SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
and Exchange Act of 1934
Date of Report: 06/18/00
(Date of earliest event reported)
First Union Commercial Mortgage Securities, Inc.
(Exact name of registrant as specified in governing instruments)
North Carolina
(State or other Jurisdiction of Incorporation)
c/o State Street Bank and Trust Company
Corporate Trust Department
Two International Place, 5th Floor
Boston, MA 02110
(Address of Principal Executive Offices) (Zip Code)
(704) 374-6828
(Registrant's telephone number, including area code)
Commission File Number 33-97994
56-1643598 (I.R.S. Employer Identification No.)
Not Applicable
(Former name, former address and former fiscal year if changed
since last report)
<PAGE>
First Union Commercial Mortgage Securities, Inc.
Series 1997-C1
FORM 8-K
INDEX
ITEM DESCRIPTION PAGE NUMBER
Item 5. Other Event 3
Item 7. Financial Statements and
Exhibits 3
Signatures 3
Exhibit A Trustee's Report to
Bondholders 4
<PAGE>
First Union Commercial Mortgage Securities, Inc.
Series 1997-C1
FORM 8-K
ITEMS AND SIGNATURES
ITEMS
Item 5. Other Events
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
Item 7. Financial Statements and Exhibits
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
SIGNATURES
Pursuant to the requirement of the Securities Exchange
Act of 1934, the registrar has duly caused this report to
be signed on its behalf by the
undersigned hereunto duly authorized.
First Union Commercial Mortgage Securities, Inc.
Series 1997-C1
(Registrant)
Date: 06/18/00
By:
Name: David Shepherd
Title: Assistant Secretary
State Street Bank and Trust Company
as Trustee
First Union Commercial Mortgage Securities, Inc.
Series 1997-C1
B233
Report to Certificateholders for Payment Date: June 18, 2000
Payment Summary
<TABLE>
Pass-Thru Int Org.Moody's Org Beg Prin
Class CUSIP Rate Type Rating Balance Balance Distb. Amt
<S> <C> <C> <C> <C> <C> <C> <C>
----------------------------------------------------------------------------------------------------------
A-1 33736LAA3 0.071500 Fixed 200,000,000.00 134,447,174.96 1,290,711.41
A-2 33736LAB1 0.073000 Fixed 318,000,000.00 318,000,000.00 0.00
A-3 33736LAC9 0.073800 Fixed 395,812,000.00 395,812,000.00 0.00
B 33736LAE5 0.074300 Fixed 78,327,000.00 78,327,000.00 0.00
C 33736LAF2 0.074400 Fixed 71,800,000.00 71,800,000.00 0.00
D 33736LAG0 0.075000 Fixed 71,800,000.00 71,800,000.00 0.00
E 33736LAH8 0.077500 Fixed 19,582,000.00 19,582,000.00 0.00
F 33736LAJ4 0.070000 Fixed 71,800,000.00 71,800,000.00 0.00
G 33736LAK1 0.070000 Fixed 13,054,813.00 13,054,813.00 0.00
H 33736LAL9 0.070000 Fixed 26,108,964.00 26,108,964.00 0.00
J 33736LAM7 0.070000 Fixed 13,054,483.00 13,054,483.00 0.00
K 33736LAN5 0.070000 Fixed 26,108,964.00 26,108,964.00 0.00
IO 33736LAD7 0.012923 Variable 1,305,448,224.00 1,239,895,398.96 0.00
R N/A N/A 0.00 0.00 0.00
Totals: 1,305,448,224.00 1,239,895,398.96 1,290,711.41
</TABLE>
Int Total P&I Ending
Distb Amt Payable Balance
801,081.08 2,091,792.49 133,156,463.55
1,934,500.00 1,934,500.00 318,000,000.00
2,434,243.80 2,434,243.80 395,812,000.00
484,974.68 484,974.68 78,327,000.00
445,160.00 445,160.00 71,800,000.00
448,750.00 448,750.00 71,800,000.00
126,467.08 126,467.08 19,582,000.00
418,833.33 418,833.33 71,800,000.00
76,153.08 76,153.08 13,054,813.00
152,302.29 152,302.29 26,108,964.00
76,151.15 76,151.15 13,054,483.00
136,821.87 136,821.87 26,108,964.00
1,335,306.38 1,335,306.38 1,238,604,687.55
0.00 0.00 0.00
8,870,744.75 10,161,456.16 1,238,604,687.55
Distributions per Certificate
Beginning Principal Interest Ending
Class Cert Factor Distrb Distrb Cert Factor
A-1 0.74596227 73.7263927 6.2752980 0.6722359
A-2 1.00000000 0.0000000 6.0833333 1.0000000
A-3 1.00000000 0.0000000 6.1500000 1.0000000
B 1.00000000 0.0000000 6.1916667 1.0000000
C 1.00000000 0.0000000 6.2000000 1.0000000
D 1.00000000 0.0000000 6.2500000 1.0000000
E 1.00000000 0.0000000 6.4583333 1.0000000
F 1.00000000 0.0000000 5.8333333 1.0000000
G 1.00000000 0.0000000 5.8333333 1.0000000
H 1.00000000 0.0000000 5.8333333 1.0000000
J 1.00000000 0.0000000 5.8333333 1.0000000
K 1.00000000 0.0000000 5.5375636 1.0000000
IO * 0.96108038 0.0000000 1.5698677 0.9497852
R 0.00000000 0.0000000 0.0000000 0.0000000
Principal Detail
<TABLE>
Beginning Scheduled Unscheduled Principal Realized Appraisal Rmbs Add Trus Ending
Class Balance Principal Principal Distribution Losses Reduction Amts Exp/Rzd Lse Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 134,447,174.96 1,290,711.41 0.00 1,290,711.41 0.00 0.00 0.00 133,156,463.55
A-2 318,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 318,000,000.00
A-3 395,812,000.00 0.00 0.00 0.00 0.00 0.00 0.00 395,812,000.00
B 78,327,000.00 0.00 0.00 0.00 0.00 0.00 0.00 78,327,000.00
C 71,800,000.00 0.00 0.00 0.00 0.00 0.00 0.00 71,800,000.00
D 71,800,000.00 0.00 0.00 0.00 0.00 0.00 0.00 71,800,000.00
E 19,582,000.00 0.00 0.00 0.00 0.00 0.00 0.00 19,582,000.00
F 71,800,000.00 0.00 0.00 0.00 0.00 0.00 0.00 71,800,000.00
G 13,054,813.00 0.00 0.00 0.00 0.00 0.00 0.00 13,054,813.00
H 26,108,964.00 0.00 0.00 0.00 0.00 0.00 0.00 26,108,964.00
J 13,054,483.00 0.00 0.00 0.00 0.00 0.00 0.00 13,054,483.00
K 26,108,964.00 0.00 0.00 0.00 0.00 0.00 0.00 26,108,964.00
IO * 1,239,895,398.96 0.00 0.00 0.00 0.00 0.00 0.00 1,238,604,687.55
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals: 1,239,895,398.96 1,290,711.41 0.00 1,290,711.41 0.00 0.00 0.00 1,238,604,687.55
</TABLE>
<TABLE>
Interest Detail
Accrued Excess Prepaymt Distribtbl Current Unpaid Payment to Class Interest Prepymt Prems/ Ending Balance
Class Cert Int Int Shtfl Cert Int Int Unpaid Int Dist Amount YMC Unpaid Interest
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 888,938.37 0.00 888,938.37 0.00 0.00 888,938.37 366,121.23 0.00
A-2 1,934,500.00 0.00 1,934,500.00 0.00 0.00 1,934,500.00 0.00 0.00
A-3 2,434,243.80 0.00 2,434,243.80 0.00 0.00 2,434,243.80 0.00 0.00
B 484,974.68 0.00 484,974.68 0.00 0.00 484,974.68 0.00 0.00
C 445,160.00 0.00 445,160.00 0.00 0.00 445,160.00 0.00 0.00
D 448,750.00 0.00 448,750.00 0.00 0.00 448,750.00 0.00 0.00
E 126,467.08 0.00 126,467.08 0.00 0.00 126,467.08 0.00 0.00
F 418,833.33 0.00 418,833.33 0.00 0.00 418,833.33 0.00 0.00
G 76,153.08 0.00 76,153.08 0.00 0.00 76,153.08 0.00 0.00
H 152,302.29 0.00 152,302.29 0.00 0.00 152,302.29 0.00 0.00
J 76,151.15 0.00 76,151.15 0.00 0.00 76,151.15 0.00 0.00
K 152,302.29 0.00 152,302.29 7,722.24 0.00 144,580.05 0.00 161,816.75
IO * 1,307,686.89 0.00 1,307,686.89 0.00 0.00 1,307,686.89 741,694.10 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals: 8,946,462.96 0.00 8,946,462.95 7,722.24 0.00 8,938,740.71 1,107,815.33 161,816.75
