<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____
FORM 8-K/A
Amendment No. 1
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) June 18, 1996
-----------------
The Money Store Inc. (as Representative under a Pooling and Servicing
Agreement dated as of May 31, 1996 providing for the issuance of The
Money Store Asset Backed Certificates, Series 1996-B) and each of the
Originators listed on Schedule A attached hereto.
The Money Store Inc.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
New Jersey 33-98734 22-2293022
-------------------------------- ----------- -------------
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) ID Number)
2840 Morris Avenue, Union, New Jersey 07083
----------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number,
including area code: (908) 686-2000
--------------
N/A
-------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
------------
This Amendment No. 1 to Current Report on Form 8-K is being filed to
include in the EDGAR data base the Computational Material (as defined below)
included as exhibits to a Current Report on Form 8-K dated June 18, 1996 filed
by The Money Store Inc. under cover of Form SE pursuant to a continuing
hardship exemption. The Computational Material is being filed on behalf of
Lehman Brothers Inc., CS First Boston and Prudential Securities Incorporated
(the "Underwriters") in connection with the issuance of The Money Asset Backed
Certificates Series 1996-B. The term "Computational Materials" shall have the
meaning given in the No-Action Letter of May 20, 1994 issued by the Securities
and Exchange Commission (the "SEC") to Kidder, Peabody Acceptance Corporation I,
Kidder, Peabody & Co. Incorporated and Kidder Structured Asset Corporation, as
supplemented in the No-Action Letter of February 17, 1995 issued by the SEC to
the Public Securities Association.
-2-
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
-----------------------------------------
Information and Exhibits.
-------------------------
(c) Exhibits
--------
Exhibit No.
-----------
99.1 Computational Materials of Lehman Brothers Inc.
99.2 Computational Materials of CS First Boston.
99.3 Computational Materials of Prudential Securities
Incorporated.
-3-
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE MONEY STORE INC. AND THE
ORIGINATORS LISTED ON SCHEDULE A
By: /s/Morton Dear
-----------------------------------------
Name: Morton Dear
Title: Executive Vice President
Dated: June 21, 1996
<PAGE>
SCHEDULE A
LIST OF ORIGINATORS
The Money Store/Minnesota Inc.
The Money Store/D.C. Inc.
The Money Store/Kentucky Inc.
The Money Store Home Equity Corp.
TMS Mortgage Inc.
<PAGE>
EXHIBIT INDEX
Exhibit Description of Exhibit
- ------- ----------------------
99.1 Computational Materials of Lehman Brothers Inc.
99.2 Computational Materials of CS First Boston.
99.3 Computational Materials of Prudential Securities Incorporated.
<PAGE>
EXHIBIT 99.1
<PAGE>
LEHMAN BROTHERS
---------------
DERIVED INFORMATION
-------------------
$1,220,000,000 Certificates
THE MONEY STORE TRUST 1996-B
The Money Store, Inc. (Representative and Servicer)
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
<TABLE>
<CAPTION>
SECURITIES OFFERED:
FIXED RATE HEL - TO
MATURITY:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CLASS A-1 (1) $164,325,000 I Curve 99.995% 0.95/0.89 22 months 4/15/98 3/15/10 Aaa/AAA
CLASS A-2 (1) $ 82,533,000 I Curve 99.997% 0.56/0.53 12 months 6/15/97 1/15/05 Aaa/AAA
CLASS A-3 (1) $ 81,792,000 I Curve 99.997% 1.34/1.24 11 months 4/15/98 3/15/10 Aaa/AAA
CLASS A-4 (1) $ 89,963,000 I 2 Yr Tsy 99.987% 2.08/1.87 8 months 11/15/98 3/15/11 Aaa/AAA
CLASS A-5 (1) $153,724,000 I 3 Yr Tsy 99.996% 3.00/2.60 17 months 3/15/00 2/15/15 Aaa/AAA
CLASS A-6 (1) $ 62,127,000 I Curve 99.979% 4.08/3.40 10 months 12/15/00 5/15/17 Aaa/AAA
CLASS A-7 (1) $ 97,114,000 I 5 Yr Tsy 99.972% 5.20/4.14 20 months 7/15/02 8/15/20 Aaa/AAA
CLASS A-8 (1) $102,469,000 I Curve 99.964% 7.40/5.39 39 months 9/15/05 7/15/24 Aaa/AAA
CLASS A-9 (1) $ 65,953,000 I 10 Yr Tsy 99.984% 11.75/7.23 96 months 8/15/13 10/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
ARM - TO MATURITY:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-10 (1) $125,000,000 II 1 mo LIBOR 100.000% 3.83 233 months 11/15/15 10/15/27 Aaa/AAA
CLASS A-11 (1) $ 75,000,000 II 1 mo LIBOR 100.000% 3.83 233 months 11/15/15 10/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
HOME IMPROVEMENT - TO
MATURITY:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-12 (2) $ 18,955,000 III Curve 99.995% 0.58/0.55 12 months 6/15/97 2/15/02 Aaa/AAA
CLASS A-13 (2) $ 46,154,000 III 2 Yr Tsy 99.984% 2.26/2.00 39 months 8/15/00 4/15/10 Aaa/AAA
CLASS A-14 (2) $ 14,698,000 III 5 Yr Tsy 99.997% 5.20/4.16 28 months 11/15/02 5/15/12 Aaa/AAA
CLASS A-15 (2) $ 20,193,000 III 10 Yr Tsy 99.981% 9.77/6.42 135 months 1/15/14 10/15/22 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
MULTIFAMILY LOANS - TO
MATURITY:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-16 (3) $ 20,000,000 IV 10 Yr Tsy 99.952% 10.12/5.97 325 months 7/15/23 7/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Prepayments are 2.3% CPR in month one increasing by 2.3% CPR each month to
23% CPR by month 10, remaining at 23% CPR subsequent to month 10.
(2) Prepayments are 1.7% CPR in month one increasing by 1.7% CPR each month to
17% CPR by month 10, remaining at 17% CPR subsequent to month 10.
(3) Prepayments equal 0% CPR from months 1 through 48 and a constant 8% CPR
beginning on the 49th month.
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
<TABLE>
<CAPTION>
SECURITIES OFFERED:
FIXED RATE HEL - TO 10%
CALL:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CLASS A-8 (1) $102,469,000 I Curve 99.964% 7.39/5.38 35 months 5/15/05 7/15/24 Aaa/AAA
CLASS A-9 (1) $ 65,953,000 I 10 Yr Tsy 99.984% 8.88/6.09 1 month 5/15/05 10/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
ARM - TO 10% CALL:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-10 (1) $125,000,000 II 1 mo LIBOR 100.000% 3.54 107 months 5/15/05 10/15/27 Aaa/AAA
CLASS A-11 (1) $ 75,000,000 II 1 mo LIBOR 100.000% 3.54 107 months 5/15/05 10/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
HOME IMPROVEMENT - TO 10%
CALL:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-15 (2) $ 20,193,000 III 10 Yr Tsy 99.981% 8.23/5.80 31 months 5/15/05 10/15/22 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
MULTIFAMILY LOANS - TO 10%
CALL:
APPROX. ESTIMATED ESTIMATED EXPECTED STATED EXPECTED
APPROX. GROUP EXPECTED WAL/MDUR PRINCIPAL FINAL FINAL RATINGS
SECURITIES SIZE NO. BENCHMARK PRICE (YRS) PMT. MATURITY MATURITY MOODY'S/S&P
WINDOW
CLASS A-16 (3) $ 20,000,000 IV 10 Yr Tsy 99.952% 6.77/4.86 107 months 5/15/05 7/15/27 Aaa/AAA
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Prepayments are 2.3% CPR in month one increasing by 2.3% CPR each month to
23% CPR by month 10, remaining at 23% CPR subsequent to month 10.
(2) Prepayments are 1.7% CPR in month one increasing by 1.7% CPR each month to
17% CPR by month 10, remaining at 17% CPR subsequent to month 10.
(3) Prepayments equal 0% CPR from months 1 through 48 and a constant 8% CPR
beginning on the 49th month.
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP I LOANS
- -------------
TO MATURITY
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 11.5% 17.3% 23.0% 28.8% 34.5% 46.0%
Class A-1
Avg. Life (yrs) 7.06 1.58 1.17 0.95 0.81 0.72 0.60
Mod Duration (yrs) 5.12 1.43 1.08 0.89 0.76 0.68 0.57
Window (begin-end)(mths) 1 - 156 1 - 39 1 - 28 1 - 22 1 - 18 1 - 16 1 - 12
Expected Final Maturity 6/15/09 9/15/99 10/15/98 4/15/98 12/15/97 10/15/97 6/15/97
Yield @ 99.995% 6.80 6.67 6.61 6.56 6.51 6.47 6.39
Class A-2
Avg. Life (yrs) 3.71 0.81 0.65 0.56 0.50 0.45 0.39
Mod Duration (yrs) 3.05 0.76 0.62 0.53 0.48 0.43 0.37
Window (begin-end)(mths) 1 - 92 1 - 19 1 - 14 1 - 12 1 - 10 1 - 9 1 - 8
Expected Final Maturity 2/15/04 1/15/98 8/15/97 6/15/97 4/15/97 3/15/97 2/15/97
Yield @ 99.997% 6.56 6.31 6.23 6.17 6.11 6.06 5.96
Class A-3
Avg. Life (yrs) 10.43 2.35 1.69 1.34 1.13 0.99 0.81
Mod Duration (yrs) 7.19 2.09 1.54 1.24 1.05 0.93 0.76
Window (begin-end)(mths) 92 - 156 19 - 39 14 - 28 12 - 22 10 - 18 9 - 16 8 - 12
Expected Final Maturity 6/15/09 9/15/99 10/15/98 4/15/98 12/15/97 10/15/97 6/15/97
Yield @ 99.997% 6.89 6.80 6.76 6.72 6.68 6.64 6.58
Class A-4
Avg. Life (yrs) 14.07 3.80 2.68 2.08 1.70 1.45 1.13
Mod Duration (yrs) 8.67 3.23 2.37 1.87 1.55 1.33 1.05
Window (begin-end)(mths) 156 - 177 39 - 53 28 - 37 22 - 29 18 - 24 16 - 20 12 - 15
Expected Final Maturity 3/15/11 11/15/00 7/15/99 11/15/98 6/15/98 2/15/98 9/15/97
Yield @ 99.987% 7.05 7.00 6.97 6.94 6.92 6.89 6.84
Class A-5
Avg. Life (yrs) 15.32 5.56 3.91 3.00 2.42 2.02 1.52
Mod Duration (yrs) 8.97 4.42 3.29 2.60 2.15 1.82 1.39
Window (begin-end)(mths) 177 - 213 53 - 83 37 - 59 29 - 45 24 - 36 20 - 30 15 - 22
Expected Final Maturity 3/15/14 5/15/03 5/15/01 3/15/00 6/15/99 12/15/98 4/15/98
Yield @ 99.996% 7.28 7.25 7.23 7.20 7.18 7.16 7.11
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP I LOANS
- -------------
TO MATURITY
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 11.5% 17.3% 23.0% 28.8% 34.5% 46.0%
Class A-6
Avg. Life (yrs) 19.08 7.56 5.34 4.08 3.27 2.72 1.97
Mod Duration (yrs) 9.86 5.58 4.26 3.40 2.80 2.38 1.77
Window (begin-end)(mths) 213 - 244 83 - 99 59 - 71 45 - 54 36 - 43 30 - 36 22 - 26
Expected Final Maturity 10/15/16 9/15/04 5/15/02 12/15/00 1/15/00 6/15/99 8/15/98
Yield @ 99.979% 7.52 7.50 7.48 7.47 7.45 7.43 7.39
Class A-7
Avg. Life (yrs) 21.95 9.54 6.81 5.20 4.16 3.44 2.48
Mod Duration (yrs) 10.31 6.54 5.12 4.14 3.44 2.92 2.17
Window (begin-end)(mths) 244 - 284 99 - 133 71 - 95 54 - 73 43 - 58 36 - 48 26 - 35
Expected Final Maturity 2/15/20 7/15/07 5/15/04 7/15/02 4/15/01 6/15/00 5/15/99
Yield @ 99.972% 7.71 7.69 7.68 7.67 7.65 7.64 7.61
Class A-8
Avg. Life (yrs) 25.93 13.12 9.64 7.40 5.92 4.88 3.52
Mod Duration (yrs) 10.67 7.87 6.49 5.39 4.55 3.90 2.96
Window (begin-end)(mths) 284 - 335 133 - 180 95 - 144 73 - 111 58 - 89 48 - 73 35 - 53
Expected Final Maturity 5/15/24 6/15/11 6/15/08 9/15/05 11/15/03 7/15/02 11/15/00
Yield @ 99.964% 7.98 7.97 7.96 7.95 7.94 7.93 7.91
Class A-9
Avg. Life (yrs) 28.89 18.87 14.77 11.75 9.52 7.86 5.63
Mod Duration (yrs) 10.72 9.22 8.22 7.23 6.33 5.54 4.32
Window (begin-end)(mths) 335 - 358 180 - 319 144 - 258 111 - 206 89 - 174 73 - 145 53 - 104
Expected Final Maturity 4/15/26 1/15/23 12/15/17 8/15/13 12/15/10 7/15/08 2/15/05
Yield @ 99.984% 8.26 8.26 8.25 8.25 8.24 8.24 8.22
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP I LOANS
- -------------
TO 10% CLEANUP CALL
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 11.5 17.3% 23.0% 28.8% 34.5% 46.0%
Class A-8
Avg. Life (yrs) 25.92 13.11 9.62 7.39 5.92 4.88 3.52
Mod Duration (yrs) 10.67 7.87 6.48 5.38 4.55 3.89 2.96
Window (begin-end)(mths) 284 - 333 133 - 177 95 - 138 73 - 107 58 - 87 48 - 72 35 - 53
Expected Final Maturity 3/15/24 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
Yield @ 99.964% 7.98 7.97 7.96 7.95 7.94 7.93 7.91
Class A-9
Avg. Life (yrs) 27.72 14.72 11.47 8.88 7.22 5.97 4.38
Mod Duration (yrs) 10.60 8.26 7.18 6.09 5.25 4.55 3.55
Window (begin-end)(mths) 333 - 333 177 - 177 138 - 138 107 - 107 87 - 87 72 - 72 53 - 53
Expected Final Maturity 3/15/24 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
Yield @ 99.984% 8.27 8.26 8.25 8.25 8.24 8.23 8.22
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP II LOANS
- --------------
To Maturity
- ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 11.5% 17.3% 23.0% 28.8% 34.5% 46.0%
Class A-10
Avg. Life (yrs) 21.45 7.26 5.07 3.83 3.06 2.53 1.86
Window (begin-end) (mths) 1-359 1-342 1-294 1-233 1-186 1-152 1-107
Expected Final Maturity 5/15/26 12/15/24 12/15/20 11/15/15 12/15/11 2/15/09 5/15/05
Class A-11
Avg. Life (yrs) 21.45 7.26 5.07 3.83 3.06 2.53 1.86
Window (begin-end) (mths) 1-359 1-342 1-294 1-233 1-186 1-152 1-107
Expected Final Maturity 5/15/26 12/15/24 12/15/20 11/15/15 12/15/11 2/15/09 5/15/05
</TABLE>
<TABLE>
<CAPTION>
To 10% Cleanup Call
- --------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 11.5% 17.3% 23.0% 28.8% 34.5% 46.0%
Class A-10
- ----------
Avg. Life (yrs) 21.20 6.56 4.66 3.54 2.85 2.37 1.75
Window (begin-end)(mths) 1-333 1-177 1-138 1-107 1-87 1-72 1-53
Expected Final Maturity 3/15/24 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
Class A-11
- ----------
Avg. Life (yrs) 21.20 6.56 4.66 3.54 2.85 2.37 1.75
Window (begin-end)(mths) 1-333 1-177 1-138 1-107 1-87 1-72 1-53
Expected Final Maturity 3/15/24 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP III LOANS
- ---------------
To Maturity
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 8.5% 12.8% 17.0% 21.3% 25.5% 34.0%
Class A-12
Avg. Life (yrs) 1.36 0.73 0.65 0.58 0.52 0.48 0.42
Mod Duration (yrs) 1.23 0.69 0.61 0.55 0.50 0.46 0.40
Window (begin-end) (mths) 1 - 42 1 - 14 1 - 14 1 - 12 1 - 11 1 - 10 1 - 9
Expected Final Maturity 12/15/99 8/15/97 8/15/97 6/15/97 5/15/97 4/15/97 3/15/97
Yield @ 99.995% 6.48 6.32 6.27 6.22 6.18 6.13 6.05
Class A-13
Avg. Life (yrs) 8.27 3.68 2.80 2.26 1.90 1.65 1.33
Mod Duration (yrs) 5.98 3.09 2.42 2.00 1.71 1.50 1.22
Window (begin-end) (mths) 42 - 153 14 - 81 14 - 63 12 - 50 11 - 42 10 - 35 9 - 26
Expected Final Maturity 3/15/09 3/15/03 9/15/01 8/15/00 12/15/99 5/15/99 8/15/98
Yield @ 99.984% 6.96 6.92 6.90 6.87 6.85 6.83 6.79
Class A-14
Avg. Life (yrs) 13.93 8.19 6.44 5.20 4.31 3.65 2.73
Mod Duration (yrs) 8.39 5.91 4.93 4.16 3.55 3.08 2.38
Window (begin-end) (mths) 153 - 182 81 - 120 63 - 95 50 - 77 42 - 65 35 - 55 26 - 41
Expected Final Maturity 8/15/11 6/15/06 5/15/04 11/15/02 11/15/01 1/15/01 11/15/99
Yield @ 99.997% 7.50 7.49 7.48 7.47 7.46 7.44 7.42
Class A-15
Avg. Life (yrs) 17.57 13.63 11.54 9.77 8.33 7.17 5.46
Mod Duration (yrs) 9.11 7.94 7.16 6.42 5.75 5.16 4.19
Window (begin-end) (mths) 182 - 241 120 - 236 95 - 228 77 - 211 65 - 191 55 - 172 41 - 138
Expected Final Maturity 7/15/16 2/15/16 6/15/15 1/15/14 5/15/12 10/15/10 12/15/07
Yield @ 99.981% 8.06 8.06 8.05 8.05 8.04 8.04 8.02
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
PROJECTED PERFORMANCE
---------------------
UNDER VARYING PREPAYMENT ASSUMPTIONS
<TABLE>
<CAPTION>
GROUP III LOANS
- ---------------
To 10% Clean-up Call
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 8.5% 12.8% 17.0% 21.3% 25.5% 34.0%
Class A-15
Avg. Life (yrs) 17.57 12.98 10.34 8.23 6.78 5.66 4.20
Mod Duration (yrs) 9.11 7.76 6.76 5.80 5.04 4.39 3.44
Window (begin-end)(mths) 182 - 241 120 - 177 95 - 138 77 - 107 65 - 87 55 - 72 41 - 53
Expected Final Maturity 7/15/16 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
Yield @ 99.981% 8.06 8.06 8.05 8.05 8.04 8.03 8.02
</TABLE>
<TABLE>
<CAPTION>
GROUP IV LOANS
- --------------
To Maturity
<S> <C> <C> <C> <C> <C> <C> <C>
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 4.0% 6.0% 8.0% 10.0% 12.0% 16.0%
Class A-16
Avg. Life (yrs) 16.98 12.66 11.24 10.12 9.23 8.51 7.43
Mod Duration (yrs) 8.11 6.81 6.35 5.97 5.65 5.39 4.97
Window (begin-end)(mths) 1 - 328 1 - 327 1 - 326 1 - 325 1 - 323 1 - 319 1 - 305
Expected Final Maturity 10/15/23 9/15/23 8/15/23 7/15/23 5/15/23 1/15/23 11/15/21
Yield @ 99.952% 8.01 8.00 8.00 8.00 8.00 7.99 7.99
To 10% Cleanup Call
% of Prepayment Assumption 0.0% 50.0% 75.0% 100.0% 125.0% 150.0% 200.0%
Implied Seasoned CPR 0.0% 4.0% 6.0% 8.0% 10.0% 12.0% 16.0%
Class A-16
Avg. Life (yrs) 16.98 10.15 8.23 6.77 5.78 5.00 3.91
Mod Duration (yrs) 8.11 6.25 5.52 4.86 4.35 3.90 3.20
Window (begin-end)(mths) 1 - 328 1 - 177 1 - 138 1 - 107 1 - 87 1 - 72 1 - 53
Expected Final Maturity 10/15/23 3/15/11 12/15/07 5/15/05 9/15/03 6/15/02 11/15/00
Yield @ 99.952% 8.02 8.01 8.00 8.00 7.99 7.99 7.98
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
LEHMAN BROTHERS
<TABLE>
<CAPTION>
COLLATERAL SUMMARY
GROUP I INITIAL LOANS (FIXED RATE HELS)
---------------------------------------
<S> <C> <C>
TOTAL NUMBER OF LOANS 14,110
TOTAL OUTSTANDING LOAN BALANCE $756,028,231
BALLOON (% OF TOTAL) 15.2%
LEVEL PAY (% OF TOTAL) 84.8%
AVERAGE LOAN PRINCIPAL BALANCE $53,581 $3,149 - $497,744
WEIGHTED AVERAGE COUPON 10.80% 6.95% - 17.99%
WEIGHTED AVERAGE ORIGINAL TERM 266
(MTHS)
RANGE OF ORIGINAL TERMS Level Pay Balloon
--------- -------
1 - 120: 6.2% 169 - 180: 98.6%
121 - 180: 30.5%
181 - 300: 7.9%
301 - 360: 55.5%
WEIGHTED AVERAGE REMAINING TERM 265
(MTHS)
WEIGHTED AVERAGE CLTV 71.9% 4.3% - 100.0%
LIEN POSITION (FIRST/SECOND) 85.3% / 14.7%
PROPERTY TYPE
SINGLE FAMILY 91.6%
2-4 FAMILY 7.0%
CONDO / TOWNHOUSE 0.8%
OTHER 0.7%
OCCUPANCY STATUS
OWNER OCCUPIED 95.6%
INVESTMENT 4.4%
GEOGRAPHIC DISTRIBUTION CA: 10.1%
other states account NY: 9.0%
individually for less than
6% of Group I principal balance IL: 7.3%
PA: 6.4%
OH: 6.0%
ORIGINATION YEARS 1996: 91.6%
1995: 7.7%
before 1995: 0.6%
CREDIT CLASS A: 14.5%
B+: 41.2%
B: 28.2%
B-: 9.7%
C: 6.4%
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY, AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
COLLATERAL SUMMARY
GROUP II INITIAL LOANS (ARMS)
----------------------------
<TABLE>
<S> <C> <C>
TOTAL NUMBER OF LOANS 1,861
TOTAL OUTSTANDING LOAN BALANCE $ 155,066,225
BALLOON (% OF TOTAL) 0%
LEVEL PAY (% OF TOTAL) 100%
AVERAGE LOAN PRINCIPAL BALANCE $ 83,324 $13,995 - $449,741
WEIGHTED AVERAGE COUPON 9.13% 6.00% - 13.50%
WEIGHTED AVERAGE MARGIN 5.85% 2.00% - 10.13%
WEIGHTED AVERAGE ORIGINAL TERM (MTHS) 360 180 - 360
RANGE OF ORIGINAL TERMS (MTHS) 180 - 240: 0.2%
360: 99.8%
WEIGHTED AVERAGE REMAINING TERM (MTHS) 359 178 - 360
WEIGHTED AVERAGE LIFECAP 15.25% 10.25% - 30.50%
WEIGHTED AVERAGE PERIODIC CAPS 1 mo LIBOR ARM: 2.0% (per annum)
6 mo LIBOR ARM: 1.0% (per six months)
1 Yr LIBOR ARM: 2.0% (per annum)
1 Yr CMT ARM: 2.0% (per annum)
WEIGHTED AVERAGE FLOOR 8.78% 2.88% - 13.75%
WEIGHTED AVERAGE LTV 72.3% 12.7% - 100.0%
LIEN POSITION (FIRST/SECOND) 100% / 0%
PROPERTY TYPE
SINGLE FAMILY 93.8%
2-4 FAMILY 4.9%
TOWNHOUSE / CONDO 0.4%
OTHER 0.9%
OCCUPANCY STATUS
OWNER OCCUPIED 97.3%
INVESTMENT 2.7%
GEOGRAPHIC DISTRIBUTION IL: 9.6% WA: 6.6%
other states account individually for CA: 9.3% NY: 5.5%
less than OH: 7.8% NJ: 5.4%
5% of Group II principal balance MI: 7.2%
NEXT RATE ADJUSTMENT DATE: July 96: 7.4% November 96: 26.0%
August 96: 7.8% December 96: 25.6%
September 96: 13.5% January 97: 1.5%
October 96: 15.9% After Jan 97: 2.4%
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
COLLATERAL SUMMARY
GROUP II INITIAL LOANS (ARMS)
----------------------------
ORIGINATION YEARS 1996: 89.3%
1995: 10.1%
before 1995: 0.6%
INDEX 1 mo LIBOR: 15.8%
6 mo LIBOR: 72.1%
1 Yr LIBOR: 10.9%
1 Yr CMT: 1.2%
RESET FREQUENCY 1 month: 15.7% 12 months: 12.1%
6 months: 72.2%
CREDIT CLASS A: 7.2% B-: 19.4%
B+: 21.6% C: 16.0%
B: 35.9%
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL SUMMARY
<S> <C> <C>
GROUP III INITIAL LOANS (HOME IMPROVEMENT)
------------------------------------------
TOTAL NUMBER OF LOANS 5,043
TOTAL OUTSTANDING LOAN BALANCE $ 79,267,059
AVERAGE LOAN PRINCIPAL BALANCE $ 15,718 $1,570 - $53,782
WEIGHTED AVERAGE COUPON 12.54% 5.65% - 18.99%
WEIGHTED AVERAGE ORIGINAL TERM 199 24 - 300
(MTHS)
RANGE OF ORIGINAL TERMS 20 - 108: 5.5%
109 - 120: 12.8%
121 - 156: 0.7%
157 - 180: 29.4%
181 - 240: 48.3%
241 - 300: 3.2%
WEIGHTED AVERAGE REMAINING TERM 198 23 - 300
(MTHS)
LIEN POSITION (FIRST / SECOND / 0.8% / 99.0% / 0.2%
THIRD)
PROPERTY TYPE
SINGLE FAMILY 99.1%
OTHER 0.9%
OCCUPANCY STATUS
OWNER OCCUPIED 100.0%
INVESTMENT 0.0%
GEOGRAPHIC DISTRIBUTION
other states account individually CA: 30.3%
for less than TX: 8.3%
5% of Group III principal balance AZ: 6.2%
ORIGINATION YEARS 1996: 95.9%
1994: 3.1%
before 1994: 1.1%
CREDIT CLASS A: 39.7%
B+: 34.9%
B: 23.3%
B-: 1.5%
C: 0.6%
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL SUMMARY
<S> <C> <C>
GROUP IV SAMPLE LOANS (MULTI FAMILY)
-------------------------------------
TOTAL NUMBER OF LOANS 92
TOTAL OUTSTANDING LOAN BALANCE $ 16,550,200
AVERAGE LOAN PRINCIPAL BALANCE $ 179,893 $58,403 - $846,805
WEIGHTED AVERAGE COUPON 11.50% 9.99% - 14.95%
WEIGHTED AVERAGE ORIGINAL TERM (MTHS) 330 120 - 360
RANGE OF ORIGINAL TERMS 120: 0.5%
121 - 180: 15.8%
241 - 300: 0.9%
301 - 360: 82.9%
WEIGHTED AVERAGE REMAINING TERM 328 118 - 360
(MTHS)
WEIGHTED AVERAGE LTV 60.0%
LIEN POSITION (FIRST/SECOND) 100% / 0%
OCCUPANCY STATUS
OWNER OCCUPIED 17.4%
INVESTMENT 82.6%
GEOGRAPHIC DISTRIBUTION
other states account individually NY: 22.59%
for less than CA: 21.31%
5% of Group IV principal balance NJ: 11.88%
FL: 8.78%
TX: 6.55%
AZ: 5.61%
ORIGINATION YEARS 1996: 89.10%
1995: 10.90%
CREDIT CLASS A: 62.1%
B+: 30.1%
B: 4.0%
B-: 1.7%
C: 2.0%
</TABLE>
- --------------------------------------------------------------------------------
THIS INFORMATION DOES NOT CONSTITUTE EITHER AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY ANY OF THE SECURITIES REFERRED TO HEREIN. OFFERS TO SELL AND
SOLICITATIONS OF OFFERS TO BUY THE SECURITIES ARE MADE ONLY BY , AND THIS
INFORMATION MUST BE READ IN CONJUNCTION WITH, THE FINAL PROSPECTUS SUPPLEMENT
AND THE RELATED PROSPECTUS OR, IF NOT REGISTERED UNDER THE SECURITIES LAWS, THE
FINAL OFFERING MEMORANDUM (THE "OFFERING DOCUMENT"). INFORMATION CONTAINED
HEREIN DOES NOT PURPORT TO COMPLETE AND IS SUBJECT TO THE SAME QUALIFICATIONS
AND ASSUMPTIONS, AND SHOULD BE CONSIDERED BY INVESTORS ONLY IN THE LIGHT OF THE
SAME WARNINGS, LACK OF ASSURANCES AND REPRESENTATIONS AND OTHER PRECAUTIONARY
MATTERS, AS DISCLOSED IN THE OFFERING DOCUMENT. INFORMATION REGARDING THE
UNDERLYING ASSETS HAS BEEN PROVIDED BY THE ISSUER OF THE SECURITIES OR AN
AFFILIATE THEREOF AND HAS NOT BEEN INDEPENDENTLY VERIFIED BY LEHMAN BROTHERS
INC. OR ANY AFFILIATE. THE ANALYSES CONTAINED HEREIN HAVE BEEN PREPARED ON THE
BASIS OF CERTAIN ASSUMPTIONS (INCLUDING, IN CERTAIN CASES, ASSUMPTIONS SPECIFIED
BY THE RECIPIENT HEREOF) REGARDING PAYMENTS, INTEREST RATES, LOSSES AND OTHER
MATTERS, INCLUDING, BUT NOT LIMITED TO, THE ASSUMPTIONS DESCRIBED IN THE
OFFERING DOCUMENT. LEHMAN BROTHERS INC., AND ANY OF ITS AFFILIATES, MAKE NO
REPRESENTATION OR WARRANTY AS TO THE ACTUAL RATE OR TIMING OF PAYMENTS ON ANY OF
THE UNDERLYING ASSETS OR THE PAYMENTS OR YIELD ON THE SECURITIES. THIS
INFORMATION SUPERSEDES ANY PRIOR VERSIONS HEREOF AND WILL BE DEEMED TO BE
SUPERSEDED BY ANY SUBSEQUENT VERSIONS (INCLUDING, WITH RESPECT TO ANY
DESCRIPTION OF THE SECURITIES OR UNDERLYING ASSETS, THE INFORMATION CONTAINED IN
THE OFFERING DOCUMENT).
