UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
FU00C2_082100, Class AAA_2--Price/Yield
<TABLE>
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN FIX -----------------------------------------
-----------------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
Price 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28532 7.28534 7.28528 7.28511 7.28476 7.28312
100-09 7.28069 7.28070 7.28063 7.28045 7.28008 7.27836
100-10 7.27606 7.27606 7.27598 7.27579 7.27541 7.27360
100-11 7.27144 7.27142 7.27134 7.27113 7.27074 7.26884
100-12 7.26681 7.26678 7.26669 7.26648 7.26607 7.26409
100-13 7.26219 7.26215 7.26205 7.26183 7.26140 7.25934
100-14 7.25757 7.25751 7.25741 7.25718 7.25673 7.25459
100-15 7.25295 7.25288 7.25277 7.25253 7.25207 7.24984
100-16 7.24833 7.24825 7.24814 7.24789 7.24740 7.24510
100-17 7.24372 7.24362 7.24350 7.24324 7.24274 7.24035
100-18 7.23910 7.23900 7.23887 7.23860 7.23808 7.23561
100-19 7.23449 7.23437 7.23424 7.23396 7.23343 7.23087
100-20 7.22988 7.22975 7.22961 7.22932 7.22877 7.22613
100-21 7.22527 7.22513 7.22498 7.22468 7.22412 7.22139
100-22 7.22067 7.22051 7.22036 7.22005 7.21947 7.21666
100-23 7.21606 7.21589 7.21573 7.21542 7.21482 7.21193
100-24 7.21146 7.21128 7.21111 7.21079 7.21017 7.20720
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Spread @ Center Price 149.45 149.40 149.37
WAL 9.61250 9.57470 9.55650
Mod Durn 6.698 6.680 6.671
Mod Convexity 0.583 0.579 0.578
Principal Window Apr10 to Sep10 Jul09 to Sep10 Jul09 to Sep10
Maturity #mos 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 149.32 149.22 148.75
WAL 9.52840 9.48060 9.24490
Mod Durn 6.657 6.633 6.517
Mod Convexity 0.575 0.571 0.549
Principal Window Jul09 to Sep10 Feb09 to Aug10 Sep08 to Jun10
Maturity #mos 118 117 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------------
Type JUN FIX ----------------------------------------
-----------------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28532 7.28527 7.28524 7.28519 7.28501 7.28361
100-09 7.28069 7.28064 7.28061 7.28055 7.28036 7.27888
100-10 7.27606 7.27601 7.27598 7.27591 7.27571 7.27416
100-11 7.27144 7.27138 7.27134 7.27128 7.27107 7.26943
100-12 7.26681 7.26675 7.26672 7.26664 7.26642 7.26471
100-13 7.26219 7.26212 7.26209 7.26201 7.26178 7.25998
100-14 7.25757 7.25750 7.25746 7.25738 7.25714 7.25526
100-15 7.25295 7.25288 7.25284 7.25275 7.25250 7.25055
100-16 7.24833 7.24826 7.24822 7.24813 7.24787 7.24583
100-17 7.24372 7.24364 7.24360 7.24351 7.24323 7.24111
100-18 7.23910 7.23902 7.23898 7.23888 7.23860 7.23640
100-19 7.23449 7.23441 7.23436 7.23426 7.23397 7.23169
100-20 7.22988 7.22979 7.22975 7.22964 7.22934 7.22698
100-21 7.22527 7.22518 7.22513 7.22503 7.22472 7.22227
100-22 7.22067 7.22057 7.22052 7.22041 7.22009 7.21757
100-23 7.21606 7.21597 7.21591 7.21580 7.21547 7.21286
100-24 7.21146 7.21136 7.21131 7.21119 7.21085 7.20816
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Spread @ Center Price 149.45 149.43 149.42
WAL 9.61250 9.60290 9.59770
Mod Durn 6.698 6.694 6.691
Mod Convexity 0.583 0.582 0.581
Principal Window Apr10 to Sep10 Jan10 to Sep10 Jan10 to Sep10
Maturity #mos 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR
No prepays During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 149.40 149.34 148.91
WAL 9.58690 9.55600 9.32460
Mod Durn 6.686 6.671 6.557
Mod Convexity 0.580 0.577 0.556
Principal Window Dec09 to Sep10 Oct09 to Sep10 Jul09 to Jul10
Maturity #mos 118 118 116
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------
Type JUN FIX ----------------------------------------
-----------------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=5.83, 6MO=5.83, 1YR=5.83, 2YR=5.83, 5YR=5.77, 10YR=5.74, 30YR=5.78
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
100CPR;
0CPR; Ext36mo 10CPR; Ext36mo 15CPR; Ext36mo 25CPR; Ext36mo 50CPR; Ext36mo EXT36mo 50%
50% 0% rules; 50% 0% rules; 50% 0% rules; 50% 0% rules; 50% 0% rules; 50% 0% rules;
OCDR,30% OCDR,30% OCDR,30% OCDR,30% OCDR,30% OCDR,30%
Price adv 100% lag 12 adv 100% lag 12 adv 100% lag 12 adv 100% lag 12 adv 100% lag 12 adv 100% lag 12
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28978 7.28814 7.28753 7.28653 7.28538 7.28312
100-09 7.28541 7.28367 7.28301 7.28196 7.28074 7.27836
100-10 7.28105 7.27920 7.27849 7.27738 7.27610 7.27360
100-11 7.27668 7.27473 7.27398 7.27281 7.27147 7.26884
100-12 7.27232 7.27027 7.26947 7.26824 7.26683 7.26409
100-13 7.26796 7.26580 7.26496 7.26368 7.26220 7.25934
100-14 7.26360 7.26134 7.26046 7.25911 7.25757 7.25459
100-15 7.25924 7.25688 7.25595 7.25455 7.25295 7.24984
100-16 7.25488 7.25242 7.25145 7.24998 7.24832 7.24510
100-17 7.25053 7.24797 7.24695 7.24542 7.24370 7.24035
100-18 7.24617 7.24351 7.24245 7.24087 7.23907 7.23561
100-19 7.24182 7.23906 7.23795 7.23631 7.23445 7.23087
100-20 7.23747 7.23461 7.23345 7.23175 7.22983 7.22613
100-21 7.23313 7.23016 7.22896 7.22720 7.22522 7.22140
100-22 7.22878 7.22571 7.22447 7.22265 7.22060 7.21666
100-23 7.22444 7.22127 7.21997 7.21810 7.21599 7.21193
100-24 7.22009 7.21682 7.21549 7.21355 7.21138 7.20720
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Spread @ Center Price 151.38 151.21 151.14
WAL 10.52120 10.14350 9.98490
Mod Durn 7.099 6.937 6.868
Mod Convexity 0.669 0.633 0.618
Principal Window May10 to Jul13 Dec09 to May13 Jul09 to Mar13
Maturity #mos 152 150 148
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon Extend 50% 36 mos Extend 50% 36 mos Extend 50% 36 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 150.87 150.59 150.06
WAL 9.78880 9.58910 9.24510
Mod Durn 6.779 6.685 6.517
Mod Convexity 0.599 0.581 0.549
Principal Window Jul09 to Apr12 Feb09 to Feb11 Sep08 to Jun10
Maturity #mos 137 123 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon Extend 50% 36 mos Extend 50% 36 mos Extend 50% 36 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, Class AAA_2--Price/Yield
<TABLE>
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------
Type JUN FIX ----------------------------------------
-----------------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=5.83, 6MO=5.83, 1YR=5.83, 2YR=5.83, 5YR=5.77, 10YR=5.74, 30YR=5.78
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
100CPR;
0COR; Ext36mo 10CPR; Ext36mo 15CPR; Ext36mo 25CPR; Ext36mo 50CPR; Ext36mo Ext36mo 100%
100% 0% rules; 100% 0% rules; 100% 0% rules; 100% 0% rules; 100% 0% rules; 100% 0% rules;
0CDR,30% 0CDR,30% 0CDR,30% 0CDR,30% 0CDR,30% 0CDR,30%
Price adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.29773 7.29496 7.29372 7.29147 7.28750 7.28312
100-09 7.29383 7.29089 7.28958 7.28719 7.28299 7.27836
100-10 7.28992 7.28682 7.28544 7.28291 7.27847 7.27360
100-11 7.28602 7.28276 7.28130 7.27864 7.27396 7.26885
100-12 7.28212 7.27870 7.27716 7.27436 7.26945 7.26409
100-13 7.27823 7.27464 7.27302 7.27008 7.26495 7.25934
100-14 7.27433 7.27058 7.26889 7.26581 7.26044 7.25459
100-15 7.27044 7.26652 7.26476 7.26154 7.25594 7.24984
100-16 7.26654 7.26246 7.26062 7.25727 7.25144 7.24510
100-17 7.26265 7.25841 7.25649 7.25300 7.24694 7.24036
100-18 7.25876 7.25436 7.25237 7.24874 7.24244 7.23561
100-19 7.25487 7.25031 7.24824 7.24447 7.23794 7.23087
100-20 7.25099 7.24626 7.24412 7.24021 7.23345 7.22614
100-21 7.24710 7.24221 7.23999 7.23595 7.22895 7.22140
100-22 7.24322 7.23816 7.23587 7.23169 7.22446 7.21666
100-23 7.23934 7.23412 7.23175 7.22744 7.21997 7.21193
100-24 7.23546 7.23008 7.22763 7.22318 7.21549 7.20720
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Spread @ Center Price 152.16 151.90 151.78
WAL 12.47170 11.71750 11.39100
Mod Durn 7.945 7.625 7.486
Mod Convexity 0.854 0.782 0.751
Principal Window Sep10 to Sep13 Apr10 to Aug13 Dec09 to Aug13
Maturity #mos 154 153 153
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon Extend 100% 36 mos Extend 100% 36 mos Extend 100% 36 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 151.56 151.13 150.06
WAL 10.82950 9.98420 9.24530
Mod Durn 7.244 6.870 6.517
Mod Convexity 0.697 0.617 0.549
Principal Window Aug09 to Jun13 Feb09 to Feb12 Sep08 to Jun10
Maturity #mos 151 135 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon Extend 100% 36 mos Extend 100% 36 mos Extend 100% 36 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------
Type JUN FIX ----------------------------------------------------
----------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=5.83, 6MO=5.83, 1YR=5.83, 2YR=5.83, 5YR=5.77, 10YR=5.74, 30YR=5.78
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
0CPR; Ext10mo 100% 0CPR; Ext10mo 100% 0CPR; Ext10mo 100% 0CPR; Ext10mo 100% 0CPR; Ext10mo 100% 0CPR; Ext10mo 100%
0% rules; 1CDR,25% 0% rules; 3CDR,25% 0% rules; 5CDR,25% 0% rules; 1CDR,50% 0% rules; 3CDR,50% 0% rules; 1CDR,25%
Price adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28492 7.28220 7.27831 7.28514 7.28421 7.28241
100-09 7.28026 7.27739 7.27327 7.28050 7.27952 7.27761
100-10 7.27561 7.27258 7.26823 7.27586 7.27483 7.27281
100-11 7.27096 7.26777 7.26320 7.27122 7.27014 7.26802
100-12 7.26631 7.26297 7.25816 7.26659 7.26545 7.26322
100-13 7.26167 7.25816 7.25313 7.26196 7.26076 7.25843
100-14 7.25702 7.25336 7.24810 7.25732 7.25607 7.25364
100-15 7.25238 7.24856 7.24308 7.25269 7.25139 7.24885
100-16 7.24774 7.24376 7.23805 7.24807 7.24671 7.24406
100-17 7.24310 7.23896 7.23303 7.24344 7.24203 7.23928
100-18 7.23846 7.23417 7.22801 7.23882 7.23735 7.23450
100-19 7.23383 7.22938 7.22299 7.23420 7.23267 7.22971
100-20 7.22920 7.22459 7.21797 7.22958 7.22800 7.22494
100-21 7.22456 7.21980 7.21296 7.22496 7.22333 7.22016
100-22 7.21994 7.21501 7.20794 7.22034 7.21866 7.21538
100-23 7.21531 7.21022 7.20293 7.21573 7.21399 7.21061
100-24 7.21068 7.20544 7.19792 7.21111 7.20932 7.20584
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Spread @ Center Price 150.50 149.86 148.98 150.56
WAL 9.54440 9.13940 8.62750 9.58210
Mod Durn 6.664 6.445 6.154 6.683
Mod Convexity 0.576 0.542 0.500 0.580
Principal Window Mar09 to Sep10 Jan06 to Sep10 Jun05 to Sep10 Jul09 to Sep10
Maturity #mos 118 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 22,529,972.83 (1.97%) 62,753,870.43 (5.49%) 97,218,830.25 (8.51%) 45,059,945.65 (3.94%)
Prepay At 0 CPR At 0 CPR At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None
Pay Exten Princ
Default At 1 CDR At 3 CDR At 5 CDR At 1 CDR
Loss Severity 0.25 0.25 0.25 0.5
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
---------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780
---------------------------------------------------------------------------------------------------------------------------
<CAPTION>
-------------------------------------------------------------------------------
<S> <S> <C>
Spread @ Center Price 150.33 149.91
WAL 9.43470 9.17370
Mod Durn 6.606 6.461
Mod Convexity 0.567 0.545
Principal Window Jun07 to Sep10 Dec05 to Oct10
Maturity #mos 118 119
Accrued Interest 3,875,241.55 3,875,241.55
Total Collat Loss 125,507,740.85 (10.98%) 194,437,660.50 (17.01%)
Prepay At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty
Ext., if balloon None None
Pay Exten Princ
Default At 3 CDR At 5 CDR
Loss Severity 0.5 0.5
Servicer Advances 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N)
-------------------------------------------------------------------------------
CMT_3MO 6.360 6.360
CMT_6MO 6.070 6.070
CMT_1YR 6.160 6.160
CMT_2YR 5.920 5.920
CMT_5YR 5.800 5.800
CMT_10YR 5.750 5.750
CMT_30YR 5.780 5.780
-------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
FU00C2_082100, CLASS IO--PRICE/YIELD
<TABLE>
---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $1,142,819,332 Settle at Pricing
Coupon 1.1238 Original Balance $1,142,819,332 Accrual begins 11/01/2000
Delay 14 Current Balance $1,142,819,332 Factor Date N/A
Stated Maturity N/A Factor 1 ------------------------------------
Type SEN WAC IO --------------------------------------
-------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=5.83, 6MO=5.83, 1YR=5.83, 2YR=5.83, 5YR=5.77, 10YR=5.74, 30YR=5.78
<TABLE>
--------------------------------------------------------------------------------------------------------------------------------
100CPR; ym; 100CPR; Ext0mo 0CPR; Ext0mo 0CPR; Ext0mo 100%
Ext0mo 100% 0% 100% 0% rules; 100% 0% rules; 0CPR; Ext10mo 100% 0CPR; Ext10mo 100% 0% rules; 0 for 12
rules; 0CDR,35% 0CDR,35% 0CDR,35% 0% rules; 1CDR,35% 0% rules; 2CDR,35% 1CDR,35% adv100%
Price adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12 adv100% lag12
Yield
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
7-02+ 9.97928 10.12489 10.47341 9.49647 8.51213 9.74503
7-03 9.92057 10.06446 10.41542 9.43847 8.45412 9.68685
7-03+ 9.86205 10.00425 10.35763 9.38067 8.39632 9.62887
7-04 9.80374 9.94424 10.30004 9.32308 8.33872 9.57109
7-04+ 9.74564 9.88444 10.24265 9.26568 8.28132 9.51351
7-05 9.68773 9.82486 10.18545 9.20848 8.22412 9.45614
7-05+ 9.63001 9.76547 10.12845 9.15148 8.16712 9.39895
7-06 9.57250 9.70630 10.07165 9.09467 8.11031 9.34197
7-06+ 9.51518 9.64732 10.01504 9.03806 8.05369 9.28518
7-07 9.45806 9.58855 9.95863 8.98165 7.99727 9.22858
7-07+ 9.40113 9.52998 9.90240 8.92542 7.94105 9.17218
7-08 9.34439 9.47161 9.84637 8.86939 7.88501 9.11597
7-08+ 9.28785 9.41344 9.79053 8.81354 7.82917 9.05995
7-09 9.23149 9.35547 9.73487 8.75789 7.77351 9.00411
7-09+ 9.17532 9.29769 9.67941 8.70242 7.71804 8.94847
7-10 9.11935 9.24011 9.62413 8.64714 7.66276 8.89302
7-10+ 9.06355 9.18272 9.56903 8.59204 7.60767 8.83775
--------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
--------------------------------------------------
0CPR; Ext0mo 100% 0CPR; Ext0mo 100
0% rules; 0 for 12 0% rules; 0 for 12
2CDR,35% adv100% 2.5CDR,35% adv100%
Price adv100% lag12 adv100% lag12
--------------------------------------------------
<S> <C> <C>
7-02+ 9.01222 8.64584
7-03 8.95384 8.58736
7-03+ 8.89567 8.52909
7-04 8.83770 8.47102
7-04+ 8.77993 8.41316
7-05 8.72236 8.35549
7-05+ 8.66499 8.29802
7-06 8.60781 8.24076
7-06+ 8.55083 8.18368
7-07 8.49405 8.12681
7-07+ 8.43747 8.07013
7-08 8.38107 8.01364
7-08+ 8.32487 7.95734
7-09 8.26885 7.90124
7-09+ 8.21303 7.84532
7-10 8.15739 7.78960
7-10+ 8.10195 7.73406
--------------------------------------------------
</TABLE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Spread @ Center Price 376.81 389.81 426.95 329.05 230.42
WAL 8.81600 8.46530 9.06810 8.73410 8.41560
Mod Durn 3.746 3.640 3.792 3.792 3.792
Mod Convexity 0.223 0.213 0.229 0.230 0.230
Principal Window Dec00 to Jul12 Dec00 to Jul12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12
Maturity #mos 140 140 142 142 142
Accrued Interest 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 31,541,961.96 (2.76%) 60,776,729.43 (5.32%)
Prepay At 100 CPR At 100 CPR At 0 CPR At 0 CPR At 0 CPR
No prepays During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 1 CDR At 2 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C
Spread @ Center Price 353.80 280.22 243.43
WAL 8.80720 8.55680 8.43540
Mod Durn 3.780 3.768 3.762
Mod Convexity 0.228 0.227 0.227
Principal Window Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12
Maturity #mos 142 142 142
Accrued Interest 998,932.40 998,932.40 998,932.40
Total Collat Loss 27,829,746.59 (2.44%) 53,873,132.18 (4.71%) 66,256,547.81 (5.80%)
Prepay At 0 CPR At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 for 12 1 CDR At 0 for 12 2 CDR At 0 for 12 2.5 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
-------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780
-------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_1--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $187,400,000.00 Settle at Pricing
Coupon 7.137 Original Balance $187,400,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $187,400,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ------------------------------------
Type SEN FIX ---------------------------------------
--------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.12421 7.23207 7.28024 7.36554 7.52575 7.80904
100-09 7.11715 7.22450 7.27245 7.35736 7.51678 7.79855
100-10 7.11009 7.21694 7.26467 7.34917 7.50781 7.78806
100-11 7.10304 7.20938 7.25689 7.34100 7.49885 7.77758
100-12 7.09599 7.20182 7.24911 7.33282 7.48989 7.76710
100-13 7.08894 7.19426 7.24134 7.32465 7.48093 7.75663
100-14 7.08190 7.18671 7.23357 7.31648 7.47198 7.74616
100-15 7.07486 7.17916 7.22580 7.30832 7.46303 7.73570
100-16 7.06782 7.17161 7.21804 7.30016 7.45409 7.72524
100-17 7.06079 7.16407 7.21028 7.29200 7.44515 7.71479
100-18 7.05376 7.15653 7.20252 7.28385 7.43621 7.70434
100-19 7.04673 7.14900 7.19477 7.27570 7.42728 7.69390
100-20 7.03970 7.14147 7.18702 7.26756 7.41835 7.68346
100-21 7.03268 7.13394 7.17928 7.25942 7.40942 7.67302
100-22 7.02566 7.12641 7.17153 7.25128 7.40050 7.66259
100-23 7.01865 7.11889 7.16379 7.24314 7.39159 7.65217
100-24 7.01164 7.11137 7.15606 7.23501 7.38268 7.64175
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 127.49 137.40 141.86 149.06 162.51 186.99
WAL 5.70320 5.23450 5.05760 4.76210 4.27480 3.61680
Mod Durn 4.395 4.099 3.984 3.791 3.458 2.958
Mod Convexity 0.279 0.242 0.228 0.206 0.172 0.133
Principal Window Dec00 to Apr10 Dec00 to Jul09 Dec00 to Jul09 Dec00 to Jul09 Dec00 to Feb09 Dec00 to Sep08
Maturity #mos 113 104 104 104 99 94
Accrued Interest 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN FIX --------------------------------------
-----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28532 7.28534 7.28528 7.28511 7.28476 7.28312
100-09 7.28069 7.28070 7.28063 7.28045 7.28008 7.27836
100-10 7.27606 7.27606 7.27598 7.27579 7.27541 7.27360
100-11 7.27144 7.27142 7.27134 7.27113 7.27074 7.26884
100-12 7.26681 7.26678 7.26669 7.26648 7.26607 7.26409
100-13 7.26219 7.26215 7.26205 7.26183 7.26140 7.25934
100-14 7.25757 7.25751 7.25741 7.25718 7.25673 7.25459
100-15 7.25295 7.25288 7.25277 7.25253 7.25207 7.24984
100-16 7.24833 7.24825 7.24814 7.24789 7.24740 7.24510
100-17 7.24372 7.24362 7.24350 7.24324 7.24274 7.24035
100-18 7.23910 7.23900 7.23887 7.23860 7.23808 7.23561
