/1999
  255999791       N/A                  09/01/2008    N           2,676,428.35           2,674,536.10          09/01/1999
  255999867       N/A                  09/01/2008    N           2,675,089.04           2,673,061.65          09/01/1999
  255999681       N/A                  06/01/2018    N           2,634,562.48           2,629,978.92          09/01/1999
  255999876       N/A                  09/01/2013    N           2,646,216.16           2,644,601.16          09/01/1999
  825114192       N/A                  07/01/2018    N           2,607,523.69           2,602,162.18          09/01/1999
  825999569       N/A                  06/01/2020    N           2,609,624.09           2,606,400.42          09/01/1999
  825999671       N/A                  06/01/2016    N           2,539,517.54           2,539,517.54          09/01/1999
  255999922       N/A                  10/01/2008    N           2,569,783.02           2,566,965.61          09/01/1999
  255999711       N/A                  08/01/2013    N           2,552,051.74           2,550,357.71          08/01/1999
  825999584       N/A                  06/01/2020    N           2,543,708.56           2,540,782.09          09/01/1999
  255999716       N/A                  06/01/2013    N           2,533,358.71           2,531,654.73          09/01/1999
  255999892       N/A                  09/01/2008    N           2,526,806.45           2,524,925.28          09/01/1999
  255999879       N/A                  09/01/2008    N           2,516,368.42           2,513,513.66          09/01/1999
  825999660       N/A                  01/01/2018    N           2,474,539.41           2,469,097.52          09/01/1999
  255999907       N/A                  09/01/2008    N           2,494,641.29           2,492,939.42          09/01/1999
  255999778       N/A                  09/01/2008    N           2,482,538.90           2,479,793.76          09/01/1999
  255999734       N/A                  08/01/2008    N           2,490,043.30           2,488,338.24          09/01/1999
  255999607       N/A                  05/01/2008    N           2,471,186.76           2,469,427.43          09/01/1999
  255999617       N/A                  06/01/2008    N           2,460,813.33           2,458,169.21          09/01/1999
  255999827       N/A                  09/01/2013    N           2,409,922.09           2,401,447.97          09/01/1999
  255999864       N/A                  09/01/2008    N           2,444,874.09           2,442,354.01          09/01/1999
  255999882       N/A                  09/01/2008    N           2,404,858.71           2,402,130.45          09/01/1999
  825999771       N/A                  02/01/2018    N           2,396,392.77           2,393,034.30          09/01/1999
  825999761       N/A                  09/01/2018    N           2,381,260.32           2,377,856.37          09/01/1999
  255999622       N/A                  06/01/2013    N           2,375,514.73           2,373,956.21          09/01/1999
  355132444       N/A                  07/01/2018    N           2,346,408.76           2,342,365.01          09/01/1999
  255999742       N/A                  08/01/2013    N           2,309,546.05           2,301,976.13          09/01/1999
  815999533       N/A                  04/01/2018    N           2,327,970.95           2,322,903.55          09/01/1999
  825999585       N/A                  06/01/2020    N           2,322,987.98           2,320,073.91          09/01/1999
  255999773       N/A                  08/01/2008    N           2,317,156.58           2,314,578.58          09/01/1999
  825999896       N/A                  06/01/2018    N           2,297,503.73           2,292,949.77          09/01/1999
  255999984       N/A                  11/01/2008    N           2,311,105.35           2,309,495.66          09/01/1999
  255999819       N/A                  10/01/2008    N           2,291,328.95           2,289,660.31          09/01/1999
  245999566       N/A                  05/01/2008    N           2,267,216.74           2,263,764.77          09/01/1999
  825999647       N/A                  06/01/2020    N           2,250,203.00           2,247,614.20          09/01/1999
  255114004       N/A                  06/01/2008    N           2,226,177.04           2,224,805.69          09/01/1999
  255999909       N/A                  09/01/2008    N           2,165,459.65           2,163,982.35          09/01/1999
  255999562       N/A                  05/01/2008    N           2,141,052.18           2,139,602.42          09/01/1999
  255999733       N/A                  07/01/2008    N           2,079,410.91           2,077,977.58          09/01/1999
  255999745       N/A                  09/01/2008    N           2,072,521.93           2,070,388.16          09/01/1999
  255999805       N/A                  09/01/2008    N           2,032,597.25           2,031,210.59          09/01/1999
  255999806       N/A                  09/01/2008    N           2,032,103.01           2,030,666.30          09/01/1999
  255999941       N/A                  10/01/2008    N           1,972,415.56           1,969,779.40          09/01/1999
  255999821       N/A                  08/01/2008    N           1,982,517.57           1,981,233.42          09/01/1999
  255999878       N/A                  09/01/2008    N           1,973,713.06           1,971,483.05          09/01/1999
  255999743       N/A                  08/01/2008    N           1,972,023.53           1,969,827.26          09/01/1999
  255114382       N/A                  05/01/2008    N           1,974,486.73           1,972,759.96          09/01/1999
  255999712       N/A                  07/01/2008    N           1,970,620.77           1,968,475.48          09/01/1999
  255999565       N/A                  05/01/2008    N           1,972,918.07           1,971,233.51          09/01/1999
  430000001       N/A                  08/01/2008    N           1,966,824.94           1,965,474.27          09/01/1999