** Adjustment for June 18, 1999 payment date.
</TABLE>
Trustee Report to Certificateholders
Mortgage Loan Activity for related Payment Date:
<TABLE>
# of Mortgage Weighted Avr. Weighted Avg Beg. Agg Stated End Agg Stated End Unpaid Avlble
Loans Outs Term to Mat Mtg Rate Prin Bal Prin Bal Prin Bal Distb Amt
<S> <C> <C> <C> <C> <C> <C>
272 93.85 0.08752 1,239,895,764.30 1,238,605,052.89 1,239,295,176.28 10,161,456.16
</TABLE>
Current Current Additional Principal
Realized Losses Trust Fund Exp # of Payoffs Prepayments
0.00 15483.01 0 0.00
Appraisal Reduction Information:
Loan # SPB Apr Red Loan All Unpd Int,Fees Appraised Value P&I Adv.on Loan
N/A 0 0 0 0
Aggregate Delinquency information for related Payment Date:
One Month Two Months 3 Months + Foreclosures
# of Loans 1 0 7 0
Agg Prin Balance 1,889,569.70 0.00 20,048,076.61 0.00
REO Property with Final Recovery Determination:
Mortgage Basis for Final All Proceeds Portion Proceeds Amount of
Loan # Recovery Determination Received to Certificates Realized Loss
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
Liquidated Mortgage Loans: (other than Prepayments in full)
Loan Nature of Liquidation Portion of Proceeds Amount of
# Liquidation Event Proceeds Payable to Cert. Realized Loss
N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A
Trustee Report to Certificateholders
Subordinate Level and Maturity
Original Subordinate Current Subordinate Original Class Maturity
Class Support Percentage Support Percentage at 0 percent CPR
A-1 0.30000 0.31619 February 18, 2004
A-2 0.30000 0.31619 December 18, 2006
A-3 0.30000 0.31619 April 18, 2007
B 0.24000 0.25295 April 18, 2007
C 0.18500 0.19499 April 18, 2007
D 0.13000 0.13702 October 18, 2008
E 0.11500 0.12121 August 18, 2009
F 0.06000 0.06324 December 18, 2014
G 0.05000 0.05270 December 18, 2016
H 0.03000 0.03162 May 18, 2017
J 0.02000 0.02108 March 18, 2020
K 0.00000 0.00000 April 18, 2027
IO * N/A N/A April 18, 2027
R N/A N/A N/A
P&I Advance & Fee Information: Loan Prepayment Information:
Advances: Loan # Amount of Prepayment
- Current P&I N/A N/A N/A
- Outstanding P&I 2,935,317.38 N/A N/A
- Servicing 0.00 N/A N/A
- Nonrecoverable P&I 0.00 N/A N/A
Interest on: N/A N/A
- P&I Advances 7,803.85 Total 0.00
- Servicing Advances 0.00
Servicing Compensation:
- to Master Servicer 41,532.69
- to Special Servicer 49,211.85
<TABLE>
Historical Information (Rolling 24 months)
One Month Del. Two Months Del. Three + Del. Pre-Pmts Mod./REO/Workouts Liqudtns
Date Count Bal Count Bal Count Bal CountBal Count Bal Count Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6/18/2000 1 1,889,569.70 0 0.00 7 20,048,076.61 0 0.00 0 0.00 0 0.00
5/18/2000 1 7,711,975.71 0 0.00 7 20,129,164.92 3 13,405,922.59 0 0.00 0 0.00
4/18/2000 1 7,718,164.57 1 950,897.98 6 19,258,761.15 0 15,000.00 0 0.00 0 0.00
3/18/2000 2 3,958,516.15 0 0.00 6 19,704,804.39 0 -1,151.98 0 0.00 0 0.00
2/18/2000 0 0.00 0 0.00 6 19,414,319.19 0 0.00 0 0.00 0 0.00
1/18/2000 0 0.00 0 0.00 6 19,491,247.34 0 0.00 0 0.00 0 0.00
12/18/1999 0 0.00 5 17,540,214.48 1 2,027,399.30 0 0.00 0 0.00 0 0.00
11/18/1999 0 0.00 0 0.00 7 21,547,307.23 1 4,514,187.51 0 0.00 0 0.00
10/18/1999 0 0.00 5 17,675,472.94 2 3,948,807.05 0 0.00 0 0.00 0 0.00
9/18/1999 0 0.00 5 17,874,684.78 2 4,015,347.71 0 0.00 0 0.00 0 0.00
8/18/1999 1 7,766,111.72 0 0.00 7 21,777,005.27 0 0.00 0 0.00 0 0.00
7/18/1999 1 7,771,914.26 0 0.00 7 21,852,999.24 1 2,414,787.05 0 0.00 0 0.00
6/18/1999 0 0.00 6 20,086,791.45 1 1,914,913.51 1 1,159,168.76 0 0.00 0 0.00
5/18/1999 6 20,086,791.46 1 1,914,913.50 0 0.00 0 0.00 0 0.00 0 0.00
4/18/1999 1 1,917,016.37 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
3/18/1999 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
2/18/1999 1 1,921,650.00 0 0.00 0 0.00 1 779,000.38 0 0.00 0 0.00
1/18/1999 0 0.00 0 0.00 0 0.00 1 974,098.51 0 0.00 0 0.00
1/0/1900 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
1/0/1900 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
1/0/1900 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
1/0/1900 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
1/0/1900 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00
</TABLE>
<TABLE>
First Union-Lehman Brothers Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1997-C1
Underwriter: Lehman / First Union
Loan Level Detail
-----------------------------------------------------------------------------------------------------------------------------------
Offer Property Transf Mat Neg Am End Note Sched Prepay/ Pd Thr Prepm Loan
Conrl# Type Date St Date (Y/N) Schd Bal Rate P&I Lqd Date Prem Status
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
156 Multifamily AR 11/1/2006 N 3051074.27 8.782 26378.20 0.00 6/1/2000 0.00 0
172 Multifamily NV 1/1/2004 N 2768228.98 8.570 23488.54 0.00 5/1/2000 0.00 B
236 Multifamily TX 1/1/2007 N 1358510.76 8.330 10596.57 0.00 6/1/2000 0.00 0
123 Multifamily AZ 1/1/2004 N 3626313.41 8.530 30675.49 0.00 6/1/2000 0.00 0
193 Hotel TX 11/1/2016 N 2112168.70 9.250 20881.76 0.00 6/1/2000 0.00 0
198 Hotel NC 11/1/2019 N 2129838.37 9.250 19711.28 0.00 5/1/2000 0.00 B
25 Hotel VA 11/1/2019 N 8992650.12 9.250 83225.42 0.00 5/1/2000 0.00 B
35 Hotel MA 5/1/2004 N 7425541.54 9.400 66740.17 0.00 6/1/2000 0.00 0
41 Hotel VA 11/1/2019 N 7099460.60 9.250 65704.28 0.00 5/1/2000 0.00 B
84 Hotel CO 5/1/2004 N 4966433.85 9.400 44637.90 0.00 6/1/2000 0.00 0
86 Hotel PA 5/1/2004 N 4875861.50 9.400 45195.80 0.00 6/1/2000 0.00 0
161 Office TX 4/1/2007 N 2985008.52 9.340 26740.62 0.00 5/1/2000 0.00 B
199 Retail MI 4/1/2007 N 2170504.62 8.920 17771.13 0.00 6/1/2000 0.00 0
222 Retail MA 4/1/2007 N 1586146.98 9.060 13914.60 0.00 6/1/2000 0.00 0
228 Industrial OK 4/1/2012 N 1413510.45 8.900 16133.22 0.00 5/1/2000 0.00 B
226 Retail PA 4/1/2007 N 1562264.62 9.072 12956.94 0.00 6/1/2000 0.00 0
21 Multifamily IL 4/1/2004 N 10601598.12 8.290 82194.77 0.00 6/1/2000 0.00 0
245 Multifamily GA 4/1/2007 N 1213974.78 8.537 10233.85 0.00 6/1/2000 0.00 0
38 Retail MD 4/1/2007 N 7495984.99 8.463 59004.55 0.00 6/1/2000 0.00 0
9 Multifamily MD 3/1/2004 N 17884079.67 8.320 139139.57 0.00 5/1/2000 0.00 B
57 Retail FL 4/1/2004 N 5894235.02 8.850 49653.00 0.00 6/1/2000 0.00 0
77 Mobile Home CO 3/1/2007 N 5248873.26 8.330 40872.50 0.00 6/1/2000 0.00 0
11 Hotel IL 3/1/2004 N 13948662.14 9.375 125428.38 0.00 6/1/2000 0.00 0
15 Retail MA 4/1/2007 N 12963780.04 8.710 104251.42 0.00 6/1/2000 0.00 0
117 Multifamily NY 4/1/2017 N 3724447.27 8.550 34839.62 0.00 6/1/2000 0.00 0
17 Multifamily FL 11/1/2006 N 12603890.98 8.475 99728.51 0.00 6/1/2000 0.00 0
152 Multifamily NY 1/1/2007 N 3204292.47 8.445 25245.63 0.00 6/1/2000 0.00 0
154 Multifamily TX 3/1/2004 N 3153599.74 8.020 23892.68 0.00 6/1/2000 0.00 0
157 Self Storage CO 10/1/2006 N 3061650.14 9.460 27869.37 0.00 6/1/2000 0.00 0
158 Retail MD 12/1/2011 N 2761307.86 8.249 31042.63 0.00 5/1/2000 0.00 B
164 Industrial TX 1/1/2012 N 2737435.56 9.250 32162.26 0.00 6/1/2000 0.00 0
162 Retail TX 3/1/2007 N 2970712.93 8.760 25507.52 0.00 6/1/2000 0.00 0
165 Multifamily FL 4/1/2007 N 2995521.77 8.280 23204.00 0.00 5/1/2000 0.00 B
177 Multifamily AL 3/1/2004 N 2692381.19 8.000 20361.97 0.00 6/1/2000 0.00 0
168 Retail PA 1/1/2007 N 2865006.25 8.636 24432.38 0.00 6/1/2000 0.00 0
19 Retail PA 2/1/2007 N 11121281.48 8.840 90576.25 0.00 6/1/2000 0.00 0
196 Retail FL 3/1/2004 N 2189250.36 8.520 17332.45 0.00 6/1/2000 0.00 0
204 Industrial TX 2/1/2004 N 2060661.53 8.980 18013.29 0.00 6/1/2000 0.00 0
203 Multifamily TX 2/1/2004 N 2089446.36 8.450 16455.51 0.00 5/1/2000 0.00 B
23 Retail FL 12/1/2003 N 9212601.60 8.368 72159.93 0.00 6/1/2000 0.00 0
225 Retail TX 1/1/2007 N 1570342.33 8.700 12648.00 0.00 5/1/2000 0.00 B
230 Multifamily TX 2/1/2004 N 1482049.17 8.450 11671.93 0.00 5/1/2000 0.00 B
249 Retail TX 3/1/2007 N 1151281.80 8.940 10021.10 0.00 6/1/2000 0.00 0
28 Multifamily FL 2/1/2007 N 8840288.31 8.500 69925.09 0.00 6/1/2000 0.00 0
13 Office Va 1/1/2007 N 13372826.49 8.740 108073.12 0.00 6/1/2000 0.00 0
22 Multifamily CA 4/1/2007 N 9325432.46 8.570 74091.26 0.00 6/1/2000 0.00 0
40 Multifamily CA 4/1/2007 N 7340344.47 8.570 58319.59 0.00 6/1/2000 0.00 0
7 Retail AL 10/1/2008 N 19456648.15 9.224 164158.40 0.00 6/1/2000 0.00 0
33 Multifamily NC 3/1/2004 N 7606583.24 8.000 57527.15 0.00 5/1/2000 0.00 B
42 Office CA 3/1/2007 N 7158945.59 8.720 57665.07 0.00 5/1/2000 0.00 B
47 Multifamily SC 3/1/2004 N 6562157.51 8.000 49628.36 0.00 6/1/2000 0.00 0
50 Retail NE 1/1/2007 N 6449576.55 8.240 49912.49 0.00 6/1/2000 0.00 0
56 Multifamily SC 3/1/2004 N 6145110.06 8.000 46474.31 0.00 5/1/2000 0.00 B
54 Multifamily TX 2/1/2004 N 6213889.57 8.280 48216.11 0.00 5/1/2000 0.00 B
55 Retail MI 2/1/2007 N 6129255.98 8.860 53096.34 0.00 6/1/2000 0.00 0
66 Multifamily NC 3/1/2004 N 5666128.19 8.000 42851.86 0.00 5/1/2000 0.00 B
67 Retail CT 3/1/2007 N 5644582.92 8.560 44843.84 0.00 6/1/2000 0.00 0
74 Multifamily NC 3/1/2004 N 5433273.81 8.000 41090.82 0.00 5/1/2000 0.00 B
81 Retail MD 12/1/2011 N 4573415.92 8.249 51414.36 0.00 5/1/2000 0.00 B
93 Multifamily MS 3/1/2004 N 4734709.80 8.000 35807.72 0.00 6/1/2000 0.00 0
97 Multifamily VA 3/1/2004 N 4657091.98 8.000 35220.70 0.00 5/1/2000 0.00 B
98 Multifamily TX 1/1/2004 N 4602228.30 8.070 35085.89 0.00 6/1/2000 0.00 0
89 Multifamily AL 3/1/2004 N 4851137.45 8.000 36688.23 0.00 5/1/2000 0.00 B
96 Multifamily TX 3/1/2004 N 4662866.51 8.000 35264.38 0.00 5/1/2000 0.00 B
111 Retail TX 2/1/2007 N 3996577.52 9.030 33078.07 0.00 6/1/2000 0.00 0
113 Retail IL 1/1/2007 N 3916161.82 8.660 33457.55 0.00 6/1/2000 0.00 0
14 Retail FL 12/1/2006 N 13048557.66 8.440 102847.48 0.00 6/1/2000 0.00 0
116 Multifamily TX 3/1/2007 N 3901820.66 9.020 32242.48 0.00 5/1/2000 0.00 B
118 Multifamily AL 10/1/2006 N 3882231.62 8.800 31610.97 0.00 6/1/2000 0.00 0
122 Multifamily TX 3/1/2004 N 3697205.67 8.510 29245.65 0.00 5/1/2000 0.00 B
128 Retail FL 1/1/2007 N 3598506.23 8.740 29081.49 0.00 6/1/2000 0.00 0
16 Office CA 3/1/2007 N 12144095.03 9.230 118894.27 0.00 6/1/2000 0.00 0
139 Retail TX 2/1/2004 N 3405978.13 8.700 27409.62 0.00 6/1/2000 0.00 0
144 Multifamily VA 3/1/2004 N 3292027.37 8.000 24896.98 0.00 6/1/2000 0.00 0
220 Industrial MA 2/1/2007 N 16672648.72 8.940 145305.92 0.00 6/1/2000 0.00 0
70 Office PA 4/1/2007 N 5477079.60 8.990 47795.17 0.00 5/1/2000 0.00 B
106 Self Storage CA 4/1/2007 N 4177560.16 8.900 36207.62 0.00 6/1/2000 0.00 0
202 Retail CA 4/1/2007 N 2065979.31 8.995 18035.36 0.00 5/1/2000 0.00 B
190 Hotel OH 1/1/2012 N 2169582.62 9.250 20017.90 0.00 6/1/2000 0.00 0
205 Hotel MI 2/1/2004 N 2060836.25 9.750 19070.34 0.00 6/1/2000 0.00 0
241 Hotel TN 1/1/2007 N 1282943.33 9.375 11940.75 0.00 6/1/2000 0.00 0
247 Office GA 11/1/2006 N 1196474.52 9.343 10785.10 0.00 6/1/2000 0.00 0
256 Retail GA 1/1/2007 N 1011503.81 8.710 8430.77 0.00 6/1/2000 0.00 0
264 Retail GA 1/1/2007 N 903128.54 8.710 7527.47 0.00 6/1/2000 0.00 0
268 Multifamily NC 10/1/2006 N 858026.72 8.950 7521.98 0.00 6/1/2000 0.00 0
272 Retail GA 1/1/2007 N 818836.35 8.710 6824.91 0.00 6/1/2000 0.00 0
281 Multifamily NC 10/1/2006 N 426458.85 9.050 3766.53 0.00 6/1/2000 0.00 0
210 Retail CO 11/1/2003 N 1981493.01 9.000 17413.32 0.00 6/1/2000 0.00 0
253 Retail NY 1/1/2007 N 1101029.63 9.010 9659.00 0.00 6/1/2000 0.00 0
267 Industrial NH 1/1/2004 N 860060.93 8.730 7387.07 0.00 6/1/2000 0.00 0
274 Multifamily OH 10/1/2006 N 764787.66 9.340 6900.80 0.00 6/1/2000 0.00 0
148 Retail FL 12/1/2003 N 3198256.53 8.780 27610.13 0.00 6/1/2000 0.00 0
150 Multifamily TX 3/1/2012 N 3217117.48 8.900 26315.45 0.00 6/1/2000 0.00 0
143 Retail CA 4/1/2012 N 3302910.09 8.412 27576.07 0.00 6/1/2000 0.00 0
181 Retail IL 3/1/2004 N 2532175.70 8.580 20840.86 0.00 6/1/2000 0.00 0
182 Retail FL 4/1/2007 N 2538301.26 9.040 20995.06 0.00 6/1/2000 0.00 0
185 Multifamily TX 3/1/2007 N 2455260.88 8.400 19236.40 0.00 6/1/2000 0.00 0
189 Retail TX 10/1/2006 N 2267944.99 9.180 20224.47 0.00 6/1/2000 0.00 0
29 Retail IL 12/1/2006 N 8068231.24 8.474 75790.61 0.00 6/1/2000 0.00 0
51 Multifamily TN 11/1/2006 N 6449077.00 8.520 51227.03 0.00 6/1/2000 0.00 0
59 Retail OK 4/1/2007 N 5955244.73 9.040 49257.65 0.00 6/1/2000 0.00 0
71 Self Storage NM 10/1/2006 N 5409355.31 9.560 49599.72 0.00 6/1/2000 0.00 0
10 Multifamily PA 12/1/2006 N 15964635.01 7.992 120979.15 0.00 6/1/2000 0.00 0
83 Multifamily TX 12/1/2003 N 5040077.37 8.280 39175.59 0.00 6/1/2000 0.00 0
88 Multifamily TX 12/1/2003 N 4943152.97 8.280 38422.21 0.00 6/1/2000 0.00 0
95 Retail TX 4/1/2004 N 4731088.00 8.870 38571.39 0.00 6/1/2000 0.00 0
115 Retail FL 4/1/2007 N 3902490.64 8.900 31897.51 0.00 6/1/2000 0.00 0
151 Retail CA 1/1/2004 N 3208612.86 8.645 25712.65 0.00 6/1/2000 0.00 0
149 Retail TX 3/1/2007 N 3197475.83 8.720 27371.05 0.00 6/1/2000 0.00 0
108 Multifamily TX 2/1/2007 N 4017232.49 8.670 34302.07 0.00 6/1/2000 0.00 0
141 Hotel CA 11/1/2019 N 3316166.56 9.375 30957.50 0.00 6/1/2000 0.00 0
8 Multifamily PA 4/1/2012 N 18514807.42 8.657 148212.84 0.00 6/1/2000 0.00 0
163 Multifamily TX 2/1/2007 N 3011696.89 8.390 23595.08 0.00 6/1/2000 0.00 0
39 Multifamily GA 1/1/2007 N 7364004.87 8.080 56190.54 0.00 6/1/2000 0.00 0
60 Multifamily TX 2/1/2007 N 5931090.14 8.540 47076.76 0.00 6/1/2000 0.00 0
79 Office FL 3/1/2007 N 5167901.16 8.940 42416.39 0.00 6/1/2000 0.00 0
85 Multifamily KY 4/1/2007 N 5017808.91 8.630 40074.50 0.00 6/1/2000 0.00 0
120 Multifamily TX 12/1/2006 N 3736376.09 8.500 29603.17 0.00 5/1/2000 0.00 B
160 Multifamily CO 2/1/2007 N 3037607.77 8.790 24634.24 0.00 6/1/2000 0.00 0
169 Retail KS 3/1/2007 N 2897933.36 8.738 23378.84 0.00 6/1/2000 0.00 0
180 Multifamily MN 1/1/2004 N 2547417.00 8.020 19334.69 0.00 6/1/2000 0.00 0
197 Retail AZ 1/1/2007 N 2189739.94 8.866 17887.50 0.00 6/1/2000 0.00 0
231a Retail MO 3/1/2007 N 1305543.98 8.820 10596.67 0.00 6/1/2000 0.00 0
242 Industrial WY 1/1/2007 N 1266288.12 8.740 10884.40 0.00 6/1/2000 0.00 0
266 Office AZ 11/1/2003 N 877460.39 9.075 7306.43 0.00 6/1/2000 0.00 0
20 Retail CO 4/1/2007 N 10879237.56 8.050 82572.35 0.00 6/1/2000 0.00 0
48 Retail AZ 4/1/2004 N 6585768.31 8.910 53875.48 0.00 6/1/2000 0.00 0
44 Retail AZ 4/1/2004 N 6924583.73 8.830 56261.89 0.00 6/1/2000 0.00 0
31 Multifamily MO 3/1/2007 N 8022569.09 8.410 62909.90 0.00 6/1/2000 0.00 0
36 Retail AZ 1/1/2004 N 7497128.08 8.610 59916.39 0.00 6/1/2000 0.00 0
43 Retail CO 12/1/2006 N 6998058.31 8.770 56745.31 0.00 6/1/2000 0.00 0
58 Retail AZ 11/1/2003 N 5946093.75 8.905 48809.19 0.00 6/1/2000 0.00 0
73 Retail AZ 4/1/2012 N 5460046.39 8.770 44135.24 0.00 6/1/2000 0.00 0
80 Retail AZ 4/1/2012 N 5153200.60 8.978 42400.52 0.00 6/1/2000 0.00 0
94 Retail CO 4/1/2007 N 4735299.76 8.970 38935.60 0.00 6/1/2000 0.00 0
100 Retail CA 3/1/2016 N 4267407.32 8.442 40890.45 0.00 6/1/2000 0.00 0
107 Retail MO 4/1/2007 N 4084386.77 9.014 35706.60 0.00 6/1/2000 0.00 0
114 Office AZ 4/1/2007 N 3904895.50 9.030 32271.29 0.00 6/1/2000 0.00 0
140 Multifamily MO 12/1/2011 N 3392660.84 8.295 26405.14 0.00 6/1/2000 0.00 0
6 Retail GA 2/1/2007 N 20573396.54 8.840 167558.14 0.00 6/1/2000 0.00 0
127 Multifamily VA 11/1/2006 N 3613921.99 8.590 28879.96 0.00 6/1/2000 0.00 0
126 Multifamily NC 11/1/2006 N 3641495.70 8.750 29501.27 0.00 6/1/2000 0.00 0
224 Multifamily WI 11/1/2021 N 1577659.19 9.285 13368.45 0.00 6/1/2000 0.00 0
252 Multifamily TN 11/1/2006 N 1134764.74 8.800 9823.97 0.00 6/1/2000 0.00 0
201 Multifamily TN 11/1/2006 N 2110020.39 8.580 16847.34 0.00 6/1/2000 0.00 0
186 Multifamily UT 11/1/2026 N 2440144.39 8.600 19516.70 0.00 6/1/2000 0.00 0
159 Multifamily UT 11/1/2026 N 3061095.89 8.600 24483.17 0.00 6/1/2000 0.00 0
259 Health Care 3/20/2000 OH 11/1/2006 N 947170.36 10.125 9879.18 0.00 1/1/2000 0.00 3
192 Multifamily UT 11/1/2026 N 2207287.69 8.600 17654.27 0.00 6/1/2000 0.00 0
208 Retail 5/7/1999 GA 12/1/2011 N 1822052.16 8.740 20976.02 0.00 1/1/2000 0.00 3
49 Retail IL 1/1/2007 N 6447665.24 8.800 54856.21 0.00 6/1/2000 0.00 0
30 Multifamily TX 11/1/2006 N 8295521.46 8.600 66349.00 0.00 6/1/2000 0.00 0
223 Multifamily GA 12/1/2003 N 1578993.26 9.125 13988.25 0.00 6/1/2000 0.00 0
130 Retail 5/7/1999 GA 12/1/2011 N 3221127.93 8.740 37082.61 0.00 1/1/2000 0.00 3
167 Multifamily MN 1/1/2022 N 2976258.86 9.400 25423.82 0.00 6/1/2000 0.00 0
129 Multifamily AZ 11/1/2006 N 3592942.46 8.750 29107.92 0.00 6/1/2000 0.00 0
280 Multifamily NY 1/1/2007 N 523153.84 9.125 4628.84 0.00 6/1/2000 0.00 0
282 Multifamily NY 1/1/2007 N 411049.29 9.125 3636.95 0.00 6/1/2000 0.00 0
279 Multifamily NY 1/1/2007 N 545191.38 9.125 4823.83 0.00 6/1/2000 0.00 0
255 Multifamily NY 1/1/2007 N 1008939.59 9.125 8927.05 0.00 6/1/2000 0.00 0
277 Multifamily NY 1/1/2007 N 595973.70 9.125 5273.15 0.00 6/1/2000 0.00 0
240 Retail CT 11/1/2006 N 1304618.93 9.125 11572.10 0.00 6/1/2000 0.00 0
110 Multifamily FL 11/1/2006 N 4027060.63 8.625 32278.27 0.00 6/1/2000 0.00 0
271 Self Storage AL 1/1/2007 N 825987.70 9.500 7513.79 0.00 6/1/2000 0.00 0
142 Hotel FL 2/1/2007 N 3330634.33 9.680 30663.96 0.00 6/1/2000 0.00 0
283 Self Storage AL 1/1/2007 N 384180.27 9.500 3494.79 0.00 6/1/2000 0.00 0
214 Retail GA 1/1/2007 N 1768146.08 8.750 15209.66 0.00 6/1/2000 0.00 0
270 Self Storage AL 1/1/2007 N 825987.70 9.500 7513.79 0.00 6/1/2000 0.00 0
244 Multifamily FL 1/1/2007 N 1229733.66 8.600 10458.27 0.00 6/1/2000 0.00 0
229 Multifamily FL 1/1/2007 N 1486565.06 8.600 12642.48 0.00 6/1/2000 0.00 0
248 Multifamily IN 12/1/2006 N 1145613.66 8.205 9464.62 0.00 6/1/2000 0.00 0
257 Multifamily FL 1/1/2007 N 976721.68 8.600 8306.53 0.00 6/1/2000 0.00 0
239 Multifamily TN 12/1/2006 N 1309137.28 8.205 10815.58 0.00 6/1/2000 0.00 0
243 Multifamily MD 1/1/2007 N 1251941.75 8.375 10089.41 0.00 6/1/2000 0.00 0
250 Multifamily TX 11/1/2006 N 1167322.43 9.070 9715.97 0.00 6/1/2000 0.00 0
233 Multifamily TX 10/15/2004 N 1379746.67 9.400 11819.99 0.00 6/1/2000 0.00 0
284 Multifamily UT 8/1/2006 N 381893.00 9.330 3447.63 0.00 6/1/2000 0.00 0
254 Multifamily NY 9/1/2006 N 1041162.84 8.980 8614.15 0.00 6/1/2000 0.00 0
246 Multifamily GA 10/1/2006 N 1202950.97 9.150 10703.60 0.00 6/1/2000 0.00 0
32 Multifamily FL 1/1/2007 N 7705742.37 8.625 61663.17 0.00 5/1/2000 0.00 B
3 Retail MD 1/1/2007 N 27934669.81 8.750 231008.68 0.00 6/1/2000 0.00 0
212 Retail 11/16/1998 FL 3/1/2007 N 1889569.70 8.875 16280.80 0.00 4/1/2000 0.00 1
146 Office SC 1/1/2007 N 3137237.99 9.250 30883.03 0.00 6/1/2000 0.00 0
188 Multifamily TX 1/1/2007 N 2384730.57 8.370 18666.30 0.00 6/1/2000 0.00 0
206 Retail VA 1/1/2007 N 2057163.70 8.875 17775.98 0.00 6/1/2000 0.00 0
92 Retail FL 1/1/2004 N 4801271.30 8.750 39704.62 0.00 6/1/2000 0.00 0
213 Retail GA 1/1/2007 N 1800750.63 8.750 15415.19 0.00 6/1/2000 0.00 0
121 Retail AL 1/1/2007 N 3711797.60 8.625 30387.62 0.00 6/1/2000 0.00 0
24 Multifamily TN 12/1/2006 N 9203441.78 8.200 71036.67 0.00 6/1/2000 0.00 0
269 Multifamily TX 3/1/2007 N 832991.48 9.000 7048.75 0.00 6/1/2000 0.00 0
262 Multifamily TX 3/1/2007 N 931788.37 9.000 7884.76 0.00 6/1/2000 0.00 0
75 Retail NJ 4/1/2007 N 5344826.05 9.030 44171.32 0.00 6/1/2000 0.00 0
91 Hotel NJ 2/1/2007 N 4718593.78 9.000 43558.72 0.00 6/1/2000 0.00 0
278 Multifamily MN 1/1/2027 N 583666.18 8.780 4733.06 0.00 6/1/2000 0.00 0
155 Mobile Home VA 12/1/2006 N 3045819.66 8.360 25466.07 0.00 6/1/2000 0.00 0
276 Multifamily FL 3/1/2007 N 764725.49 8.670 6300.63 0.00 6/1/2000 0.00 0
273 Multifamily FL 1/1/2007 N 814204.19 8.650 6711.05 0.00 6/1/2000 0.00 0
26 Multifamily FL 1/1/2007 N 9025423.47 8.350 70522.67 0.00 6/1/2000 0.00 0
34 Multifamily FL 1/1/2007 N 7569710.19 8.350 59148.04 0.00 6/1/2000 0.00 0
258 Multifamily MD 1/1/2007 N 992511.80 8.650 7959.40 0.00 6/1/2000 0.00 0
217 Industrial AZ 2/1/2012 N 1638026.77 9.750 16599.04 0.00 6/1/2000 0.00 0
52 Retail 5/7/1999 LA 2/1/2012 N 5749486.06 8.910 66185.13 0.00 1/1/2000 0.00 3
105 Retail 5/7/1999 TX 1/1/2012 N 3831607.56 8.690 43819.97 0.00 1/1/2000 0.00 3
261 Multifamily OH 4/1/2022 N 951684.17 9.000 7845.07 0.00 5/1/2000 0.00 B
61 Retail WA 1/1/2004 N 5835063.97 8.875 50669.85 0.00 6/1/2000 0.00 0
109 Retail CA 1/1/2007 N 4020948.70 9.000 35246.25 0.00 6/1/2000 0.00 0
82 Retail NC 1/1/2007 N 5066381.93 8.875 42318.30 0.00 6/1/2000 0.00 0
131 Retail NC 1/1/2007 N 3478456.31 8.650 29695.43 0.00 5/1/2000 0.00 B
145 Office NJ 3/1/2007 N 3255740.56 9.125 27826.83 0.00 6/1/2000 0.00 0
124 Multifamily MA 4/1/2007 N 3676243.01 8.530 29106.78 0.00 6/1/2000 0.00 0
65 Retail SC 1/1/2007 N 5686740.19 8.750 48917.55 0.00 6/1/2000 0.00 0
153 Hotel LA 2/1/2007 N 3131218.24 9.375 29100.04 0.00 6/1/2000 0.00 0
218 Multifamily WI 3/1/2022 N 1674584.16 9.620 14545.55 0.00 6/1/2000 0.00 0
221 Multifamily GA 2/1/2007 N 1616800.16 8.790 13931.94 0.00 6/1/2000 0.00 0
265 Multifamily IN 3/1/2007 N 883202.26 8.700 7548.87 0.00 6/1/2000 0.00 0
45 Retail AZ 2/1/2007 N 6762250.74 9.000 57618.78 0.00 6/1/2000 0.00 0
103 Hotel GA 11/1/2006 N 4154805.50 9.750 40536.88 0.00 6/1/2000 0.00 0
72 Hotel KY 8/1/2001 N 5405240.59 9.625 49855.69 0.00 6/1/2000 0.00 0
200 Multifamily TX 2/1/2007 N 2125776.18 8.750 17646.50 0.00 6/1/2000 0.00 0
211 Multifamily AZ 2/1/2022 N 1945245.02 8.600 15520.23 0.00 6/1/2000 0.00 0
63 Multifamily AZ 2/1/2022 N 5792382.15 8.600 47500.43 0.00 6/1/2000 0.00 0
136 Multifamily CA 3/1/2007 N 3458248.07 8.750 27927.86 0.00 6/1/2000 0.00 0
173 Multifamily NJ 2/1/2007 N 2763194.09 9.350 24064.13 0.00 6/1/2000 0.00 0
209 Retail IN 4/1/2007 N 1987634.01 8.875 17194.52 0.00 6/1/2000 0.00 0
176 Multifamily GA 3/1/2022 N 2674062.50 8.250 22076.60 0.00 6/1/2000 0.00 0
171 Multifamily NY 3/1/2007 N 2802935.87 8.625 23008.90 0.00 6/1/2000 0.00 0
119 Hotel FL 4/1/2007 N 3674303.53 9.375 36035.36 0.00 6/1/2000 0.00 0
179 Retail MD 4/1/2017 N 2480625.85 9.375 24328.49 0.00 6/1/2000 0.00 0
135 Multifamily CT 4/1/2004 N 3467126.06 9.125 28883.97 0.00 5/1/2000 0.00 B
234 Retail TX 4/1/2007 N 1384716.48 9.220 11569.08 0.00 6/1/2000 0.00 0
183 Retail TX 4/1/2007 N 2526868.24 9.220 21630.00 0.00 6/1/2000 0.00 0
263 Retail AZ 3/1/2007 N 907685.66 9.125 8011.45 0.00 5/1/2000 0.00 B
138 Hotel PA 4/1/2007 N 3383010.95 9.125 29672.05 0.00 5/1/2000 0.00 B
112 Multifamily TX 1/1/2007 N 3982757.78 8.520 31583.59 0.00 6/1/2000 0.00 0
215 Multifamily MA 2/1/2007 N 1723625.94 8.840 14908.81 0.00 6/1/2000 0.00 0
133 Hotel MA 4/1/2007 N 3485363.28 9.375 31140.84 0.00 6/1/2000 0.00 0
178 Multifamily TX 1/1/2007 N 2623372.15 8.560 20875.58 0.00 6/1/2000 0.00 0
194 Multifamily TX 4/1/2007 N 2201715.71 8.875 17957.71 0.00 6/1/2000 0.00 0
219 Office NY 3/1/2007 N 1632873.61 9.125 14412.14 0.00 6/1/2000 0.00 0
12 Multifamily 4/22/1999 MD 3/1/2007 N 13598496.15 8.200 104685.62 0.00 6/1/2000 0.00 0
237 Retail TX 4/1/2007 N 1349217.33 9.220 11917.66 0.00 6/1/2000 0.00 0
227 Multifamily TX 4/1/2007 N 1567369.81 8.750 12587.21 0.00 6/1/2000 0.00 0
76 Retail NC 4/1/2007 N 5210722.54 8.875 44855.27 0.00 6/1/2000 0.00 0
4 Retail PA 4/1/2007 N 23330676.90 8.625 190418.48 0.00 6/1/2000 0.00 0
134 Health Care CA 3/1/2007 N 3440917.63 8.370 28673.48 0.00 6/1/2000 0.00 0
147 Retail MA 3/1/2007 N 3210078.26 8.750 27541.81 0.00 6/1/2000 0.00 0
1 Retail CA 4/1/2017 N 32690965.78 8.550 258071.10 0.00 6/1/2000 0.00 0
184 Health Care GA 4/1/2007 N 2438562.07 9.000 21189.71 0.00 5/1/2000 0.00 B
102 Retail GA 4/1/2007 N 4402782.84 8.530 34696.83 0.00 6/1/2000 0.00 0
132 Hotel DE 4/1/2007 N 3411725.13 9.250 33200.17 0.00 6/1/2000 0.00 0
104 Hotel TN 4/1/2007 N 4229875.62 9.375 37792.87 0.00 6/1/2000 0.00 0
137 Hotel GA 4/1/2007 N 3388547.52 9.375 30275.82 0.00 6/1/2000 0.00 0
78 Hotel FL 4/1/2007 N 5184477.86 9.375 46322.00 0.00 6/1/2000 0.00 0
125 Hotel GA 4/1/2007 N 3625746.16 9.375 32395.12 0.00 6/1/2000 0.00 0
37 Health Care MT 4/1/2007 N 7497026.64 8.490 59151.78 0.00 6/1/2000 0.00 0
5 Multifamily IN 4/1/2007 N 21636266.52 8.250 167156.82 0.00 6/1/2000 0.00 0
46 Retail FL 4/1/2007 N 6615505.25 9.000 57484.95 0.00 6/1/2000 0.00 0
69 Retail FL 4/1/2007 N 5553826.21 9.000 46718.44 0.00 6/1/2000 0.00 0
87 Hotel VA 4/1/2017 N 4799944.07 9.250 46709.21 0.00 6/1/2000 0.00 0
2 Multifamily NJ 4/1/2027 N 29198636.84 8.420 228975.31 0.00 5/1/2000 0.00 B
68 Hotel NJ 4/1/2007 N 5591103.50 9.375 49955.10 0.00 6/1/2000 0.00 0
235 Office AZ 4/1/2007 N 1358188.93 9.250 12023.60 0.00 5/1/2000 0.00 B
232 Multifamily TX 4/1/2007 N 1426027.88 9.160 12540.16 0.00 6/1/2000 0.00 0
207 Multifamily TX 4/1/2007 N 2030277.30 9.160 17853.78 0.00 6/1/2000 0.00 0
174 Multifamily TX 4/1/2004 N 2765844.34 8.540 21917.70 0.00 5/1/2000 0.00 B
191 Retail IL 4/1/2007 N 2217601.99 8.810 17987.10 0.00 6/1/2000 0.00 0
27 Multifamily TX 4/1/2004 N 8855998.03 8.400 69327.23 0.00 6/1/2000 0.00 0
166 Industrial FL 4/1/2004 N 2974673.82 8.832 24173.21 0.00 6/1/2000 0.00 0
170 Retail FL 4/1/2007 N 2830382.96 8.980 23292.34 0.00 6/1/2000 0.00 0
216 Hotel OK 4/1/2017 N 1647313.49 10.000 16887.88 0.00 5/1/2000 0.00 B
175 Retail 5/7/1999 MD 11/1/2011 N 2498082.18 8.938 29154.42 0.00 1/1/2000 0.00 3
195 Retail 5/7/1999 NY 11/1/2011 N 1978550.36 8.938 23091.11 0.00 3/1/1999 0.00 3
------------------------------------------------------------------------------------------------------------------------------------
totals 1,238,605,053 10,334,071 0.00 22
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
Delinquency Loan Detail
Offer Paid Thru Current Outstand Adv Loan Spec Ser Foreclose Bankrupt REO
Control# Period Date P&I Adv P&I Adv Desc(1) Status Trans Date Date Date Date
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
52 6/18/2000 1/1/2000 66185.00 328,744.00 3 3 5/6/1999 n/a n/a n/a
105 6/18/2000 1/1/2000 43820.00 217,645.00 3 3 5/6/1999 n/a n/a n/a
130 6/18/2000 1/1/2000 37083.00 184,190.00 3 3 5/6/1999 n/a n/a n/a
175 6/18/2000 1/1/2000 29154.00 144,824.00 3 3 5/6/1999 n/a n/a n/a
195 6/18/2000 3/1/1999 23091.00 344,069.00 3 3 5/6/1999 n/a n/a n/a
208 6/18/2000 1/1/2000 20976.00 104,188.00 3 3 5/6/1999 n/a n/a n/a
259 6/18/2000 1/1/2000 9879.00 48,741.00 3 2 3/20/2000 n/a n/a n/a
212 6/18/2000 4/1/2000 16281.00 32,273.00 0 2 11/18/1998 n/a n/a n/a
12 6/18/2000 6/1/2000 104686.00 0.00 1 1 5/13/1999 n/a n/a n/a
52 5/18/2000 12/1/1999 66185.00 328,735.00 3 3 5/6/1999 n/a n/a n/a
105 5/18/2000 12/1/1999 43820.00 217,639.00 3 3 5/6/1999 n/a n/a n/a
130 5/18/2000 12/1/1999 37083.00 184,185.00 3 3 5/6/1999 n/a n/a n/a
175 5/18/2000 12/1/1999 29154.00 144,820.00 3 3 5/6/1999 n/a n/a n/a
195 5/18/2000 3/1/1999 23091.00 321,127.00 3 3 5/6/1999 n/a n/a n/a
208 5/18/2000 12/1/1999 20976.00 104,186.00 3 3 5/6/1999 n/a n/a n/a
259 5/18/2000 1/1/2000 9879.00 38,992.00 3 n/a 3/20/2000 n/a n/a n/a
32 5/18/2000 3/1/2000 61663.00 121,589.00 1 n/a n/a n/a n/a n/a
12 5/18/2000 5/1/2000 104686.00 0.00 0 1 5/13/1999 n/a n/a n/a
212 5/18/2000 4/1/2000 16281.00 16,139.00 0 2 11/18/1998 n/a n/a n/a
52 4/18/2000 12/1/1999 66185.00 262985.00 3 3 5/6/1999 n/a n/a n/a
105 4/18/2000 12/1/1999 43820.00 174109.00 3 3 5/6/1999 n/a n/a n/a
130 4/18/2000 12/1/1999 37083.00 147346.00 3 3 5/6/1999 n/a n/a n/a
175 4/18/2000 12/1/1999 29154.00 115854.00 3 3 5/6/1999 n/a n/a n/a
195 4/18/2000 3/1/1999 23091.00 298185.00 3 3 5/6/1999 n/a n/a n/a
208 4/18/2000 12/1/1999 20976.00 83347.00 3 3 5/6/1999 n/a n/a n/a
32 4/18/2000 2/1/2000 61663.00 121588.00 1 n/a n/a n/a n/a n/a
259 4/18/2000 1/1/2000 9879.00 29244.00 2 1 3/20/2000 n/a n/a n/a
12 4/18/2000 3/1/2000 104686.00 0.00 0 1 5/13/1999 n/a n/a n/a
212 4/18/2000 3/1/2000 16281.00 0.00 0 2 11/18/1998 n/a n/a n/a
52 3/18/2000 11/1/1999 66185.00 262978.00 3 3 n/a n/a n/a n/a
105 3/18/2000 11/1/1999 43820.00 174105.00 3 3 n/a n/a n/a n/a
130 3/18/2000 11/1/1999 37083.00 147342.00 3 3 n/a n/a n/a n/a
175 3/18/2000 11/1/1999 29154.00 115851.00 3 3 n/a n/a n/a n/a
195 3/18/2000 3/1/1999 23091.00 275244.00 3 3 n/a n/a n/a n/a
208 3/18/2000 11/1/1999 20976.00 83345.00 3 3 n/a n/a n/a n/a
161 3/18/2000 1/1/2000 26741.00 53031.00 1 n/a n/a n/a n/a n/a
259 3/18/2000 1/1/2000 9879.00 19496.00 1 n/a n/a n/a n/a n/a
52 2/18/2000 9/1/1999 66185.00 264741.00 3 n/a n/a n/a n/a n/a
105 2/18/2000 9/1/1999 43820.00 175280.00 3 n/a n/a n/a n/a n/a
130 2/18/2000 9/1/1999 37083.00 148330.00 3 n/a n/a n/a n/a n/a
175 2/18/2000 9/1/1999 29154.00 116618.00 3 n/a n/a n/a n/a n/a
195 2/18/2000 3/1/1999 23091.00 230911.00 3 n/a n/a n/a n/a n/a
208 2/18/2000 9/1/1999 20976.00 83904.00 3 n/a n/a n/a n/a n/a
52 1/18/2000 9/1/1999 66185.00 262964.00 3 n/a n/a n/a n/a n/a
105 1/18/2000 9/1/1999 43820.00 174095.00 3 n/a n/a n/a n/a n/a
130 1/18/2000 9/1/1999 37083.00 147334.00 3 n/a n/a n/a n/a n/a
175 1/18/2000 9/1/1999 29154.00 115845.00 3 n/a n/a n/a n/a n/a
195 1/18/2000 3/1/1999 23091.00 229354.00 3 n/a n/a n/a n/a n/a
208 1/18/2000 9/1/1999 20976.00 83341.00 3 n/a n/a n/a n/a n/a
52 12/18/1999 9/1/1999 66185.00 197221.00 2 n/a n/a n/a n/a n/a
105 12/18/1999 9/1/1999 43820.00 130570.00 2 n/a n/a n/a n/a n/a
130 12/18/1999 9/1/1999 37083.00 110499.00 2 n/a n/a n/a n/a n/a
175 12/18/1999 9/1/1999 29154.00 86883.00 2 n/a n/a n/a n/a n/a
195 12/18/1999 3/1/1999 23091.00 206425.00 3 n/a n/a n/a n/a n/a
208 12/18/1999 9/1/1999 20976.00 62205.00 2 n/a n/a n/a n/a n/a
52 11/18/1999 7/1/1999 66185.00 262951.00 3 n/a n/a n/a n/a n/a
105 11/18/1999 7/1/1999 43820.00 174086.00 3 n/a n/a n/a n/a n/a
130 11/18/1999 7/1/1999 37083.00 147327.00 3 n/a n/a n/a n/a n/a
175 11/18/1999 7/1/1999 29154.00 115839.00 3 n/a n/a n/a n/a n/a
195 11/18/1999 3/1/1999 23091.00 183487.00 3 n/a n/a n/a n/a n/a
208 11/18/1999 7/1/1999 20976.00 83336.00 3 n/a n/a n/a n/a n/a
212 10/18/1999 3/1/1999 16281.00 112947.00 3 n/a n/a n/a n/a n/a
52 10/18/1999 7/1/1999 66185.00 197211.00 2 n/a n/a n/a n/a n/a
105 10/18/1999 7/1/1999 43820.00 130563.00 2 n/a n/a n/a n/a n/a
130 10/18/1999 7/1/1999 37083.00 110494.00 2 n/a n/a n/a n/a n/a
175 10/18/1999 7/1/1999 29154.00 86878.00 2 n/a n/a n/a n/a n/a
195 10/18/1999 3/1/1999 23091.00 160549.00 3 n/a n/a n/a n/a n/a
208 10/18/1999 7/1/1999 20976.00 62501.00 2 n/a n/a n/a n/a n/a
212 9/18/1999 3/1/1999 16281.00 96809.00 3 n/a n/a n/a n/a n/a
52 9/18/1999 3/1/1999 66185.00 394398.00 3 n/a n/a n/a n/a n/a
105 9/18/1999 3/1/1999 43820.00 261110.00 3 n/a n/a n/a n/a n/a
130 9/18/1999 3/1/1999 37083.00 220974.00 3 n/a n/a n/a n/a n/a
175 9/18/1999 3/1/1999 29154.00 173746.00 3 n/a n/a n/a n/a n/a
195 9/18/1999 3/1/1999 23091.00 137612.00 3 n/a n/a n/a n/a n/a
208 9/18/1999 3/1/1999 20976.00 124995.00 3 n/a n/a n/a n/a n/a
32 8/18/1999 6/199 61663.00 121576.00 1 n/a n/a n/a n/a n/a
212 8/18/1999 3/1/1999 16281.00 80672.00 3 n/a n/a n/a n/a n/a
52 8/18/1999 3/1/1999 66185.00 328662.00 3 n/a n/a n/a n/a n/a
105 8/18/1999 3/1/1999 43820.00 217590.00 3 n/a n/a n/a n/a n/a
130 8/18/1999 3/1/1999 37083.00 184143.00 3 n/a n/a n/a n/a n/a
175 8/18/1999 3/1/1999 29154.00 144787.00 3 n/a n/a n/a n/a n/a
195 8/18/1999 3/1/1999 23091.00 114676.00 3 n/a n/a n/a n/a n/a
208 8/18/1999 3/1/1999 20976.00 104162.00 3 n/a n/a n/a n/a n/a
32 7/18/1999 5/1/1999 61663.00 121576.00 1 n/a n/a n/a n/a n/a
212 7/18/1999 3/1/1999 16281.00 64539.00 3 n/a n/a n/a n/a n/a
52 7/18/1999 3/1/1999 66185.00 262925.00 3 n/a n/a n/a n/a n/a
105 7/18/1999 3/1/1999 43820.00 174069.00 3 n/a n/a n/a n/a n/a
130 7/18/1999 3/1/1999 37083.00 147312.00 3 n/a n/a n/a n/a n/a
175 7/18/1999 3/1/1999 29154.00 115828.00 3 n/a n/a n/a n/a n/a
195 7/18/1999 3/1/1999 23091.00 91739.00 3 n/a n/a n/a n/a n/a
208 7/18/1999 3/1/1999 20976.00 83328.00 3 n/a n/a n/a n/a n/a
212 6/18/1999 2/1/1999 16281.00 64548.00 3 n/a n/a n/a n/a n/a
52 6/18/1999 3/1/1999 66185.00 197192.00 2 n/a n/a n/a n/a n/a
105 6/18/1999 3/1/1999 43820.00 130550.00 2 n/a n/a n/a n/a n/a
130 6/18/1999 3/1/1999 37083.00 110482.00 2 n/a n/a n/a n/a n/a
175 6/18/1999 3/1/1999 29154.00 86870.00 2 n/a n/a n/a n/a n/a
195 6/18/1999 3/1/1999 23019.00 68803.00 2 n/a n/a n/a n/a n/a
208 6/18/1999 3/1/1999 20976.00 62495.00 2 n/a n/a n/a n/a n/a
52 5/18/1999 3/1/1999 66185.00 131460.00 1 n/a n/a n/a n/a n/a
105 5/18/1999 3/1/1999 43820.00 87032.00 1 n/a n/a n/a n/a n/a
130 5/18/1999 3/1/1999 37083.00 73654.00 1 n/a n/a n/a n/a n/a
175 5/18/1999 3/1/1999 29154.00 57912.00 1 n/a n/a n/a n/a n/a
195 5/18/1999 3/1/1999 23019.00 45868.00 1 n/a n/a n/a n/a n/a
208 5/18/1999 3/1/1999 20976.00 41663.00 1 n/a n/a n/a n/a n/a
212 5/18/1999 2/18/1999 16281.00 48415.00 1 n/a n/a n/a n/a n/a
212 4/18/1999 2/18/1999 16281.00 32278.00 1 n/a n/a n/a n/a n/a
No delinquent loans for 3/18/99
201 2181999 12011998 16,131.63 16,131.63 1 n/a n/a n/a n/a n/a
No delinquent loans for 1/18/99
No delinquent loans for 12/18/98
204 11181998 9011998 18,013.29 34,690.40 1 n/a n/a n/a n/a n/a
212 11181998 9011998 16,280.80 32,136.61 1 n/a n/a n/a n/a n/a
No delinquent loans for 10/18/98
No delinquent loans for 9/18/98
No delinquent loans for 8/18/98
204 7181998 5011998 17,771.13 35,567.57 1 n/a n/a n/a n/a n/a
No delinquent loans for 6/18/98
No delinquent loans for 5/18/98
204 4181998 2011998 18,013.29 18,013.29 1 n/a n/a n/a n/a n/a
280 4181998 3011998 4,628.84 4,628.84 1 n/a n/a n/a n/a n/a
204 3181998 1011998 18,013.29 18,013.29 1 n/a n/a n/a n/a n/a
280 3181998 1011998 4,628.84 4,628.84 1 n/a n/a n/a n/a n/a
No delinquent loans for 2/18/98
76 1181998 11011997 44,885.27 44,885.27 1 n/a n/a n/a n/a n/a
No delinquent loans for 12/18/97
No delinquent loans for 11/18/97
No delinquent loans for 10/18/97
No delinquent loans for 9/18/97
No delinquent loans for 8/18/97
No delinquent loans for 7/18/97
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Specially Serviced Loan Summary
Number of Loans as of the Closing Date 283*
Principal Balance as of the Closing Date 1,305,448,224.47
Current Number of Loans 272
Current Outstanding Principal Balance 1,239,295,176.28
Current Number of Specially Serviced Loans 9
Current Outstanding Principal Balance of Specially Serviced Loans 35,641,134.00
Percent of Specially Serviced Loans (per Current Number of Loans) 0.03309
Percent of Specially Serviced Loans (per Current Outstanding Principal Balance) 0.02876
Curr Bal Curr Bal
as % of as % of
Number of Initial Current Spec Total Pool
Specially Serviced Loan Status Loans Prin Bal Prin Bal Serv Loans Balance
1 = Request for waiver of Prepayment Penalty
2 = Payment Default
3 = Request for Loan Modification or Workout 1 13,981,900.46 13,610,179.00 0.38187 0.01098
4 = Loans with Borrower Bankruptcy 6 21,677,565.67 19,190,517.00 0.53844 0.01549
6 = Loans now REO Property 2 2,963,844.61 2,840,438.00 0.07970 0.00229
8 = Loans Returned to Master Servicer
Original Loan count includes four loans which have subsequently been combined
into one
</TABLE>
Specially Serviced Loan Detail
Offer Transfer Sched Maturity Prop
Control# Date Prin Bal Date Type State NOI NOI Date
12 5/13/1999 13,598,496.00 3/1/2007 Mulit-Fam. MD
212 11/18/1998 1,822,052.16 3/1/2007 Retail FL
52 5/6/1999 5,749,486.06 2/1/2012 Retail LA
105 5/6/1999 3,831,607.56 1/1/2012 Retail TX
130 5/6/1999 3,221,127.93 12/1/2011 Retail GA
175 5/6/1999 2,498,082.18 11/1/2011 Retail MD
195 5/6/1999 1,978,550.36 11/1/2011 Retail NY
208 5/6/1999 1,822,052.16 12/1/2011 Retail GA
259 3/20/2000 947,170.36 11/1/2006 HC OH