<PAGE>
EXHIBIT 99.2
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
TO MATURITY:
Class Original Coupon Avg. Life CBE Yield 1st Pay Last Pay Mod. Dur. Legal
Name Par (%) (yrs) (%) Price (mm/yy) (mm/yy) (yrs) Final (mm/yy)
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A1 164,325,000 6.7500 0.95 6.549 100-00 07/96 04/98 0.88 06/09
- ----------------------------------------------------------------------------------------------------------------------
A2 82,533,000 6.5500 0.56 6.162 100-00 07/96 06/97 0.53 02/04
- ----------------------------------------------------------------------------------------------------------------------
A3 81,792,000 6.8500 1.35 6.734 100-00 06/97 04/98 1.24 06/09
- ----------------------------------------------------------------------------------------------------------------------
A4 89,963,000 7.0000 2.08 6.958 100-00 04/98 11/98 1.87 03/11
- ----------------------------------------------------------------------------------------------------------------------
A5 153,724,000 7.2000 3.04 7.203 100-00 11/98 04/00 2.63 06/14
- ----------------------------------------------------------------------------------------------------------------------
A6 62,127,000 7.4500 4.13 7.482 100-00 04/00 01/01 3.43 11/16
- ----------------------------------------------------------------------------------------------------------------------
A7 97,114,000 7.6000 5.25 7.651 100-00 01/01 08/02 4.17 03/20
- ----------------------------------------------------------------------------------------------------------------------
A8 102,469,000 7.9000 7.44 7.974 100-00 08/02 09/05 5.41 05/24
- ----------------------------------------------------------------------------------------------------------------------
A9 65,953,000 8.1500 11.75 8.246 100-00 09/05 08/13 7.23 04/26
- ----------------------------------------------------------------------------------------------------------------------
A10 125,000,000 FLOAT <1> 3.84 5.973 100-00 07/96 11/15 3.09 05/26
- ----------------------------------------------------------------------------------------------------------------------
A11 75,000,000 FLOAT <2> 3.84 N/A 100-00 07/96 11/15 3.09 05/26
- ----------------------------------------------------------------------------------------------------------------------
A12 18,955,000 6.6000 0.56 6.213 100-00 07/96 6/97 0.54 12/99
- ----------------------------------------------------------------------------------------------------------------------
A13 46,154,000 6.9000 2.31 6.869 100-00 06/97 11/00 2.04 07/09
- ----------------------------------------------------------------------------------------------------------------------
A14 14,698,000 7.4000 5.40 7.448 100-00 11/00 02/03 4.29 10/11
- ----------------------------------------------------------------------------------------------------------------------
A15 20,193,000 8.0000 9.93 8.087 100-00 02/03 07/23 6.48 08/16
- ----------------------------------------------------------------------------------------------------------------------
A16 20,000,000 7.9000 10.14 7.980 100-00 06/97 07/23 6.02 10/23
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
TO CALL:
Class Original Coupon Avg. Life CBE Yield 1st Pay Last Pay Mod. Dur. Legal
Name Par (%) (yrs) (%) Price (mm/yy) (mm/yy) (yrs) Final (mm/yy)
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A8 102,469,000 7.9000 7.43 7.974 100-00 08/02 05/05 5.40 03/24
- ----------------------------------------------------------------------------------------------------------------------
A9 65,953,000 8.1500 8.88 8.238 100-00 09/05 05/05 6.09 03/24
- ----------------------------------------------------------------------------------------------------------------------
A10 125,000,000 FLOAT <1> 3.55 5.973 100-00 07/96 05/05 2.95 03/24
- ----------------------------------------------------------------------------------------------------------------------
A11 75,000,000 FLOAT <1> 3.55 N/A 100-00 07/96 05/05 2.95 03/24
- ----------------------------------------------------------------------------------------------------------------------
A16 20,000,000 7.90 6.85 7.969 100-00 06/97 05/05 4.93 10/23
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Fixed Rate Certificates (Class A1-A9) Prepayment Curve (PPC)= 2.3% CPR
(month 1) to 23% CPR (month 10) rising by 2.3% CPR each month. Priced at
100% of PPC.
(2) Adjustable Rate Certificates (Class A10 and and A11) Prepayment Curve (PPC)
= 2.3% CPR (month 1) to 23% CPR (month 10) rising by 2.3% CPR each month.
Priced at 100% of PPC.
(3) Home Improvement Certificates (Class A12-A15) Prepayment Curve (PPC) = 1.7%
(month 1) to 17% CPR (month 10) rising by 1.7% CPR each month. Priced at
100% of PPC.
(4) MultFamily (class A16) Prepayment Curve (PPC) = 0% CPR (months 1-48) to 8%
CPR (months 49-360).
(5) Coupon and price are assumed for computational materials.
(6) Floater assumed to be a pass-through for computational materials
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
1
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A1 164,325,000; Legal Final 06/09
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 6.79 6.66 6.60 6.55 6.50 6.46 6.38
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 7.05 1.57 1.17 0.95 0.81 0.72 0.60
- -----------------------------------------------------------------------------------------------
Duration (yrs) 5.11 1.42 1.08 0.88 0.76 0.68 0.57
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 06/09 09/99 10/98 04/98 12/97 10/97 06/97
- -----------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Class A2 82,533,000; Legal Final 02/04
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Bond Yield (%) 6.56 6.31 6.23 6.16 6.10 6.05 5.95
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 3.72 0.81 0.65 0.56 0.50 0.45 0.39
- -----------------------------------------------------------------------------------------------
Duration (yrs) 3.06 0.76 0.62 0.53 0.48 0.43 0.37
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 02/04 01/98 08/97 06/97 04/97 03/97 02/97
- -----------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Class A3 81,792,000; Legal Final 06/09
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Bond Yield (%) 6.91 6.82 6.78 6.73 6.70 6.66 6.60
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 10.44 2.35 1.69 1.35 1.13 0.99 0.81
- -----------------------------------------------------------------------------------------------
Duration (yrs) 7.18 2.09 1.54 1.24 1.05 0.93 0.76
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 02/04 01/98 08/97 06/97 04/97 03/97 02/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 06/09 09/99 10/98 04/98 12/97 10/97 06/97
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
2
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A4 89,963,000; Legal Final 03/11
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.07 7.02 6.99 6.96 6.93 6.90 6.84
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 14.07 3.81 2.69 2.08 1.70 1.45 1.13
- -----------------------------------------------------------------------------------------------
Duration (yrs) 8.66 3.23 2.37 1.87 1.55 1.33 1.05
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 06/09 09/99 10/98 04/98 12/97 10/97 06/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/11 11/00 08/99 11/98 06/98 02/98 09/97
- -----------------------------------------------------------------------------------------------
Class A5 153,724,000; Legal Final 06/14
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.28 7.25 7.22 7.20 7.18 7.16 7.11
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 15.41 5.63 3.97 3.04 2.44 2.02 1.52
- -----------------------------------------------------------------------------------------------
Duration (yrs) 9.00 4.46 3.33 2.63 2.16 1.82 1.39
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 03/11 11/00 08/99 11/98 06/98 02/98 09/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 06/14 06/03 06/01 04/00 07/99 12/98 04/98
- -----------------------------------------------------------------------------------------------
Class A6 62,127,000; Legal Final 11/16
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.54 7.52 7.50 7.48 7.46 7.45 7.40
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 19.23 7.65 5.41 4.13 3.31 2.74 1.97
- -----------------------------------------------------------------------------------------------
Duration (yrs) 9.88 5.62 4.29 3.43 2.83 2.39 1.77
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 06/14 06/03 06/01 04/00 07/99 12/98 04/98
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 11/16 10/04 05/02 01/01 02/00 06/99 08/98
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
3
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A7 97,114,000; Legal Final 03/20
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.69 7.68 7.66 7.65 7.64 7.62 7.59
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 22.05 9.62 6.87 5.25 4.20 3.47 2.47
- -----------------------------------------------------------------------------------------------
Duration (yrs) 10.33 6.58 5.15 4.17 3.46 2.94 2.17
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 11/16 10/04 05/02 01/01 02/00 06/99 08/98
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/20 08/07 06/04 08/02 05/01 07/00 05/99
- -----------------------------------------------------------------------------------------------
Class A8 102,469,000; Legal Final 05/24
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 8.00 7.99 7.98 7.97 7.96 7.95 7.93
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 25.99 13.18 9.69 7.44 5.95 4.91 3.54
- -----------------------------------------------------------------------------------------------
Duration (yrs) 10.65 7.88 6.50 5.41 4.56 3.91 2.97
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 03/20 08/07 06/04 08/02 05/01 07/00 05/99
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 05/24 06/11 06/08 09/05 11/03 07/02 11/00
- -----------------------------------------------------------------------------------------------
Class A8 102,469,000; Legal Final 05/24
(To The 10% Call)
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 8.00 7.99 7.98 7.97 7.96 7.95 7.93
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 25.98 13.17 9.67 7.43 5.95 4.91 3.54
- -----------------------------------------------------------------------------------------------
Duration (yrs) 10.65 7.88 6.50 5.40 4.56 3.91 2.97
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 03/20 08/07 06/04 08/02 05/01 07/00 05/99
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/24 03/11 01/08 05/05 09/03 06/02 11/00
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
4
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A9 65,953, 000; Legal Final 04/26
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 8.26 8.26 8.25 8.25 8.24 8.23 8.22
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 28.89 18.87 14.77 11.75 9.52 7.86 5.63
- -----------------------------------------------------------------------------------------------
Duration (yrs) 10.72 9.22 8.22 7.23 6.33 5.54 4.32
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 05/24 06/11 06/08 09/05 11/03 07/02 11/00
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 04/26 01/23 12/17 08/13 12/10 07/08 02/05
- -----------------------------------------------------------------------------------------------
Class A9 65,953, 000; Legal Final 04/26
(To The 10% Call)
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 8.26 8.25 8.25 8.24 8.23 8.22 8.20
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 27.72 14.72 11.55 8.88 7.22 5.97 4.38
- -----------------------------------------------------------------------------------------------
Duration (yrs) 10.61 8.26 7.21 6.09 5.25 4.55 3.55
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 05/24 06/11 06/08 09/05 11/03 07/02 11/00
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/24 03/11 01/08 05/05 09/03 06/02 11/00
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
5
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A10 125,,000, 000; Legal Final 05/26
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 5.97 5.97 5.97 5.97 5.97 5.97 5.97
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 21.40 7.28 5.08 3.84 3.07 2.54 1.86
- -----------------------------------------------------------------------------------------------
Duration (yrs) 11.24 5.08 3.87 3.09 2.56 2.18 1.65
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 05/26 12/24 12/20 11/15 12/11 02/09 05/05
- -----------------------------------------------------------------------------------------------
Class A10 125,000,000; Legal Final 05/26
(To The 10% Call)
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 5.97 5.97 5.97 5.97 5.97 5.97 5.97
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 21.15 6.57 4.68 3.55 2.86 2.37 1.76
- -----------------------------------------------------------------------------------------------
Duration (yrs) 11.19 4.85 3.70 2.95 2.45 2.08 1.58
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/24 03/11 01/08 05/05 09/03 06/02 11/00
- -----------------------------------------------------------------------------------------------
Class A11 75,000,000; Legal Final 05/26
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 21.40 7.28 5.08 3.84 3.07 2.54 1.86
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 05/26 12/24 12/20 11/15 12/11 02/09 05/05
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
6
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A11 75,000,000, 000; Legal Final 05/26
(To The 10% Call)
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 21.15 6.57 4.68 3.55 2.86 2.37 1.76
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 03/24 03/11 01/08 05/05 09/03 06/02 11/00
- -----------------------------------------------------------------------------------------------
Class A12 18,955, 000; Legal Final 12/99
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 6.48 6.31 6.26 6.21 6.16 6.12 6.03
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 1.34 0.71 0.63 0.56 0.51 0.47 0.41
- -----------------------------------------------------------------------------------------------
Duration (yrs) 1.22 0.67 0.60 0.54 0.49 0.45 0.39
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/96 07/96 07/96 07/96 07/96 07/96 07/96
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 12/99 08/97 07/97 06/97 05/97 04/97 03/97
- -----------------------------------------------------------------------------------------------
Class A13 46,154, 000; Legal Final 07/09
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 6.96 6.91 6.89 6.87 6.85 6.82 6.78
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 8.38 3.77 2.86 2.31 1.93 1.66 1.32
- -----------------------------------------------------------------------------------------------
Duration (yrs) 6.03 3.14 2.47 2.04 1.74 1.51 1.22
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 12/99 08/97 07/97 06/97 05/97 04/97 03/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 07/09 07/03 12/01 11/00 02/00 07/99 08/98
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
7
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A14 14,698,000; Legal Final 10/11
<S> <C> <C> <C> <C> <C> <C> <C>
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.48 7.47 7.46 7.45 7.44 7.43 7.40
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 14.15 8.48 6.68 5.40 4.48 3.80 2.78
- -----------------------------------------------------------------------------------------------
Duration (yrs) 8.47 6.07 5.08 4.29 3.67 3.19 2.42
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 07/09 07/03 12/01 11/00 02/00 07/99 08/98
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 10/11 09/06 07/04 02/03 01/02 03/01 01/00
- -----------------------------------------------------------------------------------------------
Class A15 20,193, 000; Legal Final 08/16
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 8.10 8.10 8.09 8.09 8.08 8.08 8.06
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 17.69 13.81 11.71 9.93 8.47 7.29 5.57
- -----------------------------------------------------------------------------------------------
Duration (yrs) 9.11 7.98 7.22 6.48 5.81 5.22 4.25
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 10/11 09/06 07/04 02/03 01/02 03/01 01/00
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 08/16 04/16 01/16 07/23 05/23 01/23 11/21
- -----------------------------------------------------------------------------------------------
Class A16 20,000,000; Legal Final 10/23
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.99 7.99 7.98 7.98 7.98 7.97 7.97
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 16.96 12.66 11.24 10.14 9.27 8.56 7.51
- -----------------------------------------------------------------------------------------------
Duration (yrs) 8.13 6.85 6.39 6.02 5.71 5.45 5.04
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 06/97 06/97 06/97 06/97 06/97 06/97 07/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 10/23 09/23 08/23 07/23 05/23 01/23 11/21
- -----------------------------------------------------------------------------------------------
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
8
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
Class A16 20,000,000; Legal Final 10/23
<S> <C> <C> <C> <C> <C> <C> <C>
(To The 10% Call)
% of PPC 0% 50% 75% 100% 125% 150% 200%
- -----------------------------------------------------------------------------------------------
Bond Yield (%) 7.99 7.98 7.98 7.97 7.96 7.95 7.94
- -----------------------------------------------------------------------------------------------
Average Life (yrs) 16.96 10.23 8.35 6.85 5.86 5.07 3.95
- -----------------------------------------------------------------------------------------------
Duration (yrs) 8.13 6.31 5.60 4.93 4.41 3.96 3.24
- -----------------------------------------------------------------------------------------------
First Principal Pay (mm/yy) 06/97 06/97 06/97 06/97 06/97 06/97 07/97
- -----------------------------------------------------------------------------------------------
Last Principal Pay (mm/yy) 10/23 03/11 01/08 05/05 09/03 06/02 11/00
- -----------------------------------------------------------------------------------------------
</TABLE>
The Money Store 1996-B CS First Boston Computational Materials
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
9
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
<TABLE>
<CAPTION>
FIXED RATE COLLATERAL SUMMARY
<S> <C> <C> <C>
Total Number of Loans 14,110 Level Pay/Balloon 85%/15%
Total Outstanding Loan Balance $756,028,231 1st Lien/2nd Lien 85%/15%
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Avg Loan Balance $ 53,581.02 less than or equal to 24,999.99 7.62 3,433
Highest Balance $497,744.13 25,000 - 49,999.99 23.36 4,825
Lowest Balance $ 3,148.94 50,000 - 74,999.99 23.42 2,894
75,000 - 99,999.99 16.26 1,423
100,000 - 199,999.99 23.60 1,364
200,000 - 497,744.13 5.75 171
RANGE % TOTAL # LOANS
Wtg Avg Coupon 10.80% less than or equal to 8.99% 7.77 700
Highest Coupon 17.99% 9.00% - 9.99% 26.24 2,775
Lowest Coupon 6.95% 10.00% - 10.99% 29.55 3,738
11.00% - 11.99% 18.68 3,088
12.00% - 12.99% 11.19 2,292
13.00% - 17.99% 6.57 1,517
RANGE LEVEL PAY BALLOON
Wtd Avg Remaining Term 265.07 1 - 120 5.35% .20%
Highest Remaining Term 360 121 - 180 25.71% 14.99%
Lowest Remaining Term 0 181 - 240 4.21% .00%
241 - 360 49.54% .00%
Wtd Avg Seasoning 1.25
Highest Seasoning 77
Lowest Seasoning 0
RANGE % TOTAL # LOANS
Wtd Avg Orig CLTV 71.87% 0.01% - 55.00% 11.50 2,336
Highest CLTV 100.00% 55.01% - 65.00% 12.66 1,914
65.01% - 75.00% 25.04 3,357
75.01% - 85.00% 41.42 5,318
85.01% - 100.00% 9.38 1,185
Property Type Occupancy Status
Single Family 91.55% Primary Residence 95.26%
Two to Four Family 6.98% Other 4.74%
Other 1.47%
</TABLE>
Geographics CA 10%, NY 9%, IL 7%, WA 6%, PA 6%, OH 6%, NJ 6%
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
10
<PAGE>
THE MONEY STORE 1996-B CS FIRST BOSTON COMPUTATIONAL MATERIALS
<TABLE>
<CAPTION>
HOME IMPROVEMENT COLLATERAL SUMMARY
<S> <C> <C>
Total Number of Loans 5,043 Level Pay 100.00%
Total Outstanding Loan Balance $ 79,267,059 1st Lien .70%
2nd Lien 99.00%
3rd Lien .30%
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Avg Loan Balance $15,718.23 Less than or equal t0 24,999.99 71.58 4,293
Highest Balance $53,782.41 25,000 - 49,999.99 27.77 740
Lowest Balance $ 1,570.00 50,000 - 74,999.99 .64 10
75,000 - 99,999.99 .00 0
100,000 - 199,999.99 .00 0
200,000 - 53,782.41 .00 0
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Wtg Avg Coupon 12.54% Less than or equal to 8.99% .11 6
Highest Coupon 18.99% 9.00% - 9.99% 3.02 144
Lowest Coupon 5.65% 10.00% - 10.99% 12.24 486
11.00% - 11.99% 27.27 1,325
12.00% - 12.99% 35.69 1,971
13.00% - 18.99% 21.67 1,111
<CAPTION>
RANGE LEVEL PAY BALLOON
<S> <C> <C> <C> <C>
Wtd Avg Remaining Term 197.50 1 - 120 18.38% .00%
Highest Remaining Term 300 121 - 180 30.09% .00%
Lowest Remaining Term 23 181 - 240 48.30% .00%
241 - 360 3.22% .00%
</TABLE>
Wtd Avg Seasoning 1.41
Highest Seasoning 14
Lowest Seasoning 0
Property Type Occupancy Status
Single Family 99.08% Primary Residence 99.79%
Two to Four Family .36% Other .21%
Other .55%
Geographics CA 30%, TX 8%, AZ 6%, NV 5%, NJ 5%, GA 5%
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
11
<PAGE>
THE MONEY STORE 1996-B FIRST BOSTON COMPUTATIONAL MATERIALS
MULTI-FAMILY COLLATERAL SUMMARY
Total Number of Loans 107 Level Pay/Balloon 90%/10%
Total Outstanding Loan Balance $ 18,409,819 1st Lien 100%
<TABLE>
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Avg Loan Balance $172,054.38 Less than or equal to24,999.99 .00 0
Highest Balance $846,805.27 25,000 - 49,999.99 .00 0
Lowest Balance $ 51,136.55 50,000 - 74,999.99 3.13 9
75,000 - 99,999.99 10.35 22
100,000 - 199,999.99 35.66 47
200,000 - 846,805.27 50.85 29
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Wtg Avg Coupon 11.65% Less than or equal to 8.99% .00 0
Highest Coupon 14.99% 9.00% - 9.99% .73 1
Lowest Coupon 9.99% 10.00% - 10.99% 16.72 16
11.00% - 11.99% 58.44 55
12.00% - 12.99% 17.38 26
13.00% - 14.99% 6.73 9
</TABLE>
RANGE LEVEL PAY BALLOON
Wtd Avg Remaining Term 312.34 1 - 120 .43% .00%
Highest Remaining Term 360 121 - 180 14.16% 10.10%
Lowest Remaining Term 118 181 - 240 .00% .00%
241 - 360 75.31% .00%
Wtd Avg Seasoning 2.48
Highest Seasoning 16
Lowest Seasoning 0
RANGE % TOTAL # LOANS
Wtd Avg Orig CLTV 60.36% 0.01% - 55.00% 18.86 23
Highest CLTV 117.60% 55.01% - 65.00% 69.89 72
65.01% - 75.00% 9.80 10
75.01% - 85.00% .00 0
85.01% - 117.60% 1.45 2
Property Type Occupancy Status
Single Family 2.03% Primary Residence 19.31%
Two to Four Family 1.14% Investment 76.75%
Other 96.83% Other 3.94%
Geographics NY 29%, CA 19%, NJ 11%, FL 8%, TX 6%
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
12
<PAGE>
THE MONEY STORE 1996-B CS FIRST BOSTON COMPUTATIONAL MATERIALS
<TABLE>
<CAPTION>
FLOATING RATE COLLATERAL SUMMARY
<S> <C> <C>
Total Number of Loans 1,861 Level Pay 100%
Total Outstanding Loan Balance $155,066,225 1st Lien 100%
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Avg Loan Balance $ 83,324.14 Less than or equal to 24,999.99 .24 18
Highest Balance $449,741.09 25,000 - 49,999.99 10.75 425
Lowest Balance $ 13,995.25 50,000 - 74,999.99 22.62 564
75,000 - 99,999.99 21.37 381
100,000 - 199,999.99 34.41 409
200,000 - 449,741.09 10.61 64
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C> <C> <C> <C>
Wtg Avg Coupon 9.12% Less than or equal to 8.99% 53.20 946
Highest Coupon 13.50% 9.00% - 9.99% 30.51 605
Lowest Coupon 6.00% 10.00% - 10.99% 9.07 160
11.00% - 11.99% 4.99 102
12.00% - 12.99% 1.80 40
13.00% - 13.50% .43 8
</TABLE>
RANGE LEVEL PAY BALLOON
Wtd Avg Remaining Term 358.56 1 - 120 .00% .00%
Highest Remaining Term 360 121 - 180 .16% .00%
Lowest Remaining Term 178 181 - 240 .03% .00%
241 - 360 99.81% .00%
Wtd Avg Seasoning 1.12
Highest Seasoning 28
Lowest Seasoning 0
RANGE % TOTAL # LOANS
Wtd Avg Orig CLTV 72.33% 0.01% - 65.00% 22.69 527
Highest CLTV 100.00% 65.01% - 75.00% 31.31 560
75.01% - 80.00% 34.96 581
80.01% - 85.00% 7.67 135
85.01% - 100.00% 3.37 58
Property Type Occupancy Status
Single Family 93.82% Primary Residence 97.12%
Two to Four Family 4.92% Other 2.88%
Other 1.26%
Geographics IL 10%, CA 9%, OH 8%, WA 7%, MI 7%
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
13
<PAGE>
The Money Store 1996-B CS First Boston Computational Materials
FLOATING RATE COLLATERAL SUMMARY CONTINUED
<TABLE>
<CAPTION>
PERIODIC CAPS % TOTAL
<S> <C> <C> <C>
1 Month LIBOR 15.83% 1.000 70.58
6 Month LIBOR 72.06% 1.500 1.59
1 Year LIBOR 10.90% 2.000 27.74
1 Year TREASURY 1.21% 3.000 .09
</TABLE>
Wtg Avg Months to Next Rate Roll 5.42
<TABLE>
<CAPTION>
RANGE % TOTAL # LOANS
<S> <C>
Wtg Avg Margin 5.85% less than or equal to 3.99% .90 9
Highest Margin 10.13% 4.00% - 4.99% 5.39 78
Lowest Margin 2.00% 5.00% - 5.99% 63.98 1,188
6.00% - 6.99% 21.74 428
7.00% - 7.99% 6.48 122
8.00% - 10.13% 1.50 36
<CAPTION>
RANGE % TOTAL # LOANS
Wtg Avg Life Cap 15.25% less than or equal to 12.99% .86 14
Highest Life Cap 30.50% 13.00% - 13.99% 9.70 155
Lowest Life Cap 10.25% 14.00% - 14.99% 39.88 720
15.00% - 15.99% 31.82 649
16.00% - 16.99% 10.52 177
17.00% - 30.50% 7.22 146
</TABLE>
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no
circumstances shall the information presented constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of such
jurisdiction. The securities may not be sold nor may an offer to buy be
accepted prior to the delivery of a final prospectus relating to the securities.
The above preliminary description of the underlying assets has been provided by
the issuer and has not been independently verified by CS First Boston. All
information described above is preliminary, limited in nature and subject to
completion or amendment. CS First Boston makes no representations that the
above referenced security will actually perform as described in any scenario
presented.
[LOGO] CS FIRST BOSTON
14
<PAGE>
EXHIBIT 99.3
<PAGE>
Preliminary Information for TMS Trust 1996-B
<TABLE>
<CAPTION>
- The Money Store Inc.
Seller and Servicer
- TMS Trust 1996-B
<S> <C> <C> <C> <C>
[$164,325,000] Class A-1 Certificates [ %]
[$82,533,000 ] Class A-2 Certificates [ %]
[$81,792,000 ] Class A-3 Certificates [ %]
[$89,963,000 ] Class A-4 Certificates [ %]
[$153,724,000] Class A-5 Certificates [ %]
[$62,127,000 ] Class A-6 Certificates [ %]
[$97,114,000 ] Class A-7 Certificates [ %]
[$102,469,000] Class A-8 Certificates [ %]
[$65,953,000 ] Class A-9 Certificates [ %]
[$125,000,000] Class A-10 Certificates 1M LIBOR + [ %]
[$75,000,000] Class A-11 Certificates 1M LIBOR + [ %] [Auction-Rate]
[$18,955,000 ] Class A-12 Certificates [ %]
[$46,154,000 ] Class A-13 Certificates [ %]
[$14,698,000 ] Class A-14 Certificates [ %]
[$20,193,000 ] Class A-15 Certificates [ %]
[$20,000,000 ] Class A-16 Certificates [ %]
</TABLE>
The analysis in this report is accurate to the best of PSI's knowledge and is
based on information provided by the Seller or Lehman Brothers. PSI makes no
representations as to the accuracy of such information provided to it by the
Seller or Lehman Brothers. All assumptions and information in this report
reflect PSI's judgment as of this date and are subject to change. All analyses
are based on certain assumptions noted herein and different assumptions could
yield substantially different results. You are cautioned that there is no
universally accepted method for analyzing financial instruments. You should
review the assumptions; there may be differences between these assumptions and
your actual business practices. Further, PSI does not guarantee any results and
there is no guarantee as to the liquidity of the instruments involved in this
analysis. The decision to adopt any strategy remains your responsibility. PSI
(or any of its affiliates) or their officers, directors, analysts or employees
may have positions in securities, commodities or derivative instruments thereon
referred to here, and may, as principal or agent, buy or sell such securities,
commodities or derivative instruments. In addition, PSI may make a market in the
securities referred to herein. Neither the information nor the assumptions
reflected herein shall be construed to be, or constitute, an offer to sell or
buy or a solicitation of an offer to sell or buy any securities, commodities or
derivative instruments mentioned herein. No sale of any securities, commodities
or derivative instruments should be consumated without the purchaser first
having received a prospectus and, if required, prospectus supplement. Finally,
PSI has not addressed the legal, accounting and tax implications of the analysis
with respect to you, and PSI strongly urges you to seek advice from your
counsel, accountant and tax advisor.
<PAGE>
<TABLE>
<CAPTION>
TMS Trust 1996-B
<S> <C>
Title of Securities: TMS Trust 1996-B, Classes A-1 through A-16 (collectively, the "Certificates").
Description of
Transaction: This approximately [$1,220,000,000] MBIA-wrapped transaction is supported by four distinct collateral types.
The Class A-1 through A-9 Certificates are backed by fixed-rate home equity mortgage loans.