  825114327       N/A                  07/01/2018    N           1,930,622.12           1,926,578.91          09/01/1999
  255999543       N/A                  05/01/2023    N           1,903,353.91           1,901,129.52          09/01/1999
  255999722       N/A                  07/01/2008    N           1,871,355.29           1,869,256.14          09/01/1999
  255999757       N/A                  07/01/2008    N           1,831,819.39           1,830,553.09          09/01/1999
  255999893       N/A                  10/01/2005    N           1,825,161.23           1,823,835.78          09/01/1999
  255999561       N/A                  05/01/2008    N           1,824,591.81           1,823,356.33          09/01/1999
  255999930       N/A                  10/01/2005    N           1,786,284.57           1,785,076.46          09/01/1999
  255999820       N/A                  08/01/2013    N           1,776,447.34           1,774,618.39          09/01/1999
  255999654       N/A                  06/01/2008    N           1,780,717.71           1,779,476.04          09/01/1999
  825999518       N/A                  01/01/2018    N           1,765,945.51           1,763,039.06          09/01/1999
  255999628       N/A                  06/01/2008    N           1,771,151.25           1,769,198.13          09/01/1999
  255999612       N/A                  05/01/2008    N           1,771,898.48           1,770,127.52          09/01/1999
  255999763       N/A                  08/01/2008    N           1,684,434.43           1,683,277.69          09/01/1999
  255999762       N/A                  08/01/2018    N           1,663,685.76           1,660,735.32          09/01/1999
  255999807       N/A                  09/01/2008    N           1,635,595.06           1,634,438.68          09/01/1999
  825114090       N/A                  05/01/2018    N           1,602,509.32           1,599,009.65          09/01/1999
  895096258       N/A                  05/01/2023    N           1,609,438.46           1,607,841.25          09/01/1999
  255999640       N/A                  09/01/2008    N           1,603,568.14           1,601,748.93          09/01/1999
  825999787       N/A                  01/01/2018    N           1,587,295.45           1,585,036.62          09/01/1999
  255999793       N/A                  08/01/2008    N           1,532,527.69           1,531,725.07          09/01/1999
  255999868       N/A                  09/01/2008    N           1,479,787.53           1,478,065.70          09/01/1999
  255999731       N/A                  07/01/2008    N           1,477,132.74           1,475,454.50          09/01/1999
  255999613       N/A                  06/01/2013    N           1,472,819.20           1,471,852.92          09/01/1999
  255999871       N/A                  09/01/2008    N           1,450,745.70           1,449,113.25          08/01/1999
  255999834       N/A                  09/01/2008    N           1,432,622.45           1,431,633.80          09/01/1999
  255999615       N/A                  07/01/2013    N           1,353,226.25           1,352,346.41          09/01/1999
  895096291       N/A                  06/01/2028    N           1,338,304.71           1,337,423.62          09/01/1999
  255999866       N/A                  09/01/2008    N           1,323,901.68           1,321,615.45          09/01/1999
  888868957       N/A                  04/01/2023    N           1,295,278.61           1,294,369.23          09/01/1999
  255999815       N/A                  09/01/2008    N           1,288,967.52           1,288,088.50          09/01/1999
  888868956       N/A                  04/01/2023    N           1,261,298.96           1,260,391.74          09/01/1999
  825999801       N/A                  04/01/2023    N           1,248,196.28           1,247,243.30          09/01/1999
  255999968       N/A                  11/01/2008    N           1,226,300.79           1,225,446.67          09/01/1999
  255999924       N/A                  10/01/2008    N           1,225,600.53           1,224,996.24          09/01/1999
  255999794       N/A                  08/01/2016    N           1,221,898.80           1,221,357.40          09/01/1999
  255999729       N/A                  08/01/2008    N           1,164,547.93           1,163,776.73          08/01/1999
  255999564       N/A                  05/01/2008    N           1,162,002.98           1,161,216.16          09/01/1999
  825114355       N/A                  09/01/2013    N           1,137,373.66           1,134,422.63          09/01/1999
  255999758       N/A                  07/01/2008    N           1,139,816.19           1,138,726.52          09/01/1999
  255999765       N/A                  08/01/2008    N           1,139,470.31           1,138,687.80          09/01/1999
  255999544       N/A                  05/01/2023    N           1,122,566.27           1,121,254.36          09/01/1999
  255999935       N/A                  10/01/2008    N           1,115,669.94           1,114,831.18          09/01/1999
  255999808       N/A                  09/01/2008    N           1,090,922.13           1,090,204.49          09/01/1999
  430000003       N/A                  09/01/2008    N             987,370.69             986,306.83          09/01/1999
  125129409       N/A                  06/01/2028    N             983,669.95             983,041.81          09/01/1999
  255999740       N/A                  07/01/2008    N             960,946.56             959,923.16          09/01/1999
  255999759       N/A                  08/01/2013    N             871,942.53             871,343.75          09/01/1999
  255999985       N/A                  11/01/2008    N             848,977.44             848,386.12          09/01/1999
  255999602       N/A                  05/01/2008    N             791,410.26             790,893.67          09/01/1999
  255999621       N/A                  06/01/2013    N             760,164.77             759,666.05          09/01/1999
Totals                                                       1,155,955,101.25       1,154,926,726.44