100-19 7.23449 7.23437 7.23424 7.23396 7.23343 7.23087
100-20 7.22988 7.22975 7.22961 7.22932 7.22877 7.22613
100-21 7.22527 7.22513 7.22498 7.22468 7.22412 7.22139
100-22 7.22067 7.22051 7.22036 7.22005 7.21947 7.21666
100-23 7.21606 7.21589 7.21573 7.21542 7.21482 7.21193
100-24 7.21146 7.21128 7.21111 7.21079 7.21017 7.20720
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 149.45 149.40 149.37 149.32 149.22 148.75
WAL 9.61250 9.57470 9.55650 9.52840 9.48060 9.24490
Mod Durn 6.698 6.680 6.671 6.657 6.633 6.517
Mod Convexity 0.583 0.579 0.578 0.575 0.571 0.549
Principal Window Apr10 to Sep10 Jul09 to Sep10 Jul09 to Sep10 Jul09 to Sep10 Feb09 to Aug10 Sep08 to Jun10
Maturity #mos 118 118 118 118 117 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AA--PRICE/YIELD
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $55,713,000.00 Settle at Pricing
Coupon 7.388 Original Balance $55,713,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $55,713,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN FIX CAP ------------------------------------
---------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.42321 7.42321 7.42321 7.42321 7.42315 7.42224
100-09 7.41861 7.41861 7.41861 7.41861 7.41855 7.41758
100-10 7.41402 7.41402 7.41402 7.41402 7.41395 7.41293
100-11 7.40942 7.40942 7.40942 7.40942 7.40935 7.40828
100-12 7.40483 7.40483 7.40483 7.40483 7.40475 7.40363
100-13 7.40023 7.40023 7.40023 7.40023 7.40016 7.39898
100-14 7.39564 7.39564 7.39564 7.39564 7.39557 7.39433
100-15 7.39106 7.39106 7.39106 7.39106 7.39098 7.38969
100-16 7.38647 7.38647 7.38647 7.38647 7.38639 7.38505
100-17 7.38189 7.38189 7.38189 7.38189 7.38180 7.38041
100-18 7.37730 7.37730 7.37730 7.37730 7.37721 7.37577
100-19 7.37272 7.37272 7.37272 7.37272 7.37263 7.37113
100-20 7.36814 7.36814 7.36814 7.36814 7.36805 7.36650
100-21 7.36357 7.36357 7.36357 7.36357 7.36347 7.36186
100-22 7.35899 7.35899 7.35899 7.35899 7.35889 7.35723
100-23 7.35442 7.35442 7.35442 7.35442 7.35431 7.35260
100-24 7.34985 7.34985 7.34985 7.34985 7.34974 7.34797
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 163.44 163.44 163.44 163.44 163.42 163.13
WAL 9.79440 9.79440 9.79440 9.79440 9.78400 9.62190
Mod Durn 6.743 6.743 6.743 6.743 6.738 6.661
Mod Convexity 0.594 0.594 0.594 0.594 0.593 0.578
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Aug10 to Sep10 Jun10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS A--PRICE/YIELD
--------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $42,855,000.00 Settle at Pricing
Coupon 7.506 Original Balance $42,855,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $42,855,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN FIX CAP -------------------------------------
---------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.54379 7.54379 7.54379 7.54379 7.54379 7.54285
100-09 7.53917 7.53917 7.53917 7.53917 7.53917 7.53817
100-10 7.53455 7.53455 7.53455 7.53455 7.53455 7.53349
100-11 7.52992 7.52992 7.52992 7.52992 7.52992 7.52882
100-12 7.52531 7.52531 7.52531 7.52531 7.52531 7.52414
100-13 7.52069 7.52069 7.52069 7.52069 7.52069 7.51947
100-14 7.51607 7.51607 7.51607 7.51607 7.51607 7.51480
100-15 7.51146 7.51146 7.51146 7.51146 7.51146 7.51013
100-16 7.50685 7.50685 7.50685 7.50685 7.50685 7.50547
100-17 7.50224 7.50224 7.50224 7.50224 7.50224 7.50080
100-18 7.49763 7.49763 7.49763 7.49763 7.49763 7.49614
100-19 7.49303 7.49303 7.49303 7.49303 7.49303 7.49148
100-20 7.48842 7.48842 7.48842 7.48842 7.48842 7.48682
100-21 7.48382 7.48382 7.48382 7.48382 7.48382 7.48217
100-22 7.47922 7.47922 7.47922 7.47922 7.47922 7.47751
100-23 7.47462 7.47462 7.47462 7.47462 7.47462 7.47286
100-24 7.47002 7.47002 7.47002 7.47002 7.47002 7.46821
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 175.48 175.48 175.48 175.48 175.48 175.17
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.705 6.705 6.705 6.705 6.705 6.627
Mod Convexity 0.589 0.589 0.589 0.589 0.589 0.574
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AM--PRICE/YIELD
--------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,143,000.00 Settle at Pricing
Coupon 7.604 Original Balance $17,143,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,143,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN FIX CAP -------------------------------------
--------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
100-08 7.64397 7.64397 7.64397 7.64397 7.64397 7.64302
100-09 7.63933 7.63933 7.63933 7.63933 7.63933 7.63832
100-10 7.63469 7.63469 7.63469 7.63469 7.63469 7.63362
100-11 7.63004 7.63004 7.63004 7.63004 7.63004 7.62893
100-12 7.62540 7.62540 7.62540 7.62540 7.62540 7.62423
100-13 7.62077 7.62077 7.62077 7.62077 7.62077 7.61954
100-14 7.61613 7.61613 7.61613 7.61613 7.61613 7.61485
100-15 7.61149 7.61149 7.61149 7.61149 7.61149 7.61016
100-16 7.60686 7.60686 7.60686 7.60686 7.60686 7.60547
100-17 7.60223 7.60223 7.60223 7.60223 7.60223 7.60079
100-18 7.59760 7.59760 7.59760 7.59760 7.59760 7.59611
100-19 7.59298 7.59298 7.59298 7.59298 7.59298 7.59143
100-20 7.58835 7.58835 7.58835 7.58835 7.58835 7.58675
100-21 7.58373 7.58373 7.58373 7.58373 7.58373 7.58207
100-22 7.57911 7.57911 7.57911 7.57911 7.57911 7.57739
100-23 7.57449 7.57449 7.57449 7.57449 7.57449 7.57272
100-24 7.56987 7.56987 7.56987 7.56987 7.56987 7.56805
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 185.48 185.48 185.48 185.48 185.48 185.18
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.674 6.674 6.674 6.674 6.674 6.597
Mod Convexity 0.585 0.585 0.585 0.585 0.585 0.570
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBBP--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $18,571,000.00 Settle at Pricing
Coupon 7.9187 Original Balance $18,571,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $18,571,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN WAC -------------------------------------
-----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 8.08225 8.08193 8.08178 8.08148 8.08079 8.07609
100-09 8.07751 8.07719 8.07704 8.07674 8.07605 8.07129
100-10 8.07277 8.07246 8.07230 8.07200 8.07131 8.06650
100-11 8.06804 8.06772 8.06757 8.06727 8.06658 8.06171
100-12 8.06330 8.06299 8.06283 8.06254 8.06184 8.05693
100-13 8.05857 8.05826 8.05810 8.05780 8.05711 8.05214
100-14 8.05384 8.05353 8.05337 8.05308 8.05239 8.04736
100-15 8.04912 8.04880 8.04865 8.04835 8.04766 8.04258
100-16 8.04439 8.04408 8.04392 8.04362 8.04293 8.03780
100-17 8.03967 8.03935 8.03920 8.03890 8.03821 8.03302
100-18 8.03495 8.03463 8.03448 8.03418 8.03349 8.02825
100-19 8.03023 8.02991 8.02976 8.02946 8.02877 8.02348
100-20 8.02551 8.02520 8.02504 8.02474 8.02405 8.01870
100-21 8.02079 8.02048 8.02033 8.02003 8.01934 8.01394
100-22 8.01608 8.01577 8.01561 8.01531 8.01462 8.00917
100-23 8.01137 8.01105 8.01090 8.01060 8.00991 8.00440
100-24 8.00666 8.00634 8.00619 8.00589 8.00520 7.99964
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 229.23 229.20 229.19 229.16 229.09 228.41
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.542 6.542 6.542 6.542 6.542 6.468
Mod Convexity 0.568 0.568 0.568 0.568 0.568 0.554
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBB--PRICE/YIELD
------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,142,000.00 Settle at Pricing
Coupon 7.9687 Original Balance $17,142,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,142,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN WAC -------------------------------------
------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
100-08 8.13344 8.13313 8.13298 8.13268 8.13199 8.12729
100-09 8.12869 8.12839 8.12823 8.12793 8.12724 8.12249
100-10 8.12395 8.12364 8.12348 8.12318 8.12249 8.11769
100-11 8.11921 8.11889 8.11874 8.11844 8.11775 8.11289
100-12 8.11447 8.11415 8.11399 8.11369 8.11300 8.10809
100-13 8.10973 8.10941 8.10925 8.10895 8.10826 8.10330
100-14 8.10499 8.10467 8.10451 8.10421 8.10352 8.09850
100-15 8.10026 8.09993 8.09977 8.09948 8.09879 8.09371
100-16 8.09553 8.09519 8.09504 8.09474 8.09405 8.08892
100-17 8.09080 8.09046 8.09030 8.09001 8.08932 8.08413
100-18 8.08607 8.08573 8.08557 8.08527 8.08458 8.07935
100-19 8.08134 8.08100 8.08084 8.08054 8.07985 8.07456
100-20 8.07662 8.07627 8.07611 8.07581 8.07513 8.06978
100-21 8.07189 8.07154 8.07139 8.07109 8.07040 8.06500
100-22 8.06717 8.06682 8.06666 8.06636 8.06567 8.06022
100-23 8.06245 8.06209 8.06194 8.06164 8.06095 8.05545
100-24 8.05774 8.05737 8.05722 8.05692 8.05623 8.05067
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 234.36 234.31 234.30 234.27 234.20 233.52
WAL 9.80590 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.532 6.527 6.527 6.527 6.527 6.453
Mod Convexity 0.567 0.566 0.566 0.566 0.566 0.552
Principal Window Sep10 to Oct10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 119 118 118 118 118 116
Accrued Interest 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBBM--PRICE/YIELD
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $14,285,000.00 Settle at Pricing
Coupon 8.2687 Original Balance $14,285,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $14,285,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type JUN WAC --------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
99-09 8.59028 8.59017 8.59013 8.59000 8.58963 8.58731
99-10 8.58542 8.58531 8.58527 8.58514 8.58475 8.58240
99-11 8.58057 8.58045 8.58041 8.58027 8.57988 8.57749
99-12 8.57573 8.57560 8.57555 8.57541 8.57501 8.57258
99-13 8.57088 8.57075 8.57070 8.57055 8.57014 8.56767
99-14 8.56604 8.56590 8.56585 8.56569 8.56527 8.56277
99-15 8.56119 8.56106 8.56100 8.56084 8.56040 8.55787
99-16 8.55635 8.55621 8.55615 8.55599 8.55554 8.55296
99-17 8.55152 8.55137 8.55130 8.55114 8.55068 8.54807
99-18 8.54668 8.54653 8.54646 8.54629 8.54582 8.54317
99-19 8.54185 8.54169 8.54162 8.54144 8.54096 8.53827
99-20 8.53702 8.53685 8.53678 8.53659 8.53610 8.53338
99-21 8.53219 8.53202 8.53194 8.53175 8.53125 8.52849
99-22 8.52736 8.52719 8.52711 8.52691 8.52640 8.52360
99-23 8.52253 8.52236 8.52227 8.52207 8.52155 8.51872
99-24 8.51771 8.51753 8.51744 8.51723 8.51670 8.51383
99-25 8.51289 8.51270 8.51261 8.51240 8.51185 8.50895
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 280.03 280.00 279.98 279.95 279.87 279.49
WAL 9.87780 9.86270 9.85210 9.83520 9.80100 9.68690
Mod Durn 6.450 6.443 6.439 6.432 6.418 6.369
Mod Convexity 0.559 0.558 0.557 0.555 0.552 0.543
Principal Window Oct10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Jul10 to Aug10
Maturity #mos 119 119 119 119 119 117
Accrued Interest 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_1--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $187,400,000.00 Settle at Pricing
Coupon 7.137 Original Balance $187,400,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $187,400,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type SEN FIX -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.12421 7.12408 7.12403 7.12393 7.12371 7.12170
100-09 7.11715 7.11699 7.11693 7.11681 7.11656 7.11440
100-10 7.11009 7.10991 7.10984 7.10970 7.10941 7.10710
100-11 7.10304 7.10283 7.10275 7.10259 7.10226 7.09981
100-12 7.09599 7.09576 7.09566 7.09548 7.09511 7.09252
100-13 7.08894 7.08868 7.08858 7.08838 7.08797 7.08523
100-14 7.08190 7.08161 7.08150 7.08128 7.08083 7.07795
100-15 7.07486 7.07455 7.07442 7.07418 7.07370 7.07067
100-16 7.06782 7.06748 7.06735 7.06709 7.06657 7.06339
100-17 7.06079 7.06042 7.06028 7.06000 7.05944 7.05612
100-18 7.05376 7.05337 7.05321 7.05291 7.05231 7.04885
100-19 7.04673 7.04631 7.04614 7.04583 7.04519 7.04158
100-20 7.03970 7.03926 7.03908 7.03874 7.03807 7.03432
100-21 7.03268 7.03221 7.03202 7.03167 7.03095 7.02705
100-22 7.02566 7.02517 7.02497 7.02459 7.02384 7.01980
100-23 7.01865 7.01813 7.01792 7.01752 7.01673 7.01254
100-24 7.01164 7.01109 7.01087 7.01045 7.00962 7.00529
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 127.49 127.42 127.40 127.35 127.26 126.80
WAL 5.70320 5.67370 5.66150 5.63950 5.59840 5.45910
Mod Durn 4.395 4.379 4.372 4.360 4.337 4.250
Mod Convexity 0.279 0.277 0.275 0.274 0.270 0.259
Principal Window Dec00 to Apr10 Dec00 to Jan10 Dec00 to Jan10 Dec00 to Dec09 Dec00 to Oct09 Dec00 to Jul09
Maturity #mos 113 110 110 109 107 104
Accrued Interest 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40 1,040,257.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN FIX -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.28532 7.28527 7.28524 7.28519 7.28501 7.28361
100-09 7.28069 7.28064 7.28061 7.28055 7.28036 7.27888
100-10 7.27606 7.27601 7.27598 7.27591 7.27571 7.27416
100-11 7.27144 7.27138 7.27134 7.27128 7.27107 7.26943
100-12 7.26681 7.26675 7.26672 7.26664 7.26642 7.26471
100-13 7.26219 7.26212 7.26209 7.26201 7.26178 7.25998
100-14 7.25757 7.25750 7.25746 7.25738 7.25714 7.25526
100-15 7.25295 7.25288 7.25284 7.25275 7.25250 7.25055
100-16 7.24833 7.24826 7.24822 7.24813 7.24787 7.24583
100-17 7.24372 7.24364 7.24360 7.24351 7.24323 7.24111
100-18 7.23910 7.23902 7.23898 7.23888 7.23860 7.23640
100-19 7.23449 7.23441 7.23436 7.23426 7.23397 7.23169
100-20 7.22988 7.22979 7.22975 7.22964 7.22934 7.22698
100-21 7.22527 7.22518 7.22513 7.22503 7.22472 7.22227
100-22 7.22067 7.22057 7.22052 7.22041 7.22009 7.21757
100-23 7.21606 7.21597 7.21591 7.21580 7.21547 7.21286
100-24 7.21146 7.21136 7.21131 7.21119 7.21085 7.20816
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 149.45 149.43 149.42 149.40 149.34 148.91
WAL 9.61250 9.60290 9.59770 9.58690 9.55600 9.32460
Mod Durn 6.698 6.694 6.691 6.686 6.671 6.557
Mod Convexity 0.583 0.582 0.581 0.580 0.577 0.556
Principal Window Apr10 to Sep10 Jan10 to Sep10 Jan10 to Sep10 Dec09 to Sep10 Oct09 to Sep10 Jul09 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AA--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $55,713,000.00 Settle at Pricing
Coupon 7.388 Original Balance $55,713,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $55,713,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN FIX CAP -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.42321 7.42321 7.42321 7.42321 7.42321 7.42227
100-09 7.41861 7.41861 7.41861 7.41861 7.41861 7.41762
100-10 7.41402 7.41402 7.41402 7.41402 7.41402 7.41297
100-11 7.40942 7.40942 7.40942 7.40942 7.40942 7.40832
100-12 7.40483 7.40483 7.40483 7.40483 7.40483 7.40367
100-13 7.40023 7.40023 7.40023 7.40023 7.40023 7.39902
100-14 7.39564 7.39564 7.39564 7.39564 7.39564 7.39438
100-15 7.39106 7.39106 7.39106 7.39106 7.39106 7.38974
100-16 7.38647 7.38647 7.38647 7.38647 7.38647 7.38510
100-17 7.38189 7.38189 7.38189 7.38189 7.38189 7.38046
100-18 7.37730 7.37730 7.37730 7.37730 7.37730 7.37582
100-19 7.37272 7.37272 7.37272 7.37272 7.37272 7.37119
100-20 7.36814 7.36814 7.36814 7.36814 7.36814 7.36655
100-21 7.36357 7.36357 7.36357 7.36357 7.36357 7.36192
100-22 7.35899 7.35899 7.35899 7.35899 7.35899 7.35729
100-23 7.35442 7.35442 7.35442 7.35442 7.35442 7.35267
100-24 7.34985 7.34985 7.34985 7.34985 7.34985 7.34804
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 163.44 163.44 163.44 163.44 163.44 163.14
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.743 6.743 6.743 6.743 6.743 6.664
Mod Convexity 0.594 0.594 0.594 0.594 0.594 0.579
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28 320,139.28
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS A--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $42,855,000.00 Settle at Pricing
Coupon 7.506 Original Balance $42,855,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $42,855,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN FIX CAP -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.54379 7.54379 7.54379 7.54379 7.54379 7.54285
100-09 7.53917 7.53917 7.53917 7.53917 7.53917 7.53817
100-10 7.53455 7.53455 7.53455 7.53455 7.53455 7.53349
100-11 7.52992 7.52992 7.52992 7.52992 7.52992 7.52882
100-12 7.52531 7.52531 7.52531 7.52531 7.52531 7.52414
100-13 7.52069 7.52069 7.52069 7.52069 7.52069 7.51947
100-14 7.51607 7.51607 7.51607 7.51607 7.51607 7.51480
100-15 7.51146 7.51146 7.51146 7.51146 7.51146 7.51013
100-16 7.50685 7.50685 7.50685 7.50685 7.50685 7.50547
100-17 7.50224 7.50224 7.50224 7.50224 7.50224 7.50080
100-18 7.49763 7.49763 7.49763 7.49763 7.49763 7.49614
100-19 7.49303 7.49303 7.49303 7.49303 7.49303 7.49148
100-20 7.48842 7.48842 7.48842 7.48842 7.48842 7.48682
100-21 7.48382 7.48382 7.48382 7.48382 7.48382 7.48217
100-22 7.47922 7.47922 7.47922 7.47922 7.47922 7.47751
100-23 7.47462 7.47462 7.47462 7.47462 7.47462 7.47286
100-24 7.47002 7.47002 7.47002 7.47002 7.47002 7.46821
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 175.48 175.48 175.48 175.48 175.48 175.17
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.705 6.705 6.705 6.705 6.705 6.627
Mod Convexity 0.589 0.589 0.589 0.589 0.589 0.574
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49 250,187.49
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AM--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,143,000.00 Settle at Pricing
Coupon 7.604 Original Balance $17,143,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,143,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN FIX CAP -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 7.64397 7.64397 7.64397 7.64397 7.64397 7.64302
100-09 7.63933 7.63933 7.63933 7.63933 7.63933 7.63832
100-10 7.63469 7.63469 7.63469 7.63469 7.63469 7.63362
100-11 7.63004 7.63004 7.63004 7.63004 7.63004 7.62893
100-12 7.62540 7.62540 7.62540 7.62540 7.62540 7.62423
100-13 7.62077 7.62077 7.62077 7.62077 7.62077 7.61954
100-14 7.61613 7.61613 7.61613 7.61613 7.61613 7.61485
100-15 7.61149 7.61149 7.61149 7.61149 7.61149 7.61016
100-16 7.60686 7.60686 7.60686 7.60686 7.60686 7.60547
100-17 7.60223 7.60223 7.60223 7.60223 7.60223 7.60079
100-18 7.59760 7.59760 7.59760 7.59760 7.59760 7.59611
100-19 7.59298 7.59298 7.59298 7.59298 7.59298 7.59143
100-20 7.58835 7.58835 7.58835 7.58835 7.58835 7.58675
100-21 7.58373 7.58373 7.58373 7.58373 7.58373 7.58207