Certificate Classes A-10 and A-11 are floating-rate classes backed by adjustable-rate home equity
mortgage loans. The Class A-10 and Class A-11 Certificates are subject to an available funds cap and
feature an interest shortfall reimbursement, in which any interest shortfall due to movements in one-month
LIBOR will be carried forward, with accrued interest at the coupon rate, and paid from excess cash flow
from the adjustable-rate collateral in a later period. The Class A-11 Certificates are auction rate
certificates, the coupon for which will be determined monthly, subject to the available funds cap.
The Class A-12 through A-15 Certificates are backed by fixed-rate home improvement loans, approximately
[34]% of which are FHA Title I loans.
The Class A-16 Certificates are backed by multi-family mortgage loans.
Excess spread from each of the four collateral pools will be available to
credit-enhance the Certificates supported by the other pools through cross-collateralization. The MBIA
insurance policy does not cover payment of the interest shortfall reimbursement.
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATE CLASSES A-1 THROUGH A-9 (SUPPORTED BY FIXED-RATE HOME EQUITY MORTGAGE LOANS)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Settlement Date: June 27, 1996
Dated Date: June 1, 1996
Prepayment Assumption: [23% HEP]--
Actual
prepayments
may vary.
Class A-1 Class A-2 Class A-3 Class A-4 Class A-5
Approximate Size [$164,325,000 $82,533,000 $81,792,000 $89,963,000 $153,724,000]
Avg. Life to Maturity: (app.) [0.95 years 0.56 years 1.34 years 2.08 years 3.00 years]
Avg. Life to Call: (app.) [0.95 years 0.56 years 1.34 years 2.08 years 3.00 years]
Coupon _____% ____% ____% ____% _____%
Expected Maturity (to maturity) [04/15/98 06/15/97 04/15/98 11/15/98 03/15/00]
Expected Maturity (to call) [04/15/98 06/15/97 04/15/98 11/15/98 03/15/00]
Stated Maturity
Class A-6 Class A-7 Class A-8 Class A-9
Approximate Size [$62,127,000 $97,114,000 $102,469,000 $65,953,000]
Avg. Life to Maturity: (app.) [4.08 years 5.20 years 7.40 years 11.75 years]
Avg. Life to Call: (app.) [4.08 years 5.20 years 7.39 years 8.88 years]
Coupon ____% ____% ____% ____%
Expected Maturity (to maturity) [12/15/00 07/15/02 09/15/05 08/15/13]
Expected Maturity (to call) [12/15/00 07/15/02 05/15/05 05/15/05]
Stated Maturity
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
TMS Trust 1996-B
CERTIFICATE CLASSES A-10 AND A-11 (SUPPORTED BY ADJUSTABLE-RATE HOME EQUITY
MORTGAGE LOANS)
- -----------------------------------------------------------------------------
Settlement Date: June 27, 1996
Dated Date: June 27, 1996
Prepayment Assumption: [23% HEP]--Actual prepayments may vary.
Class A-10 Class A-11
Approximate Size: [$125,000,000 $75,000,000
Avg. Life to Maturity (app.) [3.83 years ___ years]
Avg. Life to Call (app.) [3.54 years ___ years]
Coupon*: 1M LIBOR + [ %]* 1M LIBOR + [ %]*
(Class A-10 and A-11 Certificates are subject
to an available funds cap)
(Class A-11 Certificates are also subject to
a maximum rate of %).
* The coupon for Class A-10 and Class A-11 will step up by twice its stated
margin if the clean up call is not exercised.
Auction Class A-11
Description: Certificate Class A-11 is an auction rate class that
pays a coupon to investors that is reset monthly through
a Dutch Auction. In a Dutch Auction, investors submit
orders in the auction through an eligible broker/dealer,
who submits its clients' orders to an auction agent. The
auction agent processes all orders submitted and
determines the winning rate. The broker/dealers then are
notified by the auction agent of the winning rate, who
then in turn notify their clients of the new certificate
coupon. The winning rate is the lowest rate at which all
available certificates clear the market. This rate will
be in effect for the next [28 days], at which time
another Dutch Auction is conducted and the coupon rate
is reset.
Class A-10 Class A-11
Coupon Day Count: Actual/360 Actual/360
Life Cap:
Expected Maturity (to maturity): [11/15/15 ]
Expected Maturity (to call): [05/15/05 ]
Stated Maturity:
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
TMS Trust 1996-B
<TABLE>
<CAPTION>
CERTIFICATE CLASSES A-12, A-13, A-14 and A-15 (SUPPORTED BY FIXED-RATE FHA TITLE I AND CONVENTIONAL HOME IMPROVEMENT LOANS)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Settlement Date: June 27, 1996
Dated Date: June 1, 1996
Prepayment Assumption: [17% HEP]--Actual
prepayments may
vary.
Class A-12 Class A-13 Class A-14 Class A-15
Approximate Size: [$18,955,000 $46,154,000 $14,698,000 $20,193,000
Avg. Life to Maturity: (app.) [0.58 years 2.26 years 5.20 years 9.77 years]
Avg. Life to Call: (app.) [0.58 years 2.26 years 5.20 years 8.23 years]
Coupon:
Expected Maturity (to maturity): [06/15/97 08/15/00 11/15/02 01/15/14]
Expected Maturity (to call): [06/15/97 08/15/00 11/15/02 05/15/05]
Stated Maturity:
</TABLE>
<TABLE>
<CAPTION>
CERTIFICATE CLASSES A-16 (SUPPORTED BY MULTI-FAMILY MORTGAGE LOANS)
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C>
Settlement Date: June 27, 1996
Dated Date: June 1, 1996
Prepayment Assumption: [0% CPR months 1-48; 8% CPR beginning month 49]--Actual prepayments may vary.
Class A-16
Approximate Size: [$20,000,000]
Avg. Life to Maturity: (app.) [10.12 years]
Avg. Life to Call: (app.) [ 6.77 years]
Coupon: ____%
Expected Maturity (to maturity): [07/15/23]
Expected Maturity (to call): [05/15/05]
Stated Maturity:
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
TMS Trust 1996-B
<S> <C>
Cleanup Call: The Servicer may repurchase the collateral and, as a result, cause the Certificates to be called
(All Certificate at par plus accrued interest after the remaining balances of the loans are less than 10% of the
Classes) i) the aggregate principal balances of the initial Home Equity Loans, the Initial Home
Improvement Loans and the Initial Multi-Family Loans as of the cut-off date and ii) the original
Pre-Funded Amount. If the Class A-10 [and A-11] Certificates are not called at this point, the
coupon on these Certificates will step up by twice its respective margin.
Collateral Pool 1: Fixed-rate home equity mortgage loans secured by one-to-four family residences.
(Supports Certificate
Classes A-1 through A-9,
app. $900,000,000)
Collateral Pool 2: Adjustable-rate home equity mortgage loans secured by one-to-four family residences.
(Supports Certificate
Classes A-10 and A-11,
app. $200,000,000)
Collateral Pool 3: Fixed-rate home improvement loans, approximately [34]% of which were originated pursuant to the
(Supports Certificate FHA Title I Loan Program.
Class A-12 through A-15,
app. $100,000,000)
Collateral Pool 4: Fixed-rate multi-family mortgage loans, secured by five or more unit residential or
(Supports Certificate mixed-use residential and commercial properties.
Class A-16,
app. $20,000,000)
Cross-
Collateralization: Excess spread from each of the four collateral pools will be available to credit enhance all
Certificates supported by the other pools, pro-rata, based on their needs.
Form of Certificates: Book entry form, same day funds (through DTC, CEDEL or Euroclear).(All Certificate Classes,
except the Auction Rate Class A11, are expected to be listed on the Luxembourg Stock Exchange).
Servicer: The Money Store Inc.
Servicing Fee: 50 basis points per annum.
Trustee: Bank of New York (for fixed-rate home equity loans, adjustable-rate home equity loans, and multi-
family mortgage loans).
Co-Trustee: First Bank N.A. (for fixed-rate FHA Title I and conventional home improvement loans).
Payment Date: The 15th day of each month or, if such day is not a business day, the next succeeding
business day, beginning on [July 15, 1996].
Payment Delay: 14 days for Certificate Classes A-1 through A-9 and A-12 through A-16, and no delay for
Certificate Classes A-10 and A-11.
Interest Accrual
Period: Interest will accrue from the 1st day of the preceeding month until the 30th day of the
preceeding month for Certificate Classes A-1 through A-9, and A-12 through A-16 based on a 30/360 day
count. For Certificate Classes A-10 and A-11 interest will accrue from the 15th date of the
preceeding month until the 14th day of the current month based on an actual/360 day count.
The Class A-10 and A-11 Certificates will accrue interest from [June 27, 1996].
Certificate Ratings: The Certificates will be rated AAA/Aaa by Standard & Poor's and Moody's, respectively. These ratings
will not address the interest shortfall reimbursement.
Certificate Insurer: Municipal Bond Investors Assurance Corporation ("MBIA"). MBIA's claims-paying ability is
rated AAA/Aaa by Standard and Poor's and Moody's.
Certificate Insurance: Timely interest and eventual principal payments on the Certificates will be 100% guaranteed
by MBIA. The insurance policy does not include the interest shortfall reimbursement.
Prefunding Account: Approximately [16%] of the fixed-rate home equity collateral supporting Certificate Classes
A-1 through A-9 will be prefunded. Approximately [22]% of the adjustable-rate home equity
collateral supporting Certificate Classes A-10 and A-11 will be prefunded. Approximately [21%]
of the fixed-rate Title I and conventional home improvement loan collateral supporting Certificate
Classes A-12 through A-15 will be prefunded. Approximately [8%] of the fixed-rate multi-family
loan collateral supporting Certificate Class A-16 will be prefunded.
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
TMS Trust 1996-B
<S> <C>
Overcollateralization: The subordination provisions of the Trust are intended to provide for limited acceleration of
the Certificates relative to the amortization of the related collateral, generally in the early
months of the transaction. The accelerated amortization is achieved by applying certain excess
interest collected on the collateral to the payment of principal on the Certificates. This
acceleration feature is intended to create, with respect to each Collateral Pool, an amount
("Overcollateralization") resulting from, and equal to, the excess of the aggregate principal balances
of the Collateral Pool over the principal balance of the related Certificates. Once the required
Overcollateralization level is reached, the acceleration feature will cease, unless necessary to
maintain the required level of Overcollateralization.
CERTIFICATE CLASSES A-1 THROUGH A-9 (supported by fixed-rate home equity mortgage loans)
Excess spread will be used to build the Spread Amount to an initial target of [TBD]% of the
original principal balance. After 30 months, the Spread Amount requirement will be changed to
the lesser of [TBD]% of original principal balance or [TBD]% of current principal balance, subject
to a floor of [TBD]% of original principal balance.
CERTIFICATE CLASSES A-10 AND A-11 (supported by adjustable-rate home equity mortgage loans)
Excess spread will be used to build the Spread Amount to an initial target of [TBD]% of the
original principal balance. After 30 months, the Spread Amount requirement will be changed to
the lesser of [TBD]% of original principal balance or [TBD]% of current principal balance, subject
to a floor of [TBD]% of original principal balance.
CERTIFICATE CLASSES A-12 THROUGH A-15 (supported by fixed-rate FHA Title I and conventional home
improvement loans)
An initial deposit of [TBD]% of the original principal balance will be required. Excess spread will
be used to build the Spread Amount to an initial target of [TBD]% of the original principal
balance. After 30 months, the Spread Amount requirement will be changed to the lesser of [TBD]%
of the original principal balance or [TBD]% of current principal balance, subject to a floor of
[TBD]% of original principal balance.
CERTIFICATE CLASS A-16 (supported by fixed-rate multi-family mortgage loans)
An initial deposit of [TBD]% of the original principal balance will be required. Excess spread will
be used to build the Spread Amount to an initial target of [TBD]% of the original principal
balance. After 30 months, the Spread Amount requirement will be changed to the lesser of [TBD]%
of the original principal balance or [TBD]% of current principal balance, subject to a floor of
[TBD]% of original principal balance.
Cashflow Structure: Interest Payments are applied as follows:
CERTIFICATE CLASSES A-1 THROUGH A-9 (supported by fixed-rate home equity mortgage loans)
1) Ongoing Trust Fees;
2) Repayment of any unreimbursed Servicer advances with respect to defaulted loans;
3) Accrued monthly interest;
4) Paydown of Certificates to the required level of Overcollateralization;
5) Any excess cash flow reverts to the Seller.
CERTIFICATE CLASSES A-10 AND A-11 (supported by adjustable-rate home equity mortgage loans)
1) Ongoing Trust Fees;
2) Repayment of any unreimbursed Servicer advances with respect to defaulted loans;
3) Interest Carryover (if any);
4) Accrued monthly interest, subject to the available funds cap;
5) Paydown of Certificates to the required level of Overcollateralization;
6) Any excess cash flow reverts to the Seller.
CERTIFICATE CLASSES A-12 through A-15 (supported by fixed-rate FHA Title I and conventional home
improvement loans)
1) FHA Insurance Premium Amount (0.50%, for FHA Title I loans only);
2) Ongoing Trust Fees;
3) Repayment of any unreimbursed Servicer advances with respect to defaulted loans;
4) Accrued monthly interest;
5) Paydown of Certificates to the required level of Overcollateralization;
6) Any excess cash flow reverts to the Seller.
CERTIFICATE CLASS A-16 (supported by multi-family mortgage loans)
1) Ongoing Trust Fees;
2) Repayment of any unreimbursed Servicer advances with respect to defaulted loans;
3) Accrued monthly interest;
4) Paydown of Certificates to the required level of Overcollateralization;
5) Any excess cash flow reverts to the Seller.
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
TMS Trust 1996-B
<S> <C>
Cashflow Structure: Principal payments are applied as follows:
CERTIFICATE CLASSES A-1 THROUGH A-9 (supported by fixed-rate home equity mortgage loans)
1) 50% of the principal to Class A-1 and 50% to Class A-2 until Class A-2 is retired; thereafter,
50% of the principal to Class A-1 and 50% to Class A-3 until Class A-1 and Class A-3 are retired;
2) 100% to Class A-4 until Class A-4 is retired;
3) 100% to Class A-5 until Class A-5 is retired;
4) 100% to Class A-6 until Class A-6 is retired;
5) 100% to Class A-7 until Class A-7 is retired;
6) 100% to Class A-8 until Class A-8 is retired;
7) 100% to Class A-9 until Class A-9 is retired.
CERTIFICATE CLASSES A-10 AND A-11 (supported by adjsutable-rate home equity mortgage loans)
1) Pro rata to Class A-10 and Class A-11 until Class A-10 and Class A-11 are retired.
CERTIFICATE CLASSES A-12 THROUGH A-15 (supported by FHA Title I and conventional home
improvement loans)
1) 100% to Class A-12 until Class A-12 is retired;
2) 100% to Class A-13 until Class A-13 is retired;
3) 100% to Class A-14 until Class A-14 is retired;
4) 100% to Class A-15 until Class A-15 is retired.
CERTIFICATE CLASS A-16 (supported by multi-family mortgage loans)
1) 100% to Class A-16 until Class A-16 is retired.
Credit Enhancement: 1) 100% wrap from MBIA guarantees timely payment of interest and eventual principal (excluding interest
shortfall reimbursement).
2) Overcollateralization.
3) Cross-Collateralization.
4) Ongoing spread.
Pricing Date: June ___, 1996
Settlement Date: June 27, 1996
ERISA
Considerations: All of the Certificates will be ERISA eligible.
Taxation: REMIC.
Legal Investment: The Certificates will not be SMMEA eligible.
Prospectus: The Certificates are being offered pursuant to a Prospectus which includes a Prospectus
Supplement (together, the "Prospectus"). Complete information with respect to the Certificates
and the Collateral is contained in the Prospectus. The foregoing is qualified in its entirety
by the information appearing in the Prospectus. To the extent that the foregoing is inconsistent
with the Prospectus, the Prospectus shall govern in all respects. Sales of the Certificates
may not be consumated unless the purchaser has received the Prospectus.
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
TMS Trust 1996-B
[Available Funds information on Certificate A-10 and A-11 Floating Rate
Tranche(s):
The Class A-10 and A-11 Certificates are subject to an available funds cap;
Available Funds = (Group 2 Collateral Interest - Ongoing Trust Fees - MBIA
cushion)/(Bond Balance of Classes A-10 and A-11)]
Available
Funds
Date Cap
- ------------------------
62796
71596 7.893
81596 8.204
91596 8.557
101596 8.671
111596 8.835
121596 8.966
11597 9.520
21597 9.850
31597 9.960
41597 10.026
51597 10.121
61597 10.289
71597 10.262
81597 10.530
91597 10.539
101597 10.548
111597 10.583
121597 10.640
11598 10.805
21598 10.906
31598 10.916
41598 10.927
51598 10.938
61598 10.950
71598 10.961
81598 10.973
91598 10.985
101598 10.998
111598 11.011
121598 11.024
11599 11.037
21599 11.051
31599 11.065
41599 11.080
51599 11.095
61599 11.110
71599 11.126
81599 11.129
91599 11.129
101599 11.129
111599 11.129
121599 11.129
11500 11.129
21500 11.129
31500 11.129
41500 11.129
thereafter 11.129
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:56:29 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A1 CUR Accr 0.48750 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 6.690 6.714 6.704 6.695 6.686 6.677 6.668
99-28+ 6.673 6.699 6.688 6.678 6.668 6.658 6.648
99-29 6.655 6.684 6.672 6.661 6.649 6.639 6.628
99-29+ 6.637 6.669 6.656 6.644 6.631 6.620 6.608
99-30 6.620 6.655 6.640 6.626 6.613 6.600 6.588
99-30+ 6.602 6.640 6.624 6.609 6.595 6.581 6.568
99-31 6.585 6.625 6.608 6.592 6.577 6.562 6.548
99-31+ 6.567 6.610 6.592 6.575 6.559 6.543 6.528
100-00 6.550 6.595 6.576 6.558 6.541 6.524 6.508
100-00+ 6.532 6.580 6.560 6.541 6.523 6.505 6.488
100-01 6.514 6.565 6.544 6.524 6.505 6.486 6.468
100-01+ 6.497 6.551 6.528 6.507 6.487 6.467 6.448
100-02 6.479 6.536 6.512 6.490 6.469 6.448 6.428
100-02+ 6.462 6.521 6.497 6.473 6.451 6.429 6.408
100-03 6.444 6.506 6.481 6.456 6.433 6.410 6.388
Avg. Life 0.950 1.133 1.049 0.980 0.922 0.872 0.828
Mod. Dur. 0.885 1.047 0.974 0.912 0.860 0.816 0.776
1st Pmt. 0.050 0.050 0.050 0.050 0.050 0.050 0.050
Last Pmt. 1.800 2.217 2.050 1.883 1.717 1.633 1.550
Financial Strategies 06/18/96 07:57:07 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A2 CUR Accr 0.47306 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 6.396 6.424 6.412 6.401 6.390 6.380 6.370
99-28+ 6.366 6.398 6.385 6.373 6.360 6.349 6.337
99-29 6.337 6.372 6.358 6.344 6.330 6.318 6.305
99-29+ 6.308 6.346 6.331 6.316 6.301 6.287 6.273
99-30 6.279 6.320 6.303 6.287 6.271 6.256 6.240
99-30+ 6.249 6.295 6.276 6.258 6.241 6.225 6.208
99-31 6.220 6.269 6.249 6.230 6.211 6.194 6.176
99-31+ 6.191 6.243 6.221 6.201 6.181 6.162 6.143
100-00 6.162 6.217 6.194 6.173 6.151 6.131 6.111
100-00+ 6.132 6.191 6.167 6.144 6.121 6.100 6.079
100-01 6.103 6.165 6.140 6.116 6.091 6.069 6.046
100-01+ 6.074 6.139 6.113 6.087 6.062 6.038 6.014
100-02 6.045 6.114 6.085 6.059 6.032 6.007 5.982
100-02+ 6.016 6.088 6.058 6.030 6.002 5.976 5.949
100-03 5.987 6.062 6.031 6.002 5.972 5.945 5.917
Avg. Life 0.560 0.635 0.602 0.574 0.548 0.526 0.505
Mod. Dur. 0.532 0.601 0.571 0.545 0.521 0.500 0.481
1st Pmt. 0.050 0.050 0.050 0.050 0.050 0.050 0.050
Last Pmt. 0.967 1.133 1.050 0.967 0.883 0.883 0.800
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:57:19 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A3 CUR Accr 0.49328 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 6.815 6.834 6.826 6.818 6.811 6.804 6.797
99-28+ 6.802 6.823 6.815 6.806 6.798 6.790 6.782
99-29 6.789 6.813 6.803 6.794 6.785 6.776 6.768
99-29+ 6.777 6.803 6.792 6.782 6.772 6.762 6.753
99-30 6.764 6.792 6.781 6.770 6.759 6.749 6.739
99-30+ 6.752 6.782 6.769 6.758 6.746 6.735 6.724
99-31 6.739 6.771 6.758 6.745 6.733 6.721 6.710
99-31+ 6.727 6.761 6.747 6.733 6.720 6.708 6.695
100-00 6.714 6.750 6.736 6.721 6.707 6.694 6.681
100-00+ 6.702 6.740 6.724 6.709 6.694 6.680 6.666
100-01 6.689 6.730 6.713 6.697 6.682 6.666 6.652
100-01+ 6.677 6.719 6.702 6.685 6.669 6.653 6.637
100-02 6.664 6.709 6.690 6.673 6.656 6.639 6.623
100-02+ 6.652 6.698 6.679 6.661 6.643 6.625 6.609
100-03 6.639 6.688 6.668 6.648 6.630 6.611 6.594
Avg. Life 1.343 1.635 1.501 1.390 1.299 1.221 1.154
Mod. Dur. 1.241 1.494 1.379 1.282 1.202 1.133 1.074
1st Pmt. 0.967 1.133 1.050 0.967 0.883 0.883 0.800
Last Pmt. 1.800 2.217 2.050 1.883 1.717 1.633 1.550
Financial Strategies 06/18/96 07:57:34 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A4 CUR Accr 0.50411 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 7.004 7.018 7.013 7.007 7.001 6.996 6.990
99-28+ 6.996 7.011 7.005 6.999 6.993 6.986 6.980
99-29 6.987 7.005 6.998 6.991 6.984 6.977 6.970
99-29+ 6.979 6.998 6.990 6.983 6.975 6.968 6.961
99-30 6.971 6.991 6.983 6.975 6.967 6.959 6.951
99-30+ 6.962 6.984 6.976 6.967 6.958 6.950 6.941
99-31 6.954 6.977 6.968 6.959 6.950 6.940 6.931
99-31+ 6.946 6.971 6.961 6.951 6.941 6.931 6.922
100-00 6.938 6.964 6.953 6.943 6.932 6.922 6.912
100-00+ 6.929 6.957 6.946 6.935 6.924 6.913 6.902
100-01 6.921 6.950 6.939 6.927 6.915 6.904 6.892
100-01+ 6.913 6.943 6.931 6.919 6.907 6.894 6.882
100-02 6.904 6.937 6.924 6.911 6.898 6.885 6.873
100-02+ 6.896 6.930 6.916 6.903 6.889 6.876 6.863
100-03 6.888 6.923 6.909 6.895 6.881 6.867 6.853
Avg. Life 2.080 2.586 2.356 2.164 2.002 1.864 1.745
Mod. Dur. 1.872 2.287 2.101 1.942 1.807 1.690 1.589
1st Pmt. 1.800 2.217 2.050 1.883 1.717 1.633 1.550
Last Pmt. 2.383 2.967 2.717 2.467 2.300 2.133 1.967
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:57:43 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A5 CUR Accr 0.52000 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28+ 7.243 7.255 7.251 7.246 7.241 7.236 7.231
99-29 7.237 7.250 7.245 7.240 7.235 7.229 7.224
99-29+ 7.231 7.245 7.240 7.234 7.229 7.223 7.217
99-30 7.225 7.241 7.235 7.228 7.222 7.216 7.210
99-30+ 7.219 7.236 7.229 7.223 7.216 7.210 7.203
99-31 7.213 7.231 7.224 7.217 7.210 7.203 7.196
99-31+ 7.207 7.226 7.219 7.211 7.204 7.196 7.189
100-00 7.202 7.221 7.213 7.205 7.198 7.190 7.182
100-00+ 7.196 7.216 7.208 7.200 7.191 7.183 7.175
100-01 7.190 7.211 7.203 7.194 7.185 7.176 7.168
100-01+ 7.184 7.206 7.197 7.188 7.179 7.170 7.160
100-02 7.178 7.201 7.192 7.182 7.173 7.163 7.153
100-02+ 7.172 7.197 7.187 7.177 7.167 7.157 7.146
100-03 7.166 7.192 7.181 7.171 7.160 7.150 7.139
100-03+ 7.160 7.187 7.176 7.165 7.154 7.143 7.132
Avg. Life 3.000 3.765 3.418 3.128 2.882 2.670 2.487
Mod. Dur. 2.603 3.181 2.923 2.702 2.511 2.344 2.197
1st Pmt. 2.383 2.967 2.717 2.467 2.300 2.133 1.967
Last Pmt. 3.717 4.717 4.217 3.883 3.550 3.300 3.050
Financial Strategies 06/18/96 07:57:52 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A6 CUR Accr 0.53661 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 7.498 7.506 7.503 7.499 7.496 7.492 7.489
99-28+ 7.493 7.502 7.499 7.495 7.491 7.487 7.483
99-29 7.489 7.499 7.495 7.491 7.486 7.482 7.478
99-29+ 7.484 7.495 7.491 7.486 7.482 7.477 7.473
99-30 7.479 7.491 7.486 7.482 7.477 7.472 7.467
99-30+ 7.475 7.487 7.482 7.477 7.472 7.467 7.462
99-31 7.470 7.484 7.478 7.473 7.467 7.462 7.456
99-31+ 7.466 7.480 7.474 7.469 7.463 7.457 7.451
100-00 7.461 7.476 7.470 7.464 7.458 7.452 7.446
100-00+ 7.456 7.472 7.466 7.460 7.453 7.447 7.440
100-01 7.452 7.469 7.462 7.455 7.449 7.442 7.435
100-01+ 7.447 7.465 7.458 7.451 7.444 7.437 7.429
100-02 7.443 7.461 7.454 7.446 7.439 7.432 7.424
100-02+ 7.438 7.457 7.450 7.442 7.434 7.426 7.418
100-03 7.434 7.453 7.446 7.438 7.430 7.421 7.413
Avg. Life 4.080 5.142 4.662 4.258 3.915 3.619 3.362
Mod. Dur. 3.396 4.124 3.802 3.522 3.278 3.062 2.870
1st Pmt. 3.717 4.717 4.217 3.883 3.550 3.300 3.050
Last Pmt. 4.467 5.633 5.133 4.633 4.300 3.967 3.633
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:58:10 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A7 CUR Accr 0.54961 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 7.690 7.697 7.695 7.692 7.689 7.686 7.683
99-28+ 7.687 7.694 7.691 7.688 7.685 7.682 7.679
99-29 7.683 7.691 7.688 7.685 7.681 7.678 7.674
99-29+ 7.679 7.688 7.684 7.681 7.677 7.674 7.670
99-30 7.675 7.685 7.681 7.677 7.673 7.669 7.665
99-30+ 7.672 7.682 7.678 7.674 7.669 7.665 7.661
99-31 7.668 7.679 7.674 7.670 7.666 7.661 7.657
99-31+ 7.664 7.675 7.671 7.666 7.662 7.657 7.652
100-00 7.660 7.672 7.668 7.663 7.658 7.653 7.648
100-00+ 7.657 7.669 7.664 7.659 7.654 7.649 7.643
100-01 7.653 7.666 7.661 7.655 7.650 7.645 7.639
100-01+ 7.649 7.663 7.657 7.652 7.646 7.640 7.634
100-02 7.645 7.660 7.654 7.648 7.642 7.636 7.630
100-02+ 7.642 7.657 7.651 7.645 7.638 7.632 7.626
100-03 7.638 7.654 7.647 7.641 7.635 7.628 7.621
Avg. Life 5.200 6.551 5.943 5.429 4.988 4.607 4.276
Mod. Dur. 4.137 4.970 4.606 4.284 3.999 3.744 3.517
1st Pmt. 4.467 5.633 5.133 4.633 4.300 3.967 3.633
Last Pmt. 6.050 7.633 6.883 6.300 5.800 5.383 4.967
Financial Strategies 06/18/96 07:58:20 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A8 CUR Accr 0.56839 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 7.967 7.972 7.970 7.968 7.966 7.963 7.961
99-28+ 7.964 7.969 7.967 7.965 7.963 7.960 7.958
99-29 7.961 7.967 7.964 7.962 7.960 7.957 7.955
99-29+ 7.958 7.964 7.962 7.959 7.957 7.954 7.951
99-30 7.955 7.962 7.959 7.956 7.954 7.951 7.948
99-30+ 7.952 7.959 7.956 7.954 7.951 7.948 7.944
99-31 7.949 7.957 7.954 7.951 7.948 7.944 7.941
99-31+ 7.946 7.954 7.951 7.948 7.945 7.941 7.938
100-00 7.943 7.952 7.949 7.945 7.942 7.938 7.934
100-00+ 7.941 7.949 7.946 7.942 7.939 7.935 7.931
100-01 7.938 7.947 7.943 7.940 7.936 7.932 7.928
100-01+ 7.935 7.945 7.941 7.937 7.933 7.929 7.924
100-02 7.932 7.942 7.938 7.934 7.930 7.926 7.921
100-02+ 7.929 7.940 7.936 7.931 7.927 7.922 7.918
100-03 7.926 7.937 7.933 7.928 7.924 7.919 7.914
Avg. Life 7.400 9.283 8.440 7.721 7.101 6.561 6.086
Mod. Dur. 5.389 6.328 5.925 5.559 5.227 4.924 4.647
1st Pmt. 6.050 7.633 6.883 6.300 5.800 5.383 4.967
Last Pmt. 9.217 11.550 10.467 9.633 8.800 8.133 7.550
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:58:29 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A9 CUR Accr 0.58861 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-29 8.259 8.262 8.261 8.259 8.258 8.257 8.255
99-29+ 8.257 8.260 8.259 8.257 8.256 8.254 8.253
99-30 8.254 8.258 8.257 8.255 8.254 8.252 8.250
99-30+ 8.252 8.256 8.255 8.253 8.251 8.250 8.248
99-31 8.250 8.254 8.253 8.251 8.249 8.247 8.245
99-31+ 8.248 8.252 8.251 8.249 8.247 8.245 8.243
100-00 8.246 8.251 8.249 8.247 8.245 8.243 8.241
100-00+ 8.244 8.249 8.247 8.245 8.243 8.240 8.238
100-01 8.242 8.247 8.245 8.243 8.240 8.238 8.236
100-01+ 8.239 8.245 8.243 8.241 8.238 8.236 8.233
100-02 8.237 8.243 8.241 8.238 8.236 8.234 8.231
100-02+ 8.235 8.241 8.239 8.236 8.234 8.231 8.228
100-03 8.233 8.239 8.237 8.234 8.232 8.229 8.226
100-03+ 8.231 8.237 8.235 8.232 8.229 8.227 8.224
100-04 8.229 8.235 8.233 8.230 8.227 8.224 8.221
Avg. Life 11.751 14.328 13.217 12.214 11.313 10.507 9.781
Mod. Dur. 7.229 8.092 7.742 7.398 7.063 6.743 6.438
1st Pmt. 9.217 11.550 10.467 9.633 8.800 8.133 7.550
Last Pmt. 17.133 20.883 19.300 17.800 16.467 15.217 14.717
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:59:15 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / DMrg Act/360 Incorporated
Deal ID/CUSIP MON6B
Class A10 FLT LIBOR-1M+TBA Accr 0.00000 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
********** TO 10% CALL **************
FIXED HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
ARMS HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28+ 36.572 36.042 36.250 36.463 36.681 36.898 37.121
99-29 36.061 35.607 35.786 35.968 36.155 36.341 36.532
99-29+ 35.551 35.172 35.321 35.473 35.629 35.784 35.943
99-30 35.040 34.738 34.857 34.978 35.103 35.227 35.354
99-30+ 34.530 34.303 34.392 34.484 34.577 34.670 34.765
99-31 34.020 33.869 33.928 33.989 34.051 34.113 34.177
99-31+ 33.510 33.434 33.464 33.495 33.526 33.557 33.588
100-00 33.000 33.000 33.000 33.000 33.000 33.000 33.000
100-00+ 32.491 32.566 32.536 32.506 32.475 32.444 32.412
100-01 31.981 32.132 32.073 32.012 31.950 31.888 31.824
100-01+ 31.472 31.698 31.609 31.518 31.425 31.332 31.237
100-02 30.962 31.264 31.146 31.024 30.900 30.776 30.649
100-02+ 30.453 30.831 30.682 30.530 30.375 30.220 30.062
100-03 29.944 30.397 30.219 30.037 29.851 29.665 29.475
100-03+ 29.435 29.964 29.756 29.543 29.326 29.109 28.888
Avg. Life 3.542 4.255 3.944 3.668 3.422 3.208 3.013
Mod. Dur. 2.948 3.461 3.239 3.040 2.860 2.701 2.555
1st Pmt. 0.050 0.050 0.050 0.050 0.050 0.050 0.050
Last Pmt. 05/15/05 10/15/05 08/15/05 06/15/05 04/15/05 03/15/05 02/15/05
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 07:59:49 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A12 CUR Accr 0.47594 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 12.00 HEP 14.00 HEP 16.00 HEP 18.00 HEP 20.00 HEP 22.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 6.442 6.472 6.460 6.448 6.436 6.424 6.413
99-28+ 6.413 6.447 6.433 6.420 6.407 6.393 6.381
99-29 6.385 6.423 6.407 6.392 6.378 6.363 6.349
99-29+ 6.356 6.398 6.381 6.365 6.349 6.332 6.318
99-30 6.328 6.373 6.355 6.337 6.320 6.302 6.286
99-30+ 6.300 6.348 6.329 6.309 6.291 6.271 6.254
99-31 6.271 6.324 6.302 6.282 6.262 6.241 6.223
99-31+ 6.243 6.299 6.276 6.254 6.233 6.211 6.191
100-00 6.215 6.274 6.250 6.227 6.204 6.180 6.159
100-00+ 6.186 6.250 6.224 6.199 6.175 6.150 6.127
100-01 6.158 6.225 6.198 6.171 6.146 6.119 6.096
100-01+ 6.130 6.200 6.171 6.144 6.117 6.089 6.064
100-02 6.102 6.176 6.145 6.116 6.088 6.058 6.032
100-02+ 6.073 6.151 6.119 6.089 6.059 6.028 6.001
100-03 6.045 6.126 6.093 6.061 6.030 5.998 5.969
Avg. Life 0.579 0.666 0.627 0.594 0.565 0.538 0.516
Mod. Dur. 0.549 0.629 0.594 0.563 0.536 0.511 0.491
1st Pmt. 0.050 0.050 0.050 0.050 0.050 0.050 0.050
Last Pmt. 0.967 1.133 1.050 1.050 0.967 0.967 0.883
Financial Strategies 06/18/96 08:00:08 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A13 CUR Accr 0.49833 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 12.00 HEP 14.00 HEP 16.00 HEP 18.00 HEP 20.00 HEP 22.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28 6.928 6.943 6.937 6.931 6.925 6.920 6.914
99-28+ 6.921 6.937 6.930 6.924 6.917 6.911 6.905
99-29 6.913 6.931 6.923 6.916 6.909 6.902 6.895
99-29+ 6.905 6.925 6.917 6.909 6.901 6.893 6.886
99-30 6.897 6.918 6.910 6.901 6.893 6.885 6.877
99-30+ 6.889 6.912 6.903 6.894 6.885 6.876 6.867
99-31 6.882 6.906 6.896 6.886 6.877 6.867 6.858
99-31+ 6.874 6.900 6.889 6.879 6.869 6.859 6.849
100-00 6.866 6.894 6.883 6.872 6.861 6.850 6.839
100-00+ 6.858 6.887 6.876 6.864 6.853 6.841 6.830
100-01 6.851 6.881 6.869 6.857 6.844 6.832 6.821
100-01+ 6.843 6.875 6.862 6.849 6.836 6.824 6.811
100-02 6.835 6.869 6.855 6.842 6.828 6.815 6.802
100-02+ 6.827 6.863 6.849 6.834 6.820 6.806 6.793
100-03 6.819 6.857 6.842 6.827 6.812 6.798 6.783
Avg. Life 2.259 2.923 2.614 2.365 2.162 1.993 1.850
Mod. Dur. 2.001 2.520 2.282 2.086 1.923 1.785 1.667
1st Pmt. 0.967 1.133 1.050 1.050 0.967 0.967 0.883
Last Pmt. 4.133 5.383 4.883 4.383 3.967 3.633 3.300
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 08:00:17 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A14 CUR Accr 0.53589 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 12.00 HEP 14.00 HEP 16.00 HEP 18.00 HEP 20.00 HEP 22.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-29 7.489 7.497 7.494 7.491 7.487 7.483 7.479
99-29+ 7.485 7.494 7.491 7.487 7.483 7.479 7.475
99-30 7.481 7.491 7.487 7.483 7.479 7.475 7.470
99-30+ 7.478 7.488 7.484 7.480 7.475 7.471 7.466
99-31 7.474 7.485 7.481 7.476 7.471 7.466 7.461
99-31+ 7.470 7.482 7.477 7.473 7.468 7.462 7.457
100-00 7.466 7.479 7.474 7.469 7.464 7.458 7.452
100-00+ 7.463 7.476 7.471 7.465 7.460 7.454 7.448
100-01 7.459 7.473 7.468 7.462 7.456 7.450 7.443
100-01+ 7.455 7.470 7.464 7.458 7.452 7.446 7.439
100-02 7.451 7.467 7.461 7.455 7.448 7.441 7.434
100-02+ 7.448 7.464 7.458 7.451 7.444 7.437 7.430
100-03 7.444 7.461 7.454 7.447 7.440 7.433 7.426
100-03+ 7.440 7.458 7.451 7.444 7.436 7.429 7.421
100-04 7.436 7.455 7.448 7.440 7.433 7.425 7.417
Avg. Life 5.200 6.706 6.032 5.456 4.964 4.542 4.179
Mod. Dur. 4.155 5.089 4.684 4.321 4.000 3.715 3.462
1st Pmt. 4.133 5.383 4.883 4.383 3.967 3.633 3.300
Last Pmt. 6.383 8.133 7.383 6.717 6.133 5.633 5.217
Financial Strategies 06/18/96 08:00:53 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A15 CUR Accr 0.57489 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 12.00 HEP 14.00 HEP 16.00 HEP 18.00 HEP 20.00 HEP 22.00
MULTI CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00 CPR 8.00
----- --------- --------- --------- --------- --------- --------- ---------
99-28+ 8.062 8.066 8.064 8.063 8.061 8.059 8.058
99-29 8.060 8.064 8.062 8.060 8.059 8.057 8.055
99-29+ 8.057 8.061 8.060 8.058 8.056 8.054 8.052
99-30 8.055 8.059 8.058 8.056 8.054 8.052 8.049
99-30+ 8.052 8.057 8.055 8.053 8.051 8.049 8.047
99-31 8.050 8.055 8.053 8.051 8.049 8.046 8.044
99-31+ 8.047 8.053 8.051 8.049 8.046 8.044 8.041
100-00 8.045 8.051 8.049 8.046 8.044 8.041 8.038
100-00+ 8.043 8.049 8.046 8.044 8.041 8.039 8.036
100-01 8.040 8.047 8.044 8.042 8.039 8.036 8.033
100-01+ 8.038 8.044 8.042 8.039 8.036 8.033 8.030
100-02 8.035 8.042 8.040 8.037 8.034 8.031 8.027
100-02+ 8.033 8.040 8.037 8.035 8.031 8.028 8.025
100-03 8.031 8.038 8.035 8.032 8.029 8.025 8.022
100-03+ 8.028 8.036 8.033 8.030 8.026 8.023 8.019
Avg. Life 9.767 11.887 10.980 10.152 9.401 8.721 8.106
Mod. Dur. 6.421 7.300 6.938 6.590 6.256 5.940 5.640
1st Pmt. 6.383 8.133 7.383 6.717 6.133 5.633 5.217
Last Pmt. 17.550 19.133 18.633 17.883 17.133 16.300 15.550
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
Financial Strategies 06/18/96 08:01:08 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP MON6B
Class A16 CUR Accr 0.57128 1st Pmt 07/15/96
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (10.178/10.678) LIBOR-1M 5.46484
WAM (Orig) (24.686) Mat N/A Settle 06/27/96
CenterPrice
FIXED HEP 23.00 HEP 18.00 HEP 20.00 HEP 22.00 HEP 24.00 HEP 26.00 HEP 28.00
ARMS HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00 HEP 23.00
HOME IMP HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00 HEP 17.00
MULTI CPR 8.00 CPR 4.00 CPR 6.00 CPR 10.00 CPR 12.00 CPR 14.00 CPR 16.00
----- --------- --------- --------- --------- --------- --------- ---------
99-27+ 8.013 8.017 8.015 8.012 8.010 8.009 8.008
99-28 8.011 8.015 8.013 8.009 8.008 8.006 8.005
99-28+ 8.008 8.012 8.010 8.006 8.005 8.003 8.002
99-29 8.006 8.010 8.008 8.004 8.002 8.000 7.998
99-29+ 8.003 8.008 8.005 8.001 7.999 7.997 7.995
99-30 8.000 8.006 8.003 7.998 7.996 7.994 7.992
99-30+ 7.998 8.003 8.000 7.995 7.993 7.991 7.989
99-31 7.995 8.001 7.998 7.993 7.990 7.988 7.986
99-31+ 7.993 7.999 7.996 7.990 7.987 7.985 7.983
100-00 7.990 7.996 7.993 7.987 7.984 7.982 7.980
100-00+ 7.987 7.994 7.991 7.984 7.982 7.979 7.977
100-01 7.985 7.992 7.988 7.982 7.979 7.976 7.973
100-01+ 7.982 7.990 7.986 7.979 7.976 7.973 7.970
100-02 7.980 7.987 7.983 7.976 7.973 7.970 7.967
100-02+ 7.977 7.985 7.981 7.973 7.970 7.967 7.964
Avg. Life 10.122 12.668 11.240 9.229 8.506 7.913 7.421
Mod. Dur. 5.969 6.816 6.350 5.653 5.386 5.159 4.964
1st Pmt. 0.050 0.050 0.050 0.050 0.050 0.050 0.050
Last Pmt. 27.050 27.217 27.133 26.883 26.550 26.050 25.383
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
________________________________________________________________________________
- MONEY STORE HEL - MON6B
- Cut Off Date of Tape is 6/96
- FIXED RATE COLLATERAL
- $756,028,231.46
________________________________________________________________________________
Number of Mortgage Loans: 14,110
Product Type: First and Second Lien Loans
Aggregate Unpaid Principal Balance: $756,028,231.46
Aggregate Original Principal Balance: $758,066,060.31
Weighted Average Gross Coupon: 10.798%
Gross Coupon Range: 6.950% - 17.990%
________________________________________________________________________________
Average Unpaid Principal Balance: $53,581.02
Average Original Principal Balance: $53,725.45
Maximum Unpaid Principal Balance: $497,744.13
Minimum Unpaid Principal Balance: $3,148.94
Maximum Original Principal Balance: $500,000.00
Minimum Original Principal Balance: $4,290.00
Weighted Avg. Rem. Term (to Mat Date/Bln. Date): 264.221
Stated Rem Term Range: 9.000 - 360.000
Weighted Average Age (First Pay thru Last Pay): 2.103
Age Range: 0.000 - 78.000
Weighted Average Original Term(to Mat Date/Bln. Date): 266.324
Original Term Range: 12.000 - 360.000
Weighted Average Original LTV: 71.943
Original LTV Range: 4.340% - 100.000%
________________________________________________________________________________
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GROSS COUPON
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Coupon Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
6.75% less than Gross Coupon less than or equal to 7.00% 2 .02 6.962 293.34 6.75 67.60 $127,900
7.00% less than Gross Coupon less than or equal to 7.25% 1 .02 7.250 360.00 .00 68.32 $128,400
7,25% less than Gross Coupon less than or equal to 7.50% 3 .01 7.429 202.27 2.28 70.62 $63,805
7.50% less than Gross Coupon less than or equal to 7.75% 9 .09 7.732 221.33 3.26 67.43 $257,649
7.75% less than Gross Coupon less than or equal to 8.00% 25 .35 7.974 295.73 2.20 64.02 $236,400
8.00% less than Gross Coupon less than or equal to 8.25% 38 .46 8.216 311.82 2.24 72.94 $288,000
8.25% less than Gross Coupon less than or equal to 8.50% 93 1.21 8.482 296.51 2.13 72.28 $308,000
8.50% less than Gross Coupon less than or equal to 8.75% 178 1.86 8.725 271.46 2.22 70.75 $490,458
8.75% less than Gross Coupon less than or equal to 9.00% 463 5.02 8.974 297.25 1.98 72.30 $390,435
9.00% less than Gross Coupon less than or equal to 9.25% 308 3.26 9.236 295.37 2.07 72.51 $380,000
9.25% less than Gross Coupon less than or equal to 9.50% 535 4.97 9.486 271.99 2.08 71.86 $292,000
9.50% less than Gross Coupon less than or equal to 9.75% 775 7.01 9.728 288.47 1.77 72.48 $375,520
9.75% less than Gross Coupon less than or equal to 10.00% 1,299 11.82 9.967 281.14 1.85 72.59 $411,933
10.00% less than Gross Coupon less than or equal to 10.25% 768 6.32 10.218 280.41 1.71 73.08 $440,000
10.25% less than Gross Coupon less than or equal to 10.50% 751 5.95 10.475 272.03 2.04 73.14 $331,000
10.50% less than Gross Coupon less than or equal to 10.75% 911 7.01 10.700 268.54 1.91 72.44 $496,800
10.75% less than Gross Coupon less than or equal to 11.00% 1,282 9.77 10.962 269.02 2.24 74.17 $396,000
11.00% less than Gross Coupon less than or equal to 11.25% 536 3.28 11.212 240.00 2.01 72.20 $230,000
11.25% less than Gross Coupon less than or equal to 11.50% 972 5.64 11.460 241.00 2.09 71.51 $296,902
11.50% less than Gross Coupon less than or equal to 11.75% 678 4.08 11.688 253.54 1.83 72.22 $246,000
11.75% less than Gross Coupon less than or equal to 12.00% 881 5.14 11.952 239.14 2.42 71.53 $350,000
12.00% less than Gross Coupon less than or equal to 12.25% 508 2.21 12.204 219.68 2.74 73.45 $184,500
12.25% less than Gross Coupon less than or equal to 12.50% 707 3.72 12.461 231.89 2.73 70.52 $500,000
12.50% less than Gross Coupon less than or equal to 12.75% 465 2.29 12.683 247.25 2.01 69.67 $211,400
12.75% less than Gross Coupon less than or equal to 13.00% 486 2.33 12.951 228.92 3.06 69.17 $240,500
13.00% less than Gross Coupon less than or equal to 13.25% 177 .80 13.194 222.31 2.43 69.53 $256,827
13.25% less than Gross Coupon less than or equal to 13.50% 335 1.40 13.460 212.20 2.77 65.67 $352,628
13.50% less than Gross Coupon less than or equal to 13.75% 264 1.23 13.701 248.74 2.07 68.67 $210,900
13.75% less than Gross Coupon less than or equal to 14.00% 302 1.29 13.955 217.08 2.84 63.30 $200,000
14.00% less than Gross Coupon less than or equal to 14.25% 115 .50 14.207 219.46 2.03 67.77 $170,840
14.25% less than Gross Coupon less than or equal to 14.50% 107 .44 14.469 212.01 2.87 63.87 $145,000
14.50% less than Gross Coupon less than or equal to 14.75% 52 .18 14.710 212.43 2.54 67.23 $154,000
14.75% less than Gross Coupon less than or equal to 15.00% 59 .21 14.936 200.66 2.81 69.37 $64,168
15.00% less than Gross Coupon less than or equal to 15.25% 4 .03 15.087 174.59 2.03 65.38 $92,000
15.25% less than Gross Coupon less than or equal to 15.50% 11 .05 15.437 225.50 2.14 65.69 $100,000
15.50% less than Gross Coupon less than or equal to 15.75% 4 .02 15.690 157.36 1.73 70.23 $62,400
15.75% less than Gross Coupon less than or equal to 16.00% 4 .02 15.992 206.14 6.24 75.10 $41,500
16.75% less than Gross Coupon less than or equal to 17.00% 1 .00 16.990 170.00 10.00 96.91 $25,500
17.75% less than Gross Coupon less than or equal to 18.00% 1 .00 17.990 174.00 6.00 80.08 $12,268
_________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
=========================================================================================================================
<CAPTION>
GROSS COUPON
_____________________________________________________________________________
Total
Gross Current
Coupon Balance
<S> <C>
6.75% less than Gross Coupon less than or equal to 7.00% $170,165.75
7.00% less than Gross Coupon less than or equal to 7.25% $128,400.00
7,25% less than Gross Coupon less than or equal to 7.50% $98,101.88
7.50% less than Gross Coupon less than or equal to 7.75% $699,537.77
7.75% less than Gross Coupon less than or equal to 8.00% $2,627,855.99
8.00% less than Gross Coupon less than or equal to 8.25% $3,446,309.91
8.25% less than Gross Coupon less than or equal to 8.50% $9,157,600.99
8.50% less than Gross Coupon less than or equal to 8.75% $14,032,080.26
8.75% less than Gross Coupon less than or equal to 9.00% $37,947,148.80
9.00% less than Gross Coupon less than or equal to 9.25% $24,663,769.66
9.25% less than Gross Coupon less than or equal to 9.50% $37,555,211.47
9.50% less than Gross Coupon less than or equal to 9.75% $52,960,742.11
9.75% less than Gross Coupon less than or equal to 10.00% $89,375,684.52
10.00% less than Gross Coupon less than or equal to 10.25% $47,784,097.00
10.25% less than Gross Coupon less than or equal to 10.50% $45,001,476.99
10.50% less than Gross Coupon less than or equal to 10.75% $53,023,438.24
10.75% less than Gross Coupon less than or equal to 11.00% $73,850,432.43
11.00% less than Gross Coupon less than or equal to 11.25% $24,804,097.85
11.25% less than Gross Coupon less than or equal to 11.50% $42,618,925.00
11.50% less than Gross Coupon less than or equal to 11.75% $30,863,289.66
11.75% less than Gross Coupon less than or equal to 12.00% $38,850,502.09
12.00% less than Gross Coupon less than or equal to 12.25% $16,678,210.55
12.25% less than Gross Coupon less than or equal to 12.50% $28,143,486.10
12.50% less than Gross Coupon less than or equal to 12.75% $17,288,913.39
12.75% less than Gross Coupon less than or equal to 13.00% $17,629,915.43
13.00% less than Gross Coupon less than or equal to 13.25% $6,032,600.30
13.25% less than Gross Coupon less than or equal to 13.50% $10,570,772.52
13.50% less than Gross Coupon less than or equal to 13.75% $9,306,689.49
13.75% less than Gross Coupon less than or equal to 14.00% $9,763,363.67
14.00% less than Gross Coupon less than or equal to 14.25% $3,810,175.87
14.25% less than Gross Coupon less than or equal to 14.50% $3,333,467.19
14.50% less than Gross Coupon less than or equal to 14.75% $1,355,128.18
14.75% less than Gross Coupon less than or equal to 15.00% $1,555,301.59
15.00% less than Gross Coupon less than or equal to 15.25% $217,538.83
15.25% less than Gross Coupon less than or equal to 15.50% $399,868.82
15.50% less than Gross Coupon less than or equal to 15.75% $129,636.87
15.75% less than Gross Coupon less than or equal to 16.00% $116,704.61
16.75% less than Gross Coupon less than or equal to 17.00% $25,500.00
17.75% less than Gross Coupon less than or equal to 18.00% $12,089.68
_____________________________________________________________________________
Total..... $756,028,231.46
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Maturity Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
10 less than Original Maturity less than or equal to 20 1 .00 11.990 9.00 3.00 79.89 $15,800
20 less than Original Maturity less than or equal to 30 1 .00 12.250 29.00 1.00 79.84 $10,300
30 less than Original Maturity less than or equal to 40 3 .00 12.406 34.48 1.52 38.85 $12,000
40 less than Original Maturity less than or equal to 50 9 .01 11.820 46.28 1.11 67.43 $20,700
50 less than Original Maturity less than or equal to 60 342 .60 11.627 58.33 1.63 56.43 $48,000
70 less than Original Maturity less than or equal to 80 27 .06 11.432 70.83 1.69 58.52 $35,400
80 less than Original Maturity less than or equal to 90 143 .39 10.782 81.81 2.23 57.22 $490,458
90 less than Original Maturity less than or equal to 100 37 .08 11.512 94.37 1.58 57.90 $43,500
100 less than Original Maturity less than or equal to 110 5 .05 10.262 104.34 3.66 68.79 $128,000
110 less than Original Maturity less than or equal to 120 1,488 4.22 11.477 118.17 1.83 65.79 $190,000
120 less than Original Maturity less than or equal to 130 1 .00 8.000 120.00 3.00 50.00 $28,883
130 less than Original Maturity less than or equal to 140 3 .01 11.531 131.19 1.90 61.69 $28,600
140 less than Original Maturity less than or equal to 150 22 .08 11.230 142.27 1.73 61.28 $128,000
150 less than Original Maturity less than or equal to 160 1 .00 12.250 156.00 .00 89.76 $27,100
160 less than Original Maturity less than or equal to 170 4 .02 11.043 165.94 2.35 77.08 $57,737
170 less than Original Maturity less than or equal to 180 6,446 40.72 11.053 177.64 2.36 71.34 $440,000
180 less than Original Maturity less than or equal to 190 2 .01 9.033 179.21 2.90 87.38 $48,125
190 less than Original Maturity less than or equal to 200 1 .01 12.240 189.00 3.00 55.79 $48,544
200 less than Original Maturity less than or equal to 210 1 .01 10.450 203.00 1.00 47.00 $47,000
210 less than Original Maturity less than or equal to 220 4 .02 8.848 213.78 2.22 84.90 $61,074
230 less than Original Maturity less than or equal to 240 573 4.17 10.701 238.17 1.83 70.98 $232,000
290 less than Original Maturity less than or equal to 300 411 2.48 11.717 298.22 1.78 70.66 $230,000
350 less than Original Maturity less than or equal to 360 4,585 47.05 10.464 358.05 1.95 73.55 $500,000
_________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
=========================================================================================================================
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
________________________________________________________________________________________
Total
Original Current
Maturity Balance
<S> <C>
10 less than Original Maturity less than or equal to 20 $15,721.28
20 less than Original Maturity less than or equal to 30 $10,300.00
30 less than Original Maturity less than or equal to 40 $26,891.05
40 less than Original Maturity less than or equal to 50 $110,289.63
50 less than Original Maturity less than or equal to 60 $4,531,962.30
70 less than Original Maturity less than or equal to 80 $440,630.44
80 less than Original Maturity less than or equal to 90 $2,948,832.04
90 less than Original Maturity less than or equal to 100 $613,219.80
100 less than Original Maturity less than or equal to 110 $355,333.74
110 less than Original Maturity less than or equal to 120 $31,893,507.17
120 less than Original Maturity less than or equal to 130 $27,842.96
130 less than Original Maturity less than or equal to 140 $63,565.30
140 less than Original Maturity less than or equal to 150 $638,041.81
150 less than Original Maturity less than or equal to 160 $27,100.00
160 less than Original Maturity less than or equal to 170 $133,162.28
170 less than Original Maturity less than or equal to 180 $307,832,503.95
180 less than Original Maturity less than or equal to 190 $77,978.84
190 less than Original Maturity less than or equal to 200 $48,353.12
200 less than Original Maturity less than or equal to 210 $47,000.00
210 less than Original Maturity less than or equal to 220 $181,810.39
230 less than Original Maturity less than or equal to 240 $31,536,395.50
290 less than Original Maturity less than or equal to 300 $18,721,608.79
350 less than Original Maturity less than or equal to 360 $355,746,181.07
___________________________________________________________________________
Total..... $756,028,231.46
===========================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Remaining Term Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
1 less than Rem Term less than or equal to 12 1 .00 11.990 9.00 3.00 79.89 $15,800
24 less than Rem Term less than or equal to 36 4 .00 12.363 32.96 1.37 50.20 $12,000
36 less than Rem Term less than or equal to 48 11 .02 12.168 45.98 18.42 64.87 $45,000
48 less than Rem Term less than or equal to 60 342 .60 11.627 58.33 1.63 56.43 $48,000
60 less than Rem Term less than or equal to 72 26 .05 11.430 70.51 1.59 56.87 $35,400
72 less than Rem Term less than or equal to 84 142 .39 10.783 81.68 2.25 57.43 $490,458
84 less than Rem Term less than or equal to 96 39 .08 11.509 94.10 1.56 58.01 $43,500
96 less than Rem Term less than or equal to 108 26 .16 12.068 103.48 49.28 60.59 $149,200
108 less than Rem Term less than or equal to 120 1,485 4.23 11.474 118.24 2.11 65.66 $190,000
120 less than Rem Term less than or equal to 132 3 .01 11.531 131.19 1.90 61.69 $28,600
132 less than Rem Term less than or equal to 144 22 .08 11.230 142.27 1.73 61.28 $128,000
144 less than Rem Term less than or equal to 156 1 .00 12.250 156.00 .00 89.76 $27,100
156 less than Rem Term less than or equal to 168 42 .22 12.019 164.79 14.26 78.72 $144,000
168 less than Rem Term less than or equal to 180 6,390 40.40 11.042 177.93 2.07 71.36 $440,000
180 less than Rem Term less than or equal to 192 2 .01 10.360 185.23 2.53 72.28 $48,544
192 less than Rem Term less than or equal to 204 1 .01 10.450 203.00 1.00 47.00 $47,000
204 less than Rem Term less than or equal to 216 4 .02 8.848 213.78 2.22 84.90 $61,074
228 less than Rem Term less than or equal to 240 573 4.17 10.701 238.17 1.83 70.98 $232,000
276 less than Rem Term less than or equal to 288 1 .00 10.700 282.00 18.00 79.99 $27,900
288 less than Rem Term less than or equal to 300 410 2.47 11.719 298.24 1.76 70.64 $230,000
324 less than Rem Term less than or equal to 336 1 .01 9.500 333.00 27.00 61.84 $40,200
336 less than Rem Term less than or equal to 348 22 .27 11.354 346.08 13.92 90.15 $204,000
348 less than Rem Term less than or equal to 360 4,562 46.78 10.459 358.12 1.88 73.45 $500,000
_________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
=========================================================================================================================
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_______________________________________________________________________________________
Total
Current
Remaining Term Balance
<S> <C>
1 less than Rem Term less than or equal to 12 $15,721.28
24 less than Rem Term less than or equal to 36 $37,191.05
36 less than Rem Term less than or equal to 48 $144,040.56
48 less than Rem Term less than or equal to 60 $4,531,962.30
60 less than Rem Term less than or equal to 72 $409,200.40
72 less than Rem Term less than or equal to 84 $2,953,086.28
84 less than Rem Term less than or equal to 96 $640,395.60
96 less than Rem Term less than or equal to 108 $1,242,785.65
108 less than Rem Term less than or equal to 120 $31,945,462.77
120 less than Rem Term less than or equal to 132 $63,565.30
132 less than Rem Term less than or equal to 144 $638,041.81
144 less than Rem Term less than or equal to 156 $27,100.00
156 less than Rem Term less than or equal to 168 $1,647,665.52
168 less than Rem Term less than or equal to 180 $305,407,590.70
180 less than Rem Term less than or equal to 192 $91,426.49
192 less than Rem Term less than or equal to 204 $47,000.00
204 less than Rem Term less than or equal to 216 $181,810.39
228 less than Rem Term less than or equal to 240 $31,536,395.50
276 less than Rem Term less than or equal to 288 $26,319.16
288 less than Rem Term less than or equal to 300 $18,695,289.63
324 less than Rem Term less than or equal to 336 $39,661.64
336 less than Rem Term less than or equal to 348 $2,031,043.42
348 less than Rem Term less than or equal to 360 $353,675,476.01
_____________________________________________________________________________
Total..... 1 $756,028,231.46
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Age of Loan Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0 less than Age less than or equal to 12 14,044 99.53 10.793 264.47 1.96 71.94 $500,000
12 less than Age less than or equal to 24 44 .34 11.413 252.87 15.66 81.46 $204,000
24 less than Age less than or equal to 36 1 .01 9.500 333.00 27.00 61.84 $40,200
60 less than Age less than or equal to 72 4 .02 12.103 109.00 71.00 51.13 $96,300
72 less than Age less than or equal to 84 17 .11 12.930 100.31 76.27 53.92 $149,200
_________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
=========================================================================================================================
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________
Total
Current
Age of Loan Balance
<S> <C>
0 less than Age less than or equal to 12 $752,442,813.46
12 less than Age less than or equal to 24 $2,566,689.95
24 less than Age less than or equal to 36 $39,661.64
60 less than Age less than or equal to 72 $184,068.52
72 less than Age less than or equal to 84 $794,997.89
___________________________________________________________________________
Total..... $756,028,231.46
===========================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINATION YEAR
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1989 3 .03 12.968 99.09 77.28 62.16 $149,200 $190,955.25
1990 18 .10 12.727 102.63 74.80 51.27 $105,000 $788,111.16
1992 12 .10 8.407 189.55 2.70 74.25 $257,649 $751,241.55
1993 3 .02 9.167 157.06 2.70 79.27 $46,155 $125,927.59
1994 47 .24 11.443 209.06 11.26 73.75 $204,782 $1,806,634.30
1995 1,053 7.74 11.213 269.26 5.18 75.76 $411,933 $58,505,620.95
1996 12,974 91.78 10.761 264.27 1.72 71.64 $500,000 $693,859,740.66
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
LAST PAYMENT DATE (Assumed)
___________________________________________________________________________________________________________________
Last WA WA Max. Orig Total
Pay # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
06/01/96 14,110 100.00 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL LTV RANGE
_________________________________________________________________________________________________________________________
WA WA Max. Orig
LTV # % Rem WA Orig Loan
RANGE Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0.000 less than LTV less than or equal to 50.000 1,845 8.55 10.964 226.96 2.29 37.73 $490,458
50.000 less than LTV less than or equal to 55.000 460 2.84 10.974 245.73 2.13 52.79 $384,863
55.000 less than LTV less than or equal to 60.000 694 4.66 10.998 264.26 1.78 57.83 $500,000
60.000 less than LTV less than or equal to 65.000 1,216 7.99 11.406 267.78 1.94 63.60 $380,000
65.000 less than LTV less than or equal to 70.000 1,430 10.41 10.878 262.86 2.21 68.32 $379,389
70.000 less than LTV less than or equal to 75.000 1,944 14.63 10.896 262.36 1.95 73.60 $411,933
75.000 less than LTV less than or equal to 80.000 4,346 34.01 10.364 276.07 1.79 79.21 $440,000
80.000 less than LTV less than or equal to 85.000 977 7.48 10.861 255.77 2.58 82.27 $375,520
85.000 less than LTV less than or equal to 90.000 1,003 8.11 11.218 266.72 2.72 89.00 $369,000
90.000 less than LTV less than or equal to 95.000 126 .70 11.544 251.90 3.79 91.42 $214,000
95.000 less than LTV less than or equal to 100.000 69 .62 11.364 315.85 7.03 98.50 $390,435
_________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
=========================================================================================================================
<CAPTION>
ORIGINAL LTV RANGE
_______________________________________________________________________________
Total
LTV Current
RANGE Balance
<S> <C>
0.000 less than LTV less than or equal to 50.000 $64,635,287.98
50.000 less than LTV less than or equal to 55.000 $21,438,521.02
55.000 less than LTV less than or equal to 60.000 $35,229,134.86
60.000 less than LTV less than or equal to 65.000 $60,409,165.32
65.000 less than LTV less than or equal to 70.000 $78,699,040.35
70.000 less than LTV less than or equal to 75.000 $110,642,040.77
75.000 less than LTV less than or equal to 80.000 $257,137,926.30
80.000 less than LTV less than or equal to 85.000 $56,527,579.58
85.000 less than LTV less than or equal to 90.000 $61,313,894.36
90.000 less than LTV less than or equal to 95.000 $5,287,565.66
95.000 less than LTV less than or equal to 100.000 $4,708,075.26
____________________________________________________________________________
Total..... $756,028,231.46
============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 3,529 7.94 12.003 160.15 1.83 64.96 $25,000
25,000 less than Balance less than or equal to 50,000 4,779 23.38 11.222 229.69 1.96 68.04 $50,000
50,000 less than Balance less than or equal to 75,000 2,865 23.30 10.725 276.06 2.06 72.36 $75,000
75,000 less than Balance less than or equal to 100,000 1,433 16.46 10.505 293.87 2.19 73.55 $100,000
100,000 less than Balance less than or equal to 150,000 1,057 16.89 10.402 292.71 2.28 76.11 $150,000
150,000 less than Balance less than or equal to 203,150 286 6.56 10.191 309.57 2.22 76.16 $203,150
203,150 less than Balance less than or equal to 250,000 105 3.11 10.521 285.72 2.26 75.80 $250,000
250,000 less than Balance less than or equal to 300,000 29 1.05 10.058 266.43 2.18 73.41 $300,000
300,000 less than Balance less than or equal to 350,000 11 .46 10.350 278.40 1.89 71.06 $350,000
350,000 less than Balance less than or equal to 400,000 11 .55 10.163 292.16 2.19 77.57 $396,000
400,000 less than Balance less than or equal to 450,000 2 .11 10.069 262.05 4.90 76.48 $440,000
450,000 less than Balance less than or equal to 500,000 3 .20 10.594 265.69 3.33 50.89 $500,000
__________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
==========================================================================================================================
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
___________________________________________________________________________________________________________________
Total
Original Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to $60,021,111.43
25,000 less than Balance less than or equal to $176,767,005.68
50,000 less than Balance less than or equal to $176,121,207.91
75,000 less than Balance less than or equal to $124,407,473.92
100,000 less than Balance less than or equal to $127,669,657.78
150,000 less than Balance less than or equal to $49,596,503.62
203,150 less than Balance less than or equal to $23,484,616.71
250,000 less than Balance less than or equal to $7,959,065.42
300,000 less than Balance less than or equal to $3,505,492.42
350,000 less than Balance less than or equal to $4,162,626.05
400,000 less than Balance less than or equal to $850,772.33
450,000 less than Balance less than or equal to $1,482,698.19
_____________________________________________________________________
Total..... $756,028,231.46
=====================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Current # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 3,548 8.00 12.002 160.14 1.94 64.92 $92,800
25,000 less than Balance less than or equal to 50,000 4,772 23.39 11.220 229.85 1.97 68.09 $61,800
50,000 less than Balance less than or equal to 75,000 2,862 23.30 10.724 276.16 2.06 72.37 $90,000
75,000 less than Balance less than or equal to 100,000 1,432 16.48 10.504 293.61 2.25 73.53 $105,000
100,000 less than Balance less than or equal to 150,000 1,049 16.79 10.402 293.13 2.18 76.12 $150,000
150,000 less than Balance less than or equal to 200,000 280 6.40 10.168 308.35 2.23 76.35 $200,000
200,000 less than Balance less than or equal to 250,000 111 3.27 10.551 289.29 2.24 75.43 $250,000
250,000 less than Balance less than or equal to 300,000 29 1.05 10.058 266.43 2.18 73.41 $300,000
300,000 less than Balance less than or equal to 350,000 11 .46 10.350 278.40 1.89 71.06 $350,000
350,000 less than Balance less than or equal to 400,000 11 .55 10.163 292.16 2.19 77.57 $396,000
400,000 less than Balance less than or equal to 450,000 2 .11 10.069 262.05 4.90 76.48 $440,000
450,000 less than Balance less than or equal to 500,000 3 .20 10.594 265.69 3.33 50.89 $500,000
__________________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000
==========================================================================================================================
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________
Total
Current Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to 25,000 $60,459,712.77
25,000 less than Balance less than or equal to 50,000 $176,864,956.99
50,000 less than Balance less than or equal to 75,000 $176,174,396.20
75,000 less than Balance less than or equal to 100,000 $124,575,665.94
100,000 less than Balance less than or equal to 150,000 $126,911,724.82
150,000 less than Balance less than or equal to 200,000 $48,385,418.14
200,000 less than Balance less than or equal to 250,000 $24,695,702.19
250,000 less than Balance less than or equal to 300,000 $7,959,065.42
300,000 less than Balance less than or equal to 350,000 $3,505,492.42
350,000 less than Balance less than or equal to 400,000 $4,162,626.05
400,000 less than Balance less than or equal to 450,000 $850,772.33
450,000 less than Balance less than or equal to 500,000 $1,482,698.19
_______________________________________________________________________________
Total..... $756,028,231.46
===============================================================================
</TABLE>
<TABLE>
<CAPTION>
GEOGRAPHIC DISTRIBUTION
__________________________________________________________________________________________________________________________________
Calc.
WA WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Curr Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE LTV LTV Amount Amount Balance Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AL 2 .03 9.500 230.03 1.29 1.00 2.00 65.56 65.52 $59,812 $150,000 $209,812 $104,906
AR 2 .02 8.250 355.43 4.57 4.00 5.00 77.32 76.37 $64,508 $86,722 $151,230 $75,615
AZ 257 1.90 10.744 273.61 2.02 .00 9.00 70.65 70.53 $6,400 $439,815 $14,391,578 $55,998
CA 1,172 10.09 10.621 292.94 2.41 .00 15.00 72.77 72.61 $6,300 $488,736 $76,288,736 $65,093
CO 416 2.46 10.848 264.89 1.75 .00 13.00 70.52 70.40 $5,000 $372,000 $18,587,478 $44,681
CT 132 1.04 10.909 235.32 2.43 .00 9.00 69.54 69.24 $6,459 $197,285 $7,888,342 $59,760
DC 39 .36 10.440 283.52 1.69 .00 6.00 70.93 70.87 $14,800 $192,000 $2,694,578 $69,092
DE 104 .71 10.201 268.87 1.62 .00 5.00 73.30 73.15 $6,874 $154,557 $5,386,977 $51,798
FL 646 4.50 10.765 248.79 2.28 .00 16.00 71.34 71.21 $5,777 $273,537 $34,017,735 $52,659
GA 389 2.69 10.752 242.69 2.15 .00 27.00 75.55 75.21 $5,639 $287,631 $20,334,050 $52,273
IA 21 .13 11.471 283.76 2.35 .00 10.00 75.10 75.07 $13,650 $132,094 $956,987 $45,571
ID 222 1.44 10.629 295.96 1.87 .00 22.00 71.72 71.56 $5,800 $291,680 $10,893,593 $49,070
IL 959 7.28 10.708 286.63 2.00 .00 21.00 73.06 72.94 $5,000 $372,000 $55,069,637 $57,424
IN 726 4.23 10.474 256.79 1.82 .00 18.00 75.30 75.17 $3,149 $300,000 $31,974,947 $44,043
KS 137 .60 11.340 245.56 1.46 .00 9.00 71.85 71.73 $4,290 $148,000 $4,513,213 $32,943
KY 262 1.63 10.682 272.01 1.87 .00 13.00 74.83 74.63 $7,000 $171,851 $12,286,813 $46,896
MA 270 2.11 10.901 246.45 2.74 .00 71.00 65.57 65.37 $5,751 $496,218 $15,975,252 $59,168
MD 261 2.03 11.346 241.46 1.91 .00 8.00 74.15 74.03 $5,000 $253,500 $15,372,349 $58,898
ME 207 1.08 10.961 247.77 1.62 .00 5.00 67.76 67.63 $6,500 $116,523 $8,172,609 $39,481
MI 535 3.03 11.170 233.58 2.02 .00 11.00 70.75 70.54 $4,938 $319,771 $22,902,211 $42,808
MN 218 1.46 10.413 287.23 1.55 .00 8.00 71.74 71.61 $6,000 $229,918 $11,004,462 $50,479
MO 525 2.75 11.200 267.93 1.78 .00 12.00 72.69 72.48 $5,000 $251,100 $20,774,629 $39,571
MS 35 .21 11.787 275.82 1.93 .00 4.00 71.80 71.67 $15,000 $137,222 $1,607,358 $45,925
MT 7 .05 10.612 254.51 2.00 2.00 2.00 73.87 73.80 $21,644 $88,400 $391,015 $55,859
NC 364 2.77 11.503 235.84 2.43 .00 7.00 75.98 75.90 $5,472 $307,614 $20,906,131 $57,434
ND 6 .02 11.034 207.09 1.92 .00 5.00 70.95 70.90 $12,600 $55,402 $172,486 $28,748
NE 13 .05 11.542 243.34 .66 .00 2.00 65.30 65.29 $8,000 $68,800 $358,676 $27,590
NH 80 .50 10.717 262.19 2.29 .00 73.00 68.43 68.25 $8,000 $214,078 $3,806,007 $47,575
NJ 614 5.73 10.944 240.24 3.26 .00 78.00 70.05 69.71 $7,600 $375,520 $43,336,262 $70,580
NM 192 1.13 11.082 264.43 1.65 .00 8.00 70.41 70.31 $6,994 $202,000 $8,543,338 $44,497
NV 196 1.28 10.933 286.89 1.95 .00 23.00 73.80 73.66 $7,196 $237,870 $9,676,190 $49,368
NY 1,032 9.02 10.709 250.13 2.12 .00 18.00 68.03 67.95 $5,100 $350,000 $68,184,034 $66,070
OH 875 5.95 10.499 271.84 1.76 .00 22.00 74.24 74.04 $5,000 $245,798 $44,955,484 $51,378
OK 10 .04 11.779 178.28 2.06 .00 6.00 68.56 68.24 $10,500 $64,979 $339,186 $33,919
OR 223 1.46 10.666 288.75 1.87 .00 6.00 69.06 68.91 $7,516 $223,801 $11,057,941 $49,587
PA 1,018 6.40 10.936 241.15 1.87 .00 16.00 72.93 72.80 $4,914 $256,587 $48,374,249 $47,519
RI 68 .57 10.536 239.49 2.03 .00 11.00 67.45 67.36 $15,000 $161,471 $4,291,604 $63,112
SC 231 1.50 11.373 210.44 2.32 .00 11.00 77.07 76.96 $7,299 $155,951 $11,353,697 $49,150
SD 7 .04 11.352 312.58 .69 .00 4.00 75.99 75.94 $15,000 $91,200 $311,944 $44,563
TN 217 1.28 10.776 229.54 1.67 .00 11.00 72.62 72.46 $5,200 $395,066 $9,690,120 $44,655
TX 120 .83 11.023 309.95 2.26 .00 8.00 75.49 75.31 $7,074 $200,207 $6,268,772 $52,240
UT 264 1.91 10.789 283.39 1.99 .00 11.00 71.45 71.20 $6,084 $497,744 $14,469,125 $54,807
VA 102 .72 10.827 270.73 2.58 .00 23.00 70.95 70.75 $7,156 $211,500 $5,476,751 $53,694
VT 25 .15 11.658 287.68 1.89 .00 7.00 65.87 65.78 $10,771 $77,885 $1,148,879 $45,955
WA 742 5.83 10.568 304.72 1.95 .00 21.00 71.24 71.04 $6,144 $380,000 $44,099,496 $59,433
WI 159 .91 10.896 274.45 1.78 .00 18.00 70.65 70.47 $5,859 $186,289 $6,870,166 $43,209
WV 2 .01 13.211 277.15 2.00 2.00 2.00 73.58 73.43 $41,066 $50,355 $91,421 $45,710
WY 5 .05 9.962 275.32 1.60 1.00 2.00 81.68 81.57 $29,957 $154,000 $382,629 $76,526
Unknown 1 .00 12.500 176.00 4.00 4.00 4.00 27.72 27.35 $18,053 $18,053 $18,053 $18,053
__________________________________________________________________________________________________________________________________
Total..14,110 100.00%10.798 264.22 2.10 .00 78.00 71.94 71.78 $3,149 $497,744 $756,028,231 $53,581
===================================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
PROPERTY-TYPE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Single-family 13,148 91.55 10.788 264.83 2.10 72.16 $500,000 $692,144,389.23
Deminimus PUD 63 .49 11.296 249.52 1.61 73.70 $211,400 $3,713,291.98
Manufactured Housing 23 .13 10.516 248.32 1.05 73.57 $78,750 $966,125.21
Townhouses 35 .23 10.865 240.48 1.84 70.99 $136,500 $1,732,741.87
Condominiums 86 .55 10.687 250.89 2.06 69.14 $265,015 $4,126,745.64
2-4 Family 746 6.98 10.895 259.69 2.12 69.12 $350,000 $52,758,302.87
Co-op 5 .06 10.782 259.77 5.69 75.56 $109,900 $459,334.66
Leasehold 4 .02 13.868 174.32 1.49 74.50 $71,000 $127,300.00
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
OCCUPANCY
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Owner Occ. 13,498 95.26 10.793 265.03 2.11 72.15 $500,000 $720,226,636.09
Investor 207 1.68 11.009 249.49 2.13 67.25 $320,000 $12,704,552.99
Vacation/Second Home 32 .33 10.919 207.27 2.87 68.13 $280,000 $2,510,713.76
Rental 373 2.72 10.829 251.84 1.81 68.18 $292,000 $20,586,328.62
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN-PURPOSE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Purchase 682 8.12 10.867 261.70 2.69 79.01 $440,000 $61,371,303.14
Refinance/No ETO 7,571 67.85 10.572 283.18 2.03 73.28 $500,000 $512,966,269.74
Refinance/ETO 2,360 9.52 11.393 215.58 1.97 62.14 $296,902 $71,952,853.63
Facil Sale of REO 1 .00 14.500 52.00 8.00 100.00 $7,000 $6,459.37
Home Improvement 12 .03 12.104 215.09 3.37 63.68 $78,750 $259,416.74
Debt Consolidation 3,484 14.48 11.421 208.90 2.19 68.19 $230,000 $109,471,928.84
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LIEN STATUS
________________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Lien Status Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 10,050 85.25 10.623 278.07 2.04 71.84 $500,000 $644,513,081.47
2 4,060 14.75 11.806 184.18 2.49 72.57 $240,000 $111,515,149.99
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
BALLOON LOANS
________________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
BALLOON CODE Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
No 12,722 84.81 10.742 279.97 2.00 71.43 $500,000 $641,215,187.33
Yes 1,388 15.19 11.110 176.24 2.67 74.82 $490,458 $114,813,044.13
___________________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN RATING
______________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Rating Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 2,053 14.51 10.064 261.01 2.28 71.60 $411,933 $109,689,198.87
B 4,073 28.19 10.941 268.13 2.18 72.54 $395,066 $213,105,816.92
B+ 5,247 41.20 10.465 262.91 2.05 74.15 $490,458 $311,510,047.88
B- 1,543 9.73 11.718 264.84 2.04 69.24 $500,000 $73,528,382.95
C 1,194 6.37 12.579 261.76 1.81 59.92 $372,000 $48,194,784.84
______________________________________________________________________________________________________________
Total..... 14,110 100.00% 10.798 264.22 2.10 71.94 $500,000 $756,028,231.46
==============================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
________________________________________________________________________________
- MONEY STORE HEL - MON6B
- Cut Off Date of Tape is 6/96
- ARM COLLATERAL
- $155,181,184.21
________________________________________________________________________________
Number of Mortgage Loans: 1,862
Product Type: First Lien Loans
Index: VARIOUS
Aggregate Unpaid Principal Balance: $155,181,184.21
Aggregate Original Principal Balance: $155,444,859.16
Weighted Average Coupon (Gross): 9.126%
Gross Coupon Range: 6.000% - 13.500%
Weighted Average Margin (Gross): 5.856%
Gross Margin Range: 2.000% - 10.120%
Weighted Average Life Cap (Gross): 15.253%
Gross Life Cap Range: 10.250% - 30.500%
Weighted Average Life Floor (Gross): 8.785%
Gross Life Floor Range: 2.875% - 13.750%
________________________________________________________________________________
Average Unpaid Principal Balance: $83,341.13
Average Original Principal Balance: $83,482.74
Maximum Unpaid Principal Balance: $449,741.09
Minimum Unpaid Principal Balance: $13,995.25
Maximum Original Principal Balance: $450,000.00
Minimum Original Principal Balance: $14,000.00
Weighted Avg. Rem. Term(to Mat Date/Bln Date): 357.137
Stated Rem Term Range: 174.000 - 360.000
Weighted Average Age (First Pay thru Last Pay): 1.819
Age Range: 0.000 - 29.000
Weighted Average Original Term(to Mat Date/Bln Date): 358.956
Original Term Range: 180.000 - 360.000
Weighted Average Original LTV: 72.320
Original LTV Range: 12.720% - 100.000%
Weighted Average Periodic Interest Cap: 1.287%
Periodic Interest Cap Range: 1.000% - 3.000%
Weighted Average Months to Interest Roll: 4.980
Months to Interest Roll Range: 1 - 12
________________________________________________________________________________
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GROSS COUPON
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Coupon Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
5.75% less than Gross Coupon less than or equal to 6.00% 1 .05 6.000 348.00 12.00 100.00 $85,000
6.50% less than Gross Coupon less than or equal to 6.75% 1 .04 6.750 360.00 .00 80.06 $65,300
6.75% less than Gross Coupon less than or equal to 7.00% 23 1.38 6.953 359.19 .81 74.75 $180,500
7.00% less than Gross Coupon less than or equal to 7.25% 43 2.46 7.248 358.53 1.47 74.86 $208,000
7.25% less than Gross Coupon less than or equal to 7.50% 21 1.34 7.482 358.63 1.37 74.95 $365,000
7.50% less than Gross Coupon less than or equal to 7.75% 138 8.02 7.744 359.03 .97 74.37 $300,000
7.75% less than Gross Coupon less than or equal to 8.00% 65 3.97 7.973 359.07 .93 74.55 $380,000
8.00% less than Gross Coupon less than or equal to 8.25% 162 8.55 8.194 359.09 .91 74.18 $248,500
8.25% less than Gross Coupon less than or equal to 8.50% 78 4.87 8.454 359.23 .77 73.22 $325,125
8.50% less than Gross Coupon less than or equal to 8.75% 308 16.88 8.743 358.75 1.25 74.39 $450,000
8.75% less than Gross Coupon less than or equal to 9.00% 119 6.50 8.951 358.20 1.80 74.39 $343,000
9.00% less than Gross Coupon less than or equal to 9.25% 183 9.43 9.226 357.72 1.83 73.22 $424,000
9.25% less than Gross Coupon less than or equal to 9.50% 91 5.00 9.453 357.99 2.01 70.71 $374,000
9.50% less than Gross Coupon less than or equal to 9.75% 211 9.93 9.731 353.16 1.81 66.26 $375,000
9.75% less than Gross Coupon less than or equal to 10.00% 117 5.62 9.937 352.62 2.34 66.93 $248,000
10.00% less than Gross Coupon less than or equal to 10.25% 43 2.37 10.194 356.70 3.30 74.08 $211,500
10.25% less than Gross Coupon less than or equal to 10.50% 47 2.80 10.435 356.26 3.74 73.68 $272,200
10.50% less than Gross Coupon less than or equal to 10.75% 31 1.72 10.684 356.91 3.09 71.64 $220,000
10.75% less than Gross Coupon less than or equal to 11.00% 40 2.25 10.948 350.53 2.60 68.65 $216,000
11.00% less than Gross Coupon less than or equal to 11.25% 20 1.21 11.139 354.90 5.10 76.66 $212,000
11.25% less than Gross Coupon less than or equal to 11.50% 31 1.54 11.443 354.40 5.60 74.35 $176,787
11.50% less than Gross Coupon less than or equal to 11.75% 19 .84 11.665 354.77 5.23 74.37 $240,000
11.75% less than Gross Coupon less than or equal to 12.00% 29 1.32 11.940 356.18 3.82 62.70 $180,000
12.00% less than Gross Coupon less than or equal to 12.25% 12 .48 12.157 358.38 1.62 63.84 $107,000
12.25% less than Gross Coupon less than or equal to 12.50% 12 .51 12.421 342.25 5.11 68.39 $115,000
12.50% less than Gross Coupon less than or equal to 12.75% 5 .33 12.633 356.33 3.67 64.52 $155,000
12.75% less than Gross Coupon less than or equal to 13.00% 5 .17 12.933 355.92 4.08 67.97 $93,750
13.00% less than Gross Coupon less than or equal to 13.25% 2 .11 13.089 358.63 1.37 69.79 $93,350
13.25% less than Gross Coupon less than or equal to 13.50% 5 .29 13.464 355.65 4.35 54.54 $209,957
_________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
=========================================================================================================================
<CAPTION>
GROSS COUPON
________________________________________________________________________________
Total
Gross Current
Coupon Balance
<S> <C>
5.75% less than Gross Coupon less than or equal to 6.00% $84,672.76
6.50% less than Gross Coupon less than or equal to 6.75% $65,300.00
6.75% less than Gross Coupon less than or equal to 7.00% $2,141,969.37
7.00% less than Gross Coupon less than or equal to 7.25% $3,820,031.80
7.25% less than Gross Coupon less than or equal to 7.50% $2,080,447.91
7.50% less than Gross Coupon less than or equal to 7.75% $12,439,000.15
7.75% less than Gross Coupon less than or equal to 8.00% $6,160,385.70
8.00% less than Gross Coupon less than or equal to 8.25% $13,270,523.43
8.25% less than Gross Coupon less than or equal to 8.50% $7,561,543.49
8.50% less than Gross Coupon less than or equal to 8.75% $26,200,310.03
8.75% less than Gross Coupon less than or equal to 9.00% $10,082,401.74
9.00% less than Gross Coupon less than or equal to 9.25% $14,638,965.43
9.25% less than Gross Coupon less than or equal to 9.50% $7,761,593.92
9.50% less than Gross Coupon less than or equal to 9.75% $15,412,163.76
9.75% less than Gross Coupon less than or equal to 10.00% $8,721,049.44
10.00% less than Gross Coupon less than or equal to 10.25% $3,680,182.92
10.25% less than Gross Coupon less than or equal to 10.50% $4,341,788.45
10.50% less than Gross Coupon less than or equal to 10.75% $2,673,175.38
10.75% less than Gross Coupon less than or equal to 11.00% $3,493,568.75
11.00% less than Gross Coupon less than or equal to 11.25% $1,870,217.70
11.25% less than Gross Coupon less than or equal to 11.50% $2,386,530.36
11.50% less than Gross Coupon less than or equal to 11.75% $1,305,268.60
11.75% less than Gross Coupon less than or equal to 12.00% $2,052,234.41
12.00% less than Gross Coupon less than or equal to 12.25% $747,616.47
12.25% less than Gross Coupon less than or equal to 12.50% $797,090.23
12.50% less than Gross Coupon less than or equal to 12.75% $509,926.23
12.75% less than Gross Coupon less than or equal to 13.00% $265,876.77
13.00% less than Gross Coupon less than or equal to 13.25% $172,064.59
13.25% less than Gross Coupon less than or equal to 13.50% $445,284.42
____________________________________________________________________________
Total..... $155,181,184.21
============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Maturity Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
170 less than Original Maturity less than or equal to 180 9 .56 10.026 175.81 4.19 64.57 $375,000
230 less than Original Maturity less than or equal to 240 1 .03 12.300 237.00 3.00 65.00 $39,000
350 less than Original Maturity less than or equal to 360 1,852 99.41 9.120 358.19 1.81 72.37 $450,000
_________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
=========================================================================================================================
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
________________________________________________________________________________________
Total
Original Current
Maturity Balance
<S> <C>
170 less than Original Maturity less than or equal to 180 $874,270.12
230 less than Original Maturity less than or equal to 240 $38,962.14
350 less than Original Maturity less than or equal to 360 $154,267,951.95
_____________________________________________________________________________
Total..... $155,181,184.21
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Remaining Term Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
168 less than Rem Term less than or equal to 180 9 .56 10.026 175.81 4.19 64.57 $375,000
228 less than Rem Term less than or equal to 240 1 .03 12.300 237.00 3.00 65.00 $39,000
324 less than Rem Term less than or equal to 336 1 .04 8.950 331.00 29.00 65.00 $59,150
336 less than Rem Term less than or equal to 348 37 1.96 10.287 345.52 14.48 81.01 $207,000
348 less than Rem Term less than or equal to 360 1,814 97.41 9.097 358.46 1.54 72.19 $450,000
_________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
=========================================================================================================================
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
__________________________________________________________________________________________
Total
Current
Remaining Term Balance
<S> <C>
168 less than Rem Term less than or equal to 180 $874,270.12
228 less than Rem Term less than or equal to 240 $38,962.14
324 less than Rem Term less than or equal to 336 $57,749.96
336 less than Rem Term less than or equal to 348 $3,044,349.88
348 less than Rem Term less than or equal to 360 $151,165,852.11
___________________________________________________________________________
Total..... $155,181,184.21
===========================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Age of Loan Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0 less than Age less than or equal to 12 1,836 98.50 9.108 357.33 1.61 72.22 $450,000
12 less than Age less than or equal to 24 25 1.46 10.346 344.67 15.33 79.47 $207,000
24 less than Age less than or equal to 36 1 .04 8.950 331.00 29.00 65.00 $59,150
_________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
=========================================================================================================================
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
________________________________________________________________________________
Total
Current
Age of Loan Balance
0 less than Age less than or equal to 12 $152,851,665.13
12 less than Age less than or equal to 24 $2,271,769.12
24 less than Age less than or equal to 36 $57,749.96
_____________________________________________________________________________
Total..... $155,181,184.21
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINATION YEAR
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1993 1 .04 8.950 331.00 29.00 65.00 $59,150 $57,749.96
1994 8 .55 8.832 345.07 14.93 75.55 $171,600 $849,544.67
1995 176 10.07 10.368 348.87 6.82 77.10 $408,000 $15,628,070.30
1996 1,677 89.34 8.988 358.15 1.16 71.76 $450,000 $138,645,819.28
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LAST PAYMENT DATE (Assumed)
___________________________________________________________________________________________________________________
Last WA WA Max. Orig Total
Pay # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
06/01/96 1,862 100.00 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL LTV RANGE
_________________________________________________________________________________________________________________________
WA WA Max. Orig
LTV # % Rem WA Orig Loan
RANGE Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0.000 less than LTV less than or equal to 50.000 139 5.10 9.559 357.25 1.48 40.81 $221,000
50.000 less than LTV less than or equal to 55.000 46 1.97 9.549 347.61 1.42 52.33 $200,000
55.000 less than LTV less than or equal to 60.000 84 3.82 9.556 358.59 1.41 57.80 $240,000
60.000 less than LTV less than or equal to 65.000 259 11.86 9.674 357.42 1.67 63.73 $450,000
65.000 less than LTV less than or equal to 70.000 213 10.77 9.279 357.54 1.56 68.18 $343,000
70.000 less than LTV less than or equal to 75.000 349 20.66 9.198 355.58 1.72 73.71 $375,000
75.000 less than LTV less than or equal to 80.000 588 35.43 8.757 358.44 1.56 79.19 $424,000
80.000 less than LTV less than or equal to 85.000 126 7.02 8.681 357.64 2.36 81.10 $235,200
85.000 less than LTV less than or equal to 90.000 28 1.57 9.941 352.84 7.16 88.32 $216,900
90.000 less than LTV less than or equal to 95.000 11 .47 9.600 353.04 6.96 91.45 $142,000
95.000 less than LTV less than or equal to 100.000 19 1.33 9.408 354.24 5.76 97.92 $408,000
_________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
=========================================================================================================================
<CAPTION>
ORIGINAL LTV RANGE
____________________________________________________________________
Total
LTV Current
RANGE Balance
<S> <C>
0.000 less than LTV less than or equal to 50.000 $7,914,303.72
50.000 less than LTV less than or equal to 55.000 $3,054,514.83
55.000 less than LTV less than or equal to 60.000 $5,935,066.25
60.000 less than LTV less than or equal to 65.000 $18,399,537.50
65.000 less than LTV less than or equal to 70.000 $16,710,311.45
70.000 less than LTV less than or equal to 75.000 $32,064,268.49
75.000 less than LTV less than or equal to 80.000 $54,982,133.65
80.000 less than LTV less than or equal to 85.000 $10,890,928.97
85.000 less than LTV less than or equal to 90.000 $2,431,271.30
90.000 less than LTV less than or equal to 95.000 $733,060.71
95.000 less than LTV less than or equal to 100.000 $2,065,787.34
____________________________________________________________________________
Total..... $155,181,184.21
============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GROSS MARGIN
_____________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Margin Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
1.75% less than Gross Margin less than or equal to 2.00% 1 .03 7.750 356.00 4.00 70.00 $53,200
2.75% less than Gross Margin less than or equal to 3.00% 3 .16 8.852 357.63 2.37 82.49 $155,000
3.00% less than Gross Margin less than or equal to 3.25% 2 .17 8.918 341.00 19.00 70.90 $171,600
3.25% less than Gross Margin less than or equal to 3.50% 2 .30 9.154 358.00 2.00 95.55 $408,000
3.75% less than Gross Margin less than or equal to 4.00% 2 .34 9.186 358.61 1.39 73.66 $374,000
4.00% less than Gross Margin less than or equal to 4.25% 1 .04 8.950 331.00 29.00 65.00 $59,150
4.25% less than Gross Margin less than or equal to 4.50% 6 .39 8.710 350.67 9.33 75.69 $159,750
4.50% less than Gross Margin less than or equal to 4.75% 8 .55 9.332 352.05 7.95 74.23 $203,000
4.75% less than Gross Margin less than or equal to 5.00% 86 5.46 8.033 358.78 1.22 75.31 $388,000
5.00% less than Gross Margin less than or equal to 5.25% 198 12.07 8.457 358.79 1.21 75.10 $365,000
5.25% less than Gross Margin less than or equal to 5.50% 437 24.33 8.753 358.30 1.45 75.07 $450,000
5.50% less than Gross Margin less than or equal to 5.75% 277 14.39 9.247 358.50 1.20 73.49 $371,000
5.75% less than Gross Margin less than or equal to 6.00% 393 19.40 9.299 356.94 2.23 68.98 $238,000
6.00% less than Gross Margin less than or equal to 7.00% 310 15.61 9.508 354.97 2.25 69.10 $424,000
7.00% less than Gross Margin less than or equal to 8.00% 103 5.47 10.658 352.55 2.33 68.48 $189,800
8.00% less than Gross Margin less than or equal to 9.00% 29 1.10 12.005 351.47 2.63 65.42 $220,000
9.00% less than Gross Margin less than or equal to 10.00% 3 .16 13.171 358.74 1.26 68.28 $93,350
10.00% less than Gross Margin less than or equal to 11.00% 1 .03 10.120 356.00 4.00 68.49 $50,000
______________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
======================================================================================================================
<CAPTION>
GROSS MARGIN
_______________________________________________________________________________
Total
Gross Current
Margin Balance
<S> <C>
1.75% less than Gross Margin less than or equal to 2.00% $53,048.31
2.75% less than Gross Margin less than or equal to 3.00% $243,053.80
3.00% less than Gross Margin less than or equal to 3.25% $259,603.61
3.25% less than Gross Margin less than or equal to 3.50% $464,151.78
3.75% less than Gross Margin less than or equal to 4.00% $534,778.70
4.00% less than Gross Margin less than or equal to 4.25% $57,749.96
4.25% less than Gross Margin less than or equal to 4.50% $607,206.63
4.50% less than Gross Margin less than or equal to 4.75% $856,777.04
4.75% less than Gross Margin less than or equal to 5.00% $8,478,697.01
5.00% less than Gross Margin less than or equal to 5.25% $18,737,867.22
5.25% less than Gross Margin less than or equal to 5.50% $37,749,023.61
5.50% less than Gross Margin less than or equal to 5.75% $22,323,195.74
5.75% less than Gross Margin less than or equal to 6.00% $30,103,425.88
6.00% less than Gross Margin less than or equal to 7.00% $24,218,615.05
7.00% less than Gross Margin less than or equal to 8.00% $8,486,639.37
8.00% less than Gross Margin less than or equal to 9.00% $1,706,723.18
9.00% less than Gross Margin less than or equal to 10.00% $250,714.59
10.00% less than Gross Margin less than or equal to 11.00% $49,912.73
_____________________________________________________________________________
Total..... $155,181,184.21
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
Gross Life Cap
_____________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Life Cap Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
10.00% less than Gross Life Cap less than or equal to 10.25 1 .04 8.250 359.00 1.00 71.79 $56,000
10.75% less than Gross Life Cap less than or equal to 11.00 1 .03 8.000 360.00 .00 74.90 $41,200
11.00% less than Gross Life Cap less than or equal to 11.25 4 .21 8.565 343.00 17.00 76.29 $148,000
11.25% less than Gross Life Cap less than or equal to 11.50 1 .06 9.500 360.00 .00 80.00 $96,000
11.75% less than Gross Life Cap less than or equal to 12.00 1 .10 8.750 358.00 2.00 86.11 $155,000
12.50% less than Gross Life Cap less than or equal to 12.75 1 .04 6.750 360.00 .00 80.06 $65,300
12.75% less than Gross Life Cap less than or equal to 13.00 5 .39 7.153 355.78 4.22 77.74 $157,500
13.00% less than Gross Life Cap less than or equal to 13.25 9 .64 7.449 356.81 3.19 78.29 $203,000
13.25% less than Gross Life Cap less than or equal to 13.50 14 1.05 7.708 357.42 2.58 76.17 $365,000
13.50% less than Gross Life Cap less than or equal to 13.75 63 4.07 7.774 358.87 1.13 74.60 $300,000
13.75% less than Gross Life Cap less than or equal to 14.00 83 4.91 7.876 358.57 1.43 74.41 $380,000
14.00% less than Gross Life Cap less than or equal to 14.25 154 8.23 7.985 359.03 .97 75.23 $208,000
14.25% less than Gross Life Cap less than or equal to 14.50 87 5.30 8.416 358.91 1.09 73.49 $325,125
14.50% less than Gross Life Cap less than or equal to 14.75 351 19.46 8.556 358.69 1.31 75.06 $450,000
14.75% less than Gross Life Cap less than or equal to 15.00 126 6.62 9.052 357.63 2.37 75.72 $343,000
15.00% less than Gross Life Cap less than or equal to 15.25 219 11.15 9.094 358.11 1.51 72.38 $424,000
15.25% less than Gross Life Cap less than or equal to 15.50 78 4.11 9.471 358.10 1.90 70.11 $300,000
15.50% less than Gross Life Cap less than or equal to 15.75 237 10.82 9.587 353.79 1.60 66.69 $408,000
15.75% less than Gross Life Cap less than or equal to 16.00 113 5.56 9.935 353.17 1.74 67.45 $248,000
16.00% less than Gross Life Cap less than or equal to 16.25 39 2.11 10.018 357.09 2.91 72.07 $189,800
16.25% less than Gross Life Cap less than or equal to 16.50 50 2.91 10.261 357.36 2.64 71.20 $272,200
16.50% less than Gross Life Cap less than or equal to 16.75 40 2.54 10.503 356.58 3.42 70.90 $220,000
16.75% less than Gross Life Cap less than or equal to 17.00 46 2.69 10.576 350.72 3.53 69.53 $207,000
17.00% less than Gross Life Cap less than or equal to 17.25 20 1.14 10.523 357.63 2.37 73.09 $211,500
17.25% less than Gross Life Cap less than or equal to 17.50 31 1.76 11.150 356.77 3.23 71.19 $195,000
17.50% less than Gross Life Cap less than or equal to 17.75 18 .79 11.489 355.79 4.21 71.23 $240,000
17.75% less than Gross Life Cap less than or equal to 18.00 26 1.29 11.830 357.05 2.95 63.86 $180,000
18.00% less than Gross Life Cap less than or equal to 18.25 11 .41 12.061 358.13 1.87 62.38 $95,000
18.25% less than Gross Life Cap less than or equal to 18.50 12 .48 12.142 344.88 1.73 67.03 $120,250
18.50% less than Gross Life Cap less than or equal to 18.75 4 .27 12.670 357.31 2.69 66.13 $155,000
18.75% less than Gross Life Cap less than or equal to 19.00 6 .24 12.679 352.55 7.45 67.65 $115,000
19.00% less than Gross Life Cap less than or equal to 19.25 2 .11 13.089 358.63 1.37 69.79 $93,350
19.25% less than Gross Life Cap less than or equal to 19.50 2 .06 12.965 350.23 9.77 52.91 $60,000
19.50% less than Gross Life Cap less than or equal to 19.75 1 .04 12.750 354.00 6.00 65.00 $65,000
20.25% less than Gross Life Cap less than or equal to 20.50 2 .18 13.458 356.11 3.89 50.65 $209,957
23.00% less than Gross Life Cap less than or equal to 24.00 1 .08 8.875 360.00 .00 75.00 $123,750
Gross Life Cap greater than 25.00 3 .11 11.521 359.41 .59 77.78 $66,400
______________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
======================================================================================================================
<CAPTION>
Gross Life Cap
_________________________________________________________________________________
Total
Gross Current
Life Cap Balance
<S> <C>
10.00% less than Gross Life Cap less than or equal to 10.25 $55,964.29
10.75% less than Gross Life Cap less than or equal to 11.00 $41,200.00
11.00% less than Gross Life Cap less than or equal to 11.25 $323,706.63
11.25% less than Gross Life Cap less than or equal to 11.50 $96,000.00
11.75% less than Gross Life Cap less than or equal to 12.00 $151,956.46
12.50% less than Gross Life Cap less than or equal to 12.75 $65,300.00
12.75% less than Gross Life Cap less than or equal to 13.00 $599,895.69
13.00% less than Gross Life Cap less than or equal to 13.25 $989,894.06
13.25% less than Gross Life Cap less than or equal to 13.50 $1,631,722.67
13.50% less than Gross Life Cap less than or equal to 13.75 $6,318,937.56
13.75% less than Gross Life Cap less than or equal to 14.00 $7,614,455.65
14.00% less than Gross Life Cap less than or equal to 14.25 $12,763,892.13
14.25% less than Gross Life Cap less than or equal to 14.50 $8,224,956.44
14.50% less than Gross Life Cap less than or equal to 14.75 $30,202,861.37
14.75% less than Gross Life Cap less than or equal to 15.00 $10,265,824.47
15.00% less than Gross Life Cap less than or equal to 15.25 $17,300,062.00
15.25% less than Gross Life Cap less than or equal to 15.50 $6,384,630.01
15.50% less than Gross Life Cap less than or equal to 15.75 $16,796,098.33
15.75% less than Gross Life Cap less than or equal to 16.00 $8,623,223.08
16.00% less than Gross Life Cap less than or equal to 16.25 $3,274,071.80
16.25% less than Gross Life Cap less than or equal to 16.50 $4,515,420.42
16.50% less than Gross Life Cap less than or equal to 16.75 $3,946,481.25
16.75% less than Gross Life Cap less than or equal to 17.00 $4,175,346.80
17.00% less than Gross Life Cap less than or equal to 17.25 $1,770,686.19
17.25% less than Gross Life Cap less than or equal to 17.50 $2,730,449.89
17.50% less than Gross Life Cap less than or equal to 17.75 $1,226,080.50
17.75% less than Gross Life Cap less than or equal to 18.00 $1,994,510.52
18.00% less than Gross Life Cap less than or equal to 18.25 $639,722.27
18.25% less than Gross Life Cap less than or equal to 18.50 $752,283.29
18.50% less than Gross Life Cap less than or equal to 18.75 $419,981.52
18.75% less than Gross Life Cap less than or equal to 19.00 $379,412.83
19.00% less than Gross Life Cap less than or equal to 19.25 $172,064.59
19.25% less than Gross Life Cap less than or equal to 19.50 $91,600.37
19.50% less than Gross Life Cap less than or equal to 19.75 $64,936.10
20.25% less than Gross Life Cap less than or equal to 20.50 $284,222.87
23.00% less than Gross Life Cap less than or equal to 24.00 $123,750.00
Gross Life Cap greater than 25.00 $169,582.16
______________________________________________________________________________
Total..... $155,181,184.21
==============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
Gross Life Floor
_____________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Life Floor Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
2.50% less than Life Floor less than or equal to 3.00% 1 .10 8.750 358.00 2.00 86.11 $155,000
3.00% less than Life Floor less than or equal to 3.50% 1 .06 9.000 341.00 19.00 61.27 $91,000
3.50% less than Life Floor less than or equal to 4.00% 1 .08 9.990 359.00 1.00 76.97 $127,000
4.00% less than Life Floor less than or equal to 4.25% 1 .04 8.950 331.00 29.00 65.00 $59,150
4.75% less than Life Floor less than or equal to 5.00% 2 .32 8.838 359.00 1.00 78.94 $388,000
5.00% less than Life Floor less than or equal to 5.25% 17 .97 9.347 354.01 5.99 77.99 $216,000
5.25% less than Life Floor less than or equal to 5.50% 15 1.03 9.613 352.27 1.78 76.61 $224,000
5.50% less than Life Floor less than or equal to 5.75% 13 .77 10.065 356.60 3.40 73.55 $300,000
5.75% less than Life Floor less than or equal to 6.00% 10 .69 10.494 353.14 6.86 74.77 $207,000
6.00% less than Life Floor less than or equal to 6.25% 1 .04 9.950 358.00 2.00 49.91 $57,400
6.25% less than Life Floor less than or equal to 6.50% 11 .66 10.776 355.39 4.61 74.41 $240,000
6.50% less than Life Floor less than or equal to 6.75% 9 .67 9.438 357.72 2.28 75.05 $424,000
6.75% less than Life Floor less than or equal to 7.00% 35 1.87 7.431 357.98 2.02 74.31 $180,500
7.00% less than Life Floor less than or equal to 7.25% 52 3.07 7.738 358.23 1.77 75.05 $208,000
7.25% less than Life Floor less than or equal to 7.50% 34 2.20 8.549 351.56 2.73 75.83 $365,000
7.50% less than Life Floor less than or equal to 7.75% 165 9.42 7.934 358.49 1.51 75.59 $300,000
7.75% less than Life Floor less than or equal to 8.00% 78 4.38 8.337 357.76 2.24 75.68 $380,000
8.00% less than Life Floor less than or equal to 8.25% 169 8.94 8.303 358.97 1.03 74.42 $374,000
8.25% less than Life Floor less than or equal to 8.50% 81 4.90 8.622 358.93 1.07 73.74 $325,125
8.50% less than Life Floor less than or equal to 8.75% 298 16.11 8.833 358.82 1.18 73.78 $450,000
8.75% less than Life Floor less than or equal to 9.00% 113 6.04 9.050 357.24 1.69 74.42 $343,000
9.00% less than Life Floor less than or equal to 9.25% 169 8.25 9.340 357.87 1.61 72.36 $254,000
9.25% less than Life Floor less than or equal to 9.50% 83 4.37 9.518 358.12 1.88 70.71 $247,749
9.50% less than Life Floor less than or equal to 9.75% 185 8.34 9.753 352.42 1.60 64.11 $375,000
9.75% less than Life Floor less than or equal to 10.00% 95 4.64 10.025 356.22 1.70 66.17 $248,000
10.00% less than Life Floor less than or equal to 10.25% 29 1.67 9.990 357.71 2.29 71.40 $189,800
10.25% less than Life Floor less than or equal to 10.50% 32 1.82 10.469 357.33 2.67 69.08 $272,200
10.50% less than Life Floor less than or equal to 10.75% 24 1.64 10.496 356.64 3.36 73.39 $212,000
10.75% less than Life Floor less than or equal to 11.00% 32 1.92 10.860 349.00 2.94 66.94 $202,500
11.00% less than Life Floor less than or equal to 11.25% 14 .70 10.517 357.77 2.23 73.27 $211,500
11.25% less than Life Floor less than or equal to 11.50% 25 1.44 11.204 356.87 3.13 71.49 $195,000
11.50% less than Life Floor less than or equal to 11.75% 13 .42 11.311 357.77 2.23 60.96 $130,000
11.75% less than Life Floor less than or equal to 12.00% 22 .97 11.844 357.69 2.31 62.05 $180,000
12.00% less than Life Floor less than or equal to 12.25% 10 .38 12.121 357.60 2.40 60.90 $95,000
12.25% less than Life Floor less than or equal to 12.50% 7 .35 12.190 355.18 4.82 67.58 $120,250
12.50% less than Life Floor less than or equal to 12.75% 4 .27 12.670 357.31 2.69 66.13 $155,000
12.75% less than Life Floor less than or equal to 13.00% 6 .24 12.655 356.84 3.16 67.08 $113,100
13.00% less than Life Floor less than or equal to 13.25% 2 .11 13.089 358.63 1.37 69.79 $93,350
13.25% less than Life Floor less than or equal to 13.50% 2 .07 13.356 354.98 5.02 65.00 $78,650
13.50% less than Life Floor less than or equal to 13.75% 1 .04 12.750 354.00 6.00 65.00 $65,000
______________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
======================================================================================================================
<CAPTION>
Gross Life Floor
_______________________________________________________________________________
Total
Gross Current
Life Floor Balance
<S> <C>
2.50% less than Life Floor less than or equal to 3.00% $151,956.46
3.00% less than Life Floor less than or equal to 3.50% $89,913.91
3.50% less than Life Floor less than or equal to 4.00% $126,886.93
4.00% less than Life Floor less than or equal to 4.25% $57,749.96
4.75% less than Life Floor less than or equal to 5.00% $492,625.00
5.00% less than Life Floor less than or equal to 5.25% $1,499,595.61
5.25% less than Life Floor less than or equal to 5.50% $1,596,330.68
5.50% less than Life Floor less than or equal to 5.75% $1,194,374.73
5.75% less than Life Floor less than or equal to 6.00% $1,071,167.86
6.00% less than Life Floor less than or equal to 6.25% $57,374.33
6.25% less than Life Floor less than or equal to 6.50% $1,030,245.31
6.50% less than Life Floor less than or equal to 6.75% $1,037,378.23
6.75% less than Life Floor less than or equal to 7.00% $2,898,053.54
7.00% less than Life Floor less than or equal to 7.25% $4,767,106.80
7.25% less than Life Floor less than or equal to 7.50% $3,407,352.56
7.50% less than Life Floor less than or equal to 7.75% $14,621,865.62
7.75% less than Life Floor less than or equal to 8.00% $6,792,280.40
8.00% less than Life Floor less than or equal to 8.25% $13,878,445.69
8.25% less than Life Floor less than or equal to 8.50% $7,609,745.91
8.50% less than Life Floor less than or equal to 8.75% $25,001,082.84
8.75% less than Life Floor less than or equal to 9.00% $9,369,418.88
9.00% less than Life Floor less than or equal to 9.25% $12,801,565.36
9.25% less than Life Floor less than or equal to 9.50% $6,785,977.77
9.50% less than Life Floor less than or equal to 9.75% $12,946,267.33
9.75% less than Life Floor less than or equal to 10.00% $7,201,235.85
10.00% less than Life Floor less than or equal to 10.25% $2,599,236.82
10.25% less than Life Floor less than or equal to 10.50% $2,821,532.44
10.50% less than Life Floor less than or equal to 10.75% $2,548,239.95
10.75% less than Life Floor less than or equal to 11.00% $2,977,789.66
11.00% less than Life Floor less than or equal to 11.25% $1,092,701.05
11.25% less than Life Floor less than or equal to 11.50% $2,229,031.91
11.50% less than Life Floor less than or equal to 11.75% $657,813.60
11.75% less than Life Floor less than or equal to 12.00% $1,502,543.35
12.00% less than Life Floor less than or equal to 12.25% $584,436.34
12.25% less than Life Floor less than or equal to 12.50% $535,527.73
12.50% less than Life Floor less than or equal to 12.75% $419,981.52
12.75% less than Life Floor less than or equal to 13.00% $378,976.77
13.00% less than Life Floor less than or equal to 13.25% $172,064.59
13.25% less than Life Floor less than or equal to 13.50% $110,374.82
13.50% less than Life Floor less than or equal to 13.75% $64,936.10
____________________________________________________________________________
Total..... $155,181,184.21
============================================================================
</TABLE>
<TABLE>
<CAPTION>
NEXT INTEREST ADJUSTMENT DATE
______________________________________________________________________________________________________________
Next
Interest WA WA Max. Orig Total
Adjustment # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
07/01/96 139 6.89 9.201 352.88 5.72 74.18 $210,000 $10,690,643.28
08/01/96 157 7.93 8.844 355.38 2.67 71.04 $199,000 $12,304,167.86
09/01/96 244 13.33 8.945 357.14 2.05 73.33 $424,000 $20,680,896.66
10/01/96 273 15.20 9.336 356.90 2.28 73.41 $408,000 $23,582,473.99
11/01/96 411 22.59 9.215 358.38 1.35 71.89 $388,000 $35,057,871.77
12/01/96 410 22.39 9.044 357.18 .59 71.56 $380,000 $34,738,445.36
01/01/97 3 .25 10.149 355.00 5.00 76.43 $202,500 $390,711.58
02/01/97 4 .21 10.124 356.00 4.00 72.88 $109,900 $318,142.08
03/01/97 14 .81 10.736 354.73 5.27 72.33 $272,200 $1,255,355.86
04/01/97 41 2.45 9.129 358.00 2.00 70.81 $247,749 $3,808,106.34
05/01/97 64 3.54 9.044 358.75 1.25 73.31 $450,000 $5,486,021.43
06/01/97 102 4.43 8.966 360.00 .00 70.77 $227,500 $6,868,348.00
______________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
==============================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
PERIODIC INTEREST CAP
______________________________________________________________________________________________________________
Periodic WA WA Max. Orig Total
Interest # % Rem WA Orig Loan Current
Cap Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1.00% 1,280 70.55 9.288 356.77 1.75 72.10 $424,000 $109,479,958.45
1.50% 22 1.59 9.952 356.74 3.26 74.12 $408,000 $2,460,179.76
2.00% 559 27.77 8.665 358.08 1.92 72.76 $450,000 $43,097,113.19
3.00% 1 .09 9.750 358.00 2.00 79.55 $144,000 $143,932.81
</TABLE>
* 3/3/1 loans have a periodic cap of 1% for the first two reset periods followed
by a constant periodic cap of 2% per annum, the table above only represents
the constant 2%.
<TABLE>
<CAPTION>
______________________________________________________________________________________________________________
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
==============================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
___________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 26 .37 10.070 358.91 1.09 55.11 $25,000
25,000 less than Balance less than or equal to 50,000 426 10.91 9.377 356.74 1.68 65.45 $50,000
50,000 less than Balance less than or equal to 75,000 563 22.71 9.133 357.90 1.83 71.13 $75,000
75,000 less than Balance less than or equal to 100,000 383 21.61 9.129 357.91 1.64 72.50 $100,000
100,000 less than Balance less than or equal to 150,000 303 23.16 9.065 356.77 2.02 74.63 $150,000
150,000 less than Balance less than or equal to 203,150 103 11.42 8.993 358.04 1.96 74.51 $203,000
203,150 less than Balance less than or equal to 250,000 38 5.44 9.374 357.95 2.05 74.93 $250,000
250,000 less than Balance less than or equal to 300,000 6 1.07 9.052 358.64 1.36 71.53 $300,000
300,000 less than Balance less than or equal to 350,000 5 1.04 8.519 359.60 .40 73.65 $343,000
350,000 less than Balance less than or equal to 400,000 6 1.45 8.531 328.42 1.66 76.08 $388,000
400,000 less than Balance less than or equal to 450,000 3 .82 8.965 358.02 1.98 79.53 $450,000
__________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
==========================================================================================================================
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
__________________________________________________________________________________
Total
Original Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to 25,000 $577,997.03
25,000 less than Balance less than or equal to 50,000 $16,925,154.74
50,000 less than Balance less than or equal to 75,000 $35,235,558.46
75,000 less than Balance less than or equal to 100,000 $33,535,335.02
100,000 less than Balance less than or equal to 150,000 $35,942,390.14
150,000 less than Balance less than or equal to 203,150 $17,722,240.20
203,150 less than Balance less than or equal to 250,000 $8,444,646.07
250,000 less than Balance less than or equal to 300,000 $1,659,941.92
300,000 less than Balance less than or equal to 350,000 $1,610,420.35
350,000 less than Balance less than or equal to 400,000 $2,250,880.19
400,000 less than Balance less than or equal to 450,000 $1,276,620.09
_______________________________________________________________________________
Total..... $155,181,184.21
===============================================================================
</TABLE>
<TABLE>
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Current # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 26 .37 10.070 358.91 1.09 55.11 $25,000
25,000 less than Balance less than or equal to 50,000 430 11.04 9.378 356.68 1.76 65.52 $52,600
50,000 less than Balance less than or equal to 75,000 561 22.67 9.133 357.91 1.82 71.19 $76,400
75,000 less than Balance less than or equal to 100,000 383 21.64 9.131 357.91 1.65 72.48 $105,000
100,000 less than Balance less than or equal to 150,000 301 23.04 9.060 356.80 1.98 74.59 $150,000
150,000 less than Balance less than or equal to 200,000 99 10.90 8.998 358.10 1.90 74.50 $200,000
200,000 less than Balance less than or equal to 250,000 42 5.96 9.331 357.84 2.16 74.91 $250,000
250,000 less than Balance less than or equal to 300,000 6 1.07 9.052 358.64 1.36 71.53 $300,000
300,000 less than Balance less than or equal to 350,000 5 1.04 8.519 359.60 .40 73.65 $343,000
350,000 less than Balance less than or equal to 400,000 6 1.45 8.531 328.42 1.66 76.08 $388,000
400,000 less than Balance less than or equal to 450,000 3 .82 8.965 358.02 1.98 79.53 $450,000
__________________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000
==========================================================================================================================
<CAPTION>
CURRENT MORTGAGE AMOUNT
______________________________________________________________________________
Total
Current Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to 25,000 $577,997.03
25,000 less than Balance less than or equal to 50,000 $17,124,284.64
50,000 less than Balance less than or equal to 75,000 $35,176,823.70
75,000 less than Balance less than or equal to 100,000 $33,583,217.76
100,000 less than Balance less than or equal to 150,000 $35,754,112.26
150,000 less than Balance less than or equal to 200,000 $16,912,726.67
200,000 less than Balance less than or equal to 250,000 $9,254,159.60
250,000 less than Balance less than or equal to 300,000 $1,659,941.92
300,000 less than Balance less than or equal to 350,000 $1,610,420.35
350,000 less than Balance less than or equal to 400,000 $2,250,880.19
400,000 less than Balance less than or equal to 450,000 $1,276,620.09
______________________________________________________________________________
Total..... $155,181,184.21
==============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GEOGRAPHIC DISTRIBUTION
__________________________________________________________________________________________________________________________________
Calc.
WA WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Curr Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE LTV LTV Amount Amount Balance Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AL 1 .04 9.250 343.00 17.00 17.00 17.00 79.07 77.88 $66,975 $66,975 $66,975 $66,975
AR 2 .08 9.296 355.37 4.63 3.00 6.00 76.55 76.34 $59,946 $71,742 $131,688 $65,844
AZ 24 1.54 9.076 329.27 2.57 .00 6.00 71.81 71.74 $35,600 $374,101 $2,391,439 $99,643
CA 118 9.26 8.959 358.19 1.81 .00 29.00 74.11 73.98 $20,000 $423,539 $14,362,658 $121,717
CO 33 2.12 9.034 358.83 1.17 .00 8.00 71.43 71.37 $33,400 $372,779 $3,295,126 $99,852
CT 31 2.02 9.285 353.94 1.28 .00 9.00 66.31 66.21 $49,977 $248,000 $3,137,044 $101,195
DC 12 .62 9.018 357.86 2.14 .00 11.00 69.49 69.44 $36,000 $140,000 $962,780 $80,232
DE 8 .42 8.191 359.23 .77 .00 5.00 76.04 75.90 $45,450 $114,479 $645,669 $80,709
FL 52 2.28 8.987 359.14 .86 .00 11.00 69.54 69.48 $25,000 $227,500 $3,535,564 $67,992
GA 34 1.41 9.053 358.00 2.00 .00 7.00 73.48 73.43 $16,500 $202,201 $2,183,782 $64,229
IA 3 .08 9.648 359.20 .80 .00 4.00 66.21 66.20 $24,982 $57,800 $124,782 $41,594
ID 25 .98 8.643 357.13 2.87 .00 17.00 76.47 75.94 $37,712 $91,957 $1,519,953 $60,798
IL 151 9.56 8.835 357.91 1.45 .00 17.00 72.90 72.83 $25,000 $449,741 $14,835,073 $98,246
IN 48 1.69 8.902 357.22 2.78 .00 13.00 76.08 75.87 $29,183 $156,000 $2,619,995 $54,583
KS 18 .63 9.135 358.45 1.55 .00 8.00 79.11 79.06 $13,995 $106,453 $978,176 $54,343
KY 18 .75 9.322 355.98 4.02 1.00 12.00 77.22 76.60 $26,796 $155,040 $1,168,830 $64,935
MA 51 3.00 9.611 358.37 1.63 .00 8.00 68.95 68.92 $25,000 $219,917 $4,650,869 $91,194
MD 36 2.27 9.290 358.19 1.81 .00 12.00 72.35 72.32 $26,312 $272,089 $3,518,046 $97,723
ME 34 1.41 9.347 358.93 1.07 .00 7.00 67.12 67.09 $28,500 $164,926 $2,182,552 $64,193
MI 168 7.19 9.478 355.54 1.81 .00 15.00 72.84 72.79 $25,000 $238,000 $11,160,107 $66,429
MN 37 1.94 9.122 358.13 1.87 .00 6.00 70.73 70.35 $28,000 $239,804 $3,017,468 $81,553
MO 51 2.44 9.094 357.91 2.09 .00 19.00 74.25 74.00 $19,988 $330,000 $3,790,161 $74,317
MS 3 .17 8.928 358.16 1.84 1.00 2.00 80.00 79.93 $39,977 $155,827 $256,571 $85,524
MT 1 .03 11.890 358.00 2.00 2.00 2.00 55.26 55.24 $41,988 $41,988 $41,988 $41,988
NC 22 1.21 9.376 356.59 3.41 .00 16.00 77.18 77.01 $23,891 $203,863 $1,872,071 $85,094
ND 2 .06 7.941 360.00 .00 .00 .00 64.80 64.80 $35,000 $63,920 $98,920 $49,460
NE 3 .10 8.380 360.00 .00 .00 .00 71.70 71.70 $25,300 $69,600 $155,350 $51,783
NH 14 .71 9.221 359.19 .81 .00 3.00 72.20 72.19 $26,800 $196,800 $1,105,942 $78,996
NJ 82 5.40 9.472 357.64 2.36 .00 15.00 69.33 69.26 $29,000 $232,000 $8,379,683 $102,191
NM 16 1.12 8.893 358.63 1.37 .00 14.00 68.28 67.79 $27,000 $371,000 $1,733,995 $108,375
NV 21 1.40 9.120 357.17 2.83 .00 12.00 75.46 75.38 $57,000 $183,181 $2,170,138 $103,340
NY 101 5.52 9.800 354.60 1.83 .00 11.00 64.53 64.47 $24,700 $248,500 $8,569,787 $84,849
OH 174 7.78 9.351 358.29 1.71 .00 13.00 75.07 74.90 $16,892 $244,000 $12,072,470 $69,382
OK 1 .02 7.250 360.00 .00 .00 .00 80.00 80.00 $26,400 $26,400 $26,400 $26,400
OR 74 3.63 8.359 358.54 1.46 .00 7.00 73.02 72.92 $31,260 $202,842 $5,626,060 $76,028
PA 90 4.38 9.188 358.34 1.66 .00 19.00 72.31 72.25 $19,500 $254,000 $6,801,725 $75,575
RI 10 .70 9.302 357.08 2.92 .00 11.00 77.27 77.17 $69,800 $202,883 $1,083,239 $108,324
SC 5 .18 8.426 357.92 2.08 1.00 3.00 76.05 75.92 $29,232 $107,800 $277,946 $55,589
SD 4 .11 8.636 358.54 1.46 .00 8.00 74.34 74.32 $24,729 $52,800 $171,729 $42,932
TN 12 .46 8.461 359.24 .76 .00 3.00 69.96 69.94 $36,731 $100,000 $718,343 $59,862
TX 10 .35 8.740 357.43 2.57 .00 13.00 69.63 69.54 $24,150 $96,000 $540,449 $54,045
UT 55 3.42 8.743 357.29 1.83 .00 13.00 73.29 73.02 $26,000 $403,340 $5,306,857 $96,488
VA 20 1.05 8.348 354.93 1.77 .00 14.00 71.96 71.90 $26,200 $180,500 $1,636,522 $81,826
VT 12 .57 8.767 359.06 .94 .00 10.00 70.22 70.19 $41,777 $145,902 $877,478 $73,123
WA 111 6.56 9.087 357.90 2.10 .00 17.00 73.25 73.17 $29,250 $304,795 $10,180,316 $91,715
WI 64 3.35 8.981 358.40 1.60 .00 12.00 75.32 75.24 $27,200 $343,000 $5,198,468 $81,226
__________________________________________________________________________________________________________________________________
Total.. 1,862 100.00% 9.126 357.14 1.82 .00 29.00 72.32 72.20 $13,995 $449,741 $155,181,184 $83,341
==================================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
PROPERTY-TYPE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Single-family 1,765 93.75 9.113 357.21 1.84 72.41 $424,000 $145,483,298.09
Deminimus PUD 8 .73 9.521 358.58 1.42 81.48 $408,000 $1,126,355.69
Manufactured Housing 3 .18 8.914 359.83 .17 76.58 $140,892 $281,141.99
Townhouses 1 .07 8.890 359.00 1.00 80.00 $114,000 $113,936.29
Condominiums 6 .27 8.739 358.19 1.81 68.35 $197,300 $426,136.67
2-4 Family 78 4.92 9.327 355.37 1.49 69.50 $450,000 $7,635,356.57
Other 1 .07 10.990 358.00 2.00 58.00 $115,000 $114,958.91
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
OCCUPANCY
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Owner Occ. 1,812 97.12 9.113 357.13 1.80 72.49 $424,000 $150,717,283.35
Investor 18 1.15 9.560 357.78 2.22 66.93 $300,000 $1,791,325.44
Vacation/Second Home 4 .15 9.224 358.14 1.86 57.63 $87,500 $228,283.19
Rental 28 1.58 9.600 357.15 2.85 67.04 $450,000 $2,444,292.23
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN-PURPOSE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Purchase 101 7.22 9.848 350.58 3.41 74.17 $424,000 $11,199,340.23
Refinance/No ETO 1,522 84.07 9.036 357.62 1.69 73.27 $450,000 $130,459,543.53
Refinance/ETO 117 4.18 9.233 357.62 1.55 58.88 $210,000 $6,484,258.45
Debt Consolidation 122 4.54 9.557 358.10 1.90 64.20 $180,000 $7,038,042.00
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
BALLOON LOANS
________________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
BALLOON CODE Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
No 1,858 99.60 9.122 357.87 1.81 72.35 $450,000 $154,560,358.65
Yes 4 .40 10.123 174.71 5.29 65.60 $375,000 $620,825.56
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN RATING
______________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Rating Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 112 7.15 8.306 352.66 1.27 72.72 $388,000 $11,101,070.18
B 649 35.94 9.067 357.38 2.02 75.53 $424,000 $55,771,441.65
B+ 354 21.53 8.659 358.23 1.77 74.22 $450,000 $33,416,294.57
B- 376 19.43 9.420 357.32 1.82 72.22 $371,000 $30,154,586.66
C 371 15.94 9.901 356.90 1.68 62.46 $238,000 $24,737,791.15
______________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
==============================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ARM INDEX
___________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Arm Index Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 MONTH LIBOR 4 .20 9.480 346.97 13.03 73.06 $148,000 $317,094.58
12 MONTH LIBOR 234 12.10 9.222 358.30 1.70 71.80 $450,000 $18,774,051.63
1M LIBOR (ADJ 3/3/1) 322 15.53 8.232 358.04 1.96 73.49 $248,500 $24,095,834.16
6 MONTH LIBOR 1,302 72.17 9.301 356.78 1.78 72.15 $424,000 $111,994,203.84
___________________________________________________________________________________________________________________
Total..... 1,862 100.00% 9.126 357.14 1.82 72.32 $450,000 $155,181,184.21
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
________________________________________________________________________________
- MONEY STORE HEL - MON6B
- Cut Off Date of Tape is 6/96
- FIXED RATE HOME IMPROV. COLLATERAL
- $79,267,058.64
________________________________________________________________________________
Number of Mortgage Loans: 5,043
Product Type: First, Second and Third Lien Loans
Aggregate Unpaid Principal Balance: $79,267,058.64
Aggregate Original Principal Balance: $79,575,974.07
Weighted Average Gross Coupon: 12.537%
Gross Coupon Range: 5.650% - 18.990%
________________________________________________________________________________
Average Unpaid Principal Balance: $15,718.23
Average Original Principal Balance: $15,779.49
Maximum Unpaid Principal Balance: $53,782.41
Minimum Unpaid Principal Balance: $1,570.00
Maximum Original Principal Balance: $54,147.00
Minimum Original Principal Balance: $1,570.00
Weighted Avg. Stated Rem. Term (LPD to Mat Date): 196.510
Stated Rem Term Range: 22.000 - 300.000
Weighted Average Age (First Pay thru Last Pay): 2.403
Age Range: 0.000 - 15.000
Weighted Average Original Term: 198.912
Original Term Range: 24.000 - 300.000
Weighted Average Original LTV: 82.405 * excluding
46 loans
Original LTV Range: 0.100% - 125.000% missing ltv
________________________________________________________________________________
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GROSS COUPON
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Coupon Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
5.50% less than Gross Coupon less than or equal to 5.75% 1 .02 5.650 239.00 1.00 87.00 $13,183
7.75% less than Gross Coupon less than or equal to 8.00% 1 .02 7.990 118.00 2.00 77.00 $15,500
8.25% less than Gross Coupon less than or equal to 8.50% 1 .02 8.500 118.00 2.00 79.00 $17,975
8.50% less than Gross Coupon less than or equal to 8.75% 1 .01 8.750 117.00 3.00 18.00 $10,900
8.75% less than Gross Coupon less than or equal to 9.00% 2 .04 8.990 151.61 2.57 51.60 $16,700
9.75% less than Gross Coupon less than or equal to 10.00% 146 3.06 9.989 206.75 1.69 82.53 $40,345
10.25% less than Gross Coupon less than or equal to 10.50% 26 .72 10.500 203.47 1.58 63.84 $45,738
10.50% less than Gross Coupon less than or equal to 10.75% 2 .07 10.750 237.44 2.56 102.89 $31,250
10.75% less than Gross Coupon less than or equal to 11.00% 464 11.61 10.990 212.02 2.27 82.56 $50,244
11.00% less than Gross Coupon less than or equal to 11.25% 4 .07 11.250 196.80 1.39 87.60 $25,000
11.25% less than Gross Coupon less than or equal to 11.50% 278 5.66 11.500 183.49 2.49 72.09 $50,000
11.50% less than Gross Coupon less than or equal to 11.75% 61 .88 11.750 162.72 2.67 66.01 $27,800
11.75% less than Gross Coupon less than or equal to 12.00% 989 20.74 11.990 201.58 2.34 80.78 $51,764
12.00% less than Gross Coupon less than or equal to 12.25% 66 1.15 12.250 193.21 2.14 75.29 $35,000
12.25% less than Gross Coupon less than or equal to 12.50% 239 4.55 12.498 185.04 2.40 74.87 $54,147
12.50% less than Gross Coupon less than or equal to 12.75% 122 2.51 12.750 212.20 2.82 78.95 $35,000
12.75% less than Gross Coupon less than or equal to 13.00% 1,551 27.75 12.990 188.54 2.50 81.12 $50,000
13.00% less than Gross Coupon less than or equal to 13.25% 67 1.32 13.249 195.38 2.11 83.90 $35,000
13.25% less than Gross Coupon less than or equal to 13.50% 135 2.58 13.481 189.89 2.49 83.27 $50,000
13.50% less than Gross Coupon less than or equal to 13.75% 188 3.51 13.746 191.43 2.15 92.86 $35,000
13.75% less than Gross Coupon less than or equal to 14.00% 392 8.12 13.991 204.72 2.52 88.31 $50,000
14.00% less than Gross Coupon less than or equal to 14.25% 26 .52 14.250 208.66 2.29 102.73 $25,796
14.25% less than Gross Coupon less than or equal to 14.50% 31 .74 14.498 208.91 2.19 100.36 $43,420
14.50% less than Gross Coupon less than or equal to 14.75% 12 .34 14.750 215.09 2.27 94.07 $47,000
14.75% less than Gross Coupon less than or equal to 15.00% 172 2.75 14.987 185.49 2.56 82.89 $49,895
15.00% less than Gross Coupon less than or equal to 15.25% 21 .55 15.249 233.39 2.44 96.20 $29,636
15.25% less than Gross Coupon less than or equal to 15.50% 14 .23 15.498 152.71 5.38 94.85 $25,000
15.75% less than Gross Coupon less than or equal to 16.00% 18 .32 15.970 180.42 3.86 81.59 $35,000
16.25% less than Gross Coupon less than or equal to 16.50% 1 .01 16.490 118.00 2.00 96.00 $5,128
16.75% less than Gross Coupon less than or equal to 17.00% 7 .07 16.933 124.91 5.81 93.19 $13,614
17.00% less than Gross Coupon less than or equal to 17.25% 1 .01 17.240 236.00 4.00 109.00 $9,938
17.75% less than Gross Coupon less than or equal to 18.00% 2 .02 17.938 114.84 5.16 88.21 $7,611
18.75% less than Gross Coupon less than or equal to 19.00% 2 .04 18.990 218.88 4.00 106.14 $24,856
_________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
=========================================================================================================================
<CAPTION>
GROSS COUPON
_______________________________________________________________________________
Total
Gross Current
Coupon Balance
<S> <C>
5.50% less than Gross Coupon less than or equal to 5.75% $13,182.62
7.75% less than Gross Coupon less than or equal to 8.00% $15,410.42
8.25% less than Gross Coupon less than or equal to 8.50% $17,975.00
8.50% less than Gross Coupon less than or equal to 8.75% $10,661.15
8.75% less than Gross Coupon less than or equal to 9.00% $29,140.55
9.75% less than Gross Coupon less than or equal to 10.00% $2,429,031.42
10.25% less than Gross Coupon less than or equal to 10.50% $567,895.54
10.50% less than Gross Coupon less than or equal to 10.75% $56,013.03
10.75% less than Gross Coupon less than or equal to 11.00% $9,199,050.03
11.00% less than Gross Coupon less than or equal to 11.25% $56,682.93
11.25% less than Gross Coupon less than or equal to 11.50% $4,489,072.50
11.50% less than Gross Coupon less than or equal to 11.75% $693,872.00
11.75% less than Gross Coupon less than or equal to 12.00% $16,441,341.76
12.00% less than Gross Coupon less than or equal to 12.25% $915,097.74
12.25% less than Gross Coupon less than or equal to 12.50% $3,606,803.58
12.50% less than Gross Coupon less than or equal to 12.75% $1,985,674.97
12.75% less than Gross Coupon less than or equal to 13.00% $21,995,659.85
13.00% less than Gross Coupon less than or equal to 13.25% $1,043,582.72
13.25% less than Gross Coupon less than or equal to 13.50% $2,044,934.39
13.50% less than Gross Coupon less than or equal to 13.75% $2,783,888.81
13.75% less than Gross Coupon less than or equal to 14.00% $6,438,314.23
14.00% less than Gross Coupon less than or equal to 14.25% $411,725.19
14.25% less than Gross Coupon less than or equal to 14.50% $587,358.44
14.50% less than Gross Coupon less than or equal to 14.75% $271,682.51
14.75% less than Gross Coupon less than or equal to 15.00% $2,177,065.27
15.00% less than Gross Coupon less than or equal to 15.25% $438,593.43
15.25% less than Gross Coupon less than or equal to 15.50% $181,995.21
15.75% less than Gross Coupon less than or equal to 16.00% $250,405.00
16.25% less than Gross Coupon less than or equal to 16.50% $5,128.00
16.75% less than Gross Coupon less than or equal to 17.00% $52,073.56
17.00% less than Gross Coupon less than or equal to 17.25% $9,876.35
17.75% less than Gross Coupon less than or equal to 18.00% $13,088.86
18.75% less than Gross Coupon less than or equal to 19.00% $34,781.58
____________________________________________________________________________
Total..... $79,267,058.64
============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MATURITY
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Maturity Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
20 less than Original Maturity less than or equal to 30 4 .02 12.256 22.17 1.83 47.45 $5,750
30 less than Original Maturity less than or equal to 40 30 .15 12.550 33.65 2.35 54.27 $9,493
40 less than Original Maturity less than or equal to 50 29 .19 12.502 45.00 3.00 73.58 $18,129
50 less than Original Maturity less than or equal to 60 274 2.31 12.717 57.42 2.56 69.19 $21,000
70 less than Original Maturity less than or equal to 80 38 .31 12.670 69.64 2.36 74.80 $16,930
80 less than Original Maturity less than or equal to 90 173 1.73 12.562 81.60 2.40 71.38 $29,591
90 less than Original Maturity less than or equal to 100 72 .76 12.705 93.83 2.17 69.70 $20,300
100 less than Original Maturity less than or equal to 110 7 .08 12.420 105.73 2.27 70.61 $17,362
110 less than Original Maturity less than or equal to 120 999 12.84 12.545 117.51 2.47 73.74 $40,128
130 less than Original Maturity less than or equal to 140 5 .06 13.734 129.36 2.64 79.69 $14,166
140 less than Original Maturity less than or equal to 150 41 .60 12.688 141.56 2.65 76.12 $22,000
150 less than Original Maturity less than or equal to 160 2 .04 12.990 152.00 4.00 58.89 $18,000
160 less than Original Maturity less than or equal to 170 1 .02 11.990 167.00 1.00 95.00 $13,484
170 less than Original Maturity less than or equal to 180 1,524 29.37 12.529 177.56 2.44 80.26 $51,225
190 less than Original Maturity less than or equal to 200 2 .03 12.597 190.00 2.00 86.70 $17,000
210 less than Original Maturity less than or equal to 220 1 .02 13.990 214.00 2.00 28.00 $18,600
230 less than Original Maturity less than or equal to 240 1,740 48.25 12.611 237.58 2.42 85.81 $54,147
290 less than Original Maturity less than or equal to 300 101 3.22 11.234 298.58 1.42 85.73 $42,645
_________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
=========================================================================================================================
<CAPTION>
ORIGINAL MATURITY
_____________________________________________________________________________
Total
Original Current
Maturity Balance
<S> <C>
20 less than Original Maturity less than or equal to 30 $15,470.37
30 less than Original Maturity less than or equal to 40 $120,861.66
40 less than Original Maturity less than or equal to 50 $153,833.96
50 less than Original Maturity less than or equal to 60 $1,828,180.73
70 less than Original Maturity less than or equal to 80 $242,981.40
80 less than Original Maturity less than or equal to 90 $1,369,307.52
90 less than Original Maturity less than or equal to 100 $601,856.05
100 less than Original Maturity less than or equal to 110 $64,265.54
110 less than Original Maturity less than or equal to 120 $10,174,954.36
130 less than Original Maturity less than or equal to 140 $51,080.17
140 less than Original Maturity less than or equal to 150 $471,905.50
150 less than Original Maturity less than or equal to 160 $29,035.77
160 less than Original Maturity less than or equal to 170 $13,484.00
170 less than Original Maturity less than or equal to 180 $23,284,258.60
190 less than Original Maturity less than or equal to 200 $24,877.24
210 less than Original Maturity less than or equal to 220 $18,599.10
230 less than Original Maturity less than or equal to 240 $38,246,037.47
290 less than Original Maturity less than or equal to 300 $2,556,069.20
___________________________________________________________
Total..... $79,267,058.64
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
REMAINING TERM
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Remaining Term Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
12 less than Rem Term less than or equal to 24 4 .02 12.256 22.17 1.83 47.45 $5,750
24 less than Rem Term less than or equal to 36 30 .15 12.550 33.65 2.35 54.27 $9,493
36 less than Rem Term less than or equal to 48 29 .19 12.502 45.00 3.00 73.58 $18,129
48 less than Rem Term less than or equal to 60 274 2.31 12.717 57.42 2.56 69.19 $21,000
60 less than Rem Term less than or equal to 72 38 .31 12.670 69.64 2.36 74.80 $16,930
72 less than Rem Term less than or equal to 84 173 1.73 12.562 81.60 2.40 71.38 $29,591
84 less than Rem Term less than or equal to 96 72 .76 12.705 93.83 2.17 69.70 $20,300
96 less than Rem Term less than or equal to 108 7 .08 12.420 105.73 2.27 70.61 $17,362
108 less than Rem Term less than or equal to 120 999 12.84 12.545 117.51 2.47 73.74 $40,128
120 less than Rem Term less than or equal to 132 5 .06 13.734 129.36 2.64 79.69 $14,166
132 less than Rem Term less than or equal to 144 39 .58 12.708 141.32 2.68 75.61 $22,000
144 less than Rem Term less than or equal to 156 4 .06 12.682 150.75 3.12 70.19 $18,000
156 less than Rem Term less than or equal to 168 1 .02 11.990 167.00 1.00 95.00 $13,484
168 less than Rem Term less than or equal to 180 1,524 29.37 12.529 177.56 2.44 80.26 $51,225
180 less than Rem Term less than or equal to 192 2 .03 12.597 190.00 2.00 86.70 $17,000
204 less than Rem Term less than or equal to 216 1 .02 13.990 214.00 2.00 28.00 $18,600
216 less than Rem Term less than or equal to 228 1 .02 12.990 225.00 15.00 105.00 $14,810
228 less than Rem Term less than or equal to 240 1,739 48.23 12.611 237.58 2.42 85.80 $54,147
288 less than Rem Term less than or equal to 300 101 3.22 11.234 298.58 1.42 85.73 $42,645
_________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
=========================================================================================================================
<CAPTION>
REMAINING TERM
_____________________________________________________________________________
Total
Current
Remaining Term Balance
<S> <C>
12 less than Rem Term less than or equal to 24 $15,470.37
24 less than Rem Term less than or equal to 36 $120,861.66
36 less than Rem Term less than or equal to 48 $153,833.96
48 less than Rem Term less than or equal to 60 $1,828,180.73
60 less than Rem Term less than or equal to 72 $242,981.40
72 less than Rem Term less than or equal to 84 $1,369,307.52
84 less than Rem Term less than or equal to 96 $601,856.05
96 less than Rem Term less than or equal to 108 $64,265.54
108 less than Rem Term less than or equal to 120 $10,174,954.36
120 less than Rem Term less than or equal to 132 $51,080.17
132 less than Rem Term less than or equal to 144 $455,890.56
144 less than Rem Term less than or equal to 156 $45,050.71
156 less than Rem Term less than or equal to 168 $13,484.00
168 less than Rem Term less than or equal to 180 $23,284,258.60
180 less than Rem Term less than or equal to 192 $24,877.24
204 less than Rem Term less than or equal to 216 $18,599.10
216 less than Rem Term less than or equal to 228 $14,810.10
228 less than Rem Term less than or equal to 240 $38,231,227.37
288 less than Rem Term less than or equal to 300 $2,556,069.20
__________________________________________________________________________
Total..... $79,267,058.64
==========================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Age of Loan Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0 less than Age less than or equal to 12 5,042 99.98 12.537 196.50 2.40 81.66 $54,147
12 less than Age less than or equal to 24 1 .02 12.990 225.00 15.00 105.00 $14,810
_________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
=========================================================================================================================
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________
Total
Current
Age of Loan Balance
<S> <C>
0 less than Age less than or equal to 12 $79,252,248.54
12 less than Age less than or equal to 24 $14,810.10
_____________________________________________________________________________
Total..... $79,267,058.64
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINATION YEAR
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1995 190 3.26 13.629 179.75 5.44 82.10 $38,000 $2,587,829.07
1996 4,853 96.74 12.501 197.08 2.30 81.65 $54,147 $76,679,229.57
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LAST PAYMENT DATE (Assumed)
___________________________________________________________________________________________________________________
Last WA WA Max. Orig Total
Pay # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
06/01/96 5,043 100.00 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
ORIGINAL LTV RANGE
_________________________________________________________________________________________________________________________
WA WA Max. Orig
LTV # % Rem WA Orig Loan
RANGE Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
LTV = 0.000 46 .90 12.686 201.62 2.76 .00 $35,239
0.000 less than LTV less than or equal to 50.000 721 11.58 12.435 170.81 2.51 29.10 $51,764
50.000 less than LTV less than or equal to 55.000 99 1.73 12.462 185.28 2.47 53.16 $42,645
55.000 less than LTV less than or equal to 60.000 107 2.05 12.292 191.60 2.38 58.26 $38,500
60.000 less than LTV less than or equal to 65.000 126 2.30 12.432 184.43 2.12 62.93 $40,459
65.000 less than LTV less than or equal to 70.000 146 2.61 12.406 186.91 2.09 68.14 $50,000
70.000 less than LTV less than or equal to 75.000 287 5.72 12.378 195.34 2.52 73.26 $51,225
75.000 less than LTV less than or equal to 80.000 371 7.73 12.298 197.50 2.31 78.16 $50,244
80.000 less than LTV less than or equal to 85.000 433 8.49 12.485 195.65 2.41 82.90 $51,695
85.000 less than LTV less than or equal to 90.000 557 11.87 12.434 203.09 2.43 88.11 $50,000
90.000 less than LTV less than or equal to 95.000 692 13.83 12.404 198.07 2.38 93.09 $54,147
95.000 less than LTV less than or equal to 100.000 838 16.81 12.517 199.85 2.30 98.19 $40,000
100.000 less than LTV less than or equal to 120.000 569 13.05 13.149 211.24 2.50 108.81 $50,000
120.000 less than LTV less than or equal to 150.000 51 1.33 13.217 221.63 2.49 123.12 $37,987
_________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
=========================================================================================================================
<CAPTION>
ORIGINAL LTV RANGE
______________________________________________________________________________
Total
LTV Current
RANGE Balance
<S> <C>
LTV = 0.000 $713,387.16
0.000 less than LTV less than or equal to 50.000 $9,177,821.71
50.000 less than LTV less than or equal to 55.000 $1,370,336.11
55.000 less than LTV less than or equal to 60.000 $1,622,123.09
60.000 less than LTV less than or equal to 65.000 $1,820,997.44
65.000 less than LTV less than or equal to 70.000 $2,069,361.93
70.000 less than LTV less than or equal to 75.000 $4,532,258.37
75.000 less than LTV less than or equal to 80.000 $6,124,098.41
80.000 less than LTV less than or equal to 85.000 $6,733,716.29
85.000 less than LTV less than or equal to 90.000 $9,409,509.13
90.000 less than LTV less than or equal to 95.000 $10,962,473.63
95.000 less than LTV less than or equal to 100.000 $13,328,252.50
100.000 less than LTV less than or equal to 120.000 $10,345,267.47
120.000 less than LTV less than or equal to 150.000 $1,057,455.40
____________________________________________________________________________
Total..... $79,267,058.64
============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 4,514 78.56 12.677 186.92 2.41 81.50 $25,000
25,000 less than Balance less than or equal to 50,000 523 21.06 12.031 231.92 2.35 82.66 $50,000
50,000 less than Balance less than or equal to 75,000 6 .39 11.839 217.61 2.69 60.31 $54,147
__________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
==========================================================================================================================
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
_________________________________________________________________________________
Total
Original Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to 25,000 $62,268,313.17
25,000 less than Balance less than or equal to 50,000 $16,689,924.93
50,000 less than Balance less than or equal to 75,000 $308,820.54
_______________________________________________________________________________
Total..... $79,267,058.64
===============================================================================
</TABLE>
<TABLE>
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Current # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
Balance less than or equal to 25,000 4,517 78.65 12.674 186.90 2.41 81.51 $25,109
25,000 less than Balance less than or equal to 50,000 520 20.96 12.038 232.16 2.35 82.64 $50,000
50,000 less than Balance less than or equal to 75,000 6 .39 11.839 217.61 2.69 60.31 $54,147
__________________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147
==========================================================================================================================
<CAPTION>
CURRENT MORTGAGE AMOUNT
_______________________________________________________________________________
Total
Current Current
Mortgage Amt. Balance
<S> <C>
Balance less than or equal to 25,000 $62,343,186.27
25,000 less than Balance less than or equal to 50,000 $16,615,051.83
50,000 less than Balance less than or equal to 75,000 $308,820.54
_______________________________________________________________________________
Total..... $79,267,058.64
===============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GEOGRAPHIC DISTRIBUTION
_________________________________________________________________________________________________________________________________
Calc.
WA WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Curr Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE LTV LTV Amount Amount Balance Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AK 1 .03 11.750 236.00 4.00 4.00 4.00 91.00 90.84 $24,957 $24,957 $24,957 $24,957
AR 81 1.21 11.760 172.33 2.32 1.00 7.00 62.24 62.03 $4,000 $33,200 $956,490 $11,809
AZ 291 6.18 12.039 204.89 2.38 .00 6.00 88.13 87.93 $2,832 $50,230 $4,897,150 $16,829
CA 1,282 30.28 12.521 219.27 2.38 .00 15.00 89.84 89.57 $2,881 $53,782 $24,002,297 $18,723
CO 129 2.10 12.804 184.48 2.15 .00 5.00 82.90 82.70 $3,170 $35,000 $1,666,461 $12,918
CT 15 .30 12.948 197.90 2.10 1.00 4.00 76.95 76.58 $7,482 $30,000 $235,626 $15,708
DE 15 .18 13.129 128.10 3.79 1.00 8.00 82.65 81.64 $2,420 $18,451 $139,606 $9,307
FL 230 4.16 12.856 183.39 2.64 .00 8.00 87.31 86.84 $3,353 $35,159 $3,296,153 $14,331
GA 259 4.82 12.918 180.61 2.34 .00 5.00 77.91 77.73 $2,887 $35,000 $3,823,924 $14,764
IA 21 .25 12.811 150.09 2.07 1.00 3.00 57.04 56.91 $5,369 $14,465 $198,655 $9,460
ID 35 .64 12.540 203.41 2.06 .00 4.00 62.17 62.08 $4,400 $28,550 $503,500 $14,386
IL 199 3.91 12.971 191.45 2.07 .00 5.00 82.23 82.06 $2,205 $50,000 $3,101,505 $15,585
IN 34 .57 12.481 175.46 2.39 1.00 5.00 79.51 79.21 $2,319 $35,000 $454,545 $13,369
KS 17 .30 12.179 183.21 1.94 1.00 3.00 82.44 82.32 $3,507 $48,257 $241,057 $14,180
KY 11 .11 14.043 108.28 1.95 .00 3.00 79.45 79.22 $2,622 $11,160 $83,581 $7,598
MA 13 .31 13.021 195.47 1.55 1.00 3.00 91.26 91.13 $7,819 $50,000 $245,339 $18,872
MD 58 .93 12.972 176.48 2.10 1.00 4.00 94.99 94.74 $2,978 $25,000 $740,844 $12,773
ME 9 .16 13.525 181.02 2.01 1.00 3.00 80.86 80.75 $4,913 $33,400 $129,245 $14,361
MI 54 .77 13.319 163.64 1.82 1.00 5.00 81.14 80.90 $2,565 $34,952 $606,457 $11,231
MN 61 1.14 12.488 200.41 2.02 1.00 4.00 80.99 80.70 $5,296 $35,000 $900,541 $14,763
MO 59 .96 12.988 187.64 2.01 1.00 5.00 77.20 76.98 $2,680 $29,000 $763,146 $12,935
MS 196 3.26 12.585 169.19 3.61 .00 8.00 64.27 63.74 $2,500 $35,100 $2,585,830 $13,193
MT 1 .02 11.990 238.00 2.00 2.00 2.00 57.00 56.95 $16,584 $16,584 $16,584 $16,584
NC 62 1.15 13.039 184.40 2.92 1.00 7.00 77.11 76.73 $4,259 $33,839 $913,261 $14,730
NE 1 .01 12.990 59.00 1.00 1.00 1.00 .00 .00 $7,300 $7,300 $7,300 $7,300
NH 4 .06 13.265 158.67 1.81 1.00 2.00 80.89 80.89 $2,850 $25,000 $43,662 $10,916
NJ 231 4.94 12.772 185.61 2.41 1.00 8.00 76.93 76.63 $2,909 $50,000 $3,915,147 $16,949
NM 42 .87 12.872 218.82 2.07 .00 4.00 83.05 82.82 $4,959 $34,000 $687,470 $16,368
NV 200 4.70 11.766 214.89 2.37 .00 8.00 88.31 87.99 $2,975 $51,695 $3,722,760 $18,614
NY 169 4.14 12.693 206.03 2.53 1.00 7.00 78.87 78.57 $3,107 $49,992 $3,285,585 $19,441
OH 146 2.20 13.184 174.96 2.18 1.00 7.00 83.82 83.60 $2,155 $34,983 $1,744,393 $11,948
OK 7 .11 11.687 177.90 2.00 2.00 2.00 68.65 68.51 $6,438 $24,963 $83,723 $11,960
OR 52 .96 12.200 203.84 2.30 1.00 7.00 62.10 61.83 $1,882 $35,570 $764,757 $14,707
PA 174 2.66 12.738 170.16 2.27 1.00 6.00 71.02 70.75 $1,570 $34,980 $2,106,329 $12,105
RI 1 .01 12.990 177.00 3.00 3.00 3.00 86.60 86.03 $10,927 $10,927 $10,927 $10,927
SC 31 .53 12.730 191.39 2.37 1.00 4.00 71.83 71.64 $2,800 $40,125 $419,462 $13,531
SD 1 .01 12.990 117.00 3.00 3.00 3.00 16.00 15.87 $7,731 $7,731 $7,731 $7,731
TN 93 1.85 12.868 190.19 2.37 1.00 7.00 76.52 76.32 $2,694 $44,053 $1,464,844 $15,751
TX 499 8.34 11.928 154.95 2.49 .00 7.00 69.75 69.42 $2,433 $49,548 $6,610,710 $13,248
UT 35 .66 12.353 206.37 2.81 1.00 4.00 69.33 69.06 $4,667 $51,764 $523,428 $14,955
VA 19 .42 13.028 171.67 2.39 1.00 4.00 93.06 92.50 $5,036 $37,000 $329,901 $17,363
VT 1 .03 10.990 118.00 2.00 2.00 2.00 82.00 82.00 $21,404 $21,404 $21,404 $21,404
WA 179 3.34 12.654 212.67 2.35 .00 7.00 71.93 71.71 $3,015 $38,500 $2,644,647 $14,775
WI 13 .28 12.898 207.41 2.25 .00 3.00 80.71 80.59 $7,271 $30,000 $219,814 $16,909
WV 10 .15 13.704 176.43 2.81 2.00 5.00 61.19 60.91 $2,469 $27,999 $115,392 $11,539
WY 2 .01 12.444 118.00 2.00 2.00 2.00 80.33 77.97 $4,952 $5,967 $10,919 $5,459
__________________________________________________________________________________________________________________________________
Total.. 5,043 100.00%12.537 196.51 2.40 .00 15.00 81.66 81.39 $1,570 $53,782 $79,267,059 $15,718
==================================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
PROPERTY-TYPE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Single-family 4,984 99.08 12.536 196.68 2.39 81.92 $54,147 $78,540,785.06
Deminimus PUD 1 .01 12.990 59.00 1.00 100.80 $5,500 $5,500.00
Manufactured Housing 2 .02 11.913 147.26 2.00 49.72 $8,980 $13,188.59
2-4 Family 19 .36 12.701 197.97 3.05 21.29 $34,689 $289,300.03
Co-op 37 .53 12.679 166.54 4.64 76.59 $35,000 $418,284.96
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
OCCUPANCY
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Owner Occ. 5,027 99.79 12.533 196.62 2.40 81.65 $54,147 $79,096,942.98
Vacation/Second Home 16 .21 14.743 144.91 5.29 87.22 $19,818 $170,115.66
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN-PURPOSE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Home Improvement 5,043 100.00 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LIEN STATUS
________________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Lien Status Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 36 .77 13.031 204.37 2.56 87.00 $50,000 $610,122.30
2 4,992 99.03 12.529 196.55 2.39 81.61 $54,147 $78,494,303.01
3 15 .21 14.812 147.80 5.44 86.91 $19,818 $162,633.33
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN RATING
______________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Rating Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 2,007 39.73 12.046 197.41 2.41 80.72 $54,147 $31,496,050.59
B 1,207 23.29 13.115 194.43 2.52 81.40 $50,230 $18,460,401.89
B+ 1,729 34.91 12.702 196.44 2.30 83.36 $50,000 $27,671,863.43
B- 75 1.51 12.682 201.84 2.45 72.18 $40,224 $1,196,082.38
C 25 .56 12.818 208.65 3.18 79.20 $51,764 $442,660.35
______________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
==============================================================================================================
</TABLE>
<TABLE>
<CAPTION>
FHA INSURED
___________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
FHA Insured Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Yes 1,775 33.86 13.281 195.69 2.39 89.05 $50,000 $26,841,837.76
No 3,268 66.14 12.157 196.93 2.41 77.88 $54,147 $52,425,220.88
___________________________________________________________________________________________________________________
Total..... 5,043 100.00% 12.537 196.51 2.40 81.66 $54,147 $79,267,058.64
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
________________________________________________________________________________
- MONEY STORE HEL - MON6B
- Cut Off Date of Tape is 6/96
- FIXED RATE MULTI-FAMILY COLLATERAL
- $18,409,819.09
________________________________________________________________________________
Number of Mortgage Loans: 107
Product Type: First Lien Loans
Aggregate Unpaid Principal Balance: $18,409,819.09
Aggregate Original Principal Balance: $18,453,350.43
Weighted Average Gross Coupon: 11.650%
Gross Coupon Range: 9.990% - 14.990%
________________________________________________________________________________
Average Unpaid Principal Balance: $172,054.38
Average Original Principal Balance: $172,461.22
Maximum Unpaid Principal Balance: $846,805.27
Minimum Unpaid Principal Balance: $51,136.55
Maximum Original Principal Balance: $850,000.00
Minimum Original Principal Balance: $51,220.00
Weighted Avg. Stated Rem. Term(to Mat Date/Bln Date): 311.341
Stated Rem Term Range: 117.000 - 359.000
Weighted Average Age (First Pay thru Last Pay): 3.483
Age Range: 1.000 - 17.000
Weighted Average Original Term(to Mat Date/Bln Date): 314.824
Original Term Range: 120.000 - 360.000
Weighted Average Original LTV: 60.237
Original LTV Range: 38.000% - 100.000%
________________________________________________________________________________
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
GROSS COUPON
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Gross # % Rem WA Orig Loan
Coupon Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
9.75% less than Gross Coupon less than or equal to 10.00% 1 .73 9.990 179.00 1.00 63.00 $135,200
10.00% less than Gross Coupon less than or equal to 10.25% 1 1.66 10.120 358.00 2.00 56.00 $305,000
10.25% less than Gross Coupon less than or equal to 10.50% 2 1.82 10.290 357.67 2.33 58.95 $225,300
10.50% less than Gross Coupon less than or equal to 10.75% 5 6.52 10.681 357.44 2.56 58.65 $383,500
10.75% less than Gross Coupon less than or equal to 11.00% 15 19.60 10.979 311.86 3.44 59.86 $850,000
11.00% less than Gross Coupon less than or equal to 11.25% 6 8.96 11.169 297.89 3.93 52.05 $660,000
11.25% less than Gross Coupon less than or equal to 11.50% 25 23.38 11.408 342.37 3.01 60.31 $728,000
11.50% less than Gross Coupon less than or equal to 11.75% 7 5.98 11.679 316.06 3.24 65.25 $250,000
11.75% less than Gross Coupon less than or equal to 12.00% 12 8.78 11.939 326.85 3.06 59.94 $227,500
12.00% less than Gross Coupon less than or equal to 12.25% 5 2.80 12.150 355.89 4.11 60.56 $152,750
12.25% less than Gross Coupon less than or equal to 12.50% 8 5.39 12.475 284.87 4.95 59.83 $289,500
12.50% less than Gross Coupon less than or equal to 12.75% 2 1.80 12.750 177.47 2.53 67.64 $175,000
12.75% less than Gross Coupon less than or equal to 13.00% 9 5.85 12.990 231.59 3.69 63.64 $217,000
13.00% less than Gross Coupon less than or equal to 13.25% 1 .78 13.250 358.00 2.00 56.00 $143,000
13.25% less than Gross Coupon less than or equal to 13.50% 1 .66 13.500 355.00 5.00 70.00 $122,000
13.75% less than Gross Coupon less than or equal to 14.00% 3 1.96 13.990 176.79 3.21 65.00 $195,000
14.00% less than Gross Coupon less than or equal to 14.25% 1 .65 14.250 163.00 17.00 59.60 $120,000
14.25% less than Gross Coupon less than or equal to 14.50% 1 .65 14.500 165.00 15.00 100.00 $125,000
14.75% less than Gross Coupon less than or equal to 15.00% 2 2.04 14.963 296.02 4.00 60.00 $250,000
_________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
=========================================================================================================================
<CAPTION>
GROSS COUPON
_______________________________________________________________________________
Total
Gross Current
Coupon Balance
<S> <C>
9.75% less than Gross Coupon less than or equal to 10.00% $135,200.00
10.00% less than Gross Coupon less than or equal to 10.25% $305,000.00
10.25% less than Gross Coupon less than or equal to 10.50% $335,244.72
10.50% less than Gross Coupon less than or equal to 10.75% $1,201,176.76
10.75% less than Gross Coupon less than or equal to 11.00% $3,608,874.23
11.00% less than Gross Coupon less than or equal to 11.25% $1,649,313.34
11.25% less than Gross Coupon less than or equal to 11.50% $4,305,114.70
11.50% less than Gross Coupon less than or equal to 11.75% $1,100,340.48
11.75% less than Gross Coupon less than or equal to 12.00% $1,615,669.50
12.00% less than Gross Coupon less than or equal to 12.25% $516,181.63
12.25% less than Gross Coupon less than or equal to 12.50% $991,766.66
12.50% less than Gross Coupon less than or equal to 12.75% $330,919.93
12.75% less than Gross Coupon less than or equal to 13.00% $1,076,301.39
13.00% less than Gross Coupon less than or equal to 13.25% $143,000.00
13.25% less than Gross Coupon less than or equal to 13.50% $121,898.71
13.75% less than Gross Coupon less than or equal to 14.00% $360,389.83
14.00% less than Gross Coupon less than or equal to 14.25% $119,105.15
14.25% less than Gross Coupon less than or equal to 14.50% $119,377.05
14.75% less than Gross Coupon less than or equal to 15.00% $374,945.01
____________________________________________________________
Total..... $18,409,819.09
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Maturity Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
110 less than Original Maturity less than or equal to 120 1 .43 12.400 117.00 3.00 73.00 $79,500
170 less than Original Maturity less than or equal to 180 30 24.26 12.215 175.57 4.43 60.02 $850,000
290 less than Original Maturity less than or equal to 300 1 .81 10.990 284.00 16.00 54.54 $150,000
350 less than Original Maturity less than or equal to 360 75 74.51 11.469 356.96 3.04 60.30 $728,000
_________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
=========================================================================================================================
<CAPTION>
ORIGINAL MATURITY
(Balloons to Balloon Date, Non-Balloons to Orig Date)
________________________________________________________________________________________
Total
Original Current
Maturity Balance
<S> <C>
110 less than Original Maturity less than or equal to 120 $78,821.39
170 less than Original Maturity less than or equal to 180 $4,465,861.34
290 less than Original Maturity less than or equal to 300 $148,511.65
350 less than Original Maturity less than or equal to 360 $13,716,624.71
_____________________________________________________________________________
Total..... $18,409,819.09
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Remaining Term Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
108 less than Rem Term less than or equal to 120 1 .43 12.400 117.00 3.00 73.00 $79,500
156 less than Rem Term less than or equal to 168 3 1.87 13.798 163.69 16.31 70.30 $125,000
168 less than Rem Term less than or equal to 180 27 22.39 12.083 176.56 3.44 59.16 $850,000
276 less than Rem Term less than or equal to 288 1 .81 10.990 284.00 16.00 54.54 $150,000
348 less than Rem Term less than or equal to 360 75 74.51 11.469 356.96 3.04 60.30 $728,000
_________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
=========================================================================================================================
<CAPTION>
REMAINING TERM
(Balloons to Balloon Date, Non-Balloons to Orig Date)
________________________________________________________________________________________
Total
Current
Remaining Term Balance
<S> <C>
108 less than Rem Term less than or equal to 120 $78,821.39
156 less than Rem Term less than or equal to 168 $344,489.07
168 less than Rem Term less than or equal to 180 $4,121,372.27
276 less than Rem Term less than or equal to 288 $148,511.65
348 less than Rem Term less than or equal to 360 $13,716,624.71
_____________________________________________________________________________
Total..... $18,409,819.09
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________________________________________________
WA WA Max. Orig
# % Rem WA Orig Loan
Age of Loan Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0 less than Age less than or equal to 12 103 97.32 11.614 314.41 3.13 60.09 $850,000
12 less than Age less than or equal to 24 4 2.68 12.952 199.93 16.21 65.55 $150,000
_________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
=========================================================================================================================
<CAPTION>
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
_________________________________________________________________________________
Total
Current
Age of Loan Balance
<S> <C>
0 less than Age less than or equal to 12 $17,916,818.37
12 less than Age less than or equal to 24 $493,000.72
_____________________________________________________________________________
Total..... $18,409,819.09
=============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
ORIGINATION YEAR
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1995 15 11.91 12.056 275.74 7.87 58.01 $660,000 $2,191,988.22
1996 92 88.09 11.595 316.15 2.89 60.54 $850,000 $16,217,830.87
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LAST PAYMENT DATE (Assumed)
___________________________________________________________________________________________________________________
Last WA WA Max. Orig Total
Pay # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
06/01/96 107 100.00 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL LTV RANGE
_________________________________________________________________________________________________________________________
WA WA Max. Orig
LTV # % Rem WA Orig Loan
RANGE Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
0.000 less than LTV less than or equal to 50.000 13 10.98 11.645 297.07 3.82 46.85 $373,750
50.000 less than LTV less than or equal to 55.000 12 9.83 11.438 330.01 4.93 52.92 $660,000
55.000 less than LTV less than or equal to 60.000 23 25.93 11.361 294.08 2.87 57.36 $850,000
60.000 less than LTV less than or equal to 65.000 49 44.47 11.741 326.20 3.24 64.09 $728,000
65.000 less than LTV less than or equal to 70.000 7 6.91 12.139 296.89 3.98 68.92 $444,000
70.000 less than LTV less than or equal to 75.000 1 .43 12.400 117.00 3.00 73.00 $79,500
95.000 less than LTV less than or equal to 100.000 2 1.45 12.955 272.06 7.27 99.45 $147,000
_________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
=========================================================================================================================
<CAPTION>
ORIGINAL LTV RANGE
_____________________________________________________________________________
Total
LTV Current
RANGE Balance
<S> <C>
0.000 less than LTV less than or equal to 50.000 $2,021,535.47
50.000 less than LTV less than or equal to 55.000 $1,809,031.38
55.000 less than LTV less than or equal to 60.000 $4,774,218.96
60.000 less than LTV less than or equal to 65.000 $8,186,907.43
65.000 less than LTV less than or equal to 70.000 $1,272,927.41
70.000 less than LTV less than or equal to 75.000 $78,821.39
95.000 less than LTV less than or equal to 100.000 $266,377.05
_____________________________________________________________________________
Total..... $18,409,819.09
=============================================================================
</TABLE>
<TABLE>
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Original # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
50,000 less than Balance less than or equal to 75,000 9 3.13 12.009 281.19 3.13 60.10 $74,000
75,000 less than Balance less than or equal to 100,000 22 10.35 11.695 321.61 3.25 59.17 $100,000
100,000 less than Balance less than or equal to 150,000 32 21.60 12.233 272.15 4.63 61.80 $150,000
150,000 less than Balance less than or equal to 203,150 16 15.15 11.734 287.54 3.27 59.92 $200,000
203,150 less than Balance less than or equal to 250,000 15 18.77 11.679 343.91 3.13 61.91 $250,000
250,000 less than Balance less than or equal to 300,000 4 6.13 11.379 358.00 2.00 60.96 $292,500
300,000 less than Balance less than or equal to 350,000 2 3.53 10.799 357.47 2.53 60.24 $344,500
350,000 less than Balance less than or equal to 400,000 2 4.11 11.066 357.49 2.51 55.57 $383,500
400,000 less than Balance less than or equal to 450,000 1 2.41 10.990 356.00 4.00 68.00 $444,000
450,000 less than Balance less than or equal to 500,000 1 2.71 11.000 357.00 3.00 56.00 $500,000
600,000 less than Balance less than or equal to 750,000 2 7.52 11.305 355.53 4.47 57.31 $728,000
750,000 less than Balance less than or equal to 1,000,000 1 4.60 11.000 177.00 3.00 56.00 $850,000
__________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
==========================================================================================================================
<CAPTION>
ORIGINAL MORTGAGE AMOUNT
__________________________________________________________________________________
Total
Original Current
Mortgage Amt. Balance
<S> <C>
50,000 less than Balance less than or equal to 75,000 $576,506.23
75,000 less than Balance less than or equal to 100,000 $1,905,810.10
100,000 less than Balance less than or equal to 150,000 $3,976,164.02
150,000 less than Balance less than or equal to 203,150 $2,789,297.95
203,150 less than Balance less than or equal to 250,000 $3,455,601.65
250,000 less than Balance less than or equal to 300,000 $1,127,700.00
300,000 less than Balance less than or equal to 350,000 $649,127.43
350,000 less than Balance less than or equal to 400,000 $756,670.21
400,000 less than Balance less than or equal to 450,000 $444,000.00
450,000 less than Balance less than or equal to 500,000 $498,606.63
600,000 less than Balance less than or equal to 750,000 $1,383,529.60
750,000 less than Balance less than or equal to 1,000,000 $846,805.27
_______________________________________________________________________________
Total..... $18,409,819.09
===============================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________________________________________________
WA WA Max. Orig
Current # % Rem WA Orig Loan
Mortgage Amt. Loan Pool WAC Term Age LTV Amount
<S> <C> <C> <C> <C> <C> <C> <C>
50,000 less than Balance less than or equal to 75,000 9 3.13 12.009 281.19 3.13 60.10 $74,000
75,000 less than Balance less than or equal to 100,000 22 10.35 11.695 321.61 3.25 59.17 $100,000
100,000 less than Balance less than or equal to 150,000 32 21.60 12.233 272.15 4.63 61.80 $150,000
150,000 less than Balance less than or equal to 200,000 16 15.15 11.734 287.54 3.27 59.92 $200,000
200,000 less than Balance less than or equal to 250,000 15 18.77 11.679 343.91 3.13 61.91 $250,000
250,000 less than Balance less than or equal to 300,000 4 6.13 11.379 358.00 2.00 60.96 $292,500
300,000 less than Balance less than or equal to 350,000 2 3.53 10.799 357.47 2.53 60.24 $344,500
350,000 less than Balance less than or equal to 400,000 2 4.11 11.066 357.49 2.51 55.57 $383,500
400,000 less than Balance less than or equal to 450,000 1 2.41 10.990 356.00 4.00 68.00 $444,000
450,000 less than Balance less than or equal to 500,000 1 2.71 11.000 357.00 3.00 56.00 $500,000
600,000 less than Balance less than or equal to 750,000 2 7.52 11.305 355.53 4.47 57.31 $728,000
750,000 less than Balance less than or equal to 1,000,000 1 4.60 11.000 177.00 3.00 56.00 $850,000
__________________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000
==========================================================================================================================
<CAPTION>
CURRENT MORTGAGE AMOUNT
__________________________________________________________________________________
Total
Current Current
Mortgage Amt. Balance
<S> <C>
50,000 less than Balance less than or equal to 75,000 $576,506.23
75,000 less than Balance less than or equal to 100,000 $1,905,810.10
100,000 less than Balance less than or equal to 150,000 $3,976,164.02
150,000 less than Balance less than or equal to 200,000 $2,789,297.95
200,000 less than Balance less than or equal to 250,000 $3,455,601.65
250,000 less than Balance less than or equal to 300,000 $1,127,700.00
300,000 less than Balance less than or equal to 350,000 $649,127.43
350,000 less than Balance less than or equal to 400,000 $756,670.21
400,000 less than Balance less than or equal to 450,000 $444,000.00
450,000 less than Balance less than or equal to 500,000 $498,606.63
600,000 less than Balance less than or equal to 750,000 $1,383,529.60
750,000 less than Balance less than or equal to 1,000,000 $846,805.27
_______________________________________________________________________________
Total..... $18,409,819.09
===============================================================================
</TABLE>
<TABLE>
<CAPTION>
GEOGRAPHIC DISTRIBUTION
___________________________________________________________________________________________________________________________________
Calc.
WA WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Curr Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE LTV LTV Amount Amount Balance Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AZ 5 5.04 11.232 357.56 2.44 1.00 3.00 56.51 56.39 $61,750 $498,607 $928,713 $185,743
CA 15 19.16 11.176 310.78 3.47 1.00 16.00 57.92 57.83 $87,750 $846,805 $3,527,065 $235,138
CT 2 1.13 11.400 357.38 2.62 2.00 3.00 63.13 63.00 $77,855 $129,717 $207,572 $103,786
FL 8 7.89 11.394 333.78 3.24 1.00 4.00 59.09 58.93 $68,405 $344,127 $1,452,965 $181,621
GA 1 3.95 11.400 356.00 4.00 4.00 4.00 63.00 62.99 $727,912 $727,912 $727,912 $727,912
IL 4 1.96 12.300 303.38 3.16 2.00 5.00 65.00 64.82 $75,400 $107,022 $360,369 $90,092
MA 3 2.56 11.054 337.22 3.22 3.00 5.00 61.12 61.04 $51,137 $224,715 $470,605 $156,868
NJ 12 10.68 11.423 282.18 3.90 1.00 17.00 61.61 61.34 $58,500 $292,500 $1,966,488 $163,874
NV 1 1.30 11.100 357.00 3.00 3.00 3.00 48.00 47.97 $239,845 $239,845 $239,845 $239,845
NY 41 28.91 12.518 275.36 3.66 1.00 15.00 63.09 62.91 $58,403 $250,000 $5,321,596 $129,795
OH 3 3.26 12.043 357.63 2.37 2.00 3.00 61.13 61.06 $87,000 $289,500 $599,722 $199,907
OK 1 3.56 11.200 355.00 5.00 5.00 5.00 51.00 50.66 $655,618 $655,618 $655,618 $655,618
PA 3 1.57 12.438 277.79 8.23 1.00 17.00 59.18 58.99 $75,725 $119,105 $289,796 $96,599
RI 3 1.82 11.575 325.75 2.00 2.00 2.00 59.34 59.30 $59,880 $145,000 $334,239 $111,413
TN 1 1.32 10.750 358.00 2.00 2.00 2.00 65.00 65.00 $243,750 $243,750 $243,750 $243,750
TX 4 5.89 10.492 357.55 2.45 2.00 3.00 58.94 58.91 $109,945 $382,920 $1,083,565 $270,891
___________________________________________________________________________________________________________________________________
Total.. 107 100.00%11.650 311.34 3.48 1.00 17.00 60.24 60.09 $51,137 $846,805 $18,409,819 $172,054
===================================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
PROPERTY-TYPE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Single-family 3 2.03 12.539 211.70 15.96 67.45 $150,000 $373,895.57
2-4 Family 2 1.14 12.210 174.57 5.43 67.84 $119,000 $209,155.80
Other 102 96.83 11.625 315.04 3.20 60.00 $850,000 $17,826,767.72
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
<TABLE>
<CAPTION>
OCCUPANCY
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Owner Occ. 23 19.31 12.093 296.26 3.61 60.74 $660,000 $3,554,073.73
Investor 78 76.75 11.515 319.94 3.04 60.20 $850,000 $14,129,850.05
Vacation/Second Home 1 .54 11.500 354.00 6.00 63.00 $100,000 $99,741.98
Rental 4 2.75 11.738 203.92 11.23 57.39 $162,500 $507,048.18
Unknown 1 .65 14.250 163.00 17.00 59.60 $120,000 $119,105.15
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN-PURPOSE
__________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Purchase 26 16.95 12.791 229.81 3.50 65.60 $217,000 $3,119,565.79
Refinance/No ETO 79 81.83 11.387 330.44 3.28 59.21 $850,000 $15,065,141.28
Refinance/ETO 1 .65 14.250 163.00 17.00 59.60 $120,000 $119,105.15
Debt Consolidation 1 .58 12.500 163.00 17.00 48.88 $110,000 $106,006.87
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
<TABLE>
<CAPTION>
LOAN RATING
______________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Rating Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 57 57.74 11.235 318.88 3.40 58.64 $850,000 $10,630,258.32
B 9 6.54 12.824 230.68 3.72 70.48 $195,000 $1,204,115.31
B+ 34 31.15 11.859 323.97 3.50 60.73 $728,000 $5,734,002.78
B- 4 2.12 13.139 175.15 4.85 64.33 $125,000 $390,772.67
C 3 2.45 14.363 306.60 3.50 60.84 $250,000 $450,670.01
______________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
==============================================================================================================
</TABLE>
<TABLE>
<CAPTION>
BALLOON LOANS
________________________________________________________________________________________________________________________
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
BALLOON CODE Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
No 92 89.90 11.501 326.60 3.38 59.98 $850,000 $16,550,199.99
Yes 15 10.10 12.981 175.57 4.43 62.51 $195,000 $1,859,619.10
___________________________________________________________________________________________________________________
Total..... 107 100.00% 11.650 311.34 3.48 60.24 $850,000 $18,409,819.09
===================================================================================================================
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE
SUCH A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES
INCORPORATED FINANCIAL ADVISOR IMMEDIATELY.