                      Appraisal               Appraisal                  Res              Mod
    Loan              Reduction               Reduction                 Strat.            Code
   Number                Date                   Amount                    (2)              (3)

  255999875
  255999923
  355132458
  245114383
  255999632
  255999812
  255999634
  255999904
  255999530
  255999903
  255999720
  255999905
  255999739
  255999659
  255999900
  255999717
  255999718
  255999770
  255999911
  255999754
  825114388
  255999744
  825096327
  255999756
  255999955
  255999715
  255999581
  255999925
  255999926
  255999833
  255999899
  145113915
  255999898
  825096384
  255999710
  255999823
  255999652
  255999795
  255999934
  255999735
  255999619
  255999786
  255999862
  255999713
  255999653
  255999755
  255999605
  355132454
  255999583
  825113985
  255999822
  255999768
  255999886
  255999665
  355132447
  255999894
  255999952
  255999869
  825999687
  255999728
  255999568
  255999664
  255999938
  825999644
  255999880
  255999767
  255999730
  255999658
  255999657
  255999610
  255999877
  255999945
  255999777
  255999861
  825999704
  255999534
  255999937
  255999865
  430000002
  430000004
  255096337
  825999705
  255999614
  255999910
  255999682
  255999939
  255999810
  255999940
  255999809
  255999662
  255999796
  255999606
  255999624
  255999736
  255999608
  255999601
  255999884
  255999741
  825114316
  255999881
  255999663
  255999732
  255999908
  255999609
  255999623
  255999813
  825999667
  255999616
  255999831
  255999679
  825999676
  255999953
  255999557
  255999883
  825999572
  255999774
  255999814
  888868955
  255999779
  255999723
  255999545
  255999760
  255999620
  255999887
  255999509
  255999811
  255999771
  255999604
  255999785
  255999719
  255999889
  255999746
  255999784
  825999577
  825114351
  255999724
  255114152
  825999661
  255999791
  255999867
  255999681
  255999876
  825114192
  825999569
  825999671
  255999922
  255999711
  825999584
  255999716
  255999892
  255999879
  825999660
  255999907
  255999778
  255999734
  255999607
  255999617
  255999827
  255999864
  255999882
  825999771
  825999761
  255999622
  355132444
  255999742
  815999533
  825999585
  255999773
  825999896
  255999984
  255999819
  245999566
  825999647
  255114004
  255999909
  255999562
  255999733
  255999745
  255999805
  255999806
  255999941
  255999821
  255999878
  255999743
  255114382
  255999712
  255999565
  430000001
  825114327
  255999543
  255999722
  255999757
  255999893
  255999561
  255999930
  255999820
  255999654
  825999518
  255999628
  255999612
  255999763
  255999762
  255999807
  825114090
  895096258
  255999640
  825999787
  255999793
  255999868
  255999731
  255999613
  255999871
  255999834
  255999615
  895096291
  255999866
  888868957
  255999815
  888868956
  825999801
  255999968
  255999924
  255999794
  255999729
  255999564
  825114355
  255999758
  255999765
  255999544
  255999935
  255999808
  430000003
  125129409
  255999740
  255999759
  255999985
  255999602
  255999621
Totals                                              0.00


<FN>
(1) Property Type Code

SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other



(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure
11- Full Payoff
12- Reps and Warranties
13- Other or TBD