100-22 7.57911 7.57911 7.57911 7.57911 7.57911 7.57739
100-23 7.57449 7.57449 7.57449 7.57449 7.57449 7.57272
100-24 7.56987 7.56987 7.56987 7.56987 7.56987 7.56805
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 185.48 185.48 185.48 185.48 185.48 185.18
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.674 6.674 6.674 6.674 6.674 6.597
Mod Convexity 0.585 0.585 0.585 0.585 0.585 0.570
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51 101,387.51
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBBP--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $18,571,000.00 Settle at Pricing
Coupon 7.9187 Original Balance $18,571,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $18,571,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN WAC -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 8.08225 8.08202 8.08192 8.08173 8.08133 8.07740
100-09 8.07751 8.07728 8.07718 8.07699 8.07659 8.07261
100-10 8.07277 8.07255 8.07244 8.07225 8.07185 8.06782
100-11 8.06804 8.06781 8.06771 8.06752 8.06712 8.06303
100-12 8.06330 8.06308 8.06297 8.06279 8.06238 8.05824
100-13 8.05857 8.05835 8.05824 8.05806 8.05765 8.05345
100-14 8.05384 8.05362 8.05351 8.05333 8.05292 8.04867
100-15 8.04912 8.04889 8.04879 8.04860 8.04820 8.04389
100-16 8.04439 8.04417 8.04406 8.04387 8.04347 8.03911
100-17 8.03967 8.03944 8.03934 8.03915 8.03875 8.03433
100-18 8.03495 8.03472 8.03462 8.03443 8.03403 8.02956
100-19 8.03023 8.03000 8.02990 8.02971 8.02931 8.02479
100-20 8.02551 8.02528 8.02518 8.02499 8.02459 8.02001
100-21 8.02079 8.02057 8.02047 8.02028 8.01988 8.01524
100-22 8.01608 8.01585 8.01575 8.01556 8.01516 8.01048
100-23 8.01137 8.01114 8.01104 8.01085 8.01045 8.00571
100-24 8.00666 8.00643 8.00633 8.00614 8.00574 8.00095
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 229.23 229.21 229.20 229.18 229.14 228.54
WAL 9.79440 9.79440 9.79440 9.79440 9.79440 9.62780
Mod Durn 6.542 6.542 6.542 6.542 6.542 6.468
Mod Convexity 0.568 0.568 0.568 0.568 0.568 0.554
Principal Window Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Jul10
Maturity #mos 118 118 118 118 118 116
Accrued Interest 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01 114,379.01
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBB--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $17,142,000.00 Settle at Pricing
Coupon 7.9687 Original Balance $17,142,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $17,142,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN WAC -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
100-08 8.13344 8.13322 8.13312 8.13293 8.13253 8.12886
100-09 8.12869 8.12847 8.12837 8.12818 8.12778 8.12406
100-10 8.12395 8.12373 8.12362 8.12344 8.12303 8.11926
100-11 8.11921 8.11898 8.11888 8.11869 8.11829 8.11447
100-12 8.11447 8.11424 8.11413 8.11395 8.11354 8.10967
100-13 8.10973 8.10950 8.10939 8.10920 8.10880 8.10488
100-14 8.10499 8.10476 8.10465 8.10446 8.10406 8.10009
100-15 8.10026 8.10002 8.09991 8.09973 8.09932 8.09531
100-16 8.09553 8.09529 8.09518 8.09499 8.09459 8.09052
100-17 8.09080 8.09055 8.09044 8.09026 8.08985 8.08574
100-18 8.08607 8.08582 8.08571 8.08552 8.08512 8.08095
100-19 8.08134 8.08110 8.08098 8.08079 8.08039 8.07617
100-20 8.07662 8.07637 8.07625 8.07607 8.07566 8.07140
100-21 8.07189 8.07164 8.07153 8.07134 8.07094 8.06662
100-22 8.06717 8.06692 8.06680 8.06661 8.06621 8.06185
100-23 8.06245 8.06220 8.06208 8.06189 8.06149 8.05707
100-24 8.05774 8.05748 8.05736 8.05717 8.05677 8.05230
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 234.36 234.33 234.31 234.29 234.25 233.69
WAL 9.80590 9.79850 9.79460 9.79440 9.79440 9.64080
Mod Durn 6.532 6.528 6.527 6.527 6.527 6.459
Mod Convexity 0.567 0.566 0.566 0.566 0.566 0.553
Principal Window Sep10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Sep10 to Sep10 Sep10 to Sep10 Jul10 to Aug10
Maturity #mos 119 119 119 118 118 117
Accrued Interest 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41 106,244.41
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS BBBM--PRICE/YIELD
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $14,285,000.00 Settle at Pricing
Coupon 8.2687 Original Balance $14,285,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $14,285,000.00 Factor Date N/A
Stated Maturity N/A Factor 1 -----------------------------------
Type JUN WAC -------------------------------------
----------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
99-09 8.59028 8.59005 8.58995 8.58987 8.58980 8.58877
99-10 8.58542 8.58520 8.58510 8.58502 8.58494 8.58386
99-11 8.58057 8.58035 8.58025 8.58016 8.58007 8.57896
99-12 8.57573 8.57550 8.57540 8.57531 8.57521 8.57406
99-13 8.57088 8.57066 8.57056 8.57046 8.57035 8.56916
99-14 8.56604 8.56581 8.56571 8.56562 8.56550 8.56426
99-15 8.56119 8.56097 8.56087 8.56077 8.56064 8.55937
99-16 8.55635 8.55613 8.55603 8.55593 8.55579 8.55447
99-17 8.55152 8.55129 8.55119 8.55109 8.55094 8.54958
99-18 8.54668 8.54646 8.54636 8.54625 8.54609 8.54469
99-19 8.54185 8.54163 8.54152 8.54141 8.54124 8.53981
99-20 8.53702 8.53679 8.53669 8.53658 8.53640 8.53492
99-21 8.53219 8.53196 8.53186 8.53174 8.53155 8.53004
99-22 8.52736 8.52714 8.52704 8.52691 8.52671 8.52516
99-23 8.52253 8.52231 8.52221 8.52208 8.52187 8.52028
99-24 8.51771 8.51749 8.51739 8.51726 8.51704 8.51540
99-25 8.51289 8.51267 8.51256 8.51243 8.51220 8.51053
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 280.03 280.01 280.00 279.98 279.93 279.67
WAL 9.87780 9.87780 9.87780 9.86770 9.83610 9.71110
Mod Durn 6.450 6.450 6.450 6.446 6.432 6.379
Mod Convexity 0.559 0.559 0.559 0.558 0.555 0.545
Principal Window Oct10 to Oct10 Oct10 to Oct10 Oct10 to Oct10 Sep10 to Oct10 Sep10 to Oct10 Aug10 to Aug10
Maturity #mos 119 119 119 119 119 117
Accrued Interest 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18 91,870.18
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------
Type JUN FIX ------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 25 CPR 50 CPR 75 CPR 100 CPR
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
99-16 7.39701 7.39755 7.39758 7.39751 7.39791
99-20 7.37832 7.37874 7.37870 7.37857 7.37870
99-24 7.35966 7.35996 7.35986 7.35967 7.35952
99-28 7.34103 7.34122 7.34105 7.34080 7.34037
100-00 7.32243 7.32250 7.32227 7.32196 7.32126
100-04 7.30386 7.30382 7.30351 7.30315 7.30217
100-08 7.28532 7.28516 7.28479 7.28437 7.28312
100-12 7.26681 7.26654 7.26610 7.26562 7.26409
100-16 7.24833 7.24794 7.24744 7.24690 7.24510
100-20 7.22988 7.22938 7.22881 7.22821 7.22613
100-24 7.21146 7.21084 7.21021 7.20955 7.20720
100-28 7.19307 7.19234 7.19164 7.19092 7.18829
101-00 7.17471 7.17386 7.17309 7.17232 7.16942
101-04 7.15638 7.15542 7.15458 7.15375 7.15058
101-08 7.13807 7.13700 7.13610 7.13521 7.13176
101-12 7.11980 7.11861 7.11764 7.11669 7.11298
101-16 7.10155 7.10025 7.09922 7.09821 7.09422
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 149.30 149.36 149.37 149.36 149.42
WAL 9.61250 9.52840 9.48060 9.43870 9.24490
Mod Durn 6.698 6.657 6.633 6.612 6.517
Mod Convexity 0.583 0.575 0.571 0.567 0.549
Principal Window Apr10 to Sep10 Jul09 to Sep10 Feb09 to Aug10 Nov08 to Aug10 Sep08 to Jun10
Maturity #mos 118 118 117 117 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR At 75 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0 0 0 0 0
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------
Type JUN FIX ------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 75 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
99-16 7.39701 7.39708 7.39716 7.39724 7.39771
99-20 7.37832 7.37836 7.37839 7.37842 7.37861
99-24 7.35966 7.35966 7.35965 7.35963 7.35955
99-28 7.34103 7.34100 7.34095 7.34087 7.34052
100-00 7.32243 7.32236 7.32227 7.32214 7.32152
100-04 7.30386 7.30376 7.30363 7.30345 7.30255
100-08 7.28532 7.28519 7.28501 7.28478 7.28361
100-12 7.26681 7.26664 7.26642 7.26614 7.26471
100-16 7.24833 7.24813 7.24787 7.24753 7.24583
100-20 7.22988 7.22964 7.22934 7.22895 7.22698
100-24 7.21146 7.21119 7.21085 7.21041 7.20816
100-28 7.19307 7.19276 7.19238 7.19189 7.18938
101-00 7.17471 7.17437 7.17394 7.17340 7.17062
101-04 7.15638 7.15600 7.15553 7.15494 7.15189
101-08 7.13807 7.13767 7.13715 7.13651 7.13319
101-12 7.11980 7.11936 7.11880 7.11811 7.11452
101-16 7.10155 7.10108 7.10048 7.09973 7.09588
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 149.30 149.31 149.32 149.33 149.39
WAL 9.61250 9.58690 9.55600 9.51790 9.32460
Mod Durn 6.698 6.686 6.671 6.652 6.557
Mod Convexity 0.583 0.580 0.577 0.574 0.556
Principal Window Apr10 to Sep10 Dec09 to Sep10 Oct09 to Sep10 Sep09 to Aug10 Jul09 to Jul10
Maturity #mos 118 118 118 117 116
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR At 75 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0 0 0 0 0
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 9.6125 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 480,874,152.68 1,167,730,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
95. Oct 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
96. Nov 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
97. Dec 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
98. Jan 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
99. Feb 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
100. Mar 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
101. Apr 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
102. May 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
103. Jun 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
104. Jul 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
105. Aug 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
106. Sep 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
107. Oct 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
108. Nov 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
109. Dec 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
110. Jan 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
111. Feb 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
112. Mar 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
113. Apr 15, 10 18,001,532.64 4,152,044.52 22,153,577.16 668,854,467.36 0.00
114. May 15, 10 160,092,023.56 4,043,225.26 164,135,248.82 508,762,443.79 0.00
115. Jun 15, 10 76,836,459.42 3,075,468.97 79,911,928.40 431,925,984.37 0.00
116. Jul 15, 10 159,602,814.98 2,610,992.58 162,213,807.56 272,323,169.39 0.00
117. Aug 15, 10 219,843,175.60 1,646,193.56 221,489,369.15 52,479,993.79 0.00
118. Sep 15, 10 52,479,993.79 317,241.56 52,797,235.35 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <S> <C>
Total 0.00 480,874,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
102. May 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
103. Jun 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
104. Jul 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
105. Aug 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
106. Sep 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
107. Oct 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
108. Nov 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
109. Dec 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
110. Jan 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
111. Feb 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
112. Mar 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
113. Apr 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
114. May 15, 10 0.00 4,043,225.26 0.00 0.00 7.2540
115. Jun 15, 10 0.00 3,075,468.97 0.00 0.00 7.2540
116. Jul 15, 10 0.00 2,610,992.58 0.00 0.00 7.2540
117. Aug 15, 10 0.00 1,646,193.56 0.00 0.00 7.2540
118. Sep 15, 10 0.00 317,241.56 0.00 0.00 7.2540
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 9.2449 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 100 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 462,562,078.44 1,149,418,078.44 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 557,664.08 4,152,044.52 4,709,708.60 686,298,335.92 0.00
95. Oct 15, 08 1,130,790.34 4,148,673.44 5,279,463.78 685,167,545.58 0.00
96. Nov 15, 08 935,209.98 4,141,837.81 5,077,047.80 684,232,335.60 0.00
97. Dec 15, 08 1,145,321.80 4,136,184.47 5,281,506.27 683,087,013.80 0.00
98. Jan 15, 09 950,331.62 4,129,261.00 5,079,592.62 682,136,682.18 0.00
99. Feb 15, 09 957,240.79 4,123,516.24 5,080,757.03 681,179,441.39 0.00
100. Mar 15, 09 1,571,991.00 4,117,729.72 5,689,720.72 679,607,450.39 0.00
101. Apr 15, 09 975,616.78 4,108,227.04 5,083,843.82 678,631,833.61 0.00
102. May 15, 09 30,844,907.27 4,102,329.43 34,947,236.70 647,786,926.34 0.00
103. Jun 15, 09 960,612.27 3,915,871.97 4,876,484.24 646,826,314.08 0.00
104. Jul 15, 09 14,452,153.99 3,910,065.07 18,362,219.06 632,374,160.08 0.00
105. Aug 15, 09 938,184.61 3,822,701.80 4,760,886.41 631,435,975.47 0.00
106. Sep 15, 09 36,395,008.33 3,817,030.47 40,212,038.80 595,040,967.15 0.00
107. Oct 15, 09 35,342,886.75 3,597,022.65 38,939,909.40 559,698,080.39 0.00
108. Nov 15, 09 7,538,364.22 3,383,374.90 10,921,739.12 552,159,716.17 0.00
109. Dec 15, 09 50,199,244.72 3,337,805.48 53,537,050.20 501,960,471.45 0.00
110. Jan 15, 10 10,635,850.04 3,034,351.05 13,670,201.09 491,324,621.41 0.00
111. Feb 15, 10 38,790,735.78 2,970,057.34 41,760,793.11 452,533,885.63 0.00
112. Mar 15, 10 108,545,874.34 2,735,567.34 111,281,441.68 343,988,011.29 0.00
113. Apr 15, 10 54,332,804.23 2,079,407.53 56,412,211.76 289,655,207.06 0.00
114. May 15, 10 139,462,803.01 1,750,965.73 141,213,768.74 150,192,404.05 0.00
115. Jun 15, 10 150,192,404.05 907,913.08 151,100,317.13 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <S> <C>
Total 0.00 462,562,078.44 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,148,673.44 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,141,837.81 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,136,184.47 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,129,261.00 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,123,516.24 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,117,729.72 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,108,227.04 0.00 0.00 7.2540
102. May 15, 09 0.00 4,102,329.43 0.00 0.00 7.2540
103. Jun 15, 09 0.00 3,915,871.97 0.00 0.00 7.2540
104. Jul 15, 09 0.00 3,910,065.07 0.00 0.00 7.2540
105. Aug 15, 09 0.00 3,822,701.80 0.00 0.00 7.2540
106. Sep 15, 09 0.00 3,817,030.47 0.00 0.00 7.2540
107. Oct 15, 09 0.00 3,597,022.65 0.00 0.00 7.2540
108. Nov 15, 09 0.00 3,383,374.90 0.00 0.00 7.2540
109. Dec 15, 09 0.00 3,337,805.48 0.00 0.00 7.2540
110. Jan 15, 10 0.00 3,034,351.05 0.00 0.00 7.2540
111. Feb 15, 10 0.00 2,970,057.34 0.00 0.00 7.2540
112. Mar 15, 10 0.00 2,735,567.34 0.00 0.00 7.2540
113. Apr 15, 10 0.00 2,079,407.53 0.00 0.00 7.2540
114. May 15, 10 0.00 1,750,965.73 0.00 0.00 7.2540
115. Jun 15, 10 0.00 907,913.08 0.00 0.00 7.2540
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 --------------------------------------
Type JUN FIX --------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<CAPTION>
----------------------------------------------------------------------------------------------
0CPR; Ext0mo 100% 0CPR; Ext0mo 100% 0CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24
1CDR,35% adv100% 2CDR,35% adv100% 3CDR,35% adv100%
PRICE lag 12 lag 12 lag 12
Yield
----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
99-16 7.39710 7.39724 7.39750
99-20 7.37836 7.37842 7.37853
99-24 7.35964 7.35962 7.35958
99-28 7.34096 7.34086 7.34067
100-00 7.32231 7.32212 7.32179
100-04 7.30369 7.30342 7.30293
100-08 7.28510 7.28474 7.28411
100-12 7.26654 7.26610 7.26532
100-16 7.24801 7.24749 7.24656
100-20 7.22950 7.22890 7.22782
100-24 7.21103 7.21035 7.20912
100-28 7.19259 7.19182 7.19045
101-00 7.17418 7.17333 7.17181
101-04 7.15579 7.15486 7.15319
101-08 7.13744 7.13642 7.13461
101-12 7.11911 7.11802 7.11606
101-16 7.10082 7.09964 7.09753
----------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------
Spread @ Center Price 149.31 149.33 149.36
WAL 9.57490 9.51620 9.41620
Mod Durn 6.680 6.650 6.597
Mod Convexity 0.579 0.574 0.565
Principal Window Jul09 to Sep10 Sep08 to Sep10 Sep07 to Sep10
Maturity #mos 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 24,121,779.37 (2.11%) 46,912,895.97 (4.11%) 68,435,843.81 (5.99%)
Prepay At 0 CPR At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 for 24 1 CDR At 0 for 24 2 CDR At 0 for 24 3 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
----------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780
----------------------------------------------------------------------------------------------
<CAPTION>
--------------------------------------------------------------------------------
0CPR; Ext0mo 100% 0CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24
4CDR,35% adv100% 5CDR,35% adv100%
PRICE lag 12 lag 12
--------------------------------------------------------------------------------
<S> <C> <C>
99-16 7.39784 7.39821
99-20 7.37867 7.37883
99-24 7.35953 7.35948
99-28 7.34043 7.34016
100-00 7.32136 7.32087
100-04 7.30231 7.30161
100-08 7.28330 7.28239
100-12 7.26432 7.26320
100-16 7.24537 7.24403
100-20 7.22645 7.22490
100-24 7.20756 7.20580
100-28 7.18870 7.18673
101-00 7.16987 7.16769
101-04 7.15107 7.14868
101-08 7.13230 7.12970
101-12 7.11356 7.11075
101-16 7.09485 7.09183
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 149.38 149.41
WAL 9.29410 9.16170
Mod Durn 6.532 6.459
Mod Convexity 0.555 0.543
Principal Window Jan07 to Sep10 Aug06 to Sep10
Maturity #mos 118 118
Accrued Interest 3,875,241.55 3,875,241.55
Total Collat Loss 88,750,735.69 (7.77%) 107,915,372.56 (9.44%)
Prepay At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty
Ext., if balloon None None
Pay Exten Princ
Default At 0 for 24 4 CDR At 0 for 24 5 CDR
Loss Severity 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 5.830 5.830
CMT_6MO 5.830 5.830
CMT_1YR 5.830 5.830
CMT_2YR 5.730 5.730
CMT_5YR 5.770 5.770
CMT_10YR 5.740 5.740
CMT_30YR 5.780 5.780
--------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 --------------------------------------
Type JUN FIX --------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<CAPTION>
----------------------------------------------------------------------------------------------
50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24
1CDR,35% adv100% 2CDR,35% adv100% 3CDR,35% adv100%
PRICE lag 12 lag 12 lag 12
Yield
----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
99-16 7.39913 7.40161 7.40453
99-20 7.38012 7.38241 7.38511
99-24 7.36114 7.36324 7.36572
99-28 7.34219 7.34410 7.34636
100-00 7.32327 7.32499 7.32703
100-04 7.30438 7.30591 7.30773
100-08 7.28552 7.28686 7.28847
100-12 7.26669 7.26784 7.26923
100-16 7.24790 7.24886 7.25003
100-20 7.22913 7.22990 7.23085
100-24 7.21039 7.21098 7.21171
100-28 7.19168 7.19208 7.19260
101-00 7.17301 7.17321 7.17352
101-04 7.15436 7.15438 7.15447
101-08 7.13574 7.13557 7.13545
101-12 7.11715 7.11680 7.11646
101-16 7.09859 7.09805 7.09750
------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------
Spread @ Center Price 149.52 149.76 150.04
WAL 9.38890 9.26790 9.13450
Mod Durn 6.585 6.520 6.446
Mod Convexity 0.563 0.552 0.541
Principal Window Oct07 to Aug10 Dec06 to Sep10 Jun06 to Sep10
Maturity #mos 117 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 23,314,390.82 (2.04%) 45,356,788.65 (3.97%) 66,186,661.17 (5.79%)
Prepay At 50 CPR At 50 CPR At 50 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon None None None
Pay Exten Princ
Default At 0 for 24 1 CDR At 0 for 24 2 CDR At 0 for 24 3 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780
------------------------------------------------------------------------------------------------
<CAPTION>
--------------------------------------------------------------------------------
50CPR; Ext0mo 100% 50CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24
4CDR,35% adv100% 5CDR,35% adv100%
PRICE lag 12 lag 12
--------------------------------------------------------------------------------
<S> <C> <C>
99-16 7.40739 7.41023
99-20 7.38773 7.39033
99-24 7.36810 7.37046
99-28 7.34851 7.35062
100-00 7.32895 7.33081
100-04 7.30942 7.31104
100-08 7.28992 7.29130
100-12 7.27045 7.27159
100-16 7.25101 7.25191
100-20 7.23161 7.23227
100-24 7.21224 7.21266
100-28 7.19289 7.19307
101-00 7.17358 7.17352
101-04 7.15430 7.15400
101-08 7.13505 7.13452
101-12 7.11583 7.11506
101-16 7.09665 7.09564
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 150.31 150.56
WAL 8.99700 8.85900
Mod Durn 6.369 6.291
Mod Convexity 0.529 0.517
Principal Window Feb06 to Sep10 Nov05 to Sep10
Maturity #mos 118 118
Accrued Interest 3,875,241.55 3,875,241.55
Total Collat Loss 85,861,214.87 (7.51%) 104,435,460.95 (9.14%)
Prepay At 50 CPR At 50 CPR
No prepays
Lockout and penalties Include penalty Include penalty
Ext., if balloon None None
Pay Exten Princ
Default At 0 for 24 4 CDR At 0 for 24 5 CDR
Loss Severity 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 5.830 5.830
CMT_6MO 5.830 5.830
CMT_1YR 5.830 5.830
CMT_2YR 5.730 5.730
CMT_5YR 5.770 5.770
CMT_10YR 5.740 5.740
CMT_30YR 5.780 5.780
--------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 --------------------------------------
Type JUN FIX --------------------------------------
-------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<CAPTION>
----------------------------------------------------------------------------------------------
0CPR; Ext24mo 100% 25CPR; Ext24mo 100% 50CPR; Ext24mo 100%
0% rules; 0% rules; 0% rules;
0CDR,35% adv100% 0CDR,35% adv100% 0CDR,35% adv100%
PRICE lag 12 lag 12 lag 12
Yield
----------------------------------------------------------------------------------------------
<S> <C> <C> <C>
99-16 7.39330 7.39517 7.39645
99-20 7.37674 7.37768 7.37822
99-24 7.36021 7.36021 7.36002
99-28 7.34371 7.34277 7.34185
100-00 7.32723 7.32536 7.32371
100-04 7.31078 7.30798 7.30560
100-08 7.29435 7.29063 7.28752
100-12 7.27796 7.27330 7.26946
100-16 7.26159 7.25601 7.25144
100-20 7.24525 7.23874 7.23345
100-24 7.22893 7.22150 7.21548
100-28 7.21264 7.20429 7.19755
101-00 7.19638 7.18711 7.17964
101-04 7.18014 7.16995 7.16176
101-08 7.16394 7.15282 7.14391
101-12 7.14775 7.13572 7.12609
101-16 7.13160 7.11865 7.10830
------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------
Spread @ Center Price 149.62 149.38 149.17
WAL 11.52760 10.61810 9.98000
Mod Durn 7.562 7.157 6.868
Mod Convexity 0.763 0.677 0.617
Principal Window Sep10 to Sep12 Aug09 to Jul12 Feb09 to Jan12
Maturity #mos 142 140 134
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty
Ext., if balloon Extend 100% 24 mos Extend 100% 24 mos Extend 100% 24 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780
------------------------------------------------------------------------------------------------
<CAPTION>
--------------------------------------------------------------------------------
75CPR; Ext24mo 100% 100CPR; Ext24mo 100%
0% rules; 0% rules;
0CDR,35% adv100% 0CDR,35% adv100%
PRICE lag 12 lag 12
--------------------------------------------------------------------------------
<S> <C> <C>
99-16 7.39704 7.39791
99-20 7.37838 7.37870
99-24 7.35974 7.35952
99-28 7.34113 7.34037
100-00 7.32256 7.32126
100-04 7.30401 7.30217
100-08 7.28550 7.28312
100-12 7.26701 7.26409
100-16 7.24856 7.24510
100-20 7.23013 7.22614
100-24 7.21173 7.20720
100-28 7.19337 7.18830
101-00 7.17503 7.16943
101-04 7.15672 7.15058
101-08 7.13844 7.13177
101-12 7.12019 7.11298
101-16 7.10197 7.09423
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Spread @ Center Price 149.29 149.42
WAL 9.63590 9.24530
Mod Durn 6.707 6.517
Mod Convexity 0.585 0.549
Principal Window Nov08 to Mar11 Sep08 to Jun10
Maturity #mos 124 115
Accrued Interest 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%)
Prepay At 75 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty
Ext., if balloon Extend 100% 24 mos Extend 100% 24 mos
Pay Exten Princ By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR
Loss Severity 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------
CMT_3MO 5.830 5.830
CMT_6MO 5.830 5.830
CMT_1YR 5.830 5.830
CMT_2YR 5.730 5.730
CMT_5YR 5.770 5.770
CMT_10YR 5.740 5.740
CMT_30YR 5.780 5.780
--------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 11.5276 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: Extend 100% 24 mos Pay Exten Princ: By pre-exten rules
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 576,292,991.25 1,263,148,991.25 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
95. Oct 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
96. Nov 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
97. Dec 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
98. Jan 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
99. Feb 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
100. Mar 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
101. Apr 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
102. May 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
103. Jun 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
104. Jul 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
105. Aug 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
106. Sep 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
107. Oct 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
108. Nov 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
109. Dec 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
110. Jan 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
111. Feb 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
112. Mar 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
113. Apr 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
114. May 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
115. Jun 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
116. Jul 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
117. Aug 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
118. Sep 15, 10 440,404.66 4,152,044.52 4,592,449.18 686,415,595.34 0.00
119. Oct 15, 10 1356875.93 4149382.27 5506258.2 685058719.4 0
120. Nov 15, 10 1143680.91 4141179.96 5284860.87 683915038.5 0
121. Dec 15, 10 1374473.42 4134266.41 5508739.83 682540565.1 0
122. Jan 15, 11 1161993.18 4125957.72 5287950.9 681378571.9 0
123. Feb 15, 11 1170445.9 4118933.47 5289379.37 680208126 0
124. Mar 15, 11 1843770.75 4111858.12 5955628.87 678364355.3 0
125. Apr 15, 11 1192356.57 4100712.53 5293069.1 677171998.7 0
126. May 15, 11 1421921.99 4093504.73 5515426.72 675750076.7 0
127. Jun 15, 11 1211368.96 4084909.21 5296278.18 674538707.7 0
128. Jul 15, 11 30126070.69 4077586.49 34203657.18 644412637 0
129. Aug 15, 11 1193292.79 3895474.39 5088767.19 643219344.2 0
130. Sep 15, 11 1201990.53 3888260.94 5090251.46 642017353.7 0
131. Oct 15, 11 1423805.7 3880994.9 5304800.61 640593548 0
132. Nov 15, 11 1221124.22 3872388 5093512.22 639372423.8 0
133. Dec 15, 11 1442457.33 3865006.3 5307463.63 637929966.5 0
134. Jan 15, 12 7524928.08 3856286.65 11381214.73 630405038.4 0
135. Feb 15, 12 1238018.03 3810798.46 5048816.49 629167020.4 0
136. Mar 15, 12 1667138.29 3803314.64 5470452.93 627499882.1 0
137. Apr 15, 12 18352408.97 3793236.79 22145645.76 609147473.1 0
138. May 15, 12 153708182.5 3682296.47 157390478.9 455439290.6 0
139. Jun 15, 12 73612547.33 2753130.51 76365677.84 381826743.3 0
140. Jul 15, 12 125471270.6 2308142.66 127779413.2 256355472.8 0
141. Aug 15, 12 214263257.6 1549668.83 215812926.4 42092215.16 0
142. Sep 15, 12 42092215.16 254447.44 42346662.6 0 0
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 576,292,991.25 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
102. May 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
103. Jun 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
104. Jul 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
105. Aug 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
106. Sep 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
107. Oct 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
108. Nov 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
109. Dec 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
110. Jan 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
111. Feb 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
112. Mar 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
113. Apr 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
114. May 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
115. Jun 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
116. Jul 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
117. Aug 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
118. Sep 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
119. Oct 15, 10 0 4149382.27 0 0 7.254
120. Nov 15, 10 0 4141179.96 0 0 7.254
121. Dec 15, 10 0 4134266.41 0 0 7.254
122. Jan 15, 11 0 4125957.72 0 0 7.254
123. Feb 15, 11 0 4118933.47 0 0 7.254
124. Mar 15, 11 0 4111858.12 0 0 7.254
125. Apr 15, 11 0 4100712.53 0 0 7.254
126. May 15, 11 0 4093504.73 0 0 7.254
127. Jun 15, 11 0 4084909.21 0 0 7.254
128. Jul 15, 11 0 4077586.49 0 0 7.254
129. Aug 15, 11 0 3895474.39 0 0 7.254
130. Sep 15, 11 0 3888260.94 0 0 7.254
131. Oct 15, 11 0 3880994.9 0 0 7.254
132. Nov 15, 11 0 3872388 0 0 7.254
133. Dec 15, 11 0 3865006.3 0 0 7.254
134. Jan 15, 12 0 3856286.65 0 0 7.254
135. Feb 15, 12 0 3810798.46 0 0 7.254
136. Mar 15, 12 0 3803314.64 0 0 7.254
137. Apr 15, 12 0 3793236.79 0 0 7.254
138. May 15, 12 0 3682296.47 0 0 7.254
139. Jun 15, 12 0 2753130.51 0 0 7.254
140. Jul 15, 12 0 2308142.66 0 0 7.254
141. Aug 15, 12 0 1549668.83 0 0 7.254
142. Sep 15, 12 0 254447.44 0 0 7.254
</TABLE>
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
swap tsy
5 103.00 3 mo 6.360
10 115.00 6 mo 6.070
30 114.00 1 yr 6.160
2 yr 5.860
5 yr 5.700
10 yr 5.760
30 yr 5.830
TOTAL DEAL
--------------------------------------------------------------------------------
Class Coupon Avg Life Price Spread
AAA_1 6.994000 5.7032 99.996300 132.75
AAA_2 7.300000 9.6125 100.499100 154.00
AA 7.452000 9.7944 100.494700 169.50
A 7.599000 9.7944 100.494700 184.50
AM 7.697000 9.7944 100.495100 194.50
BBBP WAC-50 9.7944 100.438700 224.50
BBB WAC-40 9.8059 100.452800 234.50
BBBM WAC-10 9.8778 99.825700 274.75
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
swap tsy
5 94.00 3 mo 6.360
10 112.00 6 mo 6.070
30 113.00 1 yr 6.160
2 yr 5.920
5 yr 5.800
10 yr 5.750
30 yr 5.780
TOTAL DEAL
--------------------------------------------------------------------------------
CLASS COUPON AVG LIFE PRICE SPREAD YIELD
AAA_1 7.137000 5.7032 100.497300 127.50 7.0684
AAA_2 7.254000 9.6125 100.499900 149.50 7.2484
AA 7.388000 9.7944 100.494100 163.50 7.3873
A 7.506000 9.7944 100.496900 175.50 7.5073
AM 7.604000 9.7944 100.497800 185.50 7.6072
BBBP WAC-45 9.7944 100.547700 230.00 8.0372
BBB WAC-40 9.8059 100.547700 235.00 8.0883
BBBM WAC-10 9.8778 97.433100 280.00 8.8809
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials. Prospective investors are advised to carefully read,
and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to
herein (the "Offered Certificates") in making their investment decision. These
Computational Materials have been based upon the assumptions described above,
which most likely will not represent the actual experience of the Mortgage Pool
in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in
the Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------------------
Type JUN FIX -------------------------------------------
-------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 25 CPR 50 CPR 75 CPR 100 CPR
Yield
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
98-16 7.54763 7.54910 7.54967 7.55008 7.55272
98-20 7.52869 7.53005 7.53055 7.53090 7.53326
98-24 7.50979 7.51103 7.51146 7.51175 7.51383
98-28 7.49091 7.49204 7.49240 7.49263 7.49443
99-00 7.47207 7.47308 7.47338 7.47354 7.47506
99-04 7.45326 7.45415 7.45438 7.45449 7.45573
99-08 7.43448 7.43525 7.43541 7.43546 7.43642
99-12 7.41573 7.41638 7.41648 7.41647 7.41715
99-16 7.39701 7.39755 7.39758 7.39751 7.39791
99-20 7.37832 7.37874 7.37870 7.37857 7.37870
99-24 7.35966 7.35996 7.35986 7.35967 7.35952
99-28 7.34103 7.34122 7.34105 7.34080 7.34037
100-00 7.32243 7.32250 7.32227 7.32196 7.32126
100-04 7.30386 7.30382 7.30351 7.30315 7.30217
100-08 7.28532 7.28516 7.28479 7.28437 7.28312
100-12 7.26681 7.26654 7.26610 7.26562 7.26409
100-16 7.24833 7.24794 7.24744 7.24690 7.24510
100-20 7.22988 7.22938 7.22881 7.22821 7.22613
100-24 7.21146 7.21084 7.21021 7.20955 7.20720
100-28 7.19307 7.19234 7.19164 7.19092 7.18829
101-00 7.17471 7.17386 7.17309 7.17232 7.16942
101-04 7.15638 7.15542 7.15458 7.15375 7.15058
101-08 7.13807 7.13700 7.13610 7.13521 7.13176
101-12 7.11980 7.11861 7.11764 7.11669 7.11298
101-16 7.10155 7.10025 7.09922 7.09821 7.09422
101-20 7.08334 7.08192 7.08082 7.07976 7.07550
101-24 7.06515 7.06362 7.06246 7.06133 7.05680
101-28 7.04699 7.04535 7.04412 7.04294 7.03814
102-00 7.02886 7.02711 7.02581 7.02457 7.01950
102-04 7.01076 7.00889 7.00753 7.00624 7.00089
102-08 6.99269 6.99071 6.98928 6.98793 6.98232
102-12 6.97465 6.97255 6.97106 6.96965 6.96377
102-16 6.95663 6.95442 6.95287 6.95140 6.94525
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Spread @ Center Price 149.30 149.36 149.37 149.36 149.42
WAL 9.61250 9.52840 9.48060 9.43870 9.24490
Mod Durn 6.698 6.657 6.633 6.612 6.517
Mod Convexity 0.583 0.575 0.571 0.567 0.549
Principal Window Apr10 to Sep10 Jul09 to Sep10 Feb09 to Aug10 Nov08 to Aug10 Sep08 to Jun10
Maturity #mos 118 118 117 117 115
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR At 75 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0 0 0 0 0
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------------------
Type JUN FIX -------------------------------------------
-------------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 75 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
98-16 7.54763 7.54798 7.54840 7.54890 7.55156
98-20 7.52869 7.52901 7.52939 7.52984 7.53222
98-24 7.50979 7.51007 7.51040 7.51080 7.51291
98-28 7.49091 7.49116 7.49145 7.49180 7.49363
99-00 7.47207 7.47228 7.47253 7.47282 7.47438
99-04 7.45326 7.45344 7.45364 7.45388 7.45517
99-08 7.43448 7.43462 7.43478 7.43497 7.43598
99-12 7.41573 7.41584 7.41596 7.41609 7.41683
99-16 7.39701 7.39708 7.39716 7.39724 7.39771
99-20 7.37832 7.37836 7.37839 7.37842 7.37861
99-24 7.35966 7.35966 7.35965 7.35963 7.35955
99-28 7.34103 7.34100 7.34095 7.34087 7.34052
100-00 7.32243 7.32236 7.32227 7.32214 7.32152
100-04 7.30386 7.30376 7.30363 7.30345 7.30255
100-08 7.28532 7.28519 7.28501 7.28478 7.28361
100-12 7.26681 7.26664 7.26642 7.26614 7.26471
100-16 7.24833 7.24813 7.24787 7.24753 7.24583
100-20 7.22988 7.22964 7.22934 7.22895 7.22698
100-24 7.21146 7.21119 7.21085 7.21041 7.20816
100-28 7.19307 7.19276 7.19238 7.19189 7.18938
101-00 7.17471 7.17437 7.17394 7.17340 7.17062
101-04 7.15638 7.15600 7.15553 7.15494 7.15189
101-08 7.13807 7.13767 7.13715 7.13651 7.13319
101-12 7.11980 7.11936 7.11880 7.11811 7.11452
101-16 7.10155 7.10108 7.10048 7.09973 7.09588
101-20 7.08334 7.08283 7.08219 7.08139 7.07727
101-24 7.06515 7.06461 7.06393 7.06308 7.05869
101-28 7.04699 7.04641 7.04570 7.04479 7.04014
102-00 7.02886 7.02825 7.02749 7.02654 7.02162
102-04 7.01076 7.01012 7.00932 7.00831 7.00313
102-08 6.99269 6.99201 6.99117 6.99011 6.98466
102-12 6.97465 6.97393 6.97305 6.97194 6.96623
102-16 6.95663 6.95588 6.95496 6.95380 6.94782
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Spread @ Center Price 149.30 149.31 149.32 149.33 149.39
WAL 9.61250 9.58690 9.55600 9.51790 9.32460
Mod Durn 6.698 6.686 6.671 6.652 6.557
Mod Convexity 0.583 0.580 0.577 0.574 0.556
Principal Window Apr10 to Sep10 Dec09 to Sep10 Oct09 to Sep10 Sep09 to Aug10 Jul09 to Jul10
Maturity #mos 118 118 118 117 116
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR At 75 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0 0 0 0 0
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%) 0 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<TABLE>
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 9.6125 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 480,874,152.68 1,167,730,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
95. Oct 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
96. Nov 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
97. Dec 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
98. Jan 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
99. Feb 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
100. Mar 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
101. Apr 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
102. May 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
103. Jun 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
104. Jul 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
105. Aug 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
106. Sep 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
107. Oct 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
108. Nov 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
109. Dec 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
110. Jan 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
111. Feb 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
112. Mar 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
113. Apr 15, 10 18,001,532.64 4,152,044.52 22,153,577.16 668,854,467.36 0.00
114. May 15, 10 160,092,023.56 4,043,225.26 164,135,248.82 508,762,443.79 0.00
115. Jun 15, 10 76,836,459.42 3,075,468.97 79,911,928.40 431,925,984.37 0.00
116. Jul 15, 10 159,602,814.98 2,610,992.58 162,213,807.56 272,323,169.39 0.00
117. Aug 15, 10 219,843,175.60 1,646,193.56 221,489,369.15 52,479,993.79 0.00
118. Sep 15, 10 52,479,993.79 317,241.56 52,797,235.35 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 480,874,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
102. May 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
103. Jun 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
104. Jul 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
105. Aug 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
106. Sep 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
107. Oct 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
108. Nov 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
109. Dec 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
110. Jan 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
111. Feb 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
112. Mar 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
113. Apr 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
114. May 15, 10 0.00 4,043,225.26 0.00 0.00 7.2540
115. Jun 15, 10 0.00 3,075,468.97 0.00 0.00 7.2540
116. Jul 15, 10 0.00 2,610,992.58 0.00 0.00 7.2540
117. Aug 15, 10 0.00 1,646,193.56 0.00 0.00 7.2540
118. Sep 15, 10 0.00 317,241.56 0.00 0.00 7.2540
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<TABLE>
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 9.2449 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 100 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 462,562,078.44 1,149,418,078.44 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 557,664.08 4,152,044.52 4,709,708.60 686,298,335.92 0.00
95. Oct 15, 08 1,130,790.34 4,148,673.44 5,279,463.78 685,167,545.58 0.00
96. Nov 15, 08 935,209.98 4,141,837.81 5,077,047.80 684,232,335.60 0.00
97. Dec 15, 08 1,145,321.80 4,136,184.47 5,281,506.27 683,087,013.80 0.00
98. Jan 15, 09 950,331.62 4,129,261.00 5,079,592.62 682,136,682.18 0.00
99. Feb 15, 09 957,240.79 4,123,516.24 5,080,757.03 681,179,441.39 0.00
100. Mar 15, 09 1,571,991.00 4,117,729.72 5,689,720.72 679,607,450.39 0.00
101. Apr 15, 09 975,616.78 4,108,227.04 5,083,843.82 678,631,833.61 0.00
102. May 15, 09 30,844,907.27 4,102,329.43 34,947,236.70 647,786,926.34 0.00
103. Jun 15, 09 960,612.27 3,915,871.97 4,876,484.24 646,826,314.08 0.00
104. Jul 15, 09 14,452,153.99 3,910,065.07 18,362,219.06 632,374,160.08 0.00
105. Aug 15, 09 938,184.61 3,822,701.80 4,760,886.41 631,435,975.47 0.00
106. Sep 15, 09 36,395,008.33 3,817,030.47 40,212,038.80 595,040,967.15 0.00
107. Oct 15, 09 35,342,886.75 3,597,022.65 38,939,909.40 559,698,080.39 0.00
108. Nov 15, 09 7,538,364.22 3,383,374.90 10,921,739.12 552,159,716.17 0.00
109. Dec 15, 09 50,199,244.72 3,337,805.48 53,537,050.20 501,960,471.45 0.00
110. Jan 15, 10 10,635,850.04 3,034,351.05 13,670,201.09 491,324,621.41 0.00
111. Feb 15, 10 38,790,735.78 2,970,057.34 41,760,793.11 452,533,885.63 0.00
112. Mar 15, 10 108,545,874.34 2,735,567.34 111,281,441.68 343,988,011.29 0.00
113. Apr 15, 10 54,332,804.23 2,079,407.53 56,412,211.76 289,655,207.06 0.00
114. May 15, 10 139,462,803.01 1,750,965.73 141,213,768.74 150,192,404.05 0.00
115. Jun 15, 10 150,192,404.05 907,913.08 151,100,317.13 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 462,562,078.44 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,148,673.44 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,141,837.81 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,136,184.47 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,129,261.00 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,123,516.24 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,117,729.72 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,108,227.04 0.00 0.00 7.2540
102. May 15, 09 0.00 4,102,329.43 0.00 0.00 7.2540
103. Jun 15, 09 0.00 3,915,871.97 0.00 0.00 7.2540
104. Jul 15, 09 0.00 3,910,065.07 0.00 0.00 7.2540
105. Aug 15, 09 0.00 3,822,701.80 0.00 0.00 7.2540
106. Sep 15, 09 0.00 3,817,030.47 0.00 0.00 7.2540
107. Oct 15, 09 0.00 3,597,022.65 0.00 0.00 7.2540
108. Nov 15, 09 0.00 3,383,374.90 0.00 0.00 7.2540
109. Dec 15, 09 0.00 3,337,805.48 0.00 0.00 7.2540
110. Jan 15, 10 0.00 3,034,351.05 0.00 0.00 7.2540
111. Feb 15, 10 0.00 2,970,057.34 0.00 0.00 7.2540
112. Mar 15, 10 0.00 2,735,567.34 0.00 0.00 7.2540
113. Apr 15, 10 0.00 2,079,407.53 0.00 0.00 7.2540
114. May 15, 10 0.00 1,750,965.73 0.00 0.00 7.2540
115. Jun 15, 10 0.00 907,913.08 0.00 0.00 7.2540
</TABLE>
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ---------------------------------------------
Type JUN FIX -----------------------------------------------
----------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
0CPR; Ext0mo 100% 0CPR; Ext0mo 100% 0CPR; Ext0mo 100% 0CPR; Ext0mo 100% 0CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24 rules; 0 for 24 rules; 0 for 24
1CDR,35% adv100% 2CDR,35% adv100% 3CDR,35% adv100% 4CDR,35% adv100% 5CDR,35% adv100%
Price lag12 lag12 lag12 lag12 lag
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
98-16 7.54814 7.54896 7.55043 7.55230 7.55441
98-20 7.52915 7.52989 7.53120 7.53288 7.53477
98-24 7.51019 7.51084 7.51201 7.51349 7.51517
98-28 7.49127 7.49183 7.49285 7.49414 7.49559
99-00 7.47237 7.47285 7.47371 7.47481 7.47605
99-04 7.45351 7.45390 7.45462 7.45552 7.45654
99-08 7.43467 7.43499 7.43555 7.43626 7.43707
99-12 7.41587 7.41610 7.41651 7.41703 7.41762
99-16 7.39710 7.39724 7.39750 7.39784 7.39821
99-20 7.37836 7.37842 7.37853 7.37867 7.37883
99-24 7.35964 7.35962 7.35958 7.35953 7.35948
99-28 7.34096 7.34086 7.34067 7.34043 7.34016
100-00 7.32231 7.32212 7.32179 7.32136 7.32087
100-04 7.30369 7.30342 7.30293 7.30231 7.30161
100-08 7.28510 7.28474 7.28411 7.28330 7.28239
100-12 7.26654 7.26610 7.26532 7.26432 7.26320
100-16 7.24801 7.24749 7.24656 7.24537 7.24403
100-20 7.22950 7.22890 7.22782 7.22645 7.22490
100-24 7.21103 7.21035 7.20912 7.20756 7.20580
100-28 7.19259 7.19182 7.19045 7.18870 7.18673
101-00 7.17418 7.17333 7.17181 7.16987 7.16769
101-04 7.15579 7.15486 7.15319 7.15107 7.14868
101-08 7.13744 7.13642 7.13461 7.13230 7.12970
101-12 7.11911 7.11802 7.11606 7.11356 7.11075
101-16 7.10082 7.09964 7.09753 7.09485 7.09183
101-20 7.08255 7.08129 7.07904 7.07617 7.07294
101-24 7.06431 7.06297 7.06057 7.05752 7.05408
101-28 7.04610 7.04468 7.04214 7.03890 7.03525
102-00 7.02792 7.02642 7.02373 7.02031 7.01645
102-04 7.00977 7.00819 7.00535 7.00175 6.99768
102-08 6.99165 6.98998 6.98701 6.98321 6.97894
102-12 6.97355 6.97181 6.96869 6.96471 6.96023
102-16 6.95549 6.95366 6.95039 6.94623 6.94155
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Spread @ Center Price 149.31 149.33 149.36 149.38
WAL 9.57490 9.51620 9.41620 9.29410
Mod Durn 6.680 6.650 6.597 6.532
Mod Convexity 0.579 0.574 0.565 0.555
Principal Window Jul09 to Sep10 Sep08 to Sep10 Sep07 to Sep10 Jan07 to Sep10
Maturity #mos 118 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 24,121,779.37 (2.11%) 46,912,895.97 (4.11%) 68,435,843.81 (5.99%) 88,750,735.69 (7.77%)
Prepay At 0 CPR At 0 CPR At 0 CPR At 0 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None
Pay Exten Princ
Default At 0 for 24 1 CDR At 0 for 24 2 CDR At 0 for 24 3 CDR At 0 for 24 4 CDR
Loss Severity 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
--------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780
--------------------------------------------------------------------------------------------------------------------------
<CAPTION>
--------------------------------------------------
<S> <C>
Spread @ Center Price 149.41
WAL 9.16170
Mod Durn 6.459
Mod Convexity 0.543
Principal Window Aug06 to Sep10
Maturity #mos 118
Accrued Interest 3,875,241.55
Total Collat Loss 107,915,372.56 (9.44%)
Prepay At 0 CPR
No prepays
Lockout and penalties Include penalty
Ext., if balloon None
Pay Exten Princ
Default At 0 for 24 5 CDR
Loss Severity 0.35
Servicer Advances 100% of P & I
Liquidation Lag 12 mos(100%)
Optional Redemption Calls ASAP (N)
--------------------------------------------------
CMT_3MO 5.830
CMT_6MO 5.830
CMT_1YR 5.830
CMT_2YR 5.730
CMT_5YR 5.770
CMT_10YR 5.740
CMT_30YR 5.780
--------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, Class AAA_2--Price/Yield
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000 Factor Date N/A
---------------------------------------------
Stated Maturity N/A Factor 1
-----------------------------------------------
Type JUN FIX
----------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24
1CDR,35% adv100% 2CDR,35% adv100% 3CDR,35% adv100% 4CDR,35% adv100% 5CDR,35% adv100%
Price lag12 lag12 lag12 lag12 lag
Yield
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
98-16 7.55234 7.55636 7.56106 7.56582 7.57063
98-20 7.53308 7.53691 7.54138 7.54590 7.55046
98-24 7.51385 7.51749 7.52174 7.52601 7.53033
98-28 7.49465 7.49809 7.50212 7.50616 7.51023
99-00 7.47548 7.47873 7.48254 7.48634 7.49016
99-04 7.45635 7.45941 7.46299 7.46656 7.47013
99-08 7.43724 7.44011 7.44347 7.44680 7.45013
99-12 7.41817 7.42085 7.42399 7.42708 7.43016
99-16 7.39913 7.40161 7.40453 7.40739 7.41023
99-20 7.38012 7.38241 7.38511 7.38773 7.39033
99-24 7.36114 7.36324 7.36572 7.36810 7.37046
99-28 7.34219 7.34410 7.34636 7.34851 7.35062
100-00 7.32327 7.32499 7.32703 7.32895 7.33081
100-04 7.30438 7.30591 7.30773 7.30942 7.31104
100-08 7.28552 7.28686 7.28847 7.28992 7.29130
100-12 7.26669 7.26784 7.26923 7.27045 7.27159
100-16 7.24790 7.24886 7.25003 7.25101 7.25191
100-20 7.22913 7.22990 7.23085 7.23161 7.23227
100-24 7.21039 7.21098 7.21171 7.21224 7.21266
100-28 7.19168 7.19208 7.19260 7.19289 7.19307
101-00 7.17301 7.17321 7.17352 7.17358 7.17352
101-04 7.15436 7.15438 7.15447 7.15430 7.15400
101-08 7.13574 7.13557 7.13545 7.13505 7.13452
101-12 7.11715 7.11680 7.11646 7.11583 7.11506
101-16 7.09859 7.09805 7.09750 7.09665 7.09564
101-20 7.08006 7.07934 7.07857 7.07749 7.07624
101-24 7.06156 7.06065 7.05967 7.05836 7.05688
101-28 7.04309 7.04200 7.04080 7.03927 7.03755
102-00 7.02465 7.02337 7.02196 7.02020 7.01825
102-04 7.00624 7.00477 7.00315 7.00116 6.99897
102-08 6.98785 6.98620 6.98437 6.98216 6.97973
102-12 6.96950 6.96766 6.96562 6.96318 6.96052
102-16 6.95117 6.94916 6.94690 6.94424 6.94134
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Spread @ Center Price 149.52 149.76 150.04 150.31 150.56
WAL 9.38890 9.26790 9.13450 8.99700 8.85900
Mod Durn 6.585 6.520 6.446 6.369 6.291
Mod Convexity 0.563 0.552 0.541 0.529 0.517
Principal Window Oct07 to Aug10 Dec06 to Sep10 Jun06 to Sep10 Feb06 to Sep10 Nov05 to Sep10
Maturity #mos 117 118 118 118 118
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 23,314,390.82(2.04%) 45,356,788.65(3.97%) 66,186,661.17(5.79%) 85,861,214.87(7.51%) 104,435,460.95(9.14%)
Prepay At 50 CPR At 50 CPR At 50 CPR At 50 CPR At 50 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 for 24 1 CDR At 0 for 24 2 CDR At 0 for 24 3 CDR At 0 for 24 4 CDR At 0 for 24 5 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
------------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780 5.780
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
FU00C2_082100, CLASS AAA_2--PRICE/YIELD
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000 Factor Date N/A
Stated Maturity N/A Factor 1 ---------------------------------------
Type JUN FIX ----------------------------------------------------
-----------------------------------------
</TABLE>
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100% 50CPR; Ext0mo 100%
0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24 0% rules; 0 for 24
1CDR,35% adv100% 2CDR,35% adv100% 3CDR,35% adv100% 4CDR,35% adv100% 5CDR,35% adv100%
Price lag12 lag12 lag12 lag12 lag
Yield
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
98-16 7.52679 7.53619 7.54337 7.54747 7.55271
98-20 7.51001 7.51846 7.52490 7.52856 7.53325
98-24 7.49325 7.50076 7.50646 7.50968 7.51382
98-28 7.47652 7.48309 7.48805 7.49083 7.49442
99-00 7.45982 7.46545 7.46967 7.47201 7.47506
99-04 7.44315 7.44784 7.45132 7.45322 7.45572
99-08 7.42651 7.43025 7.43300 7.43446 7.43642
99-12 7.40989 7.41270 7.41471 7.41574 7.41715
99-16 7.39330 7.39517 7.39645 7.39704 7.39791
99-20 7.37674 7.37768 7.37822 7.37838 7.37870
99-24 7.36021 7.36021 7.36002 7.35974 7.35952
99-28 7.34371 7.34277 7.34185 7.34113 7.34037
100-00 7.32723 7.32536 7.32371 7.32256 7.32126
100-04 7.31078 7.30798 7.30560 7.30401 7.30217
100-08 7.29435 7.29063 7.28752 7.28550 7.28312
100-12 7.27796 7.27330 7.26946 7.26701 7.26409
100-16 7.26159 7.25601 7.25144 7.24856 7.24510
100-20 7.24525 7.23874 7.23345 7.23013 7.22614
100-24 7.22893 7.22150 7.21548 7.21173 7.20720
100-28 7.21264 7.20429 7.19755 7.19337 7.18830
101-00 7.19638 7.18711 7.17964 7.17503 7.16943
101-04 7.18014 7.16995 7.16176 7.15672 7.15058
101-08 7.16394 7.15282 7.14391 7.13844 7.13177
101-12 7.14775 7.13572 7.12609 7.12019 7.11298
101-16 7.13160 7.11865 7.10830 7.10197 7.09423
101-20 7.11547 7.10161 7.09053 7.08378 7.07551
101-24 7.09937 7.08459 7.07280 7.06561 7.05681
101-28 7.08329 7.06760 7.05509 7.04748 7.03815
102-00 7.06724 7.05064 7.03741 7.02937 7.01951
102-04 7.05121 7.03370 7.01976 7.01130 7.00090
102-08 7.03521 7.01680 7.00214 6.99325 6.98233
102-12 7.01924 6.99991 6.98454 6.97523 6.96378
102-16 7.00329 6.98306 6.96697 6.95724 6.94526
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Spread @ Center Price 149.62 149.38 149.17 149.29
WAL 11.52760 10.61810 9.98000 9.63590
Mod Durn 7.562 7.157 6.868 6.707
Mod Convexity 0.763 0.677 0.617 0.585
Principal Window Sep10 to Sep12 Aug09 to Jul12 Feb09 to Jan12 Nov08 to Mar11
Maturity #mos 142 140 134 124
Accrued Interest 3,875,241.55 3,875,241.55 3,875,241.55 3,875,241.55
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 25 CPR At 50 CPR At 75 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty
Ext., if balloon Extend 100% 24 mos Extend 100% 24 mos Extend 100% 24 mos Extend 100% 24 mos
Pay Exten Princ By pre-exten rules By pre-exten rules By pre-exten rules By pre-exten rules
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
-------------------------------------------------------------------------------------------------------------------------
CMT_3MO 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830
CMT_2YR 5.730 5.730 5.730 5.730
CMT_5YR 5.770 5.770 5.770 5.770
CMT_10YR 5.740 5.740 5.740 5.740
CMT_30YR 5.780 5.780 5.780 5.780
-------------------------------------------------------------------------------------------------------------------------
<CAPTION>
----------------------------------------------------
<S> <C>
Spread @ Center Price 149.42
WAL 9.24530
Mod Durn 6.517
Mod Convexity 0.549
Principal Window Sep08 to Jun10
Maturity #mos 115
Accrued Interest 3,875,241.55
Total Collat Loss 0.00 (0.00%)
Prepay At 100 CPR
No prepays
Lockout and penalties Include penalty
Ext., if balloon Extend 100% 24 mos
Pay Exten Princ By pre-exten rules
Default At 0 CDR
Loss Severity 0.35
Servicer Advances 100% of P & I
Liquidation Lag 12 mos(100%)
Optional Redemption Calls ASAP (N)
----------------------------------------------------
CMT_3MO 5.830
CMT_6MO 5.830
CMT_1YR 5.830
CMT_2YR 5.730
CMT_5YR 5.770
CMT_10YR 5.740
CMT_30YR 5.780
----------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
<PAGE>
--------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these
Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on,
the final prospectus and prospectus supplement (collectively, the "Final
Prospectus") relating to the certificates referred to herein (the "Offered
Certificates") in making their investment decision. These Computational
Materials have been based upon the assumptions described above, which most
likely will not represent the actual experience of the Mortgage Pool in the
future. No representation is made herein as to the actual rate or timing of
principal payments or prepayments on any of the underlying Mortgage Loans in the
Mortgage Pool or the actual performance characteristics of the Offered
Certificates. Prior to making any investment decision, a prospective investor
should receive and fully review the Final Prospectus. NOTHING HEREIN SHOULD BE
CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY OFFERED
CERTIFICATES.
--------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_2
<TABLE>
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/01/2000
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 11.5276 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 35% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: Extend 100% 24 mos Pay Exten Princ: By pre-exten rules
Optional Redemption: N
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 576,292,991.25 1,263,148,991.25 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
95. Oct 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
96. Nov 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
97. Dec 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
98. Jan 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
99. Feb 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
100. Mar 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
101. Apr 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
102. May 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
103. Jun 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
104. Jul 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
105. Aug 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
106. Sep 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
107. Oct 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
108. Nov 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
109. Dec 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
110. Jan 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
111. Feb 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
112. Mar 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
113. Apr 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
114. May 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
115. Jun 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
116. Jul 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
117. Aug 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
118. Sep 15, 10 440,404.66 4,152,044.52 4,592,449.18 686,415,595.34 0.00
119. Oct 15, 10 1356875.93 4149382.27 5506258.2 685058719.4 0
120. Nov 15, 10 1143680.91 4141179.96 5284860.87 683915038.5 0
121. Dec 15, 10 1374473.42 4134266.41 5508739.83 682540565.1 0
122. Jan 15, 11 1161993.18 4125957.72 5287950.9 681378571.9 0
123. Feb 15, 11 1170445.9 4118933.47 5289379.37 680208126 0
124. Mar 15, 11 1843770.75 4111858.12 5955628.87 678364355.3 0
125. Apr 15, 11 1192356.57 4100712.53 5293069.1 677171998.7 0
126. May 15, 11 1421921.99 4093504.73 5515426.72 675750076.7 0
127. Jun 15, 11 1211368.96 4084909.21 5296278.18 674538707.7 0
128. Jul 15, 11 30126070.69 4077586.49 34203657.18 644412637 0
129. Aug 15, 11 1193292.79 3895474.39 5088767.19 643219344.2 0
130. Sep 15, 11 1201990.53 3888260.94 5090251.46 642017353.7 0
131. Oct 15, 11 1423805.7 3880994.9 5304800.61 640593548 0
132. Nov 15, 11 1221124.22 3872388 5093512.22 639372423.8 0
133. Dec 15, 11 1442457.33 3865006.3 5307463.63 637929966.5 0
134. Jan 15, 12 7524928.08 3856286.65 11381214.73 630405038.4 0
135. Feb 15, 12 1238018.03 3810798.46 5048816.49 629167020.4 0
136. Mar 15, 12 1667138.29 3803314.64 5470452.93 627499882.1 0
137. Apr 15, 12 18352408.97 3793236.79 22145645.76 609147473.1 0
138. May 15, 12 153708182.5 3682296.47 157390478.9 455439290.6 0
139. Jun 15, 12 73612547.33 2753130.51 76365677.84 381826743.3 0
140. Jul 15, 12 125471270.6 2308142.66 127779413.2 256355472.8 0
141. Aug 15, 12 214263257.6 1549668.83 215812926.4 42092215.16 0
142. Sep 15, 12 42092215.16 254447.44 42346662.6 0 0
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 576,292,991.25 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
102. May 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
103. Jun 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
104. Jul 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
105. Aug 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
106. Sep 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
107. Oct 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
108. Nov 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
109. Dec 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
110. Jan 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
111. Feb 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
112. Mar 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
113. Apr 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
114. May 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
115. Jun 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
116. Jul 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
117. Aug 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
118. Sep 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
119. Oct 15, 10 0 4149382.27 0 0 7.254
120. Nov 15, 10 0 4141179.96 0 0 7.254
121. Dec 15, 10 0 4134266.41 0 0 7.254
122. Jan 15, 11 0 4125957.72 0 0 7.254
123. Feb 15, 11 0 4118933.47 0 0 7.254
124. Mar 15, 11 0 4111858.12 0 0 7.254
125. Apr 15, 11 0 4100712.53 0 0 7.254
126. May 15, 11 0 4093504.73 0 0 7.254
127. Jun 15, 11 0 4084909.21 0 0 7.254
128. Jul 15, 11 0 4077586.49 0 0 7.254
129. Aug 15, 11 0 3895474.39 0 0 7.254
130. Sep 15, 11 0 3888260.94 0 0 7.254
131. Oct 15, 11 0 3880994.9 0 0 7.254
132. Nov 15, 11 0 3872388 0 0 7.254
133. Dec 15, 11 0 3865006.3 0 0 7.254
134. Jan 15, 12 0 3856286.65 0 0 7.254
135. Feb 15, 12 0 3810798.46 0 0 7.254
136. Mar 15, 12 0 3803314.64 0 0 7.254
137. Apr 15, 12 0 3793236.79 0 0 7.254
138. May 15, 12 0 3682296.47 0 0 7.254
139. Jun 15, 12 0 2753130.51 0 0 7.254
140. Jul 15, 12 0 2308142.66 0 0 7.254
141. Aug 15, 12 0 1549668.83 0 0 7.254
142. Sep 15, 12 0 254447.44 0 0 7.254
</TABLE>
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_1
<S> <C> <C> <C> <C> <C>
CUSIP Face $187,400,000.00 Settle at Pricing
Coupon 7.137 Original Balance $187,400,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $187,400,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type SEN FIX WAL 5.7032 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 0% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption:
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 187,400,000.00 76,799,233.81 264,199,233.81 0.00
0. Nov 29, 00 0.00 0.00 0.00 187,400,000.00 0.00
1. Dec 15, 00 527,704.98 1,114,561.50 1,642,266.48 186,872,295.02 0.00
2. Jan 15, 01 354,522.72 1,111,422.97 1,465,945.70 186,517,772.30 0.00
3. Feb 15, 01 358,035.37 1,109,314.45 1,467,349.82 186,159,736.93 0.00
4. Mar 15, 01 892,710.25 1,107,185.04 1,999,895.29 185,267,026.68 0.00
5. Apr 15, 01 367,192.72 1,101,875.64 1,469,068.36 184,899,833.96 0.00
6. May 15, 01 546,934.13 1,099,691.76 1,646,625.89 184,352,899.84 0.00
7. Jun 15, 01 373,884.32 1,096,438.87 1,470,323.19 183,979,015.52 0.00
8. Jul 15, 01 553,457.35 1,094,215.19 1,647,672.54 183,425,558.17 0.00
9. Aug 15, 01 380,672.81 1,090,923.51 1,471,596.32 183,044,885.36 0.00
10. Sep 15, 01 386,446.20 1,088,659.46 1,475,105.66 182,658,439.15 0.00
11. Oct 15, 01 567,707.25 1,086,361.07 1,654,068.32 182,090,731.90 0.00
12. Nov 15, 01 408,160.64 1,082,984.63 1,491,145.27 181,682,571.26 0.00
13. Dec 15, 01 596,392.17 1,080,557.09 1,676,949.26 181,086,179.09 0.00
14. Jan 15, 02 415,496.75 1,077,010.05 1,492,506.81 180,670,682.34 0.00
15. Feb 15, 02 420,411.60 1,074,538.88 1,494,950.48 180,250,270.74 0.00
16. Mar 15, 02 982,589.31 1,072,038.49 2,054,627.79 179,267,681.43 0.00
17. Apr 15, 02 430,661.71 1,066,194.54 1,496,856.24 178,837,019.72 0.00
18. May 15, 02 619,843.27 1,063,633.17 1,683,476.45 178,217,176.45 0.00
19. Jun 15, 02 438,335.64 1,059,946.66 1,498,282.29 177,778,840.81 0.00
20. Jul 15, 02 627,324.00 1,057,339.66 1,684,663.66 177,151,516.81 0.00
21. Aug 15, 02 446,120.47 1,053,608.65 1,499,729.12 176,705,396.34 0.00
22. Sep 15, 02 466,424.45 1,050,955.34 1,517,379.80 176,238,971.89 0.00
23. Oct 15, 02 704,844.16 1,048,181.29 1,753,025.45 175,534,127.73 0.00
24. Nov 15, 02 507,500.64 1,043,989.22 1,551,489.86 175,026,627.09 0.00
25. Dec 15, 02 720,798.48 1,040,970.86 1,761,769.34 174,305,828.61 0.00
26. Jan 15, 03 516,450.64 1,036,683.92 1,553,134.56 173,789,377.97 0.00
27. Feb 15, 03 520,213.76 1,033,612.33 1,553,826.09 173,269,164.21 0.00
28. Mar 15, 03 1,151,565.20 1,030,518.35 2,182,083.56 172,117,599.01 0.00
29. Apr 15, 03 10,332,395.82 1,023,669.42 11,356,065.24 161,785,203.19 0.00
30. May 15, 03 745,066.43 962,217.50 1,707,283.93 161,040,136.75 0.00
31. Jun 15, 03 541,704.66 957,786.21 1,499,490.88 160,498,432.09 0.00
32. Jul 15, 03 754,140.74 954,564.42 1,708,705.17 159,744,291.35 0.00
33. Aug 15, 03 551,147.69 950,079.17 1,501,226.86 159,193,143.66 0.00
34. Sep 15, 03 583,984.67 946,801.22 1,530,785.89 158,609,158.99 0.00
35. Oct 15, 03 823,812.26 943,327.97 1,767,140.24 157,785,346.73 0.00
36. Nov 15, 03 601,407.35 938,428.35 1,539,835.70 157,183,939.38 0.00
37. Dec 15, 03 833,848.12 934,851.48 1,768,699.60 156,350,091.26 0.00
38. Jan 15, 04 611,850.87 929,892.17 1,541,743.04 155,738,240.39 0.00
39. Feb 15, 04 616,303.54 926,253.18 1,542,556.73 155,121,936.85 0.00
40. Mar 15, 04 1,075,949.06 922,587.72 1,998,536.78 154,045,987.79 0.00
41. Apr 15, 04 7,528,616.46 916,188.51 8,444,804.98 146,517,371.33 0.00
42. May 15, 04 860,371.43 871,412.07 1,731,783.49 145,656,999.90 0.00
43. Jun 15, 04 639,451.60 866,295.01 1,505,746.61 145,017,548.30 0.00
44. Jul 15, 04 870,933.47 862,491.87 1,733,425.34 144,146,614.83 0.00
45. Aug 15, 04 650,442.70 857,311.99 1,507,754.69 143,496,172.13 0.00
46. Sep 15, 04 655,176.64 853,443.48 1,508,620.13 142,840,995.49 0.00
47. Oct 15, 04 886,262.18 849,546.82 1,735,809.00 141,954,733.31 0.00
48. Nov 15, 04 666,394.10 844,275.78 1,510,669.88 141,288,339.20 0.00
49. Dec 15, 04 897,196.91 840,312.40 1,737,509.31 140,391,142.29 0.00
50. Jan 15, 05 677,773.03 834,976.32 1,512,749.35 139,713,369.26 0.00
51. Feb 15, 05 682,706.20 830,945.26 1,513,651.46 139,030,663.06 0.00
52. Mar 15, 05 1,363,943.01 826,884.87 2,190,827.87 137,666,720.05 0.00
53. Apr 15, 05 697,598.47 818,772.82 1,516,371.28 136,969,121.59 0.00
54. May 15, 05 927,614.79 814,623.85 1,742,238.64 136,041,506.80 0.00
55. Jun 15, 05 725,082.21 809,106.86 1,534,189.07 135,316,424.59 0.00
56. Jul 15, 05 16,860,306.10 804,794.44 17,665,100.53 118,456,118.49 0.00
57. Aug 15, 05 727,062.15 704,517.76 1,431,579.91 117,729,056.34 0.00
58. Sep 15, 05 732,348.30 700,193.56 1,432,541.86 116,996,708.04 0.00
59. Oct 15, 05 24,254,935.04 695,837.92 24,950,772.96 92,741,773.00 0.00
60. Nov 15, 05 736,732.55 551,581.69 1,288,314.25 92,005,040.45 0.00
61. Dec 15, 05 967,611.21 547,199.98 1,514,811.19 91,037,429.23 0.00
62. Jan 15, 06 749,115.55 541,445.11 1,290,560.66 90,288,313.68 0.00
63. Feb 15, 06 754,559.79 536,989.75 1,291,549.53 89,533,753.89 0.00
64. Mar 15, 06 1,434,879.53 532,502.00 1,967,381.53 88,098,874.37 0.00
65. Apr 15, 06 770,462.16 523,968.06 1,294,430.21 87,328,412.21 0.00
66. May 15, 06 1,000,490.29 519,385.73 1,519,876.02 86,327,921.92 0.00
67. Jun 15, 06 783,329.86 513,435.32 1,296,765.17 85,544,592.06 0.00
68. Jul 15, 06 1,013,033.54 508,776.46 1,521,810.00 84,531,558.52 0.00
69. Aug 15, 06 796,382.51 502,751.44 1,299,133.95 83,735,176.01 0.00
70. Sep 15, 06 802,170.73 498,014.96 1,300,185.69 82,933,005.29 0.00
71. Oct 15, 06 1,031,399.36 493,244.05 1,524,643.41 81,901,605.92 0.00
72. Nov 15, 06 815,494.21 487,109.80 1,302,604.01 81,086,111.71 0.00
73. Dec 15, 06 1,044,386.90 482,259.65 1,526,646.55 80,041,724.81 0.00
74. Jan 15, 07 829,009.21 476,048.16 1,305,057.36 79,212,715.60 0.00
75. Feb 15, 07 835,034.92 471,117.63 1,306,152.55 78,377,680.68 0.00
76. Mar 15, 07 1,508,095.77 466,151.26 1,974,247.03 76,869,584.91 0.00
77. Apr 15, 07 852,055.89 457,181.86 1,309,237.75 76,017,529.02 0.00
78. May 15, 07 1,080,026.69 452,114.25 1,532,140.94 74,937,502.33 0.00
79. Jun 15, 07 866,096.36 445,690.80 1,311,787.16 74,071,405.97 0.00
80. Jul 15, 07 1,093,713.14 440,539.69 1,534,252.83 72,977,692.82 0.00
81. Aug 15, 07 880,338.67 434,034.83 1,314,373.50 72,097,354.15 0.00
82. Sep 15, 07 886,737.98 428,799.01 1,315,536.99 71,210,616.18 0.00
83. Oct 15, 07 1,113,834.33 423,525.14 1,537,359.47 70,096,781.85 0.00
84. Nov 15, 07 901,277.04 416,900.61 1,318,177.65 69,195,504.80 0.00
85. Dec 15, 07 1,128,006.81 411,540.26 1,539,547.08 68,067,497.99 0.00
86. Jan 15, 08 916,025.12 404,831.44 1,320,856.56 67,151,472.87 0.00
87. Feb 15, 08 922,684.23 399,383.38 1,322,067.62 66,228,788.64 0.00
88. Mar 15, 08 1,368,356.73 393,895.72 1,762,252.45 64,860,431.91 0.00
89. Apr 15, 08 939,331.89 385,757.42 1,325,089.31 63,921,100.02 0.00
90. May 15, 08 1,165,102.18 380,170.74 1,545,272.92 62,755,997.84 0.00
91. Jun 15, 08 954,627.03 373,241.30 1,327,868.33 61,801,370.81 0.00
92. Jul 15, 08 1,180,011.69 367,563.65 1,547,575.34 60,621,359.12 0.00
93. Aug 15, 08 970,142.07 360,545.53 1,330,687.61 59,651,217.05 0.00
94. Sep 15, 08 977,195.16 354,775.61 1,331,970.77 58,674,021.89 0.00
95. Oct 15, 08 1,202,010.82 348,963.75 1,550,974.57 57,472,011.07 0.00
96. Nov 15, 08 993,034.70 341,814.79 1,334,849.48 56,478,976.38 0.00
97. Dec 15, 08 1,217,451.01 335,908.71 1,553,359.73 55,261,525.36 0.00
98. Jan 15, 09 1,009,101.97 328,667.92 1,337,769.90 54,252,423.39 0.00
99. Feb 15, 09 1,016,438.73 322,666.29 1,339,105.01 53,235,984.66 0.00
100. Mar 15, 09 1,673,137.17 316,621.02 1,989,758.19 51,562,847.49 0.00
101. Apr 15, 09 1,035,981.79 306,670.04 1,342,651.83 50,526,865.70 0.00
102. May 15, 09 1,259,315.28 300,508.53 1,559,823.82 49,267,550.42 0.00
103. Jun 15, 09 1,052,666.49 293,018.76 1,345,685.25 48,214,883.93 0.00
104. Jul 15, 09 30,867,626.29 286,758.02 31,154,384.31 17,347,257.64 0.00
105. Aug 15, 09 1,038,418.68 103,172.81 1,141,591.49 16,308,838.96 0.00
106. Sep 15, 09 1,045,982.95 96,996.82 1,142,979.77 15,262,856.00 0.00
107. Oct 15, 09 1,261,554.04 90,775.84 1,352,329.87 14,001,301.97 0.00
108. Nov 15, 09 1,062,788.27 83,272.74 1,146,061.02 12,938,513.70 0.00
109. Dec 15, 09 1,277,935.88 76,951.81 1,354,887.69 11,660,577.82 0.00
110. Jan 15, 10 7,637,521.23 69,351.29 7,706,872.52 4,023,056.59 0.00
111. Feb 15, 10 1,078,115.96 23,927.13 1,102,043.09 2,944,940.63 0.00
112. Mar 15, 10 1,701,185.90 17,515.03 1,718,700.93 1,243,754.73 0.00
113. Apr 15, 10 1,243,754.73 7,397.23 1,251,151.96 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 76,799,233.81 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 1,114,561.50 0.00 0.00 7.1370
2. Jan 15, 01 0.00 1,111,422.97 0.00 0.00 7.1370
3. Feb 15, 01 0.00 1,109,314.45 0.00 0.00 7.1370
4. Mar 15, 01 0.00 1,107,185.04 0.00 0.00 7.1370
5. Apr 15, 01 0.00 1,101,875.64 0.00 0.00 7.1370
6. May 15, 01 0.00 1,099,691.76 0.00 0.00 7.1370
7. Jun 15, 01 0.00 1,096,438.87 0.00 0.00 7.1370
8. Jul 15, 01 0.00 1,094,215.19 0.00 0.00 7.1370
9. Aug 15, 01 0.00 1,090,923.51 0.00 0.00 7.1370
10. Sep 15, 01 0.00 1,088,659.46 0.00 0.00 7.1370
11. Oct 15, 01 0.00 1,086,361.07 0.00 0.00 7.1370
12. Nov 15, 01 0.00 1,082,984.63 0.00 0.00 7.1370
13. Dec 15, 01 0.00 1,080,557.09 0.00 0.00 7.1370
14. Jan 15, 02 0.00 1,077,010.05 0.00 0.00 7.1370
15. Feb 15, 02 0.00 1,074,538.88 0.00 0.00 7.1370
16. Mar 15, 02 0.00 1,072,038.49 0.00 0.00 7.1370
17. Apr 15, 02 0.00 1,066,194.54 0.00 0.00 7.1370
18. May 15, 02 0.00 1,063,633.17 0.00 0.00 7.1370
19. Jun 15, 02 0.00 1,059,946.66 0.00 0.00 7.1370
20. Jul 15, 02 0.00 1,057,339.66 0.00 0.00 7.1370
21. Aug 15, 02 0.00 1,053,608.65 0.00 0.00 7.1370
22. Sep 15, 02 0.00 1,050,955.34 0.00 0.00 7.1370
23. Oct 15, 02 0.00 1,048,181.29 0.00 0.00 7.1370
24. Nov 15, 02 0.00 1,043,989.22 0.00 0.00 7.1370
25. Dec 15, 02 0.00 1,040,970.86 0.00 0.00 7.1370
26. Jan 15, 03 0.00 1,036,683.92 0.00 0.00 7.1370
27. Feb 15, 03 0.00 1,033,612.33 0.00 0.00 7.1370
28. Mar 15, 03 0.00 1,030,518.35 0.00 0.00 7.1370
29. Apr 15, 03 0.00 1,023,669.42 0.00 0.00 7.1370
30. May 15, 03 0.00 962,217.50 0.00 0.00 7.1370
31. Jun 15, 03 0.00 957,786.21 0.00 0.00 7.1370
32. Jul 15, 03 0.00 954,564.42 0.00 0.00 7.1370
33. Aug 15, 03 0.00 950,079.17 0.00 0.00 7.1370
34. Sep 15, 03 0.00 946,801.22 0.00 0.00 7.1370
35. Oct 15, 03 0.00 943,327.97 0.00 0.00 7.1370
36. Nov 15, 03 0.00 938,428.35 0.00 0.00 7.1370
37. Dec 15, 03 0.00 934,851.48 0.00 0.00 7.1370
38. Jan 15, 04 0.00 929,892.17 0.00 0.00 7.1370
39. Feb 15, 04 0.00 926,253.18 0.00 0.00 7.1370
40. Mar 15, 04 0.00 922,587.72 0.00 0.00 7.1370
41. Apr 15, 04 0.00 916,188.51 0.00 0.00 7.1370
42. May 15, 04 0.00 871,412.07 0.00 0.00 7.1370
43. Jun 15, 04 0.00 866,295.01 0.00 0.00 7.1370
44. Jul 15, 04 0.00 862,491.87 0.00 0.00 7.1370
45. Aug 15, 04 0.00 857,311.99 0.00 0.00 7.1370
46. Sep 15, 04 0.00 853,443.48 0.00 0.00 7.1370
47. Oct 15, 04 0.00 849,546.82 0.00 0.00 7.1370
48. Nov 15, 04 0.00 844,275.78 0.00 0.00 7.1370
49. Dec 15, 04 0.00 840,312.40 0.00 0.00 7.1370
50. Jan 15, 05 0.00 834,976.32 0.00 0.00 7.1370
51. Feb 15, 05 0.00 830,945.26 0.00 0.00 7.1370
52. Mar 15, 05 0.00 826,884.87 0.00 0.00 7.1370
53. Apr 15, 05 0.00 818,772.82 0.00 0.00 7.1370
54. May 15, 05 0.00 814,623.85 0.00 0.00 7.1370
55. Jun 15, 05 0.00 809,106.86 0.00 0.00 7.1370
56. Jul 15, 05 0.00 804,794.44 0.00 0.00 7.1370
57. Aug 15, 05 0.00 704,517.76 0.00 0.00 7.1370
58. Sep 15, 05 0.00 700,193.56 0.00 0.00 7.1370
59. Oct 15, 05 0.00 695,837.92 0.00 0.00 7.1370
60. Nov 15, 05 0.00 551,581.69 0.00 0.00 7.1370
61. Dec 15, 05 0.00 547,199.98 0.00 0.00 7.1370
62. Jan 15, 06 0.00 541,445.11 0.00 0.00 7.1370
63. Feb 15, 06 0.00 536,989.75 0.00 0.00 7.1370
64. Mar 15, 06 0.00 532,502.00 0.00 0.00 7.1370
65. Apr 15, 06 0.00 523,968.06 0.00 0.00 7.1370
66. May 15, 06 0.00 519,385.73 0.00 0.00 7.1370
67. Jun 15, 06 0.00 513,435.32 0.00 0.00 7.1370
68. Jul 15, 06 0.00 508,776.46 0.00 0.00 7.1370
69. Aug 15, 06 0.00 502,751.44 0.00 0.00 7.1370
70. Sep 15, 06 0.00 498,014.96 0.00 0.00 7.1370
71. Oct 15, 06 0.00 493,244.05 0.00 0.00 7.1370
72. Nov 15, 06 0.00 487,109.80 0.00 0.00 7.1370
73. Dec 15, 06 0.00 482,259.65 0.00 0.00 7.1370
74. Jan 15, 07 0.00 476,048.16 0.00 0.00 7.1370
75. Feb 15, 07 0.00 471,117.63 0.00 0.00 7.1370
76. Mar 15, 07 0.00 466,151.26 0.00 0.00 7.1370
77. Apr 15, 07 0.00 457,181.86 0.00 0.00 7.1370
78. May 15, 07 0.00 452,114.25 0.00 0.00 7.1370
79. Jun 15, 07 0.00 445,690.80 0.00 0.00 7.1370
80. Jul 15, 07 0.00 440,539.69 0.00 0.00 7.1370
81. Aug 15, 07 0.00 434,034.83 0.00 0.00 7.1370
82. Sep 15, 07 0.00 428,799.01 0.00 0.00 7.1370
83. Oct 15, 07 0.00 423,525.14 0.00 0.00 7.1370
84. Nov 15, 07 0.00 416,900.61 0.00 0.00 7.1370
85. Dec 15, 07 0.00 411,540.26 0.00 0.00 7.1370
86. Jan 15, 08 0.00 404,831.44 0.00 0.00 7.1370
87. Feb 15, 08 0.00 399,383.38 0.00 0.00 7.1370
88. Mar 15, 08 0.00 393,895.72 0.00 0.00 7.1370
89. Apr 15, 08 0.00 385,757.42 0.00 0.00 7.1370
90. May 15, 08 0.00 380,170.74 0.00 0.00 7.1370
91. Jun 15, 08 0.00 373,241.30 0.00 0.00 7.1370
92. Jul 15, 08 0.00 367,563.65 0.00 0.00 7.1370
93. Aug 15, 08 0.00 360,545.53 0.00 0.00 7.1370
94. Sep 15, 08 0.00 354,775.61 0.00 0.00 7.1370
95. Oct 15, 08 0.00 348,963.75 0.00 0.00 7.1370
96. Nov 15, 08 0.00 341,814.79 0.00 0.00 7.1370
97. Dec 15, 08 0.00 335,908.71 0.00 0.00 7.1370
98. Jan 15, 09 0.00 328,667.92 0.00 0.00 7.1370
99. Feb 15, 09 0.00 322,666.29 0.00 0.00 7.1370
100. Mar 15, 09 0.00 316,621.02 0.00 0.00 7.1370
101. Apr 15, 09 0.00 306,670.04 0.00 0.00 7.1370
102. May 15, 09 0.00 300,508.53 0.00 0.00 7.1370
103. Jun 15, 09 0.00 293,018.76 0.00 0.00 7.1370
104. Jul 15, 09 0.00 286,758.02 0.00 0.00 7.1370
105. Aug 15, 09 0.00 103,172.81 0.00 0.00 7.1370
106. Sep 15, 09 0.00 96,996.82 0.00 0.00 7.1370
107. Oct 15, 09 0.00 90,775.84 0.00 0.00 7.1370
108. Nov 15, 09 0.00 83,272.74 0.00 0.00 7.1370
109. Dec 15, 09 0.00 76,951.81 0.00 0.00 7.1370
110. Jan 15, 10 0.00 69,351.29 0.00 0.00 7.1370
111. Feb 15, 10 0.00 23,927.13 0.00 0.00 7.1370
112. Mar 15, 10 0.00 17,515.03 0.00 0.00 7.1370
113. Apr 15, 10 0.00 7,397.23 0.00 0.00 7.1370
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AAA_2
<S> <C> <C> <C> <C> <C>
CUSIP Face $686,856,000.00 Settle at Pricing
Coupon 7.254 Original Balance $686,856,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $686,856,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX WAL 9.6125 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 0% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption:
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 686,856,000.00 480,874,152.68 1,167,730,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 686,856,000.00 0.00
1. Dec 15, 00 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
2. Jan 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
3. Feb 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
4. Mar 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
5. Apr 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
6. May 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
7. Jun 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
8. Jul 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
9. Aug 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
10. Sep 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
11. Oct 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
12. Nov 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
13. Dec 15, 01 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
14. Jan 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
15. Feb 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
16. Mar 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
17. Apr 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
18. May 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
19. Jun 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
20. Jul 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
21. Aug 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
22. Sep 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
23. Oct 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
24. Nov 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
25. Dec 15, 02 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
26. Jan 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
27. Feb 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
28. Mar 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
29. Apr 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
30. May 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
31. Jun 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
32. Jul 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
33. Aug 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
34. Sep 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
35. Oct 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
36. Nov 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
37. Dec 15, 03 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
38. Jan 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
39. Feb 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
40. Mar 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
41. Apr 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
42. May 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
43. Jun 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
44. Jul 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
45. Aug 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
46. Sep 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
47. Oct 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
48. Nov 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
49. Dec 15, 04 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
50. Jan 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
51. Feb 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
52. Mar 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
53. Apr 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
54. May 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
55. Jun 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
56. Jul 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
57. Aug 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
58. Sep 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
59. Oct 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
60. Nov 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
61. Dec 15, 05 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
62. Jan 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
63. Feb 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
64. Mar 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
65. Apr 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
66. May 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
67. Jun 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
68. Jul 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
69. Aug 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
70. Sep 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
71. Oct 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
72. Nov 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
73. Dec 15, 06 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
74. Jan 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
75. Feb 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
76. Mar 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
77. Apr 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
78. May 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
79. Jun 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
80. Jul 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
81. Aug 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
82. Sep 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
83. Oct 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
84. Nov 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
85. Dec 15, 07 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
86. Jan 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
87. Feb 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
88. Mar 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
89. Apr 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
90. May 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
91. Jun 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
92. Jul 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
93. Aug 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
94. Sep 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
95. Oct 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
96. Nov 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
97. Dec 15, 08 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
98. Jan 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
99. Feb 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
100. Mar 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
101. Apr 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
102. May 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
103. Jun 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
104. Jul 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
105. Aug 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
106. Sep 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
107. Oct 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
108. Nov 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
109. Dec 15, 09 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
110. Jan 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
111. Feb 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
112. Mar 15, 10 0.00 4,152,044.52 4,152,044.52 686,856,000.00 0.00
113. Apr 15, 10 18,001,532.64 4,152,044.52 22,153,577.16 668,854,467.36 0.00
114. May 15, 10 160,092,023.56 4,043,225.26 164,135,248.82 508,762,443.79 0.00
115. Jun 15, 10 76,836,459.42 3,075,468.97 79,911,928.40 431,925,984.37 0.00
116. Jul 15, 10 159,602,814.98 2,610,992.58 162,213,807.56 272,323,169.39 0.00
117. Aug 15, 10 219,843,175.60 1,646,193.56 221,489,369.15 52,479,993.79 0.00
118. Sep 15, 10 52,479,993.79 317,241.56 52,797,235.35 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 480,874,152.68 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 4,152,044.52 0.00 0.00 7.2540
2. Jan 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
3. Feb 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
4. Mar 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
5. Apr 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
6. May 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
7. Jun 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
8. Jul 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
9. Aug 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
10. Sep 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
11. Oct 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
12. Nov 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
13. Dec 15, 01 0.00 4,152,044.52 0.00 0.00 7.2540
14. Jan 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
15. Feb 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
16. Mar 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
17. Apr 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
18. May 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
19. Jun 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
20. Jul 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
21. Aug 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
22. Sep 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
23. Oct 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
24. Nov 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
25. Dec 15, 02 0.00 4,152,044.52 0.00 0.00 7.2540
26. Jan 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
27. Feb 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
28. Mar 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
29. Apr 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
30. May 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
31. Jun 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
32. Jul 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
33. Aug 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
34. Sep 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
35. Oct 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
36. Nov 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
37. Dec 15, 03 0.00 4,152,044.52 0.00 0.00 7.2540
38. Jan 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
39. Feb 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
40. Mar 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
41. Apr 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
42. May 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
43. Jun 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
44. Jul 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
45. Aug 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
46. Sep 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
47. Oct 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
48. Nov 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
49. Dec 15, 04 0.00 4,152,044.52 0.00 0.00 7.2540
50. Jan 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
51. Feb 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
52. Mar 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
53. Apr 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
54. May 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
55. Jun 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
56. Jul 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
57. Aug 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
58. Sep 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
59. Oct 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
60. Nov 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
61. Dec 15, 05 0.00 4,152,044.52 0.00 0.00 7.2540
62. Jan 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
63. Feb 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
64. Mar 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
65. Apr 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
66. May 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
67. Jun 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
68. Jul 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
69. Aug 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
70. Sep 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
71. Oct 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
72. Nov 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
73. Dec 15, 06 0.00 4,152,044.52 0.00 0.00 7.2540
74. Jan 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
75. Feb 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
76. Mar 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
77. Apr 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
78. May 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
79. Jun 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
80. Jul 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
81. Aug 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
82. Sep 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
83. Oct 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
84. Nov 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
85. Dec 15, 07 0.00 4,152,044.52 0.00 0.00 7.2540
86. Jan 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
87. Feb 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
88. Mar 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
89. Apr 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
90. May 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
91. Jun 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
92. Jul 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
93. Aug 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
94. Sep 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
95. Oct 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
96. Nov 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
97. Dec 15, 08 0.00 4,152,044.52 0.00 0.00 7.2540
98. Jan 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
99. Feb 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
100. Mar 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
101. Apr 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
102. May 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
103. Jun 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
104. Jul 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
105. Aug 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
106. Sep 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
107. Oct 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
108. Nov 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
109. Dec 15, 09 0.00 4,152,044.52 0.00 0.00 7.2540
110. Jan 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
111. Feb 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
112. Mar 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
113. Apr 15, 10 0.00 4,152,044.52 0.00 0.00 7.2540
114. May 15, 10 0.00 4,043,225.26 0.00 0.00 7.2540
115. Jun 15, 10 0.00 3,075,468.97 0.00 0.00 7.2540
116. Jul 15, 10 0.00 2,610,992.58 0.00 0.00 7.2540
117. Aug 15, 10 0.00 1,646,193.56 0.00 0.00 7.2540
118. Sep 15, 10 0.00 317,241.56 0.00 0.00 7.2540
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
FU00C2_082100, CLASS AA
<S> <C> <C> <C> <C> <C>
CUSIP Face $55,713,000.00 Settle at Pricing
Coupon 7.388 Original Balance $55,713,000.00 Accrual begins 11/1/00
Delay 14 Current Balance $55,713,000.00 Factor Date N/A
Stated Maturity N/A Factor 1
Type JUN FIX CAP WAL 9.7944 yrs
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.86, 5YR=5.70, 10YR=5.76, 30YR=5.83
Prepay: At 0 CPR No prepays: Lockout and penalties: Include penalty
Default: At 0 CDR Loss Severity: 0% Servicer Advances: 100% of P & I Liquidation Lag: 12 mos(100%)
Ext., if balloon: None Pay Exten Princ:
Optional Redemption:
cmt_3mo=5.83 cmt_6mo=5.83 cmt_1yr=5.83 cmt_2yr=5.73 cmt_5yr=5.77 cmt_10yr=5.74 cmt_30yr=5.78
</TABLE>
<TABLE>
<CAPTION>
Period / Date Principal Interest Cash Flow Balance Prepay Penalty
<S> <C> <C> <C> <C> <C>
Total 55,713,000.00 40,474,751.66 96,187,751.66 0.00
0. Nov 29, 00 0.00 0.00 0.00 55,713,000.00 0.00
1. Dec 15, 00 0.00 343,006.37 343,006.37 55,713,000.00 0.00
2. Jan 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
3. Feb 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
4. Mar 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
5. Apr 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
6. May 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
7. Jun 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
8. Jul 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
9. Aug 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
10. Sep 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
11. Oct 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
12. Nov 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
13. Dec 15, 01 0.00 343,006.37 343,006.37 55,713,000.00 0.00
14. Jan 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
15. Feb 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
16. Mar 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
17. Apr 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
18. May 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
19. Jun 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
20. Jul 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
21. Aug 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
22. Sep 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
23. Oct 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
24. Nov 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
25. Dec 15, 02 0.00 343,006.37 343,006.37 55,713,000.00 0.00
26. Jan 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
27. Feb 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
28. Mar 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
29. Apr 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
30. May 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
31. Jun 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
32. Jul 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
33. Aug 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
34. Sep 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
35. Oct 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
36. Nov 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
37. Dec 15, 03 0.00 343,006.37 343,006.37 55,713,000.00 0.00
38. Jan 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
39. Feb 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
40. Mar 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
41. Apr 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
42. May 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
43. Jun 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
44. Jul 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
45. Aug 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
46. Sep 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
47. Oct 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
48. Nov 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
49. Dec 15, 04 0.00 343,006.37 343,006.37 55,713,000.00 0.00
50. Jan 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
51. Feb 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
52. Mar 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
53. Apr 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
54. May 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
55. Jun 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
56. Jul 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
57. Aug 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
58. Sep 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
59. Oct 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
60. Nov 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
61. Dec 15, 05 0.00 343,006.37 343,006.37 55,713,000.00 0.00
62. Jan 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
63. Feb 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
64. Mar 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
65. Apr 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
66. May 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
67. Jun 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
68. Jul 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
69. Aug 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
70. Sep 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
71. Oct 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
72. Nov 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
73. Dec 15, 06 0.00 343,006.37 343,006.37 55,713,000.00 0.00
74. Jan 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
75. Feb 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
76. Mar 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
77. Apr 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
78. May 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
79. Jun 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
80. Jul 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
81. Aug 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
82. Sep 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
83. Oct 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
84. Nov 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
85. Dec 15, 07 0.00 343,006.37 343,006.37 55,713,000.00 0.00
86. Jan 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
87. Feb 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
88. Mar 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
89. Apr 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
90. May 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
91. Jun 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
92. Jul 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
93. Aug 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
94. Sep 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
95. Oct 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
96. Nov 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
97. Dec 15, 08 0.00 343,006.37 343,006.37 55,713,000.00 0.00
98. Jan 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
99. Feb 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
100. Mar 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
101. Apr 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
102. May 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
103. Jun 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
104. Jul 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
105. Aug 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
106. Sep 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
107. Oct 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
108. Nov 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
109. Dec 15, 09 0.00 343,006.37 343,006.37 55,713,000.00 0.00
110. Jan 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
111. Feb 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
112. Mar 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
113. Apr 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
114. May 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
115. Jun 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
116. Jul 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
117. Aug 15, 10 0.00 343,006.37 343,006.37 55,713,000.00 0.00
118. Sep 15, 10 55,713,000.00 343,006.37 56,056,006.37 0.00 0.00
<CAPTION>
Period / Date Princ Writedown Accrued Interest Interest Shortfall Accum Interest Shortfall Coupon
<S> <C> <C> <C> <C> <C>
Total 0.00 40,474,751.66 0.00
0. Nov 29, 00 0.00 0.00 0.00 0.00 0.0000
1. Dec 15, 00 0.00 343,006.37 0.00 0.00 7.3880
2. Jan 15, 01 0.00 343,006.37 0.00 0.00 7.3880
3. Feb 15, 01 0.00 343,006.37 0.00 0.00 7.3880
4. Mar 15, 01 0.00 343,006.37 0.00 0.00 7.3880
5. Apr 15, 01 0.00 343,006.37 0.00 0.00 7.3880
6. May 15, 01 0.00 343,006.37 0.00 0.00 7.3880
7. Jun 15, 01 0.00 343,006.37 0.00 0.00 7.3880
8. Jul 15, 01 0.00 343,006.37 0.00 0.00 7.3880
9. Aug 15, 01 0.00 343,006.37 0.00 0.00 7.3880
10. Sep 15, 01 0.00 343,006.37 0.00 0.00 7.3880
11. Oct 15, 01 0.00 343,006.37 0.00 0.00 7.3880
12. Nov 15, 01 0.00 343,006.37 0.00 0.00 7.3880
13. Dec 15, 01 0.00 343,006.37 0.00 0.00 7.3880
14. Jan 15, 02 0.00 343,006.37 0.00 0.00 7.3880
15. Feb 15, 02 0.00 343,006.37 0.00 0.00 7.3880
16. Mar 15, 02 0.00 343,006.37 0.00 0.00 7.3880
17. Apr 15, 02 0.00 343,006.37 0.00 0.00 7.3880
18. May 15, 02 0.00 343,006.37 0.00 0.00 7.3880
19. Jun 15, 02 0.00 343,006.37 0.00 0.00 7.3880
20. Jul 15, 02 0.00 343,006.37 0.00 0.00 7.3880
21. Aug 15, 02 0.00 343,006.37 0.00 0.00 7.3880
22. Sep 15, 02 0.00 343,006.37 0.00 0.00 7.3880
23. Oct 15, 02 0.00 343,006.37 0.00 0.00 7.3880
24. Nov 15, 02 0.00 343,006.37 0.00 0.00 7.3880
25. Dec 15, 02 0.00 343,006.37 0.00 0.00 7.3880
26. Jan 15, 03 0.00 343,006.37 0.00 0.00 7.3880
27. Feb 15, 03 0.00 343,006.37 0.00 0.00 7.3880
28. Mar 15, 03 0.00 343,006.37 0.00 0.00 7.3880
29. Apr 15, 03 0.00 343,006.37 0.00 0.00 7.3880
30. May 15, 03 0.00 343,006.37 0.00 0.00 7.3880
31. Jun 15, 03 0.00 343,006.37 0.00 0.00 7.3880
32. Jul 15, 03 0.00 343,006.37 0.00 0.00 7.3880
33. Aug 15, 03 0.00 343,006.37 0.00 0.00 7.3880
34. Sep 15, 03 0.00 343,006.37 0.00 0.00 7.3880
35. Oct 15, 03 0.00 343,006.37 0.00 0.00 7.3880
36. Nov 15, 03 0.00 343,006.37 0.00 0.00 7.3880
37. Dec 15, 03 0.00 343,006.37 0.00 0.00 7.3880
38. Jan 15, 04 0.00 343,006.37 0.00 0.00 7.3880
39. Feb 15, 04 0.00 343,006.37 0.00 0.00 7.3880
40. Mar 15, 04 0.00 343,006.37 0.00 0.00 7.3880
41. Apr 15, 04 0.00 343,006.37 0.00 0.00 7.3880
42. May 15, 04 0.00 343,006.37 0.00 0.00 7.3880
43. Jun 15, 04 0.00 343,006.37 0.00 0.00 7.3880
44. Jul 15, 04 0.00 343,006.37 0.00 0.00 7.3880
45. Aug 15, 04 0.00 343,006.37 0.00 0.00 7.3880
46. Sep 15, 04 0.00 343,006.37 0.00 0.00 7.3880
47. Oct 15, 04 0.00 343,006.37 0.00 0.00 7.3880
48. Nov 15, 04 0.00 343,006.37 0.00 0.00 7.3880
49. Dec 15, 04 0.00 343,006.37 0.00 0.00 7.3880
50. Jan 15, 05 0.00 343,006.37 0.00 0.00 7.3880
51. Feb 15, 05 0.00 343,006.37 0.00 0.00 7.3880
52. Mar 15, 05 0.00 343,006.37 0.00 0.00 7.3880
53. Apr 15, 05 0.00 343,006.37 0.00 0.00 7.3880
54. May 15, 05 0.00 343,006.37 0.00 0.00 7.3880
55. Jun 15, 05 0.00 343,006.37 0.00 0.00 7.3880
56. Jul 15, 05 0.00 343,006.37 0.00 0.00 7.3880
57. Aug 15, 05 0.00 343,006.37 0.00 0.00 7.3880
58. Sep 15, 05 0.00 343,006.37 0.00 0.00 7.3880
59. Oct 15, 05 0.00 343,006.37 0.00 0.00 7.3880
60. Nov 15, 05 0.00 343,006.37 0.00 0.00 7.3880
61. Dec 15, 05 0.00 343,006.37 0.00 0.00 7.3880
62. Jan 15, 06 0.00 343,006.37 0.00 0.00 7.3880
63. Feb 15, 06 0.00 343,006.37 0.00 0.00 7.3880
64. Mar 15, 06 0.00 343,006.37 0.00 0.00 7.3880
65. Apr 15, 06 0.00 343,006.37 0.00 0.00 7.3880
66. May 15, 06 0.00 343,006.37 0.00 0.00 7.3880
67. Jun 15, 06 0.00 343,006.37 0.00 0.00 7.3880
68. Jul 15, 06 0.00 343,006.37 0.00 0.00 7.3880
69. Aug 15, 06 0.00 343,006.37 0.00 0.00 7.3880
70. Sep 15, 06 0.00 343,006.37 0.00 0.00 7.3880
71. Oct 15, 06 0.00 343,006.37 0.00 0.00 7.3880
72. Nov 15, 06 0.00 343,006.37 0.00 0.00 7.3880
73. Dec 15, 06 0.00 343,006.37 0.00 0.00 7.3880
74. Jan 15, 07 0.00 343,006.37 0.00 0.00 7.3880
75. Feb 15, 07 0.00 343,006.37 0.00 0.00 7.3880
76. Mar 15, 07 0.00 343,006.37 0.00 0.00 7.3880
77. Apr 15, 07 0.00 343,006.37 0.00 0.00 7.3880
78. May 15, 07 0.00 343,006.37 0.00 0.00 7.3880
79. Jun 15, 07 0.00 343,006.37 0.00 0.00 7.3880
80. Jul 15, 07 0.00 343,006.37 0.00 0.00 7.3880
81. Aug 15, 07 0.00 343,006.37 0.00 0.00 7.3880
82. Sep 15, 07 0.00 343,006.37 0.00 0.00 7.3880
83. Oct 15, 07 0.00 343,006.37 0.00 0.00 7.3880
84. Nov 15, 07 0.00 343,006.37 0.00 0.00 7.3880
85. Dec 15, 07 0.00 343,006.37 0.00 0.00 7.3880
86. Jan 15, 08 0.00 343,006.37 0.00 0.00 7.3880
87. Feb 15, 08 0.00 343,006.37 0.00 0.00 7.3880
88. Mar 15, 08 0.00 343,006.37 0.00 0.00 7.3880
89. Apr 15, 08 0.00 343,006.37 0.00 0.00 7.3880
90. May 15, 08 0.00 343,006.37 0.00 0.00 7.3880
91. Jun 15, 08 0.00 343,006.37 0.00 0.00 7.3880
92. Jul 15, 08 0.00 343,006.37 0.00 0.00 7.3880
93. Aug 15, 08 0.00 343,006.37 0.00 0.00 7.3880
94. Sep 15, 08 0.00 343,006.37 0.00 0.00 7.3880
95. Oct 15, 08 0.00 343,006.37 0.00 0.00 7.3880
96. Nov 15, 08 0.00 343,006.37 0.00 0.00 7.3880
97. Dec 15, 08 0.00 343,006.37 0.00 0.00 7.3880
98. Jan 15, 09 0.00 343,006.37 0.00 0.00 7.3880
99. Feb 15, 09 0.00 343,006.37 0.00 0.00 7.3880
100. Mar 15, 09 0.00 343,006.37 0.00 0.00 7.3880
101. Apr 15, 09 0.00 343,006.37 0.00 0.00 7.3880
102. May 15, 09 0.00 343,006.37 0.00 0.00 7.3880
103. Jun 15, 09 0.00 343,006.37 0.00 0.00 7.3880
104. Jul 15, 09 0.00 343,006.37 0.00 0.00 7.3880
105. Aug 15, 09 0.00 343,006.37 0.00 0.00 7.3880
106. Sep 15, 09 0.00 343,006.37 0.00 0.00 7.3880
107. Oct 15, 09 0.00 343,006.37 0.00 0.00 7.3880
108. Nov 15, 09 0.00 343,006.37 0.00 0.00 7.3880
109. Dec 15, 09 0.00 343,006.37 0.00 0.00 7.3880
110. Jan 15, 10 0.00 343,006.37 0.00 0.00 7.3880
111. Feb 15, 10 0.00 343,006.37 0.00 0.00 7.3880
112. Mar 15, 10 0.00 343,006.37 0.00 0.00 7.3880
113. Apr 15, 10 0.00 343,006.37 0.00 0.00 7.3880
114. May 15, 10 0.00 343,006.37 0.00 0.00 7.3880
115. Jun 15, 10 0.00 343,006.37 0.00 0.00 7.3880
116. Jul 15, 10 0.00 343,006.37 0.00 0.00 7.3880
117. Aug 15, 10 0.00 343,006.37 0.00 0.00 7.3880
118. Sep 15, 10 0.00 343,006.37 0.00 0.00 7.3880
</TABLE>
<PAGE>
UNDERWRITERS' STATEMENT
COMPUTATIONAL MATERIALS
FIRST UNION NATIONAL BANK-COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES
SERIES 2000-C2
The attached tables and statistical analysis (the "Computational Materials") are
privileged and confidential and are intended for use by the addressee only.
These Computational Materials are furnished to you solely by First Union
Securities, Inc. (the "Underwriter") and not by the issuer of the certificates
identified above (the "Offered Certificates") or any other party. The issuer of
the Offered Certificates has not prepared or taken part in the preparation of
these materials. None of the Underwriters, the issuer of the Offered
Certificates, or any other party makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary,
and will be superseded by the applicable prospectus supplement and by any other
information subsequently filed with the Securities and Exchange Commission. The
information herein may not be provided to any third party other than the
addressee's legal, tax, financial and/or accounting advisors for the purposes of
evaluating such information.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated herein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials reflect future
performance. These Computational Materials should not be construed as either a
prediction or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment and other assumptions and actual experience may dramatically
affect such yields or weighted average lives. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates assumed in the attached Computational Materials. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Computational Materials
due to difference between the actual underlying assets and the hypothetical
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
Offered Certificates has been filed with the Securities and Exchange Commission
and is effective, the final prospectus supplement relating to the Offered
Certificates has not been filed with the Securities and Exchange Commission.
This communication shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the Offered Certificates in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the Offered Certificates for definitive terms of the
Offered Certificates and the collateral.
Please be advised that mortgage-backed and/or asset-backed securities may not be
appropriate for all investors. Potential investors must be willing to assume,
among other things, market price volatility, prepayments, yield curve and
interest rate risks. Investors should fully consider the risk of an investment
in these Offered Certificates.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS IO--PRICE/YIELD
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $1,142,819,332 Settle at Pricing
Coupon 1.1238 Original Balance $1,142,819,332 Accrual begins 11/1/00
Delay 14 Current Balance $1,142,819,332 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type SEN WAC IO -------------------------------------
--------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR 10 CPR 15 CPR 25 CPR 50 CPR 100 CPR
Yield
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
7-02+ 10.47341 10.47225 10.47097 10.46616 10.44341 10.12489
7-03 10.41542 10.41395 10.41254 10.40750 10.38430 10.06446
7-03+ 10.35763 10.35586 10.35432 10.34905 10.32539 10.00425
7-04 10.30004 10.29797 10.29630 10.29080 10.26669 9.94424
7-04+ 10.24265 10.24029 10.23848 10.23275 10.20819 9.88444
7-05 10.18545 10.18280 10.18086 10.17490 10.14989 9.82486
7-05+ 10.12845 10.12550 10.12344 10.11725 10.09180 9.76547
7-06 10.07165 10.06841 10.06622 10.05980 10.03390 9.70630
7-06+ 10.01504 10.01151 10.00919 10.00254 9.97620 9.64732
7-07 9.95863 9.95480 9.95236 9.94549 9.91870 9.58855
7-07+ 9.90240 9.89829 9.89572 9.88862 9.86140 9.52998
7-08 9.84637 9.84196 9.83927 9.83195 9.80429 9.47161
7-08+ 9.79053 9.78583 9.78301 9.77547 9.74738 9.41344
7-09 9.73487 9.72989 9.72694 9.71918 9.69065 9.35547
7-09+ 9.67941 9.67414 9.67106 9.66308 9.63412 9.29769
7-10 9.62413 9.61857 9.61537 9.60717 9.57778 9.24011
7-10+ 9.56903 9.56319 9.55987 9.55145 9.52163 9.18272
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Spread @ Center Price 425.57 425.12 424.85 424.12 421.37 388.20
WAL 9.06810 8.96820 8.92800 8.86240 8.75260 8.46530
Mod Durn 3.792 3.773 3.765 3.750 3.721 3.640
Mod Convexity 0.229 0.227 0.226 0.224 0.221 0.213
Principal Window Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Jul12
Maturity #mos 142 142 142 142 142 140
Accrued Interest 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.3 0.3 0.3 0.3 0.3 0.3
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
Optional Redemption Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N) Calls ASAP (N)
----------------------------------------------------------------------------------------------------------------------------------
CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
----------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS IO--PRICE/YIELD
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $1,142,819,332 Settle at Pricing
Coupon 1.1238 Original Balance $1,142,819,332 Accrual begins 11/1/00
Delay 14 Current Balance $1,142,819,332 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type SEN WAC IO ------------------------------------
---------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
PRICE 0 CPR AFTER YM 10 CPR AFTER YM 15 CPR AFTER YM 25 CPR AFTER YM 50 CPR AFTER YM 100 CPR AFTER YM
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
7-02+ 10.47341 10.45172 10.44123 10.42072 10.36943 9.97928
7-03 10.41542 10.39369 10.38319 10.36265 10.31129 9.92057
7-03+ 10.35763 10.33587 10.32535 10.30479 10.25335 9.86205
7-04 10.30004 10.27825 10.26772 10.24713 10.19562 9.80374
7-04+ 10.24265 10.22083 10.21028 10.18966 10.13808 9.74564
7-05 10.18545 10.16360 10.15304 10.13240 10.08074 9.68773
7-05+ 10.12845 10.10658 10.09600 10.07533 10.02360 9.63001
7-06 10.07165 10.04974 10.03916 10.01845 9.96666 9.57250
7-06+ 10.01504 9.99311 9.98251 9.96177 9.90991 9.51518
7-07 9.95863 9.93666 9.92605 9.90529 9.85335 9.45806
7-07+ 9.90240 9.88041 9.86978 9.84899 9.79699 9.40113
7-08 9.84637 9.82435 9.81370 9.79289 9.74081 9.34439
7-08+ 9.79053 9.76848 9.75782 9.73698 9.68483 9.28785
7-09 9.73487 9.71279 9.70212 9.68125 9.62903 9.23149
7-09+ 9.67941 9.65730 9.64661 9.62571 9.57343 9.17532
7-10 9.62413 9.60199 9.59129 9.57036 9.51801 9.11935
7-10+ 9.56903 9.54687 9.53615 9.51520 9.46277 9.06355
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Spread @ Center Price 425.57 423.37 422.30 420.22 415.01 375.33
WAL 9.06810 9.05730 9.05210 9.04180 9.01590 8.81600
Mod Durn 3.792 3.791 3.790 3.788 3.783 3.746
Mod Convexity 0.229 0.229 0.229 0.229 0.228 0.223
Principal Window Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Jul12
Maturity #mos 142 142 142 142 142 140
Accrued Interest 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%) 0.00 (0.00%)
Prepay At 0 CPR At 10 CPR At 15 CPR At 25 CPR At 50 CPR At 100 CPR
No prepays During any YM During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR At 0 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
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CMT_3MO 6.360 6.360 6.360 6.360 6.360 6.360
CMT_6MO 6.070 6.070 6.070 6.070 6.070 6.070
CMT_1YR 6.160 6.160 6.160 6.160 6.160 6.160
CMT_2YR 5.920 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750 5.750
CMT_30YR 5.780 5.780 5.780 5.780 5.780 5.780
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Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FU00C2_082100, CLASS IO--PRICE/YIELD
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CUSIP Face $1,142,819,332 Settle at Pricing
Coupon 1.1238 Original Balance $1,142,819,332 Accrual begins 11/1/00
Delay 14 Current Balance $1,142,819,332 Factor Date N/A
Stated Maturity N/A Factor 1 ----------------------------------
Type SEN WAC IO -------------------------------------
--------------------------------------
YIELD CURVE: Spread off interpolated node
3MO=6.36, 6mo=6.07, 1YR=6.16, 2YR=5.92, 5YR=5.80, 10YR=5.75, 30YR=5.78
<CAPTION>
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0CPR; ym; 100CPR; ym; 0CPR; ym; Ext0mo 0CPR; ym; Ext0mo 0CPR; ym; Ext0mo
Ext0mo 100% Ext0mo 100% 100% 0% rules; 100% 0% rules; 100% 0% rules;
0% rules; 0CDR,35% 0% rules; 0CDR,35% 0 for 24 1CDR,35% 0 for 24 2CDR,35% 0 for 24 3CDR,35%
PRICE adv100% lag 12 adv100% lag 12 adv100% lag 12 adv100% lag 12 adv100% lag 12
Yield
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
7-02+ 10.47341 9.97928 9.94838 9.42143 8.89601
7-03 10.41542 9.92057 9.89012 9.36290 8.83720
7-03+ 10.35763 9.86205 9.83207 9.30457 8.77859
7-04 10.30004 9.80374 9.77421 9.24644 8.72019
7-04+ 10.24265 9.74564 9.71655 9.18852 8.66199
7-05 10.18545 9.68773 9.65910 9.13079 8.60399
7-05+ 10.12845 9.63001 9.60184 9.07327 8.54620
7-06 10.07165 9.57250 9.54478 9.01594 8.48860
7-06+ 10.01504 9.51518 9.48791 8.95881 8.43120
7-07 9.95863 9.45806 9.43124 8.90187 8.37400
7-07+ 9.90240 9.40113 9.37476 8.84513 8.31699
7-08 9.84637 9.34439 9.31847 8.78858 8.26017
7-08+ 9.79053 9.28785 9.26238 8.73223 8.20355
7-09 9.73487 9.23149 9.20647 8.67606 8.14713
7-09+ 9.67941 9.17532 9.15075 8.62009 8.09089
7-10 9.62413 9.11935 9.09522 8.56430 8.03484
7-10+ 9.56903 9.06355 9.03988 8.50870 7.97898
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Spread @ Center Price 425.57 375.33 372.66 319.56 266.62
WAL 9.06810 8.81600 8.87110 8.68080 8.49700
Mod Durn 3.792 3.746 3.775 3.758 3.740
Mod Convexity 0.229 0.223 0.228 0.226 0.224
Principal Window Dec00 to Sep12 Dec00 to Jul12 Dec00 to Sep12 Dec00 to Sep12 Dec00 to Sep12
Maturity #mos 142 140 142 142 142
Accrued Interest 998,932.40 998,932.40 998,932.40 998,932.40 998,932.40
Total Collat Loss 0.00 (0.00%) 0.00 (0.00%) 24,121,779.37 (2.11%) 46,912,895.97 (4.11%) 68,435,843.81 (5.99%)
Prepay At 0 CPR At 100 CPR At 0 CPR At 0 CPR At 0 CPR
No prepays During any YM During any YM During any YM During any YM During any YM
Lockout and penalties Include penalty Include penalty Include penalty Include penalty Include penalty
Ext., if balloon None None None None None
Pay Exten Princ
Default At 0 CDR At 0 CDR At 0 for 24 1 CDR At 0 for 24 2 CDR At 0 for 24 3 CDR
Loss Severity 0.35 0.35 0.35 0.35 0.35
Servicer Advances 100% of P & I 100% of P & I 100% of P & I 100% of P & I 100% of P & I
Liquidation Lag 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%) 12 mos(100%)
------------------------------------------------------------------------------------------------------------------------------------
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Optional Redemption
CMT_3MO 5.830 5.830 5.830 5.830 5.830
CMT_6MO 5.830 5.830 5.830 5.830 5.830
CMT_1YR 5.830 5.830 5.830 5.830 5.830
CMT_2YR 5.920 5.920 5.920 5.920 5.920
CMT_5YR 5.800 5.800 5.800 5.800 5.800
CMT_10YR 5.750 5.750 5.750 5.750 5.750
------------------------------------------------------------------------------------------------------------------------------------
CMT_30YR 5.78 5.78 5.78 5.78 5.78
------------------------------------------------------------------------------------------------------------------------------------
Investors should read the Underwriters' Statement which accompanies these Computational Materials.
Prospective investors are advised to carefully read, and should rely solely on, the final prospectus and prospectus supplement
(collectively, the "Final Prospectus") relating to the certificates referred to herein (the "Offered Certificates") in making their
investment decision. These Computational Materials have been based upon the assumptions described above, which most likely will not
represent the actual experience of the Mortgage Pool in the future. No representation is made herein as to the actual rate or timing
of principal payments or prepayments on any of the underlying Mortgage Loans in the Mortgage Pool or the actual performance
characteristics of the Offered Certificates. Prior to making any investment decision, a prospective investor should receive and
fully review the Final Prospectus. NOTHING HEREIN SHOULD BE CONSIDERED AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY
OFFERED CERTIFICATES.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