(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination


</FN>
</TABLE>



Principal Prepayment Detail

No Principal Prepayments this Period



<TABLE>
<CAPTION>
                            Historical Detail

Delinquencies

Distribution       30-59 Days         60-89 Days      90 Days or More       Foreclosure          REO            Modifications
Date               #       Balance    #      Balance   #     Balance         #      Balance     #     Balance    #     Balance
<S>                <C>     <C>        <C>     <C>       <C>     <C>          <C>     <C>        <C>     <C>      <C>     <C>
09/16/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
08/17/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
07/15/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
06/17/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
05/17/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
04/15/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
03/17/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
02/18/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
01/15/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00



</TABLE>
<TABLE>
<CAPTION>

Prepayments

Distribution      Curtailments           Payoff
Date               #     Amount         #    Amount
<S>                <C>     <C>          <C>     <C>
09/16/99            0       $0.00      0       $0.00
08/17/99            0       $0.00      0       $0.00
07/15/99            0       $0.00      0       $0.00
06/17/99            0       $0.00      0       $0.00
05/17/99            0       $0.00      0       $0.00
04/15/99            0       $0.00      0       $0.00
03/17/99            0       $0.00      0       $0.00
02/18/99            0       $0.00      0       $0.00
01/15/99            0       $0.00      0       $0.00


</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities

Distribution    Next Weighted Avg.           WAM
Date            Coupon        Remit
<S>            <C>           <C>              <C>
09/16/99        7.047832%     7.002552%        135
08/17/99        7.047861%     7.002583%        136
07/15/99        7.047889%     7.002614%        137
06/17/99        7.047922%     7.002649%        138
05/17/99        7.048065%     7.002714%        139
04/15/99        7.048097%     7.002749%        140
03/17/99        7.048126%     7.002779%        141
02/18/99        7.048163%     7.002820%        142
01/15/99        7.048190%     7.002850%        144

<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.

</FN>
</TABLE>
<TABLE>
<CAPTION>


                        Delinquency Loan Detail

                  Offering          # of            Paid               Current            Outstanding     Status of
Loan Number       Document          Months         Through               P & I               P & I        Mortgage
               Cross- Reference     Delinq.         Date               Advances           Advances**       Loan(1)
<S>              <C>                <C>         <C>                      <C>            <C>            <C>

  145113915           32              0          08/01/1999              70,308.49        70,308.49        B
  255999786           42              0          08/01/1999              54,114.58        54,114.58        B
  255999952           57              0          08/01/1999              38,072.20        38,072.20        B
  255999730           67              0          08/01/1999              39,980.16        39,980.16        B
  255999711           147             0          08/01/1999              17,249.28        17,249.28        B
  255999871           212             0          08/01/1999              10,378.84        10,378.84        B
  255999729           224             0          08/01/1999               7,877.37         7,877.37        B
Totals                 7                                                237,980.92       237,980.92







</TABLE>
<TABLE>
<CAPTION>
                 Resolution                                    Actual                Outstanding
Loan Number       Strategy   Servicing      Foreclosure     Principal                 Servicing
                   Code(2)   Transfer Date      Date         Balance                   Advances
<S>                 <C>         <C>            <C>         <C>                       <C>
  145113915                                                    8,745,611.38               0.00
  255999786                                                    7,337,975.18               0.00
  255999952                                                    5,852,418.94               0.00
  255999730                                                    4,907,303.22               0.00
  255999711                                                    2,552,051.74               0.00
  255999871                                                    1,450,745.70               0.00
  255999729                                                    1,164,547.93               0.00
Totals                                                        32,010,654.09               0.00
</TABLE>






<TABLE>
<CAPTION>

Loan Number                               Bankruptcy      REO
                                             Date         Date
<S>                                      <C>              <C>
  145113915
  255999786
  255999952
  255999730
  255999711
  255999871
  255999729
Totals


</TABLE>

<TABLE>



                                        Current         Outstanding       Actual          Outstanding
                                          P & I             P & I        Principal        Servicing
                                         Advances         Advances        Balance         Advances

<S>                 <C>                <C>             <C>                    <C>
Totals by deliquency code:
Totals for status code = B (7 Loans)   237,980.92     237,980.92     32,010,654.09         0.00
</TABLE>

(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO

(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure
11-Full Payoff
12-Reps and Warranties
13-Other or TBD

 ** Outstanding P & I Advances include the current period advance






                  Specially Serviced Loan Detail - Part 1


                 No Specially Serviced Loans this Period



                  Specially Serviced Loan Detail - Part 2




                   No Specially Serviced Loans this Period



                            Modified Loan Detail


                             No Modified Loans


                            Liquidated Loan Detail


                         No Liquidated Loans this Period



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission